JCN Newswire

Showa Denko Revises Dividend Payment Forecast

ruth 25 12 月

2 minutes

TOKYO, Dec 25, 2020 - (JCN Newswire) - Showa Denko (SDK; TSE:4004) announces that it revises its forecast of year-end dividend payment as in below, taking the latest trend in its business performance into consideration.1. Reasons for the revision of dividend payment forecastBased on its comprehensive consideration to the importance of the maintenance of shareholder return, including stable payment of dividend, and its latest forecast of the performance for 2020, SDK revises its forecast of year-end dividend payment per share as in below.2. Revised forecast of dividend paymentDividend per share (Unit: yen) End of 2Q / Year end / TotalEarlier forecast (Announced on August 12, 2020) : - / Undecided / UndecidedRevised forecast (Announced on December 25, 2020) : - / 65.00 / 65.00Actual dividends for 2020 : 0.00 / - / -Actual dividends for 2019 : 50.00 / 80.00 / 130.00About Showa Denko K.K.Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-puri...

Toyota’s Global Sales and Production Up Year-on-Year in November for Third Consecutive Month

ruth 25 12 月

2 minutes

TOKYO, Dec 25, 2020 - (JCN Newswire) - Toyota Motor Corporation (TMC) announces its sales, production, and export results for November 2020 as well as the cumulative total from January to November 2020, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd.Global SalesResults in November were driven primarily by sales in China and Japan, and global sales were up approximately 2 percent year-on-year.ChinaThe market remains solid, and in addition to regional motor shows and other events to attract customers to dealers, sales of the Camry, RAV4, and Lexus brand vehicles, and other models were strong, and as a result, sales were up approximately 17 percent year-on-year.JapanDemand declined slightly in November of the previous year due to a consumption tax rate hike, and this year, sales of the new models including the Harrier, Yaris, and Raize, were strong. As a result, sales were up approximately 12 percent year-on-year, the second consecutive year-on-year increase.Global ProductionResults in November were driven primarily by production in China and Japan, and production was up approximately 7 percent year-on-year.ChinaStrong sales of the Camry and the RAV4 ha...

Vietnam Pilot Project Utilizing TradeWaltz Platform Adopted Under Government’s Supply-Chain Diversification Scheme

ruth 24 12 月

3 minutes

TOKYO, Dec 24, 2020 - (JCN Newswire) - Five Japanese companies are pleased to announce that they will be collaborating on a digitalization pilot project for Vietnam-bound trade. Slated to begin in March 2021 with operations conducted by Mitsubishi Corporation Plastics Ltd. (MCP) and Mitsubishi Corporation (MC), the project will revolve around the TradeWaltz information-sharing platform, which is managed by its namesake company TradeWaltz, Inc. (TradeWaltz). Participating in the project alongside TradeWaltz will be the platform's four initial users1, namely MCP, MC, MUFG Bank, Ltd. (MUFG), and Tokio Marine & Nichido Fire Insurance Co., Ltd. (Tokio Marine Nichido).This project has also been adopted as part of a larger scheme to help diversify overseas supply chains that was introduced in the fiscal year 2021 supplementary budget of Japan's Ministry of Economy, Trade and Industry (METI). The Japan External Trade Organization (JETRO) is serving as secretariat for the diversification scheme.Trading operations still require physical documents to be processed at both corporate and government offices, and even during the pandemic, some employees have had to report to their offices once...

Honda Cars India Realigns Production Operations, To Focus on Sustainable Business Efficiency

ruth 24 12 月

3 minutes

New Delhi, India, Dec 24, 2020 - (JCN Newswire) - Honda Cars India Ltd. (HCIL) has announced the realignment of its manufacturing operations with the goal of improving business efficiency. To maintain sustainability of operations by leveraging production & supply chain efficiencies, HCIL has decided to consolidate the manufacturing operations for vehicles and components at its Tapukara plant in Rajasthan with immediate effect for all domestic sales and exports.The company has stopped the production in Greater Noida plant. However, all Head Office functions, India R&D Centre and Spare Parts operations (including warehouse) for Automobile, Two Wheeler and Power Product business will continue to operate from Greater Noida.Gaku Nakanishi, President & CEO, Honda Cars India said, "Despite an uptick in sales in the last three months, the current market conditions remain unpredictable for the industry at large. The impact of COVID-19 has pressed us to strengthen our constitution, and to achieve the same, HCIL has decided to consolidate its manufacturing operations by making the Tapukara plant a unified manufacturing base.HCIL continues to believe in the resilience of the Indian...

Avaloq’s Acquisition by NEC Successfully Completed

ruth 23 12 月

5 minutes

TOKYO, Dec 23, 2020 - (JCN Newswire) - Avaloq, a Swiss-based global leader in digital banking solutions and wealth management technology, and Japan-based NEC Corporation today announced the closing of NEC's acquisition of Avaloq. Each being a market leader in their own field, the combination of their shared vision, technological strengths, and global presence, will accelerate both companies' long-term growth, global expansion and value creation strategy.This acquisition was first announced in October 2020, and following receipt of the relevant regulatory approvals, the acquisition was completed on December 22, 2020. NEC now holds 100% of Avaloq's shares, including the 45% previously held by private equity firm Warburg Pincus, as well as the remaining shares held by Avaloq's founder Francisco Fernandez and by employees. Founded in 1985, Avaloq provides powerful cloud solutions for banks and wealth managers around the globe through business process as a service (BPaaS) and software as a service (SaaS) along with on-premise solutions. Avaloq's vision for the future of wealth management is to maintain the human relationship an investor has with an advisor, to enhance the relationship t...

MITSUBISHI MOTORS Starts First Overseas Production of OUTLANDER PHEV in Thailand

ruth 23 12 月

3 minutes

TOKYO, Dec 23, 2020 - (JCN Newswire) - MITSUBISHI MOTORS CORPORATION (MMC) started local production of the OUTLANDER PHEV, a plug-in hybrid EV (PHEV), at the Laemchabang Factory of MITSUBISHI MOTORS THAILAND, a local production and sales company in Thailand. A ceremony to commemorate the line-off of the first local production OUTLANDER PHEV was held on December 21st. The vehicle is scheduled to be delivered in the country in January.MMC decided to start its first overseas production of the OUTLANDER PHEV model in Thailand because of the potential for growth in the Thai automobile market due to its promotion of electric mobility and the high production capacity of the Laemchabang Factory."MITSUBISHI MOTORS provides PHEVs to the ASEAN region based on increasing global awareness of environmental issues," said Takao Kato, chief executive officer of MMC. "I am extremely happy to be able to deliver locally-produced OUTLANDER PHEVs to our customers in Thailand as a new part of our electric vehicle business."The OUTLANDER PHEV is the flagship MITSUBISHI MOTORS model that merges electro-mobility with four-wheel control technology to provide powerful and smooth driving with the quietness and...

Toyota Shows e-Palette Geared Towards Practical MaaS Applications

ruth 22 12 月

5 minutes

Toyota City, Japan, Dec 22, 2020 - (JCN Newswire) - Toyota Motor Corporation has announced an operations management system to support the providing of services that will enable practical use of the e-Palette, a battery-electric vehicle for autonomous mobility as a service (Autono-MaaS) applications(1) that will realize future mobility services. In collaboration with a range of partners, it is also planning to operate the vehicles in Woven City, a fully connected prototype city, while targeting commercial use in multiple areas and regions in the early 2020s.When announcing his goal to transition Toyota to a mobility company at the January 2018 CES, President Akio Toyoda also announced the e-Palette as a symbol of mobility that goes beyond cars to provide customers services and new value. The e-Palette, with automated driving functions, had its debut at last year's Tokyo Motor Show. It will provide a loop-line bus transportation service for athletes and related staff in the Olympic and Paralympic villages at the Olympic and Paralympic Games Tokyo 2020 that was postponed until July next year.The spread of COVID-19 this past year has changed the way we live our lives, creating more div...

Hitachi Automotive Systems Stereo Camera with Lane Keep Assist Adopted by Suzuki for their ‘XBEE’ with Enhanced Safety Devices

ruth 18 12 月

3 minutes

TOKYO, Dec 18, 2020 - (JCN Newswire) - Hitachi Automotive Systems, Ltd. today announced that its stereo camera, with lane keep assist and nighttime pedestrian detection features, has been adopted by Suzuki Motor Corporation for their "XBEE". Launched in October 2020, the "XBEE" is a mini passenger vehicle with enhanced safety features.In recent years, the adoption of collision avoidance braking systems in automobile safety design has accelerated due to their effectiveness in mitigating traffic accidents. The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) plan to make it mandatory for all new passenger vehicles produced in Japan to have collision avoidance brakes from 2021. Automobile safety has been improving with the application of automatic brakes and the increased adoption of advanced safety features, such as pedestrian detection and protection systems. These trends are expected to promote an increase in consumer demand for new vehicles.The "XBEE" is the first Suzuki vehicle to adopt a "Lane Keep Assist Function(1)" which keeps the vehicle close to the center of the lane. Other advanced driver assistance systems (ADAS) adopted in the "XBEE" include "Adaptive Crui...

Eisai Completes Construction of the 5th Manufacturing Building at Kawashima Industrial Park in Japan

ruth 18 12 月

2 minutes

TOKYO, Dec 18, 2020 - (JCN Newswire) - Eisai Co., Ltd. announced that it has completed construction of the 5th manufacturing building at the Kawashima Industrial Park located in Gifu Prefecture, Japan.External views of the 5th manufacturing buildingThe 5th manufacturing building is a facility specifically designated for formulating anti-cancer drugs (total floor area: approximately 4,500m2). Since anti-cancer drugs are highly active, this building is designed to make it possible to manufacture anti-cancer agents more safely, with various preventive features for controlling highly active substances, such as preventing cross-contamination of agents and exposure to workers. Eisai plans to manufacture its in-house discovered and developed anti-cancer agent Lenvima, which are in increasing demand worldwide, at this facility from FY2021. We also secure space for further installation of manufacturing equipment for other anti-cancer drugs within this building. The total investment for the construction of the 5th manufacturing building is approximately 5 billion yen.The Kawashima Industrial Park, opened in 1966, is Eisai?s global pharmaceutical manufacturing base. In addition, this Industri...

NEC Completes Submarine Cable System for BSNL Connecting Chennai, India and the Andaman & Nicobar Islands

ruth 18 12 月

3 minutes

TOKYO, Dec 18, 2020 - (JCN Newswire) - NEC Corporation India (NEC India) today announced the successful completion of the flagship optical submarine cable system connecting Chennai, India and the Andaman & Nicobar Islands (A&N Islands) for Bharat Sanchar Nigam Limited (BSNL), a Government of India Enterprise. NEC Corporation (TSE: 6701), the parent company of NEC India, manufactured the optical submarine cable and provided technical assistance during the turnkey implementation.Commenting on the successful completion of the project, Aalok Kumar, President & CEO, NEC Corporation India said, "Completion of this important project marks a major milestone in NEC's journey of partnering with the Government of India to realize their vision of a truly connected India. NEC has been steadfast in its commitment to deliver excellence in innovation in all our areas of operation and this project is a testament to our unwavering dedication. We are hopeful that the internet connectivity will open a wide range of opportunities for the people on the islands."Spanning approximately 2,300km with 100Gb/s optical waves, the cable system connects Chennai to Port Blair and the islands of Havelo...

Hitachi ABB Power Grids launches all-new remote terminal unit to support grid modernization and renewables integration

ruth 17 12 月

3 minutes

TOKYO, Dec 17, 2020 - (JCN Newswire) - Hitachi ABB Power Grids has announced the launch of the RTU530, an all-new Remote Terminal Unit (RTU) that builds on the established reliability and efficiency of the RTU500 series.The RTU introduces new advanced functionality, including faster processing capabilities and a simple and user-friendly interface. With its advanced features and digital capabilities, the RTU530 enables faster decisions, reliable grid operations and supports customers with their efforts to decarbonize, modernize, and secure their electric grids."Growing grid complexity is prompting distribution utilities to move quickly to make their grids smarter and to keep up with the dynamic energy market," said Claus Vetter, global product group manager, Automation and Communication, Grid Automation business unit."The RTU530 provides a future-proof platform to enable the digitalization of distribution networks and helps customers make the transition to a future grid. It includes a wide set of applications and delivers reduced total cost of ownership and greater product quality, as compared to single-purpose devices," he added.The RTU530 extends the life of existing power distrib...

Arcelik and Hitachi Global Life Solutions Announce their Intention to Form a Joint Venture in the Global Home Appliances Business (excluding Japan)

ruth 17 12 月

6 minutes

TOKYO, Dec 17, 2020 - (JCN Newswire) - Today Arcelik A.S. (ARCLK:IST, "Arcelik") and Hitachi Global Life Solutions, Inc. (Hitachi GLS) have signed a share purchase agreement to establish a new joint venture company. As part of the transaction, Hitachi GLS will establish a new company into which it will transfer its global home appliances business outside of Japan. Arcelik will acquire 60% ownership in the new company, which both partners aim to establish in the spring of 2021, subject to regulatory approvals and satisfaction of other customary conditions.The transaction value is calculated as USD 300 million on a cash-free and debt-free basis for 60% of the business, which is subject to customary adjustments based on the balance of net debt, net working capital of the Company, and minority shares adjustment for the outstanding minority shares as of the closing date.Arcelik and Hitachi GLS plan to build a competitive value chain leveraging the complementarity of both companies' strategies and create growth opportunities that will increase their access to new markets, enhance their product ranges and sales capabilities, while delivering increased competitiveness across supply chain a...

NEC Holds No.1 Position for 6 Years in a Row as Worldwide Leader in the Small and Medium-Sized Business Call Control (PBX-IP PBX) Market

ruth 17 12 月

2 minutes

TOKYO, Dec 17, 2020 - (JCN Newswire) - NEC, a global leader in Communications & IT solutions, today announced that it now, for six years in a row, is recognized as the global #1 for SMB (Small and Medium Business) Communications Systems. This success underscores the strength of NEC's portfolio, the company's commitment to expanding its global enterprise communications footprint and the ability to serve customers to the fullest satisfaction.NEC has a long history and legacy in communications for over 120+ years and remains committed to the Unified Communications market for SMB and Enterprise with, at the core, its UNIVERGE communications portfolio SL, SV, 3C premise-based solutions and its new generation UNIVERGE BLUE UCaaS cloud-based solution offering.Fundamental pillarsMZA's (new windowwww.mzaconsultants.com) reporting on the global Call Control market shows that NEC has led all manufacturers in global shipments in the SMB segment for the last 6 years*. With a present market share of 17%, NEC is well ahead of all other companies in that segment.Expertise and innovative strength combined with the company's dedication, reliability and financial viability are fundamental pillars...

LENVIMA (lenvatinib) Plus KEYTRUDA (pembrolizumab) Combination Demonstrated Statistically Significant Improvement in OS, PFS and ORR

ruth 17 12 月

4 minutes

TOKYO, Dec 17, 2020 - (JCN Newswire) - Eisai Co., Ltd. and Merck & Co., Inc., Kenilworth, N.J., U.S.A. (known as MSD outside the United States and Canada) today announced that the pivotal Phase 3 Study 309/KEYNOTE-775 trial evaluating the investigational use of LENVIMA, the orally available multiple receptor tyrosine kinase inhibitor discovered by Eisai, plus KEYTRUDA, the anti-PD-1 therapy from Merck & Co., Inc., Kenilworth, N.J., U.S.A., met its dual primary endpoints of overall survival (OS) and progression-free survival (PFS) and its secondary efficacy endpoint of objective response rate (ORR) in patients with advanced endometrial cancer, following at least one prior platinum-based regimen. These positive results were observed in the mismatch repair proficient (pMMR) subgroup and the intention-to-treat (ITT) study population, which includes both patients with endometrial carcinoma that is pMMR as well as patients whose disease is microsatellite instability-high (MSI-H)/mismatch repair deficient (dMMR). Based on an analysis conducted by an independent Data Monitoring Committee, LENVIMA plus KEYTRUDA demonstrated a statistically significant and clinically meaningful impro...

Fujitsu Develops Technology to Discover Characteristic Causal Relationships of Individual Data in Medicine, Marketing, and More

ruth 17 12 月

8 minutes

KAWASAKI, Japan, Dec 17, 2020 - (JCN Newswire) - Fujitsu Laboratories, Ltd. has successfully developed a technology that uses AI to discover the characteristic cause-and-effect relationships in various pieces of data relating to people and things in a variety of fields, with possible applications in medicine, marketing, manufacturing, and more. Image of the developed technologyThe technology specifically addresses the need to isolate and identify characteristics from data in different real-world scenarios. In the medical field, for example, it is necessary to identify the characteristic genes that affect the development of cancer in individual patients. In the field of marketing, sales representatives need to find the characteristic factors that lead individual customers to make a purchase. Fujitsu has developed a technology to discover the characteristic causality of individual pieces of data by quickly extracting all the groups of data that have a common correlation from an entire dataset, and evaluating the causality of each group of data to find the characteristic causality. In a recent trial demonstration, Fujitsu applied the technology to the gene expression data of colorecta...

NEC Selected by Telefónica Germany as System Integrator for First Open RAN Pilot in Germany

ruth 16 12 月

3 minutes

TOKYO, Dec 16, 2020 - (JCN Newswire) - Telefónica Germany / O2 and NEC Corporation (TSE: 6701) announced today that NEC, working with its ecosystem of partners, has been selected by Telefónica Germany / O2 as its favored full-service system integrator for the first Open RAN pilot system in Germany. The system has already successfully completed a first call via Open RAN on a live O2 mobile network in the Bavarian city of Landsberg am Lech.During the pilot, NEC will help to define a customized Open RAN architecture, optimized and adapted to the requirements of the mobile network of Telefónica Germany. As the system integrator for this pilot, NEC coordinates the overall design of the Open RAN system and ensures the delivery of a solid end-to-end solution. This is being carried out in collaboration with industry leaders that include ADVA, Altiostar, GigaTera Communications, Intel, Red Hat, Supermicro and Xilinx."The key to success in implementing a first Open RAN pilot lies in the knowledge of an experienced system integrator," said Mallik Rao, CTIO of Telefónica Germany. "NEC and its subsidiary Netcracker have proven their expertise through multiple...

Sharp Builds Mega Solar Power Plant in Binh Dinh Province, Vietnam

ruth 14 12 月

2 minutes

Vietnam, Dec 14, 2020 - (JCN Newswire) - Sharp Energy Solutions Corporation (SESJ)(3) announces the completion of a mega solar power plant in Binh Dinh Province, Vietnam. The project was a collaboration with multiple partners, including power generating company Viet Nam Viet Renewable Energy Joint Stock Company(4) and local construction company as well as co-owner of the project NSN Construction and Engineering Joint Stock Company(5).Completed solar power plantThe new plant has an output of approximately 50 MW-dc, with annual power generation capacity estimated at 82,506 MWh/year. This is equivalent to the amount consumed in a year by about 43,700 average Vietnamese households. SESJ has so far constructed six solar power plants in Vietnam, for a combined capacity of approximately 290 MW-dc. This new plant will raise the total capacity to approximately 340 MW-dc. The Vietnamese government has formulated a plan(6) to raise solar power generation capacity in the country to 12,000 MW by the year 2030. SESJ will leverage the technologies and know-how it has gained from the construction of power plants around the world and remains committed to spreading renewable energy in Vietnam.(1) Ca...

Osaka University to Start Operation of NEC’s Cloud-linked Supercomputer System

ruth 14 12 月

5 minutes

TOKYO, Dec 14, 2020 - (JCN Newswire) - The Cybermedia Center, Osaka University, in cooperation with NEC Corporation (NEC; TSE: 6701), announced today it will introduce a new cloud-linked High Performance Computing (HPC) and High Performance Data Analysis (HPDA) supercomputer system from NEC. This will replace the existing system provided by NEC, and is scheduled to commence operation in May 2021.The new supercomputer system is composed of 1,520 general-purpose CPU nodes, each of which is a state-of-the-art general-purpose computational node with a 3rd Gen Intel Xeon Scalable processor (codename Ice Lake) featuring Intel Deep Learning boost technology, 42 GPU nodes, each of which is equipped with eight NVIDIA A100 Tensor Core GPUs that accelerate workload for AI, data analytics, HPC, and visualization and 36 VECTOR nodes, each of which features eight NEC SX-Aurora TSUBASA units that allow faster and highly efficient simulation of weather, seismic, hydraulic, and other phenomena. The new system is a hybrid supercomputer system that can deliver a theoretical performance of higher than 16 petaflops, centered on a storage appliance equipped with DDN EXAScaler high-performance parallel f...

NEC Accelerates Commercial-ready 5G Ecosystem Development at its CoE Open RAN Laboratory

ruth 14 12 月

5 minutes

TOKYO, Dec 14, 2020 - (JCN Newswire) - NEC Corporation (TSE: 6701) announced today its establishment of an Open RAN laboratory in India as a complement to its Center of Excellence (CoE) in the U.K.The facility will accelerate development of NEC's 5G open ecosystem by pre-integrating partner Open RAN components to form end-to-end commercial-ready solutions according to customer-specific needs. The solutions will undergo end-to-end practical validations on functional/operational performance and quality assurance throughout all layers of the RAN, from network and cloud to service layers. The lab will also be responsible for post-deployment trouble-shooting, life cycle management as well as continuous integration (CI), and continuous delivery (CD) of solutions.NEC is committed to developing highly reliable, high-quality end-to-end solutions leveraging its expertise accumulated through its long-term experience in the telecom industry and proven capabilities to develop, deliver and operate carrier-grade commercial products and networks across the globe. NEC's capabilities are further enhanced by the orchestration, digital OSS, and automation technologies of its subsidiary Netcracker, res...

Toyota Moves Closer to Production with Next Generation Fuel Cell Electric Technology for Zero-Emissions Heavy Duty Trucks

ruth 11 12 月

2 minutes

Texas, Dec 11, 2020 - (JCN Newswire) - Toyota's next generation fuel cell electric technology is now powering a new set of Class 8 heavy-duty trucks. Using the same fuel cell system as the all-new 2021 Mirai sedan that goes on sale this month, the engineers at Toyota Motor North America Research and Development have developed a set of production-intent prototype trucks that are being prepared to run drayage routes at the ports of L.A. and Long Beach to validate their performance, efficiency and drivability.Designed to be flexible enough to meet the needs of a wide variety of OEM truck makers, the new fuel cell electric system in the latest prototypes has been adapted to a Kenworth T680 chassis. A more compact hydrogen storage cabinet behind the cab houses six hydrogen tanks with the same capacity as previous prototypes while a new, more powerful lithium-ion battery helps smooth out the power flow to the electric motors. In this configuration, the second generation fuel cell system delivers over 300 miles of range at a full load weight of 80,000 lbs., all while demonstrating exceptional drivability, quiet operation, and zero harmful emissions."This is an important step in the transi...

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