DENSO Corporation, headquartered in Kariya, Aichi Prefecture, Japan, is a leading supplier of advanced automotive technology, systems and components for the worlds major car makers. DENSO operates through more than 200 subsidiaries and affiliates in 35 countries and regions. We employ approximately 120,000 employees across all aspects of our automotive business: from sales and product development to design and manufacturing. Consolidated global sales for the fiscal year ending March 31, 2012 totalled 28.8 billion, approximately 9.5% of which was invested in research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. Alongside a focus on product quality and innovation, DENSO places particular importance on environmental concerns and Corporate Social Responsibility (CSR) activities. Our Philosophy Everything we do at DENSO is based on our philosophy: Contributing to a better world by creating value together with a vision for the future. This philosophy helps to make us a corporation that is trusted by people around the world. All of our corporate actions are guided by DENSOs strong management principles: u¢Customer satisfaction through delivery of quality products and services u¢Global growth through timely anticipation of change u¢Environmental preservation and harmony with society u¢Corporate vitality and respect for individuality We also place high value on promoting individual spirit, encouraging employees to be: u¢Creative in thought and steady in action u¢Cooperative and pioneering u¢Trustworthy through self-improvement Markets DENSO in Europe is being inspired by the challenges of a rapidly changing marketplace in the 21st century. Established in 1973 in Weesp, the Netherlands, DENSO Europe B.V. was DENSOs first European subsidiary and now also serves as the European Headquarters of DENSO Corporation. Encompassing both OE and aftermarket activities, DENSO Europe has over 13,000 employees working in a total of 18 manufacturing sites and seven sales offices across Europe from all the mature EU markets to countries as far afield as Russia and Morocco. In addition, DENSO Europe operates state-of-the-art engineering laboratories and testing centres in Germany, the United Kingdom, Italy and Sweden. Within this, our dedicated European Aftermarket and Industrial Solutions business unit is expanding rapidly in the fields of replacement parts, bus air conditioning and robotics.