Message from the President & COO

While passing on the ideals of the DENSO Creed, we will contribute to the creation of a sustainable society by elevating the ambitions of each DENSO employee to ensure that every employee can envision how they will help achieve a sustainable society through their role within the Group.

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Greetings, Everyone. My name is Shinnosuke Hayashi, and I was appointed as president & COO in June 2023, inheriting the management baton that has been gradually passed down over the more than 70 years since DENSO’s founding. Taking on this new position has been a truly awe-inspiring experience for me. Society has been rapidly changing, including changes in people’s behavior due to the COVID-19 pandemic, the progression of global environmental issues, and the advancement of CASE (connected, autonomous, shared & service, and electric) in the automotive industry. Amid these changes, our commitment to “provide quality products and services,” an ideal enshrined in the DENSO Creed, continues to serve as our unchanging DNA and the starting point of our sustainability management.
DENSO promotes its corporate activities guided by the aim of “maximizing the value of green and peace of mind to be inspiring,” as adopted under its Long-term Policy for 2030. In other words, DENSO aims to be a company that inspires by contributing to the resolution of social issues through its business activities, and I believe this is precisely the underlying goal of our efforts to implement sustainability management.

In the “green” domain, we are making efforts toward the following three areas: eliminating CO2 emissions in our Monozukuri (manufacturing) processes, reducing CO2 emissions by promoting products powered by electricity and other mobility products, and eliminating CO2 emissions resulting from the energy we use in our daily lives. Through these efforts, we aim to achieve carbon neutrality by 2035. In fiscal 2023, we reduced our CO2 emissions in Scope 1 and Scope 2 by 26% compared with fiscal 2021 (exceeding our target reduction of 25%). We also realized the mass production of highly efficient inverters that make use of silicon carbide (SiC) power semiconductors and verified the production of green hydrogen and in-plant hydrogen utilization. Moreover, we acquired external certification (Science Based Targets) of the numerical values we target through our green initiatives in an effort to steadily promote activities to combat climate change.

For “peace of mind,” we aim to eliminate fatalities from traffic accidents through the development of advanced driver assistance technologies and advanced safety technologies, and through efforts to promote the widespread adoption of such technologies both in new and already-owned vehicles. DENSO has been a global leader in its efforts to reduce fatalities from traffic accidents, including the provision of collision prevention and safety products since the 1980s. Recently, we began the full-scale mass production of Global Safety Package 3, which provides coverage to an even greater range of accident scenarios. In these ways, we are steadily working toward the realization of our Long-term Policy in both the green and peace of mind domains. We adopted the Long-term Policy for 2030 under the concept of “Bringing hope for the future for our planet, society, and all people” through our efforts toward green and peace of mind, and we have promoted our business activities in accordance with this policy.

I believe the intrinsic thinking of each employee provides the driving force for our corporate activities. By elevating such thinking, or ambitions, of each DENSO employee who has been inspired by our Long-term Policy, we will take on the challenge of resolving social issues. The smiles and happiness created as a result of this policy will help our employees excel in their work and live their lives with purpose and enthusiasm. Creating this kind of virtuous cycle, which leads to the happiness of our employees and of society as a whole, is my mission as a member of management, and I will therefore push forward with the implementation of sustainability management so that we can continue to contribute to the creation of a sustainable society.

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

January 2024
Shinnosuke Hayashi
President & COO