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Suntory takes No. 1 spot in Japan's food industry

TOKYO -- Suntory Holdings is now the largest food and beverage producer in Japan thanks to a jump in overseas sales, grabbing the title away from rival Kirin Holdings.

     Suntory said Monday that group sales rose 20% to 2.45 trillion yen ($20.4 billion) for the year ended Dec. 31. The figure exceeded Kirin's by 260 billion yen.

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