Greg Abel Says Japanese Bond Yields Are Relatively Modest as Berkshire Weighs More Stakes
Greg Abel met Japanese leaders during his first Tokyo visit since becoming CEO and said Berkshire aims to keep augmenting its ownership in Japanese trading firms. He added that investment decisions would be assessed from Omaha, with partnerships generating new ideas, and that higher Japanese bond yields are not a major issue for the five trading houses where Berkshire owns more than 10% each. Berkshire also increased its Mitsubishi stake to 10.23%.