ChainCatcher news, according to Gelonghui, Berkshire Hathaway, under Warren Buffett, has hired several banks to prepare for a possible yen bond issuance plan. As global borrowers have set a new record for bond issuance this year, the company may once again enter the yen bond market. If this issuance proceeds, it will be the company's second financing in the yen market this year. Berkshire Hathaway is one of the largest overseas borrowers in the yen bond market. Since it holds shares in several major Japanese trading companies and the market has long speculated on how it will use yen funds, its moves are closely watched.
Hiroshi Namioka, Chief Strategist at T&D Asset Management, stated: "Considering that Berkshire currently holds a large amount of cash, this yen bond issuance means the company sees investment opportunities in Japan, and the funds are likely to flow to Japanese trading companies." He added that Berkshire's move shows that "from a global perspective, Japanese trading company stocks are still undervalued, so this action is positive for their stock prices."