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Major Japanese firms to log record profits for 4th straight year on rate hikes

Summary by Japan Today
Major Japanese firms are expected to book a record combined net profit for the fourth straight year in fiscal 2024, with the Bank of Japan's recent rate hikes boosting earnings in the financial sector, according to a tally by a securities company. The total net profit is expected to reach…

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Japan Today broke the news in Sakado, Japan on Tuesday, February 18, 2025.
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