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DENSO, 14% Decrease in Net Income for The Current Fiscal Year, Increased Previous Year's Dividend by 3 Yen, This Fiscal Year to Increase Dividend by 7 Yen

Tue Apr 28, 2026 11:10 am JST Earnings

6902 DENSO CORPORATION 【IFRS】

Earnings Report

DENSO CORPORATION <6902> [TSE Prime] announced its financial results (based on IFRS) in the morning on April 28th (11:10). The consolidated net income for the fiscal year ended March 2026 increased by 5.9% from the previous period to 443 billion yen. However, for the fiscal year ending March 2027, the consolidated net income is expected to decrease by 13.9% from the previous period to 382 billion yen.

At the same time, the company increased the annual dividend for the previous term from 64 yen to 67 yen (compared to 64 yen in the prior term), and has decided to increase the dividend this fiscal year to 74 yen, an increase of 7 yen from the previous fiscal year.

In the most recent three-month period, from January to March (4Q), the consolidated net income increased 60.0% from the same period last year, reaching 170 billion yen. The operating profit margin improved from 6.3% in the same period last year to 8.6%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 7,144,733 380,599 436,237 312,791 105.0 55 Apr 26, 2024 IFRS
Mar, 2025 7,161,777 518,953 578,005 419,081 145.0 64 Apr 25, 2025 IFRS
Mar, 2026 7,539,975 552,538 617,291 443,755 163.0 67 Apr 28, 2026 IFRS
YoY +5.3% +6.5% +6.8% +5.9% +12.4%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Guidance 7,420,000 535,000 604,000 420,000 156.0 64 Feb 3, 2026 IFRS
Mar, 2026 Results 7,539,975 552,538 617,291 443,755 163.0 67 Apr 28, 2026 IFRS
Revision Rate +1.6% +3.3% +2.2% +5.7% +4.4%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 3,590,467 211,417 244,442 131,357 47.7 32 Oct 31, 2025 IFRS
Apr - Sep, 2026 Guidance 37 Apr 28, 2026 IFRS
YoY

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 7,161,777 518,953 578,005 419,081 145.0 64 Apr 25, 2025 IFRS
Mar, 2026 7,539,975 552,538 617,291 443,755 163.0 67 Apr 28, 2026 IFRS
Mar, 2027 Guidance 7,670,000 500,000 553,000 382,000 141.9 74 Apr 28, 2026 IFRS
YoY +1.7% -9.5% -10.4% -13.9% -12.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2025 1,873,329 117,393 130,117 106,333 36.8 6.3 Apr 25, 2025 IFRS
Apr - Jun, 2025 1,754,137 107,205 140,227 79,268 28.5 6.1 Jul 31, 2025 IFRS
Jul - Sep, 2025 1,836,330 104,212 104,215 52,089 18.9 5.7 Oct 31, 2025 IFRS
Oct - Dec, 2025 1,905,061 164,462 193,341 142,317 52.1 8.6 Feb 3, 2026 IFRS
Jan - Mar, 2026 2,044,447 176,659 179,508 170,081 62.5 8.6 Apr 28, 2026 IFRS
YoY +9.1% +50.5% +38.0% +60.0% +69.7%

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