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Japan-Update

Machinery maker Tsugami appears on track to double profit

Brisk sales to China's auto sector likely to lift fiscal 2017 result above estimates

Tsugami expctes strong demand to continue after the Lunar New Year.

TOKYO -- Tsugami's operating profit is expected to surge 110% to about 6.6 billion yen ($61.7 million) for the year ending in March, buoyed by robust demand from automotive manufacturers in China.

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