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Business

Japan's baby goods giant Pigeon sees record profit for fifth year on overseas success

Pigeon's baby products are now sold across China.

TOKYO -- Pigeon, one of Japan's top makers of baby products, is expanding to the Middle East and Africa in addition to growing its existing markets in Western countries and Asia. 

     The company is expected to post a record group net profit for the fifth consecutive fiscal year, which ends next January. The focus now for investors is whether Pigeon can keep this up and if its ambitious overseas plans will succeed.

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