DENSO Leads Dellfer’s Initial Funding Round, Supporting Cybersecurity for Connected Vehicles

KARIYA (Japan) ―DENSO, one of the world’s largest automotive suppliers, has announced a significant investment in Dellfer, an IoT and automotive cybersecurity startup company based in San Francisco, California.  Dellfer is a young startup focusing on cybersecurity solutions against “zero day” attacks within connected networks such as deployed IoT devices, and in the future, connected vehicles.  Dellfer will use the proceeds from this funding to build out its development team and begin discussions with early adopter customers, including DENSO.

“As cars become smarter, more connected, and autonomous, advanced safeguards to secure and protect the technology within those vehicles will be a key area of focus for DENSO, and the auto industry as a whole,” said Tony Cannestra, Director of Corporate Ventures at DENSO. “DENSO will continue to strongly support technologies like Dellfer’s to ensure that a safe and secure mobility future is delivered to our customers.”

“This investment accelerates our mission for IoT device cyberspace protection against zero day attacks,” said Dellfer CEO James Blaisdell. “We look forward to a deep and fruitful partnership with DENSO to deliver advance safeguards for protecting vehicles.”

DENSO continues to evaluate technology investment opportunities for automotive solutions and innovative technologies with potentially significant implications for the future of transportation. The company focuses on advancing four core areas: connectivity, autonomous driving, shared mobility and electrification (CASE) technologies. DENSO opened a Silicon Valley office in 2011, and in 2014 created a dedicated Corporate Venture Capital (CVC) group to pursue early stage investment opportunities around the world with entrepreneurs and startup companies. The company also lends expertise and monetary support to two technology incubators – Prospect Silicon Valley and NextEnergy.

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 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 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. 

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 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 Announces Management Changes

KARIYA (Japan) ―DENSO Corporation today announced management changes, which were approved at today’s board of directors meeting.

1Executive Changes

The following management changes will be effective April 1, 2018:

(1)Toshiyuki Kato will be appointed to executive vice president. Currently he is a senior executive director.

(2)The following will be appointed as senior executive directors:

  • Kazuaki Fujitani, currently an executive director
  • Yukihiro Shinohara, currently an executive director
  • Yoshitaka Kajita, currently an executive director

(3)The following will be appointed as executive directors:

  • Hidehiro Yokoo, currently an advisor
  • Koichi Nagaya, currently director, Quality Control Div.
  • Hirotaka Yato, currently project director, Corporate Planning Div.
  • Kazuhiro Iwai, currently general manager, Secretarial Dept.
  • Hiroshi Kondo, currently deputy head of Electronics Business Unit
  • Seiji Maeda, currently director, Corporate Planning Div.
  • Eiji Inoue, currently head of Air-Conditioning Business Unit

(4)Norio Fujimori will be appointed to executive fellow. Currently he is deputy head of ICT Business Unit.

(5)The following will resign as senior executive directors:

  • Yoshikazu Makino
  • Michio Adachi
  • Yukihiko Murakami

(6) Hiroyuki Murayama will resign as executive fellow.

Responsibility of Member of the Board and Executive Directors as of April 1st, 2018

Members of the Board                          *Representative, Changes are underlined

Title

Name

Responsibility

*Chairman

Nobuaki Katoh

*President & CEO

Koji Arima

*Executive

Vice President

Haruya Maruyama

Overall Management, Corporate Strategy

Yasushi Yamanaka

Overall Management, Safety, Quality, Production, Corporate Foundation Center, DENSO ABASHIRI TEST CENTER CORP.

Hiroyuki Wakabayashi

Overall  Management, R&D Strategy, CISO(Chief Information Security Officer),  Purchasing, Information Security Promotion Dept., SOKEN,INC.

Member of the Board

Koji Kobayashi

Yoshikazu Makino

George Olcott

Outside board member

Takashi Nawa

Outside board member

Executive Vice President, Senior Executive Directors

Title

Name

Responsibility

Executive Vice President

○Toshiyuki Kato

Toyota, Toyota Group

Senior Executive Director

Masahiko Ito

New Business,

Fleet Air-Conditioning Business Unit

Sadahiro Usui

CEO of Europe,

DENSO INTERNATIONAL EUROPE B.V.

Hiroyuki Ina

Electronic Systems Business Group,

Tokyo Office

Katsuhisa Shimokawa

Powertrain Systems Business Group, Korea

Shoji Tsuzuki

Corporate Center, Information Systems Div., EDT Promotion Div., Audit Dept.

Shingo Kuwamura

Purchasing Group

Yukihiro Kato

Mobility Systems Business Group

Yoshifumi Kato

Engineering Research & Development Center, Digital Innovation

○Kazuaki Fujitani

Sales and Marketing Group

○Yukihiro Shinohara

Electrification Systems Business Group

○Yoshitaka Kajita

CEO of China

Executive Directors

Title

Name

Responsibility

Executive Directors

Kazumasa Kimura

DENSO (CHINA) INVESTMENT CO.LTD.

Bunichi Kondo

Tokyo Sales Div.

Masanori Tsuruta

Sensor & Semiconductor Business Unit

Yasuhiro Iida

Thermal Systems Business Group, Taiwan

Kenichiro Ito

CEO of North America,

DENSO INTERNATIONAL AMERICA, INC.

Jack Helmboldt

Manufacturing and Mobility Systems Business of North America,

DENSO MANUFACTURING TENNESSEE, INC.

Shinsuke Yamaguchi

CEO of Asia-Oceania,

DENSO INTERNATIONAL ASIA CO., LTD.

Jiro Ebihara

Electric Components Business Unit

Manufacturing of Electrification Systems Business Group

Yuji Ishizuka

Sales and Marketing of Europe

Yasuhiko Yamazaki

Production Innovation Center,

Manufacturing of Electronic Systems Business Group and Mobility System Business Group

Hisaaki Sato

Sales and Marketing of North,

Central & South America

Hajime Kumabe

Advanced Mobility Systems R&D Div., Mechanical & Energy Eng. R&D Div., Advanced TestingEvaluation Div.

R&D Tokyo Administration Dept.

Yasushi Matsui

Global Strategy Center, Finance & Accounting Div., Work Style Reforms Dept.

Hirotsugu Takeuchi

Connected & Cockpit Business Unit,

Thermal Systems R&D Function Unit

Keiko Shimokata

Safety Health & Environment Div.(Health & Environment), Health Care Promotion Div.,

DENSO BLOSSOM Co. LTD

Terutaka Kageyama

Sales Engineering

○Hidehiro Yokoo

Global Strategy Div. (Public Relations), Corporate Communications Div., Legal Div., Tokyo Office (Public Relations)

Yutaka Yamanouchi

Production Innovation Planning Div.,

Production Control Div., Facility Div.,

DENSO E&TS TRAINING CENTER CORP.

Hisashi Iida

AD&ADAS Business Unit,

Electronic Control Components Div.

Marco Di Rao Marotta

Thermal Systems Business of Europe,

DENSO THERMAL SYSTEMS S.p.A.

Sinnosuke Hayashi

Mobility Systems Function Unit,

Basis Electronic Technology Unit,

DENSO CREATE INC.

Yasushi Mukai

Engine Components Business Unit,

Powertrain Systems Business Planning Dept.

Katsuhiko Takeuchi

Engine Systems Business Unit,

Powertrain Systems Development Div.

Tomoyuki Arakawa

New Business Unit, AgTech Promotion Div.

Kazuoki Matsugatani

Engineering of Europe

Katsuhiko Sugito

Machinery & Tools Div., FA Business Unit

○Koichi Nagaya

Quality Control Div.,

Safety Health & Environment Div. (Safety)

○Hirotaka Yato

Aftermarket Business Unit,

Customer Service Div.

○Kazuhiro Iwai

Secretarial Dept., Human Resources Div., General Admin. Div.,

Plant General Administration,

Motor business integration Dept.

○Hiroshi Kondo

Electronics Business Unit

○Seiji Maeda

Motor Business Unit

○Eiji Inoue

Air-Conditioning Business Unit

○ Newly-appointed

2. Changes of Members of the Board and Audit & Supervisory Board Member

DENSO decided the following changes of members of the Board and the members on its Audit & Supervisory board. This changes will be effective after the 95th Annual General Meeting of Shareholders, 2018.:

(1)Shoji Tsuzuki will be appointed as members of the Board. Currently he is a senior executive director

(2)The following will resign as from members of the Board:

  • Nobuaki Katoh
  • Koji Kobayashi
  • Yoshikazu Makino

(3)Motomi Niwa will be appointed as member of the Audit & Supervisory Board.

(4)Masato Iwase will resign as member of the Audit & Supervisory Board.

DENSO’s New Board of Directors and Audit & Supervisory Board

as of Annual General Meeting of Shareholders, 2018

Board of Directors                               *Representative,  **Outside

Title

Name

*President & CEO

Koji Arima

*Executive Vice President

Haruya Maruyama

Yasushi Yamanaka

Hiroyuki Wakabayashi

Member of the Board

○Shoji Tsuzuki

George Olcott**

Takashi Nawa**

Audit & Supervisory Board Members                                      **Outside

Title

Name

Audit & Supervisory Board Member

Atsuhiko Shimmura

○Motomi Niwa

Moritaka Yoshida**

Tsutomu Saito**

Noriyuki Matsushima**

○ Newly-appointed

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 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 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.

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 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 Takes a Stake in CREATIONLINE to Strengthen Connectivity Business

KARIYA (Japan) ― DENSO Corporation today announced that it has taken an equity stake in CREATIONLINE, Inc., which excels at deploying and integrating cloud and other technologies that enable next-generation software development, including open source software.

The auto industry is undergoing a once-in-a-century paradigm shift. Competition continues to intensify as new players from other industries enter the market and as speed to market also increases. DENSO invests in companies both within and outside the automotive industry in order to pioneer future mobility solutions and products more nimbly, blending its existing technologies and automotive component expertise with new perspectives and agile R&D processes.

CREATIONLINE is one of few companies in Japan with a strong track record developing technologies using an open source and agile software development approach*1, both crucial for future connected vehicles. This equity participation will enable DENSO to harness the skills of CREATIONLINE’s IT engineers, who are developing advanced technologies key to growing connectivity-related business. DENSO will also participate in various open source communities*2 organized or co-organized by CREATIONLINE to strengthen its own world-class software-oriented development system.

*1 A development technique in which each process is performed quickly to complete software with minimal functionality instead of going through the entire sequence of processes including requirements specification, design, implementation, and testing.

*2 Organizations that are run by volunteers mainly to develop and improve open source software (OSS) and share information. 

Profile of CREATIONLINE, Inc.

1. Name: CREATIONLINE, Inc.
2. Establishment: January 2006
3. Location: 3-6 Kandasakuma-cho, Chiyoda-ku, Tokyo, Japan
4. Representative: CEO and Representative Director Tadahiro Yasuda
5. Businesses: Cloud integration, data analysis, MSP

 

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 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 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.

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 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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