Mitsubishi Motors Launches Miland Virtual Car Lifestyle App Service JCN Newswire

Mitsubishi Motors Launches Miland Virtual Car Lifestyle App Service

TOKYO, Apr 1, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced the launch of Miland, a virtual car lifestyle app that connects users and their friends, in the Japanese market(1) today. The app was developed in collaboration with JP UNIVERSE Inc.(2)In its mid-term business plan "Challenge 2025," Mitsubishi Motors has set creating seamless and efficient touchpoints with customers through digital transformation (DX) as a key strategy. The plan particularly focuses on Generation Z, who are digital natives and will become the core automotive purchasing and user group in 10 years, as well as business transformation and the creation of new businesses using digital technologies. To achieve this, open innovation, or co-creation, is positioned as a key measure, involving the development of new services through collaboration with a diverse range of people and technologies both inside and outside the company.The name of the service, Miland, is derived from the phrase “unexplored lands created by Mitsubishi Motors,” and was coined in the hope that people would discover new ways to enjoy cars in unexplored territories. It enables young people, particularly Generation Z, who do not own cars to experience the joy of having a car. In the virtual world, users can enjoy owning cars, driving with friends, and customizing their vehicles. Developed in collaboration with JP UNIVERSE, a group of creators specializing in immersive space services, the app offers a highly immersive and enjoyable experience.FeaturesEasily own cars in the virtual world- Users can own digital cars and garages, allowing for a simulated experience of car ownership. If converted to a Non-Fungible Token (NFT), the car becomes a personal asset, and can be bought and sold on the NFT marketplace(3) OpenSea, operated by Ozone Networks, Inc.Experience driving interactions with friends similar to social networking- Even when in different locations, users can communicate with friends as if they are driving together in the same space or vehicle. With map designs that offer unique virtual environments, users can drive along distinctive courses. It is also possible for users to drive together with a common mission.Customize cars in various ways- Cars can be customized by changing their color or adding stickers. Users can also personalize their cars with limited-time or mission-exclusive stickers. In addition, events and other special activities are planned for the future.Service introduction page (in Japanese only): https://relight-lab.mitsubishi-motors.com/milandtopTo expand the value of automobiles in line with the changing values of users brought about by digitization, Mitsubishi Motors has also launched the "Relight Lab" open innovation site today. This site will serve as a platform to implement new digital services, and seeks top runners in emerging technologies in the digital world as well as those skilled at building new digital services. By combining technology and ambition, the aim is to achieve open innovation, leading to the creation of new services from Mitsubishi Motors.Website (in Japanese only): https://relight-lab.mitsubishi-motors.com(1) The app is offered in Japanese and is available only in the Japanese market.(2) JP UNIVERSE Inc. (Representative: Hajime Tabata, CEO) was established on February 8, 2022. The company provides gamification platforms, game commerce, platform provision and operation, and XR production.(3) Available from early AprilAbout Mitsubishi MotorsMitsubishi Motors Corporation (TSE:7211) — a member of the Alliance with Renault and Nissan — is a global automobile company based in Tokyo, Japan, which has about 28,000 employees and a global footprint with production facilities in Japan and the ASEAN region. Mitsubishi Motors has a competitive edge in SUVs, pickup trucks and plug-in hybrid electric vehicles, and appeals to ambitious drivers willing to challenge convention and embrace innovation. Since the production of our first vehicle more than a century ago, Mitsubishi Motors has been a leader in electrification — launched the i-MiEV, the world’s first mass-produced electric vehicle in 2009, followed by the Outlander PHEV, the world’s first plug-in hybrid electric SUV in 2013. With a target of increasing the sales ratio of electrified vehicles to 100% by 2035, Mitsubishi Motors will deliver models that embody Mitsubishi Motors-ness and contribute to the realization of a carbon-neutral society.For more information on Mitsubishi Motors, please visit the company's website at www.mitsubishi-motors.com/en/ Copyright 2025 JCN Newswire via SeaPRwire.com.
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Mitsubishi Corporation: Development of R&D Hub “iPark Kobe” in Kobe Medical Industry City JCN Newswire

Mitsubishi Corporation: Development of R&D Hub “iPark Kobe” in Kobe Medical Industry City

TOKYO, Apr 1, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Corporation (MC), Mitsubishi Corporation Urban Development Co., Ltd. (MCUD), and iPark Institute Co., Ltd. (iPi) are pleased to announce our joint development of a new, rental-lab-type R&D facility in Kobe Biomedical Innovation Cluster (KBIC). The facility, which has been tentatively named "iPark Kobe," will augment progress being made in KBIC to establish a community based on institutions dedicated to research and development. MCUD signed an agreement today with Kobe's municipal authorities to purchase land for the facility's construction on Kobe Port Island, which is owned by Kobe City.Growth in semiconductors, medical treatment and other cutting-edge industries has accelerated in recent years, which has given rise to the formation of unique industrial zones due to the large number of R&D interests and related businesses. As a consequence, facilities engaged in research and development are rapidly becoming the epicenters of new communities.Kobe City began developing KBIC in 1998 to promote an accumulation of medical care-related entities, including R&D facilities, hospitals and private enterprises. Now boasting more than 350 resident organizations, KBIC has grown into one of the largest medical care industrial clusters in Japan, making it a leading example of MC's mission to position advanced industries at the core of its urban development work.The land-purchase agreement was reached due to KBIC being the ideal location for the first "iPark" drug-discovery and bioresearch facility to be established outside Japan's Shonan region. MC, MCUD and iPi all have strong track records when it comes to advanced-industry facilities.MCUD has a wealth of expertise in developing high-performance distribution warehouses and shared manufacturing and R&D centers, while iPi has demonstrated its management capabilities in operating the Shonan iPark science park.Our three companies look forward to combining our respective know-how and networks to develop and manage iPark Kobe in ways that will help Kobe City achieve its community-building mission in KBIC. We are committed to exploring ideas that can drive further innovation and lead to more large-scale urban development projects that are built around R&D facilities.Outline of the Project SiteThe site is located in Kobe Medical Industry City, the second phase of Kobe Port Island, and will be directly connected to Kobe New Transit Port Liner Keisan Kagaku Center Station by a connecting deck. It is accessible in about 16 minutes from Sannomiya Station, which is the city's largest shopping district and transportation node, and in about 6 minutes from Kobe Airport Station.Inquiry RecipientMitsubishi CorporationTelephone: +81-3-3210-2171 Copyright 2025 JCN Newswire via SeaPRwire.com.
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Eisai to Divest Rights for Pariet in China to Peak Pharma JCN Newswire

Eisai to Divest Rights for Pariet in China to Peak Pharma

TOKYO, Apr 1, 2025 - (JCN Newswire via SeaPRwire.com) - Eisai Co., Ltd. announced today that it has entered into an agreement to divest the rights for proton pump inhibitor Pariet® (generic name: rabeprazole sodium) in China to Beijing Peak Biology Pharmaceuticals Co., Ltd., a CBC Group-controlled company. Peak Pharma has commenced marketing activities, while Eisai will manage the transfer of manufacturing and marketing authorizations during atransition period.Under the terms of the agreement, Eisai will receive RMB725 million (approximately 15.7 billion JPY1) as contractual upfront payments, as well as the rights to receive a sales milestone payment. The upfront payments have already been recorded in the third quarter of Eisai’s fiscal year ending March 31, 2025.Eisai expects no changes to its consolidated financial forecast for the fiscal year ending March 31, 2025.Pariet is a proton pump inhibitor (PPI) discovered and developed by Eisai, approved in more than 100 countries and regions worldwide. Pariet was approved in China in 2000 and is indicated forgastrointestinal disorders including gastric ulcer, duodenal ulcer, and reflux esophagitis. With the conclusion of this agreement, Eisai believes that CBC Group’s proven 'investor-operator' approach and commitment to delivering quality healthcare to a wide range of patients will maximize the value of Pariet in China.The agreement will enable Eisai to strategically reallocate resources to other mid-to-long-term business growth areas so as to continue to make further contributions to address the diversified needs of, andincrease the benefits provided to, patients and their families.1 Exchange rate: 1 RMB = 21.67 JPY (as of December 31, 2024)About CBC GroupHeadquartered in Singapore, CBC Group is Asia's largest healthcare-dedicated asset management firm, with an AUMof US$9 billion. With a diversified, multi-product strategy, CBC Group is focused on platform-building, buyout, privatecredit and royalties, and real estate, across the healthcare space, including pharmaceutical, biotech, medical technology, and healthcare services. We are committed to creating lasting value by integrating global innovations andtalents. Partnering with the world's top entrepreneurs and scientists, our unique “investor-operator” approach has empowered leading healthcare companies to widen access to affordable medical care, catalyse innovations, and improve efficiencies in fulfilling unmet medical needs worldwide.For more information on CBC Group, please visit www.cbridgecap.com/. Connect with us on LinkedIn (CBC Group).Media Inquiries:Public Relations Department, Eisai Co., Ltd.+81-(0)3-3817-5120 Copyright 2025 JCN Newswire via SeaPRwire.com.
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Everbright Grand China Assets Recorded Revenue of RMB 45.9 Million in 2024 JCN Newswire

Everbright Grand China Assets Recorded Revenue of RMB 45.9 Million in 2024

HONG KONG, Mar 28, 2025 - (ACN Newswire via SeaPRwire.com) - Everbright Grand China Assets Limited, a property leasing, property management and sales of properties held for sale company under China Everbright Group ("Everbright Grand China Assets" or the "Group", Hong Kong Stock Exchange stock code: 3699) today announced the annual results for the year ended 31 December 2024 (the "Year under Review").During the Year under Review, the Group's revenue was approximately RMB45.9 million (2023: approximately RMB46.8 million), representing a decrease of approximately 1.9% as compared to last year, mainly due to the decline in rental income. The profit attributable to equity shareholders of the Company amounted to approximately RMB25.3 million (2023: approximately RMB19.3 million), representing an increase of approximately 31.1% as compared to last year. The increase in profit was mainly due to foreign exchange (primarily including bank deposits denominated in currencies other than RMB) gains during the year. The basic earnings per share was approximately RMB0.06 (2023: RMB0.04). The Board has proposed to pay a final dividend of RMB1.05 cents per share (equivalent to HK1.14 cents) (2023:RMB0.60 cents) for the year ended 31 December 2024 and a special dividend of RMB0.34 cents per share (equivalent to HK0.37 cents) (2023: Nil). Together with the interim dividend of RMB0.78 cents per share, the full year dividend amounts to RMB2.17 cents per share (2023: RMB1.66 cents per share).As at 31 December 2024, the Group had current assets of approximately RMB239.9 million (2023: approximately RMB231.4 million). The increase in current assets was mainly due to the rise in cash and bank balances during the year. The Group had current liabilities of RMB19.9 million (2023: approximately RMB25.8 million). The decrease in current liabilities was mainly due to the reduction in rental income received in advance during the year.Property LeasingThe rental income from the Group?s property leasing business was approximately RMB30.5 million for the year ended 31 December 2024 (2023: RMB33.2 million). Due to the decline in the average rent per square meter (?sq.m.?) and the provision of rental subsidies to tenants, the total rental income decreased. The Group?s leasing properties are located in Chengdu, Sichuan Province and Kunming, Yunnan Province in the PRC. As at 31 December 2024, the Group?s property portfolio comprises three commercial buildings, namely Everbright Financial Center, part of Everbright International Mansion and Ming Chang Building, with a total gross floor area (?GFA?) of approximately 89,507 square meters.Property Management ServiceThe Group provides property management services for its properties, namely Everbright Financial Center and Everbright International Mansion. Revenue from the Group?s property management services was approximately RMB15.4 million for the year ended 31 December 2024 (2023: RMB13.5 million). During the year, the increase in revenue from property management services was due to the increase in restaurant income. As at 31 December 2024, the total GFA under the Group?s management was 72,534 sq.m.Investment PropertiesThe Group's investment properties primarily consist of land and/or buildings which are owned or held under a leasehold interest to earn rental income and/or for capital appreciation. As at 31 December 2024, the fair value of the investment properties was RMB967.1 million (2023: RMB959.5 million), representing an increase of approximately 0.8%. For the year ended 31 December 2024, the valuation gain on investment properties amounted to approximately RMB6.6 million (2023: approximately RMB5.3 million).PROSPECTSLooking back at 2024, the global economy is on its way to resuming normalcy after experiencing two consecutive years of slowdown. However, the growth rate remains relatively weak, and the growth momentum is cooling down. Nevertheless, in the first half of 2024, the Chinese economy started off on a positive note. Despite the weakened growth momentum, the relatively steady Chinese economy has been supported by a continuous improvement in economic conditions.With the slowdown in real estate market investment, the area of new housing starts, the area of housing completions and the sales area of newly built commodity houses have continued to slow down, thereby affecting the growth rate of the property management industry. The development strategy of property management enterprises has undergone significant changes, with future growth in management scale no longer being the core focus, and the emphasis gradually shifting towards service quality and value-added business.The Group's commercial properties have been relatively less affected by the fluctuations in the real estate market over the past year, with tenants and lease agreements, as well as rental rates, maintaining a relatively stable trend, enabling the Group to sustain a relatively stable performance in the market.Looking ahead, in the face of the current operating environment, the Group will continue to rise to the challenge, fully leveraging the synergy with its parent company, China Everbright Group, and capitalizing on the recognition of the "Everbright" brand to develop diversified value-added services. On the one hand, the Group will strive to increase revenue sources; on the other hand, it will actively enhance brand influence, seize opportunities during the industry adjustment period, further strengthen its capabilities, consolidate competitiveness and risk resistance, and aim to become a robust enterprise with long-term sustainable development. Despite the numerous challenges faced by the real estate and property management industry in 2024, the Group remains confident about the future due to policy support and the gradual recovery of the market. The Group will actively explore new development opportunities on the basis of stable operations to create greater value for the Company's shareholders. Copyright 2025 JCN Newswire via SeaPRwire.com.
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MHIEC Receives Order for Full Refurbishment of Waste Incineration Plant in Itoman City, Okinawa Prefecture JCN Newswire

MHIEC Receives Order for Full Refurbishment of Waste Incineration Plant in Itoman City, Okinawa Prefecture

Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd (MHIEC), a part of Mitsubishi Heavy Industries (MHI) Group, has received an order from the Nanbu Wide-area Administration in Okinawa Prefecture for a full refurbishment of its Itotoyo Environmental Improvement Center (Tsukazato, Itoman City). The order calls for renovation of the facility's stoker type incinerator, capable of processing 200 tonnes per day (tpd) (Note1), to extend the plant's service life, enhance its energy efficiency, and reduce CO2 emissions. The contract is valued at 1.506 billion yen (tax excluded), with completion scheduled for March 2026.The Itotoyo Environmental Improvement Center was originally designed and constructed by MHI. On completion in March 1998, the facility incorporated two stoker type incinerators, each providing a processing capacity of 100 tpd, plus related equipment.The purpose of this project is to upgrade the main equipment of the aging water supply equipment, electrical instruments, and exhaust gas treatment equipment and enhance energy efficiency through the adoption of high-efficiency motors and transformers. A new steam turbine with a generating capacity of 295kW will be installed and effective use will be made of excess steam from the boiler to reduce electricity purchasing. The project aims to reduce annual CO2 emissions by 3% or more from the previous year. The durability of the exhaust gas treatment facilities will be improved and chemical usage will be reduced through the adoption of a proprietary Hybrid Bag Filter® (HBF) made of Polytetrafluoroethylene (PTFE) from MHIEC(Note2), which utilizes filter cloth used in dust collection filters, achieving world-leading removal of dioxins. This will also contribute to reduction of life-cycle costs (LCC).In recent years, there has been an increase in refurbishment work to extend the service life of waste-to-energy facilities and address climate change. To facilitate further work of this nature, the Ministry of the Environment has established subsidies for waste-to-energy facilities(Note3) for purposes such as assisting waste-to-energy facilities in the adoption of advanced equipment.MHIEC succeeded MHI's environmental protection business in 2008, taking over its accumulated technological development capabilities in environmental protection systems and abundant expertise in the construction, operation, and maintenance of waste management facilities both in Japan and overseas. Based on this robust track record, the company is well positioned to propose comprehensive solutions encompassing all aspects from plant construction to operation and maintenance. Based on this project and its past record, MHIEC will continue to seek order expansion through proactive offering of proposals for enhancing the efficiency of existing facilities, maintaining and improving the stability of operations, and lowering LCC.1A stoker furnace is the main type of waste-to-energy plant. Air is supplied from below a fire grate made of heat-resistant castings to propel the materials to be burned (waste, etc.).2Bag filter fibers are coated with a catalytic agent to maintain their standard function of removing toxic materials while improving their functionality through the additional ability to break down dioxin gases and NOx (nitrogen oxides).3Municipal governments seeking to extend the service life of their waste-to-energy facilities and implement climate change countermeasures are eligible for subsidies on projects that will reduce CO2 emissions (promoting the introduction of leading-edge facilities), or grants for establishing a sound material-cycle society, equivalent to one-half or one-third of project costs.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2025 JCN Newswire via SeaPRwire.com.
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MHI Concludes “Mizuho Eco Finance” Commitment Line Agreement JCN Newswire

MHI Concludes “Mizuho Eco Finance” Commitment Line Agreement

TOKYO, Apr 1, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) has concluded a Mizuho Eco Finance(1) commitment line agreement(2) with Mizuho Bank, Ltd. (Mizuho Bank).Mizuho Eco Finance is a program from Mizuho Bank that uses an environmental assessment model developed by Mizuho Research & Technologies Co., Ltd., which incorporates globally trusted environmental certifications and evaluations to score the initiatives and indices of customers, and provide financing to those customers who meet a certain score or higher.For this agreement, MHI Group was assessed as meeting a high standard for the indicators used in the evaluation model, including its endorsement of the Task Force on Climate-related Financial Disclosures (TCFD)(3) in March 2019, the MISSION NET ZERO declaration aimed at achieving carbon neutrality by 2040, and appropriate disclosure of greenhouse gas emissions throughout the supply chain.The MHI Group aims to contribute to the sustainable enhancement of corporate value and the realization of a sustainable society by leveraging the Group's comprehensive capabilities and strengths to enrich people's lives.(1) Mizuho Eco Finance www.mizuhogroup.com/sustainability/environment/business/financing(2) Commitment line agreementA contract in which the lender promises to execute a loan at the borrower's request within the conditions of the contracted term and credit line.(3) TCFD Disclosure www.mhi.com/sustainability/environment/climate_tcfd.htmlAbout MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2025 JCN Newswire via SeaPRwire.com.
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Five NTT Group Companies and Biome Inc. Start Joint Development of Large-scale Estimation Technology for Vegetation and Organisms using Satellite Image Data JCN Newswire

Five NTT Group Companies and Biome Inc. Start Joint Development of Large-scale Estimation Technology for Vegetation and Organisms using Satellite Image Data

TOKYO, Mar 31, 2025 - (JCN Newswire via SeaPRwire.com) - NTT Corporation, Biome Inc., NTT Com, NTT COMWARE, NTT DATA and NTT DOCOMO announced today that they have jointly begun developing technology enabling the large-scale estimation*1 of vegetation*2 and biological organisms through remote sensing*3. By combining NTT Group's assets, including satellite image data analysis technology,*4 with Biome's real-time “BiomeDB” database of organisms, one of the largest in Japan with over 8.5 million entries, they aim to establish comprehensive and continuous methods for collecting and analyzing data related to vegetation and organisms. This initiative will support biodiversity monitoring and contribute to achieving a nature-positive*5 society.1. BackgroundOf the total value added*6 within the global economy, some USD 44 trillion (almost half of global GDP), depends on natural capital*7 such as forests and soil. However, the degradation of biodiversity, which supports this natural capital, is progressing at an unprecedented rate*8. Against this backdrop, interest in biodiversity conservation and the nature-positive sector has been rising globally, especially following the adoption of the Kunming-Montreal Global Biodiversity Framework*9 at the 15th Conference of the Parties (COP) to the Convention on Biological Diversity (CBD) in 2022.In Japan, the government has formulated its Nature Positive Economy Transition Strategy*10, and there is an expectation for diverse stakeholders, including businesses, government, and citizens, to work towards realizing a nature-positive economy. To achieve this, companies need to understand and assess the current state of natural capital and engage in continuous monitoring and conservation activities based on international demands from bodies such as the Taskforce on Nature-related Financial Disclosures (TNFD)*11. However, relying solely on open data for understanding and monitoring can sometimes be insufficient in terms of update frequency and accuracy, necessitating the continuation of resource-intensive on-site surveys. To address these challenges, the six companies behind this initiative are initiating a demonstration project.2. Project outlinea. ActivitiesIn addition to utilizing satellite image data, biological data held by Biome and actual field data, such as vegetation and biological data owned by local governments, the project will estimate the vegetation, species composition, and distribution in specific regions based on high-frequency, broad coverage across Japan, with a granularity aligned with international frameworks and standards.b. Field demonstrationsAt “Docomo Sennan Horigo no Mori” forest in Sennan City, Osaka managed by NTT Docomo starting in January 2025Objective: To verify the feasibility of using satellites to track the condition of forests and surrounding ecosystems.Through this demonstration, NTT Docomo will explore new methods of visualizing biodiversity and conducting long-term monitoring to promote the conservation of the forest, which has been certified as a “Nature Coexistence Site”*12 by the Ministry of the Environment of Japan. Additionally, they will evaluate the potential for utilizing these methods for future monitoring around Docomo's base stations.At the Asahi Forest in Shobara City, Hiroshima Prefecture, managed by Asahi Group Japan starting in April 2025Objective: To verify large-scale estimation technology and establish business use cases.Through this demonstration, Asahi Group Japan will conduct verification to explore new methods for the sustainable visualization of biodiversity and long-term monitoring of the forest based on Asahi Group Environmental Principles.3. Roles of each memberNTT Corp:Overall project managementBiome Inc.:Provision of ecosystem data, sharing of insights on biodiversity, and exploration of service commercializationNTT Com:Implementation of field demonstrations, exploration of business use cases, and consideration of service commercializationNTT COMWARE:Comprehensive data analysis and accuracy verificationNTT DATA:Provision of high-resolution satellite image data (AW3D)*13NTT DOCOMO:Provision of field sites and verification of business use cases4. Future developmentGoing forward, the participating companies will explore specific business use cases such as formulating “landscape strategies”*14 for local governments, supporting companies in transitioning to nature-positive management, and assisting in data collection for the preparation of companies' integrated reports. Additionally, they will conduct discussions with a wide range of local governments and companies with the aim of developing a high-coverage, high-accuracy biodiversity platform that can help support their biodiversity strategy development and quantitative evaluation of natural capital.In conjunction with the commencement of this development, NTT DOCOMO Ventures, an NTT Group corporate venture capital firm, has invested in Biome through a fund it manages*15. With this investment, the collaboration between Biome and NTT Group will be strengthened, creating new value through the exploration of nature-positive business opportunities and collaborative research.(1) Broad-area estimation involves analyzing data obtained from instruments such as satellites and aircraft to assess conditions over large areas.(2) Vegetation refers to the range of plant species in a particular area on the Earth's land surfaces, such as forests, grasslands, croplands, and wastelands.(3) Remote sensing is a technology used to measure the shape and characteristics of objects from a distance.(4) NTT Group provides satellite data under its space business brand “NTT C89,” which stands for the NTT CONSTELLATION 89 PROJECT, an initiative aimed at expanding its space-related business and contributing to the overall development of the space industry through the provision of solutions. NTT C89 is a trademark of Nippon Telegraph and Telephone Corporation.URL: New windowhttps://group.ntt/en/aerospace/(5) Nature-positive refers to the concept of halting biodiversity loss and stimulating recovery.(6) The total added value refers to the total amount of value created by companies through their business activities.(7) Reference: PDFNature Positive Economy Transition Strategy, Ministry of Environment, Government of Japan(8) Reference: PDFGlobal Assessment Report on Biodiversity and Ecosystem Services, IPBES(9) The “Kunming-Montreal Global Biodiversity Framework” is a new set of global biodiversity targets adopted in December 2022. Its mission for 2030 is to “halt and reverse biodiversity loss,” essentially aiming for a “nature-positive” outcome, which involves the restoration and enhancement of natural ecosystems.(10) Japan's “Transition Strategies toward Nature Positive Economy,” approved by the Cabinet in March 2024, outlines a vision and pathway for transitioning to an economy that conserves nature by changing the behaviors of businesses, financial institutions, and consumers.(11) TNFD is an international initiative aimed at developing a framework for companies and organizations to assess and disclose the impact of their economic activities on the natural environment and biodiversity.(12) Nature Coexistence Site is an area recognized by the Japanese government where biodiversity conservation is achieved through private initiatives and other efforts. These designated areas, excluding overlaps with protected areas, are registered in the international database as OECM (Other Effective Area-based Conservation Measures). Source: Ministry of Environment of Japan.(13) AW3D: a 3D digital world map - see New window https://www.aw3d.jp/en/(14) A landscape strategy is an approach that comprehensively addresses various human activities and the natural environment within a specific region or space, based on land and spatial planning, to solve challenges.(15) Press release: March 27, 2025 NTT & NTT DOCOMO VENTURES “New window Investment in Biome Inc., Biodiversity Big Data Platform Operator”About NTTNTT contributes to a sustainable society through the power of innovation. We are a leading global technology company providing services to consumers and businesses as a mobile operator, infrastructure, networks, applications, and consulting provider. Our offerings include digital business consulting, managed application services, workplace and cloud solutions, data center and edge computing, all supported by our deep global industry expertise. We are over $97B in revenue and 330,000 employees, with $3.6B in annual R&D investments. Our operations span across 80+ countries and regions, allowing us to serve clients in over 190 of them. We serve over 75% of Fortune Global 100 companies, thousands of other enterprise and government clients and millions of consumers.About Biome Inc.Biome Inc., one of Japan's largest biodiversity databases, accelerates biodiversity data collection, real-time monitoring, and species conservation through an engaging and accessible gamified citizen science platform. Millions of data points are validated using state-of-the-art, AI-driven technologies, which are refined and verified by local biologists and experts.Our services connect species presence and distribution predictions to key metrics such as extinction risks, ecosystem condition indicators, and impact analyses. By doing so, Biome Inc. has supported over 400 projects across Japan and Asia, spanning public, corporate, and financial initiatives, as well as reporting for disclosures, conservation efforts, and nature-positive targets.biome.co.jp/en/About NTT CommunicationsFounded in 1999, NTT Communications provides a comprehensive range of ICT services, leveraging our leading-edge infrastructure and technical expertise. Our solutions span networks, cloud, data centers, applications, security, and AI. In 2022, we became the core provider of enterprise services within the NTT DOCOMO Group. Under the "docomo business" brand, we drive the global-scale transformation of industries by utilizing 5G, IoT, and other advanced technologies. We also support the creation of new workstyles and the digital transformation of local communities. https://www.ntt.com/en/index.htmlAbout NTT COMWARENTT COMWARE envisions a future that is friendly to people and society and contributes to the realization of an affluent world where people can connect each other. NTT COMWARE will enhance its network platform for the next generation, bring about social and industrial structural changes, drive business expansion of the DOCOMO Group, and promote DX of the NTT Group based on the quality and reliability that have supported Japan's social infrastructure. For details, please visit here.https://www.nttcom.co.jp/english/about/value/About NTT DATANTT DATA is a $30+ billion trusted global innovator of business and technology services. We serve 75% of the Fortune Global 100 and are committed to helping clients innovate, optimize and transform for long-term success. As a Global Top Employer, we have diverse experts in more than 50 countries and a robust partner ecosystem of established and start-up companies. Our services include business and technology consulting, data and artificial intelligence, industry solutions, as well as the development, implementation and management of applications, infrastructure and connectivity. We are also one of the leading providers of digital and AI infrastructure in the world. NTT DATA is part of NTT Group, which invests over $3.6 billion each year in R&D to help organizations and society move confidently and sustainably into the digital future. Visit us at nttdata.com.About NTT DOCOMONTT DOCOMO, Japan's leading mobile operator with over 90 million subscribers, is one of the global leaders in 3G, 4G and 5G mobile network technologies. Under the slogan “Bridging Worlds for Wonder & Happiness,” DOCOMO is actively collaborating with global partners to expand its business scope from mobile services to comprehensive solutions, aiming to deliver unsurpassed value and drive innovation in technology and communications, ultimately to support positive change and advancement in global society.https://www.docomo.ne.jp/english/ Copyright 2025 JCN Newswire via SeaPRwire.com.
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TANAKA Memorial Foundation Announces Recipients of FY2024 Precious Metals Research Grants JCN Newswire

TANAKA Memorial Foundation Announces Recipients of FY2024 Precious Metals Research Grants

TOKYO, Mar 31, 2025 - (JCN Newswire via SeaPRwire.com) - The TANAKA Memorial Foundation’s Representative Director, Hideya Okamoto, announced the recipients of the FY2024 Precious Metals Research Grants.Following a rigorous screening process, Ichiro Tanaka Awards, for 3 million yen each, were presented to Assistant Professor Akihiro Ishii of Tohoku University and Professor Yu Matsuda of Waseda University. In addition, three research projects received the Innovative Precious Metals Award, and six KIRAMEKI Awards were presented.The TANAKA Memorial Foundation undertakes programs designed to foster developments in new precious metal fields while contributing to the advancement of science, technology, and socio-economics for the overall enrichment of society. The research grant program was launched in FY1999 and has continued each year since with the goal of supporting the various challenges of the “new world opened up by precious metals. “Forging a better tomorrow with ‘Hirameki’ and ‘Kirameki’" was adopted as the catchphrase for this year, the program’s 26th year. Applications were invited for research and development themes that contribute toward the continued creation of a better future using the creativity of researchers and the potential of precious metals. As a result, a total of 238 applications were received, and a total of 27 research grants of 19.8 million yen was awarded.The names of the recipients of the Ichiro Tanaka Award, their research, and the reasons for their selection are below.Ichiro Tanaka AwardAssistant Professor Akihiro Ishii of Tohoku UniversityNew developments in Half-Heusler compounds as highly refractive transparent materialsThis research led to the theoretical discovery that Half-Heusler compounds, including rhodium, iridium, platinum, gold, and other precious metals, become highly refractive materials that are transparent in the near infrared range. The research was highly rated for presenting a new method for using precious metals, and for its possible application to a wide range of technologies, including sensors for use in photoelectric conversion devices and automated driving technologies, and exposure equipment used in semiconductor manufacturing.Ichiro Tanaka AwardProfessor Yu Matsuda of Waseda UniversityEstablishment of a temperature measurement technique for highly efficient operation of cryogenic fluids using ruthenium complexesThis research seeks to develop a technique for measuring temperature distribution observed in the cryogenic range, which is not possible using infrared light, by using the fluorescence of ruthenium complexes. With increasing demand for liquefied natural gas and liquid hydrogen over recent years, the research was highly rated for presenting an innovative technique able to measure the temperature distribution data required when designing equipment for improving the efficiency of transporting and operating such materials, and as research and development that can contribute significantly toward carbon neutrality.Three Innovative Precious Metals Awards, six KIRAMEKI Awards, and 16 HIRAMEKI Awards were also granted. The recipients and an overview of the Precious Metals Research Grants are indicated below. Applications for the FY2025 research grants are scheduled to open in the fall.List of FY2024 Precious Metals Research Grants RecipientsOverview of the 2024 Precious Metals Research GrantsConditionsNew research and development that uses precious metals or can be applied to precious metals, contributes to the creation of a sustainable future, and falls under any of the following- New technology related to precious metals (new materials, processing methods, process development, etc.)- Research that brings about innovative evolution in product development (new functions, process development, computational science, etc.)- Research and development of new products using precious metals- Effective technologies for creating a well-balanced and prosperous society* Precious metal refers to eight elements of platinum, gold, silver, palladium, rhodium, iridium, ruthenium and osmium.* If development is conducted jointly (or planned to be) with other material manufacturers, please indicate so.* Products that have already been commercialized, put to practical use, or that are planned are not eligible.Grant Amounts (Maximum amounts from a grant pool of 20 million yen)Umekichi Tanaka Award10 million yenIchiro Tanaka Award (Previously Gold Award)3 million yenInnovative Precious Metals Award (Previously Silver Award)1 million yenKIRAMEKI Award (Previously Young Researcher Award)1 million yenHIRAMEKI Award (Previously TANAKA Special Award)300,000 yen*The grant amount is treated as a scholarship donation.*Awards may not be granted in some cases.Note: Names of the Gold Award, Silver Award, Young Researcher Award, and TANAKA Special Award have changed from this year.Eligible Candidates- Personnel who belong to (or work for) educational institutions in Japan (universities, graduate schools, or technical colleges) or public and related research institutions may participate.*As long as the applicant is affiliated with a research institution in Japan, the base of activity can be in Japan or overseas.*The KIRAMEKI Awards are for researchers under the age of 37 as of April 1, 2024.Application Period- 9am, September 2, 2024 (Mon) - 5pm, November 30, 2024 (Sat)Inquiries Concerning the Research Grant ProgramPrecious Metals Research Grants OfficeGlobal Marketing / R&D Supervisory Department, TANAKA PRECIOUS METAL TECHNOLOGIES Co., Ltd.2-6-6 Nihonbashi Kayabacho, Chuo-ku, Tokyo 103-0025E-mail: joseikin@ml.tanaka.co.jpTANAKA Memorial Foundation website: https://tanaka-foundation.or.jpTANAKA Memorial FoundationOrganization Name: TANAKA Kikinzoku Memorial FoundationAddress: 22F Tokyo Building, 2-7-3 Marunouchi, Chiyoda-ku, TokyoRepresentative: Hideya Okamoto (Special Advisor, TANAKA Holdings Co., Ltd.)Incorporated: 2015Purpose of Business: To provide grants for research related to precious metals to contribute to the development and cultivation of new fields for precious metals, and to the development of science, technology, and the social economy.Areas of Business: Provision of grants for scientific and technological research related to precious metals. Recognition of excellent analysis of precious metals and holding of seminars and other events.TANAKA PRECIOUS METAL TECHNOLOGIES Co., Ltd.Headquarters: 2-6-6 Nihonbashi Kayabacho, Chuo-ku, TokyoRepresentative: Koichiro Tanaka, Group CEOFounded: 1885Incorporated: 1918Capital: 500 million yenEmployees: 2,798 (Including overseas subsidiaries) (December 31, 2024)Sales: 353,213,723,000 yen (FY2024)Main businesses: Manufacture, sales, import and export of precious metals (platinum, gold, silver, and others) and various types of industrial precious metals products.URL: https://tanaka-preciousmetals.comPress InquiriesTANAKA Holdings Co., Ltd.https://tanaka-preciousmetals.com/en/inquiries-for-media/Press release: https://www.acnnewswire.com/docs/files/20250331_EN.pdf Copyright 2025 JCN Newswire via SeaPRwire.com.
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Fujitsu and Macquarie University partner to help address critical shortage of machine learning engineers JCN Newswire

Fujitsu and Macquarie University partner to help address critical shortage of machine learning engineers

TOKYO, Mar 31, 2025 - (JCN Newswire via SeaPRwire.com) - Faster and highly accurate AI models will be available and accessible to students through a strategic partnership between global digital transformation leader, Fujitsu, and Macquarie University.The collaboration, formed through an established strategic partnership, will offer university-developed AI micro credentials via Macquarie University’s online learning platforms as well as popular platforms including LinkedIn Learning and Udemy, allowing students, researchers and industry professionals around the world access to Fujitsu’s proprietary AutoML technology while developing valuable knowledge and skills in automated machine learning.The new four-week online course, “Fujitsu AutoML: Mastering Automated Machine Learning” will open for registrations. The course is tailored to bridge the gap in AI education and will teach basic theory with practical exercises on topics including automated machine learning, models and algorithms using the Fujitsu AutoML tool.Accelerating AI implementation process with Fujitsu AutoML technologyThe Fujitsu AutoML technology speeds up analysis by evaluating the most promising machine learning pipelines, rather than all combinations of possible outcomes. The technology also enhances transparency for data-driven decision-making by showing users how the AI model is built.Fujitsu AutoML is an integral component of Fujitsu’s cloud-based AI Platform, Fujitsu Kozuchi, which enables rapid development, testing, and implementation of AI across seven areas: Generative AI, AutoML, predictive analytics, text, vision, AI trust, explainable AI.Mahesh Krishnan, Chief Technology Officer for Oceania at Fujitsu, said, “Collaboration between universities and technology firms like Fujitsu are essential in bridging the gap between the growing demand for AI experts and the limited supply of skilled technology professionals.“Fewer than 8.5% of Australian graduates hold an engineering qualification, ranking Australia sixth lowest among OECD countries. This impacts the ability for Australian organisations to effectively implement artificial intelligence solutions, to innovate, and stay competitive.(1)“Fujitsu is teaming up with Macquarie University to nurture the next generation of leaders with expertise in new and emerging areas of technology, including Machine Learning and Artificial Intelligence, to help solve real-world problems. We’re also doing it just when the market needs it the most.”Professor Amin Beheshti, Director of the Centre for Applied AI at Macquarie University sees wide-ranging positive impacts for this new course, “Macquarie is the home of Fujitsu's first Small Research Lab in the Southern Hemisphere. Now, we're joining forces to give students a leg up in the booming area of AI.”“This collaboration with Fujitsu is not just about addressing the immediate need for skilled machine learning engineers. It's about paving the way for future innovations. We’re also contributing to the research exploring how Generative AI can transform the field of automated machine learning. This initiative is a testament to our commitment to advancing knowledge in AI and shaping the future of technology.”The Fujitsu Macquarie AI Research Lab, established at Macquarie University, has paved the way for deeper industry-academia collaboration and innovation. Tapping into Macquarie University’s advanced research capabilities and Fujitsu’s expertise in AI technology, the Fujitsu AutoML collaboration aims to democratise AI education. By empowering students, researchers, and industry professionals with practical knowledge of automated machine learning, this initiative will bridge the gap between theory and real-world machine learning applications.This collaboration with Macquarie University underscores Fujitsu's ongoing commitment to advancing AI education and innovation. Fujitsu recently introduced a multi-AI agent security technology within its AI platform, Fujitsu Kozuchi, designed to proactively defend against cyber threats.In addition, Fujitsu is advancing video analytics through several key initiatives. This includes the development of an AI agent for video analytics that enhances workplace safety and efficiency by analysing long-duration video footage. Fujitsu has also partnered with Linius Technologies to expand these capabilities, delivering AI-powered insights from video data to improve safety and security across various sectors and environments.(1) Source :https://www.engineersaustralia.org.au/about-engineering/statisticsAbout FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.Press ContactsFujitsu LimitedPublic and Investor Relations DivisionInquiries Copyright 2025 JCN Newswire via SeaPRwire.com.
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Mitsubishi Corporation, ADM Sign Non-Binding MOU, Form Strategic Alliance JCN Newswire

Mitsubishi Corporation, ADM Sign Non-Binding MOU, Form Strategic Alliance

TOKYO, Mar 28, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Corporation and ADM are pleased to announce that both companies have signed a non-binding memorandum of understanding to form a strategic alliance to explore potential areas of future collaboration across the agriculture value chain.In recent years, the importance of secure and resilient food and agriculture supply chains has come into sharper focus, driven both by short-term dislocations as well as structural demand shifts powered by global population growth, economic development, and increasing consumer preference for sustainably sourced products. It has thus become essential to adopt a comprehensive and cross-industrial approach, connecting multiple businesses in different segments to address these challenges.Building on their long relationship, MC and ADM now will explore potential new ways to bring their respective strengths together to meet these global challenges.MC offers a cross-industrial business platform spanning multiple industries including food and energy, with ADM offering the capabilities of one of the world's largest food and agriculture companies. The companies hope that these broad and deep capabilities will allow them to create value by identifying new opportunities to meet global needs ranging from a robust biofuel supply chain to a stronger, more resilient global food system.Together, MC and ADM are committed to creating value and driving solutions that will help shape the future of the global agriculture value chain. Copyright 2025 JCN Newswire via SeaPRwire.com.
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NEC and COEDO Brewery develop the second edition of “The taste of life created by brewers and AI — Agentic AI x Craft Beer” JCN Newswire

NEC and COEDO Brewery develop the second edition of “The taste of life created by brewers and AI — Agentic AI x Craft Beer”

- Expressing generational characteristics through taste and aroma to promote intergenerational communication -TOKYO, Mar 28, 2025 - (JCN Newswire via SeaPRwire.com) - NEC Corporation (NEC; TSE: 6701) and Kyodoshoji Corporation Limited (COEDO Brewery) have developed four craft beers under "The taste of life created by brewers and AI — Agentic AI × Craft Beer" name to promote intergenerational communication. NEC's Agentic AI and brewers from COEDO Brewery collaborated to analyze the characteristics and standards of generations from their 20s to 50s, and expressed them in terms of taste and aroma. This is the second series of craft beers to be jointly developed by the two companies since 2020. COEDO Brewery will be selling the products at supermarkets in Japan and through the COEDO Brewery online store.In today's business world, organizations must adapt to technological advances and rapid market changes by blending the ideas of multiple generations to speedily solve problems and make changes. In addition, as globalization and customer needs continue to diversify, organizations need to create an environment that is receptive to a wide range of standards. Through these carefully crafted brews, the two companies aim to create opportunities to deepen mutual understanding between generations and assist in intergenerational communication. In the future, NEC will continue to expand Agentic AI to product development across various industries. COEDO Brewery will create value by promoting diverse product development using AI technology in craft beer production.Development Process for "The taste of life created by brewers and AI — Agentic AI × Craft Beer"(1) A brewer prompts Agentic AI based on NEC's generative AI "cotomi" to create a new craft beer recipe based on the profile of a Japanese person in their 20s. The Agentic AI will then autonomously break down the task and begin executing it using recipe information from inside and outside the company.(2) Agentic AI searches and translates COEDO Brewery's internal recipe data and open data from around the world.(3) In parallel, cotomi analyzes the characteristics, standards and traits of generations of contemporary Japanese and creates personas.(4) While referring to the information collected and analyzed in (2) and (3), a brewer is asked to submit a recipe proposal that incorporates the following categories: "recipe description," "relationship to the image of the era," "taste," "aroma," "color," "ingredients," "bitterness," "manufacturing process," and "customization suggestions."(5) A brewer may hold discussions with the Agentic AI, such as modifying a recipe by saying, "Please change the brewing method to enhance the reddish color," or seeking advice by asking, "What flavors are most popular with people in their 20s?"NEC BluStellarNEC BluStellar is a value creation model that leverages NEC's cutting-edge technologies, developed and refined through years of experience and proven cross-industry expertise. It aims to transform business models, address social challenges, resolve management issues faced by customers, and lead them into a brighter future.About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.About COEDO BreweryA craft beer brand from Kawagoe, Saitama, with the concept of "Beer Beautiful." The signature beer is "Beniaka," made from locally grown sweet potatoes. We are a sustainable agricultural craft brewery that showcases the meticulous craftsmanship of Japanese artisans and the rich flavors of beer, promoting the charm of agriculture through beer. We aim for integrated production, from barley cultivation on our own farm. The quality and brand design have received global recognition, and our products are exported to 30 countries, including the United States, Australia, Singapore, France, and the United Kingdom, advancing activities from a local perspective https://coedobrewery.com/en. Copyright 2025 JCN Newswire via SeaPRwire.com.
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Akanetsu Installs Heat Source Facilities Utilizing Green Hydrogen, the First Such Initiative by a District Heating and Cooling Company in Central Tokyo JCN Newswire

Akanetsu Installs Heat Source Facilities Utilizing Green Hydrogen, the First Such Initiative by a District Heating and Cooling Company in Central Tokyo

TOKYO, Mar 27, 2025 - (JCN Newswire via SeaPRwire.com) - Akasaka Heating&Cooling Supply Co.,Ltd (Headquarters: Minato-ku, Tokyo; Representative Director and President: Morimasa Takagi; hereinafter "Akanetsu"), Ltd. which operates and manages a district heating and cooling system for the stable supply of energy produced in an underground plant to buildings in the Akasaka 5-chome district of Minato-ku, Tokyo, including the TBS Broadcasting Center, hereby announces that it has installed facilities utilizing green hydrogen. This new development marks the first such initiative for a district heating and cooling company in central Tokyo. By harnessing green hydrogen to generate electricity with fuel cells, and by switching some fuels from city gas, Akanetsu aims to help reduce CO2 emissions in the process of producing cooling and heat. In this initiative, which is unique in Japan, installation of facilities is expected to be completed by October 2025, with green hydrogen transactions to begin in January 2026.1. Facility OverviewGreen hydrogen produced in Japan using renewable energy is transported by trailer to the Akasaka area of Tokyo, where it is stored in hydrogen storage alloy tanks manufactured by Shimizu Corporation and used as fuel for fuel cells and boilers.2. Details of Installed FacilitiesHydrogen storage tanksThese are safe and compact hydrogen storage alloy tanks, capturing the benefits offered by hydrogen adsorbed on a special alloy to reduce hydrogen gas volume to 1/1000 of its original volume for storage. Unlike conventional liquefied hydrogen tanks and high-pressure containers, hydrogen adsorbed on hydrogen storage alloys is handled at a low pressure of less than 1 MPa, and the use of non-hazardous alloys that do not ignite when placed near fire ensures safety for installation inside buildings. In addition, these rare earth-free alloys contribute to cost reductions.Specifications: Hydrogen storage alloy tank (manufacturer: Shimizu Corporation)Capacity: 1,350 Nm3 (when combined with fuel cells, enables supply of 5,000W of electricity for about 2 weeks)Fuel cellsThese supply power to LED lights, some air conditioning, and emergency outlets on the plant premises. It provides "carbon zero" (carbon-free) electricity by generating electricity using green hydrogen and operates independently not only on a daily basis but also in the event of a power outage.Specifications: Pure hydrogen fuel cell (manufactured by Panasonic Corporation)Power generation capacity: 5,000W x 2 unitsHydrogen boilersHydrogen-mixing combustion boilers have been selected to achieve use of dual fuels between hydrogen and city gas. Of the heat source machinery in the plant, these will be installed for boilers that emit relatively large amounts of CO2.Specifications: Hydrogen-mixing once-through boiler (manufactured by Hirakawa Corporation)Converted steam volume: 2,000 kg/h x 2 unitsMixing ratio: 50% (by volume, maximum ratio) of hydrogen and city gas 13AAbout District Heating and Cooling SystemA district heating and cooling system is a system in which chilled water, hot water, steam, etc. are supplied from a heat supply facility (district heating and cooling plant) to a group of buildings in a certain area through conduits to provide cooling, heating, and hot water supply. In addition to energy savings, the introduction of district heating and cooling brings a variety of other benefits, such as environmental conservation effects resulting in reduced emissions of greenhouse gases and nitrogen oxides, as well as improved convenience and safety.Akasaka Heating&Cooling Supply Co.,LtdAkasaka Heating&Cooling Supply Co.,Ltd ("Akanetsu") provides a stable supply of energy produced by two underground plants in the form of cold water, steam, and electricity to the TBS Broadcast Center and other buildings in the Akasaka 5-chome area of Minato-ku, Tokyo. Akanetsu has a business continuity plan (BCP) in place to ensure that its operations and daily life for local residents and commuters can continue uninterrupted in the event of a major disaster. Akanetsu is committed to supporting local lifestyles and contributing to society by introducing safe and secure facilities utilizing hydrogen to realize the future of green hydrogen as a next-generation energy source and a decarbonized world.Media Contact:Kyodo Public Relations Co., Ltd.E-mail: akanetsu-pr@kyodo-pr.co.jpPress release: https://www.acnnewswire.com/docs/files/20250327.pdf Copyright 2025 JCN Newswire via SeaPRwire.com.
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IGG INC Annual Profit Soars by 697% to HK$580 million JCN Newswire

IGG INC Annual Profit Soars by 697% to HK$580 million

IGG Inc 2024 Annual Financial Highlights and 2025 Business Update:- In 2024, the Group experienced a 9% year-on-year increase in revenue, reaching a total of HK$5.74 billion. This growth was primarily due to three growth drivers – two highly-rated games “Doomsday: Last Survivors” and “Viking Rise”, which contributed approximately HK$1 billion and HK$700 million, respectively, along with the APP Business , which generated HK$1.1 billion. These three contributors accounted for 49% of the Group’s revenue in 2024, up from 32% in 2023, underscoring the success of its diversified growth strategy. “Lords Mobile”, IGG’s flagship title launched nine years ago, made a significant contribution of nearly HK$2.6 billion in revenue.- The Group achieved a significant 697% year-on-year increase in net profit, reaching HK$580 million in 2024. The Group’s core business experienced a substantial surge of 3,626% year-on-year to HK$650 million in net profit. The investment business recorded an unrealized loss of approximately HK$70 million due to fair-value changes of investees.- Entering 2025, the Group will continue to enhance its gaming and APP Business, with a commitment to sustaining long-term profitability. The Group will release two blockbuster strategy games, “Frozen War” and Project PSS, along with a blockbuster casual game, “Tycoon Master”. With their innovative and meticulously crafted gameplay, these titles possess growth potential.HONG KONG, Mar 27, 2025 - (ACN Newswire via SeaPRwire.com) - IGG Inc (“IGG” or “the Group”, stock code: 799.HK), a leading global developer and publisher of mobile games and applications, is pleased to announce the audited consolidated financial results of the Group for the year ended 31 December 2024.In 2024, the Group steadily reinforced its development goal of “diversified growth and steady profitability” through three growth drivers: two highly-rated games, “Doomsday: Last Survivors” and “Viking Rise”, along with the APP Business. In terms of revenue, the Group experienced a 9% year-on-year increase, reaching HK$5.74 billion in 2024. This growth was primarily driven by “Doomsday: Last Survivors” and “Viking Rise”, which contributed approximately HK$1 billion and HK$700 million, respectively, while the APP Business generated HK$1.1 billion. These three contributors accounted for 49% of the Group’s revenue in 2024, up from 32% in 2023, underscoring the success of its diversified growth strategy. “Lords Mobile”, IGG’s flagship title launched nine years ago, made a significant contribution of nearly HK$2.6 billion in revenue. During the year, revenue from Asia, Europe and North America accounted for 42%, 34% and 20%, respectively, of the Group’s total revenue.With the contribution of the aforementioned businesses and extensive utilization of AI technology, the Group achieved a significant 697% year-on-year increase in net profit, reaching HK$580 million in 2024. The Group’s core business experienced a substantial surge of 3,626% year-on-year to HK$650 million in net profit. The investment business recorded an unrealized loss of approximately HK$70 million due to fair-value changes of investees. As at 31 December 2024, the Group’s mobile games were available in 23 different languages worldwide, with approximately 1.5 billion users in total and over 17 million monthly active users (“MAU”) across more than 200 countries and regions.Since its launch, the game “Doomsday: Last Survivors” has regularly introduced new features, including account entrustment, alliance vault and mini-games, to enhance gamer engagement. Additionally, the game ran a series of collaborations with different partners, including the classic game “Metal Slug 3” and hit movie “Pacific Rim”. These initiatives, coupled with offline tournaments, were well-received by its 73 million players[1], leading to a 50% year-on-year increase in revenue. Following the success of the first International Offline SLG Championship held last year, the Group is gearing up for the “2025 World Championship” for “Doomsday: Last Survivors”, “Lords Mobile”, and “Viking Rise” to let players experience the thrill of ‘live’ competitive gaming.“Viking Rise”, the Group’s first Viking-themed strategy game, received widespread acclaim when it was launched in late 2022. Throughout the year, the game continued to introduce new features, including Battle Royale gameplay, mercenary guild battles and a new conquest season entitled “Fenrir’s Judgement”. Additionally, the game reintroduced a collaboration with the popular TV show “Vikings” from MGM Television and its spinoff series “Vikings: Valhalla”. These enhancements and marketing initiatives resonated with its 40 million players2, driving a remarkable 66% year-on-year increase in revenue.“Lords Mobile”, IGG’s blockbuster title that debuted nine years ago, is the Group’s first cross-platform, multi-language, real-time game, lauded by Sensor Tower for its longevity[2], and designed for a global audience. It has received widespread acclaim from gamers, and consistently generates stable revenue for the Group. As of 31 December 2024, it has amassed 740 million registered users worldwide and has 9 million MAU. In the second half of 2024, the game introduced the much-anticipated “Chaos Arena” feature, alongside ongoing IP collaborations and various offline events, to sustain player interest.After a decade of exploration, research and development, the Group’s APP Business finally achieved significant breakthroughs and remarkable growth over the past two years. It has built a proprietary ad traffic platform supported by service-oriented mobile applications. Leveraging the Group’s global operational expertise and a base of more than 1 billion users, the APP Business reached a new milestone of 62 million MAU. It generated a remarkable HK$1.1 billion in revenue in 2024, representing 19% of the Group’s total revenue. The APP Business has emerged as a vital growth driver for the Group, contributing notably to a net profit of HK$95 million.Through a combination of share repurchases and dividend payouts, the Group consistently returns value to its shareholders. During the year, the total amount declared in dividends, together with the funds allocated for share repurchases, accounted for approximately 38% of the Group’s net profit for 2024. The Board of Directors declared a second interim dividend of HK6.4 cents per ordinary share. Coupled with the first interim dividend of HK8.5 cents, the total dividend declared amounts to HK14.9 cents, representing approximately 30% of annual profit. In 2024, the Group allocated approximately HK$47 million for share buybacks, which corresponds to approximately 8% of annual profit.Entering 2025, the Group will continue to enhance its gaming and APP Business, with a commitment to sustaining long-term profitability. The Group will release two blockbuster strategy games, “Frozen War” and Project PSS, alongside a blockbuster casual game, “Tycoon Master”. With their innovative and meticulously crafted gameplay, these titles possess growth potential. The Group is dedicated to drive growth for the APP Business by enhancing its platform development. Embracing the corporate spirit of “Innovators at Work, Gamers at Heart”, the Group will continue to strengthen its global R&D and operational capabilities, to relentlessly pursue its strategy of quality, innovation, and excellence in creating innovative yet timeless games.About IGG IncEstablished in 2006, IGG Inc is a leading global mobile games and applications developer and operator with headquarters in Singapore and local offices in the United States, China, Canada, Japan, South Korea, Thailand, the Philippines, Indonesia, Brazil, Türkiye, Italy and Spain. IGG offers multi-language and multifarious games and mobile applications to users around the world. The Group has established long-term partnerships with over 100 business partners, including global platforms, advertising channels, and vendors such as Apple, Google and Meta. IGG’s most popular products include the games “Lords Mobile”, “Doomsday: Last Survivors”, “Viking Rise”, “Time Princess”, along with a range of diversified mobile applications.[1]APP Business: development and operations of the Group’s mobile applications.[2]User data as of December 31, 2024.[3]Source: Sensor Tower, a third-party analytics platform Copyright 2025 JCN Newswire via SeaPRwire.com.
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China Travel International’s Revenue Reached HK$4,627 Million in 2024, Profit Attributable to Operation Grew 8% Year-on-Year JCN Newswire

China Travel International’s Revenue Reached HK$4,627 Million in 2024, Profit Attributable to Operation Grew 8% Year-on-Year

Results highlights:- Consolidated revenue was HK$4,627 million (YOY increase of 3%). Profit attributable to operation was HK$307 million (YOY increase of 8%).- Profit attributable to shareholders was HK$106 million, a decrease mainly attributable to the decrease in fair value of investment properties.- The Group managed 59 scenic and resort destinations through investment and operations, maintaining the leading position in the industry.- The Group’s financial position remained stable and healthy, with adequate investment and financing capabilities. Debt-to-equity ratio was 32%.- A dividend of HK1.5 cents per share was distributed for the full year, with a dividend payout ratio of 78%.HONG KONG, Mar 27, 2025 - (ACN Newswire via SeaPRwire.com) - China Travel International Investment Hong Kong Limited (“China Travel International” or the “Company”, together with its subsidiaries, the ‘‘Group’’) (Stock Code: 308) announced the annual results for the year ended 31 December 2024 (the “Period”). The Group recorded a consolidated revenue of HK$4,627 million for the Period, representing a 3% increase compared with the previous year. Profit attributable to operation was HK$307 million, representing an 8% increase compared with the previous year. The decreased profit for the Period was mainly attributable to a decrease in the fair value of investment properties.During the Period, the tourism economy returned to a growth tendency, the Group consistently strengthened its core functions and competitiveness, while committing to expanding operational scale and enhancing development capabilities. Total revenue from tourist attractions and related operations was HK$2,345 million, representing a 2% increase compared with the previous year. Attributable profit was HK$14 million, a turnaround from loss to profit. Demand for the travel document business returned to a normal level. Revenue from travel document and related operations was HK$344 million, representing a decrease of 27% compared with the previous year. Attributable profit was HK$176 million, representing a 30% decrease compared with the previous year. With the increase in tourist numbers due to the relaxation of travel restrictions and the opening of the Metropark Hotel Hung Hom and Green Residence serviced apartment in May 2024, revenue from the Group’s hotel operations was HK$820 million, representing an 18% increase compared with the previous year. Hotel operations recorded an attributable profit of HK$227 million, representing a 40% increase compared with the previous year. Revenue from passenger transportation operations was HK$1,093 million, representing an 11% increase compared with the previous year. The Group’s financial position remained stable and healthy, with adequate investment and financing capabilities. Cash and bank balances were HK$2,444 million and debt-to-equity ratio was 32%‚The Board does not recommend the payment of a final dividend for the Period. A dividend of HK1.5 cents per share was distributed for the full year, with a dividend payout ratio of 78%.By placing greater emphasis on customer demand-oriented approaches and developing a multi-level and differentiated product series, the Group is exploring the "Second Growth Curve." Guided by its strategic roadmap, the Group intensified innovation-driven development initiatives, achieving record-high revenues at select tourist destinations. With lean management instituted in Desert Star Hotel and Diamond Hotel officially opened, Shapotou Scenic Spot successfully developed a new “scenic spot + characteristic hotel” tourism model and created a national-level tourist resort, achieving considerable revenue growth during the year. The China-Vietnam Detian cross-border Tourism Cooperation Zone in Detian Scenic Spot has commenced operation, becoming the first cross-border tourism cooperation zone in China. Lanyue Hotel of CTS Lugu Lake offers a variety of immersive local cultural experiences, catering to the preferences of high-net-worth vacationers, and has been awarded multiple accolades as a boutique resort hotel. In cooperation with Tencent Video, Splendid China has introduced the IP of A Dream of Splendour to create the IP powered “Splendid and Flourishing Age”, an immersive new cultural and entertainment district.Through the acquisition and strategic management of premium scenic assets, the Group is positioning itself as a “first-class tourist destination investment and operation service provider”. During the Period, the Company established a joint venture for the Longqi Bay Resort project in Dapeng New District, Shenzhen, an important exploration for the Company’s goal of building a quality “one-stop leisure and vacation destination in the Greater Bay Area”. Additionally, the Company formed a joint venture for the urban renewal of Chongqing amusement park. The Company also established a joint venture to develop a domestic and international aerospace tourism destination in Hainan, starting with the upgrading and operation of the Wenchang Aerospace Science Center. Moreover, the Group launched three projects in Sichuan Daocheng Yading, Guangdong Shantou, and Jiangxi Ruiji, enriching the business line of natural and cultural scenic spots. The Group extended its management services to 16 additional well known tourism destinations in Xinjiang, Jiangxi, and other provinces, three of which are 5A grade scenic spots, including the Gate of the Taklamakan Desert in Xinjiang. Managing 59 scenic and resort destinations through investment and operations, the Group maintains the leading position in the industry.Driven by technological innovation, the Company has upgraded its management and operations, achieving high-quality and sustainable growth. The Company continued to iterate and enhance the functionality of its digital platforms to optimise booking processes and the customer service experience. All the Company’s controlled scenic spots have adopted digital platforms for integrated online business operations. By leveraging capabilities such as whole-staff marketing and discount purchase limits, the Company further enhances its self-operated sales volume. The Company successfully integrated with the parent company’s Hong Kong platform, CTGO, providing strong support for the expansion of Hong Kong operations. The Company has also explored innovative applications of new technologies and products such as AI and drones in scenic areas. Five innovative scenarios were launched, such as an AR tour experience at Detian Scenic Spot, Qianxiaobao AI Agent, and drone performances at Window of the World, in order to enhance customer experience.About China Travel International Investment Hong Kong LimitedWith its strategy of becoming "a first-class tourist destination investor, operator and service provider", the Group focuses on the development of tourist destinations and is committed to develop and operate premium cultural and tourism products with unique experience in travel and leisure. The principal business activities of the Group include investment and operations of tourist attraction and related business (including theme parks, natural and cultural scenic spots, leisure resorts and supplementary tourist attraction operations), travel document and related operations, hotel operations and passenger transportation operations.This press release is issued by Porda Havas International Financial Communications Group for and on behalf of China Travel International Investment Hong Kong Limited. For enquiries, please contactMs. Kelly Fung/Ms. Wang PeiTel: +852 3150 6763 / +86 10 5923 2758Email: chinatravel.hk@h-advisors.global Copyright 2025 JCN Newswire via SeaPRwire.com.
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Hitachi to Install a New Digital Maturity Assessment Method to Accelerate DX in Global Manufacturing Operations JCN Newswire

Hitachi to Install a New Digital Maturity Assessment Method to Accelerate DX in Global Manufacturing Operations

TOKYO, Mar 26, 2025 - (JCN Newswire via SeaPRwire.com) - Hitachi, Ltd. (TSE: 6501, “Hitachi”) and International Centre for Industrial Transformation Ltd. (“INCIT”) today announced that Hitachi will implement INCIT's Smart Industry Readiness Index (SIRI) and XIRI-Analytics, an analytics platform, to accelerate the digital transformation (DX) of Hitachi's global manufacturing operations.In the next Mid-Term Management Plan, Hitachi aims to realize a "True One Hitachi" with digital at its core and to further grow the Social Innovation Business. To achieve this sustainable growth, it is essential to leverage Hitachi’s strengths in IT, OT, and products, and to accelerate the creation of unique value globally. In this context, it is necessary for the business divisions that handle products to build a production system that carries out all stages from design to manufacturing at optimal locations in Japan and overseas. It is also important to combine global manufacturing know-how with digital technology. Hitachi has been working to optimize the entire value chain from development to manufacturing and maintenance, and to enhance smart factories. In 2020, Hitachi was the first Japanese company to beselected as a “Lighthouse*1”, the world’s advanced factories.INCIT's SIRI, which will be introduced at this time, is a method for assessing the digital maturity of manufacturers and is the first such method offered by an independent, non-governmental organization in the world. The XIRI-Analytics, an analytics platform is used globally in 67 countries, 12 industries, and 57 sub-segments, and is designed to supportmanufacturers' DX efforts, regardless of scale of the business or industry. With XIRI-Analytics, stakeholders can make more informed decisions and accelerate their efforts to improve DX in manufacturing, sustainability, and ESG assessments.Until now, Hitachi has been using its own methods based on the deep knowledge of factory staff to evaluate progress inareas such as the digitalization of manufacturing departments and design capabilities. From now on, by combining Hitachi's know-how with SIRI and XIRI Analytics, it will be possible to conduct objective benchmarking using INCIT's wide range of industry data to understand the company's global position and DX priorities toward Industry4.0. By combining Hitachi's manufacturing and digital expertise with INCIT's analytical capabilities, Hitachi aims to further accelerate the transformation of the manufacturing sector and to improve global competitive advantage, growing its Social Innovation Business.*1 An initiative by the World Economic Forum (WEF) to designate advanced factories that will lead Industry 4.0. Three factories in Japan have been certified so far, and Hitachi's Omika Works was selected in 2020.About Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the 3 business sectors of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railwaysystems, and “Connective Industries” – connecting products through digital technology to provide solutions in variousindustries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. Thecompany’s revenues as 3sectors for fiscal year 2023 (ended March 31, 2024) totaled 8,564.3 billion yen, with 573 consolidated subsidiaries and approximately 270,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.About INCITHeadquartered in Singapore, the International Centre for Industrial Transformation (INCIT) is an independent, non-governmental organization established to lead the transformation of manufacturing around the world. INCIT supports manufacturers' Industry 4.0 initiatives and uses globally referenced frameworks, tools, concepts, and programs to drive innovation as a trusted partner to enable the rise of smart and sustainable manufacturing.For more information, please visit the company’s website at https://incit.org/en_au/. Copyright 2025 JCN Newswire via SeaPRwire.com.
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TGR Launches Partially Upgraded Supra RZ Grade and Special-edition Supra “A90 Final Edition” in Japan JCN Newswire

TGR Launches Partially Upgraded Supra RZ Grade and Special-edition Supra “A90 Final Edition” in Japan

The partially upgraded Supra RZ Grade has gone on sale as of today, March 21. The lottery for the special-edition Supra "A90 Final Edition" has also begun today, with 150 units in Japan.The Supra RZ Grade has been partially upgraded to deliver a more integrated driving experience for unrestrained driving joy not only on city streets but also on winding roads and circuits. It features improved braking performance for safety and security, an increased-rigidity body, suspension, and chassis, optimized tuning, and enhanced aerodynamic performance.TGR has created the special-edition "A90 Final Edition" as the current Supra model's culmination, with increased engine output and torque, to express gratitude to Supra fans around the world for their patronage. This special-edition Supra boasts numerous upgraded driving-related elements, such as strengthened brakes and body rigidity, and a KW suspension system, with such systems being a racing car favorite, and the use of high-grip tires. The result is an ultimate high-performance, high-spec model that has been optimally tuned in sync with the Supra's natural evolution.TOKYO, Mar 26, 2025 - (JCN Newswire via SeaPRwire.com) - TOYOTA GAZOO Racing (TGR) has launched a partially upgraded model of the Supra RZ Grade today, March 21, at Toyota dealerships across Japan. In addition, the lottery for the special-edition Supra "A90 Final Edition" has begun today at GR Garage locations across Japan, with 150 units in Japan. The entry period will run from today to April 13, with winners being announced on May 9.In 2019, driven by the strong desire of Chairman Akio Toyoda, aka Master Driver Morizo, the Supra stormed back after a 17-year absence. Said Chairman Toyoda upon its release: "Back in the day, I spent countless hours driving an old Supra at Nürburgring to become a master driver. Supra is like an old friend that holds a special place in my heart. While other manufacturers were putting their beautiful new prototypes which they were going to introduce through the paces, I was driving an old Supra that was no longer in production. So even though Toyota had no plans to make a new Supra, just like a lot of other die-hard Supra fans around the world, I secretly wanted to make it happen. The new GR Supra was born through testing at Nürburgring, and I can honestly say that it is a car that is fun to drive and better than ever."The current Supra has continued to evolve since its launch, with partially upgraded models released in 2020 and 2022. Now, TGR is launching a partially upgraded Supra RZ Grade that delivers a more integrated driving experience. In addition, to express its gratitude to Supra fans around the world for their patronage, TGR is also launching the special-edition Supra "A90 Final Edition," an ultimate high-performance, high-spec model, as the current Supra model's culmination.Please refer to the following press release for vehicle details.TGR Launches Partially Upgraded Supra (3.0-liter) and Special-edition Supra "A90 Final Edition"https://global.toyota/en/newsroom/toyota/41894560.html The partially upgraded Supra RZ Grade and the special-edition Supra "A90 Final Edition" will be on display at the 2025 AUTOBACS SUPER GT Round 1 to be held at Okayama International Circuit on April 12 and 13, 2025.For more information, visit https://global.toyota/en/newsroom/toyota/42475735.html. Copyright 2025 JCN Newswire via SeaPRwire.com.
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NEC provides 25G tunable SFP extended reach optical transceiver JCN Newswire

NEC provides 25G tunable SFP extended reach optical transceiver

NEC Corporation (NEC; TSE: 6701) has started international sales of a 25G tunable SFP extended reach optical transceiver equipped with a tunable laser that improves transmission distance from the 15km of conventional products to 40km, one of the longest transmission distances in the industry. The transceiver also enables reductions in both installation and maintenance costs, which helps to meet the demand for expanding 5G mobile network and access network areas.The new product uses NEC's original silicon photonics optical modulator to reduce the effects of wavelength dispersion, a characteristic of optical fiber that has limited the transmission distance of previous products. In addition, by adopting an electrical dispersion compensation (EDC) receiver circuit that compensates for waveform distortion, the transmission distance has been increased to 40km, 2.6 times that of the conventional product.Furthermore, by maintaining a power consumption of 2.5W, which is the same as that of the 15km product, it is possible to introduce this new transceiver into the same SFP port as before, allowing for flexible upgrades.In addition, the transceiver is compatible with wavelength division multiplexing (WDM), and can transmit up to 50 wavelengths multiplexed onto a single optical fiber, enabling significant reductions in optical fiber costs. It also has a tunable laser and can handle all 50 wavelengths with a single unit. This means that there is no need to prepare individual optical transceivers for each wavelength, making it possible to reduce inventory and maintenance costs.Features of the new product include the following:Reduces the effects of wavelength dispersion to achieve long-distance transmissionNEC has developed a new optical modulator that reduces the effects of wavelength dispersion using silicon photonics technology. In addition, by incorporating an EDC that electrically compensates for waveform distortion caused by wavelength dispersion in the receiver, the transmission distance has been extended to 40km.Connection with existing equipment is possibleIt has a power consumption of 2.5W, which is the same as the 15km product, and can be easily introduced into existing SFP ports that accommodate the existing product. The electrical interface is also compatible with the existing product, and transmission up to 40km is possible simply by introducing the new transceiver.Achieving a cost-efficient networkThis product supports WDM networks with up to 50 wavelengths. Since 50 wavelengths can be transmitted over a single fiber, the efficiency of fiber use is high, reducing fiber costs. In addition, since the wavelength can be set freely using a tunable laser, there is no need to prepare individual optical transceivers for each wavelength, reducing inventory and maintenance costs. The tunable laser is made possible by NEC's unique silicon photonics technology, and is integrated with the optical modulator described above.Automatic wavelength setting function for easy implementationThe transceiver communicates with the opposing optical transceiver and is equipped with a self-tuning function that automatically sets the wavelength, so the wavelength setting is completed with the optical transceiver alone. Since it does not require control from the host, no additional work is required when installing it in network equipment.In the years ahead, data traffic is expected to increase even more due to the spread of AI and video distribution services, and it is predicted that demand from users who require high-speed communication will also increase. For this reason, it is important to achieve further area expansion of 5G mobile networks and high-speed access networks at low cost.The 25G tunable SFP extended reach optical transceiver is a product that meets these market needs."More than 2 million units of short reach (SR) and long reach (LR) 25G transceivers were shipped in 2024, replacing 10G connectivity in enterprise and access networks. We expect that extended reach (ER) (40km) transceivers will account for 5% of the total shipments of 25G transceivers in 2025-2030, reaching close to 2 million units over the forecast period," said Vladimir Kozlov, CEO and Chief Analyst of LightCounting."NEC has developed a transformative 25G tunable SFP solution, pushing the boundaries of extended reach to 40km," said Takashi Sato, Corporate Senior Vice President at NEC. "This achievement was made possible by NEC’s proprietary silicon photonics modulator and state-of-the-art dispersion compensation techniques, specifically tailored to address the needs of extended reach for mobile and access networks."Going forward, NEC will continue to expand its lineup of optical transceiver products based on silicon photonics technology, which has the advantage of low power consumption and low cost, in order to meet the growing demand for data traffic.About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2025 JCN Newswire via SeaPRwire.com.
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Start of Joint Study on Integrated Power and Data Center Business in Ohgishima area in Keihin District JCN Newswire

Start of Joint Study on Integrated Power and Data Center Business in Ohgishima area in Keihin District

TOKYO, Mar 26, 2025 - (JCN Newswire via SeaPRwire.com) - JFE Holdings, Inc. (JFE) and Mitsubishi Corporation (MC) are pleased to announce that we have signed a memorandum of understanding and begun studying the possibility of establishing a joint power and data center business in the Ohgishima area in Keihin District.In the Ohgishima area, JFE is promoting land use conversion to a field that challenges advanced initiatives to realize carbon neutrality and innovation, with the aim of realizing the land use concept set forth in OHGISHIMA2050. A base for receiving, storing and supplying liquefied hydrogen is planned to be established in this area by fiscal 2030, and JFE is studying green power generation using this hydrogen at its own power plant in this area.On the other hand, MC is engaged in the data center business, which is positioned as the “AI infrastructure ” that supports the digital society, both in Japan and overseas, and has diverse industrial knowledge, including in the power business.In recent years, the demand for data centers has increased rapidly due to the increase in information processing needs worldwide. In addition to the limited land available for data center construction in urban areas, securing sustainable and stable electricity is an important issue when developing these facilities due to their high demand for power.JFE and Mitsubishi aim to resolve the above social issues and contribute to strengthening Japan's industrial competitiveness by considering the power business and data center business together.Specifically, taking into account the characteristics of the district, which can also supply green electricity by utilizing hydrogen and existing power plants, JFE and MC will jointly study the development of data centers in the area adjacent to JFE's own power plants by fiscal 2030, and the power business, including the expansion of power plants that will be necessary as land-use conversion progresses in the Ohgishimaarea, in order to develop the power and social infrastructure that supports the industry.JFE and MC will promote GX and DX initiatives starting with this joint study and contribute to the sustainable development of the region and society.(Land Use Zoning in JFE Land Use Initiative "OHGISHIMA 2050")*For more information on OHGISHIMA2050, please refer to the following URL.URL:https://www.jfe-holdings.co.jp/uploads/230907.pdf Inquiry Recipient:Mitsubishi CorporationTelephone:+81-3-3210-2171 Copyright 2025 JCN Newswire via SeaPRwire.com.
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World’s First Early Alzheimer’s Disease Treatment Developed in Japan LEQEMBI Receives Prime Minister’s Awardat the 12th Technology Management and Innovation Awards JCN Newswire

World’s First Early Alzheimer’s Disease Treatment Developed in Japan LEQEMBI Receives Prime Minister’s Awardat the 12th Technology Management and Innovation Awards

TOKYO, Mar 25, 2025 - (JCN Newswire via SeaPRwire.com) - Eisai Co., Ltd. announced today that humanized anti- soluble aggregated amyloid-beta (Aβ) monoclonal antibody “LEQEMBI®” (lecanemab) for the treatment of early Alzheimer’s disease (early AD *) has received the Prime Minister’s Award at the 12th Technology Management and Innovation Awards hosted by the Japan Techno-Economics Society (JATES **).The Technology Management and Innovation Awards was established in 2012 with the aim ofrecognizing outstanding examples of technology management that have produced world-changing innovations, and widely introduce them to society so that the awardees can serve as models for the next generation of managers and engineers. This year marks the 12th annual awards.This award recognized LEQEMBI as “a world-first treatment for early AD developed in Japan which selectively binds to and clears neurotoxic substances (abnormal proteins), thereby reducing the rate of disease progression. While companies and researchers around the world gave up on development, LEQEMBI is the result of Eisai’s long-term research on dementia. The increase in dementia patients inan aging society is serious, with enormous medical and nursing care costs, and considerable burden on caregivers. The contribution to addressing these challenges is of immense social significance.”AD is a progressive, fatal disease, and a global healthcare issue that greatly impacts not only the people living with the disease, but also their loved ones, care partners and society. Based on its corporateconcept of "human health care (hhc)," Eisai has taken on the challenge of this difficult issue throughnearly 40 years of drug discovery in the field of dementia, while spending time with patients and their families, as well as collaborating with various stakeholders including healthcare professionals, academia, patient organizations, care centers, health screening companies, and diagnostic companies to drive the development of a dementia ecosystem that aims to raise awareness and realize early diagnosis and treatment of AD. Eisai will strive to deliver LEQEMBI to more people with early AD who need it, while accelerate the building of a dementia ecosystem and continuing to create positive impact on the various issues surrounding dementia.Eisai serves as the lead of LEQEMBI development and regulatory submissions globally with both Eisai and Biogen Inc. (U.S.) co-commercializing and co-promoting the product and Eisai having final decision- making authority.* Collectively referred to mild cognitive impairment due to Alzheimer’s disease (AD) or mild AD dementia.** Institute founded in October 1966 to research technology, management, and economics, facilitate exchangeamong sectors thereof, and promote industrial activities (Japanese only): http://www.jates.or.jp/For more information, visit https://www.eisai.com/news/2025/news202524.html. Media Inquiries:Public Relations Department, Eisai Co., Ltd.+81-(0)3-3817-5120 Copyright 2025 JCN Newswire via SeaPRwire.com.
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NEC receives order for walkthrough gates leveraging face recognition technology to facilitate more seamless airport arrival and departure procedures JCN Newswire

NEC receives order for walkthrough gates leveraging face recognition technology to facilitate more seamless airport arrival and departure procedures

TOKYO, Mar 25, 2025 - (JCN Newswire via SeaPRwire.com) - NEC Corporation (NEC; TSE: 6701) has received an order from Japan’s Immigration Services Agency (ISA) for walkthrough gates utilizing face recognition technology to further streamline airport arrival procedures. Operation of these gates will commence after April 1 at Haneda Airport Terminal 3, Kansai International Airport Terminal 1, and Narita International Airport Terminal 3.NEC will also be installing Immigration & Customs Declaration KIOSKs (1) for ISA and Japan Customs that will be jointly used for immigration and customs inspections, updating electronic customs procedure gates (2) for Japan Customs, and providing guidance and support for passengers through the use of signage that will guide them through arrival and departure procedures. This will make entry and arrival procedures at airports even more seamless, contributing to greater convenience for travelers and improved staff efficiency.BackgroundWith the rising number of overseas visitors to Japan, there has been a rapid increase in the number of travelers who choose electronic options for immigration screening and customs declaration procedures. Moreover, with Expo 2025 Osaka, Kansai, Japan slated to be held this year and the Japan’s government having set a target of welcoming 60 million overseas visitors by 2030 (3), it is vital to ensure seamlessly efficient procedures at airports. As such, procedures utilizing state-of-the-art technologies are garnering more and more attention.About walkthrough gatesBy scanning their passport, taking their photo, and providing other necessary information at an Immigration & Customs Declaration KIOSK in advance, Japanese nationals returning to Japan can simply pass through a walkthrough gate to confirm their return, enabling even more seamless arrival procedures. In addition, thanks to the use of Bio-IDiom Edge Software (4) equipped with NEC’s face recognition technology boasting the world’s highest accuracy (5), this service makes it possible to swiftly and reliably verify the identity of travelers.Moreover, these gates employ terminal design and guidance messaging consistent with that of Immigration & Customs Declaration KIOSKs and the updated electronic customs procedure gates. This creates a refined space befitting a gateway to Japan while contributing to improved convenience for travelers.With the BluStellar value creation model, NEC is leveraging its cross-industry expertise and cutting-edge technologies to transform business models, tackle social challenges, and resolve management issues customers face. Going forward, NEC will continue striving to improve convenience to provide the world’s safest, most secure, and most convenient airport arrival and departure services.(1)NEC receives order for Immigration & Customs Declaration KIOSKs enabling simultaneous provision of information required for customs and immigration procedures at airports https://jpn.nec.com/press/202409/20240919_01.html (in Japanese only)(2)NEC to provide customs procedure system with face recognition for six major airports in Japan www.nec.com/en/press/201907/global_20190710_01.htmlNEC provides customs procedure system with face recognition for Okinawa’s busiest airport www.nec.com/en/press/202104/global_20210420_01.html(3)Official website of the Japan Tourism Agency www.mlit.go.jp/kankocho/en/index.html(4)This software equipped with NEC’s face recognition technology enables high-speed, high-precision identity verification to be performed even while travelers are walking. In addition, these systems can be installed in a wide variety of environments both indoors and out thanks to the utilization of compact box controllers manufactured by NEC Platforms.(5)NEC has been ranked No.1 several times as the world’s most accurate face recognition technology in vendor tests conducted by the U.S. National Institute of Standards and Technology (NIST). The evaluation results do not represent recommendations by the U.S. government for specific systems, products, services, or companies. www.nec.com/en/global/solutions/biometrics/index.html (6)NEC BluStellar is a value creation model that leverages NEC’s cutting-edge technologies, developed and refined through years of experience and proven cross-industry expertise. It aims to transform business models, address social challenges, resolve management issues faced by customers, and lead them into a brighter future. www.nec.com/en/global/necblustellar/index.htmlShareAbout NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2025 JCN Newswire via SeaPRwire.com.
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