会 社 案内

Let us Develop with Wisdom andProsper in Harmony
Having the founding spirit of‘Let us Develop with Wisdom and Prosper in Harmony’as a basic philosophy, Sanden has continually been building
the corporate culture of challenge and innovation
since its establishment in 1943.

This means that we should use our intelligencein combining our developmental and pioneering abilities
to win prosperity for us all, and this is based on“The principles that a Company is as Good as the People it Keeps”

which means team work among employees and within the organization isthe basis of the company’ s prosperity.

Management Principles
Since the company’s founding, our management Principles
have been the cornerstone of our employee’s activities.

・Satisfy our customer's needs with high quality products.
・Contribute to the social and cultural improvement ofcommunity through business activity.
・Build a company of which all are proud, through theeffort of self-motivated employees.

The extensive mountains with lush greenery. The blue clear sky.
A blue flash streaking far in the distance through such a beautiful scenery
represents the Sanden-created 'comfort'
that opens up a new era forever and ever.
0102

Main Products
Automotive Air Conditioning System Products■ Components■ System Products

Heat Pump Systems

HVAC Units

Condensers

Evaporators

Heater Cores

Electric Coolant Heaters

Pipes for Air Conditioning■ Other Products

We pursue the next generation of Air Conditioning System friendly to human being and the earth.
Sanden group has quickly responded to the customer needs of vehicle electrification,
so that its Automotive Air Conditioning System Products and the Compressor ProductsIntercoolers

Compressor Products for Automotive Air Conditioning

for Automotive Air Conditioning have been adopted by the auto makers,
the construction machinery manufacturers, and the agricultural machinery manufacturers around the world.

Automotive Air Conditioning System
Mainline Products / HVAC※ Units, Heat Pump Systems

Electric Compressors

Swash Plate Type
Variable Displacement Compressors(PX series)

Wobble Plate Type
Variable Displacement Compressors(SDV/C series)

Wobble Plate Type
Fixed Displacement Compressors(SD series)

Scroll Type
Fixed Displacement Compressors(TR series)

CO₂ Compressors

We globally manufacture and sell various components constituting
Automotive Air Conditioning System, and gain trust of the world leading
auto makers, construction machinery manufacturers, and agricultural
machinery manufacturers because of environmental technology as ourcore competency.
※HVAC：Heating, Ventilating and Air-Conditioning

Compressor for Automotive Air Conditioning
Mainline Products / Electric Compressors,
Variable Displacement Compressors
We are globally manufacturing and selling the Compressors which arereferred to as a heart of Automotive Air Conditioning System.
In recent years, we have gained trust through environmental technology
development especially for electric vehicle application.

Advanced Technology Development
We do Research and Development of the next generation of technologies
and products.
We create Sanden's new products through development of new technologies and products, and proactively conducts research and development tocultivate new markets.

03

Integrated Thermal Management System
Sanden is also developing new technologies. The automotive industry is accelerating electrification of vehicles due to increasing
environmental awareness and tightening of environmental regulations across the world. Since no exhaust heat from engine isavailable on electric vehicles, the drive battery consumption increases during heating and cooling, which leads to a decrease incruising distance. This is a major challenge for electric vehicles to be solved.
Sanden will contribute to extending the cruising distance and improving passenger comfort by effectively utilizing the thermalenergy of electric vehicles in an integrated manner.

Strong Points of Integrated Thermal Management System●Energy saving achieved through recovery and reuse of the exhaust heatfrom motor and inverter.
●Improvement in battery performance through optimal cooling and heating.
●Equipped with highly efficient heat pump and small and light coolant heater.
●Optimal thermal management for all heating and cooling devices for
air conditioning and other purposes, and provision of comfort.

04Company Pro file/History

Global Network

Company Profile

46 business locations are deployedin 22 countries and region.

Company nameSANDEN CORPORATION

Established

July 30,1943

Capital21.7 Billion YenBusiness

Automotive Systems Business▪Automotive Air Conditioning System

Consolidated annual sales

175.7 Billion Yen ( Fiscal year 2022* )Number of employees on
a consolidated basis

Consolidated：5,608 ( As of December 31, 2022 )Major customers

VW, Mercedes-Benz, RENAULT / NISSAN / MITSUBISHI, JAGUAR LAND ROVER, VOLVO, STELLANTIS,GM, HONDA, SUZUKI, SAIC, TRATON, KOMATSU, KOBELCOGroup companies

Overseas: 22 countries and region
46 business locations ( As of June 30, 2023 )FRANCE▪Compressor for Automotive Air Conditioning

GERMANY

9%24%

Overseas
sales
ratio

Overseas
employee
ratio

91%

POLAND■Overseas■Domestic

76%*Sanden’s fiscal year is that which end on December

U.S.A

CHINA

Europe9 bases,deployed in 6 countries.

Domestic Bases

China

1,415 employees

12 bases,

Sales : 57.5 billion yen

deployed in China and Taiwan.

Japan993 employees

9 bases,

Sales : 50.1 billion yendeployed in Japan.
1,356 employees

India

Headquarter

Where Sanden was founded in 1943.
(Located in Isesaki city, Gunma)

The advanced and fundamental technologies development baseequipped with various experiment facilities.
(Located in Isesaki city, Gunma)

4 bases,deployed in 3 countries.

3 bases,Sanden Global Center ( SGCT )Americas

Sales : 15.1 billion yen

deployed in India.

Asia

Sales : 17.7 billion yen

deployed in 9 countries.

619 employees

489 employees

Sales : 20.8 billion yen

9 bases,

736 employees

Sales : 14.5 billion yen

THAILAND

INDIA

Yattajima Plant

In 2002, under the concept of "Coexistence between Environment
and Industry without Contradiction", Sanden built Akagi Plant,
an environment-friendly factory adaptable to 21st century, in theforest which was developed using the near-natural construction
method first in the private sector.
(Located in Maebashi city, Gunma)

Listed the Company stocks on the first section of Tokyo
Stock Exchange and renamed trademark to Sanden

1962

Listed the Company stocks on the second sectionof Tokyo Stock Exchange

The sales figures show those of FY2022, and are classified by destination of products.
The number of employees are based on the data as of December 31, 2022

1982

1973

Established Sankyo Electric Company
at No. 20 Kotobukicho, Isesaki city, Gunma

Changed the company name toSanden Corporation

2000

1995

1974

1997

Absorbed the subsidiary Sanden Sales Co.,Ltd.
and Sanden International Co.,Ltd.

Established Sankyo International.(U.S.A),Inc.
(Currently Sanden International(U.S.A),Inc.)in USA

1977

1948

Started production ofBicycle Dynamo Lights

1950
1958

Started production ofIce cream Refrigeratingstockers, Freezing andRefrigerating Showcases

1960
1961

Started production of
Fountain-typeJuice Vending Machines

1963

Started production of
Pot-type Oil Stoves

1970
1971

Started production of
Wobble Plate Type
Fixed Displacement Compressors(SD series)
first in the world

1981

Started production of
Scroll Type Fixed Displacement
Compressors (TR series)
first in the world

Started production of
Evaporators
05

2015

Established Tianjin Sanden Automotive
Air Conditioning Co.,Ltd. in China

Established Sanden Manufacturing
Europe S.A.S. in France

Transferred to a holding company structure and changed
its company name to Sanden Holdings Corporation

2002

2019

Completed Sanden Forest and Akagi Plant

Executed transfer of all the issued shares ofSanden Retail Systems Corporation

2004

2021

Reached Stock subscription contract andbecame business partners with Hisense group2022

Changed the company name toSanden Corporation

2023

Established Sanden Manufacturing
Poland sp.z o.o. in Poland

Established Sankyo Internationa(Singapore)Pte.Ltd.
(Currently Sanden International(Singapore)Pte.Ltd.) in Singapore

1940

MEXICO

Sanden Forest and Akagi Plant

The base where the components of Automotive
Air Conditioning System and the Compressors for Automotive
Air Conditioning are manufactured. Yattajima Plant acts as amother plant supporting production activities at Sanden's global
manufacturing bases.
(Located in Isesaki city, Gunma)

1943

INDONESIA

80th Anniversaryof the establishmentof Sanden

2008

Opened Sanden Global Center (SGCT)

1980
1991

Started production ofCondensers

1990
1998

Started production ofIntercoolers

2001

The cumulative global
production of Compressors
reached 100 million units

2000
2005

2009

Entered Eco-cutebusinessStarted production ofElectric Compressors

Started production of
HVAC Units

06

2020

2010
2010

The cumulative global
production ofCompressors reached
200 million units

2012

Started production ofElectric Coolant Heaters

2017

Started production of
Heat Pump Systems

SANDEN CORPORATION URL：https://www.sanden.co.jp/english■ Business Operation in Japan
Headquarter

20 Kotobuki-cho, Isesaki-shi, Gunma, Japan 372-8502+81-(0)270-24-1211

Yattajima Plant

350 Yattajima-machi, Isesaki-shi, Gunma, Japan 372-8558+81-(0)270-32-1321

Sanden Global Center (SGCT)

SGCT Center, 20 Kotobuki-cho, Isesaki-shi, Gunma, Japan 372-8502+81-(0)270-24-1212

Tokyo Sales Office

7F, SUN FIELD BLDG., 2−1−11, Higashiueno, Taito-ku, Tokyo, Japan 110-0015+81-(0)3-5828-5581

Utsunomiya Sales Office

5F, CENTER-S building, 4-2-24, Higashishyukugo, Utsunomiya-shi, Tochigi, Japan 321-0953+81-(0)28-610-0555

Kansai Sales Office

6F, Esaka building, 1-13-41, Esaka-cho, Suita-shi, Osaka, Japan, 564-0063+81-(0)6-6339-2514

Ota Plant

650-1, Nittaoo-cho, Ota-shi, Gunma, Japan 370-0351+81-(0)276-60-9522

Naganuma Plant

224-1, Naganuma-cho, Isesaki-shi, Gunma, Japan 372-0855+81-(0)270-31-3802

Sanden Forest / Akagi Plant

7, Nakanosawa, Kasukawa-machi, Maebashi-shi, Gunma, Japan 371-0201+81-(0)27-285-3225■Overseas Operation
Europe Region■FranceSanden Manufacturing Europe S.A.S.
Sanden International (Europe) GmbH Paris Branch■PolandSanden Manufacturing Poland sp.z o.o.
■Germany
Sanden International (Europe) GmbH
Sanden International (Europe) GmbH Regional office Germany【Hannover】
Sanden International (Europe) GmbH Regional office Germany【München】■United Kingdom
Sanden International (Europe) GmbH UK Branch■ItalySanden International (Europe) GmbH Regional office Italy■SpainSanden International (Europe) GmbH Regional office Spain
Americas Region■United States
Sanden International (U.S.A.),Inc.
Sanden International (U.S.A.),Inc. Detroit Regional office■MexicoSanden Manufacturing Mexico,S.A. de C.V.
■Brazil
Sanden International Latin America Eireli
Asia Region■IndiaSanden Vikas (India) Private Limited
Pranav Vikas (India) Private Limited
Sanden Vikas Precision Parts Private Limited■Singapore
Sanden International (Singapore) Pte.Ltd.

■Malaysia
Sanden Airconditioning (Malaysia) Sdn.Bhd.
■Philippines■
Sanden International Philippines Inc.
■Indonesia
P.T. Sanden Indonesia■Thailand
Sanden (Thailand) Co.,Ltd.
■Pakistan
Sanpak Engineering Industries (Pvt) Ltd.
■Vietnam
Sanden Technical Center of Vietnam Co.,Ltd■KoreaSanden Regional office Korea
Oceania Region■Australia
Sanden International (Australia) Pty.Ltd.
China Region■China (Mainland)
Tianjin Sanden Automotive Air Conditioning Co.,Ltd.
・Tianjin Sanden Automotive Air Conditioning Co.,Ltd. Chengdu Branch・Tianjin Sanden Automotive Air Conditioning Co.,Ltd. Xiangtan Branch・Tianjin Sanden Automotive Air Conditioning Co.,Ltd. Ningbo Branch
Sanden (Suzhou) Precision Parts Co.,Ltd.
Sanden (China) Automotive Air Conditioning System Co., Ltd.
・Sanden (China) Automotive Air Conditioning System Co., Ltd. Qingdao Branch・Liuzhou Sanden Automotive Air Conditioning Co., Ltd.
・Zhengzhou Sanden Automotive Air Conditioning Co.,Ltd.
Shenyang Sanden Automotive Air Conditioning Co.,Ltd.
Sanden Hasco Automotive Air Conditioning Co., Ltd.
■TaiwanSanden International Taiwan Corporation

Published on December 2023