Citicorp earned $74 million in Japan in the year ended March 31, 76% more than in the previous year.

The bank's assets in Japan rose 71%, to $30 billion, and deposits 52%, to $9.7 billion.

A spokesman for Citicorp attributed the strong improvement to better earnings from consumer banking as well as a change in reporting procedures to include trading assets. Citicorp officials earlier this year disclosed that the bank has benefited from an increase in business and deposits after mounting concerns about capital shortages at Japanese banks.

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