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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. Its operations are carried out through the following business divisions: Automotive, Consumer Products, Industrial Products and New Business Fields. The Automotive division delivers a wide variety of automotive products and technologies that minimize environmental impact and traffic accidents while also increasing comfort and convenience. The Consumer Products division helps to make smart homes a reality with product and technology offerings from charging stations to hot water supply systems. The Industrial Products division engages in the development and manufacture of factory automation products (industrial robots, programmable logic controllers,) automatic identification products (bar-code readers, QR (Quick Response)code readers and IC (Integrated Circuit) card-related products). The New Business Fields division engages in the business of solving problems and benefiting society beyond the automotive industry. The company was founded on December 16, 1949 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2019 JPYUSD
Gross Profit1,300.19B11,724.56M
Operating income321,172M2,896.18M
Income before tax356,031M3,210.53M
Net income254,524M2,295.18M
Diluted EPS326.472.94
Dividends Per Share1401.26
Total Assets5,792.41B52,332.42M
Total liabilities2,022.04B18,268.49M
Total equity3,595.69B32,485.83M
Operating cash flow533,487M4,810.75M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 4,309.78B 4,524.52B 4,527.14B 5,108.29B 5,362.77B
Gross Profit 1,135.35B 1,155.71B 737,262M 1,275.27B 1,300.19B
Operating income 350,800M 357,946M 326,424M 406,093M 321,172M
Income before tax 365,959M 342,163M 360,858M 449,903M 356,031M
Net income 258,382M 244,251M 257,619M 320,561M 254,524M
EBITDA 575,784M 600,705M 573,685M 690,819M 631,995M
Diluted EPS 323.93 307.18 326.32 410.45 326.47
Dividends Per Share 110 120 120 130 140
Total Assets 5,283.25B 5,042.89B 5,150.76B 5,764.41B 5,792.41B
Total liabilities 1,809.04B 1,787.86B 1,703.68B 1,990.12B 2,022.04B
Total equity 3,327.93B 3,123.57B 3,312.72B 3,598.32B 3,595.69B
Operating cash flow 383,156M 552,862M 467,779M 558,001M 533,487M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 39,231.06M 37,677.88M 41,806.74M 46,090.22M 48,359.15M
Gross Profit 10,334.86M 9,624.21M 6,808.37M 11,506.31M 11,724.56M
Operating income 3,193.25M 2,980.78M 3,014.41M 3,664.02M 2,896.18M
Income before tax 3,331.24M 2,849.35M 3,332.40M 4,059.30M 3,210.53M
Net income 2,351.99M 2,033.99M 2,379.02M 2,892.30M 2,295.18M
EBITDA 5,241.23M 5,002.36M 5,297.79M 6,233.00M 5,699.05M
Diluted EPS 2.94 2.55 3.01 3.70 2.94
Dividends Per Share 1.00 0.99 1.10 1.17 1.26
Total Assets 44,054.67M 44,867.61M 46,224.19M 54,202.31M 52,332.42M
Total liabilities 15,084.81M 15,906.94M 15,289.23M 18,712.96M 18,268.49M
Total equity 27,750.15M 27,791.07M 29,729.19M 33,834.69M 32,485.83M
Operating cash flow 3,487.78M 4,603.94M 4,319.78M 5,034.63M 4,810.75M

Valuation Measures

Mar 2019
Operating margin5.98%
Profit margin4.74%

Key executives

  • President, CEO & Representative Director: Koji Arima
  • Head-Technology Development Center: Yoshifumi Kato
  • Representative Director & Vice President: Hiroyuki Wakabayashi
  • Representative Director, VP & Head-Quality: Yasushi Yamanaka
  • Vice President: Sadahiro Usui


  • Toyota Motor Corp. (23.9%)
  • Toyota Industries Corp. (8.8%)
  • Towa Real Estate Co., Ltd. (4.2%)
  • Nomura Asset Management Co., Ltd. (2.7%)
  • Nippon Life Insurance Co. (2.7%)
  • DENSO Employee Stock Ownership Plan (1.7%)
  • MS&AD Insurance Group Holdings, Inc. (1.7%)
  • DENSO Corp. (1.6%)
  • The Vanguard Group, Inc. (1.6%)
  • Aisin Seiki Co., Ltd. (1.5%)

Contact Details

  • Website:
  • Address: 1-7 Yukigayaotsuka-machi, Ota-Ku, Tokyo, 145-0067, Japan
  • Phone: +81.3.3726.1211

Related Companies

  • 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.
  • 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 (Cambodia) Co. Ltd.
  • Denso Air Systems de Mexico SA de CV
  • DENSO Reinsurance America, Inc.
  • DENSO (Tianjin) Body Parts Co. Ltd.
  • DENSO Manufacturing Vietnam Co. Ltd.
  • Air Systems (Thailand) Co. Ltd.
  • Denso Sales Canada, Inc.
  • DENSO International India Pvt Ltd.
  • DJ Cool Klima Ve Sogutma Cihazlari Sanayi Ticaret AS
  • Denso Korea Electronics Corp.
  • Denso Remani Corp.
  • DENSO (Changzhou) Fuel Injection System Co. Ltd.


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  • Mando Corp
  • Lear Corporation
  • Shanghai Highly (Group) Co., Ltd. Class B
  • Robostar Co., Ltd
  • Cummins Inc.
  • Aptiv PLC
  • Halla Holdings Corporation
  • Hengli Industrial Development Group Co. Ltd. Class A
  • Kapsch TrafficCom AG
Last Updated on 30 Mar, 2020

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