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The Nikkei average rose by 170 yen, continuing to climb, though it faced resistance; it recovered to 35,000 yen in closing price for the first time in three weeks on the afternoon of the 24th.
On the 24th, the Nikkei average in the afternoon session rose by 170.52 yen from the previous day to 30,039.15 yen, continuing its upward trend. The TOPIX (Tokyo Stock Price Index) increased by 8.24 points to 2,592.56 points, marking three consecutive days of gains. The Nikkei average, on a closing basis, recovered to above 30,000 yen for the first time in three weeks since the 2nd (35,725.87 yen). At 9:08 AM, it reached 35,287.95 yen, up by 419.32 yen. In the local US market on the 23rd, President Trump announced a significant reduction in tariffs on China from 145%.
DENSO to Demo Keyless Access Fleet Solutions, V2X Tech at NAFA Institute & Expo 2025
The Nikkei average rebounded significantly by 588 yen, marking a major rise for the first time in three days, with buybacks dominating and over 80% of Main Board rising stocks.
On the 23rd, the Nikkei average in the morning session rebounded significantly for the first time in three days, rising by 588 yen and 20 sen to 34,808 yen and 80 sen. The TOPIX (Tokyo Stock Price Index) also continued to rise, increasing by 44.08 points to 2,576.20 points. At 9:07 AM, the Nikkei average reached 35,142 yen and 12 sen, climbing 921 yen and 52 sen, marking the first time in about three weeks during trading hours that it crossed the 35,000 yen mark. Due to a weaker yen and reduced concerns over the US-China trade frictions, there was a buyback focused on export stocks. After the buy was settled, there was a wait for a rebound.
Denso has signed a contract regarding naming rights with Tohoku Universities.
Denso Corporation (hereinafter referred to as Denso) has entered into a "Contract for Naming Rights for Tohoku University, National University Corporation" (hereinafter, this contract) with Tohoku University (hereinafter referred to as Tohoku University). Tohoku University established the "Regulations for Naming Rights for Tohoku University, National University Corporation" in 2023 to improve and enhance the educational and research environment. This time, Denso has obtained naming rights for the Tohoku University Engineering Department on the Aobayama East Campus.
Japan Denso (ADR) (DNZOY.US) will release its Earnings Reports on April 25.
$Japan Denso (ADR)(DNZOY.US)$ will release its Earnings Reports on April 25, investors please pay attention. What were the previous performance results? $Japan Denso (ADR)(DNZOY.US)$ 2025 Q3 revenue was 1.81 trillion yen, Net income was 132.236 billion yen, EPS was 42.06 yen. 2024 Q4 revenue was 1.79 trillion yen, Net income was 148.778 billion yen, EPS was 46.33 yen. The accounting standards used for the above data are NonUS_GAAP. Futubull reminder: 1. Companies listed on Hong Kong and U.S. stock markets.
DENSO installed a SOFC and conducted a demonstration test on the effective utilization of the Electrical Utilities generated in Okazaki City, Aichi Prefecture.
Denso <6902.T> announced on the 21st that it has begun demonstration tests to effectively utilize the electricity generated by the SOFC (Solid Oxide Fuel Cell) developed by the company, installed in public facilities in Okazaki City, based on the "Partnership Agreement for Achieving Carbon Neutrality and a Hydrogen Society" signed on August 1, 2024. According to the company, this demonstration will utilize the technology cultivated in the development of components for Autos, achieving a world-class 65% power generation efficiency with the SOFC.