Giving himself a 90th birthday present.

This now via CNBC:

Berkshire Hathaway has acquired a slightly more than 5% stake in each of the five leading Japanese trading companies.

  • Itochu Corp.,
  • Marubeni Corp.,
  • Mitsubishi,
  • Mitsui & Co.,
  • and Sumitomo Corp.

over a roughly 12-month period through regular purchases on the Tokyo Stock Exchange.

5% stake in each would be valued at roughly $6.25 billion.

  • Berkshire says it intends to hold the investments for the long term, and that it may increase its holdings in any of the companies up to a maximum of 9.9%, depending on price.
Giving himself a 90th birthday present.