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Japan Air System Co. on Thursday lowered profit projections for its current business year in the wake of the terrorist attacks on the United States, but also reported its highest-ever interim operating profits due to restructuring efforts.

JAS revised downward its projection of group pretax profits from 10 billion yen to 5.7 billion yen and net profits from 3 billion yen to 700 million yen for its current business year to March 31.

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