Transfer of the Fuel Pump Module and Type III Alternator Businesses
First written in FY2022. 1 of 2 entries say "Achieved", first in FY2023. Latest entry: FY2023.
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- FY2023AchievedAnnual report
「During the previous consolidated fiscal year, the fuel pump module business and the assets and liabilities held by KYOSAN DENSO MANUFACTURING KENTUCKY, LLC included in that business, which had been classified as assets held for sale and directly related liabilities, were transferred to AISAN INDUSTRY CO.,LTD. effective 1 September 2022.」
The transfer of the fuel pump module business to AISAN INDUSTRY CO.,LTD. was completed effective 1 September 2022, implementing a transformation of the business portfolio. - FY2022First statedAnnual report
「The company has also decided to transfer its fuel pump module business to AISAN INDUSTRY CO.,LTD. and its Type III alternator business to 成都華川電装有限責任公司 (Hua Chuan Denso). By strengthening collaboration with these partners, the company will fulfill its responsibility to supply customers, transform its business portfolio, and accelerate the strengthening of its focus areas.」
The company has disclosed for the first time a measure to transfer businesses in overlapping areas to partners, transform its business portfolio while maintaining its supply responsibilities,