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orporate roe C eae To provide a better future for the next generation amid a paradigm shift, which occurs once every 100 years, we will reaffirm our significance to society o delier a etter tre to te as we accelerate sustainability management—the management ideology next eneration tro or prodt we have adopted since our founding—going forward. and erie e ill or it paion and exiteent to realie an enried oile oiet and ontrite to te tainale rot o tat oiet Look at the world with a brighter vision for the future. Cherish nature and learn to live together in harmony. Welcome changes and meet challenges unafraid. oi Aria Embrace diversity and cooperate to enhance technologies. Preident C More than ever before, we will value the DENSO tradition of Monozukuri as we pursue new value and create new “Cores” for years to come. After all, everything we do is to provide a better future for the next generation. 01 For details, please see the DENSO Integrated Report 02 DENSO Philosophy Foundation Major Points for Understanding DENSO Contributing to a better world DENSO Spirit Expansive Business Domains Boldly taking on new challenges Clearing the way for future automobiles by creating value together with no matter what the circumstances through DENSO’s six core businesses that create The DENSO Spirit is one of foresight, credibility, and collaboration. It also green value and provide peace of mind embodies the values and beliefs that DENSO has cultivated since its Since its founding, DENSO has promoted the development of advanced founding in 1949. The DENSO Spirit permeates the actions of all DENSO technologies related to automobiles. At the same time, the Company has employees around the world. a vision for the future expanded its business domains by applying these technologies in various fields. Other Automotive Non-automotive Business (Factory Automation / Agriculture, etc.) Thermal Sensing System, Number of DENSO Employees Systems Semiconductor Consolidated Practicing the DENSO Spirit DENSO Spirit Revenue Mobility Systems 170,000 4.9trillion A spirit of foresight, credibility and collaboration Powertrain Electrification Systems Systems The DENSO Spirit expresses values and beliefs shared by our employees around the world that have driven us to contribute to the automotive industry Research and Development, Global Business Foundation and society as a whole since our establishment in 1949. Monozukuri, and Hitozukuri Leveraging our global foundation to bring We are committed to happiness to people around the world and create a creating the best products better tomorrow DENSO’s three greatest strengths are its R&D, Monozukuri Aiming to be a company that can meet the needs of its various customers (the art of making things), and Hitozukuri (human resource development). around the world and earn their trust, DENSO has expanded its business with Foresight Credibility Collaboration By having these strengths complement each other, DENSO is able to push 200 consolidated subsidiaries in 35 countries and regions across the globe. Providing surprises and Providing quality and Achieving the highest forward with its business activities and provide new value to society. impressions in a way reliability beyond results by working Number of Patents Held Globally that only DENSO can customer expectations as a team Ratio of Overseas Ratio of Overseas Revenue to Total Employees* Vision Quality First Communication 40,000 Revenue Number of Medals Won at % Creativity On-site Verification Teamwork % 53 World Skills Competitions 48 Challenge Kaizen, Human Development Continuous Improvement 69 * Ratio of employees at overseas subsidiaries to total employees 03 04 DS as ormuated te oterm oicy ic serves as a visio or at te ompay aims to be by additio to maimii te vaue e provide trou oterm ree ad peace o mid to o our covetioa areas o ocus e ave adopted te oicy e teme o ispiri uided by tese tree temes e i strive to ai te uderstadi o our sareoders reardi te various eorts e pursue By combii te strets e possess uder eac teme e i eerate e vaue or society oan rinin hope or the uture or our panet societ an a peope Our oa or A company a coninuously geneaes value o enic moiliy a acieves susainailiy appiness and peace o mind o eveyone eace reen reen o min asti vitaity or te eviromet Coniue o susainailiy y inceasing eciency and educing envionmenal impac eace o min rovidi a sese o ebei Coniue o uue moiliy a is sae moe comoale and convenien o eveyone nspirin nspirin Mai a dierece Coniue o appiness o eveyone oug inspiing valueadded oeings rincipes Approach Attitue Appoac and Aiude o acievemen o goals Open air eiae assion or ad i ad it Deiver vaue or a ar peopes codece ision diverse parters to peope ordide by oeri vaue tat nitiatie eric society trasceds epectatios ontriute to an enriche ae the initiatie in enerate aue that aresses moie societ enironmenta stearship atent nees A proactie sense o utiate reationships to roie moiit or a peope oiie comprehensie commitment to aress share oas ae smart unctionait the technooica capaiities chaene or a Epore ne usiness es stanar Assert a commanin ee in manuacturin riht uture In order to fulfill our slogan of “Bringing hope for the future for our planet, society and all people”, DENSO is focusing on the fields of electrification, advanced safety and Four Focus autonomous driving, and connected driving. We are also working to provide new Fields mobility value and establish factory automation and agriculture as our non-automotive businesses. In these ways, we are contributing to the improvement of industrial and social productivity. Electrification Advanced Safety and Autonomous Driving Provided Value Provided Value Reducing environmental burden Realizing a safe society without accidents, and realizing highly efficient mobility and free and comfortable mobility DENSO has been engaged in the development DENSO aims to create a mobile society of electric vehicle systems that are eco- without accidents and in which all people friendly and enable even more comfortable can move safely and with peace of mind. travel. As a result, DENSO has realized high Guided by this aim, DENSO has functioning, compact, and fuel-efficient developed reliable, high-quality safety products that are essential for hybrid vehicles technologies. By enhancing our long- and is producing these products around the cultivated sensing technologies as well as world. Going forward, we will leverage our our AI and information technologies, we expansive business domains to form linkages will further contribute to the between various in-vehicle systems and development of autonomous driving. products in an effort to efficiently manage Maintaining our firm commitment to energy within vehicles. In this manner, we will quality, which we have adopted since our further improve fuel efficiency and contribute founding, we will deliver genuine peace of to the conservation of energy. mind for the future of the mobile society. Connected Cars Non-Automotive Businesses (Factory Automation and Agriculture) Provided Value Provided Value Realizing a new mobile society Contributing to improved social that connects vehicles, people, and goods and industrial productivity Amid the major transition from the trend DENSO has a solid track record of of owning a vehicle to the trend of using introducing factory automation (FA) a vehicle as a service, DENSO is pursuing systems in 130 factories. Leveraging this efforts in the Mobility-as-a-Service record, we will propose and provide FA (MaaS) business, which involves providing systems that can meet the diverse needs mobility services that move people and of our customers, thereby making goods. Going forward, we aim to provide extensive contributions to the safe, secure, and efficient transportation development of the manufacturing / Business Overview / methods with low environmental burden industry. Also, with the aim of delivering for people with vehicles and for those happiness to all people through without, thereby contributing to the agriculture, we will draw on the expertise realization of anew mobile society. and know-how we have cultivated in the automotive field to offer new value in agricultural fields. 07 08 herma stems oertrain stems roiin sae comortae sstems that roiin soutions that hep oercome use the east amount o ener possie the seemin contraictie tas o in consieration o the enironment aancin the o o riin ith supe rior enironmenta perormance DENSO is using is eensive Busiess Activities To educe e envionmenal uden o Busiess Activities epeience in emal sysems o adap Developmen and poducion o aicondiioning sysems o cas and uses veicles o e geaes een possile Developmen and manuacue o gasoline and diesel engine managemen o e canges in moiliy Ou ocus and cooling sysems suc as adiaos e ill suppo e developmen o sysems ic cove eveying om comusion o inae and eaus ill coninue o e on educing uel inenal comusion engines oug Developmen and manuacue o engineelaed poducs suc as vaiale consumpion ile oeing e pusui o o envionmenal and cam iming CT sysems and eaus gas sensos and poducs o dive comoale emal managemen diving peomance sysems suc as oil pessue conol valves sysems and componens ile coninuing o povide sysems and componens e ill sive o eatures eatures ceae and delive ne value in ode o Compeensive capailiies o developing and poducing coniue o sociey as a ole e mainain and compeensively develop a ide vaiey o ca aicondiioning sysems ecnologies and sysems ae acive acoss a oad ange o Ailiy o develop sysems suc as e olds s ea usiness