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An announcement from DENSO ( (JP:6902) ) is now available.
DENSO Corporation has revised its consolidated full-year financial results forecast, reflecting a slight increase in revenue due to the depreciation of the yen. The updated forecast shows a 1% increase in revenue, while the operating profit and other financial metrics remain unchanged. This adjustment indicates the company’s responsiveness to currency fluctuations, impacting its financial outlook and potentially affecting stakeholders’ expectations.
More about DENSO
DENSO Corporation operates in the automotive industry, primarily focusing on the manufacturing of advanced automotive technology, systems, and components. The company is listed on the Tokyo and Nagoya Stock Exchanges and is a key player in the global automotive sector.
YTD Price Performance: -4.58%
Average Trading Volume: 3,734
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $37.38B
For an in-depth examination of 6902 stock, go to TipRanks’ Stock Analysis page.