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   <title>DENSO and TUV Rheinland Japan Confirm the Practicality of Battery Passport for AESC&amp;apos;s Energy Storage Product Using Actual Data</title>
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&lt;p&gt;KARIYA, JAPAN, Jun 30, 2026 - (JCN Newswire) -  - DENSO CORPORATION (Headquarters: Kariya City, Aichi Prefecture; President: Shinnosuke Hayashi, hereinafter referred to as &amp;quot;DENSO&amp;quot;) and T&amp;#220;V Rheinland Japan, Ltd. (Headquarters: Yokohama City, Kanagawa Prefecture; President: Kunihiro Okamoto, hereinafter referred to as &amp;quot;T&amp;#220;V Rheinland Japan&amp;quot;) have conducted a joint validation of battery passport for an energy storage product of AESC Group Ltd. (Head Office: Yokohama, Kanagawa; CEO: David Wan; hereinafter &amp;quot;AESC&amp;quot;), using actual data from AESC&amp;apos;s ESS*1 business. In this validation, DENSO, in collaboration with the relevant parties, was responsible for building and providing the technological foundation for battery</description>
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&lt;p&gt;KARIYA, JAPAN, Jun 30, 2026 - (JCN Newswire) -  - DENSO CORPORATION (Headquarters: Kariya City, Aichi Prefecture; President: Shinnosuke Hayashi, hereinafter referred to as &amp;quot;DENSO&amp;quot;) and T&amp;#220;V Rheinland Japan, Ltd. (Headquarters: Yokohama City, Kanagawa Prefecture; President: Kunihiro Okamoto, hereinafter referred to as &amp;quot;T&amp;#220;V Rheinland Japan&amp;quot;) have conducted a joint validation of battery passport for an energy storage product of AESC Group Ltd. (Head Office: Yokohama, Kanagawa; CEO: David Wan; hereinafter &amp;quot;AESC&amp;quot;), using actual data from AESC&amp;apos;s ESS*1 business. In this validation, DENSO, in collaboration with the relevant parties, was responsible for building and providing the technological foundation for battery</description>
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   <title>DENSO and TUV Rheinland Japan Confirm the Practicality of Battery Passport for AESC&amp;apos;s Energy Storage Product Using Actual Data</title>
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&lt;p&gt;KARIYA, JAPAN, Jun 30, 2026 - (JCN Newswire) -  - DENSO CORPORATION (Headquarters: Kariya City, Aichi Prefecture; President: Shinnosuke Hayashi, hereinafter referred to as &amp;quot;DENSO&amp;quot;) and T&amp;#220;V Rheinland Japan, Ltd. (Headquarters: Yokohama City, Kanagawa Prefecture; President: Kunihiro Okamoto, hereinafter referred to as &amp;quot;T&amp;#220;V Rheinland Japan&amp;quot;) have conducted a joint validation of battery passport for an energy storage product of AESC Group Ltd. (Head Office: Yokohama, Kanagawa; CEO: David Wan; hereinafter &amp;quot;AESC&amp;quot;), using actual data from AESC&amp;apos;s ESS*1 business. In this validation, DENSO, in collaboration with the relevant parties, was responsible for building and providing the technological foundation for battery</description>
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   <title>DENSO and TUV Rheinland Japan Confirm the Practicality of Battery Passport for AESC&amp;apos;s Energy Storage Product Using Actual Data</title>
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&lt;p&gt;KARIYA, JAPAN, Jun 30, 2026 - (JCN Newswire) -  - DENSO CORPORATION (Headquarters: Kariya City, Aichi Prefecture; President: Shinnosuke Hayashi, hereinafter referred to as &amp;quot;DENSO&amp;quot;) and T&amp;#220;V Rheinland Japan, Ltd. (Headquarters: Yokohama City, Kanagawa Prefecture; President: Kunihiro Okamoto, hereinafter referred to as &amp;quot;T&amp;#220;V Rheinland Japan&amp;quot;) have conducted a joint validation of battery passport for an energy storage product of AESC Group Ltd. (Head Office: Yokohama, Kanagawa; CEO: David Wan; hereinafter &amp;quot;AESC&amp;quot;), using actual data from AESC&amp;apos;s ESS*1 business. In this validation, DENSO, in collaboration with the relevant parties, was responsible for building and providing the technological foundation for battery</description>
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&lt;p&gt;KARIYA, JAPAN, Jun 30, 2026 - (JCN Newswire) -  - DENSO CORPORATION (Headquarters: Kariya City, Aichi Prefecture; President: Shinnosuke Hayashi, hereinafter referred to as &amp;quot;DENSO&amp;quot;) and T&amp;#220;V Rheinland Japan, Ltd. (Headquarters: Yokohama City, Kanagawa Prefecture; President: Kunihiro Okamoto, hereinafter referred to as &amp;quot;T&amp;#220;V Rheinland Japan&amp;quot;) have conducted a joint validation of battery passport for an energy storage product of AESC Group Ltd. (Head Office: Yokohama, Kanagawa; CEO: David Wan; hereinafter &amp;quot;AESC&amp;quot;), using actual data from AESC&amp;apos;s ESS*1 business. In this validation, DENSO, in collaboration with the relevant parties, was responsible for building and providing the technological foundation for battery</description>
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   <title>DENSO and TUV Rheinland Japan Confirm the Practicality of Battery Passport for AESC&amp;apos;s Energy Storage Product Using Actual Data</title>
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&lt;p&gt;KARIYA, JAPAN, Jun 30, 2026 - (JCN Newswire) -  - DENSO CORPORATION (Headquarters: Kariya City, Aichi Prefecture; President: Shinnosuke Hayashi, hereinafter referred to as &amp;quot;DENSO&amp;quot;) and T&amp;#220;V Rheinland Japan, Ltd. (Headquarters: Yokohama City, Kanagawa Prefecture; President: Kunihiro Okamoto, hereinafter referred to as &amp;quot;T&amp;#220;V Rheinland Japan&amp;quot;) have conducted a joint validation of battery passport for an energy storage product of AESC Group Ltd. (Head Office: Yokohama, Kanagawa; CEO: David Wan; hereinafter &amp;quot;AESC&amp;quot;), using actual data from AESC&amp;apos;s ESS*1 business. In this validation, DENSO, in collaboration with the relevant parties, was responsible for building and providing the technological foundation for battery</description>
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   <title>DENSO and TUV Rheinland Japan Confirm the Practicality of Battery Passport for AESC&amp;apos;s Energy Storage Product Using Actual Data</title>
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&lt;p&gt;KARIYA, JAPAN, Jun 30, 2026 - (JCN Newswire) -  - DENSO CORPORATION (Headquarters: Kariya City, Aichi Prefecture; President: Shinnosuke Hayashi, hereinafter referred to as &amp;quot;DENSO&amp;quot;) and T&amp;#220;V Rheinland Japan, Ltd. (Headquarters: Yokohama City, Kanagawa Prefecture; President: Kunihiro Okamoto, hereinafter referred to as &amp;quot;T&amp;#220;V Rheinland Japan&amp;quot;) have conducted a joint validation of battery passport for an energy storage product of AESC Group Ltd. (Head Office: Yokohama, Kanagawa; CEO: David Wan; hereinafter &amp;quot;AESC&amp;quot;), using actual data from AESC&amp;apos;s ESS*1 business. In this validation, DENSO, in collaboration with the relevant parties, was responsible for building and providing the technological foundation for battery</description>
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   <title>DENSO Group Formulates New Environmental Policy &amp;quot;Eco Vision 2035&amp;quot;</title>
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&lt;p&gt;KARIYA, JAPAN, Jun 27, 2026 - (JCN Newswire) -  - DENSO Corporation has formulated a new DENSO Group environmental policy, &amp;quot;Eco Vision 2035,&amp;quot; to address environmental challenges. Under this vision, as environmental issues such as climate change, water shortages and resources become increasingly severe and complex year by year, DENSO aims to thoroughly reduce the environmental impact of its own business activities. At the same time, leveraging its strengths in technology and manufacturing, DENSO seeks to provide society with &amp;quot;positive environmental value*1&amp;quot; that contributes to achieving neutrality across society.&lt;/p&gt;&lt;p&gt;DENSO aims to contribute to the creation of an advanced mobility</description>
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   <title>DENSO Group Formulates New Environmental Policy &amp;quot;Eco Vision 2035&amp;quot;</title>
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&lt;p&gt;KARIYA, JAPAN, Jun 27, 2026 - (JCN Newswire) -  - DENSO Corporation has formulated a new DENSO Group environmental policy, &amp;quot;Eco Vision 2035,&amp;quot; to address environmental challenges. Under this vision, as environmental issues such as climate change, water shortages and resources become increasingly severe and complex year by year, DENSO aims to thoroughly reduce the environmental impact of its own business activities. At the same time, leveraging its strengths in technology and manufacturing, DENSO seeks to provide society with &amp;quot;positive environmental value*1&amp;quot; that contributes to achieving neutrality across society.&lt;/p&gt;&lt;p&gt;DENSO aims to contribute to the creation of an advanced mobility</description>
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   <title>DENSO Group Formulates New Environmental Policy &amp;quot;Eco Vision 2035&amp;quot;</title>
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&lt;p&gt;KARIYA, JAPAN, Jun 27, 2026 - (JCN Newswire) -  - DENSO Corporation has formulated a new DENSO Group environmental policy, &amp;quot;Eco Vision 2035,&amp;quot; to address environmental challenges. Under this vision, as environmental issues such as climate change, water shortages and resources become increasingly severe and complex year by year, DENSO aims to thoroughly reduce the environmental impact of its own business activities. At the same time, leveraging its strengths in technology and manufacturing, DENSO seeks to provide society with &amp;quot;positive environmental value*1&amp;quot; that contributes to achieving neutrality across society.&lt;/p&gt;&lt;p&gt;DENSO aims to contribute to the creation of an advanced mobility</description>
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   <title>DENSO Group Formulates New Environmental Policy &amp;quot;Eco Vision 2035&amp;quot;</title>
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&lt;p&gt;KARIYA, JAPAN, Jun 27, 2026 - (JCN Newswire) -  - DENSO Corporation has formulated a new DENSO Group environmental policy, &amp;quot;Eco Vision 2035,&amp;quot; to address environmental challenges. Under this vision, as environmental issues such as climate change, water shortages and resources become increasingly severe and complex year by year, DENSO aims to thoroughly reduce the environmental impact of its own business activities. At the same time, leveraging its strengths in technology and manufacturing, DENSO seeks to provide society with &amp;quot;positive environmental value*1&amp;quot; that contributes to achieving neutrality across society.&lt;/p&gt;&lt;p&gt;DENSO aims to contribute to the creation of an advanced mobility</description>
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   <title>DENSO Group Formulates New Environmental Policy &amp;quot;Eco Vision 2035&amp;quot;</title>
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&lt;p&gt;KARIYA, JAPAN, Jun 27, 2026 - (JCN Newswire) -  - DENSO Corporation has formulated a new DENSO Group environmental policy, &amp;quot;Eco Vision 2035,&amp;quot; to address environmental challenges. Under this vision, as environmental issues such as climate change, water shortages and resources become increasingly severe and complex year by year, DENSO aims to thoroughly reduce the environmental impact of its own business activities. At the same time, leveraging its strengths in technology and manufacturing, DENSO seeks to provide society with &amp;quot;positive environmental value*1&amp;quot; that contributes to achieving neutrality across society.&lt;/p&gt;&lt;p&gt;DENSO aims to contribute to the creation of an advanced mobility</description>
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   <title>Citi Downgrades Denso Corp. (6902:JP) (DNZOY) to Neutral</title>
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   <description>&lt;p&gt;Citi analyst Arifumi Yoshida downgraded Denso Corp. (6902:JP) (OTC: DNZOY) from Buy to Neutral with a price target of JPY1,900.00 (from JPY2,400.00).&lt;/p&gt;</description>
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   <description>&lt;p&gt;Citi analyst Arifumi Yoshida downgraded Denso Corp. (6902:JP) (OTC: DNZOY) from Buy to Neutral with a price target of JPY1,900.00 (from JPY2,400.00).&lt;/p&gt;</description>
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   <title>Citi Downgrades Denso Corp. (6902:JP) (DNZOY) to Neutral</title>
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   <description>&lt;p&gt;Citi analyst Arifumi Yoshida downgraded Denso Corp. (6902:JP) (OTC: DNZOY) from Buy to Neutral with a price target of JPY1,900.00 (from JPY2,400.00).&lt;/p&gt;</description>
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   <title>Citi Downgrades Denso Corp. (6902:JP) (DNZOY) to Neutral</title>
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   <description>&lt;p&gt;Citi analyst Arifumi Yoshida downgraded Denso Corp. (6902:JP) (OTC: DNZOY) from Buy to Neutral with a price target of JPY1,900.00 (from JPY2,400.00).&lt;/p&gt;</description>
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   <title>Citi Downgrades Denso Corp. (6902:JP) (DNZOY) to Neutral</title>
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   <description>&lt;p&gt;Citi analyst Arifumi Yoshida downgraded Denso Corp. (6902:JP) (OTC: DNZOY) from Buy to Neutral with a price target of JPY1,900.00 (from JPY2,400.00).&lt;/p&gt;</description>
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   <description>&lt;p&gt;Citi analyst Arifumi Yoshida downgraded Denso Corp. (6902:JP) (OTC: DNZOY) from Buy to Neutral with a price target of JPY1,900.00 (from JPY2,400.00).&lt;/p&gt;</description>
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   <description>JPMorgan analyst Akira Kishimoto lowered the price target on Denso Corp. (6902:JP) (OTC: DNZOY) to JPY1,800.00  (from JPY2,200.00) while maintaining a Neutral rating.</description>
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   <description>JPMorgan analyst Akira Kishimoto lowered the price target on Denso Corp. (6902:JP) (OTC: DNZOY) to JPY1,800.00  (from JPY2,200.00) while maintaining a Neutral rating.</description>
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   <description>&lt;p&gt;Macquarie analyst James Hong upgraded Denso Corp. (6902:JP) (OTC: DNZOY) from Neutral to Outperform with a price target of JPY2,500.00 (from JPY2,100.00).&lt;/p&gt;&lt;p&gt;The analyst commented, &quot;Denso's 4Q FY3/26 earnings were in line with our expectations on rising content from electrification and ADAS as well as fixed cost saving. FY3/27 guidance was weaker-than-expected as management reflects potential quality-related provisions and raw material cost impact. Upgrade to Outperform, from Neutral; raise TP 19%. While near-term uncertainties remain, we think the current share price offers a good entry point.&quot;&lt;/p&gt;</description>
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   <description>&lt;p&gt;Macquarie analyst James Hong upgraded Denso Corp. (6902:JP) (OTC: DNZOY) from Neutral to Outperform with a price target of JPY2,500.00 (from JPY2,100.00).&lt;/p&gt;&lt;p&gt;The analyst commented, &quot;Denso's 4Q FY3/26 earnings were in line with our expectations on rising content from electrification and ADAS as well as fixed cost saving. FY3/27 guidance was weaker-than-expected as management reflects potential quality-related provisions and raw material cost impact. Upgrade to Outperform, from Neutral; raise TP 19%. While near-term uncertainties remain, we think the current share price offers a good entry point.&quot;&lt;/p&gt;</description>
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   <description>&lt;p&gt;Macquarie analyst James Hong upgraded Denso Corp. (6902:JP) (OTC: DNZOY) from Neutral to Outperform with a price target of JPY2,500.00 (from JPY2,100.00).&lt;/p&gt;&lt;p&gt;The analyst commented, &quot;Denso's 4Q FY3/26 earnings were in line with our expectations on rising content from electrification and ADAS as well as fixed cost saving. FY3/27 guidance was weaker-than-expected as management reflects potential quality-related provisions and raw material cost impact. Upgrade to Outperform, from Neutral; raise TP 19%. While near-term uncertainties remain, we think the current share price offers a good entry point.&quot;&lt;/p&gt;</description>
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