DENSO Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	7,699,706	7,539,975	7,161,777	7,144,733	6,401,320	5,515,512
Revenue Growth	7.51%	5.28%	0.24%	11.61%	16.06%	11.72%
Cost of Revenue	6,529,404	6,370,364	6,058,910	6,054,780	5,490,176	4,714,024
Gross Profit	1,170,302	1,169,611	1,102,867	1,089,953	911,144	801,488
Selling, General & Admin	623,689	537,238	509,093	474,710	454,209	417,186
Other Operating Expenses	17,102	33,281	64,031	198,117	-3,951	-6,983
Operating Expenses	640,791	607,860	608,978	708,173	485,349	446,508
Operating Income	529,511	561,751	493,889	381,780	425,795	354,980
Interest Expense	-35,015	-19,123	-12,525	-14,279	-9,346	-4,699
Interest & Investment Income	80,200	80,867	84,988	76,449	50,202	40,111
Earnings From Equity Investments	17,866	12,369	8,999	16,866	-2,931	5,759
Currency Exchange Gain (Loss)	-2,864	1,422	-10,505	-17,693	-4,115	4,019
Other Non Operating Income (Expenses)	-	-4,436	-2,158	-3,038	-459	894
EBT Excluding Unusual Items	589,698	632,850	562,688	440,085	459,146	401,064
Gain (Loss) on Sale of Assets	-	-5,713	22,649	-2,571	2,764	-6,322
Asset Writedown	-	-9,846	-7,332	-	-1,240	-9,934
Legal Settlements	-	-	-	-1,277	-3,800	-
Pretax Income	589,698	617,291	578,005	436,237	456,870	384,808
Income Tax Expense	115,207	129,779	112,748	80,664	109,009	96,054
Earnings From Continuing Operations	474,491	487,512	465,257	355,573	347,861	288,754
Minority Interest in Earnings	-42,129	-43,757	-46,176	-42,782	-33,228	-24,853
Net Income	432,362	443,755	419,081	312,791	314,633	263,901
Preferred Dividends & Other Adjustments	-	120	-	-	-	-
Net Income to Common	432,362	443,635	419,081	312,791	314,633	263,901
Net Income Growth	7.05%	5.86%	33.98%	-0.58%	19.22%	111.03%
Shares Outstanding (Basic)	2,693	2,722	2,890	2,980	3,025	3,080
Shares Outstanding (Diluted)	2,693	2,722	2,890	2,980	3,025	3,080
Shares Change	-5.76%	-5.80%	-3.02%	-1.50%	-1.77%	-0.64%
EPS (Basic)	160.55	162.96	145.02	104.97	104.00	85.69
EPS (Diluted)	160.55	162.96	145.02	104.97	104.00	85.69
EPS Growth	13.59%	12.38%	38.15%	0.93%	21.37%	112.39%

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Free Cash Flow	213,227	140,855	378,672	570,185	242,144	59,227
Free Cash Flow Per Share	79.18	51.74	131.03	191.35	80.04	19.23
Dividend Per Share	67.000	67.000	64.000	55.000	46.250	41.250
Dividend Growth	4.69%	4.69%	16.36%	18.92%	12.12%	17.86%
Gross Margin	15.20%	15.51%	15.40%	15.25%	14.23%	14.53%
Operating Margin	6.88%	7.45%	6.90%	5.34%	6.65%	6.44%
Profit Margin	5.62%	5.88%	5.85%	4.38%	4.92%	4.78%
Free Cash Flow Margin	2.77%	1.87%	5.29%	7.98%	3.78%	1.07%
EBITDA	911,328	939,825	870,482	756,049	790,430	701,506
EBITDA Margin	11.84%	12.46%	12.16%	10.58%	12.35%	12.72%
D&A For EBITDA	381,817	378,074	376,593	374,269	364,635	346,526
EBIT	529,511	561,751	493,889	381,780	425,795	354,980
EBIT Margin	6.88%	7.45%	6.90%	5.34%	6.65%	6.44%
Effective Tax Rate	19.54%	21.02%	19.51%	18.49%	23.86%	24.96%