Toyota supplier Denso targets 11% or more return on equity by 2030

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TOKYO, March 31 : Japanese auto parts maker Denso said on Tuesday it will aim for 8 trillion yen ($50 billion) or more in sales by 2030 and a return on equity of 11 per cent or more by that year.

The Toyota supplier said it will target 6.6 trillion yen in business investment over the five years to 2030 and aim for an operating profit margin of 10 per cent or more by that year.

($1 = 159.6200 yen)

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