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DENSO Named One of World's 100 Best-Managed Companies by Industry Week

31 August 1999

DENSO Named One of World's 100 Best-Managed Companies by Industry Week

    SOUTHFIELD, Mich., Aug. 31 -- DENSO Corporation, global
Corporate Headquarters for DENSO International America, has been named one of
the World's 100 Best-Managed Companies by Industry Week magazine on its fourth
annual list.
    Each company was selected after a lengthy evaluation that included the
following four steps:  analysis of the company's financial performance; review
of a questionnaire that each Industry Week 100 company was given an
opportunity to complete; research into each company's practices in areas such
as philanthropy and safety; and voting by a panel of more than 100 business
leaders, analysts and academicians.
    Industry Week Editor-in-Chief John Brandt said, "Industry Week's 100 Best-
Managed Companies demonstrate superior, consistent financial performance.  We
also honor these companies for investing heavily in such areas as research and
development, new markets, employees and society."
    This is the second time the magazine has singled out DENSO for honors.  In
1991, it named DENSO Manufacturing Michigan, Inc. in Battle Creek one of the
10 Best Manufacturing Firms in the United States.
    Industry Week, published by Penton Media Inc., has more than 800,000
readers worldwide, including senior executives in manufacturing and supporting
industries.
    DENSO, a global supplier of advanced technology, systems and components,
is also the fourth largest automotive component supplier in the world, serving
all major carmakers.
    DENSO's North American headquarters -- DENSO International America, Inc.
-- is located in Southfield.  In North America, DENSO employs more than 11,000
at 16 companies.  North American consolidated sales for 1998 totaled $3.1
billion.
    Headquartered in Kariya, Aichi, Japan, DENSO worldwide employs more than
72,000 in 26 countries.  Sales for fiscal year 1999 were $14.5 billion.
    DENSO has 13 manufacturing facilities in North America.