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DENSO Announces Reorganization of Business Groups
and Product Divisions
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TOKYO-DENSO Corporation today announced changes to its business group organization, from its current four business group and one product division structure to a five business group structure. In addition to the current four business groups - Powertrain Control Systems, Electric Systems, Electronic Systems and Thermal Systems, DENSO will establish the new Information & Safety Systems Business Group. Further, current product divisions will be reorganized within the five business groups. These changes become effective Jan. 1, 2006.
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"Our goal is for these organizational changes to strengthen our technology development capabilities to develop products in response to the needs of our customers and society," said Koichi Fukaya, president and CEO of DENSO Corporation. "I believe that the new organization will allow us to effectively use DENSO's wide range of core technologies and expertise in automotive fields to strengthen our competitiveness."
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Details of the business groups are:
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The Information & Safety Systems Business Group will promote system development from the viewpoint of driver assistance by incorporating the divisions that develop and manufacture ITS products, safety systems, and body electronics. Mitsuharu Kato, managing officer of DENSO, is assigned to this new business group. |
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The Powertrain Control Systems Business Group will incorporate three divisions that develop and manufacture gasoline and diesel engine management systems and components, enabling system development approaches. DENSO Managing Officer Hiromi Tokuda will continue to oversee this business group. |
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The Electric Systems Business Group will incorporate two divisions related to automotive electrical products such as starters and alternators, and electric hybrid vehicle components, and aim for synergy between related technologies. DENSO Managing Officer Mineo Hanai will continue to oversee this business group. |
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The Electronic Systems Business Group will incorporate two divisions related to automotive electronic control systems including engine ECUs, electronic devices and integrated circuits, and aim for synergy in developing software and hardware for automotive electronic controls. DENSO Senior Managing Director Susumu Harada will continue to oversee this business group.
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The Thermal Systems Business Group will incorporate two divisions related to automotive heat exchange technologies including air conditioners and engine cooling components. DENSO Managing Officer Hikaru Sugi will continue to oversee this business group.
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In 1999, DENSO adopted the current business group-based management structure to speed up strategic decision-making by transferring responsibilities to each group and division.
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This organization change will be the first change to the business group structure since its inauguration in 1999.
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DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global supplier of advanced technology, systems and components. Its customers include all the world's major carmakers. Worldwide, the company employs 104,000 people in 31 countries and regions, including Japan. Consolidated global sales for the fiscal year ended March 31, 2005 totaled US$26.2 billion. DENSO common stock is traded on the Tokyo, Osaka and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.
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New business group organization chart:
| Business Groups |
Product Divisions |
| Powertrain Control Systems Business Group |
Fuel Injection Product Division, Engine Control Components Product Division, System Control Components Product Division |
| Electric Systems Business Group |
Engine Electrical Systems Product Division, EHV Components Product Division (from Powertrain Control Systems Business Group) |
| Electronic Systems Business Group |
Electronic Product Division, Electronic Device Product Division |
| Thermal Systems Business Group |
Air-Conditioning Product Division, Cooling Systems & Components Product Division |
| Information & Safety Systems Business Group |
ITS Product Division (currently an independent product
division), Driving Assist & Safety Product Division (from
Electric Systems Business Group), Body Electronics
Components Product Division (from Electronic Systems Business Group) |
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