• Kyodo

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Subaru Corp. on Monday revised downward its full-year group earnings forecast for the business year through next March as the carmaker moves to grapple with its decades-old faulty product inspections.

For fiscal 2017, Subaru now expects its group operating profit to stand at ¥380 billion ($3.3 billion), compared with ¥410 billion projected in August, because it estimates the costs of rectifying the inspection issue at ¥10 billion.

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