TOKYO (Reuters) – Japan’s Denso Corp, a leading supplier to Toyota Motor Corp, reported an 86.3% rise in fourth quarter operating profit on Thursday, slightly missing analysts’ estimates.
It posted 158.1 billion yen ($1.18 billion) in operating profit for the three months to end-March, versus an average 161.51 billion yen profit estimated by 10 analysts.
A year earlier, the company earned 84.9 billion yen in profit.
($1 = 133.5300 yen)
(Reporting by Daniel Leussink; Editing by Muralikumar Anantharaman)
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