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DENSO Corporation (DNZOF)

OTC Markets OTCPK - OTC Markets OTCPK Delayed Price. Currency in USD
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16.55-0.07 (-0.42%)
At close: 12:54PM EDT
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Previous Close16.62
Bid0.00 x 0
Ask0.00 x 0
Day's Range15.97 - 16.55
52 Week Range14.37 - 69.37
Avg. Volume1,087
Market Cap48.175B
Beta (5Y Monthly)0.89
PE Ratio (TTM)24.70
EPS (TTM)0.67
Earnings DateJul 26, 2024 - Jul 30, 2024
Forward Dividend & Yield0.41 (2.49%)
Ex-Dividend DateSept 27, 2024
1y Target EstN/A
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  • Reuters

    Denso to sell off cross-shareholdings and use proceeds on M&A

    Toyota Motor supplier Denso plans to eventually sell all of its cross-shareholdings, its president said on Friday, as the company looks to fund acquisitions and other investments. Firms have been gradually selling down their stakes, thanks in part to a governance push by the Tokyo Stock Exchange and the government. Toyota and some other of its group companies last year sold around 8% of Denso, a move that was seen as a critical first step by the sprawling Toyota Group and heightening expectation of more sales to come.

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