DENSO Announces New Global Aftermarket Division

Las Vegas, Nev. – DENSO Corporation announced today that it has formed a new aftermarket division based at the company’s headquarters in Kariya, Aichi, Japan. The announcement was made at the Automotive Aftermarket Products Expo (AAPEX) show.

“Creation of this new aftermarket business unit is a big step forward for DENSO’s aftermarket operations, our objective is to expand and promote our aftermarket presence worldwide,” said Toshiaki Fujii, head of the new DENSO Aftermarket Business Unit. “This establishes a structure where the aftermarket is operated as an independent business entity apart from our Original Equipment (OE) business.”

Currently the company has 30 aftermarket companies worldwide with fiscal year 2010 sales of US$4 billion. These companies’ efforts will now be coordinated under one division, creating synergies of resources and synchronization of strategy.

DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electric, 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 35 countries and regions (including Japan) and employs approximately 120,000 people. Consolidated global sales for the fiscal year ending March 31, 2011, totaled US$37.7 billion. Last fiscal year, DENSO spent 9.3 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com or visit our media website at www.densomediacenter.com.

In North America, DENSO employs 13,000 people with consolidated sales totaling US$6.4 billion for the fiscal year ended March 31, 2011.