1、Integrated Report 2024For the year ended March 31,2024DENSO PhilosophyContributing to a better worldby creating value together witha vision for the futureQuality FirstOn-site VerificationKaizen,Continuous ImprovementProviding quality and reliability beyond customer expectationsCredibilityAchieving t
2、he highest results by working as a teamCommunicationTeamworkHuman DevelopmentCollaborationVisionCreativityChallengeForesightProviding surprises and impressions in a way that only DENSO canDENSO SpiritA spirit of foresight,credibility and collaborationThe DENSO Spirit expresses values and beliefs sha
3、red by our employees around the world that we have cultivated since our establishment in 1949.The DENSO Spirit is an action guideline that provides the driving force for contributing to the mobility society and the lifestyles of people as well as the source of our competitiveness.In 1956,seven years
4、 after the founding of NIPPONDENSO,we formulated the DENSO Creed for the purpose of protecting,nurturing,and passing on to the next generation the mentality of all DENSO employeeswhich we possessed even before splitting from Toyota Motor Co.,Ltd.while taking the next step toward new progress based o
5、n a clear self-awareness.Without changing the values encapsulated in the DENSO Creed,we for-mulated the DENSO Philosophy in 1994 to reflect the social changes occur-ring at the time and to better clarify the meaning of the DENSO Creed in words that were more appropriate for the time.In addition,to s
6、hare our value system with DENSO employees on a global basis as the number of Group companies and local employees began to dramatically increase,we established the DENSO Spirit in 2004.The four ideals of the DENSO Creed,which have served as the source of the Companys progress to date,have been gradu