TOKYO, Mar 10, 2023 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) today announced its three-year mid-term business plan (fiscal 2023 to 2025), Challenge 2025, to take on the challenge of further growth and the next generation. On the basis of the lean and agile business structure put in place through structural reforms enacted thus far, this plan will establish a stable revenue base through selection and concentration in Mitsubishi Motors' regional strategy and the continuation of company-wide revenue improvement activities. In addition, Mitsubishi Motors will achieve sustainable growth through higher and stable spending on R&D and CAPEX, which will include increased expenditure on electrification, IT and new business as a proportion of total expenditure. In terms of products, Mitsubishi Motors will continue to work on electrification as a solution to the global-level issue of climate change and to help achieve carbon neutrality. The company's regional strategy will see it accelerate the selection and concentration it has employed thus far and clarify the role of each region, before distributing management resources accordingl...

TOKYO, Mar 10, 2023 - (JCN Newswire via SEAPRWire.com) - Eisai Co., Ltd. announced today that it was selected as the winner of the "Basic Achievement Grand Prize" at the "2023 J-Win Diversity Award" held by non-profit organization Japan Women's Innovative Network (NPO J-Win). The "J-Win Diversity Award" has been held annually since 2008 with the aim of accelerating the promotion of diversity and inclusion (D&I) in Japanese companies by awarding leading businesses that are promoting D&I. Among the Company Prizes, Eisai was selected as the winner of the "Basic Achievement Grand Prize", which is the highest award within the "Basic Category" covering businesses who demonstrate the significance and purpose of female empowerment, developing systems and frameworks with set goals, and are taking action as a first step towards D&I promotion.Reasons For Award-Winner SelectionPromoting D&I by viewing acquisition of diverse human talents and their successes as essential for realizing their corporate concept. While promoting company-wide initatives with the "DE&I (Diversity, Equity & Inclusion) Promotion Committee", encouraging independent activities appropriate to onsit...

KARIYA, JAPAN, Mar 9, 2023 - (JCN Newswire via SEAPRWire.com) - DENSO Corporation and DENSO Fukushima Corporation today announced that they will start a demonstration project at DENSO Fukushima in March 2023 to produce and use green hydrogen at its plant in collaboration with Toyota Motor Corporation as part of the initiative to realize carbon-neutral manufacturing.(1) Through the demonstration project, the two companies aim to build a model of local production for local consumption of hydrogen and realize carbon-neutral plant.Overview of the demonstration projectUnder the slogan of "Bringing hope for the future for our planet, society, and all people" set out in the Long-term Policy 2030, the DENSO Group has been working to maximize the value proposition in the "Green" and "Peace of Mind" fields. In the "Green" field, it has been making various efforts related to manufacturing, mobility products, and energy use to realize carbon neutrality. To contribute to the realization of a recycling-oriented society in addition to a carbon-neutral society, we are working on the interconnection and integrated control of "The Five Flows," "Free Movement of People," "Flow of Goods," "Energy Util...

Toyota City, Japan, Mar 9, 2023 - (JCN Newswire via SEAPRWire.com) - Toyota Motor Corporation (Toyota) has been working with Fukushima Prefecture since June 2021 toward the development of new future cities using both hydrogen produced in Fukushima and hydrogen-related technologies developed there. As part of these efforts, Toyota has been collaborating with the DENSO Group to use hydrogen along with renewable energy to decarbonize plants.Toyota recently developed new electrolysis equipment that produces hydrogen from electrolyzing water using the FC stack and other technology from the Mirai. The equipment will be put into operation this March at a DENSO Fukushima Corporation plant, which will serve as a technology implementation venue to promote its widespread use going forward. Toyota will accelerate its efforts to build a model for the local consumption of locally produced hydrogen, using electrolysis equipment to produce clean hydrogen and combust it in one of the plant's gas furnaces.Furthermore, Toyota will publicize the details of its efforts to build such a hydrogen utilization model in the hopes of expanding the model's implementation to many people from various industries ...

TOKYO, Mar 9, 2023 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), captured the top market share by megawatts in 2022 with a global gas turbine market share of 33% according to McCoy Power Reports data.(1) The company has also secured 49% market share in the Advanced Class(2) gas turbine market, led by Mitsubishi Power's latest model JAC (J-Series Air-Cooled) gas turbines.JAC Gas TurbineMitsubishi Power's high market share results is attributed to its strong project execution track record, high performance, and product reliability. Mitsubishi Power has extensive experience with large frame gas turbines, including the F, G and J-series. The G-series has surpassed 7 million actual operating hours (AOH) and the J-series has surpassed 2 million AOH.In the heavy-duty gas turbine market, which is the most popular segment for combined cycle gas turbines, the JAC is the world's leading gas turbine with an efficiency greater than 64%.It meets rigid standards for reduced carbon emissions, offering the lowest emissions in its class.The J-series has surpassed 100 units of cumulative orders. In 2022, the company received...

TOKYO, Mar 9, 2023 - (JCN Newswire via SEAPRWire.com) - Hitachi, Ltd. (TSE: 6501) today announced that as of February 2023, Hitachi received an MSCI ESG Rating of AA. MSCI ESG Research provides MSCI ESG Ratings on global public and a few private companies on a scale of AAA (leader) to CCC (laggard), according to exposure to industry-specific ESG risks and the ability to manage those risks relative to peers. In this assessment, Hitachi has been highly evaluated for its sustainability initiatives, such as promotion of compliance training and disclosure of R&D investments to create green value.Hitachi has been selected to be a constituent of the FTSE Blossom Japan Index, the FTSE Blossom Japan Sector Relative Index, the MSCI Japan ESG Select Leaders Index and the S&P/JPX Carbon Efficient Index, which are other ESG indices adopted by the GPIF(1). Also, Hitachi has been recognized with double "A List" on Climate Change and Water Security forthe second consecutive year(2).(1) Information dated March 3, 2022: Hitachi included in leading ESG investment index: www.hitachi.com/information/info/20220303.htmlNews release dated April 11, 2022: Hitachi Selected as a constituent of FTSE B...

TOKYO, Mar 9, 2023 - (JCN Newswire via SEAPRWire.com) - Eisai Co., Ltd. announced today that it has been certified as a Health and Productivity Management Outstanding Organization in the large enterprise category (White 500) by Japan's Ministry of Economy, Trade and Industry and the Nippon Kenko Kaigi. Under the Certified Health and Productivity Management Outstanding Organization Recognition Program, the Nippon Kenko Kaigi examines large enterprises, small and medium enterprises and other organizations engaging in initiatives for overcoming health-related challenges in regional communities or for promoting health-conscious activities led by the Nippon Kenko Kaigi. It recognizes outstanding enterprises engaging in efforts for health and productivity management by evaluating from a business-management perspective based on the following criteria: "management philosophy and policies", "organized frameworks", "systems and implementation of measures", and "evaluation and improvement". Eisai exceeded the average of its industry peers in all criteria, receiving particularly high scores for items such as "well adopted by employees" (in the criteria of organized frameworks), "lifestyle impr...

TOKYO, Mar 8, 2023 - (JCN Newswire via SEAPRWire.com) - Fujitsu today confirmed the effectiveness of Fujitsu's Quantum-inspired Digital Annealer (1) technology (2) for optimizing the transformation process of legacy telecommunications networks. The project, the result of joint research conducted with the University of Toronto (3) between April 2021 and February 2023, marks the first time in the world that quantum inspired technology has been applied to network modernization.Figure 1: Results of cost reductionFujitsu has derived a combinatorial optimization formula and developed a solution using the Digital Annealer to find the best circuit migration plan, which plays a crucial role in the rapid and cost efficient transformation of legacy networks. This approach allows Fujitsu to help network operator customers reduce the operating costs of legacy facilities by up to 30% and the transportation costs of engineers by up to 80% during the migration period compared with conventional commercial optimization software.Fujitsu, through its network business, will deliver this technology to network operator customers in North America, which leads the way in network modernization. Further rese...

Central Japan, Mar 7, 2023 - (JCN Newswire via SEAPRWire.com) - Central Japan is where the mysterious sphere-shaped object, which many nicknamed "Godzilla Egg," washed up on the beach last month. Coincidentally, another sphere concept was unveiled at a panel discussion hosted by the Japan External Trade Organization (JETRO) and the Central Japan Startup Ecosystem Consortium, which was themed around regional innovation in Aichi, Nagoya, and Hamamatsu, fostered through co-creation. The new sphere-shaped logo announced after the session not only represents the geographical and industrial center of Japan's manufacturing excellence but also depicts the open and welcoming culture of the region, which invites like-minded startups and entrepreneurs from all corners of the world.The power of convergenceIn a panel discussion dubbed "Region x Innovation - Knowing Who and How to Engage," PDIE Group Founder Christian Schmitz cited Tesla as an example of the type of innovation startup ecosystems are tackling today. "We need to realize Tesla only looks like a car" but is, in fact, "a convergence of different technologies." He said so to describe how the Central Japan region's spirited hardware ma...

TOKYO, Mar 7, 2023 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries Aero Engines, Ltd. (MHIAEL), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), has completed expansion work at its aero engine maintenance shop in Komaki City, Aichi Prefecture, to respond to globally expanding demand for maintenance, repair and overhaul (MRO) services. The expanded facility is expected to increase its commercial engine MRO capacity from 5 to 6 units per month to more than 10 units per month by 2026, then ultimately reaching 15 units per month.The expansion work added floor area of 2,500m2 in addition to the pre-existing floor area of approximately 11,600m2, resulting in 20% increase of a workspace.In addition to the ongoing MRO business for PW4000 and V2500 engine models respectively powering Boeing B747 and Airbus A320 aircrafts, the expanded shop will also perform MRO for the best-selling state-of-the-art PW1100G-JM powering the Airbus A320neo family aircrafts.The facility expansion also introduces a highly efficient layout to the shop floor.The pre-existing area is now dedicated to all manually performed processes (engine disassembly, assembly, inspection, etc.), while...

Toyota City, Japan, Mar 7, 2023 - (JCN Newswire via SEAPRWire.com) - TOYOTA GAZOO Racing begins its defence of the FIA World Endurance Championship (WEC) titles, and an exciting new era of Hypercar competition, with a much-anticipated trip to Florida for the 1000 Miles of Sebring on 17 March.Photo: 1000 Miles of Sebring in 2022For the first time, the team will compete with its 2023-specification GR010 HYBRID, an evolution of the Hypercar which has won 10 of its 12 races since its 2021 debut. A productive pre-season testing programme has validated the changes, which were made to optimise reliability and drivability as well as reducing overall weight. Behind the wheel, Mike Conway, Kamui Kobayashi and Jose Maria Lopez team up for the fifth consecutive season, at the wheel of the #7 GR010 HYBRID. In the #8 car, Sebastien Buemi, Brendon Hartley and Ryo Hirakawa will aim to repeat their world title and Le Mans wins from 2022. TOYOTA GAZOO Racing enters the 2023 season, its 11th in WEC, on an unprecedented run of success, having earned five consecutive Le Mans 24 Hours victories and four straight World Championship doubles. But a 1000-mile race over eight hours at Sebring presents a uniq...

TOKYO, Mar 7, 2023 - (JCN Newswire via SEAPRWire.com) - Honda will showcase the new capabilities of the latest generation of its prototype Honda Autonomous Work Vehicle (AWV) to improve construction industry and worksite efficiencies at CONEXPO-CON/AGG 2023 in Las Vegas, March 14-18, 2023. Interested construction entities will have an opportunity to learn more about field testing the rugged off-road platform at their worksites. Watch a video of the Honda AWV at https://honda.us/HondaAWV."As we continue to advance the Honda AWV platform, we want to meet with potential business partners and companies at CONEXPO that are interested in field testing the vehicle at their worksite," said Jason VanBuren, systems engineering manager at American Honda Motor Co., Inc. "We believe the Honda AWV can be a valuable solution to supporting construction teams while also enhancing worksite efficiencies and safety. Leveraging Honda's decades of experience developing reliable, safe and clean mobility technology, we aim to address issues such as labor shortages and improved environmental performance."The fully programmable all-electric Honda AWV leverages the company's emerging advanced autonomous tech...

TOKYO, Mar 6, 2023 - (JCN Newswire via SEAPRWire.com) - TOYOTA has unveiled the all new Crown for the first time in the world, and will release the Crown (Crossover type) as the first model around the fall of this year(1).The Crown made its initial debut in 1955 as Toyota's first mass production passenger vehicle created with Toyota's own domestic technology. The DNA of "innovation and limit-pushing" that led to the creation of the first independently developed luxury car in the early postwar period has been passed down to successive models of Crowns for the past 67 years, always pursuing new values that are one step ahead of the times and loved by many customers. However, the times have changed even faster, and the Crown has become unable to fully meet the diversifying needs of its customers, and its presence as a flagship vehicle has become less significant.In designing the new Crown, the development team thoroughly reexamined what "Crown" is, and as a result of their pursuit of a "Crown for a new era," they have created four completely new models. In addition to the Crossover type, a new style that combines a sedan and an SUV, the Sport offers a sporty driving experience with an...

TOKYO, Mar 6, 2023 - (JCN Newswire via SEAPRWire.com) - Two elementary schools in the Republic of Indonesia, whose buildings were constructed with the support of Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors), have held their opening ceremonies.This school building construction support project is a collaborative venture between Mitsubishi Motors and World Vision Japan, an international NGO, with the aim of improving the learning environment for children. Mitsubishi Motors contributed 5.8 million yen, together with voluntary donations(1) from Mitsubishi Motors employees, to construct two elementary school buildings and donate equipment such as blackboards, desks, and chairs, as well as books. At the opening ceremony of the elementary schools in East Manggarai Regency, East Nusa Tenggara Province, Hideki Hanaoka, CFO of Mitsubishi Motors' local production company, PT Mitsubishi Motors Krama Yudha Indonesia, said, "It is with the support of the people of Indonesia that Mitsubishi Motors has continued to produce and sell automobiles. We are both pleased and proud that our support has contributed to the construction of new elementary school buildings. We hope that the chil...

TOKYO, Mar 6, 2023 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Corporation (MC) hereby announces that it has reached an agreement with the Department of Transportation of the Republic of the Philippines (DOTr) to deliver integrated railway systems for the extension of the North-South Commuter Railway. The contract, which is worth approximately 260 billion yen, was signed on March 3, 2023. This project is financed through an ODA1 loan granted by the Japanese government through the Japan International Cooperation Agency (JICA) with Special Terms for Economic Partnership (STEP) conditions, which in this case aim to provide safe, accurate and highly reliable railway systems. MC is responsible for designing, manufacturing and installing all the systems2 and will deliver them to DOTr for the extension project of the North-South Commuter Railway. This project is expected to meet the demand for public transportation on the back of rapid economic growth and population increase in the Philippines and help to improve traffic congestion in that country. The Philippines government is promoting a large-scale infrastructure development program called "Build, Better, More," in which the North-...

TOKYO and CAMBRIDGE, Mass., Mar 6, 2023 - (JCN Newswire via SEAPRWire.com) - Eisai Co., Ltd. and Biogen Inc. (Nasdaq: BIIB) announced today that the U.S. Food and Drug Administration (FDA) has accepted Eisai's supplemental Biologics License Application (sBLA) for LEQEMBITM (lecanemab-irmb) 100 mg/mL injection for intravenous use, supporting the conversion of the accelerated approval of LEQEMBI to a traditional approval. The LEQEMBI application has been granted Priority Review, with a Prescription Drug User Fee Act (PDUFA) action date of July 6, 2023. The FDA is currently planning to hold an Advisory Committee to discuss this application but has not yet publicly announced the date of the meeting.LEQEMBI is a humanized immunoglobulin gamma 1 (IgG1) monoclonal antibody directed against aggregated soluble (protofibrils*) and insoluble forms of amyloid beta (Aβ), approved under the Accelerated Approval Pathway for the treatment of Alzheimer's Disease (AD) on January 6, 2023.On the same day that LEQEMBI received its accelerated approval, Eisai submitted the sBLA to the FDA for approval under the traditional pathway.The sBLA is based on the findings from Eisai's recently publishe...

Torrance, Calif., Mar 6, 2023 - (JCN Newswire via SEAPRWire.com) - Honda today began operation of a stationary fuel cell power station on its corporate campus in Torrance, Calif., marking the company's first step toward future commercialization of zero-emission backup power generation. The initiative leverages Honda's hydrogen fuel cell technology expertise and contributes to the company's global goal to achieve carbon neutrality for all products and corporate activities by 2050. Honda's stationary fuel cell power stationNow fully operational as a demonstration program, Honda's fuel cell power station supplies clean and quiet emergency backup power to the data center on the campus of American Honda Motor Co., Inc. In the coming years, Honda will begin applying a next-generation stationary fuel cell system to Honda manufacturing facilities and data centers globally, thereby reducing the company's greenhouse gas emissions.The demonstration stationary fuel cell unit has a capacity of approximately 500kW and reuses the fuel cell systems of previously leased Honda Clarity Fuel Cell vehicles, with a design that allows the output to increase every 250kW packaged with four fuel cells. It f...

LAKE MARY, Fla., Mar 3, 2023 - (JCN Newswire via SEAPRWire.com) - A consortium of Mitsubishi Power Americas, Inc., Sargent & Lundy and TIC--The Industrial Company will provide Entergy Texas with engineering, procurement and construction (EPC) services to build the Orange County Advanced Power Station (OCAPS). The Public Utility Commission of Texas approved Entergy Texas' proposal to build the 1,215 megawatt (MW) combined-cycle power plant near Bridge City, Texas.The consortium partners' combined expertise will help Entergy progress toward its energy transition goal:- Sargent & Lundy, known for its advanced class combined-cycle engineering experience, is the Engineer of Record.- TIC, which has a strong record for safe on-time construction, is the Constructor.- Mitsubishi Power, a world leader in power generation and storage solutions, is supplying its hydrogen-capable power train which includes two M501JAC enhanced air-cooled gas turbines, steam turbine, heat recovery steam generator, and advanced control system.President and CEO of Entergy Texas Eliecer Viamontes, said, "The OCAPS facility will power the rapidly growing Southeast Texas region for years to come and continue ...

TOKYO, Mar 2, 2023 - (JCN Newswire via SEAPRWire.com) - Biogen Japan Ltd. and Eisai Co., Ltd. announced today the termination of the co-promotion agreement that has been in place since January 2018 for Biogen Japan's multiple sclerosis (MS) treatments TECFIDERA (dimethyl fumarate), TYSABRI (natalizumab, genetic recombinant) and AVONEX (interferon beta 1a, genetic recombinant) in Japan as of March 31, 2023. The two companies have been jointly engaged in promotional activities for MS treatments in Japan. However, since a certain objective has been achieved regarding penetration of the products into the Japanese market, the two companies decided to terminate this co-promotion agreement. As a result, Biogen Japan will have full responsibility for all operations related to the products after a transition period between the two companies. Upon termination of this agreement, Biogen will pay Eisai 31 million USD. The termination of this co-promotion agreement does not impact any of the other agreements between Biogen and Eisai. For more information, visit www.eisai.com/news/2023/news202315.html.Contacts:Biogen Japan Ltd.MEDIA CONTACT:Public Relations & CSR DepartmentMOB: +81-(0)70-1501...

Tokyo and Helsinki, Mar 2, 2023 - (JCN Newswire via SEAPRWire.com) - Fujitsu today announced that it won a significant contract in Finland to deploy its experts to deliver software development services for Helsingin Seudun Liikenne (HSL: "Helsinki Region Transport"). Following the successful completion of the tendering process, Fujitsu Finland Oy will become the primary supplier in the field of software development and the third supplier in the Business Intelligence and Data Engineering area.HSL is a joint municipal authority whose member municipalities include Helsinki, Espoo, Vantaa, Kauniainen, Kerava, Sipoo, Tuusula, Kirkkonummi and Siuntio, and aims to promote the sustainability of its operations as an environmentally friendly public transport provider by reducing CO2 emissions and saving energy. HSL is carrying out a comprehensive review of its IT environment and developing several new applications as one of the key projects to realize this goal."We want to promote a modern approach and operating models both in software development and in other areas of information technology and other technology," says Seppo Perkio, acting CIO of HSL.HSL's framework contract tendering consid...