Denso
Financial history
- Revenue · FYE Mar 2026
- ¥7.54tn
- Operating profit · FYE Mar 2026
- ¥553bn
- Net profit · FYE Mar 2026
- ¥444bn
- Total assets
- ¥8.73tn
- Equity ratio
- 60.4%
- Long-term series
- 1950–2026
Denso: long-term performance & turning pointsSales (revenue) and profit-margin ratio
Sales (¥ bn)Net margin (%)| Fiscal year | Unit | 1950 *1 FYE Dec | 1951 *1 FYE Dec | 1952 *1 FYE Dec | 1953 *1 FYE Dec | 1954 *1 FYE Dec | 1955 *1 FYE Dec | 1956 *1 FYE Dec | 1957 *1 FYE Dec | 1958 *1 FYE Dec | 1959 *1 FYE Dec | 1960 *1 FYE Dec | 1961 *1 FYE Dec | 1962 *1 FYE Dec | 1963 *1 FYE Dec | 1964 *1 FYE Dec | 1965 *1 FYE Dec | 1966 *1 FYE Dec | 1967 *1 FYE Dec | 1968 *1 FYE Dec | 1969 *1 FYE Dec | 1970 *2 FYE Dec | 1971 *2 FYE Dec | 1972 *2 FYE Dec | 1973 *2 FYE Dec | 1974 *2 FYE Dec | 1975 *3 FYE Dec | 1976 *3 FYE Dec | 1977 *3 FYE Dec | 1978 *3 FYE Dec | 1979 *3 FYE Dec | 1980 *3 FYE Dec | 1981 *3 FYE Dec | 1982 *3 FYE Dec | 1983 *3 FYE Dec | 1984 *3 FYE Dec | 1985 *4 FYE Dec | 1986 *5 FYE Dec | 1987 *5 FYE Dec | 1990 *6 FYE Dec | 1991 *6 FYE Dec | 1992 *1 FYE Dec | 1993 *1 FYE Dec | 1994 *1 FYE Dec | 1995 *1 FYE Mar | 1996 *1 FYE Mar | 1997 *1 FYE Mar | 1998 *1 FYE Mar | 1999 *1 FYE Mar | 2000 *7 FYE Mar | 2001 *7 FYE Mar | 2002 *7 FYE Mar | 2003 *7 FYE Mar | 2004 *7 FYE Mar | 2005 *7 FYE Mar | 2006 *7 FYE Mar | 2007 *7 FYE Mar | 2008 *7 FYE Mar | 2009 *7 FYE Mar | 2010 *7 FYE Mar | 2011 *7 FYE Mar | 2012 *7 FYE Mar | 2013 *7 FYE Mar | 2014 *7 FYE Mar | 2015 *7 FYE Mar | 2016 *7 FYE Mar | 2017 *7 FYE Mar | 2018 *7 FYE Mar | 2019 *7 FYE Mar | 2020 *7 FYE Mar | 2021 *7 FYE Mar | 2022 *7 FYE Mar | 2023 *7 FYE Mar | 2024 *7 FYE Mar | 2025 *7 FYE Mar | 2026 *7 FYE Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | JPY | ¥0.5bn | ¥0.8bn | ¥1.1bn | ¥1.6bn | ¥1.7bn | ¥1.8bn | ¥3.4bn | ¥4.7bn | ¥4.7bn | ¥6.8bn | ¥11bn | ¥14bn | ¥15bn | ¥20bn | ¥25bn | ¥28bn | ¥34bn | ¥44bn | ¥60bn | ¥78bn | ¥93bn | ¥113bn | ¥126bn | ¥165bn | ¥205bn | ¥227bn | ¥277bn | ¥333bn | ¥391bn | ¥455bn | ¥517bn | ¥579bn | ¥608bn | ¥689bn | ¥789bn | ¥909bn | ¥965bn | ¥994bn | ¥1.51tn | ¥1.48tn | ¥1.52tn | ¥1.42tn | ¥1.41tn | ¥339bn | ¥1.44tn | ¥1.62tn | ¥1.67tn | ¥1.76tn | ¥1.88tn | ¥2.01tn | ¥2.40tn | ¥2.33tn | ¥2.56tn | ¥2.80tn | ¥3.19tn | ¥3.61tn | ¥4.03tn | ¥3.14tn | ¥2.98tn | ¥3.13tn | ¥3.15tn | ¥3.58tn | ¥4.10tn | ¥4.31tn | ¥4.52tn | ¥4.53tn | ¥5.11tn | ¥5.36tn | ¥5.15tn | ¥4.94tn | ¥5.52tn | ¥6.40tn | ¥7.14tn | ¥7.16tn | ¥7.54tn |
| YoY | % | — | +58.0% | +51.7% | +38.1% | +10.3% | +5.3% | +82.0% | +39.4% | +1.5% | +42.6% | +63.2% | +27.3% | +7.5% | +30.6% | +28.4% | +9.9% | +22.7% | +29.6% | +36.0% | +29.0% | +20.0% | +21.9% | +11.3% | +31.0% | +24.3% | +10.3% | +22.4% | +19.9% | +17.5% | +16.3% | +13.8% | +11.9% | +5.0% | +13.3% | +14.6% | +15.2% | +6.2% | +3.0% | — | -2.0% | +2.9% | -6.5% | -0.9% | -76.0% | +325.2% | +12.6% | +2.6% | +5.5% | +7.1% | +7.0% | +19.2% | -2.8% | +9.8% | +9.3% | +13.9% | +13.2% | +11.5% | -21.9% | -5.3% | +5.2% | +0.7% | +13.5% | +14.4% | +5.2% | +5.0% | +0.1% | +12.8% | +5.0% | -3.9% | -4.2% | +11.7% | +16.1% | +11.6% | +0.2% | +5.3% |
| Operating profit | JPY | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ¥267bn | ¥303bn | ¥349bn | -¥37bn | ¥137bn | ¥188bn | ¥161bn | ¥262bn | ¥378bn | ¥331bn | ¥316bn | ¥331bn | ¥413bn | ¥316bn | ¥61bn | ¥155bn | ¥341bn | ¥426bn | ¥381bn | ¥519bn | ¥553bn |
| YoY | % | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | +13.7% | +15.0% | -110.7% | — | +37.8% | -14.7% | +63.3% | +43.9% | -12.3% | -4.7% | +4.7% | +24.8% | -23.4% | -80.7% | +153.8% | +120.0% | +24.9% | -10.7% | +36.4% | +6.5% |
| Ordinary profit | JPY | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ¥8.5bn | ¥11bn | ¥12bn | ¥14bn | ¥9.1bn | ¥18bn | ¥29bn | ¥33bn | ¥45bn | ¥53bn | ¥49bn | ¥52bn | ¥56bn | ¥66bn | ¥82bn | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ¥143bn | ¥166bn | ¥196bn | ¥225bn | ¥283bn | ¥322bn | ¥368bn | -¥35bn | ¥153bn | ¥207bn | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net profit | JPY | -¥0.0bn | ¥0.1bn | ¥0.1bn | ¥0.2bn | ¥0.2bn | ¥0.2bn | ¥0.3bn | ¥0.4bn | ¥0.4bn | ¥0.6bn | ¥0.9bn | ¥1.2bn | ¥1.3bn | ¥1.2bn | ¥1.1bn | ¥1.2bn | ¥1.6bn | ¥2.0bn | ¥2.7bn | ¥3.5bn | ¥4.2bn | ¥4.9bn | ¥5.4bn | ¥5.8bn | ¥4.7bn | ¥7.7bn | ¥13bn | ¥15bn | ¥21bn | ¥26bn | ¥25bn | ¥25bn | ¥26bn | ¥31bn | ¥36bn | ¥41bn | ¥29bn | ¥28bn | ¥63bn | ¥61bn | ¥42bn | ¥27bn | ¥37bn | ¥7.4bn | ¥50bn | ¥71bn | ¥71bn | ¥59bn | ¥62bn | ¥61bn | ¥72bn | ¥111bn | ¥110bn | ¥133bn | ¥170bn | ¥205bn | ¥244bn | -¥84bn | ¥73bn | ¥143bn | ¥89bn | ¥182bn | ¥287bn | ¥293bn | ¥244bn | ¥258bn | ¥321bn | ¥255bn | ¥68bn | ¥125bn | ¥264bn | ¥315bn | ¥313bn | ¥419bn | ¥444bn |
| YoY | % | — | — | +36.1% | +76.5% | -0.6% | +0.6% | +63.0% | +37.9% | +1.3% | +40.1% | +69.4% | +26.6% | +7.9% | -4.5% | -7.5% | +8.8% | +26.9% | +30.4% | +31.7% | +32.1% | +18.6% | +16.7% | +10.2% | +7.4% | -19.0% | +63.8% | +71.4% | +16.7% | +35.1% | +25.0% | -5.8% | +1.2% | +6.0% | +17.9% | +15.8% | +15.0% | -30.5% | -3.1% | — | -3.7% | -31.0% | -35.1% | +36.8% | -80.1% | +573.0% | +43.2% | -0.3% | -17.2% | +5.1% | -1.9% | +19.1% | +53.5% | -0.9% | +20.5% | +27.9% | +20.9% | +19.2% | -134.4% | — | +94.8% | -37.6% | +103.6% | +58.2% | +2.0% | -16.7% | +5.5% | +24.4% | -20.6% | -73.3% | +83.8% | +111.1% | +19.2% | -0.6% | +34.0% | +5.9% |
| Operating margin | % | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 8.4% | 8.4% | 8.7% | -1.2% | 4.6% | 6.0% | 5.1% | 7.3% | 9.2% | 7.7% | 7.0% | 7.3% | 8.1% | 5.9% | 1.2% | 3.1% | 6.2% | 6.7% | 5.3% | 7.2% | 7.3% |
| Net margin | % | -0.2% | 9.5% | 8.5% | 10.9% | 9.8% | 9.4% | 8.4% | 8.3% | 8.3% | 8.2% | 8.5% | 8.4% | 8.5% | 6.2% | 4.5% | 4.4% | 4.6% | 4.6% | 4.5% | 4.6% | 4.5% | 4.3% | 4.3% | 3.5% | 2.3% | 3.4% | 4.8% | 4.6% | 5.3% | 5.7% | 4.7% | 4.3% | 4.3% | 4.5% | 4.5% | 4.5% | 3.0% | 2.8% | 4.2% | 4.1% | 2.7% | 1.9% | 2.6% | 2.2% | 3.5% | 4.4% | 4.3% | 3.3% | 3.3% | 3.0% | 3.0% | 4.8% | 4.3% | 4.7% | 5.3% | 5.7% | 6.1% | -2.7% | 2.5% | 4.6% | 2.8% | 5.1% | 7.0% | 6.8% | 5.4% | 5.7% | 6.3% | 4.7% | 1.3% | 2.5% | 4.8% | 4.9% | 4.4% | 5.9% | 5.9% |
- *1 Kaisha Nenkan (Company Yearbook)
- *2 Kaisha Nenkan (Company Yearbook), 1976 edition
- *3 Kaisha Nenkan (Company Yearbook), 1986 edition
- *4 投資月報37(10)
- *5 ヤノレポート(793)
- *6 投資月報45(7)
- *7 Securities report
Cost structure Cost of sales SG&A Other operating costs Operating profit Operating margin
Where each yen of revenue goes — cost of sales, SG&A and what is left as operating profit (¥ bn, stacked)
| Fiscal year | Unit | 2006 *1 FYE Mar | 2007 *1 FYE Mar | 2008 *1 FYE Mar | 2009 *1 FYE Mar | 2010 *1 FYE Mar | 2011 *1 FYE Mar | 2012 *1 FYE Mar | 2013 *1 FYE Mar | 2014 *1 FYE Mar | 2015 *1 FYE Mar | 2016 *1 FYE Mar | 2017 *1 FYE Mar | 2018 *1 FYE Mar | 2019 *1 FYE Mar | 2020 *1 FYE Mar | 2021 *1 FYE Mar | 2022 *1 FYE Mar | 2023 *1 FYE Mar | 2024 *1 FYE Mar | 2025 *1 FYE Mar | 2026 *1 FYE Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | JPY | ¥3.19tn | ¥3.61tn | ¥4.03tn | ¥3.14tn | ¥2.98tn | ¥3.13tn | ¥3.15tn | ¥3.58tn | ¥4.10tn | ¥4.31tn | ¥4.52tn | ¥4.53tn | ¥5.11tn | ¥5.36tn | ¥5.15tn | ¥4.94tn | ¥5.52tn | ¥6.40tn | ¥7.14tn | ¥7.16tn | ¥7.54tn |
| YoY | % | — | +13.2% | +11.5% | -21.9% | -5.3% | +5.2% | +0.7% | +13.5% | +14.4% | +5.2% | +5.0% | +0.1% | +12.8% | +5.0% | -3.9% | -4.2% | +11.7% | +16.1% | +11.6% | +0.2% | +5.3% |
| Cost of sales | JPY | ¥2.62tn | ¥2.99tn | ¥3.31tn | ¥2.85tn | ¥2.56tn | ¥2.66tn | ¥2.72tn | ¥3.01tn | ¥3.34tn | ¥3.55tn | ¥3.75tn | ¥3.77tn | ¥4.25tn | ¥4.53tn | ¥4.42tn | ¥4.28tn | ¥4.71tn | ¥5.49tn | ¥6.05tn | ¥6.06tn | ¥6.37tn |
| SG&A | JPY | ¥299bn | ¥316bn | ¥362bn | ¥329bn | ¥280bn | ¥281bn | ¥274bn | ¥311bn | ¥376bn | ¥399bn | ¥412bn | ¥431bn | ¥448bn | ¥513bn | ¥669bn | ¥514bn | ¥460bn | ¥490bn | ¥715bn | ¥605bn | ¥599bn |
| Other operating costs | JPY | — | — | — | — | — | — | — | — | — | — | ¥49bn | — | ¥495bn | — | — | — | — | ¥354bn | ¥219bn | — | ¥18bn |
| Operating profit | JPY | ¥267bn | ¥303bn | ¥349bn | -¥37bn | ¥137bn | ¥188bn | ¥161bn | ¥262bn | ¥378bn | ¥331bn | ¥316bn | ¥331bn | ¥413bn | ¥316bn | ¥61bn | ¥155bn | ¥341bn | ¥426bn | ¥381bn | ¥519bn | ¥553bn |
| YoY | % | — | +13.7% | +15.0% | -110.7% | — | +37.8% | -14.7% | +63.2% | +44.0% | -12.3% | -4.7% | +4.7% | +24.8% | -23.4% | -80.7% | +153.9% | +120.0% | +24.9% | -10.7% | +36.4% | +6.5% |
| Operating margin | % | 8.4% | 8.4% | 8.7% | -1.2% | 4.6% | 6.0% | 5.1% | 7.3% | 9.2% | 7.7% | 7.0% | 7.3% | 8.1% | 5.9% | 1.2% | 3.1% | 6.2% | 6.7% | 5.3% | 7.2% | 7.3% |
| Change | pp | — | 0.0pp | +0.3pp | -9.9pp | +5.8pp | +1.4pp | -0.9pp | +2.2pp | +1.9pp | -1.5pp | -0.7pp | +0.3pp | +0.8pp | -2.2pp | -4.7pp | +1.9pp | +3.1pp | +0.5pp | -1.4pp | +1.9pp | +0.1pp |
- *1 Securities report (yuka shoken hokokusho), as filed
Balance sheet Total assets Equity Interest-bearing debt Equity ratio
Total assets, equity and interest-bearing debt (¥ bn), with the equity ratio (%)
| Fiscal year | Unit | 2005 *1 FYE Mar | 2006 *1 FYE Mar | 2007 *1 FYE Mar | 2008 *1 FYE Mar | 2009 *1 FYE Mar | 2010 *1 FYE Mar | 2011 *1 FYE Mar | 2012 *1 FYE Mar | 2013 *1 FYE Mar | 2014 *1 FYE Mar | 2015 *1 FYE Mar | 2016 *1 FYE Mar | 2017 *1 FYE Mar | 2018 *1 FYE Mar | 2019 *1 FYE Mar | 2020 *1 FYE Mar | 2021 *1 FYE Mar | 2022 *1 FYE Mar | 2023 *1 FYE Mar | 2024 *1 FYE Mar | 2025 *1 FYE Mar | 2026 *1 FYE Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | JPY | ¥2.78tn | ¥3.41tn | ¥3.77tn | ¥3.64tn | ¥3.02tn | ¥3.36tn | ¥3.38tn | ¥3.61tn | ¥3.98tn | ¥4.44tn | ¥5.03tn | ¥5.04tn | ¥5.15tn | ¥5.76tn | ¥5.79tn | ¥5.65tn | ¥6.77tn | ¥7.43tn | ¥7.41tn | ¥9.09tn | ¥8.13tn | ¥8.73tn |
| YoY | % | — | +22.7% | +10.4% | -3.2% | -17.2% | +11.5% | +0.5% | +6.7% | +10.3% | +11.6% | +13.3% | +0.2% | +2.1% | +11.9% | +0.5% | -2.4% | +19.7% | +9.8% | -0.3% | +22.7% | -10.6% | +7.5% |
| Equity | JPY | ¥1.64tn | ¥1.97tn | ¥1.79tn | ¥1.98tn | ¥1.83tn | ¥1.88tn | ¥1.96tn | ¥2.12tn | ¥2.43tn | ¥2.82tn | ¥3.34tn | ¥3.12tn | ¥3.31tn | ¥3.42tn | ¥3.42tn | ¥3.24tn | ¥3.71tn | ¥4.11tn | ¥4.17tn | ¥5.32tn | ¥4.77tn | ¥5.27tn |
| YoY | % | — | +19.9% | -9.4% | +11.1% | -7.7% | +2.9% | +4.2% | +7.9% | +14.6% | +16.3% | +18.4% | -6.5% | +6.1% | +3.3% | 0.0% | -5.4% | +14.5% | +10.9% | +1.6% | +27.5% | -10.4% | +10.5% |
| Interest-bearing debt | JPY | ¥100bn | ¥206bn | ¥287bn | ¥211bn | ¥357bn | ¥409bn | ¥400bn | ¥523bn | ¥508bn | ¥436bn | ¥447bn | ¥477bn | ¥350bn | ¥474bn | ¥550bn | ¥465bn | ¥854bn | ¥991bn | ¥889bn | ¥851bn | ¥699bn | ¥811bn |
| Equity ratio | % | 59.1% | 57.7% | 47.4% | 54.4% | 60.6% | 56.0% | 58.1% | 58.7% | 61.0% | 63.6% | 66.4% | 61.9% | 64.3% | 59.4% | 59.1% | 57.2% | 54.8% | 55.3% | 56.3% | 58.5% | 58.7% | 60.4% |
| Change | pp | — | -1.4pp | -10.3pp | +7.0pp | +6.2pp | -4.6pp | +2.1pp | +0.6pp | +2.3pp | +2.6pp | +2.8pp | -4.5pp | +2.4pp | -4.9pp | -0.3pp | -1.9pp | -2.4pp | +0.5pp | +1.0pp | +2.2pp | +0.2pp | +1.7pp |
- *1 Securities report (yuka shoken hokokusho), as filed
Cash flow Operating CF Investing CF Financing CF
Cash generated by operations, spent on investment and raised or repaid in financing (¥ bn)
| Fiscal year | Unit | 2002 *1 FYE Mar | 2003 *1 FYE Mar | 2004 *1 FYE Mar | 2005 *1 FYE Mar | 2006 *1 FYE Mar | 2007 *1 FYE Mar | 2008 *1 FYE Mar | 2009 *1 FYE Mar | 2010 *1 FYE Mar | 2011 *1 FYE Mar | 2012 *1 FYE Mar | 2013 *1 FYE Mar | 2014 *1 FYE Mar | 2015 *1 FYE Mar | 2016 *1 FYE Mar | 2017 *1 FYE Mar | 2018 *1 FYE Mar | 2019 *1 FYE Mar | 2020 *1 FYE Mar | 2021 *1 FYE Mar | 2022 *1 FYE Mar | 2023 *1 FYE Mar | 2024 *1 FYE Mar | 2025 *1 FYE Mar | 2026 *1 FYE Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | JPY | ¥207bn | ¥267bn | ¥232bn | ¥273bn | ¥369bn | ¥407bn | ¥573bn | ¥210bn | ¥357bn | ¥396bn | ¥177bn | ¥375bn | ¥463bn | ¥374bn | ¥553bn | ¥468bn | ¥558bn | ¥533bn | ¥595bn | ¥437bn | ¥396bn | ¥603bn | ¥962bn | ¥759bn | ¥511bn |
| YoY | % | — | +29.4% | -13.3% | +18.0% | +34.9% | +10.3% | +40.9% | -63.3% | +70.1% | +10.7% | -55.3% | +112.1% | +23.5% | -19.1% | +47.8% | -15.4% | +19.3% | -4.4% | +11.6% | -26.6% | -9.5% | +52.3% | +59.6% | -21.1% | -32.6% |
| Investing CF | JPY | -¥156bn | -¥211bn | -¥195bn | -¥269bn | -¥319bn | -¥313bn | -¥364bn | -¥234bn | -¥155bn | -¥328bn | -¥271bn | -¥269bn | -¥390bn | -¥113bn | -¥545bn | -¥108bn | -¥529bn | -¥515bn | -¥447bn | -¥396bn | -¥302bn | -¥364bn | -¥459bn | ¥122bn | -¥17bn |
| Financing CF | JPY | ¥83bn | ¥109bn | ¥49bn | -¥20bn | ¥25bn | -¥80bn | -¥122bn | ¥90bn | ¥29bn | -¥45bn | ¥79bn | -¥99bn | -¥155bn | -¥126bn | -¥105bn | -¥241bn | -¥40bn | -¥92bn | -¥241bn | ¥239bn | -¥160bn | -¥400bn | -¥497bn | -¥677bn | -¥355bn |
| Cash & equivalents | JPY | ¥278bn | ¥260bn | ¥247bn | ¥270bn | ¥314bn | ¥337bn | ¥409bn | ¥450bn | ¥682bn | ¥689bn | ¥665bn | ¥707bn | ¥642bn | ¥792bn | ¥672bn | ¥794bn | ¥783bn | ¥712bn | ¥598bn | ¥897bn | ¥868bn | ¥734bn | ¥789bn | ¥987bn | ¥1.19tn |
| YoY | % | — | -6.5% | -5.1% | +9.3% | +16.4% | +7.5% | +21.3% | +10.2% | +51.3% | +1.0% | -3.4% | +6.3% | -9.3% | +23.5% | -15.1% | +18.0% | -1.3% | -9.2% | -16.0% | +50.1% | -3.3% | -15.4% | +7.6% | +25.0% | +20.5% |
- *1 Securities report (yuka shoken hokokusho), as filed
Key ratios Operating margin Net margin ROE Equity ratio
Profitability and balance-sheet strength (%). ROE uses year-end equity.
| Fiscal year | Unit | 2002 *1 FYE Mar | 2003 *1 FYE Mar | 2004 *1 FYE Mar | 2005 *1 FYE Mar | 2006 *1 FYE Mar | 2007 *1 FYE Mar | 2008 *1 FYE Mar | 2009 *1 FYE Mar | 2010 *1 FYE Mar | 2011 *1 FYE Mar | 2012 *1 FYE Mar | 2013 *1 FYE Mar | 2014 *1 FYE Mar | 2015 *1 FYE Mar | 2016 *1 FYE Mar | 2017 *1 FYE Mar | 2018 *1 FYE Mar | 2019 *1 FYE Mar | 2020 *1 FYE Mar | 2021 *1 FYE Mar | 2022 *1 FYE Mar | 2023 *1 FYE Mar | 2024 *1 FYE Mar | 2025 *1 FYE Mar | 2026 *1 FYE Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | % | — | — | — | — | 8.4% | 8.4% | 8.7% | -1.2% | 4.6% | 6.0% | 5.1% | 7.3% | 9.2% | 7.7% | 7.0% | 7.3% | 8.1% | 5.9% | 1.2% | 3.1% | 6.2% | 6.7% | 5.3% | 7.2% | 7.3% |
| Change | pp | — | — | — | — | — | 0.0pp | +0.3pp | -9.9pp | +5.8pp | +1.4pp | -0.9pp | +2.2pp | +1.9pp | -1.5pp | -0.7pp | +0.3pp | +0.8pp | -2.2pp | -4.7pp | +1.9pp | +3.1pp | +0.5pp | -1.4pp | +1.9pp | +0.1pp |
| Net margin | % | 3.0% | 4.8% | 4.3% | 4.7% | 5.3% | 5.7% | 6.1% | -2.7% | 2.5% | 4.6% | 2.8% | 5.1% | 7.0% | 6.8% | 5.4% | 5.7% | 6.3% | 4.7% | 1.3% | 2.5% | 4.8% | 4.9% | 4.4% | 5.9% | 5.9% |
| Change | pp | — | +1.8pp | -0.5pp | +0.4pp | +0.6pp | +0.4pp | +0.4pp | -8.8pp | +5.2pp | +2.1pp | -1.8pp | +2.3pp | +1.9pp | -0.2pp | -1.4pp | +0.3pp | +0.6pp | -1.6pp | -3.4pp | +1.2pp | +2.3pp | +0.1pp | -0.5pp | +1.5pp | 0.0pp |
| ROE | % | — | — | — | 8.1% | 8.6% | 11.5% | 12.3% | -4.6% | 3.9% | 7.3% | 4.2% | 7.5% | 10.2% | 8.8% | 7.8% | 7.8% | 9.4% | 7.4% | 2.1% | 3.4% | 6.4% | 7.5% | 5.9% | 8.8% | 8.4% |
| Change | pp | — | — | — | — | +0.5pp | +2.9pp | +0.8pp | -16.9pp | +8.5pp | +3.4pp | -3.1pp | +3.3pp | +2.7pp | -1.4pp | -1.0pp | 0.0pp | +1.6pp | -2.0pp | -5.3pp | +1.3pp | +3.0pp | +1.1pp | -1.6pp | +2.9pp | -0.4pp |
| Equity ratio | % | — | — | — | 59.1% | 57.7% | 47.4% | 54.4% | 60.6% | 56.0% | 58.1% | 58.7% | 61.0% | 63.6% | 66.4% | 61.9% | 64.3% | 59.4% | 59.1% | 57.2% | 54.8% | 55.3% | 56.3% | 58.5% | 58.7% | 60.4% |
| Change | pp | — | — | — | — | -1.4pp | -10.3pp | +7.0pp | +6.2pp | -4.6pp | +2.1pp | +0.6pp | +2.3pp | +2.6pp | +2.8pp | -4.5pp | +2.4pp | -4.9pp | -0.3pp | -1.9pp | -2.4pp | +0.5pp | +1.0pp | +2.2pp | +0.2pp | +1.7pp |
- *1 Securities report (yuka shoken hokokusho), as filed
Reporting basis
Which accounting standard each fiscal year was filed under. Figures are not strictly comparable across a change of standard.
| Fiscal year | Unit | 2001 *1 FYE Mar | 2002 *1 FYE Mar | 2003 *1 FYE Mar | 2004 *1 FYE Mar | 2005 *1 FYE Mar | 2006 *1 FYE Mar | 2007 *1 FYE Mar | 2008 *1 FYE Mar | 2009 *1 FYE Mar | 2010 *1 FYE Mar | 2011 *1 FYE Mar | 2012 *1 FYE Mar | 2013 *1 FYE Mar | 2014 *1 FYE Mar | 2015 *1 FYE Mar | 2016 *1 FYE Mar | 2017 *1 FYE Mar | 2018 *1 FYE Mar | 2019 *1 FYE Mar | 2020 *1 FYE Mar | 2021 *1 FYE Mar | 2022 *1 FYE Mar | 2023 *1 FYE Mar | 2024 *1 FYE Mar | 2025 *1 FYE Mar | 2026 *1 FYE Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Standard | JGAAP | JGAAP | JGAAP | JGAAP | JGAAP | JGAAP | JGAAP | JGAAP | JGAAP | JGAAP | JGAAP | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | |
| Basis | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
- *1 Securities report (yuka shoken hokokusho), as filed
Yen–dollar exchange rate ¥ per US$1
Annual average, yen per one US dollar. Every figure above is in yen as filed — convert one using the rate of its own year, never today's. A higher line is a weaker yen.
| Fiscal year | Unit | 1949 *1 Cal. year | 1950 *1 Cal. year | 1951 *1 Cal. year | 1952 *1 Cal. year | 1953 *1 Cal. year | 1954 *1 Cal. year | 1955 *1 Cal. year | 1956 *1 Cal. year | 1957 *1 Cal. year | 1958 *1 Cal. year | 1959 *1 Cal. year | 1960 *1 Cal. year | 1961 *1 Cal. year | 1962 *1 Cal. year | 1963 *1 Cal. year | 1964 *1 Cal. year | 1965 *1 Cal. year | 1966 *1 Cal. year | 1967 *1 Cal. year | 1968 *1 Cal. year | 1969 *1 Cal. year | 1970 *1 Cal. year | 1971 *1 Cal. year | 1972 *2 Cal. year | 1973 *3 Cal. year | 1974 *3 Cal. year | 1975 *3 Cal. year | 1976 *3 Cal. year | 1977 *3 Cal. year | 1978 *3 Cal. year | 1979 *3 Cal. year | 1980 *4 Cal. year | 1981 *4 Cal. year | 1982 *4 Cal. year | 1983 *4 Cal. year | 1984 *4 Cal. year | 1985 *4 Cal. year | 1986 *4 Cal. year | 1987 *4 Cal. year | 1988 *4 Cal. year | 1989 *4 Cal. year | 1990 *4 Cal. year | 1991 *4 Cal. year | 1992 *4 Cal. year | 1993 *4 Cal. year | 1994 *4 Cal. year | 1995 *4 Cal. year | 1996 *4 Cal. year | 1997 *4 Cal. year | 1998 *4 Cal. year | 1999 *4 Cal. year | 2000 *4 Cal. year | 2001 *4 Cal. year | 2002 *4 Cal. year | 2003 *4 Cal. year | 2004 *4 Cal. year | 2005 *4 Cal. year | 2006 *4 Cal. year | 2007 *4 Cal. year | 2008 *4 Cal. year | 2009 *4 Cal. year | 2010 *4 Cal. year | 2011 *4 Cal. year | 2012 *4 Cal. year | 2013 *4 Cal. year | 2014 *4 Cal. year | 2015 *4 Cal. year | 2016 *4 Cal. year | 2017 *4 Cal. year | 2018 *4 Cal. year | 2019 *4 Cal. year | 2020 *4 Cal. year | 2021 *4 Cal. year | 2022 *4 Cal. year | 2023 *4 Cal. year | 2024 *4 Cal. year | 2025 *4 Cal. year | 2026 *4,5 Cal. year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rate | ¥/US$ | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥308.00 | ¥274.00 | ¥293.00 | ¥299.00 | ¥292.00 | ¥257.00 | ¥201.00 | ¥230.00 | ¥226.69 | ¥220.55 | ¥249.06 | ¥237.48 | ¥237.53 | ¥238.53 | ¥168.52 | ¥144.60 | ¥128.13 | ¥137.98 | ¥144.81 | ¥134.51 | ¥126.67 | ¥111.18 | ¥102.22 | ¥94.05 | ¥108.77 | ¥121.02 | ¥130.89 | ¥113.84 | ¥107.74 | ¥121.52 | ¥125.28 | ¥115.92 | ¥108.16 | ¥110.15 | ¥116.28 | ¥117.77 | ¥103.33 | ¥93.53 | ¥87.77 | ¥79.78 | ¥79.79 | ¥97.60 | ¥105.84 | ¥121.02 | ¥108.84 | ¥112.16 | ¥110.40 | ¥109.01 | ¥106.78 | ¥109.78 | ¥131.37 | ¥140.51 | ¥151.50 | ¥149.65 | ¥158.16 |
| YoY | % | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -14.4% | -11.0% | +6.9% | +2.0% | -2.3% | -12.0% | -21.8% | +14.4% | -1.4% | -2.7% | +12.9% | -4.6% | 0.0% | +0.4% | -29.4% | -14.2% | -11.4% | +7.7% | +4.9% | -7.1% | -5.8% | -12.2% | -8.1% | -8.0% | +15.7% | +11.3% | +8.2% | -13.0% | -5.4% | +12.8% | +3.1% | -7.5% | -6.7% | +1.8% | +5.6% | +1.3% | -12.3% | -9.5% | -6.2% | -9.1% | 0.0% | +22.3% | +8.4% | +14.3% | -10.1% | +3.1% | -1.6% | -1.3% | -2.0% | +2.8% | +19.7% | +7.0% | +7.8% | -1.2% | +5.7% |
- *1 1949-1971: Fixed Bretton Woods peg ¥360/$ (Dodge Line 1949; Smithsonian ¥308 from Dec 1971).
- *2 1972: Smithsonian peg ¥308/$ (held until Feb 1973 float).
- *3 1973-1979: JIL (Japan Institute for Labour Policy and Training) g0001.xlsx — fiscal-year (Apr–Mar) basis, integer-rounded. PROVISIONAL; upgrade to BOJ FXERM07 calendar-year later.
- *4 1980-2026: Bank of Japan stat-search FM08'FXERM07 (Tokyo market, USD/JPY spot, 17:00 fixing, monthly average) — calendar-year average of monthly averages.
- *5 Provisional — part-year average, not a full calendar year.
All figures are in Japanese yen as filed. Where a foreign-currency comparison is needed elsewhere on this site, yen amounts are converted at the average rate of each figure's own year — not today's rate. Exchange rates & sources →
Read the company history → 日本語版（詳細）— full financial data in Japanese →
Disclaimer
- This page is provided for general information only and is not investment advice, nor a recommendation to buy or sell any security.
- Figures are compiled independently and include our own estimates, approximations and machine-processed data; we make no warranty as to their accuracy or completeness.
- Sources are primarily each company's securities reports and other public filings, but errors and omissions may remain.
- Any use of this information is at the reader's own risk. Past performance does not indicate future results.
- Company names, logos and other marks belong to their respective owners.
Data API
Denso’s history, financials, executives and
shareholders are published as static JSON — no key, plain GET.
| Method | Endpoint | Returns |
|---|---|---|
| GET | /api/companies.json | All companies |
| GET | /api/6902/manifest.json | Resource index |
| GET | /api/6902/history.json | History overview |
| GET | /api/6902/timeline.json | Chronology |
| GET | /api/decisions.json | All management decisions (index) |
| GET | /api/6902/decisions.json | Management decisions (index) |
| GET | /api/6902/decisions/{slug}.json | One decision (full dossier) |
| GET | /api/6902/executives.json | Executives |
| GET | /api/6902/shareholders.json | Major shareholders |
| GET | /api/6902/financials.json | Financial statements |
| GET | /api/6902/financials-longterm.json | Long-term results |
| GET | /api/6902/segments.json | Business segments |
| GET | /api/6902/regions.json | Sales by region |
| GET | /api/6902/workforce.json | Workforce |