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Business trends

How Japan Inc. sparked a 17-year earnings surge

Global strategies and new business models sent profit soaring 40%

TOKYO -- Japan's listed companies saw their aggregate sales surge 20% from fiscal 2000 to 2016, while their net profit soared by nearly 40%. A look at some of the best performers suggests the growth can be chalked up to two key factors: globalization efforts and new business models.

Toyota Motor topped the ranking of companies that achieved significant sales increases over the 17-year period -- a ranking, it should be noted, that excludes financial institutions and Japan Post Holdings.

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