Toyota Suppliers Look to Pass on Tariff Costs With Price Hikes
Denso Corp. saw a ¥12.5 billion ($84 million) hit to operating profit in the quarter ended June 30 due to tariffs, it said Thursday. The vehicle parts supplier estimates the impact for the full fiscal year ending in March 2026 may land closer to ¥130 billion, though it expects to be able to fully mitigate that through measures including price adjustments and it will benefit from a lower-than-expected duty.
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