DRIVEN BASE

DENSO Announces its Year-end Dividend

Apr. 25, 2014

KARIYA (Japan) - DENSO Corporation today announced its year-end dividend for the fiscal year ending March 31, 2014. This will be presented at the 91st Annual General Meeting of Shareholders on June 19, 2014.

1. Details of dividends

  Dividend per share
Interim Year-end Yearly
FY Result 47 yen 58 yen 105 yen
FY Forecast
(Previously announced)
- 47 yen 94 yen
Previous FY
Results ended
March 31, 2013
27 yen 37 yen 64 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 plans to propose its year-end dividend of 58 yen per share, an increase of 11 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, 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 nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 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.