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Kasai Kogyo Rises Most in 5 Months on Report of China Venture

July 9 (Bloomberg) -- Kasai Kogyo Co. rose the most in five months in Tokyo trading after Nikkei English News reported the Japanese company will form a venture in China to produce car-interior materials.

Kasai Kogyo gained 6.2 percent to 308 yen as of 9:13 a.m. on the Tokyo Stock Exchange, headed for the biggest advance since Feb. 10. The benchmark Topix index added 0.1 percent.

Link to Company News:{7256 JP <Equity> CN <GO>}

To contact the editor responsible for this story: Kyung Bok Cho at

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