Denso Corporation booked fiscal year net profit of net income up 94.8% to JPY143.0bn on sales up 5.2% to JPY3,131.5bn (US$37.7bn) while operating profit rose 37.8% to JPY188.3bn (US$2.3bn).
“Despite the affect of the Great East Japan Earthquake, both sales and income increased from the previous year due to the steady increase in car production mainly in North America and Asia,” said president and CEO Nobuaki Katoh.
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“Since the affects of the [earthquake] to our company still remain unclear, the full-year forecast for the fiscal year ending 31 March, 2012, is undecided. We will announce the forecast as soon as we assess the impact,” added Katoh. “For the time being, the recovery from the earthquake will be our top priority.”
