NEC Listed on the World Index and Asia Pacific Index of Dow Jones Sustainability Indices (DJSI) JCN Newswire

NEC Listed on the World Index and Asia Pacific Index of Dow Jones Sustainability Indices (DJSI)

NEC Corporation (TSE: 6701) has been named to the Dow Jones Sustainability Indices World Index (DJSI World) and the Dow Jones Sustainability Indices Asia Pacific Index, two of the most prestigious global indexes of Environmental, Social and Governance (ESG) investment.DJSI is an evaluation indices developed by S&P Global that evaluates the sustainable practices of major global companies across the “Governance & Economic,” “Environmental” and “Social” dimensions. Companies that receive high evaluations are selected to the DJSI Indices.NEC received high evaluations in categories that included “Transparency & Reporting,” "Environmental Policy & Management," "Climate Strategy," “Human Capital Management” and “Privacy Protection”(1).Other than DJSI World and DJSI Asia Pacific, NEC is included in the FTSE4Good Index Series and the MSCI ESG Leaders Indexes as part of high evaluations in terms of ESG. NEC has received “A List” ratings five years in a row in the categories of “Climate Change” and “Water Security,” as well as an A List rating for “Supplier Engagement” from the global environmental non-profit CDP. In addition, NEC has been awarded a "Platinum" Corporate Social Responsibility (CSR) ranking, in recognition for being part of the top 1% of companies evaluated by EcoVadis, a France-based CSR rating platform.NEC became a signatory to the United Nations Global Compact(2) in 2005, which was founded on the basic principles of human rights, labor, environment and anti-corruption, and continues to strive to minimize any burdens that business activities may have on society. NEC aims to contribute to the creation of value for society through its business, and to the achievement of the Sustainable Development Goals (SDGs) launched by the United Nations. Over the course of NEC's Mid-term Management Plan 2025, in order to promote sustainable growth, the company aims to achieve continuous inclusion in ESG indices by advancing initiatives for materiality, which are priority management themes from an ESG perspective(3).NEC also aims to create 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. Based on the NEC Way, a common set of values that form the basis for how the entire NEC Group conducts itself, NEC contributes to achieving the SDGs.(1) As of Dec. 23, 2024(2) The United Nations Global Compact:An initiative that calls on companies worldwide to align their strategies and operations with ten universal principles in four fields of human rights, labor, the environment and anti-corruption. NEC joined in 2005.(3) NEC's efforts in support of ESG initiatives are reported in the following:NEC ESG Databook 2024www.nec.com/en/global/sustainability/report/index.html NEC Integrated Report 2024www.nec.com/en/global/ir/library/annual/index.html External Ratings and Evaluations of NECwww.nec.com/en/global/sustainability/guidelines/evaluation.html About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at www.nec.com. Copyright 2025 JCN Newswire via SeaPRwire.com.
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Mitsubishi Power Reinforces Commitment to Saudi Arabia’s Sustainable Energy Future at Saudi Aramco’s IKTVA Forum 2025 JCN Newswire

Mitsubishi Power Reinforces Commitment to Saudi Arabia’s Sustainable Energy Future at Saudi Aramco’s IKTVA Forum 2025

Dhahran, Saudi Arabia, Jan 16, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), underscored its commitment to the Kingdom of Saudi Arabia at Saudi Aramco In-Kingdom Total Value Add (IKTVA) Forum, which is held under the patronage of His Royal Highness Prince Saud bin Nayef bin Abdulaziz Al Saud this week in Dammam at the Dhahran Expo.Group photo of Mitsubishi Power and MHI team at IKTVA eventAs a Platinum Sponsor of the 2025 edition of IKTVA, Mitsubishi Power is showcasing its advances in power generation technology innovation, localization, and sustainability in the Kingdom, aligned with Saudi Vision 2030.This comes as Mitsubishi Power has considerably grown its presence in the Kingdom this year with the recent order it received for its state-of-the-art M501JAC combined-cycle (CCGT) hydrogen-ready power generation solutions for a new 475 MW industrial steam and electricity plant located at the Saudi Aramco Total Refining and Petrochemical Company (SATORP) Strategic SATORP petrochemical complex in Jubail, in the Eastern Province of Saudi Arabia, which is expected to house one of the largest mixed-load steam crackers in the Gulf region.Commenting on the occasion of the event, Adel Al-Juraid, Chief Executive Officer of Mitsubishi Power Saudi Arabia, remarked: "Mitsubishi Power is honored to bring our industry-leading and best in-class Japanese technology solutions and services to the Kingdom, to power its bold and ambitious vision and economic goals for its people. The Kingdom is moving forward at a rapid pace to establish itself as a vital sustainable energy hub for the world and we will be alongside it, building on our long and successful heritage in the country to support its power needs. As electricity demand soars exponentially, we will continue to deliver our reliable, high-efficiency, and clean technology solutions that deliver uninterrupted power for utilities and industries, while reducing emissions to meet our shared climate goals."In line with Saudi Aramco and the Kingdom of Saudi Arabia's growing focus on localization, the Mitsubishi Power heavy duty gas turbine will be assembled in the Kingdom at the Mitsubishi Power Saudi Arabia's assembly facility in Dammam. One of the world's leading gas turbines in reliability, with combined efficiency rate of more than 64%, Mitsubishi Power's JAC gas turbines are equipped to blend hydrogen with natural gas, ensuring a stable low-carbon power supply and supporting Saudi Arabia's industrial growth, sustainability targets and stringent efficiency standards imposed by the Saudi Energy Efficiency Centre.As part of Mitsubishi Power's Saudi National program, which provides Saudi talent with rewarding careers pathways at the company, over 50% of Mitsubishi Power employees in Saudi Arabia are Saudi nationals, both male and female. They benefit from advanced technical skills for the energy sector, which they gain through on the job training and knowledge exchange programs both in Saudi Arabia and in Japan.Adel Al-Juraid added: "At Mitsubishi Power, we are proud to contribute to Saudi Vision 2030 by harnessing the talent of young Saudis, both male and female and empowering them with the skills that will shape them into the leaders of Saudi Arabia's energy industry in the future. With the localization of our assembly operations in the Kingdom for our most cutting-edge gas turbines globally, this year marks a new chapter in our 60-year journey of partnership with the Kingdom and we are committed to continue our support over the next six decades towards a clean and sustainable energy future for the Kingdom.Mitsubishi Power's cutting edge power and digital solutions that reflect the company's leadership in advanced technologies, including hydrogen-fueled gas turbines, ensuring cleaner and more efficient energy systems, were on display at Mitsubishi Power booth P108 at IKTVA, located in the Central Atrium between Halls 5 and 6.Visitors could view the company's innovations which align with Saudi Vision 2030's objectives of sustainability, industrial growth, and localization and Saudi Green Initiative's goal of achieving net-zero greenhouse gas emissions through the circular carbon economy, while addressing the challenges of increasing energy demand from sectors like AI, data centers, and manufacturing.With a rich heritage in Saudi Arabia spanning over fifty years, Mitsubishi Power works with key energy stakeholders including the Ministry of Energy, Saudi Aramco, the Saudi Electricity Company (SEC), and the Saline Water Conversion Corporation (SWCC). The company began operations in Saudi Arabia with its first supply of boilers to Aramco in Abqaiq in the 1960s and has since been active in power projects with major utilities and industrial companies in the Kingdom.For more information about Mitsubishi Power and its innovations in the energy sector, please visit:https://power.mhi.com/regions/mena/ Copyright 2025 JCN Newswire via SeaPRwire.com.
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JCB and DOJO partner to help cardmembers enjoy a more seamless payment experience JCN Newswire

JCB and DOJO partner to help cardmembers enjoy a more seamless payment experience

TOKYO & LONDON, Jan 16, 2025 - (JCN Newswire via SeaPRwire.com) - JCB, Japan’s only international payment brand, and DOJO, a London-based payment technology provider, today announced a strategic partnership to enhance JCB’s card acceptance across London and the rest of the UK. JCB Cardmembers can now enjoy a seamless payment experience across the UK thanks to this collaboration, while small and medium-sized enterprise (SME) owners can benefit from the growing number of international visitors.This partnership will allow JCB Cardmembers to use their “front of wallet” card at many more UK-based hospitality venues where DOJO has tens of thousands of customers. The collaboration aims to ensure broader JCB Card acceptance across DOJO’s rapidly expanding merchant network, making it easier than ever for cardmembers to use their preferred payment method when traveling abroad.Over 110,000 UK-based merchants across the hospitality sector, will now be able to accept JCB Cards from January 2025, thanks to the integration with DOJO’s extensive network. DOJO has secured its position as a key player in the payment solutions market by offering a compelling package for merchants in the experience economy, including their reliable platform, robust connectivity and fast payment processing, which enables staff and customers alike to enjoy a seamless experience. Encompassing a diverse range of merchants—including 6,000 to 7,000 merchants within central London—this partnership is poised to boost JCB Cardmembers’ spend across the UK. Simultaneously, DOJO merchants will be exposed to a vast new market of 164 million cardmembers across the globe, especially unlocking the spending power of JCB Cardmembers visiting from Asian countries and territories.JCB Cardmembers traveling to Ireland, Spain, and Italy will also soon benefit from DOJO's popular payment solution, increasing JCB's acceptance across Europe. DOJO's expansion in Europe will directly benefit JCB Cardmembers, who can use their cards with confidence across a wider geographical area.“We are thrilled to announce our new partnership with DOJO as the next step in expanding JCB’s presence in the UK and European market,” said Ray Shinzawa, Managing Director, JCB International (Europe) Ltd. “Our new collaboration with DOJO means that even more JCB Cardmembers can now enjoy the convenience and security of using their cards across a larger European merchant network. We're committed to making payments as seamless as possible for our international cardmembers, and this partnership represents a key cornerstone of our strategy."Nuno Mateus, VP of Payments, DOJO added, "Small to medium-sized businesses represent the heart of the UK’s economy and we aim to empower them to connect with a broader customer base and unlock new growth opportunities. Our strategic partnership with JCB reflects our commitment to supporting merchants to tap into new avenues of growth by facilitating the payment experience of international travellers and creating repeat visits and purchases. By accepting JCB, business owners will be better positioned to attract international, high-value shoppers and drive revenue growth."About JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 53 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 164 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/About DOJODojo is a leading payment technology provider that empowers over 150,000 businesses to thrive in the Experience Economy. Dojo offers one of the world’s leading multi cloud-native payments platforms to provide in-person and digital payments solutions alongside value-added services such as revenue-based funding and booking management software. Dojo’s highly reliable technology can be installed in a matter of minutes—giving businesses big and small the power to make informed decisions through instant insight and process, manage and measure card payments securely and easily. For more information, visit www.dojo.tech and follow us on LinkedIn at linkedin.com/company/dojo-tech.MEDIA CONTACTS:JCB International (Europe) Ltd.Diana Lee: dlee@jcbeurope.euJCB (Head Office in Japan)Anna Takeda: jcb-pr@info.jcb.co.jp Copyright 2025 JCN Newswire via SeaPRwire.com.
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MHI Delivers 60 Cars for the Nippori-Toneri Liner Model 330 JCN Newswire

MHI Delivers 60 Cars for the Nippori-Toneri Liner Model 330

TOKYO, Jan 15, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) has completed the delivery of 60 Model 330 railway cars (12 five-car configurations) for the Nippori-Toneri Liner, a new Automated Guideway Transit (AGT)(1) system operated by the Tokyo Metropolitan Government's Bureau of Transportation. This delivery is the result of an order received in April 2020(2) to replace the existing cars from another manufacturer that have been in operation since 2008. With this latest delivery, MHI has supplied a cumulative total of 75 cars (15 five-car configurations) of the Model 330.The Nippori-Toneri Liner is a public transit system opened by the Tokyo Metropolitan Government in 2008. It connects Nippori Station in Tokyo's Arakawa-ku and Minumadai-shinsuikoen Station in Adachi-ku, encompassing 13 stations over a total distance of approximately 10 kilometers (6.2 miles). Since the Liner began operations, the number of users - particularly commuters and students traveling to the city center - has steadily increased, consistent with development along the new line, which has led to ongoing challenges in reducing onboard congestion(3).The Model 330 being delivered this time is of the same type as that supplied by MHI in 2015 and 2019. By adopting long-type seating and a lightweight aluminum alloy body structure, passenger capacity has been increased. This is expected to significantly contribute to alleviating congestion on the Liner and further revitalizing the areas along the route.Going forward, MHI Group will continue to provide high-value-added services tailored to customer needs both in Japan and abroad. Furthermore, through the delivery of AGT - a clean transport mode that emits no CO2 - MHI Group aims to address regional challenges with solutions related to economic development and enhanced transportation convenience in diverse sectors, while simultaneously helping to realize a carbon-neutral society.(1) AGT systems are a new type of fully automated transport system with electric power drives, used in airports around the world to provide mobility between terminals and to nearby facilities. The system utilizes rubber tires to provide a smooth ride with low noise.(2) For more information about the order received for the Model 330 cars in 2020, please refer to the following press release: www.mhi.com/news/200616.html(3) Press release from the Ministry of Land, Infrastructure, Transport and Tourism: www.mlit.go.jp/report/press/content/001758084.pdfAbout 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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JCB and Taiwan Rakuten Card Launch New JCB Panda Card JCN Newswire

JCB and Taiwan Rakuten Card Launch New JCB Panda Card

TOKYO & TAIPEI, Jan 15, 2025 - (JCN Newswire via SeaPRwire.com) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan’s only international payment brand, has announced the launch of the new JCB Panda Card in collaboration with Taiwan Rakuten Card. The new JCB Panda Card will be available starting January 15, 2025.Taiwan Rakuten Card was established in 2014 with the approval of the Financial Supervisory Commission to enter the Taiwanese domestic credit card market, becoming the first e-commerce platform in Taiwan to issue own credit card. By integrating e-commerce services, membership accounts, and in-house points, Taiwan Rakuten Card provides seamless online and offline services for online stores and consumers and a convenient environment for card use. In addition, it integrates powerful and cooperative merchants and stores in Japan to provide Rakuten cardholders with various travel services in Japan. Since January 2015, the number of cards issued in Taiwan has exceeded 300,000.The newly launched JCB Panda Card offers up to 3% cashback on purchases made via two major mobile payment methods (Line Pay and JKO Pay) at selected merchants such as major airlines, gasoline stations and OTAs in the Taiwanese domestic market. As for other countries and regions outside Taiwan, JCB Panda Card offers unlimited base 1.5% cashback with 3.5% in Japan, Korea and Thailand.About JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 53 million merchants around the world. JCB Cards are now issued mainly in Asian countries and regions, with more than 164 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/ContactAnna TakedaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@info.jcb.co.jp Copyright 2025 JCN Newswire via SeaPRwire.com.
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Fujitsu, Resona Bank and Saitama Resona Bank launch new web service to simplify home-buying process JCN Newswire

Fujitsu, Resona Bank and Saitama Resona Bank launch new web service to simplify home-buying process

Fujitsu Limited and the Resona Group companies Resona Bank, Limited and Saitama Resona Bank, Limited today announced the launch of a new web service designed to support customers in their home-buying process. The service is now available to customers of Resona Bank and Saitama Resona Bank.This development leverages the expertise of the Resona Group in home loan business and Fujitsu's internal and external best practices in digital transformation (DX). Fujitsu, primarily through its dedicated, collaborative BizDevOps team, supported the service from ideation to product planning, piloting, and development.Service development backgroundBuying a home represents a major life event, and the pressure to secure a property can often lead to rushed decisions based on incomplete information and in some cases even buyer’s remorse. This newly developed web service helps customers to make informed decisions from the earliest stages of their home search, even before applying for a mortgage, thereby ensuring a satisfying purchase.A first-of-its-kind service in Japan for visualizing, organizing, and comparing partners' home-buying preferencesWhile numerous home-buying assist tools exist, none offer a comprehensive solution for clarifying individual preferences and facilitating shared decision-making between partners. The new service provides a unique one-stop platform to visualize, organize, and compare preferences, making the home-buying process smoother and more collaborative. Key features include:1. Clarification of couples’ shared preferencesThis feature allows couples to share and compare their desired home specifications, including amenities, interior design, and layout, ensuring both partners feel satisfied with their final choice.2. Discovery of shared preferencesWith this feature, couples can record their preferences and observations for each room during property viewings, noting details about the kitchen, bathroom, and other areas.3. Ranking displayThis function calculates an overall score based on the information from the first two functions, displaying properties in order of preference. This simplifies the comparison process and helps couples quickly identify homes that best meet their needs.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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TANAKA’s Group Company EEJA to Exhibit at 39th NEPCON JAPAN JCN Newswire

TANAKA’s Group Company EEJA to Exhibit at 39th NEPCON JAPAN

TOKYO, Jan 15, 2025 - (JCN Newswire via SeaPRwire.com) - EEJA Ltd. (Headquarter: Chuo-ku, Tokyo; CEO: Akihiko Domae; hereafter “EEJA”), the main company operating TANAKA’s plating business, announced today that it would exhibit at the 39th NEPCON JAPAN, the electronics development and packaging exhibition scheduled to be held at Tokyo Big Sight from January 22–24, 2025. EEJA will premiere a range of new products in the field of plating technologies and processes to help meet rising needs in the electronics industry, including automotive electronic components and semiconductors.Technologies in demand have become increasingly sophisticated in recent years, with the primary usage domain for electronic components shifting from local to network usage. In contrast, the communications industry has shifted from 5G to 6G to support increased data volumes and faster communication speeds. The automotive industry has also changed, with the increased use of electronic components and semiconductors around the engine and demand for products able to pass testing in harsh environments in terms of characteristics such as heat and moisture resistance in particular.EEJA will exhibit several new plating technologies at NEPCON JAPAN, including PRECIOUSFAB Pd/Pt/Ru/Rh/Ir (a high hardness, wear-resistant platinum group plating process increasingly needed for in-vehicle electronic components), PRECIOUSFAB HG/GT/GS (a precious metal alloy plating process used as a means of reducing usage of precious metals that are becoming increasingly expensive, and to create further added value), MICROFAB series (a number of environment-friendly, non-cyanide processes), and SEADCAT (a direct patternable plating process that supports surface treatment of next-generation glass interposers that are essential for semiconductor packaging).Taking advantage of precious metals technologies acquired by TANAKA over many years in the industry, EEJA develops and provides the plating technologies and products that are essential in the electronics industry, from semiconductors to electronic components. With the demand for greater sophistication in the electronics industry, EEJA will continue contributing to technical innovations in the industry.Overview of EEJA's exhibition at 39th NEPCON JAPAN- Date and time: January 22–24, 2025 (10:00–17:00)- Venue: Tokyo Big Sight- Booth: E64-52, East Exhibition Halls- Main products on displayProduct nameOverviewPRECIOUSFAB Pd/Pt/Ru/Rh/Ir: High hardness, wear resistant platinum group plating processA plating process that achieves high reliability when used for contact parts of connectors, etc. that need durability and environment resistance, such as for in-vehicle applicationsMICROFAB Au2108/Au2168: Part of the MICROFAB series of environment-friendly, non-cyanide gold electroplating processes with improved stability of hardness and appearance (New Product)A plating process that does not use cyanide compounds, so will not only help in semiconductor manufacturing processes, but will also improve the plating work environments, which is expected to increase further in demand going forward. It is expected to improve product yields and reliability through stable appearance and hardness when forming gold bumps on increasingly fine-pitch and high-density wafersSEADCAT PRM200 series: Direct patterning plating technology (New Product) A plating technology that supports more material types than the SEADCAT100 seriesSEADCAT PRM200-MRG: Increased adhesiveness to LCPs and some fluororesins, with improved heat and moisture resistanceSEADCAT PRM200-MDI: Reduced copper diffusion through heat treatment after copper wire formation on polyimidesOptimization of primers has also enabled support for surface treatment of glass interposers.Refer to the following for detailed information on other plating processes and equipment.Plating Processeshttps://tanaka-preciousmetals.com/en/products/detail/plating-processes/Various plating processes are handled by EEJA Ltd.https://eeja.comPlating Equipmenthttps://tanaka-preciousmetals.com/en/products/detail/plating-equipment/Plating equipment is handled by group company Mitomo Semicon Engineering Co., Ltd.https://mitomo-semicon-eng.co.jp/en/home-2/EEJA Ltd.Headquarter: 2-6-6 Nihonbashi Kayabacho, Chuo-ku, TokyoEstablished: 1965CEO: Akihiko DomaeCapital: 100 million yenNet sales: 21.64333 billion yen (FY2023)Number of employees: 130 (including overseas sites) (as of December 31, 2023)Business activities: Development, manufacture, sales, and export of precious metal plating solutions and base metal plating solutions, additives, and surface treatment-related chemicalsHiratsuka Office: 5-50 Shinmachi, Hiratsuka-city, KanagawaOfficial Website: https://eeja.comAbout 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.Official Website: TANAKA PRECIOUS METAL TECHNOLOGIEShttps://tanaka-preciousmetals.com/en/Product inquiriesTANAKA PRECIOUS METAL TECHNOLOGIES Co., Ltd.https://tanaka-preciousmetals.com/en/inquiries-on-industrial-products/Press inquiriesTANAKA PRECIOUS METAL GROUP Co., Ltd.https://tanaka-preciousmetals.com/en/inquiries-for-media/Press Release: http://www.acnnewswire.com/docs/files/2025115_EN.pdf Copyright 2025 JCN Newswire via SeaPRwire.com.
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FDA Accepts LEQEMBI (lecanemab-irmb) Biologics License Application for Subcutaneous Maintenance Dosing for the Treatment of Early Alzheimer’s Disease JCN Newswire

FDA Accepts LEQEMBI (lecanemab-irmb) Biologics License Application for Subcutaneous Maintenance Dosing for the Treatment of Early Alzheimer’s Disease

TOKYO and CAMBRIDGE, Mass., Jan 15, 2025 - (JCN Newswire via SeaPRwire.com) - Eisai Co., Ltd. and Biogen Inc. announced today that the U.S. Food and Drug Administration (FDA) has accepted Eisai’s Biologics License Application (BLA) for lecanemab-irmb (U.S. brand name: LEQEMBI®) subcutaneous autoinjector (SC-AI) for weekly maintenance dosing. LEQEMBI is indicated for the treatment of Alzheimer’s disease (AD) in patients with Mild Cognitive Impairment (MCI) or mild dementia stage of disease (collectively referred to as early AD). A Prescription Drug User Fee Act (PDUFA) action date is set for August 31, 2025.The BLA is based on data from the Clarity AD (Study 301) open-label extension (OLE) and modeling of observed data. If LEQEMBI subcutaneous maintenance dosing is approved by the FDA, LEQEMBI will be the only treatment for AD that can be administered subcutaneously at home using an autoinjector (AI). The injection process is expected to take, on average, 15 seconds. As part of the SC-AI 360 mg weekly maintenance regimen, patients who have completed the biweekly intravenous (IV) initiation phase, exact period under discussion with the FDA, would receive weekly doses that are expected to maintain the clinical and biomarker benefits.AD is a progressive, relentless disease caused by a continuous underlying neurotoxic process that begins before and continues after plaque deposition.1,2,3 Only LEQEMBI works to fight AD in two ways by continuously clearing protofibrils and rapidly clearing plaque. With continuous administration, LEQEMBI clears highly toxic protofibrils* which can continue to cause neuronal injury even after amyloid-beta (Aβ) plaque has been cleared from the brain. Long-term three-year LEQEMBI data presented at the Alzheimer’s Association International Conference (AAIC) 2024 suggest that early and continuing treatment may prolong the benefit of therapy even after plaque is cleared from the brain.4The SC-AI is expected to be simple and easy for patients and their care partners to use, and may reduce the need for hospital or infusion site visits and nursing care for IV administration, which will make it easier to continue maintenance administration and may contribute to further simplifying the treatment pathway for AD.LEQEMBI is approved in the U.S., Japan, China, South Korea, Hong Kong, Israel, UAE, Great Britain, Mexico, and Macau. In November 2024, the treatment received a positive opinion from the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) recommending approval. Eisai has submitted applications for approval of lecanemab in 17 countries and regions. The US FDA accepted Eisai’s Supplemental Biologics License Application (sBLA) for monthly LEQEMBI IV maintenance dosing in June 2024 and set a PDUFA action date for January 25, 2025.Eisai serves as the lead for lecanemab’s development and regulatory submissions globally with Eisai and Biogen co-commercializing and co-promoting the product and Eisai having final decision-making authority.*Protofibrils are believed to contribute to the brain injury that occurs with AD and are considered to be the most toxic form of Aβ, having a primary role in the cognitive decline associated with this progressive, debilitating condition.5 Protofibrils cause injury to neurons in the brain, which in turn, can negatively impact cognitive function via multiple mechanisms, not only increasing the development of insoluble Aβ plaques but also increasing direct damage to brain cell membranes and the connections that transmit signals between nerve cells or nerve cells and other cells. It is believed the reduction of protofibrils may prevent the progression of AD by reducing damage to neurons in the brain and cognitive dysfunction.6 INDICATIONLEQEMBI® [(lecanemab-irmb) 100 mg/mL injection for intravenous use] is indicated for the treatment of Alzheimer’s disease (AD). Treatment with LEQEMBI should be initiated in patients with mild cognitive impairment (MCI) or mild dementia stage of disease, the population in which treatment was initiated in clinical trials.CONTRAINDICATIONLEQEMBI is contraindicated in patients with serious hypersensitivity to lecanemab-irmb or to any of the excipients of LEQEMBI. Reactions have included angioedema and anaphylaxis.WARNINGS AND PRECAUTIONS AMYLOID-RELATED IMAGING ABNORMALITIESMedications in this class, including LEQEMBI, can cause ARIA-E, which can be observed on MRI as brain edema or sulcal effusions, and ARIA-H, which includes microhemorrhage and superficial siderosis. ARIA can occur spontaneously in patients with AD, particularly in patients with MRI findings suggestive of cerebral amyloid angiopathy (CAA), such as pretreatment microhemorrhage or superficial siderosis. ARIA-H generally occurs with ARIA-E. Reported ARIA symptoms may include headache, confusion, visual changes, dizziness, nausea, and gait difficulty. Focal neurologic deficits may also occur. Symptoms usually resolve over time.Incidence of ARIASymptomatic ARIA occurred in 3% and serious ARIA symptoms in 0.7% with LEQEMBI. Clinical ARIA symptoms resolved in 79% of patients during the period of observation. ARIA, including asymptomatic radiographic events, was observed: LEQEMBI, 21%; placebo, 9%. ARIA-E was observed: LEQEMBI, 13%; placebo, 2%. ARIA-H was observed: LEQEMBI, 17%; placebo, 9%. No increase in isolated ARIA-H was observed for LEQEMBI vs placebo.Incidence of ICHICH >1 cm in diameter was reported in 0.7% with LEQEMBI vs 0.1% with placebo. Fatal events of ICH in patients taking LEQEMBI have been observed.Risk Factors of ARIA and ICHApoE ε4 Carrier StatusOf the patients taking LEQEMBI, 16% were ApoE ε4 homozygotes, 53% were heterozygotes, and 31% were noncarriers. With LEQEMBI, ARIA was higher in ApoE ε4 homozygotes (LEQEMBI: 45%; placebo: 22%) than in heterozygotes (LEQEMBI: 19%; placebo: 9%) and noncarriers (LEQEMBI: 13%; placebo: 4%). Symptomatic ARIA-E occurred in 9% of ApoE ε4 homozygotes vs 2% of heterozygotes and 1% of noncarriers. Serious ARIA events occurred in 3% of ApoE ε4 homozygotes and in ~1% of heterozygotes and noncarriers. The recommendations on management of ARIA do not differ between ApoE ε4 carriers and noncarriers.Radiographic Findings of CAANeuroimaging findings that may indicate CAA include evidence of prior ICH, cerebral microhemorrhage, and cortical superficial siderosis. CAA has an increased risk for ICH. The presence of an ApoE ε4 allele is also associated with CAA.The baseline presence of at least 2 microhemorrhages or the presence of at least 1 area of superficial siderosis on MRI, which may be suggestive of CAA, have been identified as risk factors for ARIA. Patients were excluded from Clarity AD for the presence of >4 microhemorrhages and additional findings suggestive of CAA (prior cerebral hemorrhage >1 cm in greatest diameter, superficial siderosis, vasogenic edema) or other lesions (aneurysm, vascular malformation) that could potentially increase the risk of ICH.Concomitant Antithrombotic or Thrombolytic MedicationIn Clarity AD, baseline use of antithrombotic medication (aspirin, other antiplatelets, or anticoagulants) was allowed if the patient was on a stable dose. Most exposures were to aspirin. Antithrombotic medications did not increase the risk of ARIA with LEQEMBI. The incidence of ICH: 0.9% in patients taking LEQEMBI with a concomitant antithrombotic medication vs 0.6% with no antithrombotic and 2.5% in patients taking LEQEMBI with an anticoagulant alone or with antiplatelet medication such as aspirin vs none in patients receiving placebo.Fatal cerebral hemorrhage has occurred in 1 patient taking an anti-amyloid monoclonal antibody in the setting of focal neurologic symptoms of ARIA and the use of a thrombolytic agent.Additional caution should be exercised when considering the administration of antithrombotics or a thrombolytic agent (e.g., tissue plasminogen activator) to a patient already being treated with LEQEMBI. Because ARIA-E can cause focal neurologic deficits that can mimic an ischemic stroke, treating clinicians should consider whether such symptoms could be due to ARIA-E before giving thrombolytic therapy in a patient being treated with LEQEMBI.Caution should be exercised when considering the use of LEQEMBI in patients with factors that indicate an increased risk for ICH and, in particular, patients who need to be on anticoagulant therapy or patients with findings on MRI that are suggestive of CAA.Radiographic Severity With LEQEMBIMost ARIA-E radiographic events occurred within the first 7 doses, although ARIA can occur at any time, and patients can have >1 episode. Maximum radiographic severity of ARIA-E with LEQEMBI was mild in 4%, moderate in 7%, and severe in 1% of patients. Resolution on MRI occurred in 52% of ARIA-E patients by 12 weeks, 81% by 17 weeks, and 100% overall after detection. Maximum radiographic severity of ARIA-H microhemorrhage with LEQEMBI was mild in 9%, moderate in 2%, and severe in 3% of patients; superficial siderosis was mild in 4%, moderate in 1%, and severe in 0.4% of patients. With LEQEMBI, the rate of severe radiographic ARIA-E was highest in ApoE ε4 homozygotes (5%) vs heterozygotes (0.4%) or noncarriers (0%). With LEQEMBI, the rate of severe radiographic ARIA-H was highest in ApoE ε4 homozygotes (13.5%) vs heterozygotes (2.1%) or noncarriers (1.1%).Monitoring and Dose Management GuidelinesBaseline brain MRI and periodic monitoring with MRI are recommended. Enhanced clinical vigilance for ARIA is recommended during the first 14 weeks of treatment. Depending on ARIA-E and ARIA-H clinical symptoms and radiographic severity, use clinical judgment when considering whether to continue dosing or to temporarily or permanently discontinue LEQEMBI. If a patient experiences ARIA symptoms, clinical evaluation should be performed, including MRI if indicated. If ARIA is observed on MRI, careful clinical evaluation should be performed prior to continuing treatment.HYPERSENSITIVITY REACTIONSHypersensitivity reactions, including angioedema, bronchospasm, and anaphylaxis, have occurred with LEQEMBI. Promptly discontinue the infusion upon the first observation of any signs or symptoms consistent with a hypersensitivity reaction and initiate appropriate therapy.INFUSION-RELATED REACTIONS (IRRs)IRRs were observed—LEQEMBI: 26%; placebo: 7%—and most cases with LEQEMBI (75%) occurred with the first infusion. IRRs were mostly mild (69%) or moderate (28%). Symptoms included fever and flu-like symptoms (chills, generalized aches, feeling shaky, and joint pain), nausea, vomiting, hypotension, hypertension, and oxygen desaturation.In the event of an IRR, the infusion rate may be reduced or discontinued, and appropriate therapy initiated as clinically indicated. Consider prophylactic treatment prior to future infusions with antihistamines, acetaminophen, nonsteroidal anti-inflammatory drugs, or corticosteroids. ADVERSE REACTIONSThe most common adverse reactions reported in ≥5% with LEQEMBI and ≥2% higher than placebo were IRRs (LEQEMBI: 26%; placebo: 7%), ARIA-H (LEQEMBI: 14%; placebo: 8%), ARIA-E (LEQEMBI: 13%; placebo: 2%), headache (LEQEMBI: 11%; placebo: 8%), superficial siderosis of central nervous system (LEQEMBI: 6%; placebo: 3%), rash (LEQEMBI: 6%; placebo: 4%), and nausea/vomiting (LEQEMBI: 6%; placebo: 4%). Copyright 2025 JCN Newswire via SeaPRwire.com.
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18th Asian Financial Forum wraps up successfully JCN Newswire

18th Asian Financial Forum wraps up successfully

- The 18th Asian Financial Forum (AFF) ended successfully today, drawing 3,600+ policymakers and business leaders from more than 50 countries and regions to discuss the latest developments in financial markets and investment opportunities- The event focused on how Hong Kong’s position as an international financial centre can be leveraged to navigate and adapt during a period of change, paving the way for more high-profile conferences and exhibitions in the year ahead- More than 700 one-on-one AFF Deal-making meetings were held on-site, connecting funds and investment projects from around the world- On-site polling indicated that generative AI-led innovation (41.6%) and non-AI innovation, including digital infrastructure & healthcare (23%), were seen by most participants as the most critical growth engines in Asia Pacific.HONG KONG, Jan 14, 2025 - (ACN Newswire via SeaPRwire.com) – The 18th Asian Financial Forum (AFF), co-organised by the Hong Kong Special Administrative Region (HKSAR) Government and the Hong Kong Trade Development Council (HKTDC), successfully wrapped up today under the theme “Powering the Next Growth Engine”. This year’s forum attracted over 3,600 global financial and business elites from more than 50 countries and regions. The event leveraged Hong Kong’s role as an international financial centre to strengthen the international communication platform, foster multilateral cooperation and promote mutually beneficial outcomes. Three high-level Mainland China officials attended the Opening Session of the AFF yesterday, including Zhou Ji, Executive Vice Director of the Hong Kong and Macao Affairs Office of the State Council of the People's Republic of China and Hong Kong and Macao Affairs Office of the State Council; Dr Pan Gongsheng, Governor of the People's Bank of China; and Liu Zhenmin, Special Envoy for Climate Change of China.As the year’s first large-scale international financial and business event in the region, the atmosphere at the AFF was vibrant and charged with a positive energy. The forum showcased emerging perspectives across the diverse sessions, all of which were well-attended and well-received by speakers and audiences alike. Leaders from around the world actively engaged in discussion throughout the two-day event, with more than 130 policymakers, international financial and multilateral organisation representatives, financial institutions, and global corporate leaders joining as speakers.The speaker at the Keynote Luncheon on the first day of this year’s AFF was Prof Justin Lin Yifu, Chief Economist and Senior Vice President of the World Bank (2008-2012), who delivered an in-depth analysis of the shifting global economic landscape. Prof Lin pointed out: “In terms of purchasing power, China has the largest domestic market in the world. I think China can reach a 4.5 % growth rate on the average annually between 2019 and 2049. Thus China will continue to contribute around 30% of growth to the world every year. It’s good not only for China, but also will be the most important asset of Hong Kong in the coming years.”Keynote Luncheon today focused on AI: Future Industries and Implications, with Prof Stuart Russell, Co-chair of the World Economic Forum's Council on AI, sharing his insights into the development, application and governance of generative AI. Prof Russell said: “We could build AI systems that are guaranteed to further human interests but we aren’t. Some may worry that the machines that we are building will become conscious and lose control, but competence should actually be the topic that we worry about. As history shows, we cause species to become extinct due to our competence, not our consciousness. We are training them to have human-like objectives, and that is a fundamental mistake. I am hoping that if we design the AI system well enough, they themselves will refuse to contribute to the enfeeblement of the human race.” Another AI expert, Dr Kai-Fu Lee, Chairman of Sinovation Ventures, also addressed the transformative power of AI and its impact on technological advancements in the global business ecosystem during a dialogue session.In alignment with the HKSAR Government's initiatives to promote sustainable development in Hong Kong, sustainability emerged as a key focus at the forum. A session yesterday featured experts including Sue Lloyd, Vice Chair of the International Sustainability Standards Board (ISSB), who delved into the adoption of financial disclosure standards to enhance confidence in Hong Kong's capital markets. Today saw more discussions related to sustainable development, including a Breakfast Panel dedicating to transition finance and two more sessions – on sustainable investment and Post-COP29 Implementation: Enhance Climate Ambition and Enable Financing Action – at which Liu Zhenmin, Special Envoy for Climate Change of China, gave remarks.This afternoon saw the debut of the Gulf Cooperation Council Chapter, jointly organised by the AFF and the Gulf Cooperation Council (GCC). Christopher Hui, Secretary for Financial Services and the Treasury of the HKSAR Government, and HE Jasem Mohamed AlBudaiwi, Secretary General of the Cooperation Council for the Arab States of the Gulf, delivered keynote remarks. Financial officials and representatives from Oman, Qatar, Saudi Arabia and the United Arab Emirates joined industry leaders from Hong Kong to share updates on economic developments in the Gulf region, highlight future investment opportunities, and examine ways to strengthen financial cooperation and investment between the member states of the GCC and Hong Kong.In addition, pioneers from a range of industries actively participated in sessions such as CIO Insights, Dialogues for Tomorrow and Global Spectrum, focusing on hot topics ranging from fintech and capital markets to female entrepreneurship and philanthropy. One of the heavyweight speakers at this year’s AFF was Joe Tsai, Chairman of the Alibaba Group, who shared his views at a fireside chat moderated by Ronnie Chan, Honorary Chair, Hang Lung Properties Limited on how large companies spur economic development in a session titled Global Spectrum – The Role of Large Companies in Supporting Start-ups and Social Enterprises.Views on mainland and overseas industries and environmental economies tracked on-siteReal-time polling was conducted during the forum to gauge participants’ views on various topics, such as the global economic outlook and China opportunities. It indicated that generative AI-led innovation (41.6%) and non-AI innovation, including digital infrastructure & healthcare (23%), were seen by participants as the most critical growth engines in the Asia Pacific region. Meanwhile, generative AI (31.4%) and advanced manufacturing (20%) were seen as the most promising growth sectors in Mainland China.More than 700 one-on-one matching meetings facilitated on-site over two daysThis year’s AFF Deal-making, co-organised by the HKTDC and the Hong Kong Venture Capital and Private Equity Association (HKVCA), brought together more than 270 investors and over 560 investment projects with more than 700 one-on-one meetings held, covering a wide spectrum of sectors such as fintech, healthtech, deep tech, consumer goods, infrastructure and real estate, environment, energy and environmental technology. The meetings helped to connect funds and investment projects from across the globe.As always, the AFF featured several exhibition zones, set up with the aim of creating business connections and promoting networking, including the Fintech Showcase, Fintech HK Startup Salon, the InnoVenture Salon, and the Global Investment Zone. These zones featured more than 140 exhibitors including international financial institutions, technology companies, start-ups, investment promotion agencies and sponsors such as AFF Knowledge Partner EY, along with HSBC, Bank of China (Hong Kong), Standard Chartered Bank, UBS, Prudential, China International Capital Corporation (CICC) and Huatai International and more.Three other events ran concurrently with the AFF across the two days. The Hong Kong International Fundraising Roundtable 2025 yesterday convened C-suite leaders from overseas and mainland enterprises with Hong Kong's financial and professional service providers to address pressing financing and fundraising needs. The Malaysia–Hong Kong Islamic Finance Roundtable, co-organised with Malaysia International Islamic Financial Centre (MIFC) Leadership Council, facilitated the development of cross-border financial activities between Hong Kong and Islamic economies represented by Malaysia. Additionally, the Family Office Symposium, co-organised with the Private Wealth Management Association (PWMA), spotlighted Hong Kong’s advantages as a premier family office destination and explored current investment trends.The Asian Financial Forum was a signature event of 2025 International Financial Week (IFW), which runs from 13 to 17 January and brings together more than 20 partner events to create synergies in the industry. These events cover many topics of global interest to the financial and business community, including private equity, family offices, net zero investing and generative AI, among others. This week of events helps underscore the importance of Hong Kong as an international financial hub.Websites- Asian Financial Forum: https://www.asianfinancialforum.com/conference/aff/en- Programme: https://www.asianfinancialforum.com/conference/aff/en/programme- Speaker list: https://www.asianfinancialforum.com/conference/aff/en/speakerAFF 2025 video footage: AFF 2025 footagePhoto download: https://bit.ly/4jdMdCQhttps://www.uphoto.cn/album_ia1082272835.htmlThe 18th Asian Financial Forum, co-organised by the HKSAR Government and the HKTDC, successfully wrapped up today, enjoying the participation of over 3,600 financial and business elites and creating a dynamic atmosphere for exchange and sharing on Hong Kong’s future development landscape. Christopher Hui (left), Secretary for Financial Services and the Treasury of the HKSAR Government, moderated the Plenary SessionProf Justin Lin Yifu, Chief Economist and Senior Vice President of the World Bank (2008-2012), delivered a keynote addressDistinguished speaker, Prof Stuart Russell, Co-chair of the World Economic Forum's Council on AI, shared his insights on the development, application, and governance of generative AI at today’s Keynote LuncheonJoe Tsai, Chairman of the Alibaba Group, shared his views on how large companies spur economic development in a session titled “Global Spectrum – The Role of Large Companies in Supporting Start-ups and Social Enterprises”The afternoon session today marked the debut of the Gulf Cooperation Council Chapter, jointly organised by the AFF and the Gulf Cooperation Council (GCC). HE Jasem Mohamed AlBudaiwi, Secretary General of the Cooperation Council for the Arab States of the Gulf, delivered keynote remarksMore than 700 one-on-one meetings were facilitated in this year’s AFF Deal-making, connecting global funds with investment opportunities and involving over 270 investors and over 560 projectsThree other events ran concurrently with AFF, including the Malaysia–Hong Kong Islamic Finance RoundtableThis year, the AFF collaborated with various organisations to provide special travel, dining and shopping discounts and privileges for overseas participants joining the event. Activities include Peak Tram and Sky Terrace trips, the iconic Aqua Luna red-sail junk boat, and guided tours of Man Mo Temple and Tai Kwun arranged by the Hong Kong Tourism BoardMedia enquiriesYuan Tung Financial Relations Limited:Agnes YiuTel: (852) 3428 5690Email: ayiu@yuantung.com.hkLouise SongTel: (852) 3428 5691Email: lsong@yuantung.com.hkHKTDC’s Communications & Public Affairs Department:Clayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@hktdc.orgKaty WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. Copyright 2025 JCN Newswire via SeaPRwire.com.
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Honda Civic Hybrid Named 2025 North American Car of the Year, Making Civic the Most Honored Model in the History of the Award JCN Newswire

Honda Civic Hybrid Named 2025 North American Car of the Year, Making Civic the Most Honored Model in the History of the Award

Detroit, Michigan, Jan 13, 2025 - (JCN Newswire via SeaPRwire.com) - The new Honda Civic hybrid, the electrified variant of America's most popular compact car, has been honored with the prestigious 2025 North American Car of the Year™ award. It’s a record-setting fourth win for the Honda Civic, which has won more NACOTY honors than any other nameplate in the over 30-year history of the award. The win also marks the second honor for the 11th-generation Civic and the seventh time a Honda vehicle has received a North American Car or Truck of the Year™ award – Honda Civic (2006, 2016, 2022 and 2025), Honda Ridgeline (2006 and 2017) and Honda Accord (2018)."We are honored to have leading automotive journalists select the Honda Civic hybrid as the North American Car of the Year™,” said Jessika Laudermilk, assistant vice president of Honda Auto Sales. "Our fun-to-drive hybrid-electric models are a key part of our Honda electrification strategy, and sales of the new Civic hybrid will ultimately represent about 40% of Civic sales."The North American Car, Utility and Truck of the Year™ awards honor excellence in innovation, design, safety features, performance, technology, driver satisfaction and value. Initiated in 1994, vehicles are judged by 50 professional automotive journalists from the United States and Canada who work for independent magazines, television, radio, newspapers, and industry websites. 2025 Honda Civic HybridPositioned at the top of the refreshed 2025 Honda Civic lineup, the new Civic hybrid, offered for the first time as either a sedan or hatchback, combines the fun-to-drive spirit of Civic with the award-winning Honda two-motor hybrid-electric system.With a combined 200 horsepower and an impressive 232 lb.-ft. of torque, the new Civic Sport Hybrid and Sport Touring Hybrid are the most powerful non-Type R Civics ever. Featuring two large and powerful electric motors, the Honda two-motor hybrid system gives Civic hybrid quick, effortless acceleration with outstanding EPA fuel economy ratings – including a 50-mpg city rating for Civic Sedan Sport and Sport Touring hybrids1.To further amplify the legendary fun-to-drive spirit and class-leading ride comfort of Civic, the ride and handling dynamics have been optimized with unique spring and damper tuning, and a special tire developed for Civic hybrid. Hybrid-electric trims also enjoy the highest levels of cabin quietness and ride comfort in the Civic lineup, with a robust noise reduction package that includes Active Noise Control on all hybrids, and wheel resonators on Sport Touring.Civic is the longest-running Honda automotive nameplate and one of the top three best-selling passenger cars in America over the past 52 years2. Honda has sold over 15 million Civics in North America since 1973, and the 11th-generation Civic is an unparalleled success. Serving as the gateway to the Honda brand, it's America's most popular vehicle with not only Gen Z buyers, but also first-time new car buyers as well as multicultural customers3. Honda Two-Motor Hybrid SystemHonda is celebrating 25 years of hybrid sales in America. Honda began sales of the first-generation Honda Insight, America's first mass-production hybrid-electric passenger vehicle, in December of 1999.The new fourth-generation Honda two-motor hybrid system that powers Civic hybrid models maximizes efficiency without compromising dynamic performance or passenger and cargo space to deliver a sportier and more pleasant driving experience with exceptional fuel economy ratings.Variants of the two-motor hybrid system are also available in the Honda Accord and CR-V and represent more than 50% of Accord and CR-V sales.Praised for its power, efficiency and refinement by the editors at WardsAuto, the Honda two-motor hybrid system powering the 2025 Honda Civic Sedan and Hatchback received a "Wards 10 Best Engines & Propulsion Systems" award. This was the second year in a row the Honda hybrid-electric powertrain has received this prestigious honor.Hybrid-electric System Made in OhioThe new fourth-generation Honda two-motor hybrid-electric power unit is built* by associates at the Honda Transmission Plant in Ohio. It is paired with an all-new 2.0-liter Atkinson-cycle four-cylinder engine made at the Anna Engine Plant in Ohio. All major components in the engine have been redesigned and improved including the block, which now features stronger main bearing caps, cylinder head, crank, connecting rods and camshafts. These components are manufactured at the Anna Engine Plant for the first time, improving production efficiencies and increasing capacity.Honda Civic ManufacturingHonda has produced* nearly 12 million Civics in North America, including more than five million in the United States, accounting for more than a quarter of Honda vehicle production in the region since Honda began making cars in America in 1982. The 11th-generation Civic continues to build on that legacy with production* of the Civic Sedan in Alliston, Ontario, Canada, and Civic Hatchback at the company's Greensburg, Indiana plant. Both plants produce Civic hybrid models.*using domestic and globally-sourced partsLearn more about the Honda Civic hybrid here.About HondaHonda offers a full line of clean, safe, fun and connected vehicles sold through more than 1,000 independent U.S. Honda dealers. The award-winning Honda lineup includes the Civic and Accord, along with the HR-V, CR-V, Passport, Prologue and Pilot sport utility vehicles, the Ridgeline pickup, and the Odyssey minivan. The Honda electrified vehicle lineup, representing more than a quarter of total sales in 2024, includes the all-electric Prologue SUV, hybrid-electric Accord, CR-V, and Civic, and Fuel-Cell-electric CR-V e:FCEV, with a hybrid Prelude set to join the lineup in late 2025.Honda has been producing automobiles in America for over 40 years and currently operates 18 major manufacturing facilities in North America. In 2023, more than 99% of all Honda vehicles sold in the U.S. were made in North America, with about two-thirds made in America, using domestic and globally sourced parts.More information about Honda is available in the Digital FactBook. Source: Wards Intelligence cumulative U.S. light vehicle sales among passenger cars, 1974-2023CY.(1) 2025 Civic Hybrid EPA fuel economy ratings (City/Highway/Combined): Sedan: 50/47/49; Hatchback: 50/45/48; Use for comparison purposes only; your mileage will vary depending on how you drive and maintain your vehicle, driving conditions, battery pack age/condition and other factors.(2) Based on total sales data from WardsAuto and Sales Flash 1973-2024CYTD October(3) Based on Strategic Vision's New Vehicle Experience Study 2021-2023. Copyright 2025 JCN Newswire via SeaPRwire.com.
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Honda 2025 Motorsports Program Overview JCN Newswire

Honda 2025 Motorsports Program Overview

TOKYO, Jan 10, 2025 - (JCN Newswire via SeaPRwire.com) - Honda announced its motorsports participation plans for the 2025 season.Since first entering the Isle of Man TT races in 1959, with company founder Soichiro Honda’s passion to become the world’s number one in technology, Honda has continued to participate in various motorcycle and automobile races around the world. Many riders and drivers from yesteryear have competed on the world stage, and no matter how many times they have faced challenges, have overcome and accumulated victories by pushing on, undaunted. In 2025, Honda will continue to strengthen this challenging spirit and develop motorsports activities with the riders, drivers, and people who fight alongside Honda.Motorcycle motorsports activitiesIn 2024, Honda won the Dakar Rally 2024, a world championship in which it competes as a factory team, for the first time in three years, and also won the Suzuka 8 Hours Endurance Road Race for the third consecutive year. It also won both the FIM*1 Trial World Championship and the FIM X-Trial World Championship, setting a new record of 36 consecutive titles over both series. On the other hand, Honda had a difficult year in the MotoGP class of the FIM Road Racing World Championship.For 2025 in the MotoGP class, Honda will further strengthen its development system, including testing, in order to break out of its current situation. 2024 MotoGP riders Takaaki Nakagami and Aleix Espargaró will join the development team to accelerate development to enhance the RC213V’s competitiveness. The factory team will be named “Honda HRC” and will field two RC213Vs. For the satellite teams, Honda LCR will continue to race in 2025.In the FIM Superbike World Championship, the factory team Honda HRC will continue to compete with two upgraded and more competitive CBR1000RR-R FIREBLADE SP racing bikes.In the FIM Motocross World Championship, Honda will aim to regain the championship title in the MXGP class for the first time in three years through enhancing the competitiveness of the CRF450R and the team.In the FIM Trial World Championship TrialGP class and FIM X-Trial World Championship, Toni Bou will aim to extend his record to 19th consecutive victories in both championships. Honda is also striving for back-to-back championships in the Dakar Rally 2025 currently being held in Saudi Arabia.Honda aims to achieve carbon neutrality in all of its motorcycle products in the 2040s, and while continuing to work on the evolution of the internal combustion engine (ICE), is also working on the electrification of motorcycles as a key element of its future environmental strategy. In motorsports, last year Honda participated in the FIM E-Xplorer World Cup with the CR ELECTRIC PROTO. In addition, it entered three rounds of the MFJ*2 All Japan Trial Championship as a wildcard entry with the RTL ELECTRIC. Its development rider Takahisa Fujinami took three consecutive wins.The RTL ELECTRIC will compete on a new stage in 2025, in the Trial World Championship Trial2 class.Automobile motorsports activitiesIn 2024, Honda provided technical and marketing support to Oracle Red Bull Racing (RBR) and Visa Cash App RB Formula One Team (RB) as team partners in the FIA*3 Formula One World Championship (F1). Honda Racing Corporation (HRC) provided technical support by manufacturing power unit (PU) components other than the ESS*4, which were supplied to Red Bull Powertrains*5, and supporting PU operations throughout the season, thus contributing to Max Verstappen’s fourth consecutive Drivers' Championship title.The partnership between RBR, RB, and Honda, which set a new record in F1 history with 21 wins in the 22 races in the 2023 season, is entering its final year. In 2025, HRC will do its utmost to help win the championship together with the teams. HRC will also continue to support the activities of Yuki Tsunoda, who is entering his fifth year in F1.In Japan domestic racing, in 2024, DOCOMO TEAM DANDELION RACING, with drivers Tadasuke Makino and Kakunoshin Ohta, won the Teams’ Championship in the Japanese SUPER FORMULA Championship with four wins. In 2025, the team will continue to fight for the top, including the Driver's Championship. In the SUPER GT Series*6, Honda introduced the new CIVIC TYPE R-GT based on the CIVIC TYPE R in the GT500 class, resulting in STANLEY TEAM KUNIMITSU's Naoki Yamamoto and Tadasuke Makino finishing 2024 in second place in the standings. They will continue their challenge to win the championship in 2025. In addition, Shun Koide, who won the Japanese SUPER FORMULA LIGHTS Championship (SUPER FORMULA LIGHTS), will be racing in the GT500 class with Astemo REAL RACING.In North America, Honda Racing Corporation USA (HRC US) will supply power units to five teams competing in the IndyCar Series. In addition, two Acura-branded ARX-06 cars supplied by HRC US will compete in the GTP class, the pinnacle category in the IMSA*7 WeatherTech SportsCar Championship. HRC US engineers will take on a major part of the team operations for the #93 car, expanding the role of HRC US and accelerating both human resource and technical development. In addition, driver Kakunoshin Ohta will participate in three events with the team, including the 24 Hours of Daytona.(1) FIM: Fédération Internationale de Motocyclisme(2) MFJ: Motorcycle Federation of Japan(3) FIA: Fédération Internationale de l'Automobile(4) ESS: Energy Storage System, a battery system that stores regenerated electrical energy.(5) Manufacturer of PUs for Red Bull Group F1 teams. Conducts ESS production and operation for current PUs.(6) Supervised and operated by GTA Co., Ltd.(7) IMSA: International Motor Sports AssociationFor more information, visit https://global.honda/en/newsroom/news/2025/c250110eng.html. Copyright 2025 JCN Newswire via SeaPRwire.com.
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TOYOTA GAZOO Racing Exhibiting at Tokyo Auto Salon 2025 JCN Newswire

TOYOTA GAZOO Racing Exhibiting at Tokyo Auto Salon 2025

Toyota City, Japan, Jan 10, 2025 - (JCN Newswire via SeaPRwire.com) - TOYOTA GAZOO Racing (TGR) announced today that it is exhibiting at the three-day Tokyo Auto Salon 2025*1 being held at Makuhari Messe (in Chiba, Japan) from January 10 (today) to 12, 2025, mainly displaying vehicles and vehicle parts under the main theme of "Car-making at Nürburgring", which is the starting point of TGR and Chairman Akio Toyoda, aka Master Driver Morizo.This year, along with Daihatsu Motor Co., Ltd., TGR is exhibiting at Makuhari Messe's North Hall. TGR's booth will include the "LAND CRUISER BASE" display for promoting the fun of customizing the Toyota Land Cruiser, hitherto put on by Toyota Auto Body Co., Ltd. This coming together by members of the Toyota Group aims to boost excitement at Tokyo Auto Salon 2025.During the event's three days, TGR plans to hold talk sessions featuring drivers, engineers, and others, as well as outdoor vehicle demo runs. Detailed information on the talk sessions, the demo runs, exhibited vehicles, and others can be found on the following special website. URL: https://toyotagazooracing.com/eventexhibition/tokyoautosalon/Main vehicles and other exhibited items at Tokyo Auto Salon 2025Underlined items indicate items detailed in this press release.Making ever-better motorsports-bred carsGR YARIS (NÜR 24h)TGR boothGR YARIS M ConceptGR YARIS Aero Package (prototype)Nürburgring 24 Hours endurance race vehiclesTOYOTA SUPRA (NÜR training car)TOYOTA ALTEZZA #109 (2007 NÜR 24h)LEXUS LFA #48 (2014 NÜR 24h)TOYOTA 86 #86 (2014 NÜR 24h)GR SUPRA #90 (2019 NÜR 24h)MORIZO GarageCOROLLA (1966)R360 COUPE (1960)SUBARU 360 (1967)MIDGET (1962)LAND CRUISER BASELAND CRUISER (BJ)LAND CRUISER 70 Overseas CustomLAND CRUISER 300 GR SPORT Dakar Rally 2025 specifications vehicleDemo-run vehiclesGR COROLLA Rally ConceptOutdoor venue (GR COROLLA Rally Concept scheduled for display on January 12)GR Yaris Rally2Celica GT-FOUR ST185For the full press release, visit https://global.toyota/en/newsroom/corporate/42006085.html.About TOYOTA GAZOO ROOKIE RacingROOKIE Racing is a privateer team that focuses on making ever-better cars and developing human resources through the skills and dedication of various drivers, including Toyota's master driver, professional drivers, gentleman drivers, and Toyota's in-house evaluation drivers. TGR and ROOKIE Racing's hitherto relationship was one of TGR taking the lead in car manufacturing and human resource development, with ROOKIE Racing being a privateer team that competes in motorsports as part of such TGR activities.Going forward, TGR and ROOKIE Racing will work together under the banner of "TOYOTA GAZOO ROOKIE Racing" as "development partners who engage with cars and people on the front line, using driving data from races and other extreme conditions as a common language" to take the making of ever-better motorsports-bred cars and human resources development to the next level.Specifically, TOYOTA GAZOO ROOKIE Racing intends to hone the GR YARIS (NÜR 24h) in the NLS and the GR YARIS M Concept in the Super Taikyu Series.About TGR's global motorsports structureThrough such initiatives as its partnership with MoneyGram Haas F1 Team, Hitech TGR's driver development activities in Europe, and the establishment of TOYOTA GAZOO Racing Development, TGR is promoting efforts to hone the three elements of motorsports: people, product, and pipeline. Furthermore, to seamlessly advance the development of people, environments, and systems in motorsports, TGR is strengthening its global motorsports structure by positioning Morizo at the top and assigning two direct-report global directors. It is also bolstering cooperation with related organizations, affiliated companies, racing teams, and TGR's bases of operations in Japan and overseas, as well as promoting people development and environment creation. Copyright 2025 JCN Newswire via SeaPRwire.com.
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Mazda Introduce the All-NEW “Mazda6” Battery EV in Europe JCN Newswire

Mazda Introduce the All-NEW “Mazda6” Battery EV in Europe

HIROSHIMA, Japan, Jan 10, 2025 - (JCN Newswire via SeaPRwire.com) - Mazda Motor Europe, responsible for the European operations of Mazda Motor Corporation (Mazda), today announced the introduction of “Mazda6e,” the all-new Battery EV (BEV) in Europe. Premiered at the Brussels Motor Show 2025 in Belgium on January 10, the Mazda6e will go on sale summer of this year.Mazda6e is the European version of the Mazda EZ-6, the midsize sedan BEV unveiled at the Beijing Auto Show in April 2024. The all-new BEV is designed to attain the driving performance and functionality to meet European customers’ needs.The Mazda6e was developed through the collaboration between Mazda and Changan Automobile Co., Ltd, Mazda’s 20-year partner in China. The Mazda6e BEV boasts Mazda’s signature design, craftsmanship and driving performance, while coming with Changan Automobile’s electrification and smart-cabin technologies.Based on the design theme, “Authentic Modern,” the Mazda6e’s simple and flowing coupe form expresses the automobile’s inherent charm coupled with a novelty unique to electric vehicles. The meticulously-tuned braking and handling performance, which respond linearly to driver input, produce Jinba Ittai—a sense of “car and driver as one.” The Mazda6e also features smart functions, including an intelligent drive system that provides support for the driver as well as accident mitigation technology and smart cabin with voice, touch, and gesture controls, all of which is aimed to raise the bar for safety and convenience.Mazda will continue to pursue the ‘Joy of Driving' under our core Human Centric value, and aim to deliver the 'Joy of Living' by creating moving experiences in our customers' daily lives. Mazda6e SpecificationsDimension (Length x Width x Height)4,921mm × 1,890mm × 1,491mm*Wheelbase2,895mmPowertrainelectric drive (BEV)Battery capacity80kWh/68.8kWhDriving range552km/479km*The height including the roof antenna.About Mazda’s Brand Essence “Celebrate Driving”Mazda's Brand Essence is “Celebrate Driving”. “Celebrate Driving” delivered by Mazda is not just about driving performance. Choosing a Mazda prizes the owner with confidence and pride. Driving a Mazda leading up to urge to take on new challenges. Not just our products but every encounter with Mazda evokes the emotion of motion and makes customers' hearts beat with excitement. All of these are contained in our brand essence of “Celebrate Driving”. For more information, visit https://www.mazda.com/. Copyright 2025 JCN Newswire via SeaPRwire.com.
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Galaxy Payroll: Driving Innovation in Human Resources Management JCN Newswire

Galaxy Payroll: Driving Innovation in Human Resources Management

HONG KONG, Jan 10, 2025 - (ACN Newswire via SeaPRwire.com) – In today’s globalized business environment, companies face intense competition and the constant need to optimize internal processes to enhance efficiency. As a leading provider of business consulting and Employer of Record (EOR) services, Galaxy Payroll Group Limited ("Galaxy Payroll Group" or "Galaxy Payroll," NASDAQ: GLXG) has gained worldwide recognition for its professional services and innovative solutions. Among its offerings, Galaxy Payroll and its Human Resource Information System (HRIS) software stand out as invaluable tools for enterprises in managing human resources. This article provides an analytical perspective on Galaxy Payroll’s contributions and their implications for the evolving payroll outsourcing industry.Payroll Outsourcing Market: Trends and Growth PotentialThe "Payroll Outsourcing Market Report and Forecast 2024-2032" highlights that the global payroll outsourcing market reached a valuation of USD 10.36 billion in 2023. Driven by the demand for efficient payroll management solutions and the growing trend of business process outsourcing, the market is expected to grow at a (CAGR) of 6% between 2024 and 2032, reaching USD 17.59 billion by 2032. Key growth drivers include rising payroll complexity, regulatory compliance requirements, and the need for cost-effective solutions, encouraging businesses to outsource payroll to specialized providers for greater efficiency and accuracy.The report underscores the impact of technological advancements, such as AI, automation, and cloud-based platforms, which enhance payroll processing. Globalization and industry-specific challenges in retail, e-commerce, and IT sectors further propel market expansion, as businesses seek scalable, compliant, and efficient payroll solutions. This trend positions payroll outsourcing providers as essential partners in enabling businesses to streamline operations and achieve strategic goals.Galaxy Payroll: Pioneering Human Resources SolutionsGalaxy Payroll specializes in providing one-stop human resources management solutions. With extensive experience, the company offers tailored services in payroll processing, human resources management, recruitment, employee benefits, tax compliance, and more. By leveraging efficient process management and advanced technologies, Galaxy Payroll helps businesses reduce operational costs, enhance employee satisfaction, and improve overall competitiveness. Recently, Galaxy Payroll Group announced a strategic collaboration with Omni HR, an all-in-one HR management software provider. This partnership aims to redefine employee management by combining Omni HR’s capabilities in supporting the end-to-end employee lifecycle with Galaxy Payroll’s expertise in payroll and HR solutions. Omni HR enables businesses to hire, onboard, manage, and pay employees across Asia and beyond with just a few clicks. By integrating with Omni HR, Galaxy Payroll offers clients enhanced tools to streamline administrative tasks, freeing up valuable time for strategic initiatives and meaningful interactions.Technological Advancements in HRISGalaxy Payroll’s HRIS software exemplifies technological advancement by supporting high levels of customization, allowing businesses to configure the platform to meet specific needs. Whether managing payroll, recruitment, training, or performance evaluations, the HRIS provides personalized solutions for diverse requirements. The software integrates various aspects of human resources management on a unified platform, enabling businesses to manage employee information, payroll, attendance, and performance seamlessly. This integration avoids duplicate data entry, enhances accuracy, and boosts operational efficiency.Advanced automation technologies embedded in the HRIS efficiently handle large volumes of data. Intelligent algorithms automate payroll calculations, report generation, and resource forecasting, significantly reducing manual intervention and operational costs. The HRIS software also assists organizations in maintaining compliance with labor laws, regulations, and internal policies. By accurately managing employee hours, wages, benefits, and tax withholdings, it reduces the risk of legal penalties and financial liabilities, particularly in payroll and EOR responsibilities.Industry Influence of Galaxy PayrollGalaxy Payroll’s solutions optimize human resources management processes, reduce operating costs, and improve corporate competitiveness. These offerings allow businesses to focus on strategic goals while ensuring efficient administrative operations. The company’s commitment to innovation is evident in its integration of advanced technologies and management concepts, setting new benchmarks in human resources management. The HRIS software, in particular, offers cutting-edge tools that redefine efficiency and accuracy in human resources practices. With its EOR services and HRIS software, Galaxy Payroll facilitates seamless human resources management across borders, fostering global business cooperation and communication.Future OutlookGalaxy Payroll Group and its HRIS software hold significant industry advantages and influence. By providing efficient management solutions and technological tools, the company helps businesses enhance efficiency and competitiveness. As human resources management continues to evolve, Galaxy Payroll is poised to play a pivotal role in driving innovation and creating value for enterprises globally. In summary, Galaxy Payroll Group not only offers advanced human resources management tools but also contributes to industry development and innovation. Its leading position and high-quality services are expected to benefit more businesses in the future, setting a standard for excellence in human resources management.About Galaxy Payroll Group LimitedGalaxy Payroll Group Limited is a recognized leader in providing tailored HR and corporate solutions to businesses seeking to expand their operations regionally and internationally. With in-depth expertise in navigating the complexities of international regulations, Galaxy Group offers seamless solutions to support companies in establishing new entities and managing their global business operations. Galaxy Group’s commitment to delivering efficient, cost-effective solutions allows organizations to focus on their core business while addressing the challenges of compliance and market entry in new regions.For enquiry, please contact Intelligent Joy Limited:Rosanne RenPhone:(852)3594 6407Email:pr-team@intelligentjoy.com Copyright 2025 JCN Newswire via SeaPRwire.com.
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JCB unveils a new e-book that empowers merchants and acquirers to harness growth drivers in the European region JCN Newswire

JCB unveils a new e-book that empowers merchants and acquirers to harness growth drivers in the European region

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

Outlander PHEV Tops Canada’s Plug-In Hybrid EV Sales in 2024

TOKYO, Jan 10, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced that the plug-in hybrid electric vehicle (PHEV) model of the Outlander crossover SUV achieved sales of over 14,290 units in Canada in 2024 – a 44% increase from the previous year – and became the best-selling PHEV1 for the second consecutive year.With high customer interest for electrified vehicles and strong demand for 4WDs that enable safe driving in severe winter conditions in Canada, the Outlander PHEV has received high acclaim for its safe, secure and smooth driving performance provided by the twin-motor 4WD and Super-All Wheel Control (S-AWC), as well as its high steering stability realized through the drive modes.Thanks to the strong sales of the Outlander PHEV, Mitsubishi Motors sold a total of 38,921 units in Canada in 2024, marking a 9% increase over 2023.The Outlander PHEV is Mitsubishi Motors’ flagship model which brings together the best of the brand’s electrification and all-wheel control technologies. Serving as an EV for daily use and a hybrid for long trips, the electrified SUV offers drivers quiet, smooth yet powerful acceleration unique to electrified vehicles, along with safe, secure rides in various weather and road conditions.The first-generation Outlander PHEV was launched in January 2013 in Japan as the world's first plug-in hybrid SUV and has been sold in over 60 countries, reaching total sales of over 390,000 units as of the end of last year2.In October 2024, Mitsubishi Motors released an updated model in Japan, which is also scheduled to be introduced in Europe this spring, followed by Australia, New Zealand and North America in due course. Through the use of electrification technologies, including PHEVs, Mitsubishi Motors will continue to strive to help tackle challenges for climate change and energy issues, as well as contribute to the realization of a carbon-neutral society.Desrosiers Automotive Consultants Alternative Propulsion Report for December 2024Based on in-house research.About Mitsubishi MotorsMitsubishi Motors Corporation (TSE:7211) — a member of the Alliance with Renault and Nissan — is a global automobile company based in Tokyo, Japan, which has about 28,000 employees and a global footprint with production facilities in Japan and the ASEAN region. Mitsubishi Motors has a competitive edge in SUVs, pickup trucks and plug-in hybrid electric vehicles, and appeals to ambitious drivers willing to challenge convention and embrace innovation. Since the production of our first vehicle more than a century ago, Mitsubishi Motors has been a leader in electrification — launched the i-MiEV, the world’s first mass-produced electric vehicle in 2009, followed by the Outlander PHEV, the world’s first plug-in hybrid electric SUV in 2013. With a target of increasing the sales ratio of electrified vehicles to 100% by 2035, Mitsubishi Motors will deliver models that embody Mitsubishi Motors-ness and contribute to the realization of a carbon-neutral society.For more information on Mitsubishi Motors, please visit the company's website athttps://www.mitsubishi-motors.com/en/ Copyright 2025 JCN Newswire via SeaPRwire.com.
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Honda Presents World Premiere of Honda 0 Saloon and Honda 0 SUV Prototypes at CES 2025 JCN Newswire

Honda Presents World Premiere of Honda 0 Saloon and Honda 0 SUV Prototypes at CES 2025

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

Honda and Renesas Sign Agreement to Develop High-Performance SoC for Software-Defined Vehicles

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

Mitsubishi Motors to Display Custom Versions of the Triton at Tokyo Auto Salon 2025

TOKYO, Jan 7, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) will exhibit at the Tokyo Auto Salon 2025, one of the world's largest custom car shows, to be held from January 10 until January 12 at Makuhari Messe in Chiba, Japan. A total of eight vehicles will be on display, with the Triton as the centerpiece.The customized versions of the Triton one-ton pickup truck will include a vehicle customized by Hiromi, a Mitsubishi Motors brand ambassador, the winning vehicle from the Triton custom contest held in Japan, and an event vehicle equipped with a DJ booth for dance events hosted by Red Bull Japan Co., Ltd.For the plug-in hybrid electric vehicle (PHEV) model of the Outlander PHEV updated in October last year, a custom concept car inspired by the world of Metal Gear Solid series (by Konami Digital Entertainment Co., Ltd.) will be on display. There will also be a customized model of the Delica D:5 minivan, along with a Triton rally car and Delica D:5 and Delica Mini support cars from Asia Cross Country Rally 2024 (hereafter, AXCR 2024).Brand Ambassador Hiromi’s custom TritonThis customized version of the Triton was made to blend into urban driving environments by taking a pickup truck, characterized by large-diameter wheels and high ground clearance, and lowering it as close to the ground as possible. Its metal-plated parts are matte wrapped to exude a mature vibe.Winning vehicle from the Triton custom contestThe model that wins the Triton custom contest will be on display.Triton event vehicle equipped with DJ boothThis event vehicle was created through partnership with Red Bull Japan Co., Ltd. to provide a sound center for the dance events and other activities they host. The cargo bed of the Triton is equipped with a DJ booth, allowing for actual DJ performances at the events.Outlander PHEV Night Seeker ConceptBased on the Outlander PHEV with its outstanding road handling and functionality as an SUV, this custom concept car features a design inspired by the hit video game series Metal Gear Solid (by Konami Digital Entertainment Co., Ltd.). With a striking harmony between Mitsubishi Motors’ commitment to create cars that reach the destination without fail even on the harshest of roads, and the realistic stealth action of the Metal Gear Solid game series, this car is designed to captivate all generations of users who crave authenticity.Delica D:5 Black Edition Active SeekerBased on the Delica D:5 Black Edition, this car features a gunmetal matte finish with a low saturation green color. Its graphics designed to resemble the topography of Tokachi, Hokkaido, where Mitsubishi Motors’ proving ground is located, gives drivers the feeling of exploring out in the field and inspires a sense of being able to take on any type of adventure.AXCR 2024 Triton rally carThis rally car is based on the Triton, which debuted globally in 2023, and has been modified according to the Fédération Internationale de l'Automobile Group T1 specifications (modified cross-country vehicle). Reflecting on the results from the previous year's participation, its power performance has been further enhanced to compete with high-displacement rivals on high-speed stages. Additionally, the vehicle's off-road capability has been significantly improved by widening the tread and changing the rear suspension from a leaf spring system to a four-link rigid system with coil springs. This allows the Triton to maintain its good balance while also excelling in off-road speed.AXCR 2024 Delica D:5 support carLeveraging the Delica D:5’s robustness, maneuverability and road handling, this support car is equipped with a lift-up suspension, off-road tires, and an aluminum engine guard to improve its off-road capabilities. During AXCR 2024, it successfully supported Team Mitsubishi Ralliart by comfortably and reliably navigating a tough course of over 2,000 km across seven days.AXCR 2024 Delica Mini support carDebuting in the AXCR 2024, the Delica Mini support car is equipped with a lift-up suspension, all-terrain tires, and an engine guard to enhance its off-road capabilities. Despite being a kei-car, it successfully completed the entire rally course of over 2,000 km, which included flat dirt and muddy roads, supporting the team throughout.Mitsubishi Motors’ special website for Tokyo Auto Salon 2025 (in Japanese only)www.mitsubishi-motors.co.jp/carlife/autosalon/tas2025/Triton Custom Contest special website (in Japanese only)www.mitsubishi-motors.co.jp/carlife/autosalon/tcc2024/About Mitsubishi MotorsMitsubishi Motors Corporation (TSE:7211) — a member of the Alliance with Renault and Nissan — is a global automobile company based in Tokyo, Japan, which has about 28,000 employees and a global footprint with production facilities in Japan and the ASEAN region. Mitsubishi Motors has a competitive edge in SUVs, pickup trucks and plug-in hybrid electric vehicles, and appeals to ambitious drivers willing to challenge convention and embrace innovation. Since the production of our first vehicle more than a century ago, Mitsubishi Motors has been a leader in electrification — launched the i-MiEV, the world’s first mass-produced electric vehicle in 2009, followed by the Outlander PHEV, the world’s first plug-in hybrid electric SUV in 2013. With a target of increasing the sales ratio of electrified vehicles to 100% by 2035, Mitsubishi Motors will deliver models that embody Mitsubishi Motors-ness and contribute to the realization of a carbon-neutral society.For more information on Mitsubishi Motors, please visit the company's website at www.mitsubishi-motors.com/en/ Copyright 2025 JCN Newswire via SeaPRwire.com.
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‘Toyota Woven City,’ a Test Course for Mobility, Completes Phase 1 Construction and Prepares for Launch JCN Newswire

‘Toyota Woven City,’ a Test Course for Mobility, Completes Phase 1 Construction and Prepares for Launch

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