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Suzuki income to fall as India sales slump (The Japan Times) |
Suzuki Motor Corp., Japan’s second-largest minicar maker, cut its full-year profit forecast Friday due to slowing sales in India, a strong yen and higher materials costs. Net income will fall 25 percent to ¥60 billion in the year ending in March from ¥80.3 billion a year earlier, the Hamamatsu, Shizuoka Prefecture-based company said in a statement Friday. The company previously forecast profit …
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