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Half year profits hit at Nichii Group

Nichii Gakkan has released its second quarter results, showing that the Tokyo-based company has recorded sales of ¥142,596m, up just under 1%. The company, however, reported profits of ¥251m down 72% 

Akihiko Terada, chairman, president & CEO of Nichii Group, said for its next full year the company is forecasting sales of ¥314,500m and a profit of ¥6,300m.

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