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Economy

Japanese midtier startups outpace blue-chips' growth

Resisting deflation and adapting to a changing market are keys to success

Developer Akatsuki's mobile games can remain popular for years on end.

TOKYO -- Midsize companies listed on five startup-focused Japanese exchanges enjoyed faster sales and profit growth than larger counterparts for the fiscal year ended in March, thanks to unique business models that can flourish in a deflation-prone economy, a Nikkei Inc. survey shows.

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