Warren Buffett’s Berkshire Hathaway issued yen bonds in 2019 and used these cheap yen to massively buy into Japan’s five major trading houses in 2020. There are mainly five reasons for this, including solid growth and easily understandable businesses, cheap yen, large company scale, cohesive and resilient Japanese culture, and cheap stock prices. This time, we will introduce these five major trading houses, understand their financial statements, and teach everyone how to invest in Japanese stocks.