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Denso1 AprBusinessHigh confidence

DENSO Unveils CORE 2030 Mid-Term Plan, Targets Over 8 Trillion Yen Sales

Sales target

over 8 trillion yen by 2030

Operating margin target

over 10% by 2030

R&D investment

3.7 trillion yen over 5 years

What Happened

DENSO announced its CORE 2030 mid-term management plan at the DENSO DIALOG DAY 2026 briefing on March 31, 2026. The plan focuses on strengthening product development, innovating manufacturing with AI, and developing people through co-creation. Key financial targets include sales revenue of over 8 trillion yen, an operating margin over 10%, and ROE over 11% by 2030.

2030 financial targets

Sales over 8 trillion yen, operating margin over 10%, ROE over 11%

The plan aims to achieve these goals through investments in R&D and capital expenditure.

We have achieved sales growth exceeding that of the vehicle market, with revenue expanding from 4.9 trillion yen in FY2021 to 7.4 trillion yen in FY2026, operating margin reaching 7.2%, and ROE reaching 8.1%.
Shinnosuke Hayashi, President & CEO of DENSO
Three growth strategies
  • Strengthening product development through 'Deepen' (fundamental tech) and 'Evolve' (system integration)
  • Innovating manufacturing by combining frontline know-how with AI
  • Developing people and co-creating with partners in mobility and new business domains

Why this matters

The plan details how DENSO will invest in electrification, intelligence, and new businesses to adapt to changing mobility demands and improve profitability.

Terms in This Story

ROE
Return on Equity, a measure of profitability relative to shareholders' equity.
Operating margin
Operating income divided by revenue, indicating profitability from core operations.
SDV
Software-Defined Vehicle, where vehicle features are primarily enabled through software.
ADAS
Advanced Driver-Assistance Systems, technologies that assist drivers in safe driving.
Read Original: Denso