DENSO, a leading mobility supplier, announced global financial results for the first quarter, ending June 30, 2026, of its fiscal year, ending March 31, 2027:
Consolidated operating profit totaled 84.2 billion yen (US$0.5 billion), a 21.5 percent decrease from the previous year.
Consolidated profit attributable to owners of the parent company totaled 67.9 billion yen (US$0.4 billion), a 14.4 percent decrease from the previous year.
“Revenue in the first quarter increased compared to the previous year, driven by higher vehicle sales and increased demand in the electrification and intelligence fields. However, despite positive effects of the weakening Japanese yen, operating profit decreased compared to the same period last year, due to rising parts and material costs and our continued focus on strengthening investments for future growth.” said Seiji Maeda, CFO and Executive Officer. “In this fiscal year, we forecast 7,750.0 billion yen (US$47.8 billion) in revenue and 500.0 billion yen (US$3.1 billion) in operating profit. Our revenue forecast is based on first quarter production volumes and foreign exchange rates, and our operating profit forecast remains unchanged as we offset the impact of rising parts and material costs through foreign exchange gains and business improvements.”
In Japan, revenue increased to 1,110.0 billion yen (US$6.8 billion), up 9.5% from the previous year, and operating profit decreased to 7.6 billion yen (US$46.6 million), down 43.3% from the previous year.
In North America, revenue increased to 538.1 billion yen (US$3.3 billion), up 13.7% from the previous year, and operating profit increased to 25.3 billion yen (US$156.0 million), up 12.1% from the previous year.
In Europe, revenue increased to 198.8 billion yen (US$1.2 billion), up 6.3% from the previous year, and operating profit decreased to -8.6 billion yen (US$-53.1 million), operating loss from the previous year was –13.8 billion yen.
In Asia, revenue increased to 489.2 billion yen (US$3.0 billion), up 6.6% from the previous year and operating profit decreased to 41.8 billion yen (US$257.9 million), down 12.2％ from the previous year.
In other areas, revenue increased to 37.0 billion yen (US$0.2 billion), up 23.0% from the previous year, and operating profit increased to 7.3 billion yen (US$44.7 million), up 31.6%
(Notes)
The above forecasts are created based on information obtained by the date of this announcement, and the actual results may differ due to various causes in the future. U.S. dollar amounts have been translated, for convenience only, at the rate of US$=162.2 yen, the approximate exchange rate prevailing in the Tokyo Foreign Exchange Market on June 30, 2026. Like in the U.S. billion is used in the sense of one thousand million. Foreign exchange rates of the Forecast for Fiscal Year Ending March 31, 2027, as a precondition are US$=154.6-yen, Euro=181.3 yen, CNY=22.4 yen.
