DENSO Announces its Year-end Dividend
Apr. 28, 2015
KARIYA (Japan) ―DENSO Corporation today announced its year-end dividend for the fiscal year ending March 31, 2015. This will be presented at the 92st annual shareholders meeting on June 19, 2015.
1. Details of dividends
| Dividend per share | |||
|---|---|---|---|
| Interim | Year-end | Yearly | |
| FY Result | 47 yen | 63 yen | 110 yen |
| FY Forecast(Previously announced) | - | 48 yen | 95 yen |
| Previous FY Results ended March 31,2014 | 47 yen | 58 yen | 105 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 63 yen per share, an increase of 15 yen from the previous forecast.