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10 Japan Stocks With Upside: Analysts

8. Kyocera (KYO) deals with products in the information & communications market, and environment and energy market worldwide.

The company's performance in the digital consumer equipment segment is impressive, given the buzzing demand for mobile phone handsets, including smartphones, certain types of notebook personal computers, and flat panel TVs.

However, currency movement in the recent nine months has derailed business performance as the Yen has appreciated against the USD and the Euro by 7% and 15%, respectively.

Nonetheless, the company's efforts to downgrade costs and improve productivity in each business segment fortified profitability. Net income more than doubled in the first nine months of fiscal 2010 compared to the same period in the last fiscal. The stock holds an upside potential of 35% as per analysts.

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