Japanese trading houses rise as Warren Buffett says he plans on buying more

Buffett said he was 'very proud' of these investments and that he plans to meet with the companies to emphasize Berkshire Hathaway's support.

Warren Buffett told Nikkei he is considering additional investment in Japan's five major trading houses.

Shares of Mitsubishi Corp. rose 2.7% in Japan's afternoon trade, Mitsui & Co. gained 2.6% and Itochu Corp climbed 2.5%.Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., in Iwaki City, Fukushima Prefecture, Japan in 2011.

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