DRIVEN BASE

DENSO Announces Cancellation of Own Shares

(Cancellation of own shares pursuant to Article 178 of the Corporation Act)

Oct. 31, 2018

Kariya (Japan) ― DENSO Corporation (the “Company”), announced that a resolution was adopted at the board of directors meeting held today to cancel its own shares pursuant to Article 178 of the Corporation Act.

1. Type of shares to be cancelled

Common stock

2. Total number of shares to be cancelled

6,123,762 shares 
3. Scheduled date of cancellation

November 30,2018

Note:

Number of treasury shares as of September 30, 2018

Total number of shares outstanding (excluding treasury shares) 780,875,393 shares
Number of treasury shares 13,193,320 shares
About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has approximately 220 subsidiaries  in 35 countries and regions (including Japan) and employs approximately 170,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2018, totaled US$48.1 billion. Last fiscal year, DENSO spent 8.8 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/

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