DENSO (6902 JT) 2025/26 (JPY): Net 443.8bln (prev. 419.1bln Y/Y), Operating profit 552.5bln (prev. 519bln Y/Y), Revenue 7.54tln (prev. 7.16tln Y/Y), announces JPY 313.6 share buyback
FY Guidance:
- Cuts net to 782bln (prev. guided 420bln)
- Cuts operating profit to 500bln (prev. guided 5.35bln)
- Raises revenue to 7.67tln (prev. guided 7.42tln)
Commentary:
- Withdrawn proposal regarding the acquisition of Rohn after it didn't obtain support from Rohn's board.
Context
Denso's updated FY guidance shows a significant cut to net and operating profit, reflecting operational challenges, while raising revenue indicates strong sales momentum. The share buyback may be seen as a positive signal to investors, but the withdrawal of the acquisition proposal suggests a focus on stabilizing core operations. Watch how this impacts sentiment in the auto parts sector and broader market reactions to their profit outlook.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#DENSO CORP#6902.JT#IMPORTANT#ASIAN SESSION#JPY#ASIAN EQUITIES