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DENSO Holds Annual Dialog Day, Delivers Company Direction Update

KARIYA, JAPAN, Dec 16, 2022 - (JCN Newswire via SEAPRWire.com) - DENSO, a leading mobility supplier, has hosted its annual Dialog Day on December 15th. Aiming to enhance its concepts "Green" and "Peace of Mind" to realize what the company calls a "well-being cycle society," DENSO has announced its sustainability management strategy that contributes to a sustainable society, its corporate value improvement strategy to strengthen the corporate foundation which supports the creation of values, and "The Five Flows," which is DENSO's unique approach to the "2035 Vision.""Over the past 10 years, DENSO has allocated a total of approximately 8 trillion yen in research and development and capital expenditures for future investments. DENSO has also been investing in human resources, which can be seen through the large increase of employees worldwide, from 130,000 to 170,000. As a result, the company expects to reach a new record in sales and operating income. On the other hand, as global environmental issues, food shortages, and resource shortages become more serious, we often ask ourselves, "what more can we do to contribute to people's well-being?" said Koji Arima, President, and CEO of DENSO Corporation. "To date, DENSO has been striving to create a 'cycle of well-being' by growing and developing together with everyone in the automotive industry. As part of our efforts to expand this cycle of well-being from mobility to broader society, we have focused on "The Five Flows," which are: Free Movement of People, Flow of Goods, Energy Utilization, Minimization of Resource Requirements, and Flow of Data. DENSO will work to realize a "well-being cycle society" in which happiness can circulate more widely by interconnecting and integrally controlling "The Five Flows." Furthermore, DENSO will make future investments of 10 trillion yen over the next 10 years. As top management, I will seek partners who share our '2035 Vision' while enhancing our ability to achieve it."Technological Developments towards the World in 2035To realize a recycling-oriented society that never stops social activities and responds to diverse values and well-being, DENSO will work on "The Five Flows."Initiatives for the Free Movement of People and the Flow of Goods for Safe and Valuable Mobility- Free Movement of PeopleAiming to eliminate fatalities from traffic accidents, DENSO will expand the scope of support to include everyday driving. DENSO has developed algorithms that support safe driving by integrating not only the vehicle's surroundings, but also the driver's condition, skills, and driving tendencies. This will realize a higher level of safety. In addition, to realize mobility that responds to diverse values, DENSO will develop an electronic platform that updates vehicle functions following the values sought by individuals.- Flow of GoodsTo solve social issues such as driver shortages and increased cargo volumes, DENSO intends to realize a logistics system that combines automated driving and advanced operating systems. The advanced operating system will embark on efforts to eliminate long-hour operations and empty cargo on return trips in trunk routes, and eventually utilize quantum computing to optimize teams, goods, and time in logistics as a whole.Initiatives for Energy Utilization and Minimization of Resource Requirements for Eco-Friendly Monozukuri- Energy UtilizationDENSO will build an energy circulation system that combines various types of energy such as electricity, hydrogen, and fuels, aiming to realize carbon neutrality in monozukuri, or the art of making things. In addition, DENSO has started demonstrating this system at its factory and will expand it to other industries and regions.- Minimization of Resource RequirementsTo sustainably manufacture products with limited resources and minimize environmental impacts, DENSO will build an ecosystem for car manufacturing in which car resources are recycled in cooperation with various partners and industries, enabling the collection of discarded products and their reintroduction as recycled products. DENSO will progress with the development of new disassembly methods and materials to achieve low-cost, high-efficiency recycling.Initiatives to Join Flows Together to Maximize Value- Flow of DataWe will build a standard data platform that connects supply chains with data and apply it to battery traceability systems for electric vehicles. DENSO will also provide new values by connecting all data generated from "The Five Flows" in the lifecycle of mobility. Furthermore, DENSO will realize a world where new cars are reborn from old cars.- Strategies for Enhancing Corporate ValueThrough the initiatives of Green and Peace of Mind, DENSO will promote sustainability management that leads to solutions to social issues, and work on financial strategies to improve Return on Equity (ROE) to achieve business growth.Promoting Sustainability Management- The Progress of Green and Peace of Mind StrategiesDENSO is making steady progress in efforts to maximize the values of Green and Peace of Mind. In order to achieve carbon neutrality by 2035, DENSO has achieved sales of 550 billion yen in the electrification field, and has been improving the cumulative number of inverters produced, and is working to develop technologies to recycle and repurpose CO2. In addition, sales in the advanced driver assistance systems (ADAS) field have reached 320 billion yen, and the introduction of thermal management systems for battery EVs is progressing, accelerating the safety strategy to deliver peace of mind to society.- Strengthening the Corporate FoundationDENSO has established various sustainability key performance indicators (KPIs) corresponding to materiality. In addition to establishing KPIs for a thriving, diverse workforce such as the ratio of female managers and the ratio of local human resources among the heads of overseas bases, we have introduced some of these KPIs into the evaluation of executive compensation.Financial Strategies to Improve ROE- Growth Strategies that Balance Both Philosophy and ProfitabilityDENSO will further accelerate the transformation of its business portfolio to eliminate CO2 emissions and eliminate traffic fatalities and increase profitability. While promoting convergence in products for internal combustion engines, DENSO will expand CASE areas and new businesses, aiming for sales of 7 trillion yen in growth areas in 2035. In the electrification sector, DENSO aims to achieve annual production of 19 million inverters in 2030, which will also contribute to the expansion of battery EVs. In addition, for semiconductors that support electrification and ADAS, DENSO will strengthen in-house development and strategic collaboration with competitive partners. Over the next 3 years, DENSO aims to invest 250 billion yen in the semiconductor field.- Resource StrategiesDENSO will shift its resources to CASE areas, including semiconductors while reducing capital expenditures mainly in mechanical and hardware for products of internal combustion engines. DENSO will also focus on software development, targeting a research and development expenditure of 450 billion yen and a capital expenditure of 350 billion yen by 2025.- Improvement of Capital Structure and Shareholder Return PolicyWith a target of a shareholders' equity ratio of 50% or more, DENSO will improve its capital structure to achieve both efficiency and safety and improve ROE. In 2021, DENSO has raised its dividend standard to a dividend on equity (DOE) of 3.1%, and will continue to improve the level of dividends in a stable manner over the long term with an awareness of the cost of shareholders' equity.About DENSODENSO is a $45.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 198 facilities to produce electrification system, powertrain system, thermal system, mobility electronics, & advanced devices, to create jobs that directly change how the world moves. The company's 167,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2022. For more information about global DENSO, visit  www.denso.com/global/en/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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DENSO Receives Highest Rating from CDP in “Climate Change” and “Water Security”

KARIYA, JAPAN, Dec 13, 2022 - (JCN Newswire via SEAPRWire.com) - DENSO Corporation today announced it has been selected as an "A-List" company in the assessment of environmental initiatives conducted by international nonprofit CDP(1) for its excellent efforts in the areas of climate change and water security, as well as information disclosure. This is the first time DENSO has been selected for the "A-List" in the area of "Climate Change" and the second consecutive time in the area of "Water Security."In its long-term policy for 2030, DENSO has integrated the principle of "Bringing hope for the future for our planet, society, and all people," and is accelerating its sustainability management to maximize the value it provides in the fields of "Green" and "Peace of Mind." Specifically, in the area of "Green," in support of global efforts to reduce environmental impacts, DENSO aims to achieve carbon neutrality within its production activities by 2035, well ahead of 2050, the goal set by the Japanese government. DENSO also promotes initiatives in the 3 areas of "Monozukuri (manufacturing)," "Mobility Products," and "Energy Use" to realize a carbon-neutral society.DENSO believes that its multifaceted efforts have contributed to its selection for the "A-List." As a manufacturer, which can be energy intensive, DENSO has long been committed to reducing its environmental impact in all its business activities, including product development and production, to foster sustainable global and business environments. In 2022, in the fields of promoting mobility products and systems with high environmental performance and developing new technologies to recover and reuse CO2, DENSO has been utilizing the Green Innovation Fund(2) of the New Energy and Industrial Technology Development Organization (NEDO), a national research and development corporation. DENSO aims to achieve sustainable business growth and expansion and contribute to addressing ever-increasing environmental issues. In addition, DENSO has implemented a wide range of timely measures, including the promotion of environmental activities throughout its supply chain and the introduction of environmental, social, and governance (ESG) initiatives in response to growing public interests.DENSO remains committed to enhancing its corporate value and contributing to the realization of a sustainable society through sustainability management.(1) CDP is a British charity-controlled non-governmental organization that provides global disclosure systems to help investors, corporations, nations, regions, and cities manage their environmental impacts.(2) DENSO has been selected for the following 3 Green Innovation Fund projects.For more information, visit www.denso.com/global/en/news/newsroom/2022/20221213-g01/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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NTT Com and DENSO to Collaborate to Provide Security Operation Center for Vehicles

KARIYA, JAPAN, Oct 18, 2022 - (JCN Newswire via SEAPRWire.com) - NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT group, and DENSO CORPORATION (DENSO), the global manufacturer of mobility components offering advanced mobility technologies, systems and products, announced today that it will collaboratively develop the Security Operation Center for Vehicles (VSOC1) to respond to the threat of increasingly sophisticated cyber-attacks against vehicles. Culminating from past efforts2, this collaboration combines the strengths of NTT Com and DENSO to establish and develop the technologies that comprise the VSOC(vehicle SOC) service and its operation systems. NTT Com provides its technological capabilities related to managed IT security, including networking, cloud computing, and ICT SOC, while DENSO leverages its unique technologies related to information security, communications, and data analysis, which it has cultivated in the areas of in-vehicle systems, vehicle cybersecurity, and connected car development. The two companies, both of which have extensive expertise in the IT and mobility fields, will work together to provide robust VSOC services that can accurately respond to evolving vehicle-related cyber-attacks. The collaboration aims to provide key services that enable prompt incident response at car manufacturers and mobility providers. Services to be provided include:- Vehicle monitoring and cyber-attack detection by automating the acquisition of log output from communications, connected servers, and security devices installed within vehicles- Detection of cyber-attack trends along with the details of actual attacks against vehicles on an individual or fleet-wide basis- Analysis of cyber-attacks and threats by expert security analysts, reporting of results and forensic information that facilitates recovery and response efforts, and real-time visualization and alerting for customers through a client portal site- Reliable and highly-available vehicle security monitoring on a global scale, built atop of NTT Com's proven infrastructure and operational experienceAs the number of vehicles facing threats from sophisticated cyber-attacks continues to grow, it is necessary to monitor connected cars, detect and analyze attacks at an early stage, and take appropriate measures. Through this collaboration, the two companies aim to provide VSOC services and accelerate their development to contribute to the realization of a safe and secure mobility society. NTT Com and DENSO began developing technology to detect and analyze vehicle cyber-attacks in 2017. Since 2020, the technology was further refined by simulating attack scenarios against vehicles and measuring responses to various events, including the detection of attacks and the analysis of the scope of impact using an experimental VSOC.(1) VSOC is an abbreviation for Security Operation Center for Vehicles. It refers to an organization that specializes in detecting and analyzing cyber-attacks on vehicles and developing countermeasures against them. (2) DENSO and NTT Communications Starts Validating Jointly Developed Vehicle Security Operation Center Technology to Realize Resilient Security Solutions for Connected Cars (published in December 2019)About NTT CommunicationsNTT Communications solves global technology challenges by helping enterprises utilize managed IT-infrastructure solutions to overcome complexity and risk in their ICT environments. These solutions are backed by our worldwide infrastructure, including industry-leading, global tier-1 public and private networks reaching over 190 countries/regions, and more than 500,000m2 of the world's most advanced data center facilities. Now as the core provider of the DOCOMO group's enterprise-business services and solutions, we create value through global-scale support for structural changes in industry and society, new workstyles, and digital transformation in communities. Together with NTT Ltd., NTT Data, and NTT DOCOMO, we are the NTT Group. www.ntt.com; Twitter@NTT Com; Facebook@NTT Com About DENSO DENSO is a $45.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 198 facilities to produce electrification system, powertrain system, thermal system, mobility electronics, & advanced devices, to create jobs that directly change how the world moves. The company's 167,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2022. For more information about global DENSO, visit www.denso.com/global/en/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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NTT DATA and DENSO Start to Build an Industry-wide Ecosystem for EV Batteries

KARIYA, JAPAN, Oct 13, 2022 - (JCN Newswire via SEAPRWire.com) - In September 2022, NTT DATA Corporation ("NTT DATA") and DENSO Corporation ("DENSO") started to build an industry-wide ecosystem for electric vehicle (EV) batteries to create a global trusted dataspaces where only necessary data can be shared, while also protecting private data.Overview of the Global Trusted DataspacesThe new battery regulation currently being reviewed in Europe will require disclosure of CO2 emissions and the resource recycling rate throughout battery lifecycles to the European Commission. In the future, when Japanese companies sell EVs, including battery electric vehicles (BEVs) and hybrid electric vehicles (HEVs), in the European market, they will be required to meet this regulation in Europe. To make this possible, it is necessary to build a common platform for securely sharing data between suppliers in the value chain, instead of requiring respective companies to meet the regulation individually.NTT DATA and DENSO have therefore jointly applied for the solicitation of proposals under the subsidy program of the Ministry of Economy, Trade and Industry (METI) to create an industry-wide ecosystem for EV batteries. The two companies were officially approved as business operators in September 2022.(1) In the future, the platform used for the ecosystem is intended to serve as a next-generation information infrastructure, allowing for the secure use of data among companies in different industries, including EV batteries.NTT DATA and DENSO will launch a study on a common platform for the automotive and manufacturing industries with the aim of commercializing services by the end of FY2023.1. BackgroundTo solve social issues such as attaining carbon neutrality, a recycling-oriented society, and human rights due diligence, a new mechanism is required for accurately distributing the data possessed by respective organizations across the supply chain. To prevent differences in business practices and legal regulations in respective countries and regions from hampering data distribution, data-sharing platforms have been studied in various countries in collaboration with many companies and organizations. Examples include building mechanisms such as Gaia-X,(2) which is a common standard for data distribution platforms in Europe, and Catena-X,(3) which is led by German automakers and IT companies.It is expected that Japanese companies that do business with German automotive companies will be required to distribute data via Catena-X. If they do so in accordance with the batteries regulation in Europe, data related to trade secrets, such as information on the raw materials of automotive components and order taking and placement, in addition to the carbon footprint ("CFP") information, will be stored in data centers located overseas. This may raise concerns for Japanese companies from the viewpoint of information management. Thus, Japan needs a unique system which can be interconnected with data spaces(4) in Europe while safely ensuring data management based on Japan's policy.To take on this challenge, NTT DATA and DENSO will launch a study on a data space for the automotive and manufacturing industries ("the data space") to manage life cycle data on EV batteries and build an industry-wide ecosystem for EV batteries.2. Specific effortsNTT DATA and DENSO will study a method for calculating the CFP information of the supply chain, which is required to build an industry-wide ecosystem for batteries that are crucial for the spread of EVs, and for visualizing environmental considerations in terms of scarce resources and human rights (human rights and environmental due diligence ("DD")) in the data space.As part of such efforts, NTT DATA and DENSO jointly applied for a METI subsidy program for FY2022 and were approved as business operators in September 2022. The two companies will work with relevant organizations to study a way of sharing, accumulating, and exchanging information on the calculation of CFP and implementation of DD in an industry-wide ecosystem for batteries. NTT DATA has worked with Nippon Telegraph and Telephone Corporation ("NTT") and NTT Communications Corporation ("NTT Com") to build the platform and create Japan's data space, which is connected to platforms for safely exchanging data between companies.Note 5 In this study, NTT DATA will collaborate with NTT Com and build the data space by leveraging the know-how of NTT DATA, which has a track record in building and operating large-scale social platforms.Meanwhile, DENSO has been developing traceability technology for safely managing information of individual parts and products on data platforms by utilizing the QR Code, which was developed in-house, and block chain technology, which is used in all industries, and connecting physical "things," including in-vehicle batteries, with "data" on battery life and raw materials accompanying individual parts and products. In this study, DENSO will identify issues in the industry and study business requirements by harnessing its technologies and wealth of know-how in the automotive industry with a view to utilizing traceability technology in various industries in the future.3. Future visionNTT DATA and DENSO aim to commercialize the service by the end of FY2023 in anticipation of the batteries regulation in Europe, which will partially come into force in 2024. In line with this study, the two companies will also start to examine the establishment of a new organization for operating the data space.NTT DATA and DENSO will also establish a structure and system in Japan and deploy them in Asian countries where Japanese cars are widely used, with the aim of creating a platform which will be widely used both in Japan and overseas in the future.(1) NTT DATA and DENSO applied for the following subsidy program of METI (secretariat of the subsidy program: Green Investment Promotion Organization, a general incorporated association), and their proposal was accepted."Project Expense Subsidies for Demonstration and Support to Cope with CASE, Including Autonomous Driving, in FY2022 (Project to Promote Creation of a Healthy Product Ecosystem and Establishment of Rules)" (carbon footprint and reuse/recycling as well as creation of a global trusted dataspaces)www.meti.go.jp/information/publicoffer/saitaku/2022/s220920001.html (in Japanese)www.teitanso.or.jp/case/ (in Japanese)(2) Gaia-X is an initiative announced by the German and French governments in October 2019 to support data sharing via infrastructure that ensures data protection, transparency, reliability, and interoperability to protect the rights of European companies, governments, institutions and citizens.(3) Catena-X is a data ecosystem operated by German automakers and suppliers for the secure distribution of parts information and other data among related companies.(4) A data space is managed based on a single policy.(5) Regarding past efforts, refer to the following press releases.*NTT Com Demonstration Test to Link GAIA-X Platform's "IDS Connector" Technology and SDPF based on Data Trust (September 2020)www.ntt.com/en/about-us/press-releases/news/article/2020/0928.html*NTT Com's Prototype Platform Securely Shares CO2 Emissions-related Data from Switzerland to Sites in Germany and Japan (April 2021)www.ntt.com/en/about-us/press-releases/news/article/2021/0408.html*NTT Com Starts Interconnection Trials Using Platform Connecting Gaia-X (European Secure Data-sharing Platform for Supply Chain Companies) with Systems of Domestic and Overseas Companies/Organizations (October 2021)www.ntt.com/en/about-us/press-releases/news/article/2021/1014.html*NTT Com and NTT DATA to Develop Data-sharing Eco-system that Interconnects with Europe's Catena-X Platform to Protect Data Sovereignty (May 2022)https://group.ntt/en/newsrelease/2022/05/26/220526b.html*NTT DATA Publishes White Paper on the Architectural Concept for Its Global Trusted Dataspaces (June 2022) bit.ly/3rRhQsh(6) iQuattro is a business collaboration & IoT platform offered by NTT DATA. https://iquattro.nttdata.com/ (in Japanese)*The names of products, companies, and organizations in this release are trademarks or registered trademarks of respective companies.About NTT DATANTT DATA - a part of NTT Group - is a trusted global innovator of IT and business services headquartered in Tokyo. We help clients transform through consulting, industry solutions, business process services, IT modernization and managed services. NTT DATA enables clients, as well as society, to move confidently into the digital future. We are committed to our clients' long-term success and combine global reach with local client attention to serve them in over 50 countries. Visit us at nttdata.com.About DENSODENSO is a $45.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 198 facilities to produce electrification system, powertrain system, thermal system, mobility electronics, & advanced devices, to create jobs that directly change how the world moves. The company's 167,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2022. For more information about global DENSO, visit www.denso.com/global/en/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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DENSO Announces Q1 2022 Results, Details Efforts Advancing its Pursuit of Sustainability and Safety

KARIYA, JAPAN, Jul 29, 2022 - (JCN Newswire via SEAPRWire.com) - DENSO, a leading mobility supplier, today announced global financial results for the first quarter of its fiscal year, ending March 31, 2023. DENSO's efforts and updates continue to be driven by its Two Great Causes: Green - achieving carbon neutrality by 2035 - and Peace of Mind - creating a safe and seamless world for all.As the automotive industry continues to undergo massive change in areas like electrification, autonomous driving and connectivity, as well as face economic challenges, DENSO remains committed to innovations, partnerships, and strategies that will shape the future of mobility while pursuing its Two Great Causes. Activities in Q1 that supported DENSO's causes include:- Co-developing with aerospace leader Honeywell an electric motor for Lilium's all-electric jet. This is the first product developed by Honeywell and DENSO since their alliance, and it marks DENSO's entry into the aerospace market.- Participating in solar projects with the City of Maryville Electric Department, the Tennessee Valley Authority, and Silicon Ranch Corporation that will help power operations at DENSO's Maryville, Tennessee, facility.- Formulating its semiconductor strategy for the procurement and development of semiconductors, which are crucial for new and advanced mobility technologies.- Starting research on hydrogen engine applications in heavy-duty commercial vehicles with Toyota Motor Company, Isuzu Motors limited, Hino Motors, Ltd., and Commercial Japan Partnership Technologies Corporation (CJPT). The project aims to improve the efficiency of internal combustion engines, a key component in helping achieve carbon neutrality while still meeting the transportation needs of different regions around the world.- Co-developing with AISIN and BluE Nexus a one-motor hybrid transmission for Toyota Crown. DENSO is in charge of inverter and contribute to the downsizing and thinning of the product by adopting a single-sided cooled power module and mounting it directly above the transmission.Articles DENSO released that showcase its activities included:- Developing integrated electronic control units (ECUs) in-house to support the rapid advancement of new mobility solutions like driver assistance functions, cloud-connected services, and other sophisticated safety features.- Strengthening its software development capabilities and supporting career development for its talented software engineers to accelerate its efforts around sustainability and safety. DENSO's Two Great Causes will continue to serve as the foundation of its corporate activities moving forward.About DENSO  DENSO is a $45.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 198 facilities to produce electrification system, powertrain system, thermal system, mobility electronics, & advanced devices, to create jobs that directly change how the world moves. The company's 167,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2022. For more information about global DENSO, visit https://www.denso.com/global/en/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Isuzu, DENSO, Toyota, Hino, and CJPT to Start Planning and Foundational Research on Hydrogen Engines for Heavy-Duty Commercial Vehicles

TOKYO, Jul 8, 2022 - (JCN Newswire via SEAPRWire.com) - Isuzu Motors Limited (Isuzu), DENSO Corporation (DENSO), Toyota Motor Corporation (Toyota), Hino Motors, Ltd. (Hino), and Commercial Japan Partnership Technologies Corporation (CJPT) announced today that they have started planning and foundational research on hydrogen engines for heavy-duty commercial vehicles with the aim of further utilizing internal combustion engines as one option to achieve carbon neutrality.On the road to carbon neutrality, there are various powertrain options to meet customers' demands, including HEVs, BEVs, and FCEVs, in accordance with the differences in energy conditions in different countries and diversified customer uses. Hydrogen engines are one such option. The hydrogen-powered Corolla(1) has participated in the Super Taikyu Series(2) since May 2021, and hydrogen engine technology is evolving. In addition, efforts toward achieving a hydrogen society are further accelerating, such as the increase in the number of partners in producing, transporting, and using hydrogen.CO2 reduction in transportation and logistics by heavy-duty commercial vehicles, an important piece of infrastructure that supports people's lives, is a social issue that needs to be addressed together with partners who share a common vision toward achieving a carbon neutral society. Isuzu, DENSO, Toyota, Hino, and CJPT believe that hydrogen engines are one solution to this issue, and will utilize the technologies and know-how each company has accumulated to study the potential of hydrogen engines in heavy-duty commercial vehicles.The five companies will contribute to creating an even-better society by expanding the options available for achieving carbon neutrality.(1) ORC ROOKIE GR Corolla H2 Concept(2) "Super Taikyu Series 2021 Powered by Hankook," "ENEOS Super Taikyu Series 2022 Powered by Hankook" Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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DENSO, Honeywell Co-Develop E-Motor for Lilium’s All-Electric Jet

Kariya, Japan, and Phoenix, May 25, 2022 - (JCN Newswire via SEAPRWire.com) - DENSO Corporation, a leading mobility supplier, and Honeywell, an aerospace leader, are co-developing an electric motor (e-motor) for the Lilium Jet. This is the first product developed by Honeywell and DENSO since formalizing their alliance, and it marks DENSO's entry into the aerospace market. The two companies will work with Lilium, developer of the first all-electric vertical take-off and landing ("eVTOL") jet, to integrate the e-motor into Lilium's aircraft engines.Electric aircraft are not only quiet and comfortable, but are also more sustainable as they do not emit CO2. As mobility becomes increasingly diversified, air mobility offers potential solutions to prominent transportation issues, such as traffic congestion in urban centers, CO2 emissions and transportation access in less populated areas.Established in 2015, Lilium is creating a sustainable and accessible mode of high-speed, regional transportation for people and goods. Lilium has designed, built and tested technology demonstrators and invited the world to watch as they pioneer the next phase of flight. .The e-motor for the Lilium Jet consists of a rotor and stator, weighing approximately 4 kg and having an output of 100 kW. The rotor and stator are uniquely designed to meet the small size and low weight necessary to achieve Lilium's performance goals. This proprietary, high-performance system, on which the Lilium, Honeywell and DENSO teams have already been working for nearly two years, brings exceptional performance and reliability with zero operating emissions typically associated with commercial jet engines.DENSO and Honeywell began joint research in 2019 and signed an alliance agreement in early 2021 to design, develop, produce and sell electric propulsion system products for electric and hybrid-electric aircraft. Stephane Fymat, vice president and general manager of Urban Air Mobility, Honeywell Aerospace said: "Honeywell has been at the forefront of innovation in aviation for a century, and we are proud to closely collaborate with DENSO and help usher in the age of electric flight. Lilium's innovation, combined with our experience in aerospace, will help to bring about cleaner, more sustainable ways for people to travel for centuries to come."Jiro Ebihara, Senior Executive officer and head of the Electrification Systems Business Group at DENSO, said: "We're honored to help electrify air travel with Honeywell and Lilium. The e-motor co-development solidifies DENSO's successful entry into the aerospace industry, giving us the opportunity to increase vehicle electrification not only on land, but also in the sky. This supports our efforts to create a more efficient and sustainable future."Yves Yemsi, Chief Operating Officer of Lilium said: "Lilium's Procurement strategy is to engage with the technology providers with the most suitable expertise. We are already making great progress with Honeywell on its Honeywell Anthem integrated flight deck and flight control computers, and we are delighted to deepen our relationship by also partnering with Honeywell and DENSO on our e-motor. The collaboration with these two powerhouses takes us further along the path to revolutionizing regional air mobility."This work furthers both Honeywell's and DENSO's strategies. It advances DENSO's Two Great Causes: Green - achieving carbon neutrality by 2035 - and Peace of Mind - contributing to a safer and more seamless world for all. For Honeywell, it expands the company's wide range of ready-now technologies that are helping customers improve sustainability and deliver operational efficiencies.About DENSODENSO is a $45.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 198 facilities to produce electrification system, powertrain system, thermal system, mobility electronics, & advanced devices, to create jobs that directly change how the world moves. The company's 167,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2022. For more information about global DENSO, visit https://www.denso.com/global/en/.About HoneywellHoneywell Aerospace products and services are found on virtually every commercial, defense and space aircraft. The Aerospace business unit builds aircraft engines, cockpit and cabin electronics, wireless connectivity systems, mechanical components and more. Its hardware and software solutions create more fuel-efficient aircraft, more direct and on-time flights and safer skies and airports. For more information, visit www.honeywell.com or follow us at @Honeywell_Aero.Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help everything from aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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DENSO and USJC Collaborate on Automotive Power Semiconductors

Kariya, Kuwana, Japan/Hsinchu, Taiwan, Apr 26, 2022 - (JCN Newswire via SEAPRWire.com) - DENSO Corporation, a leading mobility supplier, and United Semiconductor Japan Co., Ltd. ("USJC"), a subsidiary of global semiconductor foundry United Microelectronics Corporation (NYSE: UMC; TWSE: 2303)("UMC"), today announced that the companies have agreed to collaborate on the production of power semiconductors at USJC's 300mm fab in order to serve the growing demand in the automotive market. An insulated gate bipolar transistor (IGBT) line will be installed at USJC's wafer fab, which will be the first in Japan to produce IGBTs on 300mm wafers. DENSO will contribute its system-oriented IGBT device and process technologies while USJC will provide its 300mm wafer manufacturing capabilities to bring 300mm IGBT process into mass production, scheduled to start in the first half of 2023. This collaboration is supported by the renovation and decarbonization program for indispensable semiconductors of Japan's Ministry of Economy, Trade and Industry. As the development and adoption of electric cars accelerate amid a global effort to reduce carbon emissions, the demand for semiconductors required in the electrification of vehicles is also rapidly increasing. IGBTs are core devices in power cards, serving as efficient power switches in inverters to convert DC and AC currents in order to drive and control electric vehicle motors. "DENSO is very glad to be the member of first companies in Japan to start mass production of IGBTs on 300 mm wafers," said Koji Arima, President of DENSO. "Semiconductors are becoming increasingly important in the automotive industry as mobility technologies evolve, including automated driving and electrification. Through this collaboration, we contribute to the stable supply of power semiconductors and electrification of automobiles.""As a key foundry player in Japan, USJC is committed to supporting the government's strategy to boost domestic semiconductor production and the transition to more environmentally friendly electric vehicles," said Michiari Kawano, President of USJC. "We are confident that our foundry services certified by automotive customers combined with DENSO's expertise will produce high quality products to power the automotive trends of tomorrow.""We are pleased to have this win-win collaboration with a leading company such as DENSO. This is an important project for UMC and will expand our relevance and influence in the automotive segment," said Jason Wang, Co-President of UMC. "With our robust portfolio of advanced specialty technologies and IATF 16949 certified fabs in diversified locations, UMC is well placed to serve demand across auto applications, including advanced driver assistance systems, infotainment, connectivity, and powertrain. We look forward to capitalizing on more cooperation opportunities going forward with top players in the automotive space."About DENSODENSO is a $44.6 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 200 facilities to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company's 168,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 10.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2021. For more information about global DENSO, visit https://www.denso.com/globalAbout UMCUMC (NYSE: UMC, TWSE: 2303) is a leading global semiconductor foundry company. The company provides high quality IC fabrication services, focusing on logic and various specialty technologies to serve all major sectors of the electronics industry. UMC's comprehensive IC processing technologies and manufacturing solutions include Logic/Mixed-Signal, embedded High-Voltage, embedded Non-Volatile-Memory, RFSOI and BCD etc. Most of UMC's 12-in & 8-in fabs with its core R&D are located in Taiwan, with additional ones throughout Asia. UMC has total 12 fabs in production with combined capacity over 800,000 wafers per month (8-in equivalent), and all of them are certified with IATF 16949 automotive quality standard. UMC is headquartered in Hsinchu, Taiwan, plus local offices in United States, Europe, China, Japan, Korea & Singapore, with worldwide total 20,000 employees. For more information, please visit: https://www.umc.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Marubeni, OPExPARK, Beyond Next Ventures and DENSO Collaborate to Promote DX in the Healthcare Industry

TOKYO, Apr 1, 2022 - (JCN Newswire via SEAPRWire.com) - Marubeni Corporation ("Marubeni"), OPExPARK Inc. ("OPExPARK"), Beyond Next Ventures Inc. ("BNV") and DENSO CORPORATION ("DENSO") have agreed for Marubeni to invest with BNV andin OPExPARK to support the digital transformation ("DX") of operating rooms and a surgical education platform business for doctors ("this project"). OPExPARK was jointly established by DENSO and BNV.From left, BNV Executive Officer Katsuya Hashizume, OPExPARK President and CEO Yasunori Honda, Marubeni Executive Officer Chief Operating Officer of the ICT & Real Estate Business Div. Tatsuya Abe, and DENSO Manager Hideki OkudaIn recent years, the need for DX has been rapidly increasing in the healthcare industry, as represented by the development of new medical services such as telemedicine and online medication guidance, and the utilization of medical data. In addition, with the decrease in the number of surgeries and restrictions on movement, delivering surgical education has been challenging, with young doctors having fewer opportunities to learn techniques from operations that senior doctors perform. Therefore, there is a growing expectation for an educational platform that allows doctors to learn surgical techniques online.OPExPARK was established in 2019 with the support of BNV, utilizing the information integration platform "OPeLiNK" developed by DENSO with the support of the Japan Agency for Medical Research and Development. OPeLiNK is an information integration platform that constantly provides data gathered from each piece of equipment in the operating room, which is conventionally handled individually, with data in a consistent format so that it can be used by any device. By extracting and delivering accumulated equipment and biological data, information important to the decision-making of the surgeon can be visualized, and advanced tacit knowledge that was difficult to learn outside the operating room can be shared. OPExPARK promotes DX of surgical education through the delivery of educational contents that enables anyone to learn cutting-edge surgery anytime, anywhere. In addition, OPExPARK contributes to the improvement of the quality of medical care in Japan and overseas by transmitting surgical videos and data acquired by OPELiNK in real time and by providing advice on diagnosis and surgery from remote locations.Marubeni has strengthened and expanded its IT consulting services business and cloud integration business to support and promote DX for customers and partners. By investing in this project and utilizing its cultivated know-how of DX support and promotion, support for IT fields (including the cloud), and cooperation with other businesses, Marubeni will contribute to the expansion of OPExPARK's services from DX in operating rooms and surgical education to DX in hospitals. By acquiring knowledge, networks, and business know-how in the healthcare industry through participation in this project, Marubeni aims to expand business in the digital health industry by promoting DX and developing new services in the field of drug discovery and clinical trial support in the future.Since 2018, BNV has been involved in the establishment of OPExPARK (with carve-out support from DENSO) and support for its business growth. In establishing the company, BNV developed initial business strategies, business plans, and support for management team organization through "BRAVE", an acceleration program provided by BNV. After the company's establishment, BNV has been involved in continuous investment, recruitment, business development, and business growth support.From 2014 to 2019, DENSO developed OPeLiNK and has been developing businesses that raise the medical level in emerging countries by utilizing the surgical information acquired through OPeLiNK. Even after OPExPARK's founding, DENSO has continued to acquire know-how in the digital twin business, support OPExPARK through joint research, and dispatch both technical and sales employees to the company.Through this agreement and this project, Marubeni, OPExPARK, BNV, and DENSO will promote DX in the healthcare industry and contribute to the improvement of medical quality.For more information, visit https://www.denso.com/global/en/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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DENSO to Take Minority Stake in JASM

KARIYA, JAPAN, Feb 15, 2022 - (JCN Newswire via SEAPRWire.com) - TSMC (TWSE: 2330, NYSE: TSM), Sony Semiconductor Solutions Corporation ("SSS") and DENSO Corporation ("DENSO") today announced that DENSO will take a minority stake in Japan Advanced Semiconductor Manufacturing, Inc. ("JASM"), TSMC's majority-owned manufacturing subsidiary in Kumamoto Prefecture, Japan with a US$0.35 billion investment. With this equity investment, DENSO will hold a more than 10% equity stake in JASM. Construction of JASM's fab in Japan is scheduled to begin in the 2022 calendar year with production targeted to begin by the end of 2024. To support market demand, TSMC will also enhance JASM's capabilities with 12/16 nanometer FinFET process technology in addition to the previously announced 22/28 nanometer process and increase monthly production capacity to 55,000 12-inch wafers. With the additional capacity, the total capital expenditure for JASM's Kumamoto fab is estimated to be approximately US$8.6 billion with strong support from the Japanese government. The fab is expected to directly create about 1,700 high-tech professional jobs.The closing of the transaction between JASM and DENSO is subject to customary closing conditions."TSMC is very glad to welcome DENSO's participation in JASM to enable fresh innovations in the future of transportation together," said Dr. CC Wei, Chief Executive Officer of TSMC. "JASM is not only an opportunity for TSMC to support growing market demand for specialty technologies, it enables us to leverage Japan's top-notch semiconductor talent and contribute to the growth of the global semiconductor ecosystem.""While the global demand for semiconductors is expected to grow, we expect JASM to contribute to securing a stable supply of logic wafers, not only for us but also the overall industry," said Terushi Shimizu, President and CEO of Sony Semiconductor Solutions Corporation. "We are very pleased to have DENSO as a new member, and we look forward to working with them to support the launch of JASM.""Semiconductors are becoming increasingly important in the automotive industry as mobility technologies evolve, including automated driving and electrification," said Koji Arima, President and CEO of DENSO Corporation. "Through this partnership, we contribute to the stable supply of semiconductors over the medium to long term and thus to the automotive industry."About TSMCTSMC pioneered the pure-play foundry business model when it was founded in 1987, and has been the world's leading dedicated semiconductor foundry ever since. The Company supports a thriving ecosystem of global customers and partners with the industry's leading process technologies and portfolio of design enablement solutions to unleash innovation for the global semiconductor industry. With global operations spanning Asia, Europe, and North America, TSMC serves as a committed corporate citizen around the world.TSMC deployed 291 distinct process technologies, and manufactured 12,302 products for 535 customers in 2021 by providing broadest range of advanced, specialty and advanced packaging technology services. TSMC is the first foundry to provide 5-nanometer production capabilities, the most advanced semiconductor process technology available in the world. The Company is headquartered in Hsinchu, Taiwan. For more information please visit https://www.tsmc.com.About Sony Semiconductor SolutionsSony Semiconductor Solutions Corporation is a wholly owned subsidiary of Sony Group Corporation and the global leader in image sensors. Our semiconductor business also includes a variety of other parts including microdisplays, LSIs, and laser diodes. We strive to provide advanced imaging technologies that bring greater convenience and fun to people's lives. In addition, we also work to develop and bring to market new kinds of sensing technologies with the aim of offering various solutions that will take the visual and recognition capabilities of both human and machines to greater heights. For more information, please visit https://www.sony-semicon.co.jp/e/.About DENSODENSO is a $44.6 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 200 facilities to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company's 168,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 10.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2021. For more information about global DENSO, visit https://www.denso.com/global. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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DENSO and Aisan Reach Agreement on Transfer of Fuel Pump Module Business

KARIYA, JAPAN, Jan 17, 2022 - (JCN Newswire via SEAPRWire.com) - Leading mobility supplier DENSO, and powertrain supplier Aisan today announced their respective Board of Directors have agreed upon and signed an agreement to transfer DENSO's fuel pump module* business to Aisan. In addition, the Board agreed to allow Aisan to acquire DENSO's equity stake in KYOSAN DENSO MANUFACTURING KENTUCKY, LLC (KDMK), located in Mt. Sterling, KY. The transfer is estimated to be on August 1, 2022. The two companies previously announced that they reached a basic agreement on May 20, 2019, to begin studying the possibility of strengthening their competitiveness in powertrain and future growth areas. As a result of the study, the companies agreed that DENSO will transfer its entire business of developing, producing, and selling fuel pump modules to Aisan, and Aisan will acquire DENSO's equity stake in KDMK. Additionally, the companies determined that DENSO will not increase its ownership stake in Aisan.Mutually Beneficial Agreement:The mutually beneficial agreement will allow DENSO to focus on its Two Great Causes: Green and Peace of Mind, under which it will work to achieve carbon neutrality, zero traffic accidents and safe and seamless society. While, Aisan will work to improve its product capabilities by combining both Aisan and DENSO's technology and knowhow, as well as maximizing resources to improve production efficiency and achieve low-cost manufacturing.The two companies will continue to collaborate and utilize each other's strengths and contribute to the realization of a sustainable mobility society.This business transfer is subject to approval from the antitrust authorities in the relevant countries and regions.* Fuel pump moduleAn assembly that delivers fuel from the fuel tank to the engineOverview of business transfer:Business to be transferred - Fuel pump moduleAgreement date - January 17, 2022Date of the transfer - August 1, 2022 (planned)About DENSODENSO is a $44.6 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 200 facilities to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company's 168,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 10.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2021. For more information about global DENSO, visit https://www.denso.com/global. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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DENSO Releases Financials for First Half of Fiscal Year, Shares Long-Term Policy 2030 Progress

KARIYA, JAPAN, Oct 29, 2021 - (JCN Newswire via SEAPRWire.com) - DENSO, a leading mobility supplier, today released its financial results for the first half of its fiscal year, ending September 30, 2021, for its 2022 fiscal year, ending March 31, 2022. The company also shared updates it has made in advancing its Long-Term Policy 2030, which is designed to enrich mobility and achieve sustainability, happiness and peace of mind for everyone."We need to respond to the needs of society with speed and further innovate our business activities," said Yasushi Matsui, a senior executive officer and chief financial officer at DENSO Corporation. "This is a task that we cannot do on our own, and it is necessary that we collaborate with our various stakeholders such as customers, suppliers, local communities, shareholders and employees."DENSO keeps moving forward toward its goals of zero traffic accidents and carbon neutrality across its global network of 200 facilities and 168,000+ employees.New updates and recent progress include:DENSO partnered with three universities to develop a biosensor that detects SARS-CoV-2 based on a new mechanism. The goal of the development of the biosensor is to determine the infectivity of SARS-CoV-2 and offer novel tests which have virus detection sensitivity equivalent to that of PCR tests and which is as simple as antigen tests. The group will enhance the basic technology and accelerate the development toward practical application.DENSO joined the Japan Automotive Model-Based Engineering center (JAMBE) along with five Japanese automakers and four parts manufacturers. By working with others to leverage model distribution efficiencies, DENSO will be able to accelerate and improve research and development. This will help the company deliver advanced technologies to customers faster.As part of its efforts to be Green - carbon neutrality by 2035 - DENSO issued its first-ever sustainability bonds to further promote sustainability management. The funds obtained by issuing the sustainability bonds will be used for various investments in electrification, advanced safety, and automated driving.DENSO released its findings on how artificial intelligence, robotics and simulated environments will make impacts in key areas of mobility and broader society. The studies encompass and address labor challenges in the agricultural industry, automotive air conditioning systems as well as advanced safety and automated driving systems. Current and new collaborative partners will be important to helping DENSO make further progress in these areas.To address paradigm shifts in mobility and society, DENSO committed to continuous reform. For example, the company reorganized its North America Engineering and R&D divisions to better meet customers' evolving needs and advance efforts to power society's shift to green, safe and seamless mobility. The move demonstrated the supplier's ongoing pursuit of its Two Great Causes - Green and Peace of Mind.DENSO continues to prioritize creating products, technologies and services that improve safety and preserve the environment in the automotive space and elsewhere.About DENSODENSO is a $44.6 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 200 facilities to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company's 168,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 10.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2021. For more information about global DENSO, https://www.denso.com/global. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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DENSO Provides First Quarter Results and Progress Updates in Key Focus

KARIYA, JAPAN, Jul 30, 2021 - (JCN Newswire via SEAPRWire.com) - DENSO, a leading mobility supplier, today announced its global financial results for the first quarter of its 2022 fiscal year, which begins April 1, 2021, and ends March 31, 2022. The company also shared updates and actions it has taken in the key areas of Green - acting environmentally friendly - and Peace of Mind - creating a safe and seamless world for all.In the first quarter, DENSO hosted Dialog Day, an event that highlighted how the company intends to achieve carbon neutrality, eliminate accidents and create new business. As DENSO progresses in these areas, it will help the company achieve its Long-term Policy 2030 to enrich mobility that achieves sustainability, happiness and peace of mind for everyone."We are focused on sustainable management, solving social issues and accelerating business growth," said Yasushi Matsui, a senior executive officer and chief financial officer at DENSO Corporation. "These priorities will propel our ongoing development of technologies that are Green and foster Peace of Mind. Both areas are essential to our pursuit of clean and safe mobility and reaching carbon neutrality."DENSO's targets for 2025 are sales of one trillion yen in electrification, sales of 500 billion yen in the ADAS, a return on equity (ROE) of over 10% and an operating income margin of 10%."New updates and recent progress include:GreenIncreased focus on electrification with DENSO's expanded alliance with aerospace leader Honeywell. The collaboration will enable the development, testing and flying of electric propulsion systems for the urban air mobility segment and supports DENSO's sustainability focus, which includes striving for carbon neutrality by 2035.Advancements in energy management, including improvements in battery technology that will change the future of electric vehicles and are necessary to protect the environment.Peace of MindResearch and testing on vehicle and people flow data in collaboration with NTT Data. The joint test was done to provide safer, more efficient and more enjoyable mobility experiences and services for all.Designed comfortable, clean and fresh spaces for mobility centered around the user experience. DENSO believes vehicles should function like living spaces, with individual temperate and humidity settings and a variety of other services. In fiscal year 2021, DENSO and its 168,000+ employees remain focused on creating products, technologies and services both in the automotive space and beyond that improve lives, eliminate traffic accidents, and preserve the environment.About DENSODENSO is a $44.6 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 200 facilities to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company's 168,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 10.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2021. For more information about global DENSO, visit https://www.denso.com/global. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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DENSO Launches New Media Website “The COREs”

TOKYO, Jul 5, 2021 - (JCN Newswire via SEAPRWire.com) - On July 2, 2021, DENSO CORPORATION launched its new online media website "The COREs".As CASE (connected, autonomous, shared and electric) technologies spread and advance in today's world, automobiles are undergoing a transformation into a more complex, larger-scale combined system. Furthermore, cars are becoming interconnected with the rest of society, raising their contribution to the mobility-centered society as a whole.Through the new media website "The COREs", DENSO aims to communicate with this emerging mobility-centered society, providing information on its technologies, software solutions, and the working styles of the many engineers behind DENSO's operations.DENSO is using this online media to convey its "COREs" to as many people as possible, thus transforming ideas into tangible reality while also setting new standards."The COREs": https://thecores.denso.com/en/.For more information, visit https://www.denso.com/global/en/news/newsroom/2021/20210705-g01/. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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DENSO and NTT DATA Complete Verification Test Using Vehicle and People Flow Data to Innovate the Mobility Experience

KARIYA and TOKYO, Jun 8, 2021 - (ACN Newswire via SEAPRWire.com) - DENSO and NTT DATA today announced that they have completed a joint verification test to improve mobility experiences using data on vehicle and people flows.In the test, which spanned June 2020 to March 2021, DENSO and NTT DATA gathered participants' "vehicle flow data," or their movements by car, through in-vehicle devices and -people flow data" through their smartphone GPS and beacon detection logs.(1) Together, these data offered insights on participants' driving characteristics and the types of driving scenarios they encountered.The test was conducted to provide better mobility experiences and services, and to help businesses attract potential customers amid changing consumer behaviors. To do this, the test analyzed the participants' driving behaviors and their driving status and behavior, and then recommended stores they might be interested in using their vehicle flow data and people flow data. The test showed that the drivers' behavior were affected by recommendation based on those flow data analysis.Based on the results, DENSO and NTT DATA will consider commercializing the joint service, and verify the business model together with mobility businesses (automakers, car-sharing companies, car rental companies, etc.) and service providers (retailers, tour agents, commercial complexes, etc.).BackgroundWhen going out, many people not only want to enjoy activities at their destination such as shopping, they also want to enjoy the trip and experiences along the way. If, for example, they want to reserve a restaurant, however, first they have to search the Internet for necessary information, and make a reservation through dedicated apps, which makes the experience inconsistent. As technologies such as connected vehicles, next-generation cockpits and automated driving evolve, the amount of information people can access from their cars will increase. Providing a seamless mobile experience for people both inside and outside of the ehicle may provide consumers with value and improve their trips.DENSO is planning and developing next-generation cockpit platforms and connected vehicle system platforms, to build a new mobility society that connects vehicles, people, and things.Since June 2020, in collaboration with unerry Inc., which operates the "Real Behavior Data Platform," NTT DATA has been developing "Mobility Commerce Service(2)," which provides users with a new travel experience to enjoy trips en route to their destination. The verification test used unerry's people flow data(3) and algorithms, which are part of the above service.DENSO and NTT DATA found advantages in working together to provide services that connect people's trips using mobility systems and their destinations. The two companies therefore conducted a verification test to innovate the mobility experience based on vehicle and people flow data.Concept of the serviceIt understands preference for how people move based on data gathered from in-vehicle devices and their smartphones, and analyzes the characteristics of their driving and movement, in order to provide timely and personalized content and recommendations to improve travel experiences and deliver better services when traveling with or without a car. The service is also intended to offer new values to service providers, such as helping them attract potential customers amid changing behaviors.(1) This verification test is being conducted with the consent from the monitors to obtain and use their personal information for the purpose of this verification test.(2) News release issued on June 18, 2020. "NTT DATA and unerry Forms Capital and Business Alliance to Provide "New Travel Experience"https://www.nttdata.com/jp/ja/news/release/2020/061801/(3) Uses unerry's Beacon Bank, the offline behavior data platform. (unerry has formed a capital and business alliance with NTT DATA)For more information, visit https://www.denso.com/global/en/news/newsroom/2021/20210608-g01/. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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DENSO Shares Company Direction Updates at Annual Dialog Day

YOKOHAMA, Japan, May 28, 2021 - (JCN Newswire via SEAPRWire.com) - DENSO, a leading mobility supplier, hosted its annual Dialog Day, where it shared how the company is achieving its Long-term Policy 2030. At this year's event, which was attended by more than 200 reporters, analysts, and investors, DENSO highlighted how the concepts of "Green" and "Peace of Mind" are guiding technology development, and shared updates on its software focus and financial targets."In our fiscal year 2021, DENSO will innovate in manufacturing, mobility and society domains to contribute to a safer, more sustainable society that brings new choices and value that will be useful to as many customers as possible," said Koji Arima, President and CEO of DENSO Corporation. "In this effort, we'll continue to develop technologies, achieve carbon neutrality, eliminate accidents and create new business to make people and society happy."Going Green DENSO has always been committed to sustainability. As part of that commitment, DENSO is accelerating its efforts to achieve carbon neutrality by 2035. DENSO is making strides in three key areas:Monozukuri: Reducing factory CO2 emissions to zero- DENSO will accelerate the use of renewable energy; the implementation of thorough energy conservation activities; the adoption of low-carbon materials, equipment and production processes; and the introduction of Factory IoT. By end of March 2022, Anjo Plant will be carbon neutral ahead of 200 facilities in the world.Mobility Products: Creating cleaner, greener mobility- DENSO will prioritize energy management technology centered on drive and thermal systems, promoting technological development in many sustainable areas, from BEVs, HEVs, PHEVs and FCEVs, to urban air mobility, e-Fuel and contact-less power supply. DENSO aims to achieve sales of one trillion yen in electrification by 2025.Utilization of energy: Collecting and reusing CO2- DENSO will work to develop technologies that recycle and repurpose CO2. This includes solutions that store three types of energy: battery, hydrogen and fuel, as well as new technologies such as artificial photosynthesis. DENSO looks to achieve sales of 300 billion yen in these areas by 2035. The company launched its first CO2 circulation plant at its Anjo Electrification Innovation Center this yearBringing Peace of Mind to Everyone On and Off the RoadTo bring "Peace" to society, we are working in three areas:Zero traffic accidents: Freer, safer movementDENSO will accelerate the development of in-vehicle sensors that cover the entire circumference of the vehicle and work on the development of advanced driving technology that help prevent accidents. DENSO will also accelerate sales expansion of core and aftermarket products and aim to achieve sales of 500 billion yen in the ADAS field in 2025.Comfortable Space: Comfort for peace of mindDENSO will develop technology to remove viruses from the air and visualize harmful substances. It controls the four environments of temperature, sound, air, and visibility, and creates a space for peace of mind. By 2025, DENSO will provide such products to be mounted in vehicles and public spaces.Support for People: Building a Society that Expands People's PotentialDENSO will apply its expertise beyond automotive, striving for sales of 300 billion yen in the 3 fields of agriculture, logistics, and factory automation by 2030.Strengthening Software CapabilitiesThe role of software in mobility is expanding - from helping achieve zero CO2 emissions to eliminating traffic accidents and optimizing connectivity. To provide value to customers and continue to attract top talent, DENSO will participate in industry groups standardizing software's application in mobility to focus on. It will also establish the Electronic PF/Software Management Department on June 1, 2021, as well as accelerate the reassignment of 1,000 employees to software development and 2,000 employees to new growth areas, like CASE products. Together, these activities will help the company quickly deliver leading-edge in-vehicle software to customers.Incorporating Sustainability into Financial Management StrategiesDENSO is implementing management changes that will help solve social issues and accelerate business growth. It will do this by:- Expanding production and sales of CASE products and new mobility technologies.Reducing fixed costs.- Targeting a research and development expenditure of 450 billion yen and a capital expenditure of 350 billion.These will help DENSO reach the following targets:- A return on equity (ROE) of over 10% by 2025.- An operating income margin of 10% in 2025.- A direct operating expense (DOE) of at least 3.0%.Please see presentation slides from below link.https://www.denso.com/global/en/about-us/investors/business-briefing/ About DENSODENSO is a $44.6 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 200 facilities to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company's 168,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 10.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2021. For more information about global DENSO, visit https://www.denso.com/global. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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DENSO Transfers Its Aftermarket and Non-automotive Business to DENSO Solution

KARIYA, JAPAN, Apr 7, 2021 - (JCN Newswire via SEAPRWire.com) - DENSO Corporation today announced that on July 1, 2021, it will transfer its aftermarket and non-automotive products organization to DENSO Solution Japan Corporation, which at the same time will be renamed DENSO Solution Corporation. The transfer will include product planning, development and aftersales service functions undertaken by DENSO's Automotive & Life Solutions Division and Customer Service Engineering Division. Overall, the move aims to strengthen DENSO's structure and foster seamless operations encompassing product planning, technology development, design, sales, quality assurance and aftersales. This will enable the new organization, DENSO Solution, to increase its responsiveness and speed and offer added value beyond expectations to solve various problems faced by customers.In addition, DENSO Solutions will become the global headquarters for DENSO's aftermarket operations. As part of this, DENSO will make efforts to improve its ability to quickly propose solutions that meet local needs, both in the Japanese and overseas markets. Such a focus will create synergies in DENSO's global operations by sharing the solution model across regions and among group companies, ultimately helping to expand business.In the future, DENSO Solution will utilize its integrated system in the aftermarket business to respond to the detailed needs of customers, and will accelerate and strengthen the provision of solutions in a society where cars, cities and people are seamlessly connected. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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DENSO, KDDI Research 5G’s use in Automated Driving to Achieve Safe and Secure Mobility

KARIYA, JAPAN, Mar 3, 2021 - (JCN Newswire via SEAPRWire.com) - DENSO Corporation and KDDI Corporation have begun researching 5G's use in automated driving to achieve safe and secure mobility, free from traffic accidents and congestion.In the verification project, DENSO and KDDI will build a 5G environment in a test course at Global R&D Tokyo, Haneda, a research and development center for automated driving operated by DENSO. The two companies will verify driver assistance technologies in automated driving vehicles using high-definition in-vehicle cameras and roadside sensors(1).Overview of the projectIn the verification project, DENSO and KDDI will verify systems for efficiently monitoring the vehicle and the situation around it by using high-definition images from high-definition in-vehicle cameras and roadside sensors based on 5G high-speed, large-capacity communication. The companies will leverage low latency connections, which are achieved through edge computing technology for 5G, including AWS Wavelength(2), to build a system for distributing the ever-changing road situation to automated driving vehicles in real time and to verify the remote driver assistance technology.DENSO and KDDI plan to conduct verification using end-to-end (E2E) network slicing(3). This advanced technology provides unique communication environment preferences, depending on the application and requirements, by virtually partitioning a network. The technology is expected to be used in fields such as automated driving where various types of data must be communicated depending on the priority. The two companies will study various applications.More broadly, the verification project aims to promote the use of 5G in automated driving by combining DENSO's know-how in developing in-vehicle communication technologies and KDDI's expertise in advanced network technologies, helping achieve safe and secure mobility for all customers.(1) Sensors that are installed on the roadside to detect road information, such as oncoming vehicles and pedestrians(2) AWS infrastructure service for seamless access to the cloud(3) To achieve multiple end-to-end communication (i.e., communication from a device to another device through a section comprising a core network and base stations) at the same time by virtually partitioning the 5G network depending on the user's application and requirement, such as quality assurance and low latencyAbout DENSO CorporationDENSO is a $47.6 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its worldwide 200 facilities to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company's 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.9 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2020. For more information about global DENSO, visit https://www.denso.com/global/enAbout KDDI CorporationKDDI is telecommunication service provider in Japan, offering both mobile and fixed-line communications. With its well-established base of over 60 million customers, and through mobile services and shops offering its "au" brand, KDDI is expanding its services into the "Life Design" business, which includes e-commerce, fintech, nationwide electric power utility services, entertainment and education. With a 60-year history, KDDI is now focusing on creating smart infrastructure through IoT technologies and open innovation with partners and start-up companies in diverse industries. KDDI is accelerating the global growth of its telecommunications consumer business, with operations in Myanmar and Mongolia, and in the global ICT business with the "TELEHOUSE" brand. https://global.kddi.com/ Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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DENSO and Yamato Transport Develop D-mobico, Compact Mobile Refrigerator

TOKYO, Feb 25, 2021 - (JCN Newswire) - DENSO Corporation and Yamato Transport Co., Ltd. have co-developed D-mobico,(1) a compact mobile refrigerator. Yamato Transport began using D-mobico in its delivery trucks in February 2021. DENSO will market the product more broadly through DENSO Solution Japan Corporation by summer 2021.As e-commerce grows, there is increasing demand for delivery systems that can move sensitive products, such as food and pharmaceuticals, more securely, at a controlled temperature and with less environmental impact. These characteristics are even more important to organizations transporting small parcels of chilled and frozen products, another rising trend. On the other hand, many delivery vehicles are unrefrigerated and require dry ice to move cold products. A more efficient and sustainable delivery method is needed.One solution to this dilemma is D-mobico, a compact, lightweight and portable refrigerator compatible with a variety of thermal boxes depending on cargo size and amount. Powered by a mobile battery, D-mobico does not require dry ice, nor does it draw energy from the engine, to refrigerate its freight. This helps reduce CO2 emissions and improves the vehicle's fuel efficiency. Such a system also supports the transition to electric delivery vehicles, a key development in creating cleaner transportation.In addition to striving to make mobility greener for all, DENSO aims to achieve carbon-neutral manufacturing by reducing CO2 emissions from its products and plants, and by collecting and reusing CO2 in the atmosphere. Meanwhile, Yamato Transport has been working to reduce the use of dry ice and shift its fleet to electric vehicles in order to reduce the environmental impact across its operations. DENSO and Yamato Transport will continue working together to achieve safe and environmentally friendly delivery of chilled and frozen parcels.(1) "D-mobico" is a trademark of DENSO Corporation. We named it after "DENSO mobile cool," meaning compact mobile refrigerator. Copyright 2021 JCN Newswire. All rights reserved. www.jcnnewswire.com

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DENSO to Transfer Higashi Hiroshima Plant to DENSO Kyushu

KARIYA, JAPAN, Feb 5, 2021 - (JCN Newswire) - DENSO Corporation today announced it will transfer ownership of its Higashi Hiroshima Plant to subsidiary DENSO Kyushu on April 1, 2021. The plant will be renamed DENSO Kyushu Higashi Hiroshima Plant.The DENSO Group has long manufactured compact motors for automotive wiper systems and washer systems at the Higashi Hiroshima Plant. DENSO Kyushu, which has a Kitakyushu Plant and Hiroshima Plant nearby that manufacture thermal system products, diesel fuel injection systems and components, and gasoline fuel injection systems and components. By transferring the Higashi Hiroshima Plant to DENSO Kyushu, The companies will increase collaboration and share resources that strengthen the engineering and overall capabilities of each. The DENSO Kyushu Higashi Hiroshima Plant will manufacture products for customers in West Japan. DENSO and DENSO Kyushu remain committed to manufacturing high-quality products for customers.Profile of the Higashi Hiroshima Plant1. Name: DENSO Higashi Hiroshima Plant2. Location: 2-15-1 Iida, Happonmatsu, Higashihiroshima, Hiroshima, Japan3. Establishment: April 19794. Business description: Manufacture of compact motors for automotive wiper systems, washer systems, etc.Profile of DENSO Kyushu1. Name: DENSO Kyushu Corporation 2. Location: Head office/Kitakyushu Plant : 5-4-1 Honjo, Yahatanishi-ku, Kitakyushu, Fukuoka, Japan; Hiroshima Plant: 2-5-1, Kamisenominami, Aki-ku, Hiroshima, Japan3. President: Yukio Asano4. Establishment: August 20055. Capital: 6.01 billion yen (100% owned by DENSO Corporation)6. Employees: 1,566 (as of the end of May 2020)7. Business description: Manufacture of thermal systems products, diesel fuel injection systems and components, and gasoline fuel injection systems and componentsAbout DENSO CorporationDENSO is a $47.6 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its worldwide 200 facilities to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company's 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.9 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2020. For more information about global DENSO, visit https://www.denso.com/global/en. Copyright 2021 JCN Newswire. All rights reserved. www.jcnnewswire.com

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