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/.
Sectors: Automotive
Copyright ©2022 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
|
Latest Release
 NEC and Juniper Networks Deploy Algeria Telecom's Nationwide 5G-Ready IP Metro Network May 25, 2022 17:50 JST
|  Hitachi and Hitachi Astemo Developed Thin-type Inverter Technology for EVs That is More Compact and Energy Efficient  May 25, 2022 11:02 JST
|  DENSO, Honeywell Co-Develop E-Motor for Lilium's All-Electric Jet May 25, 2022 10:01 JST
|  Toyota Announces May/June Production Suspension and June Production Plan May 24, 2022 13:53 JST
|  NEC Provides AI-based Traffic Monitoring System with Fiber-optic Sensing Technology for NEXCO CENTRAL May 24, 2022 11:27 JST
|  Mitsubishi Corporation signs Participation Agreement with Sempra Infrastructure, TotalEnergies, Mitsui for Carbon Sequestration Project in Louisiana May 24, 2022 10:10 JST
|  Hitachi launches Lumada Inspection Insights and strengthens digital and green portfolio May 24, 2022 09:16 JST
|  Project-Finance Agreement Signed for MC-Hokuden Hydro Power Alliance May 23, 2022 11:15 JST
|  Mitsubishi Motors to Launch the All-New eK X EV in Japan  May 23, 2022 09:36 JST
|  NEC and Toyota Technical Development Develop Stable Wireless Control System for Cars and other Moving Objects in Factories May 23, 2022 09:24 JST
|  MC and Morgenrot Enter into Capital and Business Alliance May 20, 2022 20:19 JST
|  ROOKIE Racing and TOM'S SPIRIT Announce Team Setups for Super Taikyu Series Fuji 24 Hours Race May 20, 2022 13:42 JST
|  MC and Kurashiki City Sign Regional Development Agreement May 20, 2022 10:55 JST
|  BDO announces winners of the BDO ESG Awards 2022 May 19, 2022 22:20 JST
|  MHI-MS Introduces the New "MC" Flexo Folder Gluer: The Latest Innovation from the World's Leading Industrial Firm May 18, 2022 20:36 JST
|  Lexus to Unveil All-New RX on June 1, 2022 May 18, 2022 19:38 JST
|  Fujitsu Signs Strategic Collaboration Agreement with AWS to Accelerate Digital Transformation in Finance and Retail Industry May 18, 2022 14:51 JST
|  Yew Lee Pacific Group Berhad Launches Prospectus for ACE Market IPO May 17, 2022 13:30 JST
|  Alba Signs Agreement with Mitsubishi Power & SEPCOIII as EPC Contractor for Block 4 in Power Station 5 May 17, 2022 12:26 JST
|  Fujitsu and RIKEN start joint research on next-generation IT drug discovery technology using the supercomputer Fugaku and simulation integrated AI May 17, 2022 11:32 JST
|
More Latest Release >>
|