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Mitsubishi and other trading houses raise full-year forecasts

Booming resource prices, robust global economy help produce record year

Japanese trading houses are benefiting from price hikes for coal produced in mines like this one in Australia.

TOKYO -- Japan's seven major trading houses have reported their half-year results through September.

Overall, the outcomes -- all announced by Monday -- were encouraging, thanks mainly to a recovery in resource prices. More than half the companies raised their full-year forecasts, with some even deciding to increase shareholder dividends.  

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