Message from the President & CEO

I am now in my second year as president after being appointed in June 2023. I feel a sense of gratitude every day for the predecessors who built the DENSO of today, for the employees who currently support DENSO, and for all of our stakeholders. At the same time, I feel it is truly important for us to return to our universal starting point, which is our purpose as a company, and shift the gears of management accordingly.

The automotive industry is currently in an era of dramatic change, including vehicle electrification and the introduction of more intelligent vehicles. Even amid this period of constant change, we need to adopt our purpose and mission as a company as an unshakable core, based on which we will conduct consistent management for all of our corporate activities, including drafting management strategies and business policies and building a corporate culture.

We have adopted “Provide quality products and services” as one of the ideals of the DENSO Creed, which represents the spirit of our founding. This ideal is part of our unchanging DNA and serves as the starting point for our sustainability management. Inheriting this DNA, we believe that our purpose and mission is to resolve social issues in the fields of green and peace of mind, and doing so encapsulates the essence of implementing sustainability management.

With regard to green, we are striving to promote the widespread adoption of EVs. To that end, we are working to meet a wide range of electrification needs for automakers in each country around the world. At the same time, to meet the market needs in each region, which vary due to differences in energy needs, we will offer a diverse range of options across the industry, thereby contributing to the realization of a carbon-neutral society.

As for peace of mind, we are working to popularize advanced driver assistance systems (ADAS) with the aim of eliminating traffic accident fatalities. With that in mind, we will offer a broad range of products tailored to the specific circumstances of each country and region, where traffic infrastructure and rules and regulations differ. By doing so, we will commit ourselves to protecting as many lives as possible from traffic accidents as we work to realize a society where everyone can enjoy the benefits of safe and secure mobility.

Furthermore, guided by our management philosophy of green and peace of mind, we are pursuing technological development and commercialization in many other domains outside of mobility, including energy, factory automation (FA), and food and agriculture (AgTech). For example, in the energy domain, we are working to commercialize hydrogen-based energy with the aim of achieving a carbon-neutral society. As part of these efforts, we have commenced verification tests for the use of hydrogen at such locations as DENSO FUKUSHIMA CORPORATION and the Hirose Plant. By bringing together DENSO’s mobility technologies, we will work with our business partners to realize a hydrogen-based society that both preserves the global environment and enriches people’s lifestyles.

Our people are the driving force that have helped us overcome various challenges to date.

We will therefore seek to build a corporate culture where each employee engages in their work based on intrinsic action, feels a sense of fulfillment while doing so, and ultimately achieves growth. Through such a culture, we will enhance the capabilities of our employees.

To that end, we aim to create an environment that ensures that DENSO’s purpose and mission of “resolving social issues through the principles of green and peace of mind” resonates with each employee and that motivates them to achieve said purpose and mission. We also aim to foster a fulfilling work environment that values the motivation and intrinsic actions of all employees and encourages them to take on challenges. Creating this kind of corporate culture is my mission as manager, and, guided by this mission, I will advance sustainability management to continue to contribute to the creation of a sustainable society.

We ask for your continued support as we pursue these endeavors moving forward.

October 2024

Shinnosuke Hayashi
President & CEO
Representative Member of the Board