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Q3 closings of Japanese major industrial gas players

The third quarter financial results of Taiyo Nippon Sanso, Air Water, Iwatani were disclosed. The total amount of sales of these three producers came to 1181 billion yen, up by 3.5%, and ordinary profit came to 54 billion yen, down by 5.2%.

Amount of shipping of industrial gas had been on the way to recovery, but the increase in electric power fee, the appreciation of yen, and the flood in Thailand have affected profitability of these companies.

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