Spun off from Toyota Motor Co., Ltd. in 1949 as NIPPONDENSO Co. Ltd, DENSO is now a global company focused on advanced mobility that positively changes the way the world moves and contributes to greater well-being. As a global Fortune 500 company, DENSO has a diversified product portfolio and far-reaching global influence.
Today, the DENSO Group has more than 164,000 employees in 190 countries.
As a pioneer in the field of process optimization of industrial workflows, NIPPONDENSO developed a way to electronically process kanbans ("routing slips"), where barcodes (later also QR codes) printed on the kanban are read with scanners at various stations, thus electronically recording the next work step in the process with a time stamp or determining the further sequence. This was an important milestone in the transformation to "just-in-time" production and many processes based on it.
In 1994, Masahiro Hara developed a special two-dimensional code: the so-called QR code. QR stands for Quick Response and refers to the extremely fast decoding of information. Originally developed for marking assemblies and components for logistics in the automotive production of the Toyota Group, the QR code began its triumphal march around the world at the latest since the COVID-19 pandemic.
At a glance.
Foundation of DENSO Corporation
Consolidated net sales fiscal year 2022
Stock Exchange Listing Tokyo, Osaka & Nagoya
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