DENSO, a leading mobility supplier, announced global financial results for the third quarter, ending December 31, 2025, of its fiscal year, ending March 31, 2026:
- Consolidated revenue totaled 5,495.5 billion yen (US$35.2 billion), a 3.9 percent increase from the previous year.
- Consolidated operating profit totaled 375.9 billion yen (US$2.4 billion), a 6.4 percent decrease from the previous year.
- Consolidated profit attributable to owners of the parent company totaled 273.7 billion yen (US$1.8 billion), a 12.5 percent decrease from the previous year.
“Even with the yen appreciating compared to the previous year, revenue for the current fiscal year increased compared to last, driven by higher vehicle sales in North America, Japan, and Asia, as well as price reflection,” said Yasushi Matsui, CFO, executive vice president and member of the Board of Directors of DENSO. “However, operating profit declined year-over-year due to rising parts costs, tariff impacts, quality-related provisions, and R&D expenditures, despite the positive impact from business improvement and production volume.”
“In this fiscal year, we forecast 7,420.0 billion yen (US$47.5 billion) in revenue and 535.0 billion yen (US$3.4 billion) in operating profit. Our revenue forecast reflects weaker yen and cost recovery. Operating profit incorporates the rising parts costs, tariff impacts, quality-related provisions, and R&D expenditures.”
In Japan, revenue increased to 3,225.1 billion yen (US$20.6 billion), up 3.3 percent from the previous year, and operating profit decreased to 117.0 billion yen (US$748.3 million), down 34.2 percent from the previous year.
In North America, revenue increased to 1,475.5 billion yen (US$9.4 billion), up 8.0 percent from the previous year, and operating profit increased to 74.9 billion yen (US$479.3 million) up 3.3 percent from the previous year.
In Europe, revenue increased to 557.7 billion yen (US$3.6 billion), up 3.9 percent from the previous year, and operating profit increased to 17.0 billion yen (US$108.7 million), up 246.8 percent from the previous year.
In Asia, revenue increased to 1,466.9 billion yen (US$9.4 billion), up 0.3 percent from the previous year and operating profit increased to 145.4 billion yen (US$930.5 million), up 15.6 percent from the previous year.
In other regions, revenue increased to 91.8 billion yen (US$0.6 billion), up 2.1 percent from the previous year, and operating profit decreased to 18.1 billion yen (US$115.7 million), down 2.8 percent from the previous year.
Forecast for Fiscal Year Ending March 31, 2026
| Full-Year Forecast | Changes fromPrevious Forecast | Changes fromPrevious FY | |
| Revenue | 7,420.0 billion yen[US$47.5 billion] | +180.0 billion yen(+2.5 percent) | +258.2 billion yen(+3.6 percent) |
| Operating profit | 535.0 billion yen[US$3.4 billion] | -116.0 billion yen(-17.8 percent) | +16.0 billion yen(+3.1 percent) |
| Profit before profit taxes | 604.0 billion yen[US$3.9 billion] | -110.0 billion yen(-15.4 percent) | +26.0 billion yen(+4.5 percent) |
| Profit attributable to owners of the parent company | 420.0 billion yen[US$2.7 billion] | -77.0 billion yen(-15.5 percent) | +0.9 billion yen(+0.2 percent) |
| ROE | 8.1 percent | -1.7 %pt | +0.1 %pt |
For more information, visit www.denso.com.
