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DENSO ( (JP:6902) ) just unveiled an update.
DENSO Corporation has revised the pricing conditions and expected start date for its planned tender offer to repurchase its own shares, a transaction tied to acquiring the DENSO shares currently held by Toyota Industries via a proposal from Toyota Fudosan. The company will still set the self-tender offer price at a 10% discount to the lower of the prior-day closing price or one-month average on the Tokyo Stock Exchange, but has raised the cap so that, if the calculated price exceeds the closing price on January 13, 2026, the offer price will be fixed at 2,209 yen, replacing the previous ceiling of 1,935 yen set with reference to June 2, 2025. DENSO has also adjusted the expected commencement timing of the self-tender offer, originally slated for March 2026 or later, signaling increased flexibility in executing a sizable buyback of up to 184,897,656 shares from Toyota Industries’ holdings and related trust assets, a move that could reshape its shareholder base and capital structure while potentially improving capital efficiency and earnings per share.
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 leading Japanese automotive parts manufacturer listed on the Tokyo and Nagoya Stock Exchanges, supplying advanced components and systems primarily to global automakers, with a strong focus on technologies that support vehicle efficiency, safety, and electrification.
Average Trading Volume: 5,784,767
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen5944.4B
For a thorough assessment of 6902 stock, go to TipRanks’ Stock Analysis page.