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Sumitomo: FY2003 Sales to Fall Short of Forecast, but Profits Go as Expected

March 15, 2004
Yasuo Okamoto, president of Sumitomo Pharmaceuticals, announced at a press conference on February 25 that the company expects to report sales of \137 billion for FY2003, \3 billion short of its initial forecast. Net profits will be in line with…

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