• Kyodo News


JTB Corp., Japan’s largest travel agency, plans to close hundreds of domestic outlets amid a global economic slump and an increasing shift in demand for Internet-based sales, company officials said Thursday.

The company, which marked its first group net loss in four years for the year that ended in March, may close up to 200, or about 20 percent, of its existing 940 or so agencies, including those run by group companies, the officials said.

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