The upper limit purchase price for the tender offer for treasury stock has been raised from 1,935 yen to 2,209 yen, with the planned purchase volume at 184,897,756 shares and total purchase funds approximately 408.4 billion yen. The start date has been postponed to on or after April 28, 2026.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"6902","jir_company_name":"DENSO Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-01-14","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/6902-20260114-02.pdf","jir_short_summary":"The upper limit purchase price for the tender offer for treasury stock has been raised from 1,935 yen to 2,209 yen, with the planned purchase volume at 184,897,756 shares and total purchase funds approximately 408.4 billion yen. The start date has been postponed to on or after April 28, 2026.","jir_summary":"### Overview of Changes to Purchase Conditions for Tender Offer of Treasury Stock\nDENSO Corporation has resolved, upon proposal from Toyota Real Estate, to raise the upper limit purchase price for the tender offer for treasury stock from the previous 1,935 yen to 2,209 yen. The planned purchase volume remains unchanged at 184,897,756 shares (ownership ratio of 6.68%), and the total acquisition price has increased to approximately 408.4 billion yen. The purchase price will be determined by applying a 10% discount to either the closing price on the business day prior to the Board of Directors\u2019 resolution date or the simple average of closing prices over the past month, whichever is lower, without exceeding the upper limit price.\n\n### Start Date for Tender Offer and Funding Plan\nThe start date for the tender offer for treasury stock has been postponed from the initial schedule of mid-January 2026 to on or after April 28, 2026, following the announcement of the fourth quarter earnings for the fiscal year ending March 2026. The tender offer funds are planned to be covered by internal funds and borrowings. As of September 30, 2025, consolidated cash and cash equivalents stood at 862,283 million yen, and repayment is expected to be feasible while maintaining financial soundness through future cash flows. In consultation with Toyota Real Estate and Toyota Industries Corporation, the company aims for a reasonable pricing and shareholder return approach.","jir_financial_highlights":"Planned Purchase Volume: 184,897,756 shares (Upper limit) (No change)\nTotal Acquisition Price (Upper limit): 408,439,143,004 yen (Increased from the previous 357,777,157,860 yen)\nTender Offer Upper Limit Price for Treasury Stock: 2,209 yen (Raised from the previous 1,935 yen)\nScheduled Start Date for Purchase: On or after April 28, 2026 (Postponed from the previous mid-January 2026)","jir_category":"","jir_hashtags":"#DENSOCorporation, #ShareBuyback, #CapitalPolicy, #JapaneseStocks","jir_key_figures":"Planned Purchase Volume: 184,897,756 shares (Upper limit)\nTotal Acquisition Price (Upper limit): 408,439,143,004 yen\nTender Offer Upper Limit Price for Treasury Stock: 2,209 yen\nScheduled Start Date for Purchase: On or after April 28, 2026\nConsolidated Cash and Cash Equivalents: 862,283 million yen (as of September 30, 2025)","jir_meta_title":"DENSO Corporation Raises Tender Offer Upper Limit Price to 2,209 Yen for Approximately 408.4 Billion Yen Acquisition","jir_meta_description":"DENSO Corporation raises the upper limit purchase price for its treasury stock tender offer from 1,935 yen to 2,209 yen, increasing the planned purchase volume to about 185 million shares and total purchase funds to approximately 408.4 billion yen. The start date has been postponed to on or after April 28, 2026.","jir_og_title":"DENSO Raises Tender Offer Price for Treasury Stock; Plans Acquisition of Approximately 408.4 Billion Yen","jir_og_description":"DENSO has changed conditions of its tender offer for treasury stock by raising the upper limit purchase price to 2,209 yen and postponing the start date to April 2026 or later.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":6860,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_buyback","footnotes":""},"sector":[],"importance":[],"class_list":["post-19105","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n