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Business

Over 200 startups worth over 1 trillion yen

TOKYO -- The University of Tokyo, also known as Todai, is now proud parent to more than 200 startups born from university patents and personnel. Those startups have a combined value exceeding 1 trillion yen ($8.07 billion), and in fiscal 2013 they garnered the university record-high revenues exceeding 610 million yen through avenues such as patent royalties and listings on stock markets.

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