• Kyodo, Bloomberg


Mitsubishi Corp., the nation’s largest trading house, expects a net loss of ¥150 billion in fiscal 2015 — its first loss since it was established in 1954 and a setback from the ¥400.5 billion in net income logged the previous year.

The Tokyo-based trader also expects to book an impairment charge of ¥430 billion on its commodities business for the 12 months ending March 31, according to a regulatory statement.

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