Analysis: Berkshire plans to issue yen bonds again, possibly betting on investment opportunities in Japanese trading companies

According to Gelonghui, Berkshire Hathaway, led by Buffett, has hired multiple banks to prepare for a possible yen bond issuance plan. As global borrowers are set to reach a record high in bond issuance this year, the company may re-enter the yen bond market. If this issuance proceeds, it will be the company's second time financing in the yen market this year. Berkshire Hathaway is one of the largest overseas borrowers in the yen bond market, and its movements are closely watched due to its holdings in several major Japanese trading companies and long-standing market speculation on how it will utilize yen funds.

Hiroshi Namioka, chief strategist at T&D Asset Management, stated, "Considering that Berkshire currently holds a large amount of cash, this issuance of yen bonds indicates that the company sees investment opportunities in Japan, and the funds are likely to flow to Japanese trading companies." He added that Berkshire's move suggests "from a global perspective, Japanese trading company stocks are still undervalued, so this action has positive implications for stock prices."