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DENSO ( (JP:6902) ) has issued an announcement.
DENSO Corporation has announced the sale of a portion of its investment in Renesas Electronics, expecting to post extraordinary gains in its non-consolidated financial results for the year ending March 31, 2026. This decision aligns with DENSO’s financial strategy to improve capital efficiency and reduce low-profit assets, while maintaining a collaborative relationship with Renesas to support its semiconductor strategy and business growth.
More about DENSO
DENSO Corporation operates in the automotive industry, focusing on the production of advanced automotive technology and components. The company is known for its in-vehicle systems and has a significant market presence in the development and procurement of semiconductors for automotive applications.
YTD Price Performance: -11.35%
Average Trading Volume: 8,870,680
Technical Sentiment Signal: Buy
Current Market Cap: Yen5157B
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