Denso Corporation
Summary
Covers Denso Corporation exhibition participation, products, technologies, and major customers. Offers exclusive information available only on MarkLines to support research and analysis in the automotive industry.
Company Profile
Business Overview
-A major automotive parts supplier in the Toyota Group.
-Out of total sales in the fiscal year that ended in March 2025, sales to the Toyota Group accounted for 55.1% of the total.
-The Company’s operations consist of five automotive segments, which are thermal systems, powertrain systems, mobility electronics, electrification systems, and advance devices. Each segment's main products are listed below.
Category | Sub-category | Products |
Thermal systems | Air-conditioning systems | -HVAC -Compressors -Cabin air filters -Climate control for seats |
Thermal components | -Condensers -Radiators -Heat management products: chillers, water-cooling condensers, CMx -Inverters cooling devices |
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Thermal management systems | -Electric compressors -Hose piping-systems -Heat management products: heat-pump systems, water valves |
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Thermal solutions for commercial markets | -Air-conditioning systems for buses and agricultural equipment -Refrigeration equipment for trucks |
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Powertrain systems | Injection devices | -Products for diesel-powered vehicles: common rail systems, columnar distribution pumps, nozzles, fuel filters, uera SCR injectors -Products for gasoline-powered vehicles: port injectors, direct-injection injectors, direct-injection pumps, fuel-pump modules |
Engine products | -Ignition products: ignition coils, ignition plugs -Exhaust products: exhaust sensors, exhaust temperature sensors, NOx sensors, substrates for exhaust purification) -Variable valve products: variable-cam timing, oil-control valves -Exhaust valve products: EGR valves, throttle bodies -Motorcycle products: Rotators for motorcycles, engine ECUs for motorcycles -Filters: air cleaners, oil filters |
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Electronic components | -Electric starter products: starters, alternators | |
Mobility electronics | Electronics | -Engine ECUs -Hybrid ECUs -BEV ECUs -e-VCT -Transmission-control ECUs -Steer-by-wire control ECUs -Fuel-pump-control ECUs -Keyless entry systems -Air-conditioning ECUs -Body ECUs -Software for the above-mentioned products |
Safety Systems | -HMI control units -Combination meters -Onboard infotainment systems -Telematics control units -Onboard ETC devices -Road-to-vehicle and vehicle-to-vehicle communications devices -Image sensors -Millimeter wave radar systems -Laser radar systems -Sonar sensors and ECUs -Monitor ECUs -Self-driving ECUs -Sensors and ECUs for airbags -Driver-monitoring devices -Software for the above-mentioned products |
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Sounding devices | -Vehicle proximity-warning devices -Buzzers |
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Electrification systems | Power conversions | -PCU -Inverters -Power modules |
Power controls | -DC/DC convertors -Battery-monitoring units -Battery ECUs -Charging ECUs -Lithium-ion battery packs -High-voltage relays -ESU |
|
Power mobility electronics | -Electric power steering systems with integrated two-system drive -Braking ECUs -MG stators -ISGs |
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Motors | -Wiper systems -Washer systems -Power-window motors -Power-seat motors -Engine-control motors -Blower motors -Electric-fan motor |
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Advanced devices | Mechatronic systems | -CASE: Shift-by-wire actuators, Multi-control valves -Evaporative Products: Evaporative check modules, Purge valves -Drive-control products: A/T modules, A/T solenoid valves -Sensors: Air-flow meters, Accelerator pedal modules |
Sensing systems | -Semi-conductor sensors: pressure sensors, electricity and magnetic flow sensors, optical sensors, temperature sensors | |
Semiconductors | -ICs for specific uses -Power semiconductors |
Featured report |
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Business Overview of Japanese Suppliers in 2024 |
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Denso, Hitachi Astemo: Automated Driving Technologies in the Spotlight |
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Photo: Denso |
Shareholders
-Listed on the Prime Market of the Tokyo Stock Exchange and the Premium Market of the Nagoya Stock Exchange. | (As of Mar. 31, 2025) |
Name or Company Name | Investment Ratio (%) |
Toyota Motor Corp. | 21.25 |
The Master Trust Bank of Japan, Ltd. (Trust Account) | 13.20 |
Toyota Industries Corporation | 5.59 |
Custody Bank of Japan, Ltd. (Trust Account) | 5.00 |
Toyota Fudosan Co., Ltd. | 4.72 |
Nippon Life Insurance Company (Standing proxy the Master Trust Bank of Japan, Ltd.) | 3.07 |
Employees Stock holdings | 1.77 |
STATE STREET BANK AND TRUST COMPANY 505001 (Standing proxy Mizuho Bank, Ltd.) | 1.32 |
STATE STREET BANK WEST CLIENT - TREATY 505234 (Standing proxy Mizuho Bank, Ltd.) | 1.29 |
JP MORGAN CHASE BANK 385632 (Standing proxy Mizuho Bank, Ltd.) | 1.26 |
Total | 58.47 |
Products
Thermal Management & Air-conditioning Systems
Thermal managements heat-pump systems
-Radiator / Heat absorber for BEV
-Multi-flow control valve for BEV
-Heater core
-Water-cooled condenser with sub-cool
-Electric compressor
-Evaporator
-Evaporator pressure regulator
-LIN EXV
-Electric water pump
-Chiller
Heat pump air-conditioning system
-Heat pump air-conditioning system
-Electric compressor with gas injection function
-Outside heat exchanger
-Compact gas-liquid separator with integrated valve
-Electric expansion valve
-Cabin condenser
-Heat pump electronic control unit
HVAC unit
-COA HVAC
-S-COA HVAC
-Rear HVAC
-Evaporator
-Heater core
-Servo module
-Servo motor
-Blower fan
-Blower motor
-Blower controller
Air quality system
-Exhaust gas sensor
-Humidity sensor
-Cabin air filter
-PM2.5 sensor
-Air cleaner
-Air cleanliness monitor
Personal heating / cooling devices
-Seat ventilation system
-Radiant heater
Bus air-conditioning system
-Bus air-conditioner
-Electric bus air-conditioner
Automotive freezer
-Truck freezer
-Electric truck freezer
Products of control system
-Air-conditioner electronic control unit
-Outside temperature sensor/Cabin temperature sensor
-Solar sensor
-Matrix IR sensor
-Pressure switch
-Refrigerant pressure sensor
-Thermal sensation IR Sensor
Heat exchanger for air-conditioning system
-Radiator / Heat absorber for BEV
-Evaporator
-Heater core
-Condenser
-Water cooled condenser
-Cabin condenser
-Double pipe type internal heat exchanger
-Chiller
Products of refrigerant
-Fixed displacement compressor
-Variable displacement compressor
-Electric compressor with gas injection function
-Electric compressor
-Expansion valve
-Electronic expansion valve
-Solenoid valve
-Compact gas-liquid separator with integrated valve
-Liquid reservoir
-Reciever
-Accumulator
Products of cooling
-Electric water pump
-Multi-fl ow Control Valve for EV
-High voltage water heater
Powertrain systems
Intake air systems
-Exhaust Gas Recirculation (EGR) valve
-EGR valve unit
-Electronic throttle body
-Electronic diesel throttle body
-Variable induction air control valve
-Electric wastegate valve actuator
-Air flow meter
-Intake air temperature sensor
-Intake air pressure sensor
-Turbo Pressure Sensor
Fuel injection and control systems
-Engine control ECU
-Port fuel injection injector
-Direct injection high pressure injector
-G4S-i solenoid injector
-G4P-i piezo injector
-Direct injection high pressure pump
-HP5S supply pump
-HP5E supply pump
-HP5D supply pump
-Fuel pressure sensor
-Common rail pressure sensor
-Crank shaft position sensor (MRE type)
-Cam position sensor (MRE type)
-Rail
-Fuel filter
Ignition systems
-Ignition coil
-Iridium spark plug
-Knock sensor (non-resonant type)
Exhaust gas systems
-Oxygen sensor
-Exhaust gas temperature sensor
-Air-fuel ratio sensor
-Exhaust gas pressure sensor
-NOx-A/F integrated sensor
-EGR gas temperature sensor
-Substrate
-Variable nozzle turbo motor
-Aftertreatment control ECU
-CJ2U-V urea dosing module
-CJ2F-V fuel dosing module
Valve train systems
-Electric variable cam timing
-Integrated variable cam timing
-Variable cam timing
-Oil flow control valve
-Cam position sensor (MRE type)
Fuel systems
-Evaporative leak check module
-Canister close valve
-Duty control valve
-Vapor containment valve
-Fuel level sensor
-Tank pressure sensor
-Fuel pump controller
-Fuel pump
-Fuel pump module
Fuel charging systems
-Hydrogen filling electronic control unit
-Infrared transmitter
Cooling systems
-Radiator
-Electric fan
-Reserve tank
-Water cooled intercooler
-Multi-flow control valve
-Water temperature sensor
-Multi-flow control valve for BEV
FC thermal management systems
-Water control valve
-Electric water pump
Products of starting
-Starter
-Tandem solenoid (TS) starter
Products of driving and generating
-Alternator
-High voltage ISG
-Motor generator
Products of power supply
-Electrical powertrain electronic control unit
-Lithium-ion battery electronic control unit
-Battery monitoring unit
-Lithium battery pack
-Battery current sensor
-ESU
Products of substation
-Inverter
-DC-DC converter
Driving systems
-Shift by wire actuator
-Valve body module
-Automatic transmission linear type solenoid
-Accelerator pedal module
-Vehicle speed sensor
-TCU (Transmission control unit)
Fuel injection and control systems for medium and large size vehicle
-G4S injector
-Rail
-HP6 supply pump
-HP7 supply pump
-Fuel filter
Other products
-Horn
-Power mini ISO relay
-Engine oil pressure and temperature combined sensor
-Engine oil level switch
-Inclination sensor
-Acoustic vehicle alerting system
Safety and cockpit systems
Driving environment recognition systems
-Milliwave radar (FR&RR)
-LiDAR
-Stereo vision sensor
-Sonar sensor
-Vision sensor
-Sonar ECU
-Surround monitoring ECU
-Compact stereo vision sensor
-Surround monitoring camera
Vehicle dynamic control systems
-DSS ECU
-4WD ECU
-Steering torque sensor
-Brake booster pressure sensor
-Brake fluid pressure sensor
-Wheel speed sensor
-Inertia sensor for ESC
-Accelerometer for suspension
-Electric power steering motor
-Motor for skid control
Collision safety systems
-Airbag ECU
-Airbag ECU for compact cars
-Airbag electronic satellite sensor
-Accelerometer for airbag system
-Pressure sensor satellite for side airbag system
-Passenger presence sensor
-Pedestrian collision detection sensor
-Passenger presence ECU/sensor
-Tire pressure monitoring system receiver
Visibility support systems
-Digital outer mirror ECU
-Rain sensor
-Light sensor
-Washer system
-Front wiper system
-Rear wiper system
-Stepping motor for headlight leveling
-Stepping motor for headlight swivel
-Headlamp cleaner pump
Cockpit information systems
-Integrated cockpit systems "Harmony Core"
-Head-up display unit
-Instrument cluster
-Climate control panel
-Remote touch controller
-Center information display
-TCU (DCM) (Telematic control unit DCM (data communication module))
-On-board equipment for V2X communication
-ETC (electronic toll collection system) and ETC2.0 on-board equipment
-VICS antenna
-Driver status monitor
Information security systems
-Central gateway electronic control unit
-Smart electronic control unit
Other products
-Body electronic control unit
-Smart fob-key
-Remote keyless entry transmitter
-Remote keyless entry receiver
-Smart card key
-Touch sensor
-Power seat motor
-Telescopic steering motor
-Tilt steering motor
-Electric sunroof motor
-Power slide door motor
-Door closer motor
-Power window motor
History
Dec. 1949 | Spun off from Toyota Motor Co., Ltd. and established as Nippondenso Co., Ltd. with capital of 1.5 million yen. |
Dec. 1951 | Listed on the Nagoya Stock Exchange. |
Jan. 1953 | Listed on the Tokyo and Osaka Stock Exchanges. |
Nov. 1953 | Signed a technical assistance contract with Robert Bosch GmbH (Germany) concerning electrical components. |
Jul. 1959 | Merged with Aichi Denso Co., Ltd. |
May 1965 | Constructed Ikeda Plant in Kariya City. |
Jul. 1967 | Constructed Anjo Plant in Anjo City. |
Oct. 1968 | Opened the IC Research Facility |
Aug. 1970 | Constructed Nishio Plant in Nishio City. |
Nov. 1970 | Established Nippon Soken Inc.(Currently subsidiary) |
Mar. 1971 | Established the first overseas subsidiary, Nippon Denso of Los Angeles, Inc., in the US. (Currently named Denso Sales California, Ltd.) |
Jun. 1972 | Constructed Nippon Denso Austraria (Current: Denso manufacturing Australia) |
Aug. 1972 | Constructed Nippon Denso Thailand (Current: Denso (Thailand) Co., Ltd.) |
Feb. 1973 | Constructed Nippon Denso Europe (Current: Denso International Europe B.V.) |
Jun. 1974 | Constructed Takatana Plant in Anjo City. |
Apr. 1982 | Constructed Daian Plant in Mie Prefecture. |
Mar. 1984 | Constructed Denso Taiyo Co., Ltd., through JV with Japan Sun Industries which is a social welfare organization. |
Dec. 1985 | Constructed Nippon Denso America (Current: Denso International America Inc.) |
Feb. 1987 | Constructed Toyohashi Plant in Toyohashi City. |
May 1987 | Constructed Kota Plant in Aichi Prefecture. |
Feb. 1990 | Constructed Agui Plant in Aichi Prefecture. |
Nov. 1990 | Constructed Denso Research Laboratories in Nisshin-City in Aichi Pref. Japan. |
Jul. 1993 | Constructed Kita Kyushu Plant in Kita Kyushu City. |
Oct. 1996 | Changed Company name to Denso Corporation |
May 1998 | Established Denso International Australia Pty., Ltd. (Currently a consolidated subsidiary) in Australia to supervise 3 subsidiaries there. |
Dec. 1998 | Established Denso International Asia Pte., Ltd. (Currently a consolidated subsidiary) in Singapore to supervise 7 subsidiaries in Southeast Asia. |
Apr. 1999 | Acquired the rotational devices division from Italy's Magneti Marelli (currently Denso Manufacturing Italia S.p.A. and a consolidated subsidiary). |
July 2000 | Opened the Tianjin Office in Tianjin, China as the liaison to Tianjin Toyota Motor Co., Ltd. (TTMC), Tianjin Automobile Industry and the local government of Tianjin. |
Mar. 2001 | Established Denso Abdul Latif Jameel Co., Ltd. (Currently a consolidated subsidiary) in Saudi Arabia. |
Jul. 2001 | Established Denso Manufacturing Czech (currently a consolidated subsidiary) in the Czech Republic. |
Feb. 2003 | Established Denso (China) Investment Co., Ltd. |
Jul. 2005 | Made a capital investment in Smiths Manufacturing (Pty) Limited, an affiliate accounted for under the equity method) of South Africa. |
Feb. 2007 | Established Denso International Asia Co., Ltd. (DIAT) (currently a consolidated subsidiary) in Thailand as regional headquarters for the Group's operations in Australia and Asia. |
Mar. 2010 | The Company was delisted from the First Section of the Osaka Securities Exchange. |
Nov. 2010 | Established Denso Sales and Middle East & North Africa FZE, which is a consolidated subsidiary. |
May 2011 | Established Denso Cambodia Co., Ltd. (currently a consolidated subsidiary). |
2012 | Robert Bosch sold its stake-holding in the Company, dissolving their capital-holdings partnership. |
2013 | Announced that it will acquire shares in Germany-based ADASENS Automotive GmbH, which develops image recognition technologies. |
Established a joint venture Yantai Shougang TD Automotive Compressor Co., Ltd. with Toyoda Industries in Yantai, Shandong, China. It will manufacture compressors for car air-conditioners. | |
Established a joint venture named Pricol Components Limited with local supplier Pricol Limited in order to expand instrument cluster business in India. | |
Nov. 2017 | Acquired Fujitsu Ten Limited (currently Denso Ten Limited: consolidated subsidiary) |
Apr. 2018 | Acquired and absorbed the operations of Asmo Co., Ltd. |
Apr. 2020 | Acquired Toyota Motor Corporation’s electronic parts business, launching business operations as the Denso Hirose Plant. |
Apr. 2022 | Moved from the First Section of the Tokyo Stock Exchange to the Prime Market, and from the First Section of the Nagoya Stock Exchange to the Premium Market. |
Supplemental Information 1
Note: A figure in brackets ( ) indicates a loss
Denso Corporation
>>>FY ended Mar. 31, 2008 Business report
>>>FY ended Mar. 31, 2009 Business report
>>>FY ended Mar. 31, 2010 Business report
>>>FY ended Mar. 31, 2011 Business report
>>>FY ended Mar. 31, 2012 Business report
>>>FY ended Mar. 31, 2013 Business report
>>>FY ended Mar. 31, 2014 Business report
>>>FY ended Mar. 31, 2015 Business report
>>>FY ended Mar. 31, 2016 Business report
>>>FY ended Mar. 31, 2017 Business report
>>>FY ended Mar. 31, 2018 Business report
>>>FY ended Mar. 31, 2019 Business report
>>>FY ended Mar. 31, 2020 Business report
>>>FY ended Mar. 31, 2021 Business report
>>>FY ended Mar. 31, 2022 Business report
>>>FY ended Mar. 31, 2023 Business report
>>>FY ended Mar. 31, 2024 Business report
Archives of Past Exhibits
DENSO Corporation Kosai Plant (Formerly ASMO Co., Ltd.)
>>>Business Report up until FY ended Mar. 2017
Denso Korea Automotive Corporation
>>>Business Report up until FY ended Mar. 2015