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DENSO CORPORATION shares fall to year-to-date low on lower profit forecast for fiscal year ending March 2027

Tue Apr 28, 2026 12:40 pm JST Catalyst

DENSO CORPORATION <6902> shares fell to a year-to-date low. On April 28, the company reported its results for the fiscal year ended March 2026 and issued guidance for the fiscal year ending March 2027. For the current fiscal year, Denso forecasts revenue of 7.67 trillion yen (up 1.7% year-on-year) and net profit of 382 billion yen (down 13.9%). The downbeat profit outlook weighed on the stock.

Profit headwinds include human capital investment, rising component and development costs, and geopolitical risks in the Middle East. Exchange rate assumptions are 153 yen to the U.S. dollar and 180 yen to the euro. Denso raised its previous year-end dividend to 35 yen (67 yen total) and set the current year’s annual forecast at 74 yen, up 7 yen. Separately, Denso announced a tender offer for its own shares, seeking to buy back 184,897,656 shares (6.87%) at 1,696 yen apiece from April 30 to June 1. Denso also withdrew its proposal to acquire shares of ROHM COMPANY LIMITED <6963>.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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