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NEC launches Value Added xHaul Solution Suite with Open Ecosystem

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4 minutes

TOKYO, Feb 16, 2023 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (TSE: 6701) and its ecosystem partners A10 Networks, Adtran (formerly ADVA), Fortinet and Juniper Networks have launched the Value Added xHaul Solution Suite to accelerate the monetization of operators' transport networks in the 5G era. The new solution suite will enable traditional IP and optical transport networking to bring additional value with enhanced capabilities, including datacenter networks, network security, and automation to maximize operators' profitability.In light of the transition to 5G, xHaul, the backbone of the entire network, needs to adapt to industry transformations, such as Open RAN to enable flexible networking, edge computing and network slicing for monetization, multi-domain automation for operational simplicity, as well as vigilant security measures to protect networks against increasing risks.To help operators tackle these emerging requirements for xHaul network evolution, NEC takes a unique holistic best-of-breed approach to move beyond the siloed proposition prevalent in the industry today. This collaborative approach improves efficiency and Return on Investment (ROI), enabling th...

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Three partners build a demonstration system for CO2NNEX for e-methane, a digital platform for visualizing CO2 emissions across e-methane value chain and transferring e-methane’s environmental value

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5 minutes

TOKYO, Feb 15, 2023 - (JCN Newswire via SEAPRWire.com) - Osaka Gas Co., Ltd., Mitsubishi Heavy Industries, Ltd. (MHI), and IBM Japan, Ltd. today jointly announced that they have built a demonstration system (the "System," see Figure 1) for CO2NNEX for e-methane, a digital platform for visualizing the amount of CO2 emissions across the value chain of e-methane (methane synthesized with the methanation technology) and transferring e-methane's environmental value. CO2NNEX for e-methane is based on CO2NNEX, a digital platform being developed by MHI and IBM Japan for visualizing the CO2 supply chain. In conducting the PoC (Proof of Concept) of CO2NNEX for e-methane, the three partners will discuss and exchange views with the Japan Gas Association, Tokyo Gas Co., Ltd., Toho Gas Co., Ltd., and INPEX CORPORATION to identify effective ways to promote the use of e-methane and establish its environmental value.Figure 1: The System's web siteFigure 2: Visualization of CO2 emissionsFigure 3: Transfer of e-methane’s environmental valueUsing the System, this tripartite project aims to achieve the following: A system for managing the amount of CO2 emissions from its sources throughout the e-methan...

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NEC Orchestrating Future Fund, an Ecosystem-type CVC Fund, Completes Final Close for US$140 Million

ruth
3 minutes

TOKYO, Nov 30, 2022 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (TSE: 6701) has completed the final close of the "NEC Orchestrating Future Fund"(1), an ecosystem-type corporate venture capital (CVC) fund established in December 2021 for US$140 million (approximately 20 billion yen). This CVC fund was made possible through investments from NTT FINANCE CORPORATION, Mitsui Sumitomo Insurance Company, Limited, Sumitomo Mitsui Trust Bank, Limited, Fund Corporation for the Overseas Development of Japan's ICT and Postal Services Inc., and Japan Industrial Partners, Inc., which share NEC's vision of the future.NEC will accelerate the creation of new social value through co-creation with international and domestic startups that pioneer new markets with cutting-edge technologies and innovative business models.This CVC fund has been scouting startups for co-creation in the global market with the aim of realizing five social visions: "City" as a place for people's activities, "Communication" to connect people and goods, "Business" to support industry and society and fulfill one's purpose for being, "Environment" and "Life" as a way of life. As of November 2022, the fund has invested i...

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Global Innovation & Value Summit (GIVS2022): Why ESG Evaluation Matters, to be held November 18

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5 minutes

KYOTO, Japan, Nov 17, 2022 - (JCN Newswire via SEAPRWire.com) - Opening the COP27 Conference, UN Secretary-General Antonio Guterres chided world leaders about their ongoing inaction, warning that immediate, real and tangible action is required to address the climate crisis, or "we are on the highway to hell, with our foot on the accelerator."IAFOR GIVS Symposium 2022 to be held on November 18: https://givs.iafor.org/ According to Prof. Philip Sugai, Director of the Value Research Center (VRC) in Kyoto, Japan, "Corporations are now pressed to answer to a more diverse group of stakeholders, and while there are more than a hundred different types of ESG (Environment, Social, and Governance) evaluation and reporting systems, none yet offer the guidance and strategic value to businesses that are required to address the many complex issues facing business leaders today."The 2022 IAFOR Global Innovation and Value Summit (GIVS) is focused on providing one possible offramp from Guterres's highway to hell, showcasing a new approach to measure and monitor the value created and destroyed by companies irrespective of their size, industry or location. The Value Model offers a powerful alternativ...

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Seiryoku Zenyo, Jita Kyoei spirit is fundamental to Value Creation

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3 minutes

KYOTO, Japan, Sep 24, 2022 - (JCN Newswire via SEAPRWire.com) - Those in power have a choice, whether to use that power for their own benefit at the expense of all others or to use that power to help society constantly improve for the betterment of all. Based on which of these choices they make, the social impact of their efforts will change drastically. As the world faces increasingly complex challenges, the belief that one country, company or individual should win at the expense of others continues to be at the heart of our collective thinking about competition. But what if there was a different way? "The Japanese martial arts, or "Bu-do" in Japanese, are different from traditional sports, because their ultimate goal is to build the character of those who practice," says Yoshie Sugai, Founder of Chiseikan Dojo in Kyoto, Japan. "In doing so, Budo was created to nurture leaders who can lead society toward prosperity and peace, rather than dominating others for individual gain."Yoshie Sugai will present these ideas as part of a larger panel discussion on value creation and sustainability, convened by the Value Research Center (VRC) at Doshisha University for the United Nations Gener...

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Value Research Center (VRC) publishes August White Paper: The VRC Value Model & EFRAG

indie
3 minutes

KYOTO, Japan, Sep 6, 2022 - (ACN Newswire via SEAPRWire.com) - Companies and sustainability teams need a new model for measuring and managing stakeholder impacts, as claims of corporate greenwashing and value washing increase daily. The Value Research Center (VRC) at Doshisha University in Kyoto, Japan has announced the publication of its 2022 August White Paper, focusing on the European Financial Reporting Advisory Group (EFRAG's) latest disclosure drafts for sustainability reporting, and how this model aligns with and deepens the overall quality of the VRC Value Model.The Value Research Center (VRC) publishes 2022 August White Paper: The Value Model & EFRAGAccording to Professor Philip Sugai, Director of the Value Research Center, "After integrating EFRAG's 114 draft disclosure requirements into the VRC Value Model, we were impressed with the scope of EFRAG's coverage of many of the Value Model's stakeholders, themes and goals. Especially with their push for companies to document their impacts using 'double materiality', we see a shift towards greater understanding of business decisions on individual stakeholder groups."SAP Japan International Ambassador Paul Beddie said, "Th...

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Teijin and Fujitsu Agree to Jointly Develop Blockchain-based Commercial Platform to Promote Sustainable Use of Recycled Materials

ruth
6 minutes

TOKYO, Jul 12, 2022 - (JCN Newswire via SEAPRWire.com) - Teijin Limited (hereinafter Teijin) and Fujitsu Limited today launched a joint project to realize a blockchain-based commercial platform for enhancing the environmental value of recycled materials for manufacturers. The collaboration will promote environmentally conscious design(1) by leveraging Teijin's Life Cycle Assessment (LCA) Calculation Method for measuring the environmental impact of manufacturing processes across the value chain, as well as Fujitsu's blockchain technology to collect and track primary data on environmental impact (including GHG emissions) to deliver reliable, transparent traceability.Image of platform for enhancing the environmental value of recycled materialsThe new platform will promote the use of recycled materials and environmentally friendly designs by providing manufacturers who design products from recycled materials with accurate information about their environmental footprint, including proof of origin of recycled materials and data on GHG emissions.This joint effort demonstrates the two companies' commitment to contributing to the realization of the common global goal of a carbon-neutral fut...

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MHI Invests in Electric Hydrogen, a U.S. Startup, to Accelerate Efforts to Produce Clean Hydrogen at Scale

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3 minutes

TOKYO, Jun 23, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) announced today that it has invested in Electric Hydrogen (EH2), a clean hydrogen startup headquartered in Natick, Massachusetts, to support its efforts in developing cost-competitive, fossil-free hydrogen. Through this investment, MHI aims to strengthen and diversify its hydrogen value chain, advance its energy transition business, and act on its commitment toward global carbon neutrality goals. The investment has been executed through Mitsubishi Heavy Industries America, Inc. (MHIA), which joins a consortium of investors including Breakthrough Energy Ventures, Equinor, Amazon, Honeywell, and Rio Tinto."No single company can provide needed technology to achieve global decarbonization, which is why we recognize the importance of investing in and enabling companies like Electric Hydrogen to develop new solutions," said Takajiro Ishikawa, President and CEO of MHIA.EH2's patented approach to electrolysis - the process of producing hydrogen from electricity and water - is specially designed for the high-volume, low-cost production required to support massive industrial operations, which cou...

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Eisai Publishes Potential Economic Value of Investigational Lecanemab in Peer-Reviewed Neurology and Therapy Journal

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7 minutes

TOKYO, Jun 22, 2022 - (JCN Newswire via SEAPRWire.com) - Eisai Co., Ltd. today announced publication of results from an early phase evaluation that aimed to estimate potential economic value of its investigational anti-amyloid-beta (Abeta) protofibril antibody lecanemab in people living with early Alzheimer's disease (AD) using a validated disease simulation model, AD Archimedes Condition Event (AD ACE) model1,2,3 from the healthcare payer and societal perspectives in the United States, in the peer-reviewed journal Neurology and Therapy. This is the second publication of lecanemab's potential value. It follows the evaluation of the long-term health outcomes using simulation modeling of lecanemab published in Neurology and Therapy in April 2022.4 While the healthcare payer perspective focuses on direct care costs (e.g., outpatient and inpatient services, medications, intervention costs, nursing home and home healthcare services), the societal perspective further considers societal costs (e.g., productivity loss and informal care costs). As reported in the previous publication, it was suggested that compared to standard of care* (SoC), individuals treated with lecanemab in addition t...

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Fujitsu and IHI Start Joint Project on New Environmental Value Distribution Platform Using Blockchain Technology

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6 minutes

TOKYO, Apr 12, 2022 - (JCN Newswire via SEAPRWire.com) - IHI Corporation (hereinafter IHI) and Fujitsu Limited today announced the launch of a joint project on environmental value trading(1) starting April 1, 2022, with the aim of contributing to the realization of a carbon-neutral society and to revitalize the market of environmental value trading ecosystems.Market image utilizing the newly developed environmental value distribution platformUnder this joint project, IHI and Fujitsu will work toward the commercialization and promotion of an environmental value distribution platform by leveraging their business knowledge in blockchain technology and carbon neutrality solutions. The two parties will issue environmental value "tokens"(2) based on data on the reduction of CO2 emissions collected through IHI's IoT platform "ILIPS" (IHI group Lifecycle Partner System)(3) and establish a platform for distributing these tokens to the environmental value trading market by leveraging Fujitsu's "ConnectionChain" security technology to interconnect various blockchains.Through this new platform, the two companies aim to support an efficient distribution of environmental value and the reduction ...

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Value Research Center (VRC) develops Value Model integrating ESG and Sustainability Measures

ruth
4 minutes

KYOTO, Japan, Mar 24, 2022 - (JCN Newswire via SEAPRWire.com) - The Value Research Center (VRC) has launched an integrated Value Model of ESG and Sustainability measures in a new white paper issued today. With the shift from short term, profit-focused thinking towards long-term, sustainable, value-focused thinking, businesses globally need to answer a fundamental question: "What value are you providing our collective future?"A Value Model for Responsible Business: The new Value Research Center (VRC) white paper was officially released today. The VRC initiative is aimed at improving company performance and social impact.VRC at Doshisha University was established in November 2021 to develop a Value Model that could guide any company to answer this question, so ensuring a more sustainable future. The VRC published its initial white paper, "Valuing Value", in June 2021, integrating 357 impact measurements from 15 of the world's top ESG and sustainability frameworks and developing a 7-stakeholder, 27-theme, 80-goal model to help businesses objectively and transparently measure and manage the value impacts that they have on their key stakeholders. The VRC's new white paper entitled "A Va...

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Value Research Center (VRC) authors Value Model integrating ESG and Sustainability Measures

ruth
4 minutes

KYOTO, Japan, Mar 23, 2022 - (JCN Newswire via SEAPRWire.com) - The Value Research Center (VRC) launched an integrated Value Model of ESG and Sustainability measures in a new white paper issued today. With the shift from short term, profit-focused thinking towards long-term, sustainable, value-focused thinking, businesses globally need to answer a fundamental question: "What value are you providing our collective future?"A Value Model for Responsible Business: The new Value Research Center (VRC) white paper was officially released today. The VRC initiative is aimed at improving company performance and social impact.The VRC at Doshisha University was established in November 2021 to develop a Value Model that could guide any company to answer this question, so ensuring a more sustainable future. The VRC published its initial white paper, "Valuing Value", in June 2021, integrating 357 impact measurements from 15 of the world's top ESG and sustainability frameworks and developing a 7-stakeholder, 27-theme, 80-goal model to help businesses objectively and transparently measure and manage the value impacts that they have on their key stakeholders. The VRC's new white paper entitled "A Va...

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Yeahka CEO Addresses Employees on Its Future Development Plan, Establishing Strategic and Implementation Certainty

indie
7 minutes

HONG KONG, Jan 5, 2022 - (ACN Newswire via SEAPRWire.com) - Yeahka Limited ("Yeahka" or the "Company") (09923.HK) founder and CEO, Luke Liu, sent an open letter to all employees via email, looking back on the 10-year history of the company and announcing its future development plan on January 3.In the email titled "Toward a More Promising Future", Luke looked back on Yeahka's transformation over the past 10 years since its inception, sharing how the Company grew from payment focused business to a comprehensive 2B business solution provider with extended product offerings including SaaS, Fintech, and other; subsequently evolved to an ecosystem with recently added In-store E-commerce business that covers both 2B and 2C markets; finally successfully transformed into a "payment-based digital commerce ecosystem". Till now, Yeahka serves nearly 7 million active merchants, with its service covering over 800 million consumers and generates nearly 100 million daily payment transactions within its ecosystem.To prepare for the increasing complexity and uncertainty of macro environment, Luke outlined Yeahka's future development blueprint in his letter, which is "upholding value creation princi...

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MHI to Participate in “CO2LOS III” Project, Aiming to Achieve Business in CO2 Shipping

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3 minutes

TOKYO, Nov 11, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) will participate in "CO2LOS III" (CO2 Logistics by Ship Phase III), a project to consider issues needing to be addressed in order to achieve business in liquefied CO2 (LCO2) carriers. CO2LOS III is aimed at promoting the development of technologies for transporting LCO2 by ship, as a complement to existing pipeline transport, through a partnership targeting sharing of knowledge and information necessary for understanding future needs and solutions in CO2 transport.Image of an LCO2 CarrierPartners in the project, co-founded by the Norwegian CLIMIT-Demo programme via Gassnova, include MHI, Air Liquide S.A., BP, Brevik Engineering AS, Equinor Energy AS, Gassco AS, SINTEF, TotalEnergies and Mitsubishi Corporation. By collaborating with these leading enterprises of Europe, where decarbonization projects are robust in the area of CO2 transport, an indispensable part of the CCUS (carbon capture, utilization and storage) value chain, MHI anticipates significant contributions to LCO2 carrier development and market expansion.MHI Group will contribute to building a CCUS value chain spanning land a...

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Mitsubishi Shipbuilding and NYK Line Agree to Jointly Develop a Large LCO2 Carrier

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3 minutes

TOKYO, Nov 9, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, and Nippon Yusen Kabushiki Kaisha (NYK Line) have agreed to jointly develop a large-scale liquefied CO2 (LCO2) carrier. To facilitate the development of technologies for transporting CO2 using large vessels, this project will combine Mitsubishi Shipbuilding?s advanced gas handling technologies accumulated through the construction of liquified gas carriers (LPG and LNG carriers), with NYK Line?s wealth of knowledge in operations of not only small and medium-sized vessels, but also large vessels that are expected to increase in demand globally. The two companies will participate in the CCUS value chain based on the development of LCO2 carriers.Image of an LCO2 carrierCarbon dioxide capture, utilization, and storage (CCUS) is attracting attention worldwide as an effective means to achieve a carbon neutral world. LCO2 carriers will play a vital role in that value chain by transporting liquified CO2 to storage sites and facilities for utilization, and demand for these vessels is expected to increase in the future.Mitsubishi Shipbuilding is actively pursuing...