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Showa Denko Announces 2020 Third Quarter Financial Results

TOKYO, Nov 5, 2020 - (JCN Newswire) - Showa Denko K.K. (SDK; TSE:4004) today announced its 2020 third quarter financial results. - 2020 Third Quarter Consolidated Financial Statements and summaryhttps://www.sdk.co.jp/assets/files/english/ir/library/fss2020-3q.pdfAbout 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-purity gases and chemicals for semicon and other industries, the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory/graphite electrodes and fine carbon products. The Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high bright LEDs, and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/. Copyright 2020 JCN Newswire. All rights reserved....

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NEC Selected as a Vendor for NTT DOCOMO’s Standalone 5G Mobile Core

TOKYO, Nov 5, 2020 - (JCN Newswire) - NEC Corporation (TSE: 6701) today announced its selection by NTT DOCOMO, Inc. as a vendor of a 5G mobile core network (5GC) compatible with Standalone (SA) 5G that NTT DOCOMO plans to launch in 2021. NEC 5GC Use CaseContribution to NTT DOCOMO's core networkIn addition to the 5GC, NEC will provide a compact user data processor, the "UPF mini"(1), as part of driving further development of NTT DOCOMO's SA 5G, and meeting the diverse network needs of the 5G era, including support for 5G features such as enhanced Mobile Broadband (eMBB), massive Machine Type Communications (mMTC), and Ultra-Reliable and Low Latency Communications (URLLC).This SA 5GC features flexible operations, enabled by the adoption of container technology(1), in addition to the virtualization adopted by virtualized Evolved Packet Core (vEPC). Moreover, the SA 5GC enables the provision of sliced networks that are ideal for the various services that take advantage of 5G features, while also improving scalability. This SA 5GC is also provided in the cloud, as NEC promotes its expansion into the global market. In addition, the UPF mini data processor is smaller and saves more power ...

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New MHIAEL Nagasaki Plant for Aero Engine Components Completed at Nagasaki Shipyard & Machinery Works

TOKYO, Nov 4, 2020 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has completed construction of a new factory for aircraft engine components at its Nagasaki Shipyard & Machinery Works. Mitsubishi Heavy Industries Aero Engines, Ltd. (MHIAEL), which handles the aero engine business of MHI Group, began operations at the facility in November 2020 as its Nagasaki Plant, and is gradually expanding production. The factory will mainly manufacture engine components for short and medium range commercial aircraft, with further expansion planned to grow as a new facility for the aero engine business once aircraft demand resumes following recovery from the coronavirus crisis.New MHIAEL Nagasaki Plant and Opening ceremonyThis new factory, part of the redevelopment of the Nagasaki area, plays a role as a production center that takes over MHI's history of manufacturing, extending "From the Past - To the Present - To the Future." The opening ceremony, held at the factory site on November 4, was attended by such distinguished guests as Kenzo Yoneda, Director of the Kyushu Bureau of Economy, Trade and Industry, as well as Nagasaki Governor Hodo Nakamura, and Nagasaki Mayor Tomihisa Ta...

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First Japan-built LNG-fueled PCC with FGSS Supplied by Mitsubishi Shipbuilding Has Entered Service

TOKYO, Nov 4, 2020 - (JCN Newswire) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries, Ltd. (MHI) Group, has completed installation of the first unit of an LNG (liquefied natural gas) fuel gas supply system (FGSS) for marine dual fuel engines, delivered in November last year, on the pure car carrier (PCC) built by Shin Kurushima Toyohashi Shipbuilding Co., Ltd. The first LNG-fueled PCC built in Japan was delivered to Nippon Yusen Kabushiki Kaisha on October 28, 2020, and has entered service. During the construction period after the delivery of the FGSS, Mitsubishi Shipbuilding maintained close cooperation with the shipyard and supported the successful delivery of the ship by conducting various adjustments and commissioning of the FGSS.LNG-fueled PCC "SAKURA LEADER"FGSS moduleMitsubishi Shipbuilding supported the shipyard by providing the relevant engineering services and technical support relating to the gas handling of the LNG-fueled PCC, as well as dispatching highly experienced engineers for a part of installation work and the gas testing. Engineers were also dispatched last month during the LNG fueling, the first ship-to-ship bunkering in Japan. The sam...

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Hitachi Announces Lumada Alliance Program to Drive Economic, Social, Environmental and Quality of Life Innovation

TOKYO, Nov 4, 2020 - (JCN Newswire) - Hitachi, Ltd. (TSE:6501), today announced a new global partner program, the Lumada Alliance Program, that will bring together industry-leading partners from the domains of information technology, operational technology, vertical industries, academia, and government to collaborate on digital solutions that deliver economic growth as well as social, environmental, and quality of life innovations. Lumada is the name of Hitachi's advanced digital solutions and services for turning data into insights that drive digital innovation.Through its Social Innovation Business strategy, Hitachi aims to create new value and resolve social issues. The new Lumada Alliance will focus on co-creating digital solutions that combine Hitachi's deep expertise in IT, energy, mobility, smart life, and industry, with the unique capabilities and technologies of Lumada Alliance members. Hitachi President and CEO Toshiaki Higashihara announced the new program today at Hitachi's annual Social Innovation Forum event."This program will allow us to pursue collaborative creation and build a value-generating ecosystem together with all our diverse partners across industry lines, ...

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MITSUBISHI MOTORS New Environmental Plan Seeks 40% CO2 Emissions Reduction and 50% Ratio of Electric Vehicles by 2030

TOKYO, Nov 3, 2020 - (JCN Newswire) - MITSUBISHI MOTORS CORPORATION (MMC) has formulated a new Environmental Plan for the next 30 years. To contribute to realizing a society with net zero carbon dioxide (CO2) emissions in 2050, the company aims for 40 percent reduction in the CO2 emissions from its new cars and business activities, and raising the proportion of electric vehicles in the total sales to 50 percent by 2030. MMC will be fulfilling its responsibility as a manufacturer and seller of automobiles to make ongoing contributions toward a future dynamic, sustainable society.Considering social trends since the adoption of the Paris Agreement, this new Environmental Plan takes a medium- to long-term perspective. The plan is comprised of three parts--MMC's Environmental Policy, which was revised to incorporate a medium- to long-term outlook; Environmental Vision 2050, which defines the vision of society and the direction of MMC's initiatives toward 2050; and Environmental Targets 2030, which set out specific targets to achieve by 2030 in order to realize the vision.For the full report, please visit https://www.mitsubishi-motors.com/en/newsrelease/2020/detail1300.html.About Mitsubi...

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Olympus announces acquisition of FH ORTHO, an international orthopedics company in France

Tokyo/Hamburg, Nov 2, 2020 - (JCN Newswire) - Olympus Corporation (Director, Representative Executive Officer, President and CEO: Yasuo Takeuchi) today announced that it has acquired FH ORTHO SAS, an international orthopedic company headquartered in Heimsbrunn, France, following the close of a definitive agreement the two companies signed in the summer of 2020. The acquisition underscores Olympus' commitment to expanding in the growing field of orthopedic minimally invasive surgery (MIS) both organically and through mergers and acquisitions, with the overarching goal of developing innovative solutions that improve clinical outcomes, reduce overall costs and enhance quality of life for patients.By acquiring FH ORTHO, Olympus builds on its portfolio of innovative and patient-focused solutions that are used in MIS procedures in ligament repair, foot & ankle, and trauma surgery.Olympus is already active in orthopedics in Japan, where its joint venture Olympus Terumo Biomaterials Corp. distributes products such as bone substitutes and high tibial osteotomy (HTO) plates and screws. Beyond this, Olympus has also developed the first ultrasound device indicated for arthroscopic surgery,...

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SPARX Group, Toyota, Sumitomo Mitsui Banking Corporation, MUFG Bank, and Mizuho Bank Form Partnership to Establish a New Fund

TOKYO, Nov 2, 2020 - (JCN Newswire) - SPARX Group Co., Ltd., Toyota Motor Corporation, Sumitomo Mitsui Banking Corporation, MUFG Bank, Ltd., and Mizuho Bank, Ltd. announced today that they have signed a memorandum of understanding (MOU) to establish a new fund.The fund will aim to invest in companies that are related to Japanese monozukuri (manufacturing). The partnership's primary purpose is to contribute to the development of Japanese monozukuri by helping the companies with superior technology and human resources implement the Toyota Production System (TPS) and formulate management strategies, through the sustainable growth of these companies.This objective is in line with the SDGs that the international community is addressing (including "decent work and economic growth" and "industry, innovation, and infrastructure"). Thus, the partnership will contribute to society by improving competitiveness in Japanese monozukuri in the face of the prolonged impact of COVID-19.Furthermore, the five-firm partnership will consider the details of the size of the investment, other investors, and investment targets, with the goal of establishing the fund in early December.About Toyota Motor Cor...

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Hitachi Rail and Mitsubishi Corp to Deliver Metro de Panama Line 3 worth JPY 92.0 Billion

TOKYO, Oct 31, 2020 - (JCN Newswire) - Hitachi, Ltd., Hitachi Rail STS S.p.A. (Hitachi Rail) and Mitsubishi Corporation (MC) have signed an approximately JPY 92.0 billion (USD 879 million) contract with HPH Consortium, the prime contractor for Panama Metro Line 3. Line 3 is a 25 km, elevated double-track monorail system, which will include 14 new stations.Image of a monorail system for Line 3 of Panama MetroHitachi and Hitachi Rail will provide 28 six-car vehicles (168 cars), the signaling systems, telecommunication systems, power systems, control center, platform screen doors and depot equipment for the monorail while MC will manage the administration of the project.When it opens in mid 2025, Line 3 of Panama Metro will transform the way people in Panama move, work and live. The monorail will move its passengers through the urban core and fast-growing west side of Panama City with ease before crossing the Panama Canal to tackle the route's many hills and steep grade. With breathtaking panoramic views, this line is expected to serve hundreds of thousands of passengers per year. Approximately 800 local jobs are expected to be created during the development of Line 3.As traffic conge...

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Agreement on New Business and Capital Alliance between Toyota Motor Corp and KDDI

TOKYO, Oct 30, 2020 - (JCN Newswire) - Toyota Motor Corporation and KDDI Corporation have agreed on a new business and capital alliance today with the purpose of further strengthening the relationship between the two companies. Details of the agreement follow.BackgroundSince KDDI's founding in October 2000 through the merger of Daini Denden Inc. (DDI), KDD Corporation, and IDO Corporation, Toyota has been KDDI's second largest shareholder (with 12.95% of shares held as of September 2020). Since 2002, Toyota and KDDI have cooperated on G-BOOK and other services for the telematics business of Toyota. In addition, prompted by the increase in internet-connected vehicles - connected cars - the two companies have been working together since 2016 to build a global communications platform, independent of existing roaming services, to ensure stable high-quality telecommunications around the globe between vehicle communications devices and cloud services. In this and other ways, the companies have been accelerating initiatives to provide safety and comfort through the integration of vehicles and telecommunications.Details of the Business AllianceThe companies are also accelerating new initia...

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Bitterz: a Japanese crypto exchange launching today is giving away Bitcoin

TOKYO, Nov 1, 2020 - (JCN Newswire) - Today (November 1), on behalf of Bitterz LLC (Hinds Building, Kingstown, St. Vincent and the Grenadines), we are pleased to announce that our global crypto exchange Bitterz in Japan will start to provide services to our customers in China, Hong Kong and Taiwan.To celebrate the grand opening, we are currently offering $50 worth of bitcoins to all customers who open a new account (free of charge). We hope that you will enjoy the experience of trading with our Japanese crypto exchange with these bitcoins.Bitterz Official Websitehttps://bitterz.com/refs/top/10458[Main features of Bitterz]1. A safe environment to continue tradingBitterz is a completely Japanese crypto exchange, which is rare among global exchanges. We offer a trading environment suitable for accumulating wealth, with a leverage of 200 times at most, a zero-cut system, and a reliable support system.2. All the developers are JapaneseBitterz's system development team is all Japanese and was formerly a group of engineers from a large, privately held company.3. MT5: a specialized tool in cryptocurrencyWith the fast response of MT5, we have achieved a stress-free trading environment. You ...

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Hitachi Rail and Mitsubishi Corporation to Deliver Metro de Panama’s Line 3 worth JPY 92.0 Billion

TOKYO, Oct 31, 2020 - (JCN Newswire) - Hitachi, Ltd., Hitachi Rail STS S.p.A. (Hitachi Rail) and Mitsubishi Corporation (MC) have signed approximately JPY 92.0 billion contract with HPH Consortium, the prime contractor for Panama Metro Line 3. Line 3 is a 25 km, elevated double-track monorail system, which will include 14 new stations.Image of a monorail system for Line 3 of Panama MetroHitachi and Hitachi Rail will provide 28 six-car vehicles (168 cars), the signaling systems, telecommunication systems, power systems, control center, platform screen doors and depot equipment for the monorail while MC will manage the administration of the project.When it opens in mid 2025, Line 3 of Panama Metro will transform the way people in Panama move, work and live. The monorail will move its passengers through the urban core and fast-growing west side of Panama City with ease before crossing the Panama Canal to tackle the route's many hills and steep grade. With breathtaking panoramic views, this line is expected to serve hundreds of thousands of passengers per year. Approximately 800 local jobs are expected to be created during the development of Line 3.As traffic congestion in big cities h...

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Agreement on New Business and Capital Alliance between Toyota Motor Corporation and KDDI Corporation

TOKYO, Oct 30, 2020 - (JCN Newswire) - Toyota Motor Corporation and KDDI Corporation have agreed on a new business and capital alliance today with the purpose of further strengthening the relationship between the two companies. Details of the agreement are as follows:BackgroundSince KDDI's founding in October 2000 through the merger of Daini Denden Inc. (DDI), KDD Corporation, and IDO Corporation, Toyota has been KDDI's second largest shareholder (with 12.95% of shares held as of September 2020). Since 2002, Toyota and KDDI have cooperated on G-BOOK and other services for the telematics business of Toyota. In addition, prompted by the increase in internet-connected vehicles--connected cars--the two companies have been working together since 2016 to build a global communications platform, independent of existing roaming services, to ensure stable high-quality telecommunications around the globe between vehicle communications devices and cloud services. In this and other ways, the companies have been accelerating initiatives to provide safety and comfort through the integration of vehicles and telecommunications.Details of the Business AllianceThe companies are also accelerating new ...

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MHI to Issue First Green Bond

TOKYO, Oct 30, 2020 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) today submitted a revised shelf registration statement to the Director-General of the Kanto Local Finance Bureau in preparation for its planned issuance of a corporate green bond(1) in the Japan market. The move represents the Company's first issuance of this kind.MHI Senior Vice President and Chief Financial Officer (CFO) Hisato Kozawa described the significance of the Company's first green bond issuance as follows: "Since its founding, MHI has contributed to progress in society with myriad products and technologies. The funds raised by issuing this green bond will be used to address environmental issues and thereby facilitate achievement of a decarbonized society, and we believe we can contribute to that society by providing a well-balanced energy infrastructure. In this way, the green bond issuance will help resolve energy issues as a means of achieving decarbonization, a cornerstone of our materiality initiatives."1. Objectives and BackgroundMHI contributes to the resolution of global issues through worldwide provision of products and technologies that support infrastructure, both improving people's ...

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Fujitsu Honored with Top Award in Recognition of Achievements to Promote Work-Style Transformation through Remote-Working for the ‘New Normal’ Era

TOKYO, Oct 30, 2020 - (JCN Newswire) - Fujitsu today announced it has been recognized with the Minister of Internal Affairs and Communications Award, receiving the highest award in the "Top 100 Telework Pioneers" contest sponsored by Japan's Ministry of Internal Affairs and Communications.The Ministry evaluated Fujitsu highly on its response to the COVID-19 pandemic, which included a rapid effort to achieve unprecedented levels of remote-working during the state of emergency announced earlier this year. Fujitsu was additionally commended for the recent roll-out of its "Work Life Shift" initiative and related activities to promote remote-working and reimagine the concept of work for the "New Normal" era. Going forward, Fujitsu will continue to demonstrate its leadership in the venue of work-style transformation, pursuing and promoting optimal ways of working to realize its Purpose(1) while contributing to the acceleration of digital transformation by providing customers with references for new ways of working that implemented internally."Top 100 Telework Pioneers" Contest: Minister of Internal Affairs and Communications AwardWith the aim of promoting the adoption of remote-working p...

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Vestas and Mitsubishi Heavy Industries Strengthen Partnership in Sustainable Energy

TOKYO, Oct 30, 2020 - (JCN Newswire) - Vestas Wind Systems A/S (Vestas), a world leader in sustainable energy solutions, and Mitsubishi Heavy Industries, Ltd. (MHI), a leading global manufacturing and engineering firm, have signed an agreement to expand their partnership in sustainable energy. The strengthened partnership entails that Vestas will acquire MHI's shares in the MHI Vestas Offshore Wind (MVOW) joint venture, and MHI will acquire 2.5 percent in Vestas and be nominated to a seat in Vestas' Board of Directors.Through the strengthened partnership, Vestas makes an emphatic long-term move in offshore wind energy to become a leading player in offshore wind by 2025 and to expand the two companies' overall leadership in sustainable energy. A new offshore wind turbine platform will also be imminently introduced to improve efficiency and drive the levelized cost of energy further down. The companies also aim to meet customer needs across a wider range of the value chain and increase their global leadership in sustainable energy solutions. To that end and underlining the long-term goal of the agreement, Vestas and MHI will also plan for collaborating in green hydrogen as well as a ...

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NEC Supports INTERPOL’s Virtual Cybercrime Investigation Training

TOKYO, Oct 30, 2020 - (JCN Newswire) - NEC Corporation (TSE: 6701) and Cyber Defense Institute, Inc., an NEC Group company, today announced their support for the INTERPOL Digital Security Challenge (DSC), a virtual cybercrime investigation event that took place from October 12 to 16. During the event, cybercrime investigation officers and experts in digital forensics from 50 countries came together to tackle a complex cybercrime scenario by exchanging knowledge and expertise. The DSC aims to improve the cybercrime investigation capabilities of the police forces in INTERPOL member states. This was the fourth time that the event was held, following its establishment in 2016, and 100 individuals representing 50 countries from all over the world attended online. Support for this event was based on a long-standing partnership between NEC and INTERPOL in the area of cybersecurity. This year, NEC and Cyber Defense Institute developed exercise scenarios, data for malware transmission terminals, and data for analysis. This was in addition to the provision of analytical environments for exercises, and operational support throughout the exercises. The event also addressed concerns related to ...

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Honda Sets Half of Fiscal Year Records for Automobile Production in China

TOKYO, Oct 30, 2020 - (JCN Newswire) - Honda Motor Co., Ltd. today announced a summary of automobile production, Japan domestic sales, and export results for for the first half of the current fiscal year (April 2020-March 2021) and the month of September 2020.World ProductionThe First Half of Current Fiscal Year- Production in Japan for the first half of the current fiscal year experienced a year-on-year decrease for the first time in five years.- Production in regions outside of Japan for the first half of the current fiscal year experienced a year-on-year decrease for the second consecutive year.- Worldwide production for the first half of the current fiscal year experienced a year-on-year decrease for the first time in nine years.September 2020- Production in Japan experienced a year-on-year increase for the first time in 13 months.- Production in regions outside of Japan experienced a year-on-year increase for the first time in two months.- Worldwide production experienced a year-on-year increase for the first time in 14 months.Sales in the Japanese MarketThe First Half of Current Fiscal Year- Total Japanese sales for the first half of the current fiscal year experienced a year...

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NEC to Host Inaugural NEC Visionary Week, a Fully Virtualized Conference and Exhibition

TOKYO, Oct 30, 2020 - (JCN Newswire) - NEC Corporation (TSE: 6701) today announced that it is hosting the NEC Visionary Week, which will be conducted entirely online, from November 12 to December 4, 2020.Themed "Co-creation for tomorrow, designing the future," this NEC flagship event will feature more than 80 conferences and programs, while digitally showcasing the company?s latest innovations and solutions in the fields of AI, Biometrics, Digital Government, 5G mobile communications and more.One of the highlights for international audiences will be the "Global Week," which will start from December 1 with a joint keynote by Mr. Takashi Niino, President and CEO, NEC Corporation, and Mr. Akihiko Kumagai, President of the Global Business Unit, NEC Corporation.During the Global Week, guests can also attend a series of presentations and sessions by leaders from world-renowned organizations, including Mr. Eric S. Yuan, Founder and CEO of Zoom Video Communications Inc., Mr. Jeffrey Goh, CEO of Star Alliance, and Ms. Enrica Porcari, Chief Information Officer of the United Nations World Food Programme (WFP).Mr. Makoto Enomoto, Chief Marketing Officer (CMO), NEC Corporation, said, "We have b...

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Fujitsu Strengthens Cyber-Security with AI Technology to Protect Against Deception Attacks

KAWASAKI, Japan, Oct 29, 2020 - (JCN Newswire) - Fujitsu Laboratories Ltd. today announced the development of a technology to make AI models more robust against deception attacks. The technology protects against attempts to use forged attack data to trick AI models into making a deliberate misjudgment when AI is used for sequential data consisting of multiple elements. Figure 1: simple process of generating simulated data attackFigure 2: image of automatic generation of simulated attack dataFigure 3 image of ensemble adversarial training techniquesFigure 4: evaluation of the newly developed technologyWith the use of AI technologies progressing in various fields in recent years, the risk of attacks that intentionally interfere with AI's ability to make correct judgments represents a source of growing concern. Many suitable conventional security resistance enhancement technologies exist for media data like images and sound. Their application to sequential data such as communication logs and service usage history remains insufficient, however, because of the challenges posed by preparing simulated attack data and the loss of accuracy. To overcome these challenges, Fujitsu has develope...