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Key financial data for the past 10 years

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| Financial Highlights - Consolidated |
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DENSO CORPORATION and consolidated subsidiaries
Years ended March 31

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| Millions of yen |
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FY2003 |
FY2004 |
FY2005 |
FY2006 |
FY2007 |
| Net Sales |
2,562,411 |
2,799,949 |
3,188,330 |
3,609,700 |
4,025,076 |
| Operating Income |
188,659 |
213,895 |
266,559 |
303,068 |
348,652 |
| Ordinary Income |
196,289 |
224,760 |
283,054 |
322,128 |
368,308 |
Income before
income taxes |
185,892 |
223,446 |
271,854 |
319,711 |
364,829 |
| Net Income |
110,027 |
132,620 |
169,648 |
205,170 |
244,417 |
| Total Assets |
2,526,502 |
2,780,982 |
3,411,975 |
3,765,135 |
3,643,418 |
| Total Equity |
1,509,489 |
1,643,182 |
1,970,388 |
2,286,956 |
2,282,677 |
| Return on Equity |
7.6% |
8.4% |
9.4% |
9.9% |
11.3% |
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| Yen |
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FY2003 |
FY2004 |
FY2005 |
FY2006 |
FY2007 |
Per Share:
Net income |
130.02 |
159.02 |
204.80 |
249.88 |
299.96 |
Per Share:
Cash dividends |
24.00 |
32.00 |
38.00 |
45.00 |
54.00 |
Per Share:
Equity |
1,809.55 |
1,990.48 |
2,384.05 |
2,668.82 |
2,658.06 |
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| Millions of yen |
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FY2003 |
FY2004 |
FY2005 |
FY2006 |
FY2007 |
| Capital Expenditures |
196,461 |
235,258 |
288,714 |
312,457 |
343,779 |
| Depreciation |
151,169 |
160,993 |
185,143 |
219,873 |
263,519 |
| R&D Expenses |
214,917 |
238,241 |
256,339 |
279,890 |
311,474 |
| Number of Employees |
95,461 |
104,183 |
105,723 |
112,262 |
118,853 |
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