Suppliers

Denso Is One of Fortune’s Most Admired Companies

Posted on March 5, 2019

Denso Corp. has been named to the list of World’s Most Admired Companies by Fortune magazine for the fifth straight year.

The company placed sixth in the Motor Vehicle Parts industry, advancing one spot from 2018.

The company says this recognition follows recent changes to adapt to and lead widespread industry change, such as investing in strategic startup partners, pushing into software-based solutions and expanding its North American research and development capabilities.

“Our new company direction, strategic investments and long-term vision to push mobility innovations to new heights likely played a role in our new ranking,” said Kenichiro Ito, CEO of DENSO International America, Inc. “Most importantly, we credit this recognition to our talented, dedicated and collaborate associates who consistently demonstrate an unparalleled passion for creating safe and efficient vehicles.”

The World’s Most Admired Companies list—regarded as the authority on corporate reputations—is compiled by Fortune and Korn Ferry Hay Group through surveys of industry executives, directors and analysts who evaluate companies on nine criteria. Denso received its highest scores in the innovation, social responsibility and product quality categories.

Fortune’s full list of World’s Most Admired Companies is available in the magazine’s February issue. To view the Motor Vehicle Parts, ranking click here.

Globally headquartered in Kariya, Japan, Denso Corp. is a $48.1 billion global mobility supplier that develops technology and components for nearly every vehicle make and model on the road today. Denso has 170,000-plus employees and 220 facilities in 25 countries that produce thermal, powertrain, mobility, electrification and electronic systems.

In North America, Denso employs 24,000-plus engineers, researchers and skilled workers across 31 sites in the U.S, Canada and Mexico. Denso Products and Services Americas Inc. is headquartered in Southfield, Mich. For more information on Denso in North America, go to www.denso.com/us-ca/en.

Related Topics: Fortune Most Admired Companies list, suppliers

Comments ( 0 )
More Stories
The Continental VikingContact 7 winter tire was runner-up in the Tire and Related Product Category of the SEMA Show’s New Product Awards competition.
Article The Evolution of Winter Tires

True or false: A tire with the 3-Peak Mountain Snowflake symbol stamped on the sidewall is always a winter tire. The answer is false: A winter tire must be branded with the symbol, but that alone doesn’t make it a winter tire.

News YourMechanic Adds Tire Sales and Installation Via Goodyear Dealers

Goodyear Tire & Rubber Co. will provide tire sales and installation services to customers of YourMechanic Services Inc.’s online platform.

News One Tire Brand Dominates J.D. Power OE Tire Rankings

There’s only one tire brand that ranked “among the best” in every category of J.D. Power’s 2019 Original Equipment Tire Customer Satisfaction Study.

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!