Yoshimi Ito, chairman of Japanese supermarket chain Valor Co, said yesterday [Tuesday] that the company aims to be listed on the first section of the Tokyo Stock Exchange (TSE) by September 2003.

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For the fiscal year 2000/2001, ended 31 March, Valor posted a consolidated operating profit of ¥120.2bn (US$922.6m). For this year, the company anticipates a consolidated operating profit of ¥138bn.

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