Denso

Denso Corporation (株式会社デンソー, Kabushiki-Gaisha Densō) is a global automotive components manufacturer headquartered in the city of Kariya, Aichi Prefecture, Japan. After becoming independent from Toyota Motor, the company was founded as Nippon Denso Co. Ltd. (日本電装株式会社, Nippon Densō Kabushiki-Gaisha) in 1949. About 25% of the company is owned by Toyota. Despite being a part of the Toyota Group of companies, as of the year ending March 2016, sales to the Toyota Group accounted for less than 50% of total revenue (44% of revenue originated from other car manufacturers in Japan, Germany, the U.S. and China). In 2023, Denso was the second largest auto parts supplier in the world. In 2022, Denso was listed at #278 on the Fortune Global 500 list with a total revenue of $49.0 billion and 167,950 employees. As of 2021, Denso consisted of 200 consolidated subsidiaries (64 in Japan, 23 in North America, 32 in Europe, 74 in Asia, and seven in Oceania and other regions).