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Restaurant giants eyeing more palatable Asian earnings

Zensho Holdings' Sukiya restaurant chain is seeing improved earnings in China.

TOKYO -- Major Japanese restaurant chain operators are starting to see earnings pick up elsewhere in Asia, with a combination of improved efficiency and the growing popularity of Japanese food lifting profits.

     Zensho Holdings expects to see its Chinese business turn an operating profit for the year ending in March, the first since it set up a presence there in 2008 and a turnaround from an estimated operating loss of between 200 million yen and 300 million yen ($1.61 million and $2.42 million) in fiscal 2014. Sales are projected to roughly double year over year to nearly 7 billion yen.

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