DNZOF News Alert Denso Corp Ltd Ord (DNZOF) 46.7400 09/28/2014

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Denso Corp Ltd Ord (DNZOF) 46.7400 $DNZOF

Judgment on the Rescission of the Supplementary Tax Assessment Order Based on the Application of the Anti-Tax Haven Taxation Rule
JCN Newswire - Fri Sep 05, 3:27AM CDT
DENSO Corporation, on June 28, 2010, received a supplementary tax assessment order from the Nagoya Regional Taxation Bureau, pursuant to the provisions of the Special Taxation Act concerning tax havens. The supplementary income assessment was approximately 11.4 billion yen, and the additional tax payment was approximately 1.2 billion yen, including the local government taxes, covering DENSO's Singapore subsidiary for the fiscal years ending March 2008 and 2009. DENSO, dissatisfied with the supplementary tax assessment order, has been filing a complaint with the Nagoya District Court for the rescission of the supplementary tax assessment order. On Sept. 4, DENSO received the judgment for this assessment.

DENSO to Participate at 2014 ITS World Congress
JCN Newswire - Wed Aug 27, 11:29PM CDT
Global automotive supplier DENSO Corp. will exhibit a variety of technologies at the 2014 Intelligent Transport Systems World Congress, held at Cobo Center in Detroit, Michigan, from September 7-11. To support DENSO's vision to have an accident-free and eco-friendly society, DENSO's exhibit theme is "Technology to keep people safe wherever they drive - Everyday Confidence, Extraordinary Safety." DENSO will showcase its technologies on Belle Isle in Detroit and on highway I-75 alongside the congress.

DENSO Acquires 34 Percent Stake of Hefei Dyne Auto Air Conditioner, a Chinese Aftermarket Compressor Manufacturer
JCN Newswire - Wed Aug 27, 4:55AM CDT
DENSO Corporation has acquired 34 percent stake of Hefei Dyne Auto Air Conditioner Co., Ltd., a compressor manufacturer in China, to help grow automotive aftermarket compressor business globally. DENSO completed the transaction on June 24, 2014.

DENSO Fined by the Canadian Court for Violation of the Canadian Competition Act
JCN Newswire - Thu Aug 21, 5:38AM CDT
On August 20, 2014 (Canada Eastern Standard Time), DENSO Corporation was ordered to pay a fine of CA$2.45 million (approximately 0.2 billion yen) by the Ontario Superior Court of Justice for violation of the Canadian Competition Act in connection with sales in Canada of certain body electronic control units (body ECUs) for motor vehicles.

China's National Development and Reform Commission Imposes Monetary Sanctions for Violation of Anti-Monopoly Law
JCN Newswire - Wed Aug 20, 5:19AM CDT
The National Development and Reform Commission (the NDRC) of China announced today that it decided to impose monetary sanctions on certain automotive suppliers for violation of China's Anti-Monopoly Law in connection with sales of certain automotive components.

DENSO Announces First-quarter Financial Results for Fiscal Year Ending June 30, 2014
JCN Newswire - Wed Jul 30, 10:03PM CDT
DENSO Corporation today announced its global financial results for the first quarter ending June 30, 2014:

DENSO Tests Advanced Driving Support Technology on a Public Road in Japan
JCN Newswire - Mon Jul 14, 2:12PM CDT
DENSO Corp. began testing advanced driving support technology on a public road in Aichi Prefecture, Japan this past June. DENSO is testing automated driving scenarios in a single lane and testing automatic lane changes, as well as other driving maneuvers.

DENSO Signs an MOU with Thai ITS Association to Ease Traffic Congestion and Reduce CO2 Emissions
JCN Newswire - Wed Jul 02, 12:27AM CDT
DENSO Corporation and DENSO International Asia Co. Ltd. (DIAT), a DENSO group company in Thailand, has signed a Memorandum of Understanding (MOU) in February 2014, with Thai Intelligent Transport System (ITS). This collaboration launched in March 2014 and will continue until March 2015. Its goal is to ease traffic congestion through the use of Vehicle-to-Vehicle and Vehicle-to-Infrastructure (V2X) communications.

DENSO Expands Presence in Mexico
JCN Newswire - Mon Jun 30, 10:02PM CDT
DENSO Corp. today announced that DENSO MEXICO S.A. DE C.V. (DNMX) will expand its plant in Apodaca, Nuevo Leon, Mexico, to increase production of transmission components in the North American region. The expansion represents an investment of US$53.8 million, (about 5.38 billion yen) which will add 8,200 square meters of space and 500 jobs by 2018. The plant will begin production in December 2015.

DENSO to Rename Its Three Manufacturing Companies
JCN Newswire - Wed Feb 12, 4:21AM CST
DENSO Corporation will rename its three manufacturing companies in Japan; DENSO Electronics Corporation to DENSO Hokkaido Corporation, DENSO Manufacturing Kitakyushu Co., Ltd. to DENSO Kyushu Corporation and DENSO East Japan Corporation to DENSO Fukushima Corporation. The changes will be effective from April 1, 2014.

DENSO Announces Third-quarter Financial Results
JCN Newswire - Tue Feb 04, 6:42AM CST
DENSO Corporation today announced its third quarter global financial results for the nine months ending Dec. 31, 2013:

Hino and DENSO Jointly Develop the World's First Electric Refrigerator System for Heavy-duty Trucks Using a Hybrid Unit
JCN Newswire - Wed Jan 29, 3:48AM CST
Hino Motors, Ltd. (Hino) and DENSO Corporation (DENSO) have jointly developed the world's first electric refrigerator system for heavy-duty trucks using a hybrid unit. This system is used in the Hino Profia, which will be released on Feb. 1, in Japan.

DENSO Announces Issuance of Unsecured Straight Bonds
JCN Newswire - Thu Jul 18, 1:16AM CDT
DENSO Corporation today announced the issuance of its eighth unsecured straight bonds with inter-bond pari passu clause.

DENSO Invests Approximately $51.4 Million to Expand Silao Mexico Plant
JCN Newswire - Thu Jul 11, 8:38AM CDT
Global automotive supplier DENSO is investing approximately $51.4 million to expand its operations and add about 450 new jobs, at its DENSO Mexico S.A. de C.V. (DNMX) manufacturing facility in Silao, Guanajuato, Mexico. The investment represents the addition of a new product line to make alternators for its North American customers as they are ramping up production in the region. The new line is scheduled to start production in October 2014.

DENSO Wins Medals at the 42nd WorldSkills Competition
JCN Newswire - Mon Jul 08, 1:35PM CDT
DENSO Corporation and DENSO's subsidiary DENSO E&TS Training Center, which is responsible for providing engineering and technical training for DENSO employees, won two gold medals in the Plastic Die Engineering and CNC Turning categories at the 42nd WorldSkills Competition. The competition was held in Leipzig Germany, July 2-7, 2013.

DENSO Develops a New Diesel Common Rail System with the World's Highest Injection Pressure
JCN Newswire - Wed Jun 26, 2:32AM CDT
Global automotive supplier DENSO Corporation has developed a new diesel common rail (DCR) fuel injection system with the world's highest* injection pressure of 2,500 bar. Based on DENSO's research, the new system can help increase fuel efficiency by up to 3 percent while also reducing particulate matter (PM) by up to 50 percent and nitrogen oxides (NOx) by up to 8 percent. This is compared to DENSO's previous generation system. The new DCR system will launch-to-market later this year on passenger, commercial, agricultural and construction vehicles worldwide.

DENSO Develops New Laser Radar
JCN Newswire - Fri May 10, 8:43AM CDT
Global automotive supplier DENSO Corporation has developed a smaller and more cost-effective laser radar, which is an active safety technology that will help avoid low-speed collisions. DENSO's new laser radar is used as a sensor for the Smart Assist System* of the Daihatsu Move, a compact vehicle released in the Japanese market last December.

DENSO East Japan to Expand Its Plant
JCN Newswire - Thu Apr 18, 6:32AM CDT
To meet the increasing production of vehicles in East Japan, DENSO East Japan Corporation, a subsidiary of DENSO Corporation, will triple the size of its manufacturing plant by three times its size. DENSO East Japan will produce engine cooling modules (ECMs) and other automotive products, in addition to its current production of air conditioning systems. The new facility represents an investment of approximately 8.7 billion yen (approximately US$92.5 million) and the number of employees is planned to double from the current 110 to about 220 by 2016.

DENSO to Exhibit at Auto Shanghai 2013
JCN Newswire - Tue Apr 09, 6:57AM CDT
Global automotive supplier DENSO Corporation will exhibit at the 15th Shanghai International Automobile Industry ExhibitionTo out site (Auto Shanghai 2013), in Shanghai from Apr. 21 to 29. DENSO's exhibit, which is located in Hall N5 (booth number B015), will introduce technologies and products that focus on improving fuel efficiency, reducing emissions and helping improve occupant and pedestrian safety.

DENSO to Establish New Company in Poland to Produce Instrument Clusters
JCN Newswire - Thu Mar 28, 2:45PM CDT
To strengthen its manufacturing footprint of instrument clusters in Europe, DENSO Corporation will establish a new company that makes instrument clusters in Myslowice, Poland, on April 5, 2013. DENSO's investment in the new company will total 16.1 million Polish zloty (approximately US$5.1 million*), and DENSO expects to employ approximately 70 people by the fiscal year ending March 31, 2016.




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