The Zhitong Finance App learned that Japanese trading company positions established during the Buffett era are becoming a long-term arrangement between US insurance and investment giant Berkshire Hathaway, which crosses management handover, rather than waiting to be honored in phased transactions. Berkshire began buying the five major trading companies in July 2019, and it was first publicly disclosed in August 2020 that each company held slightly more than 5% of its shares; since then, its holdings have gradually increased, and the initial shareholding limit was moderately relaxed after receiving the consent of the invested companies. Okafuji Masahiro, chairman of Itochu Corp (Itochu Corp), one of Japan's top five trading companies, said on Wednesday that Berkshire is considering increasing its shares in the Japanese general trading company.

The Zhitong Finance App learned that Japanese trading company positions established during the Buffett era are becoming a long-term arrangement between US insurance and investment giant Berkshire Hathaway, which crosses management handover, rather than waiting to be honored in phased transactions. Berkshire began buying the five major trading companies in July 2019, and it was first publicly disclosed in August 2020 that each company held slightly more than 5% of its shares; since then, its holdings have gradually increased, and the initial shareholding limit was moderately relaxed after receiving the consent of the invested companies. Okafuji Masahiro, chairman of Itochu Corp (Itochu Corp), one of Japan's top five trading companies, said on Wednesday that Berkshire is considering increasing its shares in the Japanese general trading company.