DENSO Increases Stake in FUJITSU TEN, Company Renamed DENSO TEN

In September 2016, FUJITSU TEN’s three shareholders, Fujitsu Limited, Toyota Motor Corporation, and DENSO Corporation, announced a Basic Agreement to Change its Capital Structure. DENSO Corporation now has majority stake in FUJITSU TEN LIMITED, effective November 1, 2017. As a result of this, FUJITSU TEN will change its name to DENSO TEN with a vision to achieve growth together.

DENSO has made FUJITSU TEN one of its group companies to enhance cooperation between the two companies in the development of in-vehicle ECUs, millimeter-wave radar sensors, advanced driver assistance/automated driving technologies, and basic electronic technologies.

Changes in the stakes (capital structure)

  Before change After change
DENSO Corporation 10% 51%
Fujitsu Limited 55% 14%
Toyota Motor Corporation 35% 35%

 

[Reference] Profile of DENSO TEN

1. Name DENSO TEN Limited
2. Location 2-28, Gosho-dori 1-chome, Hyogo-ku, Kobe, Hyogo, Japan
3. Representatives Chairman and Representative Director Takashi Shigematsu
President and Representative Director Satoshi Iwata
4. Establishment October 1972
5. Capital Approx. US$47 million (5.3 billion yen)
6. Employees 2,943 (10,238 on a consolidated basis) *As of the end of March 2017
7. Main businesses Development, manufacture, and sales of infotainment equipment and automotive electronics equipment
8. Sales Approx. US$2.2 billion (248.8 billion yen)
Approx. US$3.4 billion (383.6 billion yen) on a consolidated basis
*For the fiscal year ended March 2017

Exchange rate used is 113 yen to the US one dollar, at the end of October for convenience only.

The details are provided on the DENSO TEN website.

DENSO TEN website.

DENSO Announces 360 Degree Photography for Electronic Cataloging

LONG BEACH, Calif. – DENSO Products and Services Americas, Inc., (DPAM) an affiliate of leading global automotive supplier DENSO Corp., announces it is adding 360 degree photography to its website, densoautoparts.com to give customers a more complete look at its products and to support customers’ increasing electronic retailing (web commerce) needs. The company invested in this technology and can do it in house. This allows DPAM to respond quickly to customer needs and have the flexibility to adapt to a changing environment

The computer controlled process used with the photography results in more consistent photos giving users confidence in the quality and realism of the products. An interactive zoom allows for fast verification of a part on nearly any computer device.

“The growth of online purchasing has changed customer expectations about product photography,” said Joe Mejaly, senior vice president of DENSO Products and Services Americas, Inc. “We wanted to give our warehouse distributor and retail customers the tools they need to compete with sites like Amazon. The 360 degree photographs allow users to rotate photos and zoom in on certain features.”

A 360 degree view of each product means customers can get a realistic view of the product from multiple angles — a virtual walk around tour of product from the comfort of the office. Installers benefit from this technology because it allows them to zoom in to check specific areas such as brackets, connectors, etc. to confirm if the part is the one they are looking for.

All photos are on pure white or transparent backgrounds so users get the clearest view of the product possible with no distractions.

The feature will be available on densoautoparts.com in the Spring of 2018.

About DENSO in North America

DENSO is a leading global automotive supplier ofadvanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 30 consolidatedcompanies and affiliates across the North American region. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa,Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

DENSO WorldwideDENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Lastfiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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DENSO Celebrates Three Milestone Product Anniversaries

LONG BEACH, Calif. – DENSO Corp. is celebrating three anniversaries in 2017 – 2018. Its first spark plug was manufactured nearly 60 years ago and today spark plugs are still a key element in DENSO’s product line. Iridium plug production has been going strong for 20 years and DENSO Robotics is celebrating its 50th anniversary.

Today DENSO is producing spark plugs in five plants across the globe and has responded to changing engine and market requirements to continue to develop spark plugs that meet the evolving needs of OE and aftermarket customers. Total spark plug production in the 60-year time span will reach 6 billion pieces.

DENSO Iridium spark plugs, which are designed to meet increasing performance and longevity requirements worldwide, made their first appearance in 1997. Iridium plug production reached 1 billion pieces.

Back in 1967 Robotics was relatively primitive, but DENSO began developing state-of-the-art controllers, software and industrial robots that would change the face of automation. Today DENSO is seen as an innovative leader in the field of robotics. More than 18,000 DENSO small industrial robots employed are being used in the company’s own manufacturing facilities and more than 77,000 additional DENSO robots are being used by other companies throughout the world.

“DENSO has a demonstrated its commitment to all of the markets it enters,” said Joe Mejaly, senior vice president of DENSO Products and Services Americas, Inc. “These anniversaries are proof of not only our commitment but to the quality of the products we design and manufacture.

“Of course these milestones would not have been possible without the support of the companies and people who continue to use our products. We thank them for their ongoing support and pledge to continue to provide high quality products for them into the future.”

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates across the North American region. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at

www.facebook.com/DENSOinNorthAmerica.

DENSO Worldwide DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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