Berkshire Hathaway announced it will maintain its substantial long-term investments in five major Japanese trading houses. This policy continues even after Warren Buffett concludes his tenure as CEO. BH holds stakes in Mitsubishi Corp., Mitsui & Co., Sumitomo, Marubeni, and Itochu.
The decision commits BH to the strategy initiated by Buffett. Buffett previously lauded the diversified operations of these companies.
Incoming CEO Greg Abel will uphold this long-term investment policy. Abel was involved in the original investment, signaling strategic continuity for the conglomerate during its leadership transition.