Hikari Tsushin Inc. said Monday it expects a consolidated net loss of 4.4 billion yen for the year to March 31, well up from an earlier projected loss of 400 million yen.

The subscription agent for data-communications services cut its group pretax profit forecast for the year to 3.3 billion yen from 4.5 billion yen on revenues of 120 billion yen, unchanged from its last projection in November.

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