DENSO Corporation

TSE:6902 Stock Report

Market Cap: JP¥5.0t

DENSO Past Earnings Performance

Past criteria checks 3/6

DENSO has been growing earnings at an average annual rate of 12.3%, while the Auto Components industry saw earnings growing at 11.5% annually. Revenues have been growing at an average rate of 7.7% per year. DENSO's return on equity is 8.5%, and it has net margins of 5.9%.

Key information

12.26%

Earnings growth rate

14.69%

EPS growth rate

Auto Components Industry Growth6.19%
Revenue growth rate7.69%
Return on equity8.53%
Net Margin5.89%
Last Earnings Update31 Mar 2026

Recent past performance updates

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...

Revenue & Expenses Breakdown

How DENSO makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSE:6902 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 267,539,975443,755598,6100
31 Dec 257,368,857380,007639,8610
30 Sep 257,277,392359,601545,4070
30 Jun 257,162,073403,890609,8660
31 Mar 257,161,777419,081509,0930
31 Dec 247,078,292449,917561,7450
30 Sep 247,106,087334,705455,3690
30 Jun 247,185,714321,790717,1390
31 Mar 247,144,733312,791474,7100
31 Dec 237,120,527292,454654,7280
30 Sep 236,894,704377,758503,5980
30 Jun 236,699,171348,218470,3310
31 Mar 236,401,320314,633454,2090
31 Dec 226,142,146268,338441,0810
30 Sep 225,952,686256,973429,1580
30 Jun 225,573,655226,431421,1170
31 Mar 225,515,512263,901417,1860
31 Dec 215,437,178275,343377,9290
30 Sep 215,444,943308,905379,2530
30 Jun 215,528,493304,469406,1930
31 Mar 214,936,725125,055391,8780
31 Dec 204,767,027-24,945402,3100
30 Sep 204,609,774-107,248443,5060
30 Jun 204,594,455-79,128409,9180
31 Mar 205,153,47668,099425,1560
31 Dec 195,278,158198,631455,9000
30 Sep 195,356,217244,668427,4460
30 Jun 195,355,731234,387446,0670
31 Mar 195,362,772254,524452,4610
31 Dec 185,388,895261,294489,2090
30 Sep 185,369,798280,449484,0470
30 Jun 185,274,537321,158450,1570
31 Mar 185,108,291320,561434,4400
31 Dec 174,914,686317,991406,9520
30 Sep 174,713,706314,315385,5620
30 Jun 174,599,266288,208393,6410
31 Mar 174,527,148257,619390,7970
31 Dec 164,465,097243,814387,4150
30 Sep 164,472,974228,696391,1950
30 Jun 164,511,293216,493390,6660
31 Mar 164,524,522244,251390,8010
31 Dec 154,520,432254,294381,3190
30 Sep 154,467,264249,068379,2330
30 Jun 154,386,711263,459378,3700

Quality Earnings: 6902 has high quality earnings.

Growing Profit Margin: 6902's current net profit margins (5.9%) are higher than last year (5.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 6902's earnings have grown by 12.3% per year over the past 5 years.

Accelerating Growth: 6902's earnings growth over the past year (5.9%) is below its 5-year average (12.3% per year).

Earnings vs Industry: 6902 earnings growth over the past year (5.9%) did not outperform the Auto Components industry 30.2%.


Return on Equity

High ROE: 6902's Return on Equity (8.5%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/26 04:03
End of Day Share Price 2026/05/26 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