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DENSO to Participate in Toyota Industries Tender Offer, Anticipates Extraordinary Gains

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DENSO to Participate in Toyota Industries Tender Offer, Anticipates Extraordinary Gains

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The latest announcement is out from DENSO ( (JP:6902) ).

DENSO CORPORATION has announced its decision to participate in a tender offer for its shares in Toyota Industries Corporation, aiming to maximize sale price and improve capital efficiency. The company expects to post significant extraordinary gains from this transaction in its non-consolidated results for the fiscal year ending March 31, 2026, while maintaining its business relationship with Toyota Industries.

The most recent analyst rating on (JP:6902) stock is a Buy with a Yen2800.00 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 prominent player in the automotive industry, specializing in advanced automotive technology, systems, and components. The company focuses on enhancing vehicle performance and safety, with a strong emphasis on innovation and sustainability.

Average Trading Volume: 8,310,088

Technical Sentiment Signal: Hold

Current Market Cap: Yen5166.4B

For a thorough assessment of 6902 stock, go to TipRanks’ Stock Analysis page.

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