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Equities

Equity crowdfunding in Japan poised to grow fivefold this year

Small investors eager to fund promising startups despite risks

Crowdfunding is rapidly gaining as a way for Japanese startups to raise capital.   © Reuters

TOKYO -- Crowdfunding campaigns that offer stock in exchange for capital are set to swell this year in Japan as the prospect of high returns draws investors to a relatively new channel for fledgling companies.

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