Increased Competition Hurts Yahoo Japan

It's still the favorite Japanese Web portal, but Google and others are closing in. Ad growth is slowing, and the stock is down

While Yahoo! (YHOO) was fending off an unsolicited buyout bid from Microsoft (MSFT) earlier this year, the fate of the Web portal's Japan unit looked uncertain. Would Yahoo unload its 33% stake in Yahoo Japan (4689.T) to appease unhappy shareholders who were demanding that the company raise its value?

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