DRIVEN BASE

DENSO Announces Year-end Financial Results

Apr. 28, 2011

Kariya (Japan) - DENSO Corporation today announced its year-end dividend for the fiscal year ending March 31, 2011. This will be presented at the 88th annual shareholders meeting on June 22, 2011.

1. Dividend

  Dividend per share
Interim Year-end Yearly
FY Result 22 yen 24 yen 46 yen
FY Forecast
(Previously announced)
- 22 yen 44 yen
Previous FY Results ended March 31, 2010 13 yen 14 yen 27 yen

2. Reason for change in year-end dividend from previously announced forecast

DENSO's basic dividend policy is to maintain a stable dividend payment taking into consideration various aspects, such as financial performance and dividend ratio. Based on this policy, the company has decided to increase its year-end dividend to 24 yen, an increase of 2 yen from the previous forecast.

DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electric, electronics and information and safety. Its customers include all the world's major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 35 countries and regions (including Japan) and employs approximately 120,000 people. Consolidated global sales for the fiscal year ending March 31, 2011, totaled US$37.7 billion. Last fiscal year, DENSO spent 9.3 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.comor visit our media website at www.densomediacenter.com.