• Kyodo

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The combined net profit of companies listed on the Tokyo Stock Exchange’s first section dropped 43.6% in the April-September period from a year earlier, as airlines and railway operators took a hit from the coronavirus pandemic, security house data showed Monday.

While profits at online shopping operators and electronic components makers grew during the first half, 20.9% of surveyed companies incurred net losses, according to SMBC Nikko Securities Inc.’s data.

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