Boscch ttodday 2020

Technologically, our world is in fl ux. New developments are fundamentally changing the way we live. In times like these, there is an urgent need for technology that is “Invented for life.” We aim to satisfy this need. Keeping areas of future importance fi rmly in our sights, we are drawing on our company’s wealth of knowledge and profound technological expertise to develop life-enhancing innovations. The digital magazine that accompanies our latest annual report highlights just some of them. annual-report.bosch.com

4 Bosch in fi gures

6 Strategy

and innovation

8 Business sectors

16 Highlights 2019

20 The business year 2019

24 Sustainability

26 Robert Bosch Stiftung

28 Bosch as an employer

30 Bosch Group locations

36 Milestones

42 Management 60 How to contact us/ publishing details 61 Five-year summary

Contents

BUSINESS SECTORS

Industrial Technology

Packaging Technology 2,3

Drive and Control Technology 4

Other businesses: Bosch Connected IndustryRobert Bosch Manufacturing Solutions GmbH

Powertrain SolutionsChassis Systems ControlElectrical DrivesCar MultimediaAutomotive ElectronicsAutomotive AftermarketAutomotive SteeringConnected Mobility SolutionsBosch eBike Systems1

Other businesses: Bosch Engineering GmbH ETAS GmbHITK Engineering GmbHTwo-Wheeler and Powersports

Mobility Solutions

1. New division from January 1, 20202. Robert Bosch Packaging Technology GmbH3. Until December 31, 20194. Bosch Rexroth AG (100% Bosch-owned)5. Robert Bosch Power Tools GmbH6. Until December 31, 2019: Bosch Software Innovations GmbH

Other businesses not allocated to business sectors:Bosch Healthcare Solutions GmbH Bosch.IO GmbH 6

grow platform GmbH Robert Bosch Venture Capital GmbHBuilding Technologies 

ThermotechnologyBosch Global Service Solutions

Other businesses: Robert Bosch Smart Home GmbH

Energy and Building Technology

Power Tools 5

BSH Hausgeräte GmbH

Consumer Goods

The Bosch Group is a leading global supplier of technology and services. It employs roughly 400,000 associates worldwide (as of December 31, 2019). The company generated sales of 77.7 billion euros in 2019. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artifi cial intel-ligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in 60 countries. Including sales and service partners, Bosch’s global manu-facturing, engineering, and sales network covers nearly every country in the world. The basis for the company’s future growth is its innovative strength. Bosch employs some 72,600 associates in research and development at 126 locations across the globe, as well as roughly 30,000 software engineers. The company was set up in Stuttgart in 1886 by Robert Bosch (1861–1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special owner-ship structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake signifi cant upfront investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.

Shareholding

1% Robert Bosch GmbH 7% Bosch family 92% Robert Bosch Stiftung GmbH 

Voting rights

7% Bosch family 93% Robert Bosch Industrietreuhand KG

01 Shareholders of Robert Bosch GmbH

bosch.combosch-press.com

facebook.com/BoschGlobaltwitter.com/BoschGlobalyoutube.com/BoschGlobal

722,6000 R&D asssociaates

wworldwwide

billiion eurroos EBITT in 200119

Bosch today 20204

billion eurosinvested in researchand development

bbillliooon euuroosssallesss rreeveenueeiin 20001999

SSomee 444400subbsidiiariessaand rregioonal commpanies innmmoree thaan 600 coouuntriees

Roughly assocciatess woorldwide

44000,000

5Bosch in fi gures

Our objective is to become one of the world’s leading internet of things (IoT) companies. The IoT is facilitating innovative, connected products and opening up additional business opportunities in digital services.

Strategy and innovation

Our vision: mobility that is sustainable, safe, and exciting.

We want to use connected, intelligent solutions to make life easier, more effi cient, and safer for as many people as possible. We regard our presence in diverse markets and industries as an advantage, because of the many insights we gain as a result.

Our business sectors are developing a wide range of connectivity solutions based on connected products. They range from mobility and manufacturing and logistics processes through to smart homes and agricultural applications.

In strategic terms, our focus in the mobility sphere is on our role as a supplier of automotive components and subsystems as well as on the mobility lifecycle business involving operators of vehicle fl eets and mobility platforms.

Bosch today 20206

For more about our strategy, read the groupmanagement report in the 2019 annual reportat annual-report.bosch.com

We want to create an AI that is safe, robust, and explain-able. For this reason, we have adopted our own Bosch code of ethics for AI.

We want to position Bosch as a leading provider of important services of the future such as electromobility, automated driving, electronics, and services for connected mobility, and drive forward the expansion of business areas such as eBike Systems, Two-Wheeler and Powersports, and Commercial Vehicles and Off-Road.

Climate action targets, changes in user preferences, and new technological opportunities will lead to a fundamental shift in mobility. As one of the leading innovators, we want to play a major role in shaping this move to alternative forms of mobility and drive forward change in the automotive industry.

We have been expanding our expertise in the areas of software development and product connectivity for some time now. We now have our own IoT platform (the Bosch IoT Suite) and IoT cloud (the Bosch IoT Cloud), and follow an open-source hybrid cloud strategy. In other words, we work with many providers and partners. We have also set up the option of single sign-on, which means that Bosch users only need to log in once for services across all divisions.

We are aiming to carve out a leading position in the fi eld of AI, by using AI both in our products themselves and in their development and manufacture.

7Strategy and innovation

Mobility Solutions is the largest Bosch Group business sector, accounting for 60 percent of total sales. This makes Bosch one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting, and combines the group’s expertise in the domains of personalization, automation, electrifi cation, and connectivity. In strategic terms, the business sector is focusing on its role as a supplier of automotive components and subsystems as well as on the mobility lifecycle business involving operators of vehicle fl eets and mobility platforms. As a supplier of automotive technology, the business sector offers its customers integrated mobility solutions in the follow-ing main areas of business: injection technology and powertrain peripherals for internal-combustion engines, diverse solutions for powertrain electrifi cation, vehicle safety systems, driver-assistance and automated functions, technology for user-friendly infotainment as well as vehicle-to-vehicle and vehicle-to-infrastructure communication, repair-shop concepts, and technology and services for the automo-tive aftermarket. The mobility lifecycle business involves additional products and services for fl eet operators, such as regular data acquisition, over-the-air software updates, and smart battery-charging systems. Effective January 1, 2020, the former business unit Bosch eBike Systems was set up as a division in its own right within the Mobility Solutions business sector. The business sector also includes activities involving two-wheelers, commercial and off-highway vehicles, and engineering services.

bosch-mobility-solutions.com

Mobility Solutions

Powertrain SolutionsChassis Systems ControlElectrical DrivesCar MultimediaAutomotive ElectronicsAutomotive AftermarketAutomotive SteeringConnected Mobility SolutionsBosch eBike Systems¹

Other businesses: Bosch Engineering GmbH ETAS GmbHITK Engineering GmbHTwo-Wheeler and Powersports

1. New division from January 1, 2020

Bosch today 20208

Sales revenuein billions of euros

2018–2019

EBIT in millions of euros

2018–2019

Mobility Solutions

3,531 756

Mobility Solutions

47.6 46.8

9Business sectors

In the business year 2019, the Industrial Technology business sector generated roughly 10 percent of total Bosch Group sales. This business sector includes the Drive and Control Technology division, which specializes in drive and control technologies for effi cient, powerful, and safe movement in machines and systems of any type and size. The division combines global application experience in the market segments of mobile applications, plant construction and engineering, and factory automation. With intelligent components, customized system solutions, and services, Drive and Control Technology creates the necessary environment for fully connected applications. The division offers its customers hydraulics, electric drives and controls, gear technology, and linear motion and assembly technology,including software and interfaces to the internet of things. Bosch’s in-house provider of assembly systems, Robert Bosch Manufacturing Solutions GmbH, develops fl exible, scalable plans for assembly systems, customized solutions in the fi eld of testing and process technology, and related services. Industrial Technology also includes the Bosch Connected Industry business unit. With a focus on Industry 4.0, it develops software solutions and carries out projects for internal and external customers.

boschrexroth.com

Industrial Technology

Packaging Technology 1,2

Drive and Control Technology 3

Other businesses: Bosch Connected IndustryRobert Bosch Manufacturing Solutions GmbH

1. Robert Bosch Packaging Technology GmbH2. Until December 31, 20193. Bosch Rexroth AG (100% Bosch-owned)

Bosch today 202010

Industrial Technology Industrial Technology

687 8977.4 7.5

Sales revenuein billions of euros

2018–2019

EBIT in millions of euros

2018–2019

11Business sectors

The Consumer Goods business sector contributed some 23 percent of total Bosch Group sales in 2019. Its Power Tools division is a supplier of power tools, power-tool accessories, and measuring technology. The division has an extensive product range aimed at professional users in trade and industry, the DIY market, and amateur crafters. The range includes power tools and garden tools. One of the division’s focal points is convenient, high-performance cordless tools, and increasingly also web-enabled tools and services. The key pillars of the Power Tools strategy are innovativeness, continuing digitalization, strong brands, and expansion of business in emerging markets. User-centered innovations are playing a major role in this. The Consumer Goods business sector also includes BSH Hausgeräte GmbH,which offers a broad range of modern, energy-effi cient, and increasingly connected household appliances. Its product portfolio that ranges from washing machines and tumble dryers through refrigerators and freezers, stoves, ovens, extractor hoods, and dishwashers, to small appliances such as vacuum cleaners, coffee makers, and food processors. BSH is actively shaping the paradigm shift from the analog to the connected world. In this, the subsidiary is opting for a customer-focused “Hardware+” strategy. Here, it is also increasingly offering digital and person-alized services in addition to innovative household appliances. Its SystemMaster is a digital control unit that enables connectivity for all household appliances.

bosch-pt.combsh-group.com

Consumer Goods

Power Tools¹BSH Hausgeräte GmbH

1. Robert Bosch Power Tools GmbH

Bosch today 202012

1. Including other activities

Consumer Goods1 Consumer Goods

1,149 1,04117.9 17.8

Sales revenuein billions of euros

2018–2019

EBIT in millions of euros

2018–2019

13Business sectors

In 2019, the Energy and Building Technology business sector generated 7 percent of total Bosch Group sales. Its Building Technologies division has two areas of business: the global product business for security and communications solutions, and the regional system integration business. The latter offers solutions andcustomized services for building security, energy effi ciency, and building auto-mation in selected countries. Both units focus on commercial buildings and infrastructure projects. The product portfolio encompasses video-surveillance, intrusion-detection, fi re-detection, and voice-alarm systems, as well as access-control and professional audio and conference systems. The Thermotechnology division offers solutions for air conditioning, hot water, and decentralized energy management to customers worldwide. It provides heating systems and energy management for residential buildings, water heaters, and commercial and indus-trial heating and air-conditioning systems. With a view to functions such as remote diagnosis, web-enabled devices are becoming increasingly important, as is the division’s business with electric heat pumps. The Bosch Global Service Solutions division provides business processes and services, primarily for customers in the automotive, travel, and logistics industries and in information and communications technology. Robert Bosch Smart Home GmbH offers web-enabled, app-controlled products for the home.

boschbuildingtechnologies.comboschservicesolutions.combosch-thermotechnology.combosch-smarthome.com

Energy and Building Technology

Building TechnologiesThermotechnologyBosch Global Service Solutions Other businesses: Robert Bosch Smart Home GmbH

Bosch today 202014

Energy and Building Technology

Energy and Building Technology

266 2905.6 5.6

Sales revenuein billions of euros

2018–2019

EBIT in millions of euros

2018–2019

15Business sectors

Jan. 7 Las Vegas, USA

World premiere of concept shuttle vehicleAt CES, Bosch presents a concept vehicle featuring a unique package of hardware, software, and mobilityservices for the urban mobility of the future.

Jan. 7 Stuttgart, Germany, and Las Vegas, USA

#LikeABosch launchedThis offbeat IoT image campaign positions Bosch as a global IoT player.

Jan. 24 Stuttgart, Germany

Acquisition of EM-motive announcedSet up jointly with Daimler in 2011, EM-motive GmbH is now one of the most successful European manufacturers of electric motors for hydrids and electric cars.

Feb. 6 Chennai, India

Robert Bosch Center for Data Science and Artifi cial Intelligence opensLocated on the campus of the Indian Institute of Technology Madras (IITM), the new center will conduct basicresearch.

Mar. 27 Hannover, Germany

Bosch presents factory of the futureHannover Trade Fair: Autonomous transport vehicles deliver compo-nents to digital workspaces, robotics solutions support workers in manu-facturing, and quality inspection is performed with the help of artifi cial intelligence.

Apr. 29 Stuttgart, Germany

Alliance with PowerCell made publicBosch is entering the market for mobile fuel cells and preparing for the breakthrough of this technology for trucks and cars.

Highlights 2019

May 9 Stuttgart and Renningen, Germany

Bosch announces move to carbon neutralityFrom 2020, Bosch will be the fi rst major industrial enterprise whose locations’ energy needs no longer leave a carbon footprint.

Bosch today 202016

Mar. 21 Leinfelden-Echterdingen, Germany

World-fi rst for DIYers presentedWith its Biturbo tools, Bosch is taking performance to a new level: for the fi rst time, cordless tools have outstripped corded ones.

May 15 Berlin, Germany

Bosch ConnectedWorld 2019Under the tagline “From the internet of things to the economy of things,” Bosch offers roughly 5,000 delegates a glimpse into the future, when things will not only be digitally connected with each other, but will also do business with one another.

June 18 Stuttgart and Ludwigsburg, Germany

10 years of Bosch eBike SystemsBosch has set the benchmark for pedelec drives and, together with its partners and customers, decisively shaped the e-bike market.

Feb. 24 Karlsruhe, Germany

Bosch debuts AR applications for HoloLens 2In a strategic alliance, Bosch will be one of the fi rst companies worldwide to use and test Microsoft’s augmentedreality glasses.

Mar. 11 London, United Kingdom

London Connectory opensIn this new co-innovation space, Bosch will be working with Nitrous, a platform that promotes public-privateprojects to identify smart mobility solutions for London.

Mar. 21 Nanjing, China

First iBooster plant in Asia Pacifi c opensTotal investment in the plant for electromechanical brake boosters comes to 100 million euros.

17Highlights 2019

Oct. 29 Renningen, Germany

Bosch confers Young Researcher AwardDr. Gergely Neu, who teaches at Barcelona’s Pompeu Fabra University, receives the 50,000-euro award for his basic research into reinforcement learning, a branch of artifi cial intelligence.

July 17 Grasbrunn, Germany

Bosch announces acquisition of GFRWith a workforce of 260, GFR-Gesellschaft für Regelungstechnik und Energieeinsparung mbH provides building automation solutions that improve security, comfort, convenience, and effi ciency in commercial buildings.

July 23 Stuttgart, Germany

Automated valet parking celebrates world premiereBosch and Daimler obtain fi rst ever offi cial approval for driverless parking without human oversight – in the parking garage of the Mercedes-Benz Museum.

Nov. 21 Stuttgart, Germany

Bosch applies for 5G licensesIn collaboration with selected partners, Bosch intends to set up local 5G net-works in order to exploit the potentialof Industry 4.0 even better.

Nov. 29 Wuxi, China

Groundbreaking ceremony for fuel-cell centerThe new center is intended to reinforce research and development and help serve the Chinese market fasterand more fl exibly.

Bosch today 202018

Oct. 8 Reutlingen, Germany

Technological leap in electromobility announcedBosch’s new silicon carbide semiconductors mean more power for electric motors and 6 percent greater range.

Dec. 9 San José, USA, and Stuttgart, Germany

Pilot automated ridesharing service launchesTogether with the city of San José, Bosch and Mercedes-Benz start an app-based ridesharing service using automated Mercedes-Benz S-Class vehicles.

Dec. 10 Bengaluru, India

Bosch starts eCall service in IndiaThis countrywide service in Hindi and English provides swift help to drivers in an emergency.

Aug. 12 Hildesheim, Germany

Bosch presents groundbreaking 3D vehicle displayWith no need for additional technology, these new products generate a realistic three-dimen-sional effect that allows information to be grasped faster than on conventional displays.

Sep. 4 Berlin, Germany

BSH Hausgeräte debuts CookitBosch uses the IFA trade show to launch its fi rst digitally connected multifunctional food processor that also cooks.

Sep. 5 Stuttgart, Germany

Bosch and CATL agree to collaborate on battery cellsContemporary Amperex Technology Co. Limited (CATL) will design, develop, and manufacture battery cells for the 48-volt battery Bosch has developed for hybrid powertrains.

Sep. 10 Frankfurt, Germany

Bosch at IAA 2019Bosch presents new mobility solutions such as its rolling chassis study for electric cars – a ready-to-drive modular platform that serves as a fl exible basis for various bodywork designs, such as shuttles – and cloudbased battery services that help prolong vehicle batteries’ service life.

19Highlights 2019

The business year2019Numerous successful products in the business sectors enabled the Bosch Group to keep sales in the business year 2019 roughly on a par with the previous year, at 77.7  billion euros, despite a challenging macroeconomic and sector-specifi c environment. Sales revenue fellby just 0.9 percent, and 2.1 percent after adjusting for exchange-rate effects. The overall economic cooldown, the sharp fall in both global automotive production and especially the weak state of previously high-margin automotive markets such as China and India, the drop in the proportion of newly registered passenger cars fi tted with diesel engines, and other changes in our markets all had a negative impact.

The Bosch Group reports EBIT for 2019 of 2.9 billion euros, compared with 5.5  bil-lion euros the previous year. EBIT from operations fell from its previous year level of 5.5  billion euros to 3.3 billion euros. Apart from the further increase in upfront investments in promising areas, this fall was chiefl y due to the signifi cant slowdown in important automotive markets and to expenses for adjustment measures.

Development of sales revenue and EBITBosch Group, 2015–2019

SALES REVENUEFigures in millions of euros

77,72170,607 78,46578,06673,129

15 19181716

Bosch today 202020

All business sectors reported a fairly modest sales trend. Mobility Solutions succeeded in maintaining sales roughly at the previous-year level despite the steep decline in global automotive production. Sales in the other business sectors also developed modestly, with only slight shifts in their shares of total sales. The share of Mobility Solutions fell one point to 60  percent, while the share of Industrial Technology increased by the same amount.

Sales developed differently from region to region. In Europe, despite the weak economy and the fall in automotive production, it was possible to keep sales nearly on their previous-year level. In the Americas, 2019 sales surpassed their previous-year level in both North and South America. Business developments in Asia Pacific (including other countries, also in Africa) were also impacted by the marked economic slow-down and, in particular, by the steep drop in automotive production in China and India. The share of sales generated in Europe stands at 52  percent, followed by Asia Pacifi c with 29  percent and the Americas with 19 percent.

EBIT Figures in millions of euros

2,9035,5024,9163,3354,587

15 19181716

21The business year 2019

Research and development cost in the Bosch Group rose to approximately 6.1 billion euros in 2019, compared with 6.0 billion euros in the previous year. The drop from 2017 to 2018 is the result of the fi rst-time applica-tion of the IFRS 15 accounting standard. Up to 2017, research and development cost still contained development work charged directly to customers. The Mobility Solutions business sector again accounted for the largest share of research and development cost in 2019, at 72  percent (previous year

75 percent). Important areas include upfront investments in electrifi cation, driver assis-tance systems, including automated driving, display and infotainment systems, and sen-sors. The rise in upfront investments in this business sector also refl ects the growing complexity of many projects, particularly in automotive electronics.

Upfront investments in promising areas

6,079

19

1. Including development work charged directly to customers

Research and development cost Bosch Group, 2015–2019

TOTAL EXPENDITUREFigures in millions of euros

6,378 6,954 7,264 5,963

151 18171161

Bosch today 202022

The total number of Bosch Group associates fell to some 398,200 at the end of 2019, compared with roughly 409,900 at the end of 2018. The fi gures at year-end 2019 take account of the divestment of the packaging machinery business with its approximately 6,100 associates. In 2019, net consolida-tion effects amounted to some 5,000 asso-ciates in total, with the incorporation of smaller companies having a countervailing effect. Total headcount thus fell by some

6,700 associates worldwide after accounting for consolidation effects. The percentage distribution of associates by region remained unchanged compared with the previous year.

Global headcount decreases

Mobility Solutions236,65360%

Industrial Technology33,1998%

Consumer Goods76,56319%

Other activities1

18,5695%

Energy and Building Technology33,1668%

AssociatesBosch Group 2019 (year-end fi gure)

BY BUSINESS SECTOR

398,150

1. Corporate functions and research 

TotalTotal

23The business year 2019

New DimensionsSustainability 2025

Climate

1 | CO 2

scope 1 + 2

2 | CO 2

scope 3

Hea

lth

1 | H

ealt

h +

Saf

ety

2 | S

ubst

ance

s of

con

cern

Energy1 | Energy efficiency

2 | Renewable energyW

ater

1 | W

ater

sca

rcit

y2

| Wat

er q

ualit

y

Globalization

1 | Responsibility

2 | Supply chain Urbanizatio

n

1 | Life cyc

le asse

ssments

2 | Resource

s + Wast

e

Sustainability

For Bosch, preserving the basis of our exis-tence is an obligation to future generations, as well as a question of entrepreneurial responsibility. Without a healthy environ-ment, it will not be possible to do business successfully over the long term. Bosch has set itself clear sustainability goals that carry on the commitment shown so far, while also giving increased attention to social challenges. The “New Dimensions – Sustainability 2025” vision focuses on six megatrends.

When it comes to the climate, for example, Bosch is committed to climate action and the Paris Agreement’s two-degree target. From 2020 onward, the company’s man-ufacturing, research, and administrative operations will be carbon neutral, and this globally. This applies both to direct emis-sions from its own fuel combustion and to indirect emissions relating to procured energy. In the short term, there are two key

The “New Dimensions – Sustainability 2025”

target in detail

Bosch today 202024

levers for achieving this: fi rst, procuring green electricity from existing power-generating plant and, second, carbon offsets. Ecologically, the program will be stepped up signifi cantly between 2020 and 2030. By 2030, Bosch intends to have invested one billion euros in energy-effi ciency measures, and to systematically increase the share of new clean power it procures. This is power from new plants set up as a result of Bosch’s commitment to renewable energy. At Bosch locations, moreover, the company’s own power generation from renewable resources will be increased. Bosch has also set itself the goal of reducing emissions in the upstream and downstream value chain.In the major categories “purchased goods,” “logistics,” and “use of products sold,” it aims to reduce CO2 emissions by 15 percent by 2030. Climate scenarios forecast that existing water risks will become more acute as a result of scarcity and poor quality. To counter this trend, Bosch has pinpointed 61 locations in regions of water scarcity where it intends to reduce its absolute water demand by 25 percent by 2025. Investments of 10 million euros a year will support this aim by quickly bringing about improvements where they are needed.

Every day in our increasingly urbanized world, products are used that have an ecological impact, whether during manu-facture, during use, or at the end of their useful lives. To keep this footprint to a minimum, Bosch already carries out life-cycle analyses for its main product groups, which account for roughly 50 percent of its sales. The aim is to discover potential ways of further reducing products’ ecological impact, true to the idea of a closed-loop or circular economy. When it comes to waste avoidance in manufacturing, Bosch will focus on reducing hazardous waste and increasing its recycling ratio. As a globally operating company, Bosch also assumes responsibility worldwide. Accordingly, Bosch also includes its suppli-ers in its efforts to do business sustainably and responsibly. The aim here is to continue to act with determination to tackle the ecological and social risks in the supply network. Bosch also aims to minimize risks to the health of people and their local environ-ment – in this area, occupational safety, compliance with substance bans, and reduction of “substances of concern” are key considerations. In 2020, the company aims to reduce its accident rate to a max-imum of 1.7 accidents per million hours worked. sustainability.bosch.com

25Sustainability

Robert Bosch Stiftung

Since it was established in 1964, Robert Bosch Stiftung GmbH has been carrying on the company founder’s public welfare endeavors. It devotes itself to social challenges and pro-motes projects whose aim is to develop innovative models for our future. The Stiftung fi nances its work from the dividend it receives as a share-holder in Robert Bosch GmbH. Robert Bosch Stiftung is active in the areas of healthcare, science, education, civic society, and international relations and cooperation. Last year, the Stiftung gave its portfolio a facelift. In the future, it will be narrowing its focus. Following a proposal by the board of management, the board of trustees approved ten new topics. With this strategic realignment, the Stiftung wants to improve the effectiveness of its funding.

An insect house as a research tool: together with the University of Freiburg, students from the UWC Robert Bosch College are analyzing what factors affect the spread of insect populations.

The following institutions also belong to the Stiftung:•  Robert Bosch Hospital• Dr. Margarete Fischer-Bosch

Institute for Clinical Pharmacology• Institute for the History of Medicine

of the Robert Bosch Stiftung• Die Deutsche Schulakademie• UWC Robert Bosch College• Robert Bosch Centrum

für Tumorerkrankungen• International Alumni Center iac Berlin

Dependent foundations within the Stiftung:• Otto und Edith Mühlschlegel

Stiftung (aging)• Hans-Walz-Stiftung (research

into complementary medicine)• DVA-Stiftung

(Franco-German dialogue)

Bosch today 202026

In the future, it will be working on the follow-ing topics: • In the healthcare fi eld, “viable healthcare

systems” and “people in the healthcare system”

• In the education fi eld, “learning by indi-viduals” and “learning by organizations”

• In the civic society fi eld, “democracy” and “ethnic diversity in society”

• In the fi eld of international relations and cooperation, “confl icts,” “climate change,” “migration,” and “inequality”

Work on developing the details of the Stiftung’s strategy in the science fi eld will continue up to the summer of 2020. At the start of 2019, the Stiftung decided to set up a Bosch Health Campus. The center for patient-oriented, state-of-the-art medical care will be built on the site of the Robert Bosch Hospital in Stuttgart and completed by 2025. In addition, the Robert Bosch Acad-emy celebrated its fi fth anniversary in 2019. Set up by the Stiftung in Berlin, the acad-emy has made a name for itself as a place in which questions of global signifi cance can be addressed from an international perspective. The UWC Robert Bosch College in Freiburg, Germany – an exceptional school for socially committed pupils in the two fi nal years of their secondary education – also celebrated its fi fth anniversary in 2019.

bosch-stiftung.de/en

104.99

Total project grants 2019Figures in millions of euros

26.92 International relations and cooperation (aggregated)

15.85 Capital expenditure for the Robert Bosch Hospital

13.39 Research at institutes andthe Robert Bosch Hospital

8.52 Society

8.51 Education

7.18 Healthcare

7.18 Science

4.44 Die Deutsche Schulakademie gGmbH

1.80 Robert Bosch College UWC GmbH

1.66 International Alumni Center gGmbH

9.54 Other grants

27Robert Bosch Stiftung

Bosch as an employer

Make your mark Give your job a meaning.With solutions “Invented for life.”

At Bosch, we are committed to developing innovative, benefi cial,and fascinating products and services. Enhance with us thequalityof life worldwide, and leave a lasting mark on the world.

Shape tomorrow’s worldThe future offers many opportunities.Be among the fi rst to take advantage of them.

With regard to global megatrends and new technical capabilities,we create solutions for a connected life. And there is muchmore potential for us to tap. Create your vision of the futurewith us, and witness how your ideas shape tomorrow’s world.

Find your place You know how you can work best.We offer you the conditions needed.

One global company, many ways of working: from start-upsto established corporate structures, we offer a wide range ofworking environments. Join in, and fi nd the right place for you.

Welcome to a place where your ideaslead to something big. Welcome to Bosch.

What we stand for For more than 130 years, we have offered our associates around the world the opportunity to shape the future with a leading global provider of technology and services. Benefi cial innovations that improve the quality of people’s lives, and save resources, drive our work. We encourage our associates to be individuals and see diversity as an asset. Our company enables its associates to strike a healthy balance between pro-fessional and personal aims, as we see this as a decisive means of promoting creativity and job satisfaction. This balance also shapes the foundation of our associates’ outstanding performance. Lifelong learning and a regular change of perspective are fi rmly anchored in our leadership culture. Our areas of activity are every bit as diverse as our locations around the world.

Bosch today 202028

bosch-career.com

Balance your lifeMake your job match your lifestyle.We provide you with individual support.

You know that there is more to life than just work. That’s whywe actively support you in fi nding a healthy balance betweenyour private and professional lives. Join us, and let life happen.

Walk the talkWherever you are –our team spirit is with you.

Robert Bosch founded our company over 130 years ago, andwe still live by the values he embodied today. Discover a culturethat is based on respect and responsibility, and carry ourvalues further.

Discover new directionsYour way might change –we will stay by your side.

We welcome change and encourage you to switch betweenpositions and working fi elds. Tell us about your goals, and letus put them into practice.

Be yourself Your diversity makes us special.Enrich us with your own unique personality.

Everyone is different. We appreciate your individuality andbelieve that diversity is an asset for our company. Show us yourway of thinking, and let us drive great innovations together.

Pay it forwardWe love our business and our environment.Let’s save them both for future generations.

At the core of our DNA is social responsibility. That’s why, withus, you can achieve business success and support social andenvironmental projects at the same time.

Let’s be remarkable.

29Bosch as an employer

Corporate headquartersGerlingen near Stuttgart Research and development locationsAbstatt, Bad Neustadt, Berlin, Bochum, Braunschweig, Bretten, Bühl/Bühlertal,Dillingen, Ditzingen, Elchingen, Erbach, Frankfurt am Main, Giengen, Grasbrunn, Hildesheim, Holzkirchen, Homburg, Horb, Immenstadt, Kusterdingen, Leinfelden, Leonberg, Lohr, Lollar, Ludwigsburg, Nuremberg, Planegg- Martinsried, Plochingen, Regensburg, Renningen, Reutlingen, Rülzheim, Schwäbisch Gmünd, Schweinfurt, Schwieberdingen, Stuttgart, Traunreut, Waiblingen, Wernau Manufacturing locations – Mobility SolutionsAnsbach, Arnstadt, Bamberg, Berlin, Bietigheim, Blaichach/Immenstadt, Breidenbach, Bremen, Bühl/Bühlertal, Eisenach, Göttingen, Hildesheim, Homburg, Kusterdingen, Munich, Nuremberg, Plochingen, Pollenfeld, Reutlingen, Salzgitter, Schwäbisch Gmünd, Stuttgart, Waiblingen Technical sales offi ces for automotive original equipmentBerlin, Braunschweig, Cologne, Frankfurt am Main, Munich, Waiblingen

Manufacturing operations – Industrial TechnologyAugsfeld, Chemnitz, Dresden, Elchingen, Erbach, Homburg, Horb, Ketsch, Lohr, Murrhardt, Nuremberg, Schweinfurt, Stuttgart, Volkach Manufacturing operations – Consumer GoodsBad Neustadt, Bretten, Dillingen, Giengen, Leinfelden, Murrhardt, Nauen, Ravensburg, Sebnitz, Traunreut, Willershausen Manufacturing operations – Energy and Building TechnologyEibelshausen, Gunzenhausen, Lollar, Straubing, Wernau, Wettringen Sales and service centersBerlin, Bochum, Böblingen, Braunschweig, Chemnitz, Cologne, Ditzingen, Dresden, Düsseldorf, Essen, Fellbach, Frankfurt am Main, Fürth, Garching, Grasbrunn, Hainburg, Hamburg, Hannover, Holzkirchen, Ichtershausen, Karlsruhe, Leipzig, Magdeburg, Munich, Nuremberg, Pollenfeld, Ratingen, Stuttgart, Wetzlar, Willershausen Bosch.IO GmbHBerlin, Immenstaad, Waiblingen Associates in Germany:132,661

(as of December 31, 2019)This list includes locations with 100 or more associates, including the locations of non-consolidated subsidiaries.

The Bosch Group in Germany

Bosch today 202030

Bretten Bietigheim

Böblingen

Planegg-MartinsriedHolzkirchen

Hamburg

Bremen

Wettringen

HannoverBraunschweig

Salzgitter Magdeburg

Berlin

Willershausen

GöttingenLeipzig

Sebnitz

Dresden

Chemnitz

EssenBochum

RatingenDüsseldorf

Cologne

Wetzlar

Breidenbach

LollarEisenach

ArnstadtIchtershausen

Bad NeustadtFrankfurt am Main

LohrHainburg Schweinfurt

BambergAugsfeldVolkach

FürthNuremberg

Ansbach

Gunzenhausen

Erbach

HomburgKetsch

Abstatt

HorbReutlingen

Schwäbisch Gmünd

Regensburg

StraubingGiengen

DillingenElchingen

Munich GrasbrunnTraunreut

Garching

Blaichach/Immenstadt

LeinfeldenPlochingen

Wernau

StuttgartLeonberg

Ditzingen Fellbach/Waiblingen

Schwieberdingen

Kusterdingen

Nauen

Renningen

Gerlingen

Ravensburg

Karlsruhe

Ludwigsburg

Murrhardt Pollenfeld

Hildesheim

Eibelshausen

Immenstaad

Bühl/Bühlertal

mRülzhei

The Bosch Group in Germany31

The Bosch Group in Europe (outside Germany)

Austria 3,176 associates Manufacture of automotive technology and industrial technology; engineering; sales; locations: Hallein, Linz, Pasching, Vienna Belgium 1,489 associatesManufacture of automotive technology; sales; locations: Brussels, Mechelen, Tienen Bulgaria 185 associatesEngineering; sales; location: Sofi a Czech Republic 9,334 associates Manufacture of automotive technology,industrial technology, household appliances, power tools, and heating systems; engineering; sales; locations: Brno, České Budějovice, Jihlava, Krnov, Mikulov, Prague Denmark 657 associatessales; locations: Ballerup, Esbjerg Finland 199 associatesSales; location: Vantaa

France 6,636 associates Manufacture of automotive technology,industrial technology, household appliances, and heating systems; engineering; communications services; sales; locations: Drancy, Freyming, La Ferte-Bernard, Lipsheim, Marignier, Mondeville, Moulins, Paris, Rodez, Saint-Ouen, St-Thégonnec, Vendôme, Vénissieux Greece 452 associates Manufacture of household appliances; sales; location: Athens (Koropi) Hungary 15,301 associatesManufacture of automotive technology and power tools; engineering; sales; locations: Budapest, Eger, Hatvan, Maklár, Miskolc Italy 6,194 associatesManufacture of automotive technology, industrial technology, and power tools; engineering; sales; locations: Bari, Cernusco, Cinisello Balsamo, Fagagna, Milan, Modugno, Nonantola, Offanengo, Pavullo nel Frignano, Turin, Udine, Vezzano, Villasanta Netherlands 3,508 associates Manufacture of automotive technology,industrial technology, and heating systems; engineering; sales; locations: Amsterdam, Boxtel, Breda, Deventer, Eindhoven, Hoevelaken, Tilburg

Bosch today 202032

Poland 7,899 associatesManufacture of automotive technology, power tools, and household appliances; engineering; sales; locations: Goleniów, Łódź, Mirków, Rzeszów, Warsaw, Wrocław Portugal 5,451 associatesManufacture of automotive technology, heating systems, and security systems; engineering; communications services; sales; locations: Aveiro, Braga, Lisbon, Ovar Romania 8,004 associates Manufacture of automotive technology; engineering; communications services; sales; locations: Blaj, Bucharest, Cluj, Timişoara Russian Federation 3,353 associates Manufacture of automotive technology, household appliances, and power tools; communications services; locations: Engels, Kazan, Khimki, Moscow, Samara, St. Petersburg Serbia 1,542 associatesManufacture of automotive technology; sales; locations: Belgrade, Pećinci Slovakia 900 associatesManufacture of automotive technology and household appliances; engineering; sales; locations: Bernolákova, Michalovce Slovenia 1,501 associates Manufacture of industrial technology and household appliances; engineering; sales; locations: Nazarje, Škofja Loka

Spain 8,435 associates Manufacture of automotive technology and household appliances; engineering; communications services; sales; locations: Aranjuez, Barcelona, Castellet, Esquíroz, La Cartuja, Lliçà d’Amunt, Madrid, Montañana, San Sebastián, Santander, Vigo, Vitoria, Zaragoza Sweden 1,661 associates Manufacture of industrial technology and heating systems; engineering; sales; locations: Lund, Mellansel, Stockholm, Tranås Switzerland 2,069 associatesManufacture of industrial technology and power tools; sales; locations: Buttikon, Frauenfeld, Geroldswil, Solothurn, St. Niklaus Turkey 16,684 associates Manufacture of automotive technology, industrial technology and heating systems; development; sales; locations: Bursa, Çerkezköy, İstanbul, Manisa United Kingdom 4,947 associates Manufacture of industrial technology, pow-er tools, and heating systems; engineering; communications services; sales; locations: Alfreton, Cirencester, Clay Cross, Denham, Glenrothes, Greetland, Liverpool, Milton Keynes, St. Neots, Stockport, Stowmarket, Worcester

(as of December 31, 2019)This list includes countries and locations with 100 or more associates, including the locations of non-consolidated subsidiaries.

There are further locations in Belarus, Croatia, Estonia, Georgia, Ireland, Kazakhstan, Latvia, Lithuania, Luxembourg, and Norway.

33The Bosch Group in Europe (outside Germany)

The Bosch Group outside Europe

Argentina 213 associatesSales; location: Buenos Aires Australia 1,245 associates Manufacture of automotive technology and industrial technology; engineering; sales; locations: Clayton, Sydney Brazil 7,891 associates Manufacture of automotive technology, industrial technology, power tools, and heating systems; engineering; communica-tions services; sales; locations: Alphaville, Aratú, Atibaia-SB, Campinas, Curitiba, Itupeva, Joinville, Pomerode, São Paulo Canada 357 associatesManufacture of industrial technology; sales; locations: Mississauga, Welland Chile 223 associatesSales; location: Santiago de Chile China 54,778 associatesManufacture of automotive technology,industrial technology, power tools, household appliances, heating systems, and security systems; engineering; communications services; sales; locations: Beijing, Changchun, Changsha, Chengdu, Chongqing, Chuzhou, Dongguan, Foshan, Hangzhou, Hefei, Hong Kong, Jinan, Liuzhou, Nanjing, Ningbo, Qingdao, Shanghai, Shenzhen, Suzhou, Taicang, Wuhan, Wuhu, Wujin, Wuxi, Xi’an, Yantai, Zhuhai

Colombia 113 associatesSales; location: Bogotá

Costa Rica 253 associates Communications services; location: Heredia India 33,224 associatesManufacture of automotive technology, industrial technology, power tools, and household appliances; software devel-opment; engineering; communications services; sales; locations: Ahmedabad, Bengaluru, Bidadi, Bommanahalli, Chakan, Chennai, Coimbatore, Gangaikondan, Hyderabad, Jaipur, Koramangala, Mumbai, Naganathapura, Nalagarh, Nashik, New Delhi, Pune, Verna Indonesia 147 associates Manufacture of automotive technology; sales; location: Jakarta Japan 6,723 associatesManufacture of automotive technology and industrial technology; engineering; sales; locations: Higashi-Matsuyama, Izumozaki, Misato, Musashi, Odawara, Ota, Shibuya, Shiki, Tochigi, Tsuchiura, Yokohama, Yorii Korea 1,875 associates Manufacture of automotive technology and industrial technology; engineering; sales; locations: Busan, Buyong, Daegu, Daejeon, Yongin Malaysia 4,067 associates

Bosch today 202034

Manufacture of automotive technology and power tools; engineering; sales; locations: Penang, Petaling Jaya Mexico 16,347 associatesManufacture of automotive technology, power tools, and security systems; engi-neering; sales; locations: Aguascalientes, Cuautitlán Izcalli, Guadalajara, Hermosillo, Juárez, Mexicali, Ciudad de México, Queretaro, San Luis Potosí, Toluca Morocco 203 associatesSales; location: Casablanca Peru 616 associatesManufacture of household appliances; sales; locations: Callao, Lima Philippines 516 associates Communications services; sales; location: Manila Singapore 637 associates Engineering; sales; location: Singapore South Africa 1,546 associatesManufacture of automotive technology and industrial technology; sales; locations: Brits, Kempton Park, Midrand Taiwan 443 associatesManufacture of automotive technology; engineering; sales; location: Taipei

Thailand 1,505 associatesManufacture of automotive technology; sales; locations: Amata City, Bangkok, Hemaraj, Rayong United Arab Emirates 140 associates

Sales; location: Dubai United States 17,914 associatesManufacture of automotive technology, industrial technology, power tools, household appliances, heating systems, and security systems; engineering; sales; 75 locations, including: Albion/IN, Allen Park/MI, Anderson/SC, Atlanta/GA, Bethlehem/PA, Broadview/IL, Burnsville/MN, Charleston/SC, Charlotte/NC, Fairport/NY, Farmington Hills/MI, Florence/KY, Fort Lauderdale/FL, Fountain Inn/SC, High Point/NC, Hoffman Estates/IL, Irvine/CA, Kentwood/MI, La Follette/TN, Lincoln/NE, Lincolnton/NC,Los Angeles/CA, Mount Prospect/IL, New Bern/NC, Owatonna/MI, Phoenix/AZ, Plymouth/MI, St. Joseph/MI, Sunnyvale/CA, Warren/MI, West Memphis/AR Vietnam 4,382 associates Manufacture of automotive technology; creation of software; engineering, sales; location: Ho Chi Minh City

(as of December 31, 2019)This list includes countries and locations with 100 or more associates, including the locations of non-consolidated subsidiaries. There are further locations in Algeria, Bangladesh, Botswana, Cambodia, Ecuador, Egypt, Ghana, Iran, Israel, Kenya, Laos, Lebanon, Mozambique, Myanmar, Namibia, New Zealand, Nigeria, Pakistan, Panama, Paraguay, Qatar, Saudi Arabia, Sri Lanka, Tunisia, Uruguay, Uzbekistan, Venezuela, and Zambia.

35The Bosch Group outside Europe

Robert Bosch is born in Albeck near Ulm on September 23

1861

1897First successful installation of the Bosch low-voltage magneto ignition device in a motor vehicle

MMilllestonneessiin ccommppaanyy histtorryyfroomm itts esstabbllishmmentt tt o tthhe pprressennt dayy

1199002

1905First Bosch manufacturing site outside Germany opens in Paris

Deelivveryy of thhee fi rst hhigh--volltage magnnetoo ignitioon syssttem wwittth Booschh sppark pllugs

18998Firsst Booschh salless officeee outtsiddde Germanny oopenss in the UUniteed Kinggdom

11888866EEstablishmment ooff the cooompanyy:: oopenning of the WWWorkshooop for PPrecisioonnMMechhaniics and EElectricaal Engiinneering inn Sttuttggartt on NNovember 15

Bosch today 202036

1933Launch of the Bosch refrigerator

1932Acquisition of heating systems business of Junkers & Co. GmbH in Dessau, Germany

Market launch of the fi rst mass-produced car radio in Europe

1912Start of production in Bosch’s fi rst U.S. plant, in Springfi eld, MA

1913At the main plant in Stuttgart, establishment of an apprentice training department with a dedicated workshop

Market launch of the Bosch automotive lighting system

1918Gottlob Honold designs the new Bosch logo – the “armature in a circle”

1927Start of production of Bosch injection pumps and nozzles for diesel engines

1928Market launch of the Forfex hair trimmer, the fi rst Bosch power tool

199221The fi first BBosch Serrvicee repaiir sshop is opeenedd in Hambburg

19932First powwer drilll and Boschh haammer

37Milestones

Establishment of Bosch-SSiemmeens Haus-geräte GmbH (known afterr 199998 as BSH

Bosch und Siemens Hausgerääte GGmbH and since 2015 as BSH Hausggerätte GmbH)

1942Robert Bosch dies in Stuttgart on March 12

1951Start of production for gasoline injection systems for passenger cars

119440OOpenning of the Robeert Bossch Hosspital

1964The not-for-profi t organization Vermögensverwaltung Bosch (from 1969 Robert Bosch Stiftung GmbH) acquires a majority stake in Robert Bosch GmbH

1963Acquisition of Erich Wetzel Verpackungs-maschinen GmbH, entry into packaging technology

1967Start of production for the D-Jetronic electronically controlled gasoline injection system

Bosch today 202038

1976Production of lambda sensors for three-way catalytic converters begins

1979Start of production of the Motronic digital engine management system

1986Start of production of the TCS traction control system

1989Launch of TravelPilot IDS, the fi rst independent vehicle navigation system in Europe

1991Start of production of Motronic with controller area network (CAN)

1997Start of production of the common-rail high-pressure diesel injection system

1995Start of large-scale production of MEMS sensors (micro-electro-mechanical systems)

Start of production of ESP®, the world’s fi rst electronic stability program

1999ZF Lenksysteme GmbH joint venture (since 2015: Robert Bosch Automotive Steering GmbH) set up with ZF Friedrichshafen AG

1978Staart of prodducttion of ABS, thee electronnicallly controlleddanttilock brakingg system

39Milestones

2013Start of production of MSC motorcycle stability control

20015Bosch opens neew research camppus

in RRennningen, Geermaany

2003Acquisition of Buderus AG, Wetzlar, Germany

2000Production of the DI Motronic gasoline direct injection system

2001Industrial leadership of Mannesmann Rexroth AG, and its merger with the Automation Technology division to form Bosch Rexroth AG

2005Start of production of the Night Vision driver assistance system

220003LLaunchh of the Ixo cordless ddrill/driver with liithium-ion rrecharrggeable batttery

2010Full parallel hybrid powertrain for passenger cars goes into production

Start of production of the predictive emergency braking system

2011Start of production of drive components for e-bikes in Mondeville, France

2008Acquisition of Innovations Softwaretech-nologie GmbH in Immenstaad, Germany (since 2020: Bosch.IO GmbH)

2012Bosch sets up a joint venture with the Chinese manufacturer Polaris, thus entering the e-scooter market

Bosch today 202040

2020Goinng carbon neutral: startting this year, tthe poweer supplies to BBosch locattions worldwidde will no loonger leave a ccarbon footpprint

2018New Bosch diesel technology already stays below the limits for nitrogen-oxide emissions scheduled to come into force from 2020

2019Bosch and Daimler obtain fi rst ever offi cial approval for automated valet parking – driverless parking without human oversight – in the parking garage of the Mercedes-Benz Museum Together with the city of San José, Bosch and Mercedes-Benz start a pilot project for robo-taxis: an app-based ridesharing service using automated Mercedes-Benz S-Class vehicles

2016Bosch launches its own cloud for web-based services

2017Bosch launnchees the e-axle. This compact neew ddrive unit for electtric vehicles coomprrises motor, powerr electronicss, annd transmission

41Milestones

Board of management

From left

Prof. Stefan AsenkerschbaumerDeputy chairman

Dr. Christian Fischer

Peter Tyroller

Christoph Kübel

Dr. Markus Heyn

Uwe Raschke

Dr. Michael Bolle

Dr. Stefan Hartung

Dr. Volkmar DennerChairman

Harald Kroeger

Rolf Najork

Bosch today 202042

Supervisory boardFranz FehrenbachChairman Frank SellDeputy chairman

Nadine BoguslawskiDr. Christof BoschChristian BrunkhorstProf. Elgar FleischKlaus FriedrichMario GutmannJörg Hofmann Prof. Michael KaschkeProf. Renate KöcherMartina Koederitz

Matthias Georg MadelungKerstin MaiDr. Wolfgang MalchowOliver SimonKarin SoldaPeter SpuhlerDr. Richard VogtProf. Beatrice Weder di Mauro

Prof. Hermann SchollHonorary chairman of the Bosch Group

43Management

Bosch today 202044

Table of Contents

The Bosch Group in Japan at a glance 45

Main Bosch Group locations in Japan 46

Bosch in Japan Business Areas 48

Mobility Solutions 49

Industrial Technology 52

Consumer Goods 53

Energy and Building Technology 53

Bosch as an employer 54

Initiatives for promoting work-life balance 55

CSR activities 56

café 1886 at Bosch 57

History of the Bosch Group in Japan 58

BBossscch GGrrouuppp inn JJaapaann

Bosch today 202044

45

Bosch marks its 109th year of operations in Japan this year, having started in 1911. Since then, the Bosch Group has established a solid foundation in four business areas (Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology) and has provided Japanese customers with services and products to meet their needs. By providing innovative solutions to realize the Bosch Group’s corporate slogan, “Invented for life” in these business areas, the Group strives to improve the quality of life for Japanese society.

Bosch in Japan● Since 1911

● Associates 6,700

● Sales to third-parties 330 billion yen

● Investments 14 billion yen

● Number of group companies 14

As of Dec. 31, 2019

45

Bosch today 202046

MMaainn Boosscch GGGrouup loocattiooons inn Jaappannn

Headquarter

Sales

Office

Research and Development Manufacturing

MEMANBETSU

NASUSHIOBARA

TOCHIGI

TSUCHIURA

TOKYO

HIGASHIMATSUYAMA

YORII

OTA

MUSASHI

YOKOHAMA

ODAWARA

KANDA

MEMANBETSU

TSUCHIURA

TOKYOYOKOHAMA

ODAWARA

MUSASHI

OTAYORII

HIGASHIMATSUYAMA

KANDA

TOCHIGI/NASUSHIOBARA

Mobility SolutionsEnergy & Building Technology

Industrial TechnologyConsumer Goods

Bosch today 202046

47

Company name Office nameBosch Corporation Technical Center Memanbetsu

Tochigi PlantShiobara Proving GroundUtsunomiya OfficeOta PlantHigashimatsuyama PlantYorii PlantShiki OfficeMusashi PlantHead OfficeYokohama Office Yokohama 2nd Office Yokohama 3rd OfficeBosch Automotive Steering Test Center(Yokohama)Hamamatsu Office Toyota OfficeMikawaanjo OfficeOsaka OfficeHiroshima OfficeKanda Site

Bosch Rexroth Corporation Tokyo OfficeTsuchiura Office/Tsuchiura Plant/Tsuchiura Service CenterHägglunds Sales Office/Yokohama Service CenterNagoya Sales Office/Nagoya Service CenterOsaka Sales OfficeKyushu Sales Office

Nippon Injector Corporation Head Office(Odawara)ETAS K.K. Head Office(Yokohama)

Utsunomiya OfficeNagoya Office

Bosch Security Systems Ltd. Head Office(Tokyo)Magome Repair Center

ITK Engineering Japan Inc. Head Office(Tokyo)Advanced Driver Information Technology Corporation Head Office(Aichi)Bosch Engineering Solutions Ltd. Head Office(Tokyo)

Bosch Corporation – Subsidiaries　Japan　Fuji Aitac Co., Ltd. 　Gunma Seiki Co., Ltd. 　F.A. Niigata Co., Ltd. 　Kanto-Seiatsu Kogyo Co., Ltd. 　Bosch Engineering K.K.　Bosch Service Solutions Corporation

　Overseas　Bosch Automotive Thailand Co., Ltd.

Boooschh Grooup coommppaanniees iinn Japppan

47

Bosch today 202048

Bosch in Japan Business AreasIn Japan, as well, Bosch operates across four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology.

Mobility Solutions

Consumer Goods

Industrial Technology

Energy and Building Technology

Bosch today 202048

49

Mobility Solutions also accounts for the greatest share of profits among the four business sectors in Japan. Organized around the concept of PACE (Personalized, Automated, Connected, Electrified), Bosch offers a wide range of innovative mobility solutions and services for achieving a new generation of sustainable, safe and exciting mobility.

Mobility Solutions

49

Bosch today 202050

Personalized Mobility- Services Tailored to Individual Needs

Automated Mobility- Solutions for Accident-Free Mobility

Using Bosch's innovative technologies, we offer services that meet individual needs while reducing impact on cities and the environment. One example of these services is our Battery in the Cloud battery management service, which uses cloud technology to improve battery performance, lengthen battery lifespan and increase vehicle range. We have also currently begun introducing this service, and related pilot projects, for automakers and mobility service providers, in Japan.

Bosch develops automation technologies for accident-free mobility, such as driver assistance systems and automated driving and parking technologies. Bosch has been developing Road Signature vehicle localization technologies using on-board radar since 2017, and as of October 2019 has begun collecting data from expressways in the Kanto region for the purpose of creating map data that can be integrated into highly accurate 3D maps for automated driving.

Bosch today 202050

51

Connected Mobility- Solutions for Seamless Mobility Networking

Electrified Mobility- Solutions for Environmentally Friendly Mobility

In the realm of IoT technologies, such as hardware, sensors, software, services and AI, Bosch uses its wealth of experience and specialist knowledge to provide technologies that create a more pleasant experience for road users, while also increasing safety, user-friendliness and the joy of driving. A prime example of this technology is Perfectly Keyless, which allows users to connect their car and smartphone to lock and unlock doors and start engines, without a physical key. Perfectly Keyless conveniently allows users to exchange keys via smartphone, while also maintaining a level of security not achieved with previous keyless entry systems.

Bosch is focused on developing mobility solutions that have a minimal impact in relation to issues such as global warming and air quality. In the realm of electromobility, Bosch pursues a wide range of applications, from bicycles to commercial vehicles and from 48-volt mild hybrids to fully electrical powertrains. Automobiles equipped with Bosch's highly cost-effective products for 48-volt mild hybrids are already scheduled for series production by Japanese automakers.

51

Bosch today 202052

Two-Wheelers and Powersports

Bosch covers the full range of powersports, from small to high-performance two-wheelers, offering comprehensive solutions in areas such as assistance systems, powertrain systems and electrification, and connectivity systems.

Industrial TechnologyBosch Rexroth Corporation handles industrial technology within the Bosch Group and conducts sales and servicing of hydraulic equipment, factory automation module components, electric servo drives and controller products for a wide range of industries in Japan. Bosch Rexroth sells products and solutions that use highly efficient electrical equipment and controllers along with the characteristics of high power hydraulics to respond accurately to diverse needs within the industrial sector. The company is also promoting products designed to save energy and clean-up exhaust gas in construction equipment, as well as improve the safety of industrial machinery. Furthermore, by developing products that work with IoT, along with its conventional product lines, the company is actively contributing in a wide range of fields including construction machinery, general industrial machinery, and factory automation.

Bosch today 202052

53

Bosch is a global pioneer and a leader in technology innovation for power tools. Bosch launched the world’s first portable power tool with a built-in motor in 1928. The company went on to create several world firsts, including demolition hammers, rotary hammers, and jigsaws, and in recent years developed the world’s first cordless tool powered by a lithium-ion battery. Continuing even further, in the field of measuring tools featuring the latest technology, Bosch has created new markets such as a market for laser distance measurers. As a leading global brand with outstanding designs, Bosch is highly valued in the Japanese market. Customers know they can rely on Bosch power tools for their high quality and performance. Bosch will continue to deliver safe, high quality products through product development targeted at a wide range of user needs, from professional to DIY applications.

Consumer Goods

Energy and Building TechnologyEstablished in 1981, Bosch Security Systems Ltd. provides products and services relating to sound,telecommunications, security under the Bosch and other group brands. The company’s wide-ranging portfolio includes sound systems for stadiums and theaters, highly reliable voice communication equipment required by telecommunications operators as well as fire fighting and police services, conference systems capable of handling multiple languages used in international summits and other events, and security systems such as network cameras. Through these products and services, Bosch Security Systems provides one-stop system solutions tailored to customers’ needs.

53

Bosch today 202054

Bosch as an employer

A unique and unusual management structureseparating "management （voting rights）" and"shareholders（profi t dividends）" Bosch undertakes stable management research and development based on a long-term view. In addition,

all profi ts that are not reinvested are returned to society through the foundation the Robert Bosch Stiftung.

Furthermore, we have developed an environment conducive to innovative ideas by preserving independen-

ce in all fi elds of product development, and not aligning ourselves with any particular manufacturing group.

Bosch culture

A global environment rich in diversity

As a company with global businesses spanning 150

countries around the world, Bosch takes diversity

seriously as an important management strategy.

Promoting diversity is part of the company’s corporate

social responsibility, and is also essential for meeting the

needs of diverse customers and markets, and producing

innovation. Bosch has long been engaged in efforts

to promote diversity. We promote a culture of equal

opportunity and acceptance for all associates, regardless

of different race, gender, age, nationality, religion,

physical ability, sexual orientation, and gender identity.

Our corporate culture places a great deal of importance on valuing

each individual associate's contribution to the company's success.

Working Spaces that Foster Communication

In response to fast-paced and ever-changing times,

Bosch pursues changes in work styles through an

innovative approach to workplace environments.

Our corporate headquarters in Shibuya was recognized

in the 32nd Nikkei New Office Awards for its innovative

design, which encourages novel collaboration

throughout the company and fosters a sense of

individual leadership in each of our associates.

Recruitment／Internship HP：https://corporate.bosch.co.jp/careers/

Bosch today 202054

55

Initiatives for promoting work-life balanceFounder's philosophy

"I introduced the eight-hour day very early on – in 1906 – because I believed it the most effi cient solution economically, as well as the best way of preserving human capacity for work." （Robert Bosch, 1941）

Bosch in Japan is taking steps to achieve fl exible work styles that meet the needs of individual associates.

Diverse work cultureFlexitime, telecommu-ting, and shortened work hours, etc.

Systems to support balan-cing family and work obliga-tions, such as childcare, nur-sing care, and sick leave, etc.Most of related regulations are above the legal requirement.

Worklife balancePaid leave usage rate 97.5%No-overtime day every FridayStaff turnover rate within the 1% level （as of 2019）

Accreditations and awards・Kurumin designation (2010, 2015)

・Randstad Award 2016　 Most attractive employer First place in the overseas company division

・Health & Productivity (2017, 2018, 2019)

・Internship Award (2017, 2018, 2019)

55

Bosch today 202056

CSR activities In the spirit of social service promoted by the company’s founder, Robert Bosch, the Bosch Group engages in corporate social responsibility (CSR) activities.

Social ContributionEvery business location engages proactively with the local community by participating in local events, hosting plant tours, and taking part in neighborhood clean-up activities.

Forest preservation activitiesBosch Corporation signed the "Agreement of Forest Preservation in Saitama" with Saitama prefecture and Higashimatsuyama city on November 4, 2007. The purpose of the agreement is to conduct forest conservation activities in the "Citizen's Forest" in Higashimatsuyama city. The agreement includes the consignment of preservation activities for a part of this "Citizen's Forest". Under the agreement, Bosch bears the conservation costs. In addition, Bosch conducts "Bosch Forest Club Activities" on a regular basis for citizens to learn about and become familiar with the forest.

Regional Contribution

"German Innovation Award” to support young researchers in JapanT h e aw a r d w a s e s t a b l ish e d by technology-focused German companies to encourage collaboration between German and Japanese industry and academia and to provide support for young researchers in Japan. It is granted for path-breaking research that is driven by the power of imagination and innovation, and contributes to shaping tomorrow’s society. Bosch supports this activity from the establishment of this award.

TABLE FOR TWOThe Bosch Group in Japan has been implementing the TABLE FOR TWO program since 2010. The program serves healthy meals at company cafeterias and donates part of the sales for school lunches in developing countries. The program aims to simultaneously help to eradicate hunger in developing countries and obesity and lifestyle diseases in advanced countries. When associates select one of the nutritionally balanced, low-calorie meals from the menu at the cafeteria, part of the money paid for the meal is donated.

Bosch Corporation and Shibuya city have concluded a "Shibuya Social Action Partner (S-SAP) Agreement" under which they will cooperate with the goal of solving issues facing the local community in May, 2017. Bosch Corporation is the first foreign-invested company to conclude such an agreement and solve the local issues such as graffiti. Bosch donated necessary power tools for such activities.

Bosch today 202056

57

www.bosch-cafe.jp

café 1886 at Bosch

In September 2015, Bosch opened café 1886 at Bosch, on the first floor of the Japan Headquarters in Shibuya, Tokyo. It is the first Bosch Group brand communication site open to the general public in the world. Combining a café and a showroom, this site not only showcases Bosch’s history and advanced technologies, but also offers a unique menu to be enjoyed in a comfortable space produced by collaboration of creators working in various industries.

57

Bosch today 202058

1999111

HHistorry oof tthe BBoschh GGGrouup in JJapaan

1939

Diesel Kiki Co., Ltd. is started as a joint venture with engine manufacturers to produce diesel injection systems in Japan under license from Bosch.

1990

Diesel Kiki Co., Ltd. changes its name to Zexel Corporation.

1992

Technical Center established in Yokohama as an R&D center.

1997

Bosch increases its equity stake in Zexel Corporation (13.9% → 30.1%), becoming the lead shareholder.

Bosch expands into Japan. Bosch begins product sales and repairs through an agent.

Founding of Robert Bosch (Japan) Ltd. as a 100% subsidiary of Bosch.

19999772222

2001

With the acquisition of Mannesmann Rexroth AG by Bosch in Germany, Rexroth Automation Corporation and Uchida Hydraulics Co., Ltd. are added to the Group in Japan.

2000

Bosch K.K. and Zexel Corporation unify their automotive original equipment (OEM) businesses at Zexel Corporation, which is renamed to Bosch Automotive Systems Corporation.

2002

Integration of Bosch Automotive Systems Corporation, Bosch Braking Co., Ltd., and Bosch Electronics Corporation.

2005

Bosch K.K. is merged into Bosch Automotive Systems Corp., and the new company changes its name to Bosch Corporation.

Bosch today 202058

59

"Plantect™" smart agriculture solutionsBosch launches innovative disease prediction service using sensors and artificial intelligence

200001177

Bosch starts first public road testing in Japan of Advanced Rider Assistance System for motorcycles

200001199

2008

Bosch Corporation becomes a wholly-owned subsidiary of the Bosch Group.

Official opening of Bosch R&D center expansion in Yokohama and completion of vehicle Technical Center Memanbetsu expansion.

220000110000

2011

100th anniversary of the start of operations of Bosch Group in Japan.

Bosch Group’s 125th founding anniversary.

150th birthday of the company founder, Robert Bosch.

2015

Two-Wheeler & Powersports is established as an independent business division for the motorcycle business, with headquarters located in Yokohama.

"café 1886 at Bosch" is opened at headquarters in Shibuya.

Start of automated driving testing in Japan.

2016

Opened the service center in Shiki providing Bosch eCall (emergency call) service.

59

How to contact us

For press inquiries, contact the corporate department Communications and Governmental Affairs.Bosch Media Service: www.bosch-press.com

For information on career opportunities in the Bosch Group,contact the corporate department Human Resources at www.bosch-career.com

Companies wishing to become suppliers to Bosch should contact the corporate sector Global Business Services at www.purchasing.bosch.com

For an online version of the annual report, go to:annual-report.bosch.com

PDF versions of the annual report and Bosch today are available at:annual-report.bosch.com

The Bosch Group’s corporate headquarters can be contacted at the following address and telephone number:

Robert Bosch GmbHPostfach 10 60 5070049 Stuttgart, Germany

Phone +49 711 811-0contact@bosch.comwww.bosch.com

Bosch Group Sustainability Report:

Translated and printed in Japan

Contact to Bosch Japan:Phone: 0800 888 4000 (Free of charge) +81-(0)3-3400-1551 (From other countries)contact@jp.bosch.comwww.bosch.co.jp

Bosch Japan You Tube:https://www.youtube.com/boschjp

Bosch Japan Facebook:https://www.facebook.com/bosch.co.jp

Bosch Japan Twitter:https://twitter.com/Boschjapan

Bosch today 202060

Figures in millions of euros 2015 2016 2017 2018 2019Figures in millions of euros

Figures in billions of yen

Sales revenue 70,607 73,129 78,066 78,465 77,721 　9,482.4

of which generated outsideGermany (as a percentage) 80 80 80 79 80

Research anddevelopment cost1 6,378 6,954 7,264 5,963 6,079 　 741.7

as a percentage of sales revenue 9.0 9.5 9.3 7.6 7.8

Capital expenditure 4,058 4,252 4,345 4,946 4,989 　 608.7

of which in Germany 1,394 1,580 1,546 1,757 1,718 　 209.6

of which outside Germany 2,664 2,672 2,799 3,189 3,271 　 399.1

as a percentage of sales revenue 5.7 5.8 5.6 6.3 6.4

as a percentageof depreciation 146 141 140 159 146

Annual average numberof associates (thousands) 369 384 403 407 408

of which in Germany 131 133 137 138 136

of which outside Germany 238 251 266 269 272

as of 12 /31 of the year 375 389 402 410 398

Total assets 77,266 81,875 81,870 83,654 89,030 10,862.2

Equity 34,424 36,084 37,552 39,176 41,079 　5,011.9

as a percentage of total assets 45 44 46 47 46

EBIT 4,587 3,335 4,916 5,502 2,903 　 354.2

Profi t after tax 3,537 2,374 3,274 3,574 2,060 　 251.3

Unappropriated earnings 142 138 241 242 119 　 14.5

Five-year summaryof the Bosch Group

61

Average rate 2019: 122.0058 yen = 1 euro1. Up to 2017, including development work charged directly to customers

Robert Bosch GmbH

Postfach 10 60 5070049 StuttgartGermanywww.bosch.com