Japan exporters to benefit from high euro-analysts

Newswire

TOKYO, May 30 (Reuters) - Major Japanese exporters including Mazda Motor Corp , Olympus Optical Co Ltd and Fanuc Ltd will likely benefit from the recent rise in the euro, several research analysts said on Friday. Yasuaki Iwamoto, an auto analyst at Okasan Securities, said the high euro would help Mazda, which generates 20 percent of its overseas sales in Europe, become more competitive. Among Japan's top automakers, Mazda has the biggest exposure to Europe, where its sales continue to ...

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