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OSAKA (Kyodo) Matsushita Electric Industrial Co. President Kunio Nakamura said Thursday that the Matsushita group will raise its targeted ratio of operating profit to sales to 5 percent under his leadership and achieve that goal.

“I will not resign until we achieve the target,” Nakamura said in an interview with Kyodo News. “As I set the target myself, I would be irresponsible to step down” before reaching that goal.

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