AsianFin -- Berkshire Hathaway has boosted its holding in Japan’s Mitsubishi Corp, raising its stake to 10.23% from 9.74%, the Japanese trading company said Thursday.

The increase was made through Berkshire’s wholly-owned subsidiary, National Indemnity Company. This follows a broader move earlier this year, when Berkshire raised its positions across five major Japanese trading houses, including Mitsubishi, signaling continued confidence in the country’s corporate sector.

Mitsubishi shares have benefited from growing interest from long-term investors like Berkshire, reflecting Japan’s appeal as a stable market with resilient industrial and trading businesses.