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Japan-Update

Carbon fiber seen lifting Toray's first-half profit to record

Production returns to full capacity as inventory glut subsides

Carbon fiber composite materials produced by Toray are used in aircraft such as the Boeing 787.

TOKYO -- Toray Industries is expected to report a record operating profit of about 78 billion yen ($692 million) for the six months ending Saturday, up 2% on the year, thanks to an uptick in demand for carbon fiber used in aircraft.

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