Integrated Report 2023 (Web)
the President & COO MESSAGE
Continuing to Create New Value to Become a Company That Thrives in This Era of Change
the Chairman & CEO
With our sights always set on the external environment, we will boldly pursue the resolution of social issues with great passion while evolving DENSO Culture.
At a Glance
This section summarizes DENSO’s business scale, product lineups, and the value the Company offers to society in an easy-tounderstand manner to give readers an overview of DENSO at a glance.
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DENSO’s Value Creation Story
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Past, Present, and FutureDENSO’s innovations start from a focus on the future and what makes people happy.
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History of Innovation and CreationJust as it did when DENSO was founded, the commitment set out in the DENSO Creed is the Company’s starting point to this day.
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Our Cultivated StrengthsOver its 70-year history, DENSO has cultivated various unique strengths.
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Our Accumulated CapitalsThe capitals that we have accumulated while achieving growth as a company now support our business activities and provide us with a source for enhancing our corporate value.
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Tradition of Sustainability ManagementDENSO has taken on ambitious initiatives to address social issues through its businesses.
DENSO’s Value Creation Process
Maximizing the Value of “Green” and “Peace of Mind” to Continue to Grow with Society
DENSO puts sustainability management into practice by taking the resolution of social issues as a starting point and then utilizing accumulated strengths and capital to implement business activities and advance value creation processes. Through this approach, we aim to contribute to a sustainable society and enhance our corporate value.
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Special Feature: Value Creation in Action
Popularizing Carbon Recycling by Taking On the Challenge of Efficiently Capturing
CO2 Anywhere
In the quest for carbon neutrality, as well as the reduction of CO2 through decarbonization, the capture and reuse of CO2 emissions, known as carbon recycling, is becoming a focus of attention. To efficiently realize CO2 capture anywhere, DENSO is developing and introducing a compact, highly efficient CO2 capture system.
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Growth Strategy
Mid-term Policy for 2025
Building on the management foundations laid by “Reborn21,” in fiscal 2023 we formulated the Mid-term Policy for 2025 with a view to fully embracing the DENSO Culture developed since our founding while giving concrete form to the Long-term Policy for 2030 slogan: Bringing hope for the future for our planet, society, and all people. The Mid-term Policy for 2025 sets forth a road map and goals for the initiatives we will focus on and the corporate profile we will achieve by 2025.
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Strategies for “Green” and “Peace of Mind”
With the aim of contributing to the happiness of people, DENSO has been working to maximize the value it provides through its business activities in the fields of “green” and “peace of mind.” To that end, we have established medium- to long-term targets to accelerate the maximization of value in these fields and are promoting the following specific initiatives in order to achieve these targets.
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Overview by Product
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ELECTRIFICATION SYSTEMS
Making electric vehicle components widely available and contributing to carbon neutrality
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POWERTRAIN SYSTEMS
Balancing the joy of life with vehicles with superior environmental performance—Providing solutions that help overcome this seemingly contradictive task
Read more
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THERMAL SYSTEMS
Contributing to a more pleasant world by solving heat-related issues faced in a mobility society
Read more
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MOBILITY ELECTRONICS
Realizing a society in which all people can access mobility conveniently and with peace of mind (enhancing the quality of mobility)
Read more
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ADVANCED DEVICES
Creating and growing businesses that solve issues faced by society and customers beyond the mobility domain
Read more
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FACTORY AUTOMATION AND SOCIAL SOLUTIONS
Enhancing the productivity of the Monozukuri industry and improving quality of life
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FOOD VALUE CHAIN
Combining technologies and ideas to provide new value and contribute to a society where all people can live safely and with peace of mind
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Capital Strategies
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Financial Capital
Striving to Realize a Slim, Sturdy, and Flexible Operating Structure
CFO MESSAGE : Yasushi Matsui
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Human Capital
People and Organization That Form a Group of Professionals with the Ability to Make Their Ambitions a Reality
Outline of Efforts to Strengthen Human Capital
CHRO MESSAGE : Kenichiro Ito
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Manufacturing Capital
Realization of Resilient Monozukuri through Technical Skills That Continuously Evolve and the Utilization of Global and Digital Technology Capabilities
Outline of Efforts to Strengthen Manufacturing Capital
CMzO MESSAGE : Jiro Ebihara
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Intellectual Capital
Promoting R&D Activities That Realize World-First and World-Best Offerings with a Focus on the Trends of the Times
Outline of Efforts to Strengthen Intellectual Capital
CTO MESSAGE : Yoshifumi Kato
CSwO MESSAGE : Atsushi Hayashida
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Natural Capital
Pursuing Environmental Neutrality in Order to Both Preserve the Global Environment and Create Economic Value
Outline of Efforts to Strengthen Natural Capital
Efforts to Maximize the Value of “Green”
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Social and Relationship Capital
Strengthening Our Bonds with Diverse Stakeholders through Dialogue in Pursuit of Mutual Growth
Outline of Efforts to Strengthen Social and Relationship Capital
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Special Feature: Connecting the Flow of Five Elements of Society
New Approach to Realizing a Cycle of Well-Being
Our approach of “connecting the flow of five elements of society” develops technologies and partnerships to create and maximize
the value of green and peace of mind that will meet a broad range of needs going forward. Through this approach, we
aim to ensure realization of the green and peace of mind strategies and the Long-term Policy for 2030, thereby supporting
the continuation of society’s activities and catering to diverse values and views of well-being. This special feature gives examples
of our approach in relation to the flow of each type of element of society.
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Corporate Governance
DIALOG
Surviving in a Changing Business Environment
by Developing Management and
Corporate Governance
Corporate Data
Integrated Report 2023 (PDF) Download
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