Denso (6902) Stock Price, Fundamentals & Analysis

What 6902 does

Denso (6902) is a stock listed on the Tokyo Stock Exchange. It operates in the Consumer Cyclical sector, specifically the Auto Parts industry, and is headquartered in Kariya, Japan. The company manufactures and sells automotive parts across Japan, the Rest of Asia, North America, Europe, and internationally. Its product range includes air-conditioning systems (such as thermal management heat pump systems, heat pump air-conditioning units, and bus air-conditioning systems), power-train systems for gasoline, diesel, hybrid, electric vehicle, and fuel cell vehicles, as well as safety and cockpit systems like driving environment recognition, vehicle dynamic control, and collision safety systems. Denso is a large employer with 154,716 employees. As a component of the Nikkei 225, it sits alongside peers such as Isuzu Motors (7202) and Sumitomo Electric Industries (5802).

Key numbers explained

• The current price is 1,924 JPY, which is the latest trading price for one share.
• The trailing P/E ratio of 11.8 divides the current share price by the last twelve months of earnings per share (162.96 JPY); a lower P/E ratio can suggest the stock is priced modestly relative to recent earnings.
• The forward P/E ratio of 10 uses expected future earnings, offering a look at how the market values the company ahead of results.
• The dividend yield of 3.85% is the dividend yield, calculated as the annual dividend per share divided by the price, showing the cash return relative to the share price.
• The ex-dividend date of Sep 29, 2026 is the cutoff: buyers on or after this date do not receive the next dividend.
• 41% of earnings are paid out as dividends, a measure of how much of profit is returned to shareholders versus retained for the business.
• Beta of 0.62 indicates the stock tends to move less than the overall market; a beta below 1 often signals lower volatility.
• The 52-week range of 1,801 – 2,373 JPY shows the lowest and highest prices over the past year, with the current price near the lower end of that span.

What to watch

• Revenue growth of 9.1% year over year and revenue of 7.7T JPY reflect the company's top-line scale and recent demand trends.
• Profit margin of 5.6% and operating margin of 4.4% show how much of each yen of sales turns into profit and operating income.
• Return on equity of 9.2% measures how effectively the company uses shareholders' capital to generate earnings.
• Debt-to-equity ratio of 25.5% indicates a relatively low level of debt compared to equity, which can affect financial flexibility.
• Price-to-book of 0.94 compares the market price to the company's book value per share.
• The next earnings date of Oct 29, 2026 is the scheduled release for upcoming results, which can drive price movement.
• As a large-cap component of the Nikkei 225, the stock can be influenced by broader Japanese market trends and sector rotation.