Warren Buffett looks to Japan, takes 5% stakes in five trading companies

In a statement on Sunday, Buffett's 90th birthday, Berkshire said it acquired its stakes in Itochu Corp <8001.T>, Marubeni Corp <8002.T>, Mitsubishi Corp <8058.T>, Mitsui & Co <8031.T> and Sumitomo Corp <8053.T> over approximately 12 months. Berkshire said it intends to hold the investments for the long term, and may boost its stakes to 9.9%.