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Japan-Update

Japan Inc. standouts beat full-year profit forecast early

Some expect further growth, but many play it safe on upgrading outlook

TOKYO -- One in six Japanese companies matched or exceeded full-year net profit projections in the April-December period alone, shows a Nikkei survey, with such industries as video games and chemicals seeing standout successes from capturing domestic demand and shipping hit products.

Some are expected to extend their gains, but many are playing it safe, holding off on upgrading forecasts amid economic uncertainty.

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