
NAGOYA -- Is a car worth more than the sum of its parts? This is a question posed by Japanese automotive supplier Denso's near dead heat in market capitalization with Honda Motor and Ford Motor.
Denso's market cap stood at 5.78 trillion yen ($52.59 billion) as of Thursday, roughly 70% higher than a year earlier. Honda's market cap was in the low 6 trillion yen range, while Ford's was at $55 billion.