DENSO Announces Year-end Financial Results

DENSO Announces Year-end Financial Results

DENSO Corporation today announced global financial results for the fiscal year ending March 31, 2013:
Consolidated net sales totaled 3,580.9 billion yen (US$38.1 billion), a 13.5 percent increase from the previous year.
Consolidated operating income totaled 262.4 billion yen (US$2.8 billion), a 63.2 percent increase from the previous year.
Consolidated net income totaled 181.7 billion yen (US$1.9billion), a 103.5 percent increase from the previous year.

DENSO Continues to Support Toyota Racing in FIA World Endurance Championship

TOYOTA Racing began its first full season in the FIA World Endurance Championship at the Six Hours of Silverstone with a pole-postion start and a podium finish.

TOYOTA Racing is once again unique in using super capacitor technology in its hybrid powertrain. This fast charging/discharging technology delivers 300hp of boost under acceleration and was a key factor in last year’s race victories.

The two race cars feature a rear hybrid motor system developed by DENSO.

DENSO to Establish New Company in Poland to Produce Instrument Clusters

To strengthen its manufacturing footprint of instrument clusters in Europe, DENSO Corporation will establish a new company that makes instrument clusters in Myslowice, Poland, on April 5, 2013.
DENSO’s investment in the new company will total 16.1 million Polish zloty (approximately US$5.1 million*), and DENSO expects to employ approximately 70 people by the fiscal year ending March 31, 2016.
The new company, DENSO Poland Sp.zo.o, will start producing instrument clusters in August 2013.

DENSO Conducts Vehicle-to-Infrastructure Technology Field Tests in China

DENSO Corporation, in collaboration with Tongji University (Shanghai), will test vehicle-to-infrastructure (V2I) technology on public roads in Taicang, Jiangsu Province, China from Mar. 23 to Mar. 27.
The experiments are intended to help improve the traffic flow of public buses and also improve fuel efficiency and help reduce CO2 emissions.
This will be DENSO’s second field test in China with Tongji University regarding vehicle-to-vehicle and vehicle-to-infrastructure (V2X) technology, following a test conducted in March 2012.

DENSO Purchases All Shares of Shimizu Industry UK

DENSO Manufacturing UK Ltd., a DENSO subsidiary that manufactures car air conditioners and heaters,
has purchased Shimizu Industry UK Ltd., which manufactures plastic products for car air conditioners and radiators,
with effect from 31st January 2013.

As a result of this purchase, Shimizu’s Welshpool operations has become part of DENSO Manufacturing UK.

DENSO Announces Third-quarter Financial Results

DENSO Corporation today announced its third quarter global financial results for the nine months ending Dec. 31, 2012:
Consolidated net sales totaled 2,569.4 billion yen (US$29.7 billion), a 16.0 percent increase from the previous year.
Consolidated operating income totaled 188.0 billion yen (US$2.2 billion), a 128.9 percent increase from the previous year.
Consolidated net income totaled 130.8 billion yen (US$1.5 billion), a 259.7 percent increase from the previous year.

DENSO Europe launches IGNITE graduate programme

DENSO has confirmed that it is launching, in Europe, a new regional recruitment and development programme for Engineers as part of its longer term investment in the region.

DENSO will be recruiting on an annual basis a number of talented graduates to join its Engineering teams. They will benefit from a structured and international development programme lasting 24 months. IGNITE includes extensive training both in Japan and outside of their home country.

The Japan Fair Trade Commission’s Announcement Concerning the Antimonopoly Act related to Certain Automotive Components

It is DENSO’s policy to comply with all applicable antimonopoly laws. 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 antimonopoly laws. DENSO currently is in complete compliance with all antimonopoly laws.

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

DENSO to Participate at FISITA 2012 World Automotive Congress

DENSO Corporation will showcase its products and technologies focusing on safety and environment at the FISITA 2012 World Automotive Congress in Beijing,China,November 27-30, 2012.

Selling DENSO stock by Bosch Group

DENSO Corporation today announced that Bosch Group has informed DENSO about their sale of DENSO stock.

This sale of DENSO stock represents the dissolution of capital relations and has no effect or impact on the good and sound collaborative tie-ups in technologies or joint ventures between both companies, which continues since a “License agreement” was concluded in 1953.

The two companies will continue to work together within the framework of existing partnerships and alliances. In the future, Bosch and DENSO will continue to examine opportunities for alliances that will allow them to satisfy the requirements of the global automotive industry.

DENSO Announces First-half Financial Results

DENSO Corporation today announced global financial results for the first half of the fiscal year, which ended Sept. 30, 2012:

Consolidated net sales totaled 1,733.1 billion yen (US$22.3 billion), a 23.0 percent increase from the previous year.

Consolidated operating income totaled 136.3 billion yen (US$1.8 billion), a 327.7 percent increase from the previous year.

Consolidated net income totaled 78.1 billion yen (US$1.0 billion), a 235.3 percent increase from the previous year.

DENSO to Participate in the 19th ITS World Congress in Vienna

DENSO Corporation will exhibit at the 19th World Congress on Intelligent Transport Systems and Services, which will be held at Messezentrum Wien Exhibition & Congress Centre, Vienna, Austria, Oct. 22 – 26.

The company will showcase its products and technologies for Intelligent Transport Systems (ITS) that represent “Everyday Confidence, Extraordinary Safety.”

DENSO’s exhibition booth is located at B-50.

DENSO at Automechanika: More Products, More Data, More Support

The European aftermarket business unit of leading automotive original equipment manufacturer DENSO will announce several important new product ranges, new catalogues, and a reinforced commitment to service networks at Automechanika Frankfurt, September 11-16, 2012. Visit us in Hall 3.0, Stand E61.

Product news includes the introduction of EGR Valve, Fuel Pump and Retrofit Flat Blade ranges, a significant Lambda Sensors range extension, and three new 2012/13 catalogues.

Do business with DENSO at Automechanika

As well as showcasing its wide selection of OE quality aftermarket programmes at Automechanika, 11-16 September 2012, Messe Frankfurt, DENSO Europe B.V. Business Unit After Market (Hall 3.0, Stand E61) will be announcing additions to a number of its parts ranges.
The new product launches include the introduction of Exhaust Gas Recirculation (EGR) Valves and Fuel Pumps to DENSO’s Engine Management Systems programme; the launch of Retrofit Flat Blades to its Wiper Blades programme, and a significant Lambda Sensors range extension.

DENSO Announces First-quarter Financial Results

DENSO Corporation today announced global financial results for the first quarter ending June 30, 2012.
”Compared to last year, DENSO’s consolidated sales and income increased sharply, as our 2011 first quarter results were impacted by the Great East Japan Earthquake,” said Kenichiro Ito, executive director of DENSO Corporation. “Considering the first-quarter financial results, we have decided to upwardly revise the original forecasts for the first-half and full-year financial results.”

DENSO Develops Vehicle-to-Home Power Supply System for Electric Vehicles

DENSO Corporation has developed a vehicle-to-home (V2H) power supply system for electric vehicles (EV), which is designed to work in coordination with DENSO’s home energy management system (HEMS).

The V2H system can quickly charge an EV with direct current from the HEMS storage battery, and can supply the electricity in the EV back to the household. In addition, the system can efficiently distribute electricity, including power generated by residential photovoltaic systems (solar panels), to the EV and to the home through the coordination of the HEMS.

DENSO Celebrates Grand Opening of Its New Manufacturing Plant and Technical Center in Brazil

DENSO Do Brasil Ltda. (DNBR), a subsidiary of DENSO Corporation, today celebrated the opening of its new plant and technical center in Santa Barbara d’Oeste City, Sao Paulo, Brazil.

DENSO’s Chinese Motorcycle Component Production Company Integrates with Chinese Motorcycle Component Manufacturer

DENSO Corporation today announced that CHONGQING DENSO CO., LTD., DENSO’s motorcycle component production and sales base in China, and Kunshan Gongcheng Electric Equipment Co., Ltd., a motorcycle component manufacturing company in China, have integrated their businesses to form a new company in June.

The new joint venture company, GONGCHENG DENSO (CHONGQING) CO., LTD, have started production at two plants.

The Establishment of the Japan Association for Microalgae Fuels (JMAF)

JX Nippon Oil & Energy Corporation, IHI Corporation, and DENSO Corporation today announced the establishment of the Japan Association for Microalgae Fuels (JMAF).

DENSO Announces Senior Management Changes

DENSO Corporation today announced management changes, which were approved at today’s shareholders meeting and board of directors meeting. These changes are effective today.

DENSO Produces 100 Millionth SC Alternator

DENSO Corporation today held a ceremony at its Anjo Plant in Aichi, Japan, to celebrate reaching the milestone of producing its 100 millionth segment conductor (SC) alternator, its flagship alternator and a major product for the company.

DENSO began producing its SC alternator in December 1999 and manufactures it in all major regions of the world, including Japan, the United States, Thailand, China, Italy, India and Taiwan.

DENSO Announces Management Changes in European Sales and Engineering Organisations

DENSO INTERNATIONAL EUROPE, the regional headquarters of DENSO CORPORATION, has appointed new management at its Customer Sales Units.

Concurrently, the organisation is strengthening its engineering structure through the appointment of two new leaders.

DENSO to Establish a New Manufacturing Facility in India

In an effort to support increasing vehicle production in India, DENSO will build a new manufacturing facility in Jhajjar,Haryana,India, that will produce small motors for products, such as windshield wiper systems, power window systems; and engine cooling modules.

DENSO Group’s Global Mid-term Policy Established

DENSO Corporation has established its Global Mid-term Policy that defines the DENSO Group`s overall business plan and principles for the next four fiscal years (fiscal year`s ending March 2013 – March 2016).

The DENSO Group aims to continue to develop World-first products, drive global collaboration across the Group worldwide, and act quickly to achieve its objectives.

DENSO Announces Year-end Financial Results

DENSO Corporation today announced global financial results for the fiscal year ending March 31, 2012.

DENSO Develops the World’s First Automotive A/C System Capable of Controlling the Heating/Cooling of the Driver’s Area Only

DENSO Corporation has developed the world’s first automotive air conditioning (A/C) system that is capable of heating/cooling the driver’s area only. DENSO’s new system can separately control the climate in three different cabin zones, the driver, front passenger and rear seat areas, which can help improve overall fuel economy when the A/C is on.

DENSO to Present Technical Papers at the 2012 SAE World Congress

During the Society of Automotive Engineers’ World Congress in Detroit, which will be held April 24-26, DENSO will present seven technical papers.
This year’s SAE 2012 World Congress theme, Get Connected, represents the new and diverse connections that will drive significant advancements in the auto industry of tomorrow.
DENSO is working on global connected vehicle applications that connect cars, the infrastructure, and safely and seamlessly connect drivers with the information they need and expect in the vehicle.

DENSO to Exhibit at the 2012 Beijing International Automotive Exhibition

DENSO Corporation will exhibit its latest technologies and products that connect people, vehicles, and society at the 2012 Beijing International Automotive Exhibition (Auto China 2012, DENSO booth: W1-W06).

Toyota Hybrid Racing Season to Start at Le Mans

During testing at Paul Ricard, on Wednesday 4 April, Toyota Racing’s TS030 HYBRID was involved in an accident which damaged the team’s only monocoque. Therefore TOYOTA Racing will make its first appearance at the Le Mans 24 Hours in June.

DENSO to Expand and Relocate Technical Center in China

To expand its business in the growing Chinese market, DENSO Corporation will expand and relocate its technical center, which is located in Shanghai and serves as part of DENSO’s regional headquarters in China.

DENSO to Acquire I-Net Corporation’s 3D Business Unit

DENSO Corporation has agreed with I-Net Corporation to acquire its 3D Business Unit, which provides software and services based on its technologies to create and analyze 3D images.

DENSO Supports Volvo Polestar in Swedish TTA Racing Series

DENSO is proud to be supporting Volvo Polestar in the TTA – Racing Elite League 2012. With two months remaining to the TTA premiere on the 12th of May at Karlskoga, a new future awaits Swedish motorsport with sporting values, tight races and completely new regulations with exciting technology. More technical details will follow at a later stage.

DENSO to Begin Vehicle-to-Vehicle and Vehicle-to-Infrastructure Technology Field Tests in China

DENSO Corporation, in collaboration with Tongji University (Shanghai), will begin testing vehicle-to-vehicle and vehicle-to-infrastructure (V2X) technology on public roads in Taicang, Jiangsu Province, China on March 22, 2012.

DENSO’s Technical Center in India Starts Operations

DENSO Corporation announced that it started operations of its sixth regional technical center in Gurgaon, India. It will lead development of automotive powertrains, electric and electronic systems, information and safety systems, small motors, and motorcycle products for vehicle manufacturers in India.

DENSO Signs Memorandum of Understanding with Intel

KARIYA (Japan) ― DENSO Corporation signed a MoU with Intel Corporation to collaborate on next-generation in-vehicle information and communication systems. The goal of the joint project is to develop a platform to provide drivers information about their vehicles and to seamlessly connect to information and content from mobile devices like smartphones and tablets.

First Endurance Run For TOYOTA TS030 HYBRID

TOYOTA Racing completed its first long-distance endurance test during a three-day session at Paul Ricard in France. In just its second full test, and its third time on track including a roll-out, the TS030 HYBRID with DENSO rear motor set-up, was faced with the tough challenge of a 30-hour endurance run.

DENSO Announces Third-quarter Financial Results

DENSO Corporation today announced its third quarter global financial results for the nine months ending Dec. 31, 2011.

Plea Agreement with the United States Department of Justice Concerning Certain Automotive Components

DENSO Corporation concluded a plea agreement with the United States Department of Justice (DoJ) on January 30, 2012 based on charges that it violated antitrust laws in connection with sales of certain automotive components.

DENSO to Support Toyota Racing in its Forthcoming FIA World Endurance Championship Participation

Toyota is the first manufacturer to confirm its participation in the FIA World Endurance Championship using a hybrid system, emphasising the pioneering approach to this technology. The 2012 racecar will feature a rear hybrid motor system developed by DENSO.

DENSO to Build Additional Manufacturing Facility in Silao, Guanajuato, Mexico

DENSO Corporation today announced that DENSO Mexico S.A. de C.V. (DNMX), located in Apodaca City, NuevoLeon, will build an additional plant in Silao, Guanajuato, Mexico.

DENSO Displays at Auto Shows in India and North America

DENSO Corporation will exhibit for the first time at the Delhi Auto Expo in India, from January 5-11, 2012. DENSO will introduce its wide range of advanced technologies and will show its products in the fields of environment, safety, comfort and convenience.

DENSO Announces Organization Changes

KARIYA (Japan) ― To increase the company’s global competitiveness and achieve future growth, DENSO Corporation will make the following organizational changes effective Jan. 1, 2012. 1. Reorganization of Electric Systems Business Group To create an organization that can systematically comply with all powertrain control systems including conventional internal combustion engines, hybrid vehicles and electric vehicles, [...]

innovITS ADVANCE demonstrates comprehensive eCall test and certification capability

- New European automatic communication system aimed at reducing emergency services response time to accidents involving eCall equipped vehicles – tests at innovITS ADVANCE have demonstrated this UK facility’s capability to evaluate the performance of products incorporating eCall. – The new eCall technology is in the process of being adopted by a large number of [...]

DENSO to Exhibit at the 42nd Tokyo Motor Show

- Highlighting interactive connectivity for a safer, more enjoyable and convenient automotive society – Kariya (Japan) – DENSO Corporation will exhibit its latest technologies and products, which connect people, vehicles, and society at the 42nd Tokyo Motor Show. The show will be held at the Tokyo International Exhibition Center and will be open to the [...]

DENSO Announces New Global Aftermarket Division and Intends to Merge Nine Sales Companies in Japan

―Strengthening Automotive Aftermarket and Non-automotive Business― KARIYA (Japan) ― In an effort to strengthen automotive aftermarket and non-automotive businesses, DENSO Corporation has announced the formation of a new global aftermarket division based at the company’s headquarters in Kariya, Japan. In addition, the company will consolidate its eight Japanese sales companies and its group company, DENSO [...]

DENSO Announces First-half Financial Results

KARIYA (Japan) ―DENSO Corporation today announced global financial results for the first half of the fiscal year, which ended Sept. 30, 2011: Consolidated net sales totaled 1,409.1 billion yen (US$18.4 billion), an 11.4 percent decrease from the previous year. Consolidated operating income totaled 31.9 billion yen (US$415.6 million), a 74.4 percent decrease from the previous [...]

DENSO Wins Medals at the 41st World Skills Competition

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 two gold medals in the Manufacturing Team Challenge and CNC Turning categories at the 41st WorldSkills Competition. The competition was held in London, Oct. 4-9, 2011. Both categories also received [...]

DENSO to Exhibit at 64th IAA in Frankfurt, Germany

KARIYA (Japan) ― DENSO Corporation will exhibit at the 64th IAA (Internationale Automobil-Ausstellung) Motor Show in Frankfurt, Germany, on Sept. 15-25, 2011. DENSO will introduce its latest technologies and products that will support the theme; “Connecting Drivers, Vehicles, and Society.”

DENSO Announces First-quarter Financial Results

KARIYA (Japan) ―DENSO Corporation today announced global financial results for the first quarter ending June 30, 2011:

Consolidated net sales totaled 630.2 billion yen (US$7.8 billion), a 21.5 percent decrease from the previous year.

DENSO Announces First-half Financial Results

KARIYA (Japan) ―DENSO Corporation today announced global financial results for the first-half of the fiscal year, which ended Sept. 30, 2010:

DENSO Announces First-quarter Financial Results

Upward revision to the first-half and full-year forecast KARIYA (Japan) ―DENSO Corporation today announced global financial results for the first quarter ending June 30, 2010: Consolidated net sales totaled 802.8 billion yen (US$9.1 billion), a 37.3 percent increase from the previous year. Consolidated operating income totaled 70.7 billion yen (US$798.6 million), an increase of 85.9 [...]

DENSO Announces Senior Management Changes

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. New Directors appointed to the Board: Koji Kobayashi, Executive Vice President (from Senior Managing Director) Mitsuhiko Masegi, Senior Managing Director (from Managing Officer) Masahiko Miyaki, Senior Managing Director (from Managing [...]

DENSO Acquires Italian Aftermarket Distribution Company for Automotive Climate Control Components

DENSO aims to expand its European business with existing business KARIYA (Japan) ― DENSO Corporation acquired all shares of CTR s.r.l, an aftermarket commercial company with locations in Italy, Spain and France that distributes various automotive climate control components, such as compressors, HVAC components and heat exchangers. CTR was a subsidiary of Finber S.p.A., a [...]

DENSO Announces Management Changes

Changes affect Board of Directors and Managing Officers KARIYA (Japan) ―DENSO Corporation today announced changes to its board of directors and managing officers. Changes will take place after the 87th Annual General Meeting of Shareholders on June 25, 2010. New appointments for the Board of Directors: Koji Kobayashi, Executive Vice President (from Senior Managing Director) [...]

DENSO Announces Year-end Financial Results

income back to the black in 12 months KARIYA (Japan) ―DENSO Corporation today announced global financial results for the fiscal year ending March 31, 2010: Consolidated net sales totaled 2,976.7 billion yen (US$32.0 billion), a 5.3 percent decrease from the previous year. Consolidated operating income totaled 136.6 billion yen (US$1.5 billion), an increase of 173.9 [...]

DENSO to Construct a New Plant for Production Base in Brazil

Increasing capacity to produce car air conditioning systems and other products KARIYA (Japan) ―DENSO Corporation today announced that it will construct a new plant for DENSO do Brasil Ltda. (DNBR), one of DENSO’s Brazilian production sites, in Santa Barbara d’Oeste City, Brazil, about 130 km northwest of Sao Paulo City. “We expect demand for motor [...]

DENSO, BeMap, Nagase, JTB Central Japan, and Ryukohasshin Holdings to Establish New Company in Japan

Company to provide driving information service KARIYA (Japan) ― DENSO Corporation, BeMap Inc., Nagase & Co., Ltd., JTB Central Japan Corporation, and Ryukohasshin Holdings, Inc. will establish a new company on April 1 to provide driving information services in Japan through the Internet. The new company, DENSO Communications Corp., will start operations on the same [...]

DENSO Announces Third-quarter Financial Results

Upward revision to the full-year forecast Kariya (Japan) ―DENSO Corporation today announced its third quarter global financial results for the nine months ending Dec. 31, 2009: Consolidated net sales totaled 2,118.2 billion yen (US$23.0 billion), a 19.5 percent decrease from the previous year. Consolidated operating income totaled 78.8 billion yen (US$855.4 million), a 7.5 percent [...]

DENSO International Europe Names New President and CEO for European Region

Weesp (the Netherlands) ― DENSO today announced the appointment of Mr. Yoshikazu Makino to President and CEO of DENSO International Europe B.V., DENSO’s regional headquarters in Weesp, the Netherlands, effective June 22, 2011. Makino is Executive Director of DENSO Corporation and replaces Mr. Shigehiro Nishimura, who is going to be in charge of the Asia/Pacific [...]

DENSO Announces Year-end Financial Results

Kariya (Japan) – DENSO Corporation today announced global financial results for the fiscal year ending March 31, 2011: ・Consolidated net sales totaled 3,131.5 billion yen (US$37.7 billion), a 5.2 percent increase from the previous year. ・Consolidated operating income totaled 188.3 billion yen (US$2.3 billion), a 37.8 percent increase from the previous year. ・Consolidated net income [...]

DENSO Announces Management Changes

Changes affect Board of Directors, Corporate Auditors and Executive Directors KARIYA (Japan) ―DENSO Corporation today announced changes to its board of directors, corporate auditors and executive directors. Changes will take place after the 88th Annual General Meeting of Shareholders on June 22, 2011. New appointments for the Board of Directors: Sojiro Tsuchiya, Executive Vice President [...]

DENSO Announces Third-quarter Financial Results

KARIYA (Japan) ―DENSO Corporation today announced its third quarter global financial results for the nine months ending Dec. 31, 2010: ・Consolidated net sales totaled 2,358.0 billion yen (US$29.0 billion), a 11.3 percent increase from the previous year. ・Consolidated operating income totaled 174.4 billion yen (US$2.1 billion), a 121.4 percent increase from the previous year. ・Consolidated net [...]

DENSO Announces “2015 Environmental Action Plan”

KARIYA (Japan) ― Here at DENSO, we can honestly say that we’re committed to protecting the environment because it’s who we are