Aisan Industry, Toyota Affiliate, Cuts Forecast to Break Even

Aisan Industry Co., 32.62 percent owned by Toyota Motor Corp., cut its full-year profit forecast after booking a 5.4 billion yen ($66 million) charge related to its products.

The Japanese auto-parts maker expects to break even for the year ending March 31, compared with a previous net income projection of 3.4 billion yen, according to a statement to the Tokyo Stock Exchange today.

To contact the reporter on this story: Go Onomitsu in Tokyo at gonomitsu@bloomberg.net

To contact the editor responsible for this story: Kyung Bok Cho at kcho7@bloomberg.net

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