``Denso Dialogue Day 2021'' Report Conveying Strategies and Thoughts ``Taking on the Challenge of Developing Non-Denso Businesses'', President Arima

Fiscal year 2020 will be a year of catastrophe, and 2021 will be a year of new beginnings

Denso announced on May 25th that it would contribute to the realization of a mobility society in the future. In addition to the long-term policy for 2030 formulated in December 2020, we plan and implement growth strategies in the fields of environment and peace of mind formulated in December 2020. "DENSO Dialog Day 2021" will be held to explain to the media, analysts, and investors about business initiatives and progress toward achieving the transformation plan "Reborn 21," which simultaneously promotes the transformation of ” was held online.

Denso Dialogue Day was held for the first time in 2019, and this is the second time. The five speakers, President and CEO Koji Arima, CCRO Yukihiro Shinohara, Executive Officer and CTO Yoshifumi Kato, Executive Officer CSwO Shinnosuke Hayashi, and Executive Officer CFO and CRO Yasushi Matsui, spoke about "Environmental Strategy" and "Peace of Mind". Strategy," "Software Strategy," and "Growth Strategy for Corporate Value Creation" were divided into four parts, and explanations were given on the strategies and the thoughts put into them.

Mr. Koji Arima, President, Denso Corporation I thanked him for overcoming it. He also said, ``It was also a year that made me keenly aware of the importance of crisis management,'' and said that past experiences such as the Great East Japan Earthquake were utilized, and prompt cooperation and a quick initial response were possible. Going forward, he said, "Based on the premise that a crisis will surely come, we will position crisis management as the most important issue and strengthen our efforts to respond."

In addition, as a major event in 2020, he pointed out that the value standards in the world changed greatly, and that lifestyles, work styles, communication methods, etc. changed, and the value of work and contact with people He looked back on what led to a major reassessment of the value of doing things and the value of moving.

Continuing on, "Carbon Neutral" is another factor that has greatly changed the value standards of business and consumption. Cleanliness of the process, including the cleaning process, has become a prerequisite for business transactions.

With these various changes, DENSO has moved to an era where new existence value is being questioned. He introduced that he will challenge "development of products" and "cultivation of non-Denso business".

In contrast to 2020, in which we have strengthened DENSO's structure and created a new foundation centered on the "environment" and "peace of mind" initiatives set forth in the transformation plan "Reborn 21," 2021 will be a new year. Declaring that this will be the year of the start, the company has declared that it will expand the field from "mobility" and "manufacturing" to "society".

In addition, regarding the realization of "zero CO2 emissions" as an environmental measure, we respond to various needs and solutions, such as differences in energy policies by country and region, differences in power and fuel, and differences in usage and size. We will accelerate technological development to expand options and contribute to the realization of carbon neutrality in a wide range of areas.

Furthermore, regarding initiatives for peace of mind, it is important to "spread" to achieve "zero traffic accidents", and clearly states that it will work to improve the safety performance not only of new cars but also of current owned cars and used cars. . This will make it possible to present options that can respond to different traffic conditions and different traffic infrastructure conditions not only in Japan but also in the world. He also touched on the fact that there are more than 1.4 billion vehicles owned worldwide, and said, "The impact of making owned and used cars carbon neutral and popularizing retrofit safety devices will be immeasurable." rice field.

Finally, in addition to the mobility field, in the society field, we will challenge the creation of new value through "non-DENSO" businesses such as urban development and agriculture. We will create new solutions that make use of the trinity of "mechanics", "electronics" and "software".

From now on, he concluded, "While boldly taking on the challenge of completely new ways of doing things, if DENSO can contribute to making people and society happy through the environment and peace of mind, we will approach it with the stance of not narrowing down the category."