UPDATE 1-Mitsubishi 9-mth net down 1.1 pct on higher costs

Newswire

(Adds details) TOKYO, Jan 31 (Reuters) - Mitsubishi Corp , Japan's top trading company, posted a 1.1 percent fall in nine-month net profit on higher costs and the absence of a stock gain booked in the year-earlier period, but it kept its annual forecast for a small rise. Shares of Mitsubishi were up 1.5 percent at 2,780 yen in afternoon trade, in line with the broader market. Surging oil and iron ore prices and firm commodity markets are benefiting Japan's top trading houses, all of ...

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