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DENSO announces of result of interim dividend and the revision of year-end dividend forecast

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, 2018. 1. Content of revision Dividend per share Interim Year-end Yearly FY Forecast (Previous announced) 60 yen 60 yen 120 yen FY Result 65yen – – FY Forecas (Revised) – … Continued

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, 2018.

1. Content of revision

Dividend per share

Interim Year-end

Yearly

FY Forecast
(Previous announced)
60 yen 60 yen 120 yen
FY Result 65yen
FY Forecas
(Revised)
65yen 130yen
Previous FY
Results ended
March 31, 2017
60 yen 60 yen 120 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.

 

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