Japan’s Mitsubishi full-year profit down 18%, misses estimates

TOKYO (Reuters) – Japanese trading house Mitsubishi Corp posted on Thursday a 18.4% fall in net profit for the year ended in March to 964 billion yen ($6.2 billion), missing estimates.

A LSEG poll of analysts had forecast Mitsubishi’s net profit for the fiscal year at 979 billion yen.

($1 = 155.9300 yen)

(Reporting by Katya Golubkova; Editing by Jamie Freed)