Apr 29, 2022 10:20 JST
Source: Denso
|
|
Year-End Review: DENSO Advances its Two Great Causes, Green and Peace of Mind
Achieving carbon neutrality and creating a safer world continue to guide DENSO's short- and long-term plans for the future of mobility
- DENSO continues to innovate for greener, safer, and more seamless mobility - Efforts support mobility supplier's goals to achieve carbon neutrality and reduce traffic accidents - DENSO shares its efforts beyond the auto industry to make the world a better place
KARIYA, JAPAN, Apr 29, 2022 - (JCN Newswire) - DENSO, a leading mobility supplier, today announced its global year-end financial results for its fiscal year ending March 31, 2022. DENSO's product and technology developments, partnerships, and other actions and achievements continue to be guided by its Two Great Causes: Green - achieving carbon neutrality by 2035 - and Peace of Mind - creating a safe and seamless world for all.
"This fiscal year was a year of desperate efforts to rebuild our business foundation. The current global situation is becoming increasingly uncertain. Next year will be another year that will test our ability to steer management," said Koji Arima, president and CEO of DENSO Corporation. "We will further strengthen our ability to respond to crises and changes and will collaborate with many partners, both in the parts industry and other industries, to realize carbon neutrality, digitalization and increase resilience to coexist with uncertain situation. We will take on the challenges of creating exciting society full of smiles."
Great Cause: Going Green
DENSO has always been committed to sustainability. As part of that commitment, DENSO is accelerating its efforts to achieve carbon neutrality in three fields: manufacturing, mobility products, and energy use. Activities that supported this included:
- Testing a CO2 circulation plant at its Anjo Plant's Electrification Innovation Center. The plant captures and recycles CO2, supporting DENSO's efforts to eliminate CO2 emissions from its facilities. - Expanding its alliance with Honeywell to develop, test, and fly electric propulsion systems for the urban air mobility segment. This supports both company's sustainability focus. - Providing key electrification products to Toyota and Subaru's all-new, all-electric bZ4X and SOLTERRA. The products help battery electric vehicles (BEVs) go farther, charge faster, and perform better. - Co-developing an eAxle used in Toyota's bZ4X. The product ultimately helps the vehicle increase its electric mileage. - Collaborating with United Semiconductor Japan Co., Ltd., on the production of power semiconductors to serve the growing electrification demand in the automotive market.
Great Cause: Bringing Peace of Mind
DENSO remains focused on building technologies and products that deliver safer solutions to everyone both on and off the road. Activities that supported this included:
- Improving vehicle sensing and safety with products for Advanced Drive, an advanced driver assistance technology featured on the new Lexus LS and Toyota Mirai. - Developing Global Safety Package 3, an active safety system that gives vehicles high-sensing capability of their surroundings. - Enhancing the performance and functions of its small stereo image sensor to improve the safety of light vehicles. - Discovering through joint research that DENSO's microalga can potentially destroy COVID-19 and other viruses. - Collaborating with universities to develop a biosensor that detects SARS-CoV-2.
Foundation of Two Great Causes: Creating a Better Society
To support and accelerate its Two Great Causes, DENSO strengthened its organizational foundation this fiscal year. During this time, DENSO expanded its focuses on software development and semiconductor procurement. Activities that supported this included:
- Upskilling 1,000 employees in software development and 2,000 in other growth areas. - Investing in Japan Advanced Semiconductor Manufacturing, Inc., to help stabilize semiconductor supplies. - Issuing the company's first sustainability bonds to promote sustainability management. The bonds are issued to finance activities that contribute to environmental and social sustainability.
In its new fiscal year, DENSO will continue to focus on enriching mobility and achieving sustainability and peace-of-mind for all.
About DENSO:
DENSO is a $45.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 198 facilities to produce electrification system, powertrain system, thermal system, mobility electronics, & advanced devices, to create jobs that directly change how the world moves. The company's 167,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered Kariya, Japan, DENSO spent 9.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2022. For more information about global DENSO, visit https://www.denso.com/global/en/.
Source: Denso Sectors: Automotive
Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
|
Latest Release
First-ever Mazda CX-80 Crossover SUV Unveiled in Europe Apr 19, 2024 13:50 JST
| Fujitsu develops technology to convert corporate digital identity credentials, enabling participation of non-European companies in European data spaces Apr 19, 2024 10:17 JST
| Mitsubishi Heavy Industries and NGK to Jointly Develop Hydrogen Purification System from Ammonia Cracking Gas Apr 18, 2024 17:01 JST
| Toyota Launches All-New Land Cruiser "250" Series in Japan Apr 18, 2024 13:39 JST
| Fujitsu and Oracle collaborate to deliver sovereign cloud and AI capabilities in Japan Apr 18, 2024 11:14 JST
| Eisai: Research on Treatments for Alzheimer's Disease Based on Its Pathological Mechanisms Recieves Award for Science and Technology (Research Category) Apr 18, 2024 10:53 JST
| All-New Triton Confirmed as First Double-Cab Pickup Truck to Achieve 2024 Five-Star ANCAP Safety Rating Apr 18, 2024 09:22 JST
| Eisai's Antiepileptic Drug Fycompa Injection Formulation Launched In Japan Apr 17, 2024 16:17 JST
| Honda Unveils Next-generation EV Series for China Apr 17, 2024 12:15 JST
| Lexus presents Time at the 2024 Milan Design Week Apr 16, 2024 18:49 JST
| Mitsubishi Corporation Announces Participation in a DAC Project in Louisiana, USA Apr 16, 2024 14:36 JST
| New circuit challenge for TOYOTA GAZOO Racing Apr 15, 2024 17:21 JST
| TOYOTA GAZOO Racing back on asphalt for Croatian challenge Apr 12, 2024 19:36 JST
| Heidelberg Materials North America Announces Latest Milestone in Edmonton CCUS Project Apr 12, 2024 14:39 JST
| MHIAEL Completes Expansion of the its Nagasaki Plant for Manufacture of Aero Engine Combustors Apr 11, 2024 18:08 JST
| Mitsubishi Shipbuilding Acquires Approval in Principle (AiP) from Classification Society ClassNK for Ammonia Fuel Supply System (AFSS) Apr 11, 2024 17:50 JST
| DOCOMO, NTT, NEC and Fujitsu Develop Top-level Sub-terahertz 6G Device Capable of Ultra-high-speed 100 Gbps Transmission Apr 11, 2024 15:10 JST
| Mitsubishi Corporation Announces Completion of Capital Raise by Nexamp Apr 11, 2024 13:07 JST
| Mitsubishi Shipbuilding Receives Order for Ammonia Fuel Supply System for Ammonia-Powered Marine Engine Apr 10, 2024 16:55 JST
| Transgene and NEC Present First Clinical Benefits of Neoantigen Cancer Vaccine, TG4050, in Head & Neck Cancer at AACR 2024 Apr 10, 2024 13:36 JST
|
More Latest Release >>
|