The file in question contains an embedded font that contains default widths (1000) for the embedded type 1 one font. Normally we compare this width against the width assigned via the fonts fontDescriptor width values to derive a horizontal scale factor. The Problem in this case is that we end up scale value that shrinks each glyph.
In PDF 1000 is the default width if not specified and in this case if we ignore it the font renders correctly. A pass through QA yields no side effects so one has to wonder if this is just a one off file.
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