DENSO : Establishes Global R&D Tokyo, Haneda in Haneda Innovation City (2024)

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02:00:00 2024-04-12 am EDT
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2,968 JPY +0.61% DENSO : Establishes Global R&D Tokyo, Haneda in Haneda Innovation City (1) +5.12% +39.52%
Apr. 08 TSMC to Build Second Fab in Japan's Kumamoto Prefecture MT
Mar. 29 ASRA: Suzuki Motor, Hitachi Astemo Join 'Advanced Soc Research For Automotive' (ASRA) Organisation RE

July 05, 2020 at 10:59 pm EDT

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DENSO Corporation has established today 'Global R&D Tokyo, Haneda' as a new base for R&D on automated driving and related technologies. It is located in Haneda Innovation City, which was opened this year.

In April 2018, DENSO set up Global R&D Tokyo near Shinagawa Station, to conduct R&D mainly on automated driving. The newly established Global R&D Tokyo, Haneda will have an office to design and develop automated driving technology, an automotive service building to carry out works including installing prototype systems in vehicles, and a proving ground to conduct in-vehicle tests. With these two facilities, DENSO will build a framework to seamlessly implement projects in the Tokyo metropolitan area, ranging from R&D to in-vehicle tests, to accelerate its technological innovation.

Designated as a National Strategic Special Zone, the Haneda area in Ota Cityis creating an enabling environment for field tests on public roads, including those on automated driving. Moreover, Ota City is home to many manufacturers. DENSO will utilize the special zone system and collaborate with such manufacturers in the city and neighboring communities.

Through R&D on automated driving and related technologies at its Global R&D Tokyo and Global R&D Tokyo, Haneda, DENSO will contribute to achieving advanced mobility that improves people's lives.

Profile of Global R&D Tokyo, Haneda

Establishment July 6, 2020
Location 1-1-4 Haneda Airport, Ota City, Tokyo, Japan
Employees Approx. 130
Function Conducting R&D and in-vehicle tests on automated driving

Automotive service building

Proving ground

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Denso Corporation published this content on 06 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 July 2020 02:58:00 UTC

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Company Profile

Denso Corporation is one of the world's largest producers of automotive equipment. The products include air conditioning systems, radiators, alternators, motors, starters, airbag sensors, etc. The group also offers industrial robots, automated industrial systems, etc.Net sales are distributed geographically as follows: Japan (41.9%), Asia and Oceania (22.4%), North America (22%), Europe (12.1%) and other (1.6%).

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Calendar

2024-04-25 - Q4 2024 Earnings Release

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Analysis / Opinion

Denso Corporation : A major name in the Japanese automotive industry October 30, 2023 at 12:58 pm EDT

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Investor Rating

ESG Refinitiv

B

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Analysts' Consensus

Sell

DENSO : Establishes Global R&D Tokyo, Haneda in Haneda Innovation City (5)

Buy

Mean consensus

BUY

Number of Analysts

17

Last Close Price

2,968JPY

Average target price

3,107JPY

Spread / Average Target

+4.69%

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DENSO :  Establishes Global R&D Tokyo, Haneda in Haneda Innovation City (2024)

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