DENSO : Announces Organizational Changes in Pursuit Green, Peace of Mind Causes

For Immediate Release

December 3, 2021

DENSO Announces Organizational Changes in Pursuit Green,

Peace of Mind Causes

KARIYA, Japan. (Dec. 3, 2021) - DENSO, a leading mobility supplier, today announced changes to its organization, executive structure and personnel, effective January 1, 2022.

The changes will help DENSO:

• Achieve its Long-term Policy 2030, which includes the concept of "Bringing hope for the future for our plants, society and all people."
• Accomplish "Reborn 21," an internal plan to revolutionize operations to provide new value to society.
• Expand its business domains to mobility, manufacturing and society-focused business,
• Enhance the pursuit of its "green" (environmentally friendly) and "peace of mind" (safer world for all) values.

DENSO's updates include:

I. Organizational Changes

1. In order to realize carbon neutrality, DENSO will provide value to customers with a total-system perspective. To help achieve this, the company will establish two new departments, the Electrified Energy Management System Engineering Dept. and the Electrified Energy Management System Business Planning Dept. They will oversee the development and planning of all business across the Powertrain Systems Business Group, Electrification Systems Business Group and Thermal Systems Business Group.
2. To create new systems that solve social issues beyond the scope of mobility, DENSO will combine its strengths in sensors and semiconductors by establishing the Advanced Devices Business Group. It will encompass the Mechatronics Systems Business Unit, Sensing Systems Business Unit, and Semiconductor Business Unit.
3. DENSO will create the New Business Development Dept. to generate growth scenarios in non-mobility businesses and study the organization of the new business groups.

4. In October, DENSO announced itreorganized its North America Engineering and R&D divisionsto better integrate the company's electrification, thermal and safety systems. Reorienting its product groups around Green Technology and Mobility Systems will strengthen DENSO's ability to meet customers' evolving needs and advances its efforts to power society's shift to green, safe and seamless mobility.

II. Changes to Executive Structure and Executives
	Name	New	Current
	Yukihiro Shinohara	Representative Member of	Member of the Board,
		the Board,	Senior Executive Officer
		Executive Vice President
	Toshiyuki Kato	Retirement / Mission Executive*1	Senior Executive Officer
	Hiroyuki Ina	Retirement	Senior Executive Officer
*1; In charge of special assignment

Operating Officers' areas of responsibility effective January 1, 2022

			Changes are underlined
Title	Name	New	Current
Representative	Koji Arima	-	-
Member of the
Board, CEO
Representative	Yukihiro	CCRO, CQO,	CCRO, CQO, Head of Safety,
Member of the	Shinohara	Environment Neutral	Quality & Environment Center,
Board,		Systems Development Div.	Environment Neutral Systems
Executive Vice			Development Div., FC System
President			Business Development Div.,
			CV&OH Div.
Member of the	Kenichiro	CRO, CHRO,	CHRO, Head of General
Board,	Ito	Head of General	Administration & Human
Senior Executive		Administration & Human	Resource Center, Korea area
Officer		Resources Center, NA
		area, EU area, Korea area
Member of the	Yasushi	CFO, Head of Corporate	CRO,CFO, Head of Corporate
Board ,	Matsui	Strategy Center, Group	Strategy Center, Group
Senior Executive		Companies of Japan,	Companies of Japan
Officer		Asia area, China area

Senior Executive	Katsuhisa	CMzO,	CMzO, Head of Monozukuri
Officer	Shimokawa	Head of Monozukuri Group,	Group, Head of Industrial
		Head of Industrial Solution	Solution Business Unit
		Business Unit
Senior Executive	Shoji	CDO,	CISO, Head of IT Digital Center
Officer	Tsuzuki	Head of IT Digital Center
Senior Executive	Yoshifumi	CTO,	CTO, Head of Research &
Officer	Kato	Head of Advanced	Development Center, Advanced
		Devices Business Group,	Mobility Systems Business
		Solution Planning for	Development Div., Solution
		Smart City Dept., New	Planning for Smart City Dept.,
		Business Development	AD Business of Mobility
		Dept., AD Business of	Systems Business Group,
		Mobility Electronics	President of MIRISE
		Business Group,	Technologies, President of
		President of MIRISE	SOKEN
		Technologies, President
		of SOKEN
Senior Executive	Kazuaki	Head of OEM Sales and	Head of OEM Sales and
Officer	Fujitani	Marketing Group, Solution	Marketing Group, Solution Sales
		Sales & Marketing Group,	& Marketing Group
		Head of Tokyo Sales Div.
Senior Executive	Yasuhiro	Head of Global Production	Head of Global Production &
Officer	Iida	& Purchasing Center	Purchasing Center
Senior Executive	Yasuhiko	Head of Thermal Systems	Head of Thermal Systems
Officer	Yamazaki	Business Group	Business Group
Senior Executive	Hirotsugu	Head of Research &	Head of Mobility Systems
Officer	Takeuchi	Development Center	Business Group
Senior Executive	Hidehiro	Head of Legal. External	Head of Legal. External Affairs
Officer	Yokoo	Affairs & Communications	& Communications Center,
		Center, Tokyo Office,	Tokyo Office(External Affairs),
		Audit Dept., Managing of	Audit Dept., Managing of
		Japan Region Dept., Food	Japan Region Dept., Food
		Value Chain Business	Value Chain Business
		Development Div.	Development Div.
Senior Executive	Jiro Ebihara	Head of Electrification	Head of Electrification Systems
Officer		Systems Business Group	Business Group

Senior Executive	Shinnosuke	CSwO, Head of Mobility	CSwO, GM of Software
Officer	Hayashi	Electronics Business	Innovation Dept., Head of
		Group	Electronics PF / Software in
			Mobility Systems Group,
			President of DENSO CREATE
			INC.
Senior Executive	Hisashi Iida	Head of Powertrain	Head of Powertrain Systems
Officer		Systems Business Group,	Business Group
		Electrified Energy
		Management System
		Engineering Dept.,
		Electrified Energy
		Management System
		Business Planning Dept.,
		Head of Injection
		Components Business
		Unit

Reference:Official name of CxO CRO: Chief Risk Officer CFO: Chief Financial Officer

CCRO: Chief Corporate Revolution Officer

CTO: Chief Technology Officer

CHRO: Chief Human Resources Officer

CQO: Chief Quality Officer

CMzO: Chief Monozukuri Officer

CSwO: Chief Software Officer

CDO: Chief Digital Officer*2

*2 CDO is in charge of establish and promote IT strategy including information security and management reform through Digital Transformation (DX). The Chief Information Security Officer (CISO) will change its name to CDO in order to focus on DX management reform.

About DENSO Corporation

DENSO is a $44.6 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 200 facilities to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company's 168,000+ 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 10.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2021. For more information about global DENSO, visit https://www.denso.com/global