DENSO Announces Senior Management Changes
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TOKYO - DENSO Corporation, parent company of Long Beach-based DENSO Sales California, announced the following management changes, which were voted upon at today's shareholders meeting. These changes are effective today.
New Directors appointed to the Board:
o Shinro Iwatsuki, Executive Vice President (from Senior Managing Director)
o Oyuki Ogawa, Executive Vice President (from Senior Managing Director)
o Mitsuharu Kato, Senior Managing Director (from Managing Officer)
o Mineo Hanai, Senior Managing Director (from Managing Officer)
o Hiromi Tokuda, Senior Managing Director (from Managing Officer)
New Managing Officers:
o Sakae Kitazawa (from Senior Manager of the Engineering Research & Development Center)
o Yoshitaka Asano (from President of SIAM DENSO Manufacturing Co., Ltd.)
o Michio Adachi (from General Manager of the System Control Components Engineering Department)
o Tetsuo Kondo (from General Manager of the Engine Control Components Product Division)
o Kenichiro Kamai (from General Manager of the Vehicle Integrated Systems R&D Department)
o Hiroyuki Wakabayashi (from General Manager of the Quality Control Department)
Board of Director and Managing Officer retirements include:
o Norio Omori, Executive Vice President
o Nobuhiro Miyake, Senior Managing Director
o Susumu Harada , Senior Managing Director
o Akitoshi Sugiura , Managing Officer
o Masayoshi Yagyu, Managing Officer
o Shohei Itoh, Managing Officer
DENSO Corporation, 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 106,000 people in 32 countries and regions, including Japan. Consolidated global sales for the fiscal year ended March 31, 2006 totaled US$27.3 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.
In the Americas, DENSO employs more than 15,000 people at 33 companies with consolidated sales of US$5.9 billion for the above fiscal year. Southfield, Mich.-based DENSO International America, Inc. serves as DENSO's North American headquarters. For more information, go to www.densocorp-na.com.
DENSO Sales California employs 243 people in Long Beach, Calif. with sales of $276.8 million for the above fiscal year.
Contact: Marlene Goldsmith
DENSO INTERNATIONAL AMERICA, INC.
(248) 372-8222
marlene_goldsmith@denso-diam.com
Dan Alf
DENSO Sales California, Inc.
(310) 513-7353
dan_alf@denso-diam.com
