TOKYO, Sept 26 (Reuters) - Denso Corp , the world's largest listed auto parts supplier, on Friday cut its first half net profit forecast by a fifth due to losses on the sale of bonds issued by U.S. financial institutions. Denso, a core supplier of the Toyota Motor Corp group, kept its operating profit and sales forecasts unchanged. The company, a top maker of electronics and other auto parts rivalling Germany's unlisted Robert Bosch [ROBG.UL], said it would book a special loss of 20.6 ...
Premium Content (PAID Subscription Required)
"Denso cuts H1 profit forecast on U.S. bond losses" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.