news releases

 



DENSO to Close Aftermarket Sales Company in Indonesia
Date: 07/11/2005

- P.T. DENSO Sales Indoparts Utama Shifts Operations to P.T. DENSO Sales Indonesia -

TOKYO- DENSO Corporation announced today that it has shifted operations from P.T. DENSO Sales Indoparts Utama (DSIU), an aftermarket auto component sales company in Tanjung Priok, Jakarta, to P.T. DENSO Sales Indonesia (DSIA), a sales company established in November 2004. It is presently expected that operations at the DSIU facility will close by the end of 2005.

As planned when DSIA was established, DENSO consolidated its sales operations for aftermarket and car manufacturers to strengthen sales in Indonesia.

"While viewing ASEAN as a single strategic region, DENSO established the region's optimal production system, where a manufacturing base in each country produces specific products that complement each other," said Michio Fukuzaki, senior managing director in charge of DENSO's Sales Group. "The newly consolidated sales operations make the regional production system work even better and more efficiently."

DSIU, established in 2001, is 100 percent owned by P.T. DENSO Indonesia Corporation (DNIA), a manufacturing company, and DSIU's 81 employees were transferred to DSIA or DNIA based on area of expertise.

DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global supplier of advanced technology, systems and components. Its customers include all the world's major carmakers. Worldwide, the company employs 104,000 people in 31 countries and regions, including Japan. Consolidated global sales for the fiscal year ended March 31, 2005 totaled US$26.2 billion. DENSO common stock is traded on the Tokyo, Osaka and Nagoya stock exchanges. For more information, go to www.globaldenso.com.

About DSIU
1. Name : P.T. DENSO Sales Indoparts Utama
2. Established : July 2001
3. Location : Sunter, Tanjung Priok, Jakarta
4. Capital : 2 billion rupiah (US$0.2 million) (20.6 million yen) *
5. Ownership : 100 percent ownership by P.T. DENSO Indonesia Corporation (DNIA)
6. President : Bambang Wiyono
7. Business line : Sales and repair of automotive components
8. Sales : 144 billion rupiah (US$13.4 million) (1.5 billion yen) * (in fiscal 2003)

 



Contact:

Sadayoshi Yokoyama
+81 566-25-5594
sadayoshi_yokoyama@denso.co.jp

Goro Kanemasu
+81 566-25-5594
goro_kanemasu@denso.co.jp