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DENSO to Construct New Building at Agui Plant for Development and Sales of Electronic Products and Industrial Robots.


Kariya Kariya (kärē`yä), city (1990 pop. 120,126), Aichi prefecture, central Honshu, Japan. It is an industrial center with textile, mechanical, food-processing industries, and ceramic tile industries. , Japan, Oct 22, 2007 - (JCN JCN Japan Corporate News
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 Newswire) - DENSO DENSO Corporation (株式会社デンソー   Corporation announced today that it will construct a new office building on the premises of its Agui Agui (Chinese: 阿桂; September 7, 1717 - October 10, 1797 in Beijing) was a Chinese noble general for the Qing dynasty. He was a scion of a noble family who led Chinese military operations that put down uprisings in the western  Plant located in Agui-cho, Chita-gun, Aichi Aichi (ī`chē), prefecture (1990 pop. 6,690,440), 1,962 sq mi (5,082 sq km), central Honshu, Japan. Bounded on the S and W by Ise Bay, Aichi consists of a coastal plain (the Nobi Plain) and a mountainous, forested interior.  prefecture, Japan, to house DENSO WAVE, Inc. DENSO WAVE will transfer its operations, including development design and administration, from DENSO headquarters to the new building in April 2009.

Construction for the new office building is scheduled to begin in May 2008 with completion in March 2009. The total building investment will be approximately 2.6 billion yen (approximately US$22.5 million).

DENSO WAVE develops and markets industrial products such as bar-code readers and robots. This relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation.
     2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation.
 will allow DENSO WAVE to work at the Agui Plant together with DENSO ELECS Co., Ltd., which manufactures products developed by DENSO WAVE. The two companies will thus be able to work more closely together to further enhance product development capability.

Profile of new building office
1. Building area:           12,000m2
2. Location:                1, Yoshiike, Kusaki, Agui-cho, Chita-gun,
                            Aichi, Japan (at the DENSO Agui Plant)
3. Building investment:     Approximately 2.6 billion yen
                            (approximately US$22.5 million)
4. Beginning of operations: April 2009
5. Employees:               Approximately 660


Profile of DENSO WAVE Inc.
1. Established:             1976
2. Location (headquarters): 5F, Toranomon 4-Chome MT Bldg. II 4-2-12,
                            Toranomon, Minato-ku, Tokyo, Japan
3. Capital:                 495 million yen (approximately US$4.3 million)
4. Ownership:               75 percent owned by DENSO Corporation
                            15 percent owned by Toyota Tsusho Corporation
                            10 percent owned by Toppan TDK Label Co.,Ltd
5. President:               Ageishi Kazunobu
6. Business field:          Development and sales of electronic products
                            including bar-code readers, IC card readers,
                            and programmable controllers, and industrial
                            robots and systems
7. Employees:               612 (as of September 2007)
8. Sales:                   45.4 billion yen
                            (approx. US$393.3 million for fiscal 2006)


Profile of DENSO ELECS Co., Ltd.
1. Established:             1976
2. Location:                1, Yoshiike, Kusaki, Agui-cho, Chita-gun,
                            Aichi, Japan (at the DENSO Agui Plant)
3. Capital:                 95 million yen (approximately US$823,000)
4. Ownership:               100 percent owned by DENSO Corporation
5. President:               Fumiaki Nagata
6. Business field:          Production of electronic products including
                            bar-code readers, IC card readers, and
                            programmable controllers, and industrial
                            robots and systems
7. Employees:               285 (as of September 2007)
8. Sales:                   18.5 billion yen (approximately US$160 million
                            for fiscal 2006)


*Exchange rates used are 115.43 yen per one dollar, at the end of September September: see month.  2007 for convenience only. Billion is used in the American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of  sense of one thousand million.

About DENSO Corporation

DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global supplier of advanced technology, systems and components. Worldwide, the company employs approximately 106,000 people in 32 countries and regions, including Japan. Consolidated global sales for the fiscal year ended March 31, 2006 totaled US$27.3 billion. DENSO common stock is traded on the Tokyo Tokyo (tō`kēō), city (1990 pop. 8,163,573), capital of Japan and of Tokyo prefecture, E central Honshu, at the head of Tokyo Bay. , Osaka Osaka (ō`säkä), city (1990 pop. 2,623,801), capital of Osaka prefecture, S Honshu, Japan, on Osaka Bay, at the mouth of the Yodo River.  and Nagoya stock exchanges Nagoya Stock Exchange

Established after World War II, one of the three major securities markets in Japan.
 in Japan. For more information, go to www.globaldenso.com or visit our media website at www.densomediacenter.com.

Source: DENSO Corporation

Contact:
Miwa Kurokawa,
Goro Kanemasu
DENSO CORPORATION
Phone: 81-566-25-5594
Fax: 81-566-25-4509
miwa_kurokawa@denso.co.jp
goro_kanemasu@denso.co.jp


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Publication:JCN Newswires
Geographic Code:9JAPA
Date:Oct 22, 2007
Words:531
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