Mitsui year profit expected to fall 15 pct -Nikkei


NEW YORK, Jan 28 (Reuters) - Net profit for Mitsui & Co Ltd for the year ending March 31 is expected to fall 15 percent to about 350 billion yen ($3.90 billion), as demand drops for raw materials and as income from foreign units falls, the Nikkei business daily reported in its Thursday edition. Mitsui had previously projected a 12 percent net income increase to 460 billion yen, Nikkei said. It said Mitsui's sales of natural resources such as iron ore and coal are unlikely to hit ...

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