Denso reported consolidated net profit of 67.8 billion yen for the April–June quarter, down 14.4% from the same period a year earlier. Revenue rose on expanded sales of electrification and intelligent products, but higher material costs and growth investments weighed on profit. For the full year ending March 2027, the company raised its revenue forecast to 7.75 trillion yen from the previous 7.67 trillion yen, reflecting currency effects, while keeping its net profit forecast unchanged at 382 billion yen. This company forecast falls short of the average estimate of 424.6 billion yen from 20 analysts polled by IBES.
DENSO CORPORATIONNet profit fell 14.4% and full-year forecast misses analyst estimates.