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Producer Manufacturing

DENSO Corp.

Business Summary

DENSO Corp. engages in the manufacture and sale of automotive component and systems, industrial products, and home appliances. It operates through the following business divisions: Automotive, Consumer Products, Industrial Products, and New Business Fields. The Automotive division develops and manufactures powertrain control systems, gasoline and diesel engine management systems, semiconductor sensors, micro electronic devices, car and bus air conditioning systems, telematic products, body electronics, windshield wiper systems, power windows, power steering, and power sliding doors. The Consumer Products division offers CO2 refrigerant heat-pump water heaters, central air conditioners, and home energy management systems (HEMS). The Industrial Products division provides factory automation products such as industrial robots and programmable logic controllers. It also handles automatic identification products such as bar-code readers, quick response (QR) code readers, and integrated circuit (IC) card-related products. The New Business Fields division deals with energy management, agriculture technology, security, community network solution, healthcare, biotechnology, and electric power assistance technology. The company was founded on December 16, 1949 and is headquartered in Kariya, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue5,515.51B49,082.32M
Gross Profit1,257.19B11,187.72M
Operating income341,211M3,036.42M
Income before tax379,049M3,373.14M
Net income263,901M2,348.44M
EBITDA720,744M6,413.87M
Diluted EPS342.763.05
Dividends Per Share1651.46
Total Assets7,432.27B61,233.95M
Total liabilities2,942.74B24,245.06M
Total equity4,299.35B35,422.09M
Operating cash flow395,637M3,520.75M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 5,108.29B 5,362.77B 5,153.47B 4,936.72B 5,515.51B
Gross Profit 1,275.27B 1,300.19B 1,204.99B 1,118.19B 1,257.19B
Operating income 406,093M 321,172M 64,179M 149,685M 341,211M
Income before tax 449,903M 356,031M 89,631M 191,952M 379,049M
Net income 320,561M 254,524M 68,099M 125,055M 263,901M
EBITDA 690,819M 631,995M 402,105M 513,490M 720,744M
Diluted EPS 410.45 326.47 87.88 161.38 342.76
Dividends Per Share 130 140 140 140 165
Total Assets 5,764.41B 5,792.41B 5,651.80B 6,767.68B 7,432.27B
Total liabilities 1,990.12B 2,022.04B 2,092.93B 2,690.96B 2,942.74B
Total equity 3,598.32B 3,595.69B 3,397.13B 3,891.01B 4,299.35B
Operating cash flow 558,001M 533,487M 595,320M 437,235M 395,637M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 46,090.22M 48,359.15M 47,398.84M 46,547.66M 49,082.32M
Gross Profit 11,506.31M 11,724.56M 11,082.83M 10,543.27M 11,187.72M
Operating income 3,664.02M 2,896.18M 590.28M 1,411.35M 3,036.42M
Income before tax 4,059.30M 3,210.53M 824.37M 1,809.88M 3,373.14M
Net income 2,892.30M 2,295.18M 626.33M 1,179.12M 2,348.44M
EBITDA 6,233.00M 5,699.05M 3,698.34M 4,841.62M 6,413.87M
Diluted EPS 3.70 2.94 0.80 1.52 3.05
Dividends Per Share 1.17 1.26 1.28 1.32 1.46
Total Assets 54,202.31M 52,332.42M 52,353.30M 61,246.01M 61,233.95M
Total liabilities 18,712.96M 18,268.49M 19,387.07M 24,352.64M 24,245.06M
Total equity 33,834.69M 32,485.83M 31,468.07M 35,212.77M 35,422.09M
Operating cash flow 5,034.63M 4,810.75M 5,475.42M 4,122.62M 3,520.75M

Valuation Measures

Mar 2022
PER22.93
ROA3.71%
ROE6.44%
Operating margin6.18%
Profit margin4.78%

Key executives

  • President, CEO & Representative Director: Koji Arima
  • Chief Financial Officer & Director: Yasushi Matsui
  • Chief Information Security Officer: Shoji Tsuzuki
  • Chief Technology Officer: Yoshifumi Kato
  • Representative Director & Vice President: Yukihiro Shinohara

Shareholders

  • Toyota Motor Corp. (23.9%)
  • Toyota Industries Corp. (8.8%)
  • Toyota Fudosan Co., Ltd. (4.2%)
  • Nomura Asset Management Co., Ltd. (3.2%)
  • DENSO Corp. (3.1%)
  • Nippon Life Insurance Co. (2.7%)
  • DENSO Employee Stock Ownership Plan (1.6%)
  • Aisin Corp. (1.5%)
  • Daiwa Asset Management Co. Ltd. (1.5%)
  • Nikko Asset Management Co., Ltd. (1.5%)

Contact Details

Related Companies

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  • Denso Corp. /Type Alternator Bus/
  • Denso Restricted Stock Compensation Plan
  • DENSO Solution Corp.
  • DENSO Fukushima Corp.
  • Denso Ten Electronics (Wuxi) Ltd.
  • PT Denso Manufacturing Indonesia
  • TD Mobile Corp.
  • Denso Iwate Corp.
  • Denso EMC Engineering Service Corp.
  • DENSO Wiper Systems, Inc.
  • Denso Corp. /Fuel Pump Module Business/
  • Denso Air Systems Corp.
  • Denso Ten (Thailand) Ltd.
  • DENSO Products & Services Americas, Inc.
  • Denso Fa Yamagata Co. Ltd.
  • DENSO TEN Ltd.
  • Denso Poong Sung Electronics Corp.
  • Hamanakodenso Co., Ltd.
  • Logicskorea Co., Ltd.
  • J-Works Parts Sales (Tianjin) Co. Ltd.
  • PIT & GO Automotive Service (Cambodia) Co. Ltd.
  • Denso International Korea Corp.
  • Wuxi DENSO Automotive Products Co. Ltd.
  • DENSO Thermal Systems Morocco SARL
  • DENSO Sales Sweden AB
  • DENSO Sales Middle East & North Africa FZE
  • DENSO Poland Sp zoo
  • DENSO Sales Rus LLC
  • DENSO Tianjin ITS Co. Ltd.

Competitors

  • Hitachi,Ltd.
  • Valeo SE
  • BorgWarner Inc.
  • Rheinmetall AG
  • Modine Manufacturing Company
  • VOXX International Corporation Class A
  • ABC Technologies Holdings, Inc.
  • Magna International Inc.
  • Mianyang Fulin Precision Co., Ltd. Class A
  • Standard Motor Products, Inc.
  • Dana Incorporated
  • HELLA GmbH & Co. KGaA
  • Hyundai Wia Corporation
  • Yantai Zhenghai Magnetic Material Co., Ltd. Class A
  • Shanghai Aerospace Automobile Electromechanical Co Ltd Class A
  • Shanghai Highly (Group) Co., Ltd. Class A
  • Hanon Systems
  • Mando Corp
  • Cepton, Inc.
  • Lear Corporation
  • Visteon Corporation
  • Cummins Inc.
  • Aptiv PLC
  • Point Mobile Co., Ltd.
Last Updated on 27 Jun, 2022

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