DENSO Announces Changes of Executive Responsibility and Transfers of its Member of the Board

KARIYA (Japan) -- DENSO CORPORATION, a leading mobility supplier, has announced changes in executive responsibility and transfers of its members of the board.

The decision was made at a Board of Directors meeting held on March 11, 2024. The changes in executive responsibility will be effective from April 1, and the transfers of the members of the board will take place on the date of the 2024 Annual General Meeting of Shareholders. These transfers will be officially implemented at the 2024 General Meeting of Shareholders and the subsequent meeting of the Board of Directors.

About DENSO CORPORATION

Globally headquartered in Kariya, Japan, DENSO is a $47.9 billion leading mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in around 200 facilities worldwide to provide opportunities for rewarding careers and to produce cutting-edge electrification, powertrain, thermal and mobility electronics products, among others, that change how the world moves. In developing such solutions, the company's 165,000 global employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. DENSO spent around 9.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2023.