DENSO Named to Fortune’s 2019 Most Admired Companies List
SOUTHFIELD, Mich. (February 28, 2019) – DENSO, the world’s second largest mobility supplier, has been named to the list of World’s Most Admired Companies by Fortune for the 5th consecutive year. The company placed sixth in the Motor Vehicle Parts industry, advancing one spot from 2018. This recognition follows recent changes made by DENSO to adapt to and lead widespread industry change, such as investing in strategic startup partners, pushing into software-based solutions and expanding its North American R&D capabilities.
“Our new company direction, strategic investments and long-term vision to push mobility innovations to new heights likely played a role in our new ranking,” said Kenichiro Ito, CEO of DENSO International America, Inc. “Most importantly, we credit this recognition to our talented, dedicated and collaborate associates who consistently demonstrate an unparalleled passion for creating safe and efficient vehicles.”
The World’s Most Admired Companies list—widely regarded as the authority on corporate reputations—is compiled by Fortune and Korn Ferry Hay Group through surveys of industry executives, directors and analysts who evaluate companies on nine criteria. DENSO received its highest scores in the innovation, social responsibility and product quality categories.
Fortune’s full list of World’s Most Admired Companies is available in the magazine’s February issue. To view the Motor Vehicle Parts, ranking click here.
DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company's 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global.
In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,000+ employees across 12 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/.