By  on January 28, 2011

TOKYO – Consumer goods company Kao Corp.’s net profits for the nine months ended Dec. 31 grew 14.7 percent to 51.21 billion yen, or $628.4 million, due to deferred income taxes, cost reduction activities and more efficient use of advertising expenses.

Operating income increased 18.2 percent to 100.23 billion yen, or $1.23 billion.

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