DENSO Corporation (DNZOF)
| Previous Close | 70.29 |
| Open | 70.29 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 70.29 - 70.29 |
| 52 Week Range | 46.85 - 70.39 |
| Volume | |
| Avg. Volume | 339 |
| Market Cap | 52.639B |
| Beta (5Y Monthly) | 0.96 |
| PE Ratio (TTM) | 22.46 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.37 (0.53%) |
| Ex-Dividend Date | Sept 28, 2023 |
| 1y Target Est | N/A |
- Reuters
UPDATE 2-Toyota supplier Denso posts 86% rise in Q4 profit
Japan's Denso Corp, a leading supplier to Toyota Motor Corp, reported an 86.3% rise in fourth-quarter operating profit on Thursday, benefitting from stronger sales and weaker lockdown-induced headwinds. But despite the rosy outlook, Denso said it was still seeing impact from a global chips supply shortage and gave a stark assessment of the situation in China, where its capacity utilisation rate has been lower than originally planned. "Japanese makers have a little bit more inventory of new cars" in China, said Yasushi Matsui, Denso's chief financial officer.
- Reuters
Toyota supplier Denso posts 86% rise in Q4 profit
TOKYO (Reuters) -Japan's Denso Corp, a leading supplier to Toyota Motor Corp, reported an 86.3% rise in fourth-quarter operating profit on Thursday, benefitting from stronger sales and weaker lockdown-induced headwinds. But despite the rosy outlook, Denso said it was still seeing impact from a global chips supply shortage and gave a stark assessment of the situation in China, where its capacity utilisation rate has been lower than originally planned. "Japanese makers have a little bit more inventory of new cars" in China, said Yasushi Matsui, Denso's chief financial officer.
- Reuters
UPDATE 2-Toyota supplier Denso cuts profit forecast on car production risks
Japan's Denso Corp, a leading supplier to Toyota Motor Corp, on Friday slashed its annual operating profit forecast by 12.5%, missing analysts' estimates, as it warned a chip shortage could cause auto production cuts. The company, a major manufacturer of automotive parts and chips, lowered its full-year operating profit forecast to 420 billion yen ($3.26 billion) for the year to end-March, from 480 billion yen expected previously. Denso said the new forecast took into account the pandemic's impact in China and the risk of vehicle production cuts due to the ongoing global semiconductor shortage, despite efforts being taken to reduce costs.
