News

DENSO Sponsors the National Society of Black Engineers Annual Conference in Detroit

NA NewsPress Releases

SOUTHFIELD, Michigan ― DENSO, the world’s second largest mobility supplier, is a proud sponsor of the National Society of Black Engineers (NSBE) 45th Annual Convention taking place in Detroit, Mich., March 27-31, 2019. At the event, DENSO will conduct interviews with potential candidates and look to hire approximately 20 people onsite. The company is hiring for co-op, intern and full-time positions in the following engineering areas: mechanical, computer, electrical, software, computer science and industrial. Interested candidates can sign up for interviews here.

At the Convention, DENSO will host a hospitality suite where attendees can meet and network with DENSO leaders and employees, who can discuss the company’s latest innovations and software-based solutions focused on electrification, automated driving, connectivity and shared economy that are improving the future of mobility. To register for the hospitality suite, click here.

“DENSO is a company that will challenge you immediately. You’ll have an opportunity to learn quickly, add value and make an impact in one of the most exciting and fastest-changing industries,” said Kenichiro Ito, chief executive officer for DENSO’s North American operations. “NSBE attracts some of the highest-achieving students and professionals who have a passion for STEM and want to advance their communities and society at large. That’s the kind of talent and determination we’re looking for at DENSO.”

The thousands of engineers at DENSO are directly responsible for everything from design and prototypes to production processes and cybersecurity software. Their successful efforts are featured in vehicles around the world as they create safer and more secure transportation while reducing harm to the environment.

“DENSO has a strong culture that gives employees the tools needed to be successful and innovative while providing a healthy work-life balance. Flextime, work-from-home options and a positive work environment play a large role in keeping employees happy and motivated,” said Ashley Justman, an application engineer at DENSO.

If you are interested in starting your engineering career at a place where you can bring your innovative ideas to life, apply at DENSO today: https://densocareers.com/.

NSBE is a national nonprofit committed to graduating 10,000 black engineers annually by 2025. Its annual event draws more than 12,000 engineers, educators and representatives from academic institutions, government agencies, corporations and other nonprofit organizations.

About DENSO Corporation

DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada, and Mexico. In the United States alone, DENSO employs 17,000+ employees across 12 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/.

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DENSO Joins Olfaction Consortium as Founding Member

Press Releases

SOUTHFIELD, Michigan – No one wants to sit in a dirty, smelly car. But what happens when that car does not involve a human driver to clean it up? To help answer that question, DENSO, the world’s second largest mobility supplier, has joined the Digital Olfaction Automotive Consortium (DOAC) as a founding member. As shared mobility services mature, and more drivers become passengers, the partnership gives DENSO an edge in its efforts to improve vehicle air quality and interior sensing for rider safety and satisfaction.

DOAC was launched by French company Aryballe Technologies to inform olfaction product development and services. Aryballe develops and manufactures bio-inspired “digital nose” sensors enabling groundbreaking applications in the food, cosmetics and automotive industries.

“Most automotive research has centered on vision-inspired machine learning, but odor-inspired learning has promising applications that will contribute to the future of mobility,” said Rob Brinker, director of Thermal R&D at DENSO International America. “The DOAC is comprised of the world’s leading olfaction researchers focused on developing industry-leading technologies in the space. Utilizing our expertise in vehicle interiors, we look forward to supporting their mission.”

Soon enough, cities around the world will feature an array of advanced mobility solutions for urban populations, including self-driving cars, ride- and car-sharing services, and autonomous buses and shuttles. For these services to be convenient and effective for city dwellers, it will take broad fleet deployments that are highly optimized and strategically managed. DENSO, as part of its long-term vision, aims to provide advanced technologies and products that allow customers to operate more efficiently and ensure passengers have an enjoyable experience.

The partnership with DOAC will also support DENSO’s advanced R&D strategy as it looks to use its sense, judge and actuate system-level approach to olfaction. This will allow DENSO to address and improve air quality problems or bad odors within the vehicle.=

In addition to setting industry standards for olfaction, the DOAC will work to create an accessible reference database for relevant odors that includes everything from cigarette smell to odors indicating mechanical malfunctions.

Humans can sense an average of 1 trillion odors. As part of DOAC, DENSO will continue to lead the development of next-generation technologies, including those related to olfaction, to create new value for the future of mobility and ensure passenger comfort.

About DENSO

DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,000+ employees across 12 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/.

About Aryballe

Based in Grenoble, France, Aryballe develops and manufactures bio-inspired “digital nose” sensors enabling groundbreaking applications in the food, cosmetics and automotive industries. Founded in 2014, it released its first product, the digital nose NeOseTM Pro in early 2018. Fast, portable and sensitive to hundreds of odors, NeOseTM Pro is used for quality control in the cosmetic industry, new flavors development in the Food & Beverage industry, or materials quality monitoring in the automotive industry.

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DENSO Takes a Stake in Airbiquity to Advance Connected Vehicle Technology

In the News

SOUTHFIELD, Mich., March 12, 2019 /PRNewswire/ -- DENSO, the world's second largest mobility supplier, today announced it has taken a $5M stake in Seattle-based Airbiquity Inc., a global leader in connected vehicle services and a pioneer in the development of automotive telematics technology. The investment will accelerate the development of over-the-air (OTA) systems for wirelessly updating automotive software from a remote location.

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DENSO Announces Executive Leadership Changes in North America

NA NewsPress Releases

SOUTHFIELD, MichiganDENSO, the world’s second largest mobility supplier, has announced executive leadership changes and appointments across its North America organization to advance its long-term commitment to create new value for the future of mobility. These changes will enable DENSO to remain competitive, operate more efficiently, and accelerate the management team’s decision-making process.

To achieve this during a time of unprecedented change in the automotive industry, DENSO is focused on strengthening global collaboration, overall North America functions and regional business units. The executive changes announced today will accelerate those focuses to help DENSO meet its goals to:

  • Improve performance in areas like electrification and automated driving
  • Increase sustainable growth in existing business units
  • Promote advanced research and development throughout the region
  • Develop new business opportunities in North America

“We have big goals at DENSO. And we’ll achieve them because we have strong and innovative leaders who are working toward one shared vision to create a safe, secure and sustainable future,” said Kenichiro Ito, executive director for DENSO Corporation and chief executive officer of DENSO’s North American Headquarters. “Leadership rotations and changes strengthen the skills, knowledge, and capabilities of our management team, as well as help unify and improve collaboration of our different DENSO locations, product groups, and business/functional teams. We congratulate our leaders and wish them great success in their new roles.”

North America Executive Leadership Changes

To ensure the right people are in the appropriate positions during this critical time, the following changes are effective April 1, 2019: 

Global Executive Officer Appointments:

Shinichi Nakamizo will serve as executive officer of DENSO Corporation and North American Manufacturing. He will transition from his current role as president of DENSO’s Apodaca, Nuevo Leon, Mexico facilities. 

Steve Milam will serve as executive officer of DENSO Corporation. He will also serve as executive officer of Corporate Function Division, Powertrain Systems Business, and Electrification Systems Business of North America. He will transition from his current role as chief executive officer of DENSO’s North America Thermal Systems Center (TAC) Business Group.

Jack Helmboldt will resign as executive director of DENSO Corporation and retire as president of DENSO’s Maryville, Tennessee location. He will continue to serve as president emeritus and executive advisor to DENSO, providing guidance, knowledge, and support to DENSO’s business operations and manufacturing leadership development. Helmboldt will continue to serve as a representative for DENSO in its External Affairs, government, and community efforts. 

Business Leaders:

Andris Staltmanis will serve as lead of North America Thermal Systems Business group. He will transition from his current role as president of DENSO’s Battle Creek, Michigan, Thermal facility. 

Marty Deschenes will serve as lead of North America Gasoline Systems Business and North America Exhaust Aftertreatment Systems Business groups. In addition, he will serve as president of DENSO’s Athens, Tennessee facility. He will transition from his current role as vice president of the Electrification Systems Business Group and Start/Alternator Division at DENSO’s Maryville, Tennessee, location. 

Shuji Kimoto will end his assignment as president of ASMO North Carolina and will return to global headquarters in Japan for a new assignment.

Masanori Iyama will serve as lead of North America Motors Business group and president of DENSO’s three Motor facilities located in Statesville and Greenville, North Carolina, and Battle Creek Michigan location, previously known as ASMO. Effective April 1, 2019, ASMO will be integrated into DENSO’s North American operations. Iyama will transition from his current role as head of Motor Planning Division for DENSO Corporation.

Jon Callies will serve as lead of North America Electric Components and North America Electrification Components Business groups. He will transition from his current role as director of Starter/Alternator Division at DENSO’s Maryville, Tennessee operations. 

Functional Leaders:

In addition to his executive officer appointment, Steve Milam will serve as head of North America Human Resources department. 

Yukio Asano will end his expatriate assignment as executive vice president of Corporate Function and return to DENSO Corporation (global headquarters), for a new assignment. 

Makoto Hasegawa will serve as group head of North America Corporate Division Finance Group, located at DENSO’s North American headquarters in Southfield, Michigan. He will transition from his current role as executive coordinator of Corporate Function.

Dave Grimmer will serve as division head of North America Production Innovation Division. He will transition from his current role as vice president of HVAC Operations at DENSO’s Battle Creek, Michigan, Thermal facility. 

Satoshi “Scott” Inukai will end his expatriate assignment as senior vice president NAPIC at DENSO’s North American headquarters in Southfield, Michigan. He will return to global headquarters for a new assignment. 

North American Affiliate Leaders:

In addition to his executive officer appointment, Shinichi Nakamizo will serve as president of DENSO’s Maryville, Tennessee, operations.

Takeshi Nagasaka will end his expatriate assignment as president of DENSO’s Athens, Tennessee, facility, and return to global headquarters for a new assignment. 

Mitsuru Kato will serve as president of DENSO’s Apodaca, Nuevo Leon, Mexico facility. He will transition from his current role as head of Production Engineering Division at DENSO’s global global headquarters.

Kevin Carson will serve as president of DENSO’s Battle Creek, Michigan, Thermal facility. He will transition from his current role as vice president of Engine Cooling Module (ECM) Operations for DENSO’s TAC Business Group.

Global Personnel and Organizational Change

DENSO Corporation also announced today changes to its executive structure and management team to operate more efficiently and accelerate business execution. Changes are effective April 1, 2019.

In addition, with the increasing deployment of vehicle electrification and automated driving technologies, DENSO is helping its customers in North American and around the world quickly meet the needs of sophisticated steering and brake control systems. Thus, DENSO announced changes to its global organizational structure and its current chassis control business section will be separated from the Electric Components Business Unit and become the Chassis Control Components Business Unit. This will allow for more dedicated focus, accelerated R&D, and collaboration.

About DENSO Corporation

DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada, and Mexico. In the United States alone, DENSO employs 17,000+ employees across 12 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/.

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DENSO Announces Personnel and Organizational Changes

Press Releases

KARIYA (Japan) ― DENSO Corporation, the world’s second largest mobility supplier, today announced changes to its leadership personnel and organization effective April 1, 2019. As the auto industry continues to evolve and move toward electrification and automated driving, these internal changes support DENSO long-term vision to create and inspire new value for the future of mobility.

 

  1. Changes to the Executive Officers and Executive Fellows

To ensure the right people are in the appropriate positions during this critical time, the following changes will be effective April 1, 2019:

The following will be appointed as executive officers*:

  • Yoshinobu Tao, currently Deputy Head of Purchasing Group
  • Tatsushi Nakashima, currently Head of Gasoline Systems Business Unit
  • Kazutada Yamada, currently Director of Chubu Sales Div.
  • Shinichi Nakamizo, currently President of DENSO MEXICO
  • Yasuhisa Sakurai, currently Project Director of Global Strategy Div.
  • Atsushi Aratake, currently Head of Aftermarket Business Unit
  • Stephen Milam, currently North America Thermal Business Unit Leader

The following will resign as executive directors:

  • Bunichi Kondo
  • Jack Helmboldt
  • Shinsuke Yamaguchi

Nobuaki Kawahara will be appointed to executive fellow*. Currently, he is a Director of Advanced Research and Innovation Center.

Masato Nakagawa will resign as executive fellow.

* 1 For details on changing the executive structure, please refer to ” New Executive Structure and Management Changes ” announced on February 18, 2019.

* 2 The executive fellow position was first introduced by DENSO in 2017. Executives in this role will use their advanced expertise to lead their specialized business units and provide new value to society. This position was created based on DENSO’s policy that executives with high-level skills in a particular technology are key sources to DENSO’s competing power.”

 

  1. Organizational Change as of April 1st, 2019

With the increasing deployment of vehicle electrification and automated driving technologies, DENSO must continue to help its customers quickly meet the needs of sophisticated steering and brake control systems. Thus, its chassis control business section will be separated from the Electric Components Business Unit and become the Chassis Control Components Business Unit. This will allow for more dedicated focus and accelerated R&D and collaboration.

 

  1. Responsibility of Executives and Executive Officers as of April 1st, 2019

Executives                                  *Representative, Changes are underlined

Title Name Responsibility
*President & CEO Koji Arima
*Executive Vice President Yasushi Yamanaka Safety, Quality, Production,

Corporate Foundation Center,

DENSO ABASHIRI TEST CENTER CORP.

*Executive Vice President Hiroyuki Wakabayashi R&D Strategy, CISO (Chief Information Security Officer), Information Security Promotion Div., SOKEN,INC.
Member of the Board Haruya Maruyama
Member of the Board George Olcott (Outside Director)
Member of the Board Takashi Nawa  (Outside Director)
Executive Vice President Toshiyuki Kato Toyota, Toyota Group, Olympic and Paralympic Games Preparation Dept.
Executive Vice President Sadahiro Usui China Div., Strategy for Alliance,

Purchasing Group

Senior Executive Officer Hiroyuki Ina Electronic Systems Business Group,

Tokyo Office

Senior Executive Officer Masahiko Ito Social Solution Business Development Div., AgTech Promotion Div.,

Fleet Air-Conditioning Business Unit

Senior Executive Officer Katsuhisa Shimokawa Powertrain Systems Business Group, Korea
Member of the Board,

Senior Executive Officer

Shoji Tsuzuki Corporate Center, Information Systems Div., Engineering Digital Transformation Div.,

Audit Dept.

Senior Executive Officer Shingo Kuwamura CEO of Asia-Oceania,

DENSO INTERNATIONAL ASIA CO., LTD.

Senior Executive Officer Yoshifumi Kato Engineering Research & Development Center, Digital Innovation
Senior Executive Officer Kazuaki Fujitani Sales and Marketing Group
Senior Executive Officer Yukihiro Shinohara Electrification Systems Business Group
Senior Executive Officer Yoshitaka Kajita CEO of China
Senior Executive Officer Tomokazu Takahashi Global Strategy Center (deputy),

Managing of Japan Region Dept.

Senior Executive Officer Yasuhiro Iida Thermal Systems Business Group,

Taiwan Region, South America

Senior Executive Officer Kenichiro Ito CEO of North America,

DENSO INTERNATIONAL AMERICA, INC.

Senior Executive Officer Yasuhiko Yamazaki Production Innovation Center,

Manufacturing of Electronic Systems Business Group

Senior Executive Officer Yasushi Matsui Global Strategy Center,

Finance & Accounting Div.

Senior Executive Officer Hirotsugu Takeuchi Mobility Systems Business Group

 

Executive Officers                                         Changes are underlined

Title Name Responsibility
Executive Officer Masanori Tsuruta DENSO (CHINA) INVESTMENT CO.LTD.
Executive Officer Jiro Ebihara Electrification Systems Business Group(deputy),

Electric Components Business Unit

Executive Officer Yuji Ishizuka Sales Planning Dept., Global Sales Dept.,

Chubu Sales Div.

Executive Officer Hisaaki Sato CEO of Europe, DENSO INTERNATIONAL EUROPE B.V.
Executive Officer Hajime Kumabe J-QuAD DYNAMICS,

Advanced Mobility Systems R&D Div.,

Mechanical & Energy Eng R&D Div.,

Advanced Testing & Evalution Div.,

R&D Tokyo Administration Dept.,

Advanced Mobility Strategy Dept.

Executive Officer Keiko Shimokata Safety Health & Environment Div. (Health & Environment), Health Care Promotion Div.,

DENSO BLOSSOM Co. LTD

Executive Officer Terutaka Kageyama Sales Engineering
Executive Officer Hidehiro Yokoo Global Strategy Div. (Public Relations),

Public Relations Div., Legal Div.,

Tokyo Office (Public Relations)

Executive Officer Yutaka Yamanouchi Production Innovation Planning Div.,

Production Control Div., Facility Div.,

Core Skills Development Div.

Executive Officer Hisashi Iida AD&ADAS Business Unit
Executive Officer Marco Di Rao Marotta Thermal Systems Business of Europe,

DENSO THERMAL SYSTEMS S.p.A.

Executive Officer Sinnosuke Hayashi Electronic Systems Business Group (deputy), Mobility Systems Function Unit,

Basis Electronic Technology Unit,

DENSO CREATE INC.

Executive Officer Yasushi Mukai Exhaust Aftertreatment Systems Business Unit,

Powertrain Systems Business Planning Dept.

Executive Officer Katsuhiko Takeuchi BluE Nexus,

Electrification Systems Development Div.

 

Executive Officer Tomoyuki Arakawa Business Planning of Mobility Systems Business Group,

Mobility Systems Business Planning Dept.

Executive Officer Kazuoki Matsugatani Engineering of North America and Europe
Executive Officer Katsuhiko Sugito Machinery & Tools Div., FA Business Unit,

DENSO WAVE INC.

Executive Officer Koichi Nagaya Quality Control Div.,

Safety Health & Environment Div. (Safety)

Executive Officer Hirotaka Yato DENSO INTERNATIONAL ASIA CO., LTD.(deputy)
Executive Officer Kazuhiro Iwai Secretarial Dept., Human Resources Div., General Admin. Div., Plant General Administration, OMOTENASHI Promoting Dept.
Executive Officer Hiroshi Kondo Electronics Business Unit
Executive Officer Seiji Maeda Motor Business Unit
Executive Officer Eiji Inoue Air-Conditioning Business Unit,

Thermal Systems Product Planning Div.,

Thermal Systems Electronics R&D Div.,

Thermal Management Business Unit

Executive Officer Yoshinobu Tao Purchasing Group(deputy)
Executive Officer Tatsushi Nakashima Gasoline Systems Business Unit, Powertrain Systems Development Div.
Executive Officer Kazutada Yamada Tokyo Sales Div.
Executive Officer Shinichi Nakamizo Manufacturing of North America,

DENSO MANUFACTURING TENNESSEE, INC.

Executive Officer Yasuhisa Sakurai Global Strategy Center (Toyota Group),

Strategy development Dept.

Executive Officer Atsushi Aratake Automotive Solutions Div.,

Customer Service Div.

Executive Officer Stephen Milam Corporate, Powertrain Systems Business and Electrification Systems Business of North America

 

 

About DENSO
DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today, including Toyota, Honda, FCA, GM, Ford, Volvo, and Mercedes-Benz. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global

In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,000+ employees across 12 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/

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DENSO Announces New Executive Structure and Management Changes

Press Releases

KARIYA, JapanFeb. 18, 2019 /PRNewswire/ — DENSO Corporation today announced changes to its executive management structure and personnel. As the auto industry continues to evolve more rapidly than ever, these changes will help DENSO achieve its long-term vision to create and inspire new value for the future of mobility. The new executive structure and management updates will help the world’s second largest mobility supplier operate more efficiently and accelerate its decision-making process.

Specifically, DENSO reduced the number of members on its Board of Directors, delegated authority to execute, and reorganized structure so it can increase operational efficiency and better leverage employees’ strengths. DENSO will also reshuffle its executive management structure and personnel.

“Amid this shift in our industry, DENSO must work together to streamline our internal structure while speeding up our management and execution process in order to bring a better future to as many people as possible,” said President and CEO Koji Arima.

1.    Changes to the Executive Management Structure
DENSO’s Board of Directors decided to change its executive management structure, effective April 1, 2019. For more rapid managerial decision-making and increased operational efficiency, DENSO reduced the executive management team from 55 to 28, which will now consist of the following titles:

  • Chairman
  • President and CEO
  • Executive Vice President
  • Member of the Board
  • Senior Executive Director
  • Audit & Supervisory Board Member

The title of Senior Executive Director will be renamed to “Executive Officer,” and these executives will manage their respective sections as well as address the business issues faced by DENSO. The title of Executive Director will be renamed to “Senior Officer,” and those in the post are required to serve as frontline managers to make decisions quickly on site while exercising their authority over their areas of responsibility.

2. Changes to Executive Management 
To ensure the right people are currently in the appropriate positions, DENSO’s Board of Directors reshuffled its executive management, effective March 1, 2019, and April 1, 2019.

Kazumasa Kimura will resign as executive director as of March 1, 2019. He will be appointed managing executive officer of Toyota Tsusho Corporation.

The following management changes will be effective April 1, 2019:

  • Sadahiro Usui will be appointed as executive vice president.
  • Haruya Maruyama will resign as executive vice president.

The following will be appointed as executive officers:

  • Tomokazu Takahashi, currently a senior executive director, member of the board of JTEKT Corporation
  • Yasuhiro Iida, currently an executive director
  • Kenichiro Ito, currently an executive director
  • Yasuhiko Yamazaki, currently an executive director
  • Yasushi Matsui, currently an executive director
  • Hirotsugu Takeuchi, currently an executive director

Yukihiro Kato will resign as senior executive director.

3.    Executive Management as of April. 1st, 2019 

Member of the Board

*Representative, **Outside

Title

Name

President & CEO*

Koji Arima

Executive Vice President*

Yasushi Yamanaka

Executive Vice President*

Hiroyuki Wakabayashi

Member of the Board,

Executive Officer

Shoji Tsuzuki

Member of the Board

Haruya Maruyama

Member of the Board**

George Olcott

Member of the Board**

Takashi Nawa

 

Executive Vice President

* Member of the Board, • Newly-appointed

Title

Name

Executive Vice President*

Yasushi Yamanaka

Executive Vice President*

Hiroyuki Wakabayashi

Executive Vice President

Toshiyuki Kato

Executive Vice President

Sadahiro Usui

 

Audit & Supervisory Board Member

*Outside

Title

Name

Audit & Supervisory

Board Member

 Atsuhiko Shimmura

Audit & Supervisory

Board Member

Motomi Niwa

Audit & Supervisory

Board Member*

Moritaka Yoshida

Audit & Supervisory

Board Member*

Toshimichi Kondo

Audit & Supervisory

Board Member*

 Noriyuki Matsushima

 

Executive Officer

* Member of the Board, • Newly-appointed

Title

Name

Executive Officer

Hiroyuki Ina

Executive Officer

Masahiko Ito 

Executive Officer

Katsuhisa Shimokawa

Executive Officer*

Shoji Tsuzuki

Executive Officer

Shingo Kuwamura

Executive Officer

Yoshifumi Kato

Executive Officer

Kazuaki Fujitani

Executive Officer

Yukihiro Shinohara

Executive Officer

Yoshitaka Kajita

Executive Officer

Tomokazu Takahashi

Executive Officer

Yasuhiro Iida

Executive Officer

Kenichiro Ito

Executive Officer

Yasuhiko Yamazaki

Executive Officer

Yasushi Matsui

Executive Officer

Hirotsugu Takeuchi

 

About DENSO
DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canadaand Mexico. In the United States alone, DENSO employs 17,000+ employees across 12 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/.

SOURCE DENSO

Related Links

http://www.densocorp-na.com

 

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DENSO Announces North American Organizational Changes to Strengthen R&D Strategy

NA NewsPress Releases

SOUTHFIELD, Michigan – To achieve its long-term vision to craft the core technologies for the future of mobility, DENSO, the world’s second largest mobility supplier, has shifted its company direction to expand into software-based solutions, in addition to its hardware expertise, and develop advanced technologies to guide the future of mobility. To that end, DENSO has realigned its organizational structure in North America to accelerate and strengthen business execution, research and development (R&D), collaboration, and other efficiencies.

Today, DENSO announced specific organizational changes for its North American regional headquarters (DIAM) that will help the company achieve success and provide value to customers, consumers, partners, employees, and all other stakeholders:

  • Connected Services Department. This newly created department in North America, led by senior vice president Norihito Tanahashi, will advance DENSO’s focus on automated and connected driving. The business will collaborate with Mobility Systems Business Group and DENSO TEN to combine the strengths and expertise of the companies.
  • North American Production & Innovation Center Division’s New R&D Department.
    DENSO is broadening its production R&D capabilities outside of Japan to expedite innovation for advanced production systems. John Baciak is the director of the R&D Department at DENSO’s Southfield, Mich. (DIAM) location.
  • Product Group, Engineering Division. DENSO has changed, combined and/or consolidated several departments to strengthen its core engineering services:
    • Comfort R&D led by Rob Brinker, director
    • Energy Efficiency R&D led by Sergio Pujols, director
    • Thermal Planning, Program Management Office led by Tim Roland, director

Last month, DENSO’s global headquarters announced changes to the global organization and executive responsibility that will further strengthen its solutions in automated and connected driving, create new thermal and powertrain systems and products, and promote professional development and information security within DENSO.

“Throughout DENSO’s 70 years, we’ve worked hard to reinvent our solutions and maintain a leadership role in the auto industry. We’ve learned that a big part of innovation is change,” said Kenichiro Ito, CEO of DENSO International America, Inc. “Our industry is undergoing drastic change. This is a critical time for our customers, and to remain competitive and ensure our success as we enter a future of electrification and automated driving, we must be focused on finding new value. We will continue to evaluate our organizational structure, our executive roles, and locations for R&D labs that will allow us to quickly and efficiently reshape the future of mobility.”

As part of its advanced R&D strategy, DENSO recently announced the opening of its Montréal Innovation Lab in Canada, which will focus on innovations in advanced technology like artificial intelligence (AI). DENSO continues to invest in its North American operations to best serve its customers. It selects cities to establish its satellite R&D labs based on strong talent pools, emerging tech scenes and proximity to universities and consortiums.

 

About DENSO

DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,000+ employees across 12 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/.

 

 

DENSO to Showcase Mobility Solutions at 2019 North American International Auto Show

NA NewsPress Releases

SOUTHFIELD, Michigan (January 9, 2019) – DENSO, the world’s second largest mobility supplier, together with its startup partners, will demonstrate the future of mobility at the North American International Auto Show (NAIAS) in Detroit, Michigan, from January 19-27, 2019. The company will host a press conference at its booth on January 15 at 12:20 p.m. EST.

At NAIAS, DENSO will highlight its long term commitment to help create the future of mobility and associated push into software-based solutions and connectivity. As the industry rapidly moves toward automated driving, electrification and shared mobility, DENSO continues to invest heavily in R&D to speed up the pace of innovation.

At DENSO’s booth, visitors will experience first-hand some of the solutions paving the way for the future of transportation and mobility:

  • Oculus Rift VR Connected Driving Demo: Attendees will drive a connected car using an Oculus Rift virtual reality headset and experience the improved vehicle efficiency, safety and ease as if they’re in the cockpit.
  • Oculus Rift VR Autonomous Driving Demo: DENSO will display and explain how its sensors enable improved safety, next-generation V2X, human machine interface (HMI) and driver status monitoring technology for self-driving and autonomous vehicles, taking over the tasks of seeing, thinking and doing from drivers.
  • Powering Future Electric Vehicles & Shared Mobility: As vehicles become largely powered by renewable energy, electric batteries and fuel cells, visitors will see how DENSO inverters and other technologies will make electric vehicles more viable. DENSO will also showcase an example of what shared mobility could look like in the future.

“In our 15th consecutive year at NAIAS, attendees may take note that DENSO is showing up a little differently,” said Bill Foy, senior vice president of engineering at DENSO International America. “The auto industry is evolving at a rapid pace and we’re excited to showcase some of the recent changes and investments we’ve made as a company to increase the speed of innovation and help create the future of mobility.”

As part of its push to accelerate adoption of mobility solutions, DENSO has invested nearly $100 million in startups around the world working on technologies and solutions central to that effort. Some of the startups will join DENSO at its booth:

  • Thinci™ will demonstrate its Graph Streaming Processor™, Autonomous Driving Suite™, and Plug & Code AI Platform™.
  • Canatu will display smart 3D shaped touch surfaces for car interiors, reducing driver distraction and the new 3D shaped heating solutions enabling autonomous driving in any weather.

Leading DENSO International America Inc. (DIAM) executives will hold a press conference at DENSO’s booth on January 15 at 12:20 p.m. EST to discuss the company’s new vision for the future of mobility and further strategic investments to support it.

 

About DENSO

DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,000+ employees across 12 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/.

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DENSO Merges Three Subsidiaries to Form DENSO Solution

Press Releases

KARIYA (Japan) ― DENSO Corporation, the world’s second largest mobility supplier, today announced that DENSO Sales Japan Corporation, a subsidiary of DENSO Corporation; DENSO Ten Sales Limited and DENSO Ten Service Limited, subsidiaries of DENSO Ten Limited, will merge to form a new company called DENSO Solution Japan Corporation on April 1, 2019.

With the rapid progress of vehicle electrification and automated driving within the auto industry, DENSO has previously announced several organizational changes to increase competitiveness.  The formation of DENSO Solution will create high value-add with new products and services in the automotive aftermarket. The realignment of DENSO’s global organizational structure was done to accelerate business execution, R&D, collaboration, and other efficiencies during major industry change.

DENSO is combining DENSO Sales, DENSO Ten Sales, and DENSO Ten Service into a single organization to efficiently expand DENSO’s automotive aftermarket business. DENSO Solution will maximize a group-wide synergy through the three subsidiaries long-standing sales and service networks throughout Japan and their product planning capabilities in the fields of aftermarket products and accessories, including those for fleet (commercial) vehicles.

The integrated company will expand DENSO’s aftermarket business through increased cooperation between DENSO and DENSO Ten to provide new products and services for car safety and security, connected driving, and other applications, which are expected to be in greater demand, and thereby better serve their global customer base.

Profile of Integrated Company

1. Name : DENSO Solution Japan Corporation
2. Head office location : 2-15-13 Shoutou, Shibuya-ku, Tokyo, Japan (the current head office of DENSO Sales Japan Corporation)
3. Establishment : April 1, 2019
4. Capital : 175 million yen
5. Ownership   100% owned by DENSO
6. Employees   Approx. 2,100 (as of April 2019)
7. Business description   Sales and services (installation, maintenance, and repair) of products, repair parts, and accessories including those for fleet vehicles, mainly those provided by DENSO and DENSO Ten, in the Japanese automotive aftermarket, and non-automotive products (housing equipment and F&O* products)

* Factory and Office

 

Reference

Profile of DENSO Sales

1. Name : DENSO Sales Japan Corporation,
2. Head office location : 2-15-13 Shoutou, Shibuya-ku, Tokyo, Japan
3. President : Yukihiko Murakami
4. Establishment   April 2012
5. Capital : 175 million yen
6. Ownership   100% owned by DENSO
7. Employees   1,924 (as of March 2018)
8. Business description   Sales, repair, and other services of DENSO products

 

Profile of DENSO Ten Sales

1. Name : DENSO Ten Sales Limited
2. Head office location : 1-2-28 Gosho-dori, Hyogo-ku, Kobe, Hyogo, Japan
3. President : Hirohiko Sato
4. Establishment   April 2012
5. Capital : 90 million yen
6. Ownership   100% owned by DENSO
7. Employees   196 (as of March 2018)
8. Business description   Sales, maintenance, and other services of automotive electronic and communication devices

 

Profile of DENSO Ten Service

1. Name : DENSO Ten Service Limited
2. Head office location : 1-2-28 Gosho-dori, Hyogo-ku, Kobe, Hyogo, Japan
3. President : Hiraki Morishita
4. Establishment   April 2010
5. Capital : 20 million yen
6. Ownership   100% owned by DENSO
7. Employees   5 (as of March 2018)
8. Business description   Installation, maintenance, and other services of automotive electronic products and technology survey and development support to create new systems

 

 

 

About DENSO
DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today, including Toyota, Honda, FCA, GM, Ford, Volvo, and Mercedes-Benz. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global

In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,000+ employees across 12 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/

 

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DENSO and Dellfer to Protect Cybersecurity for Connected Cars from the Inside Out

NA NewsPress Releases

San Francisco, CA, January 3, 2019 – The world’s second-largest mobility supplier DENSO and Dellfer, a cybersecurity company, have entered into a Joint Development Agreement (JDA) to bring  ZeroDayGuard 1.0, a cyber security product to market for the automotive industry. The partnership aims to introduce a new way for automotive manufacturers to protect their customers and drivers from increased vulnerabilities associated with connected and autonomous vehicles.

ZeroDayGuard is Dellfer’s IoT cybersecurity solution that prevents zero-day cyberattacks on IoT devices through built-in code execution protection. It is enabled with one operation in the development of IoT device code, and subsequently can instantaneously detect root cause hacks and cyberattacks remotely in the cloud. Dellfer’s solution approach does not use signatures or machine learning to thwart attacks, but an inside out rapid instrumentation to increase immediate precision and virtually eliminate the false positive problem that plagues many cybersecurity solutions.

“We are excited to be working with Dellfer to protect our automotive electronic control units,” said Tony Cannestra, director of corporate ventures at DENSO. “As we continue to increase performance in the fields of connectivity and automated driving, solutions like ZeroDayGuard become essential for a vehicle’s security against cyber attacks. Our JDA with Dellfer represents a big step in advancing the new era of autonomous driving technology.”

Dellfer and DENSO are demonstrating ZeroDayGuard at CES 2019 in Las Vegas (North Hall, booth #4619) next week.

“We are looking forward to bring ZeroDayGuard to the connected car market through our partnership with DENSO,” said Dellfer founder and CEO James Blaisdell. “All IoT connected devices, including cars, have the challenge of preventing advanced hacks and cyberattacks. ZeroDayGuard will enable connected car suppliers and manufacturers to prevent and instantaneously see never witnessed (“zero-day”) attacks, as well as enable fixes to the underlying code vulnerabilities quickly.”

About DENSO

DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,000+ employees across 12 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/.

About Dellfer

Dellfer enables product manufacturers to reliably secure their cloud and IoT connected products from zero-day hacking or advanced cyberattacks. Focusing on the automotive cybersecurity and other IoT markets, Dellfer offers ZeroDayGuard, the first execution integrity monitoring solution that can be added at compile-time easily within seconds.

ZeroDayGuard can prevent zero-day attacks against unknown vulnerabilities and instantaneously alert manufacturers or device makers to attempted and thwarted hacking events in seconds. More information about Dellfer and ZeroDayGuard are available at www.dellfer.com.

 

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DENSO Announces Changes of Organization and Executive Responsibility

Press ReleasesSenior Management Announcement

KARIYA (Japan) ― DENSO Corporation today announced that it will change its organization and Executive Responsibility on January 1, 2019.

The auto industry has been undergoing a once-in-a-century paradigm shift due to electrification, automated driving, and connected driving. To cope with the paradigm shift quickly, DENSO will review its organization to increase its competitiveness. The major changes are as follows:

I: Changes of Organization

  1. Strengthening the organization for automated driving and connected driving

(1) Reorganization of the Mobility Systems Function Unit

To accelerate development from the viewpoint of vehicle systems in automated driving and connected driving, the Mobility Systems Function Unit will be reorganized, and the Mobility Systems Planning Div., in charge of business strategy and the Mobility Systems R&D Div., in charge of technology development will be newly established.

(2) Integration of the connected service business to DENSO TEN

To strengthen the connected service business for fleet vehicles, DENSO’s service business for trucks, buses, and leased vehicles will be integrated with DENSO TEN’s service business for commercial vehicles, mainly taxis, to expand the business by combining the strengths and expertise of the two companies. Thus, the business of the Connected Service Business Promotion Div. will be integrated with DENSO TEN.

  1. Strengthening the capability to propose systems/products

(1) Reorganization of the Thermal Systems Business Group

① To meet customers’ needs flexibly and promptly, the Thermal Systems Product Planning Div. will be newly established.

② To strengthen the thermal management business that is essential for promoting electrification, the thermal management products will be consolidated, and the Thermal Management Business Unit will be newly established.

(2) Reorganization of the Powertrain Systems Business Group

Diesel engine regulations have been tightened in respective countries, and needs for powertrains have been diversifying in different countries and regions. To meet customers’ needs for internal combustion engines more precisely, the Powertrain Systems Business Group will be reorganized.

(3) Establishment of the CV&OH Div.

To consolidate the sales functions distributed for each country and route and to strengthen the capability to propose products, the CV&OH Div., will be newly established to undertake the commercial vehicle and agriculture and construction equipment business.

(4) Rename the Social Solution Business Development Div.

To create new businesses for solving social issues and define the role of the organization to incubate projects to a business phase, the New Business Unit will be renamed the Social Solution Business Development Div.

  1. Strengthening the function

(1) Establishment of the Core Skills Development Div.

To promptly cope with changes in specialized fields due to business innovation, DENSO E&TS Training Center Corp. will be subject to an absorption-type merger. The manufacturing and technology section will also be consolidated, and the Core Skills Development Div. will be newly established.

(2) Enhancement of the information security function

To further strengthen the information security organization including the group companies in and outside Japan, the Information Security Promotion Dept. will be upgraded to the Information Security Promotion Div.

Changes of Executive Responsibility

The following change will be effective January 1, 2019

Title

Name

New Current
Executive Vice President

Hiroyuki Wakabayashi

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

SOKEN,INC.

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

Masahiko Ito

Social Solution Business Development Div.,

AgTech Business Development Div.

Fleet Air-Conditioning Business Unit

New Business,

AgTech Business Development Div., Fleet Air-Conditioning Business Unit

Executive Directors

Masanori Tsuruta

Engineering of China Sensor & Semiconductor Business Unit
Executive Directors

Yuji Ishizuka

Sales Planning Dept.

Global Sales Dept.

Sales and Marketing of Europe
Executive Directors

Hirotsugu Takeuchi

Cockpit Systems Business Unit,

Thermal Systems Advanced R&D Div.

Cockpit Systems Business Unit, Thermal Systems R&D Function Unit
Executive Directors

Yutaka Yamanouchi

Production Innovation Planning Div., Production Control Div., Facility Div.,

Core Skills Development Div.

Production Innovation Planning Div.,

Production Control Div., Facility Div.,

DENSO E&TS TRAINING CENTER CORP.

Executive Directors

Yasushi Mukai

Gasoline Systems Business Unit,

Exhaust Aftertreatment Systems Business Unit

Powertrain Systems Business Planning Dept.

Engine Components Business Unit, Powertrain Systems Business Planning Dept.
Executive Directors

Katsuhiko Takeuchi

e-Drive Module & Application Company Preparation Dept. Engine Systems Business Unit,

Powertrain Systems Development Div.

Executive Directors

Eiji Inoue

Air-Conditioning Business Unit, Thermal Systems Product Planning Div., Thermal Systems Electronics R&D Div. Thermal Management Business Unit Air-Conditioning Business Unit

Changes are underlined

 

About DENSO
DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today, including Toyota, Honda, FCA, GM, Ford, Volvo, and Mercedes-Benz. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global

In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,000+ employees across 11 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/

 

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DENSO and Inforum to Host Networking Reception at CES 2019 to Support Diversity & Inclusion

NA NewsPress Releases

Southfield, MI (December 21, 2018) – Lucrative jobs in STEM-related fields are projected to increase by 17 percent by 2024. However, just 18 percent of American computer-science college degrees go to women and only 14 percent of engineers in today’s workforce are female. To connect talented businesswomen and men in automotive and other tech-reliant sectors, DENSO, the world’s second largest mobility supplier, and Inforum, a nonprofit dedicated to accelerating the careers of women and building talent initiatives at companies, are partnering to host the “Women of Inforum@CES” event  at the 2019 Consumer Electronics Show (CES)  in Las Vegas, Nevada, on January 9, 2019.

“DENSO remains committed to advancing diversity and inclusion within the automotive technology and mobility space. Having a diverse workforce enables greater innovative thinking, brings different perspectives to the decision-making process and accelerates the pace of R&D,” said Kara Grasso, vice president of DENSO International America, Inc. “As our industry evolves, the need for talented workers in STEM-related fields will continue to increase, and we’re thrilled to partner with Inforum to offer this opportunity for so many passionate, tech-focused professionals to connect at CES.”

Created in 1962 and originally known as the Women’s Economic Club, Inforum aims to help women advance in the workplace through education, networking, support and speaking opportunities. The 501(c)(3) educational and charitable nonprofit has over 25 affinity groups around Southeast and West Michigan where women can meet and build connections. At the event, corporate partners and members of Inforum and its AutomotiveNEXT Executive Committee, along with others who are invested in building the best talent pipelines and fostering workplace cultures that value diversity and inclusion, will be in attendance.

“We work tirelessly to elevate women’s careers and help create focused industry groups in growing and rewarding fields, such as automotive, technology, healthcare and manufacturing. Because of this, it’s a natural fit for us to be at CES, and we look forward to connecting with women and men from all over the world at one of the most highly anticipated conferences of the year,” said Terry Barclay, president and CEO of Inforum.

Those interested in attending the Women of Inforum@CES event can RSVP by emailing clhutton@inforummichigan.org. The event will be held on Wednesday, January 9, 2019, from 4 p.m.-6 p.m. in DENSO’s booth (#4619) in the North Hall. Hors d’oeuvres and drinks will be provided. DENSO will also be showcasing the future of mobility through advanced automotive technologies at CES from January 8-11, 2019.

About DENSO

DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,000+ employees across 11 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/.

About Inforum

Inforum combines strategic connections, proven professional development programs, a respected forum for new ideas, and original research to accelerate careers for women and boost talent initiatives for companies. For more information, go to www.InforumMichigan.org.

 

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DENSO to Showcase Future of Mobility at CES 2019

NA NewsPress Releases

KARIYA (Japan), December 20, 2018 – DENSO Corporation, the world’s second largest mobility supplier, along with some of the startup companies it’s backing, will be showcasing the future of mobility through its latest technology solutions at the Consumer Electronics Show (CES) in Las Vegas, Nevada, North Hall, booth #4619, from January 8-11, 2019.

At the show, DENSO plans to feature the latest in automated driving and connected technology as part of its long-term commitment to help create the future of mobility. The technologies on display – from cybersecurity applications to cloud technology connecting vehicles to outside networks to carsharing features and more – further support the company’s recent push into software-based solutions to complement its hardware expertise. They also represent the breadth and depth of technical areas DENSO is exploring and advancing to enhance safety and reduce environmental impact in the ever-changing mobility landscape.

“Automotive is at a pivotal moment in which traditional products and parts are evolving and cloud computing, artificial intelligence and V2X are the future,” said Bill Foy, senior vice president, Engineering, DENSO International America. “We’re excited to be attending this year’s CES conference to showcase the software solutions and technologies positioned to disrupt the industry and shape the future of mobility.”

At its booth, DENSO will have a simulator that enables visitors to experience the future of mobility first-hand. Some of the products and solutions on display include:

  • An in-vehicle edge computer to connect the host vehicle to cloud-based services and share vehicle information;
  • Blockchain technology to help protect against cybersecurity threats;
  • Delivery services leveraging secure mobility management solutions;
  • Driver status monitors;
  • Telematics terminals for fleet management, and more.

In addition, DENSO will be joined at its booth by five of the startup companies it has backed as part of its long-term vision to accelerate innovation in electrification, automated driving, connectivity and the shared economy. The company has invested nearly $100 million in startups around the world, building a strong partner ecosystem – in and outside of automotive.

DENSO-backed partners will demo the following solutions at the company’s CES booth:

  • Dellfer will demonstrate a live cyberattack, generate an instantaneous alert on it in the cloud, and stop the attack from progressing further.
  • Metawave will show video of its van demo occurring at CES, which highlights the company’s advanced automotive radar and AI platform that classifies and distinguishes between autos, bicycles, pedestrians, and other objects at long ranges.
  • Thinci™ will demonstrate its Graph Streaming Processor™, Autonomous Driving Suite™, and Plug & Code AI Platform™.
  • Canatu will display smart 3D shaped touch surfaces for car interiors, reducing driver distraction and the new 3D shaped heating solutions enabling autonomous driving in any weather.
  • Ridecell will showcase the features of a free-floating car sharing service, showing the full lifecycle of a rental, from back-office to actual vehicle, including the ability to remotely lock and unlock a carsharing vehicle.

About DENSO

DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,000+ employees across 11 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/.

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DENSO Takes a Stake in Infineon Technologies

Press Releases

KARIYA (Japan) ― DENSO Corporation, the world’s second largest mobility supplier, today announced it has taken a stake in Infineon Technologies AG, one of top manufacturer of in-vehicle semiconductor products, to accelerate the development of technology to achieve next-generation vehicle systems such as automated driving. With the investment, Infineon Technologies’ advanced semiconductor technologies will be combined with DENSO’s in-vehicle technologies and expertise to accelerate the development of new and emerging mobility solutions.

Due to increased functionality of vehicles and advanced electronic control, the demand for semiconductor products is growing exponentially. Next-generation vehicle systems required for widespread automated driving, electrification, and connected cars are continuously becoming more sophisticated and require more advanced technology. To enhance in-vehicle semiconductor product development, DENSO has been collaborating with semiconductor manufacturers, like Infineon Technologies, that have profound expertise in the space.

Founded in 1999, Infineon Technologies creates and manufactures cutting-edge technologies, including microcomputers for control applications, and semiconductor sensors and products for electrified vehicles. The company also has a successful track record in mass production.

DENSO’s long-term commitment to mobility, especially in the areas of automated driving, connected cars and electrification, will enhance and accelerate the development of hardware and software-based solutions in the fields of safety and environmental protection. By partnering with Infineon Technologies and other companies both in and out of the automotive industry, DENSO continues to add value to the future of mobility for its customers and for all of society. 

Profile of Infineon Technologies AG

1. Name: Infineon Technologies AG
2. Establishment: April 1999
3. Location: Munich, Germany
4. CEO: Reinhard Ploss
5. Employees: About 40,100
6. Business description: Designing, developing, manufacturing, and selling semiconductor products for automotive and industrial applications, and offering system solutions

 

About DENSO
DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today, including Toyota, Honda, FCA, GM, Ford, Volvo, and Mercedes-Benz. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global

In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,000+ employees across 11 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/

 

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Notice Regarding Acquisition of Own Shares and Tender Offer for Repurchase of Own Shares

Press Releases

Kariya (Japan) ― DENSO corporation (“the Company”) hereby provides notice that it resolved to conduct a tender offer for the repurchase of its own shares at a meeting of the Board of Directors on October 31, 2018, as outlined below, using the acquisition method specified under Article 156, Paragraph 1 of the Companies Act (No.86 of 2005, including its amendments in the later eras), as applied pursuant to the provisions of Article 165, Paragraph 3 of the same Act, and the provisions of the Company’s Articles of Incorporation.

. Acquisition of Own Shares

  1. Purpose of the stock purchase

The purchase of the stock will increase returns to shareholders and improve capital efficiency.

  1. Contents of acquisition

(1) Type of shares to be purchased: Common stock

(2) Total number of shares to be purchased: Up to 6,000,000 shares (0.76 percent of total outstanding shares)

(3) Total cost of the purchase: Up to 30,000 million yen

(4) Acquisition period:  November 1, 2018 to March 31, 2019

(5) Method of acquisition:  Regarding 3,600,000 shares out of the total numbers of shares to be purchased, it is corresponded to the anticipated number of shares to be purchased shown in “Ⅱ. Tender Offer for Repurchase of Own Shares” and to be acquired by the tender offer. Rest of the shares are to be acquired by way of open market purchase.

. Tender Offer for Repurchase of Own Shares

  1. Purpose of tender offer

The Company will continue to raise dividends payment sustainably with taking into accounts its consolidated results, consolidated dividend payout ratio, and dividend amount. Therefore, the Company makes efforts to develop management bases for adapting to environmental changes flexibly and improve consolidated results. The Company’s Articles of Incorporation prescribe that the Company can pay dividend by resolving not only at a shareholders meeting but also at a meeting of the Board of Directors, under the provision of Article 459 of the Companies Act, and the Company appropriates its internal reserve for capital investment, research and development expenses, and repurchase of own shares for shareholders returns.

The Company’s Articles of Incorporation also prescribe that the Company can repurchase its own shares by resolving at a meeting of the Board of Directors, under the provision of Article 165, Paragraph 2 of the Companies Act, so that the Company can promote shareholders returns, enhance capital efficiency, and execute capital policies for adapting to environmental changes more flexibly.

The Company considered various options regarding the specific method for returns to shareholders based on its capital policies described above. At the beggining of September 2018, from the view point of being able to acquire considerable number of its own shares in relatively short terms without losing capital efficiency if the Company repurchase its own shares from a large shareholder, the Company started to examine repurchasing its own shares from Mitsui Sumitomo Insurance Company, Limited (“Mitsui Sumitomo Insurance”), who is the 10th shareholder of the Company, which holds 9,543,600 of the Company’s common shares as of September 30, 2018, and its shareholding represents 1.20% (rounded to two decimal places; the same applies hereafter in calculating the percentage of the total number of issued shares.) of all the Company’s issued shares, 794,068,713, and Tokio Marine & Nichido Fire Insurance Company, Ltd. (“Tokio Marine & Nichido Fire Insurance”; collectively, together with Mitsui Sumitomo Insurance, the “Tendering Shareholders”), who is the 36th shareholder of the Company, which holds 2,832,949, and its shareholding represents 0.36%.

At the middle of September 2018, the Company concluded that the method of a tender offer would ensure an opportunity for shareholders to tender their shares while watching the trend in the market price during the prescribed offer period (hereinafter referred to as the “tender offer period”), was the most suitable from the viewpoint of both the equitable treatment of shareholders and the transparency of the transactions. When deciding on the purchase price for the tender offer (referred to as the “tender offer price” hereafter), the Company also concluded that it would be desirable to conduct a tender offer at a price representing a certain discount to the market price. The tender offer price is based on the market price, with a focus on ensuring the precision and objectivity of the criteria used to determine the tender offer price and with a view towards setting a tender offer price that is below the market price in order to stem the outflow of assets from the Company, to the extent possible, from the perspective of respecting the interests of shareholders who will continue to hold the Company’s common shares. Thus, at the middle of September 2018, the Company communicated with Tendering Shareholders regarding the implementation of the tender offer, in which the tender offer price represented a discount of around 3% versus the closing price on October 30, 2018 or average of closing prices on past one month (from September 30, 2018 to October 30, 2018) of the Company’s common shares on the First Section of the Tokyo Stock Exchange.

At the middle of September 2018, the Company asked Tendering Shareholders if they would apply for tender offer based on the conditions above. As a result, at the end of September 2018, the Company received answers from Mitsui Sumitomo Insurance that they would apply 2,120,000 of the Company’s common shares (0.27% of total number of issued shares), which was a part of 9,543,600 shares (1.20% of total number of issued shares) which Mitsui Sumitomo Insurance holds, and from Tokio Marine & Nichido Fire Insurance that they would apply 1,130,000 of the Company’s common shares (0.14% of total number of issued shares), which was a part of 2,832,949 shares (0.36% of total number of issued shares) which Tokio Marine & Nichido Fire Insurance holds.

After examining and determining the above issues, the Company resolved to conduct the tender offer for repurchasing its own shares, using the acquisition method specified under Article 156, Paragraph 1 of the Companies Act, as applied pursuant to the provisions of Article 165, Paragraph 3 of the same Act, and the provisions of the Company’s Articles of Incorporation, and set a tender offer price of 4,748 yen (rounded to the nearest yen; the same applies hereafter in calculating the tender offer price.) by applying a discount of 3.00% to the 4,895 yen, which is the closing price for the Company’s common shares on the First Section of the Tokyo Stock Exchange on October 30, 2018, the business day before the meeting of the Board of Directors held on October 31, 2018. Also, in order to provide an opportunity for other shareholders exclude Tendering Shareholders to tender their shares, the Company set a maximum limit of 3,600,000 (0.45% of the total number of issued shares) on the number of shares the Company intends to purchase.

Regarding a source of funds, the Company plans to appropriate initial resources for repurchasing own shares. The Company holds 687,882 million yen as a short-term liquidity (cash and cash equivalents) on a consolidated basis as of September 30, 2018, which is enough to keep high liquidity, and a specific sum of cash-flow by business enterprise is expected to be accumulated additionally. Therefore, the Company considers it is able to keep financial soundness and safety even after tender offer.

Furthermore, the Company received explanations from Mitsui Sumitomo Insurance that it is Mitsui Sumitomo Insurance’s policy at present, to hold 7,423,600 of the Company’s common shares (0.93% of the total shares issued), and from Tokio Marine & Nichido Fire Insurance that it is Tokio Marine & Nichido Fire Insurance’s policy at present, to hold 1,702,949 of the Company’s common shares (0.21% of the total shares issued).

The Company has no plans for the disposition regards to the portion of Company shares acquired as a result of the tender offer at present.

  1. Outline of tender offer

(1) Timetable

(A) Board of Directors resolution Wednesday, October 31, 2018
(B) Date of tender offer commencement notice Thursday, November 1, 2018

Notices will be posted electronically, and a notice to this effect will be published in the Nihon Keizai Shimbun.

 

Electronic notice address:

http://disclosure.edinet-fsa.go.jp/

(C) Tender offer registration statement submission date Thursday, November 1, 2018
(D) Tender offer period Thursday, November 1, 2018

To Thursday, November 29, 2018(20 business days)

 

(2) Tender offer price

4,748 yen per common share

(3) Basis for calculating the tender offer price

(A) Calculation basis

When deciding on the purchase tender offer price, the Company concluded that it would be desirable to conduct a tender offer at a price representing a certain discount to the market price with a focus on ensuring the precision and objectivity of the criteria used to determine the tender offer price and with a view towards setting a tender offer price that is below the market price in order to stem the outflow of assets from the Company, to the extent possible, from the perspective of respecting the interests of shareholders who will continue to hold the Company’s common shares. Thus, the Company decided to communicate with Tendering Shareholders regarding the implementation of the tender offer, in which the tender offer price represented a discount of around 3% versus the closing price on October 30, 2018 or average of closing prices on past one month of the Company’s common shares on the First Section of the Tokyo Stock Exchange. At the middle of September 2018, the Company asked Tendering Shareholders if they would apply for tender offer based on the conditions above. As a result, at the end of September 2018, the Company received answers from Mitsui Sumitomo Insurance that they would apply 2,120,000 of the Company’s common shares (0.27% of total number of issued shares), which was a part of 9,543,600 shares (1.20% of total number of issued shares) which Mitsui Sumitomo Insurance holds, and from Tokio Marine & Nichido Fire Insurance that they would apply 1,130,000 of the Company’s common shares (0.14% of total number of issued shares), which was a part of 2,832,949 shares (0.36% of total number of issued shares) which Tokio Marine & Nichido Fire Insurance holds.

After examining the above issues, the Company resolved to set a tender offer price of 4,748 yen by applying a discount of 3.00% to the 4,895 yen, which is the closing price for the Company’s common shares on the First Section of the Tokyo Stock Exchange on October 30, 2018, the business day before the meeting of the Board of Directors held on October 31, 2018.

Please note that the tender offer price of 4,748 yen represents a discount of 3.00% (rounded to the second decimal place; the same applies hereafter in calculating the percentage of discount price.) on the closing price of the Company’s common shares of 4,895 yen on the business day before October 31, 2018 (October 30, 2018), the date of the Board of Directors resolution on the tender offer; a discount of 10.65% on the simple average of the closing prices for the Company’s common shares over the one-month period ending October 30, 2018 of 5,314 yen (rounded to the first decimal place; the same applies hereafter in calculating the simple average of the closing prices.), and a discount of 12.12% on the simple average of the closing prices for the Company’s common shares over the three-month period ending October 30, 2018 of 5,403 yen on the First Section of the Tokyo Stock Exchange.

(B)Background for Calculation

The Company will continue to raise dividends payment sustainably with taking into accounts its consolidated results, consolidated dividend payout ratio, and dividend amount. Therefore, the Company makes efforts to develop management bases for adapting to environmental changes flexibly and improve consolidated results.

The Company considered various options regarding the specific method for returns to shareholders based on its capital policies described above. At the beginning of September 2018, from the view point of being able to acquire considerable number of its own shares in relatively short terms without losing capital efficiency if the company repurchase its own shares from  large shareholders, the Company started to examine repurchasing its own shares from Mitsui Sumitomo Insurance who is the 10th shareholder of the Company, which holds 9,543,600 of the Company’s common shares as of September 30, 2018, and its shareholding represents 1.20% and Tokio Marine & Nichido Fire Insurance who is the 36th shareholder of the Company, which holds 2,832,949, and its shareholding represents 0.36%.

At the middle of September 2018, the Company concluded that the method of a tender offer would ensure an opportunity for shareholders to tender their shares while watching the trend in the market price during the prescribed offer period, was the most suitable from the viewpoint of both the equitable treatment of shareholders and the transparency of the transactions.

When deciding on the purchase price for the tender offer, the Company also concluded that it would be desirable to conduct a tender offer at a price representing a certain discount to the market price with a focus on ensuring the precision and objectivity of the criteria used to determine the tender offer price and with a view towards setting a tender offer price that is below the market price in order to stem the outflow of assets from the Company, to the extent possible, from the perspective of respecting the interests of shareholders who will continue to hold the Company’s common shares. Thus, the Company decided to communicate with Tendering Shareholders regarding the implementation of the tender offer, in which the tender offer price represented a discount of around 3% versus the closing price on October 30, 2018 (a business day before the meeting of the Board of Directors held on October 31, 2018) or average of closing prices on past one month of the Company’s common shares on the First Section of the Tokyo Stock Exchange on the business day.

At the middle of September 2018, the Company asked Tendering Shareholders if they would apply for tender offer based on the conditions above. As a result, at the end of September 2018, the Company received answers from Tendering Shareholders that Mitsui Sumitomo Insurance would apply 2,120,000 of the Company’s common shares (0.27% of total number of issued shares), which was a part of 9,543,600 shares (1.20% of total number of issued shares) which Mitsui Sumitomo Insurance holds and Tokio Marine & Nichido Fire Insurance would apply 1,130,000 of the Company’s common shares (0.14% of total number of issued shares), which was a part of 2,832,949 shares (0.36% of total number of issued shares) which Tokio Marine & Nichido Fire Insurance holds.

After examining the above issues, the Company resolved to set a tender offer price of 4,748 yen by applying a discount of 3.00% to the 4,895 yen, which is the closing price for the Company’s common shares on the First Section of the Tokyo Stock Exchange on October 30, 2018, the business day before the meeting of the Board of Directors held on October 31, 2018.

(4)Number of shares to be purchased

Share class Anticipated number of shares to be purchased Number of excess shares to be purchased Total
Common shares 3,600,000 shares 0 shares 3,600,000 shares

Note 1 : If the number of shares tendered does not exceed the anticipated number of shares to be purchased (3,600,000 shares), all of the tendered shares will be purchased. If the number of tendered shares exceeds the anticipated number of shares to be purchased (3,600,000 shares), the excess shares will not be purchased, in whole or in part. The transfer and other settlement procedures associated with the purchase of the shares will be carried out using the pro rata method as provided in Article 27-13-5 of the Financial Instruments and Exchange Act (Act No. 25 of 1948, as amended; hereinafter referred to as the “Act”) as applied mutatis mutandis pursuant to Article 27-22-2-2 of the Act and Article 21 of the Cabinet Office Ordinance Concerning the Disclosure of a Tender Offer for Listed Shares by the Issuer (Ministry of Finance Ordinance No. 95 of 1994, as amended).

Note 2 : Shares of less than one unit will also be subject to the tender offer. Moreover, should the right to request the purchase of shares of less than one unit be exercised by a shareholder in accordance with the Companies Act, the Company may buy its own shares during the tender offer period in accordance with procedures prescribed by law.

(5) Funds required for the tender offer

17,115,300,000 yen

Note   : This amount is the total of the purchase amount (17,092,800,000 yen), the estimated fees, and other expenses associated with the purchase, such as the cost of public notices associated with the tender offer, the cost of printing the tender offer statement and other documentation, and other such expenses.

(6) Method of Settlement

(A) Name and head office address of the financial instruments business operator, bank, or other institution in charge of settlement of the tender offer;

SMBC Nikko Securities Inc.  3-1, Marunouchi 3-chome, Chiyoda-ku, Tokyo

(B) Settlement Commencement Date

Friday, December 21, 2018

(C) Method of Settlement

Notification of the purchases under the tender offer will be sent to the address of tendering shareholders (or the standing proxy for foreign shareholders) after the conclusion of the tender offer period without delay.

Purchases will be settled in cash. Tendering shareholders will be able to receive the purchase amount for the tender offer, less applicable withholding taxes (see note), by wire transfer or other method as instructed by the tendering shareholder without delay after the settlement commencement date.

Note : Taxes on shares purchased under the tender offer

*Please make any decisions after consulting a tax advisor or other professional about specific tax questions.

(a) For tendering shareholders who are residents, or non-residents with a permanent establishment in Japan

When the amount of money received for accepting the tender offer exceeds the amount of the portion of the Company’s capital (or for a consolidated corporation, its consolidated individual stated capital) attributable to the shares that are the basis for that payment (when the per-share purchase amount is greater than the per-share amount of capital), the amount in excess will be deemed a dividend and taxed accordingly. The amount deemed to be a dividend is subject to a withholding of 20.315% (15.315% for income tax and special income tax for reconstruction and 5% for resident tax) (There will be no special withholding of the 5% resident tax for non-residents with a permanent establishment in Japan). However, if the shareholder is considered a principal shareholder, the withholding is 20.42% (income tax and special income tax for reconstruction only). As a general rule, the amount after deducting the cost of acquiring the shares from the transfer income is subject to declared separate income taxes.

(b) For tendering shareholders who are non-residents without a permanent establishment in Japan

The amount deemed to be a dividend will be subject to withholding of 15.315% (income tax and special income tax for reconstruction only). If the shareholder is considered a principal shareholder, the withholding will be 20.42% (income tax and special income tax for reconstruction only).

(c) For corporate shareholders

when the amount of money received for accepting the tender offer exceeds the amount of the portion of the Company’s capital (or for a consolidated corporation, its consolidated individual stated capital) attributable to the shares that are the basis for that payment, the amount of this excess will be deemed a dividend. As a general rule, the portion deemed to be a dividend is subject to withholding of 15.315% (income tax and special income tax for reconstruction only).

A foreign shareholder who wishes to receive an income tax reduction or exemption for such deemed dividends pursuant to an applicable tax treaty should notify the tender offer agent by the last day of the tender offer period that he plans to submit the tax treaty application form, and then submit that form to tender offer agent by November 29, 2018.

(7) Other

(A) The tender offer is not directly or indirectly conducted within the United States or aimed at the United States, does not use the United States Postal Service or any methods or means of interstate commerce or international commerce (including but not limited to telephone, telex, facsimile, e-mail and Internet communication), and is not conducted through securities exchange facilities within the United States. Under the tender offer, shares may not be tendered using the above methods and means, through the above facilities, or from within the United States. Any purported acceptance of the tender offer resulting directly or indirectly from a violation of these restrictions will not be accepted. No Securities or other consideration is being solicited in the United States and if sent in response by a resident of the United States of America will not be accepted. No indications of interest in the tender offer are sought by this press release.

Furthermore, the tender offer notice and other related purchase documents concerning the tender offer may not be sent or distributed to the United States, nor sent or distributed using postal or other methods within, to, or from the United States. Any tenders under the tender offer which violate the above restrictions directly or indirectly shall not be accepted.

Every applier (including a tender offer agent for a foreign shareholder) is required to submit a certification that; (i)An applier doesn’t exist in the United States at both moments when he/her applies for the tender offer and when he/her sends application form. (ii)An applier doesn’t receive/send any information/documents regarding the tender offer in/to/from the United States. (iii)An applier neither uses the United States Postal Service or any methods or means of interstate commerce or international commerce (including but not limited to telephone, telex, facsimile, e-mail and Internet communication) nor employs any security market in the United States in order to tender their shares or to sign on/issue application form, nor behaves as an agent/assignee/mandatory those who has no discretionary power regarding tender offer (excluding the person gives every advice regarding the tender offer from the United States).

(B) The Company received answers from Mitsui Sumitomo Insurance that they would apply 2,120,000 of the Company’s common shares (0.27% of total number of issued shares), which was a part of 9,543,600 shares (1.20% of total number of issued shares) which Mitsui Sumitomo Insurance holds, and from Tokio Marine & Nichido Fire Insurance that they would apply 1,130,000 of the Company’s common shares (0.14% of total number of issued shares), which was a part of 2,832,949 shares (0.36% of total number of issued shares) which Tokio Marine & Nichido Fire Insurance holds.

(C) The Company releases “Consolidated Financial Results for the six months ended September 30, 2018” on October 31, 2018. The summary of Financial Results is as outlined below. Though, the Company has not received audit certificate under Article 193, Paragraph 1 of 2 of the Companies Act. Please refer to news release for more detail.

The summary of “Consolidated Financial Results for the six months ended September 30, 2018”

From April 1, 2018 to September 30, 2018

(a) Consolidated Statement of Income

As of September 30, 2018
Revenue 2,624,979 million yen
Cost of revenue 2,224,593 million yen
Selling, general and administrative expenses 247,962 million yen
Other income 7,430 million yen
Other expenses 7,475 million yen
Profit for the year attributable to owners of the parent company 114,079 million yen

 

(b) Consolidated data per one share

As of September 30, 2018
Profit for the year attributable to owners of the parent company per one share 146.11 yen
Dividend payment per one share 70.00 yen

 

(D) The Company releases “DENSO Announces First-half Financial Results” on October 31, 2018. The summary of forecast for Fiscal Year Ending March 31, 2019 is as bellow. Please refer to news release for more detail.

Forecast for Fiscal Year Ending March 31, 2019

Full-Year Forecast

(Original)

Full-Year Forecast

(Revised)

Revenue 5,400 billion yen 5,400 billion yen
Operating profit 390 billion yen 393 billion yen
Profit before income taxes 427 billion yen 430 billion yen
Profit attributable to owners of the parent company 303 billion yen 305 billion yen

 

(E) The Company releases “DENSO Announces of Result of Interim Dividend and the Revision of Year-end Dividend Forecast” on October 31, 2018. The Company revised both Interim dividends (record dates: September 30, 2018) and Year-end dividends forecast upward from 65 yen to 70 yen. Please refer to news release for more detail.

(F) The Company releases “DENSO Announces Cancellation of Own Shares” on October 31, 2018. Please refer to news release for more detail.

(Reference) The number of shares held by the Company as of September 30, 2018

-Total number of issued shares (exclude own shares)  :        780,875,393 shares

-The number of own shares held by the Company       :          13,193,320 shares

About DENSO

DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today, including Toyota, Honda, FCA, GM, Ford, Volvo, and Mercedes-Benz. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,000+ employees across 11 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/.

# # #

 

DENSO Announces Cancellation of Own Shares

Press Releases

Kariya (Japan) ― DENSO Corporation (the “Company”), announced that a resolution was adopted at the board of directors meeting held today to cancel its own shares pursuant to Article 178 of the Corporation Act.

  1. Type of shares to be cancelled : Common stock
  2. Total number of shares to be cancelled : 6,123,762 shares
  3. Scheduled date of cancellation : November 30,2018

Note:

Number of treasury shares as of September 30, 2018:

Total number of shares outstanding (excluding treasury shares):  780,875,393 shares

Number of treasury shares: 13,193,320 shares

About DENSO

DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today, including Toyota, Honda, FCA, GM, Ford, Volvo, and Mercedes-Benz. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,000+ employees across 11 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/.

# # #

DENSO Announces of Result of Interim Dividend and the Revision of Year-end Dividend Forecast

Press Releases

Kariya (Japan) DENSO Corporation today announced the result of its interim dividend and the revision to the year-end dividend forecast for the fiscal year ending March 31, 2019.

  1. Content of revision

Dividend per share

Interim Year-end

Yearly

FY Forecast

(Previous announced)

65 yen 65 yen 130 yen
FY Result 70yen
FY Forecast

(Revised)

70yen 140yen
Previous FY
Results ended
March 31, 2018
65 yen 65 yen 130 yen

 

  1. Reason for revision

DENSO will continue to raise dividends payment sustainably with taking into accounts its consolidated results, consolidated dividend payout ratio, and dividend amount.

After comprehensive consideration of business conditions, the company has decided on the interim dividend and the revision to the year-end dividend forecast as above.

About DENSO

DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today, including Toyota, Honda, FCA, GM, Ford, Volvo, and Mercedes-Benz. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,000+ employees across 11 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/.

# # #

 

DENSO Announces First-half Financial Results

Press Releases

KARIYA (Japan) ―Global automotive supplier DENSO Corporation today announced its global financial results for the first half ending September 30, 2018 for fiscal year ending March 31, 2019:

  • Consolidated revenue totaled 2,625.0 billion yen (US$23.1 billion), an 11.1 percent increase from the previous year.
  • Consolidated operating profit totaled 152.4 billion yen (US$1.3 billion), a 25.5 percent decrease from the previous year.
  • Consolidated profit attributable to owners of the parent company totaled 114.1 billion yen (US$1.0 billion), a 26.0 percent decrease from the previous year.

“DENSO’s revenue rose due to an increase in global vehicle production in spite of natural disasters. In addition, newly consolidated subsidiary, DENSO TEN, contributed to growth in revenue. Operating profit decreased due to transient profit in the last fiscal year, variance of periods in collecting expenses and increase in investment for future growth toward becoming a leading mobility supplier,” said Koji Arima, president and CEO of DENSO Corporation.

In Japan, in spite of natural disasters, an increase in vehicles equipped with safety-related products, as well as the impact from the newly consolidated subsidiary resulted in an increase in revenue to 1,573.2 billion yen (US$13.9 billion), an 11.8 percent growth from the previous year. Despite a rise in production volume and cost-reduction efforts, an increase in investment for future growth and the impact of transient profit in the last fiscal year led to a drop in operating profit to 53.3 billion yen (US$469.1 million), a 49.5 percent down from the previous year.

In North America, sales expansion led to an increase in revenue to 604.1 billion yen (US$5.3 billion), a 10.2 percent increase from the previous year. Operating profit totaled 15.5 billion yen (US$136.5 million), a 25.5 percent decrease from the previous year due to the increase in expenses for R&D and the investments for expanding production capabilities.

In Europe, revenue totaled 332.4 billion yen (US$2.9 billion), a 7.3 percent increase from the previous year. As a result of the increase in production volume and cost-reduction efforts, operating profit totaled 9.6 billion yen (US$84.4 million), an 8.0 percent increase from the previous year.

In Asia, a rise in vehicle production led to an increase in revenue to 718.1 billion yen (US$6.3 billion), a 16.0 percent rise from the previous year. As a result of the increase in production volume and cost-reduction efforts, operating profit totaled 67.8 billion yen (US$597.4 million), an 8.0 percent growth from the previous year.

In other areas, mainly the South American region, specifically Brazil and Argentina, revenue totaled 34.5 billion yen (US$304.1 million), a 14.6 percent decrease from the previous year. Operating profit totaled 5.5 billion yen (US$48.7 million), a 21.9 percent decrease from the previous year.

“Considering the first-half financial results and the latest movement in the foreign exchange markets, we have revised up our financial result forecast of operating profit for the full-year,” said Arima.

(Foreign exchange rates used for the full-year financial result forecast are US$= 110yen, Euro= 130 yen)

Forecast for Fiscal Year Ending March 31, 2019

Full-Year Forecast (Original) Full-Year Forecast (Revised) Changes from Previous FY
Revenue 5,400.0 billion yen

[US$47.5 billion]

5,400.0 billion yen

[US$47.5 billion]

+0.0 billion yen

(+0.0 percent)

Operating profit 390.0 billion yen

[US$3.4 billion]

393.0 billion yen

[US$3.5 billion]

+3.0 billion yen

(+0.8 percent)

Profit before income taxes 427.0 billion yen

[US$3.8 billion]

430.0 billion yen

[US$3.8 billion]

+3.0 billion yen

(+0.7 percent)

Profit attributable to owners of the parent company 303.0 billion yen

[US$2.7 billion]

305.0 billion yen

[US$2.7 billion]

+2.0 billion yen

(+0.7 percent)

 

(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 113.57 yen = US$1, the approximate exchange rate prevailing in the Tokyo Foreign Exchange Market September. 28, 2018. Billion is used in the American sense of one thousand million.

About DENSO

DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today, including Toyota, Honda, FCA, GM, Ford, Volvo, and Mercedes-Benz. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,000+ employees across 11 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/.

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DENSO Announces Full Acquisition of EASE Simulation, Inc.

NA NewsPress Releases

SOUTHFIELD, Mich. – DENSO, the world’s second largest mobility supplier, announced today it has acquired EASE Simulation Inc., a company that specializes in automotive diagnostics technology. The company will merge with DENSO Products and Services Americas, Inc., based in Long Beach, Calif., and continue to provide top-quality aftermarket products, services and technology.

As the definition of mobility and transportation continues to change, DENSO is expanding into software-based solutions in addition to its hardware expertise. The full acquisition of EASE enables DENSO to enhance the services offered within its Original Equipment Service (OES), aftermarket and non-automotive businesses.

“EASE excelled in its ability to access and extract enhanced level diagnostics data from vehicles, which is a critical component as we develop and provide more connected services to the aftermarket and OES industry,” said Richard Shiozaki, senior vice president of DENSO Products and Services Americas, Inc. “The company is an important addition to the DENSO family and fits into our long- term goal to create and inspire new value for the future of mobility.”

EASE was founded in 1993 in Scranton, Penn., and its products primarily focus on inspection, diagnostics and emissions, including VehicleMRI®, a precision tool for inspecting and analyzing automotive electronic systems and pinpointing hidden problems beyond typical check-engine-light issues with maximum accuracy. EASE develops automotive diagnostic equipment, automotive inspection software, automotive emissions equipment, and automotive telematics systems. In 2014, DENSO announced it acquired 72.1 percent of EASE to help accelerate research and development of its vehicle diagnostic and telematics business in North America.

DENSO will move existing EASE employees and their expertise in automotive diagnostics to a business facility in Mayfield, Penn., known as the Northeast Environmental Technology Center.

About DENSO

DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today, including Toyota, Honda, FCA, GM, Ford, Volvo, and Mercedes-Benz. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,000+ employees across 11 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/.

About DENSO Products and Services Americas, Inc.

DENSO Products and Services Americas, Inc., is an automotive components sales, remanufacturing and distribution company that employs 550 people in Long Beach, San Jose and Murrieta, Calif., and Plano, Texas. 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.

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DENSO to Open New Facility at Haneda Airport for Automated Driving Technology Development and Testing

Press Releases

KARIYA (Japan) ― DENSO Corporation (DENSO), the world’s second largest mobility supplier, today announced it will establish a new facility at Haneda Airport in Tokyo to develop and test automated driving technologies. The facility, which is expected to be complete by June 2020, will feature a building and proving ground for mobility systems R&D and will advance DENSO’s worldwide efforts to create a future that’s safer and more sustainable for all. This new location is part of the Haneda Airport Unused Land Zone 1 Redevelopment Project, a broader initiative led by Tokyo’s Ota City, DENSO and other entities to transform underutilized space at the airport into a hub for leading-edge technology development and mixed-use cultural facilities.

This announcement follows DENSO’s establishment of its Global R&D Tokyo facility In April 2018, an automated driving R&D office near Shinagawa Station in Minato City, Tokyo, to promote collaboration and open innovation with its development partners, which include automakers, universities, research institutes and startups. The new facility will include a building to develop prototypes and maintain test vehicles, and also a proving ground to conduct live, in-vehicle tests. This will enable DENSO to take an integrated approach to the development of automated driving in Tokyo because the new facility at Haneda Airport can develop and test prototypes based on automated driving technology planned, researched and developed by Global R&D Tokyo in Shinagawa.

The Haneda area is designated a National Strategic Special Zone, where a regulatory sandbox system* is adopted to allow for field tests of advanced mobility technologies on public roads, including automated driving. Additionally, the Haneda area in Ota City is a hotbed for developers, startups and manufacturers of new-age technologies and applications for a wide range of use. DENSO will utilize the National Strategic Special Zone system and work with manufacturers in Ota City to develop and test prototypes more seamlessly and speed development of automated driving technology.

DENSO will continue to develop technologies and products in the fields of safety and the environment, to help create a new mobile society to improve people’s lives.

* Regulatory sandbox system
A system to create a controlled environment without existing regulations where a limited number of project participants can verify their innovations including new technologies during a limited period of time, in order to collect data to rapidly obtain test results and determine if regulatory reform is needed

Profile of New Facility

1. Location : Parts of 1-chome and 2-chome, Haneda Airport, Ota City, Tokyo
2. Establishment : June 2020 (planned)
3. Employees : Approx. 200 (projected for the time of the establishment)
4. Function : Developing prototype automated driving technologies and conducting in-vehicle tests

 

About DENSO

DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today, including Toyota, Honda, FCA, GM, Ford, Volvo, and Mercedes-Benz. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,000+ employees across 11 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/.

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DENSO Sponsors B.R.A.K.E.S Teen Defensive Driving Program to Advance its Vision for an Accident-Free Future of Mobility

In the News

Mobility Supplier Partners with Professional Racing Drivers and Law Enforcement to Reduce Teen Auto Crashes Across the Country

View Original Article

DENSO’s Second Founding: Company Shift in Strategy to Craft the Core Technologies for the Future of Mobility

Press Releases

KARIYA, Japan (October 19, 2018) DENSO corporation (DENSO), the world’s second largest mobility supplier, has made recent changes that represent one of the largest shifts in business strategy in its 70-year history – expanding into software-based solutions in addition to its hardware expertise – that push the company beyond a vehicle-centric focus in order to help create an new mobility paradigm for society. The global auto industry is undergoing a once-in-a-century shift that will fundamentally reshape transportation. Given the changing cast of competitors that make up the evolving auto industry, DENSO has transformed its conventional business model to achieve success for customers, consumers, partners, employees, and all other stakeholders.

DENSO’s long-term policy, which was launched last year, guides the company toward its 2030 goal: to create and inspire new value for the future of mobility. DENSO today launched its 2018 Annual Report, which is the first account of company activities following the release of its long-term policy. The policy and report reiterates DENSO’s strategy to achieve vision, including:

  1. Increasing performance in the fields of electrification and automated driving;
  2. Realigning organizational structure to accelerate business execution, R&D, collaboration, and other efficiencies; and
  3. Focusing on key initiatives both in and outside the auto industry to add value.

“Our long-term vision is a future with enhanced mobility, safety and peace of mind, with less impact on the environment. We still have a deep commitment to protecting lives, but we are ready to realize our second founding,” said CEO Koji Arima. “This means we must change our own organization to prevail in the rapidly changing business landscape and provide value to our customers that goes beyond a vehicle-centric focus to enrich society’s broader needs.”

Increasing performance in electrification and automated driving

DENSO is committed to advancing automotive innovation and meeting the demands of the future of transportation. Thus, DENSO will continue to increase its performance in the fields of electrification and automated driving to achieve sustainable growth. The company aims to achieve revenues of 7 trillion yen (US$62B) and an operating profit ratio of 10 percent by 2026.

In 2017, DENSO invested US$1 billion in its Maryville, Tennessee location. The investment significantly advanced the United States’ role in crafting the future of electrification and safety technology and made Maryville a primary manufacturing center in North America for electrification and safety systems. The investment also expanded multiple production lines to produce advanced safety, connectivity, and electrification products for hybrid and electric vehicles. These new products will radically improve fuel efficiency and preserve electric power by recovering and recycling energy, and by connecting all systems and products inside the vehicles.

Realigning organizational structure

DENSO has undergone restructuring with the aim of accelerating business execution during major industry change. Specific examples include:

  • Reduced the number of members on the Board of Directors and separated the roles of business management and execution.
  • Clarified roles of directors in charge of management, senior executive directors and executive directors.
  • Made one person the lead in R&D in North America and European Union to promote collaboration, particularly in advanced technology.
  • Strengthened business in China with plans to establish a China division to enhance strategy-making capability.
  • Reorganized product groups to support DENSO’s focus on key fields and initiatives; new business groups include: Thermal systems, Powertrain systems, Mobility systems, Electrification systems and Electronic Systems
  • Arranging satellite R&D facilities globally, which are able to react agilely in the rapidly changing business environment and execute advanced R&D more speedily
  • Formed alliances and partnerships with like-minded organizations to help advance DENSO’s R&D function, increase speed and realize agile global development. Recent partnerships span areas such as artificial intelligence, autonomous driving, cybersecurity, electrification and agricultural technologies and include: Toshiba, Plug & Play, NRI SecureTechnologies, Dellfer, Aisin Seiki, ASAI Nursery, InfiniteKey, JOLED and the University of Michigan, to name a few.

Focusing on key initiatives

DENSO plans to focus on the areas of electrification, automated driving and connected cars to advance the future of mobility. It will also focus on non-automotive business, particularly on factory automation and agro-industrialization. Recent investments and partnerships in these key areas include:

  • Electrification: Aisin seiki and DENSO have reached a basic agreement on the establishment of a joint venture company to develop electrified drive modules and are preparing for establishment.
  • Automated Driving: Aisin seiki, ADVICS, JTEKT and DENSO have signed a basic agreement concerning the establishment of a joint venture for the development of integrated ECU software for automatic operation and are preparing for establishment. Additionally, DENSO’s investment in ThinCI speeds the development of semiconductor devices with deep learning capabilities required for next-generation automated driving technology.
  • Connected Cars: The investment in CREATIONLINE upgraded DENSO’s system to develop cloud solutions and open source software. DENSO’s collaboration with Ridecell advances the development of carsharing and ridesharing technologies and services.
  • Non-Automotive Businesses: ASAI Nursery, Inc. and DENSO’s joint venture will create a next-generation model for horticulture using large-scale greenhouses and agricultural technology. The companies will build one of Japan’s largest agricultural greenhouses and develop technologies to improve cultivation productivity for growing vegetables. Construction is scheduled to begin in 2019.

 

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$10.9 billion for the fiscal year ending March 31, 2018. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

About DENSO
DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today, including Toyota, Honda, FCA, GM, Ford, Volvo, and Mercedes-Benz. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global

In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,000+ employees across 11 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/

 

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DENSO Takes a Stake in Software Developer eSOL

Press Releases

KARIYA (Japan) ― DENSO Corporation today announced it has taken a 2% equity stake in eSOL Co., Ltd., a leading developer of real-time embedded software solutions. DENSO will use eSOL’s technologies to develop software for the systems and products required for automated driving.

To improve the performance of automated driving and the utilization of external data for safety, in-vehicle electronic products must be integrated to ensure seamless control of the entire vehicle system. As in-vehicle systems become increasingly more complex, it will be necessary to update, rewrite or add software to coordinate with new electronic systems and electronic control units for automated driving. DENSO will work with eSOL as an important partner in rapid software development and will create next-generation electronic platforms through a technology advisor arrangement and personnel exchange.

Founded in 1975, eSOL is the premium partner of AUTOSAR (Automotive Open System Architecture), a consortium organized by automakers and suppliers that standardizes automotive software platforms. In 2016, DENSO established a joint venture, AUBASS Co., Ltd., with eSOL and NEC Communication Systems, Ltd., to enable automakers to use complex in-vehicle software.

DENSO will bring new value to the future of mobility through the development of electronic components, in-vehicle electronic systems, and electronic platforms – all of which will be used in connected and automated driving

Profile of eSOL

1. Name: eSOL Co., Ltd.
2. Establishment: May 1975
3. Location: Harmony Tower, 1-32-2 Honcho, Nakano-ku, Tokyo, Japan
4. Capital: 265 million yen
5. President: Katsutoshi Hasegawa
6. Business description: •  Conducting R&D, manufacturing, selling software and hardware for computers and peripherals, undertaking development projects, and dispatching engineers

•   Offering consulting services related to the above

  

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 31 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$10.9 billion for the fiscal year ending March 31, 2018. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 220 subsidiaries in 35 countries and regions (including Japan) and employs approximately 170,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2018, totaled US$48.1 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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DENSO and NRI SecureTechnologies Agree to Establish a Joint Venture for the Growing Automotive Cybersecurity Market

Press Releases

KARIYA/TOKYO (Japan), September 27, 2018 ― DENSO Corporation today announced it has agreed to establish a joint venture with NRI SecureTechnologies, Ltd. to detect and diagnose the security risks of in-vehicle electronic products. The new cybersecurity company, named NDIAS, Ltd. is equally owned by DENSO and NRI and will be officially established in December 2018.

NDIAS will harness DENSO’s expertise in in-vehicle quality and cybersecurity technology development and NRI’s proprietary machine learning technology to protect consumers against the rising threat of cyber attacks in the automotive industry. NRI has nearly 20 years of experience insecurity services in the fields of financial systems, infrastructure, and consumer equipment. The partnership will offer integrated security diagnosis and consulting services for in-vehicle electronic products from the vehicle development phase to the actions required after mass production.

Automated driving and connected vehicles will soon become commonplace and, as a result, various shared technologies and services will be linked within vehicles. Because of this,  international standards for automotive cybersecurity requirements must be established due to imminent threats such as hacking.

In Japan, for example, to introduce automated driving by the end of FY2020, a review has been conducted to require automakers to implement cybersecurity measures and to enact relevant laws. Starting with development to well after mass production, security diagnosis and analysis must be conducted throughout the vehicle’s life cycle.

New threats in cybersecurity continue to evolve and require assessment and diagnosis by a dedicated and trained third party who understands the minds of the attackers. DENSO’s and NRI’s new joint venture will underpin the rapidly evolving digitalized automotive industry with its ground-breaking cybersecurity technologies to help achieve a safe and secure future of seamless mobility.

 

Reference

Profile of NDIAS

(1) Company name            NDIAS, Ltd.

(2) Business field               Automotive security

(3) Establishment              December 3, 2018

(4) Head office                   Tokyo (planned)

(5) Representative       President Yukinori Hashimoto

(6) Capital                         100 million yen

 

Profile of DENSO

(1) Company name      DENSO Corporation

(2) Business field                Automotive products, lifestyle-related products, industrial equipment, etc.

(3) Establishment                     December 16, 1949

(4) Head office                   1-1 Showa-cho, Kariya, Aichi, Japan

(5) Representative       President & CEO Koji Arima

(6) Capital                         187.4 billion yen

(7) Employees                   168,813 (as of March 31, 2018 on a consolidated basis)

 

Profile of NRI

(1) Company name            NRI SecureTechnologies, Ltd.

(2) Business field               Information security

(3) Establishment              August 1, 2000

(4) Head office                   Tokyo Sankei Bldg. 1-7-2 Otemachi, Chiyoda-ku, Tokyo, Japan

(5) Representative             President Jun Odashima

(6) Capital                         450 million yen

(7) Employees                   440 (as of July 1, 2018 on a consolidated basis)

 

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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 31 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people

About NRI

NRI SecureTechnologies is a subsidiary of Nomura Research Institute (NRI) specializing in cybersecurity, and a leading global provider of next-generation managed security services and security consulting. Established in 2000, NRI Secure is focused on delivering high-value security outcomes for our clients with the precision and efficiency that define Japanese quality. For more details, visit us at https://www.nri-secure.com.

 

 

DENSO to Exhibit at the 25th ITS World Congress Copenhagen 2018

Press Releases

KARIYA (Japan) ― DENSO Corporation today announced that it will exhibit at the 25th ITS World Congress Copenhagen 2018 in Denmark (September 17 to 21, 2018) on the theme “DENSO’s Technologies and Efforts to Support the Future System of Mobility.”

DENSO is committed to providing new values, such as safe, convenient traveling and efficient logistics, toward the future of mobility based on its Long-term Policy 2030. In addition to its sophisticated in-vehicle technologies, DENSO has been developing technologies for the social infrastructure, as well as cloud and data communication technologies for connecting vehicles with other things.

For the cloud, DENSO will exhibit technologies for Mobility as a Service (MaaS) and data analysis technologies using quantum computers. For connecting vehicles with the cloud, DENSO will introduce data communication technologies for efficiently collecting image data captured by dashcams. For inside the vehicle, DENSO will demonstrate its next-generation driver status monitor for detecting potential problems and expressions of the driver, and its blockchain application to prevent hacking of vehicle software and data.

DENSO’s technologies and products help reduce traffic accidents. Based on these technologies, DENSO will continue to improve mobility for all people around the world.

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$10.9 billion for the fiscal year ending March 31, 2018. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica. 

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 220 subsidiaries in 35 countries and regions (including Japan) and employs approximately 170,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2018, totaled US$48.1 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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DENSO Takes a Stake in Tohoku Pioneer EG

Press Releases

KARIYA (Japan) ― DENSO Corporation today announced that it has agreed with Pioneer Corporation to take a stake in Tohoku Pioneer EG Corporation (Tohoku Pioneer EG), which is involved in the factory automation (FA) business and is owned by Tohoku Pioneer Corporation, a consolidated subsidiary of Pioneer Corporation.

Recently, the global environment for the manufacturing industry is at a turning point due to the shrinking workforce and aging population. Various initiatives are being taken to promote industrial change, such as Connected Industries in Japan and INDUSTRIE 4.0 in Germany.

Against this backdrop, DENSO set the goal of developing optimal solutions for FA systems in the Long-term Plan 2025 formulated in 2017. Specifically, DENSO will offer FA system solutions that combine automation processes using robots with IoT-based kaizen support by leveraging its expertise in process design and worksite management refined through many years of manufacturing automotive components, thereby offering new value to society.

As a system integrator of various automated production equipment, Tohoku Pioneer EG has supplied advanced custom-made FA production systems that meet the needs of customers, including DENSO, in various industries such as the automotive, electrical/electronic equipment, medical, food, semiconductor, and IT industries.

DENSO’s track record of introducing automation systems at 130 plants globally has an affinity with Tohoku Pioneer EG’s experience in offering FA production system. By taking a stake in Tohoku Pioneer EG, DENSO will be able to offer optimal streamlined FA system solutions and thereby contributing to the overall development of the manufacturing industry.

Profile of Tohoku Pioneer EG

1. Name : Tohoku Pioneer EG Corporation
2. Location : 2-1-57 Ishidorii, Tendo, Yamagata, Japan
3. Representative : President and Representative Director Heikichi Muneta
4. Establishment : May 1988
5. Capital : 350 million yen
6. Ownership : 100% owned by Tohoku Pioneer Corporation
7. Sales : 12.4 billion yen (year to March 2018)
8. Employees : 297 (as of April 1, 2018)
9. Business description : Manufacturing various custom-made automated production equipment and high-precision flow measurement equipment

  

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$10.9 billion for the fiscal year ending March 31, 2018. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 220 subsidiaries in 35 countries and regions (including Japan) and employs approximately 170,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2018, totaled US$48.1 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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AISIN and DENSO Reach Basic Agreement to Establish a Joint Venture to Develop Electrification Driving Modules

Press Releases

Kariya(Japan), August 27, 2018―Aisin Seiki Co., Ltd (AISIN) and DENSO Corporation (DENSO) today announced that they have reached a basic agreement to establish a new joint venture company to develop and sell electrification driving modules. The company will be capitalized with the participation ratio of AISIN 50% and DENSO 50%.

The automotive industry is in an era of profound transformation, particularly in technologies for electrification, automated driving and connected driving. Electrification is one of the key disrupters impacting the automotive industry. Companies need to accelerate the development of technologies that meet the needs of auto makers and consumers and help maintain a sustainable society free from environment problems such as global warming, atmospheric pollution and resource and energy problems.

Electrification requires a driving module package that integrates key components, such as transaxles, motor generators and inverters. This joint venture will develop and sell driving modules customized to meet performance, cost and regional requirements.

AISIN and DENSO will focus on driving modules for hybrids, plug in hybrids, fuel cell vehicles and electric vehicles, especially in China where the market for electric vehicles is expected to rapidly expand.

Details are still being discussed and the plan is for the new company to launch in March 2019. The collaboration of two companies will support their commitment to maintain sustainable society.

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$10.9 billion for the fiscal year ending March 31, 2018. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 220 subsidiaries in 35 countries and regions (including Japan) and employs approximately 170,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2018, totaled US$48.1 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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AISIN, ADVICS, JTEKT and DENSO Reach Basic Agreement to Establish Joint Venture to Develop Integrated ECU Software for Automated Driving

Press Releases

Kariya(Japan), August 27, 2018 – Aisin Seiki Co., Ltd (AISIN), ADVICS Co., Ltd. (ADVICS), JTEKT Corporation (JTEKT) and DENSO Corporation (DENSO) today announced that the four companies have reached a basic agreement to establish a joint venture company to develop integrated ECU software for automated driving and vehicle dynamics control. The company will be capitalized with the participation ratio of DENSO 65%, AISIN 25%, ADVICS 5% and JTEKT 5%.

The automotive industry is in an era of profound transformation, particularly in technologies for electrification, automated driving and connected driving. In the field of automated driving and vehicle dynamics control, greater acceleration in technology development is needed to support the development of future mobility solutions that will revolutionize how society moves.

The integrated ECU manages components, such as sensors, brakes, and steering, which are basic driving functions and critical for automated driving. Through this joint company, DENSO, AISIN, ADVICS and JTEKT will focus on expediting the development of more sophisticated software required for larger and more complex integrated ECUs.

The four companies bring unique strengths to this endeavor and will work together to develop and provide software for integrated ECUs which best fit each car makers’ needs.

Details are still being discussed and the plan is for the new company to launch in March 2019. The collaboration of the four companies will support their commitment to deliver safe and secure mobility for all.

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$10.9 billion for the fiscal year ending March 31, 2018. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 220 subsidiaries in 35 countries and regions (including Japan) and employs approximately 170,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2018, totaled US$48.1 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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DENSO Invests 30 Billion Yen in OLED Display Developer JOLED

Press Releases

KARIYA (Japan) ― DENSO Corporation today announced it has invested 30 billion yen ($270 million) in JOLED Inc., a developer of printed organic light-emitting diode (OLED) displays. The investment accelerates JOLED’s development and mass production of in-vehicle OLED displays, which are used for human-machine interfaces (HMIs) in car cockpits to deliver key driving information to the driver quickly and accurately. Compared to conventional HMIs, which use thin-film transistor liquid crystal displays (TFT-LCDs), JOLED’s OLED displays offer higher-definition images, more vivid colors, and are designed to be thinner, lighter, and bendable– making them easier to install and produce more optimized light output for improved HMI functionality.

“DENSO’s investment in JOLED directly enhances the advancement of human-machine interfaces – technologies which are critical to keeping drivers informed behind the wheel safely,” said Hirotsugu Takeuchi, executive director of DENSO. “Working with JOLED will help us create a new mobility future that’s safer for all, emphasizes efficiency and smartly applies problem-solving innovations to the real world.”

As cars become more connected, more information can be provided to drivers to help them ensure effective road safety. Because of this, there is a growing demand for HMIs that can display information in a more visually appealing, larger, and easier-to-understand format – all while encouraging drivers to stay focused on the road. OLED displays enable these characteristics and will continue to gain prominence as HMIs are called upon to deliver improved visibility, more dynamic design and increased operational efficiencies.

JOLED was the first in the world to commercialize printed OLED displays, and the company’s OLED printing method is simpler and more efficient than traditional manufacturing approaches. This investment will enable DENSO to combine its accumulated technology and know-how regarding HMIs with JOLED’s OLED printing, thereby speeding up the development and mass production of various types of OLED displays for instrument clusters, center-stack displays, and other devices, and thus contribute to the development of more attractive and convenient cockpits.

DENSO will continue to emphasize the development of its HMI technologies, which underpin the ongoing evolution of vehicles, and seek to create cockpits that streamline interaction between human and machine to create a society free from road traffic accidents.

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 220 subsidiaries in 35 countries and regions (including Japan) and employs approximately 170,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2018, totaled US$48.1 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 JOLED

JOLED Inc. is headquartered in Tokyo and uses its Ishikawa, Kyoto, and Atsugi Technology Development Centers as bases to conduct research, development, manufacturing, and sales activities for OLED displays, their parts, materials, manufacturing equipment, and associated products. JOLED was founded in January 2015, combining the OLED display development divisions of Sony Corporation and Panasonic Corporation, with the goal of accelerating mass production development and commercialization of OLED displays.

In 2016, the company started up a pilot line (substrate size: G4.5), establishing a mass production technology and improving productivity. Later, in December 2017, JOLED began shipment of its first product, the 21.6-inch 4K OLED display. To further expand the business, in July 2018, JOLED established Nomi site in Nomi city, Ishikawa prefecture. Now the company started establishing the world’s first mass production line for printed OLED, aiming to commence production in 2020. https://www.j-oled.com/english/

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DENSO Announces Changes of Executive Responsibility

Press Releases

KARIYA (Japan) ―DENSO Corporation today announced changes of Executives’ areas of responsibility.

Changes of Responsibility

The following change will be effective August 1, 2018

Title

Name

New Current
Executive Vice President

Toshiyuki Kato

Toyota, Toyota Group,

Olympic and Paralympic Games Preparation Dept.

Toyota, Toyota Group

Changes are underlined

 

The following changes will be effective September 1, 2018

Title

Name

New Current
Senior Executive Director

Sadahiro Usui

China Div. CEO of Europe,

DENSO INTERNATIONAL EUROPE B.V.

Executive Director

Hisaaki Sato

CEO of Europe,

DENSO INTERNATIONAL EUROPE B.V.

Sales and Marketing of North,

Central & South America

Executive Director

Kazuoki Matsugatani

Engineering of North America,

Engineering of Europe

Engineering of Europe

Changes are underlined 

 

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$10.9 billion for the fiscal year ending March 31, 2018. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica. 

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 220 subsidiaries in 35 countries and regions (including Japan) and employs approximately 170,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2018, totaled US$48.1 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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DENSO Announces First-quarter Financial Results

Press Releases

KARIYA (Japan) ―Global automotive supplier DENSO Corporation today announced its global financial results for the first quarter ending June 30, 2018 for fiscal year ending March 31, 2019:

  • Consolidated revenue totaled 1,331.2 billion yen (US$12.0 billion), a 14.3 percent increase from the previous year.
  • Consolidated operating profit totaled 90.9 billion yen (US$822.1 million), a 2.4 percent decrease from the previous year.
  • Consolidated profit attributable to owners of the parent company totaled 77.3 billion yen (US$699.2 million), a 0.8 percent increase from the previous year.

“DENSO’s revenue rose due to an increase in global vehicle production, as well as sales expansion. In addition, newly consolidated subsidiaries, DENSO TEN and TD mobile, contributed to growth in revenue. Despite a rise in production volume and cost reduction efforts, DENSO’s operating profit decreased due to an increase in investment for future growth toward becoming a leading mobility supplier,” said Yasushi Matsui, executive director of DENSO Corporation.

In Japan, a rise in vehicle production and an increase in vehicles equipped with safety-related products, as well as the impact from the newly consolidated subsidiaries resulted in an increase in revenue to 778.8 billion yen (US$7.0 billion), a 15.3 percent growth from the previous year. Despite a rise in production volume and cost-reduction efforts, an increase in investment for future growth led to a drop in operating profit to 34.1 billion yen (US$308.4 million), an 8.7 percent down from the previous year.

In North America, a rise in both vehicle production and sales expansion led to an increase in revenue to 310.9 billion yen (US$2.8 billion), a 10.6 percent increase from the previous year. Operating profit totaled 11.6 billion yen (US$105.3 million), a 31.4 percent decrease from the previous year due to the increase in expenses for R&D, variance of periods in collecting application fees and the investments for expanding production capabilities.

In Europe, a rise in vehicle production led to an increase in revenue to 182.0 billion yen (US$1.6 billion), a 14.0 percent increase from the previous year. As a result of the increase in production volume and cost-reduction efforts, operating profit totaled 7.0 billion yen (US$63.6 million), a 20.5 percent increase from the previous year.

In Asia, a rise in vehicle production led to an increase in revenue to 358.1 billion yen (US$3.2 billion), a 19.5 percent rise from the previous year. As a result of the increase in production volume and cost-reduction efforts, operating profit totaled 33.7 billion yen (US$304.9 million), an 18.2 percent growth from the previous year.

In other areas, mainly the South American region, specifically Brazil and Argentina, revenue totaled 17.1 billion yen (US$155.1 million), a 10.4 percent decrease from the previous year. Operating profit totaled 2.6 billion yen (US$23.5 million).

“Considering the first-quarter financial results, we have revised up our financial result forecasts for the first-half and full-year,” said Matsui.

(Foreign exchange rates used for the first-half financial result forecast are US$= 107yen, Euro= 130 yen, and for the full-year are US$= 106 yen, Euro= 130 yen)

Forecast for Fiscal Year Ending March 31, 2019

First-Half Forecast (Revised) Full-Year Forecast (Revised) Changes from Previous FY
Revenue 2,660.0 billion yen

[US$24.1 billion]

5,400.0 billion yen

[US$48.9 billion]

+80.0 billion yen

(+1.5 percent)

Operating profit 161.0 billion yen

[US$1.5 billion]

390.0 billion yen

[US$3.5 billion]

+14.0 billion yen

(+3.7 percent)

Profit before income taxes 179.0 billion yen

[US$1.6 billion]

427.0 billion yen

[US$3.9 billion]

+12.0 billion yen

(+2.9 percent)

Profit attributable to owners of the parent company 120.0 billion yen

[US$1.1 billion]

303.0 billion yen

[US$2.7 billion]

+13.0 billion yen

(+4.5 percent)

 

 About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$10.9 billion for the fiscal year ending March 31, 2018. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica. 

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 220 subsidiaries in 35 countries and regions (including Japan) and employs approximately 170,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2018, totaled US$48.1 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/.

(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 110.54 yen = US$1, the approximate exchange rate prevailing in the Tokyo Foreign Exchange Market June. 29, 2018. Billion is used in the American sense of one thousand million.

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DENSO Partners with Innovation Platform Plug and Play to Advance the Future of Mobility

NA NewsPress Releases

SOUTHFIELD, Mich. (July 17, 2018) – DENSO, one of the world’s largest automotive suppliers of technology and components, is committed to collaborating with outside companies, universities, and research institutions to further the advancement of new and future mobility services. To that end, DENSO today announced its Silicon Valley office’s partnership with Plug and Play, the world’s largest innovation platform. DENSO joins 40 other automotive players, including Ford, Bosch, Nissan, and Toyota Financial Services, as corporate partners in Plug and Play’s Mobility Program.

“While we’ve been more self-sufficient in the past, DENSO is embracing open innovation to bolster our technology portfolio to keep pace with the rapid changes in the automotive industry,” said Bill Foy, senior vice president of Engineering at DENSO’s North American headquarters. “We’re thrilled to join the Plug and Play platform, so we can strategically evaluate new partners and opportunities that allow us to quickly and flexibly develop unique solutions that meet the needs of our customers.”

DENSO looks to partner with startups that provide a necessary automotive solution or innovative technology with potentially significant implications for the future of transportation. Specifically, the company will work with Plug and Play’s network of promising startups to accelerate its business and technology development in four core areas: connectivity, autonomous driving, shared mobility and electrification (CASE).

As a member of the Plug and Play ecosystem, DENSO will also contribute firsthand to the growth and success of the startups and entrepreneurs involved. Last year, Japan-based DENSO Corporation partnered with Plug and Play Japan.

Founded in 2006, Plug and Play now operates in 26 locations worldwide. It runs industry-specific accelerator programs that connect startups to forward-thinking corporations for business development and investment opportunities. Startups that have seen great success with the help of Plug and Play and its corporate partners include PayPal and DropBox.

“Our talented teams in DENSO’s Silicon Valley and Tokyo offices are embracing open innovation and working closely alongside Plug and Play to identify and establish partnerships with already-vetted startups that can accelerate our long-term vision of creating a safe and secure future of mobility for all,” said Foy.

DENSO participated in its first Plug and Play Summit on July 11, 2018, in downtown Detroit. At the all-day event, DENSO executives and other corporate partners met with 20 startups, who presented and demonstrated how their emerging technologies are impacting mobility.

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$10.9 billion for the fiscal year ending March 31, 2018. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 220 subsidiaries in 35 countries and regions (including Japan) and employs approximately 170,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2018, totaled US$48.1 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 Plug and Play

Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services, and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, our programs have expanded worldwide to include a presence in over 20 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 6,000 startups and 220 official corporate partners, we have created the ultimate startup ecosystem in many industries. Companies in our community have raised over $7 billion in funding, with successful portfolio exits including Danger, Dropbox, LendingClub, PayPal, SoundHound, and Zoosk. www.plugandplaytechcenter.com.

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Inclusive STEM learning is imperative for future of our industry

In the News

Education and career counseling for young students has come full circle. For decades, primary schools pushed students to pursue degrees aimed toward stable, 9-to-5 jobs. Carving out a steady career became a benchmark of success for young students, while vocational trade work became a back-up plan.

Flash forward to today and “STEM” (science, technology, engineering and mathematics) is a near ubiquitous part of school curriculum and extra-curricular activities. It’s all part of the effort to get kids excited about jobs and professions we need to fill in order to build the future. It’s no secret we need to develop more STEM talent, and that means doing a better job fostering inclusive learning opportunities.

View Original Article

Why DENSO is Spending Big in East Tennessee

NA NewsPress Releases

Last year, auto supplier Denso Corp. began investing $1 billion in its 3,700-worker plant in Maryville, Tenn. The expansion, which requires 1,000 new jobs, will allow Denso to move production of advanced components for electric and connected vehicles from Japan to the U.S. as its diverse North American customer base shifts to such new-era technology. The Maryville plant, which opened in 1988 with about 100 employees, will make EV inverters, radar components and data control modules.

Bill Foy, Denso International America’s senior vice president of engineering, said the move was prompted by Denso’s philosophy of meeting customer demand through localized production. Automotive News Correspondent Stephanie Hernandez McGavin spoke with Foy, 53, in April about Denso’s expanding U.S. footprint and the lessons it has learned.

Q: For a parts supplier, $1 billion is a substantial plant investment. Why expand on this scale — and why in east Tennessee again?

A: The real meaning of the investment is about the whole industry’s change. It’s related to electrification and to advanced safety products like radar. Denso is completely committed to ensuring we’re keeping up with the trends.

We already have a very strong footprint in Tennessee. What was really important for us is that we have a lot of resources there we can use, versus starting a brand new plant somewhere else. Our Tennessee facility is already producing electrical components. All that infrastructure was already there, so it was natural for us to want to work within that footprint.

Q: What concerns did Denso have before going ahead with an expansion of this size?

A: We already employ a lot of people in that area. One concern was whether we have enough reach to attract the number of new people we need for this. That’s where we worked with local government to ensure that the roads leading into the plant and the access to it were going to improve. They also allowed some support for training of associates.

Q: Did the tough talk out of Washington on imports influence Denso’s decision to bring production here?

A: No. I don’t think there’s any political aspect. Denso’s philosophy is to localize products and produce where our customers are. So what we’re doing fits our basic philosophy that we’ve had for a long time. When you look at an inverter, for example, it’s very heavy. The closer we can get it to our customer, the lower the cost we can create for them, and we want to bring value to our customer. It’s very important for us to be local — it’s the natural DNA of Denso.

Q: Did you consider building on undeveloped land?

A: We did consider all options from the beginning. But as we explored it, we really led ourselves to this decision.

Q: Can you share the thought process? Why would expanding Maryville be better than building a new site elsewhere?

A: Infrastructure that’s already in place is a strong factor for hiring and training. But we also already have knowledge and capabilities there that we can lean on, including a lot of equipment that’s automated and very high tech. For the people who do the maintenance for that equipment, that expertise is also there already. That’s been a very big lesson learned for us — that it’s very important to have that type of expertise.

Q: Denso has been producing in North America for a long time. Are there plans for new U.S. sites in the future?

A: I think we’re happy with the footprint we have now, and we have localized almost all of the products that we produce. What it’s really about now is looking toward the future and changing over to new products. When you go to a connected, autonomous, shared, electrified vehicle, that means different products will be needed as time moves on. But without the volume of North America growing, I don’t see us really moving into greenfield areas.

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DENSO Foundation Awards Nearly $1 Million in STEM Education Grants to 22 North American Colleges and Universities

NA NewsPress Releases

SOUTHFIELD, Mich. (June 10, 2018) – DENSO, one of the world’s largest automotive suppliers of technology and components, constantly searches for ways to increase young people’s access to technical education and help develop tomorrow’s workforce. Aiding this effort, the company’s philanthropic arm – DENSO North America Foundation (DNAF)  – today announced it will donate nearly $1 million in overall funding to 22 institutions of higher learning across North America to support science, technology, engineering and math (STEM) educational programming. These grants help achieve DENSO’s goal of exposing students to the rewarding careers available in manufacturing and advance the industry forward by enhancing programs that will produce the next wave of highly-skilled problem solvers. The DNAF board confirmed its 2018 North American college and university grants on June 13.

DNAF funds will be delivered to programs focused on design, materials management, mechanical and electrical engineering principles, thermodynamics, robotics and more – all intended to help cultivate and encourage a new generation of engineers and skilled workers.

“As a global technology and automotive leader, it’s vital for DENSO to advance young people’s education in engineering, technology and other related programs,” said Doug Patton, president of the DENSO North America Foundation and executive vice president of Engineering at DENSO International America, Inc. “To remain competitive in this ever-evolving, hi-tech landscape, it calls for a workforce that is skilled, well-trained and able to adapt quickly. We feel great responsibility to prepare students for what’s next – for the health of our industry and their future careers.”

“Manufacturing and automotive companies need technically-minded associates now more than ever,” said David Cole, DENSO North American Foundation board member. “By supporting programs that emphasize STEM learning experiences in real-world settings, we hope to help students explore their passions, find a worthwhile and fulfilling career path, and help our communities prosper.”

DNAF has supported STEM education through grants at colleges and universities since 2001, enabling students to access tools, technology and experiences that better prepare them for technical careers after graduation. DENSO education grant proposals are invite-only and evaluated based on technical merit, student experience and alignment with industry needs.

This year’s grant recipients, which play key roles in training the future automotive workforce, include:

  • Arkansas State University – Jonesboro
  • California State Polytechnic – Pomona
  • California State University Long Beach
  • East Tennessee State University
  • FIME; Mechanical and Electrical Engineer College
  • Kettering University
  • Lawrence Tech
  • Michigan State University
  • Michigan Tech
  • North Carolina State
  • Northeast State Community College
  • Oakland University
  • Ohio State University
  • Pellissippi State Community College
  • Tennessee Tech
  • University of Alabama Tuscaloosa
  • University of Guelph
  • University of Michigan Dearborn
  • University of Tennessee Chattanooga
  • University of Tennessee Knoxville
  • West Virginia University
  • Western Michigan University

DENSO is looking to hire new talent across North America as it continues its pursuit to shape and improve future mobility solutions for all. Positions are available in a variety of roles, business units and locations. Those interested can apply at www.densocareers.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 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$10.9 billion for the fiscal year ending March 31, 2018. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 220 subsidiaries in 35 countries and regions (including Japan) and employs approximately 170,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2018, totaled US$48.1 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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DENSO Honored by Ford Motor Company at the 20th Annual World Excellence Awards as a Top-Performing Global Supplier

NA NewsPress Releases

SOUTHFIELD, Mich. (June 5, 2018) DENSO Corporation, a leading global automotive supplier, and Michigan Automotive Compressor Inc. (MACI), a joint-venture between Toyota Industries Corporation and DENSO, were honored as top-performing global suppliers for Ford Motor Company at the 20th Annual World Excellence Awards. Only 88 companies were selected as finalists from thousands of Ford suppliers globally.

“I would like to extend my personal congratulations to DENSO and its associates, the entire MACI team and the Ford sales team for achieving this award. At DENSO, our core focus is producing and developing high-quality, innovative products and technologies that address the changes happening within the automotive industry while exceeding customers’ expectations,” said Thomas Esser, vice president, Global Ford Sales, DENSO.

DENSO Corp. was awarded Ford’s World Excellence Award for Quality. MACI was recognized for the third time, receiving this year the Gold World Excellence Award for excelling in the categories of Cost, Quality, and Delivery. MACI manufactures automotive air conditioning compressors with magnetic clutch for Ford and other customers like Honda, GM, Chrysler and Toyota. As the main component of the air conditioning system, MACI’s compressors play an integral role in keeping drivers and passengers comfortable in warm weather.

“Every associate in MACI works toward one goal – to satisfy our customers,” said Joe Shaughnessy, General Manager, Business Planning, Human Resources, Information Systems, Production Control at MACI. “This is our top priority. It is so gratifying to receive such an elite award that recognizes our team’s collective efforts.”

DENSO’s products and systems are an important part of nearly every major vehicle make and model around the world. From air conditioning compressors and retrofittable driver status monitors to autonomous services and electrification, DENSO is developing innovative solutions that are shaping the future of transportation.

“Our World Excellence awards recognize the outstanding achievements of Ford Motor Company’s top-performing suppliers around the world,” said Ford’s Hau Thai-Tang, executive vice president, product development and purchasing. “Suppliers like DENSO and MACI are key to Ford’s continued success as we work toward our goal of becoming the world’s most trusted mobility company.”

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 220 subsidiaries in 35 countries and regions (including Japan) and employs approximately 170,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2018, totaled US$48.1 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 Michigan Automotive Compressor Inc.

Established in 1989, Michigan Automotive Compressor Inc. (MACI) is a joint-venture between Toyota Industries Corporation (TICO) and DENSO Corporation. It is the largest manufacturing employer in Jackson County, with over 1 million square feet, and more than 1,050 associates. MACI sells approximately 6 million compressors of all types each year, for many of the world’s most popular vehicles. GM and FCA-Chrysler are the largest customers by volume.  Ford, Toyota, Honda, Freightliner and John Deere also are customers.

About Ford Motor Company

Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions. Ford employs approximately 202,000 people worldwide. For more information regarding Ford, its products and Ford Motor Credit Company, please visit www.corporate.ford.com.

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DENSO Invests in U.S. Startup Metawave to Deliver Smart Radar for Autonomous Cars

Press Releases

KARIYA (Japan) ― DENSO Corporation has taken a stake in Metawave Corporation, a U.S. startup company that develops cutting-edge, millimeter-wave radar sensing technologies to detect vehicles and pedestrians. Metawave announced on May 15, 2018, it raised an additional $10 million from DENSO, Toyota AI Ventures, Hyundai Motor Company, and other strategic investors.

DENSO will harness Metawave’s technologies to accelerate the development of a smart automotive radar system for autonomous cars. Metawave has the core technologies for expanding radar detection range, improving recognition performance and reducing size.

To create a safe future of mobility, DENSO has been working to develop sensors that serve as a vehicles’ “eyes.”  Radar, a critical component found in nearly all autonomous cars, drastically improves the vehicle’s ability to recognize near-by conditions and objects.

A millimeter-wave radar sensor detects surrounding conditions using radio waves in the millimeter-wave band. The sensors are used in the radar systems to apply the brakes when a collision is unavoidable, and keep a certain distance from a preceding vehicle when driving. DENSO’s millimeter-wave radar sensors are used in Toyota’s Alphard and Vellfire models, which were released in January 2018 in combination with a vision sensor for recognizing vehicles and pedestrians.




DENSO develops technologies and products to build a safe and secure future of transportation for all people around the world.  The goal is to create a society free from traffic accidents.

Profile of Metawave Corporation

1. Name: Metawave Corporation
2. Establishment: August 2017
3. Location: 3333 Coyote Hill Rd, Palo Alto, CA U.S.A.
4. Representative: Maha Achour
5. Business description: Development of in-vehicle millimeter-wave radar sensors and data communication antennas

 

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 220 subsidiaries in 35 countries and regions (including Japan) and employs approximately 170,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2018, totaled US$48.1 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

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$10.9 billion for the fiscal year ending March 31, 2018. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica. 

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 220 subsidiaries in 35 countries and regions (including Japan) and employs approximately 170,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2018, totaled US$48.1 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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DENSO Releases New Safety Monitor to Reduce Accidents Involving Commercial Vehicles

NA NewsPress Releases

SOUTHFIELD, Mich. (May 15, 2018) ― DENSO, one of the world’s largest automotive suppliers, today announced it has released a retrofittable driver status monitor to help reduce the number of traffic accidents involving commercial vehicles, such as trucks and buses. The safety product checks for distractions, drowsiness, sleep, and inappropriate posture based on the driver’s facial image, which is captured through a camera installed in the cabin. If drowsy or distracted driving is detected, the monitor voices an alert. It is now sold by DENSO Sales and DENSO service stations across Japan and will be released outside the country later this year.

Large commercial vehicles can cause serious damage in an accident, and many trucks and buses do not have the latest safety devices installed because they’ve been in use for so many years. The driver status monitor is retrofittable to existing vehicles on the road, and can therefore accelerate the introduction of safety devices to large commercial vehicles.

A driver’s condition is detected by the product and recorded on a SD card. An operation manager and the driver can review the driving status, including the number of voiced alerts, and an image of the driver when the alert was triggered. This feature offers additional guidance for safe driving. The driver’s condition can also be notified to the operation manager in real-time, making it possible to caution the driver and take quick action in the event of an emergency. In addition, the monitor can be linked with a new telematics device for commercial vehicles released by DENSO this summer and a cloud-based digital tachograph manufactured by Fujitsu Limited.

DENSO has been developing safety technologies and products for passenger cars and commercial vehicles to help create a society free from traffic accidents. In 2014, DENSO developed its first driver status monitor and currently offers products for heavy trucks and large sightseeing buses. In 2017, DENSO collaborated with FotoNation, a wholly owned subsidiary of Xperi Corporation that creates facial image recognition and neural network technologies, to further improve the performance of driver status detection and accelerate the development of products that will impact the future of mobility.




These technologies and partnerships support DENSO’s commitment to deliver a safe and secure automotive society for all people around the world.

Product specifications

Main unit Operating temperature range −30–70°C
Power supply voltage 8–32 V
Current consumption 1.0 A max. (24 V)
Dark current 3m A max.
External dimensions [(width) × (depth) × (height)] 148 mm × 112 mm × 35 mm
Camera Operating temperature range −40–90°C
External dimensions [(width) × (depth) × (height)] 106 mm × 26 mm × 27 mm
Manufacturer’s suggested retail price Open

 

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$10.9 billion for the fiscal year ending March 31, 2018. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica. 

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 220 subsidiaries in 35 countries and regions (including Japan) and employs approximately 170,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2018, totaled US$48.1 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 Xperi Corporation

Xperi Corporation (Nasdaq: XPER) and its brands, DTS, FotoNation, HD Radio, Invensas and Tessera, are dedicated to creating innovative technology solutions that enable extraordinary experiences for people around the world. Xperi’s solutions are licensed by hundreds of leading global partners and have shipped in billions of products in areas including premium audio, automotive, broadcast, computational imaging, computer vision, mobile computing and communications, memory, data storage, and 3D semiconductor interconnect and packaging. For more information, please call 408-321-6000 or visit www.xperi.com.

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DENSO Unveils New Toolkit to Empower 23,000 Road Safety Advocates

NA NewsPress Releases

SOUTHFIELD, Mich. (April 6, 2018) – Road traffic crashes account for approximately 1.25 million fatalities every year, and about 500 child fatalities every day. To help reduce auto crashes where DENSO’s more than 23,000 North American employees live and work, the global automotive supplier, together with Safe Kids Worldwide, co-created a comprehensive roadmap encouraging employees to spread safe driving habits: the Road Safety Associate Toolkit.

The 41-page document offers safety tips, infographics, activity sheets, and other materials to assist employees in making their communities safer for kids. The Toolkit has three sections: In and Around Cars, Pedestrian Safety, and Bike Safety.

“Developing new technologies will help us deliver safer vehicles, but to truly create a world free of traffic accidents, we need to nurture safe driving habits and safety discussions at the community level. We can’t achieve that without our employees raising awareness for child safety in their own communities,” said Robert Townsend, vice president, Community Affairs at DENSO. “The Toolkit we developed with Safe Kids provides ample resources for easy and actionable steps to become a local road safety advocate.”

The Toolkit includes tips on installing car seats and avoiding heatstroke, advice for parents on talking to teen drivers, ways to prevent kids from being distracted while walking near roadways, and Halloween safety precautions. It also provides contact information for local Safe Kid coalitions, an action plan to make school zones safer, other online resources, and social media posts.

“Safe Kids Worldwide has been laser focused on preventing childhood injuries for almost 30 years, and we’ve made a lot of progress toward keeping kids safe,” said Torine Creppy, president of Safe Kids Worldwide. “But we can do even more by partnering with the associates of DENSO. We’re confident that our joint initiative can help to reduce the number of traffic crashes and protect our children.”

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

About Safe Kids Worldwide
Safe Kids Worldwide is a nonprofit organization working to protect kids on the road, at home and at play. Preventable injuries are the number one cause of death for children in the United States. Throughout the world, almost one million children die of an injury each year, and almost every one of these tragedies is preventable. Safe Kids works with an extensive network of more than 400 coalitions in the U.S. and with partners in more than 33 countries to reduce traffic injuries, drownings, falls, burns, poisonings and more. Since 1988, Safe Kids has helped reduce the U.S. childhood death rate from unintentional injury by 60 percent. Working together, we can do much more to protect kids. Join our effort at safekids.org.

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DENSO brings Advanced Automotive Technology R&D to Israel

Press Releases

KARIYA (Japan) ― DENSO Corporation today unveiled its newest innovative satellite R&D team in Israel, accelerating advanced technologies like automated driving, cybersecurity, and AI. Starting in April, DENSO’s R&D satellite will begin collaborating with local startups to pioneer new technologies.

This is the newest satellite in DENSO’s global R&D network located in key regions. DENSO distributes cutting-edge R&D functions around the world and works with local universities, research institutions, startups, and various other partners to develop competitive products and technologies tailored to customers and regional characteristics. DENSO recently announced an initiative to broaden R&D capabilities outside Japan, and in 2017, started satellite R&D activities in Helsinki, Finland focusing on creating advanced technologies and services.

DENSO’s satellite R&D activities in Israel build on the country’s surge in innovative technologies in fields spanning cybersecurity, telecommunications, AI, sensing, and software. Israeli companies and tech startups have an established track record for successful collaboration with companies overseas, and are expected to play a major role in global innovation across a number of fields.

DENSO will tap into Israel’s technology strengths to quickly develop more competitive technologies, both internally and through collaborative research with local companies and universities. The technologies and products developed in Israel will contribute to DENSO’s mission to deliver safe and sustainable mobility solutions that improve people’s lives and benefit the environment.

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica. 

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

DENSO to Increase Its shareholding in Renesas Electronics Corporation

Press Releases

KARIYA (Japan) ― DENSO Corporation today announced that it has decided to increase its shareholding in Renesas Electronics Corporation to accelerate the development of various in-vehicle systems including automated driving systems that are becoming more advanced, complicated, and larger in scale than ever before. Renesas has cutting-edge technologies for semiconductors that serve as the key devices in such systems.

Recently, in order to meet the needs of complicated vehicle control, the functionality of in-vehicle microcontrollers has been increasing. This is causing their design and manufacturing processes to be more difficult. Manufacturers are expected to accelerate the development of new semiconductors for diversely advanced systems for automated driving, electrification, IoT, and connected driving through a combination of communication and AI-related technologies.

By taking full advantage of its knowledge of in-vehicle products acquired through many years of operation, and in order to develop competitive vehicle control systems in new fields such as automated driving, DENSO considers it essential to further enhance collaboration with semiconductor manufacturers that have profound experience and expertise.

Renesas is a top supplier of in-vehicle microcontroller and has Renesas autonomy™ to offer complicated and advanced technologies as an open platform. Its basic growth strategy is to offer comprehensive solutions from cloud services that contribute to automated driving, sensing, and vehicle control. DENSO will continue the joint development with Renesas and accelerate the development of technologies to create competitive in-vehicle systems.

DENSO will increase its shareholding in Renesas from 0.5% to 5%.

DENSO will strengthen and expedite the development of technologies focusing on safety for automated driving and connected vehicles, and on the environment through electrification in order to offer new value to mobility of the future.

Renesas autonomy is a trademark of Renesas Electronics Corporation.

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica. 

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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DENSO North America Foundation donates $20,000 to support tornado relief near Osceola, Arkansas

NA NewsPress Releases

SOUTHFIELD, Mich. (March 2, 2018) – The DENSO North America Foundation (DNAF), the philanthropic arm of automotive technology, systems and components leader, DENSO, will donate $20,000 to the American Red Cross to assist with tornado recovery efforts near Osceola, Arkansas. An EF-1 category tornado recently hit the area, damaging homes and impacting communities near where DENSO associates live and work.

In addition to the foundation’s donations, DENSO associates, family and friends are encouraged to join the cause and donate to disaster relief efforts by visiting: www.redcross.org/donate/cm/denso-emp.

“It takes a community banding together to recover from disasters like this,” said Doug Patton, DNAF president and executive vice president of Engineering at DENSO International America. “We’re glad our team members are safe and hope we can help Osceola and surrounding communities get back on their feet.”

DENSO operates at 28 consolidated companies and four affiliates in North America, including two near the impacted area – DENSO Manufacturing Arkansas and Systex Products Arkansas Company (SPARC) in Osceola.

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

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

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DENSO invests $190 million, adds 320 jobs in Athens, Tennessee manufacturing location

NA NewsPress Releases

SOUTHFIELD, Mich. (February 28, 2018) DENSO, one of the world’s largest automotive technology, systems and components suppliers, is expanding its operations in North America through a $190 million investment in its Athens, Tennessee facility. The investment will add four new production lines and 320 jobs, increasing DENSO’s ability to produce and deliver key parts for its customers.

This is the latest in a line of strategic investments in North America and part of DENSO’s commitment to make Tennessee a primary manufacturing center. The US economy is expected to keep growing due to policies, including recent tax reform, and DENSO plans to continue advancing automotive innovation and manufacturing in the US. In September, DENSO announced a $1 billion investment in its Maryville, Tennessee facility, creating 1,000 jobs focused on electrification and safety systems.

“Increasing our capacity to manufacture products closer to customers in North America will continue to power DENSO’s growth in the region,” said Hugh Cantrell, director of Administrative Services for DENSO Manufacturing Athens Tennessee. “This investment strengthens one of our key production centers. Athens has played a major role producing and supplying our customers with key components in fuel delivery, ignition, and exhaust gas systems.”

“DENSO’s investment of $190 million, which will add 320 jobs in Athens, Tennessee, is a vote of confidence in the U.S. economy and the American worker,” said Bill Hagerty, US ambassador to Japan.  “Another strong example of the deep strategic and economic ties between Japan and the U.S.  America is open for business!” 

Investment details

This investment will create 320 new jobs across production, facility operations, engineering, administration and other skilled-trade positions. Athens will debut one new production line for Gasoline Direct Injection (GDI) injectors, as well as one low pressure fuel pump, and two high pressure fuel pump production lines serving automakers across North America.

Those interested in a career at DENSO in Athens, Tennessee can apply here.

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica. 

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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

Press Releases

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

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

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

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

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica. 

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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DENSO Announces Management Changes

Press ReleasesSenior Management Announcement

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

1Executive Changes

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

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

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

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

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

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

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

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

  • Yoshikazu Makino
  • Michio Adachi
  • Yukihiko Murakami

(6) Hiroyuki Murayama will resign as executive fellow.

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

Members of the Board                          *Representative, Changes are underlined

Title

Name

Responsibility

*Chairman

Nobuaki Katoh

*President & CEO

Koji Arima

*Executive

Vice President

Haruya Maruyama

Overall Management, Corporate Strategy

Yasushi Yamanaka

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

Hiroyuki Wakabayashi

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

Member of the Board

Koji Kobayashi

Yoshikazu Makino

George Olcott

Outside board member

Takashi Nawa

Outside board member

Executive Vice President, Senior Executive Directors

Title

Name

Responsibility

Executive Vice President

○Toshiyuki Kato

Toyota, Toyota Group

Senior Executive Director

Masahiko Ito

New Business,

Fleet Air-Conditioning Business Unit

Sadahiro Usui

CEO of Europe,

DENSO INTERNATIONAL EUROPE B.V.

Hiroyuki Ina

Electronic Systems Business Group,

Tokyo Office

Katsuhisa Shimokawa

Powertrain Systems Business Group, Korea

Shoji Tsuzuki

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

Shingo Kuwamura

Purchasing Group

Yukihiro Kato

Mobility Systems Business Group

Yoshifumi Kato

Engineering Research & Development Center, Digital Innovation

○Kazuaki Fujitani

Sales and Marketing Group

○Yukihiro Shinohara

Electrification Systems Business Group

○Yoshitaka Kajita

CEO of China

Executive Directors

Title

Name

Responsibility

Executive Directors

Kazumasa Kimura

DENSO (CHINA) INVESTMENT CO.LTD.

Bunichi Kondo

Tokyo Sales Div.

Masanori Tsuruta

Sensor & Semiconductor Business Unit

Yasuhiro Iida

Thermal Systems Business Group, Taiwan

Kenichiro Ito

CEO of North America,

DENSO INTERNATIONAL AMERICA, INC.

Jack Helmboldt

Manufacturing and Mobility Systems Business of North America,

DENSO MANUFACTURING TENNESSEE, INC.

Shinsuke Yamaguchi

CEO of Asia-Oceania,

DENSO INTERNATIONAL ASIA CO., LTD.

Jiro Ebihara

Electric Components Business Unit

Manufacturing of Electrification Systems Business Group

Yuji Ishizuka

Sales and Marketing of Europe

Yasuhiko Yamazaki

Production Innovation Center,

Manufacturing of Electronic Systems Business Group and Mobility System Business Group

Hisaaki Sato

Sales and Marketing of North,

Central & South America

Hajime Kumabe

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

R&D Tokyo Administration Dept.

Yasushi Matsui

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

Hirotsugu Takeuchi

Connected & Cockpit Business Unit,

Thermal Systems R&D Function Unit

Keiko Shimokata

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

DENSO BLOSSOM Co. LTD

Terutaka Kageyama

Sales Engineering

○Hidehiro Yokoo

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

Yutaka Yamanouchi

Production Innovation Planning Div.,

Production Control Div., Facility Div.,

DENSO E&TS TRAINING CENTER CORP.

Hisashi Iida

AD&ADAS Business Unit,

Electronic Control Components Div.

Marco Di Rao Marotta

Thermal Systems Business of Europe,

DENSO THERMAL SYSTEMS S.p.A.

Sinnosuke Hayashi

Mobility Systems Function Unit,

Basis Electronic Technology Unit,

DENSO CREATE INC.

Yasushi Mukai

Engine Components Business Unit,

Powertrain Systems Business Planning Dept.

Katsuhiko Takeuchi

Engine Systems Business Unit,

Powertrain Systems Development Div.

Tomoyuki Arakawa

New Business Unit, AgTech Promotion Div.

Kazuoki Matsugatani

Engineering of Europe

Katsuhiko Sugito

Machinery & Tools Div., FA Business Unit

○Koichi Nagaya

Quality Control Div.,

Safety Health & Environment Div. (Safety)

○Hirotaka Yato

Aftermarket Business Unit,

Customer Service Div.

○Kazuhiro Iwai

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

Plant General Administration,

Motor business integration Dept.

○Hiroshi Kondo

Electronics Business Unit

○Seiji Maeda

Motor Business Unit

○Eiji Inoue

Air-Conditioning Business Unit

○ Newly-appointed

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

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

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

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

  • Nobuaki Katoh
  • Koji Kobayashi
  • Yoshikazu Makino

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

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

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

as of Annual General Meeting of Shareholders, 2018

Board of Directors                               *Representative,  **Outside

Title

Name

*President & CEO

Koji Arima

*Executive Vice President

Haruya Maruyama

Yasushi Yamanaka

Hiroyuki Wakabayashi

Member of the Board

○Shoji Tsuzuki

George Olcott**

Takashi Nawa**

Audit & Supervisory Board Members                                      **Outside

Title

Name

Audit & Supervisory Board Member

Atsuhiko Shimmura

○Motomi Niwa

Moritaka Yoshida**

Tsutomu Saito**

Noriyuki Matsushima**

○ Newly-appointed

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

###

DENSO Takes a Stake in CREATIONLINE to Strengthen Connectivity Business

Press Releases

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

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

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

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

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

Profile of CREATIONLINE, Inc.

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

 

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

 

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DENSO Taps Technical Expert Takuya Oikawa to Enhance Information and Communications Technology Business

Press Releases

KARIYA (Japan) ― DENSO Corporation, one of the world’s largest automotive suppliers, today announced it has agreed to a technical adviser contract with Takuya Oikawa, a leading global developer of software products.

The global automotive industry continues to shift dramatically, with greater concentration on electrification, automated driving and connected driving. Competition from other diverse industries and new players looking to enter the space likewise increases. DENSO is committed to being a world leader ushering in this future of mobility, and views information and communication technology (ICT) as a core path to accelerate new innovations through cloud platforms and open source software.

DENSO’s technical adviser contract with Oikawa will help upgrade its ICT and promote businesses in electrification, automated driving, and connected driving. Doing so pushes DENSO’s open business and development beyond merely manufacturing automotive components, delivering products to meet society’s changing transportation needs.

Main contents of the adviser contract:

  • Formulation of ICT-related business strategies and support for planning, development, sales, and operation of relevant products and services
  • Support for organizational design including recruitment strategy, skill assessment, and career planning for ICT engineers
  • Investigation into possible partnerships with ICT-related companies, and support for negotiations

Profile of Takuya Oikawa

Oikawa, a graduate of Waseda University’s School of Science and Engineering, led the development of the international versions of Windows at Microsoft after working for a foreign-affiliated company. He then joined Google and served as engineering manager of the Chrome Web Platform team before later joining Increments, Inc. which hosted Qiita, a Japanese software engineer knowledge-sharing community service. He has long worked on standardization and developers community, including infrastructure, security and web technologies. Most recently, Oikawa evangelized product management and engineering management in Japan. He became independent in 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, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

# # #

 

DENSO Announces Four North American Leadership Promotions

NA NewsPress Releases

SOUTHFIELD, Mich. – DENSO, one of the world’s largest automotive suppliers, announced multiple leadership promotions across North America. DENSO continues to grow significantly in North America, and these promotions reflect the company’s continued mission to accelerate leadership development opportunities for talented individuals. All changes are effective immediately.

Tianjin “TJ” Liu was promoted to vice president of Information & Safety Engineering at DENSO International America (DIAM) in Southfield, Mich. In his role, Liu will oversee engineering for North America Information & Safety Business Group.

Michael Murzyn was named vice president of Cockpit Systems at DIAM in Southfield, Mich.

Vicente Rodriguez will serve as vice president of Production Engineering, and Information and Communications Technology Business Unit lead at DENSO Mexico (DNMX) in Apodaca, Nuevo Leon.

Robert Townsend was promoted to vice president of Corporate Services. He will continue his role as leader of North America Safety, Health and Environment, Community and Government Affairs at DIAM in Southfield, Mich., with expanded leadership and responsibility in Government Affairs and Corporate Communications. 

“These highly talented leaders will play an important role advancing our business, be it creating an excellent work atmosphere, keeping DENSO at the forefront of transformative automotive trends or telling our story,” said Kenichiro Ito, chairman of DENSO’s North America Board of Directors and chief executive officer of DENSO International America. “We congratulate and wish them great success in their new roles.”

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

# # #

 

DENSO to Strengthen R&D Capabilities and Collaboration with New Tokyo Facility

Press Releases

KARIYA (Japan) ― DENSO Corporation, one of the world’s largest automotive suppliers, today announced it will open a new office in Minato-ku, Tokyo in April 2018 to conduct R&D on advanced driver assistance (ADAS), automated driving, and connected vehicles. DENSO will transfer part of the R&D functions currently located in its head office in Aichi Prefecture and existing Tokyo office to the new facility and expand its workforce to improve R&D capabilities through the early 2020s.

The new R&D office will not only develop advanced technologies, but also work with the head office to organize and lead the operations of DENSO’s satellite R&D bases worldwide. Regional hubs will play a larger role in R&D as DENSO decentralizes development in 2018 to become more agile and expedite innovation. The new office will collaborate with universities, research institutes, startups, and other partners around the world to develop new technologies by leveraging the characteristics of each region, and will formulate and carry out business ideas to develop competitive products that better meet the needs of customers. These partnerships align with DENSO’s widespread adoption of safety technologies that will play a critical role in the advancement of future mobility.

DENSO continues its core mission to focus on developing technologies advancing safety and environmental sustainability and creating mobility that contributes to society and improves people’s lives.

Profile of new office

1. Location : 16th and 17th floors, W Building, 1-8-15 Konan, Minato-ku, Tokyo (5-minute walk from Shinagawa Station)
2. Opening : April 2018 (planned)
3. Employees : Approx. 200 (projected for opening in April 2018)
4. Functions : R&D on advanced driver assistance, automated driving, and connected vehicles

 

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

# # #

 

DENSO Develops New Vision Sensor for Improved Night Driving Safety

Press Releases

KARIYA (Japan) ― DENSO Corporation, one of the world’s largest automotive suppliers, today announced it has developed a new standard vision sensor that detects pedestrians at night, cyclists, road signs, driving lanes and other road users. Working in conjunction with a millimeter-wave radar sensor, the new vision sensor allows automobiles to automatically activate emergency braking when obstacles are identified, helping reduce accidents and improve overall vehicle safety. It is featured in the 2018 Toyota Alphard and Vellfire, which were released in January this year.

The new sensor illustrates how DENSO supports the widespread adoption of safety technologies that will play a critical role in the advancement of future mobility. It improves night vision by using a unique lens specifically designed for low-light use, and a solid-state imaging device with higher sensitivity. These innovations help the sensor better identify other road users and different-shaped road signs, such as triangular, rectangular, and octagonal signs used in Japan, Europe, and the United States. An improved white-line detection algorithm and road-edge detection algorithm also broaden the operating range of lane-keeping assistance and lane departure alert functions, while a 40% size reduction from previous models reduces costs and makes installation easier.

DENSO has been developing technologies and products to help create a society free from traffic accidents. These technologies support DENSO’s continued pursuit to deliver a safe and secure automotive society for all people around the world.

 

See photos for comparison of nighttime pedestrian imaging capabilities.

 

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

# # #

 

DENSO Undertakes Demonstration Project to Advance Manufacturing Industry in Thailand, Trains System Integrators on Lean Automation and Connectivity

Press Releases

KARIYA (Japan) ― DENSO Corporation today announced that it will undertake a demonstration project aimed at training system integrators who can handle production and failure analysis  equipment in Thailand by using a showcase production line for next-generation lean automation. The project was consigned by the Japan External Trade Organization (JETRO) to train lean automation system integrators (LASIs) in the “Connected Industries” as part of the “Project for Nurturing New Industries in ASEAN and Japan” promoted by the Japanese Ministry of Economy, Trade and Industry (METI) and the Thai Ministry of Industry (MOI).

To achieve highly competitive manufacturing, it is essential to train system integrators who can build an efficient production system by eliminating waste in respective lines and plants through a combination of automation and information technology, in addition to developing and introducing automated production equipment.

DENSO has introduced lean automation in its production process to eliminate waste and achieve an efficient automated production system. The showcase to be established in Thailand is a next-generation production line that combines lean automation refined by DENSO with “Connected Industries” promoted by METI. It will be established at the Industrial Transformation Center (ITC) within the MOI to provide open and practical learning opportunities to use cutting-edge systems.

DENSO will also establish a consortium with the National Innovation Agency of the Ministry of Science and Technology of Thailand; five universities and one education facility in Thailand; seven local system integration companies, as well as Nomura Research Institute, Ltd. and LEXER RESEARCH Inc. The group will develop educational programs and teaching materials using the showcase, with training scheduled to begin in April 2018.

Through the demonstration project, DENSO will train local system integrators who have practical capabilities to help enhance the competitiveness in the automation field. The project is regarded as a core project of Thailand 4.0 and will help increase the presence of Japan’s “Connected Industries” in Thailand, while accelerating automation of the local Thai and Japanese manufacturing industry, and enhancing DENSO’s manufacturing competitiveness in Thailand.

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica. 

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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DENSO, Toshiba Digital Solutions, and Toshiba Information Systems Conclude a Capital Alliance Agreement to Enhance Development of Embedded Software for in-vehicle Products

Press Releases

DENSO Corporation, Toshiba Digital Solutions Corporation, and Toshiba Information Systems (Japan) Corporation have concluded a capital alliance agreement in which DENSO acquires 20% of the total number of shares issued by Toshiba Information Systems.

The auto industry is changing in a way that requires ever-more complicated and advanced technologies, such as connectivity, autonomous driving, shared mobility, and electric mobility. There is a growing need to enhance the capability to develop vehicle control software. Toshiba Information Systems is skilled at developing embedded software and has a track record with in-vehicle electrification technology such as for EVs and advanced driver assistance and automated driving technologies that have been developing rapidly. The capital alliance will help DENSO work with Toshiba Information Systems as a strategic partner to develop embedded software and enhance the capability to develop vehicle control software.

In April 2017, DENSO and the Toshiba Group including Toshiba Digital Solutions and Toshiba Information Systems started to enhance collaboration in IoT-based manufacturing, advanced driver assistance, and automated driving. The three companies will continue to work more closely as strategic partners in the embedded software business and IoT-based manufacturing, in order to help build a safe and secure automotive society for all people around the world.

Press inquiries:

DENSO CORPORATION
Corporate Communications Div.: Kojima, Uehara, and Yoshida
Phone: +81-566-25-5593/5583

Toshiba Digital Solutions Corporation
Strategic Planning Div.: Yagi and Nagai (in charge of corporate communications)
Phone: +81-44-331-1100
E-mail: PR@toshiba-sol.co.jp

Toshiba Information Systems (Japan) Corporation
Marketing Div.: Matsui
Phone: +81-44-200-5376
E-mail: infoweb@tjsys.co.jp

DENSO demonstrates how to make the future of mobility a reality at 2018 North American International Auto Show

NA NewsPress Releases

SOUTHFIELD, Mich. DENSO, one of the world’s largest automotive technology, systems and components suppliers, created a companywide framework in 2017 embracing new products and technologies critical to the future of mobility. The company will put this vision on display at the 2018 North American International Auto Show (NAIAS) at Cobo Center in Detroit, January 13-28, 2018.

DENSO’s roster of engineering and recruiting experts will be available to help guide interactive mobility technology displays and virtual reality experiences that illustrate how a future of connected, autonomous, shared and electrified transportation becomes a reality. This is DENSO’s 14th consecutive year participating at NAIAS. DENSO is a premier sponsor of the event.

“Transportation will change rapidly over the next decade, as will society’s and our customers’ needs,” said Bill Foy, senior vice president of Engineering at DENSO’s North American headquarters. “Our presence at NAIAS will express how we intend to deliver on these needs and create a future where mobility benefits society without hurting the environment.”

Future Mobility Technology Experience

DENSO’s booth will introduce participants to the current and future state of connected, autonomous drive, shared mobility and electrification (CASE) technologies. These key technologies will influence how society gets around for years to come. DENSO brings them to life through several interactive displays:

Oculus Rift VR Connected Driving Demo: Connectivity will reduce accidents, improve vehicle efficiency, and make driving easier and more enjoyable. Participants can jump into the cockpit of a future connected car through a virtual reality headset.

Oculus Rift VR Autonomous Driving demo: Self-driving and autonomous vehicles will take over the tasks of seeing, thinking and doing from drivers. Screens and displays throughout will explain how DENSO sensors enable vehicles to safely navigate the roads, as well as showcase next-generation V2X, human machine interface (HMI) and driver status monitoring technology.

Powering Future Electric Vehicles & Shared Mobility: Vehicles will soon be largely powered by renewable energy, electric batteries and fuel cells. Participants can see how DENSO inverters and other technologies will make electric vehicles more viable. DENSO will also showcase an example of what shared mobility could look like in the future.

AutoMobili-D Future Automotive Career Exposition (FACE)

Engineers, skilled trade workers and others with diverse skill sets will play a major role in designing and building the future of mobility. Since last year’s event, DENSO has invested in creating these job opportunities, including more than 1,000 new jobs as a result of its $1 billion North America manufacturing hub investment in October 2017. This year, DENSO engineering and recruiting leaders will meet with qualified individuals to discuss new job opportunities.

Mobility Startup Investment Meetings & Opportunities

Tony Cannestra, DENSO’s Director of Corporate Ventures will meet with early-stage startups seeking funding to create the next innovation with automotive applications. DENSO acquired or invested in several diverse technologies over just the past few months, from phone-as-a-key technology to the software backbone for advanced carsharing and ridesharing services. The company plans to continue actively investing in 2018 and beyond.

Speaking Engagements

Automotive News World Congress

  • Wednesday, January 17, 11:00 a.m. ET: Bill Foy, DENSO’s SVP of Engineering, will participate in a supplier panel discussing the current transportation transformation and challenges to build the future of mobility

Questions and Interviews

If you would like to schedule an interview with DENSO executives, please contact Bridgette LaRose at 248-372-8266 and bridgette_larose@denso-diam.com, or Kevin Memolo, Finn Partners at 312-329-3985 and kevin.memolo@finnpartners.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 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

DENSO Worldwide

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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DENSO Leads AI-Powered Fleet Management Technology Company ActiveScaler’s Seed Funding Round

Press Releases

KARIYA (Japan)DENSO, one of the world’s largest automotive suppliers, announced a significant investment in startup company ActiveScaler, a developer of Managed MaaS (Mobility-as-a-Service) systems powered by artificial intelligence. DENSO’s investment will help expand ActiveScaler’s platform and technologies, which simplify and better customize shared mobility experiences. The agreement also will help accelerate deployment of Managed MaaS systems for leading mobility operators and fleet service providers.

With the increase in global demand for more scalable and efficient services for moving people and goods, ActiveScaler’s technology will help enhance growth and simplify implementation with a modular set of components that enable mobility service providers and fleet managers to tailor MaaS solutions to their specific business needs.

“DENSO’s focus is to develop technologies that advance the future of mobility, and enable connected and automated driving,” said Yoshifumi Kato, Senior Executive Director at DENSO Corporation. “These technologies directly influence the development of MaaS systems, which will disrupt the future of urban mobility for people and goods by making transportation solutions more seamless and accessible. ActiveScaler will help fleet operators accelerate new business opportunities by integrating the emerging MaaS ecosystem with higher performance and faster time to market.”

Tony Cannestra, Director of Corporate Ventures for DENSO, emphasized the importance of collaboration for innovative technology development. “Technologies that simplify and better customize shared mobility experiences are a key focus area for DENSO, and we will strongly support those technologies with strategic investments and boundary-pushing collaborations,” said Cannestra. “ActiveScaler’s robust platform has the potential to impact how commercial fleets navigate city streets around the world, and we look forward to seeing how our technologies can help.”

“We want to be the engine behind the future of MaaS – hence the term “Managed MaaS”, which will transform current fleet businesses to provide next generation mobility services,” said Abhay Jain, CEO of ActiveScaler. “Traditional fleet management services and systems are quickly becoming obsolete because of issues like high upfront software and hardware costs, poor ecosystem integration, and lack of flexibility, which are limiting the type and quality of services that can be offered.

“Our new AI-powered technology and fresh approach provides the ability to build end-to-end MaaS businesses featuring advanced analytics and automation, high security, and regulatory compliance while reducing environmental impact. This is essential for current as well as future businesses built around multi-mode transportation and autonomous vehicles,” added Jain.

DENSO continues to evaluate technology investment opportunities, including both core automotive solutions and innovative technologies with potentially significant implications for the future of transportation.

Opportunity for Startups at CES 2018

DENSO plans to expand its venture capital investments in a broad range of new technologies to make a world of self-driving, truly connected cars a reality. Startups attending CES can sign-up for a 20-minute pitch meeting by visiting www.densomedia-na.com/cesstartups. Meetings will take place on Wednesday, January 10 and Thursday, January 11 from 1-4pm PST at DENSO’s CES exhibit in LVCC, North Hall #7917.

About DENSO in North America

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

 

About DENSO Worldwide

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

About ActiveScaler Inc.

ActiveScaler exponentially improves the flow of people and goods for transportation providers. The company’s Managed Mobility-as-a-Service (Managed MaaS) product suite includes FleetFactor™, In-Motion™ global platform and API, and IMBOT™ that revolutionize mobility by automating operations management with contextual analytics, machine learning and artificial intelligence. Transportation providers can readily improve and expand service offerings while making sense of a growing stream of real-time data. ActiveScaler focuses on serving a range of transportation providers from individual mobility operators to multi-mode integrators and large scale commercial fleets. For more information, please visit www.activescaler.com.

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DENSO and Kyoto University Startup FLOSFIA will Develop Next-Gen Power Semiconductor Device for Electrified Vehicles

Press Releases

KARIYA (Japan) ― DENSO Corporation, one of the world’s largest automotive suppliers, and FLOSFIA Inc., a tech startup spun from Kyoto University, are partnering to develop a next-generation power semiconductor device expected to reduce the energy loss, cost, size and weight of inverters used in electrified vehicles (EVs). Through the joint development project, the two companies aim to improve the efficiency of EV power control units, a key to drive widespread EV use, and usher in a future of safer, more sustainable mobility.

In addition to the joint development partnership, DENSO has acquired new shares issued by FLOSFIA in its Series C funding round.

Professor Shizuo Fujita at Kyoto University pioneered the application of corundum structured gallium oxide (α-Ga2O3) for use in semiconductors. α-Ga2O3 semiconductors provide superior performance to other semiconductors on the market. These semiconductors have a wide bandgap of 5.3 eV and high electric breakdown field strength, meaning they can better withstand high voltage applications. α-Ga2O3 will replace today’s current silicon (Si) and silicon carbide (SiC) power semiconductors and help further develop the technologies that make tomorrow’s electrified vehicles a reality.

Originally established at Kyoto University in 2011, FLOSFIA is a world leader in R&D and commercializing α-Ga2O3. Aligning with its vision to create the future of mobility through Connected, Automated Drive, and Electrification technologies, DENSO became interested in FLOSFIA’s technology. The two will further research and develop technology in high-voltage products for hybrid and electric vehicles, including semiconductors.

Since 2007, DENSO has provided power control units (PCUs) for hybrid and electric vehicles. PCUs use an inverter to control the power supplied from the battery to the motor generator. To use electric energy more efficiently, energy losses during the DC to AC conversion by the inverter must be reduced, and so DENSO is conducting R&D on low-loss power semiconductors.

Financial terms of the investment were not disclosed. 

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and four affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

About FLOSFIA Inc.

FLOSFIA Inc., headquartered in Kyoto, Kyoto prefecture, Japan, is a spin-off from a research of Kyoto University, specializing in film-formation by mist chemical vapor deposition (CVD). Making use of physical properties of gallium oxide (Ga2O3), FLOSFIA has devoted to development of low-loss power devices. FLOSFIA succeeded in a development of a Schottky Barrier Diode (SBD) with the lowest specific on-resistance of any SBDs currently available on the market (through an internal investigation), realizing technologies linked to power loss reduction that is reduced up to 90 percent less than before. Flosfia will now develop its own production lines with a view to launching commercial production in 2018.FLOSFIA produces a variety of thin films, enhancing MISTDRY™ technology, achieving commercialization of power devices, and realizing application of its technology to electrode materials, oxide compounds with functional properties for electronic devices, plating and polymers. For more information, go to http://www.flosfia.com/

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NEC-DENSO Joint Venture to Explore Connected Car Tech

In the News

NEC has found an onramp into the emerging smart cars market with a new joint venture. NEC-DENSO Joint Venture to Explore Connected Car TechThe company’s subsidiary, NEC Platforms, has teamed up with automotive components supplier DENSO Corporation to form DENSO Next Co. Ltd.

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Denso buys into ride-share software provider

In the News

Japanese supplier Denso Corp. has acquired an equity stake in Ridecell, a supplier of operating platforms for ride-sharing networks.

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DENSO invests in Mobility as a Service Company Ridecell

NA NewsPress Releases

SOUTHFIELD, Mich. – Global automotive supplier and technology leader DENSO continues to re-shape how we navigate everyday life by developing solutions in-house and through strategic investments. Today the company announced it will invest in Ridecell, the leading platform for carsharing and ridesharing operators, as a significant contributor to the company’s recent Series B funding round.

Ridecell technology provides an easy platform for automakers, auto dealerships, and other new mobility providers to launch and operate mobility solutions, such as carsharing or ridesharing programs. To-date, DENSO has now provided funding to startups focusing on four core areas: autonomous driving, connected vehicles, cybersecurity, and mobility and IoT.

“The transportation and automotive startup community has transformed over the past few years, and mobility is at the core,” said Tony Cannestra, Director of Corporate Ventures at DENSO. “Established industry leaders and startups need to work together to craft products and solutions ushering in the future of transportation. DENSO believes that Ridecell provides a foundational technology for the future of mobility.”

Ridecell integrates technology to automate the end-to-end process of carsharing or ridesharing programs, from registration to scheduling and payment. DENSO’s investment will help mature the company’s offerings.

“Ridecell and DENSO share a vision of safer, more efficient and sustainable mobility solutions,” said Aarjav Trivedi, CEO of Ridecell. “Through our corporation with DENSO, we’ll continue to develop a platform making it easier for cities, campuses and mobility providers to build and scale carsharing and ridesharing programs.”

The investment represents the latest milestone fulfilling DENSO’s goal to bring innovative solutions to market that benefit the automotive industry and consumers. DENSO opened a Silicon Valley office in 2011, and in 2014 created a dedicated team to pursue investment opportunities with entrepreneurs and startup companies. DENSO also lends expertise and monetary support at three technology incubators – Lemnos Labs, Prospect Silicon Valley and NextEnergy.

The company continues to evaluate new solutions and investment opportunities in Silicon Valley, Detroit and beyond as part of its innovation efforts. 

About DENSO in North America

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

DENSO Worldwide

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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DENSO acquires Holland-based tech startup

In the News

HOLLAND — In a move into smartphone-based automotive technology, auto parts supplier DENSO International America Inc. on Thursday acquired a Holland-based tech startup.

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BlackBerry, Denso partner to create better instrument, infotainment systems

In the News

BlackBerry Ltd. has teamed with Japanese Tier 1 supplier Denso to develop what they say is the world’s first integrated automotive human machine interface (HMI) platform, which promises to lower costs for increasingly complex instrument clusters and infotainment systems.

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DENSO and BlackBerry Partner to Develop World’s First Integrated Automobile HMI Platform

Press Releases

KARIYA, Japan and WATERLOO, ONTARIO – DENSO Corporation and BlackBerry Limited (NYSE: BB; TSX: BB) announced today the companies have jointly developed the world’s first integrated HMI (Human Machine Interface) platform. Intel Corp. also collaborated in the development of this product.

The integrated HMI platform will enable a system which optimally cooperates and coordinates various HMI products such as display and sound inside the automobile cockpit at a low price. The integrated HMI platform will appear in successive car models scheduled for release after 2019.

With the improvement of automobile safety and convenience in recent years, the amount of data the vehicle transmits to the driver is increasing. Today, vehicles are equipped with multiple HMI systems, which require several device-specific operating systems (OSes) to work in unison. Because the OSes are independently controlled by multiple microcontrollers, it has not been possible to cooperate and coordinate them to display content and sound uniformly.

The integrated automotive HMI platform is believed to be the first of its kind and was developed by DENSO and BlackBerry using BlackBerry’s QNX Hypervisor for virtualization and the Intel Atom® processor A3900 series. The hypervisor technology enables the independence of several OSes with different characteristics and controls the integration with one microcomputer.

This architecture allows various HMI products to cooperate allowing necessary information to be displayed to the appropriate devices with appropriate timing. For example, it will be possible to communicate a heads-up or a warning through easy-to-understand expressions on the display with the appropriate timing. Additionally, through cooperation between instrument cluster and navigation center displays, it is now possible to show animation with a sense of unity between the navigation screen in the meter screen. Furthermore, by updating the performance of one microcomputer the processing performance for screens of both devices is updated which contributes to improved increase in R&D productivity and cost reduction.

“DENSO has developed various HMI products, such as instrument clusters, car navigation systems and head-up displays that contribute to the safety and the convenience of automobiles,” said Yukihiro Kato, senior executive director, Information & Safety Systems Business Group of DENSO. “Leveraging the technology and know-how acquired through the development of these products, we have developed an information management HMI technology that will support the evolution of automobiles in collaboration with BlackBerry QNX and Intel.”

“While cluster, head unit, infotainment, and entertainment screens are all part of a new digital user experience in the car, they can’t be developed in isolation and need to work in tandem,” said John Wall, SVP and GM of BlackBerry QNX. “With help from DENSO and Intel, BlackBerry QNX will provide a highly functional, virtual cockpit including a safety-certified digital instrument cluster that will be the new gold standard in the automotive industry. We look forward to working with them on many more projects in the future.”

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica. 

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

About BlackBerry

BlackBerry is a cybersecurity software and services company dedicated to securing the Enterprise of Things. Based in Waterloo, Ontario, the company was founded in 1984 and operates in North America, Europe, Asia, Australia, Middle East, Latin America and Africa. The Company trades under the ticker symbol “BB” on the Toronto Stock Exchange and New York Stock Exchange. For more information, visit www.BlackBerry.com.

BlackBerry and related trademarks, names and logos are the property of BlackBerry Limited and are registered and/or used in the U.S. and countries around the world. All other marks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

Media Contacts:
BlackBerry Media Relations
(519) 597-7273
mediarelations@BlackBerry.com

DENSO PR Contact
https://www.denso.com/global/en/contact-us/news

Investor Contacts:
BlackBerry Investor Relations
(519) 888-7465
investor_relations@BlackBerry.com

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DENSO acquires InfiniteKey, Inc. to advance keyless automotive experience

NA NewsPress Releases

SOUTHFIELD, Mich. DENSO, one of the world’s largest automotive technology, systems and components suppliers, has acquired Holland, Mich.-based InfiniteKey, Inc., along with several key patents and R&D resources. The acquisition provides foundational pieces to developing phone-as-a-key technology and increases DENSO’s lead in developing and deploying smartphone-based automotive access, a critical component of the company’s strategy to create a future with frictionless mobility. This type of technology will become increasingly important for automakers, as ridesharing and driverless services progress beyond the need for keys.

“When we consider the future of mobility, the customer experience is always at the forefront of our design. Eliminating the need for physical keys will create a headache-free experience for car owners, and ridesharing and driverless services users,” said Bill Foy, senior vice president of Engineering, DENSO International America. “This acquisition brings us one step closer to making this experience a reality and advancing vehicle access technologies.”

InfiniteKey has developed advanced techniques for microlocating smartphones relative to vehicles using standard Bluetooth Low Energy (BLE). This technology allows automakers to rely on phones as passive keys, in the same way they rely upon dedicated passive key fobs today. Unlike key fobs, however, phones as passive key systems enable a broad range of mobility services, such as ridesharing and driverless services.

“This acquisition demonstrates DENSO’s aggressive approach to supporting startups and technologies we view as significantly valuable for the future of the transportation industry,” said Tony Cannestra, director of Corporate Ventures, DENSO International America. “Whether it’s through direct investment or acquisition, DENSO will find a way to support and partner with companies to help transform mobility.”

Kevin Virta, CEO of InfiniteKey, expressed his team’s enthusiasm for joining forces with DENSO. “Becoming part of DENSO, with its global reach and world-class engineering, means our phone-as-a-key technology can reach the broadest possible penetration in the automotive market,” said Virta. “We are looking forward to making significant contributions to DENSO’s efforts to lead the way in automotive technologies of the future.”

InfiniteKey has been acquired by DENSO International America, DENSO’s North American regional headquarters, and is now a satellite office. DENSO completed its transaction of InfiniteKey in October 2017. Terms were not disclosed.

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North

American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica. 

DENSO Worldwide

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

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Tech startup sells to global auto company

In the News

DENSO, an automotive technology company, said today it acquired Holland-based InfiniteKey, along with several patents and R&D resources.

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No More Car Keys? There’s a Smartphone App for That

In the News

The clunky key fob needed to enter or start cars could be joining the cassette player and other outdated components in the automotive history books.

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Denso buys InfiniteKey, eyes smartphone as key tech for autos

In the News

Auto system supplier Denso bought InfiniteKey to leverage smartphones, Bluetooth Low Energy, and back-end cloud services at scale.

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Denso acquires mobile phone software maker InfiniteKey

In the News

Denso International America Inc. announced this week it acquired Holland-based mobile phone software maker InfiniteKey Inc. Terms of the deal, which was completed on Oct. 27, were not disclosed.

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Denso, Toyota intro test to analyze IoT data with quantum computer

In the News

Denso and Toyota Tsusho, a member of the Toyota Group, announced Wednesday they will conduct the first test using a quantum computer to process data from a traffic IoT platform, including vehicle location and travel data of roughly 130,000 commercial vehicles in Thailand.

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DENSO and Toyota Tsusho to Conduct a Test Applying a Quantum Computer to Analyze IoT Data with a Commercial Application

Press Releases

KARIYA (Japan) ― DENSO Corporation and Toyota Tsusho Corporation today announced to conduct the world’s first test using a quantum computer to process data from a traffic IoT platform. The companies will process vehicle location and travel data in real-time from about a130,000 commercial vehicles in Thailand, aiming to establish best practices for quantum computer applications in transportation.

This type of technology will be essential in the connected era, when vehicles and mobility systems need to process large amounts of data in real-time. DENSO will present the concept and overviews at the International Consumer Electronics Show (CES 2018) in Las Vegas, Nevada, United States from January 9 to 12, 2018.

The test will collect and analyze location information from about 130,000 taxis and trucks in Thailand through cloud-based quantum computer devices developed by Canada-based D-Wave Systems Inc. DENSO and Toyota Tsusho will also implement quantum computer-based data analysis and processing technologies from TSquare, a traffic information service application from Toyota Tsusho group company Toyota Tsusho Nexty Electronics (Thailand) Co., Ltd. DENSO will create an algorithm to process and analyze quantum computer-based data, and Toyota Tsusho will integrate the algorithm into a new application on TSquare’s platform. Findings will help guide application development to make transportation more efficient, from traffic decongestion to route optimization for emergency vehicles.

Unlike conventional computers, quantum computers perform calculations to find an enormous number of combinations simultaneously, and can analyze certain data more than 100 million times faster than conventional computers. Algorithms like the one DENSO will develop will also be key to translate the calculations into decisions, making the future of mobility a reality.

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

About Toyota Tsusho Corporation

Toyota Tsusho Corporation was founded in 1948 as the trading company for the Toyota Group. Today, Toyota Tsusho operates in more than 120 countries with approximately 58,000 Group employees, all striving to contribute to the creation of prosperous societies. Toyota Tsusho continues to expand as a global leader in vehicle exports and automobile production support. The company has seven operating divisions (Metals/ Global Parts & Logistics/ Automotive/ Machinery, Energy & Project/ Chemicals & Electronics/ Food & Consumer Services/ Africa) focused around three business fields. These are the Mobility field, which contributes to future convenient societies, the Resources & Environment field, which ensures sustainable societies, and the Life & Community field, which supports comfortable and healthy lifestyles.

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica. 

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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DENSO to Demonstrate Latest Connected and Autonomous Vehicle Innovations at CES 2018

Press Releases

KARIYA (Japan) ― DENSO Corporation today announced that it will exhibit at CES 2018 at the Las Vegas Convention and World Trade Center in Las Vegas, Nevada from Tuesday, January 9 to Friday, January 12, 2018. At the exhibition, DENSO will present its future of mobility and connected and automated driving technologies.

DENSO focuses on developing technologies for safer, more comfortable and convenient mobility. Simulators at DENSO’s CES booth will show how core connected and automated drive technologies, and the concept of shared mobility deliver on this promise.

Connected vehicle information and communications systems
DENSO’s 5G-based high-speed and large-capacity communications systems are essential to achieve connected cars. DENSO’s quantum computing algorithms also deliver crucial connected services, like solutions that alleviate traffic congestion.

Human Machine Interface (HMI)
DENSO’s latest HMI technologies, such as organic EL display, manage and display information related to driving safety and cockpit environment to the driver using the safest, most appropriate device.

Driving environment recognition
DENSO’s AI-powered technology adjusts the vehicle environment based on changing road conditions. DENSO will also exhibit automated driving technology that recognizes obstacles and movement of other vehicles to automatically determine the optimal route.

About DENSO in North America
DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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Artificial Intelligence to Bio Scanners: DENSO Broadens Investment in Startups to Make the Future of Transportation a Reality

NA NewsPress Releases

SOUTHFIELD, Mich. (December 7, 2017) DENSO, one of the world’s largest automotive suppliers, plans to expand its venture capital investments in a broad range of new technologies to make a world of self-driving, truly connected cars a reality. CES 2018 will provide a glimpse of the present and future for these innovations, including both core automotive startups and innovative technologies from bio sensors to cybersecurity with potentially huge applications for the way we get around. Three successful DENSO ventures will demonstrate at the company’s CES exhibit, while the next wave of early-stage startups can pitch DENSO’s venture capital head, Tony Cannestra.

“DENSO’s vision for the future of mobility goes beyond automotive, and it will take the combination of a broad range of emerging technologies to make that vision a reality,” said Tony Cannestra, director of Corporate Ventures at DENSO. “This year we’ll look especially at companies tackling automated driving, cybersecurity and both biometric and vehicle sensors, including LIDAR and radar. Our CES meetings will play a big role in decisions over the next year.”

The CVC Group led by Cannestra typically invests between $1 – $4 million in early stage startups working on technologies that are strategically relevant to the transportation industry. Currently, DENSO has a portfolio of more than 10 startup investments and is aggressively seeking to expand its investment efforts.

Startups attending CES can sign-up for a 20-minute pitch meeting by visiting www.densomedia-na.com/cesstartups. Meetings will take place on Wednesday, January 10 and Thursday, January 11 from 1-4pm PST at DENSO’s CES exhibit in LVCC, North Hall #7917.

DENSO’s startup investments target innovative technologies with applications in connectivity, autonomous drive, shared mobility and electrification (CASE). Recently, DENSO has also announced several investments in R&D and manufacturing CASE technologies. That includes a $4.3 billion global R&D commitment and $1 billion investment in its largest US manufacturing facility to produce electrification and safety technology. DENSO’s startup investments complement R&D and production, all aiming to bring new solutions to market that benefit automakers and consumers.

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

DENSO Worldwide

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

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DENSO to Integrate Business with ASMO Co., Ltd.

Press Releases

KARIYA (Japan) ―DENSO Corporation today announced that it has concluded a basic agreement for business integration with ASMO Co., Ltd., one of DENSO’s consolidated subsidiaries, effective April 1, 2018 (planned).

ASMO is one of DENSO’s consolidated subsidiaries in which DENSO and DENSO International America, DENSO’s wholly owned subsidiary in North America, have a combined stake of 92.38 percent. The main business of ASMO is developing, manufacturing, and selling small motor system products for automobiles.

Recently, the development of electrification and automated driving technologies has been accelerating. To achieve more environment-friendly and safer mobility, it is essential to improve the performance and reliability of motors which are important components in electrification and automated driving systems.

In the DENSO Group, the small motor business and large high-power motor business have been operated by ASMO and DENSO, respectively. Technology development for high-precision and high-value-added motors will require sophisticated technical innovation and product development for vehicles focusing mainly on electromechanical products. The decision on business integration is intended to achieve this goal by combining the strengths in motor technologies acquired over the years by both companies.

The integration of the motor business will enhance collaboration with DENSO’s respective business groups to accelerate and upgrade technological development. DENSO remains committed to strengthening technological development of electrification and automated driving systems and realizing more environment-friendly, safer, and more comfortable mobility.

The profile of the joint venture is ASMO Co., Ltd.

1. Name: ASMO CO., LTD.
2. Location: 390, Umeda, Kosai City, Shizuoka
3. President: Shingo Kuwamura
4. Business description: Auto parts manufacturing and sales
5. Capital: 4,500 Million yen (approximately US$ 40 million)
6. Establishment: April, 1979
7. Ownership: DENSO Corporation      79.80%

DENSO International America Inc. 12.58%

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

 

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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DENSO and NEC Establish a Joint Venture to Develop Essential Connectivity Technologies for Cars of the Present and Future

Press Releases

KARIYA (Japan) ― DENSO Corporation and NEC Platforms, Ltd., a subsidiary of NEC Corporation, today unveiled a new joint venture, DENSO NEXT CO., LTD. The company will develop in-vehicle information and communications equipment critical for fostering a truly connected environment inside vehicles, such as instrument clusters, head-up displays, and on-board communication equipment. The company will start operations on December 1, 2017.

The recent cockpit innovation and advancement of connected technologies have made communication between products in the cabin more complicated, rapidly increasing the need to develop in-vehicle products more efficiently. DENSO NEXT will harness DENSO’s advanced automotive engineering and manufacturing capabilities, and NEC Group’s advanced technologies and track record in the information and communications technology (ICT) business to quickly design and bring to market advanced in-vehicle equipment.

DENSO NEXT will be located on the premises of NEC’s Tamagawa Plant in Kawasaki, Kanagawa, Japan. The innovations developed by DENSO and NEC Platforms engineers will enable DENSO to more efficiently produce existing information and communications equipment, and to create new products in line with vehicle cockpit advancements.

DENSO NEXT combines DENSO’s deep experience with automotive components and NEC and NEC Platforms’ expertise in IT and network technologies and experience in developing automotive components. NEC and NEC Platforms have expertise in ICT and conventional in-vehicle equipment through their development of wireless communication and software products. Their expertise will be applied to achieve further advancement of in-vehicle equipment that requires high reliability and long-term assurance.

In December 2016, DENSO and NEC started to collaborate in advanced driver assistance, automated driving, and manufacturing using AI and IoT. The two companies will take full advantage of technologies, products, and organizations created through the collaboration to help create a safe and secure automotive society for all people around the world.

The profile of the joint venture is as follows.

1. Name: DENSO NEXT CO., LTD.
2. Location: 1753 Shimonumabe, Nakahara-ku, Kawasaki, Kanagawa, Japan (on the premises of NEC’s Tamagawa Plant)
3. President: Takahira Katoh
4. Establishment: November 24, 2017
5. Capital: 15 million yen (approximately US$133,000)
6. Ownership: 51% owned by DENSO, 49% by NEC Platforms
7. Employees: 50 employee (Projected as of September 2018)
8. Business description: Development of in-vehicle information and communications equipment

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

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

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

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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Denso Claims World’s Largest Auto Head-up Display

In the News

Denso announces it has developed a thin-film transistor enabling it to produce what it says is the world’s largest automotive head-up display, a human-machine interface with a nearly 24-in. (61-cm) projection.

View Original Article

DENSO Increases Stake in FUJITSU TEN, Company Renamed DENSO TEN

Press Releases

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

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

Changes in the stakes (capital structure)

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

 

[Reference] Profile of DENSO TEN

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

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

The details are provided on the DENSO TEN website.

DENSO TEN website.

DENSO Announces 360 Degree Photography for Electronic Cataloging

NA NewsPress Releases

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

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

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

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

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

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

About DENSO in North America

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

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

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DENSO Celebrates Three Milestone Product Anniversaries

NA NewsPress Releases

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

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

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

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

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

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

About DENSO in North America

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

www.facebook.com/DENSOinNorthAmerica.

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

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DENSO Announces Long-term Policy 2030 and Long- term Plan 2025

Press Releases

KARIYA (Japan) ― DENSO Corporation today announced that it has formulated the DENSO Group Long-term Policy 2030, which defines business goals to achieve by 2030, and the DENSO Group Long-term Plan 2025, which sets forth milestones to achieve these goals.

  1. Long-term Policy 2030: Bringing hope for the future for our planet, society and all people 

DENSO strives to enrich society with new offerings that enhance mobility and achieve sustainability, happiness and peace of mind for everyone.

With the Long-term Policy 2030 as a guide, DENSO will focus on translating its expertise and technological achievements into environmental benefits and greater peace of mind. DENSO will craft inspiring products that make mobility something to smile about for people everywhere.

  1. Long-term Plan 2025

The Long-term Plan 2025 sets milestones for achieving goals defined in the Long-term Policy 2030.

DENSO will generate revenue of seven trillion yen and operating profit of 10% by achieving growth in new fields of mobility, such as electrification and automated driving. To this end, DENSO will focus on four fields: electrification, automated driving, connected driving and non-automotive businesses (factory automation and agriculture). Part of this plan involves reforming DENSO’s management structure to achieve speed and business agility.

Management Reform: Five Pillars

1) Enhancement of vehicle perspective and cross-sector functions

DENSO will enhance the system for developing integrated platforms and promote cross-functional activities among its business fields, including ECUs, semiconductors, sensors and motors.

2) Advanced R&D function to realize agile development globally

To quickly predict and verify the early signs and results of innovation around the world, satellite facilities for R&D will be established within and outside of Japan.

3) Business Unit evolution and smaller but stronger headquarters

More discretion and autonomy will be given to business units to promote speedy business management and innovation. The head office will be streamlined to form a team that can create new value at extraordinarily high speed.

4) Global management with optimal use of group and regional power

Directors of respective regional headquarters will operate the business based on quick decision making by taking regional characteristics into account to achieve truly independent management by region.

5) Way of working with tremendous speed and efficiency

DENSO will enhance business processes, HR systems and information systems to promote a culture of speed and efficiency.

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica. 

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

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DENSO Announces First-half Financial Results

Press Releases

KARIYA (Japan) ―Global automotive supplier DENSO Corporation today announced its global financial results for the first half of the fiscal year that ends March 31, 2018:

  • Consolidated revenue totaled 2,363.5 billion yen (US$21.0 billion), a 8.6 percent increase from the previous year.
  • Consolidated operating profit totaled 204.4 billion yen (US$1.8 billion), a 43.3 percent increase from the previous year.
  • Consolidated profit attributable to owners of the parent company totaled 154.2 billion yen (US$1.4 billion), a 58.2 percent increase from the previous year.
  • Annual dividend payment will be 130 yen per one stock, a 5 yen increase from the previous forecast on each of interim and fiscal year-end

“DENSO’s revenue increased due to an increase in vehicle production, as well as sales expansion. DENSO’s operating profit also saw an increase due to the production volume increase and company cost reduction efforts,” said Koji Arima, president and CEO of DENSO Corporation.

In Japan, a rise in vehicle production resulted in an increase in revenue to 1,406.9 billion yen (US$12.5 billion), an 8.9 percent growth from the previous year. As a result of the increase in production volume and cost reduction efforts, the operating profit totaled 105.5 billion yen (US$935.8 million), a 100.7 percent increase from the previous year.

In North America, a sales expansion led to an increase in revenue to 548.1 billion yen (US$4.9 billion), a 6.1 percent increase from the previous year. On the other hand, the operating profit totaled 20.8 billion yen (US$184.5 million), which resulted in a 29.5 percent decrease from the previous year due, which is attributed to depreciation increases.

– more –

In Europe, the slight rise in vehicle production by the moderate recovery of the market led to an increase in revenue to 309.9 billion yen (US$2.7 billion), a 10.6 percent increase from the previous year. Due to depreciation increases, operating profit decreased to 8.9 billion yen (US$78.7 million), a 5.1 percent decrease from the previous year.

In Asia, an increase in both vehicle production and sales expansion resulted in an increase in revenue to 619.2 billion yen (US$5.5 billion), a 14.8 percent rise from the previous year. As a result of the increase in production volume, an operating profit totaled 62.8 billion yen (US$557.5 million), a 36.3 percent growth from the previous year.

In other areas, mainly the South American region, including Brazil and Argentina, revenue totaled 40.4 billion yen (US$358.7 million), a 32.7 percent increase from the previous year. The operating profit totaled 7.1 billion yen (US$62.8 million).

“After considering our first-half financial results, and the latest movement in the foreign exchange markets, we have revised up our full-year financial result forecasts. We also revised up dividend payment for both of interim and fiscal year-end,” said Koji Arima.

(Foreign exchange rates used for the full-year are US$= 111 yen, Euro= 126 yen)

Forecast for Fiscal Year Ending March 31, 2018

Full-Year Forecast
(Original)
Full-Year Forecast
(Revised)
Revenue 4,740 billion yen
[US$42.0 billion]
5,000 billion yen
[US$44.4 billion]
Operating profit 353 billion yen
[US$3.1 billion]
390 billion yen
[US$3.5 billion]
Profit before income taxes 388 billion yen
[US$3.4 billion]
430 billion yen
[US$3.8 billion]
Profit attributable to owners of the parent company 280 billion yen
[US$2.5 billion]
300 billion yen
[US$2.7 billion]

 

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica. 

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

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TrafficCast and DENSO to Introduce New Hybrid Roadside Device that Connects Mobile Devices and Connected Vehicles with IoT Data Collection and Analysis

NA NewsPress Releases

MADISON, WI and SOUTHFIELD, MI – October 30, 2017TrafficCast and DENSO, one of the world’s largest automotive technology, systems and components suppliers today announced at the ITS World Congress in Montreal, the signing of a Joint Development Agreement. The collaboration will combine TrafficCast’s market leading Bluetooth® signal detection with DENSO’s Dedicated Short Range Communications (DSRC) device that is critical to V2X communications needed for Connected and Autonomous Vehicles (CAV).

The innovation enables complementary sensor functionality in a single roadside device by combining two wireless technologies, TrafficCast’s BlueTOAD® Spectra RSU (2.4 GHz) system with DENSO’s DSRC (5.9 GHz) technology. The device will guide safety and mobility applications for CAV initiatives, while also providing synchronization with transportation agency Travel Time and Performance Measures objectives.

“The collaboration between TrafficCast and DENSO specifically addresses current needs in the ITS industry, and adds value to the Connected and Autonomous Vehicle initiatives of our customers and end-users in the public and private sectors,” said Al McGowan, CEO of TrafficCast.

Roger Berg, Vice President, North America Research & Development for DENSO International America, Inc. added, “This collaboration allows us to work together on the vehicle and data analytics side to innovate newer services – ones which we don’t even know exist yet – where the additional information gathered by a much richer data set from DSRC would enhance any number of transportation safety and efficiency measures.”

The collaboration will extend to the BlueARGUS™ traffic analytics software which currently supports BlueTOAD. BlueARGUS will be optimized for travel-time and CV data visualization using paired and unpaired Bluetooth detection, along with traffic signal phase and timing (SPaT) and Basic Safety Message (BSM) data. By implementing this integrated safety and mobility traffic monitoring system, traffic agencies and planners can attain ROI on day one for their adoption of performance measures evaluations and connected vehicle initiatives. 

About TrafficCast: TrafficCast provides travel time forecasting, road speed monitoring and other traffic-related information, with technology, applications and content based on advanced digital traffic data. TrafficCast informs navigation and driver information services for a range of providers serving the interactive, mobile, enterprise markets and the public sector. TrafficCast’s BlueTOAD™ travel time system is the market leader in Bluetooth® signal detection technologies, used in performance measures assessments to manage travel times, road speeds and route choice behaviors. The company is based in Madison, Wisconsin, with offices in Philadelphia, Atlanta, Chicago, Washington, California, Florida, Colorado and Shanghai. For more information go to www.trafficcast.com/spectrarsu

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

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

 

 

DENSO to Focus on Technologies to Advance Future Mobility at 24th ITS World Congress 2017 Montréal

Press Releases

KARIYA (Japan) ― DENSO, one of the world’s largest automotive technology, systems and components suppliers announced it will exhibit at the 24th ITS World Congress 2017, October 29 to November 2, in Montréal, Canada, under the theme “Automated Driving, Connected Driving Technologies and Systems for Safe and Reliable Mobility.” DENSO’s exhibit is located in booth 600. 

DENSO is focused on developing automated driving technologies that will help to deliver safe, reliable and flexible mobility for all people, as well as enable the efficient transportation of goods.

In addition to automated driving, connected driving is another area where DENSO sees an opportunity to create new value. While connected vehicles will help to provide a more comfortable and convenient automotive society, connected driving also presents unique challenges for security. DENSO is working on cybersecurity technologies to address these emerging threats.

DENSO also will exhibit the fundamental products in these areas, such as the Advanced Driver Assistance Systems (ADAS) Locator and in-vehicle V2X devices. Visitors will be able to experience Artificial Intelligence (AI) technologies for assisting decision-making depending on the driving environment such as changing lanes, merging, and for preventing careless, distracted, and inattentive driving.

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.

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica. 

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

 

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DENSO Develops World’s Largest Automotive Head-up Display

Press Releases

KARIYA (Japan) ― DENSO, one of the world’s largest automotive technology, systems and components suppliers, today announced it has developed a thin-film transistor (TFT), liquid-crystal head-up display (HUD) to project critical driving information onto the windshield for drivers. This human machine interface (HMI) is the world’s largest automotive head-up display* with a nearly 24-inch projection. The product will be released in November 2017 and featured on the new 2018 Lexus LS.

DENSO’s new HUD projects a virtual screen approximately three meters ahead of the driver, enabling the driver to more intuitively access key information about the vehicle and its surroundings without changing direction of gaze. The technology displays not only basic information, such as speed limits and the vehicle’s driving speed, but also the locations of pedestrians through external sensors. It also provides lane guidance assistance by using an automotive navigation system featuring an arrow indicating the appropriate lane to follow at junctions and intersections.

Additionally, the HUD takes into consideration the relative position of information displayed, its colors and other visual effects – all without obstructing driving. Its display is brighter than conventional HUDs to ensure screen visibility in bright, daytime conditions.

HUDs do not require drivers to look far away from the road, and thus are expected to emerge as a key technology for manufacturers across the globe. DENSO has produced HUDs since 1991 and will continue to develop and provide innovative safety products as it pursues creating a society free from traffic accidents.

* Investigated by DENSO as of October 2017

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica. 

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

 

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DENSO Wins Medals at the 44th WorldSkills Competition

Press Releases

 KARIYA (Japan) ―DENSO Corporation and DENSO’s subsidiary DENSO E&TS Training Center, which is responsible for providing engineering and technical training for DENSO employees, won gold medal in the Manufacturing Team Challenge, and bronze medal in the Mobile Robotics categories at the 44th WorldSkills Competition. The competition was held in Abu Dhabi, United Arab Emirates, October 14-19.

This year, DENSO participants from Japan, Thailand, Indonesia, Vietnam and Mexico competed in eight categories: Polymechanics and Automation; Manufacturing Team Challenge; Electronics; Mobile Robotics; Industrial Mechanics Millwright; CNC Turning, CNC Milling, and Industrial Control. DENSO won the gold medal in the Manufacturing Team Challenge

The WorldSkills Competition, first held in Spain in 1950 and held every two years, is a premier world event for skills recognition and advancement. For most categories, participants must be no older than 22 years of age. In order for participants to be eligible to compete in the WorldSkills Competition, they must win first place in the most recent competitions held in their home country or region. This year, approximately 1,300 people from 60 countries and regions tested their skills by competing in 51 categories.

DENSO has participated in the WorldSkills Competition since 1971. To date, DENSO employees have won 32 gold medals, 16 silver medals, and 15 bronze medals.

Since the establishment of its Technical Training Center* in 1954, DENSO has been focusing on developing skilled technicians and passing on manufacturing expertise to future generations.

* DENSO’s Technical Training center is now the technical skill development division of DENSO E&TS Training Center Corporation.

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

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

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DENSO to Exhibit Newest Mobility Technologies, Virtual Reality Experiences at 45th Tokyo Motor Show

Press Releases

KARIYA (Japan) ― DENSO Corporation will offer immersive exhibits at the 45th Tokyo Motor Show at the Tokyo International Exhibition Center, commonly known as Tokyo Big Sight, from Friday, Oct. 27 to Sunday, Nov. 5.

DENSO is committed to developing the core technologies that are required to improve mobility in the future, and had identified three priority fields: “DENSO Automated Driving,” “DENSO Efficient Driving,” and “DENSO Connected Driving.”

At the event, DENSO will present its vision for these key technology fields using a wireless and mobile virtual reality system and by displaying a mock-up car featuring DENSO’s latest innovations. The company will hold a press conference to unveil its vision.

Press conference details:

  • Thursday, Oct. 26, 11:00 – 11:15 a.m.
  • Speaker: Koji Arima, President and CEO, DENSO Corporation

DENSO will be also offering three unique and immersive experience at the event. These include:

  • A virtual reality demonstration titled “Future Tech Lab – Three Secrets of Future Vehicles” where visitors can see DENSO’s latest technology developments firsthand.*
  • A comprehensive explanation of DENSO products that are incorporated into vehicles on the road today that cannot be seen directly via a mock-up car located at the DENSO booth.

TOKYO CONNECTED LAB 2017, which consists of exhibits based on the organizer’s theme of this year’s Tokyo Motor Show, DENSO will demonstrate its approach in the fields of connected mobility; namely, vehicles to vehicles, vehicles to people, and vehicles to society.

DESO Exhibit Locations

  • Tokyo Motor Show: E6203, East Hall 6
  • TOKYO CONNECTED LAB 2017: TCL05, West Hall 4

DENSO Website for Tokyo Motor Show

  • https://tms.denso.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 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

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

 

 

DENSO and FotoNation to Collaborate on Image Recognition Technology

Press Releases

KARIYA (Japan) ― DENSO Corporation, one of the world’s largest automotive technology, systems and components suppliers, and Xperi Corporation (NASDAQ: XPERI), a Silicon Valley-based technology company, today announced DENSO will start joint technology development of cabin sensing with FotoNation, an Xperi group company specializing in image recognition technologies. The partnership will help DENSO significantly improve the performance of its Driver Status Monitor, an active safety product currently used in commercial vehicles. Improvements of such products also will accelerate the development of next-generation products to be used in passenger vehicles, including a system to help drivers return to driving mode during Level 3 of autonomous drive.

This collaboration will combine DENSO’s accumulated experience in improving the robustness of cabin sensing innovations and FotoNation’s sophisticated facial image recognition and neural network technologies. By combining technologies of the two companies, DENSO will be able to achieve the world’s most sophisticated driver status detection, which will not be affected by differences between individual faces, or by sunglasses, masks, and other facial coverings, in the vehicle cabin where environmental light changes dramatically.

Since 2014, DENSO has provided a Driver Status Monitor for heavy trucks and large sightseeing buses. This advanced safety product uses a cabin camera to capture images of the driver and computer vision technology to detect the driver’s face angle to determine the level of drowsiness. Using its proprietary algorithm to carefully analyze the driver’s eye blinking, DENSO’s driver status monitor can detect driver drowsiness and alert the driver when it judges the driver is distracted or falling asleep at the wheel, to help prevent traffic accidents.

With its superior technologies, FotoNation has led computer imaging solutions integration for more than 10 years. FotoNation has maintained market leadership in the mobile image recognition segment and its technologies are installed in various devices such as mobile phones, digital cameras, drones and security cameras, with approximately 25 percent of world’s smartphones using its image recognition technology.

“Understanding the status of the driver and engaging them at the right time is an important component for enabling the future of autonomous driving,” said Yukihiro Kato, senior executive director, Information & Safety Systems Business Group of DENSO. “I believe this collaboration with Xperi will help accelerate our innovative ADAS product development by bringing together the unique expertise of both our companies.”

“We are excited to partner with DENSO to innovate in such a dynamic field,” said Jon Kirchner, CEO of Xperi Corporation. “This partnership will play a significant role in paving the way to the ultimate goal of safer roadways through use of our imaging and facial analytics technologies and DENSO’s vast experience in the space.”

Using FotoNation’s facial image recognition and neural networks technologies, detection accuracy will be increased remarkably by detecting much more features instead of using the conventional detection method based on the relative positions of the eyes, nose, mouth, and other facial regions. Moreover, DENSO will develop new functions, such as those to detect the driver’s gaze direction and facial expressions more accurately, to understand the state of mind of the driver in order to help create more comfortable vehicles.

DENSO will exhibit a prototype next-generation driver status monitor at the Tokyo Motor Show from October 27 to November 5, 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, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center.

About Xperi Corporation

Xperi Corporation (Nasdaq: XPER) and its brands, DTS, FotoNation, HD Radio, Invensas and Tessera, are dedicated to creating innovative technology solutions that enable extraordinary experiences for people around the world. Xperi’s solutions are licensed by hundreds of leading global partners and have shipped in billions of products in areas including premium audio, broadcast, automotive, computational imaging, computer vision, mobile computing and communications, memory, data storage, and 3D semiconductor interconnect and packaging. For more information, please call 408-321-6000 or visit www.xperi.com.

DTS, Xperi and their respective logos are trademarks or registered trademarks of affiliated companies of Xperi Corporation in the United States and other countries. All other company, brand and product names may be trademarks or registered trademarks of their respective companies.

Safe Harbor Statement

This press release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties that could cause actual results to differ significantly from those projected, particularly with respect to the collaboration and development with Denso and the features, benefits and characteristics of the driver status monitor to be developed. Material factors that may cause results to differ from the statements made include the plans or operations relating to the businesses of Xperi Corporation (the “Company”); market or industry conditions; changes in patent laws, regulation or enforcement, or other factors that might affect the Company’s ability to protect or realize the value of its intellectual property; the expiration of license agreements and the cessation of related royalty income; the failure, inability or refusal of licensees to pay royalties; initiation, delays, setbacks or losses relating to the Company’s intellectual property or intellectual property litigations, or invalidation or limitation of key patents; fluctuations in operating results due to the timing of new license agreements and royalties, or due to legal costs; the risk of a decline in demand for semiconductors and products utilizing our audio and imaging technologies; failure by the industry to use technologies covered by the Company’s patents; the expiration of the Company’s patents; the Company’s ability to successfully complete and integrate acquisitions of businesses; the risk of loss of, or decreases in production orders from, customers of acquired businesses; financial and regulatory risks associated with the international nature of the Company’s businesses; failure of the Company’s products to achieve technological feasibility or profitability; failure to successfully commercialize the Company’s products; changes in demand for the products of the Company’s customers; limited opportunities to license technologies due to high concentration in applicable markets for such technologies; the impact of competing technologies on the demand for the Company’s technologies; failure to realize the anticipated benefits of the Company’s recent acquisition of DTS, Inc., including as a result of integrating the business of DTS; pricing trends, including the Company’s ability to achieve economies of scale; the expected amount and timing of cost savings and operating synergies; and other developments in the markets in which the Company operates, as well as management’s response to any of the aforementioned factors. You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this release.

The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included herein and elsewhere, including the Risk Factors included in the Company’s recent reports on Form 10-K and Form 10-Q and other documents of the Company on file with the Securities and Exchange Commission (the “SEC”). The Company’s SEC filings are available publicly on the SEC’s website at www.sec.gov. Any forward-looking statements made or incorporated by reference herein are qualified in their entirety by these cautionary statements, and there can be no assurance that the actual results or developments anticipated by the Company will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company or its business or operations. Except to the extent required by applicable law, the Company undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

 

SOURCE: XPERI CORPORATION

XPER-F

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DENSO invests $1 billion in U.S. automotive manufacturing to produce the future of mobility

NA NewsPress Releases

SOUTHFIELD, Mich. (October 6, 2017) DENSO, one of the world’s largest automotive technology, systems and components suppliers, is expanding its U.S. footprint with a $1 billion investment in its Maryville, Tennessee location. The investment is part of DENSO’s commitment to advancing automotive innovation in North America, and will significantly increase the role North America plays in the global trend toward vehicle safety and electrification.

DENSO has been developing its roadmap for future mobility for the past three years, including determining the best location to establish its North American manufacturing hub. DENSO will create more than 1,000 jobs in Maryville, Tennessee to make it a primary manufacturing center in North America for electrification and safety systems. Globally, DENSO is a leading developer of electrification systems for environmentally-friendly automobiles, sophisticated functions involved in vehicle safety and security, and new services that connect vehicles and society. These systems will play a crucial role in meeting increasing electric vehicle demand.

“This is an investment in the future of DENSO, and also the future of transportation. We are seeing dramatic shifts in the role of transportation in society, and this investment will help position us to meet those changing demands,” said Kenichiro Ito, chairman of DENSO’s North America Board of Directors and chief executive officer of DENSO International America.

“Since setting roots here, DENSO has played a major role in helping Tennessee transform into an automotive production leader,” said Jack Helmboldt, member of DENSO’s North America Board of Directors and president of DENSO Manufacturing Tennessee. “This investment enables us to provide new opportunities for top talent to advance the next generation of vehicles.”

Investment details

DENSO’s $1 billion investment will create about 1,000 new production and support jobs, including technicians and engineers. The investment will also expand multiple production lines to produce advanced safety, connectivity, and electrification products for hybrid and electric vehicles. These new products will radically improve fuel efficiency and preserve electric power by recovering and recycling energy, and by connecting all systems and products inside the vehicles. DENSO’s products will create the highest efficiency for a whole vehicle by anticipating the road environment via collaboration with information outside the car and using data to enhance performance of electrified products.

DENSO announced a $400 million investment in Maryville in 2015, adding 500 jobs and consolidating various warehouse operations into one central location. The company broke ground on the facility in July 2016.

The $1 billion investment in Maryville is the latest in a line of strategic investments in North America for DENSO. The company recently invested $75.5 million in its Southfield, Michigan headquarters and Dublin, Ohio facilities.

If you’re interested in a career at DENSO, please apply here. Or text the word “jobs” to 89800. You will receive a text with a link that takes you directly to open positions at DENSO 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 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

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

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DENSO North America Foundation donates additional $50,000 to relief efforts following Mexico City earthquake

NA NewsPress Releases

SOUTHFIELD, Mich. – The DENSO North America Foundation (DNAF), the philanthropic arm of automotive technology, systems and components leader, DENSO, will donate $50,000 to the Mexican Red Cross in response to the latest devastating earthquake near Mexico City. DNAF has now donated $200,000 in 2017 to disaster relief efforts in Mexico and the U.S. Gulf Coast following a string of earthquakes and hurricanes across the region.

In addition to the foundation’s donations, DENSO associates, family and friends are encouraged to join the cause and donate to disaster relief efforts by visiting: www.redcross.org/donate/cm/denso-emp.

“Our thoughts are with all of those affected by this catastrophe,” said Doug Patton, DNAF president and executive vice president of Engineering at DENSO International America. “We’ll continue to join with communities across North America to provide assistance.”

DENSO operates at 30 consolidated companies and affiliates across North America, including several inland locations across Texas and Mexico.

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

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

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Mazda, DENSO, and Toyota Sign Joint Technology Development – Contract for Electric Vehicles

Press Releases

Toyota City, Japan, September 28, 2017—Mazda Motor Corporation (Mazda), DENSO Corporation (DENSO), and Toyota Motor Corporation (Toyota) signed a contract today to jointly develop basic structural technologies for electric vehicles. Furthermore, the three companies have also decided to establish a new company consisting of selected engineers from the three companies to ensure the efficient implementation of the joint technological development projects.

As countries and regions around the world adopt increasingly stringent policies to help reduce greenhouse gases, new regulations that mandate a certain proportion of electric vehicle sales are beginning to emerge. Complying with these environmental regulations, while ensuring the sustainable growth of our companies, requires the development of a wide range of powertrains and technologies. We regard electric vehicles (EVs) as a key technological field in this process alongside fuel cell vehicles.

With EVs yet to find widespread market acceptance, the huge investments and time required to cover all markets and vehicle segments is a pressing issue for individual automakers when responding to the widely varying demand for vehicles around the world.

Mazda, DENSO, and Toyota have decided to jointly develop basic structural technologies for EVs capable of covering a wide variety of vehicle segments and types to ensure flexible and rapid response to market trends. This agreement covers a diverse range of models, from minivehicles to passenger vehicles, SUVs, and light trucks, and aims to innovate the development process by combining the strengths of each company, including Mazda’s bundled product planning and prowess in computer modeling-based development, DENSO’s electronics technologies, and the Toyota New Global Architecture (TNGA) platform.

The new company will engage in the following:

  1. Research into the characteristics (common architecture*) that define optimum performance and functions of EVs from the standpoint of both individual components and the whole vehicle
  2. Verification of component installation and vehicle performance realized by the characteristics achieved in item 1)
  3. Examination of the optimum concept for each car classification with regard to each component and each type of vehicle realized by achieving items 1) and 2)

*Common architecture is the basic product design concept for realizing required product performance by distributing those requirements among structural components. Under the concept of a common architecture, the basic structure of each component can be commonized, thereby transcending differences in vehicle class and power. By organizing component characteristics, various products can be developed and produced through the same process.

Through this joint technological development project, by dedicating an equal amount of development resources, ensuring efficient development processes, and taking advantage of existing production facilities, Mazda and Toyota intend to focus their resources on fundamental vehicle values to enable the creation of appealing EVs that embody the unique identities of each brand and avoid the commoditization of EVs.

The companies also aim to create a business structure that is open to participation by other automakers and suppliers.

Outline of New Company

Name EV C.A. Spirit Co., Ltd.
Location Midland Square 37F, Meieki 4-7-1, Nakamura, Nagoya
Capital 10 million yen (equity participation = Toyota: 90%, Mazda: 5%, DENSO: 5%)
Directors President: Shigeki Terashi

Director: Kiyotaka Ise

Director: Toshiyuki Mizushima

Auditor: Tatsuro Ueda

Employees At establishment: approximately 40
Website http://www.ev-cas.co.jp (will be live on October 6)
Contact address info@ev-cas.co.jp (will be available on October 1)

 

Outline of Structure of New Company

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DENSO earns Cummins Diversity Award at annual supplier conference

NA NewsPress Releases

SOUTHFIELD, Mich. – Cummins recognized DENSO International America’s (DIAM) Supplier Diversity program with a Diversity Award presented at its 2017 U.S. Supplier Conference. The global diesel engine and alternative fuel technology leader highlighted DENSO’s exemplary work promoting diversity and inclusion across the business, helping Cummins meet global procurement goals.

“Including diverse businesses within our supply base contributes to DENSO’s and our customer’s long-term success,” said Mike Winkler, Vice President, North America Purchasing at DENSO. “We’re proud to be recognized as a leader in this space and will continue to develop relationships with minority-owned businesses to enhance the community and strengthen DENSO’s supply chain.”

The award distinction aligns with DENSO’s Supplier Diversity Mission, which includes:

  • Developing inclusion of diverse business within the supply base which helps contribute to long-term economic & social stability
  • Developing and nurturing a diverse & global-best competitive supply base
  • Seeking supplier partners who share a commitment to continuous improvement while providing value to our customers & society

DENSO received the award during Cummins’ 2017 U.S. Supplier Conference in Columbus, Ind. and was selected out of more than 5,000 other suppliers across the country.

About DENSO in North America

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

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

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DENSO North America Foundation donates $100,000 to American and Mexican Red Cross for disaster relief efforts

NA NewsPress Releases

SOUTHFIELD, Mich. – The DENSO North America Foundation (DNAF), the philanthropic arm of automotive technology, systems and components leader, DENSO, will donate $100,000 to support recovery from Hurricane Irma in America’s Gulf Coast region and Southern Mexico’s recent devastating earthquake. DNAF will distribute two $50,000 grants, one each to the American Red Cross and Mexican Red Cross. DNAF has donated $150,000 to disaster relief efforts over the past month, including a $50,000 donation following Hurricane Harvey.

In addition to the foundation’s donations, DENSO associates, family and friends are encouraged to join the cause and donate to disaster relief efforts by visiting: www.redcross.org/donate/cm/denso-emp.

“These have been incredibly trying times for thousands of individuals and families affected in these regions, and we remain committed to assisting those in need in any way possible,” said Doug Patton, DNAF president and executive vice president of Engineering at DENSO International America. “We continue to encourage our associates to donate to these relief efforts and know that these areas will once again thrive through the support of communities across North America.”

DENSO operates at 30 consolidated companies and affiliates across North America, including several inland locations across Texas and Mexico.

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

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

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DENSO receives 2016 Masters of Quality Supplier Award from Daimler Trucks North America

NA NewsPress Releases

SOUTHFIELD, Mich. DENSO International America (DIAM), one of the world’s largest automotive technology, systems and components suppliers, earned a 2016 Masters of Quality Supplier Award from Daimler Trucks North America (DTNA). Each year, DTNA recognizes outstanding suppliers which demonstrate an ongoing commitment to continuously improving product quality, support for DTNA and overall business performance. It is the highest distinction DTNA gives to its suppliers.

“This is a testament to each member of our team’s commitment to delivering great service and highly-innovative products every day,” said Christian Dudley. “We look forward to continuing our work helping Daimler Trucks deliver business value.”

Now in its 30th year, the Masters of Quality Supplier Awards honors suppliers for receiving high marks in quality, delivery, technology and cost performance, as measured on a Balanced Scorecard basis. Award recipients provide services and components to DTNA’s Freightliner and Western Star brands.

DENSO is among just 48 winners this year, chosen from Daimler Trucks North America’s thousands of suppliers across North America.

About DENSO in North America

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

DENSO Worldwide

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

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DENSO to Exhibit at International Motor Show (IAA) in Frankfurt

Press Releases

KARIYA (Japan) ― DENSO Corporation today announced that it will exhibit at the 67th IAA (Internationale Automobil-Ausstellung) Motor Show in Frankfurt, Germany, from September 14-24, 2017.

DENSO is committed to developing technologies in three priority fields; namely, “DENSO Automated Driving,” “DENSO Efficient Driving,” and “DENSO Connected Driving,” as they are required to improve mobility in the future. These technology fields are collectively referred to as the “Core Technologies for Future Mobility.”

In a press conference at IAA, DENSO will explain its vision for technology in these core fields and new developments in Europe. DENSO will also exhibit a mock-up car equipped with products from various areas that have been developed by the company.

The mock-up car will show how DENSO products work beneath the surface in vehicles to improve safety and efficiency. DENSO will also introduce relevant products and technologies focusing on the three priority fields mentioned above. Videos will explain the values offered by DENSO in these three fields.

DENSO will also exhibit products manufactured in Europe in a booth at the event.

  • Booth location: Hall 6 Ground floor, A10, Messe Frankfurt
  • Press conference schedule:
    • Date and time:
      Wednesday, Sept. 13, 2017, from 9:20 a.m.-9:45 a.m. (at DENSO’s booth)
    • Presenters (planned):
      Sadahiro Usui, President and CEO, DENSO International Europe;
      Kazuoki Matsugatani, Head of EU Engineering, DENSO International Europe

About DENSO in North America

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

DENSO Worldwide

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

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DENSO North America Foundation donates $50,000 to American Red Cross for Hurricane Harvey relief efforts

NA NewsPress Releases

SOUTHFIELD, Mich. – The DENSO North America Foundation (DNAF) – the philanthropic arm of automotive technology, systems and components leader, DENSO, will donate $50,000 to the American Red Cross, supporting efforts to recover from Hurricane Harvey’s devastating impact throughout the Gulf Coast region.

In addition to the foundation’s donation, DENSO associates, family and friends are encouraged to join the cause and donate to disaster relief efforts by visiting: www.redcross.org/donate/cm/denso-emp

“The devastating damage that Hurricane Harvey has brought to the Gulf Coast requires individuals and companies to come together to provide their support,” said Doug Patton, DNAF president and executive vice president of Engineering at DENSO International America. “Our associates have expressed great concern for those impacted by the hurricane and this donation will go toward the effort to recover and re-build the region, with a hope for a bright future for generations to come.”

DENSO operates at 30 consolidated companies and affiliates across North America, including several inland locations across Texas and Mexico.

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

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

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DENSO unveils new ‘Crafting the Core’ brand

In the News

The Daily Times: DENSO Manufacturing Tennessee unveiled the automobile supplier’s new brand “Crafting the Core” Thursday during a driving safety campaign kickoff that featured National Hot Rod Association racer Clay Millican and his dragster.

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Toyota, Intel, others to form auto big data consortium

In the News

(Reuters) - Toyota Motor Corp (7203.T), chipmaker Intel Corp (INTC.O) and other technology and auto companies are forming a consortium to create an ecosystem for big data used in connected cars, the Japanese automaker said on Thursday.

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Road safety is at DENSO’s ‘core’

In the News

Daily Post-Athenian - DENSO Manufacturing Athens Tennessee (DMAT) unveiled its new "Crafting the Core" brand with a special employee event on Wednesday.

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DENSO Develops New 24-GHz Band Submillimeter-wave Radar Sensor

Press Releases

KARIYA (Japan) ― DENSO Corporation today announced that it has developed a 24-GHz submillimeter-wave rear and side radar sensor to help enhance vehicle safety systems. The sensor is used in the 2018 Toyota Camry released this past July.

It’s strategically built into the rear bumper of the vehicle to detect other vehicles likely to enter the driver’s blind spot to the rear and side, as well as vehicles approaching from the rear on the left and right when reversing. The sensor is part of a larger system that helps drivers identify and navigate around other vehicles when changing lanes or reversing out of a parking space, and controls the autonomous emergency braking function to avoid imminent collisions.

To enable accurate detection whether moving forward or reversing, a phase shifter switches the sensing direction and range of the submillimeter-wave radar sensor. Radio wave transmission and receiving, and phase shifter functions also run through separate integrated circuits (ICs) to reduce the size of the sensor.

In 2003, DENSO became the world’s first company to develop and commercialize an electronically scanning in-vehicle millimeter-wave radar sensor, which utilized digital beamforming. By advancing these technologies DENSO continues to deliver on its mission to build a safe and secure automotive society for all.

  • The semiconductor wafer for MMIC* manufactured by TowerJazz (http://towerjazz.com) is used to stabilize the output level and receiving sensitivity.

* Monolithic Microwave Integrated Circuit

About DENSO in North America

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

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

Industry leaders to form consortium for network and computing infrastructure of automotive big data

Press Releases

DENSO Corporation, Ericsson (NASDAQ:ERIC), Intel Corporation, Nippon Telegraph and Telephone Corporation (NTT), NTT DOCOMO, INC., Toyota InfoTechnology Center Co., Ltd. and Toyota Motor Corporation today announced that they have initiated the formation of the Automotive Edge Computing Consortium. The objective of the consortium is to develop an ecosystem for connected cars to support emerging services such as intelligent driving, the creation of maps with real-time data and driving assistance based on cloud computing.

It is estimated that the data volume between vehicles and the cloud will reach 10 exabytes per month around 2025, approximately 10,000 times larger than the present volume. This expected increase will trigger the need for new architectures of network and computing infrastructure to support distributed resources and topology-aware storage capacity. The architectures will be compliant with applicable standards, which requires collaboration on a local and global scale.

The consortium will focus on increasing network capacity to accommodate automotive big data in a reasonable fashion between vehicles and the cloud by means of edge computing and more efficient network design. It will define requirements and develop use cases for emerging mobile devices with a particular focus on the automotive industry, bringing them to standards bodies, industry consortiums and solution providers. The consortium will also encourage the development of best practices for the distributed and layered computing approach recommended by the members.

In the coming months, the aforementioned companies will initiate activities to invite relevant global technology leaders and expand the consortium.

About DENSO in North America

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

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

DENSO Establishes a New Company Designing Key Components Enabling Automated Driving

Press Releases

KARIYA, Japan ― DENSO Corporation today announced that it will establish a new company, NSITEXE, Inc., to design and develop semiconductor IP cores*1, which are key semiconductor components enabling automated driving.

Advanced electronic controls are key for in-vehicle environment and safety technologies, such as ADAS and automated driving in next-generation vehicles. When automated driving becomes the norm, high-performance, low-power semiconductors will be required to monitor the situation around the vehicle by processing large amounts of data from sensors and external communications at high speed. This data will help make decisions for automated driving functions.

The new company will develop a next-generation processor which can quickly and efficiently analyze large amounts of data from sensors and external communication to determine the optimal vehicle operation. The semiconductor IP cores optimized for in-vehicle applications will be licensed to in-vehicle microcomputer and SoC*2 manufacturers.

DENSO has refined in-vehicle semiconductor technologies over many years as part of its ongoing mission to develop the advanced technologies delivering an environmentally friendly, safe and secure automotive society.

*1 Semiconductor IP cores: Intellectual property rights of partial integrated circuits that make up a semiconductor

*2 SoC: A circuit which integrates multiple functions to work as a system (system-on-a-chip)

Profile of the new company

1. Name: NSITEXE, Inc.
2. Location: 2-16-4 Konan, Minato-ku, Tokyo, Japan
3. President: Yukihide Niimi
4. Establishment: September 2017
5. Capital: 100 million yen
6. Ownership: 100% owned by DENSO
7. Employees: 55 (at the time of establishment)
8. Business description: Developing and licensing semiconductor IP cores and relevant tools, providing maintenance and engineering services

 

About DENSO in North America

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

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

 

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DENSO receives Workplace Safety and Health award

In the News

DENSO Manufacturing Tennessee is recipient of the Commissioner's Award of Excellence for Workplace Safety and Health.

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