Toyota supplier Denso posts 11% fall in first-quarter profit

DENSO

31/07/2025 03:28

TOKYO, July 31 (Reuters) - Japan's Denso 6902.T, a leading auto parts supplier to Toyota 7203.T, posted an 11% decline in first-quarter operating profit on Friday, hit by U.S. import tariffs and a stronger yen.

Operating profit for the three months to the end of June totalled 107.2 billion yen ($719.85 million), versus 130.0 billion yen in an average of estimates by seven analysts surveyed by LSEG.

A year earlier, the company had posted an operating profit of 120.6 billion yen. Denso maintained its 675-billion-yen operating profit forecast for the fiscal year ending March 2026.

($1 = 148.9200 yen)

 (Reporting by Daniel Leussink; Editing by Christian Schmollinger)

 ((daniel.leussink@thomsonreuters.com; Twitter: @danielleussink;))