KARIYA, JAPAN, September 1, 2025 – (JCN Newswire) – DENSO CORPORATION (hereinafter “DENSO”) today revealed that its Board of Directors has actually solved to move its Spark Plug and Exhaust Gas Sensor organization (Oxygen Sensor and Air-Fuel Ratio Sensor), to Niterra Co., Ltd (hereinafter “Niterra”). The 2 celebrations reached a choice to sign business transfer contract throughout a board of directors fulfilling on September 1st, 2025.
In the procedure of accomplishing a carbon neutral society, energized automobiles are anticipated to end up being more extensive throughout the car market. At the exact same time, powertrain diversity is anticipated to continue advancing, in reaction to varying energy and fuel requires throughout areas and nations. In such market environment modifications, DENSO acknowledges that advancing item development throughout all domains and developing a sustainable supply structure lined up with the expected market scale, are difficulties for the whole automobile market.
Under all these elements, on July 10, 2023, DENSO finished an MOU * to move company operations for choose internal combustion engine parts to Niterra, which boasts a few of the world’s leading innovations in its field.
Ever since, through substantial conversations and considerations, the 2 celebrations reached a contract on business transfer. This choice was made while sharing a typical understanding of a strong dedication to the innovation and quality of Spark Plug and Exhaust Gas Sensor. Through this transfer, both business will improve the item abilities of internal combustion engines, by incorporating innovations and producing abilities shared by each other.
DENSO will continue to optimize its resources in the fields of electrification and tidy energy, such as hydrogen, which are anticipated to see increased adoption, going for sustainable development of these organizations.
Moving forward, DENSO will continue to progressively advance these efforts through thoughtful and continuous discussion with stakeholders, consisting of consumers, company partners and staff members. By leveraging the broad technological platform cultivated over several years, DENSO will play a crucial function in offering varied services throughout the automobile market, reacting to market requires around the globe, and adding to the awareness of a sustainable, carbon-neutral society.
The transfer will occur just after main approval has actually been acquired from competitors law authorities in all nations and areas worried, and after satisfying all other requirements.
Introduction of business Transfer
1. Target Business: Spark Plug and Exhaust Gas Sensor company (Oxygen Sensor and Air-Fuel Ratio Sensor)
2. Signing Date of the Agreement: September 1, 2025
3. Transfer Execution Date: To be figured out, pending conclusion of approvals from competitors law authorities in all nations and areas worried, and after satisfying all other requirements
Subject: Press release summary
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