Kariya (Japan) -DENSO Corporation today received the Japan's Minister of Economy, Trade and Industry Award in the Organizational category of the Energy Conservation Prize. The prize recognizes individuals, groups, manufacturing plants, businesses, and other organizations for their distinguished achievements in promoting energy conservation.

"We are honored to receive this prestigious award that recognizes our company-wide energy conservation efforts," said Sojiro Tsuchiya, Senior Managing Director overseeing DENSO's overall production affairs and Production Promotion Center. "DENSO will continue to work as a whole to promote greater energy conservation and help protect the global environment."

As energy conservation is one of the company's priorities in regards to environmental protection, in fiscal year 2007 DENSO established the CO₂ Project Center and has been making concerted efforts to conserve energy across the company (see Example 1 below). Also, DENSO designs, develops and builds manufacturing equipment in-house, allowing the company to continuously adopt new energy conservation technologies when developing its manufacturing equipments (see Examples 2 and 3 below).

Outline in the below activities, DENSO achieved its reduction targets for CO₂ emission intensity for fiscal 2010* -specified in the company's long-term environmental policy "DENSO EcoVision 2015" -in fiscal 2008, two years ahead of schedule.

DENSO's major energy-saving efforts

1. Uncompromising dedication to energy conservation around the world: Perfect Energy Factory (PEF) activities
   Energy-saving activities independently conducted in each department are shared within the company and its group companies to promote energy conservation practices across departmental boundaries. A total of 115 approaches, including reducing air consumption and improving lighting and air conditioning efficiency at production sites, have been designated as common practices for conserving energy.
2. Developing efficient manufacturing equipment in-house: Compact, Slim, Simple, and Speedy (CS3) activities
   The reduction of energy, space and machinery cost for production systems is promoted by the in-house development of manufacturing equipment offering smaller size, simpler mechanisms and other efficiencies.
3. Optimal energy supply to production lines: Just-In-Time (JIT) energy activity
   The Just-In-Time approach (providing necessary items, at necessary timing and with necessary amount) is applied to the energy management and energy supply systems. Through this approach, the company aims to realize an energy-efficient production system that can be adjusted to meet changes in production volume, for instance, optimal control of energy supply in response to production volume and eliminating standby power consumed by production lines while they are not operating.

DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global supplier of advanced technology, systems and components. Its customers include all the world's major carmakers. Worldwide, the company employs approximately 119,000 people in 33 countries and regions, including Japan. Consolidated global sales for the fiscal year ended March 31, 2008 totaled US$40.2 billion. DENSO common stock is traded on the Tokyo, Osaka and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.densomediacenter.com .

* DENSO EcoVision 2015 set a target of reducing the company's CO₂ emission intensity (CO₂ emissions per unit of production) by 40% from 1990 levels by fiscal 2010.