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Berkshire Hathaway Issues ¥90 Billion in Yen Bonds, Potentially for Japanese Trading House Stakes
Berkshire Hathaway Issues ¥90 Billion in Yen Bonds, Potentially for Japanese Trading House Stakes
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Warren Buffett’s Berkshire Hathaway has issued six new yen-denominated bonds totaling ¥90 billion ($580 million), marking its 10th such offering since 2019. While the smallest in the series, the proceeds could further the conglomerate’s investments in Japan’s five major trading houses—Mitsui, Mitsubishi, Marubeni, Sumitomo, and Itochu.
The bonds, structured across tranches with maturities ranging from three to 30 years, signal Berkshire’s sustained confidence in Japanese markets. Buffett first disclosed stakes in these firms in 2020 and has since raised holdings to nearly 10% in each by March 2024.
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