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Mitsui new CEO looks to food, medicine to cure 22% profit slump

Mr Yasunaga says that Mitsui also plans to invest in ventures around energy and mining projects, such as maintenance, machinery and leasing services.


MITSUI & Co, Japan's top oil trader, is expanding its focus beyond raw materials as its incoming chief executive officer contends with an expected 22 per cent decline in profit this year.

As much as 80 per cent of Mitsui's profit comes from such areas as iron ore, coal,