Our Future: Mid-term Plan – Keeping us on track

Our Long-term Plan is a checkpoint in our journey to our Long-term Policy. But what will keep us on the right path to our Long-term Plan? Our Mid-Term Plan. With 2022 targets of ¥5.6 trillion and an operating margin of more than 8%, it focuses on three perspectives:

Taking on the Challenge of Creating New Value

• Establish de facto standards in integrated vehicle systems and lead the way in electrification and automated driving
• Create new value and business models for mobility services
• Position FA and agriculture as new business pillars
• Flexibly create new products in epicenters of innovation around the world

Strengthening Profitability to Support Future Growth

• Implement speedy business management through a smaller head office and headquarters and enhance Group companies in Japan and overseas
• Establish sources for competitiveness by creating innovative technologies using our key devices and establishing industry standards
• Realize unrivaled front-line capabilities through DANTOTSU plants and factory IoT
• Significantly accelerate development and bloster profitability through co-creation with business partners and business process innovation

Reforming Our Management Foundation

• Inherit the DENSO Creed and establish a solid foundation for quality and safety in new domains, such as robotics and digitization
• Draw on the power of individuals and maximize speed and front-line vitality by developing motivated human resources and utilizing cutting-edge IT
• Establish lean production systems throughout the supply chain and enhance the competitiveness of our manufacturing
• Develop businesses with an awareness of the Sustainable Development Goals in order to create a sustainable society

With these in the forefront of our minds, we’ll head into 2022 with the foundation necessary to reach our goals for 2026 and beyond. Let’s go!