DENSO posts sales, income gains

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DENSO Corp.'s sales increased to $9 billion during its third quarter, ended Dec. 31, 2007.

That's a 10.9% increase over the same period during the previous year.

DENSO's third quarter operating income totaled $909.6 million, a 16.9% jump from the third quarter of 2006.

The auto parts manufacturer's consolidated net income totaled $644.3 million, a 19.5% increase.

"Sales growth was mainly due to the increase in domestic and overseas car production for Japanese auto manufacturers," says Koji Kobayashi, senior managing director for DENSO.

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