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Producer Manufacturing


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 2020 JPYUSD
Gross Profit1,204.99B11,082.83M
Operating income64,179M590.28M
Income before tax89,631M824.37M
Net income68,099M626.33M
Diluted EPS87.880.80
Dividends Per Share1401.28
Total Assets5,651.80B52,353.30M
Total liabilities2,092.93B19,387.07M
Total equity3,397.13B31,468.07M
Operating cash flow595,320M5,475.42M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 4,524.52B 4,527.14B 5,108.29B 5,362.77B 5,153.47B
Gross Profit 1,155.71B 737,262M 1,275.27B 1,300.19B 1,204.99B
Operating income 357,946M 326,424M 406,093M 321,172M 64,179M
Income before tax 342,163M 360,858M 449,903M 356,031M 89,631M
Net income 244,251M 257,619M 320,561M 254,524M 68,099M
EBITDA 600,705M 573,685M 690,819M 631,995M 402,105M
Diluted EPS 307.18 326.32 410.45 326.47 87.88
Dividends Per Share 120 120 130 140 140
Total Assets 5,042.89B 5,150.76B 5,764.41B 5,792.41B 5,651.80B
Total liabilities 1,787.86B 1,703.68B 1,990.12B 2,022.04B 2,092.93B
Total equity 3,123.57B 3,312.72B 3,598.32B 3,595.69B 3,397.13B
Operating cash flow 552,862M 467,779M 558,001M 533,487M 595,320M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 37,677.88M 41,806.74M 46,090.22M 48,359.15M 47,398.84M
Gross Profit 9,624.21M 6,808.37M 11,506.31M 11,724.56M 11,082.83M
Operating income 2,980.78M 3,014.41M 3,664.02M 2,896.18M 590.28M
Income before tax 2,849.35M 3,332.40M 4,059.30M 3,210.53M 824.37M
Net income 2,033.99M 2,379.02M 2,892.30M 2,295.18M 626.33M
EBITDA 5,002.36M 5,297.79M 6,233.00M 5,699.05M 3,698.34M
Diluted EPS 2.55 3.01 3.70 2.94 0.80
Dividends Per Share 0.99 1.10 1.17 1.26 1.28
Total Assets 44,867.61M 46,224.19M 54,202.31M 52,332.42M 52,353.30M
Total liabilities 15,906.94M 15,289.23M 18,712.96M 18,268.49M 19,387.07M
Total equity 27,791.07M 29,729.19M 33,834.69M 32,485.83M 31,468.07M
Operating cash flow 4,603.94M 4,319.78M 5,034.63M 4,810.75M 5,475.42M

Valuation Measures

Mar 2020
Operating margin1.24%
Profit margin1.32%

Key executives

  • President, CEO & Representative Director: Koji Arima
  • CFO & Senior Head-Corporate Administration: Yasushi Matsui
  • Representative Director, CTO, VP & Head-Technology: Hiroyuki Wakabayashi
  • Chief Information Security Officer: Shoji Tsuzuki
  • Representative Director, VP & Head-Quality: Yasushi Yamanaka


  • Toyota Motor Corp. (23.9%)
  • Toyota Industries Corp. (8.8%)
  • Towa Real Estate Co., Ltd. (4.2%)
  • Nomura Asset Management Co., Ltd. (3.1%)
  • Nippon Life Insurance Co. (2.7%)
  • DENSO Employee Stock Ownership Plan (1.8%)
  • DENSO Corp. (1.6%)
  • Aisin Seiki Co., Ltd. (1.5%)
  • MS&AD Insurance Group Holdings, Inc. (1.5%)
  • Nikko Asset Management Co., Ltd. (1.5%)

Contact Details

Related Companies

  • DENSO Solution Japan Corp.
  • DENSO Fukushima Corp.
  • Denso Ten Electronics (Wuxi) Ltd.
  • PT Denso Manufacturing Indonesia
  • TD Mobile Corp.
  • Denso Iwate Corp.
  • Denso Daishin 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 Sales Japan Corp.
  • 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.
  • DENSO Sales (Thailand) Co., Ltd.
  • Denso (Cambodia) Co. Ltd.


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Last Updated on 22 Jan, 2021

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