DRIVEN BASE

DENSO Announces of Result of Interim Dividend and the Revision of Year-end Dividend Forecast

Oct. 31, 2017

Kariya (Japan) ―DENSO Corporation today announced the result of its interim dividend and the revision to the year-end dividend forecast for the fiscal year ending March 31, 2018.

1. Content of revision

 

Dividend per share

Interim

Year-end

Yearly

FY Forecast
(Previous announced)

60 yen

60 yen

120 yen

FY Result

65yen

-

-

FY Forecas
(Revised)

-

65yen

130yen

Previous FY
Results ended
March 31, 2017

60 yen

60 yen

120 yen

2. Reason for revision

DENSO will continue to raise dividends payment sustainably with taking into accounts its consolidated results, consolidated dividend payout ratio, and dividend amount.
After comprehensive consideration of business conditions, the company has decided on the interim dividend and the revision to the year-end dividend forecast as above.

About DENSO Corporation
DENSO Corp., 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, 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 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 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.com, or visit our media website at www.denso.com/global/en/news/media-center/