|Friday, 7 September 2018, 17:00 HKT/SGT|
|- Contributing to the development of the manufacturing industry through FA systems -|
KARIYA, JAPAN, Sept 7, 2018 - (JCN Newswire) - DENSO Corporation today announced that it has agreed with Pioneer Corporation to take a stake in Tohoku Pioneer EG Corporation, which is involved in the factory automation (FA) business and is owned by Tohoku Pioneer Corporation, a consolidated subsidiary of Pioneer Corporation.
Recently, the global environment for the manufacturing industry is at a turning point due to the shrinking workforce and aging population. Various initiatives are being taken to promote industrial change, such as Connected Industries in Japan and INDUSTRIE 4.0 in Germany.
Against this backdrop, DENSO set the goal of developing optimal solutions for FA systems in the Long-term Plan 2025 formulated in 2017. Specifically, DENSO will offer FA system solutions that combine automation processes using robots with IoT-based kaizen support by leveraging its expertise in process design and worksite management refined through many years of manufacturing automotive components, thereby offering new value to society.
As a system integrator of various automated production equipment, Tohoku Pioneer EG has supplied advanced custom-made FA production systems that meet the needs of customers, including DENSO, in various industries such as the automotive, electrical/electronic equipment, medical, food, semiconductor, and IT industries.
DENSO's track record of introducing automation systems at 130 plants globally has an affinity with Tohoku Pioneer EG's experience in offering FA production system. By taking a stake in Tohoku Pioneer EG, DENSO will be able to offer optimal streamlined FA system solutions and thereby contributing to the overall development of the manufacturing industry.
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.
Sadayoshi Yokoyama, Toshiko Watanabe
Sept 7, 2018 17:00 HKT/SGT
Topic: Press release summary
From the Asia Corporate News Network
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