DENSO Corporation

TSE:6902 Stock Report

Market Cap: JP¥5.0t

DENSO Future Growth

Future criteria checks 1/6

DENSO is forecast to grow earnings and revenue by 6.6% and 2.7% per annum respectively. EPS is expected to grow by 8.6% per annum. Return on equity is forecast to be 9.3% in 3 years.

Key information

6.6%

Earnings growth rate

8.63%

EPS growth rate

Auto Components earnings growth10.1%
Revenue growth rate2.7%
Future return on equity9.27%
Analyst coverage

Good

Last updated29 May 2026

Recent future growth updates

Analysis Article • Feb 05

DENSO Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

DENSO Corporation ( TSE:6902 ) just released its quarterly report and things are looking bullish. DENSO beat earnings...
Analysis Article • Nov 04

Earnings Miss: DENSO Corporation Missed EPS By 42% And Analysts Are Revising Their Forecasts

DENSO Corporation ( TSE:6902 ) shareholders are probably feeling a little disappointed, since its shares fell 7.2% to...
Analysis Article • Aug 03

Earnings Miss: DENSO Corporation Missed EPS By 9.0% And Analysts Are Revising Their Forecasts

The first-quarter results for DENSO Corporation ( TSE:6902 ) were released last week, making it a good time to revisit...

Recent updates

Analysis Article • Feb 06

DENSO (TSE:6902) Has Affirmed Its Dividend Of ¥32.00

DENSO Corporation ( TSE:6902 ) will pay a dividend of ¥32.00 on the 27th of May. Based on this payment, the dividend...
Analysis Article • Feb 05

DENSO Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

DENSO Corporation ( TSE:6902 ) just released its quarterly report and things are looking bullish. DENSO beat earnings...
Analysis Article • Jan 22

DENSO (TSE:6902) Has Announced A Dividend Of ¥32.00

DENSO Corporation ( TSE:6902 ) has announced that it will pay a dividend of ¥32.00 per share on the 27th of May. This...
Analysis Article • Jan 08

DENSO (TSE:6902) Has Announced A Dividend Of ¥32.00

The board of DENSO Corporation ( TSE:6902 ) has announced that it will pay a dividend of ¥32.00 per share on the 27th...
Analysis Article • Dec 20

DENSO (TSE:6902) Has Affirmed Its Dividend Of ¥32.00

DENSO Corporation ( TSE:6902 ) will pay a dividend of ¥32.00 on the 27th of May. This means the dividend yield will be...
Analysis Article • Nov 27

DENSO (TSE:6902) Will Pay A Dividend Of ¥32.00

The board of DENSO Corporation ( TSE:6902 ) has announced that it will pay a dividend on the 27th of May, with...
Analysis Article • Nov 04

Earnings Miss: DENSO Corporation Missed EPS By 42% And Analysts Are Revising Their Forecasts

DENSO Corporation ( TSE:6902 ) shareholders are probably feeling a little disappointed, since its shares fell 7.2% to...
Analysis Article • Oct 30

Investors Aren't Entirely Convinced By DENSO Corporation's (TSE:6902) Earnings

It's not a stretch to say that DENSO Corporation's ( TSE:6902 ) price-to-earnings (or "P/E") ratio of 15.3x right now...
Analysis Article • Oct 12

DENSO (TSE:6902) Could Easily Take On More Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Aug 04

DENSO's (TSE:6902) Dividend Will Be ¥32.00

The board of DENSO Corporation ( TSE:6902 ) has announced that it will pay a dividend on the 26th of November, with...
Analysis Article • Aug 03

Earnings Miss: DENSO Corporation Missed EPS By 9.0% And Analysts Are Revising Their Forecasts

The first-quarter results for DENSO Corporation ( TSE:6902 ) were released last week, making it a good time to revisit...
Analysis Article • Jul 25

DENSO Corporation (TSE:6902) Shares Could Be 29% Below Their Intrinsic Value Estimate

Key Insights Using the 2 Stage Free Cash Flow to Equity, DENSO fair value estimate is JP¥2,928 Current share price of...
Analysis Article • Jul 07

Is DENSO (TSE:6902) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Earnings and Revenue Growth Forecasts

TSE:6902 - Analysts future estimates and past financials data (JPY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/20298,104,950521,322530,000903,70910
3/31/20287,881,986487,114442,563905,23016
3/31/20277,674,985426,810497,623942,02615
3/31/20267,539,975443,75576,836511,025N/A
12/31/20257,368,857380,007134,763576,945N/A
9/30/20257,277,392359,601119,653559,111N/A
6/30/20257,162,073403,890208,842649,949N/A
3/31/20257,161,777419,081313,321758,743N/A
12/31/20247,078,292449,917336,096791,223N/A
9/30/20247,106,087334,705399,401853,614N/A
6/30/20247,185,714321,790485,716937,005N/A
3/31/20247,144,733312,791515,421961,826N/A
12/31/20237,120,527292,454531,041970,778N/A
9/30/20236,894,704377,758437,213863,438N/A
6/30/20236,699,171348,218362,626772,597N/A
3/31/20236,401,320314,633188,406602,720N/A
12/31/20226,142,146268,338130,702536,746N/A
9/30/20225,952,686256,973-20,727389,042N/A
6/30/20225,573,655226,431-59,682333,752N/A
3/31/20225,515,512263,90123,493395,637N/A
12/31/20215,437,178275,343-3,835361,219N/A
9/30/20215,444,943308,905221,097610,423N/A
6/30/20215,528,493304,469200,047595,161N/A
3/31/20214,936,725125,0552,554437,235N/A
12/31/20204,767,027-24,94528,590494,510N/A
9/30/20204,609,774-107,248-109,308346,742N/A
6/30/20204,594,455-79,128-92,514394,709N/A
3/31/20205,153,47668,099128,689595,320N/A
12/31/20195,278,158198,631N/A591,359N/A
9/30/20195,356,217244,668N/A585,606N/A
6/30/20195,355,731234,387N/A560,692N/A
3/31/20195,362,772254,524N/A533,487N/A
12/31/20185,388,895261,294N/A515,823N/A
9/30/20185,369,798280,449N/A576,748N/A
6/30/20185,274,537321,158N/A586,481N/A
3/31/20185,108,291320,561N/A558,001N/A
12/31/20174,914,686317,991N/A548,570N/A
9/30/20174,713,706314,315N/A494,265N/A
6/30/20174,599,266288,208N/A480,172N/A
3/31/20174,527,148257,619N/A467,779N/A
12/31/20164,465,097243,814N/A486,994N/A
9/30/20164,472,974228,696N/A508,104N/A
6/30/20164,511,293216,493N/A543,572N/A
3/31/20164,524,522244,251N/A552,862N/A
12/31/20154,520,432254,294N/AN/AN/A
9/30/20154,467,264249,068N/A485,737N/A
6/30/20154,386,711263,459N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6902's forecast earnings growth (6.6% per year) is above the savings rate (0.8%).

Earnings vs Market: 6902's earnings (6.6% per year) are forecast to grow slower than the JP market (8.9% per year).

High Growth Earnings: 6902's earnings are forecast to grow, but not significantly.

Revenue vs Market: 6902's revenue (2.7% per year) is forecast to grow slower than the JP market (5.6% per year).

High Growth Revenue: 6902's revenue (2.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 6902's Return on Equity is forecast to be low in 3 years time (9.3%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/01 23:35
End of Day Share Price 2026/06/01 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

DENSO Corporation is covered by 28 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kei NihonyanagiBarclays
Masahiro AkitaBernstein
Yawen TanBNP Paribas