Berkshire Hathaway CEO Greg Abell promised long-term support to five Japanese trading companies. In recent years, the company has increased its shareholding ratio in each trading company to more than 10%. In an interview in Japan on Wednesday, Abel said that Berkshire expects these companies' core profits to continue to grow, and dividends and share repurchases may also increase. “It's really a long-term investment, and we plan to hold it for decades,” Abell said. Berkshire first invested in Mitsubishi Corporation, Mitsui & Co., ITOCHU Corporation, Sumitomo Corporation, and Marubeni six years ago, and has gradually increased its holdings since then. Currently, the shares in all five companies have exceeded 10%. Berkshire also regularly issues yen-denominated bonds. In this interview, which covered a wide range of topics, Abell further explained Berkshire's consideration of buying Taylor Morrison Home Corp. He said that although the North American housing market is not expected to recover quickly, there are opportunities for Berkshire in the long run. “The American Dream is here to stay. Five or ten years from now, it will be a very strong asset for Berkshire,” Abell said. However, he anticipates that the industry “will continue to experience bumps for some time.” Abel said that Berkshire also hopes to benefit from the artificial intelligence boom by supplying energy to the data centers of hyperscale cloud service providers through its utility company Berkshire Hathaway Energy. However, Abell also said that he has noticed opposition to some data center projects. He explained that he will only support these projects if they don't affect other customers' energy prices, and if the local community is willing to accept these projects and understand their impact on water resources.

Berkshire Hathaway CEO Greg Abell promised long-term support to five Japanese trading companies. In recent years, the company has increased its shareholding ratio in each trading company to more than 10%. In an interview in Japan on Wednesday, Abel said that Berkshire expects these companies' core profits to continue to grow, and dividends and share repurchases may also increase. “It's really a long-term investment, and we plan to hold it for decades,” Abell said. Berkshire first invested in Mitsubishi Corporation, Mitsui & Co., ITOCHU Corporation, Sumitomo Corporation, and Marubeni six years ago, and has gradually increased its holdings since then. Currently, the shares in all five companies have exceeded 10%. Berkshire also regularly issues yen-denominated bonds. In this interview, which covered a wide range of topics, Abell further explained Berkshire's consideration of buying Taylor Morrison Home Corp. He said that although the North American housing market is not expected to recover quickly, there are opportunities for Berkshire in the long run. “The American Dream is here to stay. Five or ten years from now, it will be a very strong asset for Berkshire,” Abell said. However, he anticipates that the industry “will continue to experience bumps for some time.” Abel said that Berkshire also hopes to benefit from the artificial intelligence boom by supplying energy to the data centers of hyperscale cloud service providers through its utility company Berkshire Hathaway Energy. However, Abell also said that he has noticed opposition to some data center projects. He explained that he will only support these projects if they don't affect other customers' energy prices, and if the local community is willing to accept these projects and understand their impact on water resources.