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Business trends

Japan's retailers boosted by e-commerce and overseas expansion

Majority of biggest companies expect record profits in fiscal 2018

Overseas profit from Fast Retailing's Uniqlo operations shot up more than 60% in the first fiscal half. (Photo by Wataru Ito)

TOKYO -- Earnings growth in the Japanese retail sector is accelerating once again as companies expand beyond their traditional turf by boosting their presence abroad and in cyberspace.

Fourteen of the 20 top publicly traded retailers by market capitalization foresee record net profits in fiscal 2018.

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