Based on recent business performance trends and other factors, DENSO CORPORATION (the “Company”) hereby announces that the Company has revised the consolidated full-year financial results forecast announced on July 31, 2024, as follows.
1. Revisions to consolidated full-year financial results forecast for the current fiscal year (From April 1, 2024 to March 31, 2025)
Revenue
Operating profit
Profit before income taxes
Profit for the year
Profit attributable to owners of the parent company
Basic earnings per share
Previously announced forecasts (A)
Millions of yen
7,330,000
Millions of yen
692,000
Millions of yen
745,000
Millions of yen
578,000
Millions of yen
525,000
Yen 180.36
Revised forecasts (B)
7,020,000
550,000
609,000
476,000
437,000
152.49
Change (B-A)
(310,000)
(142,000)
(136,000)
(102,000)
(88,000)
Change (%)
(4.2%)
(20.5%)
(18.3%)
(17.6%)
(16.8%)
(Reference) Actual consolidated results for the previous fiscal year (Fiscal year ended March 31, 2024)
7,144,733
380,599
436,237
355,573
312,791
104.97
2. Reason for revision
The full-year forecast for the fiscal year ending March 31, 2025, due to reflecting financial results in the second quarter and lower vehicle production volumes due to slow vehicle sales in the second half, the Company revises revenue, operating profit, profit before income taxes, profit for the year and profit attributable to owners of the parent company.
From the second half onward, the exchange rate assumptions are 1 USD = 145 yen. 1EUR= 155 yen.
The above includes future forecasts based on information currently available. Actual results may differ materially from these forecasts due to changes in business operations, exchange rate fluctuations, and other internal and external factors.