DENSO Corporation (TYO:6902)

DENSO Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	7,368,857	7,161,777	7,144,733	6,401,320	5,515,512	4,936,725
Revenue Growth (YoY)	4.11%	0.24%	11.61%	16.06%	11.72%	-4.21%
Cost of Revenue	6,220,256	6,058,910	6,054,780	5,490,176	4,714,024	4,275,239
Gross Profit	1,148,601	1,102,867	1,089,953	911,144	801,488	661,486
Selling, General & Admin	639,861	509,093	474,710	454,209	417,186	391,878
Other Operating Expenses	15,468	64,031	198,117	-3,951	-6,983	75,339
Operating Expenses	655,329	608,978	708,173	485,349	446,508	502,522
Operating Income	493,272	493,889	381,780	425,795	354,980	158,964
Interest Expense	-28,600	-12,525	-14,279	-9,346	-4,699	-4,510
Interest & Investment Income	84,035	84,988	76,449	50,202	40,111	39,259
Earnings From Equity Investments	13,266	8,999	16,866	-2,931	5,759	1,801
Currency Exchange Gain (Loss)	5,927	-10,505	-17,693	-4,115	4,019	1,457
Other Non Operating Income (Expenses)	-	-2,158	-3,038	-459	894	3,298
EBT Excluding Unusual Items	567,900	562,688	440,085	459,146	401,064	200,269
Gain (Loss) on Sale of Assets	-	22,649	-2,571	2,764	-6,322	-6,481
Asset Writedown	-	-7,332	-	-1,240	-9,934	-35
Legal Settlements	-	-	-1,277	-3,800	-	-
Pretax Income	567,900	578,005	436,237	456,870	384,808	193,753
Income Tax Expense	131,678	112,748	80,664	109,009	96,054	45,658
Earnings From Continuing Operations	436,222	465,257	355,573	347,861	288,754	148,095
Minority Interest in Earnings	-56,215	-46,176	-42,782	-33,228	-24,853	-23,040
Net Income	380,007	419,081	312,791	314,633	263,901	125,055
Net Income to Common	380,007	419,081	312,791	314,633	263,901	125,055
Net Income Growth	-15.54%	33.98%	-0.58%	19.22%	111.03%	83.64%
Shares Outstanding (Basic)	2,760	2,890	2,980	3,025	3,080	3,099
Shares Outstanding (Diluted)	2,760	2,890	2,980	3,025	3,080	3,099
Shares Change (YoY)	-5.25%	-3.02%	-1.50%	-1.77%	-0.64%	-
EPS (Basic)	137.67	145.02	104.97	104.00	85.69	40.35
EPS (Diluted)	137.67	145.02	104.97	104.00	85.69	40.35
EPS Growth	-10.86%	38.15%	0.93%	21.37%	112.39%	83.64%
Free Cash Flow	201,181	378,672	570,185	242,144	59,227	41,687
Free Cash Flow Per Share	72.88	131.03	191.35	80.04	19.23	13.45
Dividend Per Share	64.000	64.000	55.000	46.250	41.250	35.000
Dividend Growth	-	16.36%	18.92%	12.12%	17.86%	-
Gross Margin	15.59%	15.40%	15.25%	14.23%	14.53%	13.40%
Operating Margin	6.69%	6.90%	5.34%	6.65%	6.44%	3.22%
Profit Margin	5.16%	5.85%	4.38%	4.92%	4.78%	2.53%
Free Cash Flow Margin	2.73%	5.29%	7.98%	3.78%	1.07%	0.84%
EBITDA	868,800	870,482	756,049	790,430	701,506	494,542
EBITDA Margin	11.79%	12.16%	10.58%	12.35%	12.72%	10.02%
D&A For EBITDA	375,528	376,593	374,269	364,635	346,526	335,578
EBIT	493,272	493,889	381,780	425,795	354,980	158,964
EBIT Margin	6.69%	6.90%	5.34%	6.65%	6.44%	3.22%
Effective Tax Rate	23.19%	19.51%	18.49%	23.86%	24.96%	23.57%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.