Toyota Supplier Considers Japan Expansion as Yen Weakens
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Denso Corp. is giving Japanese Prime Minister Shinzo Abe a reason to believe his weak yen policy will eventually boost investment by manufacturers.
The partsmaker, Toyota Motor Corp.’s biggest supplier, said it’s considering expanding production in Japan. “It’s possible to maintain a certain level of domestic production, or even increase the output,” Nobuaki Katoh, Denso president, said in an Oct. 3 interview.