DENSO CORPORATION

6902・Prime Market・Transportation Equipment

Official website

DENSO CORPORATION

6902・Prime Market・Transportation Equipment

Official website

DENSO CORPORATION6902

Reference Indicators

Market Cap

58,016¥100M

P/E (Forecast)

13.6x

P/B

1.0x

Dividend Yield (Forecast)

3.71%

ROE

8.1%

EV/EBITDA

5.2x

Financial Summary

Unit: ¥M

Item	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Net Sales	5,515,512	6,401,320	7,144,733	7,161,777	7,539,975
Cost of Sales	4,714,024	5,490,176	6,054,780	6,058,910	6,370,364
Gross Profit	801,488	911,144	1,089,953	1,102,867	1,169,611
SG&A Expenses	460,449	490,454	715,164	604,673	598,610
Operating Income	341,179	426,099	380,599	518,953	552,538
Pre-tax Income	384,808	456,870	436,237	578,005	617,291
Income Taxes	96,054	109,009	80,664	112,748	129,779
Net Income	263,901	314,633	312,791	419,081	443,755
EBITDA	687,705	790,734	754,868	895,546	930,612
Gross Margin	14.5%	14.2%	15.3%	15.4%	15.5%
Operating Margin	6.2%	6.7%	5.3%	7.2%	7.3%
ROA	3.6%	4.2%	3.4%	5.2%	5.1%
ROE	6.1%	7.2%	5.7%	8.4%	8.1%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
日本	3,087,881	185,913	6.0%
北米	2,012,358	132,314	6.6%
欧州	691,545	27,801	4.0%
アジア	1,622,176	178,843	11.0%
その他	126,015	24,865	19.7%