Denso Corporation will consolidate Denso International Asia (DIAS), its Singapore-based regional headquarters for the Asia and Oceania region, and Denso International Singapore (DISP), the Singapore-based subsidiary that is responsible for sales of aftermarket products in the Asia and Oceania and Middle East regions, from 1 April.
The consolidated company, DIAS, will oversee operations, including finance and distribution for group companies in Asia and Oceania, and aftermarket sales operations in the Asia and Oceania and Middle East regions.
Also from 1 April, Denso International Asia (DIAT), established in Thailand in February 2007 with 100% ownership by DIAS, will oversee and provide support in areas including accounting, procurement, human resources, and production for Denso group companies in Asia and Oceania, and conduct research and development activities.
“We aim to enhance the efficiency of our business operations and strengthen our competitiveness under the new business organisation,” said DIAS president and Denso managing officer Yoshikazu Makino.
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By GlobalData