Kariya, Nov 18, 2009 - (JCN Newswire) - In an effort to improve efficiency and customer service, DENSO Corporation is combining its primary business functions in Australia, such as production at Australian Automotive Air Pty. Ltd. (AAA) and, sales, service and logistics functions at DENSO International Australia Pty. Ltd. (DIAU). These functions will be integrated into AAA, though DIAU will continue to be a holding company. During this same time, AAA will also change its name to DENSO Automotive Systems Australia Pty. Ltd. (DNAU). All changes will take effect April 1, 2010.
"This integration will allow employees from both companies to work more closely, which will help improve customer service and establish a more efficient management system," said Kazuo Hironaka, senior managing director overseeing DENSO's Sales Group. "We aim to strengthen business operations to increase our competitiveness in Australia."
Profile of DNAU
1. Name: DENSO Automotive Systems Australia Pty. Ltd. (DNAU)
2. Location: Croydon, Victoria, Australia (on the outskirts of Melbourne)
3. President: Russell Pettis
4. Establishment: August 1989
5. Capital: 33 million Australian dollars (approximately US$30 million*)
6. Ownership: 100 percent owned by DENSO International Australia Pty. Ltd.
7. Sales: Approximately 300 million Australian dollars (approximately US$275 million* projected for fiscal year ending March 2011)
8. Employees: Approximately 420 (projected for April 1, 2010)
9. Business description: Production and sales of car air conditioning systems, radiators, instrument clusters, and other products for OE and OES supply, and Aftermarket sales of a wide range of locally produced and imported automotive and non-automotive products.
*Exchange rates used are 1.09 Australian dollars per one US dollar, at the end of October 2009 for convenience only. Billion is used in the American sense of one thousand million.
About Denso
DENSO Corporation (TSE: 6902), headquartered in Kariya, Aichi prefecture, Japan, is a leading global supplier of advanced technology, systems and components. Its customers include all the world's major carmakers. Worldwide, the company employs approximately 120,000 people in 33 countries and regions, including Japan. Consolidated global sales for the fiscal year ended March 31, 2009 totaled US$32.0 billion. DENSO common stock is traded on the Tokyo, Osaka and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.
Contact:
Sadayoshi Yokoyama,
Goro Kanemasu
DENSO CORPORATION
Phone: 81-566-25-5594
Fax: 81-566-25-4509
sadayoshi_yokoyama@denso.co.jp
goro_kanemasu@denso.co.jp
Nov 18, 2009
Source: Denso
Denso (TSE: 6902) (U.S: DNZOY)
From the Japan Corporate News Network
http://www.japancorp.net
Topic: Company reorganization
View more news from these Sectors: Automotive
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