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Denso’s FY2019/20 revenue declines 3.9% y/y to USD47.8 billion

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Financial results

Net profit drops 73.2% y/y

Denso has reported 3.9% y/y decline in consolidated revenue to JPY5.15 trillion in the financial year ended 31 March 2020, the company said in a press release today. Operating profit declined 80.7% y/y to JPY61.1 billion. The company also recorded 73.2% y/y drop in net profit to JPY681.billion.

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