Slide 1: FY2024 3rd Quarter Financial Results
FY2024 3rd Quarter Financial Results (2023/4-2023/12) February 2nd , 2024 DENSO CORPORATION © DENSO CORPORATION All Rights Reserved.
Slide 2: Overview of FY2024 3rd Quarter Financial Results
Overview of FY2024 3rd Quarter Financial Results 1. Revenue in the third quarter increased compared to the previous year due to the strong vehicle sales mainly in Japan and North America, foreign exchange gains and expansion of products for electrification, safety and peace of mind areas. Operating
Slide 3: FY2024 3rd Quarter Consolidated Financial Results (2023/4-2023/12)
FY2024 3rd Quarter Consolidated Financial Results (2023/4-2023/12) 【Unit : Billions of Yen、%】 (Ratio to Revenue) 2022/4-2022/12 2023/4-2023/12 Change Revenue 4,635.7 5,354.9 +719.2 +15.5% Operating Profit (5.8%) 267.9 (4.5%) 238.6 -29.4 -11.0% Profit before Income Taxes (6.4%) 298.2 (5.4%) 288.7 -9.
Slide 4: FY2024 3rd Quarter Consolidated Revenue (By Customer)
FY2024 3rd Quarter Consolidated Revenue (By Customer) (Unit: Billions of Yen) Revenue 4,635.7 ⇒ 5,354.9 (＋15.5%) [+13.1%] (vs 22/12 (9 months basis) INCR/DECR) ・Toyota group 2,328.9 ⇒ 2,817.6 (＋21.0%) [+19.7%] [vs 22/12 (9 months basis) INCR/DECR excluding FX diff.] ・Other OEMｓ 1,778.0 ⇒ 2,041.0 (＋1
Slide 5: FY2024 3rd Quarter Consolidated Revenue (By Product)
FY2024 3rd Quarter Consolidated Revenue (By Product) (Unit: Billions of Yen) (vs 22/12 (9 months basis) 5,354.9 (+15.5%) [+13.1%] INCR/DECR) Non-Automotive 121.7 [vs 22/12 (9 months basis) Business 109.1 INCR/DECR excluding FX diff.] 4,635.7 320.2 Other Automotive 126.0 (+21.1%) [+18.3%] Advanced 99
Slide 6: Change in FY2024 3rd Quarter Consolidated Operating Profit
Change in FY2024 3rd Quarter Consolidated Operating Profit 【Unit : Billions of Yen】 Improvement ： +52.5 Expenses ： -22.0 Biz. Agility ： +30.0 Parts & material cost ：-56.5 1half ： -41.2 Labor ： +7.5 Raw material cost ： -6.5 3Q ： -151.8 Depreciation： +1.5 Energy cost ：+2.5 +21.5 -193.0 +144.2 Investme
Slide 7: Geographical Segments by Company Location
Geographical Segments by Company Location 【Unit : Billions of Yen】 [Ratio to Revenue] Revenue Operating Profit 3,148.3 22/12 22/12 2,691.7 23/12 146.7 145.2 23/12 (5.4%) (9.8%) 113.5 1,481.2 (7.7%) 1,221.1 1,469.5 1,082.2 21.5 523.9 21.2 (19.8%) 490.7 22.4 25.2 (4.1%) 108.7 9.1 15.4 (0.7%) (2.1%) (1
Slide 8: Trend of Capital Expenditures, Depreciation and R&D Expenditures
Trend of Capital Expenditures, Depreciation and R&D Expenditures Ratio to Revenue【Unit : Billions of Yen】 ＜Ratio to 24/3F＞ CAPEX Depreciation R&D (including asset accrual) ↑ 4Q ↓ 1-3Q 10.0% 8.5% 9.0% 9.9% 10.0% 8.1% 8.0% 7.6% 620 6.5% 8.0% 6.4% 6.1% 567.0 5.7% 5.9% 5.5% 5.3% 5.1% 6.0% 520 507.8 492.
Slide 9: Financial Forecast
FY2024 Financial Forecast 【Unit : Billions of Yen、%】 (Ratio to Revenue) Forecast as of Change from Change from 2024/3 Forecast 2023/3 Actual Sep. 2023 previous forecast Mar. 2023 Revenue 7,000.0 7,120.0 +120.0 +1.7% 6,401.3 +718.7 +11.2% Operating Profit (9.0%) 630.0 (7.0%) 495.0 -135.0 -21.4% (6.7%
Slide 10: Change in FY2024 Forecast Operating Profit
Change in FY2024 Forecast Operating Profit 【Unit : Billions of Yen】 3Q：+11.5 (Diff. from previous forecast) 4Q： +5.5 (+17.0)(-151.8) (+5.8) -193.0 Parts & material cost：-3.0 +137.4 +33.5 (+3.0) F/X rate Expenses：-6.0 (-135.0) (-3.0) +178.0 495.0 426.1 +18.5 -74.0 (-6.0) Production volume Quality -29
Slide 11: Major Financial Indicator
Major Financial Indicator Revenue/Operating Profit/ ROE・ROIC Operating Profit Margin 【Unit : Billions of Yen】 *Change from Shareholder’s 6.7% 7.0% previous forecast -1.6% 8.1% equity cost 6.2% : 8.0% 7.3% 3.1% 7.0% 6.4% : 7.1% 1.2% 7,120.0 6.1% WACC 6,401.3 5,515.5 5,153.5 4,936.7 5.3% 3.4% 1.9% 2.9
Slide 12: DENSO Crafting the Core
DENSO Crafting the Core