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Japan Trading Houses Facing $13 Billion Hit on Commodity Misfire

2016-02-02 07:51:48| Chemicals - Topix.net

A handful of companies that have dominated almost every kind of raw-material business in Japan for decades may take as much as $13 billion in charges during the current fiscal year. sogo shosha ," or general trading houses like Mitsubishi Corp. that supply everything from gasoline and steel to seafood and noodles in resource-poor Japan.

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