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Price Hikes, Weaker Yen Boost Japanese Manufacturers' Earnings

Price Hikes, Weaker Yen Boost Japanese Manufacturers' Earnings

   Tokyo, May 10 (Jiji Press)--Japanese manufacturers reported robust earnings for the year ended last March thanks to increases in product prices and a weaker yen.
   Nearly 70 pct of 487 component companies of the TOPIX Japanese stock index that have announced their earnings results logged higher net profits from the previous year, according to SMBC Nikko Securities Inc.

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AFP-JIJI PRESS NEWS JOURNAL


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