NEC launches new end to end private 5G solution with Cisco

NEC launches new end to end private 5G solution with Cisco

TOKYO, Oct 28, 2024 - (JCN Newswire via SeaPRwire.com) - NEC Corporation (NEC; TSE: 6701), a leader in the integration of IT and network technologies, is joining forces with Cisco to deliver a new private 5G network solution to their customers. Architecture that includes Cisco 5G SA Core and a Cloud Control Centre together with the validated radio network and systems integration services provided by NEC makes the solution ready for a go to market stage.Cisco expertise in core networks and NEC experience and knowledge in wireless networks will be the key not only to implement but to maintaining and supporting private 5G networks for enterprise customers directly or by collaborating with service providers globally, starting from Europe and the Middle East.A demonstration facility and lab at NEC enable customers to prove the end-to-end solution and validate multiple use cases for supporting the digital transformation of customers’ business operations in industries such as logistics, warehousing, event venues and airport management and operation."The needs for modernized architecture in 5G have steadily enhanced our partnership with Cisco, leading us to this next level," said Hideyuki Ogata, Senior Executive Professional, Global Network Division, NEC. "The industry-leading solutions from Cisco and our ecosystem partners, combined with our world-class network integration capabilities, enable us to deliver compelling solutions to multiple operators and verticals across the world.""Our collaboration with NEC leverages our combined strengths to bring cutting-edge private 5G solutions to enterprises worldwide," said Masum Mir, Senior Vice President and General Manager, Provider Mobility, Cisco. "Together with NEC, we are creating a powerful force to drive digital transformation and innovation across multiple sectors, and support the critical changes needed in networking infrastructure to carry the internet into the next decade."Private 5GPrivate 5G networks involve the deployment of 5G infrastructure (antennas, base stations, etc.) dedicated to serving the connectivity needs of a specific enterprise or entity. This technology allows organizations to customize their network according to their specific requirements, optimizing performance and security.5G technology inherently offers lower latency, enabling real-time communication crucial for applications such as the Industrial Internet of Things and automation. Private 5G networks can handle a large number of connected devices and provide high data transfer speeds.About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at www.nec.com/ and www.nec.com/en/global/solutions/5g/index.html. Copyright 2024 JCN Newswire via SeaPRwire.com.
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Mitsubishi Power Receives Order for Facility Retrofit at the Darajat Geothermal Power Plant in Indonesia

Mitsubishi Power Receives Order for Facility Retrofit at the Darajat Geothermal Power Plant in Indonesia

TOKYO, Oct 28, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has received a turnkey contract from Star Energy Geothermal Darajat II, Limited (SEG), a geothermal power producer in Indonesia, for the retrofit of Unit 3 at its Darajat Geothermal Power Plant in Java. Mitsubishi Power will upgrade the steam turbine and related equipment, with work scheduled to be completed in the fall of 2026. The introduction of a highly efficient and reliable steam turbine for this project will provide a stable supply of electricity, while also contributing to reduced CO2 emissions and a greater renewable energy ratio for the country.Darajat Geothermal Power PlantMHI's Nagasaki Shipyard & Machinery Works in Nagasaki will handle design, manufacturing, and installation support for this project. PT. Mitsubishi Power Indonesia, will provide support for long-term stable operation following the on-site installation and retrofit work. Mitsubishi Power received this contract on a turn-key basis from SEG in recognition of Mitsubishi Power's exceptional steam turbine technologies that enable increased output by updating certain parts of the facility, and its high level of skill in carrying out on-site installation work.The geothermal power plant to be retrofitted is located in Garut, West Java, about 200 kilometers southeast of the capital Jakarta. Mitsubishi Power provided a steam turbine for the plant in 2007. This retrofit will increase the power output from the rated 121 megawatts (MW) to 129 MW.Commenting on the agreement, Kazuhiro Yoshida, President of PT. Mitsubishi Power Indonesia, said: "Indonesia has the second-largest geothermal power generation capacity in the world. We have provided a total of six units for geothermal power plants in the country, with total output amounting to approximately 400 MW. In addition, we are currently involved in the construction of an additional unit. Through geothermal power generation and other clean energy technologies, MHI will contribute to achieving the Indonesian government's goal of carbon neutrality by 2060."SEG is the core company in PT Barito Renewables Energy Tbk (BREN) Group, the principal renewable energy operator in Indonesia and one of the largest firms in Indonesia by market capitalization. Hendra Soetjipto Tan, CEO of both BREN and SEG, said regarding the project: "Amid rising electricity demand in Indonesia, there is also greater pressure from consumers for electricity derived from renewable energy. Through this project, we will contribute to both Indonesia's economic development and cleaner energy."Going forward, MHI Group will make further efforts to support the widespread adoption of high-performance and highly reliable technologies, while also contributing to the stable supply of electricity essential for economic development around the world, and the preservation of the global environment by promoting the decarbonization of energy.At the Signing CeremonyAbout MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2024 JCN Newswire via SeaPRwire.com.
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Title showdown beckons for TOYOTA GAZOO Racing

Title showdown beckons for TOYOTA GAZOO Racing

TOKYO, Oct 25, 2024 - (JCN Newswire via SeaPRwire.com) - TOYOTA GAZOO Racing is ready for an FIA World Endurance Championship (WEC) title showdown when a rollercoaster 2024 season reaches its climax in the 8 Hours of Bahrain on Saturday 2 November.The team heads into the season’s eighth and final race with a mission to retain its manufacturers’ World Championship against strong competition from Ferrari and Porsche. In the seven races so far, TOYOTA GAZOO Racing has earned two victories, and a win in Bahrain will guarantee the title for the sixth successive season.Kamui Kobayashi and Nyck de Vries retain a slim chance of the drivers’ title but to do so, they must win the race, alongside #7 GR010 HYBRID team-mate Mike Conway, and hope the #6 Porsche crew fail to score points. Last year’s Bahrain winners, and outgoing drivers’ World Champions, Sébastien Buemi, Brendon Hartley and Ryo Hirakawa will fight for their second win of the season in their #8 GR010 HYBRID in Saturday’s race, which begins in daylight and ends after sunset.TOYOTA GAZOO Racing has a formidable record at the Bahrain International Circuit, having won the last seven WEC races there, including six consecutive one-two finishes. In total it has won nine of its 12 races in the island kingdom, earning six pole positions and five front-row lock-outs.The challenge is tougher than ever this year against an 18-strong Hypercar field including title rivals Ferrari and Porsche, who are both are in the fight for the drivers’ and manufacturers’ crowns. Alpine, BMW, Cadillac and Peugeot showed speed at Fuji Speedway and are expected to join an exciting battle for honours.The 5.412km Bahrain International Circuit is the traditional venue for WEC’s season finale, having hosted the last race in eight of the 11 seasons since WEC’s return in 2012. Its 15-turn lay-out features a mix of high-speed and slower corners and is renowned for being abrasive with high grip levels, creating a particular challenge in terms of tyre management.Practice for the Saturday race begins on Thursday with two 90-minute sessions, one in daylight and the other under lights, and concludes on Friday. The grid will be decided during the qualifying and Hyperpole sessions, starting at 4.40pm local time (2.40pm CET) on Friday, while the 8 Hours of Bahrain starts at 2pm (midday CET) on Saturday.The track action continues on Sunday with the traditional rookie test, when Esteban Masson will drive a GR010 HYBRID for the first time as part of the team’s commitment to giving opportunities to young, upcoming drivers. The 20-year-old Frenchman has impressed this season driving the #87 Lexus RC F LMGT3 entered by the AKKODIS ASP Team in WEC’s LMGT3 category. If TOYOTA GAZOO Racing wins the manufacturers’ title, 21-year-old European Le Mans Series racer Reshad de Gerus will also test a GR010 HYBRID as the WEC-nominated rookie.Kamui Kobayashi (Team Principal and driver, car #7):“It’s the end of an exciting and challenging season. As a team we have enjoyed some great moments as well also some difficult ones, like the last race at Fuji Speedway. The competition has been incredibly tough all season but thanks to the big effort from everyone, we go into the last race with the destiny of the manufacturers’ World Championship still in our control. We know that a win will give us the title so that is our target, and everyone will give their maximum to achieve it. We need a perfect weekend and we’re ready for the challenge.”Mike Conway (Driver, car #7):“I enjoy racing in Bahrain. It’s a fun track to drive and a place which has given me some great memories; I won my first race with Toyota back in 2014 as well as my two drivers’ titles there. As a team we also have a successful record in Bahrain and we want to keep that going this year, even though we expect another close fight because Porsche and Ferrari will be strong again. We’ll have to be at the top of our game, but we’ve prepared well and we’re looking forward to it.”Nyck de Vries (Driver, car #7):“It’s the final race of my first season as a TOYOTA GAZOO Racing race driver and we still have the manufacturers’ World Championship to fight for so I can’t wait for Bahrain. I know the track well from other series and I tested a TS050 HYBRID there all the way back in 2019 during the rookie test, which kind of started my story with the team. So, it’s nice to be going back there as a Toyota race driver. Fuji was tough for us, but it was another strong team effort and we’re ready to go again.”Sébastien Buemi (Driver, car #8):“I always enjoy going to Bahrain. It’s a great circuit, with nice facilities and good weather, plus some of my family live there so it almost feels like a home race. The circuit is fun, particularly the high-speed section from turn five, because it’s fast and flowing before the hairpin, where there’s a chance to overtake. It’s an unusual race because it runs into the night, so the temperature changes quite a bit. That makes it more challenging to find the right set-up so we will work closely on that in practice.”Brendon Hartley (Driver, car #8):“Bahrain is the last race of an exciting season, and we go there fighting for the manufacturers’ World Championship, which is one of the team’s big targets every year. Historically we have gone well in Bahrain and the circuit always seemed to suit our car, so hopefully that’s a positive sign for the coming week. It’s a longer race than normal so it’s more important than ever to execute a clean race and get our strategies right. I know the whole team has worked hard to prepare and we can’t wait to get started.”Ryo Hirakawa (Driver, car #8):“Our aim in Bahrain is to win the race and therefore the World Championship but it will not be easy. Our competitors were strong at Fuji, and we expect another challenging race, but we are fighting as hard as possible, and we will not give up. We have to be fully concentrated all weekend to get the maximum performance from our car. If we do that, we have a chance, so we will keep pushing to end the season on a high and give our all supporters and partners a result to cheer.”About Toyota Toyota strives to be a strong corporate citizen, engaging with and earning the trust of its stakeholders, and to contribute to the creation of a prosperous society through all its business operations.Our corporate principles form the basis of our initiatives, reflect values that enable action, and drive our mindset.For the latest Toyota-related news and information:https://tinyurl.com/ToyotaPressReleasenewsroom@global.toyota Copyright 2024 JCN Newswire via SeaPRwire.com.
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TOYOTA GAZOO Racing to Exhibit Immersive Content at Super Taikyu Series 2024 Final Fuji

TOYOTA GAZOO Racing to Exhibit Immersive Content at Super Taikyu Series 2024 Final Fuji

Toyota City, Japan, Oct 25, 2024 - (JCN Newswire via SeaPRwire.com) - TOYOTA GAZOO Racing (TGR) announced today that it will exhibit Japan's first(1) outdoor-compatible mobile immersive dome tent in the event square at the ENEOS Super Taikyu Series 2024 Empowered by BRIDGESTONE Round7 (Round 7 Super Taikyu Final Fuji), to be held on Saturday, November 16 and Sunday, November 17, 2024. This initiative aims to communicate the appeal of motorsports and the Super Taikyu Series in a new way while conveying its fun and depth to as many people as possible, including children.Immersion is a communication technique that combines audio and visual experiences in all directions to create a three-dimensional immersive experience. In this exhibit, immersion is combined with a large tent that is 14 meters wide and 8.2 meters tall to create a design that allows visitors to experience the thrill and speed of motorsports in a realistic way.The content also makes full use of audio and video collected from Super Taikyu races over the course of the year, allowing visitors to enjoy a synesthetic experience that focuses on the perspectives of various people involved in the races, such as drivers and mechanics, as well as cars and parts, such as the hydrogen engine and carbon-neutral fuel.The tent and video content are being produced in collaboration with T&S Ltd.(2)This content was planned and developed through discussions on how to promote the appeal of motorsports and the Super Taikyu Series, based on the Super Taikyu Waigaya Club's(3) desire to invigorate them. Production was made possible by the cooperation of the Super Taikyu MIRAI Organization, which manages the Super Taikyu Series, and Fuji International Speedway Co., Ltd., the race organizer, as well as the Super Taikyu Waigaya Club members SUBARU CORPORATION, Nissan Motor Co., Ltd., Honda Racing Corporation, and Mazda Motor Corporation, all of whom shot and provided new videos overflowing with realism.TGR hopes that this initiative will not only provide entertainment, but also help spread the appeal of motorsports and contribute to the development of the industry. Starting with the Round 7 Super Taikyu Final Fuji exhibition, TGR is considering exhibiting at various events and venues beyond the arena of motorsports to provide this new experience to as many people as possible.(1) As of October 2024, according to Toyota Motor Corporation(2) Click here for details (Japanese only) https://pr.t8s.co.jp/news_toyota_20241025/ (3) A forum formed by automobile manufacturers to create the future of cars and motorsports across the boundaries of manufacturers.Click here for details (Japanese only) https://supertaikyu.com/waigaya/index.html About Toyota Toyota strives to be a strong corporate citizen, engaging with and earning the trust of its stakeholders, and to contribute to the creation of a prosperous society through all its business operations.Our corporate principles form the basis of our initiatives, reflect values that enable action, and drive our mindset.For the latest Toyota-related news and information:https://tinyurl.com/ToyotaPressReleasenewsroom@global.toyota Copyright 2024 JCN Newswire via SeaPRwire.com.
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Joint proposal by NTT, KDDI, Fujitsu, NEC, and Rakuten Mobile adopted as Japan’s Ministry of Internal Affairs and Communications/NICT’s “Innovative ICT Fund Projects for Beyond 5G/6G” for social implementation and overseas expansion oriented strategic program (common infrastructure technology establishment)

Joint proposal by NTT, KDDI, Fujitsu, NEC, and Rakuten Mobile adopted as Japan’s Ministry of Internal Affairs and Communications/NICT’s “Innovative ICT Fund Projects for Beyond 5G/6G” for social implementation and overseas expansion oriented strategic program (common infrastructure technology establishment)

TOKYO, Oct 25, 2024 - (JCN Newswire via SeaPRwire.com) - NTT Corporation, KDDI Corporation, KDDI Research, Inc. participating in research and development as a research collaborator, Fujitsu Limited, NEC Corporation, and Rakuten Mobile, Inc. were selected by the Japan-based National Institute of Information and Communications Technology to conduct newly commissioned research in FY 2024 pertaining to a strategic program oriented toward social implementation and overseas expansion (common infrastructure technology establishment) for the Innovative ICT Fund Projects for Beyond 5G/6G.Through this research and development, the above parties will develop a technology that enables users to simultaneously use multiple cloud data centers and to switch connection destinations flexibly, in addition to ensuring fault tolerance and service quality assurance through cooperation among All-Photonics Networks (hereinafter "APN") of multiple providers. We will also develop a small APN node that will enable APN deployment at rural data centers and small and medium-sized sites.In the Beyond 5G/6G era, society's informatization will accelerate further, and enormous information processing will be required. The need for APNs is growing as demand is expected to increase for the further expansion of transmission capacity and higher processing speed for existing information and communications systems, as well as for technologies that provide the lower power consumption required for carbon neutrality. Under such circumstances, discussions on providing APNs widely to society were held by Japan’s Technology Strategy Committee of the Information and Communications Technology Subcommittee of the Information and Communications Council and the All-Optical Network Common Infrastructure Technology Working Group established under this committee. As a result, the idea that it is necessary to connect multiple sites simultaneously and to have functions to collaborate among providers was expressed in the reports "Information and Communications Technology Strategy Toward Beyond 5G" (June 2024)1 and "Development Direction and Dissemination Measures for All-Photonics Network Common Infrastructure Technology" (May 2024)2. In order to develop this technology, NICT has solicited proposals for the Beyond 5G (6G) Fund Project, to which NTT, KDDI, Fujitsu, NEC, and Rakuten Mobile jointly submitted proposals.On October 22, 2024, the Ministry of Internal Affairs and Communications and NICT announced the results of their selection for the "Beyond 5G (6G) Fund Project" as a social implementation and overseas expansion oriented strategic program (common infrastructure technology establishment), and the above five companies were selected to implement the program.This research and development will enable APNs from multiple providers to cooperate to ensure fault tolerance and service quality assurance, as well as enable users to simultaneously use multiple cloud data centers and switch connection destinations flexibly. The above parties are also planning to develop a small APN node, which will enable the deployment of APNs in regional data centers and small and medium-sized sites.The following items will be addressed in this research and development:R&D Item 1: Develop overall APN architectureR&D Item 2: Research and develop common APN infrastructure technology(a) Photonic network federation technologyAPI functions for accepting communication user's requests and function for reliable and stable interconnection between APNs of various carriers according to communication user's requests (e.g. destination, communication quality).(b) Subchannel circuit exchange technologyEnables the simultaneous use of multiple clouds and data centers as well as flexible switching, when accommodating many communication users, ensuring communication quality (required bandwidth, delay, and jitter) by E2E according to the requirements of each communication user.(c)Distributed ROADM technology3An interface function that enables the simple operation of network nodes equipped with only a part of the main functions (wavelength insertion/branching and multiplexing functions) of the current ROADM, which enables the downsizing of APN nodes and the deployment of APN in rural data centers and small and medium-sized sites. It also provides a cooperation function between the ROADM node with the main functions and the downsized APN node being considered for installation.Figure 1: Overview of R&D Activities for Common Infrastructure TechnologyWhen the outcomes of this research and development are implemented in society, APNs of various providers, including different communication carriers, can be used seamlessly. For example, it will enable high-speed, low-latency simultaneous connection to multiple providers that provide AI, cloud, and other services, as well as flexible selection and switching of connection destinations. The five companies will collaborate to realize such a society.1. www.soumu.go.jp/menu_news/s-news/01tsushin03_02000402.html2. www.soumu.go.jp/menu_news/s-news/01tsushin03_02000400.html3. ROADM (Reconfigurable Optical Add Drop Multiplexing)It is a reconfigurable node device that can add, drop, and multiplex arbitrary optical wavelengths at the optical signal exchange point.ShareAbout NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2024 JCN Newswire via SeaPRwire.com.
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MHI-MME Licenses Manufacturing and Sale of MET Turbochargers to Leading Chinese Marine Machinery Manufacturer

MHI-MME Licenses Manufacturing and Sale of MET Turbochargers to Leading Chinese Marine Machinery Manufacturer

TOKYO, Oct 25, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries Marine Machinery and Equipment Co., Ltd (MHI-MME), a part of Mitsubishi Heavy Industries (MHI) Group, has concluded a licensing agreement with Jiangsu Masada Heavy Industries Co, Ltd. (Jiangsu Masada), a privately owned marine machinery manufacturer in China, for the manufacture and sale of MET Turbochargers, its exhaust gas turbine type turbochargers for two-stroke marine engines.Signing CeremonyWith the conclusion of this agreement, Jiangsu Masada plans to start manufacturing MET Turbochargers in 2025, focusing principally on assembly, and gradually expanding to full-scale production including processes other than assembly. MHI-MME's aim with this licensing agreement is to further penetrate the Chinese market with high-quality products and services.Jiangsu Masada has a long relationship with MHI Group, and has previously concluded licensing agreements for deck cranes in 2008, and steering gears and deck machinery in 2012. At present, Jiangsu Masada is a leading manufacturer of marine machinery, boasting the largest share in the Chinese market for deck cranes, deck machinery, and steering gears.MHI-MME developed the world's first non-water cooled turbocharger, the forerunner of the MET series, in 1965. High-efficiency, high-capacity models have since been added to the lineup, and today MET Turbochargers are one of the global standards for exhaust gas turbine types. Total cumulative production volume of MET Turbochargers has now reached 45,000 units, accounting for more than 40%(Note) of the global market (in fiscal 2023) for units used in marine two-stroke engines.Going forward, MHI-MME will continue to maintain and develop a positive cooperative relationship with Jiangsu Masada, and further proactively develop and market MHI brand marine machinery.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2024 JCN Newswire via SeaPRwire.com.
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Fujitsu and Toyota Systems Corporation achieve 50% reduction in core system update time using generative AI

Fujitsu and Toyota Systems Corporation achieve 50% reduction in core system update time using generative AI

Kawasaki and Nagoya, Japan, Oct 25, 2024 - (JCN Newswire via SeaPRwire.com) - Fujitsu Limited and Toyota Systems Corporation (Toyota Systems) today announced the successful completion of field trials leveraging Fujitsu’s generative AI offerings on Fujitsu Kozuchi (1) to improve productivity and accelerate the modernization of Toyota Systems’ system development and operations. The trials confirmed a 50% reduction in the work time required for system updates as compared to conventional manual processes. The reductions were achieved by automating incompatibility checks and removals and program correction associated with OS and programming language updates.Based on these positive results, Toyota Systems will commence practical application of this technology starting January, 2025.Toyota Systems develops and operates core systems for production, logistics, sales, and other functions used by the Toyota Group. Sometimes it is necessary to update the underlying OS and programming languages of these systems, but carrying out the associated tasks of compatibility checks, identifying affected areas, correcting programs, and conducting testing are labor-intensive.To address this challenge, Fujitsu and Toyota Systems started trials in October 2023, leveraging Toyota Systems’ expertise in core systems and Fujitsu’s software development and generative AI knowledge to find a way to streamline the updating process.The field trials focused on approximately 15,000 files developed in Java and SQLJ. The generative AI successfully extracted system-impacting incompatibilities based on provided information and automatically corrected the programs. Fujitsu and Toyota Systems confirmed the corrections were accurate and as a result achieved a 50% reduction in work time compared to if the tasks had been carried out manually.Moving forward, the two companies aim to further improve productivity by expanding the application of generative AI to other programming languages beyond Java and SQLJ, as well as to the testing phase. They also plan to deploy this technology to other Toyota Group systems and projects to accelerate modernization across the organization.Toyota Systems will leverage generative AI to radically improve system development efficiency, freeing up resources to drive further innovation and ultimately deliver new value to the mobility sector and society. Fujitsu will continue to support Toyota Systems’ initiatives and aims to commercialize an AI service that streamlines program updates, contributing to the Toyota Group's digital transformation (DX).Figure: Diagram of the update process using Fujitsu’s generative AI offerings on Fujitsu Kozuchi [1] Fujitsu’s generative AI offerings on Fujitsu Kozuchi: Interactive generative AI service for enterprises provided via Fujitsu Kozuchi through the Fujitsu Data Intelligence PaaS operations platformAbout FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.About Toyota Systems CorporationToyota Systems is an IT solutions company established in Jan. 2019 by merging 3 different Toyota IT subsidiaries. The mission of the company is to support Toyota Motor Corporation and its group companies by developing innovative IT solutions and, by doing so, to contribute to develop the mobility society of the future. The number of the employees is approximately 3,000 and its support covers most of the Toyota’s main business areas such as R&D, production, logistics, sales, administration etc... For more information, please see https://www.toyotasystems.com/en/.Press Contacts:Fujitsu LimitedPublic and Investor Relations DivisionInquiriesToyota Systems CorporationPR and Management GroupInquiries Copyright 2024 JCN Newswire via SeaPRwire.com.
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Joint Study by Idemitsu Kosan and Mitsubishi Corporation on Low-Carbon Ammonia

Joint Study by Idemitsu Kosan and Mitsubishi Corporation on Low-Carbon Ammonia

TOKYO, Oct 23, 2024 - (JCN Newswire via SeaPRwire.com) - Idemitsu Kosan ("Idemitsu") and Mitsubishi Corporation ("MC") have agreed to jointly study the efficient operation of clean ammonia carriers and transshipment terminals, participation in ExxonMobil’s planned low-carbon hydrogen and low-carbon ammonia production project * in Baytown, Texas, USA, as well as the offtake of ammonia. Through this joint study, Idemitsu and MC will accelerate their study on structuring a supply chain for low-carbon ammonia procured from overseas.*This planned project will produce virtually carbon-free hydrogen with approximately 98% of carbon dioxide (CO2) removed and low-carbon ammonia. Final investment decision is expected in 2025 and is subject to necessary regulatory permits. This project aims to start production of low-carbon hydrogen (approximately 900,000 tons per year) and low-carbon ammonia (over 1 million tons per year) by 2029 and is expected to be the world's largest of its kind.Idemitsu has established an ammonia import and receiving terminal utilizing the existing infrastructure at its Tokuyama Complex in Shunan City, Yamaguchi Prefecture, and aims to jointly introduce over 1 million tons of ammonia as fuel and raw materials by 2030 in cooperation with neighboring companies in the Shunan Industrial Complex. In February of this year, Idemitsu’s Tokuyama Complex conducted a demonstration of ammonia combustion in naphtha cracking furnace that is currently in commercial use, the first of its kind in Japan, and in May, Agency for Natural Resources and Energy, METI adopted the "Ammonia supply base in the Shunan region, pipeline development in the region, and combustion facility study project" together with the 3 companies in Shunan Industrial Complex as part of the Government’s Hydrogen Supply Infrastructure Development Project. In order to be a pioneer in strengthening the competitiveness of domestic industrial complexes, Idemitsu is working with industries, government and academia to make the entire region carbon neutral.MC is assessing the partial conversion of its LPG terminal (Namikata Terminal) in Imabari City, Ehime Prefecture, into an ammonia terminal. MC is preparing to build a hub terminal that will supply approximately 1 million tons of ammonia annually to various industrial applications such as electricity, transportation and chemicals by 2030. In April 2023, MC and potential customers in the Shikoku and Chugoku regions agreed to establish “Council for utilizing Namikata Terminal as a Hub for introducing Fuel Ammonia,” and have been discussing measures to handle ammonia, operate the terminal efficiently and expand demand. Taking advantage of Namikata Terminal’s 40 years of experience as an energy hub, MC is working to develop ammonia so that it can quickly respond to decarbonization demand in the region.Ammonia does not emit CO2 when burned and can effectively use existing transportation and storage facilities without significant modifications.As a result, it is expected to contribute to low-carbon and decarbonization in various industries. Idemitsu and MC both plan to supply low-carbon ammonia produced by this project to Japan through their receiving terminals.Both companies will study the structuring of a low-carbon ammonia supply chain to realize a carbon-neutral society.Inquiry Recipient:Idemitsu Kosan Co.,Ltd., Public Relations Department Public Relations www.idemitsu.com/en/contact/flow/index.html Mitsubishi CorporationCorporate Communications DepartmentTelephone:+81-3-3210-2171 Copyright 2024 JCN Newswire via SeaPRwire.com.
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Hitachi helps First Bus move closer to 2035 Net Zero goal

Hitachi helps First Bus move closer to 2035 Net Zero goal

LONDON, Oct 23, 2024 - (JCN Newswire via SeaPRwire.com) - Building on the partnership formed last year between Hitachi and First Bus, seven of First Bus’ depots now use Hitachi’s ZeroCarbon battery and charging management software and managed services – another move taken by the UK’s leading bus operator to accelerate its 2035 net zero fleet emissions goal.Hitachi ZeroCarbon has onboarded over 400 buses across seven First Bus depots, including Leicester, Aberdeen, Bramley, Scotstoun, Norwich, Hoeford and York. This is currently in addition to the 148 buses already under management at the Caledonia depot.The seven depots with the new services play a crucial role in ensuring operations run efficiently, helping streamline operations and overall performance.Through tariff optimisation, First Bus’ energy consumption is being reduced during peak demand periods, making significant savings on energy costs. Plus, data reports, insights and recommendations from telematics are helping First Bus monitor and extend the battery health of its fleet.A centralised view of real-time information for all depot operations has also been implemented and the operational support provided by Hitachi ZeroCarbon’s managed service team, for the charging ecosystem combined, will ensure smoother operations.Andrew Gwilliam, Product and Propositions Manager, Decarbonisation at First Bus, said: “We’re committed to reducing our impact on the communities we serve, and creating cleaner air for future generations. Our continued partnership with Hitachi ZeroCarbon helps us maximise the potential from our investment in technology, and we’re pleased that Hitachi’s goals mirror our own when it comes to being a fully net zero business. Our goal is to put the bus at the heart of an integrated, sustainable and reliable transport network, allowing us to more effectively tackle congestion, liberate roads and public spaces, and deal with the climate emergency by ending dependency on fossil fuels. We’re thrilled that Hitachi is on the journey with us.”Dan Pollard, Programme Manager at Hitachi ZeroCarbon said: “As a climate change innovator, we strive to deploy our technologies through collaboration and co-creation with our partners, enabling the decarbonisation of fleets while providing new revenue streams. We are particularly proud of the positive impact our partnership with First Bus will have on air quality in local communities. By partnering with such a sustainably ambitious business and leveraging data, technology, our managed services and a shared-ownership model with First Bus, we are able to decarbonise bus fleets faster and accelerate towards global net zero commitments.”About First BusAt First Bus, we’re on a mission to grow bus usage – so we’ll get behind initiatives that move people out of cars and onto the bus. We’re one of the UK’s largest bus operators, transporting more than a million customers a day. We serve over 20% of the population of Great Britain with our local bus services, and over half of the UK’s top 15 most populated urban areas.Transforming our business for the better, we’re putting our people and customers at the heart of everything we do. That’s why we’re the UK’s largest national bus operator to achieve real Living Wage employer status, cementing our position as an employer of choice in the sector.We’re all about making journeys easier for our customers, which is why we were the first national bus operator to roll out Tap On, Tap Off payment technology across our entire fleet of around 4,500 buses. Our First Bus app has also been voted ‘best in class’ amongst UK bus operators. First Bus is committed to operating a zero-emission bus fleet by 2035. We already operate over 600 zero-emission buses – that’s 14% of our overall fleet. We’re passionate about giving back to the communities we serve, which is why we’re helping local businesses to progress their own decarbonisation journeys – giving them access to our charging hubs while our buses are on the road. We also operate the Aircoach network in Ireland, Specialist Passenger Solutions, First Travel Solutions, York Pullman Bus Company and Ensignbus. First Bus is a division of FirstGroup.Find more information on our website here: https://news.firstbus.co.uk/About Hitachi ZeroCarboHitachi ZeroCarbon’s mission is to provide end-to-end solutions to decarbonise commercial vehicle fleets globally, helping them to accelerate electrification and sustainability, reduce battery risk and total cost of ownership, and generate new revenues. Deploying data analytics and digital optimisation technologies, we provide the platform to optimise battery performance and life, charge EV fleets and decarbonise sites and depots through a battery charging and management service model. Through digital optimisation, our solutions are designed to meet the unique needs of commercial vehicle fleets, offering a range of charging options that maximises fleet efficiency and minimises costs. These solutions are built on the foundation of leading the innovation programme Optimise Prime, the world’s largest commercial EV trial of more than 8,000 vehicles. Leveraging Hitachi’s global reach and industry experience, we offer battery financing solutions to help accelerate electric fleet transition, reduce capital expenditure, and maximise the residual value of assets.For more information: https://www.hitachizerocarbon.com. Copyright 2024 JCN Newswire via SeaPRwire.com.
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Valuufy appoints Dr Sachio Semmoto as Chairman of the Board, Signaling a New Era in Sustainability Assessment

Valuufy appoints Dr Sachio Semmoto as Chairman of the Board, Signaling a New Era in Sustainability Assessment

KYOTO, Japan, October 23, 2024 - (ACN Newswire via SeaPRwire.com) - Valuufy, a sustainability assessment startup, today announced the appointment of Dr Sachio Semmoto as Chairman of the Board. This strategic move comes at a critical juncture for the sustainability sector. It also emphasizes Valuufy's commitment to transform how organizations measure and create sustainable value.Dr Sachio Semmoto, appointed Chairman of the Board at Valuufy, Inc."The sustainability sector is at a critical inflection point, facing challenges such as greenwashing and lack of standardized metrics, but also unprecedented opportunities," said Dr Semmoto. "Valuufy's approach to redefining sustainability measurement through the ValuuCompass has the potential to create significant positive change. I am committed to leveraging my experience to help Valuufy become a global leader in driving meaningful, measurable sustainability practices."Dr Semmoto, brings over five decades of experience in building transformative companies. His track record includes co-founding KDDI, one of Asia's largest telecommunication providers and a Fortune Global 500 Company, founding eAccess and EMOBILE (now Y! Mobile), and serving as Executive Chairman of RENOVA, a leading renewable energy company in Japan."Dr Semmoto's joining Valuufy at this stage in his career, especially given the current challenges in the sustainability sector, is a testament to the potential of our mission," said Kyle Barnes, CEO of Valuufy. "His expertise in scaling businesses from start-up to industry leaders aligns with our ambitions to redefine sustainability assessment worldwide."Dr Semmoto's career spans both academia and industry. He holds a Ph.D. from the University of Florida and has held professorships at Keio University and visiting professorships at UC Berkeley, Carnegie Mellon, and Stanford University. He is also known for his philanthropic efforts, including founding the Frances & Sachio Semmoto Foundation, which provides educational opportunities to students from Asia-Pacific nationsThis appointment underscores Valuufy's commitment to combining expertise and innovative technology to address the pressing sustainability challenges facing businesses today.Following this announcement, Valuufy will be sharing a comprehensive analysis of leading sustainability ratings frameworks against the ValuuCompass, illustrating where they fall short in comprehensively analyzing true stakeholder impact and value creation.About ValuufyValuufy seeks to transform how the world understands and acts on sustainability. Founded in 2024, Valuufy, Inc is a registered Japanese startup in Kyoto, Japan, born of 10 years' academic value research at Doshisha University and the Value Research Center. Led by an international team with expertise in value creation, sustainability and ESG, Valuufy provides new standards that transform how companies assess, manage, and leverage their sustainability efforts. For more on Valuufy and its impact on shaping the future of sustainability strategies, visit www.valuufy.com.Contact:Kyle Barnes090-9742-0860news@valuufy.com Copyright 2024 JCN Newswire via SeaPRwire.com.
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Fujitsu to offer AI agents that can both collaborate and engage in high-level tasks autonomously

Fujitsu to offer AI agents that can both collaborate and engage in high-level tasks autonomously

TOKYO, Oct 23, 2024 - (JCN Newswire via SeaPRwire.com) - Fujitsu today announced the global launch of its Fujitsu Kozuchi AI Agent, an AI service that can engage in high-level tasks both autonomously and in collaboration with humans. This service will be offered through Fujitsu Data Intelligence PaaS, Fujitsu’s all-in-one operation platform that is part of the Fujitsu Uvance business model which works to provide cross-industry solutions to societal issues. As of today, Fujitsu will offer the first AI agent, for use in business profitability discussions and business negotiations to share appropriate information and propose measures. Fujitsu plans to eventually expand its AI agent lineup to include services in production management and legal affairs, and other areas, and will implement a broader roll-out of the service during fiscal 2024. In addition, Fujitsu will incorporate Fujitsu Kozuchi AI Agent into its digital offerings, including Fujitsu Uvance’s Work Life Shift.Building generative AI models for business applications requires a significant investment of time and money as well as a high level of expertise and there is no guarantee that a single AI model can deliver the desired results.To solve this issue, Fujitsu has developed the Fujitsu Kozuchi AI Agent. This AI can think autonomously and function as a full team member, making proactive suggestions that can lead to new insights and inspire creativity.The Fujitsu Kozuchi AI Agent uses Fujitsu’s proprietary processing logic to break down abstract issues from conversations and generate discrete tasks. The agent creates a plan to complete the tasks and selects multiple optimal AIs to implement. Models available include those developed by Fujitsu, such as Takane, a large-scale language model for enterprises with the world’s best Japanese language capability and significant customization options, Fujitsu Kozuchi AutoML, which generates advanced machine learning models in a short amount of time, as well as various models from other companies. The Fujitsu Kozuchi AI Agent provides instructions to each of the AI models and provides a solution based on the feedback.For example, the AI agent for use in business meetings will autonomously participate in necessary meetings. To give an example situation, if one of the meeting participants were to state that sales revenue in the Asia Region was half of what it had been the previous year, the AI agent would select several AI and direct them to perform an analysis based on this statement. Then, as a result, the AI agent would autonomously present a clear answer, for example stating that “I will show the amount of sales revenue from April through September in the previous and current fiscal years as a bar graph. As shown in the graph, sales revenue in other regions is the same or slightly up from the previous fiscal year, and only sales revenue in the Asia Region is down. It has decreased by 54% compared to the previous fiscal year.” In this manner, Fujitsu Kozuchi AI Agent will support the smooth progression of meetings and will contribute to increased productivity.Fujitsu will promote the use of AI agents in a wide range of business operations to further improve the efficiency of customers' businesses, and work to achieve a world in which customers can easily benefit from business transformation via generative AI.About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.Press ContactsFujitsu LimitedPublic and Investor Relations DivisionInquiries Copyright 2024 JCN Newswire via SeaPRwire.com.
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Fujitsu launches AI computing broker middleware to address global GPU shortages and enhance AI processing efficiency

Fujitsu launches AI computing broker middleware to address global GPU shortages and enhance AI processing efficiency

TOKYO, Oct 22, 2024 - (JCN Newswire via SeaPRwire.com) - Fujitsu today announced the launch of an AI computing broker middleware technology designed to enhance GPU computational efficiency in AI processing and address the global GPU shortage. The new technology integrates Fujitsu's proprietary adaptive GPU allocator technology, which dynamically allocates GPUs for real-time high-efficiency processing, with various AI processing optimization techniques.Following successful pilot trials, TRADOM Inc. (1) will begin utilizing solutions based on the AI computing broker technology in October 2024. Additionally, SAKURA internet Inc. (2) has commenced a feasibility study on the AI computing broker technology for its data center operations.Starting in May 2024, Fujitsu has also been conducting trials of this newly developed technology with AWL, Inc., (3)Xtreme-D Inc., (4) and Morgenrot Inc., (5) and has demonstrated significant improvements in these companies’ operations. The trials confirmed up to a 2.25x increase in computational efficiency for various AI processes and a substantial increase in the number of concurrently handled AI processes across diverse cloud environments and servers.The newly developed technology will be available to customers in Japan starting October 22, 2024 and to users globally.Fujitsu will continue to provide its AI computing broker technology to end users including AI service providers seeking to reduce GPU costs by enhancing computational efficiency, and to cloud service providers aiming to maximize GPU utilization. By addressing the challenges of GPU shortages and power consumption driven by the increasing global demand for AI, Fujitsu aims to contribute to enhanced business productivity and creativity for its customers.Addressing growing energy consumption of AI with adaptive GPU allocationDriven by the rapidly increasing global demand for AI technology (including generative AI), the need for GPUs, which are better suited to AI processing than CPUs, has been increasing dramatically. The global market for generative AI is projected to grow approximately 20-fold from 2023 to 2030 (6), and correspondingly, GPU demand is expected to increase at a similar rate. However, the rising power consumption in data centers to meet this GPU demand presents a significant challenge. It is estimated that data centers will consume 10% of the world's electricity by 2030 (7).To address this global societal challenge, Fujitsu developed an adaptive GPU allocator technology in November 2023. The technology optimizes the use of CPUs and GPUs by allocating resources in real time to give priority to processes with high execution efficiency, even if the GPU is running a program. Fujitsu has been conducting verification trials of this allocater technology across various platforms.About the newly developed AI computing brokerThe newly developed AI computing broker middleware integrates adaptive GPU allocator technology with AI processing optimization technologies, automatically identifying and optimizing GPU resource allocation for AI processing in multiple programs.Unlike conventional allocation on a per-job basis, Fujitsu’s AI computing broker dynamically allocates GPU resources on a per-GPU basis, leveraging Fujitsu's computational optimization expertise to improve availability rates. The GPU memory management capabilities of the technology allow users to run numerous AI processes without worrying about GPU memory usage or physical capacity.In pre-release trials, Fujitsu’s AI computing broker demonstrated up to a 2.25x improvement in GPU processing performance in terms of time per unit compared to deployments not using the technology. Furthermore, the technology’s memory management enables the simultaneous handling of up to 150GB of AI processing—approximately five times the physical GPU memory capacity.Figure: Technical overview and verification results of the AI computing brokerFuture PlansMoving forward, Fujitsu will expand the scope of its AI computing broker technology application, including implementation across multiple GPUs installed on multiple servers, anticipating use in even larger computing environments. Fujitsu will continue to develop advanced computing technologies to address challenges including GPU and power shortages, contributing to the realization of AI that enhances productivity and creativity as a trusted assistant.Junichi Kayamoto, Chief Data Science Officer, TRADOM Inc. comments:“Our company delivers cutting-edge AI-powered solutions for managing foreign exchange risk. The trial of Fujitsu's AI computing broker technology proved its ability to significantly streamline GPU resource allocation for AI model generation, enabling the development of substantially more accurate models in significantly less time through AI learning process multiplexing. We are committed to leveraging this technology, in continued collaboration with Fujitsu, to proactively expand our solution offerings, driving both TRADOM‘s growth and the advancement of the FinTech industry.”Ken Wakishita, Senior Director, SAKURA internet Inc./ SAKURA Internet Research Center comments:“Our trial of Fujitsu’s AI computing broker has proven the technology’s ability to significantly enhance the efficiency of GPU resource allocation within our cloud business, expanding GPU access to a broader customer base. We hope to collaborate with Fujitsu to fully integrate this technology and meet the increasing demand for GPUs.”Hiroshi Fujimura, R&D General Manager - AWL, Inc., comments:“We are committed to developing and delivering cutting-edge AI camera solutions that solve various problems and maximize the value of all real-world spaces, particularly retail environments. Meeting the high demands of our clients, optimizing GPU operating costs during parallel AI model training is paramount. Our trial proved Fujitsu’s AI computing broker's ability to significantly enhance GPU utilization and AI processing efficiency. We are excited to see further advancements in this important technology.”Naoki Shibata, Representative Director, CEO and CTO, Xtreme-D Inc., comments:We congratulate Fujitsu on the launch of the AI computing broker. Xtreme-D provides Raplase, a cloud-based service for AI and HPC clients. A critical challenge for our customers is optimizing price/performance through efficient utilization of costly on-premise and bare-metal cloud GPUs. We are confident that Fujitsu's AI computing broker will significantly address this challenge, and we are actively collaborating with Fujitsu to integrate this solution into our customer offerings.“Masamichi Nakamura, COO, and Hisashi Ito, CTO, Morgenrot Inc., comments:“Our company is revolutionizing the cloud computing landscape with its innovative, decentralized approach leveraging container data centers. We're building a cutting-edge sharing economy model for computing power, perfectly poised to meet the increasing demand for advanced computational resources, including GPUs. Our recent trial, with a view to collaborating between our HPC management solution (M:Arthur) and cloud service (Cloud Bouquet) and Fujitsu’s AI computing broker technology, yielded impressive results. By enabling GPU sharing between multiple jobs, we achieved a remarkable near 10% reduction in overall execution time compared to running jobs sequentially on two GPUs. This parallel processing capability unlocks significant advantages, allowing simultaneous execution of long training sessions for model building and shorter inference/testing tasks, all within constrained resources. We are excited to explore further usage of Fujitsu’s AI computing broker to integrate this transformative technology into our product suite.”[1] TRADOM Inc. :Headquarters: Otemachi, Chiyoda-ku, Tokyo, Japan; President and co-CEO & CTO: Shinichiro Urashima and co-CEO & CSMO Shin Sakanehttps://www.tradom.jp/company-en[2] SAKURA internet Inc. :Headquarters: Kita-ku, Osaka-shi, Osaka, Japan; Founder & CEO, President: Kunihiro Tanakahttps://www.sakura.ad.jp/corporate/en/[3] AWL, Inc. :Headquarters: Chiyoda-ku, Tokyo, Japan; President and CEO: Muneharu Kitadehttps://awl.co.jp/en/[4] Xtreme-D Inc. :Headquarters: Shinagawa-ku, Tokyo, Japan; Founder and CEO: Naoki Shibatahttps://xtreme-d.net/ (in Japanese)[5] Morgenrot Inc. :Headquarters: Chiyoda-ku, Tokyo, Japan; Representative Director, CEO: Ryuei Morimotohttps://morgenrot.net/[6] The global market for generative AI is projected to grow approximately 20-fold from 2023 to 2030 :Source: Japan Electronics and Information Technology Industries Association "JEITA Announces Global Demand Forecast for Generated AI" (December 21, 2023) (in Japanese)[7] It is estimated that data centers will consume 10% of the world's electricity generation by 2030 :Exhibit February 2020 Japan Science and Technology Agency "Impact of Information Society on Energy Consumption (Vol.2)" (in Japanese)About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.Press ContactsFujitsu LimitedPublic and Investor Relations DivisionInquiries Copyright 2024 JCN Newswire via SeaPRwire.com.
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TOYOTA GAZOO Racing closes the gap before the final round

TOYOTA GAZOO Racing closes the gap before the final round

TOKYO, Oct 21, 2024 - (JCN Newswire via SeaPRwire.com) - TOYOTA GAZOO Racing World Rally Team further closed the gap in the FIA World Rally Championship with a strong final day performance even as it missed out on overall victory.Car 33 (Elfyn Evans, Scott Martin)Takamoto Katsuta was the star of the final day as he completed an excellent return to action, claiming the maximum 12 points on offer by topping both the Super Sunday classification and the rally-ending Power Stage.Following a short break in his season as he sat out the previous round in Chile, Katsuta showed good confidence and pace from the start of the all-asphalt CER, while also driving smartly when the often-slippery conditions required a more cautious approach. Pushing harder on Sunday, he was quickest on the first pass through the Passauer Land test and again when he returned for the Power Stage.Finishing fourth overall, Katsuta and co-driver Aaron Johnston were quickest across Sunday by 3.8 seconds ahead of team-mates Elfyn Evans and Scott Martin, who scored a second successive podium in second place and were third in the Power Stage.Together, the efforts of Evans and Katsuta meant TGR-WRT scored two points more than its main rival Hyundai this weekend, closing the gap to 15 points ahead of next month’s final round at Rally Japan – where a maximum score across the event would be enough to claim another title.Evans had been part of a close battle for the victory which was led by TGR’s Sébastien Ogier coming into the final day. While a wide moment meant he conceded the lead to Ott Tänak (Hyundai) in the first stage of the day, Ogier responded to reduce the gap to 1.5s with two stages to go. Continuing to push hard, he then unfortunately slid wide on a muddy corner in SS17 and hit a tree, forcing him and navigator Vincent Landais out on the spot.Sami Pajari and co-driver Enni Mälkönen suffered a similar fate in the first stage of the morning, bringing a slightly early end to another impressive outing in a GR YARIS Rally1 HYBRID – his first on asphalt and third in total. Pajari was on for another top-six finish overall as he continued his learning process at the highest level, gaining more valuable experience.As planned, Pajari will return to driving the GR Yaris Rally2 car at Rally Japan where he has a chance to claim the WRC2 championship title if he can finish in the top two in the category.The GR Yaris Rally2 car took second place on the WRC2 podium at CER in the hands of Czech driver Filip Mareš and the Toyota Dolak team.Quotes:Jari-Matti Latvala (Team Principal)“I’m happy with the really strong results of Elfyn and Takamoto on this rally and especially today, they have really helped the team to keep the championship alive. Seb was naturally very disappointed after his accident which was very unfortunate because he was again very fast here. After that, it was looking like we might lose some points, but in the end thanks to Taka and Elfyn we gained two on our competition, so we are still in the game for Rally Japan: it’s in our hands if we aim for a one-two overall and full points on Sunday. We’re really happy for Taka especially: with time to reset he came back and did exactly what we needed him to do. He was careful when he needed to be, increased the confidence and then his performance on Sunday was coming naturally. With Sami, his performance was growing all the time on asphalt. It was just a small mistake this morning and he paid a big penalty but that’s part of the learning process and the next goal for him is to fight for the WRC2 title in Japan.”Elfyn Evans (Driver car 33)“It’s not been a bad weekend for us. Together with Scott we come away as the crew that scored the most points and we have to be somewhat satisfied about that and it’s good for the team. Maybe we were not always setting the stage times alight, but we had some strong moments and it was quite a consistent weekend. We were missing a little bit here and there but we’re here at the end in second place and we can be reasonably happy with that. In terms of manufacturers’ points we took a little hit today unfortunately but it wasn’t bad on that side so at least we’re still in the game and it’s all open for Rally Japan.”Sébastien Ogier (Driver car 17)“I feel really very sorry for the team for what happened today. In this penultimate stage the first corner going under the trees was much muddier than I anticipated and I just understeered wide and hit the tree on the outside. The route note crews did not have the chance to pass through this stage before us so I didn’t have the information in my notes, but this is no excuse because I’m behind the wheel and the other drivers didn’t make the same mistake. Right now I feel very disappointed, especially for the team because it could have been a strong weekend for us. It's been three rallies in a row where we clearly have the speed but not the result at the end. Thanks to Elfyn and Taka we still have a chance in the championship at Rally Japan and we will try our best again there.”Takamoto Katsuta (Driver car 18)“I want to say a huge thanks to the team for the incredible support they gave me through some difficult moments in the last two months. It’s been a very tough season for myself so I felt a lot of pressure to do a good job here, but we are able to do it with full points on Super Sunday and the Power Stage as well as fourth overall. I was really enjoying the driving and the feeling in the car, and I’m really happy to finish the rally with this result. Of course we have still one rally to go at Rally Japan and I will try to do my best there together with the team. We never give up and we keep pushing.”Sami Pajari (Driver car 5)“In the first stage today I went a bit wide on one corner and we were maybe a bit unlucky to roll so easily, but it was my mistake. It’s a pity and I’m sorry for the team. I just need to learn from this, understand what happened and be better in the future. Up to then, the rally had been really nice for us, every day was really clean, and there was clear development through the weekend. I got quite a nice feeling with the car and did some decent stage times, and most importantly we learned a lot. These three rallies in the Rally1 car have been really amazing, a dream come true for me and I’ve enjoyed it a lot. Now I look forward to doing my best at Rally Japan in WRC2.”PROVISIONAL FINAL CLASSIFICATION, CENTRAL EUROPEAN RALLY1 Ott Tänak/Martin Järveoja (Hyundai i20 N Rally1 HYBRID) 2h37m34.6s2 Elfyn Evans/Scott Martin (Toyota GR YARIS Rally1 HYBRID) +7.0s3 Thierry Neuville/Martijn Wydaeghe (Hyundai i20 N Rally1 HYBRID) +39.8s4 Takamoto Katsuta/Aaron Johnston (Toyota GR YARIS Rally1 HYBRID) +1m21.0s5 Grégoire Munster/Louis Louka (Ford Puma Rally1 HYBRID) +3m41.9s6 Nikolay Gryazin/Konstantin Aleksandrov (Citroën C3 Rally2) +9m17.6s7 Oliver Solberg/Elliott Edmondson (Škoda Fabia RS Rally2) +9m34.1s8 Filip Mareš/Radovan Bucha (Toyota GR Yaris Rally2) +11m41.5s9 Miko Marczyk/Szymon Gospodarczyk (Škoda Fabia RS Rally2) +12m10.6s10 Kajetan Kajetanowicz/Maciej Szczepaniak (Škoda Fabia RS Rally2) +12m20.3sRetired Sébastien Ogier/Vincent Landais (Toyota GR YARIS Rally1 HYBRID)Retired Sami Pajari/Enni Mälkönen (Toyota GR YARIS Rally1 HYBRID)(Results as of 17:00 on Sunday, for the latest results please visit www.wrc.com)2024 FIA World Rally Championship for drivers after round 12:1 Thierry Neuville 225 points2 Ott Tänak 2003 Elfyn Evans 1854 Sébastien Ogier 1665 Adrien Fourmaux 1466 Kalle Rovanperä 1147 Takamoto Katsuta 1028 Dani Sordo 449 Sami Pajari 4110 Gregoire Munster 372024 FIA World Rally Championship for manufacturers after round12:1 Hyundai Shell Mobis World Rally Team 526 points2 TOYOTA GAZOO Racing World Rally Team 5113 M-Sport Ford World Rally Team 267What's next?The season will conclude on home roads for TGR at Rally Japan on November 21-24. The event, which returned to the WRC calendar in 2022, is held on demanding asphalt roads in the mountains of the Aichi and Gifu prefectures, around the service park in Toyota City near Nagoya. Copyright 2024 JCN Newswire via SeaPRwire.com.
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JCB and GHL Expand Payment Options across Malaysia, Thailand and the Philippines

JCB and GHL Expand Payment Options across Malaysia, Thailand and the Philippines

Key Highlights:GHL and JCB announce its strategic partnership, enabling the acceptance of JCB Cards on GHL’s merchant terminals in Malaysia, Thailand and the Philippines.This partnership ensures that GHL will continue to remain an omni-channel provider of payment acceptance services across its footprint, enabling its merchants to accept all payment types including JCB cards, bolstering the accessibility and flexibility.The rollout is set to begin in Malaysia in the third quarter of 2024, followed by Thailand and the Philippines.TOKYO & KUALA LUMPUR, Oct 21, 2024 - (JCN Newswire via SeaPRwire.com) - GHL Systems Berhad (GHL) and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan’s leading international payment brand (JCB) have officially announced its strategic partnership, enabling the acceptance of JCB Cards for GHL’s merchants in Malaysia, Thailand and the Philippines. This regional collaboration represents a significant step forward for both companies, aiming to empower merchants and shoppers across these regions with enhanced payment convenience.With JCB's extensive global presence and card network, this partnership adds another dimension to GHL's payment solutions. GHL merchants will seamlessly accept JCB Cards, offering a smooth payment experience for JCB cardmembers.With GHL's merchant network stretching over a vast footprint of over 480,000 payment touchpoints, spanning various sectors across Malaysia, Thailand, and the Philippines, this partnership holds the potential to significantly increase JCB Card usage and accessibility. Through this partnership, the entire region can benefit from greater flexibility and the fostering of stronger business relationships between merchants and customers alike.The tourism industry is projected to return to pre-pandemic levels by the end of 2024, with international tourism levels expected to surpass pre-pandemic figures. This resurgence is primarily driven by a stronger recovery in Asia, according to a report by the UN World Tourism Organization.Sean Hesh, Executive Director & Group Chief Executive Officer at GHL said, "This partnership not only reinforces our dedication to innovation and delivering seamless payment solutions but also highlights our commitment to simplifying payments regionally. With GHL poised to expand payment options at the merchant’s point of sale, businesses are empowered to better accommodate the anticipated surge in inbound tourist spending in 2024 and beyond."Hiroko Michishita, Managing Director, JCB International Asia Pacific said, “This is a milestone for JCB’s business expansion in the region since GHL has a strong presence as well as ambition to grow further in acquiring business. Leveraging this partnership, we will be able to better serve our cardmembers from across the globe with enhanced card acceptance points. In addition, our confidence in this partnership is strengthened as GHL utilizes the JCB Payment Gateway* powered by Soft Space.”The rollout is set to begin in Malaysia in the third quarter of 2024, followed by Thailand and the Philippines.About GHL Systems BerhadAs ASEAN’s leading payment solutions provider, GHL’s reach spans across 6 countries; Malaysia, Philippines, Thailand, Indonesia, Singapore and Australia – stretching over a vast footprint of over 480,000 payment touchpoints across the region. At the forefront of the region’s cutting edge fintech, GHL empowers the payment revolution that is shaping today’s spending trend, offering extensive payment options, both offline and online to fulfil merchants’ and consumers’ needs.GHL is the leading payment acquirer in ASEAN for over 100 global and regional payment schemes and channels, processing over RM2 billion payment transactions per month. Apart from being Malaysia’s largest prepaid credit top up and bill collection network, GHL aspires to catalyse sustainable livelihood of the Micro Small Medium Entrepreneurs (MSMEs) through financial and non-financial value-added services. In 2024, GHL Systems Berhad was acquired by and became a wholly owned subsidiary of NTTData Japan, one of the top ten global IT services providers. (www.ghl.com)About JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 49 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 158 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/About JCB Payment GatewayThis is a regional payment gateway service which enables businesses to accept payments from JCB cardmembers, both in-store and online. Powered by Soft Space, a leading fintech-as-a-service (FaaS) provider backed by JCB investment, it offers acquirers and payment facilitators a straightforward Application Programming Interface (API) specification and provides their merchants access to 158 million JCB cardmembers.For more information, kindly contact:GHL Group Corporate CommunicationEmail: marcomm@ghl.com Tel: +603 6286 3388JCB Corporate CommunicationEmail: jcb-pr@info.jcb.co.jp Tel: +81-3-5778-8353 Copyright 2024 JCN Newswire via SeaPRwire.com.
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Mitsubishi Corporation (MC) to invest in Ayala joint venture with stake in Mynt

Mitsubishi Corporation (MC) to invest in Ayala joint venture with stake in Mynt

TOKYO, Oct 18, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Corporation (MC) is pleased to announce that MC, Ayala Corporation (AC), and AC Ventures Holding Corp (ACV) have reached an agreement on MC’s investment in ACV subject to the execution of definitive transaction documents and the satisfaction of customary closing conditions. AC is a major conglomerate in the Philippines and ACV currently holds an about 13% stake in Globe Fintech Innovations, Inc. (Mynt), the parent company of GCash, the Philippines’ number one finance super app and largest digital cashless ecosystem in the country. Under the terms of the agreement, MC shall acquire a 50% stake in ACV and pursue future investment opportunities.In addition, MC and AC are going to sign a memorandum of understanding (MoU) on a comprehensive collaboration in the Philippines. The MoU covers additional business developments aimed at stimulating the country's economic growth.MC aims to create a prosperous society and a “Smart-Life” ecosystem in the form of improved lifestyle for consumers by launching multiple attractive businesses that address social issues and consumer needs in each region and country, and organically connecting them. These ecosystem addresses both challenges faced by social issues and consumer needs, and sustainable growth of our business portfolio.Among the various consumer services, digital financial services are positioned as a critical initiative to capture the growth of consumer demand in ASEAN and to realize a society where everyone can easily access financial services (i.e. financial inclusion). It is also seen as an infrastructure business that organically connects multiple consumer services.The Philippines is expected to have the highest population and GDP growth among ASEAN countries. Although relatively few people in the Philippines have bank accounts, most have mobile phones and access to the Internet, which makes the Philippines an attractive market with significant room for growth in digital financial services. Approximately 80% of the country's citizens have ever tried using the "GCash" mobile wallet, which is Mynt's core business. With a vision to accelerate financial inclusion in the Philippines, the product has by far the largest mobile-wallet customer base in the Philippines and has grown into an indispensable service infrastructure, relied on by millions for daily payments, transfers and other financial transactions. In addition to its digital payments and transfers, Mynt, through its other subsidiaries, also provides access to loan services using non-traditional ways to assign customer credit scores to enable access to fair lending. It has also expanded its financial services offerings to provide users access to savings, insurance, and investment products. Furthermore, it has built the largest network of online and offline merchants including social sellers with over 6 million partners while hosting over 1,000 merchant partners in its app, via GLife.AC is among the Philippines' largest business conglomerates. MC first partnered with it in 1974 and has since built up an impressive, nationwide track record of collaborative businesses in various industries. This year marks the 50th anniversary of the partnership, and to further enhance the relationship, the two companies have signed an MoU for comprehensive collaboration. Both MC and AC are committed to boosting Mynt's corporate value and leveraging other joint initiatives to create new businesses in the Philippines and contribute to its economic development. Those efforts will include continuous business development and cross-sales in C2B area* like retail and healthcare, and multifaceted collaborations in mobility, renewable energy, carbon management and elsewhere.*In MC, we develop our growth strategies starting from consumer needs under the belief that it is the consumers who hold the power of choice in today's society with full of goods and services. To emphasize the importance of addressing consumer needs through a 'market-in' perspective, we deliberately define and refer to our so-called 'B2C' business as 'C2B' business.With the Mitsubishi UFJ Financial Group (MUFG) having also announced its investment in Mynt this past August, MC and AC shall work with MUFG as fellow shareholders to aid the company's future growth and development.VisionAbout Mitsubishi CorporationEstablished: April 1, 1950 (Foundation July 1, 1954)Representative: Katsuya Nakanishi, Representative Director, President and CEONumber of employees: Non-consolidated 5,421, consolidated 80,037 (as of the end of March 2024)Business description: The company develops diversified businesses in a wide range of industries through its eight groups: Environmental Energy, Materials Solution, Mineral Resources, Urban Development & Infrastructure, Mobility, Food Industry, S.L.C. (Smart-Life Creation), and Power Solution.Website: www.mitsubishicorp.com/jp/en/About MyntHeadquarters: Taguig City, PhilippinesRepresentative: Martha Sazon, President and CEO Year of Establishment: 2015 Main Business Activities: Mynt is the first and only $5 billion unicorn in the Philippines. It is a leader in mobile financial services focused on accelerating financial inclusion through mobile money, financial services, and technology. Mynt operates two fintech companies: GXI, the mobile wallet operator of GCash — the #1 finance super app and largest digital cashless ecosystem in the Philippines, and Fuse Lending, a tech-based lending company that gives Filipinos access to microloans and business loans.About Ayala CorporationHeadquarters: Makati City, PhilippinesRepresentative: Cezar P. Consing, President and CEOYear of Establishment: 1834Main Business Activities: For 190 years, Ayala Corporation has been building businesses that enable people to thrive. As one of the largest and most enduring conglomerates in the Philippines, Ayala has established meaningful presence in real estate, banking, telecommunications, and renewable energy. It likewise has a growing presence in healthcare, logistics, mobility, fintech as well as investments in industrial technologies, education, and technology ventures. Ayala manages its corporate social responsibility initiatives through Ayala Foundation.MaterialityBased on the Three Corporate Principles, which serve as MC’s core philosophy, MC has continued to grow together with society by contributing to the sustainable development of society through its business activities while pursuing value creation. MC’s revised “Materiality” was announced in Midterm Corporate Strategy 2024 as a set of crucial societal issues that MC will prioritize through its business activities, towards the strategy’s goal of continuous creation of MC Shared Value (MCSV). Guided by this Materiality, MC will continue to strengthen its efforts towards sustainable corporate growth. Out of the six material issues relating to “Realizing a Carbon Neutral Society and Striving to Enrich Society Both Materially and Spiritually”, this project’s activities particularly support “Contributing to Decarbonized Societies”,“Promoting Stable, Sustainable Societies and Lifestyles”,"Utilizing Innovation to Address Societal Needs","Addressing Regional Issues and Growing Together with Local Communities".Inquiry Recipient:Mitsubishi CorporationTelephone:+81-3-3210-2171 Copyright 2024 JCN Newswire via SeaPRwire.com.
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MHI Receives Order to Supply MOX Fuel Assemblies for Unit 3 of Genkai Nuclear Power Station, Kyushu Electric Power Co. Inc.

MHI Receives Order to Supply MOX Fuel Assemblies for Unit 3 of Genkai Nuclear Power Station, Kyushu Electric Power Co. Inc.

TOKYO, Oct 18, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Kyushu Electric Power Co. Inc. (Kyushu) to supply MOX(1) fuel assemblies for Unit 3 of the Genkai Nuclear Power Station. Under this contract, MHI will perform design of MOX fuel, and have components such as cladding tubes manufactured by Mitsubishi Nuclear Fuel Co., Ltd. (MHI Group) provided to Orano, who plans to fabricate 40 MOX fuel assemblies at its MELOX plant in France.MOX Fuel AssemblyMHI has previously supplied 57 MOX fuel assemblies to Japanese utilities, and will supply high-quality MOX fuel by leveraging its past experience and technical capability. MOX fuel will enable Kyushu to utilize plutonium extracted by reprocessing spent fuel, and MHI will contribute to steady promotion of Kyushu's "Plu-Thermal" plan(2) through the supply of MOX fuel.(1) MOX (Mixed Oxide Fuel) is nuclear fuel made of plutonium extracted by reprocessing of spent fuel, and uranium.(2) The "Plu-Thermal" plan is to utilize MOX fuel in light water reactors.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2024 JCN Newswire via SeaPRwire.com.
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Hitachi Receives Order for 56 Elevators and Escalators for CRC The Flagship in Noida, India

Hitachi Receives Order for 56 Elevators and Escalators for CRC The Flagship in Noida, India

TOKYO, Oct 18, 2024 - (JCN Newswire via SeaPRwire.com) - Hitachi, Ltd. (TSE: 6501; hereafter Hitachi), today announced that Hitachi Building Systems Co., Ltd. (hereafter Hitachi Building Systems) and Hitachi Lift India Pvt. Ltd. (hereafter Hitachi Lift India), a subsidiary of Hitachi, Ltd. which operates sales, installation, and maintenance of elevators and escalators in India, successfully secured an order for 56 units of elevators and escalators from CRC Group for CRC The Flagship in Noida, Uttar Pradesh, India. Theproject is one of the most prestigious commercial projects in Noida.The order consists of 44 elevators including high-speed elevators with a rated speed of 180 or 150 m/min, 12 escalators and a destination floor reservation system that efficiently allocates elevator cars. The elevators have anearthquake emergency operation system that detects an earthquake and stops the elevator quickly on the closest floorso that passengers can get out without being stuck in it. These features provide users with safety, security, and comfort.Masaya Sakakibara, Managing Director, Hitachi Lift India said “We are honored to be involved in this prestigious project for the Noida district. Our aim is to contribute to the safe, secure and comfortable transportation for all usersand development of the city by offering our high-quality products and services. We will continue to commit to the improvement of India’s society and the well-being of its people.”Bharat Kaushal, Corporate Officer, Hitachi, Ltd. and Managing Director, Hitachi India said “Hitachi India Pvt. Ltd. (hereafter Hitachi India)’s burgeoning partnership with India for over nine decades is growing at an unprecedented pace. As India accelerates its voyage to become one of the leading economies in the world by not only empowering its citizens, but also by building a world class infrastructure to enhance quality of life for billions. Hitachi Lift India is an integral partner of India’s transformational journey and CRC Group has been instrumental in further strengthening the resilient infrastructural landscape of the nation. We are overwhelmed to collaborate with CRC Group that marks a significant milestone in our commitment to further enhancing the urban infrastructure in India. This collaboration not only represents a strategic alignment between two leading organizations but also underscores our shared vision of innovation and excellence in ensuring India takes a giant leap forward for setting unparalleled architectural benchmarks, building a sustainable society. With our exemplary yet varied bouquet of solutions including urban mobility, energy, IT, payments, e- Education and e-Healthcare, Hitachi India is chartering an ambitious and progressive vision for building an ecosystem that further supports the mission of offering best in class technology for India and for the World.”By undertaking this project, Hitachi Lift India aims to enhance its presence in the premium market and commit to the further business growth in India.Outline of CRC The FlagshipCRC The Flagship is a 223,000 square-meter business hub mainly consisting of 4 towers and a retail building. It offers office spaces, retail shops, and premium services apartments with various facilities such as a co-working space, an auditorium, and even a putting golf course.The project also has the greenery with more than 20% of its whole area, achieving climate- friendly infrastructure with pre-certified platinum rating by Indian Green Building Council.Closely located to the Noida–Greater Noida Expressway, it takes approximately 35 minutes from Noida InternationalAirport, being constructed at present and to be the one of the biggest international airports in India as an alternative to Indira Gandhi International Airport.Outline of CRC GroupCRC Group is a highly respected developer in the NCR region of India known for its premium projects. The Group is dedicated to enhancing the standards in the real estate industry by introducing the finest buildings, which have beenand will continue to be full of perfection and excellence.Hitachi's Elevators and Escalators Business in IndiaIndia's new installation market for elevators and escalators exceeds 67,000 units in fiscal year 2023, making it the world's second-largest market that is expected to grow 6-7% per year.Hitachi established Hitachi Lift India in January 2008 and began full-scale operations in the elevator and escalatormarket. Since then, it has secured many orders and has been engaged in installing and maintaining its products,including high-speed elevators for luxury residences, hotels, and offices. Hitachi Lift India currently operates in all majorcities in India, such as Delhi NCR, Mumbai, Bengaluru, Chennai, Pune, Hyderabad, and Ahmedabad.For more information, visit www.hitachi.com/New/cnews/month/2024/10/241017.pdf. Website of Hitachi Lift India: www.hitachi-lift.co.in/Website of Hitachi Elevators and Escalators: www.hitachi.com/businesses/elevator/Hitachi Building Systems Brand Channel: www.youtube.com/channel/UCfOgxcLRk3NHm2WrqHeQ6MAAbout Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the 3 business sectors of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railwaysystems, and “Connective Industries” – connecting products through digital technology to provide solutions in variousindustries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. The company’s revenues as 3 sectors for fiscal year 2023 (ended March 31, 2024) totaled 8,564.3 billion yen, with 573 consolidated subsidiaries and approximately 270,000 employees worldwide. For more information on Hitachi, please visit the company's website at www.hitachi.com. Copyright 2024 JCN Newswire via SeaPRwire.com.
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MHI Thermal Systems Receives Order for Large-scale Centrifugal Chillers from Empower for its District Cooling Plants in Dubai, UAE

MHI Thermal Systems Receives Order for Large-scale Centrifugal Chillers from Empower for its District Cooling Plants in Dubai, UAE

TOKYO, Oct 18, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries Thermal Systems, Ltd. (MHI Thermal Systems), a part of Mitsubishi Heavy Industries (MHI) Group, has signed a new agreement with Emirates Central Cooling Systems Corporation PJSC (Empower), the world's largest district cooling services provider(Note1), to supply large-scale centrifugal chillers to Empower's District Cooling plants in Dubai, UAE.CEO H.E. Ahmad Bin Shafar and President Ito at the Signing CeremonyUnder the agreement, MHI Thermal Systems will supply 18 advanced chillers that will be ready for delivery from the beginning of 2025 for an aggregate cooling capacity of 56,250 refrigeration tons (RT) (Note2). They will be used in three District Cooling System (DCS) plants that Empower operates and will supply chilled water for cooling to residential, commercial, healthcare, educational, and multi-use projects. The agreement also includes a provision allowing Empower to increase the order up to 31 December 2024, potentially increasing the total capacity to 100,000 RT.MHI Thermal Systems has previously received an order for large-scale centrifugal chillers from Empower in 2021. The latest contract was received in recognition of the excellent chilling efficiency and environmental performance of MHI Thermal Systems chillers, as well as the operational performance and after-sales service from the previous order. Delivery is scheduled to begin sequentially from 2025, bringing the total number of chillers delivered to Empower to at least 46 units. The use of DCS is part of the Dubai government's long-term strategies, aiming to achieve savings of at least 30% by 2030 and 50% by 2050 in electricity, water and transport fuel consumption.MHI Thermal Systems and Empower held a contract signing ceremony in Dubai on October 8, attended by Empower CEO H.E. Ahmad Bin Shafar, and MHI Thermal Systems President Yoshihiro Ito.President Ito said: "We are proud that Empower has highly evaluated the performance and the quality of the after-sales service of the units previously delivered, and has once more chosen MHI Thermal Systems' chillers for these latest projects. We will continue improving energy efficiency while continuously enhancing operational and production effectiveness. We will continue implementing our advanced solutions to Empower's DCS plants so that our partnership will also contribute to the Dubai and the UAE's carbon emissions reduction strategy."Ahmad Bin Shafar emphasized that this deal offers both parties a significant opportunity to advance the district cooling sector and accelerate efforts toward a carbon-free future through energy-efficient solutions. He noted that these solutions reduce environmental impact and pave the way for a more sustainable tomorrow. Bin Shafar also highlighted that the agreement supports Empower's goal of upgrading its plants with innovative technologies that promote efficient, energy-saving production processes, aligning with the company's environmental and societal objectives and its commitment to safeguarding resources for future generations.Empower is responsible for more than 80% of Dubai's district cooling capacity, supplying chilled water for cooling from 87 district cooling plants, making it the world's largest district cooling services provider.MHI Thermal Systems, as a part of MHI Group, will continue to respond to customer needs and contribute to the realization of a carbon-neutral world through the supply of energy-efficient centrifugal chillers.(1) In terms of connected capacity(2) 1 refrigeration ton = approx. 3.516 kWAbout MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2024 JCN Newswire via SeaPRwire.com.
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Fujitsu and Teikyo University begin joint research on UX platform for promotion of lifestyle improvement using XR, spatial computing, and generative AI

Fujitsu and Teikyo University begin joint research on UX platform for promotion of lifestyle improvement using XR, spatial computing, and generative AI

TOKYO, Oct 18, 2024 - (JCN Newswire via SeaPRwire.com) - Fujitsu and the Okinaga Research Institute at Teikyo University announced that, as of today, they will begin a full-scale joint research project for the development of a user experience (UX) platform. This platform will help to improve health consciousness and healthcare literacy by increasing patients’ understanding of their internal condition through the use of digital technology, such as extended reality (XR) and spatial computing (1).In this research project, Fujitsu and the Okinaga Research Institute will use XR and spatial computing to recreate a patient's internal anatomy in a virtual space, enhancing their understanding of the locations where health issues may arise. The two parties will examine how this visualization can foster health consciousness, behavioral change, and improved patient outcomes. The technology will be used in interviews with patients who have been advised to improve their lifestyle based on health check results. In addition, the two parties will also create an AI healthcare supporter avatar with generative AI technology to follow up with patients and will examine its effect on improving patient healthcare literacy.BackgroundIn recent years, lifestyle-related diseases have increased among both the elderly and younger populations. Preventing serious illness through lifestyle improvements is expected to reduce the national healthcare burden, improve corporate labor productivity, and enhance individual quality of life. Consequently, the Japanese Ministry of Health, Labour and Welfare requires health insurance societies to devise and implement data health plans. From this, effective improvements are being promoted through the plan-do-check-act (PDCA) cycle. In this cycle, data from the results of health checkups retained by health insurance societies and medical treatment bills are used to analyze the relationship between the data obtained from the medical examination and diseases to improve patient’s lifestyle.Improving lifestyles requires not only the support of healthcare providers but also a fundamental shift in individual mindset.In October 2022, Fujitsu and the Okinaga Research Institute started conducting research to eliminate the communication gap between doctors and patients by using XR, spatial computing, and generative AI in informed consent. This research led to the development such as virtual internal body models generated from patients’ biological data and technology for an AI medical supporter avatar. This research forms the basis of this latest project.Roles of Both Parties:1. Fujitsu- Conducting design research (2) with related parties and experts to identify hinderances to people’s awareness of true lifestyle improvement- Creating UX/UI scenarios for people to autonomously improve their lifestyles- Providing development support for an initial prototype, suggest improvements, and conduct a demonstration test with the prototype2. Okinaga Research Institute:- Providing medical expertise- Sharing visualization expertise in the area of medicine- Developing an initial prototype that uses organ dataFuture PlansBased on the results of this joint research project, Fujitsu and Teikyo University will contribute to improving people’s well-being and solving societal issues related to health by preventing lifestyle-related diseases through the societal implementation of health guidance that utilizes digital technology.(1) Spatial computing: A technology that seamlessly integrates physical and digital spaces, enabling people to interactively control information within that space.(2) Design research: Research with the aim of designing products and services from the user’s point of view. In this research, various information is collected and organized to identify potential customer needs and discover new issues and value.About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.Press Contacts:Fujitsu LimitedPublic and Investor Relations DivisionInquiriesTeikyo UniversityHeadquarters Public Relations SectionInquiries Copyright 2024 JCN Newswire via SeaPRwire.com.
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TANAKA to Provide Medals Representing the Event Concept with a Design of Gently Curved Circular Expansion for the Tokyo Legacy Half Marathon 2024

TANAKA to Provide Medals Representing the Event Concept with a Design of Gently Curved Circular Expansion for the Tokyo Legacy Half Marathon 2024

TOKYO, Oct 18, 2024 - (JCN Newswire via SeaPRwire.com) - TANAKA Holdings Co., Ltd. (Head office: Chuo-ku Tokyo; Group CEO: Koichiro Tanaka) will provide and donate gold, silver, and bronze medals to the top three finishers in the half marathon (elite athletes) and elite para-athletes (wheelchair and visual impairment) award categories at the Tokyo Legacy Half Marathon 2024. The Tokyo Legacy Half Marathon 2024 is organized by the Tokyo Marathon Foundation and will be held on October 20, 2024.*If the top three finishers above have a guide runner, a medal will also be provided to the guide runner.Medals Using Gently Expanding Curves to Represent the Event’s ConceptThe medals were designed based on the concept of the Tokyo Legacy Half Marathon: "We want to expand the opportunity for everyone to run, including those who have never run before, and create an event in which anyone can participate." The front of the medal features the event title, Tokyo Legacy Half Marathon 2024, written in English, and incorporates the event logo, which uses a motif of gently curved circles expanding outward. This logo represents the Earth’s continuous rotation, honoring the dedication of the runners who have trained tirelessly for 365 days leading up to the event. Additionally, the design of the Earth is reduced to about half the size of the medal to symbolize the half marathon.On the back of the medal, Tokyo Legacy Half 2024 is inscribed in braille, along with the TANAKA Precious Metals logo, and the word "FINISHER" and the event date. The ribbon is designed with the event logo, which resembles a tapestry of interwoven lines representing each runner, volunteer, and spectator.About the Tokyo Legacy Half Marathon 2024The Tokyo Legacy Half Marathon 2024 is a public participation half marathon (21.0975 km) that is half the distance of the Tokyo Marathon (42.195 km). It was born from the desire to create a half marathon that would give the extraordinary experience of running to everyone. This year, the event’s tagline is "If it’s a half marathon, I can barely make it, Maybe." aiming to offer a race where a wide variety of runners can enjoy the streets of Tokyo at their own pace.(Official website of the event: https://legacyhalf.tokyo/en/ )Since the inaugural event in 2022, TANAKA Precious Metals has been producing the medals awarded at the Tokyo Legacy Half Marathon, and this will be their third time providing them. In addition to the Tokyo Legacy Half Marathon, the company has also produced winner’s medals for the Tokyo Marathon, supported the promotion of para-sports as an official partner of the Japanese Para-Sports Association (JPSA), and manufactured and sold the official commemorative medals for the 1964 Tokyo Olympics. TANAKA Precious Metals will continue to produce medals made of precious metals and support the promotion of sports with the aim of contributing to the realization of a prosperous society.Overview of the Tokyo Legacy Half Marathon 2024 MedalsWeight, size and materialGold Medal: approx. 55g; approx. 55mm in diameter and approx. 2.3mm thick; pure silver with gold platingSilver Medal: approx. 55g; approx. 55mm in diameter and approx. 2.3mm thick; pure silverBronze Medal: approx. 45g; approx. 55mm in diameter and approx. 2.3mm thick; pure copper Race Information of the Tokyo Legacy Half Marathon 2024OrganizerTokyo Marathon FoundationCo-organizersTokyo Metropolitan Government; JAAF (Japan Association of Athletics Federations); Tokyo Sports Association for the DisabledManaging OrganizationTokyo Athletics AssociationOperation SupportJapan Para AthleticsSupporting OrganizationsJapan Industrial Track & Field AssociationOfficial PartnersSky Co., Ltd.; Otsuka Pharmaceutical Co., Ltd.; New Balance Japan, Inc.; Tokyo Tatemono Co., Ltd.; KINTETSU INTERNATIONAL; Hisamitsu Pharmaceutical Co.,Inc.; Tokyo Kiraboshi Financial Group, Inc.; TANAKA Holdings Co., Ltd.; Rokko Butter, Co., Ltd.; Photocreate Co.,Ltd.; SEIKO GROUP CORPORATIONOfficial SuppliersNIHON KOHDEN CORPORATION; Porsche Japan K.K.DateSunday, October 20, 2024 (rain or shine)Start/Finish AreaJapan National Stadium (Kasumigaoka-machi, Shinjuku, Tokyo) About TANAKA Precious MetalsSince its foundation in 1885, TANAKA Precious Metals has built a portfolio of products to support a diversified range of business uses focused on precious metals. TANAKA is a leader in Japan regarding the volume of precious metals it handles. Over many years, TANAKA has manufactured and sold precious metal products for industry and provided precious metals in such forms as jewelry and assets. As precious metals specialists, all Group companies in Japan and worldwide collaborate on manufacturing, sales, and technology development to offer a full range of products and services. With 5,355 employees, the group’s consolidated net sales for the fiscal year ending December 2023, was 611.1 billion yen.TANAKA Holdings Websitehttps://www.tanaka.co.jp/english/Press inquiriesTANAKA Holdings Co., Ltd.https://tanaka-preciousmetals.com/en/inquiries-for-mediaPress Release: https://www.acnnewswire.com/docs/files/20241017.pdf Copyright 2024 JCN Newswire via SeaPRwire.com.
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A Joint Regional Cohort Study by Shimadzu, Eisai, Oita University, and Usuki City Medical Association

A Joint Regional Cohort Study by Shimadzu, Eisai, Oita University, and Usuki City Medical Association

Shimadzu Corporation, Eisai Co., Ltd., Oita University, and Usuki City Medical Association have demonstrated the utility of blood biomarkers in predicting the accumulation of amyloid beta (Aβ)(1) in the brain, a noted cause of Alzheimer’s disease(2), in a cohort study conducted in Usuki City, Oita from November 2022. A research paper reporting the details of this study was published on October 10, 2024, in the journal Alzheimer’s & Dementia: Translational Research & Clinical Interventions.This joint research attempts to develop Japan’s first diagnostic workflow for mild cognitive impairment (MCI) due to Alzheimer’s disease and mild dementia based on blood biomarkers. Comprising a phase 1 and phase 2 study, the phase 1 study uses frozen samples of blood plasma from a regional cohort collected by a prospective cohort study performed in Usuki City between 2015 and 2019 to evaluate the utility of blood biomarkers in predicting Aβ accumulation in the brain. The phase 2 study is a prospective study that uses blood plasma samples collected from 100 newly recruited subjects through diagnostic workflows adopted at all levels of health care, from primary care physicians to specialists certified by dementia-related societies, to evaluate the psychological impact on participants of different results and who discloses them.The research paper primarily compiles results from the phase 1 study. The ability of blood biomarkers to predict the results of amyloid PET scans(3) was evaluated in terms of an area under the curve (AUC) value. Blood biomarker measurements performed by Shimadzu resulted in an AUC value of 0.94 and identified PET-positive patients in the regional cohort with a high degree of accuracy. The joint research also revealed the possibility to predict the progression of clinical symptoms using baseline blood biomarker results, i.e., the progression from MCI due to Alzheimer's disease to Alzheimer's dementia from analysis of participant data over a seven-year observation period. Blood biomarker testing is less invasive than amyloid PET and cerebrospinal fluid testing(4), and could reduce patient stress and help predict the future onset of dementia if used as an alternative to these two diagnostic methods. The data collection stage of phase 2 is complete with plans in place to carry out data analysis and draft an overall report of the results of both phases of the joint research.The four parties involved in this joint research are committed to building an ecosystem that improves the early diagnosis of Alzheimer’s through diagnostic workflows adopted at all levels of health care from primary care physicians to specialists who are members of dementia-related societies, and through this research develop social infrastructure that ensures patients and their families live happy and fulfilling lives.Comment by Noriyuki Kimura, an Associate Professor at the Department of Neurology, Faculty of Medicine, Oita UniversityTreatment of Alzheimer’s disease is approaching a new turning point with the emergence of anti-amyloid beta antibodies that will require the diagnosis of Alzheimer’s disease at the MCI or early dementia stage. Biomarker-based tests to detect amyloid accumulation in the brain include amyloid PET scans and cerebrospinal fluid testing, but PET scans are expensive and cerebrospinal fluid testing is highly invasive. Blood biomarker testing is low-cost and less invasive, and its adoption promises to reduce the financial and physical burden on patients.(1) Amyloid beta is a protein believed to cause Alzheimer’s disease that accumulates in the brain to form senile plaques beginning around 20 years before the onset of Alzheimer’s disease.(2) Alzheimer’s disease is the most common cause of dementia and its key pathological hallmarks are senile plaques, neurofibrillary tangles, and neuronal cell death.(3) Amyloid PET is a brain imaging test that can visualize amyloid beta accumulation in the brain.(4) Cerebrospinal fluid testing collects cerebrospinal fluid and tests it for amyloid-β 42, amyloid-β 40, phosphorylated tau protein, and total tau protein, which are biomarkers of Alzheimer’s disease.Research Paper InformationJournal name: Alzheimer's & Dementia: Translational Research & Clinical InterventionsTitle of paper: Plasma amyloid beta biomarkers predict amyloid positivity and longitudinal clinical progression in mild cognitive impairment.Authors: Takuya Ataka, Noriyuki Kimura, Naoki Kaneko, Teruaki Masuda, Yosuke Takeuchi, Kenichi Yabuuchi, Takeshi Mizukami, Tsukasa Takeuchi, Temmei Ito, Hideaki Tasai, Takehiko Miyagawa, Shunya Hanai, Shinichi Iwamoto, and Etsuro MatsubaraDOI: 10.1002/trc2.70008Related InformationNovember 22, 2022 Press releaseTo Develop Japan’s First Blood Biomarker-Based Diagnostic Workflow for DementiaShimadzu, Eisai, Oita University, and Usuki City Medical Association Commence Joint Researchwww.eisai.com/news/2022/news202280.html For Press and Media Inquiries, Please Contact:Shimadzu CorporationCorporate Communication Department Phone: +81-75-823-1110Eisai Co., Ltd.Public Relations Department Phone: +81-3-3817-5120Oita UniversityDepartment of Neurology, Faculty of Medicine Phone: +81-97-586-5814Usuki City Medical AssociationUsuki City Medical Association Office Phone: +81-972-63-0099 Copyright 2024 JCN Newswire via SeaPRwire.com.
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Update on Regulatory Review of Lecanemab for Early Alzheimer’s Disease in Australia

Update on Regulatory Review of Lecanemab for Early Alzheimer’s Disease in Australia

TOKYO and CAMBRIDGE, Mass., Oct 17, 2024 - (JCN Newswire via SeaPRwire.com) - Eisai Co., Ltd. and Biogen Inc. announced today that the Therapeutic Goods Administration (TGA) of Australia issued a public statement about the initial decision not to register the humanized anti-solubleaggregated amyloid-beta (Aβ) monoclonal antibody lecanemab for the treatment of patients with mild cognitive impairment (MCI)due to Alzheimer’s disease (AD) and mild AD dementia.Eisai will request a reconsideration of this decision under Section 60* of the Therapeutic Goods Act within 90 days to make lecanemab available for eligible people living with early AD in Australia. Following Eisai’s request for review, the TGA will issue a final decision within 60 days of receiving Eisai’s request.Lecanemab is already approved in the United States, Japan, China, South Korea, Hong Kong, Israel UAE and Great Britain, and is being marketed in the U.S., Japan and China.Eisai serves as the lead for lecanemab’s development and regulatory submissions globally with both Eisai and Biogen co-commercializing and co-promoting the product and Eisai having final decision- making authority.*When we receive the outcome of the evaluation, Section 60 of the Australian legislation defines this as an “initial decision”. This is because the legislation states any decision considered an “initial decision” can be reviewed on request. This legislated process is referred to as a“request for a review of an initial decision” by the TGA. Note the specific part of the legislation that defines this is Section 60 of the Therapeutic Goods Act.About lecanemab (Leqembi®)Lecanemab is the result of a strategic research alliance between Eisai and BioArctic. It is a humanized immunoglobulin gamma1 (IgG1) monoclonal antibody directed against aggregated soluble (protofibril) and insoluble forms of amyloid-beta (Aβ).Lecanemab is approved in the U.S., Japan, China, South Korea, Hong Kong, Israel, UAE and Great Britain for the treatment of MCI due to AD and mild AD dementia. Lecanemab’s approvals in these countries were primarily based on Phase 3 data from Eisai’s global Clarity AD clinical trial, in which it met its primary endpoint and all key secondary endpoints with statisticallysignificant results. The most common adverse events (>10%) in the lecanemab group were infusion reactions, ARIA-H (combined cerebral microhemorrhages, cerebral macrohemorrhages, and superficial siderosis), ARIA-E (edema/effusion), headache, and fall.Lecanemab is marketed in the U.S., Japan and China. Eisai has also submitted applications for approval of lecanemab in 10 countries and regions, including the European Union.Since July 2020 the Phase 3 clinical study (AHEAD 3-45) for individuals with preclinical AD, meaning they are clinically normaland have intermediate or elevated levels of amyloid in their brains, is ongoing. AHEAD 3-45 is conducted as a public-private partnership between the Alzheimer's Clinical Trial Consortium that provides the infrastructure for academic clinical trials in AD and related dementias in the U.S, funded by the National Institute on Aging, part of the National Institutes of Health, Eisai and Biogen. Since January 2022, the Tau NexGen clinical study for Dominantly Inherited AD (DIAD), that is conducted by Dominantly Inherited Alzheimer Network Trials Unit (DIAN-TU), led by Washington University School of Medicine in St. Louis, is ongoing and includes lecanemab as the backbone anti- amyloid therapy.About the Collaboration between Eisai and Biogen for ADEisai and Biogen have been collaborating on the joint development and commercialization of AD treatments since 2014. Eisaiserves as the lead of lecanemab development and regulatory submissions globally with both companies co-commercializing and co-promoting the product and Eisai having final decision-making authority.About the Collaboration between Eisai and BioArctic for ADSince 2005, Eisai and BioArctic have had a long-term collaboration regarding the development and commercialization of AD treatments. Eisai obtained the global rights to study, develop, manufacture and market lecanemab for the treatment of AD pursuant to an agreement with BioArctic in December 2007. The development and commercialization agreement on theantibody back-up was signed in May 2015.About Eisai Co., Ltd.Eisai's Corporate Concept is "to give first thought to patients and people in the daily living domain, and to increase the benefits that health care provides." Under this Concept (also known as human health care (hhc) Concept), we aim to effectively achieve social good in the form of relieving anxiety over health and reducing health disparities. With a global network of R&D facilities,manufacturing sites and marketing subsidiaries, we strive to create and deliver innovative products to target diseases with high unmet medical needs, with a particular focus in our strategic areas of Neurology and Oncology.In addition, we demonstrate our commitment to the elimination of neglected tropical diseases (NTDs), which is a target (3.3) of the United Nations Sustainable Development Goals (SDGs), by working on various activities together with global partners.For more information about Eisai, please visit www.eisai.com (for global headquarters: Eisai Co., Ltd.), and connect with us on X, LinkedIn and Facebook. The website and social media channels are intendedfor audiences outside of the UK and Europe. For audiences based in the UK and Europe, please visit www.eisai.eu and Eisai EMEA LinkedIn.About BiogenFounded in 1978, Biogen is a leading biotechnology company that pioneers innovative science to deliver new medicines to transform patient’s lives and to create value for shareholders and our communities. We apply deep understanding of human biology and leverage different modalities to advance first-in-class treatments or therapies that deliver superior outcomes. Our approach is to take bold risks, balanced with return on investment to deliver long-term growth.The company routinely posts information that may be important to investors on its website at www.biogen.com.Follow Biogen on social media – Facebook, LinkedIn, X, YouTube.ContactsMEDIA CONTACT:Eisai Co., Ltd.Public Relations Department+81-(0)3-3817-5120Eisai Europe, Ltd.EMEA Communications Department+44 (0) 7974-879-419Emea-comms@eisai.netEisai Inc. (U.S.) Libby Holman+ 1-201-753-1945Libby_Holman@eisai.comMEDIA CONTACT:Biogen Inc. Jack Cox+ 1-781-464-3260public.affairs@biogen.comINVESTOR CONTACT:Biogen Inc. Stephen Amato+ 1-781-464-2442IR@biogen.comINVESTOR CONTACT:Eisai Co., Ltd.Investor Relations Department+81-(0)70-8688-9685Biogen Safe HarborThis news release contains forward-looking statements, about the potential clinical effects of lecanemab; the potential benefits, safety and efficacy of lecanemab; potential regulatory discussions, submissions and approvals and the timing thereof; thetreatment of Alzheimer's disease; the anticipated benefits and potential of Biogen's collaboration arrangements with Eisai; the potential of Biogen's commercial business and pipeline programs; including lecanemab; and risks and uncertainties associated with drug development and commercialization. These statements may be identified by words such as "aim," "anticipate," "believe," "could," "estimate," "expect," "forecast," "intend," "may," "plan," "possible," "potential," "will," "would" and other words and terms of similar meaning. Drug development and commercialization involve a high degree of risk, and only a small numberof research and development programs result in commercialization of a product. Results in early-stage clinical studies may notbe indicative of full results or results from later stage or larger scale clinical studies and do not ensure regulatory approval. You should not place undue reliance on these statements.These statements involve risks and uncertainties that could cause actual results to differ materially from those reflected in such statements, including without limitation unexpected concerns that may arise from additional data, analysis or results obtained during clinical studies; the occurrence of adverse safety events; risks of unexpected costs or delays; the risk of other unexpected hurdles; regulatory submissions may take longer or be more difficult to complete than expected; regulatoryauthorities may require additional information or further studies, or may fail or refuse to approve or may delay approval of Biogen's drug candidates; including lecanemab; actual timing and content of submissions to and decisions made by the regulatory authorities regarding lecanemab; uncertainty of success in the development and potential commercialization of the medicine; failure to protect and enforce Biogen's data, intellectual property and other proprietary rights and uncertaintiesrelating to intellectual property claims and challenges; product liability claims; and third party collaboration risks, results ofoperations and financial condition. The foregoing sets forth many, but not all, of the factors that could cause actual results todiffer from Biogen's expectations in any forward-looking statement. Investors should consider this cautionary statement as wellas the risk factors identified in Biogen's most recent annual or quarterly report and in other reports Biogen has filed with the U.S.Securities and Exchange Commission. These statements speak only as of the date of this news release. Biogen does notundertake any obligation to publicly update any forward-looking statements. Copyright 2024 JCN Newswire via SeaPRwire.com.
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VPBank Partners With CleverTap To Transform Vietnam’s Banking Experience

VPBank Partners With CleverTap To Transform Vietnam’s Banking Experience

San Francisco, CA & Hanoi, Oct 17, 2024 - (ACN Newswire via SeaPRwire.com) - VPBank, one of Vietnam’s largest private banks, partners with CleverTap, the all-in-one customer engagement platform, to deepen understanding of customers and their aspirations and use the insights to deliver hyper-personalized experiences to users, at scale. VPBank aims to elevate customer experience and drive higher conversions on products and offers through highly targeted campaigns built on complex, real-time segmentation that quickly connects with customers. Through this association with CleverTap, VPBank’s objective is to improve engagement, deepen relationships and drive higher retention, while keeping costs low.Established in 1993, VPBank operates in a wide variety of businesses including retail banking, corporate banking, wealth management, and consumer finance. VPBank aims to become a top-ranking financial institution among joint stock commercial banks in Vietnam, in terms of business scale, market share, and service quality. Leveraging CleverTap’s AI/ML-powered capability suite, Clever.AI, VPBank will be able to hyper-personalize its engagement via multiple automation and journeys. It will enable a seamless and omnichannel onboarding experience for new users, driving higher success rates for key milestones such as registration and the first transaction. With the unified customer view on CleverTap, VPBank can identify high-intent users and target them with contextual and relevant offerings, achieving an increase in customer lifetime value.Varun Krishna, Head of Digital Marketing, VPBank said, “We’ve always strived to maintain our position as one of Vietnam’s leading financial institutions. In an increasingly competitive banking landscape, delivering personalized and meaningful customer experiences is paramount. Partnering with CleverTap empowers us to harness advanced AI-driven insights, enabling us to engage our customers more effectively and tailor our offerings to their unique needs across digital channels. This collaboration not only enhances our ability to connect with customers on a deeper level but also drives sustained growth and loyalty. Together, we are committed to setting new standards in customer engagement and positioning VPBank as the most trusted and preferred bank in Vietnam.”Mai Vo, Country Manager, CleverTap said, “Vietnam’s banking sector is at the precipice of a new era of growth. Our partnership with VPBank couldn’t be timed better. With a legacy of innovation and customer-centricity, VPBank has consistently set benchmarks in the Vietnamese banking industry. Their commitment to using technology for crafting exceptional customer experiences aligns perfectly with our vision. Together, with CleverTap’s state-of-the-art omnichannel platform, personalizing and enhancing customer engagement has never been more seamless. This partnership is not only a testament to CleverTap’s expertise in driving conversion and retention but also underscores VPBank’s leadership in propelling Vietnam's banking sector into a new era of excellence”About CleverTapCleverTap is the leading all-in-one customer engagement platform that helps brands unlock limitless customer lifetime value. CleverTap is trusted by over 2000 brands like Domino’s, Levis, Jio, Papa John’s, Zomato, Kotak Bank, Air Asia, Carousell, TD Bank, and Tesco to help build personalized experiences for all their customers. The platform is powered by TesseractDB™ – the world’s first purpose-built database for customer engagement, offering speed and cost efficiency at scale.Backed by top-tier investors such as Accel, Peak XV Partners, Tiger Global, CDPQ and 360 One, the company is headquartered in San Francisco, with presence across Seattle, London, São Paulo, Bogota, Mexico, Amsterdam, Sofia, Dubai, Mumbai, Bangalore, Singapore, Vietnam, and Jakarta.For more information, visit clevertap.com or follow us on:LinkedIn: https://www.linkedin.com/company/clevertap/ X: https://twitter.com/CleverTap Forward-Looking StatementsSome of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.For more information:SONY SHETTYDirector, Communications, CleverTap+91 9820900036sony@clevertap.com ASHMIT CHAUDHARYAssociate Consultant, Archetype+91 8850752121ashmit.chaudhary@archetype.co Copyright 2024 JCN Newswire via SeaPRwire.com.
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Regarding the transfer of sales functions related to NEC-brand PCs for commercial customers

Regarding the transfer of sales functions related to NEC-brand PCs for commercial customers

NEC Corporation (NEC; TSE: 6701) and NEC Personal Computers, Ltd. (NECPC) today announced an agreement to transfer the sales functions related to NEC-brand PCs for commercial customers from NEC to NECPC. The transfer is scheduled to be completed by the end of March 2025. Once the transfer is complete, NECPC will be responsible for the development, design, manufacturing, marketing and sales of both NEC-brand PCs for consumer and commercial customers.NEC brand PCs for commercial customers are provided to enterprises, organizations and educational institutions under product names such as "VersaPro" and “Mate", and have a reputation as reliable products that support businesses and society. By integrating the management resources of NEC and NECPC, NECPC will develop more competitive products that meet the needs of its customers. In addition, NECPC will enhance the total value of its products by enabling its dedicated PC sales team to work with sales partners to provide faster customer care. Furthermore, NECPC will support the success of its customers by prioritizing the resolution of their challenges and through continuous innovation.“I am confident that this transfer of functions will strengthen the competitiveness and product appeal of NEC-brand PCs for corporate customers. We will also support our customers' workstyle transformation and DX promotion by combining NEC's value creation model, NEC BluStellar, with PCs," said Tetsuhiko Kimura, Corporate Executive Vice President, NEC Corporation.“Since being launched as a joint venture between NEC and Lenovo in 2011, NECPC has always focused on solving the challenges of our customers and society, and has worked on product innovation. By building a system that covers everything from development to sales, I am confident that NECPC will be able to contribute to the success of our customers even more," said Taro Hiyama, President, NEC Personal Computers.About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2024 JCN Newswire via SeaPRwire.com.
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TANAKA Announces “TK-SK” Palladium Alloy for Semiconductor Test Equipment

TANAKA Announces “TK-SK” Palladium Alloy for Semiconductor Test Equipment

TOKYO, Oct 17, 2024 - (JCN Newswire via SeaPRwire.com) - TANAKA Kikinzoku Kogyo K.K. (Head office: Chuo-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka), which develops industrial precious metal products as one of the core companies of TANAKA Precious Metals, has announced the development of TK-SK, a palladium alloy designed for probe pins used in the final testing stage (post-processing) of semiconductor packages. This new product will be showcased via a panel display at SWTest Asia 2024, an exhibition scheduled for October 24–25, 2024, in Fukuoka Prefecture, Japan, with samples available for shipping before the end of the year.Key Features of “TK-SK”:640HV Hardness: This palladium alloy offers maximum hardness of 640HV, making it ideal for use in test socket applications, particularly in the final continuity testing stage (back-end process).TANAKA Kikinzoku Kogyo has manufactured and supplied a range of precious metals for probe pins used in testing equipment in the front-end and back-end processes of semiconductor manufacturing.As a palladium alloy for probe pins, TK-SK exhibits maximum hardness of 640HV that makes it suitable for use in test socket applications mainly in the final continuity testing stage (back-end process).Demand for high-hardness probe pins has increased in recent years. However, one common challenge with harder materials is that they can be more difficult to process and are prone to breaking during machining. Additionally, palladium alloys on the market previously had a maximum hardness of around 560HV. Through its unique processing technology, TANAKA Kikinzoku Kogyo has successfully developed TK-SK with a hardness of 640HV. By 2028, the company aims to ship 1.5 times the volume of its existing products.Pogo pin-type probe pins are typically used in test sockets. During testing, the tip or plunger of the probe pin can become deformed due to friction from contact with substrates. Solder may also adhere to the plungers, needing regular cleaning, which further increases the risk of deformation due to friction. High-hardness probe pins, like TK-SK, reduce wear-related deformation, leading to longer service life and lower maintenance costs for semiconductor test equipment.Looking ahead, TANAKA Kikinzoku Kogyo plans to continue contributing to the development of the semiconductor market, which is expected to experience significant growth in the coming years.TK-SK Properties (Reference Values)Exhibition detailsExhibition name: SWTest Asia 2024Dates: October 24 (10:00–15:30) and October 25 (10:00–16:00), 2024Venue: Hilton Fukuoka Sea Hawk, JapanOfficial website: https://www.swtestasia.org/Exhibitor: TANAKA Kikinzoku Kogyo K.K.Booth No.: 210Panel display: Palladium alloy for probe pins (TK-SK wire, TK-FS wire and sheet), copper-silver alloy for probe pins (TK-101 sheet), and precious metal plating solution for probe cardsAbout TANAKA Precious MetalsSince its foundation in 1885, TANAKA Precious Metals has built a portfolio of products to support a diversified range of business uses focused on precious metals. TANAKA is a leader in Japan regarding the volume of precious metals it handles. Over many years, TANAKA has manufactured and sold precious metal products for industry and provided precious metals in such forms as jewelry and assets. As precious metals specialists, all Group companies in Japan and worldwide collaborate on manufacturing, sales, and technology development to offer a full range of products and services. With 5,355 employees, the group’s consolidated net sales for the fiscal year ending December 2023, was 611.1 billion yen.Global industrial business websitehttps://tanaka-preciousmetals.com/en/Product inquiriesTANAKA Kikinzoku Kogyo K.K.https://tanaka-preciousmetals.com/en/inquiries-on-industrial-products/Press inquiriesTANAKA Holdings Co., Ltd.https://tanaka-preciousmetals.com/en/inquiries-for-media/Press Release: https://www.acnnewswire.com/docs/files/20241017_EN.pdf Copyright 2024 JCN Newswire via SeaPRwire.com.
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Mitsubishi Power Completes Construction of 50MW Woody Biomass-fired Power Plant in Hyuga, Miyazaki Prefecture

Mitsubishi Power Completes Construction of 50MW Woody Biomass-fired Power Plant in Hyuga, Miyazaki Prefecture

TOKYO, Oct 16, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has completed the construction of a 50-megawatt (MW) class woody biomass-fired power plant in the city of Hyuga, in Miyazaki Prefecture, successfully handing over of the facility within the contract period. The Hyuga Biomass Power Plant, developed by a consortium led by MHI as part of a full turnkey solution for engineering, procurement, and construction (EPC), will be operated by Hyuga Biomass Power Co., Ltd., a special purpose company (SPC).Hyuga Biomass Power PlantThe power plant facility comprises a steam turbine, circulating fluidized bed (CFB) boiler, generator, and other equipment that deliver high combustion efficiency for biomass power generation. Improving power generation and fuel efficiency will lead to further reductions in the plant's environmental impact. The SPC that will operate the plant is jointly owned by Osaka Gas Co., Ltd., ITOCHU Corporation, Tokyo Century Corporation, and Tokyo Energy & Systems Inc. Based on the EPC contract, MHI leveraged its experience with numerous power systems to build and supply the main power generating equipment, including the steam turbines, CFB boiler, and other large auxiliary machinery. MHI Group company Mitsubishi Heavy Industries Power Environmental Solutions, Ltd. provided the air quality control systems (AQCS), while Mitsubishi Electric Corporation supplied the generator and electrical components,* and Fujita Corporation handled the civil engineering and construction.Going forward, MHI Group will continue to focus efforts on the further spread of renewable energy power generation systems such as biomass fuel, which makes effective use of resources and is beneficial in reducing environmental loads, contributing to the stable supply of energy and the conservation of the global environment.*The generator and related electrical components were supplied by Mitsubishi Generator Co., Ltd., which was formed on April 1, 2024, through the integration of MHI and Mitsubishi Electric Corporation's power-generator systems businesses. Mitsubishi Electric handled the power receiving and transforming equipment.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2024 JCN Newswire via SeaPRwire.com.
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Orders for Gas Turbines through Partner Firm in China Reaches 150 Units

Orders for Gas Turbines through Partner Firm in China Reaches 150 Units

TOKYO, Oct 16, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) held a commemorative ceremony on October 15 to celebrate reaching cumulative orders for 150 gas turbines units through Dongfang Turbine Co., Ltd. (Deyang, Sichuan Province), a subsidiary of Dongfang Electric Corporation, MHI's partner for the gas turbine business in China.Commemorative CeremonyThe ceremony for the 150-unit milestone was attended by Zhang Yanjun, President of Dongfang Electric, with Liu Hui, Chairman of Dongfang Turbine. MHI was represented by Toshiyuki Hashi, Executive Vice President/President and CEO, Energy Systems, Takashi Tozawa, Senior Vice President/Vice President, Energy Systems, and Takashi Kubo, Senior Vice President/Chief Regional Officer, China. Also attending as a special guest was Qin Zhaohui, President of China Huaneng Group Co.,Ltd., Jiangsu Branch, the customer for the 150th unit.Dongfang Turbine is one of three major manufacturers of heavy electrical equipment in China, handling manufacturing and repair services for steam turbines, gas turbines, and auxiliary plant equipment used for power generation. Since 2003, MHI has gradually expanded its licensing of large-scale gas turbines to the company. In 2015, Mitsubishi Power (China) Co., Ltd., the headquarters for MHI's thermal power systems operations in China, opened the Chengdu Branch in Chengdu, Sichuan Province, with the aim of strengthening the collaboration. In addition, MHI and Dongfang Turbine provide localized after-sale services through Mitsubishi Heavy Industries Dongfang Gas Turbine (Guangzhou) Co., Ltd., a joint venture established in 2004 to enable a swift response to local customer needs.Electricity demand continues to rise in China, and the gas turbine market remains robust against the backdrop of increasing demand for replacing aging coal-fired power generation facilities, as well as demand for load-following power sources in line with the expansion of renewable energy. Amid the rising demand in China for high-efficiency gas turbine combined cycle (GTCC) power generation equipment as a means of reducing environmental loads, MHI has steadily accumulated orders for its highly competitive gas turbines, owing to its state-of-the-art and high-efficiency models, and hydrogen co-firing technology. Shipments of gas turbines made in collaboration with Dongfang Turbine reached 100 units in March 2024, and the number of cumulative orders for gas turbines has now reached the 150 unit mark.Going forward, MHI, along with its power solutions brand, Mitsubishi Power, will continue to work in cooperation with Dongfang Electric and Dongfang Turbine for the development of electric power in China, and contribute to the improvement of energy efficiency and the reduction of environmental impacts.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2024 JCN Newswire via SeaPRwire.com.
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Amyotrophic Lateral Sclerosis Treatment “Rozebalamin(R) for Injection 25 mg” Receives The Good Design Award 2024 for Light- Proof Vial Packaging

Amyotrophic Lateral Sclerosis Treatment “Rozebalamin(R) for Injection 25 mg” Receives The Good Design Award 2024 for Light- Proof Vial Packaging

TOKYO, Oct 16, 2024 - (JCN Newswire via SeaPRwire.com) - Eisai Co., Ltd. announced today that amyotrophic lateral sclerosis (ALS) treatment “Rozebalamin® for Injection 25 mg” (mecobalamin) has received the Good Design Award 2024 (by the Japan Institute of Design Promotion) for its light-proof vial packaging.“Rozebalamin for Injection” was approved in Japan on September 24, 2024 as a treatment for amyotrophic lateral sclerosis. Its active ingredient is mecobalamin, which was developed as a freeze-dried formulation which is dissolved into a solvent at the time of administration. Mecobalamin is chemically unstable when exposed to light, therefore requiring a higher level of light-protection than that of the commonly used light- blocking film made by depositing aluminum onto a PET film (aluminium-deposited PET), from the time of distribution/storage until immediately before administration. However, there is also some necessity for visibility, such as the ability to visually confirm the medication inside the vial at the time of use and see the needle tip when extracting the medication with a syringe.For Rozebalamin, packaging was created with a high level of light-protection by applying a black print to aluminium-deposited PET. While the entire vial is covered by the light-blocking packaging, a resealable window to visibility to inspect the solution inside, and the neck of the vial allows that can be peeled back. In addition, perforations were not added to the film with the aim of maintaining the high capacity for light- protection. In doing so, the conflicting issues of increasing light-protection while maintaining visibility were solved, which was also highly evaluated in this selection. This packaging was co-developed with IL Pharma Packaging Co., Ltd. (Headquarters: Aichi), and the award was also presented to both companies.Eisai considers neurology a therapeutic area of focus. As a human healthcare company, Eisai is committed to further addressing the diverse needs of, and increasing the benefits of, patients, their families, and healthcare professionals, by providing high-quality and easy-to-use Rozebalamin as a new treatment option for ALS patients.About Good Design AwardA Japanese design evaluation and promotion mechanism that was first established in 1957 as the Good Design Product Selection System. As a global design award with participation from numerous domestic and international companies and organizations, it is held annually with the aim of improving the quality of life and utilizing design to solve social issues and themes. The "G Mark," which symbolizes the award, is widely recognized as an emblem of excellent design. www.g-mark.org/en.Media Inquiries:Public Relations Department, Eisai Co., Ltd.+81-(0)3-3817-5120 Copyright 2024 JCN Newswire via SeaPRwire.com.
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Fujitsu to combat fake news in collaboration with leading Japanese organizations

Fujitsu to combat fake news in collaboration with leading Japanese organizations

TOKYO, Oct 16, 2024 - (JCN Newswire via SeaPRwire.com) - Fujitsu today announced that it has begun a project to develop a disinformation countermeasure platform alongside a consortium of leading academic and private sector organizations. Fujitsu was selected as a primary operator for this initiative in July 2024 through a public call for proposals by Japan’s New Energy and Industrial Technology Development Organization (“NEDO”) (1). The effort is part of the Key and Advanced Technology R&D through Cross Community Collaboration Program (“K Program”) (2), which was established with the collabor"ation of Japan’s Cabinet Office, the Japanese Ministry of Economy, Trade and Industry (METI), and other related Japanese ministries, to strengthen and drive Japan’s economic security. The consortium, assembled by Fujitsu, includes the National Institute of Informatics (NII), NEC Corporation, Keio Research Institute at SFC, Institute of Science Tokyo (formerly Tokyo Tech), The University of Tokyo, University of Aizu, Nagoya Institute of Technology, and Osaka University.The project aims to develop the world’s first comprehensive disinformation countermeasure platform that can process false information from initial detection to evidence gathering, analysis, and evaluation, with development slated for completion by the end of fiscal year 2025.Vivek Mahajan, Corporate Vice President, CTO, CPO, Fujitsu Limited, comments: “We are excited to be working on this initiative with a top-tier consortium of Japanese academic and private sector organizations that have a proven track record of combating disinformation. In addition to our consortium partners, Fujitsu will collaborate with relevant government agencies and other organizations to develop a robust countermeasure solution and contribute to solving this serious societal challenge.”Figure 1. Consortium member organizationsAs prime operator of this project, Fujitsu will lead the R&D efforts, technology integration, and construction of the overall platform. Leveraging the latest trends in disinformation tactics and technologies, Fujitsu will also create use cases for public and private sector organizations, facilitating the practical application of the research findings.Technology to be developed and consortium roles1. Information analysis by media type and disinformation detection (Responsible parties: NII, NEC)NIILeveraging its track record in the field of fake media detection, NII will develop a technology to detect deepfakes of images, video and audio from social media posts and other content. The technology will identify how the media content has been created and any areas that have been manipulated and assign a confidence score which will be provided as supporting evidence.NECNEC will develop media understanding technology that extracts content including images, video and audio as text and uses it to analyze matches with social media posts and to collect supporting information.2. Evidence/endorsement management (Responsible parties: Keio Research Institute at SFC, Fujitsu, Osaka University)Keio Research Institute at SFC and FujitsuKeio Research Institute at SFC which has a track record in the field of trusted internet architecture and Fujitsu develop technology to integrate evidence collected from the internet, including the analysis results from technology 1 above. This evidence will be structured and stored as an evidence/endorsement graph (3) to verify authenticity and assess impact.Osaka UniversityOsaka University will leverage its expertise in IoT data analysis to develop technology to collect sensor data as a source of evidence. In cases where information for the target area is incomplete, the system will infer evidence based on available data from neighboring areas. This proactive, AI-driven evidence gathering, mimicking human information collection and inference, is a highly advanced initiative.3. Comprehensive authenticity determination (Responsible parties: Fujitsu, Nagoya Institute of Technology)Fujitsu- Fujitsu will develop technology to analyze the consistency of evidence linked to target information using evidence/endorsement graphs from technology 2. This technology enables comprehensive information authenticity analysis, presenting the results and supporting evidence in a user-friendly manner.- Fujitsu will also develop a specialized Japanese LLM for disinformation countermeasures, utilizing its supercomputer (Fugaku) and LLM (Takane) expertise. This specialized LLM will enhance comprehension of news and social media data, improve logical reasoning capabilities, and enable high-speed, high-accuracy inference for authenticity verification while mitigating hallucinations.Nagoya Institute of TechnologyFujitsu will collaborate with Nagoya Institute of Technology to develop a user interface and information provision technology based on cognitive science, considering factors related to human psychology (e.g., continued influence effect). This will help users to accurately judge the truthfulness of information and encourage appropriate actions, including making efforts to avoid the unintentional spread of false information.4. Evaluation of disinformation impact (Responsible parties: Institute of Science Tokyo, The University of Tokyo, Aizu University)Institute of Science Tokyo, The University of Tokyo, and University of Aizu, with their expertise in computational social science related to social media, will develop technology to assess the impact of disinformation. By extending LLMs to build an AI model for disinformation assessment, the three parties will analyze characteristics of disinformation, such as similarity to past disinformation and proliferation speed, focusing on the source, content, and social context of messages from social media data. This will allow for the evaluation of metrics such as proliferation scale and social impact. This development of technology to visualize and quantitatively assess the social impact of disinformation represents a highly advanced endeavor.Figure 2. Diagram of the disinformation countermeasure platformFuture PlansIn fiscal year 2024, the project will focus on analyzing use cases for private companies and public institutions, defining functional requirements, and initiating R&D of individual technologies, with the final system scheduled for development by the end of fiscal year 2025.By developing this platform, Fujitsu and its consortium partners aim to contribute to economic stability in the face of increasing disinformation risk and with NEDO’s support aid in increasing new industry development, international competitiveness, and strengthening Japan’s global position.Comments from partner academic-industrial organizationsProf. Junichi Yamagishi, National Institute of Informatics, comments:“Combating disinformation demands a sophisticated, integrated arsenal of technologies. Leveraging years of cutting-edge research in technology for detecting fake media, we are going to create a robust foundation for a powerful disinformation defense system.”Motoo Nishihara, Corporate Executive Vice President and CTO, NEC Corporation, comments:"We are excited to join this important initiative. As AI is linked to the production of increasingly sophisticated disinformation, AI-powered countermeasures are paramount. Leveraging NEC's cutting-edge AI technologies, we aim to contribute to the development of truly effective solutions."Prof. Hiroyuki Kusumoto, Faculty of Environment and Information Studies, Keio University, and Project Professor Shigeya Suzuki, Graduate School of Media and Governance, Keio University, comment:“Information on the internet nowadays is not only transmitted by individuals, but also by information systems utilizing LLMs. Leveraging cutting-edge digital identity technology, we will create a platform that meticulously tracks sender identity and information relationships, enabling multifaceted analysis for more informed and accurate end-user decision-making.”Prof. Kazutoshi Sasahara, Institute of Science Tokyo, comments:“The increasing scale and sophistication of disinformation pose a grave threat to our daily lives and democracy. With AI making truth increasingly indistinguishable from falsehood, developing technologies to assess the influence of disinformation is a critical, urgent task. We aim to spearhead the development of widely accessible tools to combat this escalating challenge.”Prof. Masashi Toyoda, The University of Tokyo, comments:"We are excited to have the opportunity to collaborate with experts from diverse fields in tackling the challenge of misinformation. We will leverage a wide range of expertise and technologies to build a foundational infrastructure for assessing the impact of disinformation."Yasuhiro Hashimoto, Senior Associate Professor, Aizu University, comments:“The generation and spread of disinformation pose a grave threat to societal stability and national security, demanding a multidisciplinary approach drawing on informatics, engineering, social sciences, and more. We will develop technologies to visualize the large-scale structures and complex relationships in which disinformation circulates, and build an environment where the dynamics of disinformation can be quickly viewed and analyzed.”Prof. Yuko Tanaka, Nagoya Institute of Technology, comments:"I am pleased to participate in this project that integrates cutting-edge technologies to address the increasingly sophisticated and serious circulation of disinformation. I am contributing to the development of interface design that effectively communicates the results—from disinformation detection to evaluation—by considering human cognitive characteristics."Shin’ichi Arakawa, Associate Professor, Osaka University, comments:"We are excited to be involved in R&D that addresses the growing problem of disinformation. Within the project, we will focus on practical research and development, and on delivering real-world impact, going beyond theoretical evaluation."(1) Key and Advanced Technology R&D through Cross Community Collaboration Program Press Release regarding the Key and Advanced Technology R&D through Cross Community Collaboration/Development of Disinformation Analysis Technology (K Program) :www.nedo.go.jp/koubo/CD2_100359.html (in Japanese)[2] Key and Advanced Technology R&D through Cross Community (“K Program”) :www8.cao.go.jp/cstp/anzen_anshin/kprogram.html (in Japanese)[3]Evidence/Endorsement Graph :Information added to the target information that serves as the basis for authenticity judgment, such as the sender (person or organization and its attributes), location, and date.About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.About National Institute of InformaticsNII is Japan's only academic research institute dedicated to the new discipline of informatics. Its mission is to "create future value" in informatics. NII conducts both long-term basic research and practical research aimed at solving social problems in a wide range of informatics research fields, from fundamental theories to the latest topics, such as artificial intelligence, big data, the Internet of Things, and information security.As an inter-university research institute, NII builds and operates academic information infrastructure essential for the research and educational activities of the entire academic community (including the Science Information Network) as well as developing services such as those that enable the provision of academic content and service platforms.https://www.nii.ac.jp/en/.About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at http://www.nec.com.About Keio Research Institute at SFCThe Keio Research Institute at SFC was established in 1996. In its capacity as an academic entity and research institute affiliated with the Graduate School of Media and Governance, Graduate School of Health Management, Faculty of Policy Management, Faculty of Environment and Information Studies, and Faculty of Nursing and Medical Care, the institute serves as a platform for promoting advanced research activities and collaborative initiatives involving the community and local regions. By 2021, the institute had more than 40 laboratories (transdisciplinary research groups with advanced research missions) and more than 30 SFC research consortiums (joint research deployed by the Keio Research Institute at SFC in conjunction with a number of external organizations), and together with approximately 500 senior and guest researchers from various industries, government, and academia, aims to develop unique research to create a vital society. In this manner, the Keio Research Institute at SFC has an impressive wealth of experience and track record in the creation of pioneering knowledge through collaborations among industry, government, and academia.About Institute of Industrial Science, The University of TokyoThe Institute of Industrial Science, The University of Tokyo (UTokyo-IIS) is one of the largest university-attached research institutes in Japan. UTokyo-IIS is comprised of over 120 research laboratories—each headed by a faculty member—and has over 1,200 members (approximately 400 staff and 800 students) actively engaged in education and research. Its activities cover almost all areas of engineering. Since its foundation in 1949, UTokyo-IIS has worked to bridge the huge gaps that exist between academic disciplines and real-world applications.About University of AizuNurtures talent who will exercise leadership in the knowledge-based society.Nurtures computer scientists and highly-skilled computer engineers who will create and exploit "knowledge" for the new era.Has first-class faculty members from almost twenty countries around the world.Provides an outstanding computer environment unparalleled by other universities.Established the graduate school open to the world, where English is used as the common language.Fosters students' latent limitless creativity by training critical thinking and appreciating their curiosity, free from preconceived ideas.About Nagoya Institute of TechnologyNagoya Institute of Technology (NITech) was founded as the first national institution of higher education in central Japan in order to develop the region as Japan’s center of industry. Maintaining a respect for this historic mission and acting as one of the leading engineering institutes in Japan, NITech shall therefore make its fundamental mission as follows: developing revolutionary science and technologies, fostering rich human resources, and contributing to peace and social welfare of the future by acting as a source to consistently produce and develop new industries and culture.About Osaka UniversityOsaka University was founded in 1931 as one of Japan’s imperial universities through strong demand from political and business circles in Osaka, as well as the people of Osaka City and Prefecture. The spiritual roots of Osaka University can be found in Kaitokudo and Tekijuku, educational institutions of the Edo period. After its merger with Osaka University of Foreign Studies in 2007, Osaka University became a comprehensive university with its own School of Foreign Studies. Boasting 11 undergraduate schools, 15 graduate schools, and 6 affiliated research institutes excelling in the fields of the humanities and social sciences, medicine, dentistry, pharmacy, science, and engineering, Osaka University is one of Japan’s premier comprehensive research universities.Osaka University will celebrate the 100th anniversary of its founding in 2031. We will contribute to the creation of a society where each member feels worth living through co-creation with diverse stakeholders to solve local and global challenges in accordance with the university's motto of “Live Locally, Grow Globally.”Press ContactsFujitsu LimitedPublic and Investor Relations DivisionInquiriesNational Institute for Informatics Research Organization of Information and SystemsPublicity Team, Planning Division, General Affairs DepartmentTEL: +81-3-4212-2164E-mail: media@nii.ac.jpNEC Corporate CommunicationsE-mail: press@news.jp.nec.comKeio Research Institute at SFCOffice of Research Development and Sponsored Projects Shonan Fujisawa CampusE-mail: kri-pr@sfc.keio.co.jpThe Institute of Industrial Science, The University of TokyoPublic Relation OfficeE-mail: pro@iis.u-tokyo.ac.jpUniversity of AizuPlanning and Collaboration DivisionPlanning and Public Relations SectionTEL: +81-242-37-2510E-mail: cl-planpr@u-aizu.ac.jpNagoya Institute of TechnologyFoundations GroupProfessor TANAKA YukoE-mail: tanaka.yuko@nitech.ac.jpOsaka UniversityGraduate School of Information Science and TechnologyAssociate Professor Shin’ichi ArakawaE-mail: arakawa@ist.osaka-u.ac.jp Copyright 2024 JCN Newswire via SeaPRwire.com.
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Mitsubishi Heavy Industries Invests in Koloma, a US-Based Geologic Hydrogen Exploration Startup

Mitsubishi Heavy Industries Invests in Koloma, a US-Based Geologic Hydrogen Exploration Startup

TOKYO, Oct 16, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) announced that it has invested in Koloma, a startup company headquartered in Denver, Colorado. The investment has been executed through Mitsubishi Heavy Industries America, Inc. (MHIA), which joins a syndicate of investors, including Breakthrough Energy Ventures, Amazon's Climate Pledge Fund, United Airline's Sustainable Flight Fund and Energy Impact Partners.Koloma Natural Hydrogen Exploration SiteKoloma is a geologic hydrogen company that leverages its technology, proprietary data, and human capital advantages to identify and commercialize geologic hydrogen on a global scale. Koloma is actively engaged in exploration and appraisal of assets that will play a significant role in global decarbonization efforts. As the rapidly emerging geologic hydrogen industry takes shape, Koloma's data-driven approach helps power the discovery of geologic hydrogen resources around the world."Building a hydrogen solution ecosystem is one of the core strategies in the energy transition business for MHI," said Takajiro Ishikawa, President and CEO of MHIA. "In MHI's role as a value chain solutions provider, we are aiming to accelerate the hydrogen economy by both offering cutting-edge technologies and enabling breakthrough innovations in the hydrogen space through investments into startups.""We are excited to welcome Mitsubishi Heavy Industries to the Koloma family," said Pete Johnson, CEO of Koloma. "Partnerships with industrial leaders like MHI will maximize the positive impact geologic hydrogen can have as a new clean primary energy source. We look forward to collaborating and innovating together to drive progress in this field and in the broader energy transition."MHI Group is collaborating with and investing in partners to develop innovative technologies that will help to decarbonize existing infrastructures and help build a hydrogen ecosystem to contribute towards achieving a decarbonized society. The Company will continue to enhance and diversify its solutions portfolio to provide customers with alternative decarbonization technologies to achieve their net zero goals.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2024 JCN Newswire via SeaPRwire.com.
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