I would first like to offer my condolences to the families and friends of those who have passed away due to the COVID-19 pandemic. I would also like to extend my thoughts and prayers to all those who have been impacted by this pandemic. I sincerely hope that those who have contracted the virus make a full recovery and that the world will return to normal as quickly as possible. Furthermore, I would like to express my deepest gratitude to the medical professionals working on the front lines to save lives and those working to maintain critical social infrastructure.

The DENSO Creed has been the starting point for DENSO since its founding. The ideals of our predecessors are encapsulated by the DENSO Creed, and we have inherited these ideals and continue to put them into practice today. Furthermore, we will ensure that these ideals will be passed on to the next generation. This entire process forms the basis of our sustainability management. The DENSO Creed includes the phrase “Provide quality products and services.” Our ambition to contribute to the fields of “green” and “peace of mind” for the sake of customers represents our commitment to this ideal.
In the field of “green,” worldwide trends are shifting from low-carbon to carbon-free with the aim of realizing a carbon neutral society. Amid these trends, we have extended our target of achieving a 50% reduction in CO2 emissions to cover not only our production activities but also the products we offer. This means that we aim to become carbon neutral, or in other words, have the CO2 we emit be offset by the CO2 we absorb for net zero emissions. Additionally, in the field of “peace of mind,” we will remain fully committed to our goal of realizing a world with zero traffic accidents.
With “zero” as the ultimate goal in both the “green” and “peace of mind” fields, we will contribute to the creation of an even better society. This will certainly be no easy task, but the feasibility of reaching these targets is increasing due to recent technological innovations. More importantly, the act of setting such targets can actually bring about a major change in our awareness and ways of thinking when we work to resolve issues. This, in turn, can lead to the creation of new value. Going forward, while increasing our number of outside partners, we will work to steadily foster a corporate culture in which we come together as a company to consider and act on what we need to do to resolve social issues on our own initiative. As the leader of DENSO, I will be truly happy if we can become a company that is truly inspiring to society as a result of creating such a corporate culture.

I would like to ask our shareholders for their continued support as we pursue these endeavors going forward.

October 2020
Koji Arima
President & CEO