© Reuters. TOP PHOTO: Berkshire Hathaway CEO Warren Buffett, arriving at Allen and Co.’s annual meeting. Sun Valley Media in Sun Valley, Idaho, US, July 5, 2022. REUTERS/Brendan McDermid
TOKYO (Reuters) – Berkshire Hathaway (NYSE:) Inc, controlled by billionaire Warren Buffett, has raised its stake in Japan’s five largest stock exchanges by a margin of more than 1% to 6%, according to a filing.
Berkshire shares rose to 6.59% from 5.04% in Mitsubishi Corp, to 6.62% from 5.03% in Mitsui & Co Ltd, to 6.21% from 5.02% in Itochu Corp, to 6.75% from 5.06% in Marubeni Corp and from 6.57% to 5.04% in Sumitomo Corp.
Berkshire said in 2020 that its investment in real estate in Japan is sustainable and that the investment could rise to 9.9%.