Dec 24, 2008
DENSO Announces New Group for Procurement Activities
KARIYA (Japan) - DENSO Corporation today announced that it will establish a Procurement Group as part of its business organization. The change will become effective Jan. 1, 2009.
"Our goal for this organizational change is to concentrate our procurement functions and further strengthen expertise in that area," said Nobuaki Katoh, president and CEO of DENSO Corporation.
With the change, the Procurement Department, currently part of the Corporate Center, and the procurement functions in each business group will be moved to the Procurement Group.
The Procurement Group will be added to DENSO's current business organization consisting of: Corporate Center; Administration Center; Engineering Research & Development Center; Production Promotion Center; Sales Group; Powertrain Control Systems Business Group; Electric Systems Business Group; Electronic Systems Business Group; Thermal Systems Business Group, and Information & Safety System Business Group.
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 approximately 119,000 people in 32 countries and regions, including Japan. Consolidated global sales for the fiscal year ended March 31, 2008 totaled US$40.2 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.