DENSO reports Q1 2022 net sales at USD10.37 billion, up 4.3% y/y

Financial results

Net income for the period was JPY53.91 billion

DENSO has reported first-quarter net sales at JPY1,415 billion (USD10.37) billion with year-on-year (y/y) growth of 4.3% compared with JPY1,356,866 billion in the first quarter of 2021 for the three months ended 30 June 2022, according to a filing by the company on 29 July 2022. Operating income for the first quarter was JPY63.64 billion compared with JPY107.18 billion in the first quarter of 2021.

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