News

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 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

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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/

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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/

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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/

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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/

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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/

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DENSO Announces New Management Structure and Management Changes

Press ReleasesSenior 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/

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