Berkshire Hathaway Inc. is considering increasing its holdings in Japanese trading houses, according to the head of the lobby group for the firms.

Japan Foreign Trade Council Chairperson Masahiro Okafuji said that after meeting earlier this month with Berkshire CEO Greg Abel, he believes the US investment firm “intends to hold its stakes in the trading houses for the long term and is even considering increasing its holdings.”

The comments follow Berkshire’s long-running investments in Japan’s major trading houses, reinforcing expectations of a continued commitment to the sector.