Denso stock keeps spark plug business after Niterra deal ends

Published on 10/07/2026 at 06:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Denso stock was last at JPY 1,856 on October 7, 2026, while its market value reached JPY 4.7 trillion. First-quarter revenue rose 9.1 percent.

Denso, JP3551500006, Illustration mit AI erstellt.

Denso (ISIN JP3551500006) was last at JPY 1,856 on the Tokyo Stock Exchange on October 7, 2026, up JPY 3, or 0.16 percent, from the previous close. The company has also retained its spark plug and exhaust gas sensor operations after ending a planned transfer to Niterra.

Denso keeps engine parts

According to Electronics Media on October 2, 2026, Denso and Niterra agreed to terminate the business transfer agreement covering spark plugs, oxygen sensors and air-fuel ratio sensors.

Denso said the decision followed a strategy review under its CORE 2030 plan. As Automotive World reported on October 2, 2026, demand for a mix of powertrains has lasted longer than expected even as electrification advances.

Revenue rises as profit falls

Denso's fiscal 2027 first-quarter revenue rose 9.1 percent year over year to JPY 1.91 trillion, while net income fell 14 percent to JPY 67.9 billion. Simply Wall St identified the combination of higher revenue and weaker earnings in its review of the quarter ended June 30, 2026.

The contrast puts profitability ahead of sales growth in the near-term investment debate. Denso's full-year fiscal 2027 guidance calls for revenue of JPY 7.75 trillion and operating profit of JPY 500.0 billion, with the revenue outlook raised while operating-profit guidance stayed unchanged, according to the company investor calendar and earnings materials.

Consensus target stays above price

The consensus view is Buy among 18 analysts, with 7 Buy ratings, 9 Holds and 2 Sells. According to Investing.com, the average 12-month target is JPY 2,117.8, with a high of JPY 2,700 and a low of JPY 1,670. The average target lies 14.1 percent above the JPY 1,856 price.

Stock remains below yearly high

Denso stock was last at JPY 1,856 on October 7, 2026, with a session range of JPY 1,843 to JPY 1,859.50. Its 52-week range is JPY 1,801 to JPY 2,373, leaving the price 21.8 percent below the yearly high.