DENSO Announces Management Changes

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 (from Senior Executive Director)

Akio Tajima, Senior Executive Director (from Executive Director)

 

New Corporate Auditor:

Toshimichi Kondo

 

New Executive Directors:

Masanari Murakami (Electronics Manufacturing Division)

Yukihiro Shinohara (Diesel Injection Business Unit)

Kazumasa Kimura (Global Sales & Business Development Division)

 

Board of Director, Corporate Auditor and Executive Director retirements include:

Mitsuhiko Masegi (from Senior Executive Director)

Tamiki Kishida (from Corporate Auditor)

Yoshiki Sekiguchi (from Executive Director)

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, electric, 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 35 countries and regions (including Japan) and employs approximately 120,000 people. Consolidated global sales for the fiscal year ending March 31, 2011, totaled US$37.7 billion. Last fiscal year, DENSO spent 9.3 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.