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Mitsubishi Power Receives Order for First Solid Oxide Fuel Cell in Europe

Duisburg/ Wolfsburg, Oct 29, 2020 - (JCN Newswire) - Mitsubishi Power has recently received an order to supply the first Solid Oxide Fuel Cell (SOFC) in Europe. The highly efficient hybrid system will be put into operation at the Gas- und Warme-Institut Essen e.V. (GWI) in Essen by March 2022. Among other things, flexible operation of the Hybrid-SOFC and the proportional use of hydrogen as a fuel gas are to be researched under real conditions.The system is part of the research project "KWK.NRW 4.0" and is funded by the state of North Rhine-Westphalia and the European Regional Development Fund (ERDF). The Solid Oxide Fuel Cell (Hybrid-SOFC) from Mitsubishi Power plays a central role in the project. The highly efficient system not only supplies electricity and heat but can also be used decentralized and independently of the existing power grid. Another key advantage of the Hybrid-SOFC: the system can be operated flexibly with various fuels - from natural gas to biogas and hydrogen.This Hybrid-SOFC can theoretically supply electricity to a large office building, a hospital or about 300 houses with electricity and heat. In addition to natural gas, liquefied natural gas and biogas, it c...

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Mazda Production and Sales Results for September 2020 and for April through September 2020

TOKYO, Oct 29, 2020 - (JCN Newswire) - Mazda Motor Corporation's production and sales results for September 2020 and for April through September 2020 are summarized below.I. Production1. Domestic Production(1) September 2020Mazda's domestic production volume in September 2020 decreased 1.7% year on year due to decreased production of passenger and commercial vehicles.[Domestic production of key models in September 2020]CX-5: 30,964 units (up 15.3% year on year)MAZDA3: 13,377 units (down 14.5%)CX-3: 8,270 units (up 31.8%)(2) April through September 2020Mazda's total domestic production volume in the period from April through September 2020 decreased 45.8% year on year due to decreased production of passenger and commercial vehicles.[Domestic production of key models in the period from April through September 2020]CX-5: 110,800 units (down 45.5% year on year)MAZDA3: 37,129 units (down 61.3%)CX-3: 24,999 units (down 53.1%)2. Overseas Production(1) September 2020Mazda's overseas production volume in September 2020 increased 6.7% year on year, reflecting increased production of passenger vehicles.[Overseas production of key models in September 2020]MAZDA3: 13,436 units (up 8.5% year on ...

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Toyota’s Global Sales and Production Up Year-on-Year in September

Toyota City, Japan, Oct 29, 2020 - (JCN Newswire) - Even in the face of the COVID-19 crisis, which broke out early this year, Toyota has maintained corporate activities by implementing comprehensive measures to prevent infection and working in close cooperation with business partners including suppliers and dealers. In addition to these measures, Toyota has enjoyed the support of customers around the world who use Toyota vehicles, and as a result, in September both global sales and global production recovered and exceeded the previous year's levels.Global Sales- Results in September were driven primarily by sales in the U.S. and China, and global sales were up approximately 2 percent year-on-year.U.S.The market as a whole is trending toward recovery, and sales of the Camry, RAV4, and Lexus brand models were strong, resulting in a 16 percent year-on-year increase.ChinaIn addition to local motor shows and other measures to draw customers to dealers and enhanced measures to secure orders, strong sales of the Corolla, Levin, and other models also had an impact, and as a result, sales were up approximately 25 percent year-on-year, the sixth consecutive month of year-on-year increases.- ...

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DENSO Announces First-half Financial Results

TOKYO, Oct 29, 2020 - (JCN Newswire) - DENSO, a leading mobility supplier whose 2021 fiscal begins April 1, 2020, and ends March 31, 2021, today announced its global financial results for the first half of its fiscal year, ending September 30:- Consolidated revenue totaled 2,074.7 billion yen (US$19.6 billion), a 20.8 percent decrease from the previous year.- Consolidated operating profit totaled -69.6 billion yen (US$-658.1million).- Consolidated profit attributable to owners of the parent company totaled -71.1 billion yen(US$-672.2 million)."Revenues decreased due to a significant decline in vehicle sales in the first quarter as a result of COVID-19, and although there was a recovery trend from the second quarter, overall sales decreased in the first half. Operating income was in the black in the second quarter because of additional measures, but operating loss was recorded in the first half due to production volume decreases," said Yasushi Yamanaka, executive vice president of DENSO Corporation.In Japan, despite an increase in sales due to the transfer of the Hirose Plant and an increase in sales to Toyota Motor Corporation in the 2nd Quarter, sales revenue decreased to 1,324.8 ...

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MITSUBISHI MOTORS Starts Production of XPANDER in Malaysia

TOKYO, Oct 29, 2020 - (JCN Newswire) - MITSUBISHI MOTORS CORPORATION (MMC) has started production of its crossover MPV XPANDER in Malaysia. This is the third country where MMC produces the vehicle following Indonesia and Vietnam.The XPANDER is produced at Hicom Automotive Manufacturers (Malaysia) Sdn. Bhd., a vehicle assembly contractor in Malaysia, and will be sold from November this year through the sales network of Mitsubishi Motors Malaysia, the exclusive distributor of Malaysia.Since its launch in Indonesia in 2017, the XPANDER,--including the XPANDER CROSS--has been well received for its futuristic styling, comfort, and high driving performance. By the end of September 2020, the total sales volume for the series has reached approximately 270,000 units."We are very pleased to be able to deliver the XPANDER made in Malaysia to the country's customers," said Takao Kato, chief executive officer of MMC, on the launch of production. "We plan to have our plant in Indonesia, which is the main plant of XPANDER export more assembly parts for the local production in Malaysia, in addition to finished vehicles. MITSUBISHI MOTORS CORPORATION will contribute to the economic development of e...

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Trials of Jointly Developed Compact LNG Filling System to Commence in Hokkaido

TOKYO, Oct 28, 2020 - (JCN Newswire) - Mitsubishi Corporation (MC) and Air Water Inc. (Air Water) have jointly developed a compact LNG filling facility (Facility)(1) that can be used in space-limited logistics facilities. The equipment will be used to fuel heavy LNG-powered trucks.A compact LNG Filling Station and Heavy LNG TruckThis is the first portable filling system in Japan and the world's first off-grid power-generation system capable of fueling trucks with LNG even during power outages. Furthermore, by circulating hot water through its waste-heat recovery mechanism, the system can help to prevent freezing problems associated LNG operations in cold or highly humid regions.In November, MC and Air Water will begin testing the system in Hokkaido, where it will be used to fuel three heavy LNG trucks, one manufactured by Isuzu Motors Ltd. and the other two by Italian firm. With the cooperation of Hokkaido Electric Power Co., Inc., the partners plan to assess the system's overall effectiveness and how much it can reduce CO2 emissions and fuels costs typically generated by heavy trucks. The results of the tests will help the partners to determine whether or not to make the system co...

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Eisai to Present Latest Data on Pipeline Assets in the Area of Alzheimer’s Disease and Dementia at the 13th Clinical Trials on Alzheimer’s Disease Conference

TOKYO, Oct 28, 2020 - (JCN Newswire) - Eisai Co., Ltd. announced today that the company will conduct a total of 7 presentations, including the latest data of the investigational anti-amyloid beta (Abeta) protofibril antibody lecanemab (Development Code: BAN2401), at the 13th Clinical Trials on Alzheimer's Disease (CTAD) conference to be held virtually from November 4 to 7, 2020.Regarding lecanemab, Eisai will conduct four oral presentations. The first oral presentation will cover clinical study design and initial screening results of the newly initiated Phase III clinical study AHEAD 3-45 for preclinical Alzheimer's disease (AD) patients. The second oral presentation will cover the latest analysis results on expression of amyloid-related imaging abnormalities-edema (ARIA-E) from the Phase II study (Study 201) conducted on early AD patients. The third oral presentation will cover changes in brain-Abeta amounts and preliminary analysis results on ARIA-E expression as observed in the first 12-month treatment period of the ongoing open-label extension (OLE) study of Study 201. The fourth oral presentation will cover baseline characteristics of currently enrolled subjects in the Phase I...

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Eisai and JD Health Establish JV Company in China to Implement Health Service Platform

TOKYO, Oct 28, 2020 - (JCN Newswire) - Eisai Co., Ltd. and JD Health announced today that Eisai's Chinese subsidiary Eisai China Inc. and JD Health have established a joint venture company, Jingyi Weixiang (Shanghai) Health Industry Development Limited Company, to build a Health Service Platform for the elderly in China.In China, due to the aging population, as of the end of 2019 the elderly population over the age of 60 was 253.88 million, which accounted for 18.1 % of the total population of China1. With the rapid aging of the population, there is an increasing need for high-quality medical and nursing care for the elderly, and thus the provision thereof is an issue. The onlineization in the medical field utilizing digital technology is rapidly developing in China; for example, the ban on internet hospitals under private medical insurance has been lifted as of 20122.Eisai has over 35 years of experience in drug discovery activities in the area of Alzheimer's disease/dementia with a rich development pipeline thereof. Eisai also has an understanding of the true needs of those living with dementia and their families as derived from the marketing of anti-Alzheimer's agent Aricept, as...

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SDK to Split Its Optical Semiconductor Business

TOKYO, Oct 27, 2020 - (JCN Newswire) - Showa Denko (SDK; TSE:4004) decided at its Board of Directors' meeting today to split its business in optical semiconductors and rare earth alloys through an absorption-type company split effective January 1, 2021 (hereinafter "the Company Split"). Showa Denko Photonics Co., Ltd., a wholly-owned subsidiary of SDK, will succeed to the business.As the Company Split is to be implemented through a simplified absorption-type company split between SDK and its wholly-owned subsidiary, part of details is omitted in this disclosure.1. Objective of the Company SplitIn its medium-term business plan "The TOP 2021," SDK aims to establish itself as a "KOSEIHA Company," which means a group of KOSEIHA businesses that can maintain their profitability and stability at high levels over a long period. The optical semiconductor business is classified as one of the "Grow" businesses under the plan. SDK aims to expand the business in this growth market by providing products and technologies meeting customer needs, thereby developing it into one of its KOSEIHA businesses.To achieve this goal, SDK will make the business an operating company, increasing the speed of de...

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Hitachi: “Paperless & Office” Innovations to Achieve New Workstyles in the New Normal

TOKYO, Oct 27, 2020 - (JCN Newswire) - Hitachi, Ltd. (TSE:6501) announced today that it is undertaking efforts with a view toward adopting new workstyles under the "New Normal," in which a use of "Working from Home" will be the standard, starting from April 2021. Initiatives will include process innovations and office innovations, such as eliminating personal seals (commonly used in Japan in place of signatures), and reducing paper usage by about 500 million pages per year. At the same time, Hitachi will further promote a "Time- & Location-Free" workstyle, in which employees are not required to work at a specified office location.Hitachi will further encourage a diversification of workstyles, in which "Working from Home" serves as a driver for innovations. Furthermore, to draw out the full potential of each employee and increase productivity, it will apply frameworks based on job descriptions and performance management to further accelerate the transition to job-based human resources (HR) management, in which each employee's work, role, and the expected output are clearly defined.Main initiatives targeting new workstyles under the "New Normal"1. Process innovations eliminating ...

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Mitsubishi Corporation: Cross-Industry Investment by Seven Enterprises in New TradeWaltz Platform

TOKYO, Oct 27, 2020 - (JCN Newswire) - Seven Japanese enterprises are pleased to announce that they have agreed to jointly invest in TradeWaltz Inc. (TradeWaltz), the company that manages the trade data sharing platform that operated by the same name. Partaking in the investment are NTT DATA Corporation (NTT DATA), Mitsubishi Corporation (MC), Toyota Tsusho Corporation (Toyota Tsusho), Tokio Marine & Nichido Fire Insurance Co., Ltd. (Tokio Marine Nichido), MUFG Bank, Ltd. (MUFG), Kanematsu Corporation (Kanematsu), and Sompo Japan Insurance Inc. (Sompo Japan). TradeWaltz is headquartered in Tokyo's Chiyoda Ward. Its President & CEO is Mr. Hirohisa Kojima.Fig. 1. Conventional communications framework before rollout of TradeWaltzFig. 2. Centralized, cross-Industry management of trading operations following rollout of TradeWaltzTrading operations cover a wide range of products and involve numerous procedures, including documentation, consistency confirmations, and other work that can be costly to perform manually. Furthermore, considering multiple parties engaged in a single transaction, developing a system accurately and safely to share information has been a challenge faced b...

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MHI Opens “Yokohama Hardtech Hub”

TOKYO, Oct 27, 2020 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has opened Yokohama Hardtech Hub (YHH) in the Honmoku area of Yokohama (Kanagawa Prefecture) as a space for venture firms, manufacturing companies, local government bodies, educational institutions, and other organizations to come together for co-creation and development. It is intended as a central hub that will give rise to new technologies and businesses through co-creation, in order to generate and realize innovative ideas in hard tech(1) to be implemented in society.Yokohama Hardtech HubThe YHH will occupy a building on the site of the Honmoku Plant (Naka-ku, Yokohama) with equipment and facilities to meet the manufacturing requirements of hardtech companies, including cranes, power supplies, and other utilities, as well as an eight meter-high ceiling and high soil bearing capacity. The 20,000m2 co-creation hub also offers a multipurpose space suitable for hosting events, meeting rooms, and other facilities necessary for business.MHI will utilize the YHH as a space for innovation emergence centered on technology, and by fostering connections among a wide variety of participants, provide assistance f...

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Hitachi Named a Leader in 2020 Gartner Magic Quadrant for Industrial IoT Platforms

TOKYO, Oct 27, 2020 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501) and its digital infrastructure and solutions subsidiary Hitachi Vantara today announced that Hitachi was named a Leader in the 2020 Gartner Magic Quadrant for Industrial IoT Platforms based on Gartner Inc.'s evaluation of the company and its Lumada IoT software. Hitachi also received the highest placement in the 2020 Leaders quadrant for ability to execute. The company had previously been positioned in the Visionaries quadrant for the past two years."Hitachi is thrilled to be recognized as a Leader in Gartner's Magic Quadrant for Industrial IoT Platforms, which we feel is a positive testimony to our multi-year effort and investment in Lumada technology, solutions and services," said Brad Surak, president, Digital Solutions, Hitachi Vantara. "Lumada enables data-driven innovations that connect people, products, and processes for industrial transformation. Today our clients are deploying Lumada in complex industrial environments as a key enabler of their digitalization strategies.""Lumada acts as an engine for Hitachi's long-term growth strategy to deliver technology and services that create new value from data and impr...

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Eisai and Cogstate Expand Agreement for Global Development and Commercialization of Digital Cognitive Assessment Technologies

TOKYO, Oct 26, 2020 - (JCN Newswire) - Eisai Co., Ltd. and Cogstate, Ltd. announced today that the companies have entered into a collaboration whereby Eisai has secured the global development rights and exclusive commercialization rights of all cognitive function tests developed by Cogstate, including the "Cogstate Brief BatteryTM" (CBB) for use in healthcare and other markets. This global licensing deal is an expansion of an existing partnership executed in August 2019 whereby Eisai secured exclusive development and commercialization rights in Japan for all cognitive function tests developed by Cogstate, including the CBB. Both companies plan to proceed with development globally of CBB as a tool for individuals to self-assess brain performance to support healthy lifestyle choices and preventative measures in daily life, as well as a medical device to aid healthcare professionals in clinical diagnosis decisions. Developed by Cogstate, the CBB is a scientifically validated digital tool that enables cognitive function self-checks and consists of four tests evaluating psychomotor function, attention, learning and memory, and working memory. In the United States, Europe, Australia, New...

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NEC and Realeyes Jointly Develop Emotion Analysis Service in Support of Video Communications

TOKYO, Oct 26, 2020 - (JCN Newswire) - NEC Corporation (NEC; TSE: 6701) and Realeyes have jointly developed a new emotion analysis service that combines NEC's biometric identification and video analytics technologies with Realeyes' emotion analysis technology. This is part of a collaboration announced in July 2020, and NEC will launch this service in January 2021. NEC aims to capture top share of the global emotion analysis service market, which is estimated to be worth 360 billion yen (3.4 billion USD)(1).Due to the impact of COVID-19, video communications have become more common in our daily lives. However, there are many challenges to non-face-to-face communications, such as understanding the intent of other parties and fully grasping their reactions. As a result, user stress is becoming a more important issue.The new service works in coordination with video communication tools on PCs and smartphones to analyze user emotions from their facial expressions, only with their full consent(2) and due consideration for privacy.Realeyes' emotion analysis technology, which has been deployed for more than 180 customers worldwide, analyzes user interest and attention based on video communi...

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NEC and Analog Devices Collaborate to provide a 5G O-RAN Massive MIMO Radio for Rakuten Mobile

TOKYO, Oct 23, 2020 - (JCN Newswire) - NEC Corporation (TSE: 6701) and Analog Devices, Inc. (ADI) announced today that they have teamed up to design a 5G Network Massive MIMO Antenna Radio Unit for Rakuten Mobile. The radio unit adopts ADI's fourth-generation wideband RF transceiver solution to achieve high precision Massive MIMO and possesses a 5G open vRAN (virtual RAN) interface corresponding to Rakuten Mobile's end-to-end fully virtualized cloud-native mobile network. It delivers large capacity transmission with high efficiency by using 3.7GHz frequency Massive MIMO(1) and digital beamforming technology.(2) The cloud-native virtual network heralds a major shift in how communications providers can offer high-speed internet access worldwide, at significantly lower costs, made possible without the maintenance, upkeep, repair and labor costs associated with the physical infrastructure that hinders conventional networks. NEC has already started shipping the 5G Network Massive MIMO Antenna Radio Unit to Rakuten Mobile.ADI's fourth-generation wideband RF transceiver integrates quad channel transmitters, receivers and Digital Pre-Distortion (DPD) in a single chip. The radio is fully so...

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Mitsubishi Power Receives Follow-up Order from Serbia for Two Sets of World’s Largest Flue Gas Desulfurization Systems

The newly ordered FGD systems each have a flue gas desulfurization capacity of 670 megawatts (MW), with operation scheduled to commence in 2024. Together with the two sets ordered for the Nikola Tesla A plant of which the construction is on-going, the new installations will further reduce sulfur dioxide (SO2) and particulates emissions, thereby helping to meet European Union (EU) environmental standards and support Serbia's quest to join the EU.The Nikola Tesla B power plant is operated by Public Enterprise Electric Power Industry of Serbia (EPS). It is located some 60 kilometers southwest of Belgrade, the capital, and roughly 20 kilometers west of the Nikola Tesla A plant, the country's largest. The newly ordered two sets of FGD systems will be installed in units 1 and 2, which have a total output of 1,340 MW.In accepting the new order, Mitsubishi Power has formed a consortium with three local companies: Energotehnika Juzna Backa, Gosa Montaza AD, and EX ING B&P Construction. Mitsubishi Power will take charge of project management and all facets from basic design to delivery and installation of core equipment, and the consortium partners will perform local supply, civil engine...

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MHI Thermal Systems Opens New Development and Testing Facility for Commercial-Use Air Conditioning & Refrigeration Systems

TOKYO, Oct 22, 2020 - (JCN Newswire) - MHI Thermal Systems, Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has completed construction of a new development and testing facility for commercial-use air conditioning & refrigeration systems at its Biwajima Works (Kiyosu City, Aichi Prefecture), the core research and development facility among centers throughout the world. The completion ceremony was held today. The establishment of this new facility, together with its existing development and testing center, will accelerate the development and commercialization of commercial-use air conditioning & refrigeration systems in global markets. MHI Thermal Systems is also expanding its development and testing facilities such as in Thailand, enhancing its development capabilities worldwide.The new development and testing facility at the Biwajima Works is a two-story building with 2,155m2 of total floor area. It is equipped with various types of testing rooms for commercial-use, high-capacity systems able to handle different weather conditions, environmental regulations, and other variables in countries around the world. These facilities will allow MHI Thermal Systems to accele...

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MHI Again Receives EcoVadis Silver Rating for Overall Sustainability

TOKYO, Oct 20, 2020 - (JCN Newswire) - For the second consecutive year, Mitsubishi Heavy Industries, Ltd. (MHI) has been awarded a Silver rating for overall sustainability from EcoVadis, the independent French platform that regularly assesses corporate supply chains. At a time when the pursuit of the Sustainable Development Goals (SDGs) has become a global focus of universal concern, EcoVadis gave high marks to MHI Group for its initiatives in promoting sustainability throughout its supply chain in all four criteria categories: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.In receiving a Silver rating, which is second only to Gold, MHI Group places within the top 24% of all companies evaluated by EcoVadis. Among manufacturers of general-purpose machinery, the rating puts MHI Group in the upper 16%.EcoVadis, working through its cloud-based platform, provides buyer companies with evaluative data pertaining to suppliers' SDGs initiatives. To date, it has evaluated more than 45,000 companies worldwide.Through the years, MHI Group has proactively undertaken diverse initiatives in each aspect of ESG (environmental, social, and governance) investment in a ques...

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Mitsubishi Shipbuilding Receives Approval in Principle for LNG Fuel Gas Supply System from Bureau Veritas

TOKYO, Oct 19, 2020 - (JCN Newswire) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, was granted Approval in Principle (AIP)(1) from the French Classification Society, Bureau Veritas (BV), for a liquefied natural gas (LNG) fuel gas supply system (FGSS) for marine four-stroke dual fuel engines(2). The certificate of AIP was presented today at Mitsubishi Shipbuilding's headquarters in Yokohama.The FGSS comprises an LNG fuel tank, gas supply unit, control systems and other relevant equipment. The FGSS to which the AIP was granted this time was developed mainly to be installed on coastal ferries and small to mid-sized cargo ships, based on not only experience and knowledge obtained through shipbuilding of LNG carriers for many years but also technologies and know-how accumulated by development of FGSS products for large ships. The small size vacuum-insulated type tanks to be applied for the system have a double shell structure that ensures high heat insulation and also allows the external cylinder of the tank to be at normal temperature, which consequently simplifies the support structure of the tank and reduces the workload for the installation ...