Japanese Trading House Shares Rise on Buffett’s Growing Stake
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Shares of Japan’s biggest trading houses advanced after Berkshire Hathaway Inc. increased its stake.
Shares of Mitsubishi Corp., Marubeni Corp., Mitsui & Co., Itochu Corp. and Sumitomo Corp. climbed at least 4% as of 9:09 a.m. in Tokyo after filings to Japan’s finance ministry showed that Berkshire’s average holding across the stocks increased by just over one percentage point to about 9.3%.