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	JPY	USD
Revenue	5,515.51B	49,082.32M
Gross Profit	1,257.19B	11,187.72M
Operating income	341,211M	3,036.42M
Income before tax	379,049M	3,373.14M
Net income	263,901M	2,348.44M
EBITDA	720,744M	6,413.87M
Diluted EPS	342.76	3.05
Dividends Per Share	165	1.46
Total Assets	7,432.27B	61,233.95M
Total liabilities	2,942.74B	24,245.06M
Total equity	4,299.35B	35,422.09M
Operating cash flow	395,637M	3,520.75M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 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 2018	Mar 2019	Mar 2020	Mar 2021	Mar 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
PER	22.93
ROA	3.71%
ROE	6.44%
Operating margin	6.18%
Profit margin	4.78%

Key executives

President, CEO & Representative Director: Koji Arima
Chief Financial Officer & Director: Yasushi Matsui
Chief Digital Officer & GM-IT Digital: Shoji Tsuzuki
Chief Technology Officer: Yoshifumi Kato
Head-Research Development Center: Hirotsugu Takeuchi

Shareholders

Toyota Motor Corp. (22.9%)
Toyota Industries Corp. (8.8%)
DENSO Corp. (4.9%)
Toyota Fudosan Co., Ltd. (4.2%)
Nomura Asset Management Co., Ltd. (2.9%)
Nippon Life Insurance Co. (2.7%)
DENSO Employee Stock Ownership Plan (1.6%)
Aisin Corp. (1.5%)
Daiwa Asset Management Co. Ltd. (1.5%)
The Vanguard Group, Inc. (1.4%)

Contact Details

Website:http://www.denso.com/jp/ja/
Phone: +81.566.25.5511

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DENSO Sales Middle East & North Africa FZE
DENSO Poland Sp zoo
DENSO Sales Rus LLC
DENSO Tianjin ITS Co. Ltd.
DENSO Sales (Thailand) Co., Ltd.

Competitors

BorgWarner Inc.
Rheinmetall AG
Modine Manufacturing Company
Valeo SE
Standard Motor Products, Inc.
Dana Incorporated
Hyundai Wia Corporation
Yantai Zhenghai Magnetic Material Co., Ltd. Class A
Fulin Precision Co., Ltd. Class A
VOXX International Corporation Class A
ABC Technologies Holdings, Inc.
Magna International Inc.
Shanghai Aerospace Automobile Electromechanical Co Ltd Class A
Navya SA
Cummins Inc.
Aptiv PLC
Hanon Systems
Jiangsu Riying Electronics Co. Ltd. Class A
HL Mando Co., Ltd.
Cepton, Inc.
Lear Corporation
Mobileye Global, Inc. Class A
Visteon Corporation
Point Mobile Co., Ltd.
Pritika Engineering Components Ltd.

Last Updated on 24 Mar, 2023