DENSO Names New President and CEO of North American Headquarters

SOUTHFIELD, Mich., June 24 /PRNewswire/ -- DENSO today announced that Yoshiki "Steve" Sekiguchi will be president and CEO of DENSO International America (DIAM), DENSO's North American headquarters, effective immediately. Sekiguchi is a managing officer of DENSO Corporation and replaces Haruya "Harry" Maruyama, who will return to Japan to head the Global Sales and Business Development Department, Toyota Sales Department, Chubu Sales Department, and the Hiroshima Branch Office.

In 1978, Sekiguchi began his career in the Aftermarket Department of DENSO Corp. (formerly Nippondenso Co., Ltd.), responsible for aftermarket sales in Thailand. In 1984, he was transferred to DENSO Sales California, Inc. (formerly Nippondenso Los Angeles, Inc.), where Sekiguchi helped increase Original Equipment Manufacturer and aftermarket sales in North America. After returning to Japan in 1990, he served in various sales positions, including the Toyota Sales Department and the Sales Planning Department, where he broadened his sales and marketing experience and contributed to DENSO's global sales expansion.

Sekiguchi was promoted to general manager of the Sales and Planning Department in 2007, where he was responsible for product planning, international business planning and marketing. In June 2008, Sekiguchi was named one of DENSO's managing officers.

As president and CEO of DIAM, Sekiguchi also will serve as chair of the Board of Directors for the North American DENSO Group.

DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global supplier of advanced automotive technology, systems and components. Worldwide, the company employs approximately 120,000 people in 32 countries and regions, including Japan. Consolidated global sales for the fiscal year ending March 31, 2009, totaled US$32.0 billion. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

In the Americas, DENSO employs more than 16,000 people, with consolidated sales totaling US$5.7 billion for the fiscal year ending March 31, 2009. For more information, go to www.densomedia-na.com.

SOURCE DENSO Corporation



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