or 74.1% of total sales. -For the fiscal year ended December 31, 2024, sales in Germany accounted for 22.7%, Europe (excluding Germany) 31%, North America 25.3%, Asia Pacific 15.3%, and South America and the rest of the world 5.7%.   Product Strategy -The Company focuses its development efforts on new products for a sustainable future, which are at the center of the current transformation in mobility, such as fuel cells, batteries, electric driv...

Major Suppliers  Updated at: 2025/07/17

Central/South America 136 142 (4.2) China 133 147 (9.5) Asia/Oceania 153 154 (0.6) Europe/Africa 75 86 (12.8) Total 820 857 (4.3) Recent Business Developments Unveils automated seat production line to pressOn December 2, the Company unveiled an automated line to the press at its Sanage Plant, which produces automotive seats in Toyota City, Aichi Prefecture. The company aims to halve processing costs involved in its manufacturing proc...

Major Suppliers  Updated at: 2025/07/16

pany’s CV business in China and enables it to leverage further synergies in technology, manufacturing processes, and purchasing. It will also help the Company to achieve its medium-term target of generating 20% of Group revenue in Asia. (From a press release dated February 28, 2025) Restructuring New Business Unit Commercial Vehicles created-The Company has established a new Business Unit Commercial Vehicles to expand its existing truck busines...

Major Suppliers  Updated at: 2025/07/16

Sales ratio       Management Targets for FY2030 Revenue: JPY 5.5～6.0 trillion Operating margin: 8% ROIC (Return on invested capital): 13% Initiatives to achieve management targets include: Speeding up the transformation of business portfolio Expanding AT and PHEV/HEV earnings Launch new products (eAxle, regenerative brakes, etc.) Expanding business structure in India, a growth market Compression of over JPY 400 billion Furthe...

Major Suppliers  Updated at: 2025/07/15

ips Partnership with Swiss Steel Group on sustainable steel bars and wires-The Company decided to source “GreenSteel Climate+” from Swiss Steel Group for bars and wires produced in EMEA. GreenSteel Climate+ is produced from steel scrap and in electric arc furnaces using green electricity from renewable sources. The steel will be used directly to produce components across the Company's European plants as well as by the Group’s suppliers. The...

Major Suppliers  Updated at: 2025/07/15

ent ratio (%) Hitachi, Ltd. 40.0 Honda Motor Co., Ltd. 40.0 JIC Capital, Ltd. 20.0   Change in Capital Structure-The Company announced that it will change its capital structure in September 2023. JICC-01 Limited Liability Partnership for Investment, which is under JIC Capital, will invest new capital. After the investment is made, Hitachi Ltd., Honda Motor Co., Ltd., and JICC-01 will own a 40%, 40%, and 20% shareholding, respectively. T...

Major Suppliers  Updated at: 2025/07/14

  *The above forecasts are updated based on the announcement of the company's financial results. Past Performance Denso Corporation's third quarter results (cumulative) Denso Corporation's second quarter results (cumulative) Denso Corporation's first quarter results   Business Strategy Policy for new management structure-In November 2023, the Company announced the segments and targets of three business units. New pricing strategy New busines...

Major Suppliers  Updated at: 2025/07/14

JPY 2,492.6 billion. Business Reorganization Business operations in EMEA region to be reorganizedThe Company announced that it had taken steps towards organizational transformation on April 1, 2024. All legal entities of Yazaki EMEA (Europe, Middle East, and Africa) were brought together under a new holding company -Y-EMEA N.V., which is based in Oudsbergen, Belgium. This measure is aimed solely to simplify and optimize the previous complex le...

Major Suppliers  Updated at: 2025/07/14

io frequency identification (RFID). Moreover, the Company has completed the technical development of tires equipped with RFID technology and plans to leverage this technology to enhance the customers’ needs using specific data for a specific tire. (From a press release dated February 20, 2024) New Mid-term Management New mid-term management plan "Yokohama Transformation 2026"The Company announced its new medium-term management plan, Yokohama...

Major Suppliers  Updated at: 2025/07/14

-performance automobile lighting units for traffic safety and comfortable driving Development of high-performance automobile signal lights unit utilizing styling design Ensuring high performance and quality through research on evaluation systems and light distribution characteristics Development of new light sources for environmental protection such as CO2 reduction Development of LDM (LED driver module) and ECU (electronic control unit)  Tr...

Major Suppliers  Updated at: 2025/07/14

Sanden Corporation (Formerly Sanden Holdings Corporation) Japan Zhu Dan (Representative Director and President) -A major manufacture of car air-conditioning systems and air-conditioning compressors, based in Gunma Prefecture, Japan. It delivers HVAC units, compressors, and piping for climate-control systems. -On March 1, 2021, as a way to improve its financial condition, it issued new stock shares through a third-party allocation. As a result, it...

Major Suppliers  Updated at: 2025/07/14

se) EF-TUBE (foe CO2 Refrigerant Air Conditioning System) Oil Cooler Unit Vacuum Brake Hose (for Brake system) Hydraulic hose for roll control system Air Brake Hose Clutch Hose ESC Hose (Stability Control Hose) CNG hose Oil Cooler Hose Suspention Hose Urea SCR Hose (for Diesel Emissions Reduction) Plant in Japan Facility Location Main facilities Himeji Plant Hyogo Pref. Japan Production of automotive hoses   Major Subsidiaries and Affil...

Major Suppliers  Updated at: 2025/07/14

trends shaping the automotive industry, focusing on aligning its business towards E-mobility and zero-carbon mobility concepts. -At the start of 2022, the Company underwent a restructuring process, leading to a change in its name from the Hirschvogel Automotive Group to the Hirschvogel Group. This new organizational structure brought together the Company's nine production subsidiaries and two affiliated companies under a unified unit.-By 2025, t...

Major Suppliers  Updated at: 2025/07/10

at was insufficient to cover structural costs. Higher personnel expenses and price increases further impacted results, even though raw material costs declined. Other negative factors included increased distribution and administrative expenses, higher R&D costs, and greater depreciation of property, plant, and equipment. Although the company implemented additional adjustment measures, such as cost reductions and improvements in raw materials and e...

Major Suppliers  Updated at: 2025/07/09

ith production expected to begin in 2026. This project represents up to USD 1.9 billion in investment. Bosch has retained nearly all 250 associates at the site and provided advanced training in collaboration with its global manufacturing network. Investment outside the U.S. -The Company inaugurated new production lines for braking systems at its plant in Aguascalientes, Mexico, with an investment of MXN 4.4 billion. These new lines will create 40...

Major Suppliers  Updated at: 2025/07/09

Wuhan Xiangxing Automotive Parts Co., Ltd. (IAC China). These operations focus on developing and manufacturing automotive interior trims such as cockpit modules, instrument panels, center floor tunnels, door panels, and columns. They serve customers such as German luxury automakers, leading Chinese New Energy Vehicle manufacturers, and well-known European and US automakers. (From an NBHX press release dated June 26, 2024) Competitors -Adient-Auto...

Major Suppliers  Updated at: 2025/07/09

ks-Bumpers-Air ducts-Wheel assemblies Financial Overview (CNY millions)   FY ended Dec. 31,2023 FY ended Dec. 31,2022 Rate of change (%) Sales 14,486.81 14,014.96 3.37% Operating income 929.91 846.22 9.89% Ordinary income 934.97 855.30 9.31% Net income 831.84 817.74 1.72%   New company -the company announced the planned establishment of Qianchao Intelligent Manufacturing (Wuhu) Co., Ltd. With a registered capital of CNY 2...

Major Suppliers  Updated at: 2025/07/08

rease of USD 333 million or 4.4% from the previous year's USD 7,484 million. The decline was mainly driven by lower sales of processor and connectivity products, partially offset by growth in advanced analog and ADAS products. Acquisitions ESMC-On January 9, 2024, the Company acquired shares in the newly founded European Semiconductor Manufacturing Company GmbH (ESMC), which will build and operate a new 300mm semiconductor wafer manufacturing fac...

Major Suppliers  Updated at: 2025/07/04

l 2024, the Company completed the acquisition of Aptoide’s 50% shares in their joint venture, Faurecia Aptoide Automotive. -On January 31, 2022, Faurecia completed the acquisition of Hella, acquiring a total of 79.5% of the shares in Hella. After the acquisition, the two companies introduced the new company Forvia, which represents the two combined entities. Both companies will keep their legal names under the Forvia name, with products being ...

Major Suppliers  Updated at: 2025/07/02

cquisitions of the seating business of Recaro Automotive (for passenger cars) and Keiper (for commercial vehicles), the product business unit Recaro Automotive Seating, which belongs to Johnson Controls, carved out to offer complete premium seats for passenger cars and commercial vehicles under its new brand name Recaro.-In July 2024, the Company filed for insolvency with the Local Court of Esslingen in Germany due to financial difficulties cause...

Major Suppliers  Updated at: 2025/07/02