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Japanese trading house stocks climb on Buffett's comments

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Japanese trading house stocks gain as Berkshire Hathaway (BRK-B, BRK-A) Chairman and CEO Warren Buffett praises the firms for increasing dividends, conducting share buybacks, offering less aggressive executive pay packages compared to US companies, and their yen balance strategy.

Berkshire Hathaway maintain holdings of Mitsubishi (8058.T), Marubeni (8002.T), Mitsui (8031.T), Sumitomo (8053.T), and Itochu shares (8001.T), all of which have outperformed the Nikkei 225 (^N225) in the last five year.

Catch up on how Berkshire Hathaway has been adjusting its investment portfolio in recent months, including the firm's five biggest holdings.

To watch more expert insights and analysis on the latest market action, check out more Catalysts here.

This post was written by Naomi Buchanan.