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Companies

Chinese mystery investor lights fire under Japan's Zojirushi

Shares rise after microwave maker Galanz lifts veil on ownership

Shoppers in Osaka taste of rice bread made with a Zojirushi machine. The appliance company has struggled to grow profits in recent years. (Photo by Atsushi Ohoka)
KANA WATANABE, Nikkei staff writer | Japan

OSAKA -- Shares in Japanese appliance maker Zojirushi have heated up, but not on hopes for rising sales to tourists during the upcoming Lunar New Year holiday.

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