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MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  DENSO Corporation    6902   JP3551500006

DENSO CORPORATION

(6902)
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DENSO : NaviBridge, a Smartphone Application Designed to Send Searched Locations from Phones to Car Navigation Systems, Compatible with Over 1,000 GPS

09/29/2020 | 05:11am EST

TOKYO, Sept 29, 2020 - (JCN Newswire) - - DENSO Corporation today announced that its smartphone application NaviBridge* is compatible with more than 1,000 car navigation systems.

Through NaviBridge, a user can share searched locations on their smartphone with car navigation systems through a single touch, delivering them quick and easy access to important directions and allowing them to focus on what matters most: the road ahead. It comes in iOS and Android versions; both are free.

DENSO began developing NaviBridge for its own car navigation systems in 2008 and, in 2012, started supplying it to car navigation developers. As of August 2020, NaviBridge is compatible with approximately 1,026 car navigation systems, 25 million of which are on roads today and available in 58 countries around the world.

Areas where NaviBride is provided On June 20, 2020, DENSO released NaviBridge's latest iteration, version 6.0, which features an updated and redesigned user interface, as well as the ability to share location information with other users. With this feature, users can easily share their favorite spots and travel destinations with friends.

DENSO will continue to make updates that reflect users' lifestyles and contribute to a comfortable mobility society through NaviBridge.

For more information on the application and download, visit https://www.navicon.com/navibridge/en/support

* In Japan, DENSO released this application with name of NaviCon.

About Denso

DENSO is a $48.3 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 221 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 9.3% of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

Copyright 2020 JCN Newswire . All rights reserved.

© Japan Corporate News, source JCN Press Releases

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Financials
Sales 2021 4 698 B 45 118 M 45 118 M
Net income 2021 91 431 M 878 M 878 M
Net cash 2021 190 B 1 821 M 1 821 M
P/E ratio 2021 43,2x
Yield 2021 2,62%
Capitalization 4 006 B 38 513 M 38 474 M
EV / Sales 2021 0,81x
EV / Sales 2022 0,74x
Nbr of Employees 170 932
Free-Float 56,9%
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Technical analysis trends DENSO CORPORATION
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 5 580,63 JPY
Last Close Price 5 170,00 JPY
Spread / Highest target 23,8%
Spread / Average Target 7,94%
Spread / Lowest Target -16,8%
EPS Revisions
Managers
NameTitle
Koji Arima President, CEO & Representative Director
Yasushi Matsui CFO & Senior Head-Corporate Administration
Shoji Tsuzuki Chief Information Security Officer
Hiroyuki Wakabayashi Representative Director, CTO, VP & Head-Technology
Yasushi Yamanaka Representative Director, VP & Head-Quality
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