Retail in Asia

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Japan automakers on a roll

A year after Japan’s auto industry was hobbled by production disruptions from natural disasters, unfavorable exchange rates and a weak lineup, the country’s three big auto makers are poised to sprint ahead in fiscal 2012.

When Toyota Motor Corp., Nissan Motor Co. and Honda Motor Co. report earnings for the fiscal year ended 31 March, results are likely to illustrate the full impact of the damage sustained in 2011 after a massive earthquake struck Japan last spring and fall flooding hit factories in Thailand.

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(Source: The Wall Street Journal Online)