Denso's revenue contracted by over four percent between 2020 and 2021, not unlike other companies in the Japanese auto sector. The automotive supplier generated around five trillion Japanese yen or 44.7 billion U.S. dollars in revenue in 2021. Denso's business was hampered by a slowing Japanese economy, trade tensions between China and the United States, as well as the outbreak of Covid-19.
Denso's global revenue from FY 2008 to FY 2021
(in billion Japanese yen)
The figures are for the fiscal years ending March 31. One Japanese yen is approximately equal to 0.00906 U.S. dollars (as of March 31, 2021). The figures for 2008 through 2019 were taken from previous financial statements.
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Denso. (July 13, 2021). Denso's global revenue from FY 2008 to FY 2021 (in billion Japanese yen) [Graph]. In Statista. Retrieved May 19, 2022, from https://www.statista.com/statistics/268792/densos-global-net-sales/
Denso. "Denso's global revenue from FY 2008 to FY 2021 (in billion Japanese yen)." Chart. July 13, 2021. Statista. Accessed May 19, 2022. https://www.statista.com/statistics/268792/densos-global-net-sales/
Denso. (2021). Denso's global revenue from FY 2008 to FY 2021 (in billion Japanese yen). Statista. Statista Inc.. Accessed: May 19, 2022. https://www.statista.com/statistics/268792/densos-global-net-sales/
Denso. "Denso's Global Revenue from Fy 2008 to Fy 2021 (in Billion Japanese Yen)." Statista, Statista Inc., 13 Jul 2021, https://www.statista.com/statistics/268792/densos-global-net-sales/
Denso, Denso's global revenue from FY 2008 to FY 2021 (in billion Japanese yen) Statista, https://www.statista.com/statistics/268792/densos-global-net-sales/ (last visited May 19, 2022)