Itochu Takes Over SunMed Japan Operations Amid Weak Yen

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Published: 6 hours ago

Itochu subsidiary acquires SunMed Group Holdings' Japan sales operations as the US medical equipment maker struggles with profitability due to weak yen and inflation pressures in Japan. This highlights ongoing yen weakness impact on foreign companies' Japanese operations. The deal reflects broader challenges US firms face in Japan, potentially signaling continued JPY vulnerability against USD.

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