Word: chikuma
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...book not sold after three months is slashed to 100 yen (about 85?). Sellers of new books, along with publishers and wholesalers, are powerless to fight back. By law they can't cut their own prices to compete. "He completely got us," says Akiro Kikuchi, president of publishing company Chikuma Shobo. "You've got to hand it to him. He is one smart...