Japanese trading company stock prices rise as Buffett claims Berkshire Hathaway will hold shares for at least 50 years

Buffett previously stated that he expects Berkshire's investment in Japanese trading companies to last at least 50 years or more, and the stock prices of related companies 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 of the Tokyo Stock Exchange index. The Japanese market will be closed for two days due to a holiday. Buffett made these remarks at the company's annual meeting. Buffett stated that the investment in Japan is very much to our liking