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Japan-Update

Japan's NTT on track to beating operating profit guidance

Cloud and mobile businesses seen outperforming

TOKYO -- Nippon Telegraph & Telephone appears poised to surpass its outlook for full-year operating profit by about 30 billion yen ($267 million), topping an already record-high forecast on the strength of its cloud and mobile services.

The Japanese telecommunications group has forecast 1.59 trillion yen in operating profit for the year ending in March, up 3% from the previous financial year.

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