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Smooth Distribution in 05

by Darren Pierce : Radar, Radar! : 03.10.05 8:51am EST

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Takara announced today it has put into operation its new distribution center in China, allowing the toymaker to see an immediate 10% drop in distribution expenses. As the cost of the facilities transfer is paid out over the year, the gains are projected to raise to 20%. These cost savings directly impact Takara's bottom line, and the stock was up on the news.