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Article: DENSO's Global Consolidated Net Sales Climb to US$11.0 Billion; A 7.2 Percent Increase from Same Period Last Fiscal Year.
- Article from:
- PR Newswire
- Article date:
- October 28, 2003
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TOKYO, Oct. 28 /PRNewswire/ -- DENSO Corporation today announced global financial results for the first half year ended September 30, 2003:
* Consolidated net sales totaled 1,226.3 billion yen (US$11.0 billion), a 7.2 percent increase from the same period last fiscal year.
* Consolidated net income totaled 52.9 billion yen (US$476.9 million), a 50.3 percent decrease from the same period last fiscal year due to extraordinary income. This was caused mainly by liquidation of the entrusted welfare pension benefits by the Government of Japan recorded in the previous period. Excluding the effect of this extraordinary income, the net income would be 52.0 ...