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Denso28 AprBusinessHigh confidence

DENSO Reports 5.3% Revenue Growth in Fiscal 2026; Forecasts Lower Profit for 2027

Revenue

7,540.0 billion yen (US$47.2 billion)

Operating profit

552.5 billion yen (US$3.5 billion)

Profit attributable to owners

443.8 billion yen (US$2.8 billion)

What Happened

DENSO reported consolidated revenue of 7,540.0 billion yen for fiscal 2026, a 5.3% increase year-over-year. Operating profit rose 6.5% to 552.5 billion yen, while profit attributable to owners increased 5.9% to 443.8 billion yen. The company attributed the growth to higher vehicle sales and cost recovery from product program changes.

Revenue increased compared to the previous year, driven by higher vehicle sales, and cost recovery from changes to certain product programs. Although our profitability was affected by various factors – including tariff-related costs, higher parts and material prices, and increased investment in our workforce – our team’s ongoing business improvements and higher production volumes enabled us to ach
Yasushi Matsui, CFO and Executive Vice President of DENSO
Revenue and Operating Profit by Region (Year-over-Year Change)
Japan
Revenue +4.5%, Operating Profit -15.7%
North America
Revenue +8.7%, Operating Profit +34.9%
Asia
Revenue +1.9%, Operating Profit +5.5%
Annual Dividend per Share (Fiscal 2026)

67 yenyen

Increased by 3 yen from the previous announcement

Why this matters

The results show how a major automotive supplier is navigating tariff costs and investment pressures, and its cautious outlook signals uncertainty in the global auto market.

Terms in This Story

ROE
Return on equity – a measure of a company's profitability relative to shareholders' equity.
DOE
Dividend on equity – a financial ratio that measures dividends paid out relative to shareholders' equity, commonly used by Japanese firms to indicate dividend policy.
Read Original: Denso