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Japan's convenience chains see ray of hope despite COVID

Companies adapt to changes in consumer behavior brought on by pandemic

Seven and i Holdings on Thursday revised its estimate for 2020 full-year earnings upward to 138.5 billion yen, from its prediction of 120 billion yen in July. (Photo by Keiichiro Sato)

TOKYO -- Japanese retailers are seeing a rebound in business as the government tries to balance keeping coronavirus under control with stoking the economy. 

"We believe that the impact of the new coronavirus has subsided... We want to move ahead with our efforts at an even faster speed," Takashi Sawada, president of convenience store operator Family Mart told reporters in a teleconference on Wednesday.

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