Denso updates on treasury stock acquisition progress

Denso Corporation, as of September 4, 2025, announced the status of its treasury stock acquisition. The company acquired 16,251,200 shares of common stock at a total cost of JPY 34,434,448,350 from August 1, 2025, to August 31, 2025. This acquisition was based on a resolution passed at the Board of Directors meeting on October 31, 2024.

The resolution authorized the acquisition of up to 280,000,000 shares of common stock, representing an upper limit of 9.62% of the total outstanding shares (excluding treasury shares). The maximum aggregate acquisition price was set at JPY 450 billion, with the acquisition period scheduled from November 1, 2024, to October 27, 2025.

Cumulatively, as of August 31, 2025, Denso has acquired a total of 193,912,400 shares of its own stock under this resolution. The total acquisition price for these shares amounts to JPY 388,985,248,250. Denso is represented by its president and representative director, Shinsuke Hayashi.