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Corporate Japan now sees net profit surging 13% this fiscal year

A fifth of companies to top records despite strong yen, China risks

TOKYO -- Listed enterprises in Japan expect total net profit to jump 13.6% in the fiscal year ending March 2018, up 3 percentage points from the growth expected at the start of the term, with automakers upgrading projections on strong performance in Asia and Europe.

Nikkei Inc. compiled full-year forecasts by 1,549 businesses that close their books in March and had announced April-June results as of Thursday. These amount to 98% of such companies, or 99% by market capitalization. 

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