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DENSO ( (JP:6902) ) has provided an announcement.
DENSO CORPORATION has addressed media reports about a potential acquisition of ROHM Co., Ltd., clarifying that no official announcement has been made by the company regarding such a deal. The automotive supplier confirmed it has proposed acquiring ROHM shares but has not secured ROHM’s support, and is currently weighing options including possibly withdrawing the proposal.
No final decision has been reached, leaving uncertainty over whether the transaction will proceed and how it might reshape DENSO’s semiconductor sourcing and strategic positioning. The company said it will promptly disclose any developments requiring public announcement, signaling that investors and industry stakeholders should expect further updates as discussions and internal deliberations evolve.
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 Japan-based automotive technology supplier listed on the Tokyo and Nagoya stock exchanges, known for producing advanced components and systems for vehicles. The company focuses on mobility, energy efficiency, and safety solutions for global automakers, positioning itself as a key player in the automotive and electronics value chain.
YTD Price Performance: -12.00%
Average Trading Volume: 7,595,150
Technical Sentiment Signal: Sell
Current Market Cap: Yen5143.2B
Learn more about 6902 stock on TipRanks’ Stock Analysis page.