“Stock God” Buffett’s Berkshire Hathaway (Berkshire Hathaway) revealed on Monday (21st) that it has increased its holdings in Japan’s five largest integrated traders Mitsubishi Corporation, Mitsui & Co., Itochu Corporation, Marubeni, and Sumitomo Corporation. Each bought more than 1% of the shares and held more than 6% of the shares.
Berkshire Hathaway purchased the shares of the aforementioned five major integrated traders through its wholly-owned subsidiary, National Indemnity Company.
Archyde.com reported on Monday that Berkshire Hathaway’s Mitsubishi Corp stake increased to 6.59% from 5.04%, Mitsui & Co. Shares increased from 5.06% to 6.75%, and Sumitomo Corporation’s stake increased from 5.04% to 6.57%.
The above reporting obligations all occurred on November 14, and the change report submitted by Berkshire Hathaway to the Kanto Finance Bureau of Japan was exposed on November 21.
In 2020, Berkshire Hathaway stated in the past that it would hold the stocks of the aforementioned companies for a long time, with a shareholding ratio of up to 9.9%; in addition, unless approved by the board of directors of these companies, it would not buy any company exceeding 9.9%. 9.9% stake.
