DRIVEN BASE

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

Oct. 31, 2018

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, 2019.

1. Content of revision

 

Dividend per share

Interim

Year-end

Yearly

FY Forecast

(Previous announced)

65 yen

65 yen

130 yen

FY Result

70yen

-

-

FY Forecast

(Revised)

-

70yen

140yen

Previous FY
Results ended
March 31, 2018

65 yen

65 yen

130 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 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/