Toyota Submits Progress Report on Recurrence Prevention Measures JCN Newswire

Toyota Submits Progress Report on Recurrence Prevention Measures

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

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

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

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

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

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

SAN FRANCISCO / MUMBAI, Nov 22, 2024 - (ACN Newswire via SeaPRwire.com) - CleverTap, the all-in-one engagement platform, has been recognized as a 'Strong Performer' in The Forrester Wave(TM): Cross-Channel Marketing Hubs, Q4 2024. The report evaluated 14 top global vendors across 28 criteria, including experience optimization, identity resolution and privacy, customer analytics, and mobile.CleverTap received its highest scores in three key evaluation criteria: experience optimization, mobile, and pricing flexibility and transparency. Moreover, CleverTap is also among the only three vendors, out of the top 14 global providers evaluated, to receive 'above average' customer feedback, which we believe is a testament to the positive feedback from CleverTap customers, signifying trust and loyalty with the brand.Anand Jain, Co-founder and Chief Product Officer, CleverTap said, "At CleverTap, our focus has always been on empowering brands to deliver personalized experiences that resonate deeply with their audiences. And we believe that being recognized as a Strong Performer in the Forrester Wave(TM) CCMH Hubs 2024 report not only validates our commitment but also strengthens our resolve to continue setting new standards in customer engagement and growth."The Forrester Wave(TM) Cross Channel Marketing Hubs, Q4 2024 report states that "CleverTap offers an all-in-one platform for midsize enterprises; larger enterprises should consider its verticalized solutions to complement their Cross-Channel Marketing Hub (CCMH) ecosystem." Customers trust CleverTap; one noted how it understands their tech needs to integrate across marketing, CRM, and operations. The company's vision for inconspicuous engagement, based on customer consent and anticipation, resonates well, as does its view that MarTech should be a living cartography or ecosystem rather than a fixed stack. Additionally, IntelliNODE stands out as an embedded AI copilot that creates a network of experiments and automatically determines winning engagement paths, balancing individual and broader segment optimization.For more insights, you can access your complimentary copy of the report- https://clevertap.com/forrester-wave-cross-channel-marketing-hubs-q4-2024-report/ About CleverTapCleverTap is the leading all-in-one customer engagement platform that helps brands unlock limitless customer lifetime value. CleverTap is trusted by over 2000 brands like Decathlon, Domino’s, Levis, Jio, Emirates NBD, Puma, Croma (A Tata Enterprise), Swiggy, SonyLIV, Axis Bank, AirAsia, TD Bank, Ooredoo, and Tesco to help build personalized experiences for all their customers. The platform is powered by TesseractDBTM, the world’s first purpose-built database for customer engagement, offering speed and cost efficiency at scale.Backed by top-tier investors such as Accel, Peak XV Partners, Tiger Global, CDPQ and 360 One, the company is headquartered in San Francisco, with presence across Seattle, London, São Paulo, Bogota, Mexico, Amsterdam, Sofia, Dubai, Mumbai, Bangalore, Singapore, Vietnam, and Jakarta. For more information, visit clevertap.com or follow us on: LinkedIn: https://www.linkedin.com/company/clevertap/ X: https://twitter.com/CleverTap For more information: SONY SHETTY, Director, Communications, CleverTap, +91 9820900036, sony@clevertap.comASHMIT CHAUDHARY, Associate Consultant, Archetype, +91 8850752121, ashmit.chaudhary@archetype.co Copyright 2024 JCN Newswire via SeaPRwire.com.
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NaaS Q3 2024 Recap: Strategic Shifts and Tech Innovations for Growth JCN Newswire

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

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

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

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

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

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

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

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

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

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

NTT and Olympus Demonstrate IOWN APN Low-latency Capability can be Used for Real-time Diagnosis and Treatment on Remote Server to Realize World’s First Cloud Endoscopy System

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

Kingsoft Announces 2024 Third Quarter Results

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

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

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

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

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

Expanding Possibilities with the Liquid Hydrogen-Powered GR Corolla in the Season Final Round

Toyota City, Japan, Nov 18, 2024 - (JCN Newswire via SeaPRwire.com) - Toyota Motor Corporation (Toyota) will enter the ENEOS Super Taikyu Series 2024 Empowered by BRIDGESTONE Round 7 Super Taikyu Final Fuji, to be held from November 16 to 17, with the #32 ORC ROOKIE GR Corolla H2 Concept, a hydrogen-powered GR Corolla running on liquid hydrogen.Liquid hydrogen-powered GR CorollaToyota will also be exhibiting a concept model that envisions the use of boil-off gas* generated while driving as it looks for partners to take on the challenge of developing the technology together.*Boil-off gas Hydrogen that vaporizes from liquid hydrogen fuel stored in the tank due to natural heat that enters from outside.Forming partnerships to take on the challenge of using boil-off gas generated while drivingLiquid hydrogen has a higher density than gaseous hydrogen. This allows for more hydrogen to be stored in a tank of the same capacity but presents an issue of boil-off. This is a problem for all liquid hydrogen systems, where the liquid hydrogen fuel stored in the tank evaporates due to natural heat that enters from outside. Until now, the boil-off gas (vaporized hydrogen) generated in the fuel tank while driving has been released into the atmosphere without being used.At the Super Taikyu Final Fuji, Toyota will exhibit a new concept model that utilizes the boil-off gas. Although it is still in the concept stage, if realized, this technology is expected to improve the energy efficiency of the entire liquid hydrogen system by recovering and using boil-off gas as energy. Thus, Toyota is looking to form partnerships that will help make this technology a reality.Overall image of boil-off gas utilization1. Reusing boil-off gas as fuelToyota is working on the development of technology to produce reusable fuel by sending boil-off gas released from liquid hydrogen in the tank to a self-pressurizer (a device that increases pressure without relying on external energy). Boil-off gas can be converted back to usable hydrogen fuel for the engine by applying pressure, but increasing the pressure sufficiently usually requires energy such as electricity. The self-pressurizer that will be exhibited at this event uses the pressure of the boil-off gas to increase pressure by two to four times and produce reusable fuel without using any additional energy.Self-pressurizer for increasing the pressure of boil-off gas (The meter on the left displays pressure after the increase, and the meter on the right displays pressure before the increase.)2. Generating electricity using boil-off gasDuring the pressurization process for reusing boil-off gas (vaporized hydrogen), as in (1), a certain amount of surplus boil-off gas is still released.This is then fed into the small fuel cell package (FC stack) that Toyota has developed, and the hydrogen goes through a chemical reaction to generate electricity. The electricity generated can be used to power parts like the motor for the liquid hydrogen pump. If realized, it will be possible to supplement electricity equivalent to the amount generated by the alternator (small generator) from boil-off gas, leading to an improvement in energy efficiency.Small FC stack that generates electricity using boil-off gas3. Safely releasing surplus boil-off gas through catalystBoil-off gas that is not used in the electricity generation process in (2) is then converted into water vapor through a catalyst as before and safely released outside the vehicle.Catalyst to treat surplus boil-off gasToyota will continue to refine cars and people in the challenging world of motorsports and evolve together with its partners to achieve carbon neutrality.About Toyota Toyota strives to be a strong corporate citizen, engaging with and earning the trust of its stakeholders, and to contribute to the creation of a prosperous society through all its business operations.Our corporate principles form the basis of our initiatives, reflect values that enable action, and drive our mindset.For the latest Toyota-related news and information:https://tinyurl.com/ToyotaPressReleasenewsroom@global.toyota Copyright 2024 JCN Newswire via SeaPRwire.com.
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CleverTap Recognized as a Strong Performer in Cross-Channel Marketing Hubs, Q4 2024 Report JCN Newswire

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

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

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

TOKYO, Nov 15, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company, today held a christening and launch ceremony for the TRANS HARMONY EMERALD, the second of two LNG-powered roll-on/roll-off (RO/RO) ships(Note) under construction for Toyofuji Shipping Co., Ltd. The ceremony took place at the Enoura Plant of MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture. The ship's handover is scheduled for June 2025 following completion of outfitting work and sea trials. The TRANS HARMONY EMERALD will serve as a RO/RO vessel on shipping routes in Asia.Christening and Launch Ceremony of TRANS HARMONY EMERALDThe TRANS HARMONY EMERALD is approximately 195 meters in overall length, approximately 30.6 meters in breadth, and has gross tonnage of approximately 49,500. It can simultaneously transport about 3,000 passenger cars. The ship's main engine and main generator engine are high-performance dual-fuel engines each accommodating LNG or diesel fuel. Together these engines enable a greater than 25% reduction in CO2 emissions compared to ships with the same hull and powered by fuel oil, cutting SOx (sulfur oxides) emissions to near zero, thereby helping to reduce the vessel's environmental footprint.The christening and launch ceremony of the first vessel, "TRANS HARMONY GREEN," for Toyofuji Shipping, has already been held this June, and its handover is scheduled for late January 2025.Mitsubishi Shipbuilding, as part of MHI Group's strategic initiatives for energy transition, today contributes toward realizing a carbon-neutral world by building LNG-powered ships enabling the maritime industry to achieve a low-carbon footprint. Going forward, as a maritime system integrator the Company will continue to work with its business partners to solve diverse issues through construction of ferries and RO/RO ships that will contribute to stable operations at sea while also providing outstanding energy and environmental performance.RO/RO ships are equipped with a ferry-type ramp enabling direct vehicle access, including cargo-loaded trucks and trailers.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2024 JCN Newswire via SeaPRwire.com.
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Nationwide TV Commercial Launched in Japan to Raise Awareness About MCI (Mild Cognitive Impairment) JCN Newswire

Nationwide TV Commercial Launched in Japan to Raise Awareness About MCI (Mild Cognitive Impairment)

TOKYO, Nov 15, 2024 - (JCN Newswire via SeaPRwire.com) - Eisai Co., Ltd. and Biogen Japan Ltd announced today that a TV commercial will be broadcast nationwide in Japan from November 15 with the aim of increasing public understanding of MCI (Mild Cognitive Impairment).MCI refers to the stage between "normal brain function" and "dementia," where the individual can still lead an independent daily life but cognitive functions of the brain, such as memory and judgment, have somewhat declined. If cognitive function further declines from the MCI stage to a state where it disrupts daily life and care becomes necessary, it is then diagnosed as dementia.In 2022, there were 5.58 million people living with MCI in Japan, accounting for 15.5% of those aged 65 and over, and estimated to reach 6.12 million by 2040. 1 While MCI is often referred to as a precursor to dementia, it doesn’t necessarily progress to dementia. Depending on the cause, the condition may be maintained, or even improved. If you are concerned about forgetfulness, early consultation with a specialist is important for the early detection of MCI and clarification of its cause, through which appropriate measures can be taken to prevent the progression from MCI to dementia. This TV commercial tells the story of a mother whose daughter worries for her, always telling her "You just said that earlier". The mother realizes that the forgetfulness she attributed to old age might in fact be due to MCI, leading her to seek medical advice.A survey2 conducted by Eisai showed that awareness of the term "MCI" was 12%, while understanding of it was only 2%, which is still low. Through this TV commercial, Eisai and Biogen Japan hope to increase awareness of MCI among a broader range of people, thereby raising public interest in cognitive impairment and contributing to the early detection and treatment of MCI.(1) Research on the Prevalence and Future Projections of Dementia and Mild Cognitive Impairment, 2023 Elderly Health Promotion Project Grant, Professor Toshiharu Ninomiya, Kyushu University(2) Internet surveyTarget: Japan nationwide, men and women aged 60-70, 2000 responsesSurvey period: February 2024Survey conducted by: Macromill Carenet, Inc. About the TV CommercialTitle: MCI Disease Awareness TV Commercial "Don't Miss it, MCI" Edition (15 seconds/30 seconds)TV Broadcast Start: November 15, 2024Broadcasting Area: Japan nationwideMain CM Video: Published on YouTube from November 15(https://youtube.com/@patients_eisai?si=vLaA-y07QAlORHLa)About EisaiEisai's Corporate Concept is "to give first thought to patients and people in the daily living domain, and to increase the benefits that health care provides." Under this Concept (also known as human health care (hhc) Concept), we aim to effectively achieve social good in the form of relieving anxiety over health and reducing health disparities. With a global network of R&D facilities, manufacturing sites and marketing subsidiaries, we strive to create and deliver innovative products to target diseases with high unmet medical needs, with a particular focus in our strategic areas of Neurology, Oncology and Global Health.Theoria technologies Co., Ltd., a member of the Eisai Group, operates the dementia portal site "Theotol" (https://theotol.soudan-e65.com/), which provides easy-to-understand contents and services for the general public about MCI and various types of dementia, their causes, treatments, as well as caregiving methods and personal experiences. (Japanese only)About Biogen JapanFounded in 1978, Biogen is a leading biotechnology company that pioneers innovative science to deliver new medicines to transform patients’ lives and to create value for shareholders and our communities. We apply deep understanding of human biology and leverage different modalities to advance first-in-class treatments or therapies that deliver superior outcomes. Our approach is to take bold risks, balanced with return on investment to deliver long-term growth.We routinely post information on Biogen Japan that may be important to investors on our website at https://www.biogen.com/ and social media X, LinkedIn, Facebook, YouTubeMEDIA CONTACTSEisai Co., Ltd.Public Relations DepartmentTEL:+81 (0)3-3817-5120Biogen Japan, Ltd.Corporate AffairsTEL:+81-70-1501-4315E-mail: Japan-PA@biogen.com Copyright 2024 JCN Newswire via SeaPRwire.com.
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Eisai Receives Positive Opinion from the CHMP in the European Union for Lecanemab in Early Alzheimer’s Disease JCN Newswire

Eisai Receives Positive Opinion from the CHMP in the European Union for Lecanemab in Early Alzheimer’s Disease

TOKYO, Nov 15, 2024 - (JCN Newswire via SeaPRwire.com) - Eisai Co., Ltd. and Biogen Inc. announced today a positive opinion has been received from the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) recommending approval of the amyloid-beta (Aβ) monoclonal antibody lecanemab as a treatment of adult patients with a clinical diagnosis ofmild cognitive impairment and mild dementia due to Alzheimer’s disease (Early Alzheimer’s disease) who are apolipoprotein E ε4 (ApoE ε4)* non-carriers or heterozygotes with confirmed amyloid pathology.1 Eisai had requested a re- examination of the prior negative opinion adopted by the CHMP in July 2024. In accordance with European Medicines Agency regulatory process,the European Commission is expected to make a final decision on the marketing authorization application (MAA) of lecanemab based on the CHMP recommendation within 67 days of receipt of CHMP opinion.2Lecanemab selectively binds to soluble Aβ aggregates (protofibrils**), as well as insoluble Aβ aggregates (fibrils) which are a major component of Aβ plaques in AD, thereby reducing both Aβ protofibrils and Aβ plaques in the brain.3,4,5AD currently affects an estimated 6.9 million people in Europe,6 and this figure is expected to nearly double by 2050 as agingpopulations increase.7 AD progresses in stages that increase in severity over time, and each stage of the disease presentsdifferent challenges for those living with AD and their care partners. There is a significant unmet need for new treatment options that slow down the progression of early AD and reduce the overall burden on people affected by AD and society.Eisai serves as the lead for lecanemab’s development and regulatory submissions globally with both Eisai and Biogen co-commercializing and co-promoting the product and Eisai having final decision- making authority.* Apolipoprotein E is a protein involved in the metabolism of fats in humans. It is implicated in AD.** 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 of this progressive, debilitating condition.8 Protofibrils cause injury to neurons in the brain which, in turn,can negatively impact cognitive function via multiple mechanisms,8 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 slow the progression of AD by reducing damage to neurons in the brain and cognitive dysfunction.9About lecanemab (generic name, brand name: Leqembi®)Lecanemab is the result of a strategic research alliance between Eisai and BioArctic. It is a humanized immunoglobulin gamma 1 (IgG1) monoclonal antibody directed against aggregated soluble (protofibril) and insoluble forms of amyloid-beta (Aβ).Lecanemab’s Positive Opinion from the CHMP in the European Union was primarily based on Phase 3 data from Eisai’sglobal Clarity AD clinical trial, in which it met its primary endpoint and all key secondary endpoints with statistically significant results.1,3 Clarity AD was a Phase 3 global, placebo-controlled, double-blind, parallel-group, randomized study in1,795 patients with early AD (MCI or mild dementia due to AD, with confirmed presence of amyloid pathology), of which 1,521 were in the recommended indicated population (ApoE ε4 non-carriers or heterozygotes ). The treatment group was administered lecanemab 10 mg/kg bi-weekly, with participants allocated in a 1:1 ratio to receive either placebo or lecanemab for 18 months.1The primary endpoint was the global cognitive and functional scale, CDR-SB.1 In the Clarity AD clinical trial, treatment with lecanemab, in the recommended indicated population (ApoE ε4 non- carriers or heterozygotes), reduced clinical decline onCDR-SB by 31% at 18 months compared to placebo based on conservative control based imputation.1 The mean CDR-SB score at baseline was approximately 3.2 in both groups.1 The adjusted least-squares mean change from baseline at 18months was 1.217 with lecanemab and 1.752 with placebo (difference, −0.535; 95% confidence interval [CI], −0.778 to−0.293; P=0.00001).1 CDR-SB is a global cognitive and functional scale that measures six domains of functioning, including memory, orientation, judgement and problem solving, community affairs, home and hobbies, and personal care.10In addition, the secondary endpoint from the AD Cooperative Study-Activities of Daily Living Scale for Mild Cognitive Impairment (ADCS-MCI-ADL), which measures information provided by people caring for patients with AD, noted 33% less decline compared to placebo at 18 months.1 The adjusted mean change from baseline at 18 months in the ADCS-MCI-ADLscore was −3.873 in the lecanemab group and −5.809 in the placebo group (difference, 1.936; 95% CI, 1.029 to 2.844; P=0.00002).1 The ADCS-MCI-ADL assesses the ability of patients to function independently, including being able to dress, feed themselves and participate in community activities.In the ApoE ε4 heterozygotes or non-carriers population, the most common adverse reactions were infusion-related reaction (26%), ARIA-H (13%), headache (11%) and ARIA-E (9%).1Lecanemab has been approved in the U.S., Japan, China, South Korea, Hong Kong, Israel, the United Arab Emirates and Great Britain and is under regulatory review in 17 countries. A supplemental Biologics License Application (sBLA) for intravenous maintenance dosing was submitted to the U.S. Food and Drug Administration (FDA) in March 2024, which was accepted in June 2024. In May 2024, the rolling submission of a Biologics License Application (BLA) for maintenancedosing of a subcutaneous injection formulation, which is being developed to enhance convenience for patients, was initiated in the U.S. under Fast Track status, with the rolling submission and completed in October 2024.Since July 2020 the Phase 3 clinical study (AHEAD 3-45) for individuals with preclinical AD, meaning they are clinically normal and have intermediate or elevated levels of amyloid in their brains, is ongoing. AHEAD 3-45 is conducted as a public-private partnership between the Alzheimer's Clinical Trial Consortium that provides the infrastructure for academic clinical trials in AD and related dementias in the U.S, funded by the National Institute on Aging, part of the National Institutes of Health, Eisai and Biogen. Since January 2022, the Tau NexGen clinical study for Dominantly Inherited AD (DIAD), that is conducted by Dominantly Inherited Alzheimer Network Trials Unit (DIAN-TU), led by Washington University School ofMedicine in St. Louis, is ongoing and includes lecanemab as the backbone anti-amyloid therapy.About the Collaboration between Eisai and Biogen for ADEisai and Biogen have been collaborating on the joint development and commercialization of AD treatments since 2014. Eisai serves as the lead of lecanemab development and regulatory submissions globally with both companies co-commercializing and co-promoting the product and Eisai having final decision-making authority.About the Collaboration between Eisai and BioArctic for ADSince 2005, Eisai and BioArctic have had a long-term collaboration regarding the development and commercialization of ADtreatments. Eisai obtained the global rights to study, develop, manufacture and market lecanemab for the treatment of AD pursuant to an agreement with BioArctic in December 2007. The development and commercialization agreement on the antibody lecanemab back-up was signed in May 2015.About Eisai Co., Ltd.Eisai's Corporate Concept is "to give first thought to patients and people in the daily living domain, and to increase thebenefits that health care provides." Under this Concept (also known as human health care (hhc) Concept), we aim toeffectively achieve social good in the form of relieving anxiety over health and reducing health disparities. With a global network of R&D facilities, manufacturing sites and marketing subsidiaries, we strive to create and deliver innovative products to target diseases with high unmet medical needs, with a particular focus in our strategic areas of Neurology and Oncology.In addition, we demonstrate our commitment to the elimination of neglected tropical diseases (NTDs), which is a target (3.3) of the United Nations Sustainable Development Goals (SDGs), by working on various activities together with global partners.For more information about Eisai, please visit www.eisai.com (for global headquarters: Eisai Co., Ltd.), and connect with us on X, LinkedIn and Facebook. The website and social media channels are intended for audiences outside of the UK and Europe. For audiences based in the UK and Europe, please visit www.eisai.eu and Eisai EMEA LinkedIn.About BiogenFounded in 1978, Biogen is a leading biotechnology company that pioneers innovative science to deliver new medicines to transform patient’s lives and to create value for shareholders and our communities. We apply deep understanding ofhuman biology and leverage different modalities to advance first-in-class treatments or therapies that deliver superior outcomes. Our approach is to take bold risks, balanced with return on investment to deliver long-term growth.The company routinely posts information that may be important to investors on its website at www.biogen.com.Follow Biogen on social media – Facebook, LinkedIn, X, YouTube.Biogen Safe HarborThis news release contains forward-looking statements, including about the potential clinical effects of lecanemab; the potential benefits, safety and efficacy of lecanemab; potential regulatory discussions, submissions and approvals and the timing thereof; the treatment of Alzheimer's disease; the anticipated benefits and potential of Biogen's collaboration arrangements with Eisai; the potential of Biogen's commercial business and pipeline programs, including lecanemab; and risks and uncertainties associated with drug development and commercialization. These statements may be identified by words such as "aim," "anticipate," "believe," "could," "estimate," "expect," "forecast," "intend," "may," "plan," "possible," "potential," "will," "would" and other words and terms of similar meaning. Drug development and commercialization involve a high degree of risk, and only a small number of research and development programs result in commercialization of a product. Results in early-stage clinical studies may not be indicative of full results or results from later stage or larger scale clinical studies and do not ensure regulatory approval. You should not place undue reliance on these statements.These statements involve risks and uncertainties that could cause actual results to differ materially from those reflected insuch statements, including without limitation unexpected concerns that may arise from additional data, analysis or results obtained during clinical studies; the occurrence of adverse safety events; risks of unexpected costs or delays; the risk of other unexpected hurdles; regulatory submissions may take longer or be more difficult to complete than expected;regulatory authorities may require additional information or further studies, or may fail or refuse to approve or may delayapproval of Biogen's drug candidates, including lecanemab; actual timing and content of submissions to and decisions madeby the regulatory authorities regarding lecanemab; uncertainty of success in the development and potentialcommercialization of lecanemab; failure to protect and enforce Biogen's data, intellectual property and other proprietaryrights and uncertainties relating to intellectual property claims and challenges; product liability claims; and third party collaboration risks, results of operations and financial condition. The foregoing sets forth many, but not all, of the factors that could cause actual results to differ from Biogen's expectations in any forward-looking statement. Investors should considerthis cautionary statement as well as the risk factors identified in Biogen's most recent annual or quarterly report and in otherreports Biogen has filed with the U.S. Securities and Exchange Commission. These statements speak only as of the date of this news release. Biogen does not undertake any obligation to publicly update any forward-looking statements.References:1) Committee for Medicinal Products for Human Use. 2024. Leqembi (Lecanemab). Overview. Last accessed: November 2024(2) European Medicines Agency. The Centralised Procedure at the EMA. Available at: https://www.ema.europa.eu/en/about-us/what-we-do/authorisation-medicines. Last accessed: November 2024.(3) van Dyck, H., et al. Lecanemab in Early Alzheimer’s Disease. New England Journal of Medicine. 2023;388:9-21. https://www.nejm.org/doi/full/10.1056/NEJMoa2212948.(4) AlzForum. 2021. Lecanemab Sweeps Up Toxic Aβ Protofibrils, Catches Eyes of Trialists. Available at: https://www.alzforum.org/news/conference-coverage/lecanemab-sweeps-toxic-av-protofibrils- catches-eyes-trialists. Last accessed: February 2024.(5) Sehlin D, Englund H, Simu B, Karlsson M, Ingelsson M, Nikolajeff F, Lannfelt L, Pettersson FE. Large aggregates are the major soluble Aβ species in AD brain fractionated with density gradient ultracentrifugation. PLoS One. 2012;7(2):e32014.https://doi.org/10.1371/journal.pone.0032014 Epub 2012 Feb 15. PMID: 22355408; PMCID: PMC3280222.(6) Gustavsson, A., et al. Global estimates on the number of persons across the Alzheimer's disease continuum. Alzheimer’s & Dementia. 2023;19:658-670. https://alz- journals.onlinelibrary.wiley.com/doi/full/10.1002/alz.12694.(7) Alzheimer Europe. Prevalence of dementia in Europe. Available at: https://www.alzheimer-europe.org/dementia/prevalence-dementia-europe.(8) Amin L, Harris DA. Aβ receptors specifically recognize molecular features displayed by fibril ends and neurotoxic oligomers. Nat Commun. 2021;12:3451. doi:10.1038/s41467-021-23507-z(9) Ono K, Tsuji M. Protofibrils of Amyloid-β are Important Targets of a Disease-Modifying Approach for Alzheimer's Disease. Int J Mol Sci. 2020;21(3):952. doi: 10.3390/ijms21030952. PMID: 32023927; PMCID: PMC7037706.(10) Morris, J.C. The Clinical Dementia Rating (CDR): current version and scoring rules. Neurology. 1993;43:2412-2414.MEDIA CONTACTSEisai Co., Ltd.Public Relations Department TEL: +81 (0)3-3817-5120Eisai Europe, Ltd.EMEA Communications Department+44 (0) 797 487 9419Emea-comms@eisai.netBiogen Inc.Jack Cox+ 1-781-464-3260public.affairs@biogen.comEisai Inc. (U.S.)Libby Holman+1-201-753-1945Libby_Holman@Eisai.comINVESTOR CONTACTSEisai Co., Ltd.Investor Relations Department TEL: +81 (0) 3-3817-5122Biogen Inc.Stephen Amato+ 1-781-464-2442IR@biogen.com Copyright 2024 JCN Newswire via SeaPRwire.com.
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Resorttrust Group and Mitsubishi Corporation Launch Joint Study in Medical Tourism JCN Newswire

Resorttrust Group and Mitsubishi Corporation Launch Joint Study in Medical Tourism

TOKYO, Nov 15, 2024 - (JCN Newswire via SeaPRwire.com) - Resorttrust Group and Mitsubishi Corporation ("MC") have agreed to conduct a joint study of opportunities in the medical tourism sector. Under this agreement, MC and Resorttrust Group company Advanced medical care Inc.("AMC") will evaluate the establishment of a joint venture company to facilitate medical tourism to Japan and globally promote the country's advanced medical screening technologies and healthcare services.Rapid population growth and economic development in Asia have raised awareness of lifestyle-related diseases and preventive healthcare, which has in turn driven up demand for high-precision medical screenings and treatments. Resorttrust Group and MC aim to capitalizing on this growing demand by promoting medical tourism to Japan, which is renowned for its abundant medical facilities, advanced screening technologies, and high-quality healthcare services. Our objectives are to help extend worldwide healthy life expectancy and create new economic value by leveraging both the growth of Japan's healthcare-related industries and the revitalization of its local economies.In addition to providing administrative support for its Group's medical facilities, Resorttrust's know-how extends to healthcare technologies and services, as well as hotel and other tourism operations. MC brings to the table a global network of business partners, digital-transformation (DX) capabilities, and solutions for healthcare providers. This new joint venture will combine our companies' respective expertise to accomplish the following aims:1. Strengthen overseas marketing of Japanese medical services2. Develop inbound patient referral schemes for domestic medical institutions3. Take advantage of medical-facility DX to accelerate the establishment of inbound patient acceptance systemsMC and Resorttrust Group are confident that success in these initiatives will encourage global applications of Japan's medical services. Looking further to the future, our goal is to develop businesses that are invested in the mental and physical well-being of people all over the world, including wellness-tourism services that deliver Japanese health culture and traditional culture experiences.As part of this joint study, we will conduct the following verification activities at several facilities, including Nihonbashi Muromachi Mitsui Tower Midtown Clinic and Tokyo Tower Midtown Clinic, which are operated by AMC:- Market research in Asian countries for the global expansion of Japanese medical screening technologies and healthcare services- Analysis of current challenges and enhancement measures related to inbound patient referral processes- Effectiveness evaluation of AI-powered multilingual communication tools specialized for medical services, developed in collaboration with the MC Group companies, Industry One, Inc. and MC Digital, Inc.About Resorttrust, Inc.Resorttrust Group's core business includes membership-based resort hotels and hotel restaurant operations. In 1994, the group expanded into the medical /healthcare sector by launching a membership-based comprehensive medical club. Today, the group has broadened its healthcare solutions beyond medical screenings into treatment services. The group's subsidiary, Cancer Intelligence Care Systems, Inc., is developing an accelerator-based neutron irradiation system for Boron Neutron Capture Therapy, aiming to provide cancer treatments with reduced patient burden. Additionally, Resorttrust Group provides operational support to facilities offering advanced cancer immunotherapy and stem cell treatments for conditions such as arteriosclerosis, joint pain, and frailty prevention and improvement. https://www.resorttrust.co.jp/About Advanced Medical Care Inc.Consulting for medical and health screening business, support for medical facility management, education and training of medical personnel and assistants, sales of cosmetics and supplements. https://www.amcare.co.jp/About Mitsubishi CorporationMC develops diversified businesses in a wide range of industries through its eight groups: Environmental Energy, Materials Solution, Mineral Resources, Urban Development & Infrastructure, Mobility, Food Industry, S.L.C. (Smart-Life Creation), and Power Solution. https://www.mitsubishicorp.com/ Copyright 2024 JCN Newswire via SeaPRwire.com.
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Fujitsu collaborates with global suppliers in decarbonization initiative to exchange product-level primary data on CO2 emissions JCN Newswire

Fujitsu collaborates with global suppliers in decarbonization initiative to exchange product-level primary data on CO2 emissions

News Facts:Collaboration with 12 global suppliers to calculate and exchange CO2 emissions data, using a PACT -conformant solution with global standardsFujitsu's innovative offering enables transparent and reliable data exchange for calculating product carbon footprints at both product and organizational levels, allowing for visualization and reduction of emissions across the entire supply chainInitiative conformance to global standards, including the PACT Methodology, and demonstrates interoperability with solutions from multiple international partners, showcasing Fujitsu's commitment to achieving net-zero emissions across value chains by 2040KAWASAKI, Japan, Nov 15, 2024 - (JCN Newswire via SeaPRwire.com) - Fujitsu today announced that it has started an initiative on decarbonization with global suppliers leveraging product-level data exchange on CO2 emissions. The initiative represents part of Fujitsu’s efforts to achieve net zero CO2 emissions (1) across its entire value chain (Scope 3) by 2040.To achieve these decarbonization goals, since fiscal 2024, Fujitsu has been deepening its engagement with suppliers, implementing data exchange between companies using product carbon footprint (PCFs) with actual data to visualize and reduce CO2 emissions from purchased parts and materials.The initiative leverages Fujitsu's ESG Management Platform, a solution that supports the realization of corporate ESG management by visualizing, measuring, and optimizing CO2 emission reductions. Fujitsu is working with a total of 12 global suppliers (2), including Accton Technology Corporation, KAGA FEI Co., Ltd., NEXTY Electronics Corporation, Schneider Electric, Hakuto Co., Ltd., Furukawa Electric Co., Ltd., MiTAC Holdings Corporation, Lumentum Holdings Inc. and others, to achieve PCF calculation and CO2 emissions data exchange using actual data in accordance with global standards.Fujitsu, drawing from its experience and insights as a core member in the rule-making process around PCF calculation and product-level data exchange across value chains both in Japan and internationally, is well-versed in the progress of each supplier's decarbonization efforts and industry-specific challenges.As part of this initiative, in addition to the globally standardized product-based PCF calculation methodology (3) and product-level data on CO2 emissions exchange, Fujitsu successfully implemented the world's first offering that enables organization-based PCF calculation methodology (4) and data exchange, which are more prevalent among suppliers, using actual data for social implementation.Furthermore, to address suppliers' concerns about possible leakage of confidential information (i.e., product design details) in promoting CO2 emissions data exchange between companies Fujitsu’s ESG Management Platform ensures transparency and reliability through a highly confidential decentralized data management model that limits access rights to PCF calculations and connects only PCF data via an API (Application Programming Interface).By linking the CO2 emissions of suppliers from upstream in the supply chain, the platform enables the visualization of the effects of CO2 emission reduction measures, such as the introduction of renewable energy implemented by suppliers.This makes the CO2 emission reduction efforts across the entire supply chain visible as value, which can then be reflected in CO2 emission reduction scenarios for decarbonization and simulations of the effectiveness of measures.Fujitsu will continue to support a wide range of clients, including manufacturers, by combining and analyzing non-financial data such as CO2 reduction efforts with financial data including sales data, and contribute to the realization of a decarbonized supply chain.Fujitsu will report on this initiative at the ICT×Green Seminar hosted by the Japanese Ministry of Internal Affairs and Communications at the Japan Pavilion during COP29 on November 16, 2024, and will also discuss the advanced initiatives of Japanese companies.Takeshi Ogamino, Corporate Vice President, General Manager, FITEL Products Division, Communications Solutions Division, Furukawa Electric Co., Ltd., comments:“I am truly delighted that the collaboration with Fujitsu on carbon footprint data integration has been successful. Fujitsu has provided us with guidance on data integration and solutions compliant with PACT, enabling us to integrate the carbon footprint of our communication semiconductor laser products and advance new initiatives to reduce GHG emissions across the entire value chain. Looking ahead, we will continue to contribute to further GHG emission reductions, aiming for carbon neutrality by 2050 and societal transformation, to realize a sustainable future.”Xavier Denoly, Senior Vice President, Sustainable Development, Schneider Electric, comments:“Schneider Electric is working to reach net zero CO2 emissions throughout its entire supply chain, and we are pleased to work in collaboration with Fujitsu on these challenges. To help solve issues, it is important to use global standards to facilitate cooperation across the value chain.”PCF calculation and data exchange leveraging Fujitsu‘s ESG Management PlatformThe PCF calculation method on the ESG Management Platform used for this initiative leverages the “PACT Methodology” (5) and conformant to Japan’s “Green x Digital Consortium CO2 Visualization Framework (Edition 2.0.1)” powered by Japan Electronics and Information Technology Industries Association (JEITA) (6). In terms of data integration on the ESG Management Platform, it has passed interoperability tests conducted by PACT with solutions from the Digital Sustainability Cloud (DSC) of Institute for Information Industry, III in Taiwan (7) and Evalue8 Sustainability in Australia (8), and has been certified as a PACT-conformant solution in conformance to the tech specification of the "Pathfinder Framework (Version 2.2.0)" (9) as the globally standard. Utilizing the PACT-conformant solution enables data exchange on CO2 emissions between companies across countries. Moving forward, it will be possible to smoothly implement data exchange with companies based in Europe, the United States, Taiwan, and Australia. Furthermore, this data exchange also conformant to the "Green x Digital Consortium Technical Specifications for Data Exchange (Version 2.0)"..Figure: Using the ESG Management Platform Offering from Fujitsu UvanceFuture PlansFujitsu will continue to actively engage in visualizing and implementing measures to reduce CO2 emissions in the supply chain by leveraging technologies such as data and AI, while also providing the know-how gained through practice to customers and society via its ESG Management Platform.As part of Fujitsu Uvance, Fujitsu's business model to solve societal issues, Fujitsu will contribute to the realization of a sustainable supply chain and global carbon neutrality.Fujitsu will also continue to cooperate with industry organizations including the WBCSD (10) to support efforts towards rule-making aimed at achieving net-zero CO2 emissions across the entire value chain, responding to updates in global standard specifications, and strengthening supplier engagement.(1) Net zero CO2 emissions:Balancing residual emissions with the same amount of neutralization. Fujitsu aims to reduce CO2 emissions by more than 90% from the base year of 2020 by the target year of 2040. The remaining emissions of 10% or less are planned to be removed and stored through technologies that directly capture CO2 emissions from the atmosphere and absorption through afforestation.(2) 12 global suppliers:Accton Technology Corporation: Headquartered in Hsinchu, Taiwan, Chairperson Kuo-Hsiu HuangKAGA FEI Co., Ltd.: Headquartered in Kanagawa Prefecture, Japan, Representative Director, President Takeshi TsukamotoNEXTY Electronics Corporation: Headquartered in Tokyo, Japan, Representative Director, President Yasuhiro KakiharaSchneider Electric: Headquartered in Rueil-Malmaison, France, Chief Executive Officer Olivier BlumHakuto Co., Ltd.: Headquartered in Tokyo, Japan, Representative Director, President and Chief Executive Officer Tamaki MiyashitaFurukawa Electric Co., Ltd.: Headquartered in Tokyo, Japan, President (Representative) Hideya MoridairaMiTAC Holdings Corporation: Headquartered in Taoyuan, Taiwan, Chairman Matthew MiauLumentum Holdings Inc.: Headquartered in California, United States, President and Chief Executive Officer Alan Lowe(3) Product-based PCF calculation methodology:Method of calculating PCF based on the life cycle inventory analysis of greenhouse gases for each product. Requirement in PACT under global standards.(4) Organization-based PCF calculation methodology:Method of allocating Scope 1, 2, and 3 data as an organization by delivery amount, etc., for each delivery destination. Recognized as a transitional calculation method in the "Green x Digital Consortium CO2 Visualization Framework (Edition 2.0.1)" powered by JEITA(Japan Electronics and Information Technology Industries Association) and is proposed as an extension of PACT.(5) PACT Methodology:Guidance indicating the methodology for calculating and exchanging CO2 emission data.Previously, it was called Pathfinder Framework. The PACT Methodology builds on existing frameworks and standards to provide guidance on accounting, verification, and exchange of cradle-to-gate PCFs with the aim of creating more accurate, granular, and comparable emissions data. The PACT Methodology can be accessed here, with v 3.0 of the methodology and tech specs due to be released in Q1 2025.(6) Green x Digital Consortium CO2 Visualization Framework (Edition 2.0.1):Product carbon footprint calculation rules compiled by the Green x Digital Consortium Visualization WG.(7) Institute for Information Industry, III:Headquartered in Taipei City, Taiwan, DTRI Senior Deputy Director General Hubert Wang(8) Evalue8 Sustainability:Headquartered in Canberra, Australia(9) The tech specification of the Pathfinder Framework (Version 2.2.0):International technical specification for confidential and secure data exchange of emission data between companies based on solution interoperability. Solutions conformance to this technical specification are listed as PACT-conformant solutions in the PACT online catalog.(10) World Business Council for Sustainable Development (WBCSD):Organization led by CEOs of approximately 230 global companies aiming to achieve a sustainable society through business activities, with Fujitsu serving as a board member.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 Contacts:Fujitsu LimitedPublic and Investor Relations DivisionInquiries Copyright 2024 JCN Newswire via SeaPRwire.com.
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