Company type | Public (K.K) |
---|---|
Industry | Automotive (Passenger/ Commercial Vehicle) parts |
Founded | December 16, 1949 |
Headquarters | Kariya, Aichi, Japan |
Key people | Koji Arima[1] (Chairman&CEO) Shinnosuke Hayashi (President and COO) Yasushi Matsui (Vice President) |
Revenue | ¥5,108.291 billion (2018)[2] |
¥412.676 billion (2018)[2] | |
¥320.561 billion (2018)[2] | |
Total assets | ¥5,764.417 billion (2018)[2] |
Total equity | ¥3,447.082 billion (2017)[2] |
Owners | Toyota Motor (24.77%)[3] Toyota Industries (8.72%) |
Website | www |
DENSO Corporation (株式会社デンソー, Kabushiki-Gaisha Densō) is a global automotive components manufacturer headquartered in the city of Kariya, Aichi Prefecture, Japan.[4]
After becoming independent from Toyota Motor, the company was founded as Nippon Denso Co. Ltd. (日本電装株式会社, Nippon Densō Kabushiki-Gaisha) in 1949. About 25% of the company is owned by Toyota.[5] Despite being a part of the Toyota Group of companies, as of the year ending March 2016, sales to the Toyota Group accounted for less than 50% of total revenue (44% of revenue originated from other car manufacturers in Japan, Germany, the U.S. and China).[6] In 2023, DENSO was the second largest auto parts supplier in the world.[7]
In 2022, DENSO was listed at #278 on the Fortune Global 500 list with a total revenue of $49.0 billion and 167,950 employees.[8]
As of 2021,[update] DENSO consisted of 200 consolidated subsidiaries (64 in Japan, 23 in North America, 32 in Europe, 74 in Asia, and seven in Oceania and other regions).