TOKYO – One year after the meltdown of the world’s financial markets, analysts believe the worst is over for Japanese automotive suppliers, and many – at least the larger ones – are back to making profits, albeit smaller than before. Hardest hit were those with exposure to the North American market, including industry giants such as Denso Corp., Aisin Seiki Co. Ltd. and Calsonic Kansei Corp., all of which ran up record deficits in fiscal 2008. Denso, with more than two dozen U.S. and ...
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