Super GT Round 3 kicks off in Thailand
JCN Newswire - Wed Jun 17, 3:08AM CDT
Three DENSO-sponsored teams are competing at 2015 Super GT on June 20 and 21 at the Chang International Circuit in Thailand. Lexus Team SARD currently ranks 5th in the series (GT500 class) in both the driver and team categories. Subaru BRZ R&D Sport (GT300 class) finished 5th in this race last year despite starting from the last position on the grid. And TOYOTA PURIUS apr GT (GT300 class) won the opening round of the series this year.
DENSO Announces Year-end Financial Results
JCN Newswire - Tue Apr 28, 2:51AM CDT
DENSO Corp. today announced its global financial results for the fiscal year ending March 31, 2015:
DENSO to Relocate R&D Group Company Nippon Soken Inc.
JCN Newswire - Wed Apr 15, 12:22AM CDT
In an effort to improve its research and development (R&D) organization, DENSO Corp. will relocate Nippon Soken (SOKEN), a DENSO group company that conducts automotive product R&D. SOKEN, which is currently located in Nishio City in Aichi Prefecture, Japan, will be relocated to a new facility adjacent to DENSO Research Laboratories in Nisshin City in Aichi Prefecture. DENSO invested approximately 6 billion yen (approximately US$50 million) for the purchase of the land and facilities, and also plans to increase the number of personnel to help strengthen its R&D organization.
Toyota to get aggressive with global capacity
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DENSO Announces Third-quarter Financial Results
JCN Newswire - Tue Feb 03, 1:27AM CST
DENSO Corporation today announced its third quarter global financial results for the nine months ending Dec. 31, 2014:
DENSO to Adopt International Financial Reporting Standards
JCN Newswire - Tue Feb 03, 1:03AM CST
DENSO Corporation today announced that its board of directors has approved plans to voluntarily adopt the International Financial Reporting Standards (IFRS). The first document to use IFRS, in place of Japanese accounting standards, will be the consolidated financial statements in DENSO's Annual Securities report for the fiscal year ending March 31, 2015.
DENSO to Expand its Plant in Athens, Tennessee
JCN Newswire - Wed Jan 28, 10:12PM CST
Global automotive supplier DENSO is expanding DENSO Manufacturing Athens Tennessee for the production of gasoline direct injection products. The investment will be $85 million and the expansion area will be 20,800 square meter. The production is planned to start in July 2016. This expansion will result in about 400 new jobs.
DENSO to Exhibit at the 2015 North American International Auto Show
JCN Newswire - Wed Jan 07, 2:48AM CST
Global automotive supplier DENSO is exhibiting at the 2015 North American International Auto Show, held at Cobo Center in Detroit, Jan. 12-25. DENSO is showcasing products and technologies in the areas of safety and environment.
DENSO Invests in Turkish Manufacturer of Air Conditioners and Refrigerator System
JCN Newswire - Thu Dec 25, 8:52PM CST
DENSO Corporation today announced that it acquired a 50 percent stake in DJ COOL Corporation, a Turkish company that designs, manufactures, and sells air conditioning systems for bus and tractors and refrigerator systems, on October 14, 2014. DJ COOL was established in Turkey by Abdul Latif Jameel Co., Ltd. (ALJ), a major automotive distributor in the Middle East region. DENSO and ALJ had already established a joint venture, DENSO Abdul Latif Jameel, to manufacture and sell car air conditioning systems in Saudi Arabia in 2001.
Delphi Automotive: A Turnaround Story With Years Of +20% Returns
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DENSO Announces First-half Financial Results
JCN Newswire - Thu Oct 30, 10:59PM CDT
DENSO Corporation today announced its global financial results for the first half of the fiscal year ending Sept. 30, 2014:
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.