Company DescriptionDENSO Corporation develops, manufactures, and sells automotive parts in Japan, rest of Asia, North America, Europe, and internationally. It offers air-conditioning systems, including heat pump air-conditioning systems, control system and refrigerant products, air-conditioning system heat exchangers, bus air-conditioning systems, automotive freezers, and cooling products, as well as heating, ventilation, and air-conditioning units. The company also provides gasoline, diesel, hybrid, electric vehicle, and fuel cell vehicle power-train systems, as well as motor generators, power control units, and emission control components; and safety and cockpit systems, such as driving environment recognition, vehicle dynamic control, collision safety, visibility support, cockpit information, and information security systems, as well as other products. In addition, it offers automotive service parts and accessories comprising spark plugs, oil and cabin air filters, wiper blades, air filter elements, starters, alternators, compressors, oxygen sensors, fuel pumps, air conditioner service parts, radiators, condensers, Plasmacluster ion generators, air conditioners for busses and construction vehicles, driver status monitors, and truck refrigeration products, as well as refrigerant recovery, recycling, and charging machines; and repair and support products and services. Further, the company provides industrial solutions for factories in automotive parts production; agricultural solutions, including Profarm Controller, a climate control system for greenhouse; and household air conditioning equipment and industrial systems. DENSO Corporation was incorporated in 1949 and is based in Kariya, Japan.
How the Company Makes MoneyDENSO makes money primarily through the design, manufacture, and sale of automotive components and systems to vehicle manufacturers and aftermarket customers. The company's revenue model is centered around several key streams: the sale of thermal systems such as air conditioners and radiators, powertrain systems including fuel pumps and injectors, electrification solutions like hybrid and electric vehicle components, and advanced driver assistance systems (ADAS). Additionally, DENSO generates income from its electronics sector, which includes semiconductor sensors and microcontrollers. Significant partnerships with major automotive OEMs, investments in research and development for next-generation vehicles, and a focus on sustainability and innovation further bolster its earnings.