DENSO : Announces Result of Year-end Dividend

For Release April 28, 2022

DENSO Announces Result of Year-end Dividend

KARIYA (Japan) ―DENSO Corporation today announced the result of the year-end dividend for the fiscal year ending March 31, 2022.

1. Content of revision

Dividend per share
Interim	Year-end	Yearly
Previous Forecast (Announced 10/29/2021)	80yen	80yen	160yen
Result	80yen	85yen	165yen
Previous FY Results ended March 31, 2021	70yen	70yen	140yen

2.

Reason of revision

DENSO has executed and strengthened the shareholder return policy that consider the cost of capital to enhance corporate value and expand shareholder return.

So, the company renewed the dividend standard to DOE from this Fiscal Year.

After comprehensive consideration, the company has decided to pay yare-end dividends of 85 yen, an increase of 5 yen from previously announced dividend forecast and DOE of this Fiscal Year is 3.1%.

About DENSO Corporation

DENSO is a $45.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 198 facilities to produce electrification system, powertrain system, thermal system, mobility electronics, & advanced devices, to create jobs that directly change how the world moves. The company's 167,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2022. For more information about global DENSO, visithttps://www.denso.com/global/en/.

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