- News Release
- IR
KARIYA (Japan) ―DENSO, a leading mobility supplier, today announced global financial results for the first half of its fiscal year, which ended on Sept. 30, 2026. DENSO's full fiscal year will end March 31, 2027.
Consolidated revenue totaled 3,843.5 billion yen (US$24.4 billion), a 7.0 percent increase from the previous year.
Consolidated operating profit totaled 170.1 billion yen (US$1.1 billion), a 19.5 percent decrease from the previous year.
Consolidated profit attributable to owners of the parent company totaled 119.8 billion yen (US$0.8 billion), an 8.8 percent decrease from the previous year.
"Revenue in the first half of our fiscal year increased compared to the same period last year, driven largely by higher vehicle sales and increased demand for products in electrification and intelligence fields. However, despite positive effects from our team's business improvements, foreign exchange gains and high production volumes, operating profit decreased compared to the previous year. This was due primarily to rising parts and material costs and our continued focus on investing for future growth and one-time costs." said Seiji Maeda, CFO and Executive Officer. "This fiscal year, we forecast 7,750.0 billion yen (US$49.3 billion) in revenue and 500.0 billion yen (US$3.2 billion) in operating profit. Our revenue and operating profit forecast remain unchanged as we offset the impact of rising parts and material costs and so on through foreign exchange gains and business improvements compared to the previous forecast. The annual dividends for the end of the fiscal year will be 74 yen, unchanged from the previous announcement. We will continue to improve DOE levels over the long term and in a stable manner. Furthermore, we decided to repurchase treasury stock up to 200.0 billion yen (US$1.3 billion) or 100.0 million shares, whichever is lesser, in the board of directors meeting to enhance shareholder returns and improve capital efficiency."
In Japan, revenue increased to 2,300.9 billion yen (US$14.6 billion), up 9.6% from the previous year, and operating profit increased to 49.0 billion yen (US$311.6 million), up 55.3% from the previous year.
In North America, revenue increased to 1033.6 billion yen (US$6.6 billion), up 6.2% from the previous year, and operating profit decreased to 39.5 billion yen (US$250.8 million), down 30.7% from the previous year.
In Europe, revenue increased to 371.5 billion yen (US$2.4 billion), up 2.3% from the previous year, and operating profit decreased to -1.4 billion yen (US$-9.1 million), from 8.6 billion yen in the previous year.
In Asia, revenue increased to 990.7 billion yen (US$6.3 billion), up 4.1％ from the previous year and operating profit decreased to 69.1 billion yen (US$439.0 million), down 28.0％ from the previous year.
In other areas, revenue increased to 70.9 billion yen (US$0.5 billion), up 14.4% from the previous year, and operating profit increased to 13.1 billion yen (US$83.3 million), up 12.9% from the previous year.
| Full-Year Forecast |
Changes from Previous Forecast |
Changes from Previous FY | |
| Revenue |
7,750.0 billion yen [US$49.3 billion] |
±0 (±0%) |
+210.0 billion yen (+2.8%) |
| Operating profit |
500.0 billion yen [US$3.2 billion] | ±0 |
-52.5 billion yen (-9.5%) |
| Profit before profit taxes |
553.0 billion yen [US$3.5 billion] | ±0 |
-64.3 billion yen (-10.4%) |
| Profit attributable to owners of the parent company |
382.0 billion yen [US$2.4 billion] | ±0 |
-61.8 billion yen (-13.9%) |
| ROE | 7.2% | - | -1.3%pt |
(Notes)
The above forecasts are created based on information obtained by the date of this announcement, and the actual results may differ due to various causes in the future. U.S. dollar amounts have been translated, for convenience only, at the rate of US$=157.4 yen, the approximate exchange rate prevailing in the Tokyo Foreign Exchange Market on September 30, 2026. Like in the U.S. billion is used in the sense of one thousand million. Foreign exchange rates of the Forecast for Fiscal Year Ending March 31, 2027, as a precondition are US$=156.2 yen, Euro=182.2 yen, CNY=23.3 yen.
About DENSO CORPORATION
Globally headquartered in Kariya, Japan, DENSO is a 7,540.0 billion yen leading mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in around 170 facilities worldwide to provide opportunities for rewarding careers and to produce cutting-edge electrification, powertrain, thermal and mobility electronics products, among others, that change how the world moves. In developing such solutions, the company's 155,000 global employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. DENSO spent around 9.2 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2026. For more information about DENSO's operations worldwide, visit https://www.denso.com/global.