Untitled

Contents
1 DENSO Goals
3 Automotive Field
5 Environment
7 Safety
9 Comfort
11 Convenience
13 Non-Automotive Fields
15
Consumer and
Industrial Products
17 New Business Fields
19 DENSO and Society
21 Monozukuri
23 Hitozukuri
25 Corporate Citizenship
27 Group Information
28 Corporate Data
31 Group Companies
35 History
37 Executive Management
38 Contacts
Automotive
Continuous innovation
to build a sustainable
automotive society
3
At DENSO, we work to improve the three basic
functions of the automobile: moving, turning,
and stopping. In addition, we strive to enhance
the driving experience for people worldwide.
This means minimizing the adverse effects of
vehicles, such as environmental degradation
and traffic accidents, while providing the
convenience, the comfort, and the other benefits
of motor transport.
As a leading automotive supplier, we strive
to help shape a world where people, the
environment, and cars coexist in harmony.
We are an automotive industry leader in R&D
spending, allocating 9.4 percent of our net sales
to research and development. In 2012, this
totaled 335.5 billion yen (US$3,566,826). This
supports the work of our engineers who, day
after day, conduct R&D and product design at
our technical centers around the world.
4
Outer fins
Refrigerant tube
Cold storage case
NonAutomotive
Working towards a society
where everyone can enjoy,
safety and a good quality of life
13
DENSO has amassed the semiconductor, heat exchange,
communications, and sensing technologies, production technologies,
and other widely ranging technical strengths
through the development and production of automotive components.
We also apply them in non-automotive fields.
Expanding our technological scope and partnerships,
we will continue to develop products and technologies
that help solve new social problems
and bring people a good quality of life.
14
World’s smallest motorized car, recognized by the Guinness Book of World Records
Monozukuri - Manufacturing
Engineering and technique,
hand in hand
“Engineering” and “technique” are not true synonyms.
Our engineers substantiate the theories behind
various research results and new concepts, and then
describe these ideas in design drawings. It is our
superior technicians who then give these theories
concrete form as products. We make full use of
molds, jigs, and other tools to create prototypes,
evaluate their performance, and then develop and
manufacture production facilities to enable mass
production of the items.
Our engineers and technicians collaborate throughout
these processes to clear the high hurdles we
encounter. This close fusion of engineering and
technique results in the birth of the products that are
the first and best of their kind in the world.
Monozukuri
21
Piezo Injector
Product development with success
or failure riding on a gap size of a
mere 1/60 the width of a human hair
Common rail systems exhibit revolutionary environmental performance by delivering jets of ultra-fine, ultra-high
pressure fuel into diesel engine combustion chambers
for complete fuel combustion. The nozzles of these fuelspraying units, called “injectors,” have an allowable gap
of just one micron*. That’s 1/60 the width of a human
hair. A gap any bigger than this results in a loss of the
airtight seals, whereas making the gap any smaller prevents the injector from operating smoothly.
At the end of a period of trial and error, our engineers
and technicians combined projects to overcame this
difficult problem. They developed a micron-machining
technology of flowing clay mixed with micro-gain whetstones. The prime factor in this success was our technicians’ miraculous ability to detect by sight and touch
differences of less than one micron.
*1/1000 of a millimeter.
Common Rail System
Piezo Injector
Supply Pump
Common Rail
22
Bronze 13
Number of
Medals Won
56
Silver 15
Gold 28
Winning
Percentage
70.9 percent
Group
Information
27
Corporate Data
Profile (FY2013)
Company Name
DENSO CORPORATION
Established
Dec. 16, 1949
Head Office
1-1, Showa-cho, Kariya, Aichi 448-8661, Japan
Capital
¥187.4 billion [US$2.0 billion]
Net Sales
Consolidated Basis: ¥3,580.9 billion [US$38.1 billion]
Non-consolidated Basis: ¥2,276.8 billion [US$24.2 billion]
Operating Income
Consolidated Basis: ¥262.4 billion [US$2.8 billion]
Non-consolidated Basis: ¥123.6 billion [US$1.3 billion]
Net Income
Consolidated Basis: ¥181.7 billion [US$1.9 billion]
Non-consolidated Basis: ¥146.0 billion [US$1.6 billion]
Employees
Consolidated Basis: 132,276
Non-consolidated Basis: 38,385
Consolidated Subsidiaries
183 (Japan 62, North America 28, Europe 34, Asia-Oceania 53,
South America/Others 6)
Affiliates under
the equity method
32 (Japan 13, North America 4, Europe 2, Asia-Oceania 11,
South America/Others 2)
*U.S.dollar amounts have been translated, for convenience only, at the rate of 94.05 yen = US$1,
the approximate exchange rate prevailing on March 29, 2013.
Billion is used in the American sense of one thousand million.
DENSO’s Operations (Domestic)
●…Thermal ■…Powertrain ●…Electronic ●…Information and Safety ■…Other
Postal Code Address
Telephone Business
Field
Number
Headquarters
448-8661
1-1, Showa-cho, Kariya, Aichi
0566-25-5511
(Operator)
Ikeda Plant
448-0044
5-1, Ikeda-cho, Karia, Aichi
0566-26-0011
(Operator)
●
2-1, Nagane, Sato-cho, Anjo, Aichi
0566-96-0011
(Operator)
■
Anjo Plant
446-8511
Nishio Plant
445-8502
1, Sumisaki, Shimohasumi-cho, Nishio, Aichi
0563-55-1111
●■
(Operator)
Takatana Plant
446-8507
1, Shinmichi, Takatana-cho, Anjo, Aichi
0566-73-8888
●●
(Operator)
Daian Plant
511-0296
1530 Monzen, Daian-cho, Inabe, Mie
0594-87-1111
■●
(Operator)
Kota Plant
444-0193
5, Maruyama, Ashinoya, Kota-cho, Nukata-gun, Aichi
0564-56-7711
(Operator)
●
●
Toyohashi Plant
441-8074
3-23, Akemi-cho, Toyohashi, Aichi
0532-44-2411
(Operator)
Agui Plant
470-2298
1, Yoshiike, Kusagi, Agui-cho, Chita-gun, Aichi
0569-49-1111
(Operator)
■
Zenmyo Plant
445-0034
100, Ipponmatsu, Zenmyo-cho, Nishio, Aichi
0563-55-5511
(Operator)
■
DENSO Research Laboratories 470-0111
500-1, Minamiyama, Komenoki-cho, Nisshin, Aichi
0561-75-1111
(Operator)
■
Nukata Proving Ground
1-2, Obou, Kiriyama-cho, Okazaki, Aichi
0564-84-2141
■
444-3431
[Office/Branch Office]
Tokyo Office/Tokyo Branch Office/Tokyo Branch Utsunomiya Office/Osaka Branch Office/Hiroshima Branch Office
As of March 31, 2013
28
Corporate Data
Operating Income
Net Sales
Consolidated
(billion yen)
Consolidated
(billion yen)
300
4,000
3,580.9
262.4
3,000
2,276.8
200
2,000
123.6
100
1,000
0
2009
2010
2011
2012
2009
0
2013(FY)
2010
2011
2012
2013 (FY)
−100
Net Income
Net Income per Share
Consolidated
(billion yen)
(Yen)
200
181.7
146.0
150
250
226.59
200
150
100
100
50
0
−50
50
2009
2010
2011
2012
0
2013 (FY)
2009
−50
−100
−100
Cash Dividends per Share
29
¥64
2010
2011
2012
2013 (FY)
Return on Equity
R&D Expenditures
(billion yen)
%
10
8.4
%
Ratio to Sales
500
10
9.4
8
400
R&D Expenditures
5
335.5
300
6
200
4
100
2
0
−5
2009
2010
2011
2012
2013 (FY)
0
2009
2010
2011
2012
2013 (FY)
Consolidated Sales
by Business Group
Consolidated Sales
by DENSO Company Locations
Industrial Systems/
Consumer Products
1.2％
1.8％
Other New Business
0.4％
0
South America/Others
Other Automotive
1.4％
Small Motors 7.2％
Electronic
Systems 9.6％
Powertrain
Control Systems
34.6％
Asia-Oceania
20.5％
Japan
Europe
9.7％
¥3,580.9 billion
Information
and Safety
Systems
16.1％
Thermal
Systems
29.5％
¥3,580.9 billion
50.5％
North America
17.5％
As of March 31, 2013
30
Global Network
Group Companies- Japan
Company
Company
■ ASMO CO., LTD.
■
■ ANDEN CO., LTD.
■
■ HAMANAKODENSO CO., LTD.
■
■ DAISHINSEIKI CO., LTD.
■
■ KYOSAN DENKI CO., LTD.
■
■ GAC CORPORATION
■ ASAHI MANUFACTURING CO., LTD.
■
■ SANKYO RADIATOR CO., LTD.
■
■ SHIMIZU INDUSTRY CO., LTD.
■
■ TECHMA CORPORATION
■
■ DENSO IWATE CORPORATION
■
■ DENSO AIR SYSTEMS CORPORATION
■
■ DENSO ELECTRONICS CORPORATION
■
■ DENSO ELECS CO., LTD.
■
■ DENSO KATSUYAMA CO., LTD.
■
■ DENSO KIKO CO., LTD.
■
■ DENSO MANUFACTURING KITAKYUSHU CO., LTD. ■
■ DENSO TAIYO CO., LTD.
■
■ DENSOTRIM CO., LTD.
■
■ DENSO EAST JAPAN CORPORATION
■
■ DENSO PREAS CORPORATION
■
■ DENSO REMANI CORPORATION
■
■ NIPPON WIPER BLADE CO., LTD.
■
■ MARCON DENSO CO., LTD.
■
■ IPICS CORPORATION
■
■ 3D INCORPORATED
■
■ DENSO EMC ENGINEERING SERVICE CORPORATION ■
■ DENSO IT SOLUTIONS, INC.
■
■ DENSO IT LABORATORY, INC.
■
■ DENSO ABASHIRI TEST CENTER CORPORATION ■
■ DENSO WAVE, INC.
■
■ DENSO WELL CORPORATION
■ DENSO SI CORPORATION
■ DENSO MTEC CORPORATION
■ DENSO E & TS TRAINING CENTER CORPORATION
■ DENSO CREATE, INC.
■ DENSO COMMUNICATIONS CORPORATION
■ DENSO FINANCE & ACCOUNTING CENTER CO., LTD.
■ DENSO SEIBI CO., LTD.
■ DENSO TECHNO CO., LTD.
■ DENSO POWERTRAIN TECHNOLOGIES CORPORATION
■ DENSO FACILITIES CORPORATION
■ DENSO YUSEN TRAVEL CORPORATION
■ DENSO UNITY SERVICE CORPORATION
■ DENSO LOGITEM CORPORATION
31
Group Companies- The Americas
Country/Region
U.S.A.
Company
■ DENSO INTERNATIONAL AMERICA, INC.
■ DENSO PRODUCTS AND SERVICES AMERICAS, INC.
■ DENSO MANUFACTURING MICHIGAN, INC.
■ DENSO MANUFACTURING TENNESSEE, INC.
■ DENSO MANUFACTURING ATHENS TENNESSEE, INC.
■ MICHIGAN AUTOMOTIVE COMPRESSOR, INC.
■ TBDN TENNESSEE COMPANY
■ ASSOCIATED FUEL PUMP SYSTEMS CORPORATION
■ DENSO WIRELESS SYSTEMS AMERICA, INC.
■ DENSO MANUFACTURING ARKANSAS, INC.
■ TD AUTOMOTIVE COMPRESSOR GEORGIA, LLC.
■ DENSO REINSURANCE AMERICA, INC.
■ ASMO NORTH AMERICA, LLC.
■ ASMO MANUFACTURING, INC.
■ ASMO NORTH CAROLINA, INC.
■ ASMO DETROIT, INC.
■ ASMO GREENVILLE OF NORTH CAROLINA, INC.
■ KYOSAN DENKI AMERICA, INC.
■ KYOSAN DENSO MANUFACTURING KENTUCKY, LLC.
■ SYSTEX PRODUCTS CORPORATION
■ SYSTEX PRODUCTS ARKANSAS COMPANY
■ DENSO AIR SYSTEMS MICHIGAN, INC.
■ NWB USA, INC.
Canada
■ DENSO MANUFACTURING CANADA, INC.
■ DENSO SALES CANADA, INC.
Mexico
■ DENSO MEXICO S.A. DE C.V.
■ DENSO AIR SYSTEMS DE MEXICO S.A. DE C.V.
Brazil
■ DENSO DO BRASIL LTDA.
■ DENSO INDUSTRIAL DA AMAZONIA LTDA.
■ DENSO MAQUINAS ROTANTES do BRASIL LTDA.
■ DENSO SISTEMAS TERMICOS do BRASIL LTDA.
■ PECVAL INDUSTRIA LTDA.
Argentina
■ DENSO MANUFACTURING ARGENTINA S.A.
As of June 30, 2013
32
History of DENSO
1949
Technical cooperation
with Robert Bosch
GmbH of Germany
Establishment of technical
training center
Establishes training center to
improve technical skills in line with
the belief that progress is achieved
through the development of people,
a concept that is followed to the
present day, with ongoing attention
to developing employees through
expert training in business and
technical skills in wide-ranging
fields.
Establishment of sales/
service office in Chicago
Becomes the first Japanese
automotive parts supplier to set up
an office in North America.
Establishment of first
overseas subsidiary company
near Los Angeles
Begins shipment of products
to European automotive
manufacturers
Begins shipping components such
as compressors and windshield
wipers.
35
1953
Establishment of
Nippondenso Co., Ltd.
(currently DENSO CORPORATION)
Begins manufacture and sales of
electrical components and radiators
for cars.
1954
1961
Receives the Deming Prize
Becomes the first among all
automotive parts suppliers in
Japan and only the second in
the automotive industry to be
awarded the Deming prize-the
most prestigious award for quality
control in Japan–following stringent
evaluation of all company efforts.
1966
1968
1971
1972
Establishment of IC Research
Center
Predicts that ICs (integrated
circuits) will become essential
for automobiles and sets up a
specialized research center, leading
to the development of the sensing
and control technology in which
DENSO excels today.
Establishment of first
overseas manufacturing
companies in Australia and
Thailand
Begins production of heaters and
related products in Australia and
electrical components, spark plugs
and air conditioners in Thailand.
Establishment of Nippondenso
(Europe) B.V. (currently DENSO
EUROPE B.V.) near Amsterdam
Opens Nukata Testing Center
1973
1977
1984
Builds own test track in Okazaki
City, Japan. Real-life testing in cars
becomes a key strength behind
DENSO products.
1985
Establishment of the DENSO
Philosophy
We embraced our original mission
statement and our basic business
policies to modernize our corporate
image.
1994
A DENSO employee
wins the Gold Medal
in the WorldSkills Competition
for the first time.
Today, 56 International Medalists
work with DENSO engineers,
sharing their skills and know-how
in the fields of development and
manufacturing technology. DENSO
recognizes the unique skills of both
engineers and technicians and their
importance in developing highquality products.
Establishment of Nippondenso
America, Inc. (currently DENSO
INTERNATIONAL AMERICA, INC.)
and the first overseas technical
center near Detroit
1995
Establishment of DENSO
International Singapore
Pte. Ltd.
(currently DENSO INTERNATIONAL
ASIA PTE. LTD.)
Renames company
DENSO CORPORATION
Changes name from Nippondenso
to DENSO, removing “Nippon” –
a Japanese word for Japan – in
anticipation of global business
expansion.
Development of
DENSO’s Long-term Policy 2020
Aiming to protect lives, preserve the
planet and prepare a bright future
for generations to come, DENSO
is placing greater emphasis on two
critical areas –the environment and
safety- to help realize an automotive
society with zero environmental impact
and no traffic accidents. DENSO will
also continue to develop products that
support the comfort and convenience
that the automobile provides to people.
In addition, DENSO is developing
non-automotive products using our
accumulated knowledge, technologies
and new innovations.
1996
2005
2013
Establishment of first
overseas regional training
center in Thailand
Established a training center in
Thailand for providing regional
employee training in all fields
including production, technology and
management.
Also, Thai representatives participated
in the WorldSkills Competition.
36
900101-582 42-2A