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Datawatch

The $100bn ceiling Japanese companies cannot shatter

Growth stalls as CEOs hesitate to cut off unprofitable units

Japan Inc. could learn a thing or two from the West about focusing on core competencies and divesting unprofitable businesses.

TOKYO -- At the end of 1989, with Japan's bubble economy blindly approaching the cliff's edge, Japanese companies made up about half the world's 100 most valuable corporations.

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