News

Modular Mining Systems’ Collision Awareness System to Feature DENSO’s Industry Leading Connected Vehicle Technologies for Advanced Risk Mitigation in Mines

Press Releases

Tucson, Arizona – July 10, 2017: Modular Mining Systems, Inc., the global leader in real-time mine management solutions, today announced its fourth-generation Collision Awareness System (CAS) to feature key technologies from DENSO. The system combines DENSO’s industry-leading, standards-based vehicle-to-vehicle (V2V) connected vehicle technologies with its own software and hardware, enabling the CAS to help increase situational awareness and mitigate collision risk in a mine.

Established in 1949, DENSO is recognized as one of the world’s largest Tier 1 suppliers of advanced automotive technology, systems and components. The Collision Awareness System leverages DENSO’s proven technologies to provide 360-degree situational awareness. Audible and visual alerts warn operators of potential collisions with other CAS-enabled equipment, while complex algorithms perform real-time risk assessment calculations to minimize nuisance alarms.

“Our relationship with DENSO underscores our commitment to bringing the best-of-breed solutions to our customers and takes collision awareness technology in the mining industry to new heights,” said Lucas van Latum, Director, Product Strategy at Modular. “Our approach to collision awareness is built upon 15 years’ worth of standards, technologies, and algorithms developed and tested for the automotive market, which we’ve tailored and extended to meet the needs of the mining industry,” he added.

As part of the collaboration, Modular is able to leverage DENSO’s many years of automotive safety and connected vehicle technology R&D, extensive automotive industry expertise, and rigorous governmental safety testing and qualifications. The system works in several standard license-free frequencies, as well as in the licensed 5.9GHz dedicated short-range communications (DSRC) frequency spectrum, which prioritizes safety over non-safety applications, and is designed to perform in extreme weather conditions including rain, fog, snow, and heat. Modular and its customers will also benefit from DENSO’s future product enhancements and innovations as safety technologies evolve.

“Combining Modular’s leading solutions with DENSO’s V2V technology, including dedicated short range communications (DSRC), will put the latest advances from global intelligent transportation systems into mines,” said Roger Berg, Vice President, North America Research and Development at DENSO. “The applications for V2V technology extend far beyond automotive, and we are confident our collaboration with Modular will improve the mining environment and contribute to safety in mines.”

Modular’s Collision Awareness System will be showcased at this year’s Mining Indonesia Expo from September 13-16 in Jakarta, Indonesia; at Exposibram 2017 from September 18-21 in Belo Horizonte, Brazil; and at Expomineria from October 25-28 in Guadalajara, Mexico.

About DENSO in North America

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

About Modular Mining Systems, Inc.

Founded in 1979, Modular Mining Systems, Inc. is the market-leading provider of powerful information management solutions that meet the needs of both surface and underground mining operations worldwide. Modular is committed to delivering state-of-the-art mine management technologies in the areas of production, machine guidance, equipment health, and operator safety. Modular employs close to 700 employees in 10 globally-distributed offices, with systems deployed at 250 client sites, including 18 of the 20 largest mines in the world. For more information, visit http://www.modularmining.com/.

DENSO Opens OES Sales Office in Plano, TX

Press Releases

LONG BEACH, Calif. – DENSO Products and Services Americas, Inc., an affiliate of leading global automotive supplier DENSO Corp., has opened an original equipment supplier (OES) sales office in Plano, Texas. DENSO expanded its sales operations to Plano to support the growing concentration of automotive customers in the region, notably Toyota Motor North America, Inc. and its dealership network.

Opened in mid-May with a staff of 11 with accommodations to support potential expansion, DENSO’s 3,300-square-foot office is located within Granite Park Four, a 12-story state-of-the-art business park in the thriving greater Dallas region. DENSO’s office is a large, open space environment designed to welcome customers and promote communication. The ergonomic floor plan features large and small conference areas bordered by individual workstations for visiting customers and private offices.

“From location to functionality, everything about our new office reflects DENSO’s commitment to first-class customer service,” said David H. Williams, director of OES Sales, Marketing and Strategic Planning. “This includes the latest technology for seamless sales transactions and customer support.”

The high-tech workspace is fully equipped with Wi-Fi, magnetic whiteboards with interactive touch screens, and portable tablets instead of desktop computers to maximize operational efficiencies and advance a paperless workplace. The latter also reflects DENSO’s larger commitment to sustainable business practices.

Likewise, Granite Park Four’s eco-friendly design and construction factored into DENSO’s decision to locate its Plano office within the business park. The development is under consideration by the U.S. Green Building Council for Leadership in Energy and Environmental Design (LEED) certification with a silver rating.

DENSO will hold a July 11 open house to welcome regional customers to the Plano office, located at 5850 Granite Parkway, Suite 950.

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

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics, information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 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.globaldenso.com

or visit our media website at http://www.globaldenso.com/en/newsreleases/media-center/.

About DENSO in North America

In North America, DENSO employs more than 22,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.densocorp-na.com.

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

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DENSO Awards Battle Creek Student Scholarships

Press Releases

BATTLE CREEK, Mich., 2017 ― Leading global automotive supplier DENSO has renewed its commitment to support and provide educational opportunities for the communities it serves in West Michigan. DENSO Manufacturing Michigan (DMMI) in Battle Creek, the city’s largest employer and one of the top automotive thermal systems and component producers, today awarded scholarships to four outstanding students through partnerships with the Battle Creek Community Foundation (BCCF) and the Battle Creek Area Math and Science Center (BCAMSC).

Scholarship resources come from the DMMI Scholarship Fund, which DENSO established in 1997 to assist children of employees with the rising cost of higher education.

“Ensuring our associates and their families have resources to develop tools to succeed is a core value at DENSO,” said Andris Staltmanis, president, DENSO Manufacturing Michigan. “Our scholarship fund allows us to extend beyond the work day and provide opportunities for our family members to flourish.”

The 2017 BCCF scholarship recipients are Jayson Butler and Calder Lachance of Lakeview High School and Ian Mullis of Saint Philip Catholic Central High School. Butler plans to attend Michigan State University and major in chemistry this fall. Lachance will study political science at the University of Michigan and Mullis will begin engineering studies at Kellogg Community College. A selection committee from the BCCF chooses winners based on student activities and work experience.

The BCAMSC scholarship promotes math and science education and excellence, recognizing outstanding graduates with financial assistance for college expenses. Staff at the BCAMSC selects two outstanding students for the scholarship each year. Lachance and Ana Singh, also of Lakeview High School, received this year’s scholarships. Singh will attend Calvin College to study biology and Spanish.

“The education you’ve received at the Math and Science Center has given you an excellent start,” said Brenda Dredge, director of new product introduction, DENSO Manufacturing Michigan, in a speech to students at the BCAMSC. “We are fortunate to have the Math and Science Center in our community, and we are proud to help you as you start your college studies and this next phase of your lives.”

About DENSO in Battle Creek
DENSO Manufacturing Michigan, Inc. (DMMI) is the lead production facility for DENSO’s Thermal Systems North American Center (TAC), manufacturing automotive air conditioning and engine cooling components and systems, including condensers, radiators, CRFMs (condenser, radiator, and fan modules), heater cores, evaporators and HVAC units. Founded in 1986 as DENSO’s first manufacturing facility in the United States, the DMMI campus in Battle Creek includes more than 1,380,000 square feet of manufacturing, warehouse and administrative floor space in 6 buildings on over 100 acres of land. DMMI is the largest employer in Battle Creek.

About DENSO in North America
DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates across the North American region. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 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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FORD MOTOR COMPANY HONORS DENSO WITH WORLD EXCELLENCE AWARD FOR SMART TECHNOLOGY

Press Releases

SOUTHFIELD, Mich., June 26, 2017 – DENSO International America, Inc. received a coveted Smart Technology Award for its Electric Hybrid Vehicle (EHV) Inverter business at Ford Motor Company’s19th Annual World Excellence Awards.

Ford Motor Company’s World Excellence Awards annually honor automotive suppliers that exceed the company’s highest standards in quality, cost, performance and delivery. Fifty-seven companies were selected as part of this year’s awards from a pool of thousands of global suppliers. DENSO was one of four suppliers recognized in the Smart Brand Pillar.

“Crafting consistently high-performing, smart technology is at the core of our business,” said Thomas Esser, vice president and Global Ford Sales Lead at DENSO. “This award speaks to our team’s tireless efforts to deliver innovative solutions impacting the increasingly important electric vehicle space, as well as exceeding Ford Motor Company’s highest quality standards.”

Ford Motor Company honors top-performing global automotive suppliers based on a variety of categories, including:

  • Primary Brand Pillars – quality, green, safe and smart
  • Aligned Business Framework principles focused on quality, value and innovation
  • Lincoln Luxury
  • Supplier Diversity Development

Honorees were recognized at the 19th annual Ford World Excellence Awards ceremony at the Henry Ford Museum in Dearborn, Michigan in May.

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates across the North American region. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.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’s Athens and Maryville locations Recognized by the Tennessee Department of Environment & Conservation

Press Releases

SOUTHFIELD, Mich.– The Tennessee Department of Environment and Conservation (TGSP) has recognized DENSO’s Athens and Maryville locations for outstanding environmental conservation and vision for creating a sustainable automotive society. A recent article from the Tennessee Green Star Partnership highlighted key environmental initiatives at each facility, including DENSO’s EcoParks and continued focus on recycling, energy management, and diverting waste material from landfills.

“Protecting the environment in which we work and engaging our community in a dialogue about environmental conservation are pillars of our business,” said Jack Helmboldt, President, DENSO Manufacturing Tennessee. “We pride ourselves on thinking of new ways to achieve sustainability and engage the community with hands-on learning opportunities that drive measurable impact.”

The article noted several environmental achievements at both Athens and Maryville:

  • Athens successfully diverted 98 percent of waste material (about 3,868 tons) from the landfill, amounting to 7.7 million pounds of recyclable material; Maryville reduced landfill material from 2,928 tons in 2000 to 9 tons in 2016
  • Athens implemented new pollution control technology to create a supplementary energy source and reduce overall CO2 emissions
  • Maryville implemented an “ice plant system” in its HVAC units, reducing the cost of cooling by about 40 percent, as well as reducing maintenance and downtime, and eliminating ozone depleting refrigerants
  • Both facilities engaged local communities at outdoor EcoParks around topics like recycling, litter prevention, pollution, and composting

TGSP also recognized how each facility’s environmental efforts align with DENSO’s worldwide Eco-Vision initiative. Eco-Vision provides local facilities with a blueprint to achieve a sustainable automotive society, and the decisions to implement non-traditional methods and technologies to improve energy efficiency and waste diversion enable teams to deliver on that promise, according to the article. DENSO’s ECO VISION policy, which was first launched in 1997, has been in place for nearly 20 years.

These recognitions build on DENSO’s history of environmental accolades in Tennessee. The TGSP has recognized the Athens and Maryville teams as Green Star Partners since 2002. TGSP Green Star Partners demonstrate commitment to continuously improve sustainability practices across their operations.

 

About DENSO in North America

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

DENSO Worldwide

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

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DENSO Foundation’s 2017 Grants Support Hands-On Education at 22 Institutions Across North America

Press Releases

SOUTHFIELD, Mich. – Supporting the communities DENSO serves and providing resources for the next generation of technical workers to succeed are core to DENSO’s success. To fulfill these promises, DENSO’s philanthropic arm – the DENSO North America Foundation (DNAF) – funds programs across the continent each year providing hands-on learning opportunities in areas from robotics and thermodynamics to design and materials development.

On May 22, the DNAF board confirmed its 2017 college and university grants: nearly $1 million in overall funding for 22 institutions and educational programs across North America.

“Innovation throughout the manufacturing industry will continue to produce more growth opportunities for students in skilled trades and technical fields,” said Doug Patton, president of the DENSO North America Foundation and executive vice president of Engineering at DENSO International America, Inc. “Companies will lean on this young workforce for years to come, and in order to succeed we need to empower students by giving a better sense for what they’ll experience in the workplace.”

“The automotive industry relies more and more on those with expertise in fields like robotics and electrical engineering and mechanical engineering,” said David Cole, DENSO North American Foundation board member. “Supporting STEM education enables DENSO to develop the next generation of talent needed to fill these roles. It also helps students find ways to translate their passion and skills into opportunity after graduation.”

Since 2001, the DNAF has advanced the auto industry through grants to colleges and universities, providing students with technology, tools, and experiences similar to that of the professional workplace they’ll experience after graduation. The proposal process for these education grants is invite only, and all proposals are evaluated based on technical merit, student experience, and alignment with industry needs.

This year’s grant recipients include:

  • Arkansas Northeastern College
  • Arkansas State University
  • California State University- Long Beach
  • Cleveland State Community College
  • CONALEP Technical College
  • Conestoga College
  • East Tennessee State University
  • FIME – Mechanical and Electrical Engineer College
  • Kettering University
  • Lawrence Technological University
  • Michigan State University
  • Michigan Technological University
  • North Carolina State University
  • Northeast State Community College
  • Oakland University
  • Tennessee Technological University
  • Trine University
  • University of Guelph
  • University of Kentucky
  • University of Tennessee – Chattanooga
  • University of Tennessee – Knoxville
  • Western Michigan University


About the DENSO North America Foundation

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

About DENSO in North America

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

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DENSO Teams Up with Safe Driving Experts to Help Reduce Auto Crashes in Communities throughout North America

Press Releases

SOUTHFIELD, Mich. – Global automotive supplier DENSO and its more than 23,000 employees in North America will mark the company’s Global Safety Month in May with a pair of new driving safety partnerships. Non-profits Safe Kids Worldwide and B.R.A.K.E.S. will help identify and engage DENSO employees across the U.S. and Canada as local driving safety advocates. Both organizations will join NHRA driver Clay Millican for a mobile road show touring DENSO facilities throughout the year, starting with DENSO’s Battle Creek and Southfield, Michigan locations later this week.

The partnerships underscore DENSO’s work to both craft the latest vehicle safety technology and educate drivers about how to use it to reduce auto accidents. DENSO will donate a total of $225,000 to the two organizations as part of the partnerships.

“Crafting automotive technology that helps save lives is at the core of what we do, but we also need to make sure drivers have the knowledge to take advantage,” said Robert Townsend, director of External Affairs at DENSO’s North American Regional Headquarters in Southfield, Michigan. “Safety needs to start at the local level, and these partnerships will empower our employees to engage their communities in meaningful dialogue about driving risks and safe behaviors.”

Safe Kids has nearly 30 years of experience educating communities about child safety on the road. The organization will develop comprehensive road safety toolkits for DENSO employees, providing the resources to become local road safety advocates. B.R.A.K.E.S. (Be Responsible and Keep Everyone Safe) provides free hands-on driving education for teens and their parents. Both organizations will participate in the road show, showcasing their work and recruiting employees to deliver important safety messages in communities where DENSO employees live and work. DENSO will provide financial support for the B.R.A.K.E.S. Teen Pro-Active Driving School to host trainings in the communities where it operates. To date, B.R.A.K.E.S. has trained more than 25,000 new drivers across the country.

NHRA driver Clay Millican and his DENSO-sponsored Top Fuel dragster will also provide an interactive experience for employees at each road show stop. Clay, a passionate driving safety advocate, will engage with employees and showcase his dragster’s safety features, after which employees can take a seat in DENSO’s Future of Mobility virtual reality experience.

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates across the North American region. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica

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 30 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.

About B.R.A.K.E.S.

In 2008, multi-time top fuel drag racing champion Doug Herbert suffered every parent’s worst nightmare – the loss of his two sons, Jon age 17 and James age 12, in a car crash. In response to this tragedy and the realization that car crashes are the number-one cause of death among teens in America, Herbert created the 501 (c)(3) non-profit B.R.A.K.E.S. (Be Responsible And Keep Everyone Safe) Teen Pro-Active Driving School. In the past eight years, more than 25,000 teens from 43 states and three countries have graduated from 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. The course maintains a low three-to-one student-to-instructor ratio and requires at least one parent to attend with each teen. According to a recent study, B.R.A.K.E.S. graduates are 64 percent less likely to be in a crash in their first three years of driving. For more information or to register for a school, visit www.putonthebrakes.org.

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DENSO to Expand its Fukushima, Japan location as Part of Efforts to Enhance the DENSO Group Production System

Press Releases

KARIYA (Japan) ― DENSO Corporation today announced that it will build an additional plant at its DENSO Fukushima location in Tamura city, Fukushima Prefecture, Japan, to diversity its manufacturing lineup to include powertrain components, which will enhance the competitiveness of the group’s production system Japan. The company will invest about US$135 million (approx. 15 billion yen) by 2023 to build the new plant and expand production. The project will start in August 2017 and will be completed in July 2018. Production will begin in October 2018 in stages. The number of employees required will increase to around 600 by 2023.

DENSO Fukushima currently manufactures automotive thermal systems, including air conditioning systems and engine cooling modules (ECMs). The new plant will manufacture fuel pumps and injectors for gasoline engine fuel systems. Furthermore, this expansion aims to serve as a DENSO Group production base in eastern Japan, and will improve its capability to meet customer needs and contribute to the development of the local community.

Profile of DENSO Fukushima Corporation

1. Name : DENSO Fukushima Corporation
2. Establishment : April 2008
3. Location : Western Tamura Industrial Park, 26 Koyodai, Funehiki-machi, Tamura, Fukushima Prefecture
4. Capital : Approx. US$14 million (1.6 billion yen)
5. Ownership : 100% owned by DENSO Corporation
6. President : Masatoshi Iwase
7. Employees : 306 (as of April 2017)
About 600 (projected for FY2023)
8. Business description : Manufacturing automotive air conditioning systems, engine cooling modules, etc.
9. Site area : About 237,000 m2
10. Total floor area : About 32,100 m2 (before expansion)
About 56,100 m2 (after expansion)

* Exchange rate used is 111.3 yen to the US one dollar, at the end of April for convenience only.

DENSO Arkansas Receives Four Million Man Hour Safety Award

Press Releases

SOUTHFIELD, Mich. – DENSO’s manufacturing facility in Osceola, Arkansas received a prestigious Four Million Man Hour Safety Award recognizing more than four million employee hours worked without a lost day due to workplace injury or illness. The Arkansas Department of Labor, the Arkansas Insurance Department, and the Arkansas Workers Compensation Commission presented the award during a ceremony at the Osceola facility on April 27, 2017.

DENSO Arkansas’ employee and management safety committee implemented a comprehensive safety program to establish consistent benchmarks for safe working conditions. The award recognizes the facility’s 550 employees for demonstrating the highest levels of workplace safety practices, including more than four million hours of work without an accident, injury, or illness between June 15, 2013 and January 31, 2017.

“Safety is at the core of everything we do at DENSO, and that includes making sure we adhere to the highest safety standards in our own workspace,” said George Harguess, President, DENSO Arkansas. “This is yet another testament to DENSO’s commitment to investing in our employee’s safety every single day.”

The Arkansas Department of Labor, the Arkansas Insurance Department, and the Arkansas Workers’ Compensation Commission present this award to Arkansas companies excelling in on-the-job safety.

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates across the North American region. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica

DENSO Worldwide

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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DENSO and Toshiba to Collaborate on IoT-based Manufacturing, Advanced Driver Assistance, Automated Driving, and Others

Press Releases

KARIYA, TOKYO (Japan) – DENSO Corporation and Toshiba Corporation today announced that the two companies have begun talks to enhance collaborations in the fields of Internet of Things (IoT)-based manufacturing, advanced driver assistance, automated driving, and others.

The collaborations aim to combine DENSO’s high level of technology and manufacturing capability accumulated through its experience in the automotive market and Toshiba’s image recognition, IoT, artificial intelligence (AI), and software development technologies, in order to increase the competitiveness to make it through the paradigm shift that is taking place in the automotive industry.

In the fields of advanced driver assistance and automated driving, DENSO and Toshiba have jointly developed AI technologies used in image recognition systems. Moreover, the two companies have worked together in a wide range of areas including the development of automotive lithium-ion battery packs and software for ECUs used in automotive components.

DENSO and Toshiba will collaborate more closely in fields where they can share their visions and speed up the development of technology.

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DENSO Announces Year-end Financial Results

Press Releases

DENSO Corporation today announced its global financial results for the fiscal year ending March 31, 2017:

  • Consolidated revenue totaled 4,527.1 billion yen (US$40.4 billion), a 0.1 percent increase from the previous year.
  • Consolidated operating profit totaled 330.6 billion yen (US$2.9 billion), an 4.7 percent increase from the previous year.
  • Consolidated profit attributable to owners of the parent company totaled 257.6 billion yen (US$2.3 billion), a 5.5 percent increase from the previous year.

“Despite the appreciation of the yen, DENSO’s revenue increased due to production volume increase and sales expansion. Despite the appreciation of the yen, operating profit increased due to the production volume, cost reduction efforts and improved other income /expenses.” said Koji Arima, president and CEO of DENSO Corporation.

In Japan, the production volume increase led to an increase in revenue to 2,686.0 billion yen (US$23.9 billion), a 1.5 percent increase from the previous year. Despite the production volume increase and cost reduction effort, the impact of the exchange rate of export sales led to an operating profit of 130.2 billion yen (US$1.2 billion), a 15.8 percent decrease from the previous year.

In North America, despite an increase in car production and sales expansion, boosted by the steady economic growth, impact of exchange rate led to a decrease in revenue to 1,077.2 billion yen (US$9.6 billion), a 3.2 percent decrease from the previous year. As a result of the increase in production volume, the operating profit totaled 60.0 billion yen (US$534.4 million), a 25.7 percent increase from the previous year.

In Europe, despite car production increase and sales expansion due to the recovery of the market, impact of exchange rate led to a decrease in revenue to 577.3 billion yen (US$5.1 billion), a 2.7 percent decrease from the previous year. As a result of the increase in production volume, the operating profit totaled to 20.2 billion yen (US$179.8 million), a 39.9 percent increase from the previous year.

In Asia, despite the increase of car production and sales expansion, impact of exchange rate resulted in a revenue decrease of 1,139.3 billion yen (US$10.2 billion), an 1.9 percent decrease from the previous year. As a result of the increase in production volume, the operating profit totaled 112.7 billion yen (US$1.0 billion), a 16.7 percent increase from the previous year.

In other areas, mainly the South American region, including Brazil and Argentina, revenue totaled 65.8 billion yen (US$586.6 million), a 10.6 percent increase from the previous year. The operating profit totaled 6.9 billion yen (US$61.4 million).

“For the new fiscal year, revenue will increase due to the increase of car production and sales expansion, despite the increase of car production and sales expansion , the operating profit will decrease due to impact of the other income /expenses. ” said Arima.

(Foreign exchange rates used for the full-year are: US$= 110 yen, Euro= 115 yen)

Forecast for Fiscal Year Ending March 31, 2018

Full-Year Forecast Changes from Previous FY
Revenue 4,610.0 billion yen
[US$41.1 billion]
82.9 billion yen
(1.8 percent)
Operating profit 327.0 billion yen
[US$2.9 billion]
-3.6 billion yen
(-1.1 percent)
Profit before income taxes 360.0 billion yen
[US$3.2 billion]
-0.9 billion yen
(-0.2 percent)
Profit attributable to owners of the parent company 260.0 billion yen
[US$2.3 billion]
2.4 billion yen
(0.9 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 112.19 yen = US$1, the approximate exchange rate prevailing in the Tokyo Foreign Exchange Market March 31, 2017. Billion is used in the American sense of one thousand million.

DENSO and IBIDEN to Collaborate on Developing Powertrains

Press Releases

KARIYA (Japan) ― Global automotive supplier DENSO Corporation and electronics and ceramics company IBIDEN Co., Ltd. have today formed a capital and business alliance to jointly develop the next-generation vehicle exhaust system. This collaboration will combine IBIDEN’s advantages in high-performance ceramic materials with DENSO’s advantages in developing products as systems to synergistically develop high-performance yet simple and low-cost vehicle exhaust systems. DENSO will acquire the treasury stock of IBIDEN through a third-party allocation. In addition, to respond to an increasingly diverse range of powertrains, DENSO and IBIDEN will consider collaboration in the area of vehicle electrification to make vehicle electrification more efficient.

As international regulations on vehicle exhaust emissions become more strict, internal combustion engines must be more efficient and the exhaust systems improved. This capital and business alliance will enable the two companies to pool their accumulated technological strengths to speed up the development of high-performance vehicle exhaust systems for internal combustion engines, including gasoline, diesel, hybrid, and plug-in hybrid engines.

DENSO has developed and provided systems components to better control the intake, power, and exhaust events in the operating cycle of gasoline and diesel engines. Meanwhile, IBIDEN has focused on its ceramic business and developed high-performance ceramic materials, such as for diesel particulate filters (DPF), for the exhaust system of diesel engines.

The two companies will develop eco-friendly products that improve fuel efficiency and reduce exhaust emissions, thus helping to preserve the global environment.

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

About DENSO in North America
DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates across the North American region. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica
About IBIDEN Co., LTD.

IBIDEN Co., Ltd. is a Japanese company with more than 100 years history. The IBIDEN Group consists of 37 subsidiaries and 3 affiliates. IBIDEN Group is managing businesses centering around electronics and ceramics. In the electronics business, the company designs and manufactures plastic packages and printed-wiring boards that are used for personal computers and smart phones as well as contributing to the development of telecommunication equipment which the world is expecting. In the ceramics business, IBIDEN produces Diesel Particulate Filters (DPF) that purifies the exhaust gas of diesel cars, and also produces graphite specialty products used for semiconductor and solar cell manufacturing devices. IBIDEN designs and manufactures the products that reduce the global-environmental load with long-established ceramic technologies. For more information, visit their website www.ibiden.com

# # #

DENSO’s MDrive car share study reveals promise for electric car sharing

Press Releases

SOUTHFIELD, Mich. – Electric vehicle car sharing could be the future of transportation for some: today, DENSO International America, Inc., a global automotive supplier, announced the results of MDrive, the first study to focus on car sharing for people who live, work or frequent one location. In partnership with the University of Michigan-Dearborn and Detroit-based NextEnergy, an energy and technology accelerator, the study identified the potential impact electric vehicle car sharing could have on the future of mobility, personal transportation, and vehicle design.

The study involved 30 University of Michigan-Dearborn students living at The Union at Dearborn, who shared three Ford Focus Electric vehicles for a six-month period. The students used a custom app to reserve, access, share, and drive the vehicles anywhere within the continental United States, in exchange for their detailed feedback on the experience. Onboard diagnostics equipment gathered real-time data, while dashboard cameras captured video of the user experience. Students also provided feedback and suggestions for technologies most needed in future car share vehicles via short surveys and online forums. DENSO researchers then identified common benefits and challenges experienced by users to inform design of future car sharing technologies.

“Our study reinforced the idea that Electric Vehicle Car Sharing is an increasingly viable personal transportation alternative, and groups who share common interests stand to benefit the most,” said Michael Bima, a lead engineer in the North American Research and Engineering Center at DENSO International America. “For car sharing to reach its full potential, manufacturers and car share service providers need to address the efficiency and convenience for the end user– drivers should be able to quickly and easily access the vehicle, adjust their settings, and be on their way. Vehicle range and charging become areas of focus when you add electric vehicles, as well.”

DENSO will present the study results at the Society of Automotive Engineers’ World Congress Experience 17. In addition to showcasing one of the study’s cars in DENSO’s booth (#3002), participants including Matt Felice – a new DENSO employee who drove to his interview using the shared vehicle – will be on-hand to discuss the experience.

“Mobility continues to change and reshape the automotive industry,” said Pat Bassett, vice president of engineering and research at DENSO International America. “While there’s a lot of excitement about new technology in the space, we recognize the importance of getting it right in addition to getting it done quickly. To DENSO, that means hiring the best engineers, and sharing knowledge with other leaders in the space. MDrive is exactly the type of research we need to bring us into a new era of mobility in a safe, smart way.”

About DENSO in North America
DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates across the North American region. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica

DENSO Worldwide
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

# # #

DENSO Recruiting at SAE WCX17 for Key Engineering and Mobility Roles

Press Releases

SOUTHFIELD, Mich. – Global automotive supplier DENSO is continuing to recruit for key engineering and mobility roles for experienced and entry-level talent at the Society of Automotive Engineers (SAE) World Congress Experience 17 (WCX17), April 4-6 at Cobo Center in Detroit. DENSO, Tier One Supplier Partner of the show, is participating in WCX Career Central in booth# CF4, which runs throughout the show. DENSO successfully met and surpassed some of its hiring goals at the company’s onsite recruiting center at the North American International Auto Show (NAIAS) in January.

Attendees looking for their next career move will have the opportunity to talk with DENSO recruiters and hiring managers at its booth in WCX17 Career Central, along with DENSO’s main booth #3002. DENSO will recruit for experienced and entry-level engineering talent for its North American operations in the U.S. and Canada.

“We are in growth mode and taking advantage of an ideal opportunity to recruit diverse and innovative new employees who can help DENSO drive the future of mobility and the automotive industry, said Stacy Gallucci SPHR, senior manager, North America Talent Acquisition, DENSO International America. “With DENSO’s changing product mix and goal to move deeper into advanced 21st-century safety systems and autonomous-drive technologies, we need specialized talent with new engineering skills.”

While recruiting at WCX17, DENSO seeks to fill important engineering and mobility roles, including an engineering manager and experts in cyber security, HMI, computer vision, and computer and software engineering. DENSO also has roles to fill for mechanical engineers, electrical engineers, and software and computer engineers, as well as co-op engineering students. Over the past several years, DENSO has filled more than 400 professional positions a year. DENSO currently has more than 100 open positions to fill in these areas.

DENSO Mentors 
DENSO is also participating in the WCX17 University Program on April 4 to 6. Students from local universities will be paired with engineer mentors from DENSO and Ford Motor Company to expose them to careers in technology.

“DENSO’s future and the future of mobility comes from new engineering graduates,” said Doug Patton, executive vice president, Engineering and chief technical officer, DENSO International America (DIAM) and SAE International president. “One of DENSO’s top priorities is to have a strong co-op program so students can gain the experience they need to be sought after candidates for entry-level positions once they graduate. We’ve had great success in training future DENSO employees with our co-op program. This will also help DENSO navigate the shortage of engineers in the Detroit area.”

DENSO is dedicated to investing in its employees and creating a rewarding, stable and collaborative work environment. The company offers competitive pay, a high level of benefits with low premiums, and training and development.

About DENSO in North America
DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates across the North American region. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica

DENSO Worldwide
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

# # #

DENSO to Build a New Plant at DENSO Iwate as Part of Efforts to Enhance the DENSO Group Production System

Press Releases

KARIYA (Japan) – DENSO Corporation today announced that it will build an additional plant to expand production to include instrument clusters at the DENSO Iwate plant in Kanegasaki-cho, Iwate Prefecture, to enhance the competitiveness of the group’s production system in Japan.

DENSO Corporation will invest approximately US$88 million (approx. 10 billion yen) and the number of employees required will increase to around 1,000 by 2020. Construction will start in October 2017 and will be completed in October 2018. Production will begin in May 2019 and increase in stages.

DENSO Iwate currently manufactures semiconductor wafers, and will start production of semiconductor sensors in June 2017. DENSO Iwate will expand its production lineup from semiconductor wafers to electronics products, and will improve its capability to meet customer needs and also contribute to the development of the local community.

Profile of DENSO Iwate Corporation

1. Name : DENSO Iwate Corporation

2. Establishment

: October 1, 2012

3. Location

: 4-2 Nishinemoriyama, Kanegasaki-cho, Isawa-gun, Iwate Prefecture

4. Capital

: Approx. US$21 million (2.35 billion yen)

5. Ownership

: 100% owned by DENSO Corporation

6. President

: Shuichi Ito

7. Employees

: 616 (as of the end of February 2017)
About 1,000 (projected for FY 2020)

8. Business description

: Manufacturing and selling semiconductor wafers and sensors

9. Site area

: About 290,000 m2

10. Total floor area

: About 106,000 m2 (before expansion)
About 126,000 m2 (after expansion)

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

A new plant at DENSO Iwata

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

# # #

DENSO Increases Participation at SAE WCX17 as Tier One Supplier Partner

Press Releases

SOUTHFIELD, Mich. – Global automotive supplier DENSO is increasing its support of SAE International’s WCX 17: World Congress Experience, April 4-6 at Cobo Center in Detroit as Tier One Supplier Partner of the show, Booth #3002. 2017 marks the 17th consecutive year that DENSO has sponsored this event and the higher level of support will be hard to miss. DENSO will present 46 papers, three Learning Lab TedX style speakers, two Leadership Summit talks and sponsor the Women’s Reception.

“As Tier One Supplier Partner, DENSO provided strategic direction in the development of the SAE World Congress Experience from the supply chain perspective,” said Doug Patton, executive vice president, Engineering, and chief technology officer, DENSO International America, and 2017 SAE International president. “DENSO is proud of the exciting changes we’ve helped to make with this event, along with our OEM partner Ford Motor Company.”

DENSO’s WCX Participation

DENSO Unveils MDrive Electric Vehicle (EV) Car Share Study Results
DENSO will announce the results of the MDrive EV Car Share Study, which studied the benefits and challenges of developing an electric vehicle specifically for sharing, designed around a central location and set pool of users. The results will define key opportunity areas for car sharing and electric vehicles and the role they will both play in the future of mobility systems.

DENSO Recruits at the WCX17 Career Central, Booth #CF4
DENSO will continue to recruit for experienced and entry-level engineering and mobility roles in cyber security, HMI, computer vision, mechanical engineering, electrical engineering, and software and computer engineering, as well as co-op engineering students for its North American operations in the U.S. and Canada. DENSO is also pairing up students from local universities with engineer mentors from DENSO and Ford Motor Company to expose them to careers in technology in the University Program on April 4.

DENSO Sponsors Women’s Reception  
Tues., April 4, 5 p.m.: WCX participants are welcome to attend a structured networking and reception event in the Exchange, Exhibit Hall.

DENSO Speaking engagements –

WCX17 Learning Lab

  • Wed., April 5, noon: Rob Brinker, director, Thermal Engineering R&D, DENSO International America, Inc. – Climate Control Impact to Battery Range
  • Wed., April 5, 2:30 p.m.: Mike Bima, lead engineer, DENSO North American Research and Engineering Center, DENSO International America, Inc. – MDrive Car Sharing Project
  • Thurs., April 6, 1:30 p.m.: Doua Vang, senior manager, Elevate Lab, DENSO International America, Inc. – HMI

DENSO Leadership Summit participation

  • Wed., April 5, 8 a.m.: Patton, moderator for Keynote Presentation by Yu Kai, CATARC, president, China’s Automotive Industry Development & Sustainable Innovation
  • Wed., April 5, 10:15 a.m.: Patrick F. Bassett, vice president North American Research and Engineering Center, DENSO International America Inc., panelist in Vehicles as a Shared Economy and the Effects of Automated Technology
  • Thurs., April 6, 11:45 a.m.: Patton, moderator, CTO Roundtable – Automotive Industry Chief Technologists review the issues, ideas, and conclusions discussed during the week and share their personal insights into how it specifically impacts their business

Women’s Program

  • Wed., April 6 from 11:30 a.m.: Stacy Gallucci, SPHR, senior manager of Talent Acquisition of DENSO North America, panelist on Organic Diversity: How Inclusion Can Help You, Your Team and Company Grow.

About DENSO in North America
DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates across the North American region. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica

DENSO Worldwide
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

# # #

DENSO Employees Raise $25,000 for Gatlinburg Relief Efforts

Press Releases

MARYVILLE, Tenn. – Employees from DENSO’s Maryville and Athens, Tennessee manufacturing facilities have been teaming up over the last few months to raise money for the wildfire relief efforts in Gatlinburg, Tenn. The two locations initiated a “Smokies Strong” T-shirt fundraising campaign, through which they raised $25,000.

The money raised is being split among two organizations, Friends of the Smokies and The Gatlinburg Wildfire Relief Fund. The checks were presented by DENSO Employees on Wednesday.

“The Gatlinburg wildfires were truly devastating to all of us here in East Tennessee. We are very proud of our employees for coming together to help our neighbors who were affected by this disaster,” said Mike Brackett, Senior Vice President at DENSO.

DENSO Employee Victoria Fry had family working in Gatlinburg when the wildfire evacuations began. “My daughter works for WestGate Properties and was onsite that day,” she said. “We are so thankful that she was able to get out unharmed. I purchased a ‘Smokies Strong’ shirt at DENSO to support ‘my people’ as Dolly Parton calls them – after all, the people of Sevier County are my people and these mountains are my home, too. My husband and I are honored to be a part of the DENSO team and so proud of everyone who came together to make this donation possible.”

Employees from DENSO also volunteered with the American Red Cross and Volunteer East TN to help with wildfire and tornado clean-up efforts.

In addition to the money raised by employees, the DENSO North America Foundation (DNAF) made a $25,000 contribution to the American Red Cross disaster fund to help respond to the Gatlinburg, Tenn. wildfires, the Athens, Tenn. tornado, and Greenville, N.C. flooding.

About DENSO in North America
DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates across the North American region. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. For more information, go to www.densocorp-na.com. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica

DENSO Worldwide
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people worldwide. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

# # #

DENSO Announces New Management Structure and Management Changes

Press Releases Senior Management Announcement

KARIYA (Japan) DENSO Corporation today announced its new management structure and management changes. The new structure will help DENSO advance in areas the automotive industry is quickly progressing in, such as electrification, automated driving, connected vehicles, car sharing and the Internet of Things (IoT).

New Company Management Structure
The following changes will be effective April 1, 2017:

  • DENSO will reduce its number of members on the Board of Directors.
  • Board of Directors will include representatives, outside directors, and executives who is in charge of corporate planning.
  • The new structure will streamline decision making and execution, create a separation between Management and Execution, and help engaging company-wide strategy discussions at Board of Directors meetings.
  • In addition, DENSO will change the timing of senior executive directors and executive director promotions to April.

New Executive Position “Executive fellow”
DENSO will introduce a new executive position “Executive fellow“. This position will lead their specialized files with their highly advanced expertise, and provide new values to the society. This position is introduced based on DENSO’s policy that “Human resources having highly advanced expertise are sources of company’s competing power”

“As the industry rapidly changes, DENSO needs to transform our approach to work,” said president and CEO of DENSO Corporation Koji Arima. “This transformation starts with our executive team. We need a structure in place to improve our competitiveness, speed and expertise.”

Executive Changes
The following management changes will be effective April 1, 2017:

Hiroyuki Wakabayashi will be appointed to executive vice president and member of the Board. Currently he is the senior executive director and member of the Board.

Masahiko Miyaki will resign as executive vice president.

The following will be appointed as senior executive directors:

  • Shingo Kuwamura, currently an executive director
  • Yukihiro Kato, currently an executive director
  • Yoshifumi Kato, currently an executive director

The following will be appointed as executive directors:

  • Kazuaki Fujitani, currently head of Aftermarket Business Unit
  • Tomoyuki Arakawa, currently General Manager, Aftermarket, Fleet & New Business Group Business Planning Dept.
  • Kazuoki Matsugatani, currently Director, ADAS Business & Technology Development Div.
  • Katsuhiko Sugito, currently Director, Machinery & Tools Div.

Satoshi Iwata will resign as senior executive director.

The following will resign as executive directors:

  • Hideaki Matsuki
  • Masato Nakagawa

The following will be appointed as executive fellows:

  • Hiroyuki Murayama, currently Senior Technical Executive, Basis Electronic Technology Unit
  • Masato Nakagawa, currently Executive Director, Engineering of Europe
  • Hiroaki Ishikawa, currently head of Electric Components Business Unit

Responsibility of Member of the Board and Executive Directors
as of April 1st, 2017

Members of the Board                          *Representative, Changes are underlined

Title

Name

Responsibility

*Chairman

Nobuaki Katoh

 

*Vice Chairman

Koji Kobayashi

Tokyo Office

*President & CEO

Koji Arima

 

*Executive
Vice President

Haruya Maruyama

Overall Management, Overall Sales and Marketing, Corporate Strategy

Yasushi Yamanaka

Overall Management, Overall R&D,
Future Creation Technology, NIPPON SOKEN, INC.

Hiroyuki Wakabayashi

Overall Management, Overall Production, Safety & Environment, Quality Center, ADAS,
DENSO ABASHIRI TEST CENTER CORP.

Member of the Board

Masahiko Miyaki

 

Satoshi Iwata

 

George Olcott

Outside board member

Takashi Nawa

 Outside board member

Member of the Board

Senior
Executive Director

Yoshikazu Makino

Corporate Center, Audit Dept.,
Thermal Systems Business Group

Michio Adachi

Powertrain Systems Business Group

Masahiko Ito

DENSO SALES JAPAN CORPORATION,
New Business, Fleet Air-Conditioning Business Unit

Senior Executive Directors

Title

Name

Responsibility

Senior
Executive Director

Toshiyuki Kato

Toyota Sales Div., Osaka Sales Div.

Sadahiro Usui

Head of Europe,
DENSO INTERNATIONAL EUROPE B.V.

Katsuhisa Shimokawa

Production Innovation Center

Yukihiko Murakami

Sales and Marketing Group

Hiroyuki Ina

Electronic Systems Business Group,
Tokyo Office

Shoji Tsuzuki

Purchasing Group, Information Systems Div., EDT Promotion Div.

Shingo Kuwamura

ASMO CO., LTD.

Yukihiro Kato

Information & Safety Systems Business Group

Yoshifumi Kato

Engineering Research & Development Center, Digital Innovation

 

 

Executive Directors

Title

Name

Responsibility

Executive Director

Kazuaki Fujitani

Aftermarket Unit, Connected Service Business Promotion Div., Customer Service Div. Chubu Sales Div., Hiroshima Sales Div.

Yukihiro Shinohara

Electrification Systems Business Group

Kazumasa Kimura

Head of China,
DENSO (CHINA) INVESTMENT CO.LTD.

Bunichi Kondo

Tokyo Sales Division

Masanori Tsuruta

Semiconductor Device Business Unit

Yasuhiro Iida

Thermal Systems Business Group (Deputy)

Kenichiro Ito

Head of North America,
DENSO INTERNATIONAL AMERICA, INC.

Shinsuke Yamaguchi

DENSO (THAILAND) CO., LTD.

Yoshitaka Kajita

Head of Asia-Oceania,
DENSO INTERNATIONAL ASIA CO., LTD.

Jiro Ebihara

Electric Components Business Unit

Jack Helmboldt

DENSO MANUFACTURING TENNESSEE, INC.

Yuji Ishizuka

Sales and Marketing of Europe,
DENSO AUTOMOTIVE DEUTSCHLAND GMBH

Yasuhiko Yamazaki

Production Eng. Research Div., Innovative Production & Factory Promotion Div., Materials Eng. R&D Div., Measurement & Instrumentation Eng. Div., Prototype Mfg. Div.,

Hisaaki Sato

Sales and Marketing of North, Central & South America

Hajime Kumabe

Advanced Safety Business Unit, Electronic Control Components Div.

Yasushi Matsui

Corporate Planning Div., Finance & Accounting Div., Global Strategy Dept., Cost Management Dept.

Hirotsugu Takeuchi

ICT Business Unit, Thermal Systems R&D Function Unit

Keiko Shimokata

Health Care Promotion Div., Diversity & Inclusion Promotion, DENSO BLOSSOM Co. LTD

Yutaka Yamanouchi

Strategic Production Planning Div., Production Control Div., Logistics Planning Div., Facility Div., DENSO E&TS TRAINING CENTER CORP.

Hisashi Iida

ADAS Business & Technology Development Div., Corporate R&D Div.1,2

Marco Di Rao Marotta

Thermal Systems Business of Europe,
DENSO THERMAL SYSTEMS S.p.A.

Sinnosuke Hayashi

Basis Electronic Technology Unit, Electronics Business Unit, DENSO CREATE INC.

Terutaka Kageyama

Sales Engineering

Yasushi Mukai

Human Resources Div., Corporate Communications Div., Legal Div., General Admin. Div., Plant General Administration

Katsuhiko Takeuchi

Diesel Systems Business Unit,
Gasoline Systems Business Unit,
Engine Components Business Unit

Tomoyuki Arakawa

New Business Promotion Div.

Kazuoki Matsugatani

Engineering of Europe

Katsuhiko Sugito

Machinery & Tools Div., Parts Eng. Div.,
Parts Mfg. Div., FA Business Unit

• Newly-appointed

 

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 94th Annual General Meeting of Shareholders, 2017.:

The following will resign as from members of the Board:

  • Masahiko Miyaki
  • Michio Adachi
  • Satoshi Iwata
  • Masahiko Ito

Noriyuki Matsushima will be appointed as member of the Audit & Supervisory Board.

Tsutomu Saito 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, 2017

Board of Directors                         *Representative,  **Outside

Title

Name

*Chairman

Nobuaki Katoh

*Vice Chairman

Koji Kobayashi

*President & CEO

Koji Arima

*Executive Vice President

Haruya Maruyama

Yasushi Yamanaka

Hiroyuki Wakabayashi

Member of the Board

Yoshikazu Makino

George Olcott**

Takashi Nawa**

 

Audit & Supervisory Board Members                                      **Outside

Title

Name

Audit & Supervisory Board Member

Masato Iwase

Atsuhiko Shimmura

Moritaka Yoshida**

Tsutomu Saito**

 Noriyuki Matsushima**

• Newly-appointed

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

# # #

 

DENSO Announces Third-quarter Financial Results

Press Releases

KARIYA (Japan) –DENSO Corporation today announced its global financial results for the nine months of the fiscal year ending March 31, 2017:

  • Consolidated revenue totaled 3,311.5 billion yen (US$28.4 billion), an 1.8 percent decrease from the previous year.
  • Consolidated operating profit totaled 247.5 billion yen (US$2.1 billion), an 1.8 percent increase from the previous year.
  • Consolidated profit attributable to owners of the parent company totaled 190.9 billion yen (US$1.6 billion), a 0.2 percent decrease from the previous year.

“Despite the production volume increase and sales expansion, DENSO’s revenue decreased due to appreciation of the yen. Despite the appreciation of the yen, operating profit increased due to the production volume, cost reduction efforts and improved other income /expenses. ,” said Yasushi Matsui, executive director of DENSO Corporation.

In Japan, despite the impact of the exchange rate, the production volume increase led to an increase in revenue to 1,982.2 billion yen (US$17.0 billion), a 0.8 percent increase from the previous year. The impact of the exchange rate of export sales led to an operating profit of 106.9 billion yen (US$917.3 million), a 15.5 percent decrease from the previous year.

In North America, despite an increase in car production and sales expansion, boosted by the steady economic growth, impact of exchange rate led to a decrease in revenue to 781.6 billion yen (US$6.7 billion), a 5.6 percent decrease from the previous year. As a result of the increase in production volume, the operating profit totaled 43.4 billion yen (US$373.0 million), a 35.1 percent increase from the previous year.

In Europe, despite car production increase and sales expansion due to the moderate recovery of the market, impact of exchange rate led to a decrease in revenue to 416.9 billion yen (US$3.6billion), a 5.4 percent decrease from the previous year. As a result of the increase in production volume, the operating profit totaled to 14.3 billion yen (US$122.8  million), a 33.5 percent increase from the previous year.

In Asia, despite the increase of car production and sales expansion, impact of exchange rate resulted in a revenue decrease of 839.8 billion yen (US$7.2 billion), a 4.9 percent decrease from the previous year. As a result of the increase in production volume, an operating profit totaled 80.5 billion yen (US$691.1 million), a 9.6 percent increase from the previous year.

In other areas, mainly the South American region, including Brazil and Argentina, revenue totaled 46.9 billion yen (US$402.5 million), a 2.1 percent increase from the previous year. The operating profit totaled 4.0 billion yen (US$34.4 million).

“Considering the financial results of the third quarter, as well as the change in foreign exchange difference occurred in the third quarter, we have decided to revise the original forecast for the full-year financial results,” said Matsui.
(Foreign exchange rates used for the full-year are: US$= 106 yen, Euro= 117 yen)

Forecast for Fiscal Year Ending March 31, 2017

Full-Year Forecast
(Original)

Full-Year Forecast
(Revised)

Revenue

4,380.0 billion yen
[US$37.6 billion]

4,440.0 billion yen
[US$38.1 billion]

Operating profit

290.0 billion yen
[US$2.5 billion]

298.0 billion yen
[US$2.6 billion]

Profit before income taxes

310.0 billion yen
[US$2.7 billion]

323.0 billion yen
[US$2.8 billion]

Profit attributable to owners of the parent company

204.0 billion yen
[US$1.8 billion]

214.0 billion yen
[US$1.8 billion]

 

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

(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 116.49 yen = US$1, the approximate exchange rate prevailing in the Tokyo Foreign Exchange Market December 30, 2016. Billion is used in the American sense of one thousand million.

# # #

Battle Creek’s Largest Employer Opens Doors to Wellness at New DENSO Family Health Center

Press Releases

BATTLE CREEK, Mich. – Global automotive supplier DENSO will strengthen its commitment to the health and wellness of employees and their families as it celebrates opening the newest DENSO Family Health Center (DFHC) at DENSO Manufacturing Michigan, Inc. (DMMI) today.

“We are focused on being an employer of choice and this expansion fits well with our company philosophy to offer amenities that help make employees’ lives easier,” said Andris Staltmanis, DMMI president. “Our goals with the health center are to better manage the company’s rising healthcare costs, pass some savings on to our employees and provide employees and their families with convenient access to high quality health services.”

DENSO Family Health Center Uses Patient Centered Medical Home Approach
The new center uses the Patient Centered Medical Home approach to providing comprehensive healthcare, which is meant to strengthen the healthcare provider-patient relationship; providing whole-person, coordinated care, enhancing the healthcare experience and outcomes through better communication. The center offers easy access to care and encourages active patient participation in healthcare delivery. DENSO employees and their families will be surrounded by a dedicated team of health professionals working together to meet individual healthcare needs.

“DENSO is proud to lead in this trend to provide a more comprehensive approach to healthcare,” Staltmanis said. “Having a family health center on site will make it easy for our employees to stay proactive with their health and help manage chronic conditions if needed through quick access to primary care.”

Employer healthcare centers are a fast-growing employee benefit trend. In addition to occupational health services offered in many of its North American facilities, DENSO also provides onsite access and coordinated care for employees and their families at a Family Health Center in Maryville, Tenn. and a clinic in Athens, Tenn.

DENSO purchased an adjoining building on Wayne Road in Battle Creek in 2015 to house a North Logistics Center to serve its expanding customer base in North America. The five-acre, 215,000+ square-foot facility had 10,000 square-feet of existing office space that underwent a full renovation to become the DENSO Family Health Center. The facility opens for business on Tuesday, Feb. 7.

The health center will be staffed with a primary care physician, nurse practitioner, pharmacist, physical therapist, nurse and other medical professionals. Employees and their family members age 12 and older who are covered by a DENSO health plan are eligible to use the DFHC, but usage is voluntary.

DENSO employees and eligible family members can access key services such as –

  • Primary care
  • Well and sick visits
  • Physicals
  • Chronic condition management
  • Immunizations
  • Lab work
  • Physical therapy and other occupational health services.

The health center is operated and staffed by Premise Health, a leading worksite health and patient engagement company. The DENSO Family Pharmacy, also operated by Premise Health, opened in 2005 and will move to the Wayne Road location, centralizing convenient, affordable services.

The DENSO Family Health Center is the company’s latest investment in associate health and welfare, complementing the DENSO Family Pharmacy, onsite recreation center, Omni Credit Union branch, dining center, and extras including paid uniforms, work shoes, safety glasses, tuition assistance and technical training.

Starting production in 1986, DMMI is the lead production facility for DENSO’s Thermal Systems North American Center and the largest employer in Battle Creek, Mich. with more than 3,000 employees. DMMI manufactures automotive air conditioning and engine cooling components and systems, including condensers, radiators, CRFMs (condenser, radiator, and fan modules), heater cores, evaporators and HVAC units. The Battle Creek campus has more than 1.38 million square feet of manufacturing, warehouse and administrative floor space in six buildings on more than 100 acres of land. It is the largest facility in Fort Custer Industrial Park.

About DENSO in North America
DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates across the North American region. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica

DENSO Worldwide
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

# # #

 

DENSO Contributes $25,000 to the American Red Cross for Disaster Relief in Tenn. and N.C.

Press Releases

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

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

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

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

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

About DENSO in North America
DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates across the North American region. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica

DENSO Worldwide
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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

# # #

DENSO Announces North American Executive Personnel Changes

Press Releases Senior Management Announcement

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

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

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

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

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

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

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

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

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

About DENSO in North America
DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates across the North American region. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica

DENSO Worldwide
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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

# # #

DENSO Announces 2017 Commercial & Heavy Duty Starter & Alternator Catalog

Press Releases

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

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

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

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

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

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

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

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

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics, information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com or visit our media website at http://www.globaldenso.com/en/newsreleases/media-center/.

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

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

# # #

DENSO Partners with CDTi Announce New Line of Heavy-duty OE Replacement Emission Control Products

Press Releases

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

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

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

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

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

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

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

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

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

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics, information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com or visit our media website at http://www.globaldenso.com/en/newsreleases/media-center/.

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

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

# # #

DENSO continues strong commitment in 2017 to FIRST Robotics and STEM education

Press Releases

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

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

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

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

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

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

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

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

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

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

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

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

About DENSO in North America
DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates across the North American region. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica

DENSO Worldwide
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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

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DENSO Opens R&D Lab at University of Michigan in Ann Arbor to Advance Machine Learning and Automated Drive

Press Releases

SOUTHFIELD, Mich. – Global auto supplier DENSO today announced the opening of the DENSO R&D Lab at the University of Michigan in Ann Arbor to accelerate development of new auto safety technologies and create new research opportunities for engineering students.

The DENSO R&D Lab gives DENSO an opportunity to more closely collaborate with the University and North American automotive manufacturers on key safety technologies like machine learning, Advanced Driver Assistance Systems (ADAS) and Automated Drive (AD). As part of the lab, 12 university students have been selected to participate in research projects, which will begin this month and run throughout 2017.

“This new lab will provide opportunities for students to conduct research to develop future Automated Drive technologies that will help save lives,” said Doug Patton, Executive Vice President and Chief Technology Officer at DENSO’s North American headquarters in Southfield, Michigan. “We are excited to open the DENSO R&D Lab at the University of Michigan, in the heart of the global transportation technology research hub for autonomous drive right here in Michigan. The lab expands DENSO’s partnership with the University of Michigan, and extends a Master Alliance Agreement (MAA) we established in 2012 to sponsor multiple R&D projects.”

The DENSO R&D Lab is located at the University of Michigan’s North Campus Research Complex (NCRC), directly in the hub of research activity for AD that includes the Mobility Transformation Center (MTC) and its affiliated Mcity test facility, the University of Michigan Transportation Research Institute (UMTRI), and the University of Michigan College of Engineering.

“As a member of the Mobility Transformation Center’s Leadership Circle and a sponsor of multiple research projects across campus, DENSO has been one of the University’s key industrial partners,” said S. Jack Hu, vice president for research at the University of Michigan. “Their new lab on campus will allow us work even more closely to create further opportunities for innovation and education.”

DENSO’s lab is a simulation environment with high-speed computing and high-capacity data storage. Simulation is conducted on high-performance computers and mechatronic systems, including an advanced driving simulator. Hardware-in-loop and driving simulators will provide researchers with functional verification of their methods for machine learning for AD and Collaborative AD (CoAD).

Machine learning for AD
Researchers will develop machine learning techniques to support AD systems in recognizing their environment, which helps them to make intelligent and sophisticated automated driving decisions.

Collaborative Automated Drive (CoAD)
By sharing sensor information via Dedicated Short Range Communication (DSRC), researchers will study ways to enhance the capabilities of automated driving for CoAD. This technique will increase the perception range of the system – beyond the field of view and line of sight of the on-board sensors.

Researchers will also test safety control algorithms such as forward collision warning, lane-keeping assistance, traffic sign recognition, V2X connected driving and pedestrian detection, among others.

In early December, DENSO also announced MDrive, a car sharing study in which University of Michigan-Dearborn students will help shape the future of mobility. With support from Detroit-based NextEnergy, an accelerator of advanced energy and mobility technologies, DENSO launched the study to determine what technologies may be needed for a new car-sharing segment. The students will provide feedback about car sharing and offer insights on helpful or unnecessary features in current car models.

About DENSO in North America
DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates across the North American region. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica

DENSO Worldwide
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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

About the University of Michigan
Founded in 1817, the University of Michigan (U-M) is widely recognized as one of the world’s leading research universities. The hallmark of the University is the breadth of excellence across its 19 schools and colleges and the exceptional degree of interdisciplinary cooperation among them. With $1.4 billion dollars in research expenditures annually, and more than 100 top-ranked graduate and professional programs, the University of Michigan is a global leader in a wide range of disciplines spanning science and technology, health and medicine, law, public policy, and the arts and humanities.

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DENSO Opens Recruiting Center for Engineering, Manufacturing, Skilled Trades at the 2017 North American International Auto Show

Press Releases

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

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

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

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

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

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

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

About DENSO in North America
DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates across the North American region. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica

DENSO Worldwide
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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

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DENSO at 2017 HDAW Show

Press Releases

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

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

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

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

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

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

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

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics, information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com or visit our media website at http://www.globaldenso.com/en/newsreleases/media-center/.

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

DENSO’s virtual reality and interactive exhibits bring technology to life at the 2017 North American International Auto Show

Press Releases

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

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

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

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

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

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

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

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

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

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

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

About DENSO in North America
DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates across the North American region. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica

DENSO Worldwide
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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

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DENSO Develops Small Stereo Vision Sensor

Press Releases

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

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

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

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

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

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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DENSO and NEC Start Collaboration on AI- and IoT-based Advanced Driver Assistance, Automated Driving, and Manufacturing

Press Releases

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

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

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

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

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

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

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

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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

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

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DENSO Sponsors NHRA Drag Racer Clay Millican; Appearance Scheduled for North American International Auto Show

Press Releases

DENSO Sponsors NHRA Drag Racer Clay Millican to help promote DENSO’s Road Safety Efforts in North America

DENSO Investment Director to Meet with Tech Startups at CES for Future Investments

Press Releases

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

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

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

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

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

About DENSO in North America
DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates across the North American region. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

DENSO Worldwide
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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Holographics, robotics, and virtual reality top DENSO’s technology displays at CES 2017

Press Releases

Holographics, robotics, and virtual reality top DENSO’s technology displays at CES 2017

Quality meets community at DENSO Manufacturing Canada in Guelph, Ontario

Press Releases

Guelph, Ontario – DENSO Manufacturing Canada took its commitment to quality into the community today in a move that will definitely land them on Santa’s Nice List.

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

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

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

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

About DENSO
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.

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

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

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

# # #

University of Michigan-Dearborn students help shape the vehicle of the future by participating in DENSO’s MDrive car share study

Press Releases

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

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

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

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

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

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

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

About DENSO
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.

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

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

# # #

DENSO to Launch Joint Research on Multithreaded CPU Cores with Imagination Technologies

Press Releases

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

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

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

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

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

About DENSO Corporation:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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

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

# # #

DENSO Launches VehicleMRI at 2016 AAPEX

Press Releases

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

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

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

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

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

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

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics, information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com or visit our media website at http://www.globaldenso.com/en/newsreleases/media-center/.

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

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

# # #

DENSO Returns as Title Sponsor of 2017 NHRA Las Vegas Nationals

Press Releases

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

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

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

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

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

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

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

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics, information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com or visit our media website at http://www.globaldenso.com/en/newsreleases/media-center/.

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

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

# # #

DENSO Announces First-half Financial Results

Press Releases

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

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

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

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

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

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

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

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

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

Forecast for Fiscal Year Ending March 31, 2017

Full-Year Forecast
(Original)

Full-Year Forecast
(Revised)

Revenue

4,400.0 billion yen
[US$43.5 billion]

4,380.0 billion yen
[US$43.3 billion]

Operating profit

284.0 billion yen
[US$2.8 billion]

290.0 billion yen
[US$2.9 billion]

Profit before income taxes

310.0 billion yen
[US$3.1 billion]

310.0 billion yen
[US$3.1 billion]

Profit attributable to owners of the parent company

203.0 billion yen
[US$2.0 billion]

204.0 billion yen
[US$2.0 billion]

 

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

About DENSO
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.

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

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

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

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

# # #

DENSO announced as corporate sponsor of Detroit-based NextEnergy venture services program

Press Releases

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

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

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

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

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

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

About DENSO
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.

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

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

# # #

DENSO Improves Performance of In-vehicle Vision Sensors*

Press Releases

KARIYA (Japan) – DENSO Corporation today announced that the image sensors provided by Sony Semiconductor Solutions Corporation has helped DENSO improve the performance of its in-vehicle vision sensors* and can now detect pedestrians during night conditions. This improvement helps strengthen DENSO’s suite of Advanced Driver Assistant systems used to help prevent traffic accidents.

Traffic accidents occurring at night often involve pedestrians and can cause severe injury. The New Car Assessment Program (NCAP) followed in Europe and Japan, is considering including night-time pedestrians within the scope of collision avoidance in its safety performance evaluation standards for automatic braking systems. The newly developed vision sensors will help meet this new safety requirement.

Sony’s highly sensitive image sensors, which are also used in surveillance and other monitoring devices, enable cameras to take clear images of objects even at night. DENSO has improved the quality of Sony’s image sensors in terms of ease of installation, heat resistance, vibration resistance, etc. to be used in vehicle-mounted vision sensors. DENSO has also used Sony’s image signal processors (ISPs) for noise reduction and optimization of camera exposure parameters to better recognize and take clearer images of pedestrians at night.

Sony holds the largest share of the global image sensor market. Its image sensors are used in a wide variety of products including digital cameras, smartphones, and other home electronics.

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

* Vision Sensors
Vision sensors are used with cameras to detect white lines on roads and objects ahead.

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

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

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

# # #

DENSO Named 2016 OE Supplier of the Year by Pronto

Press Releases

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

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

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

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

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

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics, information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com or visit our media website at http://www.globaldenso.com/en/newsreleases/media-center/.

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DENSO and Toshiba Agree to Develop Artificial Intelligence Technology, Deep Neural Network-IP, for Next-generation Image Recognition Systems

Press Releases

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

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

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

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

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

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

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

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

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

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

DENSO Lead Investor in THINCI Inc., a Deep Learning and Vision Processing Startup, to Help Accelerate Next Generation Automotive

Press Releases

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

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

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

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

About DENSO
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.

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

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

DENSO Encourages STEM Careers and Dispels Myths on Manufacturing Day

Press Releases

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

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

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

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

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

About DENSO
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.

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

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

Press Kit

DENSO Sends Students Back-to-School with $7,500 in Local Student Scholarships

Press Releases

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

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

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

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

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

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

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

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

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

About DENSO Corporation:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

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

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Basic Agreement to Change the Capital Structure of FUJITSU TEN

Press Releases

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

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

1. Objectives and background of capital structure change

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

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

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

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

2.  Details of the basic agreement

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

Changes in the capital structure (planned)

Before change

After change

DENSO

10%

51%

Fujitsu

55%

14%

Toyota

35%

35%

 

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

3.  Future schedule

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

4.  Company profile of FUJITSU TEN

1. Head office location 2-28, Gosho-dori 1-chome, Hyogo-ku, Kobe, Hyogo, Japan
2. Representative Chairman and Representative Director: Takashi Shigematsu
President and Representative Director: Akira Yamanaka
3. Establishment October 25, 1972
4. Capital 5.3 billion yen
5. Accounting year-end March 31
6. Employees 2,931 (10,318 on a consolidated basis) * As of the end of March 2016
7. Main businesses Development, manufacture, and sales of infotainment equipment and automotive electronics equipment
8. Sales 225.5 billion yen (363.3 billion yen on a consolidated basis) * Year ended in March 2016

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

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

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

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

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DENSO’s PowerEdge Video Captures Three 2016 Telly Awards

Press Releases

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

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

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

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

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

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

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics, information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com or visit our media website at http://www.globaldenso.com/en/newsreleases/media-center/.

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

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

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DENSO Spark Plugs Power 3 NHRA Drivers to Victory in Indianapolis

Press Releases

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

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

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

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

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

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

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

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

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

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics, information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com or visit our media website at http://www.globaldenso.com/en/newsreleases/media-center/.

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

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

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DENSO to Advance Artificial Intelligence Knowledge, Signs Technical Advisory Contract with Carnegie Mellon University Professor Takeo Kanade

Press Releases

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

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

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

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

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

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

Profile of Professor Takeo Kanade

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

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

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

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

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

 

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DENSO Announces First -quarter Financial Results

Press Releases

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

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

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

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

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

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

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

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

Forecast for Fiscal Year Ending March 31, 2017

First-Half Forecast (Revised)

Full-Year Forecast (Revised)

Changes from Previous FY

Revenue

2,170.0 billion yen
[US$21.1 billion]

4,400.0 billion yen
[US$42.8 billion]

-124.5 billion yen
(-2.8 percent)

Operating profit

127.0 billion yen
[US$1.2 billion]

284.0 billion yen
[US$2.8 billion]

-31.7 billion yen
(-10.0 percent)

Profit before income taxes

136.0 billion yen
[US$1.3 billion]

310.0 billion yen
[US$3.0 billion]

-37.3 billion yen
(-10.7 percent)

Profit attributable to owners of the parent company

86.0 billion yen
[US$0.8 billion]

203.0 billion yen
[US$2.0 billion]

-41.3 billion yen
(-16.9 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 102.91 yen = US$1, the approximate exchange rate prevailing in the Tokyo Foreign Exchange Market June 30, 2016. Billion is used in the American sense of one thousand million.

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

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

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DENSO Products and Services Americas Inks Deal With Tiffin Motorhomes

Press Releases

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

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

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

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

About Tiffin MotorHomes:

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

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

About DENSO Corporation:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

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

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

# # #

DENSO in Maryville, Tennessee Breaks Ground on New Onsite Consolidated Warehouse

Press Releases

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

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

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

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

About DENSO Corporation: DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center

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

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

Settlements of Class Action Lawsuits in the U.S.

Press Releases

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

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

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

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

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

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

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

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DENSO in Battle Creek to Invest Over $37 Million; Awarded Michigan Strategic Fund Grant for Up to $687,500

Press Releases

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

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

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

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

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

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

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

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

About DENSO Corporation:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

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

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DENSO Joins Auto-ISAC to Advance Vehicle Cybersecurity Protections

Press Releases

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

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

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

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

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

About DENSO Corporation:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

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

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

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DENSO Awarded a Medal from the Institute of Electrical and Electronics Engineers (IEEE)

Press Releases

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

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

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

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

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

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

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

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

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

# # #

DENSO Launches Traffic Safety Education Programs with Mitsui Sumitomo Insurance

Press Releases

KARIYA, Japan – DENSO Corporation is partnering with Mitsui Sumitomo Insurance Co., Ltd., a global insurance company headquartered in Japan, to launch a traffic safety education program in Thailand, China and Japan. Local DENSO employees will have the opportunity to participate as instructors to help raise awareness of the specific traffic issues in each country.

For years, DENSO has implemented traffic safety activities in various countries and regions. Now, in collaboration with Mitsui Sumitomo Insurance, and InterRisk Research Institute & Consulting, Inc. (a group company of Mitsui Sumitomo Insurance), both of which have extensive traffic safety data and expertise, will prepare educational materials to help train employee volunteers at DENSO and Mitsui Sumitomo Insurance to be safety instructors at local schools and facilities.

DENSO and Mitsui Sumitomo Insurance employee instructors aim to improve attitudes towards global traffic safety. Through these programs the companies hope to achieve a society free of accidents involving drivers and vulnerable road users, such as pedestrians.

Details of the activities in each country
In Thailand, many traffic accidents involve motorcycles and those who do not wear helmets are most at risk of being seriously injured. Motorcycle drivers and passengers are required to wear helmets to ensure their safety. Traffic safety education will be offered at elementary schools. focusing on children and their guardians, especially to encourage them to wear helmets, many of which are donated.

  • In China, traffic safety education is rarely provided and many children are involved in traffic accidents. Traffic safety educational materials have been created for children, and employee instructors are visiting elementary schools. The program started in the community near DENSO’s base in China.
  • In Japan, traffic safety programs will be organized for senior citizens as they often are involved in traffic accidents. In Kariya, Aichi (where DENSO’s head office is located), DENSO organized a campaign to distribute light reflector stickers and encourage citizens to put them on their shoes, in order to raise awareness about traffic safety when walking at night. This campaign will be expanded to other areas.

Toward 2020, the DENSO Group will help solve social issues through its business operations by focusing on the environment and security and safety to create a better future and preserve the planet.

Photos taken during activities
On June 13, elementary school students at the Shanghai Technical Center in China experienced traffic safety educational activities.

On June 29, traffic safety education was given at an elementary school in the suburbs of Bangkok, Thailand (Samut Prakan Province) and five hundred helmets were donated.

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

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Denso acquires stake in NTT DATA MSE to strengthen active safety technology development

Press Releases

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

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

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

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

NTT DATA MSE , Inc. Overview

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

About DENSO Corporation:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

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

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

DENSO Foundation gives more than $1 million in grants to 24 colleges and universities to advance engineering and skilled trades education

Press Releases

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

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

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

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

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

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

Congratulations to the 2016 DNAF Grant Recipients

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

View Infographic >

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

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

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

# # #

DENSO Announces its Updated Environmental Policy: ECO VISION 2025

Press Releases

KARIYA (Japan) – DENSO Corporation has formulated ECO VISION 2025, its 10-year environmental policy and action plan to help resolve environmental and energy issues and conduct business in harmony with nature. DENSO’s ECO VISON policy, which was first launched in 1997, has been in place for nearly 20 years.

In fiscal 2015, DENSO achieved its fiscal 2016 targets for CO2 emissions with a reduction of 66% based on its basic unit,* compared with fiscal 1991, and with a reduction of 19% on a global basis compared with fiscal 2011. (* Basic unit = CO2 emissions divided by sales)

DENSO’s ECO VISION 2025 outlines three targets (Target 3) to be achieved by 2025 and also outlines 10 specific action plans (Action 10) to achieve these targets in the areas of products, factories, employees, and management.

Target 3

Energy 1/2

Contribute to permanent maintenance of global environment by the technologies that can solve the problems of global warming, energy and resources.

DENSO will attempt to halve automotive CO2 emissions by developing new technologies and products to improve fuel efficiency and use various fuels in vehicles.
Moreover, at its factories, DENSO will implement Energy Just-in-Time (JIT) activities and logistic control to respond to fluctuations in production, thereby cutting its energy consumption and reducing CO2 emissions by half.

Clean x 2

Comply with laws and promote continuous improvement in order to provide reassurance to all stakeholders and remain a corporation that grows with the society.

To gain the confidence of all stakeholders, DENSO will continuously strive to improve ways to halve the impacts of environmentally hazardous substances that it uses and its industrial emissions and waste. DENSO will also contribute to improving air quality in the regions where it operates by developing technology to reduce vehicle exhaust emissions, as well as decrease waste and water usage at its factories and throughout its logistics chain. Moreover, DENSO will provide its employees with a wider range of environmental learning programs to encourage them to become more aware of the global environment and take action to help create a sustainable society.

Green x 2

Realize a society with sharing nature’s wisdom and benefit in order to take over rich natural environment to the next generation through cooperate activity aiming at symbiosis with nature.

To pass on a rich natural environment to future generations, DENSO will promote green environmental businesses, such as biofuel research and agricultural support, and enhance factory greening to conduct business in harmony with nature.
In each of its operating regions and companies, DENSO will implement social action programs and hold events under the theme of the environment to encourage its employees to raise their environmental awareness and engage in environmental activities. Furthermore, DENSO will help build environmentally friendly communities.

Through the activities stated in DENSO ECO VISION 2025, DENSO will create new environmental values, preserve the planet, and prepare a bright future for future generations.

Target 3 consists of three targets and Action 10 identifies 10 specific actions.

Related links
DENSO ECO VISION 2025  http://globaldenso/en/ecovision/
CSR report 2015 http://www.globaldenso.com/en/csr/report/2015/

About DENSO Corporation:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

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

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

 

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

# # #

DENSO Announces Year-end Financial Results

Press Releases

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

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

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

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

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

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

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

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

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

Forecast for Fiscal Year Ending March 31, 2017

Half-Year Forecast

Full-Year Forecast

Changes from Previous FY

Revenue

2,200.0 billion yen
[US$19.5 billion]

4,500.0 billion yen
[US$39.9 billion]

-24.5 billion yen
(-0.5 percent)

Operating profit

133.0 billion yen
[US$1.2 billion]

313.0 billion yen
[US$2.8 billion]

-2.7 billion yen
(-0.9 percent)

Profit before income taxes

148.0 billion yen
[US$ 1.3 billion]

342.0 billion yen
[US$3.0 billion]

-5.3 billion yen
(-1.5 percent)

Profit attributable to owners of the parent company

102.0 billion yen
[US$ 0.9 billion]

235.0 billion yen
[US$2.1 billion]

-9.3 billion yen
(-3.8 percent)

 

About DENSO Corporation:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

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

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

 

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

# # #

DENSO Announces North American Executive Management Changes

Press Releases Senior Management Announcement

SOUTHFIELD, Mich. – DENSO announced today the following executive management changes. These changes will be effective after the 93th Annual General Meeting of Shareholders at DENSO’s global headquarters on June 21, 2016 .

Kenichiro “Ken” Ito will serve as chairman of DENSO’s North American Board of Directors and chairman and chief executive officer (CEO) of DENSO International America, Inc., DENSO’s North American corporate headquarters. Located in Southfield, Michigan, Ito will oversee all North American group companies and affiliates. He will be responsible for strengthening our One DENSO approach to business and the DENSO brand in North America. Previously, he served as executive director of the Corporate Planning, Finance & Accounting Division and Business Innovation Department at DENSO Corporation in Japan. Ito will assume the position from Sadahiro “Sam” Usui who will serve as CEO of DENSO International Europe B.V.

Hisaaki Sato will serve as president and chief operating officer of DENSO International America, Inc., responsible for overseeing all aspects of business related to OEM customers for DENSO in the Americas. Previously, he served as executive director of Global Sales & Business Development, Global Business Planning, Chubu Sales and Hiroshima Sales divisions at DENSO Corporation. Sato will assume the position from Kazumasa “Kaz” Kimura who will serve as executive director of Global Sales & Business Development, Global Business Planning, Chubu Sales and Hiroshima Sales divisions.

Satoshi “Scott” Inukai will be promoted to senior director of Global DENSO. Inukai will serve as chief manufacturing officer (CMO) of DENSO International America, Inc., responsible for overseeing all aspects of manufacturing in North America in addition to the lead of North America Production Innovation Center.

About DENSO Corporation:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

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

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

# # #

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. Changes will take place after the 93th Annual General Meeting of Shareholders on June 21, 2016.

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

(2)Resignation:
Akio Tajima

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

(2)Resignation:
Akio Tajima

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

(2)Resignation:
Masanari Murakami

DENSO’s New Organization

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

Board of Directors         *Representative,  **Outside

Title

Name

Chairman

Nobuaki Katoh*

Vice Chairman

Koji Kobayashi*

President & CEO

Koji Arima*

Executive Vice President

Masahiko Miyaki*

Haruya Maruyama*

Yasushi Yamanaka*

Member of the Board

George Olcott**

Takashi Nawa**

Yoshikazu Makino

Michio Adachi

?Hiroyuki Wakabayashi

Satoshi Iwata

Masahiko Ito

 

Audit & Supervisory Board Members                                      **Outside

Title

Name

Audit & Supervisory Board Member

Masato Iwase

Atsuhiko Shimmura

Moritaka Yoshida**

Tsutomu Saito**

Toshimichi Kondo**

 

Senior Executive Directors                                  ***Member of the Board

Title

Name

Senior Executive Director

Yoshikazu Makino***

Michio Adachi***

Hiroyuki Wakabayashi***

Satoshi Iwata***

Masahiko Ito***

Toshiyuki Kato

Sadahiro Usui

Katsuhisa Shimokawa

Yukihiko Murakami

Hiroyuki Ina

?Shoji Tsuzuki

 

Executive Directors

Title

Name

Executive Director

Shingo Kuwamura

Yukihiro Kato

Yoshifumi Kato

Yukihiro Shinohara

Kazumasa Kimura

Bunichi Kondo

Masanori Tsuruta

Yasuhiro Iida

Kenichiro Ito

Hideaki Matsuki

Shinsuke Yamaguchi

Yoshitaka Kajita

Jiro Ebihara

Jack Helmboldt

Yuji Ishizuka

Yasuhiko Yamazaki

Hisaaki Sato

Hajime Kumabe

Yasushi Matsui

Hirotsugu Takeuchi

Masato Nakagawa

Keiko Shimokata

Yutaka Yamanouchi

Hisashi Iida

Marco Di Rao Marotta

Shinnosuke Hayashi

  • Terutaka Kageyama
  • Yasushi Mukai
  • Katsuhiko Takeuchi
  • Newly-appointed

 

New Responsibility

Board of Directors                                                  Changes are underlined

Title

Name

Responsibility

Chairman

Nobuaki Katoh

Vice Chairman

Koji Kobayashi

President & CEO

Koji Arima

Executive
Vice President

Masahiko Miyaki

Support of President & CEO, Overall Production,
Safety & Environment, Quality Center

Haruya Maruyama

Support of President & CEO, Overall Sales and Marketing,
Corporate Strategy, Sales and Marketing Group

Yasushi Yamanaka

Support of President & CEO, Overall R&D,
Future Creation Technology

Member of the Board

George Olcott

Outside board member

Takashi Nawa

 Outside board member

Yoshikazu Makino

Corporate Center, Thermal Systems Business Group,
Audit Department

Michio Adachi

Powertrain Control Systems Business Group

?Hiroyuki Wakabayashi

ADAS Technology Strategy,
ADAS Business and Technology Development Div., Information & Safety Systems Business Group

Satoshi Iwata

Information & Safety Systems Business Group (Deputy),
Tokyo Office

Masahiko Ito

Aftermarket, Fleet & New Business Group,
New Business Promotion Department

Senior Executive Directors

Title

Name

Responsibility

Senior Executive Director

Toshiyuki Kato

Toyota Sales Division, Osaka Sales Division

Sadahiro Usui

Head of Europe,
DENSO INTERNATIONAL EUROPE B.V.

Katsuhisa Shimokawa

Production Innovation Center

Yukihiko Murakami

DENSO (CHINA) INVESTMENT CO., LTD.

Hiroyuki Ina

Electronic Systems Business Group

Shoji Tsuzuki

Purchasing Group

Executive Directors

Title

Name

Responsibility

Executive Director

Shingo Kuwamura

ASMO CO., LTD.

Yukihiro Kato

Information and Communications Technology Business Unit

Yoshifumi Kato

Engineering Research & Development Center

Yukihiro Shinohara

Powertrain Control Systems Business Group (Deputy)

Kazumasa Kimura

Global Sales & Business Development Division,
Global Business Planning Division,
Chubu Sales Division, Hiroshima Sales Division

Bunichi Kondo

Tokyo Sales Division

Masanori Tsuruta

Electronics Device Business Unit

Yasuhiro Iida

Thermal Systems Business Group (Deputy)

Kenichiro Ito

Head of North America,
DENSO INTERNATIONAL AMERICA, INC.

Hideaki Matsuki

DENSO INTERNATIONAL ASIA PTE.,LTD.

Shinsuke Yamaguchi

DENSO (THAILAND) CO., LTD.

Yoshitaka Kajita

Head of Asia-Oceania,
DENSO INTERNATIONAL ASIA CO., LTD.

Jiro Ebihara

DENSO MANUFACTURING HUNGARY LTD.

Jack Helmboldt

DENSO MANUFACTURING TENNESSEE, INC.

Yuji Ishizuka

Sales and Marketing of Europe,
DENSO AUTOMOTIVE DEUTSCHLAND GMBH

Yasuhiko Yamazaki

Innovative Production & Factory Promotion Division, Production Engineering Research Division,
Materials Eng. R&D Division, Machinery & Tools Division, Prototype Mfg. Division, Parts Engineering Division,
Parts Manufacturing Division

Hisaaki Sato

Sales and Marketing of North, Central & South America

Hajime Kumabe

Driving Assist & Safety Business Unit, Electric Control Components Division

Yasushi Matsui

Corporate Planning Division, Finance & Accounting Division, Business Innovation Department

Hirotsugu Takeuchi

Air-conditioning Business Unit, Thermal Systems R&D Function Unit

Masato Nakagawa

Engineering of Europe

Keiko Shimokata

Health Care Promotion Division, DP Diversity & Inclusion Promotion Department

Yutaka Yamanouchi

Information Strategy Planning Division, Facility Division, Strategic Production Planning Division,
Production Control Division, Logistics Planning Division

Hisashi Iida

Engine Control Components Business Unit,
System Control Components Business Unit

Marco Di Rao Marotta

Thermal Systems Business of Europe,
DENSO THERMAL SYSTEMS S.p.A.

Sinnosuke Hayashi

Electronics Business Unit

?Terutaka Kageyama

Toyota Sales Engineering

?Yasushi Mukai

Corporate Communications Division, Legal Division,
General Admin. Division, Human Resources Division,
Plant General Administration

?Katsuhiko Takeuchi

Diesel Injection Business Unit,
Gasoline Injection Business Unit

  • Newly-appointed

About DENSO Corporation:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/

# # #

DENSO Forms 50/50 Joint Venture with Chinese-based Refrigerator Manufacturer

Press Releases

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

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

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

 Profile of the joint venture

1. Name

Guangdong KINGTEC DENSO Refrigeration Equipment Co., Ltd.

2. Location

Heyuan City, Guangdong Province, People’s Republic of China

3. Chairman/President

Chairman: Yuan Xudong; President: Toru Ikemoto

4. Establishment

March 2016

5. Capital

30 million yuan (approximately. 4.8 million USD)

6. Ownership

50 percent owned by DENSO (CHINA) Investment Co., Ltd. and 50percent by Kingtec

7. Employees

Approx. 140 (at the time of starting operations)

8. Business description

Designing, developing, manufacturing, and selling refrigerator

 

Reference: Profile of Kingtec

1. Location

Heyuan City, Guangdong Province, People’s Republic of China

2. Chairman/President

Chairman: Yuan Xudong; President: Cui Jian

3. Establishment

October 2006

4. Capital

8 million USD

5. Employees

Approx. 230 (as of March 2016)

6. Business description

Designing, manufacturing, and selling refrigerator

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

About DENSO:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs nearly 146,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

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

# # #

DENSO Announces Third-quarter Financial Results

Press Releases

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

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

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

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

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

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

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

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

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

Forecast for Fiscal Year Ending March 31, 2016

Full-Year Forecast
(Original)

Full-Year Forecast
(Revised)

Revenue

4,520.0 billion yen
[US$37.5 billion]

4,480.0 billion yen
[US$37.1 billion]

Operating profit

350.0 billion yen
[US$2.9 billion]

332.0 billion yen
[US$2.8 billion]

Profit before income taxes

383.0 billion yen
[US$3.2 billion]

370.0 billion yen
[US$3.1 billion]

Profit attributable to owners of the parent company

260.0 billion yen
[US$2.2 billion]

248.0 billion yen
[US$2.1 billion]

 

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 146,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

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

# # #

The European Commission’s Announcement Concerning the EU Competition Law related to Certain Automotive Components

Press Releases

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

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

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

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

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

# # #

MACI to Ship 100 Millionth Compressor Unit – from Jackson to the World!

Press Releases

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

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

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

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

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

# # #

DENSO Forges Partnership with Morpho, an Image Processing Technology R&D Company

Press Releases

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

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

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

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

About DENSO: DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.

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

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

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

Profile of Morpho

1. Name:

Morpho, Inc.

2. Location:

Chiyoda First Bldg, East 12F, 3-8-1 Nishi-kanda, Chiyoda-ku, Tokyo

3. Representative:

President Masaki Hilaga

4. Establishment:

2004

5. Capital:

892.75 million yen (Approximately 7.28 million $USD*)(as of October 31, 2015)

6. Sales:

1,405.64 million yen (Approximately 11.47 million $USD*) (consolidated basis in October 2014)

7. Employees:

62 (consolidated basis as of October 31, 2015)

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

# # #

DENSO Announces First-half Financial Results

Press Releases

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

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

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

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

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

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

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

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

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

Forecast for Fiscal Year Ending March 31, 2016

Full-Year Forecast(Original)

Full-Year Forecast (Revised)

Revenue

4,470.0 billion yen
[US$37.3 billion]

4,520.0 billion yen
[US$37.7 billion]

Operating profit

380.0 billion yen
[US$3.2 billion]

350.0 billion yen
[US$2.9 billion]

Profit before income taxes

414.0 billion yen
[US$3.5 billion]

383.0 billion yen
[US$3.2 billion]

Profit attributable to owners of the parent company

280.0 billion yen
[US$2.3 billion]

260.0 billion yen
[US$2.2 billion]

 

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

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

About DENSO: DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

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

DENSO Develops Products Used in Toyota’s New Prius

Press Releases

KARIYA (Japan) – DENSO Corporation is helping Toyota Motor Corp. make its next generation Prius safer, more fuel efficient and greener for the environment. DENSO has worked with Toyota to develop new hybrid, sensing and thermal technologies that help improve the safety, comfort and environmental performance of Toyota’s new Prius, which launches in Japan in December and in other regions around the world early 2016.

The new products related to the environment are a power control unit and a motor stator, which are smaller and lighter than the previous models. The technologies related to safety inlcude a millimeter-wave radar sensor, vision sensor, and an ITS Connect-supported in-vehicle device, which improves safety such as collision prevention. Moreover, a new, more energy efficient automotive air conditioning system helps improve the comfort and environmental performance of the new Prius.

1. Power Control Unit:
As hybrid vehicles become increasingly sophisticated, the power control unit, which regulates the current flow from the battery to the electric motor, is required to be smaller, yet more powerful. The new power control unit, which has a more efficient cooling structure and a more highly integrated semiconductor device, is about 33 percent smaller than that of the previous Prius.

2. Motor Stator:
Motors in hybrid vehicles are used as drive motors but they also function as generators, converting energy during coasting and braking. The stator, which is a key component of a motor, produces a magnetic field when the stator coil windings are energized, which in turn rotates the motor.

The new motor stator, which has been developed by DENSO and Toyota, is made with a new, innovative coil winding technique and is about 20 percent lighter than that used in the previous Prius.

3. Millimeter-Wave Radar Sensor and Vision Sensor:
These sensors are part of Toyota’s Safety Sense P (TSSP) safety package, which is used in Toyota’s mid-range and luxury vehicle models. The millimeter-wave radar sensor uses radio waves to measure the distance and direction of the object ahead, while the vision sensor uses a camera to detect road lane markings and the object in front .

Previously, these sensors worked separately; however, DENSO has enabled them to work with each other while making full use of the advantages of each sensor to achieve more rapid and accurate detection. This has helped the development of practical safety functions including autonomous emergency braking (vehicle and pedestrian), full- speed range adaptive cruise control, lane departure warning and lane keeping assist, and, automatic high beam.

4. Wireless unit for ITS Connect service:
The wireless unit for ITS Connect service is a radio communication device to help prevent road accidents and improve traffic efficiency. The new in-vehicle device has three functions: (1) to communicate via radio waves with vehicles and roadside communication devices in real-time within several hundred meters, (2) to determine the latitude and longitude of the location of the vehicle to send this information to nearby vehicles, and (3) to analyze the traffic situation based on the information obtained via radio communication, and thus determine what driving support system needs to be activated. These functions help enable the operation of ITS Connect, which provides vehicle-to-infrastructure and vehicle-to-vehicle communications
* A cooperative driving support system that uses the dedicated ITS frequency of 760 MHz for road-to-vehicle and vehicle-to-vehicle communications

5. Automotive air conditioning system:
DENSO’s new automotive air conditioning system uses a more efficient electric compressor and an ejector-integrated evaporator (heat exchanger), which reduces power consumption for air cooling by about 18 percent compared to the system used in the previous Prius.

Moreover, this air conditioning system has a two-layer recirculated/fresh air unit to draw in external air while circulating internal air to ensure the performance of air heating during the winter months and prevent the windshield from fogging up. This reduces the heat loss due to air ventilation by 30 percent. The double suction blower structure is designed to deliver warm internal air to the feet of the vehicle occupants and cool external air to the windshield to prevent it from fogging up, in order to ensure the air heating performance and visibility.

About DENSO: DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

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

DENSO to Exhibit at the 44th Tokyo Motor Show

Press Releases

KARIYA (Japan) – Global automotive supplier DENSO Corporation will exhibit at the 44th Tokyo Motor Show being held at the Tokyo International Exhibition Center Oct. 30 – Nov. 8. Under the theme “Protecting Lives, Preserving the Planet, and Preparing a Bright Future for Generations to Come,” DENSO will display a wide range of products and technologies in the areas of safety and environment. In addition, DENSO’s global president will speak at a news conference on Oct. 29 at 13:00 where he will talk about the company’s approach to environment and safety technologies, including autonomous driving, as well as its commitment to superior manufacturing.

Safety-related Technologies
DENSO will showcase its Safety and Human Machine Interface (HMI) technologies in a simulator called the Harmonious Communication Cockpit that will allow visitors to experience future driving technologies. DENSO’s simulator include the following technologies: a large-screen head-up display (HUD) that will project important information onto the windshield; an active footrest that leans in the direction the vehicle is moving to notify the driver when lane change assistance is activated; a lighting indicator in the instrument cluster, called harmonious lumi that illuminates and informs the driver of potential obstacles; a driver status monitor that uses a camera to detect the driver’s attentiveness level; and, an electric mirror that uses a camera to display rear and side images and warn when it detects a potential threatening situation.

Visitors also can experience future driving scenarios like how the vehicle alerts the driver that they are approaching an accident and how the vehicle offers the driver an option to select automated driving in specific situations.
Also, DENSO will display sensing technology, such as vision sensors and millimeter-wave radar sensors, as well as connected vehicle technology, which establishes vehicle-to-infrastructure and vehicle-to-vehicle communication networks (V2X). DENSO believes these technologies are essential products and technologies for advanced driving support systems and advanced safety systems.

Environment-related Technologies
DENSO’s environment display will include an audiovisual presentation outlining its approach to creating a sustainable society from four different perspectives: 1) Increasing engine efficiency, 2) Increasing air conditioning efficiency, 3) Promoting the spread of electric vehicles; and, 4) Increasing the efficiency of energy use in micro grids.

DENSO’s exhibits to support these four initiatives will include gasoline direct injection systems, diesel engine common rail systems, and new products for electric and hybrid electric vehicles

DENSO also will exhibit in-vehicle electronic toll collection (ETC) units and other automotive aftermarket products at its booth.

About DENSO: DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

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

 

Details of DENSO’s news conference:
Date and time: 13:00 to 13:15, Thursday, October 29
Location: DENSO exhibition booth(E4201), East 4  Hall, Tokyo International Exhibition Center
Presenter: Koji Arima, President and CEO of DENSO Corporation

 

DENSO to Exhibit at the 22th ITS World Congress Bordeaux 2015

Press Releases

KARIYA (Japan) – Global automotive supplier DENSO Corporation will exhibit at the 22nd World Congress on Intelligent Transport Systems in Bordeaux, France, October 5-9. DENSO will present under the theme “Technology to keep people safe wherever they drive—Everyday Confidence, Extraordinary Safety.”

Technologies on Display
DENSO will showcase its advanced driving support-related products and technology with a vehicle cockpit simulator that will also allow visitors to experience its safety and Human Machine Interface (HMI) technology for future driving. DENSO’s simulator will include the following technologies: a large-screen head-up display (HUD) that will project important information onto the windshield; a driver status monitor that uses a camera to detect the driver’s attentiveness level; and, an electric mirror that uses a camera to display rear and side images and warn it detects objects. Visitors can also experience future driving scenarios, such as alerting the driver that the vehicle is approaching an accident, giving the driver an option for selecting automated driving for highway merging and lane changes.

DENSO also will display its advanced driver assistance systems (ADAS) locator that uses GPS  location information and a camera to detect vehicles in other lanes, as well as show its monitor surround system that uses four cameras mounted on the vehicle to detect and warn of potentially hazardous situations surrounding the vehicle.

In addition, DENSO will share the progress from public road tests to develop advanced driving support technology. The tests has been conducted in Aichi Prefecture, Japan during since June, 2014. The company also will share details about its collaborative research partnership on automated driving with the National University of Singapore and National Research Institution of Singapore etc.

DENSO has developed products and technologies to help realize an accident-free society. Based on the technologies it has developed, DENSO will continue to help build an automotive society where all people in the world, including drivers and pedestrians, feel safe and secure.

About DENSO: DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

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

 

DENSO Donates $25,000 to Tri-County Technical College to Commemorate 25 Years in Anderson Community

Press Releases

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

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

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

About DENSO: DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

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

DENSO in Maryville, Tennessee to Invest $400 Million and Hire 500

Press Releases

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

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

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

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

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

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

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

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

About DENSO:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

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

Company Profile
DENSO Manufacturing Tennessee
Location: 1720 Robert C Jackson Drive, Maryville, Tennessee
Founded: July 20, 1988
President: Jack Helmboldt
Products: Production of starters, alternators, instrument clusters, automotive electronic products and inverters for hybrid vehicles
Employees: 3,065 (as of May 2015)
Ownership: 100 percent owned by DENSO International America, Inc.
Facilities: 1.996 million square feet on 194.87 acres (excluding the addition of the warehouse)
New investment: $400 million
Main customers: Ford, General Motors, Toyota, Honda, Huyndai, Chrysler

# # #

DENSO Announces First-quarter Financial Results

Press Releases

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

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

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

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

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

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

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

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

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

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

Forecast for Fiscal Year Ending March 31, 2016

First-Half Forecast (Revised)

Full-Year Forecast (Revised)

Revenue

2,240.0 billion yen
[US$18.3 billion]
4,470.0 billion yen
[US$36.5 billion]

Operating profit

170.0 billion yen
[US$1.4 billion]
380.0 billion yen
[US$3.1 billion]

Profit before income taxes

192.0 billion yen
[US$1.6 billion]
414.0 billion yen
[US$3.4 billion]

Profit attributable to owners of the parent company

130.0 billion yen
[US$1.1 billion]
280.0 billion yen
[US$2.3 billion]

 

About DENSO:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

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

 

# # #

DENSO Manufacturing Arkansas, Inc. Names New President

Press Releases Senior Management Announcement

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

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

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

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

About DENSO:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

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

Location:

100 Denso Road, Osceola, AR  72370

Founded:

July 1, 2003

Products/Business Activities:

Manufactures HVAC assemblies and Engine Cooling Modules (ECM)

Key Management:

  • George Harguess, President
  • Nobuyuki (Bob) Hironaka, Director, Engineering

Employees:

457 (as of March 31, 2015)

Ownership:

100 percent DENSO International America, Inc.

Facilities:

224,000 square feet

OEM Customers:

Toyota, Honda

Certifications:

ISO 14001 certified in 2006

Website:

  • North American Web Site: www.densocorp-na-dmar.com/
  • North American Media Site: www.densomedia-na.com
  • Global Media Site: www.densomediacenter.com

# # #

DENSO Joins Partners in Presenting Technology Displays at Mcity Grand Opening

Press Releases

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

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

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

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

About DENSO:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

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

# # #

DENSO Wins Medals at the 43rd WorldSkills Competition

Press Releases

KARIYA (Japan)

DENSO Corporation and DENSO’s subsidiary DENSO E&TS Training Center, which is responsible for providing engineering and technical training for DENSO employees, won  three gold medals in the Manufacturing Team Challenge, CNC Turning and Mobile Robotics categories at the 43rd WorldSkills Competition. The competition was held in Sao Paulo Brazil, August 11-16.

DENSO Corporation’s President and CEO Koji Arima said, “I am very pleased that our representatives believed in themselves, competed with passion, and achieved excellent results under intense pressure. I appreciate all the people who supported them. Furthermore, I hope they will continue to improve their skills and use those skills to strengthen their manufacturing sections.”

DENSO participants from Japan competed in five categories: Manufacturing Team Challenge; Industrial Control; Mobile Robotics; Plastic Die Engineering, and Industrial Mechanics Millwright. DENSO won the gold medals in the Manufacturing Team Challenge and Mobile Robotics category. Also, for the fifth consecutive time, DENSO employees from subsidiaries outside Japan participated in the event. This year, Kittinan Sornsongkhram from DENSO (Thailand) Co., Ltd. (DNTH) won the gold medal in the CNC Turning category. This was the fourth gold medal received by a participant from one of DENSO’s subsidiaries from outside Japan.

The WorldSkills Competition, first held in Spain in 1950 and held every two years, is a premier world event for skills recognition and advancement. For most categories, participants must be no older than 22 years of age. In order for participants to be eligible to compete in the WorldSkills Competition, they must win first place in the most recent competitions held in their home country or region. This year, approximately 1,230 people from 62 countries and regions tested their skills by competing in 50 categories.

DENSO has participated in the WorldSkills Competition since 1971. To date, DENSO employees have won 31 gold medals, 16 silver medals, and 14 bronze medals.

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

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs nearly 146,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.
* DENSO’s Technical Training center is now the technical skill development division of DENSO E&TS Training Center Corporation.

# # #

Ford Honors DENSO at the 17th Annual World Excellence Awards Ceremony

Press Releases

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

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

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

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

DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs nearly 140,000 people. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

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

# # #

DENSO Announces Senior Management Changes

Press Releases Senior Management Announcement

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

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

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

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

(2) Audit and Supervisory Board Member
Fujio Cho

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

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

DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.

1. Board of Directors

Chairman + Nobuaki Katoh
Vice Chairman + Koji Kobayashi
President & CEO • Koji Arima
Executive Vice President Masahiko Miyaki Support of President & CEO, Quality Safety & Environment Center
Haruya Maruyama Support of President & CEO, Overall Sales & Marketing, Sales and Marketing Group
• Yasushi Yamanaka Support of President & CEO, Overall R&D, Engineering Research & Development Center
Member of the Board
*Outside board member
Akio Tajima
Yoshikazu Makino
Michio Adachi
Satoshi Iwata
Masahiko Ito
George Olcott*
Takashi Nawa*

 

2. Audit and Supervisory Board Member

Audit and Supervisory Board Member Masato Iwase
Atsuhiko Shimmura
OMoritaka Yoshida
Tsutomu Saito
Toshimichi Kondo

 

3. Senior Executive Director

3. Senior Executive Director
*Member of the Board
Akio Tajima* Corporate Center, Purchasing Group, Audit Department
Yoshikazu Makino* Thermal Systems Business Group
Michio Adachi* Powertrain Control Systems Business Group
Hiroyuki Wakabayashi Information & Safety Systems Business Group
Satoshi Iwata* Information & Safety Systems Business Group (Deputy), Tokyo Office
Masahiko Ito* Aftermarket, Fleet & New Business Group, New Business Promotion Department
Toshiyuki Kato Sales & Marketing Group (Deputy), Tokyo Sales Division
• Sadahiro Usul DENSO INTERNATIONAL AMERICA, INC.
• Katsuhisa Shimokawa Production Innovation Center
• Yukihiko Murakami DENSO (CHINA) INVESTMENT CO., LTD.
• Hiroyuki Ina Electronic Systems Business Group

 

4. Executive Director

Executive Director Shingo Kuwamura Thermal Systems Business (North America)
Yukihiro Kato Information and Communications Technology Business Unit
Shoji Tsuzuki Corporate Communications Division, General Admin. Division, Human Resources Division, Plant General Administration
Yoshifumi Kato Technology Planning Division, Engineering Development Promotion Division, Intellectual Property Division, Design Division, Corporate R&D Division 1,2,3, Research Laboratories
Masanari Murakami TIANJIN DENSO ELECTRONICS CO., LTD.
Yukihiro Shinohara Engine Electrical Systems Business Unit, EHV Components Business Unit, Powertrain Systems Development Division
Kazumasa Kimura DENSO INTERNATIONAL AMERICA, INC.
(Sales and Marketing of North, Central & South America)
Bunichi Kondo Toyota Sales Division, Osaka Sales Division
Masanori Tsuruta Electronic Device Business Unit
Yasuhiro Iida DENSO INTERNATIONAL ASIA CO., LTD., DENSO (THAILAND) CO., LTD.
Kenichiro Ito Corporate Planning Division, Finance and Accounting Division, Business Innovation Department
Hideaki Matsuki DENSO INTERNATIONAL ASIA CO., LTD. (Deputy)
Shinsuke Yamaguchi Information Strategy Planning Division, Facility Division, Strategic Production Planning Division, Production Control Division, Logistics Planning Division
Yoshitaka Kajita DENSO INTERNATIONAL INDIA PVT., LTD.
DENSO INTERNATIONAL ASIA CO., LTD.
(Sales and Marketing of Europe)
Jiro Ebihara DENSO MANUFACTURING HUNGARY, LTD.
Jack Helmboldt DENSO MANUFACTURING TENNESSEE, INC.
Yuji Ishizuka DENSO AUTOMOTIVE DEUTCHLAND Gmbh (Sales and Marketing of Europe)
Yasuhiko Yamazaki Innovative Production & Factory Promotion Division, Production Engineering Research Division, Materials Eng. R&D Division, Machinery & Tools Division, Parts Engineering Division, Prototype Mfg. Division
Hisaaki Sato Global Sales & Business Development Division, Global Business Planning Division, Chubu Sales Division, Hiroshima Sales Division
Hajime Kumabe Driving Assist & Safety Business Unit, Electric Control Components Division
Yasushi Matsui Purchasing Planning Division, Purchasing Division 1,2,3, Materials, Equipment & Facilities Purchasing Division
Hirotsugu Takeuchi Thermal Systems R&D Function Unit, Thermal Systems Engineering Function Unit, Thermal Systems Quality Assurance Division
• Masato Nakagawa DENSO INTERNATIONAL EUROPE B.V.
• Keiko Shimokata Health Care Promotion Division, DP Diversity & Inclusion Promotion Department
• Yutaka Yamanouchi PT. DENSO INDONESIA
• Hisashi Iida Engne Control Components Business Unit, System Control Components Business Unit
• Marco Di Rao Marotta Thermal Systems Business (Europe)
• Sinnosuke Hayashi Electronics Business Unit

• Newly-appointed    + Promoted

# # #

DENSO Athens Tennessee to Green-up Community with New EcoPark

Press Releases

ATHENS, Tenn. – A giant green thumbs up goes to DENSO Manufacturing Athens Tennessee as it makes way to establish a community EcoPark adjacent to its Athens, Tennessee property. DENSO is partnering with the City of Athens Parks and Recreation and the McMinn County Economic Development Authority to develop an 11.5 acre EcoPark that creates a safe place for employees and the community to walk, learn and immerse themselves in nature. The EcoPark will be developed on land owned and set aside by the McMinn County Economic Development Authority and will be completed in three phases with the first phase targeted for completion in late October 2015.

“DENSO grew up in rural Japan, and preserving the environment has long been a part of our heritage. So, we wanted to develop an EcoPark that demonstrates DENSO’s Japanese heritage while also creating an eco-friendly and educational oasis for employees and community,” said Shawn Bryant, manager of Safety, Health and Environment at DENSO Manufacturing Athens Tennessee. “We hope that one day we can take kids from all around the area and teach them different ways to help protect the environment through the EcoPark.”

Completion of EcoPark in Three Phases:
Phase one will include an outdoor, Japanese-style pavilion and picnic area, which can serve as a meeting area for employees and outdoor classroom for students. This phase will also establish a half mile walking trail and Japanese fruit orchard to celebrate the Japanese culture and teach students about food sustainability. The phase should be completed by Oct. 31, 2015.

Phase two will focus on renewable energy through the use of windmill and solar panels. Once completed, DENSO plans to sell the green electricity to fund future activities and upkeep as well as to make donations to environmental activities. This phase should be completed in late 2016. Phase three will include a natural pond with natural plant filtering that will create a healthy sanctuary for wildlife and demonstrate water sustainability. Completion of this phase is targeted late 2017.

The DENSO EcoPark will be a great learning and relaxation environment for the community, but DENSO cannot do it alone. Some grants will fund projects, like the wetlands restoration for the natural pond, but other grants are still needed. DENSO is also looking for community partners to help bring the concept to its highest potential. If you are interested in helping DENSO and the City of Athens, please contact Shawn Lindsey, Public Works Director for the City of Athens, by phone at (423) 744-2746 or through fax at (423) 744-2772 for more information.

About DENSO:
DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.

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

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

# # #

DENSO Manufacturing Athens Tennessee, Inc. Names New President

Press Releases Senior Management Announcement

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

ATHENS, Tenn. – DENSO Corporation has named Takeshi Nagasaka president of its DENSO Manufacturing Athens Tennessee, Inc. (DMAT) operations in Athens, Tenn., effective June 1. Nagasaka succeeds Youichi Yamashita, who returned to Japan to serve at DENSO Trim, a Power Train affiliate.

Nagasaka joined DENSO Corp. in Japan in 1982 and began his career in the production engineering division as a production engineer. In 1990, Nagasaka moved to the Gasoline Injection Manufacturing Division as supervisor. At that time, he was in charge of fuel pump production engineering for Associated Fuel Pump Systems Corporation (AFCO) and DNJP. In 1996, Nagasaka took an overseas assignment to serve as a manager at AFCO in Anderson, South Carolina. He then returned to DNJP as the manager of the Gasoline Injection Manufacturing Division.

In 2003, Nagasaka was named general manager of the Gasoline Injection Manufacturing Division, and in 2010 he was promoted to director of the same division. In 2015, he was named president of DENSO Manufacturing Athens Tennessee.

DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 36 countries and regions (including Japan) and employs more than 130,000 people. Consolidated global sales for the fiscal year ending March 31, 2013, totaled US$38.1 billion. Last fiscal year, DENSO spent 9.4 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

In North America, DENSO employs more than 17,000 people at 32 consolidated companies and affiliates. Of these, 22 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 10,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, and Arkansas. DENSO’s North American consolidated sales totaled US$6.8 billion for the fiscal year ending March 31, 2013.

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

# # #

 

DENSO Volunteers Head to the Rouge Riverfront to Clean-up and Green-up the Community

Press Releases

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

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

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

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

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

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

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

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

# # #

DENSO is Investing in Peloton’s Truck Platooning Technology

Press Releases

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

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

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

About DENSO:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions and employs more than 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

# # #

DENSO Introduces the “PowerEdge” High Amp Alternator for Medium & Heavy Duty Truck Market

Press Releases

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

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

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

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

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

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

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

About DENSO:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions and employs more than 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

# # #

DENSO Announces Stock Purchase Proposal In Accordance with the Provisions of Article 156 of the Corporation Act

Press Releases

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

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

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

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

DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 140,000 people. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com

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

# # #

DENSO Announces its Year-end Dividend

Press Releases

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

1. Details of dividends

Dividend per share Interim Year-end Yearly
FY Result 47 yen 63 yen 110 yen
FY Forecast
(Previously announced)
48 yen 95 yen
Previous FY
Results ended
March 31, 2014
47 yen 58 yen 105 yen

 

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

DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs nearly 140,000 people. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

# # #

DENSO Announces Management Changes

Press Releases Senior Management Announcement

KARIYA (Japan) – DENSO Corporation today announced changes to its board of directors and executive directors. Changes will take place after the 92th Annual General Meeting of Shareholders on June 19, 2015.

1. Changes of Members of the Board
(1) Responsibiliy Changes of Current Members of the Board:
Nobuaki Katoh, Chairman, Member of the Board (from President & CEO, Member of the Board)
Koji Kobayashi, Vice Chairman, Member of the Board (from Executive Vice President, Member of the Board)

(2) New Members:
Koji Arima, President & CEO, Member of the Board (from Senior Executive Director)
Yasushi Yamanaka, Executive Vice President, Member of the Board (from Senior Executive Director)
Yoshikazu Makino, Senior Executive Director, Member of the Board (from Senior Executive Director)

(3) Resignation:
Akio Shikamura (from Executive Vice President, Member of the Board)
Shinji Shirasaki (from Senior Executive Director, Member of the Board)
Hiroyuki Wakabayashi (from Senior Executive Director, Member of the Board)
Shoichiro Toyoda (from Member of the board)

2. Changes of Audit and Supervisory Board Member
(1) New Member:
Moritaka Yoshida (from Senior Executive Director, Toyota Motor Corporation)

(2) Resignation:
Fujio Cho (from Audit and Supervisory Board Member)

3. Changes of Senior Executive Directors
(1) New Members:
Sadahiro Usui (from Executive Director)
Katsuhisa Shimokawa (from Executive Director)
Yukihiko Murakami (from Executive Director)
Hiroyuki Ina (from Executive Director)

(2) Resignation:
Shinji Shirasaki
Manfredo Nicolelli

4. Changes of Executive Directors
(1) New Members:
Masato Nakagawa (from President, DENSO Europe B.V.)
Keiko Shimokata (from Director, Health Care Promotion Division)
Yutaka Yamanouchi (from President, PT. DENSO Indonesia )
Hisashi Iida (from Head of Business Unit, System Control Components Business Unit)
Marco Di Rao Marotta (from COO, DENSO Thermal Systems Europe Center)
Shinnosuke Hayashi (from Project Director, Electronics Manufacturing. Division)

(2) Resignation:
Tatsuya Toyoda

DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs nearly 140,000 people. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

# # #

 

DENSO Announces Year-end Financial Results

Press Releases

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

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

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

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

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

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

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

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

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

Forecast for Fiscal Year Ending March 31, 2016

Half-Year Forecast FY Forecast
Revenue 2,160.0 billion yen,
[US$18.0 billion]
4,470.0 billion yen,
[US$37.2 billion]
Operating income 160.0 billion yen,
[US$1.3 billion]
380.0 billion yen,
[US$3.2 billion]
Profit before income taxes 175.0 billion yen,
[US$1.5 billion]
407.0 billion yen,
[US$3.4 billion]
Owners of the parent company 118.0 billion yen,
[US$0.1 billion]
275.0 billion yen,
[US$2.3 billion]

 

About DENSO
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

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

# # #

DENSO Receives 2015 PACE Award

Press Releases

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

“This recognition confirms DENSO’s continued leadership in innovation and our ability to meet the needs of automakers and car buyers,” said Jason Hendry, director of Climate Control at DENSO International America, Inc. “Using DENSO’s wide ranging design and manufacturing capabilities in the thermal space, we developed the industry’s first standardized automotive climate control module that can more easily fit into different instrument panels across different makes and models. The lighter and more efficient design adds value for automakers, and the smaller size allows for more legroom and interior space for driver and passengers.”

This is DENSO’s second PACE Award. Its Very High-Pressure Solenoid Fuel Injection System won a PACE Award in 2004. DENSO will continue to help create an advanced automotive society by developing technologies that can improve comfort and environmental performance of vehicles.

About the PACE Awards:
For over 20 years the Automotive News PACE Awards have honored superior innovation, technological advancement and business performance among automotive suppliers. This prestigious award is recognized around the world as the industry benchmark for innovation. The 2015 Automotive News PACE Awards were presented on April 20, 2015 at the Max M. Fisher Music Center in Detroit.

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

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

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

# # #

 

DENSO Expands North American Heavy Duty Research and Development

Press Releases

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

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

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

About DENSO Corporation:
DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

# # #

DENSO to Relocate R&D Group Company Nippon Soken Inc.

Press Releases

KARIYA (Japan) – In an effort to improve its research and development (R&D) organization, DENSO Corp.will relocate Nippon Soken (SOKEN), a DENSO group company that conducts automotive product R&D. SOKEN, which is currently located in Nishio City in Aichi Prefecture, Japan, will be relocated to a new facility adjacent to DENSO Research Laboratories in Nisshin City in Aichi Prefecture. DENSO invested approximately 6 billion yen (approximately US$50 million) for the purchase of the land and facilities, and also plans to increase the number of personnel to help strengthen its R&D organization.

For the relocation, DENSO purchased the building and land from NEC Corporation, which is adjacent from DENSO Research Laboratories. In addition to using these existing buildings, DENSO will construct facilities for prototype production and testing, and powertrain testing after preparations of construction.

The relocation of SOKEN, with its sophisticated measuring and analysis technologies to neighboring DENSO Research Laboratories, will enable the two organizations to work more closely, and improve their R&D on advanced technologies and products necessary to increase the safety, environmental performance, and comfort of motor vehicles. This aligns with DENSO’s goal to help build a society where vehicles no longer cause environmental damage or road traffic accidents.

Background on DENSO R&D Companies
SOKEN was established in November 1970 to conduct R&D to meet the needs of society for cleaner exhaust emissions and greater vehicle safety. Since SOKEN was established as a joint venture between DENSO and Toyota Motor Corporation in 1985, the company has focused its R&D mainly in five areas: powertrains, fuel cell, power electronics, information and safety, and thermal systems. Furthermore, SOKEN performs a variety of operations in-house, ranging from machining to tests and experiments, as part of its key technologies, which support its advanced R&D efforts.

At its Research Laboratories, DENSO conducts R&D on next-generation semiconductor devices, advanced functional materials, and other high-tech fields.

Profile of new SOKEN (after relocation)

1. Location: 500-1 Minamiyama, Komenoki-cho, Nisshin City, Aichi Prefecture, Japan
2. Site area: 59,000 m2
3. Total floor area: 31,000 m2 (planned)
4. Start of relocation: April 2016

Reference: Profile of current SOKEN

1. Name: Nippon Soken Inc.
2. Location: 14, Iwaya, Shimohasumi-cho, Nishio City, Aichi Prefecture, Japan
3. President: Hiromi Tokuda
4. Establishment: November 1970
5. Capital: 2.7 billion yen (approximately US$23 million)
6. Ownership: 75% owned by DENSO Corporation and 25% by Toyota Motor Corporation
7. Employees: Approx. 430 (as of March 2015)
8. Business description: R&D on automotive powertrains, fuel cells, power electronics, information and safety, and thermal systems
9. Site area: 39,000 m2
10. Total floor area: 32,000 m2

* Exchange rate used is 119 yen to the US one dollar, at the end of March 2015 for convenience only.

About DENSO:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.

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

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DENSO Sponsors SAE 2015 World Congress

Press Releases

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

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

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

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

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

About DENSO:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

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

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DENSO Announces North American Executive Personnel Changes

Press Releases Senior Management Announcement

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

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

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

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

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

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

About DENSO:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

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

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DENSO to Exhibit at Auto Shanghai 2015

Press Releases

KARIYA (Japan) – Global automotive supplier DENSO will exhibit a wide range of products and technologies in the areas of safety and the environment at Auto Shanghai 2015. The show will be held in Shanghai, China April 22 – 29 and is open to the public. DENSO’s exhibition booth is located at 52E 101.

Safety
DENSO’s main display, called the Interactive Communication Cockpit, will showcase DENSO’s future driver-assist technologies to improve driver safety. To help driver’s keep their hands on the wheel and eyes on the road, the cockpit features a large-screen head-up display (HUD) that projects important and critical information on the windshield, like road signs, vehicle speed and potential road hazards, like pedestrians, oncoming vehicles or obstacles. In addition, the cockpit can notify driver’s of upcoming hazards with sound and light to ensure safety.

DENSO will show video of its advanced driving support system, which reduces driver workload and assists safe driving by automated driving and automatic lane change. DENSO tested this technology on a public road in Japan and demonstrated at 2014 ITS World Congress last year. The video will show those activities and introduce how DENSO has been developing its technology to achieve safer and more reliable driving.

Environment
In the area of the environment, DENSO will display injectors, high-pressure pumps and other products for gasoline direct injection systems, as well as products for hybrid and electric vehicles. Furthermore, the company will display stop/start system-related products, like its lithium-ion battery packs, which stores regenerated power and then supplies the stored regenerated power to the electrical and electronic components, such as the car navigation and audio systems. The company also will display its cold storage evaporator, which maintains a supply of cool air to the vehicle cabin to avoid a cabin temperature increase while the air- conditioning is powered down when the vehicle is at idle.

DENSO will continue to develop technologies and products to help significantly improve safety and greatly increase fuel efficiency.

About DENSO Corporation:
DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

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Five Time Award Recipient from Caterpillar, Inc.

Press Releases

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

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

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

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

About DENSO:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

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

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The Korea Fair Trade Commission’s Announcement Concerning the Monopoly Regulation and Fair Trade Act related to Certain Automotive Components

Press Releases

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

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

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

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

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

About DENSO:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

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

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DENSO Battle Creek, Mich. Facility Expansion: $53.6 Million Invested, 100 Jobs Added

Press Releases

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

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

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

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

About DENSO:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

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

Company Profile: DENSO Manufacturing Michigan, Inc.

Location: One Denso Road, Battle Creek, MI,49037-1056
Founded: Nov. 1, 1984
Products/Business Activities: Production of automotive air conditioning and engine cooling components and systems, including condensers, radiators, CRFMs (condenser, radiator, fan modules), heater cores, evaporators and HVAC units.
Key Management: Shingo Kuwamura, president DENSO Manufacturing Michigan, Inc. and CEO, DENSO Thermal Systems North American Center (TAC)

Yoshihiko Yoshikawa,senior vice president, Finance and Administration

Employees: 2,762 (March 1, 2015)
Ownership: 100 percent DENSO International
America, Inc.
Facilities: 1,350,000 square feet of manufacturing and administrative floor space on more than 96 acres of land. The campus also includes a 5,500 square-foot recreation center and an on-site employee pharmacy.
New Investment: Reliability and Development Center—36,000 square feet of laboratory and training space

North Logistics Center—216,390 square feet of warehouse space on 5 acres of land

OEM Customers: Toyota, Honda, General Motors, Chrysler, Ford, Fiat, Subaru, Hyundai, John Deere, CNH Global, and Cummins

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