Thursday, July 5, 2007

Japanese Retailer Shares May Decline on Concern Consumption Tax May Rise

(Bloomberg) -- Japanese retailer shares may slip,
leading declines by domestic demand-related companies, after a
report that Prime Minister Shinzo Abe implied the government may
raise consumption tax.

Yamada Denki Co., the nation's biggest electronics retailer,
and Takashimaya Co., the No. 1 department store operator, may
pace losses.


Read more at Bloomberg Stocks News

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