Japan's Denso lifts H1 forecasts after strong Q1

Newswire

TOKYO, July 26 (Reuters) - Top Japanese auto parts maker Denso Corp. posted a 15 percent jump in quarterly profit as domestic carmakers boosted production overseas, and it lifted its half-year forecasts partly on the back of a weaker yen. Denso, the world's second-biggest auto parts supplier valued at $35 billion, had a net profit of 67.34 billion yen ($558.9 million) in April-June as revenue also grew 15 percent, to 984.28 billion yen ($8.17 billion). Operating profit jumped 13 percent ...

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