Wednesday, July 25, 2007

UPDATE 1-Denso, other Toyota suppliers lift H1 forecasts

(Reuters) - TOKYO, July 26 - Top Japanese auto parts maker
Denso Corp. posted a 15 percent jump in quarterly profit
as top shareholder Toyota Motor Corp. and other domestic
carmakers boosted production overseas, and it lifted its
half-year forecasts partly on the back of a weaker yen.




Other core suppliers of the Toyota group including
Aisin Seiki Co. also raised their forecasts as Toyota
expands rapidly overseas, while a rise in dividends received also
helped at Japan's top maker of transmissions.


Read more at Reuters.com Market News

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