Highlights and Lowlights (April 1, 2019–March 31, 2020)

2019

April

Highlights
Strengthening of Development and Production Structure in the Electrification Field

In light of the rising demand for electrification products around the world, DENSO announces that it has strengthened its development and production structure in the electrification field.

We integrated our major electric component divisions with those of Toyota Motor Corporation. With this move, Toyota’s electronic component business at the Hirose Plant was transferred to DENSO in April 2020.

Also, in June 2020, we established the Electrification Innovation Center at our Anjo Plant in an effort to accelerate product development in the electrification field.

Positioning the Hirose Plant and Anjo Plant as a global mother hub for the electrification field, we will establish development and production processes for electrification products and establish a globally competitive production structure. In this way, we will contribute to the realization of a sustainable society by popularizing electrification products around the world.

May

Highlights
Investment in Micromobility Shared Service Provider Bond Mobility

To accelerate the development of Mobility as a Service (MaaS) with the aim of realizing a safer and more secure mobility society, DENSO invested in the micromobility shared service provider Bond Mobility Inc.
(Headquarters: California, USA)

In recent years, CO2 emissions and heavy traffic congestion have become issues in major urban areas all over the world, and micromobility shared services are expected to serve as a means for resolving these issues.

Bond Mobility operates shared eBike services (sport bicycles with electric assistance) in two cities in Switzerland. Through this investment, we aim to identify integrated urban MaaS-related needs for not only passenger vehicles but also two-wheeled vehicles and further accelerate technological development to address such needs.

With the aim of providing safe, secure, and convenient means of transportation for people who do not own cars, we will realize Maas by actively pursuing efforts to form business alliances both in Japan and overseas.

Highlights
Mass Production of Automotive Alternators Equipped with Newly Developed High-Efficiency Diodes

DENSO developed a high-efficiency diode used in alternators for gasoline and diesel engine vehicles together with Hitachi Power Semiconductor Device, Ltd. DENSO commenced production of alternators equipped with these diodes geared toward the European market. Going forward, the Company will gradually begin mass production of these alternators at its production bases around the world.

Diodes are a component of alternators. The jointly developed diode significantly reduces the power conversion loss that occurs when alternators convert an alternating current to a direct current. The new diode improves power generation efficiency by roughly 6%, thereby helping to improve fuel performance.

If we were to replace all the alternators we develop around the world (approximately 2,500 units a year) with alternators equipped with this high-efficiency diode, we could achieve an annual CO2 emission reduction of 30 tons.

Although vehicles are being increasingly electrified, cars that have internal combustion engines with alternators still account for 80% of all cars across the globe. To that end, we will contribute to a sustainable society by not only developing products that help advance the electrification of vehicles but also promptly introducing and popularizing products that improve the environmental performance of cars with internal combustion engines.

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September

Highlights
Start of Verification Tests for Cold Chain Business in Indonesia Together with Global Mobility Service

With a view to establishing a cold chain logistics network in Indonesia, DENSO CORPORATION and Global Mobility Service, Inc. (GMS) have commenced verification tests for a new transport service that incorporates small refrigerated parcels to deliver fresh foods and other products to commercial facilities and households. These tests aim to identify potential issues in the commercialization of this service and establish a business model for resolving such issues.

In these verification tests, small, refrigerated trucks equipped with small freezers developed by DENSO are lent to drivers. Drivers then deliver fresh and frozen foods on behalf of shippers. Through these tests, we are working to ascertain needs and issues related to transportation services of refrigerated parcels to verify the feasibility of their commercialization. By doing so, not only will we improve refrigerated transport services in Indonesia, we will create future job opportunities for poor and low-income households in the country.

October

Highlights
Launch of Bridge Inspection Service Using UAV

DENSO launched a bridge inspection service that utilizes unmanned aerial vehicles (UAVs) that it developed in 2016.
Aging infrastructure and labor shortages brought about by the declining birthrate and aging population have become issues in the construction and civil engineering industry, which is responsible for bridge inspection. This service is expected to enhance the efficiency of bridge inspection through the use of robots. In addition, this service will reduce hazards for those involved in inspection work, such as accessing bridges using a rope. It will also play a role in alleviating traffic congestion during inspection, which is caused by limiting traffic through the use of inspection vehicles. In addition, through the use of DENSO’s unique AI damage analysis system, these UAVs can collect massive amounts of data by taking pictures of bridges, which they use to automatically detect damaged areas. This enables the creation of bridge diagrams that indicate damaged areas, thereby making it possible to accurately ascertain where damage has occurred.

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November

Highlights
Recognized with “Friend of ASEAN” Award at ASEAN Business Awards 2019

DENSO received the prestigious “Friend of ASEAN” award at Asian Business Awards 2019. This award ceremony was hosted by the ASEAN Business and Advisory Council to recognize corporations, organizations, and individuals that have contributed to the economic growth and prosperity of ASEAN.

DENSO was recognized for its contribution to regional economies in ASEAN through its production activities over many years. DENSO also received praise for its efforts to cultivate human resources at its “learning factories,” which serve as a location for studying lean automation—a Japanese-style system for production with high operating efficiency.

Highlights
Receipt of Medals at the 57th WorldSkills Competition and 39th Abilympics

At the WorldSkills Competition held in Aichi Prefecture (November 15 to November 18, 2019), 37 participants from the DENSO Group competed in 11 skill categories. These participants won a total of 17 medals, including five gold medals in the categories of Mechanical Device Assembly, Press Tool Making, Manual Turning, Manual Milling, and Mobile Robotics. In addition, three participants from the DENSO Group competed in the skill category of Electronic Assembly at the 39th Abilympics, winning a total of three medals, including one gold medal.

March 2020

Highlights
Included in the Health & Productivity Stock Selection and Superior Health & Productivity Companies (the White 500) Program for the Fourth Consecutive Year

DENSO was included in the Health & Productivity Stock Selection, which is jointly operated by the Ministry of Economy, Trade and Industry (METI) and the Tokyo Stock Exchange, and in the Superior Health & Productivity Companies (the White 500) Program, which is jointly operated by METI and Nippon Kenko Kaigi, for the fourth consecutive year. Additionally, DENSO was recognized for the first time under the Sports Yell Company program, which is promoted by Japan Sports Agency. Also, 30 DENSO Group companies were recognized as Superior Health & Productivity Companies.

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