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Japan manufacturers' profits rise 20% on strong U.S. showing

TOKYO -- Aggregate net profits for listed Japanese manufacturers grew more than 20% on the year for the April-to-December period, on price hikes and brisk auto and machinery sales powered by a solid U.S. economy.

Nikkei looked at 285 manufacturing companies listed on the Tokyo Stock Exchange's Prime market, have fiscal years that run through March, and announced results by Wednesday.

Read more on asia.nikkei.com