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4-Traders Homepage  >  Equities  >  Tokyo  >  Denso Corp    6902   JP3551500006

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DENSO : Earns Cummins Diversity Award at Annual Supplier Conference

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09/23/2017 | 05:29am CEST

SOUTHFIELD, Mich., Sept. 18 -- DENSO International America, a supplier of automotive systems and components, issued the following news release:

Cummins recognized DENSO International America's (DIAM) Supplier Diversity program with a Diversity Award presented at its 2017 U.S. Supplier Conference. The global diesel engine and alternative fuel technology leader highlighted DENSO's exemplary work promoting diversity and inclusion across the business, helping Cummins meet global procurement goals.

"Including diverse businesses within our supply base contributes to DENSO's and our customer's long-term success," said Mike Winkler, Vice President, North America Purchasing at DENSO. "We're proud to be recognized as a leader in this space and will continue to develop relationships with minority-owned businesses to enhance the community and strengthen DENSO's supply chain."

The award distinction aligns with DENSO's Supplier Diversity Mission, which includes:

Developing inclusion of diverse business within the supply base which helps contribute to long-term economic & social stability

Developing and nurturing a diverse & global-best competitive supply base

Seeking supplier partners who share a commitment to continuous improvement while providing value to our customers & society

DENSO received the award during Cummins' 2017 U.S. Supplier Conference in Columbus, Ind. and was selected out of more than 5,000 other suppliers across the country.

About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates across the North American region. Of these, 28 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO's North American consolidated sales totaled US$9.6 billion for the fiscal year ending March 31, 2017. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

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Financials ( JPY)
Sales 2018 4 794 B
EBIT 2018 -
Net income 2018 289 B
Finance 2018 533 B
Yield 2018 2,18%
P/E ratio 2018 15,45
P/E ratio 2019 14,46
EV / Sales 2018 0,83x
EV / Sales 2019 0,77x
Capitalization 4 510 B
Duration : Period :
Denso Corp Technical Analysis Chart | 6902 | JP3551500006 | 4-Traders
Technical analysis trends DENSO CORP
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 5 819  JPY
Spread / Average Target 2,5%
EPS Revisions
Koji Arima President & Representative Director
Nobuaki Katoh Chairman
Yasushi Yamanaka Representative Director, VP & Head-Technology
Bill Foy Senior Vice President-Engineering
Masahiko Miyaki Director
Sector and Competitors
1st jan.Capitalization (M$)
DENSO CORP12.17%40 428
CONTINENTAL14.75%50 365
HYUNDAI MOBIS CO., LTD.--.--%18 867