Warren Buffett increases Japan investments amid US market selloff

Warren Buffett's Berkshire Hathaway has significantly increased its stakes in Japan's five largest trading houses—Mitsui, Mitsubishi, Marubeni, Sumitomo, and Itochu—raising its holdings to about 9.3% on average. This investment comes amid ongoing turmoil in the U.S. stock market, suggesting Buffett's optimism about opportunities outside the U.S. He has expressed confidence in these companies due to their strong financial discipline and diversified revenue streams. The trading houses have agreed to relax the 10% cap on Buffett's ownership, indicating a strong relationship with Berkshire. While the Nikkei 225 has faced challenges, Buffett's consistent accumulation of shares is seen as a bullish signal that may encourage other investors to consider Japanese stocks. Analysts are closely watching how this investment could influence Japanese stock prices in a tough market environment.