Earnings Alerts

Denso Corp (6902) Earnings Fall Short of Estimates: FY Operating Income and Net Sales Reveal Downslide

  • Denso’s forecasted operating income is 714.00 billion yen, missing the estimated 736.49 billion yen.
  • The anticipated net income is 526.00 billion yen, lower than the previously predicted 556.81 billion yen.
  • Projected net sales are 7.35 trillion yen, which falls short of the 7.52 trillion yen estimate.
  • Denso sees a prospective dividend of 64.00 yen, which is higher than the previously estimated 59.56 yen.
  • Fourth quarter results revealed an operating income of 142.02 billion yen, showing a 10% decrease from the previous year and lower than the 239.86 billion yen estimate.
  • The net income for the quarter was 137.17 billion yen, which didn’t meet the 185.55 billion yen estimate.
  • However, net sales were near the estimate with actual sales being 1.79 trillion yen and estimated sales at 1.8 trillion yen.
  • Annual results demonstrated net sales at 7.14 trillion yen, showing a 12% increase from the previous year and meeting the exact estimate.
  • The yearly operating income was 380.60 billion yen, an 11% decrease from last year and under the anticipated 484.93 billion yen.
  • Stock market opinion on Denso is split with 14 buys, 6 holds, and 1 sell.

Denso Corp on Smartkarma

Analyst coverage of Denso Corp on Smartkarma reveals diverse insights from independent analysts. Mohshin Aziz highlights Japan’s focus on promoting shareholder return through naming and shaming laggard companies. Aki Matsumoto discusses Toyota’s sale of Denso shares to prioritize EV investment while retaining influence, raising concerns for minority shareholders. Sumeet Singh provides a weekly market update mentioning Denso Corp pricing impacts amidst a flurry of IPO launches in India. Arun George analyzes Denso’s recent offering, noting the share price movement post-announcement and the potential positive returns for investors in large placements.

These analysts offer valuable perspectives on Denso Corp, covering various aspects from market trends to strategic decisions, providing investors with a range of insights to consider when evaluating the company’s potential performance in the market.


A look at Denso Corp Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Denso Corp, a leading manufacturer of electronic automotive parts, boasts a positive long-term outlook based on the Smartkarma Smart Scores. With a strong emphasis on growth and momentum, scoring a 5 in both categories, Denso is positioned well for future expansion and market performance. Its solid scores in value, dividend, and resilience, all ranking at 3, further enhance its overall outlook, indicating a balanced approach to financial stability and shareholder returns.

Specializing in products like automobile air conditioners, air bags, and ignition systems, Denso Corp has carved a niche in the automotive industry. Its diverse product portfolio, which includes generators and power steering systems, showcases the company’s commitment to innovation and quality. Additionally, Denso’s production of communication equipment for mobile navigation systems reflects its adaptability to evolving technology trends. With favorable Smart Scores across key metrics, Denso Corp is positioned as a strong player in the market with promising long-term growth potential.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars