MHI Delivers Final Trainset of Automated Guideway Transit System “2020 Series” to Saitama New Urban Transit JCN Newswire

MHI Delivers Final Trainset of Automated Guideway Transit System “2020 Series” to Saitama New Urban Transit

TOKYO, Nov 28, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) has completed the delivery of the final trainset of the "2020 Series" Automated Guideway Transit (AGT) system (Note1) for the "New Shuttle" transportation system operated by Saitama New Urban Transit Co., Ltd. in Saitama Prefecture. A total of six trainsets of the 2020 Series have entered service to date.From FY2015 to FY2020, MHI delivered the first five trainsets of the 2020 Series (six cars per trainset, for a total 30 cars) to replace the existing cars of "New Shuttle". In this sixth and final trainset, inspired by the concept of the 2020 Series, "Bringing brilliance along the railway line with seven jewels," MHI added Blue Sapphire and Chrysoberyl as line colors on the side of the car and on the roof, for a total of seven colors depicting the transport line's radiant future.In addition to superior design that won the Japan Institute of Design Promotion's Good Design Award in 2016 (Note2), MHI has also incorporated improvements such as the addition of wheelchair spaces, enhanced ventilation and heating capabilities to create an even more comfortable riding experience. Furthermore, MHI has made it easier to operate and maintain the carriages, reflecting the opinions of operators collected through the extensive AGT system deliveries in Japan and around the world. By delivering carriages that combine excellent design and environmental performance, MHI will contribute to improve the image of the line.Building on the successful completion of the 2020 Series AGT, MHI Group will continue to deliver AGT systems with excellent design, economic efficiency and capability to reduce CO2 emissions to transportation systems around the world. MHI Group aims to provide solutions to regional issues including economic development and improved transportation convenience, while contributing to the realization of a carbon-neutral society. In addition, as a trusted partner, MHI will continue to provide exceptional solutions combining intelligence and technology.About Saitama New Urban TransportationSaitama New Urban Transit Co., Ltd. is a third-sector enterprise backed primarily by Saitama Prefecture and East Japan Railway Company (JR East). The New Shuttle line was inaugurated in December 1983. It currently encompasses 13 stations (Omiya in Saitama City to Uchijuku in Ina Town) spanning some 13 kilometers. As a transport system linking these suburbs with hospitals, schools and businesses in central Tokyo, the New Shuttle is playing an ever more important role in the lives of local residents. An unusual feature of the New Shuttle line is its minimum turning radius of only 25 meters, enabling S-curve operation through intersections without affecting ambient buildings. The adoption of rubber tires enables low noise and vibration-for minimal impact on the surrounding environment.(1) For more details on the 2020 series AGT System, please refer to the following press www.mhi.com/news/190212.html(2) For details on the 2016 Good Design Award, please refer to the following press release. www.mhi.com/news/1609292012.htmlTags: transportation systemAbout 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.
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TOYOTA GAZOO Racing FULLY PREPARED FOR DAKAR 2025 JCN Newswire

TOYOTA GAZOO Racing FULLY PREPARED FOR DAKAR 2025

TOKYO, Nov 26, 2024 - (JCN Newswire via SeaPRwire.com) - TOYOTA GAZOO Racing (TGR) is set to take on the upcoming Dakar Rally with a strong six-car team, combining the expertise and talent of both TOYOTA GAZOO Racing and TOYOTA GAZOO Racing South Africa (TGRSA). Along with TEAM LAND CRUISER TOYOTA AUTO BODY (TLC) and HINO TEAM SUGAWARA, they are ready for the challenge of the 2025 Dakar Rally.TOYOTA GAZOO Racing (TGR)This year, for Dakar 2025, the team’s approach consists of two distinct components. The TOYOTA GAZOO Racing crew, representing Toyota Motor Europe, features rising stars Lucas Moraes with co-driver Armand Monleon, and Seth Quintero with co-driver Dennis Zenz. This youthful duo embodies TGR’s philosophy of nurturing young talent, providing them with unparalleled experience and opportunities to develop in the world of rally-raid.Building on their success in the 2024 World Rally-Raid Championship (W2RC), where Lucas Moraes and Seth Quintero contributed to Toyota’s victory in the Manufacturer’s Championship, the team heads to the Dakar with a determination to carry the momentum from the W2RC win forward into the new year. As the opening round of the 2025 W2RC season, the Dakar Rally is critical to setting the tone for the championship, making a strong result vital for the team’s title aspirations.The 2025 Dakar Rally also marks a strengthened partnership with Repsol, who remains a key sponsor to TGR. This partnership reflects TGR’s dedication to sustainable innovation. Repsol demonstrates its expertise in renewable fuels playing a key role in Toyota’s multi-path technology strategy. Supporting a future towards carbon neutrality in motorsports. The Repsol brand will be proudly displayed on the TGR cars and team apparel, symbolizing a shared vision for sustainable motorsport that drives forward the pursuit of renewable energy solutions.TOYOTA GAZOO Racing South Africa (TGRSA)TOYOTA GAZOO Racing South Africa (TGRSA) will field a four-car team, including Giniel de Villiers partnered with Dirk von Zitzewitz, Henk Lategan with co-driver Brett Cummings, Guy Botterill with co-driver Dennis Murphy, and Saood Variawa with co-driver Francois Cazalet.Combining the TGR and TGRSA teams brings a comprehensive six-car line-up and forms one of the most versatile and balanced teams to the 2025 Dakar Rally, combining youthful energy with decades of experience in a single outfit.For the full press release, visit https://toyotagazooracing.com/dakar/release/2024/1126-01/.About Toyota Toyota strives to be a strong corporate citizen, engaging with and earning the trust of its stakeholders, and to contribute to the creation of a prosperous society through all its business operations.Our corporate principles form the basis of our initiatives, reflect values that enable action, and drive our mindset.For the latest Toyota-related news and information:https://tinyurl.com/ToyotaPressReleasenewsroom@global.toyota Copyright 2024 JCN Newswire via SeaPRwire.com.
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Eisai Signs Research Collaboration Agreement with The National Center of Neurology and Psychiatry to Initiate Apolipoprotein E Genetic Testing in the “AD-DMT Registry” in Japan JCN Newswire

Eisai Signs Research Collaboration Agreement with The National Center of Neurology and Psychiatry to Initiate Apolipoprotein E Genetic Testing in the “AD-DMT Registry” in Japan

TOKYO, Nov 26, 2024 - (JCN Newswire via SeaPRwire.com) - Eisai Co., Ltd. and Biogen Japan Ltd. announced today that Eisai has entered into a research collaboration agreement with the National Center of Neurology and Psychiatry to conduct apolipoprotein E (APOE) genetic testing in the dementia research and development program, “Development and Analysis of a National Clinical Registry of Disease-Modifying Therapies for Alzheimer’s Disease” (“AD-DMT Registry”). The research will be implemented by the Japan Agency forMedical Research and Development (AMED), with NCNP as the lead research institution.The APOE gene is known to be a risk factor for the onset of Alzheimer’s disease and is also associated with the frequency of amyloid-related imaging abnormalities (ARIA) in anti-amyloid β antibody treatments such as lecanemab (LEQEMBI®).(1)In Japan, at present, APOE genetic testing is not available for routine clinical practice under National Health Insurance. For thisreason, by using APOE genetic information collected in the AD-DMT Registry, Eisai and NCNP can further study the relationship between the APOE genotype and the safety and efficacy of treatment with lecanemab.Based on this research collaboration agreement with NCNP, Eisai will cover the cost of the APOE genetic testing conducted in the AD-DMT Registry. The findings, along with data collected from the lecanemab-specific post-marketing surveillance (all-casesurveillance), will be part of the reexamination of lecanemab’s application by the Japanese Pharmaceuticals and MedicalDevices Agency (PMDA) to ensure the label reflects the latest scientific understanding with the goal of improving patientoutcomes.Eisai and Biogen Japan will continue to contribute to the advancement of Alzheimer’s disease treatment through ongoing collaboration with academia.Eisai serves as the lead of lecanemab development and regulatory submissions globally with both Eisai and Biogen Inc. (U.S.)co-commercializing and co-promoting the product and Eisai having final decision- making authority. In Japan, Eisai and Biogen Japan will co-promote lecanemab, with Eisai distributing the product as the Marketing Authorization Holder.(1) Foley KE and Wilcock DM (2024). Three major effects of APOEε4 on Aβ immunotherapy induced ARIA. Front. Aging Neurosci. 16:1412006. doi: 10.3389/fnagi.2024.1412006About the “Development and Analysis of a National Clinical Registry of Disease-Modifying Therapies for Alzheimer’s Disease”The National Center of Neurology and Psychiatry (NCNP) is the lead research institution for the dementia research and development program “Development and Analysis of a National Clinical Registry of Disease-Modifying Therapies for Alzheimer’s Disease” under the Japan Agency for Medical Research and Development (AMED). The research is being conducted with the aim of collecting clinical information and test data obtained from routine medical care using treatments including anti-amyloid β antibody drugs such as lecanemab, evaluate the efficacy and safety of these drugs, and perform blood sampling for APOE genotyping and measurement of other biomarkers in patients receiving the drugs. Some of theseresults will be reported to the participating patients, and the safety and efficacy of the drugs will be examined based on APOE genotype and other factors. Eisai plans to conduct large-scale and efficient research by sharing data of patients who have given their consent from the specific post-marketing surveillance.For more details on AMED's dementia research and development program, please visit the AMED website.About EisaiEisai's Corporate Concept is "to give first thought to patients and people in the daily living domain, and to increase thebenefits that health care provides." Under this Concept (also known as human health care (hhc) Concept), we aim toeffectively achieve social good in the form of relieving anxiety over health and reducing health disparities. With a global network of R&D facilities, manufacturing sites and marketing subsidiaries, we strive to create and deliver innovative products to target diseases with high unmet medical needs, with a particular focus in our strategic areas of Neurology, Oncology and Global Health.Theoria technologies Co., Ltd., a member of the Eisai Group, operates the dementia portal site "Theotol" (https://theotol.soudan-e65.com/), which provides easy-to-understand contents and services for the general public aboutMCI and various types of dementia, their causes, treatments, as well as caregiving methods and personal experiences. (Japanese only)About Biogen JapanFounded in 1978, Biogen is a leading biotechnology company that pioneers innovative science to deliver new medicines to transform patients’ lives and to create value for shareholders and our communities. We apply deep understanding ofhuman biology and leverage different modalities to advance first-in-class treatments or therapies that deliver superior outcomes. Our approach is to take bold risks, balanced with return on investment to deliver long-term growth.We routinely post information on Biogen Japan that may be important to investors on our website at https://www.biogen.com/ and social media Facebook, Twitter, Instagram, YouTube, LinkedIn, LINE.Media Contacts:Eisai Co., Ltd.Public Relations Department TEL: +81 (0)3-3817-5120Biogen Japan, Ltd.Corporate AffairsTEL: +81-70-1501-4315E-mail: Japan-PA@biogen.com Copyright 2024 JCN Newswire via SeaPRwire.com.
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Fujitsu develops Policy Twin, a new digital twin technology to maximize effectiveness of local government policies for solving societal issues JCN Newswire

Fujitsu develops Policy Twin, a new digital twin technology to maximize effectiveness of local government policies for solving societal issues

KAWASAKI, Japan, Nov 26, 2024 - (JCN Newswire via SeaPRwire.com) - Fujitsu today announced that it has developed Policy Twin, a new digital twin technology to simulate the social impact of local government policies. Fujitsu will start offering Policy Twin to support effective and efficient service delivery in municipal preventive healthcare services on December 6, 2024 via the Fujitsu Research Portal (1), Fujitsu’s environment that offers users the opportunity to try out Fujitsu's advanced technologies.Fujitsu’s newly developed technology recreates previously successful local government policies on a digital twin and uses data to generate new policy candidates and gauge effectiveness.During field trials in preventive healthcare projects, the new technology enabled the creation of policy candidates that doubled both the medical expense cost-savings and the improvement of health indicators achieved through health guidance compared to the previous year, while meeting resourcing requirements. This demonstrated the technology’s ability to create policies that achieve multiple objectives simultaneously, potentially shortening planning times and facilitating consensus building.Fujitsu aims to launch a service for the healthcare and medical sector in Japan utilizing the newly developed digital twin technology by fiscal year 2025. Furthermore, by leveraging this technology in its Uvance Wayfinders consulting services, Fujitsu aims to digitalize stakeholder initiatives and contribute to solving societal challenges, inlcuding service restructuring to address workforce shortages, disaster prevention and mitigation, and enhancing supply chain resilience.Policy Twin OverviewFujitsu has been developing Social Digital Twin (2), a group of technologies that incorporate the latest insights from behavioral economics into ICT, including AI, to support solutions for complex societal challenges. This involves developing digital rehearsal technology capable of accurately recreating human behavior on a digital twin and predicting the effect/impact of policies.Building on this digital rehearsal technology, Policy Twin leverages empirical economics, the science of using data to understand how to best allocate resources, to preemptively assess and compare the effectiveness of digitally recreated local government policies on a digital twin, enabling effectiveness maximization and comparative analysis.The process of using Policy Twin to identify effective policies is as follows:1) Convert written policies into flowchart format: Assisted by large language models (LLMs), publicly available municipal policy documents are converted into a machine-readable flowchart format (Figure 1). This format includes the services provided (health guidance, clinic visit recommendations, etc.) and uses conditional branches to narrow down the target recipients (i.e., conditions related to blood glucose levels or kidney disorders). This allows for comparison of the flow differences between policies of multiple similar municipalities, taking into account geographical characteristics and demographic composition.2) Generate new policy flowchart candidates: As shown in Figure 2, new flowchart candidates are reconfigured by referencing the flowcharts of successful policies from multiple municipalities and combining parts of the conditional branches and services provided. During this process, the resource allocation examination process of empirical economics is referenced, and the combination of flowcharts is selected based on constraints such as the limited allocation range of resources (i.e., service usage capacity).3) Simulate service provision: For each generated flowchart candidate, a simulation is run using techniques including machine learning that considers human behavioral choices (proprietary behavioral choice model) (3) and past data to determine which conditional branches people pass through and what services are ultimately provided. Furthermore, it calculates how target indicators, such as health indicators, medical costs, and resources, will change for the municipalities. When the accuracy of the simulation was verified for a preventive healthcare project in a certain municipality, it was confirmed that the number of health guidance cases calculated by the Policy Twin based on Japanese National Health Insurance data matched the actual values within a 5% margin of error. In this way, multiple indicators are simulated for each of the multiple flowchart candidates, and the flowchart candidate with the maximum indicators is selected.Future ImpactFujitsu anticipates that utilizing the Policy Twin for more effective preventive healthcare policy making allows municipalities to simultaneously achieve improvements in resident health, cost savings, and disease prevention, ultimately contributing to improved well-being. As the Policy Twin can also demonstrate the rationale behind the proposed policies, it can facilitate consensus-building among diverse stakeholders and support its implementation in society. Furthermore, employing this technology across multiple municipalities is expected to lead to best practice creation, mutual referencing of policies between municipalities, and application towards the standardization of policies.(1) Fujitsu Research Portal :Portal site that has been open to the public since June 2023 to provide registered users access to trial versions of Fujitsu’s advanced technologies.(2) Social Digital Twin :Group of technologies to digitally recreate not only the states of both people and objects, but also economic and social activities, based on real-world data. The Social Digital Twin aims to facilitate the understanding of the mechanisms that cause societal problems and solve increasingly complex and diverse issues.(3) Behavioral choice model :The technology combines prospect theory, one of the leading theories in behavioral economics, and machine learning. It can express differences in choices among people while maintaining behavioral characteristics common to many people.About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.Press ContactsFujitsu LimitedPublic and Investor Relations DivisionInquiries Copyright 2024 JCN Newswire via SeaPRwire.com.
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TOYOTA GAZOO Racing reinforces WRC line-up with youth and experience for 2025 JCN Newswire

TOYOTA GAZOO Racing reinforces WRC line-up with youth and experience for 2025

Toyota City, Japan, Nov 25, 2024 - (JCN Newswire via SeaPRwire.com) - TOYOTA GAZOO Racing World Rally Team has presented its line-up for the 2025 FIA World Rally Championship season as it further strengthens its squad of drivers with a mix of young talent and title-winning experience.After winning eight out of 13 rallies in 2024 and claiming a fourth consecutive manufacturers’ championship at the season-ending Rally Japan, TGR-WRT will enter 2025 with the mission to defend its crown and fight for the drivers’ and co-drivers’ titles. It will be able to count on an expanded line-up of cars and drivers, with four or five GR Yaris Rally1 entries set to appear on each event.Joining the team to start his first full season at the highest level will be Sami Pajari, following an impressive 2024 season in which he won the WRC2 drivers’ championship driving the GR Yaris Rally2 car and performed well in his first three outings in Rally1 machinery in Finland, Chile and Central Europe. The 22-year-old from Finland’s promotion demonstrates TGR-WRT’s commitment to developing young drivers as well as the GR Yaris Rally2’s role in providing a pathway to the top of the sport.Pajari, who will confirm the identity of his co-driver in due course, is one of four drivers who are set to feature on every rally.Double world champions Kalle Rovanperä and Jonne Halttunen will return to competing full-time with the team in 2025 after taking four wins from seven starts during a partial campaign this year. Elfyn Evans and co-driver Scott Martin, winners of last weekend’s Rally Japan, continue for their sixth successive season with the team, with Takamoto Katsuta and Aaron Johnston also returning for another year. Eight-time world champion Sébastien Ogier and co-driver Vincent Landais will once more contest a partial schedule of selected events after scoring three victories this season.TGR-WRT is pleased to confirm that Jari-Matti Latvala will continue in the role of Team Principal. In the last four seasons, in addition to overseeing numerous victories and championship titles, Latvala has been a trusted associate for the team’s drivers while also helping to identify and develop new talent such as Pajari.As part of TOYOTA GAZOO Racing’s driver-first approach, Latvala has also been given the opportunity by Akio Toyoda, TGR-WRT Chairman, to continue pursuing his first love of driving alongside his duties of Team Principal – for example, competing in Rally Finland with a GR Yaris Rally1 in 2023 and GR Yaris Rally2 in 2024. This will continue in 2025 when Latvala will drive one of the most successful Toyota rally cars – the Celica ST185 – in the FIA European Historic Rally Championship. He will do so in the colours of TGR, helping to connect the eras of Toyota participation in WRC and further share its passion for rallying with fans.In order to best support the team and ensure the continuation of the successful driver-first approach, Juha Kankkunen will take up the role of Deputy Team Principal. A four-time world champion, who won the last of his titles driving the Toyota Celica ST185 in 1993, Kankkunen will bring considerable experience of success to share with the drivers and other team members. He already knows the team well, having attended several events in an ambassadorial role over the past few years.Team nameTOYOTA GAZOO Racing WRT (World Rally Team)ChairmanAkio ToyodaTeam PrincipalJari-Matti Latvala (Finland)Deputy Team PrincipalJuha Kankkunen (Finland)VehicleGR Yaris Rally1 (length 4207mm; width 1875mm)EngineGI4BTyresHankookDriver/Co-driverDriverElfyn Evans (UK)Co-driverScott Martin (UK)DriverSébastien Ogier (France)Co-driverVincent Landais (France)DriverKalle Rovanperä (Finland)Co-driverJonne Halttunen (Finland)DriverTakamoto Katsuta (Japan)Co-driverAaron Johnston (Ireland)DriverSami Pajari (Finland)Co-driverTBCQuotes:Jari-Matti Latvala (Team Principal):“The 2024 season presented new challenges for our team, but we continued to perform at a high level and kept fighting until the final day to successfully retain our manufacturers’ title. For 2025, we are really happy to continue with the same drivers who have been performing strongly for us over recent seasons, and to have more drivers strengthening our efforts for the full championship. It’s also great to welcome Sami Pajari to our line-up thanks to the investment that we are making to develop young drivers. Sami has made great steps this year and we are confident that he’s ready to move up to the highest level. Personally, I’m very excited to have the opportunity to combine my role as Team Principal with my passion for driving, competing with the legendary Toyota Celica, and I’m really pleased that Juha Kankkunen will take on the role of Deputy Team Principal to support me and the team on WRC events: he knows the team well and brings a lot of experience to the role.”Juha Kankkunen (Deputy Team Principal):“It is a great pleasure for me to take on this role with the team. During my career I drove with many different teams but I had nine years in total with Toyota: it was the first manufacturer to give me an opportunity in the WRC, and I believe it is probably the best team in the world. There are very good people and the cooperation has always been excellent between Europe and Japan. This team spirit and teamwork is very important and everybody is pushing together. I have a good relationship with Akio Toyoda, having been driving together with him in demonstration events in the last few years, and also with Jari-Matti, who is a great person and very easy to talk with. I’m really happy to work more closely with them and to help the team where I can.”Elfyn Evans:“I’m very happy to continue with TGR-WRT next year. Since 2020 we’ve had some great seasons together, and although 2024 could have been even more successful, I know that there’s still a lot of potential in the team and I feel I have plenty more to give as well. So I’m looking forward to continuing our partnership. We know that we need to keep working hard together and hopefully we can achieve more good results in the future.”Kalle Rovanperä:“I’m really excited that I will be driving in the full WRC season again next year. This year has been quite different for me, driving a few different cars and still winning some rallies at the same time. It’s been a nice year, but it’s also given me a lot of motivation to return for the full season, to push together with Jonne for the drivers’ and co-drivers’ titles and do our best with the team to win the manufacturers’ championship too.”Sébastien Ogier:“It’s really exciting to remain with TOYOTA GAZOO Racing for 2025. We have already had five very fantastic seasons together with a lot of victories and success and I’m really looking forward to continuing this story. Once again my main goal is to give my support to the team in the manufacturers’ championship in a partial programme, and hopefully we can manage to win all three titles. Let’s keep pushing the limits together.”Takamoto Katsuta:“I’m really happy that I will continue driving with the team in 2025. It has been a challenging season for me this year, and I want to thank the team and everyone who has been supporting me in the difficult moments. I feel I have shown my speed on most of the rallies, so the confidence is growing and I just need to find the right rhythm through every rally: this is my main target next year. If everything goes well, I’m sure I can fight for more podiums.”Sami Pajari:“This is a dream come true for me and I’m really grateful to TOYOTA GAZOO Racing and the team for giving me this amazing opportunity. There have also been many important people who have been helping me and making this possible. It has been an incredible year for us in the GR Yaris Rally2 and in our first events in the Rally1 car, and although we have now reached the place we were aiming for, I also know that this is where the hard work really starts to learn and to push for good results in the future.”TGR WRC Challenge ProgramThe TGR WRC Challenge Program started in 2015 aiming to develop professional rally drivers who can compete on the world stage, following in the footsteps of Takamoto Katsuta. The program’s second-generation drivers Hikaru Kogure and Yuki Yamamoto will both continue in 2025. It will be their second season driving the GR Yaris Rally2 car on events, including WRC2 rounds, after gaining valuable experience this year.A third generation of drivers, Shotaro Goto and Takumi Matsushita, were selected to join the program ahead of 2024. Having now taken part in their first rallies in Europe in Rally4 cars, they will continue their training in 2025 with a step up to four-wheel drive Rally3 machinery.The process to select a fourth intake of young drivers is underway. Following an initial selection event at Fuji Speedway, seven drivers will take part in the final selection in Finland in December.DriverHikaru Kogure (Japan)DriverYuki Yamamoto (Japan)DriverShotaro Goto (Japan)DriverTakumi Matsushita (Japan) Copyright 2024 JCN Newswire via SeaPRwire.com.
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Toyota Submits Progress Report on Recurrence Prevention Measures JCN Newswire

Toyota Submits Progress Report on Recurrence Prevention Measures

TOKYO, Nov 25, 2024 - (JCN Newswire via SeaPRwire.com) - Toyota Motor Corporation (Toyota) has submitted a progress report on measures to prevent recurrence of model certification application issues to the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) today in light of the correction order the ministry issued on July 31. This report, summarizing actions taken to date, is the first of a series of quarterly reports.Response to the correction orderWe are reviewing our mechanisms and systems to increase legal compliance awareness among all employees and to enable them to do their work in a correct manner. This incident prompted management to make more frequent visits to the genba. Through this process, we found that we were not taking the necessary steps at the necessary times, including decisions on managing aging equipment. Going forward, management will make swift decisions on actions required in the medium to long term and will share that information with all employees. Through a series of such initiatives, we aim to be the company of choice for our customers.Specific progress of measures to prevent recurrenceWe are promoting on-site management to drive development and certification work. We have also implemented measures to remedy any issues identified through that process.- To be able to take appropriate actions immediately when abnormalities are found, management is visiting the genba in person to learn about the actual situation to create the appropriate environments and allocate resources needed for Human Development, Monozukuri and Strengthening Foundations.- We have reviewed responsibilities and processes so that appropriate management can be made at each stage of development and certification application.- We have introduced education programs to improve management's understanding of certification rules and its awareness of compliance.- The Legal Supervisor is attending internal certification tests and shares audit results with management.- We have established means for appropriate storage and handling of certification-related data.- We are using digital technology to automatically generate test results (to reduce human errors and workloads, etc.).- We are pursuing improvement of compliance awareness in development and certification departments using educational environments, including the Quality Learning Center, and by offering e-learning opportunities to all employees.Through Toyota's company-wide TPS training program for Certification Work, we are also working to develop a corporate culture across the Toyota Group to address fundamental challenges in development. We are treating this as an opportunity to review not only our development and certification operations but the way we work in every process, from planning to sales. In this regard, we are currently conducting kaizen activities, fully considering the effect on prior to and post processes.To once again gain the trust of our stakeholders, we will make company-wide efforts to prevent the recurrence of these issues.About Toyota Toyota strives to be a strong corporate citizen, engaging with and earning the trust of its stakeholders, and to contribute to the creation of a prosperous society through all its business operations.Our corporate principles form the basis of our initiatives, reflect values that enable action, and drive our mindset.For the latest Toyota-related news and information:https://tinyurl.com/ToyotaPressReleasenewsroom@global.toyota Copyright 2024 JCN Newswire via SeaPRwire.com.
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MHI Thermal Systems Receives Order from Aisan Industry for Aquifer Thermal Energy Storage System for Its New Anjo Plant JCN Newswire

MHI Thermal Systems Receives Order from Aisan Industry for Aquifer Thermal Energy Storage System for Its New Anjo Plant

TOKYO, Nov 25, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries Thermal Systems, Ltd. (MHI Thermal Systems), a part of Mitsubishi Heavy Industries (MHI) Group, has received an order from Aisan Industry Co., Ltd. (Obu-shi, Aichi Prefecture) for a large-scale Aquifer Thermal Energy Storage (ATES) system for the company's new Anjo Plant (tentative name). The project will be the first practical application of an ATES system in the Chubu region. MHI Thermal Systems' ATES system, including heat pump-type centrifugal chillers, is highly regarded for its energy-saving performance, optimal control technology, and operational performance. The order was placed through Obayashi Corporation, which is responsible for the construction of the plant. This project will be MHI Thermal Systems' first practical application of an ATES system outside of the Kansai region, and the fifth implementation site in Japan, including demonstration testing and social implementation.Aquifer Thermal Energy Storage (ATES) systemThe ETI-Z25.HP heat pump-type centrifugal chiller to be utilized for this system has a cooling capacity of 234 refrigeration tons (RT)(Note1) (823 kW) per unit, and can provide both hot and cold water supply. The refrigerant used is HFO-1233zd(E), which has a Global Warming Potential (GWP)(Note2) of 1 (one), giving it an extremely low environmental impact. The ATES system will be used for air conditioning at the plant, and is scheduled to start operations in the winter of 2025. Compared to conventional air conditioning systems, the adoption of high-efficiency centrifugal chillers, along with the utilization of control technologies such as automatic switching of optimal operating modes, can be expected to reduce annual CO2emissions by approximately 50%.(Note3) Recognition of these features led to the selection of the system by Ministry of the Environment for the Fiscal 2023 (Supplementary Budget) Subsidy for CO2 Emission Control Measures Project Expenses.(Note4)An ATES system uses gravel and groundwater stored in aquifers deep underground as an enormous heat storage tank, allowing for the effective use of energy by enabling the circulation of heat across seasons, such as using the cold waste heat from winter heating for summer cooling, and the warm waste heat from summer cooling for winter heating. MHI Thermal Systems' ATES system received the "Energy Conservation Center, Japan Chairman's Award" in the "Best Practice Category" at the 2021 Energy Conservation Grand Prize,(Note5) and the "HPTCJ Promotion Award" at the 2022 "Demand Side Management Awards".(Note6)Aisan Industry's new Anjo Plant (tentative name) aims to 1) achieve carbon neutrality for the entire plant, 2) establish a high value-added work style that furthers the realization of DX, and 3) provide new value. The plant is also pursuing innovative manufacturing, such as the building and operation of fully automated lines that run 24 hours a day, including logistics, highly efficient production activities with collaborative robots in which workers and robots work alongside each other, and quality assurance that makes full use of digital data and IoT. In this context, MHI Thermal Systems will support the company's energy circulation initiatives aimed at achieving carbon neutrality, from the standpoint of utilizing natural energy with an optimally controlled ATES system.MHI Thermal Systems has delivered many centrifugal chillers for district heating and cooling and factory air conditioning, and boasts the top market share in Japan in these fields. Going forward, MHI Thermal Systems will continue to respond to customer needs, and through the delivery of centrifugal chillers and air conditioning systems that have a low impact on the global environment, contribute to the realization of a carbon-neutral world.(1) refrigeration ton = approx. 3.516 kW(2) Global Warming Potential (GWP) is a coefficient, with CO2 fixed at a GWP of 1.0. Smaller values indicate greater environmental performance.(3) Compared to a gas absorption cold/hot water heater with similar capacity.(4) As part of the Fiscal 2023 (Supplementary Budget) Subsidy for CO2 Emission Control Measures Project Expenses (Projects to Promote the Mainstreaming of Renewable Energy and Strengthening of Resilience by Private Companies), selected from among projects to promote the introduction of renewable energy and cost reductions using new methods for Projects to Support Cost Reductions in the Use and Generation of Renewable Energy Heat "Equipment Introduction Project B."(5) For further information regarding the receipt of the "Energy Conservation Center, Japan Chairman's Award" sponsored by the Energy Conservation Center, Japan (ECCJ), see the following press release. www.mhi.com/news/211222.html(6) For further information regarding the receipt of the "HPTCJ Promotion Award" at the 2022 "Demand Side Management Awards" sponsored by the Heat Pump & Thermal Storage Technology Center of Japan (HPTCJ), see the following press release. www.mhi.com/news/22060301.htmlAbout MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2024 JCN Newswire via SeaPRwire.com.
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Oracle Red Bull Racing Driver Max Verstappen Wins Fourth Consecutive F1 Drivers’ World Championship JCN Newswire

Oracle Red Bull Racing Driver Max Verstappen Wins Fourth Consecutive F1 Drivers’ World Championship

TOKYO, Nov 25, 2024 - (JCN Newswire via SeaPRwire.com) - Max Verstappen, driver for Oracle Red Bull Racing, for which Honda is a team partner, clinched his fourth consecutive F1 drivers’ world championship on Sunday, November 23 local time in the Las Vegas Grand Prix(1), the 22nd round of the 2024 FIA*2 Formula One (F1) World Championship. For this season, as a team partner, Honda has been providing technical support and cooperating in marketing activities with Oracle Red Bull Racing and Visa Cash App RB. As part of the technical support, Honda Racing Corporation (HRC) is manufacturing and supplying all power unit (PU) components except for the ESS*3 to Red Bull Powertrains*4 and supporting the operations of the PUs throughout the season.(1) Official event name: Formula 1 Heineken Silver Las Vegas Grand Prix 2024*2 Fédération Internationale de lʼAutomobile.*3 Energy Storage System, the battery system that stores recovered electric energy.*4 A Red Bull Group company that produces F1 power units. For the current version of the PUs, PBPT is responsible for producing and operating the ESS.Comment of Koji Watanabe, President of Honda Racing Corporation (HRC)“Max, congratulations on your fourth consecutive Drivers’ Championship! It has been five years since your first victory with the Honda power unit at the 2019 Austrian Grand Prix. On top of your ‘fast’ and ‘strong’ driver capability, you have certainly added “toughness” that turns critical situations into opportunities. The remarkable achievement of winning former race at the São Paulo Grand Prix from the 17th grid truly endorses your development. Honda and HRC are proud to be able to support your fourth consecutive title, and HRC will continue to be dedicated to providing support to you, Max, and both the Oracle Red Bull Racing and Visa Cash App RB Formula One Team while aiming at even greater heights in the future.”Max VerstappenDate of Birth30 September 1997 (age 27)NationalityDutchPlace of BirthBelgiumHeight181 cmWeight72 kgRacing Career20143rd in FIA European Formula 3 Championship2015Debut F1 as the youngest F1 driver ever (17 years and 166 days.) 12th in Formula One Drivers’ Championship20165th in Formula One Drivers’ Championship. First win in Rd.5 Spain marked youngest win in F1 history (18 years and 228 days)20176th in Formula One Drivers’ Championship20184th in Formula One Drivers’ Championship20193rd in Formula One Drivers’ Championship. Win in Rd.9 Austria marked 1st win for Honda in Hybrid Era20203rd in Formula One Drivers’ Championship2021Formula One World Drivers’ Champion. Brought the first drivers’ title for Honda for the first time in 30 years since 19912022Formula One World Drivers’ Champion2023Formula One World Drivers’ Champion2024Formula One World Drivers’ Champion Copyright 2024 JCN Newswire via SeaPRwire.com.
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CleverTap Recognized as a ‘Strong Performer’ in the Cross-Channel Marketing Hubs, Q4 2024 Report JCN Newswire

CleverTap Recognized as a ‘Strong Performer’ in the Cross-Channel Marketing Hubs, Q4 2024 Report

SAN FRANCISCO / MUMBAI, Nov 22, 2024 - (ACN Newswire via SeaPRwire.com) - CleverTap, the all-in-one engagement platform, has been recognized as a 'Strong Performer' in The Forrester Wave(TM): Cross-Channel Marketing Hubs, Q4 2024. The report evaluated 14 top global vendors across 28 criteria, including experience optimization, identity resolution and privacy, customer analytics, and mobile.CleverTap received its highest scores in three key evaluation criteria: experience optimization, mobile, and pricing flexibility and transparency. Moreover, CleverTap is also among the only three vendors, out of the top 14 global providers evaluated, to receive 'above average' customer feedback, which we believe is a testament to the positive feedback from CleverTap customers, signifying trust and loyalty with the brand.Anand Jain, Co-founder and Chief Product Officer, CleverTap said, "At CleverTap, our focus has always been on empowering brands to deliver personalized experiences that resonate deeply with their audiences. And we believe that being recognized as a Strong Performer in the Forrester Wave(TM) CCMH Hubs 2024 report not only validates our commitment but also strengthens our resolve to continue setting new standards in customer engagement and growth."The Forrester Wave(TM) Cross Channel Marketing Hubs, Q4 2024 report states that "CleverTap offers an all-in-one platform for midsize enterprises; larger enterprises should consider its verticalized solutions to complement their Cross-Channel Marketing Hub (CCMH) ecosystem." Customers trust CleverTap; one noted how it understands their tech needs to integrate across marketing, CRM, and operations. The company's vision for inconspicuous engagement, based on customer consent and anticipation, resonates well, as does its view that MarTech should be a living cartography or ecosystem rather than a fixed stack. Additionally, IntelliNODE stands out as an embedded AI copilot that creates a network of experiments and automatically determines winning engagement paths, balancing individual and broader segment optimization.For more insights, you can access your complimentary copy of the report- https://clevertap.com/forrester-wave-cross-channel-marketing-hubs-q4-2024-report/ About CleverTapCleverTap is the leading all-in-one customer engagement platform that helps brands unlock limitless customer lifetime value. CleverTap is trusted by over 2000 brands like Decathlon, Domino’s, Levis, Jio, Emirates NBD, Puma, Croma (A Tata Enterprise), Swiggy, SonyLIV, Axis Bank, AirAsia, TD Bank, Ooredoo, and Tesco to help build personalized experiences for all their customers. The platform is powered by TesseractDBTM, the world’s first purpose-built database for customer engagement, offering speed and cost efficiency at scale.Backed by top-tier investors such as Accel, Peak XV Partners, Tiger Global, CDPQ and 360 One, the company is headquartered in San Francisco, with presence across Seattle, London, São Paulo, Bogota, Mexico, Amsterdam, Sofia, Dubai, Mumbai, Bangalore, Singapore, Vietnam, and Jakarta. For more information, visit clevertap.com or follow us on: LinkedIn: https://www.linkedin.com/company/clevertap/ X: https://twitter.com/CleverTap For more information: SONY SHETTY, Director, Communications, CleverTap, +91 9820900036, sony@clevertap.comASHMIT CHAUDHARY, Associate Consultant, Archetype, +91 8850752121, ashmit.chaudhary@archetype.co Copyright 2024 JCN Newswire via SeaPRwire.com.
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Honda Unveils Demonstration Production Line for All-Solid-State Batteries Located in Sakura City, Tochigi Prefecture, Japan JCN Newswire

Honda Unveils Demonstration Production Line for All-Solid-State Batteries Located in Sakura City, Tochigi Prefecture, Japan

TOKYO, Nov 21, 2024 - (JCN Newswire via SeaPRwire.com) - Honda Motor Co., Ltd. today unveiled the demonstration production line for all-solid-state batteries, which is being developed independently by Honda toward mass production. The line was constructed on the property of Honda R&D Co., Ltd. (Sakura), located in Sakura City, Tochigi Prefecture, Japan. While conducting technical verification to establish a mass production process on this demonstration line, Honda will determine the basic specifications of the battery cells, with an aim to begin applying its all-solid-state batteries to electrified models that will be introduced to market in the second half of the 2020s.For the purpose of establishing the mass production process for its all-solid-state batteries, Honda built this demonstration line that replicates processes required for the mass production. The demonstration line has a total floor area of approximately 27,400 m2 (295,000 ft2), and is equipped with facilities and equipment that enable verification of each production process, including weighing and mixing of electrode materials, coating and roll pressing of electrode assembly and the formation of cells, and assembly of the module. The construction of the facility building was completed in spring of this year, with almost all of the key equipment necessary for the verification now installed. Honda is planning to begin battery production on this demonstration line in January 2025 and will conduct verification of mass production technologies and costs for each process, while also developing battery cell specifications.Based on the conventional production process for liquid lithium-ion batteries, the Honda all-solid-state battery production process adopts a roll-pressing technique which will contribute to an increase in the density of the solid electrolyte layers, a process unique only to the production of all-solid-state batteries, and makes continuous pressing possible. With the adoption of the roll-pressing technique, Honda will strive to increase the degree of interfacial contact between the electrolyte and the electrodes and also increase overall productivity. Moreover, by consolidating and speeding up a series of assembly processes, including the bonding of positive and negative electrodes, Honda will strive to significantly reduce the production time per cell. Furthermore, Honda is also working to reduce indirect costs of battery production, including power consumption, by implementing various measures, including the establishment of production control technology that minimizes the low dew point environment necessary to ensure work safety and battery performance.By increasing cost competitiveness of its all-solid-state batteries through the adoption of a highly efficient production process and by expanding application of the batteries to a wide range of Honda mobility products, not only automobiles but motorcycles and aircraft, Honda aims to further reduce battery costs by taking advantage of economies of scale. Through these initiatives, Honda will offer new value made possible by its innovative all-solid-state battery technologies to an even greater number of customers and expand the joy of mobility.Honda has abundant manufacturing expertise and a proven track record of achieving mass production of new technologies, such as solar cells and fuel cells. Now, in the area of all-solid-state batteries, Honda is conducting speedy research and development in two core areas – material specifications and manufacturing methods – with the aim of starting mass production of the battery in the second half of the 2020s. Even before the battery materials and specifications are determined, the production engineering division has been participating in development and taking part in decisions on battery structure, materials, and production methods, which would be most suitable for vehicle installation. As a result, Honda was able to begin operation of this demonstration line quickly, and is making efficient progress in material selections.Striving to realize carbon neutrality for all Honda products and corporate activities by 2050, Honda has set a target to make battery-electric and fuel cell electric vehicles represent 100% of its new vehicle sales globally by 2040. Due to their characteristics of high energy density and excellent heat resistance, all-solid batteries are expected to be the next-generation batteries that will solve issues that hinder the popularization of EVs such as range, price, and charging time. In addition to the high energy density and durability achieved by its original material design technology, Honda is striving to lower the cost of the batteries by simplifying the cooling structure by taking advantage of high heat resistance and realizing highly efficient production processes, thereby achieving a significant advancement of EV performance and creation of new value for its customers.Comments by Keiji Otsu, President and Representative Director of Honda R&D Co., Ltd.“The all-solid-state battery is an innovative technology that will be a game changer in this EV era. Replacing engines that have been supporting the advancements of automobiles to date, batteries will be the key factor of electrification. We believe that advancement of batteries will be a driving force in the transformation of Honda. Now, the start of operation of our demonstration production line for our all-solid-state batteries is in sight, and we can say that we have reached an important milestone for Honda and the country of Japan. We will continue taking on challenges to launch our mobility products equipped with our all-solid-state batteries as quickly as possible so that Honda can offer new value to our customers.”About the demonstration production line for all-solid-state batteriesLocation122-32 Shimokodo, Sakura City, Tochigi Prefecture, JapanLot sizeApproximately 12,900 m2 (139,000 ft2)Total floor areaApproximately 27,400 m2 (295,000 ft2)Investment amountApproximately 43 billion yenNote: This demonstration line is partially funded by a grant from the Green Innovation Fund of the New Energy and Industrial Technology Development Organization (NEDO) of Japan.About HondaSince its foundation, Honda has been committed to "creating a society that is useful to people" by utilizing its technologies and ideas. We also focus on environmental responsiveness and traffic safety, and continue to take on the challenge of realizing a sustainable future. For more information, visit https://global.honda/en/.Head Office Contact Information: 2-1-1, Minami-Aoyama, Minato-ku, Tokyo 107-8556, JapanTel: +81-(0)3-3423-1111 (main) Copyright 2024 JCN Newswire via SeaPRwire.com.
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NaaS Q3 2024 Recap: Strategic Shifts and Tech Innovations for Growth JCN Newswire

NaaS Q3 2024 Recap: Strategic Shifts and Tech Innovations for Growth

HONG KONG, Nov 21, 2024 - (ACN Newswire via SeaPRwire.com) - NaaS Technology Inc. (NASDAQ: NAAS), a leading EV charging services company in China, recently held their Q3 2024 earnings call. During the Q&A session, analysts and investors sought insights into the company’s financial performance, operational strategies, and long-term goals. Key areas of discussion included profitability, cost management, market strategy, and technological advancements.1. Profitability and Margin Improvement: Responding to a question about gross profit and margin trends, management highlighted a 19% increase in gross profit from Q2 to Q3 and a record-high gross margin of 57%. The improvement was attributed to a focus on high-margin charging services and stringent cost controls, with expectations of further enhancements as the company scales.2. Operational Cost Reductions: Addressing inquiries on operational expenses, executives at NaaS reported a 44% reduction in operational losses compared to Q2, achieved by streamlining resources and cutting selling expenses by 41.7% and administrative expenses by 15%. They emphasized that measures reflect the company’s commitment to maintaining efficiency and profitability.3. Positive Non-IFRS Net Income: Asked about the significance of achieving positive non-IFRS net income, management emphasized a milestone of RMB 21 million net income in Q3. This shift was credited to reduced reliance on subsidies, improved revenue quality, and tax benefits from profitable subsidiaries.4. User Subsidies and Revenue Sustainability: Analysts inquired about trends in user subsidies and their impact on profitability. NaaS explained its strategic reduction of subsidies early in 2024, which improved take rates and fostered a more sustainable revenue model, driven by organic growth rather than incentives.5. Competitive Positioning: When questioned on competitive advantages, the company pointed to its asset-light model, advanced AI-powered platform, and ecosystem partnerships as key differentiators. These enable scalability and operational efficiency while maintaining market leadership.6. Synergies with Parent Company: Addressing a query on the partnership with NewLink, NaaS parent company, management noted that over 70% of new users were acquired organically through parent company NewLink’s ecosystem. This collaboration has reduced marketing expenses and enhanced user retention through shared resources.7. Focus on Core Charging Services: Responding to a question about strategic focus, executives highlighted the company's pivot to high-margin, asset-light charging services, which drove a record gross profit margin and allowed for better resource allocation compared to lower-margin energy solutions.8. Regional Expansion: Questions about recent expansions led to a discussion of partnerships in Fujian Province, which appear to have added over 100 charging stations and 1,600 DC fast chargers to NaaS. This seems to align with NaaS’s strategy to further develop a nationwide charging network, supported by AI-driven tools for operational efficiency.9. Charger Network Growth: On the topic of infrastructure, management attributed a 49% year-over-year increase in connected chargers to strategic site selection, technological innovations, and partnerships, emphasizing NaaS as a leader in China’s EV charging market.Overall, the Q&A session provided insights into how NaaS and its management are leveraging operational efficiencies, strategic shifts, and technology to strengthen its market position while pursuing sustainable growth and profitability. Copyright 2024 JCN Newswire via SeaPRwire.com.
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Start of Demonstration Test of Two-Phase Direct-to-Chip Cooling in the Air-Cooled Data Center JCN Newswire

Start of Demonstration Test of Two-Phase Direct-to-Chip Cooling in the Air-Cooled Data Center

TOKYO, Nov 20, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI), NTT Communications Corporation (NTT Com), and NEC Networks & System Integration Corporation (NESIC), will begin demonstration testing in December to increase the cooling capacity of data centers without major modifications to existing facilities by introducing high-performance servers equipped with two-phase direct-to-chip cooling(1) systems to data centers currently in operation. The demonstration test is being conducted in response to the adoption of a proposal to introduce systems using MHI's two-phase direct-to-chip cooling to the data center, for a project from the Tokyo Metropolitan Government's Bureau of Industrial and Labor Affairs to support the early practical application of technologies to advance the establishment of GX-related industries. This demonstration aims to achieve energy savings in server power consumption and reducing CO2 emissions by utilizing existing data center facilities.1. BackgroundWith the spread of generative AI and other technologies, the use of high-performance processors such as GPUs is increasing, necessitating the reinforcement of equipment due to the large power consumption and high heat output. To accommodate high-performance servers equipped with these processors, newly built data centers can adopt the latest cooling solutions. On the other hand, replacing existing equipment is challenging, and increased capital investment was an issue. Accordingly, there is a need for solutions that can reduce capital investment by effectively utilizing the facilities in existing data centers, reduce power consumption, and meet the cooling requirements of high heat generating servers.2. Outline of the Demonstration TestThis demonstration will implement the cooling of high-performance servers using two-phase direct chip cooling provided by MHI in an operational air-cooled data center located in Tokyo, operated by NTT Com. In two-phase direct-to-chip cooling, an insulating refrigerant other than water is circulated in a two-phase (liquid/gas) manner to a cold plate on the processor inside the server for cooling. Since water is not used, there is no concern of malfunction even if the refrigerant leaks inside the server. In addition, the heat from the processor is efficiently dissipated, and the autonomous control of refrigerant circulation enhances power efficiency by using the two-phase cooling. NESIC will work with MHI to build the IT equipment and demonstrate the server operation. The test will demonstrate that the application of two-phase direct-to-chip cooling systems in conventional air-cooled data centers will enable the introduction of high-performance servers in currently operating data centers without major modifications to existing facilities.3. Roles of each companyMHI: Project management, supply of two-phase direct-to-chip cooling system, and demonstration testingNTT Com: Supply of data center servicesNESIC: Server procurement, IT load and operation testing4. Future ProspectsMHI Group will provide a one-stop data center utility solution for highly reliable and high efficiency power supply units, cooling systems, monitoring systems, and integrated control systems to meet the expected growth in AI data centers market. By using Green ICT, MHI Group aims to contribute to the realization of a carbon neutral world and the conservation of the global environment.NTT Com, to realize a sustainable world, is advancing the adoption of solutions that utilize two-phase direct-to-chip cooling, as well as IOWN APN(2), and Green Nexcenter®, a colocation service that supports liquid-cooled server devices. By leveraging green ICT, NTT Com will meet customer needs for generative AI and high-performance GPUs, as well as the new communication network IOWN APN.NESIC will leverage its strength in comprehensive system integration capabilities to develop and support solutions for next-generation data centers that contribute to carbon neutrality, and contribute to the conservation of the global environment.(1) Two-phase direct-to-chip cooling is a technology in which an insulating refrigerant is circulated in a two-phase manner to a cold plate on a semiconductor chip (processor) inside a server, for cooling without using water.(2) IOWN is a network and information processing platform that utilizes optical-related technologies and information processing technologies for the realization of a smart society. "IOWN®" is a trademark or registered trademark of Nippon Telegraph and Telephone Corporation. APN is an all-optical network that utilizes photonics-based technologies across the entire system, from the network to the terminal.Related LinksDirect-to-chip cooling solutions introduction websitewww.mhi.com/products/infrastructure/direct_chip.html Companies selected to receive support of practical application of new GX-related technologieswww.metro.tokyo.lg.jp/tosei/hodohappyo/press/2024/10/01/18.html (Japanese) [Press Release] "NTT Com Launches "Green Nexcenter™" Ultra Energy-Saving Data Center Service Compatible with Liquid-Cooled Server Equipment"https://www.ntt.com/about-us/press-releases/news/article/2023/1004_2.html 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.
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Rozebalamin for Injection 25mg (Mecobalamin) for Amyotrophic Lateral Sclerosis Launched in Japan JCN Newswire

Rozebalamin for Injection 25mg (Mecobalamin) for Amyotrophic Lateral Sclerosis Launched in Japan

TOKYO, Nov 20, 2024 - (JCN Newswire via SeaPRwire.com) - Eisai Co., Ltd. announced today that the amyotrophic lateral sclerosis (ALS) treatment “Rozebalamin® for Injection25 mg” (mecobalamin) has been launched in Japan as a treatment for slowing progression of functionalimpairment in amyotrophic lateral sclerosis. The product received manufacturing and marketing approval in Japan on September 24, 2024, and was published in Japan’s National Health Insurance Drug Price List today.This approval is based on the results of JETALS (The Japan Early-Stage Trial of Ultrahigh-Dose Methylcobalamin for ALS),multicenter, placebo-controlled, double-blind, randomized Phase III clinical trial in 130 patients with ALS, that was conducted as an investigator-initiated trial by a research team with Extraordinary Professor Ryuji Kaji (Principal Investigator), Tokushima University, and Professor Yuishin Izumi (Coordinating Investigator), the Department of Neurology,Tokushima University Graduate School of Biomedical Sciences, and Professor Satoshi Kuwabara (Coordinating Investigator), the Department of Neurology, Chiba University Graduate School of Medicine.1ALS is an intractable, progressive, neurodegenerative disease that results in severe muscle atrophy and weakness in the muscles due to motor neuron dysfunction. As the main cause of death is respiratory failure due to paralysis of the respiratory muscles, without the use of an artificial respirator, death occurs within approximately 2 to 5 years from the onset of the disease.2 The number of patients in Japan is estimated to be approximately10,000.2 Currently, there is no curative treatment established for ALS, and since there are only limited number of medicines approved in Japan and abroad, this is a disease with significant unmet medical needs.Eisai considers neurology a therapeutic area of focus. As a human healthcare company, Eisai is committed to further addressing the diverse needs of, and increasing the benefits of, patients and their families by providing Rozebalamin as a new treatment option for ALS patients.Product OutlineProduct name: Rozebalamin® for Injection 25 mg Generic name: MecobalaminIndication for use: Slowing progression of functional impairment in amyotrophic lateral sclerosisDosage and administration: The usual dose of mecobalamin in adults is 50 mg a day, twice a week, injected intramuscularly.National Health Insurance (NHI) Drug Price: Rozebalamin® for Injection 25 mg 1 vial 10,425 JPY Packaging: Rozebalamin® for Injection 25 mg 8 vialsAbout Rozebalamin (generic name: mecobalamin, development code: E0302)Mecobalamin is approved and marketed as Methycobal®, a 500 µg injection of mecobalamin indicated for the treatmentof peripheral neuropathies and megaloblastic anemia caused by vitamin B12 deficiency. Methycobal is also approved as a tablet formulation (250 µg and 500 µg) as well as a fine granule formulation (0.1%) indicated for the treatment of peripheral neuropathies. While the mechanism of action of mecobalamin against amyotrophic lateral sclerosis (ALS) is not known, it has been suggested in non-clinical research that mecobalamin may have efficacy through a neuroprotective effect and regeneration of nerve axons. Since the 1990s, clinical research has been carried out by a study group on the Ministry of Health, Labour and Welfare, suggested that ultrahigh-dose mecobalamin, which is respectively 50 and 100 times the approved dosage of Methycobal, could have a clinical effect in ALS, and Eisai then conducted the Phase II/III clinical trial (Study 761) from 2006. Eisai submitted a new drug application in May 2015 but the Pharmaceuticals and Medical Devices Agency (PMDA) indicated that additional clinical trials were necessary.After obtaining favorable results in the investigator-initiated Phase III trial JETALS, and following consultation withTokushima University, Eisai submitted a new drug application for the treatment of ALS in Japan in January 2024, leading to its approval in September, 2024 and leading to the launch today. In May 2022, Rozebalamin received orphan drug designation from the Japanese Ministry of Health, Labour and Welfare.About Japan Early-stage Trial of Ultrahigh-Dose Methylcobalamin for ALS (JETALS)The Japan Early-stage Trial of Ultrahigh-Dose Methylcobalamin for ALS (JETALS) is an investigator-initiated study conducted as a multicenter, placebo-controlled, double-blind, randomized Phase III clinical trial to verify the efficacy and safety of high-dose methylcobalamin (mecobalamin) in patients with amyotrophic lateral sclerosis (ALS).1Mecobalamin 50 mg or placebo was administered intramuscularly twice weekly for 16 weeks to 130 ALS patients who had suffered from ALS for less than one year, were classified as “definite”, “probable”, or “probable- laboratory supported” according to the Updated Awaji Criteria, had an ALS severity rating of grade 1 or 2, had a decrease of 1 or 2 points inthe total score on the Revised ALS Functional Rating Scale-Revised (ALSFRS-R) 12 weeks prior to administration, and had a forced vital capacity (%FVC) of more than 60%.3The primary endpoint was the change in ALSFRS-R total score from the end of the observation period to week 16 of the treatment period. The change was -2.7 [95% confidence interval (CI): -3.9, -1.5] in the mecobalamin50 mg group and -4.6 [95% CI: -5.8, -3.4] in the placebo group, with a difference in change of 2.0 (95% CI: 0.4, 3.5; p=0.012), verifying the superiority of mecobalamin 50 mg over placebo.3 The adverse drug reaction incidence rate was 1.6% (1/64 cases) in the placebo group and 7.7% (5/65 cases) in the mecobalamin 50 mg group. Adverse drugreactions observed in the mecobalamin 50 mg group were constipation, injection site pain, fever, electrocardiogram QT prolongation, and rash, occurring in 1.5% (1/65 cases) each.3(1) Oki R, et al. Efficacy and safety of ultrahigh-dose methylcobalamin in early-stage amyotrophic lateral sclerosis a randomized clinical trial. JAMA Neurol. 2022;79(6):575-583.(2) Japan Intractable Diseases Information Center, Amyotrophic lateral sclerosis (ALS), Designated intractable disease (2). https://www.nanbyou.or.jp/entry/52. Last accessed: September 2024. (Japanese only)(3) Information stated in the package insert.Media Inquiries:Public Relations Department, Eisai Co., Ltd.+81-(0)3-3817-5120 Copyright 2024 JCN Newswire via SeaPRwire.com.
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Anticancer Agent “TASFYGO Tablets 35mg” (Tasurgratinib Succinate) Launches in Japan for Biliary Tract Cancer with FGFR2 Gene Fusion or Rearrangements JCN Newswire

Anticancer Agent “TASFYGO Tablets 35mg” (Tasurgratinib Succinate) Launches in Japan for Biliary Tract Cancer with FGFR2 Gene Fusion or Rearrangements

TOKYO, Nov 20, 2024 - (JCN Newswire via SeaPRwire.com) - Eisai Co., Ltd. announced today that it has launched fibroblast growth factor receptor (FGFR) selective tyrosine kinase inhibitor “TASFYGO® Tablets 35mg” (generic name: tasurgratinib succinate) in Japan for the treatment of patients with unresectable biliary tract cancer with FGFR2 gene fusions or rearrangements that progressed after cancer chemotherapy. The product received manufacturing and marketing approval in Japan on September 24, 2024, and was published in Japan’s National Health Insurance Drug Price List today.Discovered in-house by Eisai’s Tsukuba Research Laboratories, TASFYGO is an orally available novel tyrosine kinase inhibitor that demonstrates selective inhibitory activity against FGFR1, FGFR2 and FGFR3.The approval of TASFYGO in Japan is based on data such as the results of a multicenter, open-label, single- arm clinical phase II trial (Study 201) conducted by Eisai in Japan and China.1 A companion diagnostic test to detect FGFR2 gene fusions or rearrangements for the use of TASFYGO in biliary tract cancer, “AmoyDx® FGFR2 Break-apart FISH Probe Kit” by Nihon Stery, Inc. (Headquarters: Tokyo) was approved in August 2024.(2)The estimated number of patients in Japan with biliary tract cancer is approximately 22,000,(3),(4) with approximately 25% of the five-year relative survival rate,(3) making it an intractable cancer with the second worst prognosis following pancreatic cancer. Since drug therapy options are limited in comparison with other cancers, it is a disease with significant unmet medical needs. FGFR2 gene fusions or rearrangements are observed in approximately 5-14% of intrahepatic cholangiocarcinoma, which accounts for 15-30% of biliary tract cancers.(5),(6),(7) FGFR genetic aberrations such as the gene fusions are known to be deeply involved in the proliferation, survival and migration of cancer cells as well as tumor angiogenesis and drug resistance. As these genetic aberrations in FGFRs have been observed in various other types of cancers as well as biliary tract cancer, there is growing interest in FGFRs as a promising target for cancer therapy.TASFYGO is produced at the Kawashima Industrial Park (Gifu Prefecture), using innovative Continuous Manufacturing and Real Time Release Testing, a manufacturing technology that ensures product quality within production processes. Continuous Manufacturing is a production method in which processing is carried out continuously from raw material input to formulation. By incorporating real-time quality monitoring technology, multiple manufacturing processes are integrated, enabling automatic production. This method allows for higher quality control compared to conventional processes that focus on product release testing, by utilizing data within the manufacturing process and reducing human-error through automation.Eisai aims to make continuous efforts to meet the diversified needs of and increase the benefits provided to patients with cancer, their families, and healthcare professionals, by delivering TASFYGO as a new treatment option for biliary tract cancer with FGFR2 gene fusions or rearrangements.Product InformationBrand name: TASFYGO® Tablets 35mg Generic name: Tasurgratinib succinateIndications: Unresectable biliary tract cancer with FGFR2 gene fusions or rearrangements that progressed after cancer chemotherapyDosage and Administration: The usual adult dose of tasurgratinib is 140mg orally once daily under fasting conditions. The dose may be reduced appropriately according to the condition of the patient.National Health Insurance (NHI) Drug Price: TASFYGO Tablets 35 mg: ¥ 15,378.70 (per 1 tablet) Packaging: TASFYGO Tablets 35 mg: 56 tablets (14 tablet PTP sheet X 4)About “TASFYGO® Tablets 35mg” (tasurgratinib succinate, Development Code: E7090)Discovered in-house by Eisai’s Tsukuba Research Laboratories, TASFYGO is an orally available novel tyrosine kinase inhibitor that demonstrates selective inhibitory activity against fibroblast growth factor receptors (FGFR) FGFR1, FGFR2 and FGFR3. Distinct from prior known FGFR inhibitors, TASFYGO has a basic structure which lacks the dimethoxyphenyl moiety, and in a kinetic interaction analysis study, it was observed that TASFYGO demonstrates antitumor activities due to inhibition of kinase activity with a binding mode (Type V) that exhibits rapid and potent binding as well as high selectivity to FGFR.(8),(9)In non-clinical studies for biliary tract cancer, NIH/3T3 cells expressing FGFR2-AHCYL1, FGFR2-KCTD1, FGFR2-BICC1 or FGFR2-TXLNA as FGFR2-fusion genes, provided by the National Cancer Center Japan, were used. The antitumor activity of TASFYGO against FGFR2 gene fusion-positive cancers was confirmed in these models by evaluating its effect on anchorage-independent growth and subcutaneously transplanted tumor growth in mice.(9)A Phase I clinical trial is underway in Japan in patients with estrogen receptor-positive and HER2-negative breast cancer.About Real Time Release TestingReal Time Release Testing is a quality control approach that ensures the quality of final products based on data from within the manufacturing process. Applying Real Time Release Testing requires a quality design approach based on Quality by Design (QbD), an advanced development method for manufacturing processes. QbD is a development method that emphasizes process control based on profound understanding of manufacturing processes, rather than conventional quality assurance methods which mainly focus on product release testing.Eisai integrates Process Analytical Technology (PAT) into QbD to achieve a higher level of quality control by managing critical attributes of pharmaceuticals within the production process.(1) Furuse J. et al. Pivotal single-arm, phase 2 trial of tasurgratinib for patients with fibroblast growth factor receptor (FGFR)-2 gene fusion-positive cholangiocarcinoma (CCA). 2024 ASCO Gastrointestinal Cancers Symposium; Abstract No. 471. https://ascopubs.org/doi/pdf/10.1200/JCO.2024.42.3_suppl.471(2) AmoyDx® FGFR2 Break-apart FISH Probe Kit Approved as Companion Diagnostic for Eisai’s Tasurgratinib in Japan. Available at: https://www.amoydiagnostics.com/about/press-releases/245 Last accessed: September 2024.(3) Latest statistics, Cancer Information Service, National Cancer Center, Japan. (Japanese only)(4) The 23rd Follow-up Survey Reports for Primary Liver Cancer Cases in Japan (2014-2015), 2023. (Japanese only)(5) Arai Y. et al., Fibroblast growth factor receptor 2 tyrosine kinase fusions define a unique molecular subtype of cholangiocarcinoma, Hepatology, 2014, 59, 1427-1434.(6) Maruki Y. et al., Molecular detection and clinicopathological characteristics of advanced/recurrent biliary tract carcinomas harboring the FGFR2 rearrangements: a prospective observational study (PRELUDE Study), J Gastroenterol. 2021; 56(3), 250-260.(7) Tsujie M. et al., Fibroblast growth factor receptor 2 (FGFR2) fusions in Japanese patients with intrahepatic cholangiocarcinoma, Jpn J Clin Oncol. 2021; 51(6): 911-917.(8) Miyano SW. et al., E7090, a Novel Selective Inhibitor of Fibroblast Growth Factor Receptors, Displays Potent Antitumor Activity and Prolongs Survival in Preclinical Models, Molecular Cancer Therapeutics, 2016, 15, 2630-2639.(9) Kawano S. et al., Antitumor Activity of Tasurgratinib as an Orally Available FGFR1-3 Inhibitor in Cholangiocarcinoma Models With FGFR2-fusion, Anticancer Research, 2024, 44, 2393-2406.Media Inquiries:Public Relations Department, Eisai Co., Ltd.+81-(0)3-3817-5120 Copyright 2024 JCN Newswire via SeaPRwire.com.
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NTT and Olympus Joint Demonstration Shows IOWN APN’s Low-latency Capability Can Be Used for Real-time Diagnosis and Treatment on a Remote Server to Realize World’s First Cloud Endoscopy System JCN Newswire

NTT and Olympus Joint Demonstration Shows IOWN APN’s Low-latency Capability Can Be Used for Real-time Diagnosis and Treatment on a Remote Server to Realize World’s First Cloud Endoscopy System

News Highlights:By configuring the cloud endoscopy system with the latest IOWN APN1 (All Photonics Network; “APN”) technology, issues with latency were resolved, confirming that real-time diagnosis and treatment for patients through a remote server 150km away is feasible.Based on this result, NTT and Olympus will collaborate in studying the technical challenges towards the full-scale implementation of the cloud endoscopy system.TOKYO, Nov 19, 2024 - (JCN Newswire via SeaPRwire.com) - NTT Corporation (TSE: 9432; "NTT") and Olympus Corporation (TSE: 7733; "Olympus") today announced that, following the start of their joint experiment in March of the world’s first cloud endoscope system which processes endoscopic videos on the cloud, they jointly established a cloud endoscopy system utilizing the IOWN APN technology, and have demonstrated that the APN technology can solve network issues in realizing the cloud endoscopy system. Moving forward, the two companies will collaborate for the full-scale implementation of the cloud endoscopy system and enable performance and functional improvements of endoscopy systems through the cloud, contributing to society through improving access to advanced medical care.Parts of the results of this joint experiment will be exhibited at the NTT R&D FORUM 2024 - IOWN INTEGRAL2 event in Tokyo from November 25 to 29, 2024.Figure 1: Overview of Cloud Endoscopy SystemBackgroundAn endoscope is a medical device in which a flexible tube is inserted into the natural openings of the body to perform an examination and obtain tissue samples. Instances where endoscopes can be utilized are increasing year by year due to the equipment’s low level of invasiveness and high level of safety, and the technology is becoming increasingly sophisticated.However, current endoscopes handle all its functions within the endoscope device, making performance limitations and maintainability an issue. In addition, it is expected that more cases in the future will require flexible feature improvements and updates based on new user needs, such as real-time remote diagnosis and treatment. Therefore, there is discussion on cloud computing endoscopes, in which some functions with a high processing load, such as image processing, can be done on the cloud.To achieve image processing of endoscopes on the cloud, a network that connects the endoscope device and the cloud is vital. A lag in the network can lead to delay in the images in response to the endoscope operation, causing discomfort to the endoscopy operator. To prevent this, high-quality images captured by the endoscopy must be sent stably and with low-latency to an image processing system in the cloud, which has been a challenge.Overview of demonstration experimentThis demonstration experiment combined the advanced technology of Olympus’ endoscopes with NTT's high-speed, low-latency APN technology aimed at realizing real-time endoscope video processing in the cloud (Figure 1).(1) Configuration of the cloud endoscopy systemIn this joint demonstration experiment, we connected a video processing server (“server”), distanced 150km away from the device that inputs endoscopy images (“edge device”), to the APN and configured it as the cloud endoscopy system (Figure 2).The video captured by the endoscope was sent to the edge device via an endoscope processor, and then was transferred without any compressing to the server via the APN. The server then processed the video utilizing AI and other technology, and sent the processed video back to the edge device. Finally, the monitor which is connected to the edge device displayed the processed video for the endoscope operator to view.Figure 2: Configuration of the Cloud Endoscopy System and APN Experiment(2) Roles of each companyThe roles of each company for the demonstration experiment were divided as following.NTT:Provided the APN experiment environment and evaluated the APN connectivity and network quality.Olympus:Provided the endoscope device and evaluated the performance of the cloud endoscopy system and the processing capability of the software.Results of the joint demonstration experimentThe experiment used both a local configuration with a distance of 5m (assumed to be processed within the endoscope device) and an APN configuration with a distance of 150km which each processed the endoscopy video. The capture cards recorded the videos displayed on the endoscopy operator’s monitor, measured the network’s data latency, and compared the two videos (Figures 3 and 4).Due to the nature of endoscopy procedures, where operators perform examinations and surgeries while checking the video displayed on the monitor in real-time, the video captured by the scope needs to be processed and displayed without delay. If the video data (4K/60fps) is delayed even by a few frames, it will cause discomfort to the operator.This experiment was conducted with the goal of achieving a data transfer latency within 1 frame (under 16 milliseconds), considering the distance of approximately 150km. In result, the latency was 1.1 milliseconds, demonstrating that it was possible to transfer data at 1/10 of the target latency (Figure 5).Furthermore, regarding the difference between the videos processed locally and via the APN, a visual review by the operator confirmed that there was little difference in latency and fluctuation, demonstrating that latency in the APN would not be an issue in video processing.Through confirming that video processing between an edge device and a server separated by 150km is possible, this demonstrates the possibility of combining the video processing of hospitals in large areas, such as the entire metropolitan area, to a remote server, which is a valuable insight for the implementation of a cloud endoscopy system in the future.Figure 3: Connection Configuration of the Demonstration ExperimentFigure 4: Comparison of Processed Videos from APN Configuration and Local ConfigurationFigure 5: Result of Long-Distance (approx. 150km) Demonstration Experiment Using the APNIn light of these results, we were able to demonstrate that the APN can resolve network challenges related to a high-capacity network for transmitting high-quality images, which is necessary to realize the cloud computing of endoscopes, and a low-latency network for displaying inspection images without delay.OutlookMoving forward, the two companies will continue to study technical issues for social implementation of cloud endoscopy, such as advanced security measures for medical data in network transmission and real-time remote diagnosis and treatment by sharing image information among multiple hospitals.Through this initiative, NTT will establish a reference model for medical device networks that solves the various technical issues involved in the cloud computing of medical devices, and Olympus will contribute to the establishment of optimal networks and reference models for cloud endoscopy systems and other such systems.Terminology1. IOWN APN (All Photonics Network)The IOWN is comprised of three components: the "All Photonics Network (APN)," which makes it possible not only for networks but also for device processing; the "Digital Twin Computing," which enables advanced and real-time interaction between objects and humans in cyberspace; and the "Cognitive Foundation," which efficiently deploys various ICT resources.By introducing new optical technologies from the network to devices and chips, APN achieves ultra-low power consumption and ultra-high-speed processing, which has been difficult to achieve. By assigning wavelengths to each function on a single optical fiber, we can provide multiple functions that support our social infrastructure, including information and communication functions such as the Internet and sensing functions, without interfering with each other.2. NTT R&D FORUM 2024 - IOWN INTEGRAL official website: https://www.rd.ntt/e/forum/2024/About NTTNTT contributes to a sustainable society through the power of innovation. We are a leading global technology company providing services to consumers and business as a mobile operator, infrastructure, networks, applications, and consulting provider. Our offerings include digital business consulting, managed application services, workplace and cloud solutions, data center and edge computing, all supported by our deep global industry expertise. We are over $97B in revenue and 330,000 employees, with $3.6B in annual R&D investments. Our operations span across 80+ countries and regions, allowing us to serve clients in over 190 of them. We serve over 75% of Fortune Global 100 companies, thousands of other enterprise and government clients and millions of consumers.About 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 contactsNTT IOWN Integrated Innovation CenterPublic Relationshttps://tools.group.ntt/en/rd/contact/index.php?param01=R¶m02=101Olympus CorporationPublic RelationsGlobal-Public_Relations@olympus.com Olympus Corp [TYO: 7733][ADR: OLYMY][FRA: OLYS] https://www.olympus-global.com Copyright 2024 JCN Newswire via SeaPRwire.com.
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Kingsoft Announces 2024 Third Quarter Results JCN Newswire

Kingsoft Announces 2024 Third Quarter Results

FINANCIAL HIGHLIGHTSRMB’000 (Unaudited)For the three months ended30 September 202430 September202330 June2024Revenue2,914,7852,059,6792,473,766- Office Software and Services1,206,8151,098,3251,187,730- Online Games and Others1,707,970961,3541,286,036Gross Profit2,454,4441,676,8542,042,035Operating Profit1,144,118376,073794,037Profit Attributable to Owners of the Parent413,44928,492393,353Basic Earnings per Share (RMB)0.310.020.29HONG KONG, Nov 19, 2024 - (ACN Newswire via SeaPRwire.com) - Kingsoft Corporation Limited (“Kingsoft” or the “Company”; Stock Code: 03888.HK), a leading software and internet services company in China, has announced its unaudited quarterly results for the three months ended September 30, 2024 (“period under review”).During the period under review, the revenue of Kingsoft increased by 42% year-on-year and 18% quarter-on-quarter to RMB2,914.8 million. Revenue from the office software and services represented 41% and online games and others represented 59% of total revenue. Gross profit increased 46% year-on-year to RMB2,454.4 million. Operating profit before share-based compensation costs surged by 168% year-on-year and increased by 37% quarter-on-quarter to RMB1,202.4 million.Mr. Jun LEI, Chairman of Kingsoft, commented, “In the third quarter, our core businesses made steady progress, further solidifying our market presence. Kingsoft Office Group remains dedicated to R&D of AI and collaboration, empowering individual and institutional customers with technological innovation, bringing users a one-stop AI-empowered office experience, and promoting the application of new productive forces within the office services sector. With respect to online games business, we continue to refine our classic JX online series and actively expand into new game genres.”Mr. Tao ZOU, Chief Executive Officer of Kingsoft, added, “In the third quarter, fueled by the robust performance of our game products, the Group achieved significant growth in both total revenue and operating profit, both reaching a record high. Total revenue amounted to RMB2,914.8 million, representing year-on-year and quarter-on-quarter increases of 42% and 18% respectively. Revenue from online games and others business reached RMB1,708.0 million, representing a notable year-on-year increase of 78% and a quarter-on-quarter increase of 33%. Revenue from the office software and services business amounted to RMB1,206.8 million, representing a year-on-year increase of 10% and quarter-on-quarter growth of 2%. The operating profit of the Group surged to RMB1,144.1 million, demonstrating a substantial 204% year-on-year and a 44% quarter-on-quarter growth.”BUSINESS REVIEWOffice Software and ServicesFor the third quarter of 2024, revenue from the office software and services business increased by 10% year-on-year and 2% quarter-on-quarter to RMB1,206.8million. The year-on-year increase was mainly due to the growth of Kingsoft Office Group’s domestic individual office subscription business.In the domestic individual office subscription business, Kingsoft Office Group continued to optimize the features of WPS AI, providing users with a more convenient and efficient creative experience, further enhancing user stickiness and conversion rates. Our domestic institutional subscription business, leveraging the continuous improvement of the WPS 365, steadily advanced its SaaS transformation, and expanded its customer base among large and medium-sized private enterprises and local state-owned enterprises. Overseas business also maintained healthy growth. With respect to AI application innovation, the Group launched a series of core capabilities and solutions, including AI Co-writing, AI Docs (intelligent document library), Kingsoft Government Office Model, and the AI assistant – WPS Lingxi. The Group also released the WPS HarmonyOS NEXT, further promoting the development of the AI office ecosystem.Online Games and OthersFor the third quarter of 2024, revenue from online games and others business for the third quarter of 2024 increased by 78% year-on-year significantly and 33% quarter-on-quarter to RMB1,708.0 million. The year-on-year and quarter-on-quarter increases were mainly attributed to the outstanding performance of JX3 Online and the successful launch of JX3 Ultimate further boosting the game popularity, and the active operation and enhanced experience of other games.JX3 Online continues to demonstrate remarkable resilience. JX3 Ultimate has performed outstandingly since its launch, and the number of returning players has exceeded expectations. In October, JX3 Online released its annual expansion pack, featuring a new class, increased level cap, and innovative gameplay, further enhancing players’ emotional engagement and activity. The sci-fi mecha game Mecha BREAK completed its first public beta test in August, with player enthusiasm exceeding expectations, sparking widespread attention globally. The game has garnered nearly 3 million global pre-registrations and peaked at 17th on the Steam Global Wishlist. Furthermore, the mobile game The Fate of Sword: Zero has received license approval and is scheduled to launch next year.Mr. Jun LEI concluded, “In the third quarter, we focused on refining and optimizing our core products and services to lay a solid foundation for future development. Kingsoft Office Group will continue its long-term investment in AI and collaboration and address users’ office needs across various scenarios and deliver more intelligent and efficient office experience. Meanwhile, our online games business will remain dedicated to ongoing innovation and quality enhancement, offering exceptional gaming experience and rich content to global players.”About Kingsoft Corporation LimitedKingsoft (3888.HK) is a leading Chinese software and internet service company listed on the Hong Kong Stock Exchange. It has three main subsidiaries: Kingsoft Office, Seasun Holdings and Kingsoft Shiyou. With the implementation of the “transformation toward mobile internet” strategy, Kingsoft has completed a comprehensive transformation in its overall business and management model. The Company has established a strategic layout with office software and interactive entertainment as its pillars, and cloud services and artificial intelligence as its new starting points. Kingsoft has nearly 8,000 employees worldwide and holds a significant market share domestically. For more details, please refer to http://www.kingsoft.com.Kingsoft Investor Relations:Li YinanTel: (86) 10 6292 7777Email: ir@kingsoft.comFor further queries, please contact Hill and Knowlton:Ovina ZhuTel: (852) 2894 6315Email: kingsofthk@hkstrategies.com Copyright 2024 JCN Newswire via SeaPRwire.com.
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World’s First Successful Trial of Quantum Tokens Created Using Quantum Technology JCN Newswire

World’s First Successful Trial of Quantum Tokens Created Using Quantum Technology

TOKYO, Nov 18, 2024 - (JCN Newswire via SeaPRwire.com) - NEC Corporation (NEC; TSE: 6701) today announced a successful trial of tokens(1) created using quantum technology (quantum tokens) in cooperation with Tokyo-based Mitsui & Co., Ltd. (Mitsui) and U.S.-based Quantinuum.Mitsui and Quantinuum, which is engaged in the global rollout of quantum computing, have been working to develop practical unforgeable quantum tokens based on properties of quantum physics that are patented by Quantinuum. Until now, the principle behind quantum tokens had been proven in theory, but this time, using a quantum key distribution (QKD)(2) system for quantum cryptography communications(3) provided by NEC and 10km of optical fiber cable, the world's first demonstration experiment has been conducted to issue and redeem quantum tokens in an environment assumed for commercial use, and it was confirmed that tokens can be issued and redeemed as theoretically predicted.Unlike the tokens used in conventional communications technology, quantum tokens cannot be forged and can be redeemed instantly. Thanks to these characteristics, it will be possible to use them for a variety of purposes, including data restoration and certification, primarily for financial sector applications, such as high-speed transactions and commodity trading. The quantum cryptographic communication technology used in the trial is expected to be used in future infrastructure development as a communication method that cannot be decrypted by quantum computers, and quantum tokens can be used on this infrastructure. Based on the results of this trial, NEC will continue to work towards the social implementation of quantum cryptography technology.The equipment provided by NEC was partially supported by "Research and Development for the Construction of a Global Quantum Cryptographic Communication Network (JPJ008957)" project, which is part of the results from Japan’s Ministry of Internal Affairs and Communications’ (MIC) "R&D of ICT Priority Technology Project" (JPMI00316) and Japan’s Cabinet Office’s "Photonics and Quantum Technology for Society 5.0" project under the Cross-ministerial Strategic Innovation Promotion Program (SIP).(1) Token: A digital certificate indicating certain rights and values, such as digital assets, user information, and access rights.(2) Quantum key distribution (QKD) systems use quantum mechanics to share random secret keys between two communicating parties in order to guarantee secure communication, and then encrypt and decrypt information based on those keys. (Patented (as of November 18, 2024))(3 )Quantum cryptographic communication: Various companies are working to develop communications technologies that employ quantum properties to make eavesdropping physically impossible. In order to achieve this, quantum cryptographic communication uses encryption based on quantum properties.ShareAbout NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2024 JCN Newswire via SeaPRwire.com.
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CleverTap Recognized as a Strong Performer in Cross-Channel Marketing Hubs, Q4 2024 Report JCN Newswire

CleverTap Recognized as a Strong Performer in Cross-Channel Marketing Hubs, Q4 2024 Report

SAN FRANCISCO, CA & MUMBAI, Nov 18, 2024 - (ACN Newswire via SeaPRwire.com) - CleverTap, the all-in-one engagement platform has been recognized as a ‘Strong Performer’ in The Forrester Wave™: Cross-Channel Marketing Hubs, Q4 2024. The report evaluated 14 top global vendors across 28 criteria, including experience optimization, identity resolution and privacy, customer analytics, and mobile.CleverTap received its highest scores in three key evaluation criteria – Experience optimization, mobile, and pricing flexibility and transparency. Moreover, CleverTap is also among the only three vendors, out of the top 14 global providers evaluated, to receive ‘above average’ customer feedback, which, we believe is a testament to the positive feedback from CleverTap customers, signifying trust and loyalty with the brand.Anand Jain, Co-founder and Chief Product Officer, CleverTap said, “At CleverTap, our focus has always been on empowering brands to deliver personalized experiences that resonate deeply with their audiences. And we believe that being recognized as a Strong Performer in the Forrester Wave™ CCMH Hubs 2024 report not only validates our commitment but also strengthens our resolve to continue setting new standards in customer engagement and growth."The Forrester Wave™ Cross Channel Marketing Hubs, Q4 2024 report states that “CleverTap offers an all-in-one platform for midsize enterprises; larger enterprises should consider its verticalized solutions to complement their Cross-Channel Marketing Hub (CCMH) ecosystem.” Customers trust CleverTap; one noted how it understands their tech needs to integrate across marketing, CRM, and operations. The company’s vision for inconspicuous engagement, based on customer consent and anticipation – resonates well, as does its view that MarTech should be a living cartography or ecosystem rather than a fixed stack. Additionally, IntelliNODE stands out as an embedded AI copilot that creates a network of experiments and automatically determines winning engagement paths, balancing individual and broader segment optimization.For more insights, you can access your complimentary copy of the report here:https://clevertap.com/forrester-wave-cross-channel-marketing-hubs-q4-2024-report/ About CleverTapCleverTap is the leading all-in-one customer engagement platform that helps brands unlock limitless customer lifetime value. CleverTap is trusted by over 2000 brands like Decathlon, Domino’s, Levis, Jio, Emirates NBD, Puma, Croma (A Tata Enterprise), Swiggy, SonyLIV, Axis Bank, AirAsia, TD Bank, Ooredoo, and Tesco to help build personalized experiences for all their customers. The platform is powered by TesseractDB™ – the world’s first purpose-built database for customer engagement, offering speed and cost efficiency at scale.Backed by top-tier investors such as Accel, Peak XV Partners, Tiger Global, CDPQ and 360 One, the company is headquartered in San Francisco, with presence across Seattle, London, São Paulo, Bogota, Mexico, Amsterdam, Sofia, Dubai, Mumbai, Bangalore, Singapore, Vietnam, and Jakarta. For more information, visit clevertap.com or follow us on:LinkedIn: https://www.linkedin.com/company/clevertap/ X: https://twitter.com/CleverTap Forward-Looking StatementsSome of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.For more information:SONY SHETTYDirector, Communications, CleverTap+91 9820900036sony@clevertap.com ASHMIT CHAUDHARYAssociate Consultant, Archetype+91 8850752121ashmit.chaudhary@archetype.co Copyright 2024 JCN Newswire via SeaPRwire.com.
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Fujitsu and SAP Fioneer enter partnership to accelerate digital transformation in the insurance industry and deliver services that contribute to customers’ sustainable business JCN Newswire

Fujitsu and SAP Fioneer enter partnership to accelerate digital transformation in the insurance industry and deliver services that contribute to customers’ sustainable business

Kawasaki, Japan and Walldorf, German, Nov 18, 2024 - (JCN Newswire via SeaPRwire.com) - Fujitsu and SAP Fioneer have signed a partnership master agreement to accelerate the digital transformation of Japan’s insurance industry. Under the agreement, Fujitsu and SAP Fioneer will collaborate on product planning, development, and marketing, including the development of the Japan Edition of SAP Fioneer Cloud for Insurance (1), an end-to-end cloud-based platform that packages core insurance services and combines localized business content with global industry best practice.The insurance industry is undergoing a profound transformation driven by technological advancements, including the rise of the digital native generation and the emergence of FinTech companies, but also societal challenges including declining birth rates and an aging population. These dynamics are not only reshaping customer expectations but also intensifying the competitive landscape – both on a global scale and in Japan. To ensure that they are positioned for sustainable success in a rapidly evolving market, insurers need to address critical challenges such as outdated and opaque legacy systems and a shortage of skilled IT professionals, and accelerate digital transformation to enhance compliance and operational efficiency.With the Japan Edition of SAP Fioneer Cloud for Insurance that Fujitsu plans to provide, customers will be able to quickly standardize core insurance operations and systems such as product management, quotation and underwriting management, policy management and claim management. They will also gain a competitive advantage by strategically allocating resources, such as personnel and investments, to high value-added areas such as new product development and sales channel expansion, while ensuring robust IT capabilities and continuous quality improvements.In addition, by developing this edition as the de facto standard for business collaboration in the insurance industry in Japan, Fujitsu and SAP Fioneer aim to drive innovation in products, channels and processes, as well as strengthen governance across the sector.Based on this partnership agreement, Fujitsu will conduct proof-of-concept projects with customers to validate the feasibility of the Japan Edition of SAP Fioneer Cloud for Insurance and aims to start offering the service by the end of March 2026.Masaru Yagi, Corporate Executive Officer, EVP, Vice Head of Global Customer Success, Fujitsu Limited, comments:“We are excited to start a partnership with SAP Fioneer. The collaboration marks a pivotal moment in our efforts to drive digital transformation (DX) for our financial customers. By merging SAP Fioneer's cutting-edge financial services solutions with Fujitsu's unparalleled expertise and quality in system development for the financial sector, we are poised to deliver groundbreaking and efficient solutions like never before. Through this partnership, we will closely collaborate with SAP Fioneer from product planning to development and marketing, and advance DX in the financial industry.”Chirag Shah, Managing Director Insurance, SAP Fioneer comments:“Japan's insurance market requires solutions that address its unique local regulatory and functional requirements. In response to the industry's demand for an adaptable packaged software suited to the Japanese insurance sector, we are partnering with Fujitsu to develop the Japan Edition of SAP Fioneer Cloud for Insurance, our core insurance platform, which combines localized business content with global industry best practices.”(1) Cloud for Insurance: SAP Fioneer solution that covers end-to-end core insurance business processes, including product management, quoting and underwriting, contract management, insurance payments, and claims collection. It is built on SAP Fioneer’s proven and performant technology and is trusted by major insurers around the world.About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.About SAP FioneerSAP Fioneer was launched in 2021 as a joint venture between global technology leader SAP and entrepreneurial investor Dediq to become the world’s leading provider of financial services software solutions and platforms.With a broad ecosystem of partners, over 800 financial services customers and more than 1,300 employees, SAP Fioneer is a global business present in 17 countries across Europe, North and Latin America, Middle East and Asia-Pacific.Press Contacts:Fujitsu LimitedPublic and Investor Relations DivisionInquiriesSAP FioneerContact, press only:E-mail: press@sapfioneer.com Copyright 2024 JCN Newswire via SeaPRwire.com.
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Mitsubishi Shipbuilding Holds Christening and Launch Ceremony of LNG-Powered Roll-on/Roll-off Ship TRANS HARMONY EMERALD in Shimonoseki JCN Newswire

Mitsubishi Shipbuilding Holds Christening and Launch Ceremony of LNG-Powered Roll-on/Roll-off Ship TRANS HARMONY EMERALD in Shimonoseki

TOKYO, Nov 15, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company, today held a christening and launch ceremony for the TRANS HARMONY EMERALD, the second of two LNG-powered roll-on/roll-off (RO/RO) ships(Note) under construction for Toyofuji Shipping Co., Ltd. The ceremony took place at the Enoura Plant of MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture. The ship's handover is scheduled for June 2025 following completion of outfitting work and sea trials. The TRANS HARMONY EMERALD will serve as a RO/RO vessel on shipping routes in Asia.Christening and Launch Ceremony of TRANS HARMONY EMERALDThe TRANS HARMONY EMERALD is approximately 195 meters in overall length, approximately 30.6 meters in breadth, and has gross tonnage of approximately 49,500. It can simultaneously transport about 3,000 passenger cars. The ship's main engine and main generator engine are high-performance dual-fuel engines each accommodating LNG or diesel fuel. Together these engines enable a greater than 25% reduction in CO2 emissions compared to ships with the same hull and powered by fuel oil, cutting SOx (sulfur oxides) emissions to near zero, thereby helping to reduce the vessel's environmental footprint.The christening and launch ceremony of the first vessel, "TRANS HARMONY GREEN," for Toyofuji Shipping, has already been held this June, and its handover is scheduled for late January 2025.Mitsubishi Shipbuilding, as part of MHI Group's strategic initiatives for energy transition, today contributes toward realizing a carbon-neutral world by building LNG-powered ships enabling the maritime industry to achieve a low-carbon footprint. Going forward, as a maritime system integrator the Company will continue to work with its business partners to solve diverse issues through construction of ferries and RO/RO ships that will contribute to stable operations at sea while also providing outstanding energy and environmental performance.RO/RO ships are equipped with a ferry-type ramp enabling direct vehicle access, including cargo-loaded trucks and trailers.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.
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