Trading house Mitsubishi Corp. said Tuesday its profit for the last financial year jumped 27 percent to record levels due to stronger prices for coking coal and other commodities, while forecasting another profit rise this year.
Japanese trading houses have been enjoying their best profits in several years, driven by a rally in commodities from coking coal and base metals to oil and natural gas, as well as stronger earnings in non-resource businesses.
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 out this support page.
We humbly apologize for the inconvenience.
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.