DENSO Corporation - automotive industry company news 
JAPAN: Denso nine-month net income drops 71.9%
3 February 2012
Denso announced financial results for the nine months ending 31 December 2011 showing that onsolidated net income fell 72% year on year to JPY36.4bn (US$467.8m) and consolidated operating income was off 53% to JPY82.1bn on consolidated net sales down 6.1% to JPY2,214.4bn.
JAPAN: Yazaki secures DoJ deal to pay US$470m price-fixing fine in five tranches
1 February 2012
Japanese component supplier Yazaki says it will pay off its gargantuan price-fixing fine in five installments starting this year.
JAPAN: Yazaki top two return salaries as DoJ stuns with US$470m price-fixing fine
1 February 2012
Yazaki's chairman and president will return half of their salaries for three months in response to the US Department of Justice's (DoJ) enormous price-fixing fine.
JAPAN: Denso pays US$78m as DoJ imposes massive cartel fines
1 February 2012
Denso has concluded a plea agreement with the US Department of Justice (DoJ) and will pay a fine of US$78m based on charges it violated anti-trust laws in connection with sales of certain automotive components, specifically, certain body electronic control units and heater control panels to one of its customers.
US: "Pernicious cartel" sees Yazaki and Denso pay huge price-fixing fine
31 January 2012
Two Japanese suppliers of automotive electrical components -Yazaki and Denso -have agreed to plead guilty and to pay a total of US$548m in criminal fines for their involvement in multiple price-fixing and bid-rigging conspiracies in the sale of parts to automobile manufacturers in the US, the Department of Justice has announced.
DETROIT INTERVIEW: OESA president and CEO Neil De Koker (part 2)
12 January 2012
In the second of two interviews at this year's North American International Auto Show, Original Equipment Suppliers Association (OESA) president and CEO Neil De Koker talked to Simon Warburton. De Koker represents 410 companies with global automotive sales of US$300bn and outlined his views on the US political environment for OESA, oil prices and the effects of the Japanese earthquake.
DETROIT SHOW: Denso to create new US$57m Mexico plant
10 January 2012
Denso is to build a US$57 new plant in Mexico to manufacture air conditioning and heating units, with a view to expanding the site at a later stage.
DETROIT SHOW: US debt measures providing auto stability: Denso
9 January 2012
Resolution by the US Congress of ways to tackle the country's massive debt has provided a more stable environment in which the auto industry can grow, says Tier One supplier Denso.
JAPAN: Denso makes organisational changes
22 December 2011
Denso Corporation is to make several organisational changes effective 1 January, 2012 in a bid to improve competitiveness and drive growth.
December 2011 management briefing: Review of 2011 (part 1)
20 December 2011
Like any year in the auto industry, 2011 saw its fair share of company ups and downs, industrial comings and goings, and a fair old sprinkling of corporate drama. Added to the mix this year were devastating natural disasters. We covered it all on just-auto. Editor Dave Leggett sifts through the lot and picks out a few highlights from the year just gone, month by month. Part one covers the first half of the year.
JAPAN: Denso merges nine sales companies
14 November 2011
Denso is to consolidate its eight Japanese sales companies and its group company, Denso Ace Corporation, which sells residential central climate control systems and other products, into a single operation , tentatively known as Denso Sales Japan Corporation on April 1, 2012.
THE WEEK THAT WAS: Q3s and floods...
4 November 2011
I tend to view the quarterly results season, treated most seriously by US-based OEMs and suppliers, with a mixture of interest, resignation and dread.
JAPAN: Denso profits plunge after Japan 'quake
31 October 2011
Denso Corporation first fiscal half consolidated net sales totalled JPY1,409.1bn (US$18.4bn), an 11.4% decrease year on year, consolidated operating income totalled JPY 31.9bn (US$415.6m), a 74.4% fall, and consolidated net income fell 75.2% to JPY 23.3bn (US$303.8m).
JAPAN: Denso launches new stop/start starter
15 September 2011
Denso Corporation has developed a new tandem solenoid starter, claimed to shave "up to" 1.5 seconds off engine restart time compared to the supplier's previous models.
JAPAN: Denso cites earthquake for Q1 operating loss
1 August 2011
Denso has unveiled first quarter results today (1 August) showing consolidated net sales of JPY630.2bn (US$7.8bn), a 21.5% percent decrease from the previous year.
FRANCE: Valeo receives subpoena from US anti-trust authorities
26 July 2011
Valeo says one of its divisions has received a subpoena from the anti-trust division of the US Department of Justice asking for documents and information.
July 2011 management briefing: QUBE extracts (DAS)
22 July 2011
QUBE is just-auto's new online intelligence platform, providing real-time information, insight and analysis on the global automotive manufacturing industry. This month we provide extracts from component sectors covered in the new service, starting with Driver Assistance Systems.
JAPAN: Denso quiet on potential whistle-blowing to Fair Trade Commission
22 July 2011
Denso is remaining tight-lipped concerning reports it could have voluntarily given information about alleged price-fixing for components in Japan.
JAPAN: Denso, Mitsubishi Electric, probed by Japan Fair Trade Commission
20 July 2011
Denso and Mitsubishi Electric say they are "fully co-operating" with investigators from the Japan Fair Trade Commission (JFTC), which visited the companies today (20 July).
SOUTH KOREA: Denso plans R&D centre in Uiwang City
5 July 2011
Denso will spend US$56.5m (KRW60.3 bn) to build a research and development center in Uiwang City, Gyeonggi Province.
US: Denso announces Hikaru Sugi as America president and CEO
2 June 2011
Denso has today (02 June) unveiled Hikaru Sugi as its new president and CEO of Denso International America (DIAM), effective 22 June.
JAPAN: Toyota adds wrong-way driving alert
26 May 2011
With more than 1,000 incidents reported a year of motorists driving the wrong way and against the flow of traffic, Toyota has come up with a solution, co-developed with Denso and Aisin AW.
JAPAN: Moody's withdraws Denso Aa3 issuer rating
13 May 2011
Moody's Japan has withdrawn Denso's Aa3 long-term issuer rating with stable outlook and the P-1 short-term rating for Denso Corporation.
JAPAN: Denso fiscal year net profit up 95%
28 April 2011
Denso Corporation booked fiscal year net profit of net income up 94.8% to JPY143.0bn on sales up 5.2% to JPY3,131.5bn (US$37.7bn) while operating profit rose 37.8% to JPY188.3bn (US$2.3bn).
JAPAN QUAKE UPDATES [17:33GMT]: Nuclear crisis far from over, automakers again postpone production
22 March 2011
Japan's nuclear crisis appeared far from over as Reuters reported rising temperatures around the core of one of the reactors at Japan's quake-crippled Daiichi nuclear power plant in Fukushima prefecture had sparked new concern on Tuesday and more water was needed to cool it down, suggesting the battle to avert a disastrous meltdown and stop the spread of radiation was far from won. Meanwhile, Toyota and Honda again postponed vehicle production restarts to Sunday (27 March), Mitsubishi is uncertain beyond Friday (25 March) and consultants Frost & Sullivan described the effect on the global auto industry as "profound".
JAPAN: Denso resumes partial Japanese production
22 March 2011
Denso International America says production has partly restarted in Japan following the earthquake and has accounted safely for four missing employees.
JAPAN: Denso stops production, checks for missing staff
15 March 2011
Automotive parts manufacturer Denso says it has "basically suspended" production in Japan for today (15 March) and tomorrow, adding four of its employees were still unaccounted for.
US: Takata subsidiary raided by FBI in antitrust investigation
11 February 2011
The Auburn Hills (Michigan) offices of TK Holdings - Takata's North American operations subsidiary - were raided this week by FBI agents and Department of Justice officers as part of an antitrust investigation.
JAPAN: Denso Corporation posts strong Q3 results
7 February 2011
Denso Corporation has unveiled third quarter global financial results for the nine months to 31 December, with consolidated net income up 156% to JPY129.3bn (US$1.6bn).
RESEARCH ANALYSIS: Powertrain cooling system trends
27 January 2011
Demands on powertrain cooling product performance, packaging and cost are continually increasing. As automakers expect economical solutions that help reduce emissions from cars and trucks, Matthew Beecham reports on how the leading suppliers are responding.
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