Berkshire's adventures in Japan

 

Berkshire eyes bigger stakes in Japan trading houses: CEO Abel

TOKYO -- Berkshire Hathaway is considering increasing its stakes in Japan's five biggest trading houses -- Mitsubishi Corp., Itochu, Mitsui & Co., Sumitomo Corp. and Marubeni -- while pursuing more joint investments and mergers and acquisitions with the companies around the world, CEO Greg Abel said on Thursday.

"Our goal is to continue to increase our ownership [of the Japanese trading companies]," Abel said in an exclusive interview, voicing confidence in the companies' performance and growth prospects.

 

Tokio Marine to team with Berkshire on M&A in Australia, Canada, CEO says

Tie-up to let Japanese insurer pursue larger targets, or invest outside core business

Tokio Marine Holdings President Masahiro Koike said his company is looking for investment targets in the cyber domain.

TOKYO -- Japanese insurance group Tokio Marine Holdings will diversify geographically by pursuing mergers and acquisitions in Australia, Canada and elsewhere, President Masahiro Koike told Nikkei, using its partnership with U.S. investment firm Berkshire Hathaway. 

Berkshire-Tokio Marine tie-up signals global deal push

Berkshire's bet on the Japanese insurer goes beyond value investing.  Japanese investors have been watching for Berkshire Hathaway's next move after its holdings in five trading houses hit its self-imposed 10% limit last year.

Berkshire eyes bigger stakes in Japan trading houses: CEO Abel

TOKYO -- Berkshire Hathaway is considering increasing its stakes in Japan's five biggest trading houses -- Mitsubishi Corp., Itochu, Mitsui & Co., Sumitomo Corp. and Marubeni -- while pursuing more joint investments and mergers and acquisitions with the companies around the world, CEO Greg Abel said on Thursday.

"Our goal is to continue to increase our ownership [of the Japanese trading companies]," Abel said in an exclusive interview, voicing confidence in the companies' performance and growth prospects.

Berkshire increases stake in two Japanese trading houses above 10%

Long-term investor boosts Sumitomo, Marubeni holdings under new CEO Greg Abel

Warren Buffett, chairman and former CEO of Berkshire Hathaway, speaks with Nikkei in Tokyo in 2023.

 

TOKYO -- Prominent U.S. investment firm Berkshire Hathaway has raised its stakes in two Japanese trading houses to over 10%, cementing its position as the largest shareholder in the companies it has continued to champion.

Warren Buffett's Berkshire sells $1.7bn of yen bonds

Proceeds to refinance maturing debt, fund Tokio Marine stake. 

 U.S. investment firm Berkshire Hathaway set terms for a yen-denominated bond sale of 272.3 billion yen ($1.7 billion) on Friday, making it the third-largest yen bond deal ever for the company.