(Bloomberg) -- Five major Japanese trading firms backed by Warren Buffett saw their profits dented by lower commodity prices this year.Most Read from BloombergParis Restricts Through Traffic in City CenterFrom Housing to Immigration, Key Ballot Initiatives and Local Races to FollowAmong the five, Mitsui & Co. was the only one to boost its net income guidance for the full year, saying its LNG business will contribute to profits. Mitsubishi Corp., Marubeni Corp. and Sumitomo Corp.’s net income mis
The JV will launch by the end of fiscal 2024 focused on autonomous vehicle services and EV battery integration
Japan's Mitsubishi Corp and Nissan have decided to establish a joint venture to provide services related to autonomous driving and using electric vehicle batteries as storage batteries, the Yomiuri newspaper reported on Monday. The new company will be launched by March 2025 and equally owned by the two firms, Yomiuri reported. (This story has been repeated to change the image, with no changes to text)