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Denso Wave Incorporated

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Denso Wave Incorporated - Semiconductor showcase

Year Founded & Workforce

1976

170,000 Employees

Industry

Semiconductor

Services

Robotic Arms
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Denso Wave Incorporated Overview

Company Headquarters: Japan

Founded: 1976

Workforce: ~ 170,000

Company Working: Denso Wave is one of Denso's subsidiaries. DENSO WAVE has four business divisions that each produce goods that help increase industrial productivity: AUTO-ID, which creates, designs, and sells barcode, QR Code, and RFID readers; Robot, which creates, designs, and sells compact industrial robots; Controller, which creates security controllers and programmable controllers; and System Solution, which provides security, cashless, and QR Code solutions. The Denso Group, which has continued to solve the issues of plant automation, including high-level quality assurance, efficiency increase, and reduced production lead times, established the Denso Robot series by combining manufacturing technologies.

Strategy

Denso Wave Incorporated has been working aggressively to expand its business activities globally. The company is working toward addressing the needs of customers across regions. It is looking forward to becoming a highly trusted entity. Along with such efforts, it has established a global network of 200 consolidated subsidiaries in 38 countries. The company is strategizing to boost further its market share in North America, Europe, and Asia. Denso focuses on developing products in hybrid and electric vehicles, advanced driver assistance systems, automated driving solutions, and connected cars.

Company Snapshot

$48,000M

Revenue

170,000

Employees

1976

Founded

Japan

Headquarters

SWOT Analysis

Strengths

  • Diversified product portfolio
  • Strong domestic presence

Weaknesses

  • Limited M&A activities
  • Limited presence in the European market

Opportunities

  • Emerging market for robotics
  • Scope of expansion in the European market

Threats

  • High export volumes
  • Foreign currency exchange rate fluctuation

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Key Developments

DateApproachDevelopment
October 2019CertificationFor the COBOTTA collaborative robot, DENSO Robotics receives cTUVus certification (UL standard compatible). The Occupational Safety and Health Administration (OSHA) in the United States and the Standards Council of Canada (SCC) in Canada both recognize TÜV Rheinland of North America as a Nationally Recognized Testing Laboratory (NRTL). This international third-party certification organization issued this certification.

Product Offering

  • Denso Wave Incorporated
    • Robotic Arms

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales fell from USD 48 Bn in 2020 to USD 40.4 Bn in 2022.
Denso Wave Incorporated — By Business Segment
Series (USD Bn)202020212022
Sales4844.640.4

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