Berkshire Hathaway $BRK-A-0.4% $BRK-B-0.3%boosted its holdings in five Japanese trading companies in the last quarter. The five companies are Itochu, Marubeni, Mitsubishi, Mitsui and Sumitomo.
Berkshire Hathaway
BRK-BCapital Structure
Market Cap
879.2B
Enterpr. Val.
966.3B
Valuation
P/E
12.0
P/S
2.4
Berkshire thus confirmed its interest in investing in Japan, where it sees good investment potential. Buffett believes that Japanese department stores are undervalued and have a better future thanks to the growth of the global economy.
On average, he now holds more than 8.5 percent in each of them, and the total investment exceeds the value of shares Berkshire holds in any other country outside the United States.
What about you and Japan? Do you see potential there as well?
Unfortunately, those companies are not so cheap anymore, ytd have increased from 40-70%
I haven't looked at Japan much yet, but it's definitely great for portfolio diversification.
I see a lot of potential there. I think Japan is a super market where we can diversify and have less exposure to the risk of investing purely in USD
I'm going to repeat myself, but I like Itochu the best, one of the better known conglomerates I've had in my portfolio in the past. I don't have any stocks from Japan at the moment though.