Denso ends Niterra transfer: Denso stock sits 21.91 percent below high

Published on 10/07/2026 at 07:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-quarter revenue rose 9.10 percent to JPY 1.91 trillion. Denso stock sits 12.50 percent below a JPY 2,117.80 target.

Denso, JP3551500006, Illustration mit AI erstellt.

Denso (JP3551500006) stock stood at JPY 1,853.00 on the Tokyo Stock Exchange on October 6, 2026, 21.91 percent below its JPY 2,373.00 52-week high. The company also terminated its planned transfer of spark plug and exhaust sensor operations to Niterra on October 2, 2026.

Denso keeps combustion parts

Automotive World reports that Denso and Niterra agreed to end the transfer agreement after Denso cited stronger than expected demand for combustion-engine technology. The deal covered spark plugs and oxygen and air-fuel ratio sensors, while Denso said electrification was still progressing at different speeds across regions.

DENSO listed the October 2 announcement among its investor updates. The decision keeps a legacy business inside the group while vehicle makers continue balancing combustion, hybrid and electric powertrains.

Revenue rises as profit contracts

In fiscal 2027 first quarter, revenue increased 9.10 percent year over year to JPY 1.91 trillion, while operating profit decreased 21.50 percent to JPY 82.43 billion from JPY 107.20 billion in the prior-year quarter, according to US Stock Map. The 4.40 percent operating margin was below the 6.10 percent recorded in the comparable quarter.

The company forecast fiscal 2027 revenue of JPY 7.75 trillion, up 2.80 percent from the prior fiscal year, and operating profit of JPY 500.00 billion, down 9.50 percent. That contrast gives the Niterra decision a financial context: sales are expanding, but cost pressure and investment are weighing on profitability.

Target remains above the stock

Investing.com lists an average 12-month analyst target of JPY 2,117.80 and a consensus of 7 Buy, 9 Hold and 2 Sell ratings as of October 6, 2026. Relative to the JPY 1,853.00 Tokyo price, that target is 14.29 percent higher, while the stock is 12.50 percent below the target.

Denso's market capitalization was JPY 4.6 trillion as of October 7, 2026. The company schedules its fiscal 2027 second-quarter results for October 29, 2026, according to its investor calendar.

Next results arrive October 29

The prior close at Lang & Schwarz was EUR 10.39 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Denso stock.