SOUTHFIELD, Mich. – The DENSO North America Foundation (DNAF) today announced it is making a $25,000 contribution to the American Red Cross disaster fund to help respond to the Gatlinburg, Tenn. wildfires, the Athens, Tenn. tornado, and Greenville, N.C. flooding.

“Our thoughts go out to those impacted by the disasters in Tennessee and North Carolina,” said Mike Brackett, member of the DENSO North America Foundation Board of Directors and senior vice president of Corporate Services at DENSO’s Maryville, Tenn., facility. “As a strong community partner and supporter, DENSO is pleased to make a donation to help our communities during this time of need.”

Employees from DENSO’s Athens and Maryville, Tenn. locations volunteered to work with the American Red Cross to help with wildfire and tornado clean-up efforts. In addition, employees from these locations teamed up to sell t-shirts to collect donations totaling $20,000 so far.

One of the core principles of the DENSO foundation is to provide disaster relief grants through the American Red Cross and other local agencies to aid persons and communities in which DENSO operates. Founded in 2001, DNAF is a registered 501(c)3 corporate foundation dedicated to helping students advance their education in engineering, technology and other related programs.

DENSO is also encouraging its employees, friends or family to make a donation to the American Red Cross to help support its efforts. Click here to donate.

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 15,000 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$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com. 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, 2016, totaled US$40.2 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/

About DENSO’s North American Aftermarket Group
DENSO’s North American aftermarket group supplies parts for original equipment service dealers, independent aftermarket service centers and retailers. In addition, the company distributes heavy-duty diesel and electrical components, portable commercial air-conditioning units and industrial robots. The company employs approximately 500 people in Long Beach and Murrieta, California. The company’s product line includes heavy-duty and automotive alternators, starters, oil, cabin and air filters, spark plugs, AC compressors, oxygen sensors, ignition wires, fuel pumps, fuel injectors and wiper blades. For more information, go to www.densoautoparts.com. Connect with DENSO Auto Parts on Facebook at https://www.facebook.com/densoautoparts/.

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SOUTHFIELD, Mich. – As global automotive supplier DENSO continues to expand its footprint in North America, the company is committed to regional and global leadership development. DENSO is pleased to announce the following management and organizational changes across North America, effective January 1, 2017.

“By promoting those who will lead the way, DENSO continues to advance its goals of protecting lives, preserving the planet and preparing a bright future for generations to come,” said Kenichiro Ito, chairman of DENSO’s North America Board of Directors and chief executive officer of DENSO’s North American headquarters in Southfield, Mich. “These changes help broaden the scope of our executive team, strengthening our regional approach and providing unique challenges and opportunities to DENSO’s leaders. It improves collaboration within our local companies, across the region and across DENSO globally.”

Bill Foy was named senior vice president of Engineering. Located in Southfield, Mich., Foy is responsible for overseeing all North American product engineering and development, including climate control, engine components and systems, engine electrical, safety products, cluster, in-vehicle-infotainment, body electronics and small motor engineering. Previously, he served as senior vice president of the Sales & Marketing Division.

Doug Patton will continue his role as executive vice president of Engineering and chief technology officer. In 2017, he assumes the role of SAE International president. This change will allow him to focus on his role as SAE International president, as well as help broaden the scope of DENSO’s executive team.

Denise Carlson was promoted to vice president of the North America Planning and Material Engineering, Production Innovation Center. Located in Southfield, Mich., Carlson is responsible for overseeing Material Development, Material Quality Assurance, and Material Education for DENSO’s North American product groups.

Kara Grasso was promoted to vice president of Fiat Chrysler Automobiles (FCA) Sales group, located at DENSO’s Southfield, Mich. facility. She oversees FCA Sales strategy and activities in all key product areas. She was also appointed to lead DENSO’s Product Sales Strategy. Previously, she was director of FCA Sales.

Benjamin Luppino will serve as vice president of Toyota Sales Group, located at DENSO’s Southfield, Mich. facility. His primary responsibility is guiding the operational and personnel activities for the Toyota Motors Sales group, including overall sales expansion. Previously, he served as vice president and global lead of the General Motors Sales Group.

Rob Hempel will serve as vice president of General Motors Sales Group, located at DENSO’s Southfield, Mich. facility. His primary responsibility is guiding the operational and personnel activities for the General Motors Sales group, including overall sales expansion. Previously he served as global lead for Toyota Sales.

Chuntao Ye was promoted to senior vice president. Ye is responsible for Instrument Cluster, Electronics, and Body Electronics plants located in Maryville, Tenn. He also serves as Deputy Leader of Information & Safety Systems. Previously, he served as vice president of DENSO’s Alternator/Starter Division in Maryville.

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 15,000 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$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com. 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, 2016, totaled US$40.2 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/

About DENSO’s North American Aftermarket Group
DENSO’s North American aftermarket group supplies parts for original equipment service dealers, independent aftermarket service centers and retailers. In addition, the company distributes heavy-duty diesel and electrical components, portable commercial air-conditioning units and industrial robots. The company employs approximately 500 people in Long Beach and Murrieta, California. The company’s product line includes heavy-duty and automotive alternators, starters, oil, cabin and air filters, spark plugs, AC compressors, oxygen sensors, ignition wires, fuel pumps, fuel injectors and wiper blades. For more information, go to www.densoautoparts.com. Connect with DENSO Auto Parts on Facebook at https://www.facebook.com/densoautoparts/.

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LONG BEACH, Calif. – DENSO Products and Services Americas, Inc., an affiliate of leading global automotive supplier DENSO Corp., has released its 2017 Commercial & Heavy Duty Starter & Alternator Catalog (http://densoheavyduty.com/denso-hd-starter-alternator-catalog). DENSO announced the new catalog today at the 2017 Heavy Duty Aftermarket Week (HDAW) trade show in Las Vegas.

The catalog, which includes DENSO’s award-winning PowerEdge alternator, features 951 part numbers with applications for 18,000 heavy-duty trucks and off-road vehicles in operation today.
The coverage represents a 17 percent increase in DENSO part numbers and 57 percent increase in applications.

In addition to the print version, the catalog is available for the first time online as an interactive digital resource and a downloadable PDF file. During the trade show, hard copies are available at DENSO’s exhibit (Booth #621).

For more than 30 years, DENSO Commercial & Heavy Duty, a dedicated group within DENSO Products and Services Americas, has been building the parts that keep the most powerful trucks and equipment operating on the highway and off-road. Like all DENSO products, heavy-duty starters and alternators are built with the highest precision and craftsmanship to exact original equipment (OE) standards.

DENSO’s 2017 Commercial & Heavy Duty Starter & Alternator Catalog makes it easy to find the right replacement part the first time. Customers can quickly locate the part they need by make, vehicle type, year, model and engine type. Features include a comprehensive photo guide, listings that cross-reference DENSO part numbers to their OE-counterparts, and an additional section that cross-references part numbers by manufacturer.

The new catalog also contains general resource information. Sections cover visual battery inspection, performance testing and charging, tips for charging and starter systems, removal and installation information for starters and alternators, DENSO’s limited warranty and core return policies, and a kilowatt-to-horsepower conversion chart. The print catalog features convenient section tabs.

To view the digital version or download a PDF file of the 2017 Commercial & Heavy Duty Starter & Alternator Catalog, visit insert link. Print copies are available by contacting your local DENSO representative or calling 1-888-96-DENSO (option #2).

About DENSO Products and Services Americas, Inc.
DENSO Products and Services Americas, Inc. is an automotive components sales, remanufacturing and distribution company that employs 500 people in Long Beach and Murrieta, Calif. The company’s product line includes heavy-duty and automotive alternators, starters, oil, cabin and air filters, spark plugs, AC compressors, oxygen sensors, ignition wires, fuel pumps, fuel injectors and wiper blades. DENSO Products and Services Americas supplies parts for original equipment service dealers, independent aftermarket service centers and retailers. In addition, the company distributes heavy-duty diesel and electrical components, portable commercial air-conditioning units and industrial robots. For more information, go to www.densoautoparts.com.

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, 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, 2016, totaled US$40.2 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.globaldenso.com or visit our media website at http://www.globaldenso.com/en/newsreleases/media-center/.

About DENSO in North America
In North America, DENSO employs more than 22,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

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LONG BEACH, Calif. – DENSO Products and Services Americas, Inc., an affiliate of leading global automotive supplier DENSO Corp., has partnered with Clean Diesel Technologies, Inc., (CDTi), a global manufacturer of vehicle emissions control systems, to introduce a new line of aftermarket emissions control products for heavy-duty trucks and equipment. The two California-based companies announced the launch of CDTi offered by DENSO particulate filters (DPFs) and diesel oxidation catalysts (DOCs) today at the 2017 Heavy Duty Aftermarket Week (HDAW) trade show in Las Vegas.

Available now, CDTi offered by DENSO features 60 DPF part numbers covering more than 260 original equipment (OE) quality products and seven DOC part numbers for heavy-duty on-road and off-road trucks and equipment. The partners plan to expand the product line with an additional 20 DPF and 15 DOC part numbers later this year.

“DENSO is excited to partner with CDTi to meet the growing demand for OE-quality aftertreatment products in the heavy-duty trucking and equipment industry,” said Frank Jenkins, senior manager of DENSO’s Heavy Duty Marketing Group. “CDTi is a clean-tech company that shares our commitment to product reliability and durability, rigorous safety and performance standards, innovation, customer service and environmental stewardship.”

CDTi offered by DENSO replacement diesel particulate filters (DPFs) and diesel oxidation catalysts (DOCs) provide equivalent emissions control versus OEM replacement units when installed in 2007 and newer heavy-duty diesel equipment

Superior features include high-grade stainless steel and other materials that increase durability by resisting corrosion and preventing failures; 100 percent OE-manufacturer substrates that maximize DPF performance and minimize backpressure, CGTI’s patented advanced coatings that increase catalyzation and regeneration efficiency; and “exact-fit” designs that include gaskets to meet specific application needs, reduce part numbers and streamline installation.

Turnkey CDTi offered by DENSO DPFs and DOCs are approved for horizontal, vertical and dual installation and backed by a two-year unlimited mileage warranty. Many of the components are manufactured in the U.S.

All part numbers meet strict U.S. Environmental Protection Agency emissions control regulations and are available for purchase and installation in 49 U.S. states and Canada.

For information on DENSO’s full line of commercial and heavy-duty aftermarket products, visit the DENSO exhibit at Booth 621 in the main hall. HDAW’s annual trade show is the largest gathering of independent heavy-duty aftermarket industry leaders, distributors, suppliers, service providers, educators and trade media in North America.

About DENSO Products and Services Americas, Inc.
DENSO Products and Services Americas, Inc. is an automotive components sales, remanufacturing and distribution company that employs 500 people in Long Beach and Murrieta, Calif. The company’s product line includes heavy-duty and automotive alternators, starters, oil, cabin and air filters, spark plugs, AC compressors, oxygen sensors, ignition wires, fuel pumps, fuel injectors and wiper blades. DENSO Products and Services Americas supplies parts for original equipment service dealers, independent aftermarket service centers and retailers. In addition, the company distributes heavy-duty diesel and electrical components, portable commercial air-conditioning units and industrial robots. For more information, go to www.densoautoparts.com.

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, 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, 2016, totaled US$40.2 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.globaldenso.com or visit our media website at http://www.globaldenso.com/en/newsreleases/media-center/.

About DENSO in North America
In North America, DENSO employs more than 22,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

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SOUTHFIELD, Mich. – DENSO, a global automotive supplier with its North American headquarters in Southfield, Michigan, announces its 2017 commitment to FIRST Robotics. DENSO has backed FIRST, a program designed to inspire young people’s interest and participation in science and technology, for more than 15 years through volunteer mentors, product and technology donations, and monetary funding. Since 2002, DENSO has donated more than $800,000 to FIRST Robotics.

DENSO announced its plans today as Michigan Governor Rick Snyder, Honorary Chair of the FIRST Championship Detroit Host Committee, and other Detroit leaders launched activities leading up to FIRST Championship Detroit in April 2018 at a press conference at the North American International Auto Show at Cobo Center in Detroit.

DENSO, a Silver Level Supplier Sponsor of FIRST, has teamed up with its affiliate, ASMO North Carolina, to donate 22,000 window motors to student team build kits for the for 2016-2018 competition seasons. Students are challenged to use the window motor and other parts to build a robot that completes the challenge they’re given. DENSO’s motor can be used to spin wheels, or move parts or “joints” of the robot.

“Every FIRST Robotics team around the world will have a DENSO motor available to use on their champion robot,” said Doug Patton, executive vice president of Engineering at DENSO.  “DENSO donates its technology to help students get ’real-world’ hands-on experience. We want to engage students and get them excited about careers in engineering and technology.”

In 2017, DENSO is also sponsoring 25 teams throughout North America –

• 12 high school and 2 middles school teams in Southeast Michigan
• 6 teams in Battle Creek, Mich.
• 2 teams in Maryville, Tenn.
• 2 teams in Cedar Falls and Waterloo, Iowa
• 1 team in Dublin, Ohio

DENSO also sponsors the FIRST Robotics Southfield (Michigan), Lakeview (Michigan), Smoky Mountain (Tennessee) and Iowa regional competitions since they are held in the communities where DENSO is located.

FIRST Robotics has been compared to a varsity sport with hands-on training in science and technology to help students discover how rewarding a career in engineering or technology can be. STEM and mentoring programs like FIRST also give DENSO employees a chance to give back.

“One of the best things I get out of participating is watching when the kids understand and the lightbulb goes on” said Gary Held, DENSO senior design engineer and FIRST Robotics mentor.
“It’s a great opportunity to open kids up to hands-on learning about science, technology, engineering and math – some things that you might not get from regular classes.”

Participating in FIRST Robotics encourages students to pursue education and careers in STEM-related fields and inspires them to become leaders and innovators, and enhance their 21st century work-life skills.

About FIRST
FIRSTwas founded in 1989 to inspire young people’s interest and participation in science and technology. Based in Manchester, NH, the 501(c)(3) not-for-profit public charity designs accessible, innovative programs that motivate young people to pursue education and career opportunities in science, technology, engineering, and math, while building self-confidence, knowledge, and life skills. High-school-aged teams compete head-to-head on a special playing field with robots they have designed, built, and programmed.

Under strict rules, limited resources, and the guidance of volunteer mentors including engineers, teachers, business professionals, parents, alumni and more, teams of 25+ students have just six weeks to build and program robots to perform challenging tasks against a field of competitors. They must also raise funds, design a team “brand,” hone teamwork skills, and perform community outreach. In addition to learning valuable STEM and life skills, participants are eligible to apply for $25+ million in college scholarships.

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 15,000 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$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com. 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, 2016, totaled US$40.2 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/

About DENSO’s North American Aftermarket Group
DENSO’s North American aftermarket group supplies parts for original equipment service dealers, independent aftermarket service centers and retailers. In addition, the company distributes heavy-duty diesel and electrical components, portable commercial air-conditioning units and industrial robots. The company employs approximately 500 people in Long Beach and Murrieta, California. The company’s product line includes heavy-duty and automotive alternators, starters, oil, cabin and air filters, spark plugs, AC compressors, oxygen sensors, ignition wires, fuel pumps, fuel injectors and wiper blades. For more information, go to www.densoautoparts.com. Connect with DENSO Auto Parts on Facebook at https://www.facebook.com/densoautoparts/.

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SOUTHFIELD, Mich. – At its press conference during the North American International Auto Show (NAIAS), global auto supplier DENSO announced it will open an onsite recruiting center during the event at Cobo Center in Detroit. Auto show attendees will have the opportunity to talk with DENSO recruiters and hiring managers at its booth, located along Hall A of the main show floor.

The center will be open from 10 a.m. to 3 p.m. for three days during the show, with each day focused on specific employment opportunities:

• Tuesday, Jan. 17: Skilled trades and maintenance opportunities in manufacturing
• Thursday, Jan. 19: Professional and engineering careers
• Friday, Jan. 20: Co-op and internship opportunities

“DENSO is excited to have a recruiting center at the auto show, as this is where skilled talent interested in automotive technology will be,” said Stacy Gallucci, Sr. Manager North America Talent Acquisition, DENSO International America. “DENSO is taking an innovative approach with on-the-spot interviews at the show to attract professionals and students who will help us fulfill our mission. Highly exceptional individuals have the possibility of receiving contingent offers, as well as relocation assistance for applicable and/or eligible skilled trades and engineering positions.”
DENSO is using the recruiting center at NAIAS to continue its efforts to attract candidates who want to help protect lives, preserve the planet and prepare a bright future for generations to come. The company is dedicated to investing in its employees and creating a rewarding, stable and collaborative work environment. DENSO offers competitive pay, high level of benefits with low premiums, and training and development.
“As technologies such as autonomous drive change the automotive industry, we need innovative and skilled individuals who can design, build, maintain, and market our products,” said Gallucci. “We want to fill these positions with the best and brightest in the industry, who can help drive this change and grow their DENSO career, with opportunities to take mobile assignments around the U.S., North America and globally.”
DENSO’s NAIAS recruiting center will be used to identify talent for its North American operations in the U.S. and Canada for positions at manufacturing plants and regional headquarters. Subject matter experts from R&D, engineering, sales, plants, as well recruiters will be at the DENSO booth to attract experienced and entry-level candidates, as well as students in mechanical engineering, electrical engineering, and software and computer engineering. DENSO is also recruiting for entry-level apprentices, management and supervisory candidates with a mid-range of experience in skilled trades and maintenance.

Visit JoinDENSO.com to learn more and express interest in an interview.

DENSO’s recruiting team will also participate in the NAIAS Education Day on Jan. 18 to help dispel the myths students may have about manufacturing careers and to encourage middle and high school students to consider careers in science, technology, engineering and math (STEM).

It is DENSO’s 13th consecutive year exhibiting at the show, and the company is a premier sponsor of the event.

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 15,000 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$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com. 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, 2016, totaled US$40.2 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/

About DENSO’s North American Aftermarket Group
DENSO’s North American aftermarket group supplies parts for original equipment service dealers, independent aftermarket service centers and retailers. In addition, the company distributes heavy-duty diesel and electrical components, portable commercial air-conditioning units and industrial robots. The company employs approximately 500 people in Long Beach and Murrieta, California. The company’s product line includes heavy-duty and automotive alternators, starters, oil, cabin and air filters, spark plugs, AC compressors, oxygen sensors, ignition wires, fuel pumps, fuel injectors and wiper blades. For more information, go to www.densoautoparts.com. Connect with DENSO Auto Parts on Facebook at https://www.facebook.com/densoautoparts/.

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LONG BEACH, Calif. – DENSO is once again exhibiting at this year’s Heavy Duty Aftermarket Week (HDAW) in Las Vegas, Jan. 23 – 26, 2017, to display its latest heavy duty products. The company will hold a news conference to make a major product announcement.

WHAT:  DENSO will be making a major product announcement.  In addition, DENSO will be revealing a new product catalog.

WHO:  Joseph Mejaly, senior vice president, Sales, Operations, Strategic Planning and Marketing, DENSO Products and Services Americas, Inc.

WHEN: Tuesday, Jan. 24, 10:00 to 10:30 a.m. Pacific Time

WHERE: Andros A Conf. Room, Mirage Hotel and Conference Center

Questions and Interview Scheduling:
If you would like to RSVP or schedule an interview with DENSO executives, please contact Dan Alf of DENSO Products and Services Americas at 310-513-7353 or dan_alf@densodrive.com.

About DENSO Products and Services Americas, Inc.
DENSO Products and Services Americas, Inc. is an automotive components sales, remanufacturing and distribution company that employs 500 people in Long Beach and Murrieta, Calif. The company’s product line includes heavy-duty and automotive alternators, starters, oil, cabin and air filters, spark plugs, AC compressors, oxygen sensors, ignition wires, fuel pumps, fuel injectors and wiper blades. DENSO Products and Services Americas supplies parts for original equipment service dealers, independent aftermarket service centers and retailers. In addition, the company distributes heavy-duty diesel and electrical components, portable commercial air-conditioning units and industrial robots. For more information, go to www.densoautoparts.com.

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, 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, 2016, totaled US$40.2 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.globaldenso.com or visit our media website at http://www.globaldenso.com/en/newsreleases/media-center/.

About DENSO in North America
In North America, DENSO employs more than 22,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com.
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PRESS KIT >

SOUTHFIELD, Mich. – Global automotive supplier DENSO will showcase interactive and virtual reality displays to bring its autonomous driving, safety and environmental technologies to life at the 2017 North American International Auto Show (NAIAS) at Cobo Center in Detroit, Jan. 8-22. It is DENSO’s 13th consecutive year exhibiting at the show. DENSO is a premier sponsor of the event.

Virtual Reality Experience
DENSO’s Virtual Reality Experience introduces the participant to DENSO’s world of Smarter Mobility and Smarter Living. An animated, virtual guide takes viewers through three scenarios to show how DENSO is shaping the future of mobility by illustrating a world where vehicles can communicate – with other vehicles, with traffic lights, with infrastructure, and even with their home.

City Scenario: With the vehicle’s ability to “see” other vehicles using vehicle-to-vehicle (V2V) technology, it can help avoid accidents before the driver even sees it, such as a car that cuts it off in traffic. Vehicle-to-infrastructure (V2I) technology also can change a signal to green if there is no opposing traffic.

Country Scenario: The viewer “drives” down a country road and sees a deer suddenly jump in the road. Using camera and radar technology, the car can “recognize” the deer, along with other objects that should not be in the road, to prevent an accident.

Off-Road Scenario: Standing in a trail path, the viewer sees ATVs coming toward her. With the ability for the ATV to “see” the signal from the viewer’s cell phone, the ATV can be notified by a signal and avoid an accident.

DENSO’s Innovations
DENSO’s technologies will come to life with 3D images popping up on a “vehicle tour” that showcases the parts and innovations DENSO makes for automobiles, including starters, alternators, radiators, condensers, hybrid components, battery thermal management and sensors. The display will also highlight its latest innovations in Human Machine Interface, Active Safety/Autonomous Drive and V2X technologies.

Press Conference
DENSO will host a news conference at 8:30 a.m. on Tuesday, Jan. 10, at its booth to provide an overview of DENSO’s Vision 2020, an update on strategic startup technology partnerships, and DENSO’s North American investments. DENSO will also make an announcement related to its North American recruiting activities.

NHRA Champion Clay Millican 
DENSO is an affiliate sponsor of drag racer Millican and title rights sponsor for the DENSO Spark Plugs National Hot Rod Association (NHRA) Nationals in Las Vegas. Six-time World Champion Millican will be at the DENSO booth on Education Day, Jan. 18, along with his dragster race car, which will be at the DENSO booth for the entire show.

Clay Millican Model Dragster Giveaway
DENSO will be giving away a Clay Millican NHRA Model Dragster (1:24 scale) to the first 25 people on the public days of the show who tag DENSO in North America’s Facebook page with a photo of themselves in the DENSO booth.

Michigan Artist Daniel Cascardo
Michigan-based artist Daniel Cascardo will be DENSO’s residence artist for three days – on Monday, Jan. 9, for the Press Preview; on Friday, Jan. 13, for the Charity Preview; and on Wednesday, Jan. 18, for Education Day. Cascardo will create spontaneous mural images in DENSO’s booth. During Education Day, he will interact with students and allow them to add color, patterns and shape to the artwork.

Questions & Interview Scheduling:
If you would like to schedule an interview with DENSO executives, please contact Janine Krasicky Sadaj, J9 Media Solutions, at 248-514-4558 or janine@j9media.com, or Bridgette LaRose at 248-372-8266 or bridgette_larose@denso-diam.com.

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 15,000 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$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com. 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, 2016, totaled US$40.2 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/

About DENSO’s North American Aftermarket Group
DENSO’s North American aftermarket group supplies parts for original equipment service dealers, independent aftermarket service centers and retailers. In addition, the company distributes heavy-duty diesel and electrical components, portable commercial air-conditioning units and industrial robots. The company employs approximately 500 people in Long Beach and Murrieta, California. The company’s product line includes heavy-duty and automotive alternators, starters, oil, cabin and air filters, spark plugs, AC compressors, oxygen sensors, ignition wires, fuel pumps, fuel injectors and wiper blades. For more information, go to www.densoautoparts.com. Connect with DENSO Auto Parts on Facebook at https://www.facebook.com/densoautoparts/.

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KARIYA (Japan) – DENSO Corporation today announced that it has developed a small stereo vision sensor to contribute to improving the safety of compact vehicles. The new product is the world’s smallest* automotive stereo vision sensor and is used in Smart Assist III, a crash avoidance system designed for the new Daihatsu Tanto, which was released in November 2016.

Vision sensors use a camera to detect white lines and obstacles on the road ahead. The new sensor uses a pair of cameras placed side by side, which enables the distance to a target object to be measured more accurately and enhances the activation of autonomous emergency braking systems to avoid a collision with another vehicle or a pedestrian, lane departure warning systems, and auto high beam systems that automatically switch the headlights from high beam to low beam for better night vision.

Compact vehicles have limited space to install devices. Therefore, vision sensors are required to be small for easier installation. Generally, in stereo cameras, the longer the distance between the two camera lenses (baseline), the longer the measurable distance to the target, meaning that the camera body needs to be larger to extend the maximum measurable distance. A combination of highly accurate lens distortion correction and stereo matching technologies enables the new sensor to ensure that the maximum measurable distance is long enough while the baseline length is halved. Moreover, the new sensor is integrated with and is controlled by an ECU. Thus, the new product can be installed more easily.

The abovementioned innovations enable the new sensor to be mounted behind the windshield rearview mirror so the driver’s forward vision is not hindered. The sensor is located within the range of the windshield wipers, where contamination on the windshield is easily removed by their blades, so that the sensor can perform properly without being affected by rain and other debris on the windshield.

In 2012, DENSO developed a laser radar sensor used in Daihatsu’s Smart Assist System, the first active safety product of its kind introduced to the Japanese compact vehicle market. Using technologies that it has developed, DENSO will continue to contribute to building a traffic accident-free, safe and secure automotive society for all people around the world, not just for drivers and pedestrians.

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, 2016, totaled US$40.2 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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KARIYA & TOKYO (Japan) – DENSO Corporation and NEC Corporation today announced their cooperation in the fields of advanced driver assistance, automated driving, and manufacturing, to help preserve the global environment and create a safe and secure automotive society.

The two companies will cooperate based on DENSO’s high level of technology and manufacturing capability accumulated through its experience in the automotive market and NEC’s artificial intelligence (AI), Internet of Things (IoT), security, and other advanced technologies, as well as its remarkable achievements in system architecture and operation, which have been developed in its information and communications technology (ICT) services.

In the fields of advanced driver assistance and automated driving, to assess the performance of deep learning approaches to hazard prediction, DENSO and NEC will jointly develop safe and secure driving components with NEC’s AI to create hazard prediction technology.

Competition to develop automated driving and vehicle electrification technologies will become more intense and interaction among automotive systems will become increasingly complicated. To develop automotive products effectively, DENSO and NEC will capitalize on the NEC Group’s system developers to build a rapid and flexible product development system.

Additionally, with further advancement of the IoT, the security of corporate information infrastructure and products will become even more critical. DENSO and NEC will consider how best to collaborate to ensure greater security based on their expertise.

Moreover, the two companies will consider cooperation in manufacturing by combining NEC’s various IoT technologies.

The two companies will leverage technologies, products, and systems resulting from this cooperation and openly and actively build partnerships with other companies which share the same vision, in order to help build a safe, secure, efficient, and fair automotive society for people around the world.

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, 2016, totaled US$40.2 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/

About NEC Corporation
NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company’s experience and global resources, NEC’s advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society. For more information, visit NEC at http://www.nec.com

The NEC Group globally provides “Solutions for Society” that promote the safety, security, efficiency and equality of society. Under the company’s corporate message of “Orchestrating a brighter world,” NEC aims to help solve a wide range of challenging issues and to create new social value for the changing world of tomorrow. For more information, please visit http://www.nec.com/en/global/about/solutionsforsociety/message.html

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SOUTHFIELD, Mich. – Global automotive supplier DENSO is making its director of Corporate Ventures, Tony Cannestra, available to meet with early-stage technology startups at the 2017 International Consumer Electronics Show (CES) in Las Vegas. DENSO is in Booth #5431 in North Hall at the Las Vegas Convention Center (LVCC).

In the past two years, DENSO has invested in five technology startups to advance efforts in autonomous driving, connected vehicles, human machine interface (HMI), and artificial intelligence. DENSO is aggressively looking to invest in new partner companies working on technologies that benefit the automotive industry and ultimately, society as a whole.

“By continuing to build on our significant achievements in safety, autonomous drive systems, environmental technologies, and augmented reality, we are making great progress toward a smarter, safer and more convenient world,” said Cannestra.

Cannestra will be available for 20-minute meetings at the DENSO booth from 12 – 4 p.m. on Friday, Jan. 6. DENSO wants to talk with companies that focus on: autonomous driving, connected vehicle, auto cyber security, Internet of Things, industrial robotics and mobility as a service. Companies that meet DENSO’s criteria will have the opportunity to pitch their products and technologies as well as seek insight from Cannestra based on his years of experience as a venture capitalist. Startups should plan on a brief, casual conversation and bring background on their company to explain their technologies.  To see if you meet the criteria and to schedule an appointment with Cannestra, please visit this site http://www.densocorp-na.com/CESstartups/

Examples of recent DENSO investments include ThinCI, a vision processing startup developing innovative deep learning technology; Trilumina, a semiconductor laser startup, and Peloton Technology, a connected and automated vehicle technology company dedicated to improving the safety and efficiency of the U.S. trucking industry and other global automotive markets.

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 15,000 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$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com. 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, 2016, totaled US$40.2 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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Guelph, Ontario – DENSO Manufacturing Canada took its commitment to quality into the community today in a move that will definitely land them on Santa’s Nice List.

A recent quality initiative at DENSO Manufacturing Canada in Guelph, ON will benefit more than customers and employees. It will put something very special under the tree for 37 local children. During the past few months, employee teams participated in quality and safety initiatives to earn four parts of a child’s bicycle. Then, teams assembled the bikes – under the supervision of a qualified mechanic –so they can be donated to the Guelph Neighbourhood Support Coalition.

“The DENSO spirit is all about collaboration, challenge and teamwork so it was natural – and fun – to rethink the quality challenge to benefit the community at this time of year,” said Rich vanOorschot, President DENSO Manufacturing Canada. “We’re growing in Guelph and so is our community engagement.”

Brendan Johnson, Executive Director of the Guelph Neighbourhood Support Coalition, received the bikes today and will lead the distribution to selected families across the city. He said “Bicycles mean freedom, adventure and fun but not everyone in our community has a bike – especially a new one. This is such a wonderful, welcome and powerful surprise!”

A former bike shop employee himself, Guelph Mayor Cam Guthrie was also on hand for the DENSO event. These are just the types of partnerships he likes to see. “Hats off to DENSO employees for using their skills to build brand-new bikes, then donating them to children just in time for the holiday season,” he said. “This is a terrific example of giving back to our community. Thank you DENSO!”

About DENSO
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, 2016, totaled US$40.2 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.

In North America, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky Michigan, North Carolina, Ohio, Pennsylvania South Carolina, Tennessee and Texas. DENSO’s North American headquarters is located in Southfield, Michigan. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016.

In Canada, DENSO employs more than 700 people at its manufacturing plant in Guelph, ON, and Sales office in Mississauga, ON. In Guelph, DENSO manufactures automotive heating, ventilation and air conditioning units, radiators, condensers, engine fans and engine cooling modules for its North American customers. For more information, visit www.densocorp-na.com. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

About the Guelph Neighbourhood Support Coalition
The Guelph Neighbourhood Support Coalition is a charitable organization that supports Neighbourhood Groups all across the City of Guelph. The coalition also has the super support of 10 amazing partner organizations. The vision of the GNSC is to create a healthy, safe community where everyone feels at home. This happens through programs and services offered at the neighbourhood level. This year over 260 programs will be delivered to over 35,000 people. This happens through the over 1500 volunteers who gift 40,000 hours of their time and expertise.

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SOUTHFIELD, Mich. – University of Michigan-Dearborn students will help shape the future of mobility by participating in MDrive, a car sharing study announced by DENSO International America, Inc. today. DENSO, a global automotive supplier, with support from Detroit-based NextEnergy, an accelerator of advanced energy and mobility technologies, launched the study to determine what technologies may be needed for a new car sharing segment. The students will provide feedback about car sharing and offer insights on helpful or unnecessary features in current car models.

“DENSO is helping drive the future of mobility solutions through this research and testing in a real-world environment,” said Michael Bima, a lead engineer in the North American Research and Engineering Center at DENSO International America. “Our goal is to learn more about what technoloigies are most needed in car share vehicles of the future. And this will help us collect user feedback to design products for the car sharing market.”

Thirty pre-selected students attending the University of Michigan-Dearborn and living at The Union at Dearborn will have access to a set of three Ford Focus Electric vehicles. Participants will reserve, share, and use these vehicles on a daily basis to run errands, meet friends for dinner or even catch a concert downtown in exchange for feedback on their driving and sharing experience.

Phase one of DENSO’s study will focus on car sharing with a small group of users at one location where the vehicles are returned to a set location. Current car sharing programs have been open to the general public and allow for one-way trips. DENSO is the first to gather user feedback and study the need for car share-specific technologies for people who live, work and frequent one location. DENSO will present the study results at the 2017 SAE World Congress.

“MDrive is a great opportunity for University of Michigan-Dearborn students to participate in an eco-friendly, alternative transportation option on campus,” said Chancellor Daniel Little. “Our students will be one of the few who have the potential to influence the new technology decision-making process for vehicle sharing products, services and business models.”

The vehicles will be stationed at The Union at Dearborn where three parking spots with charging stations were installed by DENSO. Students will reserve an available vehicle through a custom third-party reservation app and are free to travel without limitations within the continental United States. Along the way, real-time data will be collected through on-board diagnostics equipment and on-board cameras will capture video of the user experience while the car is running. Following each trip, users will complete short surveys and participate in weekly discussion boards to provide suggestions for improving car sharing vehicles of the future.

“MDrive is a great example of a collaboration to advance mobility research that will ultimately accelerate the mass development and adoption of mobility technologies and solutions,” said Jean Redfield, president and CEO of NextEnergy, which worked alongside DENSO to develop and manage the program, collect survey data, and engage students.

About DENSO
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, 2016, totaled US$40.2 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.

In North America, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky Michigan, North Carolina, Ohio, Pennsylvania South Carolina, Tennessee and Texas. DENSO’s North American headquarters is located in Southfield, Michigan. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

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KARIYA (Japan) – DENSO Corporation today announced that it and Imagination Technologies (LSE: IMG) (hereinafter “Imagination”), headquartered in Hertfordshire, UK, are undertaking joint research on hardware multithreading that enables a processor (CPU) to execute multiple processes concurrently. The companies agree that this technology can provide an advantage for next-generation in-vehicle electronic systems.

With recent developments in advanced driver assistance systems (ADAS) and automated driving technologies, various in-vehicle components and functions have been computerized to ensure integrated control, and many computers (electronic control units or ECUs) have been built into vehicles. In general, LSIs (large-scale integrated circuits, which are a type of semiconductor device) incorporate two or more CPUs, and so the required performance of CPUs has become increasingly complex.

Imagination develops and licenses intellectual property for semiconductor system-on-a-chip*1 devices (SoC IP cores), and has world-class multithreading technologies that are integrated into its MIPS CPUs. DENSO has decided to launch a joint research programme with Imagination in order to implement multithreading more efficiently for interconnections between ECUs in particular.

DENSO has been developing technologies and products to help create a society free from traffic accidents. Based on these technologies, DENSO will continue to contribute to building a safe and secure automotive society for all people around the world, not just for drivers and pedestrians.

*1: A design technique for integrated circuits to integrate necessary functions on semiconductor chips

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, 2016, totaled US$40.2 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/

About DENSO in North America:
In North America, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky Michigan, North Carolina, Ohio, Pennsylvania South Carolina, Tennessee and Texas. DENSO’s North American headquarters is located in Southfield, Michigan. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

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LONG BEACH, Calif. – DENSO Products and Services Americas, Inc., a subsidiary of leading global automotive supplier DENSO International America, Inc., announced its new vehicle inspection tool, VehicleMRI, at the 2016 Automotive Aftermarket Parts Expo (AAPEX) in Las Vegas. The web-based application, which will be available in 2017, reflects DENSO’s increasing involvement in vehicle diagnostics as the company expands its role as a trusted supplier of top-quality aftermarket products, services and technology.

Developed by EASE Diagnostics, a DENSO subsidiary, VehicleMRI is a precision tool for inspecting and analyzing automotive electronic systems and pinpointing hidden problems beyond typical check-engine-light issues with maximum accuracy. VehicleMRI outperforms conventional Onboard Diagnostics II (OBD2) scanners by running a comprehensive check of all systems, identifying out-of-date system software, testing the vehicle’s battery, evaluating hundreds of key data points in minutes, and generating a complete report that can be viewed online and saved as a downloadable file.

VehicleMRI requires minimal training and equips repair centers and technicians with the detailed information needed to ensure their customers get the best service. The easy-to-use, web-based program makes it convenient to access the vehicle’s history from almost anywhere.

VehicleMRI is among the company’s pioneering products featured at AAPEX 2016. AAPEX is the premier trade show for the $356 billion global aftermarket industry. This year’s three-day event is expected to draw more than 160,000 automotive professionals – retailers, warehouse distributors, jobbers, technicians, buyers, industry leaders and innovators – from more than 140 countries.

For more information on DENSO’s new VehicleMRI System, as well as its full line of aftermarket automotive products, visit the DENSO booth (#2226) near the entrance inside the main hall. Additional information about DENSO products and services is available at www.densoautoparts.com.

About DENSO Products and Services Americas, Inc.
DENSO Products and Services Americas, Inc. is an automotive components sales, remanufacturing and distribution company that employs 500 people in Long Beach and Murrieta, Calif. The company’s product line includes heavy-duty and automotive alternators, starters, oil, cabin and air filters, spark plugs, AC compressors, oxygen sensors, ignition wires, fuel pumps, fuel injectors and wiper blades. DENSO Products and Services Americas supplies parts for original equipment service dealers, independent aftermarket service centers and retailers. In addition, the company distributes heavy-duty diesel and electrical components, portable commercial air-conditioning units and industrial robots. For more information, go to www.densoautoparts.com.

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, 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, 2016, totaled US$40.2 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.globaldenso.com or visit our media website at http://www.globaldenso.com/en/newsreleases/media-center/.

About DENSO in North America
In North America, DENSO employs more than 22,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: http://www.facebook.com/DENSOinNorthAmerica

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LONG BEACH, Calif. – Building on its successful partnership with the National Hot Rod Association (NHRA), DENSO Products and Services Americas, Inc. announces its return as title rights sponsor of next year’s DENSO Spark Plugs NHRA Nationals in Las Vegas. The weekend event will be held March 31-April 2, 2017, at The Strip at the Las Vegas Motor Speedway.

The DENSO Spark Plugs NHRA Nationals is the fourth of 24 races in the 2017 NHRA Mello Yello Drag Racing Series. Based on the tremendous response it has received as a supporting sponsor of the full 2016 circuit, DENSO is also proud to renew its sponsorship for the 2017 season.

“NHRA shares our values of excellence and innovation,” said Larry Fidance, manager of Marketing for DENSO Products and Services Americas, Inc., who announced the 2017 partnership with NHRA at the 2016 Automotive Products Expo (AAPEX) in Las Vegas. “We’re thrilled to build on our relationships with this outstanding organization and its teams to showcase DENSO sparks plugs as a championship product the pros rely on at the track and motorists depend on every day.”

DENSO spark plugs have powered top teams in nearly all of the drag racing classes throughout the 2016 NHRA Mello Yello series, which ends Nov. 10-13 with the NHRA Finals in Pomona, Calif. At every race, fans have flocked to the midway to purchase DENSO’s premium Iridium TT, Iridium Power and Iridium Racing spark plugs and learn more about the superior performance, durability and fuel economy of all DENSO spark plugs. Millions of automotive enthusiasts have also engaged with DENSO on Facebook, Twitter, Instagram and YouTube during the season.

For nearly half a century, DENSO, a leading global automotive supplier, has sponsored world-class motor sports, including NHRA, NASCAR, Formula One, World Rally Championship and Super GT races. DENSO spark plugs, alternators, radiators and engine management systems are among the precision original equipment and replacement auto parts widely used by professional racing teams on every circuit around the globe.

From 100,000 miles to 150 mph, DENSO has spark plugs to meet the needs of every driver. For more information, visit http://densoautoparts.com/spark-plugs.

About DENSO Products and Services Americas, Inc.
DENSO Products and Services Americas, Inc. is an automotive components sales, remanufacturing and distribution company that employs 500 people in Long Beach and Murrieta, Calif. The company’s product line includes heavy-duty and automotive alternators, starters, oil, cabin and air filters, spark plugs, AC compressors, oxygen sensors, ignition wires, fuel pumps, fuel injectors and wiper blades. DENSO Products and Services Americas supplies parts for original equipment service dealers, independent aftermarket service centers and retailers. In addition, the company distributes heavy-duty diesel and electrical components, portable commercial air-conditioning units and industrial robots. For more information, go to www.densoautoparts.com.

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, 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, 2016, totaled US$40.2 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.globaldenso.com or visit our media website at http://www.globaldenso.com/en/newsreleases/media-center/.

About DENSO in North America
In North America, DENSO employs more than 22,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: http://www.facebook.com/DENSOinNorthAmerica

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KARIYA (Japan) ?DENSO Corporation today announced its global financial results for the first half of the fiscal year ending March 31, 2017:

• Consolidated revenue totaled 2,176.9 billion yen (US$21.5 billion), an 2.3 percent decrease from the previous year.
• Consolidated operating profit totaled 142.7 billion yen (US$1.4 billion), a 3.6 percent decrease from the previous year.
• Consolidated profit attributable to owners of the parent company totaled 97.5 billion yen (US$964.1 million), a 13.8 percent decrease from the previous year.

“Despite the production volume increase and the growth in sales, DENSO’s revenue and operating profit decreased due to the appreciation of the yen,” said Koji Arima, president and CEO of DENSO Corporation.

In Japan, despite the impact of the exchange rate, the production volume increase led to an increase in revenue to 1,292.3 billion yen (US$12.8 billion), an 0.7 percent increase from the previous year. The impact of the exchange rate of export sales led to an operating profit of 52.6 billion yen (US$519.8 million), a 26.4 percent decrease from the previous year.

In North America, despite an increase in car production and sales expansion, boosted by the steady economic growth, impact of exchange rate led to a decrease in revenue to 516.6 billion yen (US$5.1 billion), a 7.3 percent decrease from the previous year. As a result of the increase in production volume, the operating profit totaled 29.5 billion yen (US$291.9 million), a 18.3 percent increase from the previous year.

In Europe, despite car production increase and sales expansion due to the moderate recovery of the market, impact of exchange rate led to a decrease in revenue to 280.2 billion yen (US$2.8billion), an 5.1 percent decrease from the previous year. As a result of the increase in production volume, the operating profit totaled to 9.3 billion yen (US$92.5  million), a 50.9 percent increase from the previous year.

In Asia, despite the increase of car production and sales expansion, impact of exchange rate resulted in a revenue decrease of 539.3 billion yen (US$5.3 billion), a 6.3 percent decrease from the previous year. As a result of the increase in production volume, an operating profit totaled 46.1 billion yen (US$456.1 million), a 9.1 percent increase from the previous year.

In other areas, mainly the South American region, including Brazil and Argentina, revenue totaled 30.5 billion yen (US$301.9 million), an 5.4 percent decrease from the previous year. The operating profit totaled 1.7 billion yen (US$17.1 million).

“Considering the market trend, we have decided to revise the original forecasts for the full-year financial results,” said Arima.
(Foreign exchange rates used for the full-year are: US$= 105 yen, Euro= 117 yen)

Forecast for Fiscal Year Ending March 31, 2017

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, 2016, totaled US$40.2 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/

About DENSO
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 and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.

In North America, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky Michigan, North Carolina, Ohio, Pennsylvania South Carolina, Tennessee and Texas. DENSO’s North American headquarters is located in Southfield, Michigan. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

(Notes)
The above forecasts are created based on the information obtained by the date of this announcement and the actual results may differ due to various causes in the future.

U.S. dollar amounts have been translated, for convenience only, at the rate of 101.12 yen = US$1, the approximate exchange rate prevailing in the Tokyo Foreign Exchange Market September 30, 2016. Billion is used in the American sense of one thousand million.

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DETROIT– NextEnergy, one of the nation’s leading accelerators of advanced technologies, is partnering with global automotive supplier DENSO in an effort to accelerate the implementation and commercialization of advanced mobility and smart city technologies.

“DENSO is excited and proud to be sponsoring NextEnergy,” said Tony Cannestra, the Director of Corporate Ventures for DENSO International America.  “We believe that working with NextEnergy to expand our knowledge of startup companies in the Midwest will be very valuable to DENSO’s external innovation efforts.  In addition to that, NextEnergy’s commitment to clean energy advancement is an excellent fit to DENSO’s long-term corporate goal of pursuing eco-friendly partnerships.”

As part of the partnership, DENSO International America, Inc. (DIAM) becomes a corporate sponsor of NextEnergy’s venture services program, and NextEnergy will serve as a strategic advisor to DIAM’s Corporate Venture Group, which is based in San Jose, California. In addition to early insight on new technologies as they are being developed, the partnership will provide DENSO with networking, startup engagement and other relationship-building opportunities as well as an avenue for potential investments in NextEnergy clients.

“Collaboration for the purpose of accelerating technologies is the core of what we do,” said Jean Redfield, president and CEO of NextEnergy. “As part of our partnership with DENSO, we’re striving to help them meet their business goals by providing first-hand knowledge of collaboration opportunities with NextEnergy clients and technologies.”

This corporate sponsorship aligns with DENSO’s corporate environmental policy and action planto help resolve environmental and energy issues and conduct business in harmony with nature. DENSO’s ECO VISION policy, which was first launched in 1997, has been in place for nearly 20 years.

About NextEnergy:
Founded in 2002 as 501(c)(3) nonprofit organization, NextEnergy is one of the nation’s leading accelerators of advanced energy and transportation technologies, businesses and industries. NextEnergy drives technology demonstration and commercialization; delivers industry and venture development services; and provides an authoritative voice in the public sector. Since its inception, NextEnergy has helped attract more than $1.5 billion of new investment, including programs in excess of $160 million in which NextEnergy has directly participated. For more information, visit nextenergy.org.

About DENSO
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 and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.

In North America, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky Michigan, North Carolina, Ohio, Pennsylvania South Carolina, Tennessee and Texas. DENSO’s North American headquarters is located in Southfield, Michigan. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

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LONG BEACH, Calif. – DENSO Products and Services Americas, Inc., a division of leading global automotive supplier DENSO Corp., captured the National Pronto Association’s 2016 Original Equipment (OE) Supplier of the Year Award at the aftermarket buyer group’s recent Fall Membership Meeting in Fort Worth, Texas. The honor marks the ninth time in 10 consecutive years DENSO has earned the prestigious award.

“The OE Supplier Award is a tremendous honor that speaks to the valued partnership we have with the Pronto organization and its members,” said Jose Ramirez, manager of Aftermarket Sales. “Each time we receive it, we redouble our efforts to earn it again.”

The superior quality of DENSO automotive products, outstanding customer service – including filling orders quickly and reliably – and low defective rate are among the reasons DENSO once again rose to the top of the National Pronto Association’s OE supplier list. The group represents nearly 100 member distributors serving thousands of auto parts stores and service centers daily whose customers routinely ask for DENSO brand products by name.

About DENSO Products and Services Americas, Inc.
DENSO Products and Services Americas, Inc. is an automotive components sales, remanufacturing and distribution company that employs 500 people in Long Beach and Murrieta, Calif. The company’s product line includes heavy-duty and automotive alternators, starters, oil, cabin and air filters, spark plugs, AC compressors, oxygen sensors, ignition wires, fuel pumps, fuel injectors and wiper blades. DENSO Products and Services Americas supplies parts for original equipment service dealers, independent aftermarket service centers and retailers. In addition, the company distributes heavy-duty diesel and electrical components, portable commercial air-conditioning units and industrial robots. For more information, go to www.densoautoparts.com.

About DENSO in North America
In North America, DENSO employs more than 22,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com.

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, 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, 2016, totaled US$40.2 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.globaldenso.com or visit our media website at http://www.globaldenso.com/en/newsreleases/media-center/.

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KARIYA and TOKYO (Japan) – DENSO Corporation and Toshiba Corporation have reached a basic agreement to jointly develop an artificial intelligence technology called Deep Neural Network-Intellectual Property (DNN-IP), which will be used in image recognition systems which have been independently developed by the two companies to help achieve advanced driver assistance and automated driving technologies.

DNN, an algorithm modeled after the neural networks of the human brain, is expected to perform recognition processing as accurately as, or even better than the human brain. To achieve automated driving, automotive computers need to be able to identify different road traffic situations including a variety of obstacles and road markings, availability of road space for driving, and potentially dangerous situations. In image recognition based on conventional pattern recognition and machine learning, objects that need to be recognized by computers must be characterized and extracted in advance.

In DNN-based image recognition, computers can extract and learn the characteristics of objects on their own, thus significantly improving the accuracy of detection and identification of a wide range of objects.

Because of the rapid progress in DNN technology, the two companies plan to make the technology flexibly extendable to various network configurations. They will also make the technology able to be implemented on in-vehicle processors that are smaller, consume less power, and feature other optimizations.

DENSO has been developing DNN-IP for in-vehicle applications. By accelerating the process to commercialize DNN-IP through the joint development and incorporating DNN-IP in in-vehicle cameras, DENSO will develop high-performance, advanced driver assistance and automated driving systems, and continue to contribute to building a safe and secure automotive society for people around the world, not just for drivers and pedestrians.

In addition to its conventional image processing technologies, Toshiba will partition this jointly developed DNN-IP technology into dedicated hardware components and implement them on its in-vehicle image recognition processors to improve their image processing performance and enable them to process images using less power than image processing systems with digital signal processors (DSPs) or graphics processing units (GPUs).

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, 2016, totaled US$40.2 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.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

About Toshiba Corporation
Toshiba Corporation, a Fortune Global 500 company, channels world-class capabilities in advanced electronic and electrical product and systems into three focus business fields: Energythat sustains everyday life, that is cleaner and safer; Infrastructure that sustains quality of life; and Storage that sustains the advanced information society. Guided by the principles of The Basic Commitment of the Toshiba Group, “Committed to People, Committed to the Future”, Toshiba promotes global operations and is contributing to the realization of a world where generations to come can live better lives.

Founded in Tokyo in 1875, today’s Toshiba is at the heart of a global network of 550 consolidated companies employing 188,000 people worldwide, with annual sales surpassing 5.6 trillion yen (US$50 billion). (As of March 31, 2016.)

To find out more about Toshiba, visit www.toshiba.co.jp/index.htm

SOUTHFIELD, Mich. –  DENSO International America, Inc. has entered into an investment agreement with THINCI Inc., an innovative deep-learning, vision processing startup developing innovative machine learning technology that enables the application of deep learning and vision processing in the automotive industry. With this investment, DENSO is looking to accelerate the final development and integration of THINCI’s innovative silicon and software technology into electronic systems that help enable driver assistance and autonomous driving, improve the efficiency of thermal systems, and optimize the productivity of the vehicle’s powertrain.

“DENSO has been researching new developments in the area of computer vision processing. We strongly believe that THINCI’s technology will soon become a key component of next generation autonomous driving systems that require advanced computing techniques combined with deep learning capabilities,” said Tony Cannestra, DENSO International America’s Director of Corporate Ventures.  “DENSO looks forward to supporting THINCI ‘s technology development and working with our OEM customers to deploy this technology into the automotive industry for autonomous drive.”

THINCI Inc. is a venture-backed, deep-learning vision processing start-up based in El Dorado Hills, Calif., with teams in California and Hyderabad, India. THINCI’s technology can be integrated into a wide range of applications, including advanced driver assistance systems in automobiles, personal electronics and smart home automation systems. THINCI developed a silicon architecture capable of processing extremely large amounts of data as fast as a human would, as well as the software infrastructure needed for the silicon to process this data. THINCI’s deep learning and vision processing replicates human vision.

“We are thrilled DENSO is our lead investor,” said THINCI CEO Dinakar Munagala. “The automotive industry is one of the earliest adopters of vision processing and deep learning technology. DENSO’s investment in THINCI’s trailblazing solution confirms our own belief that our innovation has much to offer, not only in the automobile but in the wide range of everyday products.”

About DENSO
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 and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.

Currently in North America, DENSO employs more than 17,000 people at 32 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Alabama and Arkansas. DENSO’s North American consolidated sales totaled US$7.9 billion for the fiscal year ending March 31, 2014.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

SOUTHFIELD, Mich. – DENSO engineer Loren Sanders is one of those people who used to think manufacturing was boring, dirty and an unwise choice for a career path. He had planned to leave the mitten state after graduating from Western Michigan University, but changed his mind the first time he saw the production floor at DENSO. “I was like a kid in a candy store,” said Sanders. “We’re changing the future of manufacturing. I’m so excited and proud to be a part of that.”

DENSO hopes to continue to dispel manufacturing myths and also encourage students to pursue careers in science, technology, engineering and math (STEM) by opening its doors to high school and college students nationwide on National Manufacturing Day on October 7. DENSO is hosting onsite tours and also hands-on events at high schools and colleges in many of the communities in which it operates to spread the word that manufacturing is clean, green, innovative and creative. Events range from interactive activities to tours of the manufacturing facilities and presentations on exciting high-tech manufacturing careers.

Since 2012, DENSO in North America has invested nearly $1 billion to expand its operations and has created more than 2,000 jobs. With 25 manufacturing locations across North America, 21 of which are located in the United States, DENSO is proud of its manufacturing footprint, as well as offering job stability to its employees across the region.

DENSO is currently recruiting for open positions at various locations around the United States. If you’d like to join an innovative, technology-focused company, visit DENSO’s career page to find open positions that will give you a chance to use advanced technology to save lives, protect the environment and create a more comfortable and sustainable future.

What is Manufacturing Day?
Manufacturing Day? is a celebration of modern manufacturing meant to inspire the next generation of manufacturers. It addresses common misperceptions about manufacturing by giving manufacturers an opportunity to open their doors and show, in a coordinated effort, what manufacturing is — and what it isn’t. Manufacturers hope to address the skilled labor shortage and connect with future generations who will be key to the future of the industry. Although Manufacturing Day officially occurs on the first Friday in October it has been celebrated by DENSO in various locations over the past few weeks. The activities are co-produced by the Fabricators & Manufacturers Association, International (FMA), The National Association of Manufacturers, Manufacturing Extension Partnership and The Manufacturing Institute.

About DENSO
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 and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.

About DENSO in North America: 
In North America, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas, Alabama and Arkansas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

Press Kit

BATTLE CREEK, MICH. – DENSO Manufacturing Michigan, Inc. (DMMI), a leading supplier of automotive systems and components and the largest employer in Battle Creek, has awarded scholarships to five outstanding students through partnerships with the Battle Creek Community Foundation (BCCF) and the Battle Creek Area Math and Science Center (BCAMSC).

The DMMI Scholarship Fund was established in 1997 to assist children of DENSO associates with the rising cost of higher education. A selection committee from the Battle Creek Community Foundation chooses winners based on student activities and work experience.

The 2016 scholarship recipients are Abigail Cobb of Western Michigan University, Abigail Mullis of Saint Phillip Catholic Central High School and Dionna Eggleston of Kellogg Community College. Mullis will study at Central Michigan University in the fall and Eggleston recently received her Associate’s degree from KCC. She begins studies at Western Michigan University this fall.

“In a company of more than 3,000 hardworking associatesemployees, it’s no surprise that their children are impressive, too,” said Andris Staltmanis, DMMI President. “One of DENSO’s long-standing philosophies is the betterment and skill-attainment of our associates. Supporting their children extends that philosophy even farther into our community.”

DMMI created the BCAMSC scholarship in 2011 to honor the 25th anniversary of the company. The BCAMSC scholarship promotes math and science education and excellence by recognizing outstanding graduates of the center with financial assistance for college expenses.

Anne-e Jones of Lakeview High School and Alicia Ziegler of Harper Creek High School were both recognized for their exceptional academic achievements with the DMMI BCAMSC Scholarship this year.  Ziegler will attend Michigan State University this fall and Jones will go to the University of Michigan.

“The education you’ve received at the Math and Science Center has given you an excellent start,” Brenda Dredge, DMMI Director of New Product Introduction, told students in a speech at the BCAMSC. “We are fortunate to have the Math and Science Center in our community, and we are proud to help you as you start your college studies and this next phase of your lives.”

This year, in celebration of the 30th anniversary of DMMI, the company added an additional BCCF scholarship and increased all five scholarship amounts from $1,250 to $1,500.

DENSO Manufacturing Michigan, Inc. (DMMI) is the lead production facility for DENSO’s Thermal Systems North American Center (TAC) and the largest employer in Battle Creek. DMMI manufactures automotive air conditioning and engine cooling components and systems, including condensers, radiators, CRFMs (condenser, radiator, and fan modules), heater cores, evaporators and HVAC units. The DMMI campus in Battle Creek includes more than 1,380,000 square feet of manufacturing, warehouse and administrative floor space in 6 buildings on over 100 acres of land, and is the largest facility in Fort Custer Industrial Park.

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, 2016, totaled US$40.2 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.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

About DENSO in North America: In North America, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States, DENSO employs more than 15,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. Locally, DENSO Manufacturing Michigan, Inc. (DMMI) is the lead production facility for DENSO’s thermal manufacturing in North America and Battle Creek’s largest employer, with 2,927 people at its Battle Creek facility. For more information, go to www.densocorp-na.com. Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

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Kariya, Tokyo and Toyota City, Japan, September 9, 2016 – DENSO Corporation, Fujitsu Limited, and Toyota Motor Corporation have reached a basic agreement to start consideration of changing the capital structure of FUJITSU TEN LIMITED, in which the three companies have stakes.

A review will be conducted to determine the specific changes, and the companies plan to reach a final agreement by the end of fiscal year ending March 31, 2017.

1. Objectives and background of capital structure change

In the automotive field, the interface between the driver and vehicle is becoming increasingly important due to remarkable technological innovations. Against this backdrop, DENSO has agreed with Fujitsu and Toyota to review specific changes to make FUJITSU TEN a group company of DENSO and enhance cooperation between the two companies in developing in-vehicle ECUs, millimeter-wave radar, advanced driver assistance / automated driving technologies, and basic electronic technologies, among others.

Fujitsu believes that information and communication technology (ICT) will become increasingly important in developing next-generation vehicles (e.g. connected cars, automated driving). Fujitsu will enhance its collaboration with DENSO and FUJITSU TEN to strengthen the automotive business and mobility IoT business.

By continuing on as FUJITSU TEN’s major shareholder, Toyota is expecting the increase of FUJITSU TEN ‘s corporate value, which is coupled with the strengthening of the competitiveness of its products. This in turn, contributes to Toyota’s goal of making ever-better cars.

FUJITSU TEN, formerly Kobe Industries Corp.,was established in 1949 following the dissolution of Kawanishi Machine Works (founded in 1920). After Kobe Industries Corp.’s merger with Fujitsu in 1968, FUJITSU TEN was established in 1972 as a spinoff of Fujitsu’s radio division. Since Toyota and DENSO took stakes in 1973, FUJITSU TEN has offered various products and services as a manufacturer of car electronics products including audio and multimedia. Recently, FUJITSU TEN has strengthened its Vehicle ICT business to create new value, while accelerating collaboration with the Fujitsu Group companies to transform itself from a supplier of standalone products to a system manufacturer that proposes and provides connected in-vehicle information equipment and services.

2.  Details of the basic agreement

DENSO, Fujitsu, and Toyota will consider changing the capital structure of FUJITSU TEN in which they have stakes as shown below.

Changes in the capital structure (planned)

FUJITSU TEN will take advantage of its competitive edge as a group company of DENSO (a general automotive component manufacturer) and continue to collaborate with the Fujitsu Group in the ICT field. These arrangements will enhance the development of advanced driver assistance/automated driving technologies and basic electronic technologies to make FUJITSU TEN a system manufacturer that provides connected in-vehicle information equipment and services.

3.  Future schedule

DENSO, Fujitsu and Toyota will determine specific changes. The stakeholders plan to reach a final agreement by the end of the fiscal year ending March 31, 2017.

4.  Company profile of FUJITSU TEN

Fujitsu Limited
Public and Investor Relations Division
https://www.fujitsu.com/global/about/resources/news/presscontacts/form/index.html

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, 2016, totaled US$40.2 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.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

In North America, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas, Alabama and Arkansas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com.

About Fujitsu
Fujitsu is the leading Japanese information and communication technology (ICT) company, offering a full range of technology products, solutions, and services. Approximately 156,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE: 6702) reported consolidated revenues of 4.7 trillion yen (US$41 billion) for the fiscal year ended March 31, 2016. For more information, please see http://www.fujitsu.com.

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LONG BEACH, Calif. – DENSO Products and Services Americas, Inc., a division of leading global automotive supplier DENSO Corp., has earned three 2016 Telly Awards for its online video that launched PowerEdge, DENSO’s series of high-amp alternators developed for medium- and heavy-duty commercial trucks. Created for DENSO by the IMW Agency, an advertising and public relations firm based in Costa Mesa, Calif., the PowerEdge video earned Bronze Telly Awards for online commercial videos in three categories: automotive, copywriting and lighting.

The Annual Telly Awards honor television commercials and programs, video and film productions, online commercials, videos and films. Winners represent the best work of advertising agencies, production companies, television stations and corporate video departments around the globe.

“It’s an outstanding video about an outstanding product,” said Frank Jenkins, senior manager of DENSO’s Commercial and Heavy Duty Marketing Group. “This piece has had tremendous impact on PowerEdge sales, and we’re thrilled the media and advertising industry have recognized its exceptional quality.”

The 2:51-minute video showcases the PowerEdge with a narrative, guitar riff and camera angles that convey the product’s strength and reliability. Launched in 2015, PowerEdge alternators are uniquely designed to meet the higher electrical requirements and increased battery loads of the most powerful trucks on the road today. Weighing an average of 10 pounds less than competitors, PowerEdge is also the smallest and lightest alternator on the market. The product has an unmatched durability rating of more than 400,000 miles.

The 37th Annual Telly Awards were announced in June. Judges considered more than 12,000 entries from all 50 states and five continents. For more information on the DENSO PowerEdge alternator, visit http://densoheavyduty.com/alternators/poweredge-alternators.

About DENSO Products and Services Americas, Inc.
DENSO Products and Services Americas, Inc. is an automotive components sales, remanufacturing and distribution company that employs 500 people in Long Beach and Murrieta, Calif. The company’s product line includes heavy-duty and automotive alternators, starters, oil, cabin and air filters, spark plugs, AC compressors, oxygen sensors, ignition wires, fuel pumps, fuel injectors and wiper blades. DENSO Products and Services Americas supplies parts for original equipment service dealers, independent aftermarket service centers and retailers. In addition, the company distributes heavy-duty diesel and electrical components, portable commercial air-conditioning units and industrial robots. For more information, go to www.densoautoparts.com.

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, 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, 2016, totaled US$40.2 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.globaldenso.com or visit our media website at http://www.globaldenso.com/en/newsreleases/media-center/.

About DENSO in North America
In North America, DENSO employs more than 22,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: http://www.facebook.com/DENSOinNorthAmerica

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LONG BEACH, Calif. – Riding on DENSO spark plugs, Pro Stock Motorcycle driver Andrew Hines enters the Countdown to the Championship ranked No. 1 after racing to victory at the NHRA’s Chevrolet Performance U.S. Nationals in Indianapolis. The six-day event extended through the Labor Day weekend at the Lucas Oil Raceway, home of the world’s oldest and most prestigious drag race, to close out the 18-race regular season of the 2016 NHRA Mello Yello Drag Racing Series.

Hines locked up his final in 6.862 seconds at 194.63 mph. Other weekend winners racing on DENSO spark plugs were Jeff Lopez, who captured the Stock Eliminator trophy in 9.395 seconds, and Tommy Phillips, who bested the Super Gas field with a 9.973-second run in the final.

“DENSO is thrilled to be part of the action as the series advances to the Countdown to the Championship,” said Larry Fidance, manager of Marketing for DENSO Products and Services Americas, Inc. “It’s exciting that DENSO has powered so many drivers to the top 10 in their class.”

As the series enters the six-race playoffs that make up the Countdown to the Championship, Hines leads the Pro Stock Motorcycle pack with a total of 2110 points. Other leaders powered by DENSO spark plugs include the top three drivers in the Pro Stock class: Jason Line, Greg Anderson and Bo Butner.

Fans may still enter the DENSO2Win NHRA Sweepstakes for the chance to win an exclusive trip for two to the NHRA Finals, Nov. 10-13, in Pomona, Calif. The prize includes round-trip airfare from anywhere in the continental U.S., a three-day, four-night hotel stay, tickets to the 2016 NHRA Finals, and VIP access to the NHRA drivers. The deadline to enter is Oct. 16. DENSO is a supporting sponsor of the entire series.

At every race, DENSO welcomes fans to its display on the midway to learn more about and purchase DENSO’s premium Iridium TT, Iridium Power and Iridium Racing spark plugs. DENSO is also posting its own race and product updates on Facebook, Twitter, Instagram and YouTube throughout the series. In early April, DENSO served as the title sponsor at the 17th annual DENSO Spark Plugs NHRA Nationals in Las Vegas.

For nearly half a century, DENSO, a leading global automotive supplier, has sponsored world-class motor sports, including NHRA, NASCAR, Formula One, World Rally Championship and Super GT races. DENSO spark plugs, alternators, radiators and engine management systems are among the precision original equipment and replacement auto parts widely used by professional racing teams on every circuit around the globe.

More information on DENSO spark plugs, as well as DENSO’s comprehensive lines of auto parts, is available at retail stores, wholesale distributors and www.densoautoparts.com. The DENSO website is also designed for easy mobile access by smartphone and tablet.

About DENSO Products and Services Americas, Inc.
DENSO Products and Services Americas, Inc. is an automotive components sales, remanufacturing and distribution company that employs 500 people in Long Beach and Murrieta, Calif. The company’s product line includes heavy-duty and automotive alternators, starters, oil, cabin and air filters, spark plugs, AC compressors, oxygen sensors, ignition wires, fuel pumps, fuel injectors and wiper blades. DENSO Products and Services Americas supplies parts for original equipment service dealers, independent aftermarket service centers and retailers. In addition, the company distributes heavy-duty diesel and electrical components, portable commercial air-conditioning units and industrial robots. For more information, go to www.densoautoparts.com.

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, 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, 2016, totaled US$40.2 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.globaldenso.com or visit our media website at http://www.globaldenso.com/en/newsreleases/media-center/.

About DENSO in North America
In North America, DENSO employs more than 22,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas, Alabama and Arkansas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: http://www.facebook.com/DENSOinNorthAmerica

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KARIYA (Japan) – In an effort to deepen and advance its knowledge in artificial intelligence, DENSO has entered into a technical advisory contract with one of the world’s foremost researchers in computer vision, Carnegie Mellon University Professor Dr. Takeo Kanade.  Through this contract, DENSO is looking to advance its artificial intelligence technology and expand its engineering expertise in the areas of advanced driver assistance systems (ADAS), autonomous drive, and the Internet of Things (IoT).

Dr. Kanade, a U.A. and Helen Whitaker University Professor of Robotics and Computer Science at Carnegie Mellon will provide technical guidance to DENSO engineers on image recognition and machine learning, and will also speak at lectures and seminars organized by DENSO for a variety of purposes, such as recruiting, relationship building, etc. These activities will be held mostly in Japan.

Dr. Kanade and DENSO have worked together from 2002-2009 on a joint research of image recognition technology. In addition, he has been a lecturer of DENSO’s high talent program organized by DENSO E&TS Training Center.

DENSO expects to use artificial intelligence technology in more areas of its business. Currently, it uses machine learning in its sensing technologies and applies them to its sensing products.

DENSO has developed technologies and products to help create a society free from road traffic accidents. Based on its accumulated technologies, DENSO will continue to contribute to building a safe and secure automotive society for all people around the world, not just for drivers and pedestrians.

About Dr. Kanade:
Dr. Kanade works in multiple areas of robotics: computer vision, multi-media, manipulators, autonomous mobile robots, medical robotics and sensors. He has written more than 400 technical papers and reports in these areas, and holds more than 20 patents. He has been the principal investigator of more than a dozen major vision and robotics projects at Carnegie Mellon.

Profile of Professor Takeo Kanade

• Professor Takeo Kanade received his PhD in Electrical Engineering from Kyoto University in 1974. After serving as Assistant Professor at Kyoto University, he became a senior research engineer at the Robotics Institute of Carnegie Mellon University. At the Robotics Institute, he was appointed to Associate Professor and to Professor, and then he served as the Director from 1992 to 2001. In 2006, Professor Kanade established the Quality of Life Technology Center (QoLT) and became its Director.
• From 2001 to 2009, he also served as the Director of the Digital Human Research Center (DHRC) at the National Institute of Advanced Industrial Science and Technology (AIST) in Japan. Currently, he is a Special Fellow of DHRC.
• Foreign member of the National Academy of Engineering
• Fellow of the American Academy of Arts & Science
• Fellow of the Institute of Electrical and Electronics Engineers (IEEE), American Association of Artificial Intelligence, Institute of Electronics, Information and Communication Engineers (IEICE), and Robotics Society of Japan
• Special Adviser to the Advanced Integrated Intelligence Platform Project (AIP) administered by Japan’s Ministry of Education, Culture, Sports, Science and Technology (MEXT)

Awards
NEC C&C Award, Joseph Engelberger Award, Japan Robot Association (JARA) Award, Japan Society of Artificial Intelligence (JSAI) Career Achievement Award, Otto Franc Award, Marr Prize Award, Benjamin Franklin Institute Medal and Bower Award, IEEE International Conference on Computer Vision (ICCV) Azriel Rosenfeld Lifetime Achievement Award
Okawa Prize from the Okawa Foundation for Information and Telecommunications, IEEE Robots and Automation Society Pioneer Award, Kyoto Prize

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, 2016, totaled US$40.2 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.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

About DENSO in North America: 
In North America, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas, Alabama and Arkansas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

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KARIYA (Japan) – DENSO Corporation today announced its global financial results for the first quarter ending June 30, 2016 for fiscal year ending March 31, 2017:

• Consolidated revenue totaled 1,092.8 billion yen (US$10.6 billion), an 1.2 percent decrease from the previous year.
• Consolidated operating profit totaled 67.2 billion yen (US$652.9 million), a 22.5 percent decrease from the previous year.
• Consolidated profit attributable to owners of the parent company totaled 46.1 billion yen (US$448.1 million), a 37.6 percent decrease from the previous year.

“Despite the production volume increase and the growth in sales, DENSO’s revenue and operating profit decreased due to the appreciation of the yen,” said Yasushi Matsui, executive director of DENSO Corporation.

In Japan, impact of the exchange rate of export sales led to a decrease in revenue to 616.6 billion yen (US$6.0 billion), an 1.2 percent decrease from the previous year. The increase in R&D cost for future growth in addition to the impact of the exchange rate of export sales led to an operating profit of 14.2 billion yen (US$137.6 million), a 67.3 percent decrease from the previous year.

In North America, despite an increase in car production and sales expansion, boosted by the steady economic growth, impact of exchange rate led to a decrease in revenue to 266.2 billion yen (US$2.6 billion), a 6.2 percent decrease from the previous year. As a result of the increase in production volume, the operating profit totaled 16.6 billion yen (US$161.1 million), a 12.5 percent increase from the previous year.

In Europe, car production increase and sales expansion due to the moderate recovery of the market led to an increase in revenue to 154.5 billion yen (US$1.5 billion), an 1.3 percent increase from the previous year. The production volume increase and the growth in sales led to the increase in the operating profit to 6.8 billion yen (US$66.5 million), a 61.3 percent increase from the previous year.
In Asia, despite the increase of car production and sales expansion, impact of exchange rate resulted in a revenue decrease of 278.1 billion yen (US$2.7 billion), a 2.5 percent decrease from the previous year. As a result of the increase in production volume, an operating profit totaled 24.5 billion yen (US$237.8 million), a 15.1 percent increase from the previous year.

In other areas, mainly the South American region, including Brazil and Argentina, revenue totaled 15.7 billion yen (US$152.5 million), an 1.8 percent decrease from the previous year. The operating profit totaled 648 million yen (US$6.3 million).

“Considering the appreciation of the yen, we have decided to revise the original forecasts for the first-half and full-year financial results,” said Matsui.
(Foreign exchange rates used for the first-half financial result forecast are US$= 107yen Euro=119 yen, and for the full-year are US$= 106 yen, Euro= 117 yen)

Forecast for Fiscal Year Ending March 31, 2017

(Notes)
The above forecasts are created based on the information obtained by the date of this announcement and the actual results may differ due to various causes in the future.
U.S. dollar amounts have been translated, for convenience only, at the rate of 102.91 yen = US$1, the approximate exchange rate prevailing in the Tokyo Foreign Exchange Market June 30, 2016. Billion is used in the American sense of one thousand million.

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, 2016, totaled US$40.2 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.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

About DENSO in North America: In North America, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States, DENSO employs more than 15,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. Locally, DENSO Manufacturing Michigan, Inc. (DMMI) is the lead production facility for DENSO’s thermal manufacturing in North America and Battle Creek’s largest employer, with 2,927 people at its Battle Creek facility. For more information, go to www.densocorp-na.com. Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

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LONG BEACH, Calif. – DENSO Product and Services Americas announces an agreement with Tiffin Motorhomes to supply RV dash air-conditioning (AC) systems for installation in Tiffin’s entire line of Class A motorhomes. This announcement is a result of a strategic partnership established with Tiffin over the last year.

The DENSO products being installed into Tiffin Motorhomes include a completely integrated Heating, Ventilation Air Conditioning (HVAC) system and dash control panel for streamlined assembly. The units are 35 percent smaller than previous units and are significantly better in cooling, heating and defroster performance. This gives Tiffin another significant feature to promote in the highly competitive motorhome market.

“The new DENSO AC dash system is ‘Built to Exceed’ and is designed to reinforce Tiffin Motorhome’s focus on customer satisfaction. Tiffin has been known for its product innovations, many of which come directly from the voice of their customers. DENSO’s new dash A/C system features a sophisticated electronic multiple-zone climate control module and state-of-the-art air filtration and servomotors for optimal performance and comfort,” explained Frank Jenkins, Senior Manager of Heavy Duty Group at DENSO Products and Services Americas.

More information on DENSO Commercial products can be found at densoheavyduty.com or contact your authorized DENSO distributor.

About Tiffin MotorHomes:

Tiffin is one of the nation’s leading manufacturers of Class A motorhomes. Since August of 1972, the family owned business has endeavored to build a quality motorhome, while offering superior customer service. And this goal remains the focus of the three generations working at Tiffin Motorhomes.

Tiffin Motorhomes is always searching for innovative ways to improve their products. While these innovations are often discovered through research and development at their plants, customer feedback is also taken seriously. Customer appreciation is why Tiffin Motorhomes stands by the motto: “Ask Someone Who Owns One.” Tiffin Motorhomes consistently strives to surpass industry standards for design, reliability, quality, and warranty. Tiffin Motorhomes are truly “Made To Move You.”

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, 2016, totaled US$40.2 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.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

About DENSO in North America: 
In North America, DENSO employs more than 22,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas, Arkansas and Alabama. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

# # #

MARYVILLE, TN – Last year, DENSO Manufacturing Tennessee, Inc. (DMTN) announced a $400 million investment to expand manufacturing lines, which would result in the creation of 500 new jobs. Today, the company broke ground on a key portion of this investment – a 186,528 square foot consolidated warehouse, located on its Maryville, Tenn. campus. The warehouse is due to be complete by October 2017.

The new warehouse allows DMTN to consolidate its various warehouse operations in the Maryville area and free up manufacturing space that can be used to produce products, such as head-up displays, instrument clusters and electronic control units.

“As we continue to expand, we also renew our commitment to serve our customers with our best efforts and to make important new contributions to the economic well-being of Blount County, East Tennessee and the region as whole,” said Jack Helmboldt, President and CEO of the company.

Due to the creation of 500 new jobs, DENSO is currently hiring for team members in Production, Logistics, and Maintenance. Also currently needed are experienced production leaders as well as a variety of professional positions. Anyone interested in applying for a position at DENSO should visit www.densocareers.com

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, 2016, totaled US$40.2 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.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center

About DENSO in North America: In North America, DENSO employs more than 22,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas, Arkansas and Alabama. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

KARIYA (Japan) – DENSO Corporation (hereafter “DENSO”) and its certain consolidated subsidiaries have entered into Settlement Agreements with the Automobile Dealership Plaintiffs and End-Payor Plaintiffs in putative class action lawsuits in the United States.

1. Background of Lawsuits and Settlements
Since October 2011, putative auto parts class action lawsuits have been brought against DENSO in the United States alleging that the plaintiffs incurred damages as a result of alleged violations of the United States antitrust laws. These lawsuits have been merged as a multi-district-litigation pending in the U.S. District Court, Eastern District of Michigan. After extensive negotiations, DENSO has reached settlements with the Automobile Dealership Plaintiffs and the End-Payor Plaintiffs. These settlements are still subject to approval by the Court.

2. Settlement Plaintiffs
Automobile Dealership Plaintiffs and End-Payor Plaintiffs

3. Settlement Amount
US$61.2 million (approximately 6.4 billion yen) to the Automobile Dealership Plaintiffs and
US$193.8 million (approximately 20.4 billion yen) to the End-Payor Plaintiffs.

4. Effect on Financials
DENSO does not expect any significant impact on its consolidated financial forecast for the year ending March 31, 2017 as a result of this matter.

It is DENSO’s policy to comply with all applicable antitrust laws. Since its U.S. subsidiary was raided by the U.S. Department of Justice in February 2010, DENSO group companies have been taking various preventive measures, including implementing more stringent compliance rules, more enhanced compliance training and more meticulous compliance monitoring, in order to further ensure that they comply with all applicable antitrust laws. DENSO believes it is in complete compliance with all antitrust laws.

DENSO is committed to prevent recurrence of any inappropriate conduct and strives to restore full confidence from all stakeholders by complying with all applicable antitrust laws around the world.

# # #

BATTLE CREEK, Mich. – Global auto supplier DENSO announced today an investment in the future –
more than US$37 million in machinery and equipment to expand automation at its DENSO Manufacturing Michigan, Inc. (DMMI) manufacturing facility in Battle Creek. The investment supports localization of component manufacturing for several customers. The Michigan Strategic Fund (MSF) also awarded DENSO a performance-based grant for up to $687,500 to train current and future employees preparing for higher skilled jobs. The grant will also provide funds for English as a second language (ESL) training with a manufacturing focus that DMMI will create and share with the community.

“The jobs DENSO offers today are significantly different than when we started production in Battle Creek 30 years ago,” said Andris Staltmanis, DMMI President. “We are excited to make this investment to train and prepare our current and future employees for these higher-skilled, higher-paying, sustainable jobs. This is a critical step to help DENSO stay competitive and we appreciate the support from the Michigan Strategic Fund.”

DMMI has created 300 Lead Associate positions, a new, skills-based production job designed to support their next generation product manufacturing. MSF funding, combined with a $125,000 training and relocation incentive from Battle Creek Unlimited, will support both on-site training classes and formal instruction at Kellogg Community College. Lead Associates receive more than 130 hours of formal instruction in addition to extensive on-the-job training.

“In addition to Lead Associate training, DMMI is excited to develop and share ESL training designed for manufacturing careers,” Staltmanis said. “Helping our ESL employees be more successful on the job will open pathways for them to move up in the company and realize their potential.”

Manufacturing-focused ESL curriculum will also benefit the community through partnerships with local cultural and educational institutions who will be invited to use and adapt the materials.

“A more educated community reaps benefits beyond where the employee works,” Staltmanis said. “DENSO is the largest manufacturing operation in Battle Creek, but our partners in the Fort Custer Industrial Park and other areas will also be able to access this specialized information to benefit their workforce and the broader community.”

DMMI is planning to hire 125 employees as a part of the investment and training initiative. A job fair to fill more than 60 open direct hire manufacturing and skilled trades positions will be held on Saturday, July 30 from 9 a.m. to 2 p.m. at their Battle Creek facility. For more information, visit http://goo.gl/upq0Ag.

DENSO Manufacturing Michigan, Inc. (DMMI) is the lead production facility for DENSO’s Thermal Systems North American Center (TAC) and the largest employer in Battle Creek. DMMI manufactures automotive air conditioning and engine cooling components and systems, including condensers, radiators, CRFMs (condenser, radiator, and fan modules), heater cores, evaporators and HVAC units .The DMMI campus in Battle Creek comprises more than 1,380,000 square feet of manufacturing, warehouse and administrative floor space in 6 buildings on over 100 acres of land, and is the largest facility in Fort Custer Industrial Park.

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, 2016, totaled US$40.2 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.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

About DENSO in North America: In North America, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States, DENSO employs more than 15,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. Locally, DENSO Manufacturing Michigan, Inc. (DMMI) is the lead production facility for DENSO’s thermal manufacturing in North America and Battle Creek’s largest employer, with 2,927 people at its Battle Creek facility. For more information, go to www.densocorp-na.com. Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

# # #

SOUTHFIELD, Mich. – In an effort to advance vehicle cybersecurity protections, global automotive supplier DENSO joined the Automotive Information Sharing and Analysis Center (Auto-ISAC) in June as a Tier 1 supplier member.

“DENSO is committed to protecting lives by making cars safer and more reliable,” said Roger Berg, vice president, North America Research and Development, DENSO International America, Inc. “Our Auto-ISAC membership helps us to continue in that mission by collaborating with automotive OEMs and suppliers to share meaningful information about  cyber-attack vulnerability and recovery strategies. Our expertise in connected vehicles and the technologies that make them work will help us aid customers in ensuring a secure driving environment.”

Auto-ISAC was formed in July 2015 in a collective effort by the auto industry to establish a secure platform for sharing, tracking and analyzing intelligence about cyber threats and potential vulnerabilities. It was modeled after similar programs in the aviation and financial industries.

The Auto-ISAC operates as a central hub that allows members to anonymously submit and receive information to help them more effectively counter cyber threats in real time. Currently, Auto-ISAC members account for more than 99 percent of light-duty vehicles on the road in North America.

In addition, as a global automotive industry leader, DENSO supports advanced research and development activities in technological innovation, with key focus areas of cyber security, big data and autonomous driving.

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, 2016, totaled US$40.2 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.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

About DENSO in North America:
In North America, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

# # #

KARIYA (Japan) – The Institute of Electrical and Electronics Engineers (IEEE) awarded DENSO
the IEEE Medal for Environmental and Safety Technologies for being the first company in the world to commercialize an electronically controlled injection system (diesel common rail), which has made a significant contribution to the spread of clean diesel vehicles. The award ceremony was held in New York on Saturday, June 18, 2016, and was accepted by Executive Vice President Masahiko Miyaki and Executive Directors’ Yukihiro Shinohara and Katsuhiko Takeuchi.

In 1995, DENSO became the first company in the world to mass-produce an electronically controlled fuel injection system that achieved high-pressure and multistage injection. The common rail system significantly improved emissions, which helped change people’s negative perception of diesel vehicles being “dirty.”

Notably, the common rail system helped expand the market share of diesel passenger cars in Europe. In 2013, DENSO developed and mass-produced a system that achieved ultra-high pressure injection of 250 MPa making emissions cleaner than ever before. Prior to this, in 2012, DENSO became the first company in the world to mass-produce the i-ART (intelligent Accuracy Refinement Technology) system. A pressure sensor is built into the fuel injector to measure the injection pressure on a real-time basis and control the timing and injection volume for each injector, helping increase fuel efficiency and reduce the amount of hazardous substances in the emissions.

DENSO will continue its efforts to increase fuel injection pressure and accuracy in order to meet the increasingly strict emission regulations around the world and the growing need for higher fuel efficiency. Furthermore, DENSO will deliver products that meet the regional needs of its customers around the world.

About the Institute of Electrical and Electronics Engineers:
Headquartered in the U.S., IEEE is the largest organization in the world that specializes in the electrical and electronics field. It mainly serves as an engineering institute and as an industrial technology standardization organization.

About IEEE Medal for Environmental and Safety Technologies
An IEEE Medal is awarded to researchers, engineers, or teams (who are selected by IEEE each year) who have significantly contributed to technology innovations and the development of businesses and industries. An IEEE Medal for Environmental and Safety Technologies is awarded for outstanding accomplishments in the fields of the environment and safety.

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, 2016, totaled US$40.2 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.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

About DENSO in North America: 
In North America, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

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KARIYA, Japan – In an effort to strengthen the development of software for active safety technologies in the vehicle, DENSO Corporation has secured a 15 percent stake in NTT DATA MSE, a software developer for in-vehicle platforms.

The Company, in order to reduce traffic accidents, is focusing on technology development in the safety field. This investment in NTT DATA MSE Corporation is to encourage safer driving through the use of HMI (Human Machine Interface), with an aim to improve the efficiency of software development.

In recent years, advanced driver assistance and HMI, such as warning displays to encourage safe driving, have become increasingly important, and the development of the software that controls these technologies has become sophisticated and complex. NTT DATA MSE, Inc. has engaged in the development of mobile terminal software and vehicle-mounted devices with built-in software. By collaborating with NTT DATA MSE, Inc. we are, carrying out the development of the software that controls the HMI efficiently, and we aim to accelerate technology development in the prevention safety field.

DENSO’s vision is that all people can have peace of mind, around the world, by taking advantage of the technology that has been developed so far, and in the future, including drivers and pedestrians, contributing to the realization of a safe automotive society.

NTT DATA MSE , Inc. Overview

1. Location: Kanagawa Prefecture, Kohoku-ku, Yokohama
2. Representatives: President Hidenori Tsuzuki
3. Established: 1979
4. Capital: 320 million yen
5. Number of employees: 1,113 people
6. Business: IoT services business, product service business , Automotive business
7. Ownership: NTT DATA Corporation 45%, Panasonic System Networks Co., Ltd. 40%, Denso 15%

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, 2016, totaled US$40.2 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.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

About DENSO in North America: 
In North America, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas, Alabama and Arkansas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica
# # #

SOUTHFIELD, Mich. – Text books can only take you so far. But complement a student’s textbook knowledge with hands-on problem solving, troubleshooting, teamwork and technical work – now you have an engineer or technical expert ready to develop, improve and build technologies that will help our society.

That’s what the DENSO North America Foundation believes. On Monday, June 20, 2016, the DENSO North America Foundation (DNAF) awarded more than $1 million to 24 colleges and universities across North America. Funds support advancing education in skilled trades, active safety and robotics programs, student vehicle teams, learning labs and more.

“The best learning experiences are when things don’t work how you expected them to work, or how the text book explained,” said Doug Patton, president of the DENSO North America Foundation and executive vice president of Engineering at DENSO International America, Inc. “That’s why we want students to get their hands on technology. They need to get their hands dirty and figure out how things work, how to fix, test, and develop technology, how to innovate and think creatively.”

DNAF is the philanthropic arm of global auto parts supplier DENSO’s North American headquarters, DENSO International America, Inc. Since 2001, the DNAF has been dedicated to advancing the auto industry through grants to colleges and universities. The Foundation provides students with technology, tools and experiences similar to that of the professional workplace they’ll experience after graduation.

“The Foundation not only focuses on engineering programs, but also skilled trades and robots as these are becoming increasingly important in the automotive and technology industries,” said Mike Brackett, member of the DNAF Board of Directors and senior vice president at DENSO Manufacturing Tennessee. “Many students have an incorrect image of what manufacturing is today. It’s very high tech, interesting and exciting! Through hands-on programs, students can find out if they excel in these much needed areas. These may be the same people who loved to tinker with cars, or take things apart and put them back together; however, until they obtain hands-on experience with robotics or skilled trades, they probably don’t know how they can translate these passions into a career.”

In addition to the Foundation’s efforts, DENSO also supports students one-on-one with its expertise through mentorship, connecting students with DENSO experts to give them a better idea of what being an engineer or technical professional means. DENSO supports programs around the country and the world such as FIRST Robotics, Project Lead the Way and Society of Automotive Engineering Collegiate Design Series as a part of this mentoring effort. DENSO also has an extensive co-op student program where students are given a high level of responsibility and gain real-world experience.

Congratulations to the 2016 DNAF Grant Recipients

Arkansas Northeastern College
Arkansas State University
California State University – Long Beach
Cleveland State Community College
Conestoga College
Kellogg Community College
Kettering University
Lawrence Technological University
Michigan State University
Michigan Technological University
North Carolina State
Northwestern University
Oakland University
Ohio State University
Pellissippi State Technical College
Tennessee College of Applied Technology
Tennessee Tech University
Trine University
University of Detroit Mercy
University of Kentucky
University of Michigan – Dearborn
University of Tennessee at Chattanooga
University of Tennessee at Knoxville
Western Michigan University

View Infographic >

About the DENSO North America Foundation
A registered 501(c)3 corporate foundation, The DENSO North America Foundation is dedicated to helping students advance their education in engineering, technology and other related programs. Founded in 2001, the Foundation provides grants to colleges and universities throughout North America, helping our communities prosper through the development of a skilled and knowledgeable workforce. The Foundation also provides disaster relief grants through the American Red Cross to aid persons and communities in which DENSO Corporation operates. For more information, visit http://densofoundation.org.

About DENSO in North America
In North America, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

# # #

KARIYA (Japan) ?DENSO Corporation today announced its global financial results for the fiscal year ending March 31, 2016:

• Consolidated revenue totaled 4,524.5 billion yen (US$40.2 billion), a 5.0 percent increase from the previous year.
• Consolidated operating profit totaled 315.7 billion yen (US$2.8 billion), a 4.7 percent decrease from the previous year.
• Consolidated profit attributable to owners of the parent company totaled 244.3 billion yen (US$2.2 billion), a 5.5 percent decrease from the previous year.

“DENSO’s revenue increased due to an overseas production volume increase and the growth in sales in addition to the impact of the weak yen. On the other hand, despite cost reduction effort and the production volume increase, operating profit decreased due to the increase in research and development cost and start-up cost for new products,” said Koji Arima, president and CEO of DENSO Corporation.

In Japan, a production volume decrease mainly in compact cars led to a decrease in revenue to 2,646.6 billion yen (US$23.5 billion), a 0.7 percent decrease from the previous year. The increase in R&D cost for future growth in addition to the decrease in production volume and other expenses led to an operating profit of 154.5 billion yen (US$1.4 billion), a 21.5 percent decrease from the previous year.

In North America, an increase in car production, boosted by the steady economic growth, led to an increase in revenue to 1,112.7 billion yen (US$9.9 billion), a 15.1 percent increase from the previous year. As a result of the increase in production volume, the operating profit totaled 47.7 billion yen (US$423.4 million), a 20.8 percent increase from the previous year.

In Europe, car production increased due to the recovery of the economic slump, which led to an increase in revenue to 593.6 billion yen (US$5.3 billion), a 7.0 percent increase from the previous year. Despite the production volume increase and the growth in sales, the depreciation expenses and other costs for start-up products led to the decrease in the operating profit to 14.4 billion yen (US$127.9 million), a 14.3 percent decrease from the previous year.

In Asia, the increase of car production resulted in a revenue increase of 1,161.2 billion yen (US$10.3 billion), a 10.6 percent increase from the previous year. As a result of the increase in production volume as well as cost reduction effort, an operating profit totaled 96.6 billion yen (US$857.2 million), a 19.4 percent increase from the previous year.

In other areas, mainly the South American region, including Brazil and Argentina, revenue totaled 59.5 billion yen (US$528.0 million), a 19.4 percent decrease from the previous year. The operating loss totaled 2.0 billion yen (US$17.8 million).

“For the new fiscal year, despite production volume increase and the growth in sales, revenue and operating profit will decrease due to the exchange rate. ” said Arima.
(Foreign exchange rates used for the next fiscal year are US$= 110 yen, Euro= 125yen)

Forecast for Fiscal Year Ending March 31, 2017

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, 2016, totaled US$40.2 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.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

About DENSO in North America: 
In North America, DENSO employs more than 22,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

(Notes)
The above forecasts are created based on the information obtained by the date of this announcement and the actual results may differ due to various causes in the future.
U.S. dollar amounts have been translated, for convenience only, at the rate of 112.68 yen = US$1, the approximate exchange rate prevailing in the Tokyo Foreign Exchange Market on Mar 31, 2016. Billion is used in the American sense of one thousand million.

# # #

KARIYA (Japan) DENSO Corporation today announced management changes, which were approved at today’s board of directors meeting. Changes will take place after the 93th Annual General Meeting of Shareholders on June 21, 2016.

1.Changes of Members of the Board
(1)New Member:
  Hiroyuki Wakabayashi, Senior Executive Director, Member of the Board,
(from Senior Executive Director)

(2)Resignation:
Akio Tajima

2. Changes of Senior Executive Directors
(1)New Member:
Shoji Tsuzuki (from Executive Director)

(2)Resignation:
Akio Tajima

3. Changes of Executive Directors
(1)New Members:
Terutaka Kageyama (from Senior Director, Toyota Sales Div.)
Yasushi Mukai (from Vice President, DENSO(CHINA) INVESTMENT CO.,LTD.)
Katsuhiko Takeuchi (from Head of Business Unit, Diesel Injection Business Unit)

(2)Resignation:
Masanari Murakami

DENSO’s New Organization

New management 
(1) 13 Board of Directors
(2)  5 Audit and Supervisory Board Members
(3) 11 Senior Executive Directors (5 Members of the Board)
(4) 29 Executive Directors

Board of Directors         *Representative,  **Outside

Audit & Supervisory Board Members                                      **Outside

Senior Executive Directors                                  ***Member of the Board

Executive Directors

New Responsibility

Board of Directors                                                  Changes are underlined

Senior Executive Directors

Executive Directors

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, 2016, totaled US$40.2 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.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

# # #

KARIYA (Japan) –DENSO Corporation has formed a 50/50 joint venture with Kingtec Technologies (Heyuan) Co., Ltd. (Kingtec), a Chinese-based company that develops, designs, manufacturers, and sells truck refrigeration in China and other parts of the world.
The joint venture company, named Guangdong KINGTEC DENSO Refrigeration Equipment Co., Ltd, will mainly provide products used in transportation vehicles, including trucks and trailers. It will also explore the possibility of providing products for storage and other services needed for transportation. The new company is capitalized at 30 million yuan or approximately $4.8 million USD* half of which will financed by DENSO (CHINA) Investment Co., Ltd., DENSO’s regional headquarters in China. Production will being in May 2016.

The purpose of the joint venture is to combine Kingtec’s diversified product line and cost competitiveness with DENSO’s outstanding technologies and unparalleled quality. This will enable DENSO to strengthen its refrigerator development and sales and contribute to improving food safety and reliability in China, as well as acquire the foothold it needs to expand its cold chain business worldwide.

In China, with increasing consumer awareness and concerns about food safety, a better cold chain is required to ensure the temperature control of food products being shipped to consumers after production. Because of this, the refrigerator market, including those for vehicles, is expected to continue to grow.

 Profile of the joint venture

Reference: Profile of Kingtec

* The foreign exchange rate used for this announcement is 18.5 yen to the Chinese yuan and 115 yen to the US doller.

About DENSO:
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 nearly 146,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 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.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America: In North America, DENSO employs more than 22,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$8.0 billion for the fiscal year ending March 31, 2015. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

# # #

KARIYA (Japan) – DENSO Corp. today announced its third quarter global financial results for the nine months of the fiscal year ending March 31, 2016:

• Consolidated revenue totaled 3,370.9 billion yen (US$27.9 billion), a 6.6 percent increase from the previous year.
• Consolidated operating profit totaled 243.1 billion yen (US$2.0 billion), a 2.3 percent increase from the previous year.
• Consolidated profit attributable to owners of the parent company totaled 191.3 billion yen (US$1.6 billion), an 1.9 percent increase from the previous year.

“DENSO’s revenue increased due to an overseas production volume increase and the growth in sales in addition to the impact of the weak yen. Operating profit increased due to the production volume increase and the cost reduction effort in addition to the depreciation of yen,” said Kenichiro Ito, executive director of DENSO Corporation.

In Japan, a production volume decrease mainly in compact cars led to a decrease in revenue to 1,967.4 billion yen (US$16.3 billion), an 0.3 percent decrease from the previous year. The decrease in production volume in addition to the increase in R&D cost for future growth and other expenses led to an operating profit of 126.5 billion yen (US$1.0 billion), a 14.2 percent decrease from the previous year.

In North America, an increase in car production, boosted by the steady economic growth, led to an increase in revenue to 828.1 billion yen (US$6.9 billion), a 19.0 percent increase from the previous year. As a result of the increase in production volume, the operating profit totaled 32.2 billion yen (US$266.7 million), a 19.0 percent increase from the previous year.

In Europe, car production increased due to the recovery of the economic slump, which led to an increase in revenue to 440.6 billion yen (US$3.7 billion), a 9.4 percent increase from the previous year. Due to the start-up costs, the operating profit totaled 10.7 billion yen (US$88.8 million), a 0.2 percent decrease from the previous year.

In Asia, the increase of car production resulted in a revenue increase of 883.1 billion yen (US$7.3 billion), a 14.4 percent increase from the previous year. As a result of the increase in production volume as well as cost reduction effort, an operating profit totaled 73.4 billion yen (US$608.8 million), a 34.7 percent increase from the previous year.

In other areas, mainly the South American region, including Brazil and Argentina, revenue totaled 45.9 billion yen (US$380.9 million), a 19.2 percent decrease from the previous year. The operating loss totaled 1.4 billion yen (US$11.4 million).

“Considering the financial results of the third quarter, as well as the change in foreign exchange rate, we have decided to revise the original forecast for the full-year financial results,” said Ito. (Foreign exchange rates used for the full-year are: US$= 120 yen Euro=132 yen)

Forecast for Fiscal Year Ending March 31, 2016

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 146,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 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.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America
In North America, DENSO employs more than 22,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$8.0 billion for the fiscal year ending March 31, 2015. For more information, go to www.densocorp-na.com.

(Notes)
The above forecasts are created based on the information obtained by the date of this announcement and the actual results may differ due to various causes in the future.
U.S. dollar amounts have been translated, for convenience only, at the rate of 120.61 yen = US$1, the approximate exchange rate prevailing in the Tokyo Foreign Exchange Market on Dec 30, 2015. Billion is used in the American sense of one thousand million.

# # #

KARIYA (Japan) – On January 27, 2016 (Central European Time), the European Commission (the Commission) announced that it had imposed fines on certain automotive suppliers that infringed the EU competition law in connection with past sales of automotive starters and alternators.

The Commission has investigated this matter at certain automotive suppliers including DENSO Corporation, and DENSO has fully cooperated with the investigation.

As per the Commission’s announcement, DENSO Corporation was named as one of the suppliers that had infringed EU competition law. However, the company received full immunity from fines because the company had completely eliminated the conduct that was suspected to be in infringement before the Commission’s investigation, and because it applied to the Commission for the leniency program in regard to suspected illegal conduct related to sales of automotive starters and alternators, which was granted by the Commission.

It is DENSO’s policy to comply with all applicable competition laws. Since learning of the investigation that was conducted at its U.S. subsidiary by the U.S. Department of Justice in February 2010, the company has taken various measures, including implementing even more stringent compliance rules and even more enhanced compliance training to further ensure that its employees comply with all applicable competition laws. DENSO believes that it has remained in complete compliance with all competition laws.

DENSO is committed to compliance with all applicable competition laws around the world.

# # #

Parma, MI – Associates at Michigan Automotive Compressor, Inc. (MACI) are counting down the semi-trucks leaving the building loaded with brand new automotive air-conditioning compressor units.  Sometime in just the next three days MACI will ship our 100 millionth product.

100,000,000 is a milestone of monumental proportions for the manufacturer on the west side of Jackson County, MI, which just celebrated its 25th Anniversary of Production this year.  Over the past 25 years, MACI has added 3 major building expansions until it is over 1 million square feet; grown from 250 to 1,050 associates (employees) and added many millions of dollars of new manufacturing equipment, most notably new production lines and cells for the new variable-type compressor which is quickly growing in popularity in the automotive industry.

Earlier in the year, associates submitted estimates of when the actual compressor will ship in an informal competition.  The person who proves to have the closest guess will receive a Michigan get-away weekend package to celebrate.

“100 million is a measure of the value added by associates to the metal and materials we use in each compressor unit,” said MACI’s President Todd Ishikawa.  “It is the quality focus of associates that is responsible for our success, not the equipment.  Our people build our future a little more each day.”

MACI was established in 1989 and started production in June of 1990.  The largest manufacturing employer in Jackson, MACI employs 1,050 associates.  The company is a joint-venture between Toyota Industries Corporation (TICO) and DENSO Corporation of Japan.  MACI manufactures automotive air-conditioning compressor units for many automotive manufacturers including GM, Chrysler, Ford, Toyota, and Honda, as well as Freightliner and John Deere.  www.michauto.com

# # #

KARIYA (Japan) – Global automotive supplier DENSO Corporation today has entered into a joint development agreement with Morpho, Inc. a Tokyo-based company focused on research, development and image processing technology. Under the terms, DENSO and Morpho will jointly develop image recognition technology that uses image processing technology and engage in *deep learning. This joint development agreement will help DENSO strengthen its safety-related technologies, which is a core area of focus for the company.

In addition, DENSO and Morpho signed a share subscription agreement in which DENSO will subscribe to all new shares to be issued by Morpho. This agreement is to ensure the two companies develop a mutually beneficial relationship and successfully conduct joint technology development.

DENSO and Morpho expect to promote the technological development of surround monitoring systems, including electronic rearview mirrors and other advanced driving support systems that use image processing technology and basic research on automated driving using deep learning.

DENSO will work with Morpho to enhance and accelerate the development of technology that can contribute to a safer and more secure automotive society. DENSO has developed products and technology to help build a society free from road accidents. By using the technologies that it has accumulated over the years, DENSO will continue to work on the creation of an automotive society that is safe and secure for all people, including drivers and pedestrians, around the world.

About DENSO: DENSO Corporation, 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 and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 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.

About DENSO in North America: Currently, in North America, DENSO employs more than 17,000 people at 33 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas, and Pennsylvania. DENSO’s North American consolidated sales totaling US$7.9 billion for the fiscal year ending March 31, 2014.

About Morhpo:
Morpho, Inc., established in 2004, has built substantial brand recognition in the field of software image processing for mobile devices. Customers utilizing Morpho, Inc.’s software technologies include carriers, processing platform providers and mobile device manufacturers making the company a global player in mobile imaging. For more information visit http://www.morphoinc.com/en/ or contact m-info-pr@morphoinc.com. or follow us on Facebook

* Deep learning is a branch of machine learning based on a set of algorithms.

Profile of Morpho

* Exchange rate used is 122.58 yen to the US one dollar, at the end of November 2015 for convenience only.

# # #

KARIYA (Japan) – DENSO Corp. today announced its global financial results for the first half of the fiscal year ending March 31, 2016:

• Consolidated revenue totaled 2,228.5 billion yen (US$18.6 billion), a 7.6 percent increase from the previous year.
• Consolidated operating profit totaled 148.0 billion yen (US$1.2 billion), a 1.2 percent decrease from the previous year.
• Consolidated profit attributable to owners of the parent company totaled 113.1 billion yen (US$942.4 million), a 0.9 percent increase from the previous year.

“DENSO’s revenue increased due to an overseas production volume increase and the growth in sales in addition to the impact of the weak yen. On the other hand, operating profit decreased due to the increase in research and development cost and start-up cost for new products,” said Koji Arima, president and CEO of DENSO Corporation.

In Japan, a production volume decrease mainly in compact cars led to a decrease in revenue to 1,282.8 billion yen (US$10.7 billion), a 0.9 percent decrease from the previous year. The decrease in production volume and the increase in R&D cost, start-up cost and other expenses led to an operating profit of 71.4 billion yen (US$595.4 million), a 24.5 percent decrease from the previous year.

In North America, an increase in car production, boosted by the steady economic growth, led to an increase in revenue to 557.0 billion yen (US$4.6 billion), a 24.8 percent increase from the previous year. As a result of the increase in production volume, the operating profit totaled 25.0 billion yen (US$208.1 million), an 79.4 percent increase from the previous year.

In Europe, car production increased due to the recovery of the economic slump, which led to an increase in revenue to 295.4 billion yen (US$2.5 billion), a 11.4 percent increase from the previous year. Due to the start-up costs, the operating profit totaled 6.2 billion yen (US$51.7 million), a 13.1 percent decrease from the previous year.

In Asia, the increase of car production resulted in a revenue increase of 575.6 billion yen (US$4.8 billion), a 16.2 percent increase from the previous year. As a result of the increase in production volume as well as depreciation of yen, an operating profit totaled 42.3 billion yen (US$352.3 million), a 28.6 percent increase from the previous year.

In other areas, mainly the South American region, including Brazil and Argentina, revenue totaled 32.2 billion yen (US$268.5 million), a 14.7 percent decrease from the previous year. The operating loss totaled 0.7 billion yen (US$5.7 million).

“Considering the financial results in the first-half, as well as the market trend, we have decided to revise the original forecast for the full-year financial results,” said Ito. (Foreign exchange rates used for the full-year are: US$= 121 yen Euro=133 yen)

Forecast for Fiscal Year Ending March 31, 2016

(Notes)
The above forecasts are created based on the information obtained by the date of this announcement and the actual results may differ due to various causes in the future.

U.S. dollar amounts have been translated, for convenience only, at the rate of 122.45 yen = US$1, the approximate exchange rate prevailing in the Tokyo Foreign Exchange Market on June 30, 2015. Billion is used in the American sense of one thousand million.

About DENSO: 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 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 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.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America: In North America, DENSO employs more than 22,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$8.0 billion for the fiscal year ending March 31, 2015. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

SOUTHFIELD, Mich. – Twenty five thousand dollars to commemorate 25 years – DENSO International America, Inc. announced it will donate $25,000 to Tri-County Technical College in Anderson, S.C. in recognition of the 25th anniversary of Associated Fuel Pump Systems Corporation (AFCO), a 50/50 joint venture between Robert Bosch GmbH and DIAM. More importantly, the grant will provide local students with scholarships for Science, Technology, Engineering and Math (STEM)-related programs, such as such as industrial electronics, technology, and mechatronics.

DIAM matched the Bosch Community Fund grant, which created a total scholarship program of $50,000. Beginning in 2016, scholarships in the amount of $2,000 will be awarded to 25 students over a five-year period. DENSO announced the grant during a ceremony at the AFCO facility celebrating its 25th Anniversary on Sept 10.

“With the establishment of AFCO, DENSO has been part of the Anderson community for the last 25 years,” said Yukio Asano, Executive Vice President at DIAM. “There’s no better way to commemorate this milestone than donating $25,000 to help local community students pursue STEM-related careers.

About DENSO: 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 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 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.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America: In North America, DENSO employs more than 22,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$8.0 billion for the fiscal year ending March 31, 2015. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

SOUTHFIELD, Mich. – Global auto supplier DENSO announced today that it is adding 500 jobs and investing US$400 million to expand its electronics manufacturing capabilities and build a new warehouse at its DENSO Manufacturing Tennessee (DMTN) manufacturing facility in Maryville.

The new 186,528-square-foot warehouse allows DMTN to consolidate its various warehouse operations in the Maryville area into one located on its campus, and the additional manufacturing space will be used to produce products such as head-up displays, meters and electronic control units. The warehouse is due to be completed by October 2017.

“DENSO is committed to strengthening and expanding its product development and manufacturing capabilities across the region, and we’re excited about the additional opportunities this expansion will bring to our company, our employees, the Maryville community and the state of Tennessee,” said Jack Helmboldt, president of DMTN.

In January 2013, DENSO announced it would invest nearly $1 billion in North America over the next four years, which will result in more than 2,000 jobs across the region. The investment will allow DENSO to better support its North American customers, as well as expand new business areas and localize products, many of which will help automakers meet upcoming fuel requirements. More than $750 million will be invested in the United States alone, along with more than 1,200 jobs.

In recognition of the community’s 25 years of support and DMTN’s theme of “healthy living” for its 25th anniversary, DMTN will present a $50,000 donation to Blount Memorial Hospital and a separate donation of $50,000 to East Tennessee Children’s Hospital.

“We know our employees and their families depend on these wonderful medical facilities, and we hope that these gifts can help with the many special programs and services needed by the people of East Tennessee,” stated Helmboldt.

“We congratulate DENSO on this announcement, and we appreciate their continued commitment to Blount County and the great state of Tennessee,” said Tennessee Gov. Bill Haslam.

“Last year when I walked through the DENSO plant, it was bursting at the seams,” said Senator Lamar Alexander.  “These 500 new jobs are one more example of how the auto industry has spread into 80 of Tennessee’s 95 counties to become the main contributor to raising our family incomes.  There is no better way to celebrate DENSO’s  25 years in Blount County.”

About DENSO:
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 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 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.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America:
In North America, DENSO employs more than 22,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$8.0 billion for the fiscal year ending March 31, 2015. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica.

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SOUTHFIELD, Mich. – DENSO Corporation today announced its global financial results for the first quarter ending June 30, 2015 for fiscal year ending March 31, 2016:

• Consolidated revenue totaled 1,106.0 billion yen (US$9.0 billion), a 7.6 percent increase from the previous year.
• Consolidated operating profit totaled 86.7 billion yen (US$707.7 million), a 5.5 percent increase from the previous year.
• Consolidated profit attributable to owners of the parent company totaled 73.9 billion yen (US$603.2 million), a 17.2 percent increase from the previous year.

“DENSO’s revenue and operating profit increased due to an overseas production volume increase and the growth in sales in addition to the impact of the weak yen,” said Kenichiro Ito, executive director of DENSO Corporation.

In Japan, a production volume decrease mainly in compact cars led to a decrease in revenue to 624.0 billion yen (US$5.1 billion), a 1.5 percent decrease from the previous year. The decrease in production volume and the increase in expenses led to an operating profit of 43.3 billion yen (US$353.5 million), a 14.7 percent decrease from the previous year.

In North America, an increase in car production, boosted by the steady economic growth, led to an increase in revenue to 283.6 billion yen (US$2.3 billion), a 26.3 percent increase from the previous year. As a result of the increase in production volume, the operating profit totaled 14.7 billion yen (US$120.4 million), an 88.3 percent increase from the previous year.

In Europe, car production increased due to the recovery of the economic slump, which led to an increase in revenue to 152.5 billion yen (US$1.2 billion), a 10.5 percent increase from the previous year. Due to the increase in production volume, the operating profit totaled 4.2 billion yen (US$34.6 million), a 15.4 percent increase from the previous year.

In Asia, the increase of car production, mainly in China, resulted in a revenue increase of 285.1 billion yen (US$2.3 billion), a 16.5 percent increase from the previous year. The increase in cost reduction effort as well as in production volume led to an operating profit of 21.3 billion yen (US$173.6 million), a 19.5 percent increase from the previous year.

In other areas, mainly the South American region, including Brazil and Argentina, revenue totaled 16.0 billion yen (US$130.5 million), a 13.0 percent decrease from the previous year. The operating loss totaled 0.9 billion yen (US$7.1 million).

“Considering the positive financial results in the first-quarter, as well as the market trend and the depreciation of the yen, we have decided to revise the original forecasts for the first-half and full-year financial results,” said Ito.

(Foreign exchange rates used for the first-half financial result forecast are US$= 122 yen Euro=135 yen, and for the full-year are: US$= 119 yen Euro=130 yen)

Forecast for Fiscal Year Ending March 31, 2016

About DENSO:
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 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 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.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America:
In North America, DENSO employs more than 22,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$8.0 billion for the fiscal year ending March 31, 2015. For more information, go to www.densocorp-na.com.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica.

# # #

DENSO Corporation has named George Harguess president of its DENSO Manufacturing Arkansas, Inc. (DMAR) operations in Osceola, Ark., effective July 1.

Osceola, Ark. – DENSO Corporation has named George Harguess president of its DENSO Manufacturing Arkansas, Inc. (DMAR) operations in Osceola, Ark., effective July 1. Harguess succeeds Andris Staltmanis, who was recently named president of DENSO Manufacturing Michigan, Inc. in Battle Creek, Mich.

Mostly recently, Harguess served as DMAR plant director, directly responsible for manufacturing, production control and maintenance as well as oversight for daily operations at the facility. Harguess joined DMAR as the operations assistant general manager in 2008 and was promoted to plant director in 2012.

Harguess joined DENSO in 1991 as a team leader at DENSO Manufacturing Tennessee (DMTN) in Maryville, Tenn. In 1995, Harguess was promoted to supervisor then assistant manager of starter production. From 2000-2003, Harguess served as starter manager, followed by five years as senior manager of DMTN’s starter and alternator plants.

About DENSO:
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 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 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.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America:
In North America, DENSO employs more than 22,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$8.0 billion for the fiscal year ending March 31, 2015. For more information, go to www.densocorp-na.com.

Company Profile: DENSO MANUFACTURING ARKANSAS, INC.
DENSO Manufacturing Arkansas (DMAR) produces HVAC assemblies and Engine Cooling Modules (ECM) for its North American customers. With 224,000 square feet of manufacturing space, the facility employs more than 450 people.

# # #

SOUTHFIELD, Mich. – DENSO International America, Inc. is joining other partners in hosting technology displays and demonstrations at the Mcity grand opening on July 20 on the campus of the University of Michigan (UM) in Ann Arbor. Mcity is a controlled test environment for connected and automated vehicles operated by UM’s Mobility Transformation Center (MTC). The 32-acre cityscape is a simulated urban and suburban environment in Ann Arbor which allows researchers to safely test new technologies without disrupting public roadways.

Mcity features a network of roads with intersections, traffic signs, signals, streetlights, building facades, sidewalks and construction obstacles which can be outfitted with sensors and other equipment to test connected and automated technologies that allow vehicles to communicate with each other and with the infrastructure. This information is then available to help improve the new technologies in automated driving.

DENSO is a Leadership Circle member of MTC, giving it access to all of the information collected, as well as patents created, from the pooled research through MTC. DENSO will also be conducting its own private research projects to collect additional data.

“Mcity is a great opportunity to combine engineering, urban planning and energy and information technologies to accelerate progress and help drive the industry forward with automated vehicles,” said Doug Patton, executive vice president of engineering at DENSO. “DENSO will have the ability to collect data on our dedicated short-range communication modules, data communication modules, driver status monitoring and more to make the necessary changes before putting these technologies on the road.”

About DENSO:
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 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 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.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America:
In North America, DENSO employs more than 22,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$8.0 billion for the fiscal year ending March 31, 2015. For more information, go to www.densocorp-na.com.

Connect with us on Facebook:
www.facebook.com/DENSOinNorthAmerica

SOUTHFIELD, Mich. – DENSO Corporation received Ford Motor Company’s coveted Aligned Business Framework (ABF) award for its global supply of a full line up of Air Conditioning (AC) Compressors and Heating, Ventilation and Air Conditioning (HVAC) assemblies and modules at Ford’s 17th World Excellence Awards ceremony on May 21, 2015. DENSO was one of nine suppliers to receive this distinguished award. Also, Ford honored DENSO affiliate Michigan Automotive Compressor Inc. (MACI) with one of the company’s highest recognitions for suppliers – the Silver Award – which marks the second time in six years MACI has received a world excellence award.

“DENSO places a great emphasis on providing innovative and high quality products, and this award helps demonstrate our commitment to those goals,” said Haruya Maruyama, executive vice president of DENSO Japan. “We want to congratulate all of our employees who helped earn this award, and we look forward to meeting high quality standards with our products in the future.”

The World Excellence Awards honor production and non-production suppliers that have exceeded Ford’s highest standards in cost, quality, technology and delivery, while at the same time embracing the ONE Ford mindset and helping the company deliver products with an unparalleled standard of excellence. Ford honored 32 suppliers out of their top 150 global suppliers at its annual recognition event. DENSO was one of 21 suppliers that received the recognition of the Silver World Excellence award.

The Aligned Business Framework is a program where Ford and some of the most strategic suppliers across the globe partner to increase mutual profitability, improve quality, drive innovation and to help encourage shared commitment to sustainability goals.

DENSO Corporation, 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 nearly 140,000 people. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

Currently, in North America, DENSO employs more than 17,000 people at 33 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas and Pennsylvania. DENSO’s North American consolidated sales totaling $8.0 billion for the fiscal year ending March 31, 2015.

Michigan Automotive Compressor, Inc. (MACI) is the largest manufacturing employer in Jackson County, MI with over 1,050 associates (employees). Established in 1989, the company manufactures automotive air-conditioning compressor units for many automotive manufacturers. Customers include GM, Chrysler, Ford, Toyota, and Honda, as well as Freightliner and John Deere. www.michauto.com

DENSO Corporation today announced management changes, which were approved at today’s shareholders meeting and board of directors meeting. These changes are effective today.

KARIYA (Japan) –DENSO Corporation today announced management changes, which were approved at today’s shareholders meeting and board of directors meeting. These changes are effective today.

1. New management
(1) 13 Board of Directors
(2) 5 Audit and Supervisory Board Members
(3) 11 Senior Executive Directors (5 Members of the Board)
(4) 28 Executive Directors

2. Retirements
(1) Board of Directors
Akio Shikamura (Newly appointed as President of DAISHINSEIKI CO., LTD.)
Shinji Shirasaki (Newly appointed as Advisor)
Hiroyuki Wakabayashi (Newly appointed as Senior Executive Director)
Shoichiro Toyoda

(2) Audit and Supervisory Board Member
Fujio Cho

(3)Senior Executive Directors
Shinji Shirasaki (Newly appointed as Advisor)
Manfredo Nicolelli (Newly appointed as Chairman of DENSO THERMAL SYSTEMS S.p.A.)

(4) Executive Directors
Tatsuya Toyoda (Newly appointed as Executive Vice President of DENSO SALES JAPAN CORPORATION )

DENSO Corporation, 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 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 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.

1. Board of Directors

2. Audit and Supervisory Board Member

3. Senior Executive Director

4. Executive Director

• Newly-appointed    + Promoted

DENSO Corporation has named Takeshi Nagasaka president of its DENSO Manufacturing Athens Tennessee, Inc. (DMAT) operations in Athens, Tenn.

SOUTHFIELD, Mich. – More than 100 employees from DENSO International America, Inc., DENSO’s North American headquarters located in Southfield, Michigan, will make their way over to the Rouge River this Saturday, May 30, to clean it up and green-up the surrounding area.WHEN: Saturday, May, 30 from 9 a.m. – noon

WHERE: Volunteers will meet at DENSO International America, Inc., located at 24777 Denso Drive, just south of Franklin Road off Telegraph in Southfield, Michigan

WHO: Working with the Friends of the Rouge, City of Southfield and Six Rivers Regional and Conservancy, a team of more than 100 DENSO employees and their families will participate in the annual Rouge Rescue Cleanup.

WHAT: A section of the Rouge River in Southfield will receive much-needed attention. Volunteers will pull logjams out of the river, pick invasive species such as garlic mustard and dames rocket, pick-up trash and other debris, and plant a native garden in the surrounding area. Local partner, Arts & Scraps, will also be on-site, leading hands-on, educational and “green” activities for children.

WHY: DENSO has supported Friends of the Rouge for 17 consecutive years, with financial contributions and participation in the Rouge Education Project and annual Rouge Rescue Cleanup events.

DENSO, as a company, was born and raised in rural Japan – surrounded by local farmers whose livelihood was dependent on the land. Because of this upbringing, the idea of helping your neighbor and preserving the environment has long been engrained in DENSO’s 60-year history.

In Southfield, DENSO International America is the North American headquarters of DENSO Corporation, a leading automotive supplier of advanced technology, systems and components. In the Americas, DENSO employs more than 17,000 people with consolidated sales totaling US$8.0 billion for the fiscal year ending March 31, 2015.

Interviews are available with team volunteers and company vice presidents. Great photo and video opportunities. For on-site contacts during event, call JoAnna McCulloch at 248-219-9947.

SOUTHFIELD, Mich. – DENSO International America, Inc. has entered into an investment agreement with Peloton Technology, a developer of platooning systems that advance safety and fuel savings for large truck transportation fleets. DENSO and Intel Capital co-led the $16 million oversubscribed Series A investment round, which will help accelerate Peloton’s development and deployment of platooning technology. The technology aims to increase fuel economy and improve safety for the global trucking industry. The deal was finalized late last month.Platooning technology uses vehicle-to-vehicle and vehicle-to-infrastructure (V2X) wireless communication and radar to pair trucks to travel closely together and thus create an aerodynamic system that is similar to drafting in race cars. The direct communication system provides a way for trucks to ‘talk’ with each other and safely follow another truck with the same features to improve braking and acceleration time, increase safety and reduce fuel costs.

“DENSO is excited to build a strong relationship with Peloton,” says Tony Cannestra, Director of Corporate Ventures for DENSO International America, Inc. “As a leader in vehicle-to-vehicle (V2V) technologies, we are eager to work closely with Peloton to implement the first large-scale deployment of a V2V system. DENSO believes that Peloton’s system has the potential to help increase safety and fuel savings in the transportation industry.”

For more than a decade, DENSO has been researching and developing V2X technology systems to allow cars to communicate’ with surrounding vehicles and traffic signals. The application of this technology to the trucking industry could potentially help large fleet vehicles reduce fuel consumption by 10 percent for the rear truck and 4.5 percent for the front truck (based on industry-standard SAE J1321 Type II fuel economy testing conducted by the North American Council for Freight Efficiency and trucking fleet C.R. England).

About DENSO:
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 and employs more than 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 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.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America:
Currently, in North America, DENSO employs more than 17,000 people at 33 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas and Pennsylvania. DENSO’s North American consolidated sales totaling $8.0 billion for the fiscal year ending March 31, 2015.

Long Beach, California – Global automotive supplier DENSO has developed a new high amperage alternator for the Medium and Heavy Duty truck market that is smaller, lighter and more efficient than the industry competition. The PowerEdge offers advanced alternator features – proven in the automotive market – like DENSO’s patented segment conductor (SC) technology, which incorporates an innovative square wire copper stator design. By leveraging DENSO’s innovative design and manufacturing technologies, the PowerEdge achieves higher efficiency in a smaller, more lightweight design, which translates into improved fuel economy. DENSO’s new product will be available in July 2015.

“DENSO has harnessed its cutting-edge technology in order to provide a much-needed solution for the commercial truck market. In addition to its improved efficiency and higher amps at idle, the DENSO PowerEdge alternator can be up to 10 pounds lighter than the industry’s competition,” said Frank Jenkins, senior manager of DENSO Product and Services Americas’ Commercial and Heavy Duty Group. “This means reduced fuel consumption over the long haul, which can save thousands of dollars per truck per year.”

DENSO’s SC alternator design has been optimized to provide the durability and long life needed to meet the severe demands of heavy and medium duty trucks. DENSO’s new PowerEdge alternators offers four output versions: 170amp, 185amp, 205amp, and 220amp. Each unit features the same innovative SC stator, producing higher efficiency and more amps at idle. Additionally, these units are equipped with heavy duty bearings, advanced long-life brush composition, and remote sense technology to prolong battery life. Not only do these highly efficient alternators offer a small, lightweight design, but its compact size and weight offer fleet and truck technicians easier handling and installation.

“Medium and Heavy Duty customers have been looking for a more durable, higher efficiency solution for their growing electrical requirements. DENSO has responded by introducing the lightest, most efficient alternator in today’s market,” said Fran Labun, vice president of Sales at DENSO Product and Services Americas. DENSO has long been regarded as a leader in the global OEM market. This DENSO PowerEdge was developed specifically for the increasing demands of the truck market and demonstrates our strengthened commitment to our customers.”

The DENSO PowerEdge Alternator provides 100 percent coverage for pad-mount applications and offers the following features and benefits: • Superior efficiency, providing reduced fuel consumption and mileage savings • Durability, long life, reducing replacement intervals and costs • Higher amps at idle • Remote sense features, prolongs battery life, reducing replacement costs • Compact size and lighter weight, for improved fuel savings and ease of installation

DENSO began producing its SC alternator for Original Equipment Manufacturers in December 1999 and produces and supplies this product in all major regions of the world. DENSO, which has supplied alternators since 1962, has been reducing the size and weight of alternators while also increasing their efficiency.

More information on DENSO’s new PowerEdge alternator can be found at http://densoheavyduty.com or contact your authorized DENSO Distributor.

About DENSO:
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 and employs more than 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 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.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America:
Currently, in North America, DENSO employs more than 17,000 people at 33 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas and Pennsylvania. DENSO’s North American consolidated sales totaling $8.0 billion for the fiscal year ending March 31, 2015.

KARIYA (Japan) – DENSO Corporation (the “Company”) announced that its board of directors agreed to present to shareholders a stock repurchase proposal (in accordance with Article 156 of the Corporation Act). This proposal will be presented at the 92th annual shareholders meeting on June 19, 2015.

1. Purpose of the stock purchase
The Company will purchase its stock after obtaining approval from the shareholders in accordance with Article 156 of the Corporation Act. The purchase of the stock will improve capital efficiency, and increase returns to shareholders. Also, the shareholder approval will enable the Company to adopt timely and flexible capital policy measures in response to changes in the business environment.

2. Information on the shares to be purchased by the Company
(1) Type of shares to be purchased: Common stock
(2) Total number of shares to be purchased: Up to 5,000,000 shares
(0.63 percent of total outstanding shares)
(3) Total cost of the purchase: Up to 30 billion yen
(4) Acquisition period:From June 20, 2015 to June 19, 2016

Note: Following shareholder approval at the 92th annual shareholders meeting on June 19, 2015, the Company will be authorized to purchase its stock.

DENSO Corporation, 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 140,000 people. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com

Currently, in North America, DENSO employs more than 17,000 people at 33 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas and Pennsylvania. DENSO’s North American consolidated sales totaling $8.0 billion for the fiscal year ending March 31, 2015.

KARIYA (Japan) – DENSO Corporation today announced its year-end dividend for the fiscal year ending March 31, 2015. This will be presented at the 92st annual shareholders meeting on June 19, 2015.

1. Details of dividends

2. Reason for change in year-end dividend from previously announced forecast
DENSO’s basic dividend policy is to maintain a stable dividend payment, taking into consideration various aspects, such as financial performance and dividend ratio. Based on this policy, the company plans to propose its year-end dividend of 63 yen per share, an increase of 15 yen from the previous forecast.

DENSO Corporation, 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 nearly 140,000 people. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

Currently, in North America, DENSO employs more than 17,000 people at 33 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas and Pennsylvania. DENSO’s North American consolidated sales totaling $8.0 billion for the fiscal year ending March 31, 2015.

KARIYA (Japan) – DENSO Corp. today announced its global financial results for the fiscal year ending March 31, 2015:

– Consolidated net sales totaled 4,308.8 billion yen (US$35.9 billion), a 5.2 percent increase from the previous year.
– Consolidated operating income totaled 355.1 billion yen (US$3.0 billion), a 6.0 percent decrease from the previous year.
– Consolidated net income totaled 293.1 billion yen (US$2.4 billion), a 2.0 percent increase from the previous year.

“DENSO’s sales increased due to an overseas production volume increase,” said Nobuaki Katoh, president and CEO of DENSO Corp.. “However, despite cost reduction efforts, an increase in production volume, R&D expenditures, and investment costs to strengthen future growth, there was a decrease in operating income.”

In Japan, the market shift towards compact cars and the decrease of export sales led to a decrease in sales to 2,663.5 billion yen (US$22.2 billion), a 2.0 percent decrease from the previous year. The decrease in production volume and the increase in labor costs, and other expenses led to an operating income of 225.2 billion yen (US$1.9 billion), a 20.5 percent decrease from the previous year.

In North America, an increase in car production, boosted by the steady economic growth, led to an increase in sales to 966.5 billion yen (US$8.0 billion), an 18.4 percent increase from the previous year. As a result of the increase in production volume, the operating income totaled 38.7 billion yen (US$321.9 million), a 163.9 percent increase from the previous year. In Europe, car production increased due to the recovery of the economic slump, which led to an increase in sales to 554.8 billion yen (US$4.6 billion), a 11.2 percent increase from the previous year. Due to the increase in production volume, the operating income totaled 16.9 billion yen (US$140.5 million), a 36.6 percent increase from the previous year.

In Asia and Oceania, the increase of car production, mainly in China, resulted in a sales increase of 1,049.7 billion yen (US$8.7 billion), a 11.3 percent increase from the previous year. The increase in labor costs and the expenditure on production and R&D capability to strengthen future growth led to an operating income of 74.7 billion yen (US$621.8 million), a 4.9 percent increase from the previous year.

In other areas, mainly the South American region, including Brazil and Argentina, sales totaled 73.8 billion yen (US$614.2 million), a 0.7 percent decrease from the previous year. The operating income totaled 0.4 billion yen (US$3.4 million).

“For the new fiscal year, we expect sales and income to increase from the previous year. This is due to the increase in production volume overseas.” said Katoh.

(Foreign exchange rates used for the next fiscal year are US$= 115 yen, Euro= 125yen) (International Financial Reporting Standards are adopted from the forecast for the next fiscal year)

Forecast for Fiscal Year Ending March 31, 2016

About DENSO
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 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 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.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America
Currently, in North America, DENSO employs more than 17,000 people at 33 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas and Pennsylvania. DENSO’s North American consolidated sales totaling $8.0 billion for the fiscal year ending March 31, 2015.

(Notes)
The above forecasts are created based on the information obtained by the date of this announcement and the actual results may differ due to various causes in the future. U.S. dollar amounts have been translated, for convenience only, at the rate of 120.17 yen = US$1, the approximate exchange rate prevailing in the Tokyo Foreign Exchange Market on March 31, 2015. Billion is used in the American sense of one thousand million.

SOUTHFIELD, Mich. – DENSO received the Automotive News Premier Automotive Suppliers’ Contribution to Excellence (PACE) Award for its industry-first standardized Heating, Ventilating and Air Conditioning (HVAC) unit that is 20 percent smaller and lighter than conventional units. The HVAC system can be used in a wide variety of vehicle lines and models, resulting in cost- savings for car makers. Traditionally, HVAC units are designed and tailored to each vehicle model. DENSO’s new unit is unique in that it provides the opportunity to reduce the scope of multiple designs and complexity from customization. The newly standardized heating and cooling system reduces CO2 emissions through improved vehicle efficiency from the overall reduction in mass and electrical power consumption.

SOUTHFIELD, Mich. – In an effort to help grow DENSO’s global heavy duty business, the company is expanding its North American research and development capabilities to include heavy duty and commercial vehicles. DENSO established a cross-functional team of market research, product engineering, and researchers that will focus on bringing-to-market products that improve fuel efficiency, expand connectivity and safety, and promote electrification of commercial vehicles. Staff will be located in Southfield and San Diego, California to support with this effort.

“North America has a strong leadership base for heavy duty technology and DENSO believes there is an opportunity to diversify our business base in this market segment,” said Patrick Powell, DENSO International Director. “In the not-so-distant future, new fuel economy and greenhouse gas regulations will drive change into the heavy duty area. And the market will continue to transition into higher levels of connectivity. DENSO is well positioned to successfully support these technologies.”

N.A. Localization and Leadership
With an increased focus on heavy duty research and development in North America, DENSO sees this as an important step forward in developing heavy duty products in the region and for the region. In addition, as fuel economy and emissions regulations in the U.S. are more advanced, DENSO expects its North American operations to lead its global heavy duty efforts.

About DENSO Corporation:
DENSO Corporation, 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 nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 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.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America:
Currently, in North America, DENSO employs more than 17,000 people at 33 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas, and Pennsylvania. DENSO’s North American consolidated sales totaling US$7.9 billion for the fiscal year ending March 31, 2014.

SOUTHFIELD, Mich. – For the 15th consecutive year, DENSO is sponsoring the SAE 2015 World Congress in Detroit, Michigan at Cobo Center from April 21-23, 2015. With this year’s theme “Leading Mobility Innovation,” DENSO is joining the best talent in the automotive industry to collaborate and address current challenges during two panel sessions. The company will also present eight technical papers throughout the duration of the Congress.

Panel Sessions:
The Autonomous Vehicle Race panel
Tuesday, April 21, 9:45 a.m.
AVL Technology Leadership Center, Grand Ballroom B
Pat Bassett, vice president of Research and Development at DENSO International America, Inc., is taking part in “The Autonomous Vehicle Race panel.” Bassett is focusing on the Human Machine Interface (HMI) challenges we face as the industry heads toward autonomous drive.

The Coming STEM Crisis
Thursday, April 23, 1:30 p.m.
FEV Innovation Forum, Grand Ballroom A
Doug Patton, senior vice president of Engineering, chief technical officer of DENSO International America, Inc. and senior director of DENSO Corp., is joining educators, legislators and other corporate representatives to discuss “The Coming STEM crisis.” Panelists will address, discuss and work in identifying solutions to the struggles in filling STEM related positions any why STEM related fields are not growing.

Technical Papers:
DENSO will present eight technical papers on topics involving thermal, powertrain, electronics, connectivity and more. Click here for a full list of technical paper sessions by day.

DENSO International America, Inc (DIAM) has sponsored SAE World Congress for more than 15 years and is this year’s lanyard sponsor. If interested in learning more about the information DENSO is presenting at SAE World Congress, please contact Michelle Remer at (248) 372-8261 or michelle_remer@denso-diam.com.

About DENSO:
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 and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 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.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America:
Currently, in North America, DENSO employs more than 17,000 people at 33 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas, and Pennsylvania. DENSO’s North American consolidated sales totaling US$7.9 billion for the fiscal year ending March 31, 2014.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica.

SOUTHFIELD, Mich. – Global automotive supplier DENSO is pleased to announce changes to its North American executive management team. These changes support DENSO’s expansion and growth in the North American region.

Stephen Milam was promoted to chief operating officer of DENSO Thermal Systems North American Center (TAC) Business Group, leading TAC in the region. Milam will also continue to serve as president of DENSO Manufacturing Canada, Inc.

Andris Staltmanis was promoted to president of DENSO Manufacturing Michigan, Inc. (DMMI). In his new role, Staltmanis will oversee DMMI operations, as well as lead TAC manufacturing activities. In addition, Staltmanis will continue to serve as president of DENSO Manufacturing Arkansas and vice president of DMMI’s Heating, Ventilation and Air Conditioning (HVAC) plant.

Michael Winkler was promoted to vice president of DENSO’s North America Purchasing Group, responsible for overseeing regional sourcing strategy to support the growth of DENSO in North America and enhance supplier relationships. In addition, Winkler will now serve as executive coordinator of TAC Purchasing, responsible for daily operations and management of DENSO’s thermal purchasing groups. Winkler will manage annual cost reduction activities, procurement of equipment and machinery and purchasing planning. Previously, Winkler served as deputy functional leader of TAC, responsible for purchasing activities at all thermal plants in North America.

Atsushi Uchida was promoted to vice president of TAC Purchasing and Purchasing functional leader, responsible for supporting TAC daily purchasing operations and management. Previously, he served as executive coordinator of TAC Purchasing.

Martin Deschenes was promoted to vice president of Electronic Products and Body Electronics Divisions at DENSO Manufacturing Tennessee (DMTN), responsible for strategy development and execution for electronics manufacturing operations. In addition, Deschenes serves as the North American Information and Safety Business Team manufacturing leader, responsible for creating electronics manufacturing expansion strategy for the region. Previously, he served as director of the Electronics Products Division at DMTN.

About DENSO:
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 and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 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.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America:
Currently, in North America, DENSO employs more than 17,000 people at 33 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas, and Pennsylvania. DENSO’s North American consolidated sales totaling US$7.9 billion for the fiscal year ending March 31, 2014.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica.

SOUTHFIELD, Mich. – For the fifth consecutive year, DENSO has earned the Platinum-level Supplier Quality Excellence Process (SQEP) certification from Caterpillar Inc. Caterpillar created the SQEP to recognize those suppliers that demonstrate their commitment to excellence, and drive a “zero defects” culture within their organizations. Certification levels include Bronze, Silver, Gold, and Platinum, reflected in order of increasing difficulty. Suppliers are certified through SQEP by meeting or exceeding stringent supplier performance standards, such as product quality and shipping performance, which are measured over the course of a 12-month period.

“It’s an incredible honor to receive this award from Caterpillar for five straight years,” said Jim Beeman, senior manager of Plant Operations at DENSO’s Product and Services Americas – Murrieta, California location. “We’re proud to recognize the hard work, dedication and collaboration put forth by our employees in California, Michigan and globally.”

DENSO Corp’s Anjo plant, located in Anjo City, Aichi Prefecture, Japan, earned the SQEP platinum certification, and the Nishio plant, located in Nishio City, Aichi Prefecture, Japan, earned the gold certification.

At DENSO’s Murrieta, California location, the company was recognized for its remanufactured starter motors and alternators at a ceremony on Feb. 27, 2015.

About DENSO:
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 and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America:
Currently, in North America, DENSO employs more than 17,000 people at 33 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas, and Pennsylvania. DENSO’s North American consolidated sales totaling US$7.9 billion for the fiscal year ending March 31, 2014.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica.

KARIYA (Japan) – The Korea Fair Trade Commission (the “KFTC”) announced today that it decided to order to rectify illegal conduct and impose a surcharge to certain automotive suppliers pursuant to Articles 19, 21 and 22 of the Monopoly Regulation and Fair Trade Act, in connection with certain past sales of automotive ignition coils and exhaust gas temperature sensors.

The KFTC has investigated this matter at certain automotive suppliers, including DENSO Corporation and its subsidiary in Republic of Korea, and the DENSO companies have fully cooperated with the KFTC.

As per the KFTC’s announcement, DENSO Corporation and its subsidiary, DENSO Korea Automotive Corporation, were named as the suppliers involved in violation of the Monopoly Regulation and Fair Trade Act (No. 8 of Section 1 in Article 19). However, the DENSO companies were exempted from all of the KFTC’s orders as described above, because they had completely eliminated the conduct that was suspected to be in violation before the commencement of the authority’s investigation and because they applied to the KFTC for the leniency program in regard to suspected illegal conduct related to sales of automotive ignition coils and exhaust gas temperature sensors, which was granted by the KFTC.

It is DENSO’s policy to comply with all applicable antimonopoly laws. Since learning of the investigation that was conducted at its U.S. subsidiary by the U.S. Department of Justice in February 2010, DENSO group companies have been taking various preventative measures, including implementing more stringent compliance rules, more enhanced compliance training and more meticulous compliance monitoring, in order to further ensure that they comply with all applicable antimonopoly laws.

DENSO is committed to compliance with all applicable antimonopoly laws around the world.

About DENSO:
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 and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America:
Currently, in North America, DENSO employs more than 17,000 people at 33 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas, and Pennsylvania. DENSO’s North American consolidated sales totaling US$7.9 billion for the fiscal year ending March 31, 2014.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica.

SOUTHFIELD, Mich. – To support future growth and strengthen its product line-up for North American customers, DENSO has invested approximately $53.6 million and added 100 new jobs at its DENSO Manufacturing Michigan, Inc. (DMMI) facility in Battle Creek, Michigan. The investment allows DENSO to develop new manufacturing lines for advanced thermal systems, add additional labs for new product testing and validation, and expand logistics and packaging operations. The investment began in late 2014 and will continue throughout 2015.

“DENSO’s Battle Creek facility is the hub for all of our thermal production in North America,” said Shingo Kuwamura, president of DMMI and CEO of DENSO Thermal Systems North American Center. “This investment allows us to expand our ‘next generation’ manufacturing and testing capabilities, while also creating space to lead our training and leadership programs as we develop our employee’s ‘next generation’ job skills.”

Expansion of Logistics and Validation Testing in Battle Creek, Michigan:
DENSO purchased two buildings in the Fort Custer Industrial Park, which increases DMMI’s footprint to include over 1.3 million square feet of space for manufacturing, warehousing, product testing, and other support functions. One building will support with warehousing parts and packaging, as well as shipping and receiving for some customers. The other building will be dedicated to new product testing, engineering process changes and other product reliability testing for its Battle Creek, Arkansas, Canada and Mexico thermal plant locations.

The DMMI announcement is part of DENSO’s expansion plans, which were announced in January 2013, to invest nearly $1 billion in North America – more than $750 million in the United States – to strengthen and expand its product development and manufacturing capabilities across the region.

About DENSO:
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 and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America:
Currently, in North America, DENSO employs more than 17,000 people at 33 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas, and Pennsylvania. DENSO’s North American consolidated sales totaling US$7.9 billion for the fiscal year ending March 31, 2014.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica.

Company Profile: DENSO Manufacturing Michigan, Inc.

SOUTHFIELD, Mich. – DENSO has earned recognition as a 2014 Partner-level supplier and was also named John Deere Power Systems Supplier of the Year in the John Deere Achieving Excellence Program. The Partner-level status is Deere & Company’s highest supplier rating. At a formal ceremony on March 3, DENSO’s Heavy Duty team was recognized for its dedication in providing products and service of outstanding quality, as well as a commitment to continuous improvement.

“We’re honored to be named John Deere’s supplier of the year in the Power Systems Supplier category, and we will work to maintain this level of recognition in the future,” said Ron Abbott, director of Heavy Duty Sales at DENSO International America, Inc. “This achievement is a direct result of the dedication and hard work put forth by our employees in Iowa, Michigan and teams around the globe.”

DENSO is a supplier of diesel common rail systems, starters, compressors, alternators and engine cooling systems to John Deere’s operations in Waterloo, Iowa; Saran, France; Torreon, Mexico; and, Rosario, Argentina.

As part of the Achieving Excellence Program, DENSO is evaluated annually in several key performance categories, including quality, cost management, delivery, technical support, and wavelength, which is a measure of responsiveness. This program was created by John Deere Supply Management in 1991 to provide a supplier evaluation and feedback that promotes continuous improvement.

About DENSO:
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 and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America:
Currently, in North America, DENSO employs more than 17,000 people at 33 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas, and Pennsylvania. DENSO’s North American consolidated sales totaling US$7.9 billion for the fiscal year ending March 31, 2014.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica.

KARIYA (Japan) – DENSO Corp. today announced that it will construct a new plant in Cambodia to produce magnetos and oil coolers. The new plant, which is located in the Phnom Penh Special Economic Zone where DENSO Cambodia Co., Ltd. operates its existing plant, will support the increasing vehicle production in the ASEAN region. DENSO’s new facility is scheduled to begin production in March 2016 and will result in about 300 new jobs.

DENSO remains committed to offering products that meet the expectations of customers and consumers. This expansion will also support job creation and economic development of local communities in the region.

The Profile of the new plant is as follows:
Name: New plant of DENSO Cambodia Co., Ltd. (tentative name)
Location: Cambodia Phnom Penh Special Economic Zone (approx. 20 min. by car from Phnom Penh International Airport)
Investment: Approx. US$19 million (2.24 billion yen)*
Employees: Approx. 380 (planned for 2017)
Site area: 100,000 m²
Total floor area: 9,600 m²
Business description: Manufacturing magnetos and oil coolers, etc.
* Exchange rate used is 118 yen to the US dollar.

[Reference]
Profile of DENSO Cambodia:
Name: DENSO Cambodia Co., Ltd.
Location: Cambodia Phnom Penh Special Economic Zone (approx. 20 min. by car from Phnom Penh International Airport)
President: Yasuhiro Iida (concurrently serves as President of DENSO Thailand Co., Ltd.)
Establishment: January 2013
Capital: US$19.37 million (2.28 billion yen)*
Ownership: DENSO INTERNATIONAL ASIA PTE. LTD (100%)
Sales: Approx. US$3.3 million (389 million yen) (2014)*
Employees: Approx. 80 (as of January 2015)
Business description: Manufacturing sensors for magnetos, etc.
* Exchange rate used is 118 yen to the US dollar.

About DENSO:
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 and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 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.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America:
Currently, in North America, DENSO employs more than 17,000 people at 33 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas, and Pennsylvania. DENSO’s North American consolidated sales totaling US$7.9 billion for the fiscal year ending March 31, 2014.

Honolulu, HI, February 19, 2015 – The Energy Excelerator, a startup accelerator program that provides funding and strategic relationships to help young companies solve the world’s energy and transportation challenges, is partnering with global automotive supplier DENSO in an effort to further accelerate the commercialization of innovative energy-related technologies. This partnership aligns with the Energy Excelerator’s 2015 cohort of companies – 16 companies with innovative energy solutions selected from a pool of over 300 applicants – and also supports DENSO’s 2020 goal to significantly improve vehicle fuel efficiency, reduce CO2 emissions, and to also reduce the world’s overall energy consumption.

“The Energy Excelerator is unique because it enables startup companies that can help solve tomorrow’s energy and transportation challenges vet their technologies in a real-world test bed through this program,” said Tony Cannestra, director of Corporate Ventures at DENSO International America. “In addition to DENSO’s extensive internal R&D efforts, DENSO is also very committed to fostering and supporting external innovation in key areas such as transportation and energy efficiency.”

As a corporate sponsor, DENSO will work with the Energy Excelerator in three key ways:

1. Hold a position on the Energy Excelerator’s Strategic Advisory Board where DENSO will help identify challenges within the energy-transportation nexus. Those challenges will guide the selection of startups Energy Excelerator chooses for the 2016 cohort.
2. Get a first look at, and provide valuable feedback on, the newest innovations in transportation and energy that enter the Energy Excelerator’s pipeline of startups.
3. Have the opportunity to be a project partner for proposed demonstration projects with Energy Excelerator’s cohort companies.

“We are excited to partner with DENSO to address energy- and transportation-related challenges in innovative ways. Two sectors DENSO is heavily involved in, transportation and energy storage, are well represented in our 2015 cohort,” said Dawn Lippert, director of the Energy Excelerator. “In addition to aligning with our mission, DENSO can also bring tremendous value to our companies in helping scale their solutions to the rest of the world.”

DENSO’s partnership will help expand the Energy Excelerator’s program, as well as further accelerate the commercialization of innovative energy-related technologies. DENSO joins the Office of Naval Research, the U.S Department of Energy, the Hawaii State Energy Office, and Hawaiian Electric Industries as strategic advisors of the Energy Excelerator. In addition, DENSO also is sponsoring Energy Excelerator partners, ProspectSV, a Silicon Valley-based commercialization center for emerging technology companies, and Cleantech Open, the world’s largest cleantech accelerator.

DENSO’s Silicon Valley office actively works with startup companies, and through this partnership with the Energy Excelerator expects to gain access to new technologies in the areas of electric vehicles, transportation, batteries, and energy storage while also expanding DENSO’s overall presence and visibility within entrepreneurial networks.

In 2008, the State of Hawaii committed to 70 percent reduced oil use in transportation by 2030. This aggressive goal is now the focus of the Hawaii Clean Energy Initiative, the state-federal partnership to decrease Hawaii’s dependence on imported oil. The Energy Excelerator is working with the State of Hawaii to achieve its aggressive goals by introducing new solutions to Hawaii, providing funding and facilitating the partnerships needed to demonstrate these technologies, and helping these companies scale their customer base.

About the Energy Excelerator
The Energy Excelerator is a startup program dedicated to helping solve the world’s energy challenges, starting in Hawaii. We help innovative companies succeed in Hawaii and the Asia Pacific with funding, strategic relationships, and a vibrant ecosystem. Our program is primarily funded by the U.S. Department of Energy and the U.S. Office of Naval Research and operates as a project of the Pacific International Center for High Technology Research (PICHTR).

Website: energyexcelerator.com
Connect with us on Twitter: twitter.com/energy_excel

About DENSO
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 and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.

Currently in North America, DENSO employs more than 17,000 people at 32 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Alabama and Arkansas. DENSO’s North American consolidated sales totaled US$7.9 billion for the fiscal year ending March 31, 2014.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica.

KARIYA (Japan) – DENSO Corp. today announced that it plans to voluntarily adopt the International Financial Reporting Standards (IFRS). The first document to use IFRS, in place of Japanese accounting standards, will be the consolidated financial statements in DENSO’s Annual Securities report for the fiscal year ending March 31, 2015.

DENSO chose to adopt the IFRS as a global standard to accelerate speedy management by unification of accounting standards in group companies, and to enable stakeholders to more conveniently compare the financial information of DENSO and other companies in capital market.

Japanese accounting standards will continue to be applied to the summary of consolidated financial results for the fiscal year ending March 31, 2015, as well as the consolidated financial statements constructed in accordance with the Companies Act of Japan for the same period.

Tentative schedule for shift to disclosure based on IFRS

About DENSO:
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 and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 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.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America:
Currently, in North America, DENSO employs more than 17,000 people at 33 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas, and Pennsylvania. DENSO’s North American consolidated sales totaling US$7.9 billion for the fiscal year ending March 31, 2014.

(Notes)
The above forecasts are created based on the information obtained by the date of this announcement and the actual results may differ due to various causes in the future. U.S. dollar amounts have been translated, for convenience only, at the rate of 109.45 yen = US$1, the approximate exchange rate prevailing in the Tokyo Foreign Exchange Market on September 30, 2014. Billion is used in the American sense of one thousand million.

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KARIYA (Japan) – DENSO Corp. today announced plans to elect Koji Arima as new president and CEO after the annual shareholders meeting in June. Current President and CEO Nobuaki Katoh will be promoted to chairman.

“I am both honored and determined to lead DENSO to further success as we continue to focus on developing world-first technologies, innovations in manufacturing, and true globalization,” Arima said. “I am dedicated to meeting the needs of our current and future customers, as well as fostering a sense of community and collaboration among DENSO’s 140,000 global employees.”

Arima joined DENSO in 1981, after earning a bachelor’s degree in Engineering from Kyoto University in Kyoto, Japan. He currently serves as senior executive director of DENSO’s Manufacturing Innovation Center.

Before assuming leadership of the Manufacturing Innovation Center, Arima’s assignments included serving as president of DENSO Manufacturing Italia and as executive director of DENSO’s Engine Electrical Systems Business Unit. Additional overseas experience included a stint at DENSO Manufacturing Tennessee in Maryville, Tennessee.

Katoh has served as DENSO’s president and CEO since June 2008. Katoh led DENSO through the economic recession that followed the Lehman Brothers bankruptcy and the instability caused by the Great East Japan Earthquake, focusing on sustainable growth and increasing localization.

“It has been my honor and pleasure to serve as DENSO’s president for the past seven years,” said Katoh. “Arima has the qualities DENSO needs to stay competitive in the rapidly changing global business environment—a clear vision for the future, strong leadership and global experience, and broad business perspective.”

About DENSO:
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 and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 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.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America:
Currently, in North America, DENSO employs more than 17,000 people at 33 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas, and Pennsylvania. DENSO’s North American consolidated sales totaling US$7.9 billion for the fiscal year ending March 31, 2014.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica.

SOUTHFIELD, Mich. – Tennessee Governor Bill Haslam presented DENSO Manufacturing Athens Tennessee with the state’s highest honor for workplace safety and health, the Volunteer STAR (Safety Through Accountability and Recognition) award at a news conference today at DENSO’s Athens, Tennessee facility.

“On behalf of our employees, I’m very proud to accept this award today,” said Ike Yamashita, president of DENSO Manufacturing Tennessee. “At DENSO, our policy is Safety and Quality First, and this award recognizes our excellent workforce and continuous commitment to safety.”

The Volunteer STAR is a nationally recognized program patterned after the Occupational Safety and Health Administration (OSHA) Voluntary Protection Program (VPP) and recognizes the best of the best in the area of safety and health programming and performance. There are currently 40 Volunteer STAR sites in Tennessee.

DMAT has approximately 1,450 employees in manufacturing of automotive components, such as oxygen sensors, spark plugs, ignition coils, monolithic carriers, fuel injectors, air flow meters and fuel rails for the automotive industry. This is the site’s third time to receive the Volunteer STAR award.

About the Volunteer STAR Program and the VPP
The standard for participation in the STAR program is the confirmation of a company’s safety and health program, which helps reduce accidents and injuries. The program also allows employers to be removed from programmed compliance inspection lists for a period of three years. The VPP is designed to recognize and promote effective safety and health management. In the VPP, management, labor and Tennessee OSHA establish a cooperative relationship at a workplace that has implemented a strong program.

For more information on the Volunteer STAR award program, the VPP and other award programs, please visit the Department of Labor and Workforce Development website.

About DENSO
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 nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 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.globaldenso.com.

About DENSO in North America
DENSO employs more than 17,000 people at 33 consolidated companies and affiliates throughout North America. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas, and Pennsylvania. DENSO’s North American consolidated sales totaled US$7.9 billion for the fiscal year ending March 31, 2014.

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SOUTHFIELD, Mich. – Global automotive supplier DENSO is exhibiting at the 2015 North American International Auto Show for the 11th consecutive year, held at Cobo Center in Detroit, Jan. 12-25. As a premier sponsor, DENSO is showcasing products and technologies in the areas of environment and safety.

Safety:
DENSO will exhibit cutting edge vehicle-to-vehicle and vehicle-to-infrastructure (V2X) and Human Machine Interface (HMI) technologies, with a simulator that allows consumers to experience the safety and convenience benefits of this revolutionary technology. This experience will also show how consumers’ vehicles will communicate with personal mobile devices, like smartphones, to prevent pedestrian accidents in the future. In addition, DENSO will feature an autonomous drive display where consumers can see how active safety and HMI technologies will help realize an autonomous drive society.

Environment:
DENSO will also display its newly developed standardized Heating, Ventilating and Air Conditioning (HVAC) unit, which is smaller and more efficient than previous generations. It’s the world’s first standardized HVAC component that can be used in a wide variety of vehicles, which will allow carmakers to realize a cost savings. DENSO’s will feature its Gasoline Direct Injection (GDI) and Hybrid and Electric Vehicle (HEV) technologies.

Smart City:
DENSO will also show its vision for “smart cities” of the future, and how we can apply our expertise beyond the automotive industry. Through a Smart City miniature diorama, we’ll bring a future city to life via looping projection-mapped animation. The display will show consumers how vehicles, infrastructure and homes become connected and more energy efficient.

Questions & Interview Scheduling:
If you would like to schedule an interview with DENSO executives, please contact Bridgette LaRose at 586-703-3322 or bridgette_larose@denso-diam.com or Michelle Remer at 989-280-6960 or michelle_remer@denso-diam.com.

About DENSO Corporation:
DENSO Corporation, 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 nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 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.globaldenso.com.

About DENSO in North America:
DENSO employs more than 17,000 people at 33 consolidated companies and affiliates throughout North America. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas, and Pennsylvania. DENSO’s North American consolidated sales totaled US$7.9 billion for the fiscal year ending March 31, 2014.

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SOUTHFIELD, Mich. – DENSO’s newly standardized Heating, Ventilating and Air Conditioning (HVAC) unit has been selected as a finalist for the 2015 Automotive News Premier Automotive Suppliers’ Contribution to Excellence (PACE) Award. DENSO’s world-first HVAC unit can be used in a wide variety of vehicle lines and models resulting in a cost-saving for car makers.

“The challenge was big, but our latest HVAC system is one of our smallest ever,” said Jason Hendry, director of Climate Control at DENSO International America, Inc. “Our products are designed with ease of assembly – they contain fewer parts and have features that are easier to grasp, move, orient and insert.”

Traditionally, HVAC units are designed and tailored to each vehicle model; however, this new unit is unique in that it eliminates the need for multiple designs. Small changes in the case width of the HVAC module allow car makers to use it throughout various models and segments. The newly standardized unit reduces CO2 emissions through improved vehicle efficiency from the overall reduction in size, mass and electrical power consumption.

In 2014, DENSO began mass production of the HVAC unit began in Japan and production in North America is planned to begin in 2015 – other global regions will follow from 2016 to 2018.

DENSO received the Automotive News PACE Award in 2004 for the Very High-Pressure Solenoid Fuel Injection System. PACE Award winners will be announced on April 20, 2015 at the Max M. Fisher Music Center in Detroit.

About DENSO Corporation:
DENSO Corporation, 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 and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 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.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America:
Currently, in North America, DENSO employs more than 17,000 people at 33 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas, and Pennsylvania. DENSO’s North American consolidated sales totaling US$7.9 billion for the fiscal year ending March 31, 2014.

SOUTHFIELD, Mich. – Global auto supplier DENSO will exhibit at the upcoming 2015 International CES (Consumer Electronics Show) in Las Vegas, showcasing innovative solutions that will make life safer, greener and easier. DENSO will be exhibiting in the main show at Tech East at the Las Vegas Convention and World Trade Center (LVCC); North Hall, Booth #302.

DENSO will demonstrate technologies and concepts that can help people safely connect when they are in the car. Some of those technologies, along with V2X (vehicle-to-vehicle and vehicle-to-infrastructure) technology will be demonstrated on two vehicles inside DENSO’s exhibit.

DENSO also is applying its automotive technology expertise to other products that can provide a better quality of life for people around the world, such as ProFarm Agricultural System, which is used in greenhouses to improve growing conditions for fresh vegetables and fruit, and a Health Monitoring System, which collects medical and health-related information and checks and monitors the user’s physical condition.

Also featured in DENSO’s exhibit is a Smart City installation, a miniature diorama of an intelligent future city brought to life via looping projection-mapped animation.

This is the second time DENSO has exhibited at CES. DENSO joins more than 3,500 exhibitors, including nine automotive manufacturers, at the 2015 International CES, Jan. 6-9 at the Las Vegas Convention Center.

About DENSO:
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 nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 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.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America:
Currently, in North America, DENSO employs more than 17,000 people at 33 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas, Alabama and Pennsylvania. DENSO’s North American consolidated sales totaling US$7.9 billion for the fiscal year ending March 31, 2014.

SOUTHFIELD, Mich. – To meet increasing sales in North America, global automotive supplier DENSO will open a new shipping warehouse in Nashville, Tennessee. The company will invest approximately $6.7 million to open a 165,000 square-foot warehouse, which will result in the creation of about 20 new jobs. DENSO’s new location, DENSO Logistics Nashville Tennessee (DLNT), is scheduled to open in April 2015.

“This new warehouse enables us to expand our capabilities to satisfy our customers and also support continued sales growth,” said Britt Autry, vice president of the North American Production Promotion Center at DENSO Manufacturing Tennessee in Maryville.

Warehouse Expansion in Michigan:
Along with the Nashville expansion, DENSO also recently invested approximately $1.6 million to expand its DENSO Logistics Michigan (DLMI) warehouse, located in Belleville, Michigan. The investment represents the addition of 40,902 square feet and 10 new jobs. DLMI opened its doors in 2007 to coordinate the distribution of products from various countries, like Japan, Spain, Hungary and Thailand, to a wide range of DENSO’s North American customers. With the addition of DLNT, DENSO will have six warehouses in North America.

The Michigan and Tennessee warehouse news is part of DENSO’s expansion plan to invest nearly $1 billion in North America – more than $750 million in the United States – to strengthen and expand its product development and manufacturing capabilities across the region.

Interested in Applying for a Job:
To apply for a position at DENSO’s new Nashville, Tennessee location, or any other location in North America, please visit www.densocorp-na.com/careers/working-at-denso.

New Company Profile

About DENSO Corporation:
DENSO Corporation, 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 nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 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.globaldenso.com.

About DENSO in North America:
DENSO employs more than 17,000 people at 33 consolidated companies and affiliates throughout North America. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas, and Pennsylvania. DENSO’s North American consolidated sales totaled US$7.9 billion for the fiscal year ending March 31, 2014.

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SOUTHFIELD, Mich. – Global automotive supplier DENSO is joining technology leaders worldwide at the SAE 2014 Convergence, to address evolving electronics technology. SAE Convergence is held Oct. 21-22, 2014 at COBO Center in Detroit, Michigan.

Panel Session: A Secure Personal Mobility Experience
Roger Berg, vice president of North America Research and Development at DENSO International America, Inc. (DIAM), is participating in a panel discussion on Tuesday, Oct. 21 at 2:00 p.m. in Grand Ballroom B, located on Level 2. The focus will be on automotive systems becoming more-interconnected and how critical it is for safety and cyber-security to be assured.

SAE Convergence Sponsor
DENSO also is the SAE 2014 Convergence lanyard sponsor.

Earlier this year, DENSO expanded its Silicon Valley, California office to further support advanced research and development activities in multiple areas of technological innovation, such as mobile security. As part of its substantial innovation efforts, DENSO created a dedicated team in the Silicon Valley office that will aggressively pursue investments into entrepreneurs and startup companies; Berg helps lead these activities in Silicon Valley.

About DENSO Corporation:
DENSO Corporation, 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 nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 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.globaldenso.com, or visit our media website at www.densomediacenter.com.

About DENSO in North America:
DENSO employs more than 17,000 people at 33 consolidated companies and affiliates throughout North America. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas, and Pennsylvania. DENSO’s North American consolidated sales totaled US$7.9 billion for the fiscal year ending March 31, 2014.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

KARIYA (Japan) – DENSO Corp. today announced that it has decided to end production at DENSO Automotive Systems Australia in line with the withdrawal of its customers’ from auto production in Australia. DENSO will determine when production will end based on its customers’ schedules.

DENSO started operations in Australia in 1972 and has manufactured several automotive products, including climate control units and radiators, for local customers. In line with the decisions made by its customers to withdraw from the auto production in Australia, DENSO has decided to end its local production. The company will continue with its aftermarket business and services.

DENSO will provide the maximum support necessary, including transitional support and job placement assistance to employees affected by this decision.

“Due to our customers’ decisions to end production, we had no choice but to make this very difficult decision,” said Nobuaki Katoh, president and CEO of DENSO Corporation. “I would like to express my deepest appreciation to our employees and the local community for their support of DENSO in Australia for the past 42 years.”

Profile of the Company

About DENSO Corporation:
DENSO Corporation, 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 nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 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.globaldenso.com.

About DENSO in North America:
DENSO employs more than 17,000 people at 33 consolidated companies and affiliates throughout North America. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas, and Pennsylvania. DENSO’s North American consolidated sales totaled US$7.9 billion for the fiscal year ending March 31, 2014.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

ANN ARBOR, Mich. – A select group of companies will be the founding partners in the University of Michigan’s Mobility Transformation Center (MTC), a major public-private R&D initiative that aims to revolutionize the movement of people and goods in society the university announced Friday.

Spanning such sectors as auto manufacturing, suppliers, ITS, insurance, telecommunications, data management, and mobility services (see list below), the MTC’s Leadership Circle will join with government and academic partners to lay the foundations for a commercially viable system of connected and automated vehicles.

Plans call for implementing a working system in Ann Arbor by 2021.

“We are on the threshold of a transformation in mobility that the world hasn’t seen since the introduction of the automobile a century ago,” said Dr. Peter Sweatman, director of the MTC. “Only by bringing together partners from these sectors as well as from government will we be able to address the full complexity of the challenges ahead as we all work to realize the opportunities presented by this emerging technology. I am thrilled with the diversity and global reach of the new ecosystem of companies and agencies we have created. Our Founding Leadership Circle provides a unique nucleus for collaboration, deployment, and rapid learning in connected and automated mobility.”

Connected vehicles, commonly known as V2V, have been tested extensively by the University of Michigan Transportation Research Institute (UMTRI) in the USDOT’s Safety Pilot Model Deployment in Ann Arbor. The results have been used to support the recent Advanced Notice of Proposed Rule Making announcement by the National Highway Traffic Safety Administration (NHTSA). Connected vehicle technology, including vehicles that can communicate with one another and with the surrounding infrastructure (V2I), has the potential to avoid the majority of serious crashes when extensively deployed.

With the help of the Michigan Economic Development Corporation (MEDC), MTC is building on this two-year deployment of approximately 3,000 vehicles to create a major V2V deployment of 9,000 vehicles in Ann Arbor. The Center is also working with the Michigan Department of Transportation (MDOT) and industrial partners to provide sufficient V2I infrastructure in SE Michigan to support an unprecedented deployment of 20,000 connected vehicles.

“This is the next big thing for the state that put the world on wheels,” said MDOT Director Kirk T. Steudle. “We are thrilled to join our partners in private industry and the University of Michigan in supporting groundbreaking research to keep our state in the lead in building the safest and most efficient vehicles in the world.”

In addition to their definitive role for safety, connected vehicles will accelerate the deployment of one of the most exciting concepts in transportation today: vehicle automation. To make the most of this convergence, MTC is developing an off-roadway facility for testing connected and automated vehicles.

Occupying 32 acres on U-M’s North Campus Research Complex, the Mobility Transformation Facility (MTF) is a unique off-roadway cityscape with the broad range of complexities that vehicles encounter in urban and suburban environments. Scheduled to be completed this fall, it includes 4 lane-miles of roads with intersections, roadway markings, traffic signs and signals, sidewalks, benches, simulated buildings, streetlights, parked cars, pedestrians and obstacles such as construction barriers. This facility was designed and constructed in partnership with MDOT and is available to Leadership Circle members to work collectively on big system issues as well as on specific technological developments.

With the goal of accelerating progress in the development and implementation of connected and automated technology, Leadership Circle members will work together to identify emerging opportunities as well as the barriers to realizing them, anticipate and help shape key standards and regulations, and help guide the direction of the research.

“The collective potential of our founding Leadership Circle for innovation and constructive public-private engagement is immense,” said Sweatman. “Working together, this new group of partners will provide a voice of reason in this exciting technological landscape, while moving forward with a sense of urgency for accelerated deployment.”

MTC’s research program will draw on a wide range of expertise from the University of Michigan’s schools and colleges.

“We have key strengths in engineering and science, but the challenges ahead are not just technical,” said Sweatman. “We will engage faculty from across campus to address interrelated legal, political, regulatory, social, economic, and urban planning issues.”

Founding members of the Leadership Circle are each committing a total of $1 million over three years to create a vibrant R&D ecosystem, and to support the MTC and its programs. A broader range of companies will engage in the work of the Center as Affiliates.

“With more than 375 public and private automotive R&D centers representing organizations from around the world, extensive manufacturing facilities, and an exceptional pool of talent, Michigan is uniquely positioned to spark the transformation of mobility worldwide,” said Nigel Francis, senior vice president at the Michigan Economic Development Corporation, Automotive Office. “The MTC is playing a critical role in catalyzing the diverse technologies, talent, and resources from this region and beyond needed to accelerate progress and usher in a new era of mobility.”

The founding members of the MTC Leadership Circle are:

Join the conversation: #GoDriverless. For more information on the University of Michigan’s Mobility Transformation Center, please visit www.mtc.umich.edu.

KARIYA (Japan) – On June 28, 2010, DENSO Corp. received a supplementary tax assessment order from the Nagoya Regional Taxation Bureau, pursuant to the provisions of the Special Taxation Act concerning tax havens. The supplementary income assessment was approximately 11.4 billion yen (US$108.3 million) and the additional tax payment was approximately 1.2 billion yen (US$11.4 million), including the local government taxes, covering DENSO’s Singapore subsidiary for the fiscal years ending March 2008 and 2009. DENSO, dissatisfied with the supplementary tax assessment order, has been filing a complaint with the Nagoya District Court for the rescission of the supplementary tax assessment order. On Sept. 4, DENSO received the judgment for this assessment.

Development of the Case:

• June 28, 2010: DENSO received a supplementary tax assessment order
• Aug. 26, 2010: DENSO filed an objection with the Regional Commissioner
• Nov. 24, 2010: Objection filed by the Company was dismissed by Regional Commissioner
• Dec. 22, 2010: Filing of a petition with the National Tax Tribunal to seek a review
• Aug. 8, 2011: DENSO filed a complaint with the Nagoya District Court
• Sept. 4, 2014: Delivery of the judgment by Nagoya District Court

Contents of the Judgment:
The court ruled the rescission of the supplementary tax assessment order. However, 1 billion yen out of 11.4 billion yen of the rescission amount of income which DENSO claimed was dismissed.

Next Steps:
DENSO believes the ruling by Nagoya District Court recognizes the legitimacy of DENSO’s claim and is the result of a reasonable judgment. However, the court dismissed a part of the rescission amount of income, therefore, DENSO plans to file an appeal to Nagoya High Court about the part which was dismissed by the judgment.

About DENSO Corporation:
DENSO Corporation, 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 nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 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.globaldenso.com.

About DENSO in North America:
DENSO employs more than 17,000 people at 33 consolidated companies and affiliates throughout North America. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas, and Pennsylvania. DENSO’s North American consolidated sales totaled US$7.9 billion for the fiscal year ending March 31, 2014.

Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica

KARIYA (Japan) – Global automotive supplier DENSO Corp. will exhibit a variety of technologies at the 2014 Intelligent Transport Systems World Congress, held at Cobo Center in Detroit, Michigan, from Sept. 7 – Sept. 11. To support DENSO’s vision to have an accident-free and eco-friendly society, DENSO’s exhibit theme is “Technology to keep people safe wherever they drive—Everyday Confidence, Extraordinary Safety.” DENSO will showcase its technologies on Belle Isle in Detroit and on highway I-75 alongside the congress.

DENSO will exhibit systems that are achieved through a combination of sensing and Human Machine Interface (HMI) technologies, as well as products for these systems, to offer “Everyday Confidence, Extraordinary Safety” to all people, including drivers.

An advanced driving support system, which offers the driver information without distractions and cyber security technologies, such as eliminating outside disturbances, will be showcased. Also, an in-vehicle electronic system will exhibit an in-vehicle platform from a vehicle’s perspective.

In addition, DENSO is participating in a technology showcase as part of ITS World Congress, with three live vehicle demonstrations involving “talking car,” or vehicle-to-vehicle (V2V) technology.

The first demonstration, located on Belle Isle, shows how two vehicles seamlessly communicate using both dedicated short-range communications (DSRC) and 4G LTE communications. In the second demonstration, also located on Belle Isle, DENSO will showcase automated driving using the same device that enables “talking car,” or V2V communications. Located on highway I-75, the third demonstration will show how two tractor-trailers can travel in tandem just 36-feet apart, equipped with Peloton’s truck platooning systems, DENSO’s DSRC radios and Meritor WABCO’s safety system.

DENSO has been working to develop technologies and products to help achieve a society free of traffic accidents and will remain committed to help build a safe automotive society for all people around the world, including drivers and pedestrians.

About DENSO Corporation:
DENSO Corporation, 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 nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 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.globaldenso.com.

About DENSO in North America:
DENSO employs more than 17,000 people at 33 consolidated companies and affiliates throughout North America. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Alabama, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Arkansas, and Pennsylvania. DENSO’s North American consolidated sales totaled US$7.9 billion for the fiscal year ending March 31, 2014.

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