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Yahoo Japan expects 5.7% profit decrease in 2nd half
Yahoo Japan Corp. announced its group operating profit for the October-March period is expected to fall 5.7 percent from a year before, the first decline for the company's fiscal second half since its establishment in 1996.
Operating profit is projected at ¥95.15 billion, the company said Friday.
The decrease reflects the company's decision to make its Yahoo! Shopping website free of store tenant fees starting this month.