DENSO Corporation (TYO: 6902)

DENSO Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	7,106,087	7,144,733	6,401,320	5,515,512	4,936,725	5,153,476
Revenue Growth (YoY)	3.07%	11.61%	16.06%	11.72%	-4.21%	-3.90%
Cost of Revenue	6,018,554	6,054,780	5,490,176	4,714,024	4,275,239	4,423,876
Gross Profit	1,087,533	1,089,953	911,144	801,488	661,486	729,600
Selling, General & Admin	455,369	474,710	454,209	417,186	391,878	425,156
Other Operating Expenses	175,631	198,117	-3,951	-6,983	75,339	206,939
Operating Expenses	666,346	708,173	485,349	446,508	502,522	664,532
Operating Income	421,187	381,780	425,795	354,980	158,964	65,068
Interest Expense	-19,771	-14,279	-9,346	-4,699	-4,510	-7,324
Interest & Investment Income	83,864	76,449	50,202	40,111	39,259	45,139
Earnings From Equity Investments	8,086	16,866	-2,931	5,759	1,801	5,454
Currency Exchange Gain (Loss)	-16,172	-17,693	-4,115	4,019	1,457	-14,530
Other Non Operating Income (Expenses)	-3,038	-3,038	-459	894	3,298	2,298
EBT Excluding Unusual Items	474,156	440,085	459,146	401,064	200,269	96,105
Gain (Loss) on Sale of Assets	-2,571	-2,571	2,764	-6,322	-6,481	-6,219
Asset Writedown	-	-	-1,240	-9,934	-35	-255
Legal Settlements	-1,277	-1,277	-3,800	-	-	-
Pretax Income	470,308	436,237	456,870	384,808	193,753	89,631
Income Tax Expense	94,780	80,664	109,009	96,054	45,658	5,009
Earnings From Continuing Operations	375,528	355,573	347,861	288,754	148,095	84,622
Minority Interest in Earnings	-40,823	-42,782	-33,228	-24,853	-23,040	-16,523
Net Income	334,705	312,791	314,633	263,901	125,055	68,099
Net Income to Common	334,705	312,791	314,633	263,901	125,055	68,099
Net Income Growth	-11.40%	-0.59%	19.22%	111.03%	83.64%	-73.24%
Shares Outstanding (Basic)	2,938	2,980	3,025	3,080	3,099	3,099
Shares Outstanding (Diluted)	2,938	2,980	3,025	3,080	3,099	3,099
Shares Change (YoY)	-2.01%	-1.50%	-1.77%	-0.64%	-0.00%	-0.61%
EPS (Basic)	113.94	104.97	104.00	85.69	40.35	21.97
EPS (Diluted)	113.94	104.97	104.00	85.69	40.35	21.97
EPS Growth	-9.58%	0.93%	21.37%	112.39%	83.64%	-73.08%
Free Cash Flow	462,093	570,185	242,144	59,227	41,687	170,810
Free Cash Flow Per Share	157.30	191.35	80.04	19.23	13.45	55.11
Dividend Per Share	62.000	55.000	46.250	41.250	35.000	35.000
Dividend Growth	27.18%	18.92%	12.12%	17.86%	0%	0%
Gross Margin	15.30%	15.26%	14.23%	14.53%	13.40%	14.16%
Operating Margin	5.93%	5.34%	6.65%	6.44%	3.22%	1.26%
Profit Margin	4.71%	4.38%	4.92%	4.78%	2.53%	1.32%
Free Cash Flow Margin	6.50%	7.98%	3.78%	1.07%	0.84%	3.31%
EBITDA	797,125	756,049	790,430	701,506	494,542	377,956
EBITDA Margin	11.22%	10.58%	12.35%	12.72%	10.02%	7.33%
D&A For EBITDA	375,938	374,269	364,635	346,526	335,578	312,888
EBIT	421,187	381,780	425,795	354,980	158,964	65,068
EBIT Margin	5.93%	5.34%	6.65%	6.44%	3.22%	1.26%
Effective Tax Rate	20.15%	18.49%	23.86%	24.96%	23.57%	5.59%

Source: S&P Capital IQ. Standard template. Financial Sources.