Tag: DENSO

DENSO, Companies Initiate Demonstration to Expand Automotive Recycling Process

DENSO CORPORATION and other partners have been chosen by an industry-government-academia collaborative project aiming to expand the recycle content for automobile in the fiscal year 2023 supported by Ministry of the Environment, Japan. The project, titled “Demonstration of Manufacturing-and-Recycling Integrated Process for Horizontal Cycle* Enabled by Automated Sophisticated Dismantling of ELVs, (end-of-life vehicles)” has begun in early March and is scheduled to conclude by the end of January 2025. Project participants include REVER CORPORATION, DIC Corporation, UACJ Corporation, Kaneshiro Sangyou, KYUSHU METAL INDUSTRY CO., LTD., SUMITOMO CHEMICAL COMPANY, Daido Steel Co., Ltd., Toray Industries, Inc., Toyoda Gosei Co., Ltd., TOYOTA ... Read more

DENSO Announces Third Quarter Financial Results

DENSO, a leading mobility supplier, today announced global financial results for its third quarter, ending December 31, 2023, for its 2024 fiscal year, ending March 31, 2024: Consolidated revenue totaled 5,354.9 billion yen (US$37.8 billion), a 15.5 percent increase from the previous year. Consolidated operating profit totaled 238.6 billion yen (US$1.7billion), a 11.0 percent decrease from the previous year. Consolidated profit attributable to owners of the parent company totaled 175.6 billion yen(US$1.2billion), a 11.2 percent decrease from the previous year “Revenue in the third quarter increased compared to the previous year due to the strong vehicle sales mainly in Japan ... Read more

DENSO Integrates the Management of Three Group Companies in Brazil

DENSO CORPORATION today announced that it has integrated the management of three production and sales companies in Brazil as of January 1, 2024: DENSO DO BRASIL LTDA., DENSO MAQUINAS ROTANTES do BRASIL LTDA., and DENSO SISTEMAS TERMICOS do BRASIL LTDA. After the integration, the new DENSO DO BRASIL LTDA. manufactures and sells automotive components, including thermal products, which were previously produced independently by the three companies. Location of new DENSO DO BRASIL LTDA In 1975, DENSO established in Brazil a sales company for aftermarket car air conditioners, which was the predecessor of DENSO DO BRASIL LTDA. DENSO has since grown ... Read more

DENSO Joined Advanced SoC Research for Automotive

Twelve companies, automotive, electrical component, and semiconductor manufacturers, established the “Advanced SoC Research for Automotive” (ASRA) on December 1 to conduct research and develop high-performance digital semiconductors (System on Chip, SoC) for use in automobiles. ASRA will conduct research and development of SoC for automobiles using chiplet technology, with the aim of installing SoC in mass-production vehicles from 2030 onward. Please see the details on the link: https://asra.jp/news/20231228_en.pdf Topic: Press release summary

Japan – DENSO Announces Organizational and Executive Changes

DENSO Corporation, a leading mobility supplier, today announced changes to its organizational structure, executives’ responsibilities and personnel, effective January 1, 2024. DENSO has stated at “DENSO DIALOG DAY 2023” that it will evolve from being “a Tier 1 supplier that supports the auto industry” to “a Tier 1 supplier that supports a mobility-centered society”, aiming to maximize the value of theentire mobility society, in addition to vehicles. To achieve this, DENSO has announced its commitment to threechallenges: “evolution of mobility,” “strengthening of foundational technology,” and “creating new value.” To materialize these goals, the following organizational and executive changes will be ... Read more