Toyota group member Denso estimates U.S. auto tariffs could cost it ¥80 billion a year
Auto parts supplier Denso Corp. said Tuesday that U.S. tariffs on imported cars and auto parts, if invoked, could result in some ¥70 billion to ¥80 billion in additional costs for the company each year. "It is a very worrying factor," Yasushi Matsui, executive director ...
Denso to become largest investor in Japan Display affiliate's OLED panel project
Car parts maker Denso Corp. is set to become the largest investor in a Japan Display Inc. affiliate's plan to raise ¥100 billion to begin mass production of advanced panels, according to sources close to the matter. Denso is prepared to invest around ¥50 billion ...
Auto parts maker Denso Corp. and mobile phone carrier NTT Docomo Inc. will work together in developing a vehicle control system for automated driving and advanced driver assistance. They said Monday that the LTE and next-generation 5G mobile standards will be used to develop a ...
EU fines Mitsubishi, Hitachi units €138 million over auto parts cartel
The European Union fined Mitsubishi Electric Corp. and Hitachi Ltd. on Wednesday a total of around €137.8 million (¥18.05 billion)after finding that the two Japanese firms had participated in a cartel over the sale of auto parts. Denso Corp. was also part of the action ...
Early summer shifts have merit but experts see overtime, family disruption risks
Prime Minister Shinzo Abe is hoping to kick-start a summer of love by shifting work hours forward in order to free up time in the evenings for families to spend together. But critics warn that the change in lifestyle could result in more overtime, health ...
South Korea fines Japan's Denso, NGK Spark Plug for price-rigging
South Korea's Fair Trade Commission said Thursday it had slapped fines totaling 3.5 billion won (about $3.1 million) on five auto parts suppliers, including Japan's Denso Corp. and NGK Spark Plug Co., for forming a price-fixing cartel. The two Japanese firms, their local units and ...
Toyota supplier Denso mulls domestic expansion in as yen weakens
Denso Corp. is giving Prime Minister Shinzo Abe a reason to believe his weak-yen policy will eventually boost investment by manufacturers. The parts maker, Toyota Motor Corp.'s biggest supplier, said it is considering expanding production in Japan. "It's possible to maintain a certain level of ...
Denso Corp., the nation's largest manufacturer of electronic auto parts, said Thursday it had been fined $2.45 million Canadian dollars (¥200 million) by a court in Canada for breaking the competition law by rigging bids on transactions in several kinds of auto parts. The payment ...
Ex-Denso exec to be jailed in U.S. over obstructing cartel probe
A former executive of Japanese auto parts maker Denso Corp. will be jailed in the United States after pleading guilty to obstructing a 2010 investigation of a price-fixing allegation, the U.S. Justice Department said Thursday. The move was part of the department's probe of price ...
Top car parts maker Denso Corp. is considering a business and capital tie-up with ailing electronics maker Sharp Corp. to reduce development and investment costs, a Denso executive said Friday. Denso, affiliated with Toyota Motor Corp., could invest several billion yen if it decides on ...
