Japan’s Nikkei gives up gains as Denso outlook sours sentiment
Shares of Denso, a major supplier to Toyota Motor Corp, slipped 5.2% after the company lowered its operating profit forecast for the current business year by 14%.Toyota edged up 0.56% but rival Honda Motor fell 1.43%. Hino Motors lost 6.53% and Mitsubishi Motors dropped 5.74%.NEC fell 7.47% to become the worst performer on the Nikkei after the computer maker posted a quarterly loss.
