News

DENSO Honors Japanese Heritage and Longtime Canadian Presence by Sponsoring the 2019 Japan Festival CANADA

Press Releases

SOUTHFIELD, Mich., (Aug. 23, 2019)DENSO Sales Canada, Inc., an automotive sales and aftermarket distribution unit in DENSO, is a Gold Corporate Sponsor of the 2019 Japan Festival CANADA. The annual festival, which is the largest Japanese cultural event in North America, promotes Japan’s contemporary and traditional culture, food, technology and fashion. This year’s event, held August 24-25, 2019, in Mississauga, Ontario, is focused on celebrating 90 years of diplomatic relations between Japan and Canada.

DENSO was founded in 1949 in Kariya, Japan, but the company also has a long and rich history in Canada. That history begins almost fifty years ago when DENSO established DENSO Sales Canada in Mississauga to focus on aftermarket sales. As it happens, Kariya and Mississauga have been sister cities for decades. After the creation of DENSO Sales Canada, DENSO built a thermal manufacturing facility in Guelph, Ontario, which just celebrated 20 years of advancing mobility and providing quality jobs to the local community.

Today, DENSO Sales Canada is a vital facet of DENSO’s distribution and customer service operations, and the Guelph facility employs more than 600 employees who support the production of important products like HVAC units, radiators, condensers, engine fans and cooling modules. DENSO also opened the Montréal Innovation Lab earlier this year to accelerate R&D in advanced areas, such as artificial intelligence, within the automotive industry.

“DENSO has had a strong presence and deep commitment to Canada and its local communities for much time now. As a global mobility supplier with Japanese roots, we’re proud to support an event that celebrates the close cultural and business ties between these two great nations,” said Kenichiro Ito, senior executive officer for DENSO Corporation and chief executive officer of DENSO’s North American headquarters.

To learn more about the programming and attractions that can be found at Japan Festival CANADA 2019, please visit japanfestivalcanada.com.

For Canadians and other professionals interested in developing and delivering the highest quality products and services to enhance mobility, go to densocareers.com.

About DENSO

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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 Provides Southfield Public Schools with Needed Supplies during Annual “Stuff the Bus” Program

Press Releases

SOUTHFIELD, Mich., (Aug. 15, 2019) – Even though it still feels like summer, back-to-school time is right around the corner. To help students hit the books once again, DENSO, the world’s second largest mobility supplier, announced today that its 8th annual “Stuff the Bus” program donated more than 4,000 items for school supplies to nearly 5,800 students in the Southfield school district. In eight years, DENSO employees have donated over 40,000 items to Southfield schools, ranging from crayons to calculators.

“DENSO is a company that is truly committed to the communities where our employees work and live. Whether it’s donating school supplies, sponsoring free admission at museums or supporting adult education programs, we want to provide the tools and resources to positively influence our employees and community members in North America and beyond,” said Melissa Smith, community affairs lead at DENSO.

On Thursday, August 15, from 12:30 – 2 pm, Southfield Public Schools Superintendent Dr. Jennifer Green, along with other district representatives, will be on-site at DENSO for an event designed to thank those who donated, as well as to collect the much-needed supplies, including pencils, markers, folders, rulers, notebooks, calculators, backpacks and more.

During “recess” on Thursday, in addition to food and treats, DENSO will host games and activities – parachute, cornhole, lawn Jenga, and more – to celebrate the end of summer and inspire a back-to-school mindset. Employees were encouraged to submit the name of any deserving K-12 teacher to be entered in a random drawing for a $100 gift card, also donated by DENSO.

“We thank DENSO for providing our students with the supplies they need to start the school year off right,” said Dr. Jennifer Green. “We look forward to continuing our partnership to help our students succeed both in school and beyond.”

To learn more about working at DENSO, go to densocareers.com.

About DENSO

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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 Launches its First Smart Mobility Ecosystem in Dublin, Ohio

Press Releases

SOUTHFIELD, Mich., (Aug. 14, 2019)DENSO, the world’s second largest mobility supplier, announced today it is investing $1.42 million to launch a Smart Mobility Ecosystem in Dublin, Ohio, designed to enhance transportation. In the project, DENSO is working with a coalition of municipal, state, business and academic partners to test and implement infrastructure technologies, create value-added mobility services, and gather previously untapped data that are vital to increasing road and pedestrian safety and reducing travel times. This initiative supports DENSO’s long-term policy to create new value for advanced mobility, and boosts its expansion into software-based solutions as it explores new business domains and new customers.

“Creating smart mobility ecosystems in urban, suburban and rural communities is vital to better understanding how things and people move in different environments and ensuring transportation is as safe, sustainable and efficient as possible,” said Roger Berg, vice president of research and development, North America, DENSO. “In this project, we and our partners are leveraging advanced technologies to improve road infrastructure, better identify traffic patterns, and gather and analyze key data that can ultimately increase safety, reduce congestion and provide better transportation services to a wide range of geographies.”

Mobility is a critical component in communities of all densities and moving toward a more connected society. DENSO aims to be a key resource for new customers in this domain by leading the development of smart mobility ecosystems. These are connected environments that, through wireless devices, cloud computing and a network of sensors, cameras and data, make transportation safer, more sustainable and efficient for those in transit on and around roadways. Such technologies, which are being utilized in Dublin, Ohio, enable collection of real-time traffic data, measurement of transportation patterns, identification of new economic opportunities, optimized governance, and proactive responses to potential issues and crises.

“The City of Dublin has a long history of innovation in service delivery and community development,” said Megan O’Callaghan, City of Dublin Public Works Director. “This collaboration with DENSO demonstrates an important partnership we are actively engaging in to shape the future of smart mobility, which will ultimately make roads safer and more efficient.”

Luke Stedke, managing director for communications at DriveOhio, said, “Ohio is the place to invest in smart mobility technology. By leveraging lessons learned from this research and development project, leaders from across Ohio can make more informed decisions on connected transportation solutions that make our roadways safer.”

DENSO is currently working with the following partners in Ohio to implement its Smart Mobility Ecosystem:

  • The City of Dublin, an innovative municipality that will beta-test a strategically targeted transportation corridor that includes both roundabouts and signalized intersections.
  • The Ohio State University, whose researchers at its Center for Automotive Research will provide a range of smart mobility solutions, including data services and analytics.
  • Connected Signals, creators of predictive V2I technology that makes cars, transit, pedestrians and cyclists safer and more fuel-efficient.
  • DERQ USA, an AI platform developer that integrates with existing traffic and sensor systems and powers real-time advanced analytics and connected vehicle safety applications to help cities and road authorities eliminate road accidents and better manage traffic.
  • No Traffic, an AI-powered traffic signal platform that solves today’s traffic management challenges while preparing cities for the connected and autonomous era.

“We’re incredibly encouraged by DENSO’s investment in the Columbus Region. Their commitment to infrastructure technology will continue to enhance the strong mobility ecosystem and further the innovation capacity in this area, now and in the future,” said Deborah Scherer, Managing Director, Global Trade & Investment at Columbus 2020.

About DENSO

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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 MOBI Consortium to Help Standardize Blockchain Technology for Future Mobility

Press Releases

SOUTHFIELD, Mich. (Aug. 12, 2019) ― DENSO, the world’s second largest mobility supplier, has joined the Mobility Open Blockchain Initiative (MOBI). MOBI is a global consortium of businesses and organizations dedicated to innovating mobility services through blockchain technology, or a decentralized record of data transactions linked through cryptography. By collaborating with MOBI, DENSO joins other automotive and technology leaders who aim to leverage blockchain to create mobility ecosystems that are more secure, foster more seamless exchanges of data and payments, and bolster shared mobility services.

In the consortium, DENSO will help lead the Connected Mobility & Data Marketplace (CMDM) Working Group, which will focus on building standards and policies for the application of blockchain in automotive-related settings. Roger Berg, vice president of North America Research and Development at DENSO, will serve as vice-chair for CMDM.

“Blockchain is becoming increasingly important to the future of mobility,” said Berg. “With the ever-important need for more collaboration across the industry, CMDM’s research in areas like data transfer, validation and micropayments will help us create standards and policies promoting safety and security for drivers and connected vehicles. We’re excited to join such a distinguished and innovative group and look forward to seeing where blockchain takes us in the future.”

More broadly, DENSO is examining how blockchain can be leveraged to help transportation stakeholders collaborate more freely and securely. This offers potentially large dividends in wide areas of mobility – from improved fleet management to optimized carshare services and more. DENSO’s research with MOBI also supports its long-term policy, a strategic roadmap that guides the company as it creates new value in emerging transportation spaces through innovation and unique partnerships.

MOBI is a nonprofit smart mobility consortium that works with forward-thinking companies, governments and NGOs to make mobility services more efficient, affordable, greener, safer, and less congested by promoting standards and accelerating the adoption of blockchain, distributed ledger, and related technologies in the mobility industry.

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 13 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 MOBI

Headquartered in Los Angeles, Calif., the Mobility Open Blockchain Initiative (MOBI) was created to help the mobility industry apply secure, peer-to-peer blockchain technologies to improve people’s lives by making mobility more efficient and affordable, reducing congestion and pollution, and improving safety. MOBI’s mission is to explore blockchain and related technologies, promote standards, and accelerate adoption for the benefit of the industry, consumers, and communities. MOBI seeks to address the needs of the emerging, connected, and on-demand multi-modal smart mobility ecosystems. Further information about MOBI and its member organization can be found at www.dlt.mobi.

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DENSO Wiper Systems to Be Established to Offer Safer and More Reliable Wiper Systems

Press Releases

KARIYA (Japan) ― DENSO Corporation today announced that Nippon Wiper Blade Co., Ltd. and Asahi Manufacturing Co., Ltd., both of which are subsidiaries of DENSO Corporation, will merge on October 1, 2019, and make a new start as DENSO Wiper Systems, Inc.

With the auto industry undergoing a once-in-a-century transformation, the business environment is changing significantly due to swift innovations in CASE (connected, autonomous, shared and electrified) technologies. Notably, competition to develop automated driving technologies has intensified and increased the importance of auxiliary systems. Concerning safety related to field of vision, technologies including cameras and sensors have been developed for automated driving, requiring automotive component suppliers to offer wiper system products that are compatible with these changes.

Against this backdrop, the wiper system business structure of the DENSO Group was reviewed. DENSO Wiper Systems will build an integrated structure from design and production, to supply of wiper systems, thereby strengthening its capability to meet the needs of customers. The company will also step up efforts for the DENSO Group to create new added value in advanced fields.

Historically, DENSO has developed 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. 

Profile of the integrated company

1. Name DENSO Wiper Systems, Inc.
2. Location of head office 390 Umeda, Kosai, Shizuoka, Japan
3. Date on which merger takes effect October 1, 2019
4. Capital 450 million yen
5. Shareholder DENSO Corporation (ownership: 100%)
6. Employees About 1,800 (planned for October 1, 2019)
7. Business description Design, manufacture, and sales of wiper system and washer system products

 

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DENSO Supports Talent Recruitment and Development in Mobility, Technology Fields at CAR Management Briefing Seminars

Press Releases

SOUTHFIELD, Mich. (August 2, 2019) – DENSO, the world’s second largest mobility supplier, is a sponsor of this year’s Center for Automotive Research (CAR) Management Briefing Seminars (MBS), taking place Aug. 5-8, 2019. The company will join other suppliers, automakers, tech startups, government officials and academics who are committed to advancing the auto industry during a time of unprecedented disruption.

Adapting to Industry Changes to Attract and Retain Talent

As the automotive industry continues to evolve, the need for talented workers in STEM-related fields will continue to increase. Kara Grasso, vice president of Strategic Operations at DENSO, is part of a panel discussion on Aug. 7, titled “Talent/Organizational Culture: Best Practices from the Automotive and Technology Industries.” Grasso will cover:

  • How DENSO embraced its second founding – the most dramatic strategy shift in its 70-year history – to expand into software-based solutions in addition to its hardware expertise;
  • How automotive and mobility companies can attract and retain great technical talent; and
  • How a diverse workforce enables greater innovative thinking, brings different perspectives to the decision-making process and accelerates the pace of R&D.

“We want top talent in engineering, research, skilled trades, marketing, and everywhere else that can help us discover smarter ways to be more efficient in creating safer and more sustainable mobility,” said Grasso. “We offer so many great benefits and opportunities for our employees to develop skillsets and grow careers while they in turn help us push mobility forward by protecting lives and preserving the planet for future generations.”

Connecting Women in Mobility and Technology

To connect talented women in automotive, mobility and technology-focused sectors who are poised to lead in a new era of transportation, DENSO is hosting the “MBS Meetup: Women in Auto” event. On August 5, from 4-5 pm, attendees can network with fellow women attendees at a fun and informal gathering before heading into one of the industry’s biggest events. To register, click here.

DENSO is committed to advancing diversity and inclusion within technical fields. Having a diverse workforce enables innovative thinking, brings different perspectives to the table and accelerates R&D. As such, DENSO is co-hosting a similar event at the Consumer Electronics Show in 2020 with Inforum, a nonprofit dedicated to accelerating the careers of women and building talent initiatives at companies.

Additionally, Grasso will participate in coffee chats at MBS, sponsored by the Society of Automotive Engineers International (SAE), on Aug. 6 and 7 to discuss the SAE-published book, “The Road to the Top is Not on the Map: Conversations with the Top Women in the Automotive Industry,” to which Grasso contributed a chapter.

Supporting Young Talent to Change the Future of Mobility

DENSO is also sponsoring the MBS Student Program, which provides undergraduate students interested in pursuing a career in the automotive industry the opportunity to participate in the CAR MBS. Students will have the opportunity to engage with leaders and executives in the space to learn about present-day issues and experience firsthand the advanced technologies that will be introduced in the future.

Through its sponsorship of the program, and the many other monetary and in-kind donations it provides, DENSO is helping develop the next generation of the automotive workforce and identify top talent who can advance its mission to reshape advanced mobility.

“At DENSO, we’re looking for talented, diverse, curious and motivated individuals who can support our efforts to innovate and reshape transportation,” said Grasso. “This will allow us to expand into new business domains, find new customers and deliver new services as transportation continues to rapidly evolve.”

For those interested in an exciting and rewarding career at the leading edge of mobility, visit densocareers.com.

 

About DENSO Corporation

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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.

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DENSO Creates Grant to Support U.S. Charities Focused on Diversity in Future Mobility Fields

Press Releases

SOUTHFIELD, Mich. (July 31, 2019) – DENSO, the world’s second largest mobility supplier, announced today the creation of a $50,000 grant it will award to a U.S.-based public charity focused on supporting diversity in technology. The grant supports DENSO’s commitment to support diversity, which helps drive innovation in mobility and advanced technology fields.

Starting today, DENSO is seeking proposals that touch all areas of future mobility, including autonomy, artificial intelligence (AI), the Internet of Things (IoT), and/or connected services. To apply, proposals must be for programs that offer hands-on, interactive outreach; engage a diverse or underserved community; provide opportunities for innovative thinking; and provide an environment for problem-solving and team-building.

“We want to inspire and foster diversity, particularly in the automotive space, because it helps drive innovation,” said Denise Carlson, vice president and executive lead of Diversity & Inclusion for DENSO in North America. “We feel a responsibility to engage and support organizations in our communities that further those efforts. This grant allows us to identify programs that mirror our own long-term goals and ensure more workplace diversity and inclusivity to set the stage for increased knowledge, strengthened teamwork and accelerated innovation.”

To be eligible for the grant, organizations must have operated programs for at least two years; the equivalent of at least one full-time employee; revenues of more than $100,000; an annual budget of less than $2M; and 501(c)3 status. Organizations interested in applying can find more details on the application portal. Proposals are due on September 27, 2019.

The recipient of the grant will be announced at DENSO’s and Inforum’s networking event at CES in January 2020. DENSO partnered with Inforum, a nonprofit dedicated to accelerating the careers of women and building talent initiatives at companies, to connect talented women and men and advance diversity and inclusion within the automotive, technology and manufacturing sectors. 

About DENSO Corporation

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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 the 2019 Safe Kids Worldwide Childhood Injury Prevention Convention

Press Releases

SOUTHFIELD, Mich. (July 17, 2019) – DENSO, the world’s second largest mobility supplier, is a Platinum Sponsor of this year’s Safe Kids Worldwide Childhood Injury Prevention Convention (PrevCon). The event connects hundreds of child injury professionals and empowers them to make a stronger impact in the lives of families around the world.

“Traffic accidents account for approximately 1.25 million fatalities each year, including approximately 500 child fatalities every day,” said Melissa Smith, Community Affairs Lead at DENSO. “Our goal is to help reduce – and eventually eliminate – that number and make our roads and sidewalks safer. We fully support events like PrevCon that focus on preventing injuries amongst children.”

Safe Kids Worldwide is a global nonprofit dedicated to protecting kids from preventable injuries, which are the number one cause of death to children in the United States. Safe Kids’ PrevCon brings together experts and partners in injury prevention to gain practical skills, discover helpful resources and make connections to improve their ability to make a difference in their communities. In 2018, DENSO and Safe Kids Worldwide co-created a comprehensive roadmap, the Road Safety Associate Toolkit, to encourage DENSO employees to spread safe driving habits in the communities where they work and live.

In addition to its sponsorship, Smith will moderate a peer learning session at PrevCon on Saturday, July 20 at 9 a.m. ET, titled, “Artificial Intelligence and Child Safety.” The session will look at how emerging mobility technologies, such as AI, impact child injury prevention and how individuals can leverage advanced solutions to protect children in transit.

“At DENSO, we’re committed to creating and inspiring new value for the future of mobility. Our long-term vision, and goal for 2030, is to enhance mobility, safety and peace of mind while delivering more environmentally sustainable solutions and products,” said Kenichiro Ito, Senior Executive Officer of DENSO Corporation and Chief Executive Officer of DENSO’s North American Headquarters. “Working with Safe Kids allows us to realize that goal and create safer communities around the world.”

DENSO will exhibit at PrevCon, July 17-20, 2019, in Washington, D.C., at booths 19 and 20.

About DENSO Corporation

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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 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 nearly 60 percent. Working together, we can do much more to protect kids. Join our effort at safekids.org.

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DENSO Focuses on Connected Technology at New Seattle Innovation Lab

Press Releases

SOUTHFIELD, Mich. (July 16, 2019) DENSO, the world’s second largest mobility supplier, today celebrated the grand opening of its Seattle Innovation Lab, which will strengthen the company’s development of connected technologies and advance its Mobility-as-a-Service (MaaS) platform. The lab supports DENSO’s recent expansion into software-based solutions to complement its hardware expertise, bolsters its North American R&D strategy and helps actualize its long-term plan aimed at creating new value for future mobility. It also furthers DENSO’s exploration of new business domains, like MaaS, to propel its technology development and contribute to better, safer and more sustainable transportation solutions.

“Throughout DENSO’s 70 years, we’ve worked hard to reinvent our solutions and maintain a leadership role in the automotive industry. A large part of that is investing in R&D,” said Yoshifumi Kato, senior executive director, Engineering Research & Development Center, DENSO Corporation.

MaaS involves the integration of various forms of transportation services through connected technologies that are accessible on-demand to travelers. In this area, DENSO is already developing cloud computing technology that collects and analyzes data from carsharing fleets and shares it with mobility service providers via the cloud to help improve fleet management. At DENSO’s Seattle Innovation Lab, the company will collaborate with the city’s many tech companies and universities to further develop its cloud computing technology, including edge computing for automated driving, and speed its platform development for MaaS systems.

“Our Seattle Innovation Lab will play a key role in shaping DENSO’s technology for current and new customers, regionally and around the globe,” said Kenichiro Ito, senior executive officer for DENSO Corporation and chief executive officer of DENSO’s North American Headquarters.  “As we continue to innovate in emerging fields, we are changing what is possible for the future of transportation and mobility, and setting the course for how we achieve it.”

The Seattle Innovation Lab is part of DENSO’s global R&D strategy aimed at enhancing the company’s R&D prowess worldwide. The strategy includes the recent opening of a similar Innovation Lab in Montréal, Canada, focused on advanced technology like artificial intelligence (AI), and developmental contributions from DENSO’s other satellite R&D locations in Finland, Israel and San Francisco. In the U.S., specifically, the Seattle Innovation Lab will add to DENSO’s already robust R&D network, which operates within its existing locations.

Bill Foy, senior vice president of engineering at DENSO, said, “DENSO’s advanced R&D approach integrates agile development on a global scale. In North America, we’re partnering with innovative thinkers to execute on technologies and products that will define mobility for years to come.”

About DENSO

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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 to Compete in Prestigious WorldSkills Championship Competition

Press Releases

SOUTHFIELD, Mich. (July 12, 2019) – DENSO, the world’s second largest mobility supplier, announced today that two North American employees were selected to participate in this year’s WorldSkills Championship competition. Adriana Velázquez and Jonathan Hernández will join thousands of young professionals from more than 60 countries as they compete across 56 different skill sets in Kazan, Russia.

Velázquez and Hernández, who began as interns before being hired by DENSO Mexico, are in the process of completing six-month long, advanced intermediate technical training in Japan to prepare for the August competition. Their qualification is evidence of DENSO’s robust internship, co-op and IGNITE programs, and underscores the importance of DENSO’s diversity and inclusion efforts. At the championship, Velázquez will compete in Plastic Die Engineering and Hernández will show his skills in Computer Numerical Control (CNC) Milling.

“Having our associates represent DENSO and Mexico at WorldSkills demonstrates how capable our young workforce is,” said José Cepeda, Machinery & Tools and PE at DENSO Mexico. “The objective is not just to compete, but to develop our people’s abilities to reach a higher level of competence, so that when they return they’ll be ready to continue contributing to DENSO and therefore, to society. We’re very proud of our competitors and honored that they are representing DENSO and Mexico as a country.”

Every two years, WorldSkills hosts its world championships, which attracts competitors from all corners of the globe for the chance to win a prestigious medal in their chosen skill. Participants demonstrate their vocational education and training across six skill sectors – Construction and Building Technology, Creative Arts and Fashion, Information and Communication Technology, Manufacturing and Engineering Technology, Social and Personal Services, and Transportation and Logistics.

“We see how our younger workforce is impacting the future of advanced mobility, and we are honored to have our associates represent DENSO and Mexico at WorldSkills,” said Kenichiro Ito, senior executive officer for DENSO Corporation and chief executive officer of DENSO’s North American Headquarters. “The competition is a wonderful opportunity for young professionals to not only represent their companies and countries with pride, but to learn from peers and gain a stronger understanding of skilled trades. At DENSO, we are committed to providing innovative education and training programs to contribute to the development of the technical skills of our associates throughout North America.”

DENSO has participated in the WorldSkills Competition since 1971. To date, DENSO associates have won 32 gold medals, 16 silver medals, and 15 bronze medals. For up-to-date news on the competitions, visit here: https://worldskills2019.com/en/media/news/.

For those interested in rewarding and fulfilling career opportunities that help them stand out, go to densocareers.com.

 

About DENSO

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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 Partners with the Institute for Data Valorization to Speed AI, Deep Learning and Cybersecurity R&D for Automotive Industry

Press Releases

SOUTHFIELD, Michigan (July 11, 2019)DENSO, the world’s second largest mobility supplier, announced today it has become an industry member of the Montréal-based Institute for Data Valorization (IVADO). The institute fosters collaboration between private and academic researchers to cultivate and expand the expertise of its members in cutting-edge fields like data science, operational research and artificial intelligence (AI). As the automotive industry continues to shift toward emerging areas, such as automated driving, cloud computing and AI, DENSO will leverage IVADO’s research talent and capabilities to enhance its push into deep learning, data mining, cybersecurity, and more.

The announcement supports DENSO’s long-term plan, which is in part focused on expediting company innovation by broadening its research and development (R&D) capabilities outside of Japan. It also comes after DENSO and officials from Québec, Montréal and the Government of Canada announced in January the opening of the company’s Montréal Innovation Lab, its first site in the city. Much like DENSO’s work with IVADO, the lab will concentrate on accelerating innovations in advanced technology like AI for mobility.

“A partnership with IVADO made perfect sense. DENSO has had a presence in Canada for nearly five decades and we recently opened our Montréal Innovation Lab, which focuses on researching next-generation technologies that will significantly impact future transportation,” said Pat Bassett, vice president of DENSO’s North American Research and Engineering Center. “As data and AI become more prevalent with the advent of automated and connected cars, tapping IVADO’s expertise helps DENSO maintain industry leadership and best serve our customers.”

Additionally, the partnership offers DENSO access to innovative professional trainings, strategic research partnerships with major networks and consortiums, and increased interaction with Montréal’s massive data-valorization community. Collaborating with this community, which features an array of dynamic organizations that are diverse in perspective and talent, increases DENSO’s capacity to innovate quickly and furthers its diversity and inclusion efforts. In turn, IVADO is able to utilize DENSO’s rich automotive expertise and add another partner that is committed to supporting its framework on equity, diversity and inclusion in data science.

“We are thrilled to partner with such a well-established, storied automotive company that is dedicated to creating new value in the mobility space. At IVADO, we are chiefly focused on supporting the discovery of new knowledge and creating new business opportunities in four specific fields, one of which is transportation,” said Gilles Savard, CEO of IVADO. “Bringing DENSO into our ecosystem will continue to foster knowledge exchange and collaborations between everyone within our network.”

About DENSO

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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 Donates Racetrack to Junior Achievement of Southeastern Michigan

Press Releases

SOUTHFIELD, Mich. (July 1, 2019)DENSO, the world’s second largest mobility supplier, recently donated a racetrack to Junior Achievement (JA) of Southeastern Michigan. The racetrack will be used as part of the chapter’s JA STEMworks! programs, which are designed to introduce middle and high school students to a variety of STEM (Science, Technology, Engineering and Mathematics) related careers.

“DENSO’s racetrack donation supports our continuous efforts to spark students’ imaginations and help build the future workforce,” said Kenichiro Ito, senior executive officer for DENSO Corporation and chief executive officer of DENSO’s North American Headquarters. “By exposing students to STEM education, they learn how they too can create innovations that propel society forward. As a leading mobility supplier, it’s our responsibility to positively contribute to these experiences and set young learners up for success.”

At JA STEMworks! events, students participate in a variety of hands-on activities, including programming and coding exercises and CAD (computer-aided drafting) experimentation, as well as a race car building challenge using a variety of materials and the skills they learned throughout the day. Professionals currently employed in STEM fields speak with students about their work and how the STEMworks! activities relate to real-life careers.

“By offering these programs to students exploring their futures, we hope to encourage their interest and excitement in STEM fields,” said Jennifer Champion, vice president of development and marketing at JA of Southeastern Michigan. “We’re grateful for DENSO’s donation, as it represents part of a larger effort to bolster the numbers of students entering STEM professions.”

As technology continues to develop and change the workplace, an estimated 4.6 million manufacturing jobs will be needed over the next decade. However, more than 2 million of these jobs are projected to go unfilled due to the skills gap – and manufacturers are already reporting shortages of qualified applicants for open positions. As part of DENSO’s long-term policy, which aims to create new value for future mobility, the company is committed to addressing the skilled labor talent gap by inspiring future professionals to pursue STEM-related careers.

For more information on DENSO’s vision for STEM education and recruitment, visit its sustainability webpage. To learn more about Junior Achievement of Southeastern Michigan and its programs, go to its homepage.

About DENSO

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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 Foundation Awards Over $1 Million in STEM Education Grants to 26 North American Colleges and Universities

Press Releases

SOUTHFIELD, Mich. (June 28, 2019) – DENSO, the world’s second largest mobility supplier, announced today it awarded more than $1 million in science, technology, engineering, and math (STEM) education grants to 26 colleges and universities across North America. The grants are made possible by DENSO’s philanthropic division, DENSO North America Foundation (DNAF), and support the company’s mission to help cultivate tomorrow’s workforce. These donations deliver critical funds to programs that will help expose students to the rewarding careers available in automotive and manufacturing and prepare them to lead in fast-evolving fields.

“To achieve our 2030 goal of creating and inspiring new value for the future of mobility, we need to be inspiring our next generation of employees,” said Jack Helmboldt, president of DNAF. “By awarding grants to these educational institutions, we’re equipping students – and possible future DENSO employees – with opportunities, skills, and knowledge that will help create a generation of innovators poised to transform the mobility industry.”

Grants will be used towards programs focused on design, materials management, mechanical and electrical engineering principles, thermodynamics, robotics and more. DENSO hopes these funds will help cultivate and encourage a new generation of engineers and skilled workers. Recipients of this year’s grants include:

  • Alabama Agricultural and Mechanical University
  • Arkansas State University
  • Auburn University
  • California State Polytechnic University, Pomona
  • Cleveland State Community College
  • Conestoga College
  • FIME
  • Jackson State University
  • Kennesaw State University
  • Kettering University
  • Lawrence Technological University
  • Michigan State University
  • Michigan Technological University
  • North Carolina State University
  • Oakland University
  • Pellissippi State Community College
  • Southeast Missouri State University
  • TecMilenio University
  • Tennessee Technological University
  • University of Michigan-Dearborn
  • University of Alabama
  • University of Alabama-Huntsville
  • University of Tennessee
  • University of Tennessee-Chattanooga
  • Wayne State University
  • Western Michigan University

“DENSO is highly focused on developing software and products that not only enhance safety but reduce environmental impact,” said Bill Foy, senior vice president of Engineering at DENSO and a DENSO North American Foundation board member. “To do this, we will equip potential future employees with the skills to create these kinds of products. By investing in tomorrow’s workforce, we’re investing in DENSO’s future.”

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.

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 Corporation

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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 Collaborates with Battle Creek Public Schools to Support Adult Education Programs

Press Releases

BATTLE CREEK, Mich. (June 24, 2019)DENSO, the world’s second largest mobility supplier, announced today a collaboration with Battle Creek Public Schools (BCPS) to support the school district’s Adult Education Program, which includes general education diploma (GED) certification. The cooperation is part of DENSO’s efforts to provide impactful education opportunities to employees at its Battle Creek, Michigan, facility and follows the company’s recent opening of its Technical Training Center at the site.

Since BCPS-led programming began in March, nearly two dozen temporary DENSO employees have attended twice-weekly classes at DENSO’s Battle Creek campus. On Friday, three DENSO temporary employees graduated from the program with GEDs and were recognized alongside other graduates in a ceremony at the Miller Stone building in Battle Creek. Once temporary DENSO employees earn their GEDs, they become eligible for full-time employment opportunities as positions become available.

“Education and continuous improvement are core to what we do at DENSO, so partnering with Battle Creek Public Schools to offer GED assistance to our temporary employees was a natural fit,” said Kevin Carson, president of DENSO’s thermal manufacturing facility in Battle Creek. “Through the Adult Education Program, Battle Creek Public Schools is doing vital work ensuring our neighbors and community members are skilled, regardless of age. We are proud to support and advance that mission.”

Of the Battle Creek facility’s more than 3,000 employees, approximately 300 work in temporary capacities through employment agencies. Temporary DENSO employees are eligible for full-time employment after 90 days of good performance, but applicants must hold a GED to be considered, a barrier to some who would otherwise qualify for a full-time position. Now, DENSO’s temporary employees can attend classes on-site, study at their own pace and receive assistance with GED testing sign up after finishing their courses.

One former temporary DENSO employee, Mahala Worthington, recently completed the Adult Education Program and was hired in as an Associate I in heater core manufacturing.

“It’s been my goal to finish my GED, so I was really excited when DENSO announced the on-site program,” said Worthington. The instructors were so encouraging and helped me every step of the way. Becoming a full-time associate means I have health, retirement and other DENSO benefits, in addition to higher pay, so I’m thankful to have had this opportunity to reach my goal.”

Nicole Brown, DENSO’s Talent Acquisition Section Leader, attended the celebration to show the company’s support for the employees and celebrate their achievements.

To learn more about fulfilling and rewarding career opportunities at DENSO, go to densocareers.com. For more information on BCPS’s Adult Education program, visit https://www.battlecreekpublicschools.org/adulted/.

 

About DENSO

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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 Battle Creek Public Schools  

Battle Creek Public Schools (BCPS) is a school district located in Calhoun County, Michigan serving the City of Battle Creek as well as parts of Emmett, Pennfield and Bedford townships, and the City of Springfield. With a bold goal of achieving 100% success for every Bearcat, the district offers a broad range of educational experiences to meet the individual needs of students at all levels, including experiential learning, individualized instruction, advanced and accelerated curricula, and outdoor education. In 2017, BCPS received a historic investment from the W.K. Kellogg Foundation. The district is now in the second year of a five-year transformation plan, advancing bold, top-to-bottom changes to provide a world-class college-, career- and culture-ready education for every student, in every grade, at every school.

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DENSO Announces Changes to the Organization and to the Responsibilities of Senior Executive Officers and Executive Officers

Press Releases

KARIYA (Japan) ― DENSO Corporation today announced changes to its organizational structure, as well as to responsibilities of its senior executive officers and executive officers, which will take effect on July 1, 2019.

The changes support DENSO’s Long-term Plan 2025, the company’s roadmap for how to innovate during this once-in-a-century period of transformation and offer society new value in mobility. The updates allow DENSO to accelerate organizational reforms, strengthen the company’s technology development and thrive as mobility rapidly evolves.

Changes of Organization

(1) Establishment of the Sensor & Semiconductor Business Group

The Sensor & Semiconductor Business Unit in the Electronic Systems Business Group will be established as the Sensor & Semiconductor Business Group to enhance the operations of the sensor and semiconductor business and ensure company-wide cooperation across businesses. The Sensor Business Unit and Semiconductor Business Unit will be established within this group to accelerate strategy planning and decision making in the sensor and semiconductor businesses.

(2) Establishment of the Mobility Electronics Business Group

DENSO’s electronics and software development functions will be consolidated in response to the advancement of CASE technologies (connected, autonomous, shared and electrified) and to increase DENSO’s speed and competitiveness. As such, the ECU and basic technology development functions of the Electronic Systems Business Group will be integrated with the Mobility Systems Business Group to establish the Mobility Electronics Business Group.

 

Change of Responsibility

The following change will be effective July 1, 2019

Title
Name
New Current
Senior Executive Officer
Hiroyuki Ina
Sensor & Semiconductor Business Group,

Tokyo Office

Electronic Systems Business Group,

Tokyo Office

Senior Executive Officer

Yasuhiko Yamazaki

Production Innovation Center,

Manufacturing of Sensor & Semiconductor Business Group

Production Innovation Center,

Manufacturing of Electronic Systems Business Group

Senior Executive Officer

Hirotsugu Takeuchi

Mobility Electronics Business Group Mobility Systems Business Group
Executive Officer
Shinnosuke Hayashi
Mobility Electronics Business

Group(deputy),

Mobility systems Function Unit, Basis Electronic Technology Unit, DENSO CREATE INC.,

Connected Systems R&D Dept.

Electronic Systems Business

Group(deputy),

Mobility systems Function Unit, Basis Electronic Technology Unit, DENSO CREATE INC., Connected Systems R&D Dept.

Change is underlined

 

About DENSO

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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 Products and Services Americas Welcomes New President

Press Releases

LONG BEACH, Calif. (June 19, 2019) – DENSO, the world’s second largest mobility supplier, has named Hirokatsu Yamashita president of DENSO Products and Services Americas, Inc. Yamashita took charge of the aftermarket products and services arm of the advanced mobility supplier on June 1.

The appointment follows sweeping personnel and organizational changes announced in March that enable DENSO to act more nimbly and efficiently in the face of rapid industry change.

In his new executive role, Yamashita oversees more than 600 employees of all DENSO Products and Services Americas groups: DENSO Light Vehicle Parts, Commercial & Heavy Duty, MovinCool, Robotics, Automated Data Capture (ADC), and DENSO Connected Services. Operations include the company’s headquarters in Long Beach; manufacturing operations in Murrieta, California; regional sales offices in Plano, Texas, and West Chester, Ohio; warehouses in Rancho Cucamonga, California, and Jeffersonville, Indiana; and a new technology center in Jermyn, Pennsylvania.

Yamashita brings more than 26 years of experience with DENSO in its sales, business planning, and administrative operations to his new post. Over time, he has held various positions of increasing responsibility within the corporation’s overseas network, as well as DENSO headquarters in Japan.

“I am honored to lead DENSO Products and Services Americas and build on the success of our team and our company’s continued growth in a rapidly changing automotive industry,” Yamashita said. “We are dedicated to staying ahead of the curve to meet our customers’ needs and strengthening relationships built on the quality and value of our parts and services.”

Yamashita joined DENSO in 1993 after earning his bachelor’s degree in law from Waseda University in Tokyo. He started with DENSO Japan as a budget controller in the Sales Administration group and moved into business planning with the Thermal Products group in 1999.

In 2008, Yamashita expatriated as general manager of Business Planning at DENSO Turkey, which operates the thermal products manufacturing and exporting within Europe. He was promoted to vice president in 2011.

In 2013, Yamashita returned to DENSO Japan where he led the product development operations of the Aftermarket Business Planning Department. In 2016, he was promoted to lead the department as general manager. Over the last two years, his duties grew to include serving as a board member of two entities: a joint venture compressor manufacturing and sales company in China where his initial responsibility was as a shareholder since 2014, and a cell phone distribution/mobile solutions company in Japan where he also served as a shareholder since 2017.

 

About DENSO

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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 Recipients of the 2018 North America Supplier of the Year Awards

Press Releases

SOUTHFIELD, MI (June 13, 2019) – DENSO, the world’s second largest mobility supplier, today announced the recipients of its annual North America Supplier of the Year Awards. Each of the 13 recipients demonstrated exceptional contributions to the quality, service, innovation and value DENSO was able to provide its customers throughout its 2018 fiscal year.

The following companies were recognized at this year’s award ceremony, which took place on Wednesday, June 12, 2019, at the Suburban Collection Showplace in Novi, Michigan:

  • Diamond Award Recipients
    • Matsuo Industries, USA Inc. (Award category: Supplier of the Year)
    • TRIS USA, Inc. (Award category: Quality Performance)
  • Gold Award Recipients
    • TDK Corporation of America, Inc. (Award category: Quality Performance)
    • Adkev Inc. (Award category: Quality Performance)
    • Novelis Corporation (Award category: Quality Performance)
    • Nichia America Corporation (Award category: Value Leader)
    • Woodbridge Inoac Technical Products (Award category: Value Leader)
    • Superior Essex Inc. (Award category: Value Leader)
    • Greystone of Lincoln Inc. (Award category: Value Leader)
    • Texas Instruments Inc. (Award category: Innovation)
    • NSK Corporation (Award category: Diversity)
    • ROHM Semiconductor USA, LLC (Award category: Sustainability)
  • Special Achievement Award Recipient
    • Meiji Corporation

Suppliers were evaluated based on a specific set of criteria and were selected from a field of more than 800 applicants. Recipients of the awards displayed a deep commitment to exceptional quality and a willingness to collaborate in advancing automotive products, services and technologies.

“At DENSO, we are committed to advancing automotive innovation and meeting the demands of the future of transportation,” said Kenichiro Ito, Senior Executive Officer of DENSO Corporation and Chief Executive Officer of DENSO’s North American Headquarters. “The recipients of this year’s North America Supplier of the Year Awards not only helped us provide top-quality products and systems to automakers around the world but showed their commitment to helping us achieve our 2030 goal of creating and inspiring new value for the future of advanced mobility. I expect recipients of the awards to be real business partners who share a common vision for the future of DENSO.”

 

About DENSO

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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, Honeywell Partnership Takes Off to Create Electric Propulsion Systems for Urban Air Mobility

Press Releases

SOUTHFIELD, Mich. (June 10, 2019)DENSO, the world’s second largest mobility supplier, has partnered with Honeywell (NYSE: HON), a Fortune 100 company and aerospace manufacturer, to develop hybrid-electric and fully-electric propulsion systems for urban air mobility. By converging their automotive and aerospace expertise, DENSO and Honeywell seek to create propulsion systems that make air travel cleaner, quieter, more efficient and easier to maintain.

Urban air mobility is intended to provide more efficient movement of people and things within cities to improve safety and decrease ground traffic. It also offers substantial opportunities in sustainability, as major advancements in materials, generators and motors are making electric-powered flight possible, practical and affordable. Honeywell and DENSO see urban air mobility vehicles as a key component of the future of mobility.

DENSO, a global leader in electrification technology, has decades of experience in developing and producing world-class electrified propulsion units, including traction motors and inverters, at high-mass production volume.

 

About DENSO

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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 Invests $1.95M to Open Technical Training Center in Battle Creek, Michigan, to Upskill Advanced Manufacturing Workforce

Press Releases

SOUTHFIELD, Mich. (June 7, 2019) – DENSO, the world’s second largest mobility supplier, has invested $1.95 million to open the North Technical Training Center at its Battle Creek, Michigan, facility. The center is designed to be at the forefront of automated and data-rich manufacturing, also known as Industry 4.0, and will act as a training hub for DENSO technical talent. It’s an urgent resource for the company as automotive and manufacturing technology rapidly evolves and is built with DENSO’s Long-Term Policy 2030 in mind, which aims to create new value for advanced mobility.

As the auto industry moves toward electrification and automated driving, DENSO is committed to providing innovative, tech-forward training grounds for its employees. DENSO’s Battle Creek training center is the third of its kind for the company, with others in Tennessee and Mexico. It will serve employees in technical fields, such as skilled trades, machine technicians and engineering. Employees identified for training will receive a customized plan to develop new technical skills, gain new understanding of Internet of Things (IoT) technologies and improve production efficiency – all of which are key factors in boosting operational productivity and profitability.

“It’s a critical time in the auto industry and we cannot revolutionize manufacturing and engineering without our people. That is why DENSO is focused on introducing our employees to new technologies, providing cross training for collaboration and developing skills that breed innovation,” said Kenichiro Ito, senior executive officer for DENSO Corporation and chief executive officer of DENSO’s North American Headquarters. “The talented workers who learn at the Technical Training Center will come out with new ways and creative ideas to change the world through manufacturing.”

Kevin Carson, president of DENSO’s thermal manufacturing facility in Battle Creek, said, “When most of our workforce was in school, there was no such thing as IoT, automation or Industry 4.0. The automotive industry is drastically changing and that means our machines and the technology that powers them must change.

“We are committed to supporting our employees and ensuring they have the resources necessary to stay nimble, learn new skills and flourish in their careers.”

At the North Technical Training Center, employees will receive training in areas like:

  • High-speed video cameras
  • Advanced robotics
  • Programming automated manufacturing systems
  • Precision assembly and alignment of mechanical components and systems
  • Machine-specific training for proprietary processes

For those interested in DENSO and a career at the leading edge of automotive and manufacturing, go to densocareers.com.

 

About DENSO

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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 Mexico Offers the First Business Nursery for the Automotive Sector in Mexico

Press Releases

Guanajuato, Mexico (May 28, 2019) – DENSO, the world’s second largest mobility supplier, announced today the opening of a nursery facility at its Silao plant in Guanajuato, Mexico. Nursery operations will begin in June 2019, serving children as young as approximately 1.5 months up to 4 years old. It is the first business nursery for employees in the automotive sector in Mexico and further solidifies DENSO’s position as a leader in social contributions to its workforce.

DENSO is hiring more than 30 professional educators to staff the facility, which will be able to accommodate more than 110 children in its initial stage. Sixty children are already enrolled and total enrollment expects to reach more than 220 children once at full capacity.

“We are committed to providing a great working environment for our employees,” said Mitsuru Kato, DENSO´s Mexico President at the Grand Opening Ceremony. “This extends beyond the office or factory floor to ensure we can reduce stress and anxieties in our employees’ lives. For many working families in Mexico, finding childcare presents an enormous challenge. This new facility supports our mother employees so they can focus more on their families.”

“This new facility will alleviate the stress of finding suitable childcare for the working mothers at DENSO’s Silao plant,” said Diego Sinhue, governor of Guanajuato state. “Beyond providing nursery services to working mothers, we hope it provides them an increased peace of mind knowing their child is being well cared-for in an onsite facility.”

Marcela Aldana, an employee at DENSO’s Silao plant in the Production Control department and a mother of three kids at nursery age, said, “DENSO cares not only for the job, DENSO cares about people. My family is so grateful for DENSO’s support, which allows me to continue working.”

DENSO is committed to meeting its North American employees’ needs. Recently, DENSO’s thermal manufacturing facility in Battle Creek, Michigan, was recognized by the Michigan Breastfeeding Network for creating and maintaining a supportive workplace for breastfeeding employees. DENSO provides the resources necessary for its employees to succeed in their professional and personal lives.

 

About DENSO

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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 Delivers Company Direction Update, Shares Sales Projections

Press Releases

KARIYA, Japan (May 24, 2019) – DENSO, the world’s second largest mobility supplier, today announced updates to its new business strategy and progress toward achieving its 2030 goal: to create and inspire new value for the future of advanced mobility. In October 2017, DENSO declared its ‘second founding’ as it expanded into software-based solutions to complement its traditional hardware expertise, marking one of the most significant strategic shifts in the company’s 70-year history.

During a news conference today, President & CEO Koji Arima and other senior leaders reaffirmed DENSO’s commitment to its strategy designed to:

  1. Increase performance in the fields of electrification and automated driving;
  2. Boost investment in R&D globally to create groundbreaking technologies; and
  3. Focus on key initiatives both in and outside the auto industry to add value.

“The future of advanced mobility will soon be realized. DENSO wants to contribute by creating and delivering innovative solutions that enrich people’s lives,” said Arima. “To that end, and through our Long-Term Policy 2030, DENSO will continue to lead the fields of vehicle electrification and automated driving, innovate with agility and through collaboration, and seek emerging areas in which to enhance mobility.”

DENSO’s goal in FY2025 is to reach sales of 7 trillion yen (about $63.9 billion) and an operating income ratio of 10 percent. In FY2021, the company projects it will produce sales of 5.6 trillion yen (about $51.1 billion) and operating income ratio of 8 percent or more.

Increasing performance in electrification and automated driving

DENSO’s electrification business generated sales of 0.9 trillion yen (about $8.2 billion) in FY2018 and plans to double that figure by FY2025. DENSO recently committed to investing approximately 180 billion yen ($1.6 billion) over three years – from FY2018 to late FY2020 – to support its aggressive development and production of electrified automotive products, systems and technologies. The company also recently reached an agreement with Toyota to transfer electronic components operations to DENSO, which will improve DENSO’s development speed, increase production efficiency and strengthen its manufacturing system in electric field.

DENSO’s Mobility Systems Group, which focuses on new mobility and automated driving technology, aims to achieve 1.1 trillion yen (about $10 billion) in sales in FY2025, an approximately 40 percent increase from FY2018. Expected growth drivers include increases in autonomy levels, and the proliferation of vehicle fleets through mobility-as-a-service offerings like ride- and car-sharing. DENSO recently announced partnerships to help spur related developments:

“We see substantial opportunities in mobility-as-a-service,” said Hirotsugu Takeuchi, senior executive officer and head of Mobility Systems at DENSO Corporation. “Working at scale with customers and partners who approach mobility from various angles comes naturally to us, so we look to make our mark on this market as it grows.”

Boosting Global R&D

In FY2018, DENSO reinvested 9.3 percent of 5.4 trillion yen  ($48.3 billion) in global sales into R&D. In the fiscal year prior, the company set aside 8.8 percent of 5.1 trillion yen ($48.9 billion) in global sales for the same purpose. Such efforts enable DENSO to expand into new technology and product areas and speed innovation. They also broaden the company’s R&D reach. DENSO in FY2018 opened R&D facilities in Montréal, Canada, and Israel; and in FY 2017, opened another in Helsinki, Finland.

“DENSO has the unique ability to take profits from its more traditional technologies produced today and apply them to ones that will transform tomorrow,” said Yoshifumi Kato, senior executive officer of global R&D at DENSO Corporation. “By investing so assertively in R&D, we ensure that our current success fuels our future success, as well as the overall growth of the company.”

Focusing on key initiatives

DENSO also has focused on connected technologies, which include:

  • Mobility IoT Core, a DENSO concept that uses edge computing, or a decentralized data processing solution, to increase computing power within the vehicle. This makes it easier to process and transmit valuable data, like traffic patterns, navigation routes, V2X communications and more.
  • DENSO lead the $20 million Series A funding round in U.S. startup Bond Mobility to develop micromobility services for urban transportation.
  • A $5 million investment in Airbiquity to accelerate the development of over-the-air systems, a critical component for connected cars.

“It’s important to leverage our strengths when we explore new mobility solutions, but it’s also important to consider how we can create new value,” said Kato. “We do this through collaboration and by reimagining what we are capable of as a company. It brings challenges, but also excitement, breakthroughs and growth.”

 

About DENSO

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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 EcoCAR Mobility Challenge to Develop Future Workforce, Attract Talent and Advance Sustainable Transportation

Press Releases

SOUTHFIELD, Michigan – DENSO, the world’s second largest mobility supplier, announced today it is sponsoring the U.S. Department of Energy’s Advanced Vehicle Technology Competition’s EcoCAR Mobility Challenge. EcoCAR is a four-year collegiate engineering competition that aims to be the ultimate training ground for future leaders in the automotive industry.

DENSO’s sponsorship, which includes $300,000 in monetary and in-kind donations like components and mentorship, will benefit 12 university teams as they compete to make 2019 Chevrolet Blazers as energy efficient as possible. The student-led teams will do so by developing advanced propulsion systems, electrified technology, SAE (Society of Automotive Engineers) Level 2 automation and connected solutions for their vehicles. This is the second time DENSO has sponsored a full four-year cycle of the Challenge.

Through its work with EcoCAR, DENSO is able to help develop the automotive workforce of tomorrow, identify top talent who can advance its mission to reshape mobility, and advance its Long-Term Policy 2030, which includes creating innovative solutions that contribute to a greener, more sustainable society.

“To support EcoCAR is to support the future of automotive. And the future, especially as it relates to technology, sustainability and workforce development, is incredibly important to us,” said Jim Harkins, director of Electrified Systems Engineering Division, DENSO. “Transportation is changing rapidly. This event offers the perfect opportunity for students to experience that change first-hand. It’s also a shining example of how industry stakeholders, from automakers to suppliers to aspiring engineers, can tackle complex issues like energy efficiency together.”

Since university teams come from across the country, EcoCAR also affords DENSO the opportunity to connect with and attract a broadened pool of potential new hires. In fact, DENSO has hired 4 employees who were previously student competitors in the Challenge.

One such employee is Emily Arnold, an application engineer for battery electric vehicle inverters who started at DENSO’s North American headquarters in Southfield, Michigan, last July. Arnold hails from northern California and attended Arizona State University. She says EcoCAR prepared her for her current position by helping her appreciate the many roles people take on in the workplace.

“During EcoCAR, I managed the schematic development for our team, meaning I helped ensure we had organization and continuity across our focus areas,” said Arnold. “That experience helps me every day as I work with customers and internal teams to ensure we hit project deadlines and meet customer requirements.”

Matthew Bergman, a program coordinator at DENSO who also joined the company last year through EcoCAR, is from New Jersey and attended West Virginia University while competing. He says the challenge was instrumental in helping him land a rewarding job with an employer who catered to his career goals, a top priority at DENSO to provide to its employees.

“EcoCAR allowed me to explore different roles I might want to pursue in the automotive industry,” said Bergman. “I quickly became passionate about project management, and while that typically isn’t an entry-level role, DENSO recognized that’s where my skills lie and gave me the opportunity to pursue it. I’m glad I get to be part of an environment where your career aspirations are heard and encouraged.”

For more information about the EcoCAR Mobility Challenge, visit this link. For those interested in learning more about DENSO internships, co-ops and other opportunities for young professionals, go to densocareers.com.

 

About DENSO

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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 to Mass-produce Automotive Alternators Equipped with Newly Developed High-efficiency Diodes

Press Releases

KARIYA (Japan) ― DENSO, the world’s second largest mobility supplier, today announced that it has developed a high-efficiency diode for alternators for gasoline and diesel engine vehicles with the semi-conductor supplier, Hitachi Power Semiconductor Device, Ltd. Production of alternators equipped with newly developed diodes will start for vehicles to be sold in Europe in FY2019, and will be rolled out to manufacturing group companies around the world.

Diode is a components of alternators. Diode has function to flow current in a certain direction and rectifying generated alternating current to direct current. The jointly developed diode significantly reduces the power conversion loss by increasing the efficiency of the function. The new diode improves the power generation efficiency by about 6% compared to conventional products and help improving fuel consumption. DENSO manufactures 25 million alternators in annual total in more than 10 countries. If all the diodes were replaced with the new high-efficiency diodes, carbon dioxide emissions would be reduced by 30 tons annually.

The new diode is developed as a component that fits the conventional alternator. DENSO and Hitachi remained the conventional shape of the diode and increased the efficiency of rectifying function by simplifying IC control function and applying 3D design located IC tip sterically.

Although vehicles are being increasingly electrified, the internal combustion engine (ICE) with an alternator still accounts for 80% globally. DENSO markets and distributes products for swiftly improving the environmental performance of ICE vehicles to help create a sustainable society.

About an alternator

An alternator is an important component that generates electricity using the power of the engine and supplies electricity to all the electrical components in a vehicle. The electricity remaining after consumption by electrical components is sent to a battery for storage.

An alternator is connected to the crankshaft of the engine via a pulley and belt, and generates electricity using engine torque. Improving the power generation efficiency of the alternator reduces the engine torque load and increases the fuel efficiency of the vehicle.

About DENSO’s Electrification Development

DENSO has been developing electrification technologies as a priority to create the future of mobility. The company has also been developing key components for electrified vehicles such as motor generators (MGs) and elements of Silicon Carbide (SiC) for inverters.

DENSO contributes to the sustainable development of society.

About DENSO

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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 Aisan Start Studying the Possibility of Strengthening Competitiveness in Powertrain and Future Growth Areas

Press Releases

KARIYA (Japan) ― The second largest global mobility supplier DENSO and powertrain supplier Aisan have reached a basic agreement based on the board of directors meeting on May 20, 2019 to begin studying the possibility of increasing DENSO’s stake in Aisan, and also transferring part of DENSO’s powertrain business to Aisan. This initiative would help strengthen the companies’ competitiveness in powertrain and future growth areas.

The auto industry is facing a once-in-a-century paradigm shift. Although there are growing global expectations for electrified vehicles, it remains important to reduce the CO2 emissions and increase the fuel efficiency of conventional internal combustion engines. Under the basic agreement, DENSO and Aisan will integrate similar operations in the powertrain businesses of the two companies to improve competitiveness in this area. Limited resources will be shifted to new growth areas to strengthen cooperation and contribute to the future of mobility.

Details of the basic agreement

■ Studying the possibility of transferring parts of powertrain business from DENSO to Aisan

The two companies will start studying the possibility of transferring the entire business of developing, manufacturing, and selling some products such as fuel pump module in DENSO’s powertrain business to Aisan. Powertrain products will continue to be developed and manufactured while increasing the production efficiency and cutting costs.

Studying the possibility of increasing DENSO’s stake in Aisan to strengthen mutual cooperation

The two companies will start studying the possibility of DENSO’s acquisition of all Aisan shares owned by TOYOTA MOTOR CORPORATION. The increased stake in Aisan will strengthen cooperation to improve competitiveness in future growth areas.

DENSO and Aisan will study the details based on the basic agreement, with the aim of concluding the official agreement in autumn 2019. The business transfer and the increase in stake will be based on approval from the competition law authorities in respective countries and regions.

 

About DENSO Corporation

DENSO is a $48.3 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 211 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global

 

Aisan Industry Co., Ltd.    + 81 562 48 6225 mitsuhiro_nagao@aisan-ind.co.jp
DENSO Corporation       +81 566 55 9736    yuu_matsuda@denso.co.jp

 

 

DENSO Shows Commitment to STEM Education as Lead Sponsor of the 20th Robofest World Championship

Press Releases

Southfield, MI (May 17, 2019) – DENSO, the world’s second largest mobility supplier, is a lead sponsor of the 20th Robofest World Championship, held May 16-18, 2019, at Lawrence Technological University (LTU) in Southfield, Michigan. DENSO has always been committed to shaping the advanced mobility industry by getting young students – and future leaders in the automotive industry – interested in highly skilled careers in science, technology, engineering and advanced manufacturing. Because of this, DENSO has sponsored the event since 2005 and has been a lead platinum sponsor since 2015.

As part of DENSO’s involvement, it worked closely with LTU to involve Southfield Public Schools for the first time in Robofest events throughout the year. This allowed public school students around DENSO’s North American headquarters to get hands-on, STEM-related experience and gain engineering and programming skills that could lead to future careers. Specifically, Southfield’s MacArthur K-8 University Academy hosted a Robofest competition on April 6, 2019, and one of its teams, The People, is competing in the qualifying competition at LTU this weekend.

“Robofest takes a unique approach to introducing kids to STEM, encouraging them to solve important social issues through autonomous technology.,” said Melissa Smith, Community Affairs Lead at DENSO International America, Inc. “At DENSO, we understand our involvement is critical in helping identify future talent –skilled trade workers, engineers and industry leaders – who are passionate about working with advanced technologies, improving society through mobility and building safer communities where they work and live.”

Robofest was created in 1999 and has had over 25,000 domestic and international students compete in its events. This year, 600 students from 261 teams will participate in the RoboParade, a parade of autonomous robotic floats, the Unknown Mission Challenge (UMC), where robots perform various tasks that are revealed the day of the event, and much more. Southfield Mayor Kenson J. Siver will be in attendance on May 18 and speak to the students during the opening ceremony at 9 a.m. The event is free to the public.

DENSO recognizes the demand for individuals who are highly skilled in STEM-related fields. To achieve its long-term vision, DENSO actively supports events like Robofest, FIRST Robotics and the EcoCAR Mobility Challenge to engage with talented and diverse young professionals who can eventually become members of their workforce. For those interested in learning more about DENSO internships, co-ops and other opportunities, go to densocareers.com.

 

About DENSO

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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 Receives a Michigan Breastfeeding-Friendly Workplace Award

Press Releases

BATTLE CREEK, Mich. (May 15, 2019) – The Michigan Breastfeeding Network (MIBFN) recently recognized DENSO’s thermal manufacturing facility in Battle Creek, Michigan, for creating and maintaining a supportive workplace for breastfeeding employees. MIBFN evaluated companies operating across the state of Michigan on a number of criteria including facilities, policy and education, scheduling and resources, ultimately recognizing DENSO with its Silver award. The honor is emblematic of DENSO’s long-time commitment to support its employees and ensure they have the resources necessary to succeed at work and life.

“We’d be nothing without our associates who bring their skills and passion to work every day and we take pride in delivering them support and amenities that help them balance their professional and personal lives,” said Natalie Scott, communications and external affairs. “This award is a direct reflection of DENSO’s resolve to help employees provide for themselves and their families, however needed.”

DENSO’s thermal facility in Battle Creek first established a mother’s room and lactation policy in 1999. Each associate – regardless of department and position – is provided 50 minutes of paid time for lactation within their regularly scheduled workday. Associates work with their supervisor to arrange for the breaks they need and use a posted schedule to share the room with other nursing mothers. The mother’s room consists of two individual locking rooms; lockers; a sink for washing; a refrigerator for storage; two breast pumps mounted on the wall and outlets for those who wish to use their own pumps.

Dana Paulson, a team leader and long-time DENSO employee, recently used the facility for her now two-year-old, but also more than a decade ago for her now teenager. “I was really amazed when I started working here years ago to see how great the set-up is,” said Paulson. “My daughter was very picky and refused formula. Were it not for DENSO’s supportive policies and facilities I would have had to choose between my child’s nourishment and my employment. Instead, I was able to do it all.”

According to the MIBFN, when companies support breastfeeding, businesses gain a three-to-one return on investment in addition to greater employee retention, lower absenteeism, and a more creative and productive work environment. More information on the MIBFN awards can be found at https://www.mibreastfeeding.org/workplace/.

 

About DENSO

DENSO is a $48.3 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 221 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ 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 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, 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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Mobility Supplier DENSO Names its First Executive Lead of North American Diversity and Inclusion

Press Releases

SOUTHFIELD, Michigan. – DENSO, the world’s second largest mobility supplier, announced today it has appointed Denise Carlson, vice president, responsible for its North American Production Innovation Center’s (NAPIC) Manufacturing Foundation Group and Safety, Health and Environment Group, as executive lead of its North American diversity and inclusion (D&I) initiatives.

Carlson was one of the first female engineers hired at DENSO and has been part of the company for nearly 25 years. She will lead the development and implementation of DENSO’s North American D&I strategy and collaborate with leaders of every level to ensure a more inclusive work environment across DENSO’s offices and manufacturing locations

“Companies need diverse talent to increase knowledge, strengthen teamwork and set the stage for innovation. New ideas, goals and opportunities are born when diverse groups of people can collaborate, while feeling welcomed, valued, respected and heard,” said Kenichiro Ito, senior executive officer for DENSO Corporation and chief executive officer of DENSO’s North American Headquarters. “I am confident in Denise’s ability and dedication to lead DENSO’s efforts to strengthen diversity and inclusion, as we believe it is essential for our sustainable growth and our mission to be a global leader in mobility solutions.”

Carlson joined DENSO in 1995 as a materials engineer. She will continue her role as DENSO’s vice president of NAPIC’s Manufacturing Foundation Group in addition to her responsibilities as executive lead of the D&I initiative. As the lead of the NAPIC production and facilities planning teams, she works collaboratively with DENSO’s Global Production Innovation Center to align resources to support North American manufacturing. Her role as lead of the North American Safety, Health and Environment Group includes overseeing DENSO’s safety, health and environmental operations at all facilities.

Earlier in her career, Carlson spent time overseas at DENSO’s global headquarters in Japan, where she focused on talent development and engagement. Outside of work, Carlson serves as a year-round mentor and coach for a FIRST Robotics High School team and provides mentoring to future STEMinistas. She earned her Bachelor of Science and Master of Science degrees in Chemical Engineering from Michigan State University.

“The creation of this position is a significant and symbolic moment at DENSO, and I’m honored to be a part of it. We have D&I efforts underway already, but we are truly committed to progressing in this area,” said Carlson. “I am looking forward to working closely with our manufacturing facilities across North America to align on what D&I is, our goals and why it needs to be an integral part of daily operations. My hope is to eventually create a work environment where diversity and inclusion is no longer a topic of discussion – because it’s engrained in our mindset and how we do business.”

In 2016, DENSO established the North American D&I Council to develop a three-year strategy to create and implement a culture of inclusion that promotes the diversity of all associates. Other action items include DENSO’s annual engagement survey that featured D&I indices so the company could measure associates’ impressions of D&I at DENSO and the establishment of Business Resource Groups focused on expanding D&I opportunities.

 

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 13 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 Leads $20 Million Series A Funding Round in U.S. Startup Bond Mobility to Develop Micromobility Services for Urban Transportation

Press Releases

Southfield, Michigan ― DENSO, the world’s second largest mobility supplier, has taken a stake in Palo Alto, Calif.-based Bond Mobility Inc., the world’s only speed eBike sharing company that delivers high-performance micromobility services. The close of Bond’s $20 million series A funding round was led by DENSO’s New Mobility Group out of its global headquarters in Japan, and Ininvest. DENSO will use Bond’s technologies to accelerate the development of its Mobility as a Service (MaaS) model.

In recent years, heavy traffic congestion in urban areas all over the world has contributed to one of the largest shares of greenhouse gas emissions. While DENSO is committed to reducing CO2 emissions by half with technologies that resolve global warming, energy, and resource issues, micromobility is another solution to the problem. Micromobility is defined as an urban transportation solution covering short distances and include options like eBikes, scooters and docked bikes.

Bond’s eBikes have top speeds of 30 miles per hour with average trips of four miles versus conventional micromobility services which typically cover distances of only 1.5 miles. This makes Bond a true car replacement and the fastest form of transport for urban journeys under six miles.

“While DENSO is certainly concerned about the projected future decline of new car sales in the United States, we are also very excited about the growth possibilities offered by the new types of mobility that are being pioneered by startup companies around the world,” said Tony Cannestra, Director of Corporate Ventures at DENSO. “While micromobility is a fairly new concept for the transportation industry, its potential value to urban environments is undeniable, and it is an area we are excited to support through an investment in Bond Mobility. With the rise of smart cities and countries focusing on reducing environmental harm, Bond Mobility has the capabilities to provide people with easy and safe short-range transportation options, enabling DENSO to help achieve its goal of drastically reducing CO2 emissions.”

Bond provides micromobility through its high-performance speed eBike service, currently operating in Zurich and Bern, Switzerland. Bond has the power and speed to provide wide-ranging utility in an urban environment while easily fitting into local “bicycle” regulatory requirements. It is also safer, more efficient and robust than other sharing services currently available.

“At Bond, we have big ideas about the possibilities of small vehicles, and we are thrilled a top-tier auto supplier recognizes that as well and has made such a major investment in our company,” said Raoul Stockle, co-founder and CEO of Bond.

Kirt McMaster, co-founder and CBO of Bond, added, “Through our partnership with DENSO and Ininvest, we’ll be able to bring our services to more citizens, cities and markets in the United States and abroad. High-performance micromobility is a revolution in urban transportation and DENSO sees this as the future.”

DENSO is working toward a safer and more comfortable and accessible future of mobility. It will accelerate its MaaS strategy through active partnerships with companies like Bond to better understand the service users, issues and needs to provide a better urban transportation experience.

 

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 13 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 BOND

Bond was founded in 2017 by Raoul Stockle, Kirt McMaster, Corinne Vogel, Nick Muller and Horace Dediu, who many consider the coiner of the term micromobility. Headquartered in Palo Alto, California and Zurich, Switzerland, Bond has been operating station-less eBike services long before others and is the only service offering high performance 30MPH micromobility. Our one-of-a-kind station-less speed eBike service is transforming not only urban but suburban transportation. Enabling longer trips and greater customer utility, Bond is a true car/rideshare/public transit replacement for most journeys under 5 miles in length.

 

 

DENSO Announces Year-end Financial Results

Press Releases

KARIYA (Japan) ―DENSO, the world’s second largest mobility supplier, today announced its global financial results for the fiscal year ending March 31, 2019:

  • Consolidated revenue totaled 5,362.8 billion yen (US$48.3 billion), a 5.0 percent increase from the previous year.
  • Consolidated operating profit totaled 316.2 billion yen (US$2.8 billion), a 23.4 percent decrease from the previous year.
  • Consolidated profit attributable to owners of the parent company totaled 254.5 billion yen (US$2.3 billion), a 20.6 percent decrease from the previous year.

“DENSO’s revenue rose in all regions due to an increase in global vehicle production, despite a market slowdown in Europe and China. In addition, DENSO’s newly consolidated subsidiary, DENSO TEN, contributed to the additional growth in revenue. Operating profit decreased due to the company’s increase in investments to help secure its future growth toward becoming a leading advanced mobility supplier. Additionally, transient profit in the last fiscal year and quality cost that were posted in the fourth quarter also attributed to a decrease in profitability,” said Koji Arima, president and CEO of DENSO Corporation.

In Japan, 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 3,266.0 billion yen (US$29.4 billion), a 5.9 percent growth from the previous year. Despite a rise in production volume and cost-reduction efforts, there was a drop in operating profit to 126.0 billion yen (US$1,135.5 million), a 37.2 percent down from the previous year. This is attributed to investments for future growth, transient profit in the last fiscal year and quality costs.

In North America, a production volume increase and sales expansion led to an increase in revenue to 1,212.4 billion yen (US$10.9 billion), a 4.9 percent increase from the previous year. Operating profit totaled 29.6 billion yen (US$266.8 million), a 30.3 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 652.5 billion yen (US$5.9 billion), an 1.5 percent decrease from the previous year. As a result of the increase in cost-reduction efforts, operating profit totaled 22.8 billion yen (US$205.7 million), a 13.8 percent increase from the previous year.

In Asia, a rise in vehicle production led to an increase in revenue to 1,416.4 billion yen (US$12.8billion), a 7.1 percent rise from the previous year. In spite of the increase in production volume and cost-reduction efforts, due to impairment of a subsidiary in Korea, operating profit totaled 128.4 billion yen (US$1,157.2 million), a 6.1 percent decrease from the previous year.

In other areas, mainly the South American region, specifically Brazil and Argentina, revenue totaled 72.7 billion yen (US$655.4 million), a 7.9 percent decrease from the previous year. Operating profit totaled 10.3 billion yen (US$92.9 million), a 23.1 percent decrease from the previous year.

“For the new fiscal year, revenue and operating profit will increase due to sales expansion of electrification and safety related products,” said Arima.

(Foreign exchange rates used for the full-year are US$= 110 yen, Euro= 125 yen)

Forecast for Fiscal Year Ending March 31, 2020

Full-Year Forecast Changes from Previous FY
Revenue 5,500.0 billion yen

[US$49.6 billion]

137.2 billion yen

(+2.6 percent)

Operating profit 380.0 billion yen

[US$3.4 billion]

63.8 billion yen

(+20.2 percent)

Profit before income taxes 429.0 billion yen

[US$3.9 billion]

73.0 billion yen

(20.5 percent)

Profit attributable to owners of the parent company 305.0 billion yen

[US$2.7 billion]

50.5 billion yen

(19.8 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 110.99 yen = US$1, the approximate exchange rate prevailing in the Tokyo Foreign Exchange Market March. 29, 2019. Billion is used in the American sense of one thousand million.

About DENSO Corporation

DENSO is a $48.3 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 211 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 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global

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DENSO Organizes Activities to Celebrate National Take Our Daughters and Sons to Work Day with Fun, Community Impact

Press Releases

BATTLE CREEK, Mich. (April 25, 2019) ― Sixty kids are expected to experience a variety of fun activities while giving back to the community at DENSO’s Thermal facility in Battle Creek as part of this year’s National Take Our Daughters and Sons to Work Day. The event, held on April 25 from 11:30 am – 4:30 pm, will focus on introducing children to the exciting world of automotive and the opportunities it can offer.

The kids involved are the children of DENSO employees, ranging from engineers to production workers. Activities are centered around the importance of collaboration and quality and will include assembling care packages for local charities. Participants will also take a plant tour and visit their family members to learn about their job requirements and the skills needed to work in the evolving mobility industry.

“This is an important day for us at DENSO. We’re showing children the work their parents or guardians are doing is important – it’s keeping drivers and their passengers safe and comfortable,” said Natalie Ebig Scott, communications and external affairs, at DENSO’s Thermal facility in Battle Creek. DENSO’s thermal facility in Battle Creek has supported a celebration of this national event at DENSO for more than 18 years.

“Whether it’s hosting a child at DENSO for the day, sponsoring a FIRST Robotics team or visiting a local school, DENSO is committed to helping young people understand the possibilities of a STEM career, and the value of working at a company that prioritizes teamwork, inclusion and quality,” said Scott.

The care package production activity will take place from 1:30 – 3:45 pm. The children will assemble 360 toiletry kits for the homeless, each filled with lip balm, hand sanitizer, nail clippers, a razor, toothbrush, toothpaste, pocket tissues, a comb, Q-tips, a bar of soap and a card from DENSO. The packets will be divided evenly between Charitable Union, Safe Place and The Haven.

 

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 13 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/.

 

Toyota, DENSO and SoftBank Vision Fund to Invest $1 Billion in Uber’s Advanced Technologies Group

Press Releases

SAN FRANCISCO and TOKYO – April 18, 2019 Toyota Motor Corp. (Toyota), DENSO Corporation (DENSO) and the SoftBank Vision Fund (SVF) announced today that they will invest $1 billion in Uber Technologies Inc.’s Advanced Technologies Group (Uber ATG). The investment, in a newly formed ATG corporate entity, aims to accelerate the development and commercialization of automated ridesharing services.

Under the terms, Toyota and DENSO will together invest $667 million and SVF will invest $333 million, valuing the new Uber ATG entity at $7.25 billion on a post-money basis.

Toyota invested $500 million in Uber in August 2018, when the two companies announced their intention to bring pilot-scale deployments of automated Toyota Sienna-based ridesharing vehicles to the Uber ridesharing network in 2021, leveraging the strengths of Uber ATG’s self-driving technology alongside the Toyota Guardian™ advanced safety support system.

Today’s further investment and expanded partnership builds upon the progress made to date, deepening the companies’ collaboration in designing and developing next-generation autonomous vehicle hardware. It will also prepare the companies and industry for mass production and commercialization of automated ridesharing vehicles and services. Toyota will also contribute up to an additional $300 million over the next three years to help cover the costs related to these activities.

Dara Khosrowshahi, CEO of Uber, said, “This investment and our strong partnership with the Toyota Group are a testament to the incredible work of our ATG team to date, and the exciting future ahead for this important project, alongside great partners. The development of automated driving technology will transform transportation as we know it, making our streets safer and our cities more livable. Today’s announcement, along with our ongoing OEM and supplier relationships, will help maintain Uber’s position at the forefront of that transformation.”

Shigeki Tomoyama, Toyota executive vice president and president of Toyota’s in-house Connected Company stated that, “Toyota is dedicated to realizing a safe and secure future mobility society. Leveraging the strengths of Uber ATG’s autonomous vehicle technology and service network and the Toyota Group’s vehicle control system technology, mass-production capability, and advanced safety support systems, such as Toyota Guardian™, will enable us to commercialize safer, lower cost automated ridesharing vehicles and services. We believe that the combined work of Toyota, DENSO, and Uber ATG on developing next-generation autonomous vehicle hardware will accelerate the timeline for and early success of automated ridesharing services.”

Hiroyuki Wakabayashi, executive vice president of DENSO said, “Among the biggest challenges facing automated driving, most lie in how to implement both the hardware and the software at scale. DENSO, as a global automotive supplier, is excited to collaborate with Uber ATG and Toyota to develop advanced automated driving hardware that we believe will transform future mobility.”

Rajeev Misra, CEO of the SoftBank Vision Fund said, “The team at Uber ATG has made significant progress developing highly robust automated ridesharing technology. With a comprehensive platform of hardware and software, the largest global ridesharing network and Toyota’s partnership, this collaboration is well-positioned to deploy automated ridesharing services at scale.”

The transaction is expected to close in Q3 of calendar year 2019.

About Uber

Uber’s mission is to create opportunity through movement. We started in 2010 to solve a simple problem: how do you get access to a ride at the touch of a button? More than 10 billion trips later, we’re building products to get people closer to where they want to be. By changing how people, food, and things move through cities, Uber is a platform that opens up the world to new possibilities. Today, the team at the Advanced Technologies Group (ATG) is tackling another challenge: how do you build and deploy safe self-driving technology at scale? The ATG is comprised of world-class engineering talent dedicated to vehicle safety, self-driving software, mapping, and more. Uber is taking a holistic approach to bringing self-driving vehicles to market through a variety of partnerships, with the ultimate goal of creating autonomous ridesharing at scale.

Global Diversity

Press Releases

 

/ DENSO is a global company that thrives on diversity. With over 200 companies in more than 30 countries and regions around the world, our passionate employees from wide-ranging backgrounds and cultures bring diverse perspectives and expertise to innovate toward a brighter tomorrow. Our corporate culture cultivates a work environment of mutual respect and inclusion to bring out the best from every individual. /

At DENSO, we believe diversity — and the unique perspectives and backgrounds it brings — is key to our growing success.

DENSO Sponsors Free General Admission at the Michigan Science Center to Celebrate Earth Day

Press Releases

SOUTHFIELD, Michigan – DENSO, the world’s second largest mobility supplier, is sponsoring a free general admission day at the Michigan Science Center (MiSci) in honor of Earth Day and DENSO’s long-time commitment to sustainability. The free admission day is on Saturday, April 20, 2019, from 10 a.m. – 5 p.m. Pre-registration is required and available now at Mi-Sci.org.

DENSO launched its first environmental policy and action plan, coined ECO VISION, in 1997 to outline its global sustainability targets. The most recent version, ECO VISION 2025, aims to help resolve environmental and energy issues, and conduct eco-friendly business.

“As DENSO shapes the future of mobility, we’re also focused on ensuring our solutions help preserve our planet. Sustainability has been one of our core values since our founding. That’s why we’re excited to offer free admission to our community members and give them access to a place dedicated to inspiring all ages to discover, explore and appreciate science and our planet,” said Kenichiro Ito, senior executive officer for DENSO Corporation and chief executive officer of DENSO’s North American Headquarters.

MiSci’s free admission day includes access to more than 250 hands-on exhibits, live stage shows, the Smithsonian’s Spark!Lab, Kids Town gallery, STEM Playground, and Space gallery. Earth Day activities include stomp rockets, pocket solar system, static electricity and much more. The event also marks the grand opening of Global Soundscapes in the Toyota Engineering 4D Theater. Global Soundscapes is an ear-opening journey into the science of sound and the emerging field of soundscape ecology. All showings will be free on April 20, courtesy of DENSO. Space is limited and tickets will be available on a first come, first served basis.

“We’re excited to share our passion for science with the Metro Detroit community. The free admission day is a perfect way to kick off Earth Day celebrations and gives all ages an opportunity to become Earth scientists,” said Michigan Science Center Chief Learning Officer Cassie Byrd. “We thank DENSO for providing free access to the MiSci experience, especially in honor of environmental protection.” 

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 13 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 the Michigan Science Center

The Michigan Science Center (MiSci) inspires nearly 300,000 curious minds of all ages every year through STEM (science, technology, engineering, and math) discovery, innovation and interactive education in Detroit and across the state of Michigan. As the STEM hub of the state, MiSci focuses on developing and introducing expanded education programs, exhibits, and initiatives that empower and enrich all children and all communities with STEM. Through our Traveling Science Program and distance learning initiative, ECHO, we are expanding beyond our Detroit-based facility, with a goal of reaching all 83 counties of Michigan. With the Toyota Engineering 4D Theater, live stage shows, a Planetarium, lab activities, 250+ hands-on exhibits, and more, there are dozens of ways to customize your MiSci visit. The Michigan Science Center is a 501(c)(3) nonprofit organization and does not receive support from the city of Detroit or the state of Michigan. For more information, please call 313.577.8400 or visit the website, Mi-Sci.org.

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DENSO Honors its Japanese Heritage and Longtime U.S. Presence by Sponsoring National Cherry Blossom Festival

Press Releases

Southfield, Mich. (April 10, 2019)DENSO, the world’s second largest mobility supplier, is one of the Sakura Circle sponsors of the 2019 National Cherry Blossom Festival, an event that honors the relationship between Japan and the United States and takes place each spring in Washington, D.C. The sponsorship celebrates DENSO’s Japanese roots and commemorates its longstanding commitment to the U.S.

Cherry blossoms, known as sakura in Japan, symbolize new beginnings and a time of renewal. Since the flower’s lifespan only lasts a couple of weeks, the cherry blossom also reminds individuals how short-lived time on earth can be and why it’s important to make the most of the present. In Japan, the blooming of the cherry blossoms is celebrated in a custom called ohanami, a phrase meaning “watching blossoms,” and is a tradition that goes back thousands of years.

“As a global mobility supplier with a long history in Japan as well as the United States, we’re happy to promote an event that represents the friendship and collaboration between the two nations,” said Kenichiro Ito, senior executive officer for DENSO Corporation and chief executive officer of DENSO’s North American headquarters. “The National Cherry Blossom Festival honors a beloved Japanese tradition, and we are proud to support the festivities.”

DENSO’s North American roots reach back to 1966 when the supplier opened its first sales office in Chicago. A year later, DENSO opened a Midwest sales office in Southfield, Michigan, and in 1985, the office was established as DENSO International America, Inc., DENSO’s North American headquarters. Today, DENSO employs 17,000+ employees in the United States across 13 states and 25 sites. The group continues to grow its presence across the country, most recently announcing the integration of ASMO North Carolina, Inc. and the opening of its Connected Services Pennsylvania Technical Center in Scranton.

The National Cherry Blossom Festival honors the gift of 3,000 cherry trees that Tokyo Mayor Yukio Ozaki made to Washington, D.C. in 1912. More than 1.5 million people gather in the American capital between mid-March and early April to celebrate the culture, art and tradition the festival commemorates. The event is free to the public. 

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 13 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 Changes of Executive Responsibility

Press Releases

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

Changes of Responsibility

The following changes will be effective April 8, 2019

Title

Name

New Current
Executive Vice President

Sadahiro Usui

China Div., Strategy for Alliance, Purchasing Group, Taiwan Region China Div., Strategy for Alliance, Purchasing Group
Senior Executive Officer

Yasuhiro Iida

Thermal Systems Business Group, South America, Middle East Thermal Systems Business Group, Taiwan Region,

South America

Senior Executive Officer

Yasushi Matsui

Global Strategy Center, Group Companies of Japan, Finance & Accounting Div. Global Strategy Center,

Finance & Accounting Div.

Changes are underlined

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 to Invest $1.6 Billion to Strengthen Development and Production of Automotive Electrification Products and Systems

Press Releases

SOUTHFIELD, Mich. ― DENSO, the world’s second largest mobility supplier, today announced it will invest approximately 180 billion yen (US$1.6 billion) over the next three years – from FY2018 to late FY2020 – to support its aggressive development and production of electrified automotive products, systems and technologies. To achieve its long-term business goal to create and inspire new value for the future of mobility, DENSO is focused on increasing its performance in the area of electrification.

“DENSO is committed to advancing automotive innovation and anticipating the changing needs of our customers in the transportation industry. Electric vehicles are increasingly becoming the norm throughout the world, and to meet the rising global demand for automotive electrification technologies and products, DENSO will strengthen its ability to develop and produce them,” said Yukihiro Shinohara, Senior Executive Office of DENSO.

To accelerate business execution around electrification, DENSO is establishing the Electrification Innovation Center at DENSO’s Anjo Plant in Anjo, Aichi, Japan, in May 2020. The Electrification Innovation Center will conduct advanced R&D, develop and test prototypes, and launch newly developed automotive electrification products, systems and technologies.

In addition, now that DENSO and Toyota Motor Corporation (Toyota) have officially agreed to consolidate their electronic component businesses within DENSO, Toyota’s Hirose Plant will be transferred to DENSO in April 2020. DENSO will use the Anjo and Hirose Plants to establish safe, efficient and sustainable manufacturing processes for electrification-related components. The superior production lines established at the Plants will be rolled out to DENSO’s manufacturing companies and affiliates worldwide.

DENSO has long developed and produced key products for electric vehicles, including inverters and motor generators used in hybrid vehicles and battery packs for mild hybrid vehicles, and it helped pioneer the Prius. Recently, DENSO has partnered with startups to develop software-based solutions to advance innovation in electrification, as well as automated driving, connectivity and shared economy.

 

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 13 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 Opens Pennsylvania Technical Center to Enhance Diagnostics Tech in Aftermarket, Other Business Units

Press Releases

SOUTHFIELD, Michigan ― DENSO, the world’s second largest mobility supplier, today announced the opening of the Connected Services Pennsylvania Technical Center in Scranton. It was previously part of EASE Simulation, Inc., an automotive diagnostics developer, that was fully acquired by DENSO in 2018. The technical center will operate under DENSO Products and Services Americas, Inc., and further enhances DENSO’s ability to deliver cutting-edge aftermarket products and services – particularly as they relate to automotive inspection software, and telematics systems – to customers across North America. These technologies, in part, propel DENSO’s broader focus on services in the aftermarket space and enable greater access to vehicle data, which informs retailers and technicians how cars can be made more efficient and safe.

Beyond aftermarket, the technical center bolsters the company’s offerings within its Original Equipment Service (OES) and non-automotive businesses. It also strengthens DENSO’s bold push into software solutions to account for new mobility needs and supports organizational changes happening at DENSO locations across North America, which includes 31 sites in the U.S., Canada and Mexico and over 24,000 employees. Together, these measures speed innovation and will help DENSO achieve its long-term vision of safe and sustainable future mobility.

“Advanced diagnostics technology continues to take on increasing importance as vehicles rapidly become more connected and complex,” said Kenichiro Ito, senior executive officer for DENSO Corporation and chief executive officer of DENSO’s North American Headquarters. “Through the technical center, DENSO looks to make it easier for fleet managers and technicians to access data in vehicles that will empower them to make cars safer and more fuel efficient.”

Founded in 1993 in Scranton, Pennsylvania, EASE and its products primarily focus on inspection, diagnostics, telematics and emissions. One of its leading products is VehicleMRI®, a precision tool used to inspect and analyze automotive electronic systems and pinpoint hidden problems past typical check-engine-light issues with maximum accuracy. 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.

“The Connected Services Pennsylvania Technical Center, with its extensive diagnostics background, boosts our aftermarket presence in the Midwest and complements our other locations in Ohio and Indiana,” said Haruhiko Kato president of DENSO Products and Services Americas, Inc. “Because of our robust network across North America, as well as our focus on services in aftermarket and OES, we’re well-suited to support our customers quickly and to the unique requirements they demand as vehicle connectivity proliferates.”

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 Prioritizes Safety through Partnership with B.R.A.K.E.S Teen Defensive Driving Program

Press Releases

SOUTHFIELD, Michigan ― Every day, at least nine Americans die and 100 are injured in distracted driving crashes*. In 2016, more than 3,000 people were killed by distracted drivers**. To end preventable injuries and death, DENSO, the world’s second largest mobility supplier, has donated $125,000 in fiscal year 2019 to extend and expand its partnership with national teen defensive driving program B.R.A.K.E.S. (Be Responsible And Keep Everyone Safe). The B.R.A.K.E.S. charity offers young drivers across the country, and their parents, free, extensive behind-the-wheel training to reduce auto crashes.

Car crashes are the number-one cause of death among teens in the United States. Even scarier – more than 90 percent of all crashes are caused by human error, such as texting, speeding or impaired driving. April is National Distracted Driving Awareness Month, and both DENSO and B.R.A.K.E.S. are committed to educating drivers of all ages on the dangers caused by mental, visual and manual distractions. Cell phones, in-car entertainment and navigation systems, passengers – anything that competes for a driver’s attention – can pose a threat to road safety for drivers, riders, pedestrians and the surrounding environment.

“DENSO is invested in creating a society that is free of traffic accidents. We’ve been developing technologies and products that improve the safety and efficiency of vehicles for decades. But even that isn’t enough to prevent every accident from happening,” said Robert Townsend, vice president, Community Affairs at DENSO. “We are proud to continue our partnership with B.R.A.K.E.S. to build on our vision for a future with zero traffic accidents.”

DENSO develops and manufactures a wide range of safety technologies available in vehicles today, like autonomous emergency braking, lane departure warning, forward collision mitigation, park assist, adaptive cruise control and blind spot warning systems. DENSO’s work on sensor technologies that cover different driving conditions and with artificial intelligence to improve image recognition is crucial for autonomous driving. The mobility supplier also supports many road safety education events and activities in the communities where its 24,000+ U.S. employees work and live.

“We conduct dozens of B.R.A.K.E.S. schools all across the country every year, and raising awareness of the dangers of distracted driving has always been a core part of our curriculum,” said B.R.A.K.E.S. founder and longtime NHRA drag racing star Doug Herbert. “During this year’s National Distracted Driving Awareness Month, we’re working with DENSO to reach an even larger audience with this critical message of safety. We’re grateful to DENSO and all of our other partners, donors and supporters for helping us to save teen lives and make our roads safer for everyone.”

B.R.A.K.E.S. is a 501(c)3 charity organization that provides free, hands-on advanced driver training through its Teen Pro-Active Driving School that is facilitated by ex-law enforcement and professional racing drivers and teaches teens and their parents how to be safer on the road. Herbert started the program after losing his two sons in a tragic car crash and has since trained over 35,000 teens around the country.

During National Distracted Driving Awareness Month, B.R.A.K.E.S. is hosting driving schools in Georgia, California and North Carolina. To see the full 2019 schedule and register yourself or your teen for a class near you, visit www://putonthebrakes.org/.

*The National Safety Council

**National Highway Traffic Safety Administration

 

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 13 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 B.R.A.K.E.S.

Doug Herbert’s B.R.A.K.E.S. (Be Responsible and Keep Everyone Safe) is a GuideStar Platinum-rated 501(c)3 non-profit whose mission is to prevent injuries and save lives by training and educating teenage drivers and their parents about the importance of safe and responsible driving. B.R.A.K.E.S. was founded in 2008 after Top Fuel drag racer Doug Herbert lost his two young sons, Jon and James, in a tragic car crash. Today, more than 35,000 teens from 45 different states and five countries – and their parents – have graduated from the B.R.A.K.E.S.’ intensive half-day training course, which is free of charge and features hands-on skills exercises taught by professional instructors in a fleet of new vehicles donated by Kia Motors America.

Advanced Driver Training

B.R.A.K.E.S. is NOT Driver’s Ed. It is a FREE, hands-on, advanced driver training program taught by professional instructors, including current and former members of law enforcement, professional racers and stunt drivers. B.R.A.K.E.S. maintains a low three-to-one student-to-instructor ratio to maximize educational effectiveness.

Each weekend B.R.A.K.E.S. school includes four identical sessions to allow parents and teens to pick one that will fit into their busy schedules. Each session includes four hours of training, starting with a short, 45-minute classroom presentation followed by nearly three hours behind the wheel of new Kia vehicles.

Courses include distracted driving awareness, panic braking, drop-wheel/off-road recovery, crash avoidance and car control/skid recovery – all of the biggest causes of crashes for new drivers. Other educational elements often include ‘Big Rig’ safety, first responder vehicle extrication demonstration, and what to do in the event of a traffic stop.

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Settlements of Class Action Lawsuits in the U.S.

Press Releases

KARIYA (Japan) ― DENSO Corporation (hereafter “DENSO”) and certain of its consolidated subsidiaries have entered into Settlement Agreements with the Direct Purchaser Plaintiffs in putative class action lawsuits in the United States.

  1. Background of Lawsuits and Settlements

Since October 2011, putative auto parts class action lawsuits have been brought against DENSO in the United States alleging that the plaintiffs incurred damages as a result of alleged violations of the United States antitrust laws. These lawsuits have been merged as a multi-district-litigation pending in the U.S. District Court, Eastern District of Michigan. After extensive negotiations, DENSO has reached settlements with the Direct Purchaser Plaintiffs. The settlements that include no admission of liability are still subject to approval by the Court.

  1. Settlement Plaintiffs

Direct Purchaser Plaintiffs

  1. Settlement Amount

US$2.1 million (approximately 230 million yen)

  1. Effect on Financials

DENSO does not expect any significant impact on its consolidated financial forecast as a result of this matter.

 

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

DENSO is committed to striving to restore the full confidence of all stakeholders by complying with all applicable antitrust laws around the world.

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DENSO to Share Future of Mobility Insights at SAE International’s 2019 World Congress Experience

Press Releases

SOUTHFIELD, Michigan ― DENSO, the world’s second largest mobility supplier, will showcase its expertise among industry leaders in the automotive community at SAE International’s 2019 World Congress Experience (WCX19) in Detroit, Michigan, at Cobo Center, April 9-11. DENSO’s sponsorship and panel participation is part of the company’s major focus on key mobility initiatives such as electrification, automated driving and connected cars.

“As a leading automotive supplier committed to a mobility-driven future, we value opportunities to exchange wisdom with others in the field at WCX19, an event which DENSO has proudly sponsored for 19 consecutive years,” said Bill Foy, senior vice president of Research and Development at DENSO’s North American headquarters. “This is an opportunity for industry leaders to come together and discuss the trends shaping the future of automotive. DENSO is excited to share our latest developments in software solutions and other technologies to take transportation into the future.”

This year, Justin McBride, advisor to DENSO’s proof of concept team, will participate in a panel discussion focused on advanced in-vehicle Human Machine Interface (HMI) systems, critical as the industry moves toward level 3 and 4 automated vehicle technologies. DENSO is developing voice biometrics technology to help vehicles identify which person in the cabin is speaking and to ignore road noise, electronics and music.

The interior of vehicles continues to transform due to automated driving. For example, DENSO recently joined the Digital Olfaction Automotive Consortium (DOAC) as a founding member to set the standard for odor measurement.

Over 10,000 technical experts and business leaders will be attending WCX19 to learn about the evolution of the automotive industry and emerging technologies such as connectivity to automated vehicles, Internet of Things (IoT), Big Data and more. WCX19 also aims to help individuals workshop their skills and provides networking experiences essential for professional development.

Panel Session:
C2C Roundtable: What is the Future Vision of a Vehicle’s Interior and the Technology to Deliver Upon This Digital Environment?

Wednesday, April 10, 3:30 p.m.
Room The Exchange – Exhibit Floor

Justin McBride, advisor to DENSO’s proof of concept team, will join a group of panelists to discuss Human Machine Interface (HMI) systems and share what DENSO is doing to meet customer’s expectations in this rapidly evolving field.

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 13 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 Completes Integration with ASMO in the U.S. to Strengthen Motors Business

Press Releases

SOUTHFIED, Mich.DENSO, the world’s second largest mobility supplier, has fully integrated its consolidated subsidiary ASMO companies in the U.S. into its North American operations. As the automotive industry speeds toward electrification and automated driving, the improved performance and reliability of motors becomes even more essential. By combining ASMO’s small-motor strengths with DENSO’s expertise in large, high-power motors, DENSO will accelerate its development of motor technologies and innovations for North American customers.

Effective April 1, 2019, DENSO Manufacturing North Carolina (DMNC), formerly known as ASMO North Carolina, Inc., will become a more integral part of DENSO’s North America Motors Business group. DMNC’s main site is in Statesville, North Carolina, with additional locations in Greenville, North Carolina; Battle Creek, Michigan; and Ennis, Texas. This integration is part of DENSO’s long-term plan to create new value for the future of mobility by operating more efficiently, accelerating R&D.

“Automakers around the world are focused on electrification and automated driving. The products and technologies required to support that are sophisticated and require constant innovation and enhancements,” said Kenichiro Ito, executive officer for DENSO Corporation and chief executive officer of DENSO’s North American Headquarters. “This business integration will allow us to combine the strengths of both companies acquired over the years to achieve our shared goal to create a safe, secure and sustainable future.”

Electrification and automated driving systems require high-precision and high-value-added motors. The integration of DENSO’s and DMNC’s motor businesses promotes collaboration amongst both companies to accelerate the development of advanced technologies and product innovation. 

Masanori Iyama will lead DENSO’s North America Motors Business group and serve as president of DMNC. Iyama will transition from his current role as head of Motor Planning Division for DENSO Corporation.

DMNC produces blower motors, power seat motors, windshield wiper systems, power window motors, electric power steering motors and pinch sensor assemblies. It employs roughly 1,500 people.

“DENSO has had a behind-the-scenes presence in North Carolina for years. Residents might not recognize our name, but we manufactured a product or two underneath the hood of their cars,” said Iyama. “We’re excited to have a more visible role and introduce the community to our commitment to mobility.”  

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 13 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 Fosters Future Generations of Mobility Professionals with its Commitment to FIRST Robotics and STEM Education

Press Releases

SOUTHFIELD, Michigan. – DENSO, the world’s second largest mobility supplier, announced today its continued commitment to shape the future of the automotive industry by getting young students interested in highly skilled careers in science, technology, engineering and advanced manufacturing. As such, DENSO is supporting 29 high school teams participating in FIRST Robotics Competitions in 2019.

For nearly 20 years, DENSO has supported FIRST Robotics through volunteer mentors, product and technology donations, and monetary funding. This year, DENSO is donating $144,500 to schools and competitions across North America.

“DENSO is at the forefront of developing innovations that are shaping what transportation and mobility will look like in the future. In order to realize our long-term vision, we know we need to make smart investments, not just in companies and technologies, but also in our most important assets, people,” said Denise Carlson, vice president of the North American Production Innovation Center (NAPIC) Planning and NAPIC Material Engineering groups at DENSO. “It is our hope that today’s student participants will become tomorrow’s leading engineers working with and alongside DENSO to create safer work environments and higher-quality products through automation.”

So far this year, DENSO-sponsored teams have seen great success. The JetStream FIRST Robotics Competition Team #2710, mentored by DENSO employee Barbara Tamura, took first place at the Long Beach/LA Port Fleet Week Competition. In Southfield, Mich., the Southfield A&T team, also mentored by DENSO, took first place at a heated competition in front of a large crowd of more than 2,000.

In addition to the FIRST Robotics high school teams, DENSO is supporting the following:

  • 18 FIRST Lego League competitions across the U.S. and Mexico
  • Four FIRST Robotics regional competitions in Michigan and Iowa: Southfield Districts, Lakeview Districts, Iowa Regional and Smoky Mountain Regional
  • Three Michigan middle school teams in FIRST Tech Challenges: Bloomfield Hills Middle School, Smith Middle School and Northville High School

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

“Supporting youth involved in STEM-based activities teaches them that goals are easier to achieve through teamwork and collaboration,” said Tamura. “DENSO mentors like me are teaching the young people on our teams about engineering, analytics, problem-solving, marketing and artificial intelligence, but more than anything we are helping them see the future opportunities a career in this field could offer them.”

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 13 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 the National Society of Black Engineers Annual Conference in Detroit

Press 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 Announces Executive Leadership Changes in North America

Press 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/.

# # #

 

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/

# # #

 

 

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

 

# # #

 

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

Press 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

Press 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/.

# # #

 

 

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

Press 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 Releases Senior 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

Press 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

Press 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/.

# # #

 

DENSO Announces Full Acquisition of EASE Simulation, Inc.

Press 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.

# # #

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/.

# # #

 

 

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.

# # #

 

 

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

Press 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.

# # #

Why DENSO is Spending Big in East Tennessee

Press 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.

###

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

Press 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/.

# # #

 

DENSO Honored by Ford Motor Company at the 20th Annual World Excellence Awards as a Top-Performing Global Supplier

Press 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.

# # #

 

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/.

# # #

 

DENSO Releases New Safety Monitor to Reduce Accidents Involving Commercial Vehicles

Press 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

Press 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.

# # #

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

Press 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

Press 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 Releases Senior 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/

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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/

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DENSO Announces Four North American Leadership Promotions

Press 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.

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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.

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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/

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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

Press 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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DENSO invests in Mobility as a Service Company Ridecell

Press 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 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

Press 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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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

Press 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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