Denso FY27 Q1 operating profit drops 21.5% to JPY 84.2 billion; revenue rises 9.1% to JPY 1.91 trillion

• Denso posted Q1 revenue of 1.91 trillion yen, up 9.1% year over year; operating profit fell 21.5% to 84.2 billion yen.
• Profit attributable to owners of the parent dropped 14.4% to 67.9 billion yen.
• North America revenue rose 13.7% to 538.1 billion yen; operating profit increased 12.1% to 25.3 billion yen.
• Europe revenue increased 6.3% to 198.8 billion yen; operating loss narrowed to 8.6 billion yen from 13.8 billion yen.
• Seiji Maeda cited higher vehicle sales and electrification demand; Denso forecasts full-year revenue of 7.75 trillion yen, operating profit of 500 billion yen.

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