Trading house Mitsui & Co. said Tuesday its group pretax profits for the April-June quarter fell 24.6 percent from a year earlier to 22.16 billion yen, while revenues slipped 7.9 percent to 2.92 trillion yen.
The company said its performance in the machinery, information and energy sectors was particularly sluggish, and earnings were pressured partly by appraisal losses on fixed asset holdings.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see this support page.
We humbly apologize for the inconvenience.
In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.
SUBSCRIBE NOW
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.