Date Founded



1-1 Showa-cho,Kariya, Aichi 448-8661

Type of Company


Employees (Worldwide)



Auto Parts & Tires
Wholesale: Industrial Products & Manufacturing
Electrical Products
Computer Software

Company Description

DENSO Corp. engages in the manufacture and sale of automotive component and systems, industrial products, and home appliances. It operates through the following business divisions: Automotive, Consumer Products, Industrial Products, and New Business Fields. The Automotive division develops and manufactures powertrain control systems, gasoline and diesel engine management systems, semiconductor sensors, micro electronic devices, car and bus air conditioning systems, telematic products, body electronics, windshield wiper systems, power windows, power steering, and power sliding doors. The Consumer Products division offers CO2 refrigerant heat-pump water heaters, central air conditioners, and home energy management systems (HEMS). The Industrial Products division provides factory automation products such as industrial robots and programmable logic controllers. It also handles automatic identification products such as bar-code readers, quick response (QR) code readers, and integrated circuit (IC) card-related products. The New Business Fields division deals with energy management, agriculture technology, security, community network solution, healthcare, biotechnology, and electric power assistance technology. The company was founded on December 16, 1949 and is headquartered in Kariya, Japan.

Executives & Employees

Senior Executive Director & Chief Customer Officer

Director, President & Chief Executive Officer

Executive Director

Senior Executive Officer & Chief Executive Officer-Australia Area

Executive Vice President, Chief Risk Officer & Director

Chief Information Security Officer

Senior Executive Officer, Chief Software Officer, General Manager of Software Innovation Department, Head of Electronics Pf & Software in Mobility Systems Group & President of Denso Create Inc

Senior Executive Officer & Head-South Korea

Head of North America Human Resources Department

Executive Officer & Head-Gasoline System

Board of Directors

President & Chief Executive Officer at Toyota Motor Corp.

Director, President & Chief Executive Officer at DENSO Corp.

President & Representative Director at Japan Securities Finance Co., Ltd.

Outside Member, Board of Directors at DENSO Corp.

Senior Executive Officer at DENSO Corp.

Executive Vice President, Chief Risk Officer & Director at DENSO Corp.

Senior Executive Officer, Chief Human Resources Officer & Head of General Administration & Human Resource Center at DENSO Corp.

Senior Executive Officer, Head of Thermal Systems Business Group at DENSO Corp.

Senior Executive Officer, Chief Corporate Revolution Officer, Chief Quality Officer & Head of Safety, Quality & Environment Center, Environment Neutral Systems Development Division, Fc System Business Development Division & Cv&Oh Division at DENSO Corp.

Director at Dai-ichi Life Holdings, Inc.

Paths to DENSO Corp.
Potential Connections via
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Owners & Shareholders
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NAM employs a team approach, active management that focuses on fundamental research. The firm offers a broad range of equity strategies, including Core, Value, and Growth. The investment approach of the Core strategy combines a bottom-up, relative value approach with rigorous fundamental research on individual stocks and a top-down overlay. The Value strategy is purely a bottom-up approach without sector constraints where the quality of stock selection is paramount. NAM aims to add value by investing in stocks they consider to be undervalued with potential and strength. The Growth strategy focuses on return on equity (ROE) level and sustainability and fundamental strength. The firm also offer strategies that focuses on specific capitalization ranges (i.e., small cap), sectors and countries or particular geographic regions.

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Daiwa Asset Management conducts in-house research and has a strong global research network. Their investment management philosophy is based on a mid-to-long-term perspective in which they try to identify hidden values which are not yet fully recognized in the market. The firm takes a balanced approach emphasizing both fundamental and quantitative analysis. They pursue stable excess mid-to long-term returns through suitable risk control, which they separate from investment management to ensure that the risk control system adequately monitors their investment process. Daiwa Asset Management’s research team analysts and portfolio managers discuss, evaluate and communicate market events and investment opinions, seeking to maximize portfolio performance. Company visits are important components of their bottom-up research process and are a primary source for their fundamental analysis.

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MUFJ-AM is an active, value-oriented manager which follows a variety of investment styles, depending on portfolios. The firm invests globally across asset classes with a strong focus on Japan, targeting undervalued companies. They also invest marginally in Europe particularly in the UK and in Asia. Their investment philosophy emphasizes fundamental research, the expertise of portfolio managers and a stringent risk control process. MUFJ-AM focuses on long-term risk-adjusted returns and use momentum analysis as a determinant for investment decisions.

Recent Transactions
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DENSO Corp. purchases Jeco Co., Ltd.

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DENSO Corp. purchases Aisan Industry Co., Ltd. from Toyota Motor Corp.

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Aisan Industry Co., Ltd. purchases Denso Corp. /Fuel Pump Module Business from DENSO Corp.

Transaction Advisors

Advised onDENSO Corp. purchases Doowon Climate Control Co., Ltd.

Legal Advisor

Advised onDENSO Corp. purchases Jeco Co., Ltd.


Advised onDENSO Corp. purchases Aisan Industry Co., Ltd. from Toyota Industries Corp.

Advisors & Consultants
Legal Advisor

Partner at Davies Ward Phillips & Vineberg LLP


Professor at Carnegie Mellon University

Legal Advisor

Partner at Davies Ward Phillips & Vineberg LLP


Hyundai Motor Co., Ltd. engages in the manufacture and distribution of motor vehicles and parts. It operates through the following business areas: Vehicle, Financial and Others. The Vehicle division offers motor vehicles. The Financial division provides financing, leasing and credit cards. The Other division includes manufacture of railways. The company was founded on December 29, 1967 and is headquartered in Seoul, South Korea.

General Motors Co. engages in the designing, manufacturing, and selling of cars, trucks and automobile parts. It also provides automotive financing services through General Motors Financial Company, Inc. The firm operates through the following segments: GM North America, GM International, Cruise and GM Financial. The company sells vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Wuling, Maven, and OnStar brands. General Motors was founded by William C. Durant on September 16, 1908 and is headquartered in Detroit, MI.

Ford Motor Co. engages in the manufacture, distribution, and sale of automobiles. It operates through the following three segments: Automotive, Mobility, and Ford Credit. The Automotive segment engages in developing, manufacturing, marketing and servicing of Ford cars, Lincoln vehicles. The Mobility segment includes Ford Smart Mobility LLC and autonomous vehicles business. The Ford Credit segment comprises Ford Credit business on a consolidated basis, which is primarily vehicle-related financing and leasing activities. The company was founded by Henry Ford on June 16, 1903 and is headquartered in Dearborn, MI.

Key Stats and Financials As of 2021
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JOLED, Inc. engages in the research, development, manufacture and sale of organic electroluminescent display panels, as well as their parts, materials, manufacturing equipment and its related products. The company was founded on January 5, 2015 and is headquartered in Tokyo, Japan.

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Yamaha Livingtec Corp. designs, constructs and manufactures bathroom and kitchen systems water basins, lavatory, toilets, and bathtubs. It sells construction material and custom made furniture. The company was founded on October 1, 1991 and is headquartered in Hamamatsu, Japan

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Blaize, Inc. provides artificial intelligence solutions. It develops hardware computing platforms for augmented reality, drones, and automobiles. The company was founded by Dinakar C. Munagala and Ke Yin and is headquartered in El Dorado Hills, CA.

Modine Manufacturing Company, Inc. Industrial Machinery & Manufacturing | Racine, WI

Modine Manufacturing Co. engages in provision of thermal management solutions. It operates through the following segments: Heavy-Duty Equipment(HDE), Automotive, Commercial and Industrial Solutions (CIS), and Building HVAC Systems (BHVAC). The HDE segment provides powertrain and engine cooling products, including, but not limited to, radiators, charge air coolers, condensers, oil coolers, EGR coolers, fuel coolers, electronics cooling packages, and battery thermal management systems to OEMs in the commercial vehicle, off-highway, and automotive and light vehicle markets in North America, South America, Europe, and Asia. The Automotive segment provides powertrain and engine cooling products, including, but not limited to, radiators, charge air coolers, condensers, oil coolers, and EGR coolers, to OEMs primarily in the automotive and light vehicle markets in North America, Europe, and Asia. The VTS segment provides engineered heat transfer systems and components for use in on- and off-highway original equipment. The CIS segment offers thermal management products, including customized coils and coolers. The BHVAC segment includes heating, ventilating, and air conditioning products, primarily for commercial buildings and related applications. The company was founded by Arthur B. Modine on June 23, 1916 and is headquartered in Racine, WI.

Norsk Hydro ASA Alternative Energy | Oslo, Norway

Norsk Hydro ASA engages in producing and supplying alumina and primary aluminum. It operates through the following segments: Bauxite & Alumina; Primary Metal; Metal Markets; Rolled Products; Extruded Solutions; Energy; and Other Eliminations. The Bauxite & Alumina segment include bauxite mining activities, sourcing arrangements, and alumina commercial operations. The Primary Metal segment focuses on the production, remelting and casting activities of aluminum. The Metal Markets segment involves all sales and distribution activities relating to products from its primary metal plants and operational responsibility. The Rolled Products segment consists of rolling mills located in Europe. The Energy segment manages captive hydropower production, external power sourcing arrangements to the aluminum business and identifying and developing energy solutions. The Extruded Products segment relates to extrusion based business, located mainly in Europe and the Americas, which is focused on delivering solutions to the building and construction, transportation, and engineered products industries. The company was founded on December 2, 1905 and is headquartered in Oslo, Norway.

TeleCommunication Systems, Inc. Consumer Services | Annapolis, MD

TeleCommunication Systems, Inc. engages in the provision of commercial and government solutions to the public safety, location, and mission-critical technologies. The company was founded by Maurice B. Tosé on July 30, 1987 and is headquartered in Baltimore, MD.

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