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Major Japanese manufacturers’ sentiment improves for 5th straight quarter

TOKYO, Oct. 1 (Xinhua) — Although component shortages were yet to be solved, business confidence among major Japanese manufacturers improved in September for a fifth straight quarter as the economy resumed from the COVID-19 downturn, local media citing the Bank of Japan (BOJ) reported Friday.

The key index measuring confidence among companies such as automobile and electronics makers in September rose to 18, th