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Japan-Update

Nichirei's FY16 profit seen soaring 40% on frozen-food demand

Profit likely to set another record as solo eating increases in Japan

A beef and tofu product in Nichirei's Takumiokazu line of frozen foods.

TOKYO -- Nichirei's operating profit is expected to jump around 40% to about 30 billion yen ($271 million) in the current year ending Friday, thanks to brisk demand for prepared frozen foods for the home.

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