DENSO Corporation Revises FY2027 Forecast on Vehicle Sales Strength
DENSO Corporation (TSE:6902) raised its full-year revenue guidance for the fiscal year ending March 2027, citing stronger-than-expected vehicle sales and yen weakness, though profit margins remain unchanged.
| Item | Before | After | Change |
|---|---|---|---|
| 売上収益 | JPY 7670.0bn | JPY 7750.0bn | +1.0% |
| Operating Profit | JPY 500.0bn | JPY 500.0bn | +0.0% |
| 税引前利益 | JPY 553.0bn | JPY 553.0bn | +0.0% |
| 当期利益 | JPY 422.0bn | JPY 422.0bn | +0.0% |
| 親会社の所有者に帰属する当期利益 | JPY 382.0bn | JPY 382.0bn | +0.0% |
| 基本的１株当たり当期利益 | JPY 147M | JPY 150M | +2.1% |
The automotive components supplier increased revenue expectations by JPY 80.0bn, or 1.0 percent, reflecting first-quarter vehicle sales momentum and currency headwinds. Management incorporated a weaker yen assumption of 153 yen per dollar and 180 yen per euro for the remainder of the fiscal year. Operating profit, pre-tax profit, and net profit attributable to parent company shareholders remain flat at JPY 500.0bn, JPY 553.0bn, and JPY 382.0bn respectively, indicating that incremental revenue gains are offset by cost pressures or unfavorable product mix.
Earnings per share (EPS) rose 2.1 percent to JPY 150.00/share from JPY 146.95/share, driven primarily by changes in outstanding share count rather than underlying profit expansion. The revision underscores DENSO’s exposure to vehicle production cycles and currency fluctuations, while the flat profit guidance suggests limited operating leverage despite higher sales. Investors should monitor whether the company can convert anticipated revenue growth into margin expansion in subsequent quarters.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.