Denso in Japan lowers its full-year operating profit forecast by nearly one fifth

Glonghui, February 3rd｜Denso, a major auto parts supplier for Toyota Motor, has lowered its full-year operating profit forecast by nearly one-fifth, mainly due to the impact of U.S. import tariffs and rising raw material costs. Denso has revised its operating profit forecast for the fiscal year ending March 2026 down by 17.8%, from the previous estimate of 651 billion yen to 535 billion yen (approximately $3.44 billion).