111.   The trend was backed by a mild recovery in earnings, the business daily said.

112.   Under the plan, the government will urge banks to introduce strict assessment rules on loans to their indebted large corporate borrowers, the business daily said.

113.   Vehicles produced there would be marketed in China and exported to Japan and other countries, the business daily said.

114.   Japanese cars manufactured overseas, most of which have not had a model changeover for some time, are losing competitiveness, the business daily said.

115.   It would be the first merger between major Japanese telecommunications carriers, the leading business daily said.

116.   It would mark the fourth straight year of increased annual earnings, the leading business daily said.

117.   Local businesses said they were confident of capturing at least three percent of the global IT market.

118.   Mazda will develop engines for small sized cars and Ford will handle all other engine types, to achieve cost reductions, the major business daily said.

119.   Mitsui, a major trading house, holds nine percent of the venture, the major business daily said.

120.   NEC, a major electronics manufacturer, has purchased a stake representing several percent in BAW, the major business daily said.