Denso Corp. ADR(DNZOY)- OTCPK - Current
  • Fri, Jul. 29, 10:04 AM
    | Fri, Jul. 29, 10:04 AM
  • Oct. 29, 2015, 7:03 AM
    • Toyota (NYSE:TM) steered away from the Japanese supplier network for an important component of the new Corolla model in what could be a critical development for the automobile supplier industry.
    • The automaker picked German firm Continental (OTC:CTTAF) over Denso (OTCPK:DNZOF, OTCPK:DNZOY).
    • The Japanese business style called keiretsu (tight control) has held back innovation in the opinion of some experts.
    • Related stocks: HMC, OTCPK:MZDAY, OTCPK:NSANY.
    | Oct. 29, 2015, 7:03 AM | 1 Comment
  • Apr. 3, 2015, 8:57 AM
    • Toyota (NYSE:TM) is set to spend $1.25B on new plants in China and Mexico, sources tell the Wall Street Journal.
    • The plants would be the first new production facilities for the Japanese automaker since 2012 after it shifted to a more conservative stance.
    • Additional capacity from the new Toyota plants could total several hundred thousand vehicles per year to start and tip off a new philosophy.
    • Toyota is expected to keep producing vehicles at a +10M unit annual pace for the next few years even before any new plants come online.
    • Denso Corp. (OTCPK:DNZOF, OTCPK:DNZOY) and Toyota Boshuku (OTC:TDBOF, OTCPK:TDBOY)  are major suppliers to Toyota and could see a lift from the boost in capacity. Both firms are backed by Toyota Group.
    • Other suppliers to Toyota include Tenneco (NYSE:TEN), Dana Holdings (NYSE:DAN), Magna International (NYSE:MGA), and BorgWarner (NYSE:BWA) to name just a few.
    | Apr. 3, 2015, 8:57 AM | 1 Comment
  • Nov. 26, 2014, 11:16 AM
    • Delphi's (DLPH -0.2%)sale of its air conditioning business, Delphi Thermo, is being complicated by potential problems with one its South Korean JV partners, Reuters reports.
    • Delphi's business has caught the eye of France's Valeo (OTCPK:VLEEY -0.2%), Germany's Mahle and Japan's Denso (OTCPK:DNZOY -0.1%) and a sale could fetch more than $700M.
    • The potential problems stem from the fact that Erae (a company which Delphi holds a JV with called Kdac) has also expressed interest in the business but is being sidelined from the process.
    • Delphi's Thermal Systems unit posted adjusted EBITDA of $80M on sales of $1.5B in 2013.
    | Nov. 26, 2014, 11:16 AM
  • Sep. 2, 2014, 3:03 AM
    • The European trade body in China has dismissed reports stating Beijing was planning to require foreign auto parts suppliers in the country to form local joint ventures.
    • The rumors surfaced as Chinese regulators cracked down on the country's auto industry, seeking to enforce a 2008 antitrust law.
    • Last month, China issued $201M in fines against 12 Japanese companies for manipulating prices, while many foreign automakers have lowered their spare parts prices to appease local regulators.
    | Sep. 2, 2014, 3:03 AM
  • Aug. 20, 2014, 3:10 AM
    • China's anti-monopoly regulator has issued fines against 12 Japanese companies for colluding over prices of auto parts and bearings.
    • The penalties total 1.2B yuan ($201.8M) and fine companies including Hitachi (OTCPK:HTHIY), Sumitomo (OTCPK:SSUMY), Mitsubishi Electric (OTCPK:MIELY), Jtekt (OTCPK:JTEKY) and Denso (OTCPK:DNZOY).
    • China has been increasing its efforts to bring companies into compliance with an anti-monopoly law enacted in 2008, and has recently taken aim at the country's auto sector.
    | Aug. 20, 2014, 3:10 AM
  • May 20, 2014, 11:09 AM
    • Toyota (TM -0.4%) and Japanese part maker Denso Corp. (DNZOF, DNZOY) say they developed a chip that could improve fuel efficiency in hybrids by as much as 10%.
    • A silicon carbide chip designed by the companies is targeted to dramatically reduce current loss.
    • If the chip performs as advertised, Toyota could broaden the type of cars that could be equipped with a hybrid system.
    | May 20, 2014, 11:09 AM
Company Description
Denso and its subsidiaries are engaged in the manufacture and sale of automobile electronic and electrical parts and other components. Co.'s principal business segments are automotive including thermal systems, power train control systems, electronic systems, electric systems, small motors, and... More
Industry: Trucks & Other Vehicles
Country: Japan