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Japan-Update

Japan's Aeon seen ringing up record first-half profit

Price cuts, stores tailored for locals drive traffic

TOKYO -- Aeon's operating profit likely jumped 16% on the year to about 84 billion yen ($750 million) for the six months ended August, its first record high for the period in 11 years, as shoppers flocked to stores customized for their communities.

Operating revenue probably rose 1% to about 4.15 trillion yen at the Japanese retail giant.

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