Tag: DENSO

DENSO Corporation today announced that it will exhibit at the IAA Mobility 2023 to be held in Munich, Germany, September 5-10. DENSO Exhibition Stand, Munich Exhibition Center (Hall A2 – D21) DENSO will showcase the concepts of “Green” and “Peace of Mind” and DENSO’s unique approach to the ?2035 Vision?. On the 4th of September recently-appointed DENSO President and COO Shinnosuke Hayashi will make his first European public appearance and speaking engagement during a press event at the DENSO exhibition stand. DENSO Press EventDate and time: 4 September 2023, 14:20 to 14:40 CESTLocation: DENSO Exhibition Stand, Munich Exhibition Center (Hall ... Read more

DENSO Corporation today announced that it has set Scope 3(1) as a new target to reduce greenhouse gas emissions and has acquired SBT certification from the Science Based Targets initiative (SBTi(2)), an international initiative, in addition to the targets of Scope 1(1) and Scope 2(1). DENSO has set newly established goals for Scope 3 to reduce CO2 emissions throughout the supply chain by 25% by FY 2030 from a FY 2020 base year. and has obtained SBT certification for this target. In addition to the SBT certification for Scope3, DENSO has set the goal of “achieving carbon neutrality throughout the ... Read more

DENSO Corporation has announced that it has acquired the full stake in Certhon Group, a Dutch horticultural facility operator, with the aim of accelerating the global expansion of its agricultural production business.In recent years, climate change and a decrease in the number of people taking up farming have led to unstable agricultural production, and the need to develop a stable and sustainable agricultural production system through the establishment of a climate-independent cultivation environment and the reduction of labor shortages and heavy workload. To solve these various issues in the food and agriculture field, DENSO and Certhon formed a capital alliance ... Read more

DENSO, a leading mobility supplier, today announced global financial results for its first quarter, ending March 31, 2024: – Consolidated revenue totaled 1,712.9 billion yen (US$11.8 billion), a 21.0 percent increase from the previous year.– Consolidated operating profit totaled 94.4 billion yen (US$0.7 billion), a 48.3 percent increase from the previous year.– Consolidated profit attributable to owners of the parent company totaled 85.5 billion yen (US$0.6 billion), a 64.7 percent increase from the previous year. “Revenue in the first quarter increased compared to the previous year due to the easing of the semiconductor shortage, vehicle production increase, foreign exchange gains ... Read more

DENSO Corporation today announced that it has concluded a memorandum of understanding (“MOU”) on starting negotiations for the transfer of selected internal combustion engine parts operations to Niterra Co., Ltd. The two parties reached a decision to sign the MOU during a board of directors meeting on July 10, 2023. In the process of achieving carbon neutrality, electrification is picking up pace throughout the auto industry. At the same time, the auto industry is working to further evolve internal combustion engines, taking into account differences in energy situations and fuels used in each region and country. Under these circumstances, the ... Read more