Japan’s major trading houses are facing a prolonged slump in iron ore and coking coal prices as Chinese steel exports flood into Asia and beyond, constraining profits for at least the next six months. https://www.japantimes.co.jp/business/2025/11/06/companies/china-steel-exports-trading-houses/?utm_medium=Social&utm_source=mastodon #business #companies #china #steel #mitsubishi #sumitomo #marubeni #itochu

Trading house Sumitomo has announced a plan to make Tokyo-based major information technology service provider SCSK a wholly owned subsidiary through a takeover bid valued at about ¥882 billion. https://www.japantimes.co.jp/business/2025/10/30/companies/sumitomo-takeover-scsk/?utm_medium=Social&utm_source=mastodon #business #companies #sumitomo #scsk #ai #acquisitions #shingoueno