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February 24, 2003

Itochu to Move Into English Publishing

Itochu, one of Japan's largest trading companies, is to start publishing English versions of Japanese novels and comics. These include Koji Suzuki's novel "Ring" and "Buddha" by the late cartoonist Osamu Tezuka. The company plans to invest in Vertical Inc., a New York publisher and sell these books in both the US and internationally. Vertical holds the English translation and publishing rights for a dozen books by Suzuki and other popular writers such as Kenzo Kitakata and Taichi Yamada. It has a sales target of over 1 million copies of the titles. Itochu Japan Web site.

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