215
“`html
Itochu and Berkshire hathaway: maintaining a Strong Partnership Under new Leadership
TOKYO – japanese trading house Itochu is focused on ensuring a continued positive relationship with Berkshire Hathaway, even with Warren Buffett’s successor, Greg abel, at the helm. The company aims to maintain its appeal to Berkshire, safeguarding its notable investment [[1]].
Berkshire Hathaway’s growing Investment in Japanese Trading Houses
Berkshire Hathaway has steadily increased its stake in five major Japanese trading companies: Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo. In March 2024, the company raised its holdings in each to nearly 10% [[2]]. This demonstrates a strong and ongoing commitment to the Japanese market and these key players within it.
Itochu’s Investment Plans and Future Outlook
Itochu has announced a record 1 trillion yen investment plan for th