Category: JCN Newswire

TOKYO & LONDON, Jan 10, 2025 - (JCN Newswire via SeaPRwire.com) - JCB International Co, Ltd, the international operations subsidiary of JCB Co, Ltd, Japan’s only international payment brand, has today released a new e-book "The Evolution of Payments: Key Growth Drivers across the European Region," providing expert insights into the key trends shaping the future of payments in Europe. The e-book explores:The 5 biggest growth drivers in the European marketHow to thrive in the new payments landscapeInsights from leading merchant acquirers, Worldpay, Nexi and WorldlineBy leveraging the strategies outlined in this guide, both merchants and acquirers can adapt to the evolving payments landscape and capitalise on the growing demand for seamless and secure transactions.The European region presents significant growth opportunities for merchants and acquirers, with consumers increasingly seeking frictionless payment experiences. The e-book highlights the rise in cross-border spending, fuelled by a resurgence in tourism and the continued growth of eCommerce. European tourism has rebounded, with visitor arrivals in 2024 exceeding pre-pandemic levels by 6% and spending up 13.7% compared to 2023.[1] This growth is particularly pronounced among Asian travellers, with arrivals from China and Japan up 64% and 53% respectively compared to 2023.[2]The e-book also addresses the growing importance of cybersecurity and fraud prevention, as digital payments become increasingly prevalent. It explores how innovations like AI, digital wallets, and contactless payments are transforming the payments landscape. By publishing this guide, JCB aims to showcase the need for businesses to adapt to evolving compliance and regulatory requirements to build trust and unlock new market opportunities. International travellers will enjoy a truly frictionless payment journey when merchants adopt these solutions and cater to their needs, enabling those businesses to thrive in today's dynamic digital marketplace.Omnichannel payments are also highlighted as a key driver of growth and customer loyalty. By providing seamless and personalised payment experiences across multiple channels, businesses can enhance customer engagement and drive repeat business.By combining industry research, data, and proprietary insights, JCB, Worldpay, Nexi and Worldline have shared a comprehensive perspective on the European payments landscape. As a result, this e-book aims to provide actionable steps for European business owners to adapt to the changing preferences of consumers, particularly digitally native generations, and create a payment experience that fosters loyalty and drives growth.Ray Shinzawa, Managing Director, JCB International (Europe) Ltd., commented: "In a fast-evolving payments landscape, growth is fuelled by trust, transparency, and partnership. Staying competitive requires a customer-first mindset, embracing change and collaborating across the ecosystem to innovate quickly and address challenges head-on. Our e-book is the perfect educational tool for businesses to understand and utilise the key growth drivers across the European region."Download and read the e-book:https://www.thepaymentshub.net/key-growth-drivers-across-the-european-region/About JCB JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 53 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 164 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/MEDIA CONTACTS:JCB International (Europe) Ltd.Diana Lee: dlee@jcbeurope.euJCB (Head Office in Japan)Anna Takeda: jcb-pr@info.jcb.co.jp[1] European Tourism Soars in 2024 with Strong Revenues[2] Inbound Tourism to Europe is Set for a Record-Breaking Summer - ForwardKeys Copyright 2025 JCN Newswire via SeaPRwire.com.

TOKYO, Jan 10, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced that the plug-in hybrid electric vehicle (PHEV) model of the Outlander crossover SUV achieved sales of over 14,290 units in Canada in 2024 – a 44% increase from the previous year – and became the best-selling PHEV1 for the second consecutive year.With high customer interest for electrified vehicles and strong demand for 4WDs that enable safe driving in severe winter conditions in Canada, the Outlander PHEV has received high acclaim for its safe, secure and smooth driving performance provided by the twin-motor 4WD and Super-All Wheel Control (S-AWC), as well as its high steering stability realized through the drive modes.Thanks to the strong sales of the Outlander PHEV, Mitsubishi Motors sold a total of 38,921 units in Canada in 2024, marking a 9% increase over 2023.The Outlander PHEV is Mitsubishi Motors’ flagship model which brings together the best of the brand’s electrification and all-wheel control technologies. Serving as an EV for daily use and a hybrid for long trips, the electrified SUV offers drivers quiet, smooth yet powerful acceleration unique to electrified vehicles, along with safe, secure rides in various weather and road conditions.The first-generation Outlander PHEV was launched in January 2013 in Japan as the world's first plug-in hybrid SUV and has been sold in over 60 countries, reaching total sales of over 390,000 units as of the end of last year2.In October 2024, Mitsubishi Motors released an updated model in Japan, which is also scheduled to be introduced in Europe this spring, followed by Australia, New Zealand and North America in due course. Through the use of electrification technologies, including PHEVs, Mitsubishi Motors will continue to strive to help tackle challenges for climate change and energy issues, as well as contribute to the realization of a carbon-neutral society.Desrosiers Automotive Consultants Alternative Propulsion Report for December 2024Based on in-house research.About 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 athttps://www.mitsubishi-motors.com/en/ Copyright 2025 JCN Newswire via SeaPRwire.com.

LAS VEGAS, NV, Jan 8, 2025 - (JCN Newswire via SeaPRwire.com) - Honda today presented the world premiere of two prototype models at CES 2025, Honda 0 Saloon and Honda 0 SUV, representing two Honda 0 Series models that will be introduced to global markets starting in 2026. Honda also introduced its original vehicle operating system (OS), the ASIMO OS, for Honda 0 Series models. Honda 0 SaloonBy further advancing the concept model introduced last year at CES 2024, the Honda 0 Saloon prototype was developed in preparation for a market launch scheduled in 2026. While maintaining the exact styling design of the concept model, the prototype model features both a low height, sporty styling that sets the Saloon apart from other EVs at first glance and an interior space that is more spacious than people can imagine based on the exterior dimensions.The Honda 0 Saloon, the flagship model of the Honda 0 Series, will be based on the newly-developed dedicated EV architecture and will feature a number of next-generation technologies that will embody the “Thin, Light, and Wise” development approach of the Honda 0 Series.At CES 2025, Honda is focusing on introducing certain technologies and features that contribute to the “Wise” value of the Honda 0 Saloon. This includes the highly reliable automated driving technologies backed by the Level 3 automated driving technology, which Honda put into practical use for the first time in the world, as well as “ultra-personal optimization” that will offer a mobility experience customized for each individual user, which will become possible with the ASIMO OS. The production model of the Honda 0 Saloon is scheduled to be introduced first in the North American market in 2026, then in global markets, including Japan and Europe. Honda 0 Series | WISE EXPERIENCE https://youtu.be/MW86NBIXIUwHonda 0 SUVBased on the Space-Hub concept model unveiled at CES 2024, proposing the new value of EVs as a “space” for people that Honda wants to offer with its future EV models, Honda presented the prototype of a mid-size EV SUV, which will be the first Honda 0 Series model. By applying the “Thin, Light, and Wise” approach to an SUV, the interior space was further increased, and a spacious cabin was achieved with an outstandingly clear and unrestricted field of view and great flexibility.As with the Honda 0 Saloon, the Honda 0 SUV will feature a wide variety of next-generation technologies which embody the “Thin, Light, and Wise” development approach of the Honda 0 Series. This model will offer the value of an “ever-advancing” space through the “ultra-personal optimization” and digital UX made possible by the ASIMO OS. Moreover, the Honda 0 SUV will apply high-precision attitude estimation and stabilization control based on 3D gyro sensors, technology Honda has amassed through the development of its original robotics technologies, to enable dynamics at the will of the driver on various types of road surfaces.The production model of the Honda 0 SUV is scheduled to be introduced first in North American market in the first half of 2026, then in global markets, including Japan and Europe.Honda 0 SUV https://youtu.be/4sIFhyG6cLcASIMO OSHonda 0 Series models will be equipped with the ASIMO OS, an original vehicle OS developed by Honda. ASIMO was a humanoid robot capable of autonomous walking, developed as part of Honda fundamental technology research with the aim of helping people while coexisting with people in society. Honda began robotics research and development in 1986, and introduced ASIMO in 2000. ASIMO became an icon in the field of robotics from the 2000s through 2010s and was loved by people all over the world for a long period of time thereafter.Honda gave the name ASIMO to this vehicle OS, the core technology to achieve the “Wise” value of the Honda 0 Series, with a determination to strive for making Honda 0 Series an icon of next-generation EVs, which will surprise and inspire people all around the world, just as ASIMO did. Even after development of ASIMO, Honda has been further advancing its robotics technologies, such as ASIMO technologies that recognize external environments and autonomous behavior control technologies that enable ASIMO to act while understanding the intentions of people around it. By combining such robotics technologies with advanced intelligence technologies for the Honda 0 Series, Honda strives to offer the value of software defined vehicles (SDVs) unique only to Honda.As a software platform, ASIMO OS will apply integrated control of electronic control units (ECUs) for vehicle systems such as automated driving/advanced driver assistance systems (AD/ADAS) and in-vehicle infotainment (IVI) system.By constantly updating the in-vehicle software based on the ASIMO OS through over the air (OTA) updates even after the purchase of the vehicle, functions and services will be continuously advanced in accordance with the preferences and needs of each individual user. The functions and services subject to constant updates include those which enhance the value of “space” and the digital UX, that ensures fun and comfortable mobility experience, and integrated control of dynamics unique to Honda, that determines the joy of driving, enabling the driver to feel at one with the vehicle.Honda is planning to install ASIMO OS to Honda 0 Series models, including production models of the Honda 0 SUV and Honda 0 Saloon.Automated driving (AD) technologyIn 2021, Honda became the world’s first automaker to put Level 3 automated driving equipment into practical use with the launch of the all-new Legend equipped with Honda SENSING Elite, which qualified for Level 3 automated driving (eyes-off), and conditional driving automation in limited areas. Honda developed Honda SENSING Elite to put this AD technology into practical use by anticipating all driving conditions and scenarios based on the premise that, in addition to reducing the number of traffic collisions in society, Honda AD must completely eliminate traffic accidents that people think a “human driver could avoid.”Honda believes that the widespread use of eyes-off technology will lead toward the realization of zero traffic collision fatalities in the future. Based on this belief, Honda will strive to offer affordable automated driving vehicles to more customers around the world through the Honda 0 Series.To this end, Honda applies an original Honda AI technology that combines the unsupervised learning*1technology of Helm.ai and the behavior models of experienced drivers, which enable AI to learn with smaller amounts of data, and efficiently expand the range of situations where automated driving and driver assistance can be available.In addition, Honda will apply its original cooperative AI developed through research into people and mobility to further improve the precision of cooperative behavior, such as yielding the right of way to others on the road, which is difficult even for a human driver. By applying these advanced technologies, Honda will realize a highly-reliable driver assistance system that can respond quickly and appropriately to unexpected situations, such as an animal darting into the lane or an object falling onto the road.Honda 0 Series models will be equipped with a system that enables the expansion of the range of driving conditions where driver assistance and Level 3 automated driving will be available. This expansion will start with eyes-off technology available in traffic congestion on highways, then will continue through the OTA updates of the functions. With Level 3 automated driving, the vehicle will be in charge of driving, which will enable a human driver to perform a “second task” while en route to their destination, whether watching a movie or remotely joining a meeting. Honda will further advance its technologies and become the first automaker to expand the application of eyes-off functions to all driving situations, opening up new possibilities for mobility.Development of SoC dedicated to Honda 0 SeriesAt the Honda press conference held at CES 2025, Honda and Renesas Electronics Corporation (Renesas) announced that they have signed an agreement to develop a high-performance system-on-chip (SoC) to realize the future SDVs Honda aims to achieve with Honda 0 Series models.For the next-generation Honda 0 Series models, which will be launched in the late 2020s, Honda will adopt a centralized E&E architecture that combines multiple ECUs, responsible for controlling vehicle systems, into a single, core ECU. The core ECU, which serves as the heart of the SDV, manages various vehicle systems, such as AD/ADAS, powertrain control, and comfort features, all on a single ECU. To achieve this, the ECU requires a SoC that provides higher processing performance than traditional systems, while minimizing any increase in power consumption.To fulfill such requirements, Honda and Renesas will realize a system that utilizes multi-die chiplet technology*2 to combine the Renesas generic fifth-generation (Gen 5) R-Car X5 SoC series with an AI accelerator optimized for AI software developed independently by Honda. With this combination, the two companies aim to develop a system that achieves one of the industry’s top class AI performances of 2,000 TOPS*3 (Sparse) with 20 TOPS/W power efficiency.Energy ServiceIn order to offer Honda 0 Series models that achieve the joy and freedom of mobility for more people with zero environmental impact, Honda will develop and offer new energy services based on two core concepts: 1) building a charging network that enables the customers to enjoy stress-free freedom of mobility and 2) enabling people to enjoy clean and smart daily lives utilizing EV batteries.As for the establishment of the charging network, Honda is striving to realize a society where 0 Series users will never have trouble recharging their vehicles. To this end, in North America, eight automakers*4 established a joint venture to create a charging network called IONNA. It aims to include at least 30,000 high-quality charging stations by 2030. In addition, by adopting the North American Charging Standard (NACS) for the charging port of Honda 0 Series models, Honda will continue making progress in expanding the charging network to ensure that Honda 0 Series owners will have access to more than 100,000 charging stations by 2030.Moreover, in line with the introduction of Honda 0 Series models, Honda is also considering a new charging service that leverages this broad charging network. By incorporating Amazon Web Services, Inc.（AWS）technologies, such as Amazon Bedrock, the generative AI technology of AWS, into Honda intelligent technology, and by analyzing data obtained from the Honda 0 Series and the extensive charging network, Honda will strive to provide a personalized charging experience for each individual in terms of finding charging facilities and simplifying payment.In order to achieve carbon neutrality, it is essential to further utilize renewable energy along with popularization of EVs. For home charging, which is expected to account for approximately 80% of all EV charging*5, Honda will further advance the Honda Smart Charge, a charging service for EV owners, which Honda is currently offering in North America, by combining the Home Energy Management System Honda is co-developing with Emporia Corp., with the Vehicle Grid Integration (VGI) system of ChargeScape, a software JV that Honda established with BMW and Ford. Through these initiatives, Honda will start offering new services that contribute to reducing electricity costs and CO2 emissions for our customers in North America and other markets starting in 2026.With this service, the collective fleet of Honda 0 Series models will also serve as a virtual power plant (VPP) and execute a personalized charging plan for each user. To be more specific, a Honda 0 Series model will charge itself by selecting times of the day when electricity costs are low and renewable energy can be utilized, and discharge the electricity for household use during times when electricity costs are high, thereby wisely managing the entire household’s electricity bill.Furthermore, when electricity is in short supply, the electricity stored in Honda 0 Series models can be supplied to the power grid, thereby contributing to the stabilization of electricity supply and enabling owners to gain some income from their EVs. Battery degradation, which can be a concern due to repeated charging and discharging, is also minimized through the use of battery management technology Honda has amassed through the development of hybrid-electric vehicles.(1) Unsupervised learning is one of the methods of machine learning, which supports AI. Unlike supervised learning through which AI learns the correct answers to derive from labeled input data, unsupervised learning lets AI learn without being provided with the correct answers and derives the patterns and unique characteristics of the unlabeled data on its own.(2) Technology to build a system by combining multiple chips (dies) with different functions(3) Tera Operations Per Second (TOPS) is a metric of AI processing performance and measures the number of operations that can be performed per second. Based on a sparse AI model.(4) American Honda Motor, a Honda subsidiary in the U.S., BMW Group, General Motors, Hyundai Motors, Kia Corporation, Mercedes-Benz Group, Stellantis N.V., Toyota Motor.(5) Honda internal researchHonda press conference at CES 2025 (livestreaming/archive)https://youtube.com/live/3M87dqNbY3U Copyright 2025 JCN Newswire via SeaPRwire.com.

TOKYO, Jan 8, 2025 - (JCN Newswire via SeaPRwire.com) - Honda Motor Co., Ltd. (TSE: 7267) and Renesas Electronics Corporation (TSE:6723) announced today that they have signed an agreement to develop a high-performance system-on-chip (SoC) for software-defined vehicles (SDVs). The new SoC is designed to deliver leading-edge*¹ AI performance of 2,000*2 TOPS combined with a world-class power efficiency of 20 TOPS/W, and is slated for use in future models of the “Honda 0 (Zero) Series,” Honda’s new electric vehicle (EV) series, specifically those that will be launched in the late 2020s. The agreement was announced during a Honda press conference held at CES 2025 in Las Vegas, Nevada on January 7.Honda is developing original SDVs to provide a mobility experience optimized for each individual customer in the Honda 0 Series. The Honda 0 Series will adopt a centralized E/E architecture that combines multiple electronic control units (ECUs) responsible for controlling vehicle functions into a single ECU. The core ECU, which serves as the heart of the SDV, manages essential vehicle functions such as Advanced Driver Assistance Systems (ADAS) and Automated Driving (AD), powertrain control, and comfort features, all on a single ECU. To achieve this, the ECU requires a SoC that provides higher processing performance than traditional systems, while minimizing any increase in power consumption.Renesas is committed to providing automotive semiconductor solutions that enable automobile OEMs to develop SDVs. Renesas’ R-Car solutions offer higher AI performance with the ability to customize by leveraging multi-die chiplet technology*3 and integrating AI accelerators*4 into its SoC.To realize the Honda vision for SDVs, Honda and Renesas reached an agreement to develop a high-performance SoC compute solution designed for core ECUs. Using TSMC’s leading-edge 3-nm automotive process technology, this SoC also can achieve a significant reduction in power consumption. Additionally, it realizes a system that utilizes multi-die chiplet technology to combine Renesas’ generic fifth-generation (Gen 5) R-Car X5 SoC series with an AI accelerator optimized for AI software developed independently by Honda. With this combination, the system aims to achieve one of the industry’s top class AI performances with power efficiency. The SoC chiplet solution will provide the AI performance required for advanced functions such as AD, while keeping power consumption low. Chiplet technology allows flexibility to create customized solutions and offers future upgrades for functional and performance improvements.Honda and Renesas have collaborated closely for many years. This agreement will accelerate the integration of advanced semiconductor and software innovations into the Honda 0 Series, enhancing the mobility experience for customers.(1) Renesas estimate as of January 2025(2) Tera Operations Per Second (TOPS) is a metric of AI processing performance and measures the number of operations that can be performed per second. Based on a sparse AI model.(3) Technology to build a system by combining multiple chips with different functions(4) Hardware designed for high-speed and high-efficiency AI (artificial intelligence) computational processing Copyright 2025 JCN Newswire via SeaPRwire.com.

TOKYO, Jan 7, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) will exhibit at the Tokyo Auto Salon 2025, one of the world's largest custom car shows, to be held from January 10 until January 12 at Makuhari Messe in Chiba, Japan. A total of eight vehicles will be on display, with the Triton as the centerpiece.The customized versions of the Triton one-ton pickup truck will include a vehicle customized by Hiromi, a Mitsubishi Motors brand ambassador, the winning vehicle from the Triton custom contest held in Japan, and an event vehicle equipped with a DJ booth for dance events hosted by Red Bull Japan Co., Ltd.For the plug-in hybrid electric vehicle (PHEV) model of the Outlander PHEV updated in October last year, a custom concept car inspired by the world of Metal Gear Solid series (by Konami Digital Entertainment Co., Ltd.) will be on display. There will also be a customized model of the Delica D:5 minivan, along with a Triton rally car and Delica D:5 and Delica Mini support cars from Asia Cross Country Rally 2024 (hereafter, AXCR 2024).Brand Ambassador Hiromi’s custom TritonThis customized version of the Triton was made to blend into urban driving environments by taking a pickup truck, characterized by large-diameter wheels and high ground clearance, and lowering it as close to the ground as possible. Its metal-plated parts are matte wrapped to exude a mature vibe.Winning vehicle from the Triton custom contestThe model that wins the Triton custom contest will be on display.Triton event vehicle equipped with DJ boothThis event vehicle was created through partnership with Red Bull Japan Co., Ltd. to provide a sound center for the dance events and other activities they host. The cargo bed of the Triton is equipped with a DJ booth, allowing for actual DJ performances at the events.Outlander PHEV Night Seeker ConceptBased on the Outlander PHEV with its outstanding road handling and functionality as an SUV, this custom concept car features a design inspired by the hit video game series Metal Gear Solid (by Konami Digital Entertainment Co., Ltd.). With a striking harmony between Mitsubishi Motors’ commitment to create cars that reach the destination without fail even on the harshest of roads, and the realistic stealth action of the Metal Gear Solid game series, this car is designed to captivate all generations of users who crave authenticity.Delica D:5 Black Edition Active SeekerBased on the Delica D:5 Black Edition, this car features a gunmetal matte finish with a low saturation green color. Its graphics designed to resemble the topography of Tokachi, Hokkaido, where Mitsubishi Motors’ proving ground is located, gives drivers the feeling of exploring out in the field and inspires a sense of being able to take on any type of adventure.AXCR 2024 Triton rally carThis rally car is based on the Triton, which debuted globally in 2023, and has been modified according to the Fédération Internationale de l'Automobile Group T1 specifications (modified cross-country vehicle). Reflecting on the results from the previous year's participation, its power performance has been further enhanced to compete with high-displacement rivals on high-speed stages. Additionally, the vehicle's off-road capability has been significantly improved by widening the tread and changing the rear suspension from a leaf spring system to a four-link rigid system with coil springs. This allows the Triton to maintain its good balance while also excelling in off-road speed.AXCR 2024 Delica D:5 support carLeveraging the Delica D:5’s robustness, maneuverability and road handling, this support car is equipped with a lift-up suspension, off-road tires, and an aluminum engine guard to improve its off-road capabilities. During AXCR 2024, it successfully supported Team Mitsubishi Ralliart by comfortably and reliably navigating a tough course of over 2,000 km across seven days.AXCR 2024 Delica Mini support carDebuting in the AXCR 2024, the Delica Mini support car is equipped with a lift-up suspension, all-terrain tires, and an engine guard to enhance its off-road capabilities. Despite being a kei-car, it successfully completed the entire rally course of over 2,000 km, which included flat dirt and muddy roads, supporting the team throughout.Mitsubishi Motors’ special website for Tokyo Auto Salon 2025 (in Japanese only)www.mitsubishi-motors.co.jp/carlife/autosalon/tas2025/Triton Custom Contest special website (in Japanese only)www.mitsubishi-motors.co.jp/carlife/autosalon/tcc2024/About 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.

LAS VEGAS, NV, Jan 7, 2025 - (JCN Newswire via SeaPRwire.com) - At CES 2025, Toyota Motor Corporation ("Toyota") announced the completion of Phase 1 construction of Toyota Woven City ("Woven City"), its test course for mobility. The launch of Phase 1 is planned for fall 2025 or shortly thereafter.Toyota first announced its transformation into a mobility company at CES 2018 and, at CES 2020, unveiled the Woven City concept being developed in collaboration with Woven by Toyota ("WbyT") to demonstrate Toyota's long-term commitment to shaping the future of mobility.Woven City has made steady progress since its groundbreaking ceremony on February 23, 2021, at the former site of Toyota Motor East Japan's ("TMEJ") Higashi-Fuji Plant in Susono City, Shizuoka Prefecture, Japan. Construction of Phase 1 buildings―the initial area for co-creation activities―was completed in October 2024. Preparations for the official launch are now underway.Woven City's Phase 1 has also previously been recognized for its environmentally conscious and human-centric design aimed at enhancing people's overall quality of life. It earned Japan's first LEED for Communities* Platinum certification, the system's highest rank.Alongside Phase 1 preparations, renovation of a former TMEJ Higashi-Fuji Plant facility into a manufacturing hub for Woven City is underway, and site preparation work for Phase 2 has commenced. Insights from Phase 1 will help refine plans for Phase 2 and future phases, and continually enhance the test course's functionality.Woven City is a test course for mobility where "Inventors" who share a commitment to working "for someone other than themselves" can develop, test, and validate innovative products and services. These inventors include Toyota and Toyota Group companies, such as WbyT, as well as external companies, startups, and individual entrepreneurs. By leveraging Toyota's decades-long manufacturing expertise and WbyT's software capabilities, Woven City offers a unique environment equipped with the tools and services needed to tackle societal challenges and create future-focused value. Through collaboration among inventors and feedback from residents and visitors, Woven City aims to drive innovation and shape a better tomorrow.The inventors of Woven City who have been confirmed so far are as follows.InventorsDaikin Industries, Ltd.Manufacturing, sales and after-sales services of air conditioning products, fluorochemical products, etc.Testing "pollen-free spaces" and "personalized functional environments"DyDo DRINCO, INC.Manufacturing and sales of soft drinks and other beverages, etc.Creating new value through innovative vending machine conceptsNISSIN FOOD PRODUCTS CO., LTD.Manufacturing and sales of instant noodles and related products, etc.Creating and evaluating food environments to inspire new 'food cultures'UCC Japan Co., Ltd.Regional headquarters of Japanese operating companies engaged in coffee manufacturing and salesExploring the potential value of coffee through futuristic cafe experiencesZoshinkai Holdings Inc.Comprehensive education services offering correspondence education and classroom programsLeveraging data to realize innovative educational methods and new learning environmentsAlphabetical order as of January 7, 2025Woven City is also in continued discussions with previously announced companies such as ENEOS Corporation, Nippon Telegraph and Telephone Corporation (NTT), and Rinnai Corporation.External startups, entrepreneurs, universities and research institutions are also scheduled to be invited to Woven City through an accelerator program, starting in summer 2025.Residents and visitors will play an equally vital role alongside inventors in Woven City. Known as 'Weavers,' these individuals share a passion for the 'expansion of mobility' and a commitment to building a more flourishing society. Through their participation in co-creation activities, Weavers will contribute to realizing the full potential of Woven City.At the official launch of Woven City, starting in fall 2025 or thereafter, approximately 100 residents―primarily Toyota and WbyT staff and their families―are expected to participate in co-creation activities as the first residents. The community will then gradually expand to include external inventors and their families. Phase 1 is projected to accommodate around 360 residents, with the total population, including Phase 2 and subsequent phases, expected to reach approximately 2,000. Initially, visitors will be limited to related parties, with plans to welcome the general public to participate as Weavers in co-creation activities starting in FY2026 or thereafter.Woven City also serves as a test course for Toyota's transformation into a mobility company. Together, Toyota and WbyT aim to redefine mobility, expanding its scope beyond transportation to encompass the movement of people, goods, information, and energy for the benefit of individuals and society. Designed as a human-centered city, Woven City places the people who gather there―Inventors and Weavers―at its center to unlock new possibilities in the shared pursuit of "Well-being for All". With an eye on expanding mobility from land, sea, and air to space, WbyT also announced an investment in Interstellar Technologies Inc. and will leverage Toyota's expertise to support the mass production of rockets.Woven City Phase 1 Basic InformationAddress1117 Mishuku, Susono City, Shizuoka, Japan (Former site of the TMEJ Higashi-Fuji plant)Site AreaApprox. 50,000 sq. m (approx.708,000 sq. m in total in the future)Main TimelineJanuary 7, 2020: Concept announced at CES 2020February 23, 2021: Phase 1 Groundbreaking Ceremony. Start of site preparation work in March 2021October 10, 2022: Phase1 Safety Prayer Ceremony. Start of building work for Phase 1 in November 2022October 31, 2024: Completion of Phase 1 constructionStarting in Fall 2025 or thereafter: Phase 1 official launchResidentsFrom fall 2025 or thereafter, Toyota and Toyota-related personnel will begin to move in, and in Phase 1, a total of approximately 360 people are scheduled to live there (in the future, the number of residents is expected to expand to 2,000 people in all areas)*LEED is an acronym for Leadership in Energy and Environmental Design and refers to a system for evaluating the environmental performance of buildings and cities operated by the U.S. Green Building Council. Woven City was certified in March 2023.About Woven by ToyotaWoven by Toyota, a part of the Toyota Group, is challenging the current state of mobility through human-centric innovation and empowering mobility transformation. Through our AD/ADAS technology, our automotive software development platform Arene OS, our mobility test course Toyota Woven City, and Toyota's growth fund, Woven Capital, we are pioneering the movement of people, goods, information, and energy, weaving a future of enhanced safety, connectivity and well-being for all. Copyright 2025 JCN Newswire via SeaPRwire.com.

TOKYO, Jan 7, 2025 - (JCN Newswire via SeaPRwire.com) - A collaborative research group led by Professor Kenjiro Ono of the Institute of Medical, Pharmaceutical and Health Sciences, Kanazawa University, and Eisai Co., Ltd., used a newly developed measurement system for lecanemab-associated amyloid-β protofibrils (Lec-PF) to demonstrate that the concentration of Lec-PF in human cerebrospinal fluid is elevated in patients withAlzheimer's disease at all stages, from mild cognitive impairment to mild and severe dementia, compared with non-Alzheimer's disease controls. Furthermore, this research identified that the concentration of Lec-PF in cerebrospinal fluid is significantly correlated with biomarkers reflecting neurodegeneration.Lecanemab (*1) is a unique dual acting antibody that selectivity binds to amyloid-β protofibril (PF *2) in addition to removing plaque, and is a treatment for patients with mild cognitive impairment and mild dementia due to Alzheimer’s disease (AD *3) (collectively referred to as early AD). The results of this study suggest that PF which is captured by lecanemab (Lec-PF), is present in the cerebrospinal fluid of patients with Alzheimer’s disease, and that Lec-PF is a highly toxic pathological protein that causes neurodegeneration. This research has revealed part of the mechanism by which lecanemab demonstrates its effect of slowing the progression of Alzheimer’s disease.Based on these findings, it may be possible in the future to measure Lec-PF concentration in cerebrospinal fluid before and afterlecanemab treatment to assess the treatments efficacy. In addition, because the concentration of Lec-PF in cerebrospinal fluid correlates well with neurodegenerative markers such as total tau (*4) and neurogranin (*5), it is expected that these findings could also be useful in predicting the prognosis of Alzheimer’s disease patients.This research was published in the online version of the international academic journal Annals of Neurology at 18:30 on January 6, 2025 (US Eastern Standard Time).Research Background and ObjectivesThe amyloid cascade hypothesis is a leading theory regarding the cause of AD, which states that amyloid beta (Aβ) (*6) abnormally aggregates outside of neuron, followed by the formation of tau neurofibrillary tangles, which causes damage to neuron and leads to the onset of the disease. PF is more neurotoxic than amyloid fibrils and plaque, which are the final stages of abnormal aggregated Aβ, and it is believed that PF may cause neurodegeneration (reference: Amin L and Harris DA. 2021). Lecanemab is an anti-PF antibody that has been used in medical practice since 2023 as a treatmentfor early AD. However, there have been no previous reports of measuring PF concentrations in human biological samples, and the profiles of PF, which is the therapeutic target of lecanemab, across the full AD continuum have not yet been understood.In this study, the research group used a newly developed, highly sensitive Lec-PF measurement system to measure the concentration of Lec-PF in human cerebrospinal fluid (CSF) in subjects with preclinical AD (*7), mild cognitive impairment due to AD, and AD dementia, as well as patients with SNAP (suspected non-AD pathophysiology) (*8) and people with normal cognitive function, and analyzed the association between Lec-PF and Aβ40, Aβ42, phosphorylated tau (p-tau) 181 (*9), p-tau 217, total tau, and neurogranin.Summary of Research ResultsThe Lec-PF CSF concentration was significantly higher in patients with mild cognitive impairment or dementia due to AD (MCI+,AD+ groups in Figure 1) than in those with normal cognitive function (YNC and AMC groups in Figure 1).Correlation analysis was conducted between the concentration of Lec-PF in cerebrospinal fluid and other cerebrospinal fluid markers (Aβ42, Aβ42/40 ratio, p-tau 181, p-tau 217, total-tau, neurogranin).Future DevelopmentsMeasuring the Lec-PF concentration in CSF before and after lecanemab treatment may be useful in assessing the efficacy of lecanemab treatment. In addition, because the concentration of Lec-PF in CSF correlates well with neurodegenerative markers, it may also be useful for predicting the prognosis of AD patients.This research was supported by the Japan Agency for Medical Research and Development (AMED) Research and Development Grants for Dementia (Grant No. 22dk0207053), Grants-in-Aid for Transformative Research (Grant No. 23H03850), and Grants-in-Aid for Scientific Research (Grant Nos. JP19k07965, JP22k07514).Fig. 1 Cerebrospinal fluid lecanemab-related amyloid protofibril (CSF Lec-PF) concentrations according to clinical diagnosis and amyloid positivity/negativityDescription of Figure 1Boxes in boxplots indicate interquartile ranges andhorizontal lines indicate medians.Abbreviations for each group: YNC (young normal control amyloid-negative), AMC (age-matched control amyloid-negative), CI- (cognitively impaired amyloid-negative), CU+ (cognitively unimpaired amyloid-positive), MCI+ (mild cognitive impairment amyloid-positive), AD+ (AD dementia amyloid- positive), CSF (cerebrospinal fluid)*p < 0.05Figure 2 Correlation between cerebrospinal fluid markers and cerebrospinal fluid lecanemab- related amyloid protofibrils (CSF Lec-PF)Description of Figure 2The black line and the red line indicate the 95% confidence interval (CI) of the Spearman correlation coefficient between CSFLec-PF and each cerebrospinal fluid marker in the entire subject group and in the amyloid-positive subject group, respectively. The black and red dots indicate the median value of the Spearman correlation coefficients. A large discrepancy between the black and red lines reflects the significant impact of the status of being either Aβ positive or negative.In this analysis, in all subjects (black line), the correlation coefficients between CSF Lec-PF and all measured biomarkers, namely Aβ42, Aβ42/40 ratio, p-tau 181, p-tau 217, total-tau, and neurogranin, were all 0.2 or higher, indicating significant correlations between CSF Lec-PF and these biomarkers.In the amyloid-positive group (red line), the Spearman correlation coefficients were 0.634 (CI: 0.409- 0.786) between CSF Lec-PF and CSF total-tau, and 0.434 (CI: 0.260-0.581) between CSF Lec-PF and CSF neurogranin, respectively, indicating a strong correlation between CSF Lec-PF and the two biomarkers. On the other hand, the correlations between CSF Lec-PF and the brain Aβ accumulation biomarkers, CSF Aβ42 and the CSF Aβ42/40 ratio, were both relatively low. This indicates that the amount of CSF Lec-PF is more strongly associated with neurodegeneration than the accumulation of Aβ in the brain.Published PapersJournal name: Annals of NeurologyPaper title: Lecanemab-associated amyloid-β protofibril in cerebrospinal fluid correlates with biomarkers of neurodegeneration in Alzheimer’s disease (Cerebrospinal fluid (CSF) lecanemab-associated amyloid protofibril concentrations correlate well with neurodegenerative biomarkers in AD)Authors: Moeko Noguchi-Shinohara, Kazuyoshi Shuta, Hidetomo Murakami, Yukiko Mori, Junji Komatsu, Chizuru Kobayashi, Steven Hersch, Kanta Horie, Kenjiro Ono (Moeko Shinohara, Kazuyoshi Shuta, Hidetomo Murakami, Yukiko Mori, Junji Komatsu, Chizuru Kobayashi, Steven Hersch, Kanta Horie, Kenjiro Ono)Date of publication: January 6, 2025 (US Eastern Standard Time). DOI: 10.1002/ANA.27175Terminology(1) LecanemabLecanemab is a treatment for early Alzheimer’s disease (AD) and is an antibody that selectively binds to amyloid protofibrils, which are considered to be particularly neurotoxic among amyloid beta aggregates. In September 2023, lecanemab was approved in Japan as a treatment for slowing progression of mild cognitive impairment and mild dementia due to AD.(2) ProtofibrilsProtofibrils are large Aβ aggregated soluble species of 75-5000 kDa, and are believed to contribute to the brain injury that occurs with AD and are considered to be the most toxic form of Aβ, having a primary role in the cognitive decline associated with this progressive, debilitating condition.(3) Alzheimer’s diseaseAD is a progressive brain disorder that gradually impairs memory and cognitive ability, eventually leading to a condition knownas dementia that interferes with daily life. In the brains of patients with AD, changes such as structures called senile plaques that form due to the accumulation of a substance called amyloid-β, abnormal tangles of neurofibrillary changes (neurofibrillarytangles caused by the abnormal phosphorylation of tau protein), and loss of neurons are observed. These changes progress over a long period of time.(4) Total TauTau protein is a type of microtubule-associated protein that is found in large amounts in neurons and glial cells in the central and peripheral nervous systems. In neurodegenerative diseases, including AD, the concentration of total tau in CSF increases as the disease progresses. For this reason, total tau is used as a marker of neurodegeneration.(5) NeurograninNeurogranin is a neuron-specific postsynaptic protein that is found in large amounts in areas such as the cerebral cortex andhippocampus. Neurogranin in CSF is used as a marker for neurodegeneration.(6) Amyloid beta (Aβ)Amyloid-β (Aβ) includes peptides generated by the cleavage of amyloid precursor protein (APP) by β- secretase and γ-secretase, such as Aβ40, which ends at position 40 of the C-terminus, and Aβ42, which ends at position 42 of the C-terminus Aβ42 inparticular has a high aggregating tendency, and in AD, there is a decrease in Aβ42 concentration in CSF and an increase in the Aβ40/42 ratio, which is known to show a strong correlation with the amount of amyloid accumulation measured by amyloid PET testing.(7) Preclinical Alzheimer’s diseaseA stage of AD before cognitive impairment has occurred.(8) SNAP (suspected non-Alzheimer’s disease pathophysiology)SNAP is an abbreviation for suspected non-AD pathophysiology. The term refers to a condition that involves neurodegeneration similar to that seen in AD, despite normal results of amyloid PET scans, CSF Aβ40/42 ratio, and CSF Aβ42. In this study, the CI- group (cognitively impaired amyloid-negative group) in Figure 1 corresponds to patients with SNAP.(9) Phosphorylated tauThe accumulation of phosphorylated tau protein is considered to be a cause of neurofibrillary tangles, which are pathological traits of AD. Many phosphorylation sites are known in tau protein, among which tau protein phosphorylated at threonine residue 181 (p-tau 181) and tau protein phosphorylated at threonine residue 217 (p-tau 217) are frequently seen in AD. For this reason, p-tau 181 and p-tau 217 in CSF are used as biomarkers for AD.ReferenceAmin L, Harris DA. Aβ receptors specifically recognize molecular features displayed by fibril ends and neurotoxic oligomers. Nat Commun. 2021;12:3451. DOI:10.1038/s41467-021-23507-zContact for InquiriesRegarding research content Kanazawa University Professor Kenjiro OnoTEL: +81-(0)76-265-2292Email: onoken@med.kanazawa-u.ac.jpAssociate Professor Moeko Shinohara TEL: +81-(0)76-265-2292Email: m-nohara@med.kanazawa-u.ac.jpEisai Co., Ltd.Kanta HorieE-mail: kanta_horie@eisai.comPublic Relations OfficerGeneral Affairs Section, General Affairs Division, Medical, Pharmaceutical and Health Sciences Administration Department, Kanazawa UniversityRina YamadaTEL: +81-(0)76-265-2109E-mail: t-isomu@adm.kanazawa-u.ac.jpEisai Co., Ltd. PR Department TEL: +81-(0)3-3817-5120 Copyright 2025 JCN Newswire via SeaPRwire.com.

Toyota City, Japan, Jan 6, 2025 - (JCN Newswire via SeaPRwire.com) - Toyota Motor Corporation will make a presentation on Woven City at the CES 2025 press conference.The press briefing will be live streamed on this webpage. Video from the presentation will be available on-demand after the live stream.Live stream detailsDate / TimeMonday, January 6, 2025, 13:00 p.m. (Pacific Standard Time)Tuesday, January 7, 2025, 6:00 a.m. (Japan Standard Time)*The starting time is subject to change depending on the circumstances.Toyota attendeeAkio Toyoda, Chairman of the Board of Directors (Representative Director)Event detailPresentationRelated Content:CES 2025 Teaser: Welcome to Woven CityToyota Times: Akio Returns to CES―Mark the Calendar for January 7! Copyright 2025 JCN Newswire via SeaPRwire.com.

HIROSHIMA, Japan, Jan 6, 2025 - (JCN Newswire via SeaPRwire.com) - Mazda Motor Corporation (Mazda) has announced that it will build a new module pack plant for automotive cylindrical lithium-ion battery cells in Iwakuni City, Yamaguchi Prefecture, Japan. The new plant will produce modules and packs of automotive cylindrical lithium-ion battery cells procured from Panasonic Energy Co., Ltd. (Panasonic Energy). The completed battery packs will be installed in Mazda's first battery EV that uses a dedicated EV platform and will be manufactured at Mazda's vehicle plant in Japan. The annual production capacity is planned to be 10 GWh.Under the 2030 Management Policy, Mazda is steadily preparing for electrification technologies based on the multi-solution strategy that provides a variety of technological options to meet customer needs and regulatory changes, in order to contribute to solving the social issue of curbing global warming. In the field of batteries, one of the key components of electrified vehicles, the company signed an agreement with Panasonic Energy in May 2023 to procure cylindrical lithium-ion batteries for automotive use, and in September 2024, the plan to expand battery production and technology development through this collaboration was certified by the Ministry of Economy, Trade and Industry (METI) as a "plan to ensure stable supply of storage batteries. Based on the plan, Mazda will provide its customers with its unique battery-electric vehicles that offer a high level of design, convenience and driving range by using the battery module packs produced at the new plant. The plant will also contribute to local employment and economic development.Mazda will continue to evolve "Joy of Driving" based on the value of "Radically Human" toward the year 2030, and will aim to deliver "Joy of Living" by creating exciting mobility experiences in our customers' daily lives.About Mazda’s Brand Essence “Celebrate Driving”Mazda's Brand Essence is “Celebrate Driving”. “Celebrate Driving” delivered by Mazda is not just about driving performance. Choosing a Mazda prizes the owner with confidence and pride. Driving a Mazda leading up to urge to take on new challenges. Not just our products but every encounter with Mazda evokes the emotion of motion and makes customers' hearts beat with excitement. All of these are contained in our brand essence of “Celebrate Driving”. For more information, visit www.mazda.com. Copyright 2025 JCN Newswire via SeaPRwire.com.

Toyota City, Japan, Dec 27, 2024 - (JCN Newswire via SeaPRwire.com) - TOYOTA GAZOO Racing (TGR) is gearing up for the ultimate test of endurance and skill as the 2025 Dakar Rally draws near. The race, known for its demanding nature and unpredictable challenges, will once again unfold across Saudi Arabia, with competitors facing over 8,000 kilometres of treacherous terrain, including more than 5,000 kilometres of timed special stages. This year’s event promises to push competitors to their limits as they tackle one of the toughest routes in recent history.The 2025 Dakar Rally will set the stage for the FIA/FIM World Rally-Raid Championship (W2RC), serving as the opening round of the season. A strong performance in this first race is critical for TOYOTA GAZOO Racing, as it aims to continue the momentum of its successful 2024 W2RC campaign, which saw the Japanese car maker secure the Manufacturers’ Championship for the third consecutive year.The sixth edition of the Dakar Rally in Saudi Arabia is expected to deliver one of the most challenging routes to date. Competitors will begin their journey in Bisha, a city in the south-western quadrant of the country, before navigating through a meticulously designed course that takes advantage of the region’s diverse and demanding terrains. The rally opens with a prologue stage on January 3, allowing competitors to establish their starting order before launching into the main event.The route features numerous highlights, including the gruelling 48-hour Chrono Stage that will test endurance early in the race, and the marathon stage where teams must rely solely on their own skills and resources to make it through the night without external assistance. The iconic Empty Quarter dunes return as a centrepiece of the rally’s second week, presenting participants with towering sand dunes and challenging navigation that will separate the field.In total, the race includes 12 stages with stage distances ranging from the short yet demanding 134-kilometre final day to the punishing 606-kilometre Stage 6. The rest day on January 10 in Hail will offer a brief respite, but the intensity resumes immediately afterward as competitors tackle the longest timed specials and challenging dunes in the second week. The rally will conclude in Shubaytah on January 17, where a celebratory podium awaits the successful finishers.TOYOTA GAZOO Racing will field six crews in the 2025 Dakar Rally, a blend of seasoned experience and youthful talent. Lucas Moraes, partnered with Armand Monleon (#203), and Seth Quintero, partnered with Dennis Zenz (#204), represent the TOYOTA GAZOO Racing (Europe) contingent. Meanwhile, the TOYOTA GAZOO Racing South Africa squad includes Giniel de Villiers and Dirk von Zitzewitz (#206), Henk Lategan and Brett Cummings (#211), Guy Botterill and Dennis Murphy (#205), and Saood Variawa with Francois Cazalet (#218). Together, the six crews form one of the most balanced and competitive line-ups in the rally.Each crew will rely on the race-proven GR DKR Hilux Evo, the latest iteration of Toyota’s rally-raid platform. Building on the success of the 2024 model, the 2025 Hilux Evo features refinements to key systems and components aimed at maximising reliability, durability, and performance in the unforgiving conditions of the Dakar Rally. These improvements align with Toyota’s Kaizen philosophy of continuous improvement and the pursuit of excellence in building ever-better cars.Prior to the race, TOYOTA GAZOO Racing will begin its journey with meticulous preparation. After the race cars arrive in Saudi Arabia, they will be fully reassembled by the technical crews. The race crews will then complete a thorough pre-race shakedown to ensure the cars are performing flawlessly before the event begins. All race crews and technical team members will undergo the mandatory accreditation process to receive the necessary credentials to participate. Finally, the cars will pass through rigorous technical inspections, where race officials will ensure they comply with Dakar’s stringent regulations. This includes checks on driver safety equipment, vehicle systems, and the crews’ eligibility to compete.Quotes TGR teamLucas Moraes:“The Dakar Rally is always the ultimate test for both the drivers and the cars, and this year’s route looks like one of the toughest yet. From the dunes of the Empty Quarter to the challenging rocky sections, every day will be a battle. The GR DKR Hilux Evo has proven itself time and again, and with the refinements made for 2025, I’m confident we have the perfect machine to take on the challenge. I’m excited to kick off the season and see how we measure up against such a demanding course.”Seth Quintero:“The 2025 Dakar Rally is going to be an incredible challenge, and I can’t wait to take it on. The route is brutal, and we know there won’t be any easy days out there, but that’s what makes Dakar so special. The GR DKR Hilux Evo is built for these extreme conditions, and the improvements the team has made give us the confidence to push even harder. I’m looking forward to seeing what we can achieve in such an iconic event.” Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Dec 27, 2024 - (JCN Newswire via SeaPRwire.com) - The General Incorporated Association Generative AI Japan, in collaboration with Nikkei Business, an economic media outlet published and operated by Nikkei BP, today announced the winners of the Japan Generative AI Award 2024, which recognize outstanding examples of Generative AI applications, including the Grand Prix and other awards. This award was held for the first time this year, and 139 applications were received over a period of about one month from early September to early October. A panel of judges made up of experts in the field of Generative AI conducted a rigorous review, and eight awards were given out, including the Grand Prix.The names of the projects, organizations and overview of the projects of the one grand prix winner, two special award winners, and five excellence award winners of the Japan Generative AI Award 2024 are as follows.One Grand Prix Winner for Japan Generative AI Award 2024Nagoya Railroad Group's project to utilize Generative AI in three layers, Nagoya Railroad Co., Ltd.The Nagoya Railroad/Meitetsu Group is promoting the use of Generative AI as part of its Group DX management agenda, and the Digital Promotion Department is developing tools and providing support for their use, with three levels of utilization. Depending on the level of utilization, tools that can be used widely within the Group and tools that can use RAG are deployed. Through strengthening controls and providing support for utilization, they are promoting the recognition of the effectiveness of Generative AI by those in charge of operations and the creation of utilization cases that directly contribute to service improvement.Two Special Award Winners for Japan Generative AI Award 2024A solution for supporting hospital management that maximizes human capital, made possible by generative AI, Ubie, Inc.“Ubie Medical Navi Generative AI” is being used in a variety of situations at medical institutions, with an intuitive UI that supports nearly 20 use cases and flexible prompt tuning. In the case of the discharge summary creation use case, there was a significant 42.5% improvement in efficiency and a 27% reduction in psychological burden between the groups that used the generative AI and those that did not (n=189). By appropriately allocating the resources created by this efficiency improvement, they aim to support hospital management and ultimately optimize Japan's medical expenses.A society where anyone can get legal advice - AI legal consultation chat service using generative AI, Bengo4.com, Inc.“Chat Legal Consultation” is Japan's first AI legal consultation chat service, which has been trained using questions and answers extracted from the more than 1.38 million consultation data received by “Legal Consultation for Everyone”, a free legal consultation service operated by Bengo4.com. It specializes in gender-related issues, which account for a large proportion of legal consultations, and currently has around 56,000 consultations. *This service does not provide legal opinions, nor does it replace the services provided by lawyers.Five Excellence Award Winners for Japan Generative AI Award 2024A new era of business innovation, made possible by Generative AI, NEC Business Intelligence, Ltd.NEC Business Intelligence is using generative AI to implement cross-functional reforms in common tasks such as accounting and human resources, which had been an issue for 10 years. They have shifted the focus of business efficiency from people to generative AI and have redesigned their business processes with generative AI at their core. They introduced examples and business impacts for each layer that have achieved overall optimization by implementing business reforms in a balanced way across three layers (user experience, operations, and platform), rather than just focusing on the effects of individual measures.Approximately 10,000 hours of labor per year saved in the production of promotional emails using generated AI + RPA, Seven & i Holdings Co., Ltd.When sending promotional emails to the 7iD members, who number approximately 35 million, there were two issues: the cost issue of the significant time and expense involved in creating the emails, and the effectiveness issue of improving the open rate (the percentage of emails opened). These issues were solved using AI and RPA. As a result, production time was reduced by approximately 10,000 hours per year, and outsourcing costs were reduced by approximately 84%. In addition, the open rate for emails improved by approximately 103%.Building material selection assistant using “Tile AI”, TileLife Co., Ltd.This is a website where you can easily search for the tiles you want using a dialogue format with a tile-specialist AI that crosses over tile manufacturers. 28 tile manufacturers (over 30,000 products) have already joined, so there is no need to compare multiple catalogs. Designers and architects can greatly reduce the time spent choosing tiles and focus on their creative work. In the future, with AI-based multilingual support, they aim to provide convenience and enjoyment in choosing tiles in the global tile market, which is more than 300 times the size of the Japanese tile market.Democratization of Generative AI - Everyone can use Generative AI to create a new form of work that will open up the future, Lion Corporation.At LION, they have been promoting the use of Generative AI since its early stages, with the commitment of the management team, but they faced the problem that the needs of each department were increasing and development could not keep up. Therefore, they introduced a tool that could be developed by ordinary employees on their own cloud. As a result, many cases of use have been created, and AI agents that lead to increased operational efficiency and quality are being created. In the future, they will further promote the “democratization of Generative AI” and acquire the competitiveness to realize their management vision.Development of a unique AI system customized for schools to enhance educational activities, Kudan Secondary SchoolAmidst the growing demand for digital human resource development using Generative AI, they have developed the “otomotto” Generative AI system, which is suitable for use in junior high and high school education. This system provides an environment where all students can choose and use the LLM model without age or usage restrictions and supports safe and efficient learning. Examples of its use include supporting individual optimal learning for students, and it also reduces the burden on teachers by streamlining the preparation of teaching materials. This system is making a significant contribution to improving the quality of education.Overview of the Japan Generative AI Award 2024Judging Criteria: Problem setting, Implementation, Impact, Governance, Potential for the future.Head of the Judging Committee: Hiroaki Miyata, Professor, Faculty of Medicine, Keio University / Representative Director, The General Incorporated Association Generative AI JapanJury members:Akiko Murakami, Director, Japan AI Safety InstituteKan Suzuki, Professor, Tokyo University and Keio UniversityMizuki Oka, Associate Professor, Department of Systems and Information Engineering, University of Tsukuba / Representative Director, ConnectSphere Inc.Shigeru Urushibara, Chairman and CEO, UL Systems, Inc.Akihiko Kono, Executive Officer, Associate Vice President, CIO, Panasonic Connect Co., Ltd.Keisuke Kuniyoshi, General Manager, Data Solutions Department, Benesse Holdings, Inc.Masahiro Sato, Professor and Assistant to the President, Digital Hollywood UniversityEri Shirai, Executive Officer, Members Co., Ltd. / President, Member's Data Adventure CompanyEmi Tamaki, Professor, Faculty of Engineering, University of the Ryukyus / Representative Director, H2L Inc. / Professor, Graduate School of Engineering, University of TokyoJoji Noritake, President and Representative Director, Baycurrent Consulting Inc.Tomio Kikyoubara, Fellow, Nikkei BP Research InstituteToshiyuki Sugiyama, Chief Consultant, Senior Researcher, Nikkei BP Research InstituteNaotaka Owada, Director, Innovation ICT Laboratory, Nikkei BP Research InstituteTakashi Hara, Editor-in-Chief of Nikkei Business OnlineOrganized by The General Incorporated Association Generative AI JapanCo-sponsored by Nikkei BusinessSupported by Nikkei BP Research InstituteSupported by: Digital Agency, Ministry of Economy, Trade and Industry, Ministry of Education, Culture, Sports, Science and Technology, JETRO, Information-technology Promotion Agency, AI Safety Institute, Japan Deep Learning AssociationAbout Nikkei BPCompany name: Nikkei Business Publications, Inc.Date of establishment: April 5, 1969Representative: Tetsuya Iguchi, President and CEOAddress: 4-3-12 Toranomon, Minato-ku, TokyoURL: https://www.nikkeibp.co.jp/About The General Incorporated Association Generative AI JapanThe General Incorporated Association Generative AI Japan was established in January 2024 with the aim of promoting the use of Generative AI through industry-academia collaboration, developing rules and guidelines, making recommendations, and so on, and enhancing Japan's industrial competitiveness. The representative director is Professor Hiroaki Miyata of the Faculty of Medicine at Keio University, and 18 experts from academia and cutting-edge companies have been appointed as directors and advisors, with 70 companies as members. (As of November 2024)Organization name: General Incorporated Association Generative AI JapanDate of registration: January 9, 2024Representative director: Hiroaki MiyataAddress: 1-34 Ochiai, Tama City, TokyoURL: https://generativeaijapan.or.jp/ContactFor inquiries regarding this announcement, please contact the Generative AI Japan Secretariat ( jimukyoku@generativeaijapan.or.jp ) Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Dec 27, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) has been selected for inclusion in the "World Index" of the Dow Jones Sustainability Index (DJSI), one of the world's leading investment indices for ESG (environmental, social and governance) performance. This is the second consecutive year that MHI has been included in the world index.The Company scored an overall ranking in the 97th percentile, in reflection of its strong initiatives in all ESG areas and the high quality of its disclosure reports.The DJSI was developed in 1999 by the U.S. firm S&P Dow Jones Indices and the Swiss investment advisory company RobecoSAM. Based on long-term shareholder value, listed companies around the world are assessed in terms of their overall economic, environmental, and social criteria, with those determined to have exceptional sustainability selected for inclusion in the index. MHI was one of 321 companies selected for the DJSI's 2024 World Index (of which 37 were Japanese companies).MHI Group proactively implements a diverse portfolio of ESG measures toward realizing a sustainable society. These include measures to reduce environmental loads from its own and its value chain, active promotion of diversity, and strengthening of the Company's corporate governance and disclosures.Going forward, MHI will continue robust pursuit of its dual aims of realizing a sustainable society and building up its enterprise value over the long term.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 2024 JCN Newswire via SeaPRwire.com.

Toyota City, Japan, Dec 26, 2024 - (JCN Newswire via SeaPRwire.com) - TOYOTA GAZOO Racing (TGR) plans to exhibit at Tokyo Auto Salon 2025* to be held at Makuhari Messe (in Chiba City, Japan) for three days from January 10 to 12, 2025. Chairman Akio Toyoda, aka Master Driver Morizo, is due to present at a press conference scheduled to start at 9:30 a.m. on January 10 under the main theme of "Car-making at Nürburgring", which is the starting point of TGR and Morizo.TGR is set to exhibit this time, along with Daihatsu Motor Co., Ltd., at Makuhari Messe's North Hall. TGR's booth will include the "LAND CRUISER BASE" display for promoting the fun of customizing the Toyota Land Cruiser, which was hitherto put on separately by Toyota Auto Body Co., Ltd. This coming together by members of the Toyota Group aims to boost excitement at Tokyo Auto Salon 2025.During the event's three days, TGR plans to hold talk sessions featuring various personalities, as well as outdoor vehicle demo runs. Detailed information on exhibited vehicles, the talk sessions, the demo runs, and others can be found on the following special https://toyotagazooracing.com/eventexhibition/tokyoautosalon/Nürburgring―Morizo's starting pointTGR's exhibit is planned to feature vehicles related to competing at the Nürburgring, which is known as the world's toughest road circuit and the starting point of TGR and Morizo. Morizo and then-Toyota Master Driver Hiromu Naruse, who was Morizo's driving mentor, based on their shared belief that "races are the best places to pass on skills and develop human resources", competed in the Nürburgring 24 Hours endurance race for the first time in 2007. In their "DIY-style" team that took up the challenge, Toyota employees served as drivers and engineers, and the vehicle they competed in was a modified used Toyota Altezza. Representing the starting point of TGR's philosophy of making ever-better motorsports-bred cars, TGR plans to display, among other cars, the TOYOTA ALTEZZA #109 (2007 NÜR 24h) used by that first team and the TOYOTA SUPRA (NÜR training car) that served as Morizo's Nürburgring training vehicle at the time.Talk sessions and outdoor demo runsThe talk sessions, under the theme of "Challenging the Nürburgring", are to feature Morizo and TGR drivers active in Japan and abroad as well as various programs including one in which professional drivers, evaluation drivers, and engineers talk about the past and future. Also, Morizo, TOYOTA GAZOO Racing-World Rally Team (TGR-WRT) Team Principal Jari-Matti Latvala, TGR-WRT Deputy Team Principal Juha Kankkunen, and driver Norihiko Katsuta are to perform outdoor demo runs in a rally cars and a concept vehicle model. Details on the dates, times, and contents will be posted on the special website mentioned above as they become available.*A customized car event; January 10: business day (industry and press), January 11 and 12: general public days. Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO & GUAM, Dec 26, 2024 - (JCN Newswire via SeaPRwire.com) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan’s only international payment brand, and T.P. Micronesia, Inc. (Lam Lam Tours and Transportation), one of the JTB Corp.’s group companies, are launching a new Red Guahan Shopping Mall Shuttle Free Ride Promotion in Guam from January 6, 2025 to April 25, 2025.The Red Guahan Shopping Mall Shuttle runs a route that connects Guam's major shopping centers, Guam Premier Outlets, Micronesia Mall, Village of Donki, Kmart and Dusit Plaza. JCB’s 164 million cardmembers can take advantage of this offer by simply presenting their JCB Card[1] to the driver when they board the bus to receive their free ride.JCB launched the promotion as previous promotions held in 2023 proved to be very popular with visitors outside of Guam. This promotion is open to JCB cardmembers only (passengers accompanied by JCB cardmembers are not eligible)[2].For more information, please visit :https://www.specialoffers.jcb/en/campaign/detail/guamredshuttle/82120/JCB offers special offers and convenient services to JCB cardmembers at more than 100 merchants in Guam. For more information on JCB’s special offers, please visit:https://www.specialoffers.jcb/en/offers/d/pacific-islands/guam/About Red Guahan Shopping Mall ShuttleThe Red Guahan Shopping Mall Shuttle is a fixed route bus service that provides transportation in Guam, connecting Guam's major shopping centers.About Lam Lam Tours and TransportationT.P. Micronesia, Inc. dba Lam Lam Tours & Transportation owns a fleet of large buses, limousines, trolleys, and other vehicles and provides a variety of transportation services in Guam, including the Red Guahan Shuttle, shuttles between the airport and hotels, and chartered buses.About JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 53 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 164 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/ContactAnna TakedaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@info.jcb.co.jp[1] Prepaid cards and virtual cards are not included.[2] Those who are not eligible must purchase a ticket. (Children 5 years old and under travel free of charge) Copyright 2024 JCN Newswire via SeaPRwire.com.

- Testing conducted on the Joban Expressway using a small type UAV, realizing quick and safe highway condition check- Tests confirmed stable nighttime and long-distance flight capability and ability for recognizing road conditions and fallen objectsTOKYO, Dec 26, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI), in cooperation with East Nippon Expressway Company Limited (NEXCO EAST), recently conducted highway condition check demonstration testing of an unmanned aerial vehicle (UAV) on the Joban Expressway, managed by NEXCO, during a nighttime road closure. The tests confirmed the effectiveness of using UAVs to conduct patrols on highways in place of conventional patrol cars.The demonstration testing was conducted on a 10.2 km section of the Joban Expressway between Okuma and Namie interchanges using a small type single-rotor UAV currently under development by MHI's Commercial Aviation Systems segment. The test confirmed that the UAV is capable of automatic nighttime flight at the speed of 50 to 60 km/h stably on the highway, and that its on-board camera can recognize road surface conditions and fallen objects on the highway at nighttime.In the future, demonstration tests of AI-based automatic recognition of falling objects and simultaneous operation of multiple UAV are planned.The specifications of this highway demonstration testing UAV are provided below.Going forward, MHI will continue to contribute to the realization of a safe, secure, and comfortable society by solving various issues associated with UAV.Specifications of the Engine-Type Small-Size UAV- Single-rotor type that takes wind resistance (wind speed 20 m/s) into consideration- Driven by a gasoline engine- Dimensions: Approx. 2 m x 0.5 m x 0.9 m (length x width x height)- Flight duration: Up to 2 hours- Air speed: Cruising speed of 80 km/h (maximum 130 km/h)- Payload: 7kg (including fuel)Additional equipment for demonstration testing- Visible light + Infrared (IR) camera to monitor road conditions- Lights for road surface illumination, for nighttime flyingAbout 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 2024 JCN Newswire via SeaPRwire.com.

TOKYO & HO CHI MINH, Dec 24, 2024 - (JCN Newswire via SeaPRwire.com) - Hitachi, Ltd. (TSE: 6501, "Hitachi") has delivered a complete electrical and mechanical system for Ho Chi Minh City urban railway Line 1 in Vietnam, and the new line opened on December 22.Line 1 is the first urban railway project in Ho Chi Minh City. It is a 19.7 km railway line (underground section has 3stations and elevated section has 11 stations) that connects Ben Thanh Station in the centre of Ho Chi Minh City toSuoi Tien Terminal Station in the northeast of the city where there is an important bus terminal heading to the northern provinces.The line was constructed with the funds of a yen loan provided by Japan International Cooperation Agency (JICA).Hitachi supplied the system including 17 train sets (51 cars), state-of-the-art Communications- Based Train Control(CBTC) signalling system, telecommunication system including wireless train radio system, power supply system, platform screen doors, automatic fare collection system, overhead wire and track construction, and rail yard facilities.In Vietnam, the rapid increase in road traffic volumes resulting from economic growth has become a serious issue. Through this project, Hitachi will support the growth of more sustainable transportation.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 railway systems, and “Connective Industries” – connecting products through digital technology to provide solutions in various industries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. The company’s revenues as 3 sectors 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. Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Dec 24, 2024 - (JCN Newswire via SeaPRwire.com) - Nissan Motor Co., Ltd. ("Nissan") and Honda Motor Co., Ltd. ("Honda") have signed a memorandum of understanding (MOU) to start discussions and considerations toward a business integration between the two companies through the establishment of a joint holding company.To further accelerate their efforts toward achieving a carbon-neutral society and a zero-traffic-fatality society, Nissan and Honda signed an MOU on March 15 regarding a strategic partnership for the era of vehicle intelligence and electrification. Since then, the two companies have held discussions aimed at collaboration in various fields.On August 1, both companies signed a further MOU to deepen the framework of the strategic partnership. The companies also announced that they had agreed to carry out joint research in fundamental technologies in the area of platforms for next-generation software-defined vehicles (SDVs), particularly in the areas crucial for intelligence and electrification, to advance focused discussions toward more concrete collaboration.Throughout the process, Nissan and Honda have engaged in discussions in consideration of various possibilities and options. At the same time, the business environment for both companies and the wider automotive industry has rapidly changed and the speed of technological innovation has continued to accelerate. The MOU between Nissan and Honda announced today is aimed to serve as an option to maintain global competitiveness and for the two companies to continue to deliver more attractive products and services to customers worldwide.If the business integration can be realized, both companies can aim to integrate their respective management resources such as knowledge, human resources, and technologies; create deeper synergies; enhance the ability to respond to market changes; and expect to improve mid- to long-term corporate value. Additionally, Nissan and Honda can aim to further contribute to the development of Japan's industrial base as a “leading global mobility company” by integrating Nissan and Honda's four-wheel-vehicle and Honda's motorcycle and power products businesses, enabling the brands of both companies to become more attractive and to deliver more attractive and innovative products and services to customers worldwide.Marking the announcement, Nissan Director, President, CEO and Representative Executive Officer Makoto Uchida said: "Today marks a pivotal moment as we begin discussions on business integration that has the potential to shape our future. If realized, I believe that by uniting the strengths of both companies, we can deliver unparalleled value to customers worldwide who appreciate our respective brands. Together, we can create a unique way for them to enjoy cars that neither company could achieve alone."Honda Director and Representative Executive Officer Toshihiro Mibe said: “Creation of new mobility value by bringing together the resources including knowledge, talents, and technologies that Honda and Nissan have been developing over the long years is essential to overcome challenging environmental shifts that the auto industry is facing. Honda and Nissan are two companies with distinctive strengths. We are still at the stage of starting our review, and we have not decided on a business integration yet, but in order to find a direction for the possibility of business integration by the end of January 2025, we strive to be the one and only leading company that creates new mobility value through chemical reaction that can only be driven through synthesis of the two teams."Potential synergies from the business integrationNissan and Honda will establish an integration preparatory committee to facilitate a smooth integration and will conduct focused discussions.Based on the committee’s discussions, as well as the results of due diligence, the companies will examine and analyze more specific synergies. By promptly realizing the synergies from the integration, Nissan and Honda can aim to become a world-class mobility company with sales revenue exceeding 30 trillion yen and operating profit of more than 3 trillion yen.The expected synergies from the business integration at this time are: 1. Scale advantages by standardizing vehicle platforms- By standardizing the vehicle platforms of both companies across various product segments, the companies expect to create stronger products, reduce costs, enhance development efficiencies, and improve investment efficiencies through standardized production processes.- The integration is projected to increase sales and operational volumes, allowing the companies to reduce development costs per vehicle, including for future digital services, while maximizing profits.- By accelerating the mutual complementation of their global vehicle offerings - including ICE, HEV, PHEV, and EV models - Nissan and Honda will be better positioned to meet diverse customer needs around the world and deliver optimal products, leading to improved customer satisfaction.2. Enhancement of development capabilities and cost synergies through the integration of R&D functions- In accordance with the MOU to deepen strategic partnership and the joint research agreement on fundamental technologies dated August 1, the two companies have started joint research in fundamental technologies in the area of vehicle platforms for next-generation software-defined vehicles (SDVs), which is the cornerstone of the field of intelligence. After the business integration, both companies will encompass more integrated collaboration across all R&D functions, including fundamental research and vehicle application technology research. This approach is expected to enable both companies to efficiently and swiftly enhance their technological expertise, achieving both improvements in development capabilities and reductions in development costs through the integration of overlapping functions.3. Optimizing manufacturing systems and facilities- The companies anticipate that optimizing their manufacturing plants and energy service facilities, combined with improved collaboration through the shared use of production lines, will result in a substantial improvement in capacity utilization leading to a decrease in fixed costs.4. Strengthening competitive advantages across the supply chain through the integration of purchasing functions- To fully leverage the synergies from optimizing development and production capacity, both companies intend to boost their competitiveness by improving and streamlining purchasing operations and source common parts from the same the supply chain and in collaboration with business partners.5. Realizing cost synergies through operational efficiency improvements- The companies expect that the integration of systems and back-office operations, along with the upgrade and standardization of operational processes, will drive significant cost reductions.6. Acquisition of scale advantages through integration in sales finance functions- By integrating relevant areas of sales finance functions of both companies and expanding the scale of operations, the companies aim to provide a range of mobility solutions, including new financial services throughout the vehicle lifecycle, to customers of both organizations.7. Establishment of a talent foundation for intelligence and electrification- The human resources of the companies are an invaluable asset, and establishing a strong human resource foundation is crucial for the transformation that will come with the business integration. After the integration, increased employee exchanges and technical collaboration between the companies are expected to promote further skill development. Moreover, by leveraging each company's access to talent markets, attracting exceptional talent will become more attainable.Method of business integration and stock listingNissan and Honda, with the result of the consideration, plan to establish, through a joint share transfer, a joint holding company that will be the parent company of both companies. This will be subject to approval at each company's general meeting of shareholders and obtaining necessary approvals from relevant authorities for this business integration, based on the premise that Nissan's turnaround*1actions are steadily executed. Both Nissan and Honda will be fully owned subsidiaries of the joint holding company*2.Additionally, the companies plan to continue coexisting and developing the brands held by Honda and Nissan equally.- Shares of the newly established joint holding company under consideration are planned to be newly listed (technical listing) on the Prime Market of the Tokyo Stock Exchange (“TSE”). The listing is scheduled for August 2026.- With the listing of the joint holding company, both Nissan and Honda will become wholly owned subsidiaries of the joint holding company and will be scheduled to be delisted from the TSE. However, shareholders of both companies will continue to be able to trade shares of the joint holding company issued during this share transfer on the TSE.- The listing date of the joint holding company and the delisting date of both Nissan and Honda will be determined in accordance with the regulations of the TSE.- Regarding the organizational structure of the joint holding company, and both companies which will become wholly-owned subsidiaries of the joint holding company after the business integration, the optimal structure for realizing synergies, including the integration of R&D functions, purchasing functions, and manufacturing functions, will be discussed and considered within the integration preparatory committee, with the aim of establishing an organizational structure that enables efficient and highly competitive business operations after the business integration.Schedule for the business integrationBoard of directors’ resolutionDecember 23, 2024Execution of the MOUDecember 23, 2024Execution of a definitive agreement concerning the business integration (including the share transfer plan)June 2025 (planned)Extraordinary shareholders' meeting of the companies (resolutions to approve the share transfer)April 2026 (planned)Delisting from the TSEEnd of July-August 2026 (planned)Effective date of the share transferAugust 2026 (planned)Note: The above schedule is tentative and may change as a result of consultation by the companies. In addition, an announcement will be promptly made if reasons arise, such as procedures under applicable competition laws, to change the schedule of the business integration process or to cancel the business integration itself.Share transfer ratioThe share transfer ratio for the share transfer will be determined by the time of concluding the final definitive agreement regarding the business integration. The determination will be based on the results of due diligence, third-party valuations with reference to the average closing prices of each company's shares over a certain period prior to the announcement of the MOU. Management structure following the realization of business integrationAt the time of the effective date of the share transfer, it is planned that Honda will nominate a majority of each of the internal and external directors of the joint holding company. President and representative director or president and representative executive officer of the joint holding company will be selected from among the directors nominated by Honda.Other details of the joint holding company, including the name, registered office, representatives, executive composition, and organizational structure will be determined by the time of the execution of the definitive agreement, based on discussions and consideration aligned within the purpose of the business integration at the upcoming integration preparatory committee, as well as the results of the due diligence.Nissan‘s actions to turnaround its performance and create a leaner, more resilient business capable of swiftly adapting to changes in the marketIf necessary procedures arise in the process of this share transfer or for other reasons, changes may occur based on discussions and agreements between both companies.Honda and Nissan may file a registration statement on Form F-4 (“Form F-4”) with the U.S. Securities and Exchange Commission (the “SEC”) in connection with the possible share transfer pertaining to the business integration between them (the “Share Transfer”), if it is conducted. The Form F-4 (if filed in connection with the Share Transfer) will contain a prospectus and other documents. If a Form F-4 is filed and declared effective, the prospectus contained in the Form F-4 will be mailed to U.S. shareholders of Honda and Nissan prior to the shareholders’ meetings at which the Share Transfer will be voted upon. The Form F-4 and prospectus (if the Form F-4 is filed) will contain important information about Honda and Nissan, the Share Transfer and related matters. U.S. shareholders of Honda and Nissan to whom the prospectus is distributed are urged to read the Form F-4, the prospectus and other documents that may be filed with the SEC in connection with the Share Transfer carefully before they make any decision at the respective shareholders’ meeting with respect to the Share Transfer. Any documents filed or furnished with the SEC in connection with the Share Transfer will be made available when filed, free of charge, on the SEC’s web site at www.sec.gov. In addition, the documents will be mailed to any shareholder of Honda or Nissan upon request for free of charge. To make a request, please refer to the following contact information.Honda Motor Co., Ltd.1-1, Minami-Aoyama 2-chome Minato-ku, Tokyo 107-8556 JapanAttention: Masao KawaguchiHead of Accounting and Finance Supervisory Unit(Tel. +81-3-3423-1111)Nissan Motor Co., Ltd.1-1, Takashima 1-chome Nishi-ku, Yokohama, Kanagawa, 220-8686 JapanAttention: Julian KrellVice President, IR Department(Tel. +81-45-523-5523)FORWARD-LOOKING STATEMENTS This document includes “forward-looking statements” that reflect the plans and expectations of Honda and Nissan (collectively the “Companies”) in relation to, and the benefits resulting from, the business integration between them (the “Business Integration”) and the potential benefits that may be realized through it. To the extent that statements in this document do not relate to historical or current facts, they constitute forward-looking statements. These forward-looking statements are based on the current assumptions and beliefs of the Companies in light of the information currently available, and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause the actual results, performance, achievements or financial position of one or both of the Companies (or the group after the Business Integration) to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements. The Companies undertake no obligation to and have no intention to publicly update any forward-looking statements after the date of this document. Investors are advised to consult any further disclosures by the Companies (or the group after the Business Integration) in their subsequent filings in Japan and filings with the SEC pursuant to the U.S. Securities Exchange Act of 1934. The risks, uncertainties and other factors referred to above include, without limitation:- changes in the economic situation, market demand, and competitive environment surrounding the automobile market in and outside Japan- financial uncertainty domestically and internationally, or changes in other general economic or industry situation- interest rates and other market risks- changes in the credit ratings of the Companieschanges in laws and regulations (including environmental regulations) related to the business activities of the Companies- increases in tariffs, introduction of import regulations, and other changes in the major markets of the Companiesfailure to finalize the definitive agreement(s) concerning the Business Integration- delays in the review or approvals from relevant authorities needed for the Business Integration, or failure to obtain such approvals from relevant authorities- the possibility of not being able to realize the synergies or added value expected from the Business Integration, or achieving such realizations become difficult; andother risks associated with completing the Business Integration. Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Dec 24, 2024 - (JCN Newswire via SeaPRwire.com) - Olympus Corporation (Olympus), a global MedTech company committed to making people’s lives healthier, safer and more fulfilling, today announced that it has been selected for inclusion in the 2024 Dow Jones Sustainability World Index (DJSI World), one of the most globally recognized corporate sustainability indices. Olympus has now been named to the DJSI World for four consecutive years. Olympus has also been named to the 2024 Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific) for six.ESGThe Dow Jones Sustainability Indices (DJSI) are corporate sustainability evaluation indices for environmental, social, and governance (ESG) investment. Jointly developed by S&P Dow Jones Indices and RobecoSAM, the DJSI track the financial performance of leading companies according to ESG criteria. These indices are updated annually to include companies with excellent corporate sustainability practices.In 2024, 321 companies were selected as DJSI World members from approximately 3,500 companies worldwide in 62 industry sectors. Olympus is one of the 7 companies out of 71 to have been included in the DJSI World Health Care Equipment & Supplies sector. In addition to ”Tax Reporting,” ”Risk and Crisis Management” and ”Labor Practices,” Olympus was recognized this year with improved scores in the areas of ”Climate Strategy” and ”Materiality” compared to last year.In the area of ”Climate Strategy”, Olympus was recognized for its near-term targets1 and net-zero target2 being approved by the Science Based Targets initiative (SBTi). In the area of ”Materiality”, Olympus was recognized for its appropriate target setting and policy management aimed at resolving important issues.Comment from Yasuo Takeuchi, Director, Representative Executive Officer, Executive Chairperson and ESG Officer at Olympus“We have made changes to our management structure as a shift towards the next level of growth in FY2024 and beyond. Under the new structure, we have worked in an even more unified manner to take a proactive approach to ESG goals and actively strengthen our efforts to address our materiality. We are very pleased to have been selected by DJSI World for the fourth consecutive year, as we consider it a recognition of our efforts. Olympus will continue to actively develop a variety of initiatives to fulfill Our Purpose of ‘Making people's lives healthier, safer and more fulfilling,’ and to contribute to the realization of a sustainable society.”ESG InitiativesFor more information on Olympus’ ESG initiatives, please refer to its Integrated Report 2024 and the Sustainability page on its website.In addition to the DJSI World and Asia Pacific, Olympus was also named to the FTSE4Good Index Series and FTSE Blossom Japan Index.1 Olympus commits to reduce absolute scope 1 and 2 GHG emissions 70% by FY2031 from a FY2020 base year. Olympus also commits that 80% of its suppliers by emissions covering purchased goods and service, capital goods, and upstream transportation and distribution will have science-based targets by FY2028.2 Olympus commits to reach net-zero GHG emissions across the value chain by 2040.About OlympusAt Olympus, we are committed to Our Purpose of making people’s lives healthier, safer and more fulfilling. As a global medical technology company, we partner with healthcare professionals to provide best-in-class solutions and services for early detection, diagnosis and minimally invasive treatment, aiming to improve patient outcomes by elevating the standard of care in targeted disease states. For more than 100 years, Olympus has pursued a goal of contributing to society by producing products designed with the purpose of delivering optimal outcomes for its customers around the world. For more information, visit https://www.olympus-global.com/ and follow our global X account: @Olympus_Corp.Media contact:Mail: Global-Public_Relations@olympus.com Olympus Corp [TYO: 7733] [ADR: OLYMY] [STU: OLY1] [FRA: OLYS] https://www.olympus-global.com Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Dec 24, 2024 - (JCN Newswire via SeaPRwire.com) - Nissan Motor Co., Ltd. ("Nissan"), Honda Motor Co., Ltd. ("Honda"), and Mitsubishi Motors Corporation ("Mitsubishi Motors") have signed a memorandum of understanding (MOU) to explore the possibility of Mitsubishi Motors’ participation, involvement, and synergy sharing in relation to the business integration through the establishment of a joint holding company outlined in an MOU signed between Nissan and Honda.Nissan, Honda, and Mitsubishi Motors have reached a basic agreement to proceed with discussions based on the framework established in the MOU signed by Nissan and Honda on August 1 regarding the commencement of a strategic partnership focused on intelligence and electrification. Mitsubishi Motors has been participating in this framework, and the three companies have been proceeding with discussions.Following the agreement between Nissan and Honda to start consideration toward a business integration through the establishment of a joint holding company amid the dramatic changes in the environment surrounding both companies and the automotive industry, the three companies have agreed to explore the possibility of achieving synergies at an increased level through Mitsubishi Motors’ participation or involvement in the business integration. Mitsubishi Motors aims to reach its conclusion by the end of January 2025 on the participation or involvement in the business integration between Nissan and Honda.Marking the announcement, Nissan Director, President, CEO and Representative Executive Officer Makoto Uchida said:“Honda and Nissan have begun considering a business integration, and will study the creation of significant synergies between the two companies in a wide range of fields. It is significant that Nissan's partner, Mitsubishi Motors, is also involved in these discussions. We anticipate that if this integration comes to fruition, we will be able to deliver even greater value to a wider customer base.“Honda Director and Representative Executive Officer Toshihiro Mibe said:"At this time of change in the automobile industry, which is said to occur once every 100 years, we hope that Mitsubishi Motors' participation in the business integration discussions of Nissan and Honda will lead to further social change, and that we will be able to become a leading company in creating new value in mobility through business integration. Nissan and Honda will start the discussion from today onwards with an aim to clarify the possibility of business integration by around the end of January in line with the consideration of Mitsubishi Motors."Comment from Mitsubishi Motors Director, Representative Executive Officer, and President and CEO Takao Kato said:“In an era of change in the automotive industry, the study between Nissan and Honda about a business integration will accelerate synergy maximization effects, bringing high value also to the collaborative businesses with Mitsubishi Motors. In order to realize synergies and to make the best use of each company's strengths, we will also study the best form of cooperation.” Copyright 2024 JCN Newswire via SeaPRwire.com.

Guangzhou, China, Dec 24, 2024 - (JCN Newswire via SeaPRwire.com) - Honda Motor (China) Investment Co., Ltd., a wholly-owned Honda subsidiary in China, announced that GAC Honda Automobile Co., Ltd. (GAC Honda), a Honda automobile production and sales joint venture in China, began operation of its newly-constructed plant for new energy vehicle (NEV) production, named the Development District NEV Factory. The new factory is located in the Guangzhou Economic and Technological Development District in Guangzhou City, Guangdong Province, China.GAC Honda Development District NEV FactoryThe new NEV production plant features the latest production equipment to achieve a highly efficient, smart, and low-carbon production system. The stamping and welding processes completely eliminated logistics personnel by automating parts logistics. AI-based welding strength inspection was adopted for the first time at any Honda plant. In the assembly process, approximately 30% of the entire process is automated to achieve a highly efficient production line.To make this plant more environmentally-responsible, solar power systems generating a total of 22 megawatts will be installed within the property of the plant. It is expected that the annual CO2emissions will be reduced by approximately 13,000 tons(1) through the utilization of renewable energy. In addition, GAC Honda will strive to further reduce the environmental impact of the plant through the use of newly developed low-VOC(2) paints and the installation of equipment capable of treating 100% of the toxic substances contained in factory wastewater. In order to minimize the impact on air pollution, GAC Honda will aim to reduce VOC emissions from the new plant by more than 70%(3) compared to the standard limit set by Guangdong Province.(1) Calculations based on standards for CO2 emissions by the Chinese government (Ministry of Ecology and Environment)(2) VOC: Volatile Organic Compounds(3) Honda internal research GAC Honda Development District NEV FactoryHonda has set a global environmental goal of “realizing carbon neutrality for all products and corporate activities Honda is involved in by 2050.” In China, Honda is planning to introduce a total of 10 Honda-brand EV models by 2027, including models for the e:N Series launched in 2022, as well as the Ye Series, a next-generation EV series Honda is planning to launch in the current fiscal year ending March 31, 2025. With these EV models, Honda is aiming to achieve 100% EV sales in China by 2035. GAC Honda Automobile Co., Ltd.Established:July 1998Capital investment:541 million USDCapitalization ratio:40% Honda Motor Co., Ltd.10% Honda Motor (China) Investment Co., Ltd.50% Guangzhou Automobile Group Co., Ltd. (GAC Group)Location:Guangzhou City, Guangdong Province, ChinaPresident:Katsuhide MoriyamaEmployment:Approximately 9,500 associates (as of December 2024)Production capacity:HuangPu Plant (No.1) Approximately 240,000 unitsZengCheng Plant (No.2) Approximately 240,000 unitsZengCheng Plant (No.3) Approximately 240,000 unitsAbout GAC Honda Development District NEV FactoryLocation:Guangzhou City, Guangdong Province, ChinaProduction capacity:Approximately 120,000 units/yearProduction models:e:NP2, Ye Series (plan)Employment:Approximately 700 associates (as of December 2024)Investment amount:Approximately 3.49 billion R.M.B. Copyright 2024 JCN Newswire via SeaPRwire.com.