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DENSO ( (JP:6902) ) has provided an update.
DENSO has confirmed it will proceed with tendering all of its common shares in Toyota Industries Corporation into a tender offer led via a vehicle ultimately owned by Toyota Fudosan, following the formal launch of the offer. The terms have been revised from the June 2025 plan, raising the expected purchase price from 16,300 yen to 18,800 yen per share and increasing DENSO’s anticipated sale proceeds from 241.6 billion yen to 278.7 billion yen, with the tender period running from January 15 to February 12, 2026 and settlement slated for February 19, 2026. As a result of the higher offer price, DENSO now expects to book 252.4 billion yen in extraordinary gains on the sale of these investment securities in its non-consolidated results for the fiscal year ending March 31, 2026, potentially strengthening its balance sheet and financial flexibility.
The most recent analyst rating on (JP:6902) stock is a Hold with a Yen2200.00 price target. To see the full list of analyst forecasts on DENSO stock, see the JP:6902 Stock Forecast page.
More about DENSO
DENSO CORPORATION is a Japan-based global automotive parts manufacturer listed on the Tokyo and Nagoya Stock Exchanges under securities code 6902. The company supplies a wide range of automotive technologies and components, serving major automakers worldwide and playing a significant role in the broader Toyota group supply chain.
Average Trading Volume: 5,784,767
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen5944.4B
For an in-depth examination of 6902 stock, go to TipRanks’ Overview page.