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NAGOYA (Kyodo) Denso Corp., Japan’s largest auto parts maker and an affiliate of Toyota Motor Corp., said Wednesday it is likely to post its first unconsolidated operating loss in nearly 60 years because of the plunge in global auto sales and the yen’s sharp appreciation.

The Aichi Prefecture-based company expects a parent-only operating loss of ¥49 billion for fiscal 2008 through March, reversing its earlier projected ¥36 billion profit. It reported a ¥153.58 billion unconsolidated operating profit the previous year.

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