Buffett’s Berkshire buys 5% stake each in five Japanese trading companies

(Reuters) – Warren Buffett’s Berkshire Hathaway (N:) said on Sunday it has acquired more than 5% stakes in each of the five leading Japanese trading companies.

Berkshire Hathaway’s wholly-owned subsidiary, National Indemnity Company, will notify Japan’s Kanto Local Finance Bureau of the stake purchase in Japanese companies Itochu Corp (T:), Marubeni Corp (T:) , Mitsubishi Corp (T:), Mitsui & Co Ltd (T:) and Sumitomo Corp (T:), the company said in a statement.

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