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TMC Announces Changes to Executive Structure

Toyota City, Japan, Jan 27, 2023 - (JCN Newswire via SEAPRWire.com) - Toyota Motor Corporation (TMC) announced today that it intends to implement changes to its executive structure effective April 1, 2023, and changes to its Board of Directors effective the date of its 119th Ordinary General Shareholders' Meeting as described below.1. Changes to executive structure effective April 1, 2023Takeshi Uchiyamada will resign from his post as Chairman of the Board of Directors. Akio Toyoda will be appointed the new chairman and Koji Sato the new president and Chief Executive Officer.2. Changes to the Board of Directors effective the date of the 119th Ordinary General Shareholders' MeetingThe formal appointment of members of the Board of Directors will be formalized after approval at the 119th Ordinary General Shareholders' Meeting. The formal assignment of board members with specific titles, and the appointment of board members with the legal status to represent TMC (representative directors), will be made at the board of directors meeting following the 119th Ordinary General Shareholders' Meeting. The resignation of board members leaving their current posts will become official on the day...

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Fujitsu and Southern Tohoku General Hospital start joint research on AI technology for detecting pancreatic cancer from non-contrast CT scans

TOKYO, Apr 25, 2022 - (JCN Newswire via SEAPRWire.com) - Fujitsu and the Southern Tohoku General Hospital today announced the launch of a joint research project with Fujitsu Japan Limited (hereinafter Fujitsu Japan)(1) and FCOM CORPORATION (hereinafter FCOM)(2) on an AI technology for the early detection of pancreatic cancer from computed tomography (CT) scans without contrast agent (non-contrast CT scans) starting April 1, 2022.Figure 1: Detection of suspected pancreatic cancer using the newly developed technologyThe new AI technology has been trained with data from 300 anonymized CT images of pancreatic cancer patients provided by the Southern Tohoku General Hospital and offers an optimal image analysis method based on the shape of organs and cancer tumors. The joint research project represents a new approach to apply AI technology to support medical practitioners in detecting early signs of pancreatic cancer from CT scans.Fujitsu and the Southern Tohoku General Hospital will conduct clinical trials within this joint research to further improve the newly developed AI and offer a technology for an early detection of pancreatic cancer that can help to improve the quality of life of...

Apex Ace’s Net Profit Rockets to HK$26.6 Million in 1H2021

HONG KONG, Aug 25, 2021 - (ACN Newswire via SEAPRWire.com) - Apex Ace Holding Limited ("Apex Ace" or the "Company"; Stock Code: 6036) and its subsidiaries (collectively referred as the "Group"), a Hong Kong-based supplier of digital storage products and electronics components along with relevant technical support, has posted a revenue of approximately HK$1,423.9 million, representing a year-on-year leap of approximately 97.6% for the six months ended 30 June 2021 ("1H2021" or the "Review Period"). Profit attributable to owners of the Company rocketed to approximately HK$26.6 million from the HK$1.0 million recorded for the six months ended 30 June 2020 ("1H2020" or the "Last Corresponding Period").During the Review Period, the semiconductor market saw a strong surge in demand and increasing number of customers sought to build more resilient local supply chains or self-sufficiency in competitive technologies in lieu of a reliance on imported chips in anticipation of post-coronavirus disease 2019 (the "COVID-19") economic recovery. The global shortage of semiconductors has led to an increase in the average selling price of electronics products, and consequently contributed to the Gro...

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Showa Denko Announces Changes in Corporate Management

TOKYO, Nov 30, 2020 - (JCN Newswire) - Showa Denko (SDK; TSE:4004) decided at its Board of Directors meeting today on changes in corporate management (directors, corporate officers and councilors).Hisashi Maruyama (President and CEO, Showa Denko Materials Co., Ltd.) will be elected Director of SDK at the General Meeting of Shareholders in late March 2021.Koichi Nishimura (Assistant to President for promotion of chemicals safety and environmental protection; officer in charge of Industrial Gases, Basic Chemicals, Electronic Chemicals, and Functional Chemicals divisions as well as Kawasaki, Higashinagahara, Isesaki and Tatsuno plants) will resign as Corporate Officer on January 3, 2021. He will assume the post of President, Union Showa K.K., on January 4.Akihiro Jimbo (General Manager, Basic Chemicals Division) will also resign as Corporate Officer on January 3. He will become business adviser to Maruzen Showa Unyu Co., Ltd. effective January 4.Meanwhile, Katsuyuki Tsuji (Associate Councilor; General Manager, Advanced Battery Materials Division; President, Showa Denko Packaging Co., Ltd.) will be newly appointed Corporate Officer on January 4.There will be the following changes in co...

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AIG names new CEO, plans to spin off life and retirement unit

NEW YORK (REUTERS) - Insurer American International Group (AIG) on Monday (Oct 26) said its board approved a plan to separate the life and retirement business from the rest of the company, and named president Peter Zaffino as chief executive officer, effective next year. AIG shares were up nearly 8 per cent in extended trading on Monday. Mr Zaffino, 53, who succeeds 73-year-old Brian Duperreault, will take charge in March. Mr Zaffino will be AIG's seventh CEO since 2005. The insurer, which ranks among the top 10 US carriers by market value, said it has yet to make a decision on how to carry out the separation, beyond the board voting to establish two independent, market-leading companies. The separation of the business could take "a couple of years" and may be done in phases through sales of minority stakes, according to two people familiar with the matter. The board's decision does not rule out a single sale and any proposed transactions will also need board approval, AIG said. The life and retirement business accounted for 34 per cent of AIG's US$49 billion (S$66.7 billion) in 2019 adjusted revenue, compared with 64 per cent for its general insurance business, AIG said in Septemb...

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Top Goldman Sachs lawyers accused of covering up sexual harassment

NEW YORK (BLOOMBERG) - Goldman Sachs Group's general counsel and head of litigation were sued by a subordinate who said she was forced out after she spoke up about the sexual harassment of another female lawyer in the group. Marla Crawford, a former vice president and associate general counsel in Goldman's litigation and regulatory proceedings group, filed suit on Monday (Oct 26) in New York state court, alleging that she faced retaliation after raising concerns about global litigation head Darrell Cafasso using his position "to romantically prey" upon an unidentified woman who did not reciprocate his attentions. The suit comes just as the bank's image has been tarnished by accusations and punishments against the bank after a years-long Justice Department probe into the plundering of Malaysia's 1MDB investment fund, for which Goldman helped raise billions of dollars. The scandal has cost the bank more than US$5 billion (S$6.8 billion) and forced its Asia division to plead guilty to a US criminal charge. The suit alleges Mr Cafasso told General Counsel Karen Seymour about his conduct after his wife found out about it. Ms Crawford claims Ms Seymour proceeded to cover up for Cafasso, ...