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Status by region
554.8 billion yen
35 companies
14,489 employees
Europe
1,049.7 billion yen
58 companies
43,731 employees
Asia
2,664.5 billion yen
61 companies
65,654 employees
Japan
966.5 billion yen
28 companies
19,204 employees
North America
73.8 billion yen
6 companies
3,636 employees
South America/Others
*1 Net sales by location (including sales between regional segments of the DENSO Group)
Revenue*1
Consolidated subsidiaries
Number of employees
* Inquiries are also accepted via e-mail forms on our website.
Capital 187.4 billion yenEmployees 146,714 (+4.9% yoy)Consolidated subsidiaries 188 companies (Japan: 61, North America: 28, Europe: 35,
Asia: 58, South America/Other areas: 6)Affiliates under the equity method 35 companies (Japan: 13, North America: 4, Europe: 4,
Asia: 12, South America/Other areas: 2)Revenue 4,309.8 billion yen (+5.2% yoy)Operating Profit 331.4 billion yen (−10.8% yoy)Capital Expenditure 356.1 billion yen (+9.9% yoy)R&D Expenditure 396.4 billion yen (+7.5% yoy)
(as of March 31, 2015)
* Figures are based on IFRS.
Corporate profile
The DENSO Group operates in 38 countries and regions with 220 group companies, and supplies an extensive range of core components and system products to major automakers around the world. More than 146,700 employees work on CSR activities tailored to the needs of local communities.
FY2015
Small motors7.0%
Other automotive1.6%
Industrial and consumer products1.2%
Electronic8.7% Powertrain
control35.5%
Thermal 31.2%
Other new business0.3%
Information and safety systems
14.5%
Business Group Overview Revenue/Operating Profit R&D Expenditure
(FY)
(Unit: billion yen)
4,000
3,131.5
188.3
2,000
2011
3,154.6
160.7
2012
3,580.9
262.4
2013
4,095.0
371.4
2014
4,309.8
331.4
2015
0
RevenueOperating Profit
(FY)
(Unit: billion yen) (%)
500
400
300
200
100
290.1
9.3 9.5 9.4 9.0 9.2
2011
298.4
2012
335.5
2013
368.7
2014
396.4
2015
0
10
8
6
4
2
0
R&D ExpenditureRatio of R&D Expenditure to Revenue
Revenue(consolidated basis)
4,300billion yen in 220 Group companies146,000employees
of revenue invested in R&D9%
active patents worldwide38,000
DENSOin numbers
(FY2015)
Contact information regarding this reportCorporate Strategy Planning Center, Corporate Planning DivisionTelephone: +81-566-25-5575 Fax: +81-566-25-4505
Feedback to DENSOCustomer Center0120-087-413 (in Japan only)
DENSO Corporation1-1, Showa-cho, Kariya, Aichi 448-8661, JapanTelephone: +81-566-25-5511 (Information Center)www.globaldenso.com
Protecting Lives, Preserving the Planet,and Preparing a Bright Future for Generations to Come
CSR Report 2015DIGEST
G o a l
Actions for achievement
Road to Sustainable
Growth
Road to Respected
Individual Life
Preserving the Earth’s Environment and Creating a Society That Ensures Security and Safety with “Passion and Smiles” as Our Driving Force
The DENSO Group continues to squarely address various issues and present solutions in order to maximize the value of vehicles and minimize negative impact through our commitment to the automotive society.
The DENSO Group Long-term Policy 2020, which serves as the guiding principle, states that DENSO will make utmost effort to preserve the planet and ensure security and safety in society through its business operations.
The slogan “Protecting Lives, Preserving the Planet,
and Preparing a Bright Future for Generations to Come” represents the shared wish of 140,000 employees to become a company that always keeps people and society in mind.
I believe that the “passion and smiles” of each employee serve as the driving force to achieve the 2020 Goal and that they are the keywords for DENSO to achieve sustainable growth.
With “passion and smiles,” we work more closely with more stakeholders to create a “cycle of good” in society and achieve sustainability.
Ideal status of the DENSO Group
To be trusted by all stakeholders, and create a cycle of good to grow and develop together
Protecting Lives, Preserving the Planet, and Preparing a Bright Future
for Generations to Come
2020 Goal
Creating Bonds Between People for Healthy Communities
We contribute to enhancing safety, security and convenience in daily l ives by supporting the distribution of information within communities.
Community NetworkSolution Business
We cont r ibute to more eff icient and s tab le vege tab le c u l t i v a t i o n a n d improved agricultural compet i t i veness, utilizing greenhouse environment control systems a n d e n e r g y c o n s e r v a t i o n technologies.
Stable Production of Food Agricultural Support
We contr ibute to safety and assurance in food transport and supply from production to consumption t h rough ene rgy -sav i ng c o o l i n g a n d f r e e z i n g technologies, as wel l as traceability management.
Safety and Assurance in Food Cold Chain
Fossil Fuel Independent
We contribute to the environment by utilizing an eff ic ient algae cult ivat ion process for CO2 absorption and by producing biofuel as an alternative to fossil fuels.
Biotechnology(Micro Algae)
Realizing a Low-carbon Society
We contribute to the realization of a low-carbon society through micro-grid products and technologies including Home Energy Management Systems
(HEMS), storage batteries, V2H (vehicle-to-home) power supply systems, and other products t h a t c r e a t e , s t o r e , a n d conserve energy in the age of connected cars and homes.
Micro Grid Safer and More Secure Living
We contribute to safer and more secure living by applying sensing technologies.
Security
Through its business operations, DENSO helps improve the automotive society and social environment and enhance security and safety.
CSR of the DENSO Group
T h e D E N S O G r o u p i s
helping to build a society
where services which are
closely linked with daily life
are sufficiently available
whenever necessary, by
a p p l y i n g p r o p r i e t a r y
technologies and expertise
to consumer and industrial
products, in cooperation with new partners.
The increase in environmental
impact due to greenhouse gas
emissions, etc. and tragic fatalities
caused by traffic accidents are
common issues faced by the
global society. The DENSO Group has been working to
minimize the environmental impact caused by vehicles and
eliminate traffic accidents, for the sake of society.
Scope of operations (examples)
1 2
Env
ironm
ent
Sec
urity
& S
afet
y
For CO2 reduction, pursue “Ultimate efficiency”
For reducing traffic accidents, pursue “Sophisticatedly safe mobility/society”
Increase in fuel economy, and purification of exhaust emissions
Active safety/Driving support
Ultimate efficiencyInnovative combustionSuper cooling loss reductionExhaust energy collection
Improve the ICE efficiencyImprove efficiency by electrification
AEB (Pedestrian/Day)Lane departure warning
Expansion of automated driving technologies
AEB (Pedestrian/Night)/AEB (Bicycle)Automated lane change
Traffic jam bypassEco-Drive support
Heat distributionTotal thermalmanagement
Collection of waste heat.Thermal storage.Recovery/conversion
Air conditioning.Power-saving (summer, winter).Efficiency improvement
AEB: Autonomous Emergency Braking
DENSO’s commitment to an automotive society
Maximize positive value
Minimize negative impact
Deliver convenience and joy of driving to people
all over the world
Security &
Safety
Preservethe Planet
Cycle of good
SocietyCreate a new mobile
society and social system,which leads the world
EmployeesTreat each employee
with respect andsupport growth
CustomersBe a global suppliertrusted deeply by
all customers aroundthe world
ShareholdersRealize stable and long-term business
growth
Business PartnersSet high aspirationsand persevere until
you succeed
Local CommunityContribute to development
and harmoniousco-existence with local
communities
Koji ArimaPresident and CEODENSO Corporation
Contributions in the automotive field Reduce energy consumption (= CO2 emissions) even if the
number of vehicles increases, by increasing the fuel economy
Create vehicles that are highly fuel efficient and consume little electricityOptimize traffic volume and eliminate traffic jams
Contributions to the automotive society
Help reduce the environmental impact of society by saving, creating, and storing energy
Optimal control and local production for local consumption of energyRenewable energy/storage batteries
Contributions to society
Eliminate traffic accidents to protect people’s lives all over the world
Ensure “Everyday Confidence, Extraordinary Safety”Ensure traffic safety
Contributions to the automotive society
Help ensure security and safety in society(in automobile-related areas) by taking advantage of core technologies
Build communities free from accidents and crimeSafety and assurance in food
Contributions to society
Contributions in the non-automotive fields
Sophisticatedlysafe mobility/society
Accident freeNo traffic jamMobility support for elderly people
ADAS (advanced driving support)/automated driving
Whole house airconditioning
EV/PHV charger
Photovoltaic power generation
Power conditioner
Gas
Water
Lithium ion storage batteryLithium ion storage battery
Eco-CuteEco-Cute
DENSO is tackling a host of issues facing society through its business operations and activities.
Fuel cel l vehic les (FCVs) are p o w e r e d b y h y d r o g e n t o generate electricity, and emit on ly water. Toyota re leased MIRAI, an FCV, in December 2014. DENSO delivers about 70 products for MIRAI to Toyota. Specifically, DENSO developed a cell monitoring unit, pressure hydrogen sensors, hydrogen charging ECU, etc. for FCVs, and increased the performance of the power control unit, fuel cell boost converter, radiator, cooling pump, etc.
About 70 types of products delivered for MIRAI, Toyota’s FCV
3 4
DENSO developed an eco-friendly mobility system consisting of solar power generation equipment, storage batteries, ultra-light electric vehicles (LEVs), and a car-sharing function (vehicle management system) using mobi le terminals. The system was launched on the premises of the Anjo Plant (Aichi Prefecture) in May 2015. This Pico Grid System* was created in anticipation of a micro grid system for the efficient use of energy by connecting vehicles with homes and local communities. LEVs charged with electricity serve as “mobile power supplies” where necessary in the event of a power outage during a disaster.
An eco-friendly mobility system for a low-carbon society
64%
Refrigerator’s fuel consumption
compared with the auxiliary engine system
Conventional refrigerated trucks require an auxiliary engine or need to use the main engine power to operate the compressor of the refrigerator. DENSO and Hino Motors, Ltd. (Hino) jointly developed a system to uti l ize the energy
generated while driving and the energy produced by regenerative braking in hybrid vehicles. As a result, the refr igerator’s fuel consumption is reduced by 64% from the conventional system. The system was awarded the Minister’s Prize, the Ministry of Economy, Trade and Industry in the FY2015 Grand Prize for Excellence in Energy Efficiency and Conservation (the Product and Business Model category).
The electric compressor is optimally driven by technologies to control the hybrid system and inverter, etc., thus significantly reducing fuel consumption and CO2 emissions.
K E Y P O I N T !
Naviehe-compatible equipment can be easily remote-controlled via tablets and smartphones. With Naviehe, users can get the bath ready and control air conditioning, etc. from outside, to keep their home comfortable.
K E Y P O I N T !
Electric refrigerator operated by HV regenerative power awarded Minister’s Prize, the Ministry of Economy, Trade and Industry in the Grand Prize for Excellence in Energy Efficiency and Conservation
Moto rcyc l e eng ines con t ro l l ed by electronic fuel injection systems help improve fuel economy and achieve cleaner emissions. Electronic fuel injection systems were introduced only in large motorcycles because it was difficult to reduce the size of parts. In May 2014, DENSO developed DIET-FI, an electronic fuel injection system for small motorcycles, by simplifying and cutting the cost of the injection system. DIET-FI has been used
in Honda’s small motorcycles, and is expected to become widely used in emerging countries.
Small motorcycles made more eco-friendly by an electronic fuel injection system
To reduce the size of components, part of the functions of the temperature sensor is compensated by the control unit. The size and cost have been reduced while delivering the same performance as the conventional system.
For more information:http://www.globaldenso.com/en/newsreleases/140529-01.html
Web
EnvironmentRoad to
Sustainable Growth
Electric refrigerator system employed in Hino Profia
Naviehe, a new HEMS, released to support energy conservation in households
A HEMS (Home Energy M a n a g e m e n t S y s t e m ) centrally manages energy by connec t i ng va r i ous equ ipment f rom power generation and storage to lighting, air conditioning, and ho t wa te r supp l y. DENSO released Naviehe, a new HEMS mode l , i n January 2015 . W i th improved simplicity and operability, Naviehe can be c o n n e c t e d w i t h e l e c t r i c h o m e a p p l i a n c e s compatible with ECHONET Lite which can be turned on/off via smartphones.
FC cellmonitoring unit
Fuel cell
Air
Hydrogen tankCurrent
Water
Hydrogen
Hydrogen
Motor
Hydrogencharging ECU
Pressuresensor
Coolingpump
TOPICS
The QR Code was developed by DENSO’s engineering division in 1994. Compared with conventional barcodes, the QR Code contains far more data, and offers high-speed scanning (more than 10 times faster), and multi-language support. The QR Code has been steadily improved and is now widely used around the world,
helping save time, resources, and energy in various businesses. In June 2014, the European Patent Office highly evaluated this accomplishment and awarded the “Popular Prize” to the six employees who developed the QR Code (who are currently affiliated with DENSO Wave Incorporated).
QR Code development team wins the European Inventor Award
Masahiro Hara, development leader
QR Code which is widely used around the world
Power and vehiclemanagement system
Solar power generation
Storagebattery
Communicationwith vehicles
Ultra-lightelectric vehicles
Charge or discharge (direct current)
Charge or discharge (direct current)
Charging and discharging deviceCharging and discharging device
Pico Grid System
Naviehe home screen
K E Y P O I N T !
DENSO’s proprietary technologies are used to store the DC power generated by solar equipment in EVs and storage batteries. The system eliminates the loss of conversion to alternating current and thus increases energy efficiency.
K E Y P O I N T !
Products for HVs have been customized for FCVs to improve the reliability and performance, while significantly reducing the cost.
K E Y P O I N T !
* An independent power supply network system. Pico Grid System® is a registered trademark of DENSO Corporation.
Highlights of CSR activitiesF Y 2 0 1 5
Lighting[Examples of use as moving power source]
Transportable power feeding device
PC Mobile phones
iArmS surgical support robot
Security & SafetyRoad to
Respected Individual Life
Children wearing donated helmets
In Thailand, many children are taken to school on motorcycles, but traffic fatalities occur frequently. This is par t l y because few ch i ld ren wear he lmets on motorcycles. In January and February 2015, seven DENSO Group companies in Thailand donated 612 helmets to elementary school students in Bangkok in collaboration with Asia Injury Prevention (AIP), an NGO that has been conducting traffic safety awareness campaigns in Asia. Leaflets and posters that encourage the wearing of helmets were put up, and a traffic safety event was organized with the participation of
about 300 people including government officials, police officers, university students, and local citizens.
To protect children in Thailand from traffic fatalities
For more information:http://www.globaldenso.com/en/news/2015/20150226-01.html
Web
Safe stop by information of the lead vehicleThe trailing vehicle safely stops in response to the sudden stop of the lead vehicle.
Following a lead vehicleThe trailing vehicle uses positional information on the lead vehicle that is received wirelessly to follow it at a safe distance.
Automated driving on a single lane (The test vehicle is in the forefront.)
Demonstration in Detroit
Public road test on Minamichita Road in Aichi Prefecture n June 2014, DENSO launched public road tests to develop advanced driving support technology on Minamichita Road in Aichi Prefecture as part of the Vehicle Safety Technology Project Team organized by the prefectural government. Automated dr iv ing scenar ios in a s ing le lane and automat ic lane changes, etc. were tested to assist safe driving and reduce dr iver workload. At the 2014 ITS World Congress in Detroit in September, DENSO conducted demonstrat ions of driv ing assistance functions. Public road tests help identify issues that cannot be found on test courses. We analyze the test results to accelerate development of commercially available technologies.
Start of public road tests of advanced driving support technology
For more information:http://www.globaldenso.com/en/newsreleases/140714-01.html
Web
A major chal lenge for the f resh food and agricultural products industry is to keep products fresh to retain quality and also to extend the freshness period of food that is stored and transported. DENSO developed a two-compressor/two-inverter refrigerator by utilizing the power saving and electrification technologies refined through the development of refrigerated trucks. We applied this refrigerator to containers, and started a demonstration experiment to prolong the freshness of jujube red dates in China in 2013 and peaches in Fukushima Prefecture, Japan in 2014. As the temperature of the refrigerator can be finely controlled for the food being stored, the peaches, which normally could only be stored for three or four days, were successfully stored for about three weeks.
Prolonging the freshness of agricultural products by using superb refrigeration technologies
Equipment for maintaining freshness (Fukushima Prefecture, Japan)
The demonstration experiment in Fukushima Prefecture succeeded in prolonging freshness (peaches one month after harvest).
A t hosp i t a l s , t he numbe r o f surgeries that require long, delicate work has been increasing, and there is growing demand from physicians to reduce physiological hand shak iness and fa t igue . DENSO deve loped a support robot to meet these needs in collaboration with a university and medical institute, and launched sales in April 2015. During surgery, the robot arm of iArmS supports
the physician’s arm by moving to the position that a physician wishes to move his or her arm. The built-in sensors detect the motions of laying, stopping, and holding the arm afloat, and automatically switches the support functions.
iArmS, a surgical support robot, released
5 6
DENSO’s ZONE D detects an intruder us ing a wide-angle laser sensor. While being video-recorded by an automatic tracking camera, the intruder triggers a siren and flashing light. The system also informs the manager via e-mail to prevent crimes, accidents, and damages caused by harmful animals, etc. ZONE D has been highly evaluated for its performance. Since its release in 2013, it has been used in many stores, plants, condominiums, etc.To m e e t t h e g r o w i n g d e m a n d f o r o u t d o o r applications where there is no power supply, DENSO
developed “ENERU-D” by combining ZONE D wi th a so la r power supply and storage battery, and launched sa les in December 2014. The system can be installed at various l o c a t i o n s s u c h a s f a r m s , p a r k s , a n d cons t ruc t i on s i t es w h e re i n s t a l l a t i o n used to be difficult.
An eco-friendly, standalone solar-powered security system released
TOPICS
VS-050S2, an industr ia l robot deve loped fo r manu fac tu r ing f o o d , p h a r m a c e u t i c a l s , a n d semiconductors, won the Good Design Grand Award ( the best award of the “Good Design Award 2014”). The robot was the f irst DENSO product to win the grand a w a rd f o r h i g h f u n c t i o n a l i t y (resistant to powerful gas cleaning, and free from level differences and gaps on the surface where dirt and bacteria are likely to accumulate) and futuristic design (surface finished by polishing, not painting).
Good Design Award presented to a DENSO robot
VS-050S2, a robot for industrial, pharmaceutical, and medical applications
Can be installed at locations where there is no power supply such as farms and parks
Solar panel
Outdoor camera
ZONE DStorage battery
Thailand is the third worst in the world in terms of traffic fatalities per 100,000 people. DENSO remains committed to traffic safety activities in Thailand.
K E Y P O I N T !
To achieve safe mobility in an aging society where traffic accidents are expected to increase, we are researching and improving driving support technology.
K E Y P O I N T !
Improved storage and transport quality helps improve food safety and assurance, and reduces costs by changing the mode of transport (from air to sea), thus increasing the international competitiveness of agricultural products.
K E Y P O I N T !
Excel lent safety and smooth operation are achieved by gravity balance and arm movement, without the use of motors. iArmS i s one o f t he p roduc ts t ha t DENSO has started to offer in the medical f ie ld by apply ing i ts t echno log ies and exper t i se developed and ref ined in the automotive industry.
K E Y P O I N T !
The live image can be checked from PCs and smartphones, etc. in real time. In the event of a disaster, the system can be used as a Wi-Fi hotspot (optional).
K E Y P O I N T !
Highlights of CSR activitiesF Y 2 0 1 5
The data of near-miss locations is provided by 300 employees who commute by car, and near-miss maps are created based on actual driving of 200,000 km in total.
This application has been verified globally, including Germany and Indonesia.
100womenActivities have been accelerated to achieve our target of having
in managerial positions (three-fold increase from 2014) by 2020.
We procure parts, raw mater ia ls , and equipment worth 2 trillion yen from some 5,000 suppliers each year (with a local procurement rate of about 70%) based on the principle of open, fair and transparent transactions. The CSR Guidel ines and self-diagnostic sheets are distributed to suppliers, while issues are shared and advice and support are offered through interactive activities, in order to achieve continuous KAIZEN. Notably, we encourage CSR procurement in collaboration with industry organizations to prevent issues related to human rights and labor and avoid the use of conflict minerals etc.
As the demand for motor vehic les increases in emerging markets, there i s a g row ing need fo r repa i r and maintenance serv ices for new and used vehicles. DENSO Corporation, Toyota Tsusho Corporation, and Aisin Seiki Co., Ltd. have jointly established a repair shop brand, “PIT & GO” to offer the latest high-quality services a n d q u i c k l y p ro v i d e a u t o m o t i v e components. As of March 2015, there a r e n i n e s t o r e s ( i n C a m b o d i a , M y a n m a r, I n d o n e s i a , T h a i l a n d , Malaysia, and Laos), and the number wil l be increased to 25 in Asia by the end of FY2016.
A map that shows accident black-spots ( e . g . l o c a t i o n s w h e r e d r i v e r s unexpectedly brake suddenly or where congestion occurs frequently) would help drivers slow down and pay attention in advance, thus increasing traffic safety. Such a map appl icat ion has been developed using DENSO’s proprietary technologies. An electronic map named MIKAWAP* enables users to easily check hazardous locations on smartphones and websites, and the application has
been provided to the police, organizations, schools, etc. around the head office.
Present drivers’ experience-based information on an electronic map to help improve local traffic safety
7 8
Each employee keeps stakeholders in mind, to create a “cycle of good” and achieve growth and development with society.
CSR activitiesCSR activities
To quickly offer high-quality services to customers in Asia
Committed to raising the level of CSR throughout the supply chain in collaboration with suppliers
At DENSO Corporation, since January 2014, we have been strengthening our organization exclusively to promote diversity within the Human Resources Division, in order to promote enhancements to our systems and change internal awareness of this issue. In this way, we are working to facilitate contributions by female employees, senior employees, persons with disabilities and foreign employees.Promoting female participation is an important social issue. DENSO Corporation is committed to hiring and effectively using women in the organization while introducing measures to build their careers and achieve a work/life balance, thus creating a better working environment for women.
Main content of Supplier CSR Guidelines
(1) Safety and product quality(2) Human rights and labor(3) Environment(4) Compliance(5) Disclosure(6) Risk management(7) Responsible material
procurement(8) Social contribution(9) Development for
all suppliers
General Meeting of Suppliers
Opening ceremony of a wholly-owned store in Cambodia (May 2015)
PIT&GO AUTOMOTIVE SERVICE(CAMBODIA) CO.LTD
Purchasing Planning Div.
Eri Sato (left)
Masaki Yamauchi
Information and Communication Technology Platform R&D Division
Hiroki Ukai (left)
Takashi Uefuji
Finance & Accounting Div.
Mariko Tsuzuki (left)
Sayaka Hasegawa
DP-Diversity & Inclusion Promotion Dept., Corporate Center
Masami KitamuraReturn to Work Preparatory Seminar
Women’s Forum
Sales & Logistics Manager
Ouk Chandy (left)
Service Manager
Keo Sophal
Responsibility
to customers
Responsibility to
business partners
Responsibility to
local communities
To become a global company where many working mothers can unleash their potential in a flexible working environment
Responsibility
to employees
introducedby employees
Under the policy of “products and services go hand in hand,” the PIT & GO stores quickly offer high-quality repair and maintenance services and supply components to ensure customer satisfaction.
The DENSO Group Community Service Day was launched in 2004 in commemoration of the 55th anniversary of the company’s founding. This program aims to contribute to and enrich local communities as a good corporate citizen, beyond the scope of regular business. Under the slogan of “Turn Compassion into Action,” about 36,000 employees participated in various programs (primarily related to the environment, welfare, and education) from 125 companies in 31 countries and regions in FY2015.
36,000 employees around the world worked on community issues.
DNBR (Brazil)
Priscila Hayashi
Planting mangrove trees (DENSO Group in Thailand)
Book donation activities (DNBR, Brazil)
Responsibility to
local communities
Books enrich people’s minds. I have been involved in donating books to underprivileged children and providing opportunities to learn about good cultures.
In June 2015, DENSO formulated the Basic Policy on Corporate Governance to improve the transparency and efficiency of management. DENSO became the first company in the auto industry in Japan to apply IFRS from FY2016, to facilitate nimble management and enhance the international comparability of financial statements by standardizing the accounting standards of the group companies.
To remain attractive as a company to investors seeking mid- to long-term growth
Dividend per share
2012
120
100
80
60
40
20
0
(yen)
(FY)2013 2014 2015
46
64
105 110
Responsibility to
shareholders and
investors
In FY2015, we visited six suppliers for the DENSO Group to share issues through dialog and offer advice on KAIZEN.
We promptly and appropriately disclose information, communicate effectively, and promote the attractive features of DENSO, in order to increase our corporate value.
* MIKAWAP is coined from the “Mikawa” region in Aichi Prefecture where DENSO has many business sites and a “map.”
General Meeting of Shareholders
Our policy on returns to shareholders is to
continuously and stably raise dividends over the
long term.
Damaged road locationsCracks in roads are identified.
Near-miss locationsHazardous locations where sudden braking occurs are identified.