Category: JCN Newswire

TOKYO, Apr 1, 2025 – (JCN Newswire via SeaPRwire.com) – Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced the launch of Miland, a virtual car lifestyle app that connects users and their friends, in the Japanese market(1) today. The app was developed in collaboration with JP UNIVERSE Inc.(2)In its mid-term business plan “Challenge 2025,” Mitsubishi Motors has set creating seamless and efficient touchpoints with customers through digital transformation (DX) as a key strategy. The plan particularly focuses on Generation Z, who are digital natives and will become the core automotive purchasing and user group in 10 years, as well as business transformation and the creation of new businesses using digital technologies. To achieve this, open innovation, or co-creation, is positioned as a key measure, involving the development of new services through collaboration with a diverse range of people and technologies both inside and outside the company.The name of the service, Miland, is derived from t…

TOKYO, Apr 1, 2025 – (JCN Newswire via SeaPRwire.com) –  Mitsubishi Corporation (MC), Mitsubishi Corporation Urban Development Co., Ltd. (MCUD), and iPark Institute Co., Ltd. (iPi) are pleased to announce our joint development of a new, rental-lab-type R&D facility in Kobe Biomedical Innovation Cluster (KBIC). The facility, which has been tentatively named “iPark Kobe,” will augment progress being made in KBIC to establish a community based on institutions dedicated to research and development. MCUD signed an agreement today with Kobe’s municipal authorities to purchase land for the facility’s construction on Kobe Port Island, which is owned by Kobe City.Growth in semiconductors, medical treatment and other cutting-edge industries has accelerated in recent years, which has given rise to the formation of unique industrial zones due to the large number of R&D interests and related businesses. As a consequence, facilities engaged in research and development are rapidly becoming the epicenters of new comm…

TOKYO, Apr 1, 2025 – (JCN Newswire via SeaPRwire.com) – Eisai Co., Ltd. announced today that it has entered into an agreement to divest the rights for proton pump inhibitor Pariet® (generic name: rabeprazole sodium) in China to Beijing Peak Biology Pharmaceuticals Co., Ltd., a CBC Group-controlled company. Peak Pharma has commenced marketing activities, while Eisai will manage the transfer of manufacturing and marketing authorizations during atransition period.Under the terms of the agreement, Eisai will receive RMB725 million (approximately 15.7 billion JPY1) as contractual upfront payments, as well as the rights to receive a sales milestone payment. The upfront payments have already been recorded in the third quarter of Eisai’s fiscal year ending March 31, 2025.Eisai expects no changes to its consolidated financial forecast for the fiscal year ending March 31, 2025.Pariet is a proton pump inhibitor (PPI) discovered and developed by Eisai, approved in more than 100 countries and regions worldwide. Pariet was…

HONG KONG, Mar 28, 2025 – (ACN Newswire via SeaPRwire.com) – Everbright Grand China Assets Limited, a property leasing, property management and sales of properties held for sale company under China Everbright Group (“Everbright Grand China Assets” or the “Group”, Hong Kong Stock Exchange stock code: 3699) today announced the annual results for the year ended 31 December 2024 (the “Year under Review”).During the Year under Review, the Group’s revenue was approximately RMB45.9 million (2023: approximately RMB46.8 million), representing a decrease of approximately 1.9% as compared to last year, mainly due to the decline in rental income. The profit attributable to equity shareholders of the Company amounted to approximately RMB25.3 million (2023: approximately RMB19.3 million), representing an increase of approximately 31.1% as compared to last year. The increase in profit was mainly due to foreign exchange (primarily including bank deposits denominated in currencies other than RMB) gains during the year. The ba…

Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd (MHIEC), a part of Mitsubishi Heavy Industries (MHI) Group, has received an order from the Nanbu Wide-area Administration in Okinawa Prefecture for a full refurbishment of its Itotoyo Environmental Improvement Center (Tsukazato, Itoman City). The order calls for renovation of the facility’s stoker type incinerator, capable of processing 200 tonnes per day (tpd) (Note1), to extend the plant’s service life, enhance its energy efficiency, and reduce CO2 emissions. The contract is valued at 1.506 billion yen (tax excluded), with completion scheduled for March 2026.The Itotoyo Environmental Improvement Center was originally designed and constructed by MHI. On completion in March 1998, the facility incorporated two stoker type incinerators, each providing a processing capacity of 100 tpd, plus related equipment.The purpose of this project is to upgrade the main equipment of the aging water supply equipment, electrical instruments, and exh…

TOKYO, Apr 1, 2025 – (JCN Newswire via SeaPRwire.com) – Mitsubishi Heavy Industries, Ltd. (MHI) has concluded a Mizuho Eco Finance(1) commitment line agreement(2) with Mizuho Bank, Ltd. (Mizuho Bank).Mizuho Eco Finance is a program from Mizuho Bank that uses an environmental assessment model developed by Mizuho Research & Technologies Co., Ltd., which incorporates globally trusted environmental certifications and evaluations to score the initiatives and indices of customers, and provide financing to those customers who meet a certain score or higher.For this agreement, MHI Group was assessed as meeting a high standard for the indicators used in the evaluation model, including its endorsement of the Task Force on Climate-related Financial Disclosures (TCFD)(3) in March 2019, the MISSION NET ZERO declaration aimed at achieving carbon neutrality by 2040, and appropriate disclosure of greenhouse gas emissions throughout the supply chain.The MHI Group aims to contribute to the sustainable enhancement of corpor…

TOKYO, Apr 1, 2025 – (JCN Newswire via SeaPRwire.com) – Mitsubishi Heavy Industries, Ltd. (MHI) has concluded a Nissay Positive Impact Finance (Note1) agreement with Nippon Life Insurance Company (Nippon Life) (contract amount: JPY 2.0 billion). This is the second Positive Impact Finance Agreement between MHI and Nippon Life.MHI Group, in response to the growing need to address the global challenge of climate change, in 2020, identified five material issues, including “Provide energy solutions to enable a carbon neutral world,” and “Transform society through AI and digitalization,” as priority measures to contribute to solving societal issues and ensuring continued growth over the medium to long term. These issues are reflected in the medium-term business plan, and the MHI Group has identified decarbonization on the energy supply side and the realization of decarbonization, fully automated and labor-saving on the energy demand side as growth areas, and is working toward commercialization. By promoting decarbo…

HONG KONG, Apr 1, 2025 – Gome Retail Holdings Limited (Stock code: 493.HK, “Gome Retail” or the “Company”), together with its subsidiaries, “the Group”) announced its audited annual results during the twelve months ended December 31, 2024 (the “reporting period”).Focusing on the main industry to consolidate the border, take multiple measures to actively resolve the debt problemIn 2024, domestic economic recovery is weak, with asevere and complex external international environment compounded by domestic economic and policy cycle factors. Domestic demand remained sluggish, directly impacting the industry to which our group belongs, which continued to experience a downturn. In 2024, the Group recorded sales revenue of approximately RMB 474 million; and loss attributable to owners of the parent of approximately RMB11,629 million.In 2024, Gome Retail continued to promote strategic transformation and upgrading and actively explored new businesses. However, in the fourth quarter of 2024, the government introduced se…

TOKYO, Mar 31, 2025 – (JCN Newswire via SeaPRwire.com) – NTT Corporation, Biome Inc., NTT Com, NTT COMWARE, NTT DATA and NTT DOCOMO announced today that they have jointly begun developing technology enabling the large-scale estimation*1 of vegetation*2 and biological organisms through remote sensing*3. By combining NTT Group’s assets, including satellite image data analysis technology,*4 with Biome’s real-time “BiomeDB” database of organisms, one of the largest in Japan with over 8.5 million entries, they aim to establish comprehensive and continuous methods for collecting and analyzing data related to vegetation and organisms. This initiative will support biodiversity monitoring and contribute to achieving a nature-positive*5 society.1. BackgroundOf the total value added*6 within the global economy, some USD 44 trillion (almost half of global GDP), depends on natural capital*7 such as forests and soil. However, the degradation of biodiversity, which supports this natural capital, is progressing at an unprece…

TOKYO, Mar 31, 2025 – (JCN Newswire via SeaPRwire.com) – The TANAKA Memorial Foundation’s Representative Director, Hideya Okamoto, announced the recipients of the FY2024 Precious Metals Research Grants.Following a rigorous screening process, Ichiro Tanaka Awards, for 3 million yen each, were presented to Assistant Professor Akihiro Ishii of Tohoku University and Professor Yu Matsuda of Waseda University. In addition, three research projects received the Innovative Precious Metals Award, and six KIRAMEKI Awards were presented.The TANAKA Memorial Foundation undertakes programs designed to foster developments in new precious metal fields while contributing to the advancement of science, technology, and socio-economics for the overall enrichment of society. The research grant program was launched in FY1999 and has continued each year since with the goal of supporting the various challenges of the “new world opened up by precious metals. “Forging a better tomorrow with ‘Hirameki’ and ‘Kirameki’” was adopted as the…

TOKYO, Mar 31, 2025 – (JCN Newswire via SeaPRwire.com) – The TANAKA Memorial Foundation’s Representative Director, Hideya Okamoto, announced the recipients of the FY2024 Precious Metals Research Grants.Following a rigorous screening process, Ichiro Tanaka Awards, for 3 million yen each, were presented to Assistant Professor Akihiro Ishii of Tohoku University and Professor Yu Matsuda of Waseda University. In addition, three research projects received the Innovative Precious Metals Award, and six KIRAMEKI Awards were presented.The TANAKA Memorial Foundation undertakes programs designed to foster developments in new precious metal fields while contributing to the advancement of science, technology, and socio-economics for the overall enrichment of society. The research grant program was launched in FY1999 and has continued each year since with the goal of supporting the various challenges of the “new world opened up by precious metals. “Forging a better tomorrow with ‘Hirameki’ and ‘Kirameki’” was adopted as the…

TOKYO, Mar 31, 2025 – (JCN Newswire via SeaPRwire.com) – Faster and highly accurate AI models will be available and accessible to students through a strategic partnership between global digital transformation leader, Fujitsu, and Macquarie University.The collaboration, formed through an established strategic partnership, will offer university-developed AI micro credentials via Macquarie University’s online learning platforms as well as popular platforms including LinkedIn Learning and Udemy, allowing students, researchers and industry professionals around the world access to Fujitsu’s proprietary AutoML technology while developing valuable knowledge and skills in automated machine learning.The new four-week online course, “Fujitsu AutoML: Mastering Automated Machine Learning” will open for registrations. The course is tailored to bridge the gap in AI education and will teach basic theory with practical exercises on topics including automated machine learning, models and algorithms using the Fujitsu AutoML too…

TOKYO, Mar 28, 2025 – (JCN Newswire via SeaPRwire.com) – Mitsubishi Corporation and ADM are pleased to announce that both companies have signed a non-binding memorandum of understanding to form a strategic alliance to explore potential areas of future collaboration across the agriculture value chain.In recent years, the importance of secure and resilient food and agriculture supply chains has come into sharper focus, driven both by short-term dislocations as well as structural demand shifts powered by global population growth, economic development, and increasing consumer preference for sustainably sourced products. It has thus become essential to adopt a comprehensive and cross-industrial approach, connecting multiple businesses in different segments to address these challenges.Building on their long relationship, MC and ADM now will explore potential new ways to bring their respective strengths together to meet these global challenges.MC offers a cross-industrial business platform spanning multiple industri…

– Expressing generational characteristics through taste and aroma to promote intergenerational communication -TOKYO, Mar 28, 2025 – (JCN Newswire via SeaPRwire.com) – NEC Corporation (NEC; TSE: 6701) and Kyodoshoji Corporation Limited (COEDO Brewery) have developed four craft beers under “The taste of life created by brewers and AI — Agentic AI × Craft Beer” name to promote intergenerational communication. NEC’s Agentic AI and brewers from COEDO Brewery collaborated to analyze the characteristics and standards of generations from their 20s to 50s, and expressed them in terms of taste and aroma. This is the second series of craft beers to be jointly developed by the two companies since 2020. COEDO Brewery will be selling the products at supermarkets in Japan and through the COEDO Brewery online store.In today’s business world, organizations must adapt to technological advances and rapid market changes by blending the ideas of multiple generations to speedily solve problems and make changes. In addition, as glo…

TOKYO, Mar 27, 2025 – (JCN Newswire via SeaPRwire.com) – Akasaka Heating&Cooling Supply Co.,Ltd (Headquarters: Minato-ku, Tokyo; Representative Director and President: Morimasa Takagi; hereinafter “Akanetsu”), Ltd. which operates and manages a district heating and cooling system for the stable supply of energy produced in an underground plant to buildings in the Akasaka 5-chome district of Minato-ku, Tokyo, including the TBS Broadcasting Center, hereby announces that it has installed facilities utilizing green hydrogen. This new development marks the first such initiative for a district heating and cooling company in central Tokyo. By harnessing green hydrogen to generate electricity with fuel cells, and by switching some fuels from city gas, Akanetsu aims to help reduce CO2 emissions in the process of producing cooling and heat. In this initiative, which is unique in Japan, installation of facilities is expected to be completed by October 2025, with green hydrogen transactions to begin in January 2026.1….

TOKYO, Mar 26, 2025 – (JCN Newswire via SeaPRwire.com) – Hitachi, Ltd. (TSE: 6501, “Hitachi”) and International Centre for Industrial Transformation Ltd. (“INCIT”) today announced that Hitachi will implement INCIT’s Smart Industry Readiness Index (SIRI) and XIRI-Analytics, an analytics platform, to accelerate the digital transformation (DX) of Hitachi’s global manufacturing operations.In the next Mid-Term Management Plan, Hitachi aims to realize a “True One Hitachi” with digital at its core and to further grow the Social Innovation Business. To achieve this sustainable growth, it is essential to leverage Hitachi’s strengths in IT, OT, and products, and to accelerate the creation of unique value globally. In this context, it is necessary for the business divisions that handle products to build a production system that carries out all stages from design to manufacturing at optimal locations in Japan and overseas. It is also important to combine global manufacturing know-how with digital technology. Hitachi has …

The partially upgraded Supra RZ Grade has gone on sale as of today, March 21. The lottery for the special-edition Supra “A90 Final Edition” has also begun today, with 150 units in Japan.The Supra RZ Grade has been partially upgraded to deliver a more integrated driving experience for unrestrained driving joy not only on city streets but also on winding roads and circuits. It features improved braking performance for safety and security, an increased-rigidity body, suspension, and chassis, optimized tuning, and enhanced aerodynamic performance.TGR has created the special-edition “A90 Final Edition” as the current Supra model’s culmination, with increased engine output and torque, to express gratitude to Supra fans around the world for their patronage. This special-edition Supra boasts numerous upgraded driving-related elements, such as strengthened brakes and body rigidity, and a KW suspension system, with such systems being a racing car favorite, and the use of high-grip tires. The result is an ultimate high-…

NEC Corporation (NEC; TSE: 6701) has started international sales of a 25G tunable SFP extended reach optical transceiver equipped with a tunable laser that improves transmission distance from the 15km of conventional products to 40km, one of the longest transmission distances in the industry. The transceiver also enables reductions in both installation and maintenance costs, which helps to meet the demand for expanding 5G mobile network and access network areas.The new product uses NEC’s original silicon photonics optical modulator to reduce the effects of wavelength dispersion, a characteristic of optical fiber that has limited the transmission distance of previous products. In addition, by adopting an electrical dispersion compensation (EDC) receiver circuit that compensates for waveform distortion, the transmission distance has been increased to 40km, 2.6 times that of the conventional product.Furthermore, by maintaining a power consumption of 2.5W, which is the same as that of the 15km product, it is poss…

TOKYO, Mar 26, 2025 – (JCN Newswire via SeaPRwire.com) – JFE Holdings, Inc. (JFE) and Mitsubishi Corporation (MC) are pleased to announce that we have signed a memorandum of understanding and begun studying the possibility of establishing a joint power and data center business in the Ohgishima area in Keihin District.In the Ohgishima area, JFE is promoting land use conversion to a field that challenges advanced initiatives to realize carbon neutrality and innovation, with the aim of realizing the land use concept set forth in OHGISHIMA2050. A base for receiving, storing and supplying liquefied hydrogen is planned to be established in this area by fiscal 2030, and JFE is studying green power generation using this hydrogen at its own power plant in this area.On the other hand, MC is engaged in the data center business, which is positioned as the “AI infrastructure ” that supports the digital society, both in Japan and overseas, and has diverse industrial knowledge, including in the power business.In recent year…