DENSO Lifts Expected Gain as Toyota Industries Tender Offer Terms Improve

An announcement from DENSO ( (JP:6902) ) is now available.

DENSO said it will proceed with tendering all of its shares in Toyota Industries Corporation under an amended takeover bid led by Toyota Fudosan’s affiliated vehicle. Following Toyota Fudosan’s move to raise the expected purchase price from ¥18,800 to ¥20,600 per share and extend the offer period to March 23, 2026, the expected total sale value of DENSO’s stake increases to ¥305.4 billion.

As a result of the revised terms, DENSO now expects to record approximately ¥279.1 billion in extraordinary gains on the sale of investment securities in its non‑consolidated results for the fiscal year ending March 31, 2026, up from the previously projected ¥252.4 billion. The larger gain underscores the financial impact of the transaction on DENSO’s standalone earnings and highlights the company’s continued realignment of cross‑shareholdings within the Toyota group ecosystem.

The most recent analyst rating on (JP:6902) stock is a Buy with a Yen2400.00 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 leading Japanese automotive parts manufacturer listed on the Tokyo and Nagoya Stock Exchanges under securities code 6902. The company develops and supplies advanced components and systems to global automakers, with a strategic focus on mobility technologies and optimizing its investment portfolio to support long‑term growth.

Average Trading Volume: 6,303,860

Technical Sentiment Signal: Buy

Current Market Cap: Yen5794.3B

See more data about 6902 stock on TipRanks’ Stock Analysis page.