Tag: $Mitsubishi Corporation

Japanese trading house Mitsubishi Corp (8058) said its net profit for the nine months to December fell 26.5% on weak coking coal prices and the absence of one-off gains, but maintained its full-year profit forecast due to uncertainty ahead of year-end.

Mitsubishi Corporation said on Friday that it will acquire shale gas assets in the U.S. in a $7.53 billion deal, including debt, as the Japanese trading house looks to build on its presence in the country’s energy market.