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Japan-Update

Trading house Itochu eyes another record profit, CFO says

Japanese group looks to raise dividend in fiscal 2018 but is wary of pricey acquisitions

Itochu plans to target record profit in fiscal 2018, anticipating strong food operations.

TOKYO -- Itochu will aim to beat the record annual profit it has forecast for fiscal 2017 in the coming year and is ready to boost its dividend, the Japanese trading house's chief financial officer told Nikkei.

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