ANA InterContinental Tokyo unveils Icon Reborn transformation JCN Newswire

ANA InterContinental Tokyo unveils Icon Reborn transformation

TOKYO, Feb 13, 2025 - (JCN Newswire via SeaPRwire.com) - ANA InterContinental Tokyo unveils its transformational 15-month renovation. Redesigned for today’s modern luxury traveller, the hotel presents 801 revitalised rooms alongside new dining and social concepts. This marks the beginning of the next chapter in the property’s over 35-year legacy, further cementing InterContinental’s reputation as a leader of approachable luxury hospitality, ensuring that guests can continue to explore the world while feeling right at home.Club InterContinental Mizu SuiteCascade CafeANA InterContinental Tokyo’s redesigned rooms seamlessly harmonise Japanese craftsmanship with contemporary elegance, ensuring every guest experiences rest and relaxation. Motifs highlight the concept of 'origami' to embody the essence of 'unfolding Tokyo' as guests do when discovering their destination.Dining and social spaces have been designed to create environments where both guests and locals can satisfy their desire for knowledge and culturally rich experiences. The ambiance at the renowned MIXX Bar & Lounge is elevated for extraordinary celebrations, while the expanded Club InterContinental Lounge, now spanning two dedicated floors — provides an exclusive space to work, meet, or socialise, while overlooking Tokyo’s dynamic cityscape. The new Genever Lobby Bar, rejuvenated Cascade Cafe, and transformed Atrium Lounge each uniquely reflect Japan’s rich traditions and captivating culture.Michael Janssen, General Manager of ANA InterContinental Tokyo, commented: “This transformation marks an exciting new chapter for ANA InterContinental Tokyo, enhancing the guest experience with refined elegance. Every detail, from the exquisitely redesigned rooms to the dynamic dining and social venues, has been thoughtfully curated to captivate and inspire today’s modern luxury traveller. We remain committed to delivering an unparalleled five-star experience for the traveller of today and tomorrow, combining world-class service with timeless sophistication to create extraordinary moments that create lasting memories long cherished for many years after our guests have checked out.”The renovation of ANA InterContinental Tokyo brings to life the hallmarks of the InterContinental brand’s evolution, which is being rolled out globally. As the world’s first and largest luxury hotel brand, InterContinental has been pioneering travel experiences for over 75 years. This transformative, end-to-end brand evolution is reimagining the luxury travel experience for today’s modern luxury traveller, rooted in the brand’s core belief that travel has the power to expand minds and connect cultures.A New Standard of Hospitality and DesignSituated in the heart of Tokyo, ANA InterContinental Tokyo embodies the city’s vibrant energy through thoughtfully designed elements that celebrate Japanese heritage. Redesigned guest rooms feature geometric patterns inspired by origami, complemented by custom carpeting that pays homage to cherry blossoms, set against a backdrop of traditional hues such as Sakura pink and pale indigo (kamenozoki).The redesigned rooms also introduce two exclusive suite categories — Mizu and Sora Suites — which offer an elevated Japanese aesthetic with contemporary comforts. This variety, attention to detail, and thoughtful design ensure that each stay provides an authentic yet modern interpretation of Japan’s rich cultural tapestryElevating the Club InterContinental ExperienceThe Club InterContinental Lounge has been expanded across the 35th and 36th floors. Inspired by the tranquillity of a Japanese garden, the newly introduced 36th floor harmoniously blends traditional tea ceremony elements with modern sophistication high above the city.Guests staying in Club InterContinental Rooms and Suites can enjoy exclusive privileges, including personalised service, a bespoke breakfast, all-day refreshments, curated cultural activities, and thoughtfully designed menus for little ones.Reimagined Culinary and Social ExperiencesThe hotel’s extensive renovation goes beyond accommodations, redefining its dining and gathering spaces to offer an unparalleled culinary journey in the heart of Tokyo.Cascade Cafe has been reimagined with an open and immersive design, inviting guests on a global culinary journey featuring dishes from over 10 countries. Enhanced by interactive cooking stations, the buffet concept offers an engaging experience where guests can witness authentic culinary techniques first-hand.Atrium Lounge unveils a sophisticated new design alongside the innovative ‘Marketplace’ concept, seamlessly blending convenience with luxury. Mobile ordering enhances the dining experience, while the ever-popular seasonal Afternoon Tea remains a highlight for both locals and international visitors.Genever Lobby Bar the hotel’s latest addition offers a cosy yet refined setting where tradition meets innovation. Signature gin-based cocktails include the exclusive Last Elysium, a sustainable in-house creation made from sake kasu and orange peels reflecting a commitment to sustainability and exceptional quality.MIXX Bar & Lounge perched on the 36th floor, has been revitalised to enhance its panoramic skyline views, offering an elevated dining and social experience in an ambience that effortlessly blends luxury with contemporary vibrancy.Together, these enhancements reaffirm ANA InterContinental Tokyo’s position as a leading luxury destination for refined stays, business gatherings, and social celebrations. With an unwavering commitment to hospitality excellence, cultural authenticity, and contemporary innovation, ANA InterContinental Tokyo continues to set new benchmarks in one of the world’s most dynamic cities.InterContinental Hotels & Resorts is one of six brands within IHG’s rapidly expanding Luxury & Lifestyle portfolio — now the second largest in the world. Today, the brand boasts a portfolio of 226 InterContinental Hotels & Resorts across 68 countries, with an additional 97 properties in the pipeline. With unique perspectives shaped by unrivalled destination expertise, InterContinental opens doors to a world of fascination.Image LibraryPictures for downloadMedia ContactFor further information, please contact: T: +81-3-3505-1698Masako Shibata (Ms), Director of Marketing & Communications: masako.shibata@ihg.comSayaka Yamashita (Ms), Public Relations Supervisor: sayaka.yamashita@ihg.com About ANA InterContinental TokyoANA InterContinental Tokyo redefines luxury with its extensive 2024 renovation, unveiling 801 newly redesigned guest rooms that blend Japanese-inspired origami aesthetics with contemporary design.With 13 restaurants and bars and 22 event spaces, the hotel’s dining and social experiences have been elevated to new heights, enhancing Tokyo’s dynamic culinary scene. Highlights include Cascade Cafe, MIXX Bar & Lounge, and the Atrium Lounge, now home to the newly introduced Genever Lobby Bar.Guests can also enjoy the city’s largest Club InterContinental, spanning the 35th and newly added 36th floor. Conveniently located near vibrant districts such as Ginza and Roppongi, ANA InterContinental Tokyo seamlessly combines elegance, convenience, and authentic Japanese hospitality.For more information, please visit https://anaintercontinental-tokyo.jp/en/ and connect with us on Instagram.About InterContinental Hotels & ResortsInterContinental Hotels & Resorts is the world’s first and largest luxury hotel brand, with over 225 hotels across 68 countries, representing more than 73,500 bedrooms worldwide. Founded in 1946 by Pan American Airways' founder, Juan Trippe, InterContinental is guided by the belief in the power of travel to expand the mind and connect cultures.Opening doors to a ‘world of fascination’, InterContinental is reimagining the luxury travel experience with the modern luxury traveller at its heart. Striking a harmonious balance between freedom and familiarity, the brand is dedicated to fulfilling guests’ desire for knowledge and culturally rich experiences, building on its legacy as a beacon of approachable luxury travel.For more information and to book, visit intercontinental.com, and connect with us on Facebook and Instagram. Copyright 2025 JCN Newswire via SeaPRwire.com.
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MHI Thermal Systems Receives Top Honors on Australia’s Foremost Consumer Review Platform for Two Series of Split System Air-Conditioners JCN Newswire

MHI Thermal Systems Receives Top Honors on Australia’s Foremost Consumer Review Platform for Two Series of Split System Air-Conditioners

TOKYO, Feb 13, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries Thermal Systems, Ltd. (MHI Thermal Systems), a part of Mitsubishi Heavy Industries (MHI) Group, has received top honors in the split system air-conditioner(Note) category of Australia's ProductReview Awards 2025 for its Avanti® and Bronte® series of residential air-conditioners marketed locally by Mitsubishi Heavy Industries Air-Conditioners Australia, Pty. Ltd. (MHIAA). The awards are determined based on consumer product reviews on the "ProductReview.com.au" website. This is the fifth consecutive year that the Bronte® Series has been recognized in this category, and the fourth time for the Avanti® Series.The annual ProductReview Awards are given based on brand ratings and overall evaluations factoring in consumer reviews, the total number of reviews during the previous 12 months, and retail availability during the same period. For each category, ProductReview performs qualitative analyses and metric comparisons to gauge the sentiment score for determining a winner. The Bronte® Series scored top in the split system air-conditioner category with 1,159 reviews and a 4.7-star rating. The Avanti® Series also achieved a 4.7-star rating, along with a second-place 977 reviews. These ratings reflect Australian consumers' solid trust placed in the two series in recognition of their outstanding performance and operating ease."ProductReview.com.au" is one of Australia's foremost platforms where consumers rate products and services. Since its launch in May 2003, the website has posted more than 3.7 million consumer reviews. The site is accessed by near 4.5 million visitors per month, making it a major source of information on products and brands for local consumers.Akihiro Nakajima, Managing Director of MHIAA, offered the following comment on receipt of this year's prestigious awards: "At Mitsubishi Heavy Industries Air-Conditioners Australia, we strive to deliver products that combine cutting-edge technology with unmatched reliability and comfort for our customers. Winning the ProductReview Awards for the fifth consecutive year reaffirms our dedication to excellence and innovation. We are deeply grateful to our customers for their trust and positive feedback, which inspire us to continue exceeding expectations."Spurred by this year's awards, going forward MHI Thermal Systems will continue to develop new technologies and provide air-conditioning solutions meeting the diverse needs of all consumers.Split system air-conditioners are residential air-conditioners comprised of two separate units: indoor and outdoor. They offer greater heating and cooling efficiency than single-unit type air-conditioners.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2025 JCN Newswire via SeaPRwire.com.
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Honda Presents World Premiere of Seven Refreshed Large-size Outboard Motors at the Miami International Boat Show 2025 JCN Newswire

Honda Presents World Premiere of Seven Refreshed Large-size Outboard Motors at the Miami International Boat Show 2025

TOKYO, Feb 13, 2025 - (JCN Newswire via SeaPRwire.com) - Honda today presented the world premiere of refreshed models of seven of its large-size outboard motors, BF250, BF225, BF200, BF150, BF140, BF135 and BF115, at the Miami International Boat Show 2025, now underway (Feb. 12-16, 2025) in Miami, Florida, U.S.A. These new models are scheduled to go on sale sequentially in Japan, North America, Europe, and Asia regions starting from mid-2025.All seven models unveiled today feature a completely new styling design from the current models. The new designs express a sense of luxury and high quality by reflecting the “Noble Motion Form” design concept of the BF350, the flagship model of Honda marine outboards that went on sale in February 2024.In terms of functionality, these refreshed models are equipped with enhanced support features for boat operation, including the addition of the all-new flash mount electronic remote-control system (DBW) and the 7-inch large-size multifunction display. The ergonomic design of the remote grip and the large display enable more intuitive operation. In addition to the cruise control function and the “trim support function,” which automatically controls the outboard based on the engine rpm and boat speed to maintain a pre-set trim angle (boat attitude), these refreshed models also feature the “automatic tilt function,” which fully tilts the outboard motor up/down automatically*1. This enables the customer to enjoy a boating experience as smooth and comfortable at that realized by the BF350.Moreover, the all-new BF250, BF225 and BF200 adopt an oxygen sensor to realize more precise control of the air-fuel ratio, which further improves fuel economy and environmental performance compared to the respective existing models, which were already at a top in class level*2. Furthermore, the workability during maintenance is enhanced by adding a mechanism that prevents oil from leaking into the engine cover when changing the oil filter.As for the exterior color, in addition to Aquamarine Silver Metallic, the symbolic color of Honda outboard motors, Grand Prix White is now available for each of these models, providing a new customer option.The Miami International Boat Show 2025 official website: https://www.miamiboatshow.com/(1) Operation to lift the outboard motor from the water surface or tilt it to the angle at which the boat can be operated.(2) Honda internal research as of February 2025. Copyright 2025 JCN Newswire via SeaPRwire.com.
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Mitsubishi Power Secures Major Gas Turbine and Services Order for Al Wahda Open Cycle Gas Turbine Power Plant in Morocco JCN Newswire

Mitsubishi Power Secures Major Gas Turbine and Services Order for Al Wahda Open Cycle Gas Turbine Power Plant in Morocco

RABAT, Kingdom of Morocco, Feb 12, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), announced today that it has won a major order in Morocco to supply two M701JAC gas turbines and auxiliary equipment for the Al Wahda Open Cycle Gas Turbine Power Plant owned and operated by The National Office of Electricity and Drinking Water (ONEE).The Al Wahda Power Plant, located near Al Wahda Dam in the Province of Ouazzane in the north of Morocco, will play a crucial role in stabilizing the Moroccan national grid. This peaker power plant will integrate with the country's growing renewable energy resources, providing rapid response to grid fluctuations and ensuring continuous, reliable power supply. Once operational, the plant's two gas turbines will generate a combined 990 MW, representing nearly 7% of Morocco's national grid capacity.The agreement was signed in Rabat at ONEE's Headquarters, in the presence of ONEE CEO Mr. Tarik Hamane and a senior delegation from Mitsubishi Power attended by Mitsubishi Power EMEA President and CEO Javier Cavada and MENA President Khalid Salem alongside a senior delegation from the project's consortium partner, China Energy Engineering Corporation Limited (CEEC).Mitsubishi Power's state-of-the-art M701JAC gas turbines, which are capable of co-firing hydrogen with natural gas, with industry-leading reliability and high efficiency rate, will support Morocco's long-term sustainability objectives by offering flexibility for future decarbonization.In addition, the Al Wahda Power Plant will play a pivotal role in stabilizing Morocco's national grid as the country continues to increase its share of renewable energy year by year. The plant is designed to operate with maximum availability, providing continuous power output to meet the country's growing energy demands and contributing to goal of reaching more than 52% renewable energy in the electricity mix by 2030. Mitsubishi Power's advanced gas turbines, which can handle rapid load variations and frequent start-ups and shutdowns, will ensure grid reliability without compromising the integrity of the equipment. This capability is vital as Morocco eyes additional integration for more intermittent renewable energy sources into its energy mix, further supporting the country's long-term energy strategy and sustainability goals.The Al Wahda Power Plant is expected to begin operation in 2027.In addition, Mitsubishi Power signed a long-term service agreement with ONEE for the provision of parts, repairs and services, to ensure high availability and sustained reliability of the equipment.Mr. Tarik Hamane, Chairman of The National Office of Electricity and Drinking Water (ONEE), said: "The Al Wahda Power Plant is a vital step in our energy strategy and through our partnership with Mitsubishi Power, we are pleased to harness the efficiencies and benefits of the company's gas turbine technology to drive operational excellence and sustainability. We are happy to partner with Mitsubishi Power on this project, as their cutting-edge technology will ensure that we meet our growing energy demands while integrating more renewable energy into the grid."Mr. Lyu Zexiang, President of China Energy International Group Corporation Limited (CEIG), a subsidiary of China Energy Engineering Corporation Limited (CEEC), commented: "We are excited to partner with Mitsubishi Power for the Al Wahda Power Plant, a landmark project. By utilizing cutting-edge technology, we are confident that the plant will deliver reliable and efficient power, establishing new benchmarks in both operational excellence and sustainability. Together, we are committed to delivering a power plant that will serve as a cornerstone for Morocco's energy future, ensuring stable and reliable electricity for years to come."Javier Cavada, President and CEO, Europe, Middle East and Africa at Mitsubishi Power, commented: "We are proud to partner with The National Office of Electricity and Drinking Water (ONEE) and CEEC on this milestone project that underscores our commitment to advancing the Kingdom of Morocco's energy infrastructure. As the country continues its bold journey towards increasing the share of renewable energy in its grid, the Al Wahda Power Plant will serve as a cornerstone in ensuring grid stability and reliable power generation. Our state-of-the-art M701JAC gas turbines, renowned for their efficiency and durability, will deliver continuous, dependable power even under the most demanding conditions, adapting seamlessly to the dynamic needs of the grid. This collaboration not only reinforces our dedication to delivering cutting-edge, hydrogen-ready solutions but also marks a significant step forward in supporting Morocco's broader vision for a sustainable, resilient energy future. We are excited to continue accelerating our ability to deliver clean, reliable and efficient power generation solutions that support our customers in powering the lives of communities in Morocco and across the region."The Al Wahda Power Project marks a significant milestone in Morocco's energy journey and reinforces Mitsubishi Power's dedication to advancing clean, efficient power generation across the MENA region. Copyright 2025 JCN Newswire via SeaPRwire.com.
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Fujitsu to offer Fujitsu Cloud Service Generative AI Platform for secure and flexible enterprise data management JCN Newswire

Fujitsu to offer Fujitsu Cloud Service Generative AI Platform for secure and flexible enterprise data management

TOKYO, Feb 13, 2025 - (JCN Newswire via SeaPRwire.com) - Fujitsu today announced the launch of the Fujitsu Cloud Service Generative AI Platform. The new service, which combines data confidentiality with the ease of use of the cloud, will be made available in Japan during fiscal year 2025, with a global rollout planned for the future. Fujitsu will begin accepting applications for a trial of this service in Japan starting February 13, 2025.Generative AI offers significant productivity gains across various business functions from brainstorming and meeting minute generation to automated code creation. However, its adoption in sectors handling sensitive data has been limited due to concerns about data leakage, unintended AI learning, and compliance with internal regulations. Fujitsu's new platform directly addresses these challenges.To ensure data security and compliance, the service combines Fsas Technologies Inc.'s Private AI Platform on PRIMERGY, Supermicro’s GPU servers, and Fujitsu’s Takane large language model (LLM) which is the core technology of the Fujitsu Kozuchi AI service and renowned for its world-leading Japanese language capabilities, as well as generative AI security enhancement technologies to offer an on-demand cloud-based generative AI solution through Fujitsu’s data centers. This architecture manages client data in a private area on the cloud in Fujitsu’s data center, allowing for the secure processing of confidential information.In addition to Takane, Fujitsu plans to gradually increase the number of available LLMs from other companies to meet customer needs.Fujitsu will add the new service to its Fujitsu Computing as a Service (1) portfolio. Fujitsu will provide comprehensive support, from initial implementation to ongoing optimization, enabling businesses to maximize the efficiency and productivity gains of generative AI and drive significant business transformation.Key features1. Sensitive data management for privatelyFine-tuning data, fine-tuned LLMs, and data used for RAG (2) are stored in dedicated private cloud areas for each client. This approach safeguards sensitive information, preventing unintended data usage and ensuring compliance with internal regulations and economic security concerns.2. Cost-effective shared GPU resourcesThis service reduces the cost per hour of use by providing a shared GPU server for inference and training while securing data in a private area. This standardized and shared infrastructure significantly reduces initial deployment costs compared to building a dedicated generative AI environment.For on-premise solutions, Fsas Technologies Inc.'s Private AI Platform on PRIMERGY and Supermicro GPU servers, along with system integration and operational support.3. Secure on-demand access to generative AI through Fujitsu’ s generative AI security enhancement technology and cloud security measuresThe adoption of Fujitsu’s generative AI security enhancement technology allows users to safely and securely use this service. For example, it prevents users from unintentionally accessing unauthorized information via the LLM.Furthermore, leveraging Fujitsu's extensive experience in enterprise cloud security and operations, Fujitsu conducts vulnerability assessments and third-party audits. By providing the service from Fujitsu's JDCC Tier 4 equivalent (3)data center, Fujitsu offers a high-security and convenient solution.(1) Fujitsu Computing as a Service :Suite of easily accessible advanced computing and software technologies.(2) RAG :Retrieval Augmented Generation, a mechanism that allows LLMs to access and utilize knowledge outside of their training data.(3) JDCC Tier 4 equivalent :Meets the highest level of the Japan Data Center Association's standards for data center robustness, availability, and security.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 2025 JCN Newswire via SeaPRwire.com.
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ULVAC Develops Roll-to-Roll Lithium Deposition System, Unveiling at Battery Japan JCN Newswire

ULVAC Develops Roll-to-Roll Lithium Deposition System, Unveiling at Battery Japan

Chigasaki, Japan, Feb 13, 2025 - (JCN Newswire via SeaPRwire.com) - ULVAC, Inc. (HQ: Chigasaki, Kanagawa) is pleased to announce the EWK-030, a state-of-the-art roll-to-roll deposition system designed for lithium coating applications, scheduled for launch in May 2025. Ahead of its release, ULVAC will showcase a panel display highlighting the features and applications of this innovative system at Battery Japan (Int'l Rechargeable Battery Expo)1, to be held from February 19 to 21, 2025.In recent years, next-generation batteries have been widely developed to support the global adoption of electric vehicles (EVs). In 2022, ULVAC was selected for the Green Innovation Fund Projects / Next-Generation Storage Battery and Motor Development (JPNP21026) by NEDO (New Energy and Industrial Technology Development Organization) for the development of Lithium Metal Anode Production Technology.2 This product is one of the outcomes of that project and is expected to be utilized in a wide range of fields, including the development and production of next-generation batteries globally.The EWK-030 uses the thin-film deposition technology developed by ULVAC over many years for packaging and capacitor films to deposit lithium film onto metal foils in a vacuum environment. Thin-film lithium formed by deposition is processed under vacuum conditions, minimizing impurities and oxidation, resulting in a superior film surface compared to lithium foils formed by conventional roll press (rolling) technology in atmospheric conditions. The EWK-030 is also designed to maximize the efficiency of lithium material usage, offering cost and environmental advantages over standard deposition equipment.ULVAC will focus on technological development as a 'Field of Potentiality' for the future3, contributing to the evolution of various applications, including next-generation batteries such as solid-state batteries.1 Battery Japan Exhibition Information2 Selected for the NEDO G.I. Fund Project "Development of Next-generation Storage Batteries and Next-generation Motors".NEDO Green Innovation Project Information (Japanese)3 ULVAC formulated its Vision 2032, envisaging an ideal configuration of the ULVAC Group in 2032 while continuing to be a 'Field of Potentiality' for the future. This concept is inspired by the physical potentiality that occurs in a vacuum field: changes in energy and matter. It is also the potentiality of change in the individual, which can lead to the potential to change in the spirit animating society. The ULVAC Group is committed to advancing core vacuum and peripheral technologies and understanding the needs of its customers while addressing social challenges and continuously creating valuable products and technologies.About ULVACULVAC, Inc. has been a comprehensive vacuum equipment manufacturer, providing manufacturing equipment, components, analytical instruments, materials, and services based on its core technology: vacuum technology. Working with customers across a wide range of industries, including semiconductors, electronic components, displays, automotive, and pharmaceuticals, ULVAC is committed to driving cutting-edge innovation and creating new value. For more information, visit: https://www.ulvac.co.jp/en/For more information: Management Planning DepartmentTEL +81-467-89-2023/Inquiry Form https://www.ulvac.co.jp/en/contact/general.html Copyright 2025 JCN Newswire via SeaPRwire.com.
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MHI Delivers Final 7000-Series AGT Trainset for the Astram Line JCN Newswire

MHI Delivers Final 7000-Series AGT Trainset for the Astram Line

TOKYO, Feb 12, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) has completed delivery of the 24th and final trainset of the 7000-Series Automated Guideway Transit (AGT)(Note1) system to Hiroshima Rapid Transit Co., Ltd. The 24th trainset has started commercial operation on the company's Astram Line since February 4, playing a key role in regional public transportation in Hiroshima, an international city of peace.The 7000-Series AGT systems for the Astram Line were ordered in 2020 as a successor to the rolling stock manufactured by other companies that have been in operation since the opening of the line in 1994.(Note2) MHI has now delivered a total of 24 trainsets (144 cars). With this final delivery, all vehicles operating on the line will be of MHI manufacture.The 7000-Series AGT has an aluminum structure that makes it lightweight, highly durable, and recyclable, and has been designed with free space and other features to enhance passenger convenience. The 7000-Series is the culmination of efforts among those involved in the project to support sustainable development in the region through "local production and operation," in which vehicles manufactured at MHI's Mihara Machinery Works in Hiroshima Prefecture are operated locally in the city of Hiroshima.Going forward, building on the completed delivery of the 7000-Series AGT systems, MHI Group will continue to supply, both in Japan and overseas, AGT systems with excellent design, economic efficiency, and clean operation free of CO2 emissions, aiming to support economic development around the world, respond to and provide solutions for regional issues such as improvement of transportation convenience, and contribute to the realization of a carbon-neutral world. Further, MHI Group will continue to be a reliable partner providing outstanding solutions.1Automated Guideway Transit (AGT) is an electric power-driven, fully automated transportation system used around the world to move people between airport terminals and to nearby facilities. The rubber-tired carriages provide a smooth ride with low noise.2For more information on the 2020 follow-up order, see the following press release.https://www.mhi.com/news/200910.htmlAbout Hiroshima Rapid TransitHiroshima Rapid Transit is an AGT operating company established in 1987 with investment from the city of Hiroshima and other organizations. The Astram Line operated by the company connects Hondori Station in the center of Hiroshima to Koiki-koen-mae Station in Seifu Shinto, an urban hub northwest of the city. The system covers a total distance of 18.4 km, making it the longest AGT line in Japan. The chrome yellow color of the carriages signifies the attributes of "peace, generosity, and idealism," and is immediately recognizable to users as the public transportation system in Hiroshima, international city of peace.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2025 JCN Newswire via SeaPRwire.com.
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Fujitsu and Yokohama National University achieve world’s first real-time prediction of tornadoes associated with typhoons using supercomputer Fugaku JCN Newswire

Fujitsu and Yokohama National University achieve world’s first real-time prediction of tornadoes associated with typhoons using supercomputer Fugaku

Kawasaki and Yokohama, JAPAN, Feb 12, 2025 - (JCN Newswire via SeaPRwire.com) - Fujitsu Limited and Yokohama National University today announced the achievement of the world’s first real-time prediction of multiple typhoon-associated tornadoes using advanced supercomputing technology, significantly improving disaster preparedness.The new technology utilizes optimized large-scale parallel processing coupled with the enhanced Cloud Resolving Storm Simulator (CReSS), a weather simulator developed by Professor Kazuhisa Tsuboki on Fujitsu’s Fugaku supercomputer. This allows for a single, high-resolution simulations encompassing both large-scale typhoons and smaller-scale tornadoes, resulting in accurate, real-time predictions.Previously, during simulations of Typhoon No. 10’s tornadoes, which hit Japan’s Kyushu area in August 2024, it took more than 11 hours to predict whether or not tornadoes would occur, making the predictions not practicably applicable. This technology was able to drastically reduce prediction time to 80 minutes, allowing the two partners to predict the occurrence of a tornado four hours in advance. This prediction calculation used only 5% of Fugaku's computational resources, indicating the potential for even larger-scale and faster predictions in the future.The two partners will release the enhanced CReSS to the research community within fiscal year 2024, significantly improving the prediction of severe weather events and enhancing disaster mitigation efforts.BackgroundApproximately 20% of tornadoes in Japan occur alongside typhoons. In response to increasing tornado damage, Japan began issuing tornado warnings in 2008. However, compared to weather phenomena like precipitation, which can be predicted with high accuracy, tornadoes are difficult to predict due to their small scale and short duration. Tornado warnings currently have a validity period of about one hour, and there is a demand for longer warning periods.Fujitsu and Yokohama National University initiated a joint research project in November 2022, aiming to address societal challenges related to increasingly severe typhoons exacerbated by global warming. This collaboration, conducted under the Fujitsu Small Research Lab's "Fujitsu - Yokohama National University Typhoon Science and Technology Research Center Collaborative Research Laboratory," focuses on understanding typhoon formation mechanisms and accelerating and improving the accuracy of typhoon prediction simulations.Accomplishments of the joint research project1. Applied technologyThe CReSS weather simulator, based on a high-precision weather simulations spanning cloud scales (horizontal 50m-2,000m) to mesoscales (horizontal 2km-2,000km), accurately simulates the formation and development of supercell thunderstorms that generate tornadoes. However, CReSS's original design was not suitable for the large-scale parallel processing (thousands of nodes) required for typhoon-associated tornado prediction, resulting in excessively long parallel computation times and rendering it unsuitable for real-time prediction.To address this, a lightweight version of CReSS was developed, significantly reducing computational demands while maintaining the necessary prediction accuracy. Furthermore, Fujitsu's large-scale parallel processing technology was employed, optimizing simulation processing mapping for Fugaku's server network structure and implementing overlapped execution of computation and file output. This significantly reduced simulation time on Fugaku, enabling substantially faster prediction results than previously possible.2. Application resultsPrediction experiments were conducted using CReSS on 8,192 nodes of Fugaku for Typhoon No. 10, which caused tornado damage in Kyushu, Japan, in August 2024. Utilizing 3D spatial data including temperature, pressure, humidity, wind direction, and speed, the simulation successfully reproduced multiple tornadoes that occurred along the eastern coast of Kyushu. Figure 1 shows the simulation results for the entire typhoon, while Figure 2 visualizes the wind and cloud movement in a 20km x 20km area on the eastern coast of Kyushu, clearly showing multiple tornado formations.*YouTube video:Fujitsu and Yokohama National University achieve world’s first real-time prediction of tornadoes associated with typhoons using supercomputer FugakuSeishi Okamoto, EVP, Head of Fujitsu Research, Fujitsu Limited, comments:"We're delighted to share the significant results from our collaborative research with Yokohama National University, a project spanning over two years. This success will further propel the integration of our expertise and technologies. By advancing research in typhoon development prediction and prediction simulation, we aim to help mitigate weather-related disasters and lessen their impact, contributing to solutions for global environment, one of Fujitsu's key materiality topics.Professor Hironori Fudeyasu, Director, TRC, Institute of Multidisciplinary Sciences, Yokohama National University, comments:Fujitsu - Yokohama National University Typhoon Science and Technology Research Center Collaborative Research Laboratory's research represents a major advancement in predicting typhoon-associated tornadoes, a previously challenging meteorological phenomenon. The supercomputer Fugaku and high-resolution modeling enabled high-precision simulations across scales, leading to real-time predictions crucial for improving early warning systems and mitigating the impact of these devastating events. This breakthrough is expected to significantly contribute to disaster risk reduction while minimizing environmental consequences.Future PlansTo accelerate research on meteorological disasters, including typhoons, Fujitsu and Yokohama National University plan to publicly release the large-scale parallel version of CReSS within this fiscal year. Furthermore, based on these achievements, both organizations will work to further improve speed and prediction accuracy, leveraging AI technology. Through these efforts, we will contribute to solving global environmental issues, one of Fujitsu's key materiality topics.Remarks:This research was conducted with computing resources provided by the Fugaku supercomputer through the Fugaku Industrial Trial Project (Project Number: hp240255).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 Yokohama National UniversityYNU was established in 1949 as a national university by integrating 4 old-education-system schools and has 5 colleges and 6 graduate schools at its campus in Tokiwadai, Hodogaya-ku, Yokohama. YNU declares that it will make every effort to establish a strong footing in academic research and education by upholding 5 fundamental principles:'Be Active','Be Innovative','Be Open' ,'Be Global' and 'Be Diversity' cultivated as the spirit of YNU throughout its history. URL : https://www.ynu.ac.jp/english/special/message/.Press ContactsFujitsu LimitedPublic and Investor Relations DivisionInquiriesYokohama National UniversityTRC, Institute of Multidisciplinary Sciences, Yokohama National Universitytrc-office@ynu.ac.jp Copyright 2025 JCN Newswire via SeaPRwire.com.
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NEC Solution Modernizes Network Infrastructure Construction Work JCN Newswire

NEC Solution Modernizes Network Infrastructure Construction Work

TOKYO, Feb 10, 2025 - (JCN Newswire via SeaPRwire.com) - NEC Corporation (NEC; TSE: 6701) has developed a solution that enables the modernization of tasks, including planning, design and construction work, when telecommunications carriers install network infrastructure such as base stations. The introduction of this solution makes it possible to reduce the time required to build mobile infrastructure, from RAN to core, by approximately 60% compared to conventional methods.In order to accommodate the spread of 5G network virtualization technology (v-RAN, O-RAN, NFV), network infrastructure construction requires modernization to new processes based on cloud-native technology. It is expected that synergies between virtualization and modernization will further improve the level of automation in network infrastructure construction work. This solution responds to such needs, and improves the efficiency, quality and productivity of the virtualized mobile infrastructure construction process.Solution features:1. Provision of professional servicesBased on the wealth of knowledge NEC has gained from building virtualization platforms, the solution analyzes the business processes required when building network infrastructure, from site design to construction, testing, maintenance, operation, and quality management. This helps to support the identification of issues, the formulation of a vision, and the creation of a modernization implementation plan. The solution provides consultation on identifying issues in business processes, making improvements, providing implementation support, measuring the effects, and streamlining the business processes of telecommunications carriers to improve quality and productivity.2. A package of technologies supporting mobile network modernizationThe solution provides a package of technologies that are necessary for automating operations for each process of construction work. This allows telecommunications carriers to focus on implementing modernization measures. The solution is compatible with cloud-native technologies, and is composed of a microservice architecture that develops and links applications as small, independent groups of services. This makes it possible to support open, multi-vendor equipment.3. Real-time confirmation of operational data and acceleration of the feedback cycleNetwork operations staff are able to confirm operational data for all base stations in real time. This contributes to improving communication quality by speeding up the feedback cycle for base station status, as well as increasing operational efficiency.NEC provides the "Network and Cloud-Native Orchestrator" for telecommunications carriers. This supports digital transformation (DX) (modernization, hyper-automation, and automation/autonomy) in network operations, and enables total operational efficiency and optimal operation management (orchestration) from network virtualization/containerization, cloud design/construction to maintenance. Through this solution, NEC optimizes the entire lifecycle of network infrastructure, from construction to operation. This enables telecommunications carriers to quickly expand their service areas and contributes to their profitability.NEC offers end-to-end DX services, from strategy and concept consulting to implementation-focused offerings, based on the three pillars of business models, technology, and organization/talent. Additionally, in its shift from a traditional systems integrator to a "Value Driver," NEC restructured its value creation model under the name "NEC BluStellar" (*), which leverages NEC's cutting-edge technologies, developed and refined through years of experience and proven cross-industry expertise, aiming to transform business models, address social challenges, resolve management issues faced by customers, and lead them into a brighter future.(*)NEC BluStellar is a value creation model that leverages NEC’s cutting-edge technologies, developed and refined through years of experience and proven cross-industry expertise. It aims to transform business models, address social challenges, resolve management issues faced by customers, and lead them into a brighter future.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 2025 JCN Newswire via SeaPRwire.com.
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Olympus Recognized on CDP’s “A List”, the Highest Rating in the Field of Climate Change JCN Newswire

Olympus Recognized on CDP’s “A List”, the Highest Rating in the Field of Climate Change

TOKYO, Feb 10, 2025 - (JCN Newswire via SeaPRwire.com) - Olympus Corporation (Olympus), a global MedTech company committed to making people’s lives healthier, safer and more fulfilling, today announced it has been recognized by CDP1, an international environmental non-profit organization, as an “A List” company for fiscal year 2024. The A List rating is awarded to companies that demonstrate excellence in setting climate change-related targets and initiatives.CDP evaluates major corporations and institutions around the world based on their responses to questions on climate change measures, water resource management, and environmental issues. In this year's assessment, approximately 24,800 companies participated globally, including more than 2,100 Japanese companies.As part of its Environmental, Social, and Governance (ESG) strategy, Olympus has designated “Carbon Neutral Society and Circular Economy” as a focal area. To contribute to the realization of a decarbonized future, Olympus established a target in May 2023 to achieve net-zero greenhouse gas emissions across its supply chain by 2040. In November 2023, Olympus received a net-zero2 certification from the Science Based Targets initiative (SBTi)3, reinforcing its commitment to sustainability.In addition, Olympus is accelerating its efforts to reduce greenhouse gas emissions by improving manufacturing processes, promoting energy-saving measures, and phasing power consumption at its facilities to renewable energy sources. Recognizing the importance of reducing the environmental impact across its entire supply chain, Olympus is working continuously to develop environmentally friendly products, enhance logistics efficiency, and set emission reduction targets in collaboration with suppliers. These initiatives support both the company’s sustainability goals and the broader global effort toward decarbonization.For further details on Olympus’ sustainability initiatives, please visit the Sustainability page.Comment from Yasuo Takeuchi, Olympus Director, Representative Executive Officer, and Executive Chairman and ESG Officer“At Olympus, ESG principles are embedded in our corporate strategy as we work toward the realization of Our Purpose of making people's lives healthier, safer and more fulfilling. Our recognition on CDP’s A list reflects our commitment to climate action and transparent environmental disclosure. We believe that contributing to the sustainable development and progress of the globe and society based on our founding spirit, by putting Our Purpose into practice, will allow Olympus itself to achieve sustainable growth and value creation.”1: CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy.2: Net zero refers to reducing greenhouse gas emissions (Scopes 1, 2, and 3*) by at least 90% in line with the latest climate science (1.5°C scenario). Remaining emissions (less than 10%) must be offset using equivalent credits derived from carbon sequestration and removal (such as afforestation and CO2 capture and storage) to achieve balance.*Scope 1: Direct greenhouse gas emissions by combustion of fuels in our sites.Scope 2: Indirect greenhouse gas emissions from our sites use of electricity, heat or steam supplied by other companies.Scope 3: Other, indirect emissions of greenhouse gas emissions (excluding Scope 1 and 2).3: SBTi is an international initiative jointly established by the World Wildlife Fund (WWF), CDP, the World Resources Institute (WRI), and the UN Global Compact. The initiative encourages companies to set science-based greenhouse gas reduction targets that align with the goal of limiting global temperature rise to 1.5 degrees Celsius above pre-industrial levels.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 innovative solutions and services for early detection, diagnosis and minimally invasive treatment, aiming to improve patient outcomes by elevating the standard of care in targeted disease states. For more than 100 years, Olympus has pursued a goal of contributing to society by producing products designed with the purpose of delivering optimal outcomes for its customers around the world. For more information, visit https://www.olympus-global.com/ and follow our global X account: @Olympus_Corp.Media contact:Mail: Global-Public_Relations@olympus.comOlympus Corp [TYO: 7733] [ADR: OLYMY] [STU: OLY1] [FRA: OLYS] https://www.olympus-global.com Copyright 2025 JCN Newswire via SeaPRwire.com.
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MHI Thermal Systems to Launch New Model of the “Ene-Conductor” Heat Source Control System JCN Newswire

MHI Thermal Systems to Launch New Model of the “Ene-Conductor” Heat Source Control System

-- New "EC-8" Model to Be Marketed this Spring, with Expanded Feature to Control up to 8 Centrifugal Chillers --- Optimal control of centrifugal chillers and peripheral equipment, achieving further energy savings across the whole heat source facilities- With added features for multiple pump system and communication protocols, the new model can be more widely installed in overseasTOKYO, Feb 6, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries Thermal Systems, Ltd. (MHI Thermal Systems), a part of Mitsubishi Heavy Industries (MHI) Group, announces the launch of a new model of its "Ene-Conductor" Heat Source Control System for integrated control of centrifugal chillers and peripheral equipment such as chilled water pumps, cooling water pumps, and cooling towers. The new EC-8 model, to be added to the lineup this spring, allows for control of up to 8 centrifugal chiller units. With these features, the new model can be more widely used and installed in overseas large-scale facilities, as well as enhancing the energy conservation for the whole facilities.Ene-Conductor incorporates the operational and control knowledges and experiences as a centrifugal chiller manufacturer, offering a packaged solution with higher energy-saving control functions, such as controlling the number of centrifugal chillers, controlling the variable flow rate of chilled water and cooling water. With these packaged features, the new model automatically determines the optimal operation of the entire air conditioning system, reducing power consumption by up to approximately 26%.(Note1) In addition, because the repeated system design in each project and workload for installation can be reduced, the system can be installed easily. Furthermore, Ene-Conductor can be added to existing facilities, therefore, even without renewing and updating facilities, it is possible to install the Ene-Conductor and realize further energy savings.The EC-8 model supports both the individual pump system(Note2) and the multiple pump system(Note3) widely used in Southeast Asia and the Middle East. For the communication protocol for exchanging information between machines and sensors, the BACnet® protocol has been added in addition to Modbus®. This makes it possible to real-time data exchange with a higher-level supervisory control device, improving responsiveness. In addition, there is less wirings (signal cables), therefore, construction management is also easier. These additional features allow the system to be installed in a broader range of facilities especially in overseas.MHI Group has made a declaration to achieve carbon neutrality by 2040, and is working to reduce CO2emissions from its own plants and other production-related facilities, as well as reduce the CO2emissions at customer facilities that use MHI Group products. As a part of MHI Group, MHI Thermal Systems supplies a large number of centrifugal chillers for general air conditioning, factory air conditioning, and district heating and cooling, boasting the top market share in Japan in this field. Going forward, MHI Thermal Systems will continue to respond to customer needs, and by delivering centrifugal chillers and thermal solution products with a low environmental load, contribute to the realization of a carbon neutral world.(1) Comparison between three standalone units of MHI Thermal Systems' JHT-Y75I centrifugal chiller (700 refrigeration tons), and the same units controlled by Ene-Conductor.(2) A system in which primary cold and hot water pumps or cooling water pumps are connected by piping individually to a centrifugal chiller or other heat source, supplying cold and hot water or cooling water.(3) A system in which a single or several primary cold and hot water pumps or cooling water pumps are branched by a common pipe to several centrifugal chillers or other heat source, with cold and hot water or cooling water supplied as necessary.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2025 JCN Newswire via SeaPRwire.com.
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Hitachi establishes its fourth Corporate Venture Capital Fund to capture technology turning points and future growth opportunities JCN Newswire

Hitachi establishes its fourth Corporate Venture Capital Fund to capture technology turning points and future growth opportunities

TOKYO, Feb 6, 2025 - (JCN Newswire via SeaPRwire.com) - Hitachi, Ltd. (TSE: 6501, "Hitachi") today announced the establishment of the fourth fund of the corporate venture capital(hereinafter referred to as "CVC") fund"HV Fund" with a purpose to identify startups with the potential to create or disruptlarge attractive markets, anticipate the next technological and social turning points, and generate future growth opportunities. The fourth fund will have a size of 400 million USD, which is the largest CVC fund managed by Hitachi to date. The fund will make strategic investments in startups with cutting-edge, digital technologies such as data centers, distributed energysystems, future of work and industrial AI, as well as startups in new frontiers including bio, quantum, nuclear fusion, lifescience, space and adjacent technologies. With the establishment of the fourth fund, Hitachi's investment in CVC will reach1 billion USD (AUM(1)), a world-class investment scale which will further accelerate open innovation and contribute to theinnovation ecosystem of startups globally.Under the leadership of Toshiaki Tokunaga, who will be appointed as Representative Executive Officer, President & CEOin April, Hitachi aims to realize "True One Hitachi" with digital at its core and accelerate sustainable growth of Social Innovation Business. In the next Mid-term Management Plan, which is currently being formulated, Hitachi will enhance not only existing businesses but also efforts to explore new technologies and capture future growth opportunities. Theestablishment of the fourth fund is intended to add on and further expand Hitachi’s investment in innovative startups toidentify the next technology turning points and business model changes that will lead to business creation. In order topromote business creation under the new Mid-term Management Plan, this corporate venturing initiative will collaborate with“Strategic SIB(2) Business Unit”, which will be launched in April to mobilize company-wide resources and accelerate innovation.Hitachi established Hitachi Ventures ("HV") in June 2019, and now managed 3 CVC funds. HV now has a startup portfolio of38 companies, including newly born Unicorns that meet the criteria of "more than 1 billion USD in valuation" and "within 10years of establishment". In addition, about half of this portfolio have already begun collaborating with Hitachi’s business units and group companies and are making progress. These startups include: Makersite, the leader in product lifecycle intelligence software, which uses AI and data analysis to accelerate and enhance sustainable product and supply chain decision-making; Captura, which offers advanced engineered carbon dioxide removal technology; and Archetype AI,whose Physical AI foundation model, Newton, enables developers to rapidly build solutions with their real-world sensordata. These collaborations are contributing to accelerated implementation of cutting-edge technologies and business models.By leveraging these achievements under a world-class CVC investment scale, combined with the development of cutting-edge technologies through own R&D, Hitachi will anticipate the latest transitions in technology and society, linking them tobusiness creation, thus achieving sustainable growth.(1) AUM: Assets Under Management(2) SIB: Social Innovation BusinessKeiji Kojima, President and CEO of Hitachi, Ltd. said:Hitachi's efforts in CVC, which began in 2019 with 150 million USD, have expanded to 1 billion USD in 5 years, driven in part by the disruptive innovation brought about by Generative AI. With technology trends shifting at an unprecedentedspeed, it is important to identify the next global change point while leveraging the external ecosystem in addition to developing cutting-edge technologies through R&D, for further growth of the Social Innovation Business. We hope that the establishment of the fourth fund will accelerate our quest for new growth opportunities.Toshiaki Tokunaga, Representative Executive Officer and Executive Vice President, Hitachi, Ltd. (To beappointed as Representative Executive Officer, President & CEO on April 1, 2025) said:Under the next Mid-term Management Plan currently being formulated, Hitachi will accelerate its progress toward becominga global leader in Social Innovation Business by achieving "True One Hitachi" with digital at its core. Against this backdrop,strengthening our ability to anticipate global change and adding this new CVC fund to search for the next technologicaltrend beyond Gen AI are significant steps toward achieving sustainable growth. Through our CVC, we will continue to embody the "pioneering spirit" inherited from our founder, Namihei Odaira, and create new growth opportunities jointly withstartups around the world.Stefan Gabriel, CEO & Managing Director, Hitachi Ventures said:We are very grateful for the trust and support from Hitachi’s Executives committing a fourth Hitachi Ventures fund. Whiletopping up our AUM to 1 billion USD, Hitachi Ventures will be able to keep the speed of venture investing in futureUnicorns of fast-changing growth markets in upcoming regions that create strategic and technical relevance for Hitachi’sbusinesses. With our minority investments we help to combine the agility, entrepreneurial spirit and speed of startups withthe global industry reach, trusted expertise and financial strength of Hitachi. This will greatly accelerate the transition of Hitachiand its customers in their transformation journey and help build and grow businesses, collaborate and innovate withselected Unicorns of tomorrow.Overview of the Fourth FundNameHV Fund IVDate ofEstablishmentApril 1, 2025 (scheduled)Advisory CompanyHitachi Ventures GmbHInvestorHitachi, Ltd.Fund Size400 million USDInvestment TargetInnovative startup in cutting-edge, digital technology and new frontiersAbout Hitachi Ventures GmbHDate of EstablishmentJune 1, 2019LocationGermany: Munich (headquarter) USA: Palo Alto, BostonRepresentativeCEO and Managing Director, Stefan GabrielHitachi Ventures is the corporate venture capital arm of Hitachi Ltd. With 1 billion USD assets under management, we focus oninvesting in early-stage and growth-stage technology companies with strategic relevance to Hitachi. With a global networkand extensive experience across various industries, Hitachi Ventures supports innovative startups in their journey todisrupt markets and transform industries. The firm’s investment areas span from environmental tech & circularity, energy, mobility, AI & digital technologies, to industrial automation and life sciences. For more information on Hitachi Ventures, please visit the company's website at https://www.hitachi- ventures.comAbout Hitachi, Ltd.Hitachi is promoting the Social Innovation Business, which uses data and technology to realize a sustainable society. Thethree business sectors are Digital Systems & Services, which supports DX for customers; Green Energy & Mobility, whichcontributes to the realization of a decarbonized society through energy and rail; and Connective Industries, which providessolutions by digitally connecting products in a wide range of industries. Under the business structure of the three sectors, weprovide solutions to our customers and society through Lumada solutions that utilize IT, OT (control and operation technology), and products. Driven by Digital, Green, and Innovation, we aim to grow through collaborative creation with ourcustomers. 3 Sector sales revenue for fiscal year 2023 (ending March 31, 2024) is 8,564.3 billion yen, and as of March 31, 2024, we have 573 consolidated subsidiaries and approximately 270,000 employees worldwide. For more information, please visit Hitachi's website at https://www.hitachi.co.jp/.Contact for InquiriesCorporate Venturing Hitachi, Ltd.Contact form: https://tinyurl.com/3zbyntdh Copyright 2025 JCN Newswire via SeaPRwire.com.
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TANAKA to Provide Medals for the Tokyo Marathon 2025 That Represent All the Participants in the Event with Woven Lines JCN Newswire

TANAKA to Provide Medals for the Tokyo Marathon 2025 That Represent All the Participants in the Event with Woven Lines

TOKYO, Feb 7, 2025 - (JCN Newswire via SeaPRwire.com) - TANAKA PRECIOUS METAL GROUP Co., Ltd. (Head Office: Chuo-ku, Tokyo; Group CEO: Koichiro Tanaka) will provide and donate gold, silver, and bronze medals to the top three men and women finishers of the marathon and wheelchair marathon events at the Tokyo Marathon 2025. The Tokyo Marathon 2025 is organized by the Tokyo Marathon Foundation and will be held on March 2, 2025.Design Representing All the Participants in the Event with Woven LinesThe medals were designed based on the concept of the Tokyo Marathon: The Day We Unite. On the front of the medal, the logo type is placed horizontally above the event logo pattern, which represents “runners, supporters, and cheerers,” to represent the many people who gather and support this event.On the back side of the medal, the name of the event, Tokyo Marathon 2025, is written in Braille, and the word “FINISHER” and the date of the event are engraved, along with TANAKA’s logo. The medal’s ribbon design is a continuation of the 2016 design and is based on the event logo, which resembles a tapestry of lines woven together to represent all the runners, volunteers, and spectators.About the Tokyo Marathon 2025The Tokyo Marathon 2025 is the 18th edition of one of the largest public participation marathons in Japan. As it will celebrate its 20th anniversary in 2027, the event strives to be even more exciting for all participants, based on three pillars: “The safest and most secure race in the world,” “The most exciting race in the world,” and “The warmest and most friendly race in the world.” This year, the event has adopted “SPARK!” as the keyword to represent the enthusiasm of everyone, the way each person’s motivation ignites their heart, and how their emotions will explode.TANAKA has produced the winner medals and finisher medals for every Tokyo Marathon since the first held in 2007, with this year marking the 18th year. The Tokyo Marathon joined the World Marathon Majors (currently the Abbott World Marathon Majors) in 2013, attracting global attention as one of the world’s seven premier marathons. Other than the Tokyo Marathon, TANAKA has also produced medals for the winners of the Tokyo Legacy Half Marathon, supported the promotion of para-sports as an official partner of the Japanese Para Sports Association (JPSA), and produced and sold official commemorative medals for the 1964 Tokyo Olympic Games. TANAKA will continue to produce medals made of precious metals and support the promotion of sports with the aim of contributing to the realization of a prosperous society.Overview of the Tokyo Marathon 2025 MedalsWeight, size and materialGold Medal: approx. 100g 65mm in diameter and approx. 2.8mm: pure silver with gold platingSilver Medal: approx. 100g 65mm in diameter and approx. 2.8mm: pure silverBronze Medal: approx. 85g 65mm in diameter and approx. 2.8mm: pure copper platingTokyo Marathon 2025 MedalsExhibition Schedule at GINZA TANAKA (Ginza Main Branch)- Exhibition Period: February 8 to 27, 2025- Exhibition Venue: 1F, Ginza Main Branch, GINZA TANAKA*The exhibition is open to everyone to view.*For those who wish to cover or photograph the medals or bring them into a studio during the exhibition period, please contact the Press Desk (03-6260-4854).Race Information of the Tokyo Marathon 2025OrganizerTokyo Marathon FoundationCo-organizersJAAF (Japan Association of Athletics Federations); Tokyo Metropolitan Government;The Yomiuri Shimbun; Nippon Television Network Corporation;Fuji Television Network, Inc.; Sankei Shimbun Co., Ltd.; The Tokyo Shimbun.Managing OrganizationTokyo Athletics AssociationOperation SupporterTokyo Sports Association for the Disabled; Kanto Para Athletics.Supporting OrganizationsJAPAN SPORTS AGENCY; Ministry of Land, Infrastructure, Transport and Tourism;Japan Tourism Agency; Metropolitan Tokyo Mayors' Council; Japan Sports Association;Japanese Olympic Committee; Japanese Para Sports Association;Japan Para Athletics; Nippon Keidanren (Japan Business Federation);KEIZAI DOYUKAI (Japan Association of Corporate Executives);The Tokyo Chamber of Commerce and Industry; Tokyo Medical Association;Tokyo Disaster Prevention & Emergency Medical Service Association;Tokyo Private Ambulance Call Center Registered Companies Liaison Council;TOKYO NURSING ASSOCIATION; Tokyo Convention & Visitors Bureau;Tokyo Federation of Neighborhood Associations;Tokyo Federation of Shopping Center Promotion Associations & Tokyo Federation of Shopping Centers;Tokyo Sports Association; Community Sport Leaders Tokyo;Metropolitan Expressway Co., Ltd; The Hochi Shimbun; Radio Nippon Co., Ltd.;Sankei Sports; Nippon Broadcasting System, Inc.;The Tokyo Chunichi Sports.Presenting PartnerTokyo Metro Co., Ltd.Official PartnersSTARTS CORPORATION INC.; Mastercard; ASICS Japan Corp.;Otsuka Pharmaceutical Co., Ltd.; KINTETSU INTERNATIONAL;SEIKO GROUP CORPORATION; The Dai-ichi Life Insurance Company, Limited; McDonald's Company (Japan), Ltd.; Mizuho Bank, Ltd.;Kokumin Kyosai co-op (National Federation of Workers and Consumers Kyosai Cooperatives);Hisamitsu Pharmaceutical Co., Inc.; Kao Corporation; BATHCLIN CORPORATION; Porsche Japan K.K.; NIHON KOHDEN CORPORATION; KOYOU RENTIA Co., Ltd.; Fanplus, Inc.; Shimizu Octo, Inc.; SAGAWA EXPRESS CO., LTD.;TANAKA PRECIOUS METAL GROUP Co., Ltd.; Rokko Butter, Co., Ltd.;Hibino Corporation; Photocreate Co., Ltd;DateSunday, March 2, 2025*The race information is current as of the time this press release was published. For the latest information, please check the Tokyo Marathon official website.About TANAKASince its foundation in 1885, TANAKA has built a portfolio of products to support a diversified range of business uses focused on precious metals. TANAKA is a leader in Japan regarding the volume of precious metals it handles. Over many years, TANAKA has manufactured and sold precious metal products for industry and provided precious metals in such forms as jewelry and assets. As precious metals specialists, all Group companies in Japan and worldwide collaborate on manufacturing, sales, and technology development to offer a full range of products and services. With 5,355 employees, the group’s consolidated net sales for the fiscal year ending December, 2023, was 611.1 billion yen.TANAKA PRECIOUS METAL GROUP Co., Ltd.Websitehttps://www.tanaka.co.jp/english/Press inquiriesTANAKA PRECIOUS METAL GROUP Co., Ltd.https://www.tanaka.co.jp/support/req/other_contact_e/index.htmlPress Release: https://www.acnnewswire.com/docs/files/20250206.pdf Copyright 2025 JCN Newswire via SeaPRwire.com.
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Approval in Principle (AiP) Acquired from Classification Society for Low-Pressure Type Coastal Liquefied CO2 Carrier JCN Newswire

Approval in Principle (AiP) Acquired from Classification Society for Low-Pressure Type Coastal Liquefied CO2 Carrier

- Low-pressure Type Liquefied CO2 carriers are under development in pursuit of transportation from domestic emission sites to base site for overseas shipping, or domestic storage sites- Preparation is accelerating toward early market launch of LCO2 carriers, including applications in future CCS projects underway by the Japanese GovernmentTOKYO, Feb 5, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, and Nippon Gas Line Co., Ltd. (NGL) have jointly acquired Approval in Principle (AiP)(Note1) from Nippon Kaiji Kyokai (ClassNK) for a low-pressure type liquefied CO2 (LCO2) carrier to serve in coastal transportation.Demand for LCO2 carriers is expected to grow in tandem with CCS (carbon dioxide capture and storage) projects involving marine transport of CO2 captured in Japan to storage sites. Mitsubishi Shipbuilding and NGL received AiP certification from ClassNK following a jointly conducted concept study on low-pressure type coastal LCO2 carriers, assuming their use for transport from small-scale CO2 capture sites mainly in the Seto Inland Sea area to base site toward overseas storage sites. The concept study has been conducted in conjunction with the FY2024 "Japanese Advanced CCS Projects" carried out by the Japan Organization for Metals and Energy Security (JOGMEC). The LCO2 carrier receiving the newly acquired AiP is a versatile small-sized ship designed for use in domestic sea.MHI Group is currently pursuing strategic measures to strengthen its business for the energy transition. In conjunction with this initiative, Mitsubishi Shipbuilding is making efforts to contribute to the advancement of the maritime industries in Japan and around the world by utilizing its shipbuilding-based marine engineering technologies in addition to the conventional shipbuilding. Mitsubishi Shipbuilding will actively promote the development of LCO2 carriers and the establishment of CCS value chains through collaboration with various domestic/overseas companies.NGL is a participant of the "CCS Engineering Design Work in Sarawak, Malaysia" project(Note3), as the Japanese Advances CCS Projects in FY2024. The project calls for the launch of a sea transport scheme using highly versatile small-sized LCO2 carriers to consolidate CO2 collected in Japan for overseas shipping. The project aims to enhance business efficiency through shipment scale expansion. The LCO2 carrier newly acquiring AiP certification is expected to serve as a powerful means of sea transport supporting this scheme.(1) Approval in Principle (AiP) indicates that the certification body has reviewed the basic design and approved it as satisfying technical requirements and safety criteria. The assessment was conducted in accordance with the ICG Code(Note2) and ClassNK classification rules applicable to vessels transporting liquefied gas in bulk.(2) The IGC Code (International Code for the Construction and Equipment of Ships Carrying Liquefied Gases in Bulk) is an international regulation stipulating conditions to ensure the safety of vessels that transport liquefied gases (LCO2, LNG, etc.) in bulk.(3) For further information, see: https://tinyurl.com/9w6wkpdr About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2025 JCN Newswire via SeaPRwire.com.
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Toyota Powers On New North Carolina Automotive Battery Plant JCN Newswire

Toyota Powers On New North Carolina Automotive Battery Plant

Toyota City, Japan, Feb 5, 2025 - (JCN Newswire via SeaPRwire.com) - Toyota Battery Manufacturing North Carolina (TBMNC), Toyota's first in-house battery manufacturing plant outside Japan, is ready to begin production and will start shipping batteries for North American electrified vehicles in April.The nearly $14 billion battery facility, Toyota's 11th manufacturing plant in the United States, will produce batteries for hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs) supported by 5,000 jobs.The new battery plant is part of Toyota's "best-in-town" approach―investing and producing locally, contributing to the local community and offering products tailored to local needs through a multi-pathway strategy. To date, Toyota's total U.S. investment stands at $49 billion, which supports more than 280,000 jobs in the industry. As a member of America's business community, Toyota will continue to contribute to the region through job creation and investment.TBMNC OverviewCompany nameToyota Battery Manufacturing North CarolinaEstablishedNovember 2021Plant PresidentSean SuggsEquityToyota Motor North America, Inc. (TMNA) 90%, Toyota Tsusho 10%No. of employeesApprox. 5,000 (planned)BusinessManufacture of automotive batteriesAbout 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 2025 JCN Newswire via SeaPRwire.com.
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Toyota to Form Comprehensive Partnership on Carbon Neutrality with Shanghai and Establish a Company to Develop and Produce BEVs and Batteries JCN Newswire

Toyota to Form Comprehensive Partnership on Carbon Neutrality with Shanghai and Establish a Company to Develop and Produce BEVs and Batteries

Toyota City, Japan, Feb 5, 2025 - (JCN Newswire via SeaPRwire.com) - Toyota Motor Corporation (Toyota) announced today that it will sign a comprehensive partnership agreement with the Shanghai municipal government in China regarding carbon neutrality. In addition, Toyota has decided to establish a new wholly-owned company in Jinshan District in southwest Shanghai to develop and produce BEVs and batteries.Under this partnership with the Shanghai municipal government, Toyota hopes to contribute to the Chinese government's goal of achieving carbon neutrality by 2060 in fields such as hydrogen energy, automated driving technology, and battery recycling and reuse. To drive the initiative forward, Toyota will establish a new company based on the belief that quicker supply of products that meet customers' needs is important in China where there is a high demand for new energy vehicles.The newly formed company will develop a new BEV under the Lexus brand, with production scheduled to begin from 2027 onwards. The initial production capacity will be around 100,000 units per year, and approximately 1,000 new jobs are planned for the start-up phase.Toyota has been working with partners such as China FAW Group Co., Ltd. and Guangzhou Automobile Group Co., Ltd. to bring smiles to customers in China. Going forward, Toyota will continue working together with all its partners to be a "best-in-town" company to achieve its goal of "producing happiness for all."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 2025 JCN Newswire via SeaPRwire.com.
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Fujitsu to highlight AI-powered network technologies at MWC Barcelona 2025 JCN Newswire

Fujitsu to highlight AI-powered network technologies at MWC Barcelona 2025

KAWASAKI, Japan, Feb 5, 2025 - (JCN Newswire via SeaPRwire.com) - Fujitsu Limited today announces its participation in Mobile World Congress Barcelona 2025 (MWC25). Under the theme “Boundless Potential,” Fujitsu will unveil its latest advancements in network technologies and enterprise solutions, and highlight how AI is revolutionizing networks and driving business transformation.At booth 2G60 (Hall 2), Fujitsu will offer visitors interactive demonstrations of AI-enhanced network infrastructure, including solutions for optimizing 5G and optical networks, showcasing improved resource allocation and reduced latency. Attendees will see innovative AI applications in action, such as AI agents improving efficiency in manufacturing and IT operations and an ocean digital twin utilizing AI and autonomous underwater vehicles (AUVs) for environmental monitoring and predictive maintenance of marine infrastructure. Fujitsu will also highlight the high-performance, energy-efficient processor FUJITSU-MONAKA (1), showcasing its capabilities in accelerating AI workloads and reducing power consumption.Customer use cases and demonstrations will illustrate how Fujitsu's solutions are already contributing to sustainability transformation (SX) by optimizing supply chains, enhancing resilience, and driving operational efficiency across various sectors.For more information, or to arrange an interview or tour of the Fujitsu booth, please contact us below or visit MWC Barcelona 2025 Fujitsu Website.Exhibition highlights1. Connectivity zone - solutions to enhance networks and AINetwork for AI: Network infrastructure solutions that ensure high reliability, security, and reduced power consumption for stable operation of sophisticated AI services, including:- The AI-RAN solution which optimizes resource allocation on GPU servers, integrating RAN functions and AI applications for efficient resource management.- Demonstration of the O-RAN compliant 5G Radio Unit (RU) solution.- Live demo of the 1FINITY series optical transmission solution showcasing zero-latency switching.AI for Network: Interactive demonstrations showcasing how AI enhances network design, operation and maintenance, improving efficiency, reducing costs, and boosting performance.- The smart fault recovery solution which rapidly identifies the root cause of network failures, minimizing downtime and improving business continuity.- Network operation and maintenance enhancement solutions using Fujitsu's AI, trained with the knowledge of skilled operators.- The network resource optimization solution which optimizes resource management in complex Beyond 5G networks, dynamically allocating resources to meet fluctuating demands, ensuring stable network low power consumption/cost.2. AI zone - solving societal issues and transforming customer operations- Ocean digital twin technology to accurately replicate ocean conditions and support ecosystem conservation, carbon neutrality, and the inspection and maintenance of marine structures.- Fujitsu's AI agents developed as core technology for the Fujitsu Kozuchi AI service.- Fujitsu’s next-generation Arm-based processor FUJITSU-MONAKA (currently under development, targeted for release in 2027).- Demonstration of Fujitsu Data Intelligence PaaS case studies showing this platform uses data and AI to optimize supply chains, enhance resilience, and transform on-site operations, including system development and maintenance.Overview of MWC Barcelona 2025 and Fujitsu boothDate: Monday, March 3, 2025 to Thursday, March 6, 2025Venue: Fira Gran Via, Barcelona, SpainFujitsu booth: 2G60 (Hall 2)(1) FUJITSU-MONAKA :This is based on results obtained from a project subsidized by the New Energy and Industrial Technology Development Organization (NEDO).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 2025 JCN Newswire via SeaPRwire.com.
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TOYOTA GAZOO Racing Launches Evolved GR Corolla in Japan JCN Newswire

TOYOTA GAZOO Racing Launches Evolved GR Corolla in Japan

- TOYOTA GAZOO Racing will introduce the evolved GR Corolla to Japan, with orders accepted from February 4 ahead of the March 3 launch.- The evolved GR Corolla leverages insights, gained by competing in motorsports events such as the Super Taikyu Series, for improved high-speed cornering, acceleration, and cooling performance.- It is also available with the newly developed 8-speed GAZOO Racing Direct Automatic Transmission (GR-DAT) featured in the evolved GR Yaris.- Based on feedback from professional race drivers, evaluation drivers, and Toyota Master Driver Morizo, development focused on an untamed energy that makes one want to keep on driving, whether at the limit or in everyday use.TOKYO, Feb 4, 2025 - (JCN Newswire via SeaPRwire.com) - TOYOTA GAZOO Racing (TGR) has started accepting orders for its evolved GR Corolla, a model that leverages insights gained by competing in motorsports. Orders will be accepted through Toyota dealerships across Japan from today, February 4, and actual launch is planned for March 3. This is the same model announced on August 2, 2024, in the USA, but with Japanese market specifications. The following news release provides detailed information on the features of this evolved GR Corolla.Evolved GR Corolla Makes World Premierehttps://toyotagazooracing.com/pressrelease/2024/0802-01/ for more information, visit https://global.toyota/en/newsroom/toyota/42165939.html. Copyright 2025 JCN Newswire via SeaPRwire.com.
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Mitsubishi Heavy Industries Achieves Double-Digit Order Intake and Profit Growth in First Three Quarters, Raises Full-Year Guidance JCN Newswire

Mitsubishi Heavy Industries Achieves Double-Digit Order Intake and Profit Growth in First Three Quarters, Raises Full-Year Guidance

- Order intake increased YoY in Energy Systems and Plants & Infrastructure Systems, with largest contributions from GTCC and Aero Engines in Energy Systems and Metals Machinery in Plants & Infrastructure Systems.- Revenue grew YoY in all segments, with largest gains in Aircraft & Missile Systems within Defense & Space.- Business profit achieved strong YoY growth in Energy Systems, Plants & Infrastructure Systems, and Aircraft, Defense & Space segments due to increased revenue, improved margins, positive impact from yen depreciation, as well as rebound from one-time charges incurred in previous fiscal year.- Increased full-year guidance for order intake, revenue, business profit, net income, EBITDA, and free cash flow to reflect stronger-than-expected performance in first three quarters.TOKYO, Feb 4, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI, TSE Code: 7011) announced that order intake increased 10.5% year-on-year to ¥4,968.9 billion in the three quarters ended December 31, 2024. Revenue rose 8.8% to ¥3,547.7 billion year-on-year, resulting in profit from business activities (business profit) of ¥264.7 billion, a 38.2% increase over the previous fiscal year, which represents a profit margin of 7.5%. Profit attributable to owners of parent (net income) was ¥172.1 billion, an increase of 24.7% year-on-year, with a profit margin of 4.9%. EBITDA was ¥382.0 billion, a 28.9% increase over Q1-3 FY2023, with an EBITDA margin of 10.8%, up 1.7 percentage points year-on-year.In Energy, order intake increased by ¥228.7 billion YoY, which reflected continued strong demand in Gas Turbine Combined Cycle (GTCC) and Aero Engines. Contracts for 16 large frame gas turbine units were concluded during Q1-3, the majority of which were from customers in the Americas. Revenue increased by ¥81.4 billion YoY; the largest gains were seen in GTCC, which worked to execute its sizeable backlog, and Aero Engines. Segment business profit increased by ¥67.9 billion YoY due to higher margins in GTCC, increased revenue and the rebound from one-time expenses in Aero Engines incurred in Q1-3 FY2023, together with stable performance in Nuclear Power.In P&I, order intake increased by ¥219.8 billion YoY due to favorable performance in Engineering, Metals Machinery, Machinery Systems, and Waste-to-Energy Systems. Revenue was mostly in line with Q1-3 FY2023 levels. Improved margins in Engineering and Metals Machinery, combined with increased revenue in Engineering and Machinery Systems helped to raise segment business profit by ¥12.6 billion YoY.In LT&D, revenue increased by ¥9.2 billion YoY as increased sales in Engines and Heating, Ventilation & Air Conditioning (HVAC) offset a decline in units sold in Logistics Systems. The decrease in units sold in Logistics System and additional costs from a supply chain disruption in Turbochargers resulted in a ¥16.5 billion YoY decrease in segment business profit.In ADS, order intake decreased by ¥22.0 billion YoY due to large order volume booked in Q1-3 FY2023 in Defense & Space. Revenue increased by ¥162.7 billion YoY, mainly in Defense & Space. Increased revenue and higher margins in Defense & Space outpaced the negative impact from a drop in 777 unit deliveries in Commercial Aviation, and segment business profit increased by ¥16.1 billion YoY. FY2024 Earnings ForecastMHI revised its guidance for the period ending March 31, 2025, increasing the forecasts for order intake, revenue, business profit, net income, EBITDA, and free cash flow over the previous announcement made November 5, 2024, to reflect stronger-than-anticipated performance during Q1-3. The full-year dividend target remains unchanged.(billion yen, except where otherwise stated)FY2024 Earnings ForecastFY2023ActualFY2024Forecast(Previous)FY2024Forecast(Revised)Revised vs.PreviousOrder Intake6,684.06,000.06,400.0+400.0Revenue4,657.14,900.05,000.0+100.0Profit from Business ActivitiesProfit Margin282.56.1%350.07.1%380.07.6%+30.0+0.5 ptsProfit Attributable to Owners of ParentProfit Margin222.04.8%230.04.7%240.04.8%+10.0+0.1 ptsROE11.1%10%10%-EBITDAEBITDA Margin432.69.3%500.010.2%530.010.6%+30.0+0.4 ptsFCF200.1-100.00.0+100.0Dividends20 yen (Note)22 yen22 yen-FY2023 Actual dividends (¥200/share) shown here adjusted retroactively to 1/10 of original value to reflect the 10-for-1 stock split effective April 1, 2024.(billion yen, except where otherwise stated)FY2024 EarningsForecast by SegmentOrder IntakeRevenueBusiness ProfitPreviousRevisedPreviousRevisedPreviousRevisedEnergy2,000.02,300.01,750.01,800.0180.0200.0P&I900.01,000.0800.0800.040.050.0LT&D1,350.01,350.01,350.01,350.060.060.0ADS1,700.01,700.0950.01,000.080.0100.0OC&E50.050.050.050.0-10.0-30.0Total6,000.06,400.04,900.05,000.0350.0380.0CFO Message"In the first three quarters of this fiscal year, many of our businesses continued the strong performance I shared with you during our last release, with all major financial indicators up year-on-year, especially business profit and net income," said Hisato Kozawa, MHI's Chief Financial Officer. He continued: "Regarding order intake, GTCC and Aero Engines in Energy, and Metals Machinery in P&I were star performers, with total orders exceeding the high bar set during the same period in FY2023. Revenue increased in Energy and ADS, which were executing on substantial order backlogs. Increased revenue, improved margins, the positive impact from yen depreciation, as well as a rebound from one-time charges incurred in the previous year drove the large profit growth seen during this period."We have increased our full-year guidance for most major indicators based on our strong performance during the first three quarters. Notably, we have updated our order intake target from ¥6 trillion to ¥6.4 trillion and business profit from ¥350 billion to ¥380 billion," Kozawa went on. "In the fourth quarter, we aim to outperform this updated guidance by actively mitigating risks while building on the successes of the first three quarters."Note regarding forward looking statements:Forecasts regarding future performance outlined in these materials are based on judgments made in accordance with information available at the time they were prepared. As such, these projections include risk and uncertainty. Investors are recommended not to depend solely on these projections when making investment decisions. Actual results may vary significantly from these projections due to a number of factors, including, but not limited to, economic trends affecting the Company's operating environment, fluctuations in the value of the Japanese yen to the U.S. dollar and other foreign currencies, and trends in Japan's stock markets. The results projected here should not be construed in any way as a guarantee by the Company.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2025 JCN Newswire via SeaPRwire.com.
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MAZDA TRANS AOYAMA Opens in Minami-Aoyama JCN Newswire

MAZDA TRANS AOYAMA Opens in Minami-Aoyama

TOKYO, Feb 4, 2025 - (JCN Newswire via SeaPRwire.com) - On Thursday, February 6, Mazda Motor Corporation (“Mazda”) is set to open MAZDA TRANS AOYAMA, an all-new concept showroom offering the Mazda brand experience in Minami-Aoyama – hub of cultural innovation – in the Minato ward of Tokyo."TRANS" in “MAZDA TRANS AOYAMA” connotes "change or transcendence," signifying Mazda’s wish that this space inspire people to take a positive outlook. Guided by the company’s purpose of “enrich life-in-motion for those we serve,” Mazda aims to deliver uplifting experiences to everyone with whom it engages in furtherance of this aspiration. MAZDA TRANS AOYAMA will serve as a space where not only current customers and enthusiasts, but also individuals who have yet to develop a connection with Mazda may tap into a range of information and experience the Mazda brand in the hope that they discover something new and feel inspired.The facility features a café supervised by ITUKI COFFEE, a specialty roaster that originated on Hiroshima’s Miyajima, providing visitors with a comfortable and relaxing respite. MAZDA TRANS AOYAMA will continually strive to enhance accessible and enjoyable content for all with limited-duration exhibits, experiential events, and workshops on diverse themes in addition to automobiles. Actual production automobiles, concept cars, and historic Mazda vehicles will be on permanent display, as will miniature cars chronicling Mazda Motor Corporation’s history. The MX-5 test drives will also allow visitors to envision a life with Mazda.In moving toward 2030, Mazda will aim to continue our research based on our human-centered philosophy, create more moving experiences for people to enjoy while driving in their daily life, and deliver more enjoyment to everyday life which will uplift and energize people.In moving toward 2030, Mazda will aim to continue our research based on our human-centered philosophy, create more moving experiences for people to enjoy while driving in their daily life, and deliver more enjoyment to everyday life which will uplift and energize people.MAZDA TRANS AOYAMAName: MAZDA TRANS AOYAMALocation: 5-6-19 Minami-Aoyama, Minato-ku, TokyoHours: 8:30 AM - 6:30 PM (Café (1F) open from 8:30 AM - 10:00 AM)Closed: MondaysInquiries: 03-6450-6691Website: https://www.mazda.co.jp/experience/mazda_trans_aoyama/Key Components*Café settingLimited-duration gallery exhibitions (ACTA+ works)Events (Scheduled events*: “Talk Session: My Personal Style – An Enjoyment of Roadsters and Color” on February 8 & 9, and "Creating Flower Arrangements Together" on February 15 & 16)Vehicle displays (production vehicles, concept cars, historic Mazda models, etc.)The MX-5 test drive experiences, and more*Please check the website for more information and specific dates of upcoming events. Copyright 2025 JCN Newswire via SeaPRwire.com.
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