DENSO Integrates the Management of Three Group Companies in Brazil
KARIYA, Japan (Jan. 10, 2024) – DENSO CORPORATION today announced that it has integrated the management of three production and sales companies in Brazil as of January 1, 2024: DENSO DO BRASIL LTDA., DENSO MAQUINAS ROTANTES do BRASIL LTDA., and DENSO SISTEMAS TERMICOS do BRASIL LTDA. After the integration, the new DENSO DO BRASIL LTDA. manufactures and sells automotive components, including thermal products, which were previously produced independently by the three companies.
In 1975, DENSO established in Brazil a sales company for aftermarket car air conditioners, which was the predecessor of DENSO DO BRASIL LTDA. DENSO has since grown its business in the country, expanding its Brazil offerings to include electrical components and alternators, as well as instrument clusters and wiper systems.
In 2022 fiscal year, DENSO’s revenue in Brazil exceeded 70 billion yen. To reinforce the business foundation for future growth, DENSO has integrated the management of its three production and sales companies in the country.
Through the integration, DENSO will consolidate and streamline corporate management to increase operational efficiency and strengthen the company’s ability to withstand the changing business conditions. The move will also enhance DENSO’s ability to propose new solutions and systems to customers through deeper collaboration between businesses.
DENSO remains committed to contributing to the development of the local economy and the automotive industry by meeting the needs of regional customers.
Profile of new DENSO DO BRASIL LTDA.
| 1. Name | DENSO DO BRASIL LTDA. (unchanged) |
|---|---|
| 2. Integration of management | January 1, 2024 |
| 3. Location | Curitiba, Parana, Brazil |
| 4. Capital | 8.2 billion yen (353 million BRL) |
| 5. Shareholders | DENSO Group, Toyota Industries Corporation, and Toyota Tsusho Corporation |
| 6. President | Giuseppe Zippo |
| 7. Employees | 2,080 (at the time of integration in 2024) |
| 8. Business | Manufacturing and selling air conditioners, compressors, radiators, alternators, starters, wiper systems, instrument clusters, etc. |
Location of new DENSO DO BRASIL LTDA.
[Reference] Outline of the respective companies before the integration
DENSO DO BRASIL LTDA.
| 1. Name | DENSO DO BRASIL LTDA. |
|---|---|
| 2. Establishment | April 1980 |
| 3. Location | Curitiba, Parana, Brazil |
| 4. Capital | 4.5 billion yen (191 million BRL) |
| 5. Shareholders | DENSO CORPORATION, Toyota Industries Corporation, and Toyota Tsusho Corporation |
| 6. President | Giuseppe Zippo |
| 7. Employees | 1,306 (FY2023) |
| 8. Business | Manufacturing and selling air conditioners, compressors, radiators, starters, wiper systems, instrument clusters, etc. |
DENSO MAQUINAS ROTANTES do BRASIL LTDA.
| 1. Name | DENSO MAQUINAS ROTANTES do BRASIL LTDA. |
|---|---|
| 2. Establishment | April 1999 |
| 3. Location | Betim, Minas Gerais, Brazil |
| 4. Capital | 800 million yen (33 million BRL) |
| 5. Shareholders | DENSO Group |
| 6. President | Akito Ando |
| 7. Employees | 197 (FY2023) |
| 8. Business | Manufacturing and selling alternators, etc. |
DENSO SISTEMAS TERMICOS do BRASIL LTDA.
| 1. Name | DENSO SISTEMAS TERMICOS do BRASIL LTDA. |
|---|---|
| 2. Establishment | March 2001 |
| 3. Location | Betim, Minas Gerais, Brazil |
| 4. Capital | 1.7 billion yen (72 million BRL) |
| 5. Shareholders | DENSO Group |
| 6. President | Giuseppe Zippo |
| 7. Employees | 580 (FY2023) |
| 8. Business | Manufacturing and selling air conditioners |