TOP PAGE
ENGLISH
JAPANESE
|
CONNECT WITH US:
Home
About
Services
Contact
Log in
*
Home
Press release
Apr 24, 2020 16:10 JST
Source:
Denso
DENSO Announces Revision of its Financial Result Forecast
KARIYA, JAPAN, Apr 24, 2020 - (JCN Newswire) - DENSO, the world's second largest mobility supplier, today announced revised down of its financial result forecast for fiscal year 2019, ending March 31, 2020.
Due to factors such as the Reserve for warranty and the impact of the COVID-19 outbreak, Revenue, Operating profit, Profit before income taxes, net income, and Profit attributable to owners of the parent company will be revised down as described above.
The impact of the COVID-19 outbreak is the deterioration of operating efficiency due to plant shutdowns and production adjustments.
(Foreign exchange rates used for the full-year are US$=109 yen, Euro=121 yen)
(Notes)
The above forecasts are created based on the information obtained by the date of this announcement and the actual results may differ due to various causes in the future. U.S. dollar amounts have been translated, for convenience only, at the rate of 108.83 yen = US$1, the approximate exchange rate prevailing in the Tokyo Foreign Exchange Market March 31, 2020. Billion is used in the American sense of one thousand million.
Source: Denso
Sectors: Automotive
Copyright ©2026 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
Related Press Release
DENSO Invests in Next Core Technologies to Enhance Performance of Electric Vehicles
March 19 2026 13:25 JST
DENSO Announces Third Quarter Financial Results
February 03 2026 18:36 JST
DENSO to Promote Standardization of Automotive Software as an AUTOSAR Core Partner
January 19 2026 15:00 JST
DENSO and DELPHY Sign Joint Development Agreement to Accelerate Data-Driven Smart Horticulture
November 19 2025 22:41 JST
DENSO Hosted a Press Briefing at JAPAN MOBILITY SHOW 2025
October 30 2025 16:29 JST
DENSO to Exhibit at JAPAN MOBILITY SHOW 2025
October 16 2025 21:53 JST
DENSO's Electrification Products Adopted for TOYOTA's New "bZ4X"
October 10 2025 23:21 JST
Newly developed eAxle adopted for TOYOTA's new "bZ4X"
October 10 2025 23:08 JST
DENSO and TUV Rheinland Japan Sign Memorandum of Understanding to Realize Sustainable Product Development and to Promote Digital Product Passport
September 29 2025 14:22 JST
JERA and DENSO Begin Japan's First Demonstration of SOEC Hydrogen Production at a JERA Thermal Power Station
September 25 2025 17:02 JST
More Press release >>
Latest Press Release
MHI Innovative Combustion Dynamics Laboratory is Established at Kyoto University with the Aim of Developing and Socially Implementing World-Leading Technology
Mar 30, 2026 12:53 JST
Fujitsu launches generative AI service that analyzes source code and automatically generates design documents
Mar 30, 2026 10:41 JST
Application Submitted for LENVIMA(R) (lenvatinib) in Japan Seeking Approval of Additional Dosage and Administration for Combination with WELIREG(R) (belzutifan) for Renal Cell Carcinoma that has Progressed After Chemotherapy
Mar 27, 2026 20:14 JST
Hitachi and MUFG Bank expand NextGen model to finance vehicles and charging infrastructure for decarbonized mobility
Mar 27, 2026 19:44 JST
Eisai and Nuvation Bio Announce Marketing Authorisation Application for Taletrectinib for the Treatment of Advanced ROS1-Positive Non-Small Cell Lung Cancer Validated by the European Medicines Agency
Mar 27, 2026 18:19 JST
New "L00 Series" Train for the Seibu Railway's Yamaguchi Line Begins Commercial Operation
Mar 27, 2026 16:51 JST
Fujitsu develops high-sensitivity, high-resolution infrared sensor to expand monitoring capabilities in defense and disaster prevention
Mar 27, 2026 14:07 JST
Sharp Develops Long-Range Video Monitoring Technology
Mar 26, 2026 22:39 JST
OKI and Hitachi Agree to Integrate Businesses Related to Automated Teller Machines (ATMs) and Other Automated Equipment
Mar 26, 2026 22:10 JST
Casa Minerals Receives Extensive Historic Drill Database from Congress Gold Mine Project; Desktop Technical Studies Define Three Priority Exploration Zones Ahead of 2026 Drilling Season
Mar 26, 2026 18:29 JST
Hitachi Rail to manufacture rolling stock for Seibu Railway"s new Fine Dining Train
Mar 26, 2026 15:13 JST
Royal Healthcare in Singapore provides NEC's "FonesVisuas Test" for Disease Risk Prediction
Mar 26, 2026 11:21 JST
MHI-AP Awarded Boiler Retrofit Contract for Waste-to-Energy Facility in Singapore
Mar 26, 2026 11:07 JST
Aleen Inc. Introduces Biomarker Data Layer in Personal Wellness Account
Mar 26, 2026 00:28 JST
Sumitomo Heavy Industries and NEC to develop system capable of identifying and reporting near-miss incidents
Mar 25, 2026 14:27 JST
NEC Orchestrating Future Fund Invests in U.S.-based AGI7, Provider of "Alpha Vision" Platform for Autonomous Operations of AI Agents in Physical Spaces
Mar 25, 2026 13:17 JST
Fujitsu and The University of Osaka develop new technologies for chemical material energy calculations on early-FTQC quantum computers
Mar 25, 2026 10:58 JST
HIES introduces plant-based lubricant that reduces air compressor lifecycle CO(2) emissions by 40%
Mar 24, 2026 18:07 JST
Fujitsu and Umios conduct joint pilot project for electronic traceability system to visualize seafood distribution
Mar 24, 2026 14:01 JST
Fujitsu-developed traffic simulation system utilized in Maebashi City's public transportation planning
Mar 23, 2026 14:24 JST
More Latest Release >>