Fuji Heavy FY op profit up 39 pct, rescued by yen

Newswire

TOKYO, May 9 (Reuters) - Fuji Heavy Industries Ltd. , the maker of Subaru cars, posted a 38.8 percent rise in annual operating profit on Tuesday thanks to a weaker yen, but forecast it to fall this year.

The Japanese firm, best known for its flat-four engines, is aiming to redefine itself as a premium car maker with upmarket models such as the B9 Tribeca SUV, but has failed to inspire sufficient sales, ...

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