Denso Corp - Company Profile
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Denso Corp (Denso) is a manufacturer and supplier of advanced automotive technology, systems and components. Diverse operational presence, increase in net working capital and focus on R&D are its major strengths, even as increasing trade receivables could be a cause for concern to the company. Going forward, hydrogen market in Asia, growth initiatives and contracts and agreements are likely present growth avenues to the company. However, foreign currency fluctuations, rapidly changing technology, competition and foreign currency fluctuations could affect the company’s performances.
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