UPDATE 1-Denso Q1 sinks, cuts forecasts as Toyota suffers


(Adds, analyst comment, share reaction, other Toyota groups) By Chang-Ran Kim, Asia Autos Correspondent TOKYO, July 30 (Reuters) - Denso Corp , the world's top auto parts supplier, reported on Wednesday a more than 20 percent fall in quarterly profits -- considerably worse than expectations -- and slashed its forecasts as big cuts in North American vehicle production take their toll. The news pushed the company's shares down 5.7 percent to 2,960 yen as of 0454 GMT, while Tokyo's ...

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