3 Major Japanese Traders Expect Lower Profits
Tokyo, May 2 (Jiji Press)--Three of seven major Japanese trading companies expect to post lower consolidated profits for the year ending in March 2026, citing uncertainty surrounding U.S. President Donald Trump's trade policies.
Mitsubishi Corp. expects its net profit to decrease 26.4 pct from the previous year to 700 billion. Mitsui & Co.'s net profit is projected to drop 14.5 pct to 770 billion yen. Toyota Tsusho Corp. forecasts a 6.2 pct decline in net profit to 340 billion yen.
(2025/05/02-22:10)
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BUSINESS
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