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One-fourth of Japan Inc. logs record profit for fiscal 2015

Foreign tourists in Japan gave a major boost to corporate earnings.

TOKYO -- One-quarter of listed Japanese companies have reported record pretax profit for the year ended in March as inbound tourism and low resource prices buoyed corporate earnings.

This record profit was achieved by 26% of companies that reported results by Monday, data compiled by The Nikkei shows. Pretax earnings improved at 61% of all companies covered.

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