DENSO Acquires Full Stake in Certhon Group, a Greenhouse Provider Based in the Netherlands

KARIYA (Japan) ― DENSO Corporation has announced that it has acquired the full stake in Certhon Group, a Dutch horticultural facility operator, with the aim of accelerating the global expansion of its agricultural production business. In recent years, climate change and a decrease in the number of people taking up farming have led to unstable… Continue reading DENSO Acquires Full Stake in Certhon Group, a Greenhouse Provider Based in the Netherlands

DENSO Announces First Quarter Financial Results

KARIYA (Japan) ―DENSO, a leading mobility supplier, today announced global financial results for its first quarter, ending March 31, 2024: Consolidated revenue totaled 1,712.9 billion yen (US$11.8 billion), a 21.0 percent increase from the previous year. Consolidated operating profit totaled 94.4 billion yen (US$0.7 billion), a 48.3 percent increase from the previous year. Consolidated profit… Continue reading DENSO Announces First Quarter Financial Results

DENSO Begins Business Transfer Negotiations for Selected Product Operations

KARIYA, Japan (July 10, 2023) – DENSO Corporation today announced that it has concluded a memorandum of understanding (“MOU”) on starting negotiations for the transfer of selected internal combustion engine parts operations to Niterra Co., Ltd. The two parties reached a decision to sign the MOU during a board of directors meeting on July 10,… Continue reading DENSO Begins Business Transfer Negotiations for Selected Product Operations

TD Mobile, in which DENSO and Toyota Tsusho have invested, announcing transfer of cell phone sales and agency business to newly established subsidiary of ranet

KARIYA, Japan (July 10, 2023) DENSO Corporation and Toyota Tsusho Corporation (Toyota Tsusho) today announced that TD Mobile Corporation (TD Mobile), which is a joint venture of DENSO and Toyota Tsusho has concluded a company split agreement with a newly established subsidiary (the new subsidiary) of ranet Co.,Ltd. (ranet) in relation to its cell phone… Continue reading TD Mobile, in which DENSO and Toyota Tsusho have invested, announcing transfer of cell phone sales and agency business to newly established subsidiary of ranet

DENSO Announces Changes of Executive Responsibility

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DENSO Announces Changes of Executive Responsibility

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DENSO to Begin SOEC Demonstration at Hirose Plant to Produce and Use Green Hydrogen for Manufacturing

KARIYA, Japan (June 27, 2023) – DENSO Corporation today announced it plans to launch a pilot program in July at its Hirose Plant that uses an SOEC*1(Solid Oxide Electrolysis Cell), a DENSO-developed device that produces green hydrogen through electrolysis of high-temperature steam, to help power and increase the sustainability of its manufacturing operations. The trial… Continue reading DENSO to Begin SOEC Demonstration at Hirose Plant to Produce and Use Green Hydrogen for Manufacturing

Solid Oxide Fuel Cells, Which May Play a Key Role in Cutting CO2 Emissions — DENSO’s efforts to address two issues to improve the environmental performance

Two issues in improving the environmental performance of SOFCs I mentioned at the outset that SOFCs have a high operating efficiency. We have been working to further improve environmental performance. I’d like to explain two main issues. (While pointing to the slide) The first issue is to reuse the fuel at the exit of a… Continue reading Solid Oxide Fuel Cells, Which May Play a Key Role in Cutting CO2 Emissions — DENSO’s efforts to address two issues to improve the environmental performance

Thoroughly Eliminating Inefficiencies through Seamless Development from Materials to Systems — DENSO’s initiative to develop SOEC systems, which are indispensable for creating a hydrogen society

Supplying hydrogen cheaply using highly efficient, long-life systems Again, the system efficiency is plotted on the vertical axis. The service life, namely, the period until disposal of a system, is plotted on the horizontal axis. As I mentioned earlier, SOECs operate at high temperature, so they have problems in terms of durability. (If the durability… Continue reading Thoroughly Eliminating Inefficiencies through Seamless Development from Materials to Systems — DENSO’s initiative to develop SOEC systems, which are indispensable for creating a hydrogen society

Carbon Neutrality, DENSO’s Target by 2035 — Need for hydrogen, which is indispensable for decarbonization, and issues for widespread use

Reason why hydrogen is necessary I have talked about DENSO’s vision of carbon neutrality.Now, let me talked about why hydrogen is necessary. I mentioned earlier that we are developing batteries and CO2 capture technology as well. though. The pie chart on the left shows annual greenhouse gas emission volume. The leftmost blue segment represents the… Continue reading Carbon Neutrality, DENSO’s Target by 2035 — Need for hydrogen, which is indispensable for decarbonization, and issues for widespread use