Why are Japan’s top 5 trading houses rallying today?
Japan's five largest trading house stocks experienced a significant rally on Thursday, following remarks made by Berkshire Hathaway CEO Greg Abel. The hedge fund is reportedly considering increasing its positions in the five companies. Mitsubishi Corp emerged as the standout performer, surging over 5%, while Itochu, Mitsui, Sumitomo, and Marubeni gained between 2.6% and 4.2%.
Abel reiterated in a separate CNBC interview that recent surges in Japanese government bond yields to multi-decade highs are manageable for the major trading firms, alleviating a major concern weighing on Japanese stocks. Among the five trading houses, Berkshire Hathaway holds the largest stake, owning 10.8% as of the end of 2025.
The hedge fund's total investments in the five companies amounted to $35.37 billion as of the year's end. The surge in these trading houses, which constitute a significant portion of the Japanese stock market, contributed to the Nikkei 225 index climbing 0.3% on the day.
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