In 2017, the comprehensive fiscal revenue of Denso reached US$40.4 billion, an increase of 0.1% over the same period of last year. The consolidated operating profit was 2.9 billion U.S. dollars, an increase of 4.7% year-on-year. The consolidated profits of the parent company's shareholders amounted to US$2.3 billion, an increase of 5.5% over the same period of last year. In the Japanese market, the revenue generated by the increase in production amounted to US$23.9 billion, an increase of 1.5% compared to last year. Despite the positive factors such as production growth and cost reduction, the operating profit from export exchange rate changes was US$1.2 billion, which was 15.8% lower than the same period of last year. In the North American market, despite the increase in vehicle production and sales volume, due to the stable economic performance, exchange rate changes caused the region’s revenue to drop to US$9.6 billion, which was 3.2% lower than the same period of last year. In addition, due to production growth, operating profit in the region reached US$534.4 million, an increase of 25.7% compared to the same period of last year. In the European market, despite the increase in automobile production and sales, the market economy has recovered, and the impact of exchange rate changes has caused revenue to fall to US$5.1 billion, a 2.7% year-on-year decline. Affected by the increase in output, the operating profit of Denso in Europe totaled US$179.8 million, a decrease of 39.9% compared to the same period of last year. In the Asian market, with the increase in automobile production and sales, exchange rate changes led to a drop in revenue to US$10.2 billion, a decrease of 1.9% compared to the same period last year. Affected by the increase in output, the operating profit of Denso in the Asian region totaled US$1 billion, an increase of 16.7% over the same period of last year. In other regions, the main guideline for some regions of the Americas, including Brazil and Argentina, totaled $586.6 million, an increase of 10.6% over the same period of last year; operating profit was $61.4 million.
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Denso's fiscal year 2017 consolidated fiscal revenue reached $40.4 billion
Output-driven Denso slightly increased 0.1% in fiscal quarter
According to official data released by Denso, as of March 31, 2017, Denso's fiscal year 2017 consolidated fiscal revenue reached US$40.4 billion, an increase of 0.1% over the same period of last year.