Berkshire Sells ¥272.3 Billion Bonds in First After Buffett Exit

Berkshire Hathaway Inc. sold ¥272.3 billion ($1.7 billion) of yen-denominated bonds, marking its first such deal since Warren Buffett stepped down as chief executive officer.

The six-tranche offering comprised maturities ranging from three to 30 years. The 10-year notes were priced at a spread of 90 basis points over benchmarks, with a coupon of 3.084%. In its previous yen deal in November 2025, Berkshire sold 10-year notes at a coupon of 2.422%.

The Omaha, Nebraska-based company has expanded its investments in Japan, including stakes in major trading houses, and recently agreed to invest about ¥300 billion in insurer Tokio Marine …