Core Viewpoint - Warren Buffett is deepening his investment in Japanese trading companies by increasing his stake in Mitsui & Co. to over 10%, marking him as a "major shareholder" [3][6]. Investment Strategy Shift - This increase in stake signifies a subtle shift in Berkshire Hathaway's investment strategy, as Buffett initially planned to keep holdings in these companies below 10% [6]. - The Japanese trading companies have agreed to "moderately" relax the holding limit, allowing Berkshire to surpass the 10% threshold and engage more deeply in their future developments [6]. Market Reaction - Following the announcement, Mitsui & Co.'s stock price rose by 2.2% before settling at a 1.75% increase, with other major trading companies also experiencing stock price increases [3][6]. Unique Business Value - Buffett's continued investment highlights the unique business value of Japanese trading companies, which have a highly diversified business structure, providing resilience during commodity price fluctuations [6]. - These companies have also focused more on shareholder returns, enhancing their attractiveness as investment opportunities [6].

Group 1 - Berkshire Hathaway has increased its stake in Mitsui & Co. to over 10%, marking it as a "major shareholder" [1] - This move signals Warren Buffett's confidence in the Japanese market, following a similar increase in Mitsubishi Corporation [1] - Following the announcement, Mitsui & Co.'s stock price rose by 2.2% before settling at a 1.75% increase, with other major trading companies also experiencing stock price gains [1] Group 2 - The increase in stake represents a subtle shift in Berkshire's investment strategy, as the company initially aimed to keep its holdings below 10% [4] - Japanese companies have agreed to "moderately" relax the holding limit, allowing Berkshire to become a major shareholder and engage more deeply in their future developments [4] - Analysts view Buffett's continued investment as a positive signal for Japanese trading companies, which have shown resilience amid commodity price fluctuations and have focused more on shareholder returns [4]

Core Viewpoint - Berkshire Hathaway, led by Warren Buffett, has increased its stake in Japan's Mitsui & Co. to over 10%, becoming a major shareholder, which signals confidence in the Japanese market [1][3]. Group 1: Investment Strategy Shift - The increase in stake marks a subtle shift in Berkshire's investment strategy, as Buffett initially planned to keep holdings in Japan's top five trading companies below 10% [5]. - The companies have agreed to "moderately" relax the holding limit, allowing Berkshire to surpass the 10% threshold and engage more deeply in the future development of these Japanese giants [5]. - Analysts view Buffett's continued investment as a positive signal for Japanese trading companies, which have shown strong stock performance since his initial endorsement in 2020 [5]. Group 2: Market Reaction - Following the announcement, Mitsui & Co.'s stock price rose by 2.2% at one point, with other major trading companies also experiencing stock price increases [1][3]. - The positive market response reflects investor sentiment towards the stability and growth potential of Japanese trading companies [3]. Group 3: Unique Business Value - Buffett's ongoing investment highlights the unique business value of Japanese trading companies, which have a highly diversified business structure, providing resilience during commodity price fluctuations [5]. - These companies have increasingly focused on shareholder returns, enhancing their attractiveness as investment opportunities [5].

巴菲特正在深化其对日本大型综合商社的押注，通过将其在三井物产的持股比例提升至"主要股东"水平。 根据日本三井物产周一发布的声明，巴菲特领导的伯克希尔哈撒韦公司已将其在该公司的持股比例（按投票权计算）提高至10%以上。声明还指 出，伯克希尔可能会考虑进一步增持。 此举被视为巴菲特对日本市场信心的最新信号。此前，伯克希尔已将其在另一家主要商社三菱商事的股份提升至超过10%的门槛。 投资策略转变：持股上限放宽 此次增持标志着伯克希尔投资策略的微妙转变。巴菲特在2020年首次披露其对日本前五大商社（即"综合商社"）的投资。根据巴菲特在今年2月发 布的年度投资者信，伯克希尔最初计划将其在这些公司的持股比例控制在10%以下。 然而，信中提到，这些日本公司已同意"适度"放宽这一持股上限。这一变化为伯克希尔如今突破10%的门槛、成为"主要股东"铺平了道路，使其 能够更深入地参与到这些日本商业巨头的未来发展中。 "'投资之神'正在买入更多，这对日本商社股而言是一个利好，"SBI Securities Co.的分析师Ryunosuke Shibata表示。自2020年巴菲特首次背书以 来，这些业务范围广泛的公司（从液化天然气到三 ...