Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Tokyo  >  Denso Corp    6902   JP3551500006

DENSO CORP

(6902)
  Report  
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

DENSO : Leads AI-Powered Fleet Management Technology Company ActiveScaler's Seed Funding Round

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/05/2018 | 07:44am EDT

KARIYA (Japan) -DENSO, one of the world's largest automotive suppliers, announced a significant investment in startup company ActiveScaler, a developer of Managed MaaS (Mobility-as-a-Service) systems powered by artificial intelligence. DENSO's investment will help expand ActiveScaler's platform and technologies, which simplify and better customize shared mobility experiences. The agreement also will help accelerate deployment of Managed MaaS systems for leading mobility operators and fleet service providers.

With the increase in global demand for more scalable and efficient services for moving people and goods, ActiveScaler's technology will help enhance growth and simplify implementation with a modular set of components that enable mobility service providers and fleet managers to tailor MaaS solutions to their specific business needs.

'DENSO's focus is to develop technologies that advance the future of mobility, and enable connected and automated driving,' said Yoshifumi Kato, Senior Executive Director at DENSO Corporation. 'These technologies directly influence the development of MaaS systems, which will disrupt the future of urban mobility for people and goods by making transportation solutions more seamless and accessible. ActiveScaler will help fleet operators accelerate new business opportunities by integrating the emerging MaaS ecosystem with higher performance and faster time to market.'

Tony Cannestra, Director of Corporate Ventures for DENSO, emphasized the importance of collaboration for innovative technology development. 'Technologies that simplify and better customize shared mobility experiences are a key focus area for DENSO, and we will strongly support those technologies with strategic investments and boundary-pushing collaborations,' said Cannestra. 'ActiveScaler's robust platform has the potential to impact how commercial fleets navigate city streets around the world, and we look forward to seeing how our technologies can help.'

'We want to be the engine behind the future of MaaS - hence the term 'Managed MaaS', which will transform current fleet businesses to provide next generation mobility services,' said Abhay Jain, CEO of ActiveScaler. 'Traditional fleet management services and systems are quickly becoming obsolete because of issues like high upfront software and hardware costs, poor ecosystem integration, and lack of flexibility, which are limiting the type and quality of services that can be offered.

'Our new AI-powered technology and fresh approach provides the ability to build end-to-end MaaS businesses featuring advanced analytics and automation, high security, and regulatory compliance while reducing environmental impact. This is essential for current as well as future businesses built around multi-mode transportation and autonomous vehicles,' added Jain.

DENSO continues to evaluate technology investment opportunities, including both core automotive solutions and innovative technologies with potentially significant implications for the future of transportation.

About DENSO Worldwide
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world's major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/.

About ActiveScaler Inc.
ActiveScaler exponentially improves the flow of people and goods for transportation providers. The company's Managed Mobility-as-a-Service (Managed MaaS) product suite includes FleetFactor™, In-Motion™ global platform and API, and IMBOT™ that revolutionize mobility by automating operations management with contextual analytics, machine learning and artificial intelligence. Transportation providers can readily improve and expand service offerings while making sense of a growing stream of real-time data. ActiveScaler focuses on serving a range of transportation providers from individual mobility operators to multi-mode integrators and large scale commercial fleets. For more information, please visit www.activescaler.com.

Denso Corporation published this content on 05 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 January 2018 12:44:03 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on DENSO CORP
08/11Automakers warm up to friendly hackers at cybersecurity conference
RE
08/06EXCLUSIVE : Tens of thousands losing jobs as India's auto crisis deepens - sourc..
RE
08/04DENSO : The Korea Fair Trade Commission's Announcement Concerning the Monopoly R..
PU
08/04DENSO : The Korea Fair Trade Commission's Announcement Concerning the Monopoly R..
AQ
07/31DENSO : Announces First-quarter Financial Results
AQ
07/16DENSO : Focuses on Connected Technology at New Seattle Innovation Lab
PU
07/12Volkswagen investment vaults Argo into top ranks of self-driving firms
RE
07/12DENSO : Establishes Joint Venture to Offer Aftermarket Products and Services in ..
PU
07/11A Ford-Volkswagen alliance with Argo could redraw self-driving sector
RE
07/11A Ford-Volkswagen alliance with Argo could redraw self-driving sector
RE
More news
Financials (JPY)
Sales 2020 5 492 B
EBIT 2020 378 B
Net income 2020 303 B
Finance 2020 325 B
Yield 2020 3,22%
P/E ratio 2020 11,3x
P/E ratio 2021 10,4x
EV / Sales2020 0,56x
EV / Sales2021 0,54x
Capitalization 3 399 B
Chart DENSO CORP
Duration : Period :
Denso Corp Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DENSO CORP
Short TermMid-TermLong Term
TrendsBearishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 5 621,05  JPY
Last Close Price 4 386,00  JPY
Spread / Highest target 47,7%
Spread / Average Target 28,2%
Spread / Lowest Target 2,60%
EPS Revisions
Managers
NameTitle
Koji Arima President, CEO & Representative Director
Yoshifumi Kato Head-Technology Development Center
Tomoaki Shirai Manager-Information Systems
Yasushi Yamanaka Representative Director, VP & Head-Quality
Shoji Tsuzuki Director & Senior Managing Executive Officer
Sector and Competitors
1st jan.Capitalization (M$)
DENSO CORP-9.34%31 357
CONTINENTAL AG-10.79%23 849
APTIV35.50%21 374
HYUNDAI MOBIS CO., LTD.--.--%18 998
MAGNA INTERNATIONAL INC.3.78%15 244
WEICHAI POWER CO., LTD.--.--%12 257