KK Denso

6902

Equity

ISIN JP3551500006 / Valor 494454

Tokyo Stock Exchange (2024-09-18)

JPY 2,025.00+0.67%

KK Denso
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About company

KK Denso, a global Fortune 500 company, operates at the forefront of the advanced mobility sector, aiming to revolutionize the way the world moves. With a broad product portfolio that spans across various aspects of the automotive industry, Denso has established itself as a key player in developing innovative solutions to meet the evolving needs of society. The company's influence extends across the globe, underpinning its status as a mega supplier within the industry. Denso's commitment to sustainable management is evident in its strategic focus on balancing profitability with societal contributions. Specifically, the company has identified 15 priorities across three critical areas: environment, security, and corporate infrastructure. These priorities guide Denso's efforts to address some of the most pressing challenges facing society today, while also ensuring the company's operations contribute positively to global well-being. Through its comprehensive approach to innovation and sustainability, Denso is not just a participant in the automotive industry but a driving force towards a more efficient and secure future.

Summarized from source with an LLMView SourceSector: Consumer Cyclicals

Revenue Growth

KK Denso reported a significant increase in revenue for the fiscal year ended March 31, 2024. The company's revenue grew by 11.6% year-over-year, reaching ¥7,144.7 billion. This growth was primarily driven by strong vehicle sales, particularly in Japan and North America.

Operating Profit

For the fiscal year ended March 31, 2024, KK Denso's operating profit saw a decline. The operating profit decreased by 10.7% year-over-year, amounting to ¥380.6 billion. This decline was attributed to increased costs and investments in new technologies.

Net Profit

KK Denso's profit attributable to owners of the parent company for the fiscal year ended March 31, 2024, was ¥312.8 billion. This represents a slight decrease of 0.6% compared to the previous fiscal year. The company faced challenges such as global inflation and geopolitical tensions, which impacted its net profit.

Dividends

KK Denso announced an annual dividend of ¥185.00 per share for the fiscal year ended March 31, 2024. This includes a second quarter-end dividend of ¥100.00 and a fiscal year-end dividend of ¥30.00. The total amount of dividends paid was ¥162,215 million, reflecting a payout ratio of 52.4%.

Future Outlook

Looking ahead, KK Denso has provided a positive outlook for the fiscal year ending March 31, 2025. The company forecasts a revenue of ¥7,350,000 million, representing a 2.9% increase. Additionally, the operating profit is expected to rise significantly by 87.6%, reaching ¥714,000 million, indicating strong confidence in future growth and profitability.

Summarized from source with an LLMView Source

Key figures

-21.2%1Y

3.28%3Y

66.9%5Y

Performance

36.6%1Y

32.0%3Y

32.2%5Y

Volatility