Buffett strikes again! Berkshire Hathaway (BRK.A.US) plans to issue yen bonds to increase its holdings in Japan's five largest trading companies.

Warren Buffett, the "Stock God," plans to issue yen bonds in the global market through his company Berkshire Hathaway (BRK.A.US). The billionaire investor recently revealed his intention to increase his holdings in the five largest Japanese trading companies. According to sources, the American conglomerate has appointed Bank of America Securities and Mizuho Securities to prepare for a potential benchmark size SEC-registered bond issuance. Since entering the market in 2019, Berkshire Hathaway has become a regular issuer of yen bonds. The specific timing of the issuance will depend on market conditions and may be implemented in the near future. In October of last year, the company completed its largest ever yen bond issuance. This potential bond issuance plan coincides with Buffett's intention to increase his holdings disclosed in his annual shareholder letter released in February. The veteran investor stated in the letter that he initially agreed to keep Berkshire's stake below 10%, but as the stake approaches the limit, the related companies have agreed to "modestly" relax this restriction.