Berkshire Hathaway CEO Says Stakes in Japan's Big 5 Trading Houses Now Above 10%

05:43 AM EDT, 09/03/2026 (MT Newswires) -- Berkshire Hathaway (BRK.A, BRK.B) has increased its stakes in Japan's five biggest trading houses to above 10%, exceeding a previously stated commitment not to cross the double-digit threshold, CEO Greg Abel said in an interview with CNBC late Wednesday. Abel, on his first visit to Tokyo since succeeding Warren Buffett as CEO in January, met with executives from Mitsubishi, Itochu, Mitsui, Sumitomo and Marubeni, to review performance and discuss potential new initiatives, Asia Nikkei reported. Berkshire views its positions in Japan's trading houses as "long-term investments" it intends to hold "for many decades," Abel said, adding that the company will also pursue incremental joint opportunities in Japan and globally.