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Japan-Update

Regional revamp likely lifted Matsumotokiyoshi profit

Reorganization seen leading to record operating income

TOKYO -- Drugstore chain operator Matsumotokiyoshi Holdings is expected to report an operating profit of around 21 billion yen ($188 million) for the April-December term, narrowly beating out the year-earlier 20.7 billion yen.

The figure would mark a second straight all-time high for the nine-month period.

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