Japanese trading company stock prices rise, Buffett declares that Berkshire Hathaway will hold the shares for at least 50 years.

Buffett previously stated that Berkshire Hathaway's investment in Japanese trading companies is expected to last at least 50 years or more, and the related company's stock prices rose on Wednesday. Mitsubishi Corporation, Marubeni Corporation, Mitsui & Co., Itochu Corporation, and Sumitomo Corporation all saw their stock prices rise by at least 3.1% in Tokyo on Wednesday. A wholesale trade sector index rose by 2.5%, making it the largest contributor to the rise in the Tokyo Stock Price Index. The Japanese market was closed for two days due to holidays. Buffett made the above remarks at the company's annual meeting, stating that the investment in Japan is in line with our preferences.