Denso Corporation said from 1 July 2018 it would integrate the management of two group companies: Denso Preas Corporation and Denso Kiko, both of which manufacture metal press-worked parts.
Denso said: "The business environment will tremendously change in the future with the advancement of the electrification of automobiles and automated driving. Therefore, it will become even more necessary to develop press-worked parts required for new technologies and to begin local production in overseas regions where the market is expected to grow.
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"To develop more competitive press-worked parts, Denso reached the conclusion that the aforementioned companies, each of which has excellent manufacturing assets, must be integrated to form a core press working company while further strengthening collaboration with Denso, which is proud of its high-accuracy moulds.
"The integrated company will enhance mass production technologies and manufacturing capabilities through closer collaboration with respective sections of Denso and make a contribution to realising an environmentally friendly, safe, and comfortable mobility through press-worked parts that support electrified systems and automated driving systems."
