Category: JCN Newswire

TOKYO, Oct 30, 2024 - (JCN Newswire via SeaPRwire.com) - NTT DOCOMO, INC. announced today that it will exhibit an ultra-modern virtual city called “Future Youth City” in the Virtual Expo—Yumeshima Islands in the Sky, the virtual site of Expo 2025 Osaka, Kansai, Japan (“the Expo”), which is planned to be held in Osaka, Japan for six months from April 2025.Future Youth City presents model futuristic city, based on the concept of “Mirai no machi” (City of the future), which represents a collective vision for the future, demonstrating what it might look like when everyone's dreams become reality. It showcases a future with enhanced and innovative communication methods, by combining ideas of forward-thinking students and DOCOMO's cutting-edge technology, FEEL TECH®,*1 This innovation utilizes Human Augmentation Platform® to share human motions and senses as information personalized for the receiver.The virtual space will feature 3 areas. Mirai (future) Street, the main street of Future Youth City lined with futuristic entertainment and dining experiences, and Mirai House, a co-living space that will use advanced technology to meet diverse residential needs. Both will showcase a world where people can enjoy the new way of communication, shaped by dreams and ideas, on the metaverse supported by FEEL TECH.Visitors to the virtual space will be able to observe non-player character (NPC) residents of the metaverse experiencing the future as they interact with each other, including through realistic conversations. Additionally, the “docomo Technology Lab” (tentative name) on Mirai Street plans to showcase DOCOMO's latest achievements in sensory sharing with FEEL TECH.The virtual space will also feature Future Gallery, which will exhibit children's artistic depictions of a prosperous future based on the theme of “Our Future Lives.” The exhibits will feature a variety of children's creations that envision different futures, including award-winning pieces with a special connection to the Expo, presented by the docomo Future Museum,*2 which has been hosting children's art competitions since 2002 and now in its 23rdyear.By participating in the Expo, DOCOMO aims to bring the “Mirai no machi” concept to life, transforming futuristic ideas and dreams into reality.What is Virtual Expo Yumeshima Islands in the Sky?Virtual Expo —Yumeshima Islands in the Sky is the virtual site of Expo 2025 Osaka, Kansai, Japan. Visitors can immerse themselves in the world of the Expo as avatars, navigating pavilions and event facilities that are reproductions of actual buildings, while enjoying unique exhibitions and events developed by each exhibitor–experiences that are only possible in the virtual world. Look forward to a six-month journey where you will travel with people from all over the world and explore a future society for our lives. Additionally, the Japan Association for the 2025 World Exposition will provide a downloadable Virtual Expo app. For compatible devices and detailed instructions, please visit the Japan Association for the 2025 World Exposition website at www.expo2025.or.jp/en/future-index/virtual/virtual-site/Nippon Telegraph and Telephone Corporation, DOCOMO's parent company, is a sponsor of the Virtual Expo as part of the Future Society Showcase project.https://group.ntt/en/expo2025/NTT DOCOMO Group Expo 2025 Osaka, Kansai, Japan Websitehttps://www.docomo.ne.jp/english/corporate/about/expo2025/(1) FEEL TECH is one of DOCOMO's technologies for the 6G era, that utilizes Human Augmentation Platform to share human motions and senses as information personalized for the receiver. (2) https://docomo-mirai.tda.docomo.ne.jp/museum/ (Only available in Japanese)FEEL TECH and Human Augmentation Platform are registered trademarks of NTT DOCOMO in Japan.About NTT DOCOMONTT DOCOMO, Japan's leading mobile operator with over 89 million subscriptions, is one of the world's foremost contributors to 3G, 4G and 5G mobile network technologies. Beyond core communications services, DOCOMO is challenging new frontiers in collaboration with a growing number of entities ("+d" partners), creating exciting and convenient value-added services that change the way people live and work. Under a medium-term plan toward 2020 and beyond, DOCOMO is pioneering a leading-edge 5G network to facilitate innovative services that will amaze and inspire customers beyond their expectations.https://www.docomo.ne.jp/english/ Copyright 2024 JCN Newswire via SeaPRwire.com.

CHIGASAKI, JP / PYEONGTAEK, KR, Oct 30, 2024 - (JCN Newswire via SeaPRwire.com) - ULVAC, Inc., the world’s leading comprehensive vacuum manufacturer, has established Technology Center PYEONGTAEK in Pyeongtaek, Gyeonggi-do, South Korea.The Center aims to advance the development of next-generation semiconductor manufacturing equipment and processes in collaboration with customers in South Korea, while also establishing mass production technologies. The Center commenced operations in August 2024[1] and held an opening ceremony on October 24.As the technical complexity in semiconductor manufacturing equipment is rapidly increasing, close joint development with leading semiconductor manufacturers is essential to provide competitive products to the market. Technology Center PYEONGTAEK will leverage the ULVAC Group’s extensive human resources and expertise to promptly deliver high-quality manufacturing equipment that meets customer needs while also enhancing technical support.ULVAC positions the Center as a 'Field of Potentiality'[2] for the future by fostering innovation. By promoting co-creation with customers, we strive to fulfil our corporate mission of 'contributing to the advancement of industry and science through the comprehensive utilization of vacuum technology and its surrounding technologies.'Opening CeremonyThe opening ceremony, held on October 24, was attended by partner companies, Gyeonggi-do officials, and ULVAC representatives. President & CEO Setsuo Iwashita expressed his gratitude for the efforts of all involved and stated, "We aim to respond swiftly and accurately to our customers' needs and grow together."President & CEO of ULVAC, Setsuo Iwashita, giving a speech at the opening ceremony.In his congratulatory speech, 1st Vice Governor for Administrative Affairs of Gyeonggi-do, Kim Seong-joong, remarked, "The establishment of this Center was made possible thanks to the long-standing trust and cooperation between Gyeonggi-do and ULVAC. I hope that many talented individuals will come together here to create world-leading technologies. Gyeonggi-do will continue to provide full administrative support to offer a platform for outstanding talent to realize their dreams."[1] February 13, 2023 News Release: "ULVAC Announces a Construction of Technology Center PYEONGTAEK"https://ir.ulvac.co.jp/en/ir/newsrelease/auto_20230213508142/pdfFile.pdf [2] "Field of Potentiality" for the futureThe ULVAC Group has established the ideal vision for 2032, "Vision 2032," to continue being a "Field of Potentiality" for the future. The concept of "Field of Potentiality" is inspired by the physical phenomenon that occurs in a vacuum, where energy is injected into a vacuum, something new is created. The ULVAC Group is committed to advancing its core vacuum technology while understanding the needs of its customers and addressing social challenges, thereby continuously creating truly valuable technologies and products.About ULVAC, Inc. Since its founding in 1952, ULVAC, Inc. has been a comprehensive vacuum equipment manufacturer, providing manufacturing equipment, components, analytical instruments, materials, and services based on its core technology—vacuum technology. Working with customers across a wide range of industries, including semiconductors, electronic components, displays, automotive, and pharmaceuticals, ULVAC is committed to driving cutting-edge innovation and creating new value. For the fiscal year ending June 2024, the ULVAC Group recorded consolidated sales of 261.1 billion yen and has approximately 6,200 employees.For more information, please visit our official website at https://www.ulvac.co.jp/en/.For more information:ULVAC, Inc.https://www.ulvac.co.jp/en/contact/general.html Copyright 2024 JCN Newswire via SeaPRwire.com.

Kawasaki and Sydney, Oct 29, 2024 - (JCN Newswire via SeaPRwire.com) - Businesses, governments, and organisations can now unlock the full potential of their video data thanks to a new strategic partnership between Fujitsu, a leading global digital transformation company, and Linius Technologies, a global leader in AI and data-driven video assembly.This partnership combines Fujitsu’s expertise in systems integration and advanced AI-powered video analysis with Linius’ ground-breaking, patented “virtualised video” and “data-driven video assembly” technology.The partnership delivers a suite of solutions that empower organisations to instantly search, analyse, and assemble video streams from multiple sources, creating meaningful narratives that reveal critical information and drive better decision-making.It is expected to be particularly impactful in industries including security/surveillance, airport and transportation operations, border services, police/fire services operations, site/asset inspections and maintenance, retail analysis, consumer behaviour, and more.Graeme Beardsell, Chief Executive Officer of Fujitsu Asia Pacific comments:“This partnership is a game-changer for businesses looking to leverage the power of video. By combining Linius’ innovative video platform with Fujitsu’s deep industry expertise and global reach, we are empowering organisations to unlock the true value of their video data, when combined with Fujitsu Kozuchi for Vision, Fujitsu’s AI service.”James Brennan, Chief Executive Officer of Linius Technologies comments:“This partnership is a major milestone for Linius as we look to enter new markets, including security and public sector organisations. It allows us to bring the power of Linius Video Services to a wider audience, enabling organisations across industries worldwide to benefit from the transformative capabilities of our AI and data-driven video assembly. Working with Fujitsu, a worldwide leader in digital transformation, will help us redefine the way organisations interact with video, transforming data into actionable insights and driving real-world impact.”Transforming video data into actionable insightsThis partnership addresses a critical challenge facing businesses today: the overwhelming volume of video data and the difficulty in extracting meaningful insights. By combining Fujitsu Kozuchi for Vision with Linius’ advanced video intelligence, organisations can:Analyse video to find moments of interest in seconds.Instantly compile video streams that combine relevant video segments into meaningful narratives.Dive deeper into video segments to uncover actions, objects, and people of interest to create understanding of individual situations.Search and assemble new video of interest with a click.Real-world impact across industriesThis partnership will have a significant impact on businesses, governments, and society, including:Unlocking greater value of investments in video, AI and data.Reduced time, resources, and cost.Optimised processes.Reduced response time.Increased analytic capability – make better decisions.Maintaining chain of evidence.About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.Press ContactsFujitsu LimitedPublic and Investor Relations DivisionInquiries Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Oct 28, 2024 - (JCN Newswire via SeaPRwire.com) - Toyota Motor Corporation (Toyota) and Hyundai Motor Company (Hyundai) jointly hosted the "Hyundai N x TOYOTA GAZOO Racing FESTIVAL" at the Everland Speedway in Yongin, Gyeonggi Province, Korea on October 27. The event attracted around 2,800 motorsport enthusiasts and featured thrilling driving demonstrations by both companies' World Rally Championship (WRC) teams, along with interactive fan programs.The event featured Morizo (Akio Toyoda, Chairman of Toyota) at the wheel of the WRC competition vehicle "GR YARIS Rally1 HYBRID" with Euisun Chung, Executive Chair of Hyundai Motor Group, as his passenger. Before the crowd of about 2,800 spectators, the rally machine performed a donut turn, showcasing the powerful engine sound and dynamic driving performance of the WRC machine, drawing enthusiastic cheers from the audience.Following the performance, both chairmen took to the stage, exchanged warm handshakes, and shared their vision for the future of motorsport with the gathered fans.Morizo began his speech with "Saranghaeyo!" (meaning "I love you" in Korean) and continued, "Earlier this year, I met with Executive Chair Chung in Japan, where this idea gained momentum, and remarkably, we were able to realize this event just ten months later. I am deeply grateful to everyone who supported making this event possible. Toyota and Hyundai will work hand in hand to create a better society and the future of mobility.""With our high-performance N brand, we're committed to delivering excitement and satisfying all car enthusiasts. We'll continue to push forward in motorsport alongside Toyota so that more people can enjoy the thrill of driving" said Euisun Chung, Executive Chair of Hyundai Motor Group. "When I met with Chairman Akio Toyoda earlier this year, we discovered our mutual passion for racing, and I was delighted that we could hold this event. Chairman Toyoda is someone in the automotive industry that I respect deeply, and it's an honor to be here with him today," he added.The entire proceeds from ticket sales will be donated to the Korea Automobile Racing Association to promote and develop motorsport culture.Reflecting on the event, Morizo said:"In organizing this event, my first priority was to express gratitude to the Korean people. Having both Toyota and Hyundai chairmen appear together at a motorsport event and speak before our customers is truly symbolic. We've created a 'Car Enthusiasts Alliance' where we, usual competitors, join forces for the future of automobiles. With WRC fans supporting both teams, and Hyundai currently leading the rankings, this was a historic event that hints at potential new drama at Rally Japan. To all fans worldwide looking forward to Rally Japan, I believe the drivers will prepare thoroughly and deliver excellent performances at the final race, so please continue your support."Both companies' rally teams will compete in the "FIA World Rally Championship FORUM8 Rally Japan 2024" to be held in Aichi and Gifu Prefectures from Thursday, November 21 to Sunday, November 24. Fans can be sure to look forward to an competition. Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Oct 28, 2024 - (JCN Newswire via SeaPRwire.com) - NEC Corporation (NEC; TSE: 6701), a leader in the integration of IT and network technologies, is joining forces with Cisco to deliver a new private 5G network solution to their customers. Architecture that includes Cisco 5G SA Core and a Cloud Control Centre together with the validated radio network and systems integration services provided by NEC makes the solution ready for a go to market stage.Cisco expertise in core networks and NEC experience and knowledge in wireless networks will be the key not only to implement but to maintaining and supporting private 5G networks for enterprise customers directly or by collaborating with service providers globally, starting from Europe and the Middle East.A demonstration facility and lab at NEC enable customers to prove the end-to-end solution and validate multiple use cases for supporting the digital transformation of customers’ business operations in industries such as logistics, warehousing, event venues and airport management and operation."The needs for modernized architecture in 5G have steadily enhanced our partnership with Cisco, leading us to this next level," said Hideyuki Ogata, Senior Executive Professional, Global Network Division, NEC. "The industry-leading solutions from Cisco and our ecosystem partners, combined with our world-class network integration capabilities, enable us to deliver compelling solutions to multiple operators and verticals across the world.""Our collaboration with NEC leverages our combined strengths to bring cutting-edge private 5G solutions to enterprises worldwide," said Masum Mir, Senior Vice President and General Manager, Provider Mobility, Cisco. "Together with NEC, we are creating a powerful force to drive digital transformation and innovation across multiple sectors, and support the critical changes needed in networking infrastructure to carry the internet into the next decade."Private 5GPrivate 5G networks involve the deployment of 5G infrastructure (antennas, base stations, etc.) dedicated to serving the connectivity needs of a specific enterprise or entity. This technology allows organizations to customize their network according to their specific requirements, optimizing performance and security.5G technology inherently offers lower latency, enabling real-time communication crucial for applications such as the Industrial Internet of Things and automation. Private 5G networks can handle a large number of connected devices and provide high data transfer speeds.About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at www.nec.com/ and www.nec.com/en/global/solutions/5g/index.html. Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Oct 28, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has received a turnkey contract from Star Energy Geothermal Darajat II, Limited (SEG), a geothermal power producer in Indonesia, for the retrofit of Unit 3 at its Darajat Geothermal Power Plant in Java. Mitsubishi Power will upgrade the steam turbine and related equipment, with work scheduled to be completed in the fall of 2026. The introduction of a highly efficient and reliable steam turbine for this project will provide a stable supply of electricity, while also contributing to reduced CO2 emissions and a greater renewable energy ratio for the country.Darajat Geothermal Power PlantMHI's Nagasaki Shipyard & Machinery Works in Nagasaki will handle design, manufacturing, and installation support for this project. PT. Mitsubishi Power Indonesia, will provide support for long-term stable operation following the on-site installation and retrofit work. Mitsubishi Power received this contract on a turn-key basis from SEG in recognition of Mitsubishi Power's exceptional steam turbine technologies that enable increased output by updating certain parts of the facility, and its high level of skill in carrying out on-site installation work.The geothermal power plant to be retrofitted is located in Garut, West Java, about 200 kilometers southeast of the capital Jakarta. Mitsubishi Power provided a steam turbine for the plant in 2007. This retrofit will increase the power output from the rated 121 megawatts (MW) to 129 MW.Commenting on the agreement, Kazuhiro Yoshida, President of PT. Mitsubishi Power Indonesia, said: "Indonesia has the second-largest geothermal power generation capacity in the world. We have provided a total of six units for geothermal power plants in the country, with total output amounting to approximately 400 MW. In addition, we are currently involved in the construction of an additional unit. Through geothermal power generation and other clean energy technologies, MHI will contribute to achieving the Indonesian government's goal of carbon neutrality by 2060."SEG is the core company in PT Barito Renewables Energy Tbk (BREN) Group, the principal renewable energy operator in Indonesia and one of the largest firms in Indonesia by market capitalization. Hendra Soetjipto Tan, CEO of both BREN and SEG, said regarding the project: "Amid rising electricity demand in Indonesia, there is also greater pressure from consumers for electricity derived from renewable energy. Through this project, we will contribute to both Indonesia's economic development and cleaner energy."Going forward, MHI Group will make further efforts to support the widespread adoption of high-performance and highly reliable technologies, while also contributing to the stable supply of electricity essential for economic development around the world, and the preservation of the global environment by promoting the decarbonization of energy.At the Signing CeremonyAbout 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.

TOKYO, Oct 25, 2024 - (JCN Newswire via SeaPRwire.com) - TOYOTA GAZOO Racing is ready for an FIA World Endurance Championship (WEC) title showdown when a rollercoaster 2024 season reaches its climax in the 8 Hours of Bahrain on Saturday 2 November.The team heads into the season’s eighth and final race with a mission to retain its manufacturers’ World Championship against strong competition from Ferrari and Porsche. In the seven races so far, TOYOTA GAZOO Racing has earned two victories, and a win in Bahrain will guarantee the title for the sixth successive season.Kamui Kobayashi and Nyck de Vries retain a slim chance of the drivers’ title but to do so, they must win the race, alongside #7 GR010 HYBRID team-mate Mike Conway, and hope the #6 Porsche crew fail to score points. Last year’s Bahrain winners, and outgoing drivers’ World Champions, Sébastien Buemi, Brendon Hartley and Ryo Hirakawa will fight for their second win of the season in their #8 GR010 HYBRID in Saturday’s race, which begins in daylight and ends after sunset.TOYOTA GAZOO Racing has a formidable record at the Bahrain International Circuit, having won the last seven WEC races there, including six consecutive one-two finishes. In total it has won nine of its 12 races in the island kingdom, earning six pole positions and five front-row lock-outs.The challenge is tougher than ever this year against an 18-strong Hypercar field including title rivals Ferrari and Porsche, who are both are in the fight for the drivers’ and manufacturers’ crowns. Alpine, BMW, Cadillac and Peugeot showed speed at Fuji Speedway and are expected to join an exciting battle for honours.The 5.412km Bahrain International Circuit is the traditional venue for WEC’s season finale, having hosted the last race in eight of the 11 seasons since WEC’s return in 2012. Its 15-turn lay-out features a mix of high-speed and slower corners and is renowned for being abrasive with high grip levels, creating a particular challenge in terms of tyre management.Practice for the Saturday race begins on Thursday with two 90-minute sessions, one in daylight and the other under lights, and concludes on Friday. The grid will be decided during the qualifying and Hyperpole sessions, starting at 4.40pm local time (2.40pm CET) on Friday, while the 8 Hours of Bahrain starts at 2pm (midday CET) on Saturday.The track action continues on Sunday with the traditional rookie test, when Esteban Masson will drive a GR010 HYBRID for the first time as part of the team’s commitment to giving opportunities to young, upcoming drivers. The 20-year-old Frenchman has impressed this season driving the #87 Lexus RC F LMGT3 entered by the AKKODIS ASP Team in WEC’s LMGT3 category. If TOYOTA GAZOO Racing wins the manufacturers’ title, 21-year-old European Le Mans Series racer Reshad de Gerus will also test a GR010 HYBRID as the WEC-nominated rookie.Kamui Kobayashi (Team Principal and driver, car #7):“It’s the end of an exciting and challenging season. As a team we have enjoyed some great moments as well also some difficult ones, like the last race at Fuji Speedway. The competition has been incredibly tough all season but thanks to the big effort from everyone, we go into the last race with the destiny of the manufacturers’ World Championship still in our control. We know that a win will give us the title so that is our target, and everyone will give their maximum to achieve it. We need a perfect weekend and we’re ready for the challenge.”Mike Conway (Driver, car #7):“I enjoy racing in Bahrain. It’s a fun track to drive and a place which has given me some great memories; I won my first race with Toyota back in 2014 as well as my two drivers’ titles there. As a team we also have a successful record in Bahrain and we want to keep that going this year, even though we expect another close fight because Porsche and Ferrari will be strong again. We’ll have to be at the top of our game, but we’ve prepared well and we’re looking forward to it.”Nyck de Vries (Driver, car #7):“It’s the final race of my first season as a TOYOTA GAZOO Racing race driver and we still have the manufacturers’ World Championship to fight for so I can’t wait for Bahrain. I know the track well from other series and I tested a TS050 HYBRID there all the way back in 2019 during the rookie test, which kind of started my story with the team. So, it’s nice to be going back there as a Toyota race driver. Fuji was tough for us, but it was another strong team effort and we’re ready to go again.”Sébastien Buemi (Driver, car #8):“I always enjoy going to Bahrain. It’s a great circuit, with nice facilities and good weather, plus some of my family live there so it almost feels like a home race. The circuit is fun, particularly the high-speed section from turn five, because it’s fast and flowing before the hairpin, where there’s a chance to overtake. It’s an unusual race because it runs into the night, so the temperature changes quite a bit. That makes it more challenging to find the right set-up so we will work closely on that in practice.”Brendon Hartley (Driver, car #8):“Bahrain is the last race of an exciting season, and we go there fighting for the manufacturers’ World Championship, which is one of the team’s big targets every year. Historically we have gone well in Bahrain and the circuit always seemed to suit our car, so hopefully that’s a positive sign for the coming week. It’s a longer race than normal so it’s more important than ever to execute a clean race and get our strategies right. I know the whole team has worked hard to prepare and we can’t wait to get started.”Ryo Hirakawa (Driver, car #8):“Our aim in Bahrain is to win the race and therefore the World Championship but it will not be easy. Our competitors were strong at Fuji, and we expect another challenging race, but we are fighting as hard as possible, and we will not give up. We have to be fully concentrated all weekend to get the maximum performance from our car. If we do that, we have a chance, so we will keep pushing to end the season on a high and give our all supporters and partners a result to cheer.”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.

Toyota City, Japan, Oct 25, 2024 - (JCN Newswire via SeaPRwire.com) - TOYOTA GAZOO Racing (TGR) announced today that it will exhibit Japan's first(1) outdoor-compatible mobile immersive dome tent in the event square at the ENEOS Super Taikyu Series 2024 Empowered by BRIDGESTONE Round7 (Round 7 Super Taikyu Final Fuji), to be held on Saturday, November 16 and Sunday, November 17, 2024. This initiative aims to communicate the appeal of motorsports and the Super Taikyu Series in a new way while conveying its fun and depth to as many people as possible, including children.Immersion is a communication technique that combines audio and visual experiences in all directions to create a three-dimensional immersive experience. In this exhibit, immersion is combined with a large tent that is 14 meters wide and 8.2 meters tall to create a design that allows visitors to experience the thrill and speed of motorsports in a realistic way.The content also makes full use of audio and video collected from Super Taikyu races over the course of the year, allowing visitors to enjoy a synesthetic experience that focuses on the perspectives of various people involved in the races, such as drivers and mechanics, as well as cars and parts, such as the hydrogen engine and carbon-neutral fuel.The tent and video content are being produced in collaboration with T&S Ltd.(2)This content was planned and developed through discussions on how to promote the appeal of motorsports and the Super Taikyu Series, based on the Super Taikyu Waigaya Club's(3) desire to invigorate them. Production was made possible by the cooperation of the Super Taikyu MIRAI Organization, which manages the Super Taikyu Series, and Fuji International Speedway Co., Ltd., the race organizer, as well as the Super Taikyu Waigaya Club members SUBARU CORPORATION, Nissan Motor Co., Ltd., Honda Racing Corporation, and Mazda Motor Corporation, all of whom shot and provided new videos overflowing with realism.TGR hopes that this initiative will not only provide entertainment, but also help spread the appeal of motorsports and contribute to the development of the industry. Starting with the Round 7 Super Taikyu Final Fuji exhibition, TGR is considering exhibiting at various events and venues beyond the arena of motorsports to provide this new experience to as many people as possible.(1) As of October 2024, according to Toyota Motor Corporation(2) Click here for details (Japanese only) https://pr.t8s.co.jp/news_toyota_20241025/ (3) A forum formed by automobile manufacturers to create the future of cars and motorsports across the boundaries of manufacturers.Click here for details (Japanese only) https://supertaikyu.com/waigaya/index.html 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.

TOKYO, Oct 25, 2024 - (JCN Newswire via SeaPRwire.com) - NTT Corporation, KDDI Corporation, KDDI Research, Inc. participating in research and development as a research collaborator, Fujitsu Limited, NEC Corporation, and Rakuten Mobile, Inc. were selected by the Japan-based National Institute of Information and Communications Technology to conduct newly commissioned research in FY 2024 pertaining to a strategic program oriented toward social implementation and overseas expansion (common infrastructure technology establishment) for the Innovative ICT Fund Projects for Beyond 5G/6G.Through this research and development, the above parties will develop a technology that enables users to simultaneously use multiple cloud data centers and to switch connection destinations flexibly, in addition to ensuring fault tolerance and service quality assurance through cooperation among All-Photonics Networks (hereinafter "APN") of multiple providers. We will also develop a small APN node that will enable APN deployment at rural data centers and small and medium-sized sites.In the Beyond 5G/6G era, society's informatization will accelerate further, and enormous information processing will be required. The need for APNs is growing as demand is expected to increase for the further expansion of transmission capacity and higher processing speed for existing information and communications systems, as well as for technologies that provide the lower power consumption required for carbon neutrality. Under such circumstances, discussions on providing APNs widely to society were held by Japan’s Technology Strategy Committee of the Information and Communications Technology Subcommittee of the Information and Communications Council and the All-Optical Network Common Infrastructure Technology Working Group established under this committee. As a result, the idea that it is necessary to connect multiple sites simultaneously and to have functions to collaborate among providers was expressed in the reports "Information and Communications Technology Strategy Toward Beyond 5G" (June 2024)1 and "Development Direction and Dissemination Measures for All-Photonics Network Common Infrastructure Technology" (May 2024)2. In order to develop this technology, NICT has solicited proposals for the Beyond 5G (6G) Fund Project, to which NTT, KDDI, Fujitsu, NEC, and Rakuten Mobile jointly submitted proposals.On October 22, 2024, the Ministry of Internal Affairs and Communications and NICT announced the results of their selection for the "Beyond 5G (6G) Fund Project" as a social implementation and overseas expansion oriented strategic program (common infrastructure technology establishment), and the above five companies were selected to implement the program.This research and development will enable APNs from multiple providers to cooperate to ensure fault tolerance and service quality assurance, as well as enable users to simultaneously use multiple cloud data centers and switch connection destinations flexibly. The above parties are also planning to develop a small APN node, which will enable the deployment of APNs in regional data centers and small and medium-sized sites.The following items will be addressed in this research and development:R&D Item 1: Develop overall APN architectureR&D Item 2: Research and develop common APN infrastructure technology(a) Photonic network federation technologyAPI functions for accepting communication user's requests and function for reliable and stable interconnection between APNs of various carriers according to communication user's requests (e.g. destination, communication quality).(b) Subchannel circuit exchange technologyEnables the simultaneous use of multiple clouds and data centers as well as flexible switching, when accommodating many communication users, ensuring communication quality (required bandwidth, delay, and jitter) by E2E according to the requirements of each communication user.(c)Distributed ROADM technology3An interface function that enables the simple operation of network nodes equipped with only a part of the main functions (wavelength insertion/branching and multiplexing functions) of the current ROADM, which enables the downsizing of APN nodes and the deployment of APN in rural data centers and small and medium-sized sites. It also provides a cooperation function between the ROADM node with the main functions and the downsized APN node being considered for installation.Figure 1: Overview of R&D Activities for Common Infrastructure TechnologyWhen the outcomes of this research and development are implemented in society, APNs of various providers, including different communication carriers, can be used seamlessly. For example, it will enable high-speed, low-latency simultaneous connection to multiple providers that provide AI, cloud, and other services, as well as flexible selection and switching of connection destinations. The five companies will collaborate to realize such a society.1. www.soumu.go.jp/menu_news/s-news/01tsushin03_02000402.html2. www.soumu.go.jp/menu_news/s-news/01tsushin03_02000400.html3. ROADM (Reconfigurable Optical Add Drop Multiplexing)It is a reconfigurable node device that can add, drop, and multiplex arbitrary optical wavelengths at the optical signal exchange point.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.

TOKYO, Oct 25, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries Marine Machinery and Equipment Co., Ltd (MHI-MME), a part of Mitsubishi Heavy Industries (MHI) Group, has concluded a licensing agreement with Jiangsu Masada Heavy Industries Co, Ltd. (Jiangsu Masada), a privately owned marine machinery manufacturer in China, for the manufacture and sale of MET Turbochargers, its exhaust gas turbine type turbochargers for two-stroke marine engines.Signing CeremonyWith the conclusion of this agreement, Jiangsu Masada plans to start manufacturing MET Turbochargers in 2025, focusing principally on assembly, and gradually expanding to full-scale production including processes other than assembly. MHI-MME's aim with this licensing agreement is to further penetrate the Chinese market with high-quality products and services.Jiangsu Masada has a long relationship with MHI Group, and has previously concluded licensing agreements for deck cranes in 2008, and steering gears and deck machinery in 2012. At present, Jiangsu Masada is a leading manufacturer of marine machinery, boasting the largest share in the Chinese market for deck cranes, deck machinery, and steering gears.MHI-MME developed the world's first non-water cooled turbocharger, the forerunner of the MET series, in 1965. High-efficiency, high-capacity models have since been added to the lineup, and today MET Turbochargers are one of the global standards for exhaust gas turbine types. Total cumulative production volume of MET Turbochargers has now reached 45,000 units, accounting for more than 40%(Note) of the global market (in fiscal 2023) for units used in marine two-stroke engines.Going forward, MHI-MME will continue to maintain and develop a positive cooperative relationship with Jiangsu Masada, and further proactively develop and market MHI brand marine machinery.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.

Kawasaki and Nagoya, Japan, Oct 25, 2024 - (JCN Newswire via SeaPRwire.com) - Fujitsu Limited and Toyota Systems Corporation (Toyota Systems) today announced the successful completion of field trials leveraging Fujitsu’s generative AI offerings on Fujitsu Kozuchi (1) to improve productivity and accelerate the modernization of Toyota Systems’ system development and operations. The trials confirmed a 50% reduction in the work time required for system updates as compared to conventional manual processes. The reductions were achieved by automating incompatibility checks and removals and program correction associated with OS and programming language updates.Based on these positive results, Toyota Systems will commence practical application of this technology starting January, 2025.Toyota Systems develops and operates core systems for production, logistics, sales, and other functions used by the Toyota Group. Sometimes it is necessary to update the underlying OS and programming languages of these systems, but carrying out the associated tasks of compatibility checks, identifying affected areas, correcting programs, and conducting testing are labor-intensive.To address this challenge, Fujitsu and Toyota Systems started trials in October 2023, leveraging Toyota Systems’ expertise in core systems and Fujitsu’s software development and generative AI knowledge to find a way to streamline the updating process.The field trials focused on approximately 15,000 files developed in Java and SQLJ. The generative AI successfully extracted system-impacting incompatibilities based on provided information and automatically corrected the programs. Fujitsu and Toyota Systems confirmed the corrections were accurate and as a result achieved a 50% reduction in work time compared to if the tasks had been carried out manually.Moving forward, the two companies aim to further improve productivity by expanding the application of generative AI to other programming languages beyond Java and SQLJ, as well as to the testing phase. They also plan to deploy this technology to other Toyota Group systems and projects to accelerate modernization across the organization.Toyota Systems will leverage generative AI to radically improve system development efficiency, freeing up resources to drive further innovation and ultimately deliver new value to the mobility sector and society. Fujitsu will continue to support Toyota Systems’ initiatives and aims to commercialize an AI service that streamlines program updates, contributing to the Toyota Group's digital transformation (DX).Figure: Diagram of the update process using Fujitsu’s generative AI offerings on Fujitsu Kozuchi [1] Fujitsu’s generative AI offerings on Fujitsu Kozuchi: Interactive generative AI service for enterprises provided via Fujitsu Kozuchi through the Fujitsu Data Intelligence PaaS operations platformAbout 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 Toyota Systems CorporationToyota Systems is an IT solutions company established in Jan. 2019 by merging 3 different Toyota IT subsidiaries. The mission of the company is to support Toyota Motor Corporation and its group companies by developing innovative IT solutions and, by doing so, to contribute to develop the mobility society of the future. The number of the employees is approximately 3,000 and its support covers most of the Toyota’s main business areas such as R&D, production, logistics, sales, administration etc... For more information, please see https://www.toyotasystems.com/en/.Press Contacts:Fujitsu LimitedPublic and Investor Relations DivisionInquiriesToyota Systems CorporationPR and Management GroupInquiries Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Oct 23, 2024 - (JCN Newswire via SeaPRwire.com) - Idemitsu Kosan ("Idemitsu") and Mitsubishi Corporation ("MC") have agreed to jointly study the efficient operation of clean ammonia carriers and transshipment terminals, participation in ExxonMobil’s planned low-carbon hydrogen and low-carbon ammonia production project * in Baytown, Texas, USA, as well as the offtake of ammonia. Through this joint study, Idemitsu and MC will accelerate their study on structuring a supply chain for low-carbon ammonia procured from overseas.*This planned project will produce virtually carbon-free hydrogen with approximately 98% of carbon dioxide (CO2) removed and low-carbon ammonia. Final investment decision is expected in 2025 and is subject to necessary regulatory permits. This project aims to start production of low-carbon hydrogen (approximately 900,000 tons per year) and low-carbon ammonia (over 1 million tons per year) by 2029 and is expected to be the world's largest of its kind.Idemitsu has established an ammonia import and receiving terminal utilizing the existing infrastructure at its Tokuyama Complex in Shunan City, Yamaguchi Prefecture, and aims to jointly introduce over 1 million tons of ammonia as fuel and raw materials by 2030 in cooperation with neighboring companies in the Shunan Industrial Complex. In February of this year, Idemitsu’s Tokuyama Complex conducted a demonstration of ammonia combustion in naphtha cracking furnace that is currently in commercial use, the first of its kind in Japan, and in May, Agency for Natural Resources and Energy, METI adopted the "Ammonia supply base in the Shunan region, pipeline development in the region, and combustion facility study project" together with the 3 companies in Shunan Industrial Complex as part of the Government’s Hydrogen Supply Infrastructure Development Project. In order to be a pioneer in strengthening the competitiveness of domestic industrial complexes, Idemitsu is working with industries, government and academia to make the entire region carbon neutral.MC is assessing the partial conversion of its LPG terminal (Namikata Terminal) in Imabari City, Ehime Prefecture, into an ammonia terminal. MC is preparing to build a hub terminal that will supply approximately 1 million tons of ammonia annually to various industrial applications such as electricity, transportation and chemicals by 2030. In April 2023, MC and potential customers in the Shikoku and Chugoku regions agreed to establish “Council for utilizing Namikata Terminal as a Hub for introducing Fuel Ammonia,” and have been discussing measures to handle ammonia, operate the terminal efficiently and expand demand. Taking advantage of Namikata Terminal’s 40 years of experience as an energy hub, MC is working to develop ammonia so that it can quickly respond to decarbonization demand in the region.Ammonia does not emit CO2 when burned and can effectively use existing transportation and storage facilities without significant modifications.As a result, it is expected to contribute to low-carbon and decarbonization in various industries. Idemitsu and MC both plan to supply low-carbon ammonia produced by this project to Japan through their receiving terminals.Both companies will study the structuring of a low-carbon ammonia supply chain to realize a carbon-neutral society.Inquiry Recipient:Idemitsu Kosan Co.,Ltd., Public Relations Department Public Relations www.idemitsu.com/en/contact/flow/index.html Mitsubishi CorporationCorporate Communications DepartmentTelephone:+81-3-3210-2171 Copyright 2024 JCN Newswire via SeaPRwire.com.

LONDON, Oct 23, 2024 - (JCN Newswire via SeaPRwire.com) - Building on the partnership formed last year between Hitachi and First Bus, seven of First Bus’ depots now use Hitachi’s ZeroCarbon battery and charging management software and managed services – another move taken by the UK’s leading bus operator to accelerate its 2035 net zero fleet emissions goal.Hitachi ZeroCarbon has onboarded over 400 buses across seven First Bus depots, including Leicester, Aberdeen, Bramley, Scotstoun, Norwich, Hoeford and York. This is currently in addition to the 148 buses already under management at the Caledonia depot.The seven depots with the new services play a crucial role in ensuring operations run efficiently, helping streamline operations and overall performance.Through tariff optimisation, First Bus’ energy consumption is being reduced during peak demand periods, making significant savings on energy costs. Plus, data reports, insights and recommendations from telematics are helping First Bus monitor and extend the battery health of its fleet.A centralised view of real-time information for all depot operations has also been implemented and the operational support provided by Hitachi ZeroCarbon’s managed service team, for the charging ecosystem combined, will ensure smoother operations.Andrew Gwilliam, Product and Propositions Manager, Decarbonisation at First Bus, said: “We’re committed to reducing our impact on the communities we serve, and creating cleaner air for future generations. Our continued partnership with Hitachi ZeroCarbon helps us maximise the potential from our investment in technology, and we’re pleased that Hitachi’s goals mirror our own when it comes to being a fully net zero business. Our goal is to put the bus at the heart of an integrated, sustainable and reliable transport network, allowing us to more effectively tackle congestion, liberate roads and public spaces, and deal with the climate emergency by ending dependency on fossil fuels. We’re thrilled that Hitachi is on the journey with us.”Dan Pollard, Programme Manager at Hitachi ZeroCarbon said: “As a climate change innovator, we strive to deploy our technologies through collaboration and co-creation with our partners, enabling the decarbonisation of fleets while providing new revenue streams. We are particularly proud of the positive impact our partnership with First Bus will have on air quality in local communities. By partnering with such a sustainably ambitious business and leveraging data, technology, our managed services and a shared-ownership model with First Bus, we are able to decarbonise bus fleets faster and accelerate towards global net zero commitments.”About First BusAt First Bus, we’re on a mission to grow bus usage – so we’ll get behind initiatives that move people out of cars and onto the bus. We’re one of the UK’s largest bus operators, transporting more than a million customers a day. We serve over 20% of the population of Great Britain with our local bus services, and over half of the UK’s top 15 most populated urban areas.Transforming our business for the better, we’re putting our people and customers at the heart of everything we do. That’s why we’re the UK’s largest national bus operator to achieve real Living Wage employer status, cementing our position as an employer of choice in the sector.We’re all about making journeys easier for our customers, which is why we were the first national bus operator to roll out Tap On, Tap Off payment technology across our entire fleet of around 4,500 buses. Our First Bus app has also been voted ‘best in class’ amongst UK bus operators. First Bus is committed to operating a zero-emission bus fleet by 2035. We already operate over 600 zero-emission buses – that’s 14% of our overall fleet. We’re passionate about giving back to the communities we serve, which is why we’re helping local businesses to progress their own decarbonisation journeys – giving them access to our charging hubs while our buses are on the road. We also operate the Aircoach network in Ireland, Specialist Passenger Solutions, First Travel Solutions, York Pullman Bus Company and Ensignbus. First Bus is a division of FirstGroup.Find more information on our website here: https://news.firstbus.co.uk/About Hitachi ZeroCarboHitachi ZeroCarbon’s mission is to provide end-to-end solutions to decarbonise commercial vehicle fleets globally, helping them to accelerate electrification and sustainability, reduce battery risk and total cost of ownership, and generate new revenues. Deploying data analytics and digital optimisation technologies, we provide the platform to optimise battery performance and life, charge EV fleets and decarbonise sites and depots through a battery charging and management service model. Through digital optimisation, our solutions are designed to meet the unique needs of commercial vehicle fleets, offering a range of charging options that maximises fleet efficiency and minimises costs. These solutions are built on the foundation of leading the innovation programme Optimise Prime, the world’s largest commercial EV trial of more than 8,000 vehicles. Leveraging Hitachi’s global reach and industry experience, we offer battery financing solutions to help accelerate electric fleet transition, reduce capital expenditure, and maximise the residual value of assets.For more information: https://www.hitachizerocarbon.com. Copyright 2024 JCN Newswire via SeaPRwire.com.

KYOTO, Japan, October 23, 2024 - (ACN Newswire via SeaPRwire.com) - Valuufy, a sustainability assessment startup, today announced the appointment of Dr Sachio Semmoto as Chairman of the Board. This strategic move comes at a critical juncture for the sustainability sector. It also emphasizes Valuufy's commitment to transform how organizations measure and create sustainable value.Dr Sachio Semmoto, appointed Chairman of the Board at Valuufy, Inc."The sustainability sector is at a critical inflection point, facing challenges such as greenwashing and lack of standardized metrics, but also unprecedented opportunities," said Dr Semmoto. "Valuufy's approach to redefining sustainability measurement through the ValuuCompass has the potential to create significant positive change. I am committed to leveraging my experience to help Valuufy become a global leader in driving meaningful, measurable sustainability practices."Dr Semmoto, brings over five decades of experience in building transformative companies. His track record includes co-founding KDDI, one of Asia's largest telecommunication providers and a Fortune Global 500 Company, founding eAccess and EMOBILE (now Y! Mobile), and serving as Executive Chairman of RENOVA, a leading renewable energy company in Japan."Dr Semmoto's joining Valuufy at this stage in his career, especially given the current challenges in the sustainability sector, is a testament to the potential of our mission," said Kyle Barnes, CEO of Valuufy. "His expertise in scaling businesses from start-up to industry leaders aligns with our ambitions to redefine sustainability assessment worldwide."Dr Semmoto's career spans both academia and industry. He holds a Ph.D. from the University of Florida and has held professorships at Keio University and visiting professorships at UC Berkeley, Carnegie Mellon, and Stanford University. He is also known for his philanthropic efforts, including founding the Frances & Sachio Semmoto Foundation, which provides educational opportunities to students from Asia-Pacific nationsThis appointment underscores Valuufy's commitment to combining expertise and innovative technology to address the pressing sustainability challenges facing businesses today.Following this announcement, Valuufy will be sharing a comprehensive analysis of leading sustainability ratings frameworks against the ValuuCompass, illustrating where they fall short in comprehensively analyzing true stakeholder impact and value creation.About ValuufyValuufy seeks to transform how the world understands and acts on sustainability. Founded in 2024, Valuufy, Inc is a registered Japanese startup in Kyoto, Japan, born of 10 years' academic value research at Doshisha University and the Value Research Center. Led by an international team with expertise in value creation, sustainability and ESG, Valuufy provides new standards that transform how companies assess, manage, and leverage their sustainability efforts. For more on Valuufy and its impact on shaping the future of sustainability strategies, visit www.valuufy.com.Contact:Kyle Barnes090-9742-0860news@valuufy.com Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Oct 23, 2024 - (JCN Newswire via SeaPRwire.com) - Fujitsu today announced the global launch of its Fujitsu Kozuchi AI Agent, an AI service that can engage in high-level tasks both autonomously and in collaboration with humans. This service will be offered through Fujitsu Data Intelligence PaaS, Fujitsu’s all-in-one operation platform that is part of the Fujitsu Uvance business model which works to provide cross-industry solutions to societal issues. As of today, Fujitsu will offer the first AI agent, for use in business profitability discussions and business negotiations to share appropriate information and propose measures. Fujitsu plans to eventually expand its AI agent lineup to include services in production management and legal affairs, and other areas, and will implement a broader roll-out of the service during fiscal 2024. In addition, Fujitsu will incorporate Fujitsu Kozuchi AI Agent into its digital offerings, including Fujitsu Uvance’s Work Life Shift.Building generative AI models for business applications requires a significant investment of time and money as well as a high level of expertise and there is no guarantee that a single AI model can deliver the desired results.To solve this issue, Fujitsu has developed the Fujitsu Kozuchi AI Agent. This AI can think autonomously and function as a full team member, making proactive suggestions that can lead to new insights and inspire creativity.The Fujitsu Kozuchi AI Agent uses Fujitsu’s proprietary processing logic to break down abstract issues from conversations and generate discrete tasks. The agent creates a plan to complete the tasks and selects multiple optimal AIs to implement. Models available include those developed by Fujitsu, such as Takane, a large-scale language model for enterprises with the world’s best Japanese language capability and significant customization options, Fujitsu Kozuchi AutoML, which generates advanced machine learning models in a short amount of time, as well as various models from other companies. The Fujitsu Kozuchi AI Agent provides instructions to each of the AI models and provides a solution based on the feedback.For example, the AI agent for use in business meetings will autonomously participate in necessary meetings. To give an example situation, if one of the meeting participants were to state that sales revenue in the Asia Region was half of what it had been the previous year, the AI agent would select several AI and direct them to perform an analysis based on this statement. Then, as a result, the AI agent would autonomously present a clear answer, for example stating that “I will show the amount of sales revenue from April through September in the previous and current fiscal years as a bar graph. As shown in the graph, sales revenue in other regions is the same or slightly up from the previous fiscal year, and only sales revenue in the Asia Region is down. It has decreased by 54% compared to the previous fiscal year.” In this manner, Fujitsu Kozuchi AI Agent will support the smooth progression of meetings and will contribute to increased productivity.Fujitsu will promote the use of AI agents in a wide range of business operations to further improve the efficiency of customers' businesses, and work to achieve a world in which customers can easily benefit from business transformation via generative AI.About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.Press ContactsFujitsu LimitedPublic and Investor Relations DivisionInquiries Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Oct 22, 2024 - (JCN Newswire via SeaPRwire.com) - Fujitsu today announced the launch of an AI computing broker middleware technology designed to enhance GPU computational efficiency in AI processing and address the global GPU shortage. The new technology integrates Fujitsu's proprietary adaptive GPU allocator technology, which dynamically allocates GPUs for real-time high-efficiency processing, with various AI processing optimization techniques.Following successful pilot trials, TRADOM Inc. (1) will begin utilizing solutions based on the AI computing broker technology in October 2024. Additionally, SAKURA internet Inc. (2) has commenced a feasibility study on the AI computing broker technology for its data center operations.Starting in May 2024, Fujitsu has also been conducting trials of this newly developed technology with AWL, Inc., (3)Xtreme-D Inc., (4) and Morgenrot Inc., (5) and has demonstrated significant improvements in these companies’ operations. The trials confirmed up to a 2.25x increase in computational efficiency for various AI processes and a substantial increase in the number of concurrently handled AI processes across diverse cloud environments and servers.The newly developed technology will be available to customers in Japan starting October 22, 2024 and to users globally.Fujitsu will continue to provide its AI computing broker technology to end users including AI service providers seeking to reduce GPU costs by enhancing computational efficiency, and to cloud service providers aiming to maximize GPU utilization. By addressing the challenges of GPU shortages and power consumption driven by the increasing global demand for AI, Fujitsu aims to contribute to enhanced business productivity and creativity for its customers.Addressing growing energy consumption of AI with adaptive GPU allocationDriven by the rapidly increasing global demand for AI technology (including generative AI), the need for GPUs, which are better suited to AI processing than CPUs, has been increasing dramatically. The global market for generative AI is projected to grow approximately 20-fold from 2023 to 2030 (6), and correspondingly, GPU demand is expected to increase at a similar rate. However, the rising power consumption in data centers to meet this GPU demand presents a significant challenge. It is estimated that data centers will consume 10% of the world's electricity by 2030 (7).To address this global societal challenge, Fujitsu developed an adaptive GPU allocator technology in November 2023. The technology optimizes the use of CPUs and GPUs by allocating resources in real time to give priority to processes with high execution efficiency, even if the GPU is running a program. Fujitsu has been conducting verification trials of this allocater technology across various platforms.About the newly developed AI computing brokerThe newly developed AI computing broker middleware integrates adaptive GPU allocator technology with AI processing optimization technologies, automatically identifying and optimizing GPU resource allocation for AI processing in multiple programs.Unlike conventional allocation on a per-job basis, Fujitsu’s AI computing broker dynamically allocates GPU resources on a per-GPU basis, leveraging Fujitsu's computational optimization expertise to improve availability rates. The GPU memory management capabilities of the technology allow users to run numerous AI processes without worrying about GPU memory usage or physical capacity.In pre-release trials, Fujitsu’s AI computing broker demonstrated up to a 2.25x improvement in GPU processing performance in terms of time per unit compared to deployments not using the technology. Furthermore, the technology’s memory management enables the simultaneous handling of up to 150GB of AI processing—approximately five times the physical GPU memory capacity.Figure: Technical overview and verification results of the AI computing brokerFuture PlansMoving forward, Fujitsu will expand the scope of its AI computing broker technology application, including implementation across multiple GPUs installed on multiple servers, anticipating use in even larger computing environments. Fujitsu will continue to develop advanced computing technologies to address challenges including GPU and power shortages, contributing to the realization of AI that enhances productivity and creativity as a trusted assistant.Junichi Kayamoto, Chief Data Science Officer, TRADOM Inc. comments:“Our company delivers cutting-edge AI-powered solutions for managing foreign exchange risk. The trial of Fujitsu's AI computing broker technology proved its ability to significantly streamline GPU resource allocation for AI model generation, enabling the development of substantially more accurate models in significantly less time through AI learning process multiplexing. We are committed to leveraging this technology, in continued collaboration with Fujitsu, to proactively expand our solution offerings, driving both TRADOM‘s growth and the advancement of the FinTech industry.”Ken Wakishita, Senior Director, SAKURA internet Inc./ SAKURA Internet Research Center comments:“Our trial of Fujitsu’s AI computing broker has proven the technology’s ability to significantly enhance the efficiency of GPU resource allocation within our cloud business, expanding GPU access to a broader customer base. We hope to collaborate with Fujitsu to fully integrate this technology and meet the increasing demand for GPUs.”Hiroshi Fujimura, R&D General Manager - AWL, Inc., comments:“We are committed to developing and delivering cutting-edge AI camera solutions that solve various problems and maximize the value of all real-world spaces, particularly retail environments. Meeting the high demands of our clients, optimizing GPU operating costs during parallel AI model training is paramount. Our trial proved Fujitsu’s AI computing broker's ability to significantly enhance GPU utilization and AI processing efficiency. We are excited to see further advancements in this important technology.”Naoki Shibata, Representative Director, CEO and CTO, Xtreme-D Inc., comments:We congratulate Fujitsu on the launch of the AI computing broker. Xtreme-D provides Raplase, a cloud-based service for AI and HPC clients. A critical challenge for our customers is optimizing price/performance through efficient utilization of costly on-premise and bare-metal cloud GPUs. We are confident that Fujitsu's AI computing broker will significantly address this challenge, and we are actively collaborating with Fujitsu to integrate this solution into our customer offerings.“Masamichi Nakamura, COO, and Hisashi Ito, CTO, Morgenrot Inc., comments:“Our company is revolutionizing the cloud computing landscape with its innovative, decentralized approach leveraging container data centers. We're building a cutting-edge sharing economy model for computing power, perfectly poised to meet the increasing demand for advanced computational resources, including GPUs. Our recent trial, with a view to collaborating between our HPC management solution (M:Arthur) and cloud service (Cloud Bouquet) and Fujitsu’s AI computing broker technology, yielded impressive results. By enabling GPU sharing between multiple jobs, we achieved a remarkable near 10% reduction in overall execution time compared to running jobs sequentially on two GPUs. This parallel processing capability unlocks significant advantages, allowing simultaneous execution of long training sessions for model building and shorter inference/testing tasks, all within constrained resources. We are excited to explore further usage of Fujitsu’s AI computing broker to integrate this transformative technology into our product suite.”[1] TRADOM Inc. :Headquarters: Otemachi, Chiyoda-ku, Tokyo, Japan; President and co-CEO & CTO: Shinichiro Urashima and co-CEO & CSMO Shin Sakanehttps://www.tradom.jp/company-en[2] SAKURA internet Inc. :Headquarters: Kita-ku, Osaka-shi, Osaka, Japan; Founder & CEO, President: Kunihiro Tanakahttps://www.sakura.ad.jp/corporate/en/[3] AWL, Inc. :Headquarters: Chiyoda-ku, Tokyo, Japan; President and CEO: Muneharu Kitadehttps://awl.co.jp/en/[4] Xtreme-D Inc. :Headquarters: Shinagawa-ku, Tokyo, Japan; Founder and CEO: Naoki Shibatahttps://xtreme-d.net/ (in Japanese)[5] Morgenrot Inc. :Headquarters: Chiyoda-ku, Tokyo, Japan; Representative Director, CEO: Ryuei Morimotohttps://morgenrot.net/[6] The global market for generative AI is projected to grow approximately 20-fold from 2023 to 2030 :Source: Japan Electronics and Information Technology Industries Association "JEITA Announces Global Demand Forecast for Generated AI" (December 21, 2023) (in Japanese)[7] It is estimated that data centers will consume 10% of the world's electricity generation by 2030 :Exhibit February 2020 Japan Science and Technology Agency "Impact of Information Society on Energy Consumption (Vol.2)" (in Japanese)About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.Press ContactsFujitsu LimitedPublic and Investor Relations DivisionInquiries Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Oct 21, 2024 - (JCN Newswire via SeaPRwire.com) - TOYOTA GAZOO Racing World Rally Team further closed the gap in the FIA World Rally Championship with a strong final day performance even as it missed out on overall victory.Car 33 (Elfyn Evans, Scott Martin)Takamoto Katsuta was the star of the final day as he completed an excellent return to action, claiming the maximum 12 points on offer by topping both the Super Sunday classification and the rally-ending Power Stage.Following a short break in his season as he sat out the previous round in Chile, Katsuta showed good confidence and pace from the start of the all-asphalt CER, while also driving smartly when the often-slippery conditions required a more cautious approach. Pushing harder on Sunday, he was quickest on the first pass through the Passauer Land test and again when he returned for the Power Stage.Finishing fourth overall, Katsuta and co-driver Aaron Johnston were quickest across Sunday by 3.8 seconds ahead of team-mates Elfyn Evans and Scott Martin, who scored a second successive podium in second place and were third in the Power Stage.Together, the efforts of Evans and Katsuta meant TGR-WRT scored two points more than its main rival Hyundai this weekend, closing the gap to 15 points ahead of next month’s final round at Rally Japan – where a maximum score across the event would be enough to claim another title.Evans had been part of a close battle for the victory which was led by TGR’s Sébastien Ogier coming into the final day. While a wide moment meant he conceded the lead to Ott Tänak (Hyundai) in the first stage of the day, Ogier responded to reduce the gap to 1.5s with two stages to go. Continuing to push hard, he then unfortunately slid wide on a muddy corner in SS17 and hit a tree, forcing him and navigator Vincent Landais out on the spot.Sami Pajari and co-driver Enni Mälkönen suffered a similar fate in the first stage of the morning, bringing a slightly early end to another impressive outing in a GR YARIS Rally1 HYBRID – his first on asphalt and third in total. Pajari was on for another top-six finish overall as he continued his learning process at the highest level, gaining more valuable experience.As planned, Pajari will return to driving the GR Yaris Rally2 car at Rally Japan where he has a chance to claim the WRC2 championship title if he can finish in the top two in the category.The GR Yaris Rally2 car took second place on the WRC2 podium at CER in the hands of Czech driver Filip Mareš and the Toyota Dolak team.Quotes:Jari-Matti Latvala (Team Principal)“I’m happy with the really strong results of Elfyn and Takamoto on this rally and especially today, they have really helped the team to keep the championship alive. Seb was naturally very disappointed after his accident which was very unfortunate because he was again very fast here. After that, it was looking like we might lose some points, but in the end thanks to Taka and Elfyn we gained two on our competition, so we are still in the game for Rally Japan: it’s in our hands if we aim for a one-two overall and full points on Sunday. We’re really happy for Taka especially: with time to reset he came back and did exactly what we needed him to do. He was careful when he needed to be, increased the confidence and then his performance on Sunday was coming naturally. With Sami, his performance was growing all the time on asphalt. It was just a small mistake this morning and he paid a big penalty but that’s part of the learning process and the next goal for him is to fight for the WRC2 title in Japan.”Elfyn Evans (Driver car 33)“It’s not been a bad weekend for us. Together with Scott we come away as the crew that scored the most points and we have to be somewhat satisfied about that and it’s good for the team. Maybe we were not always setting the stage times alight, but we had some strong moments and it was quite a consistent weekend. We were missing a little bit here and there but we’re here at the end in second place and we can be reasonably happy with that. In terms of manufacturers’ points we took a little hit today unfortunately but it wasn’t bad on that side so at least we’re still in the game and it’s all open for Rally Japan.”Sébastien Ogier (Driver car 17)“I feel really very sorry for the team for what happened today. In this penultimate stage the first corner going under the trees was much muddier than I anticipated and I just understeered wide and hit the tree on the outside. The route note crews did not have the chance to pass through this stage before us so I didn’t have the information in my notes, but this is no excuse because I’m behind the wheel and the other drivers didn’t make the same mistake. Right now I feel very disappointed, especially for the team because it could have been a strong weekend for us. It's been three rallies in a row where we clearly have the speed but not the result at the end. Thanks to Elfyn and Taka we still have a chance in the championship at Rally Japan and we will try our best again there.”Takamoto Katsuta (Driver car 18)“I want to say a huge thanks to the team for the incredible support they gave me through some difficult moments in the last two months. It’s been a very tough season for myself so I felt a lot of pressure to do a good job here, but we are able to do it with full points on Super Sunday and the Power Stage as well as fourth overall. I was really enjoying the driving and the feeling in the car, and I’m really happy to finish the rally with this result. Of course we have still one rally to go at Rally Japan and I will try to do my best there together with the team. We never give up and we keep pushing.”Sami Pajari (Driver car 5)“In the first stage today I went a bit wide on one corner and we were maybe a bit unlucky to roll so easily, but it was my mistake. It’s a pity and I’m sorry for the team. I just need to learn from this, understand what happened and be better in the future. Up to then, the rally had been really nice for us, every day was really clean, and there was clear development through the weekend. I got quite a nice feeling with the car and did some decent stage times, and most importantly we learned a lot. These three rallies in the Rally1 car have been really amazing, a dream come true for me and I’ve enjoyed it a lot. Now I look forward to doing my best at Rally Japan in WRC2.”PROVISIONAL FINAL CLASSIFICATION, CENTRAL EUROPEAN RALLY1 Ott Tänak/Martin Järveoja (Hyundai i20 N Rally1 HYBRID) 2h37m34.6s2 Elfyn Evans/Scott Martin (Toyota GR YARIS Rally1 HYBRID) +7.0s3 Thierry Neuville/Martijn Wydaeghe (Hyundai i20 N Rally1 HYBRID) +39.8s4 Takamoto Katsuta/Aaron Johnston (Toyota GR YARIS Rally1 HYBRID) +1m21.0s5 Grégoire Munster/Louis Louka (Ford Puma Rally1 HYBRID) +3m41.9s6 Nikolay Gryazin/Konstantin Aleksandrov (Citroën C3 Rally2) +9m17.6s7 Oliver Solberg/Elliott Edmondson (Škoda Fabia RS Rally2) +9m34.1s8 Filip Mareš/Radovan Bucha (Toyota GR Yaris Rally2) +11m41.5s9 Miko Marczyk/Szymon Gospodarczyk (Škoda Fabia RS Rally2) +12m10.6s10 Kajetan Kajetanowicz/Maciej Szczepaniak (Škoda Fabia RS Rally2) +12m20.3sRetired Sébastien Ogier/Vincent Landais (Toyota GR YARIS Rally1 HYBRID)Retired Sami Pajari/Enni Mälkönen (Toyota GR YARIS Rally1 HYBRID)(Results as of 17:00 on Sunday, for the latest results please visit www.wrc.com)2024 FIA World Rally Championship for drivers after round 12:1 Thierry Neuville 225 points2 Ott Tänak 2003 Elfyn Evans 1854 Sébastien Ogier 1665 Adrien Fourmaux 1466 Kalle Rovanperä 1147 Takamoto Katsuta 1028 Dani Sordo 449 Sami Pajari 4110 Gregoire Munster 372024 FIA World Rally Championship for manufacturers after round12:1 Hyundai Shell Mobis World Rally Team 526 points2 TOYOTA GAZOO Racing World Rally Team 5113 M-Sport Ford World Rally Team 267What's next?The season will conclude on home roads for TGR at Rally Japan on November 21-24. The event, which returned to the WRC calendar in 2022, is held on demanding asphalt roads in the mountains of the Aichi and Gifu prefectures, around the service park in Toyota City near Nagoya. Copyright 2024 JCN Newswire via SeaPRwire.com.

Key Highlights:GHL and JCB announce its strategic partnership, enabling the acceptance of JCB Cards on GHL’s merchant terminals in Malaysia, Thailand and the Philippines.This partnership ensures that GHL will continue to remain an omni-channel provider of payment acceptance services across its footprint, enabling its merchants to accept all payment types including JCB cards, bolstering the accessibility and flexibility.The rollout is set to begin in Malaysia in the third quarter of 2024, followed by Thailand and the Philippines.TOKYO & KUALA LUMPUR, Oct 21, 2024 - (JCN Newswire via SeaPRwire.com) - GHL Systems Berhad (GHL) and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan’s leading international payment brand (JCB) have officially announced its strategic partnership, enabling the acceptance of JCB Cards for GHL’s merchants in Malaysia, Thailand and the Philippines. This regional collaboration represents a significant step forward for both companies, aiming to empower merchants and shoppers across these regions with enhanced payment convenience.With JCB's extensive global presence and card network, this partnership adds another dimension to GHL's payment solutions. GHL merchants will seamlessly accept JCB Cards, offering a smooth payment experience for JCB cardmembers.With GHL's merchant network stretching over a vast footprint of over 480,000 payment touchpoints, spanning various sectors across Malaysia, Thailand, and the Philippines, this partnership holds the potential to significantly increase JCB Card usage and accessibility. Through this partnership, the entire region can benefit from greater flexibility and the fostering of stronger business relationships between merchants and customers alike.The tourism industry is projected to return to pre-pandemic levels by the end of 2024, with international tourism levels expected to surpass pre-pandemic figures. This resurgence is primarily driven by a stronger recovery in Asia, according to a report by the UN World Tourism Organization.Sean Hesh, Executive Director & Group Chief Executive Officer at GHL said, "This partnership not only reinforces our dedication to innovation and delivering seamless payment solutions but also highlights our commitment to simplifying payments regionally. With GHL poised to expand payment options at the merchant’s point of sale, businesses are empowered to better accommodate the anticipated surge in inbound tourist spending in 2024 and beyond."Hiroko Michishita, Managing Director, JCB International Asia Pacific said, “This is a milestone for JCB’s business expansion in the region since GHL has a strong presence as well as ambition to grow further in acquiring business. Leveraging this partnership, we will be able to better serve our cardmembers from across the globe with enhanced card acceptance points. In addition, our confidence in this partnership is strengthened as GHL utilizes the JCB Payment Gateway* powered by Soft Space.”The rollout is set to begin in Malaysia in the third quarter of 2024, followed by Thailand and the Philippines.About GHL Systems BerhadAs ASEAN’s leading payment solutions provider, GHL’s reach spans across 6 countries; Malaysia, Philippines, Thailand, Indonesia, Singapore and Australia – stretching over a vast footprint of over 480,000 payment touchpoints across the region. At the forefront of the region’s cutting edge fintech, GHL empowers the payment revolution that is shaping today’s spending trend, offering extensive payment options, both offline and online to fulfil merchants’ and consumers’ needs.GHL is the leading payment acquirer in ASEAN for over 100 global and regional payment schemes and channels, processing over RM2 billion payment transactions per month. Apart from being Malaysia’s largest prepaid credit top up and bill collection network, GHL aspires to catalyse sustainable livelihood of the Micro Small Medium Entrepreneurs (MSMEs) through financial and non-financial value-added services. In 2024, GHL Systems Berhad was acquired by and became a wholly owned subsidiary of NTTData Japan, one of the top ten global IT services providers. (www.ghl.com)About JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 49 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 158 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/About JCB Payment GatewayThis is a regional payment gateway service which enables businesses to accept payments from JCB cardmembers, both in-store and online. Powered by Soft Space, a leading fintech-as-a-service (FaaS) provider backed by JCB investment, it offers acquirers and payment facilitators a straightforward Application Programming Interface (API) specification and provides their merchants access to 158 million JCB cardmembers.For more information, kindly contact:GHL Group Corporate CommunicationEmail: marcomm@ghl.com Tel: +603 6286 3388JCB Corporate CommunicationEmail: jcb-pr@info.jcb.co.jp Tel: +81-3-5778-8353 Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Oct 18, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Corporation (MC) is pleased to announce that MC, Ayala Corporation (AC), and AC Ventures Holding Corp (ACV) have reached an agreement on MC’s investment in ACV subject to the execution of definitive transaction documents and the satisfaction of customary closing conditions. AC is a major conglomerate in the Philippines and ACV currently holds an about 13% stake in Globe Fintech Innovations, Inc. (Mynt), the parent company of GCash, the Philippines’ number one finance super app and largest digital cashless ecosystem in the country. Under the terms of the agreement, MC shall acquire a 50% stake in ACV and pursue future investment opportunities.In addition, MC and AC are going to sign a memorandum of understanding (MoU) on a comprehensive collaboration in the Philippines. The MoU covers additional business developments aimed at stimulating the country's economic growth.MC aims to create a prosperous society and a “Smart-Life” ecosystem in the form of improved lifestyle for consumers by launching multiple attractive businesses that address social issues and consumer needs in each region and country, and organically connecting them. These ecosystem addresses both challenges faced by social issues and consumer needs, and sustainable growth of our business portfolio.Among the various consumer services, digital financial services are positioned as a critical initiative to capture the growth of consumer demand in ASEAN and to realize a society where everyone can easily access financial services (i.e. financial inclusion). It is also seen as an infrastructure business that organically connects multiple consumer services.The Philippines is expected to have the highest population and GDP growth among ASEAN countries. Although relatively few people in the Philippines have bank accounts, most have mobile phones and access to the Internet, which makes the Philippines an attractive market with significant room for growth in digital financial services. Approximately 80% of the country's citizens have ever tried using the "GCash" mobile wallet, which is Mynt's core business. With a vision to accelerate financial inclusion in the Philippines, the product has by far the largest mobile-wallet customer base in the Philippines and has grown into an indispensable service infrastructure, relied on by millions for daily payments, transfers and other financial transactions. In addition to its digital payments and transfers, Mynt, through its other subsidiaries, also provides access to loan services using non-traditional ways to assign customer credit scores to enable access to fair lending. It has also expanded its financial services offerings to provide users access to savings, insurance, and investment products. Furthermore, it has built the largest network of online and offline merchants including social sellers with over 6 million partners while hosting over 1,000 merchant partners in its app, via GLife.AC is among the Philippines' largest business conglomerates. MC first partnered with it in 1974 and has since built up an impressive, nationwide track record of collaborative businesses in various industries. This year marks the 50th anniversary of the partnership, and to further enhance the relationship, the two companies have signed an MoU for comprehensive collaboration. Both MC and AC are committed to boosting Mynt's corporate value and leveraging other joint initiatives to create new businesses in the Philippines and contribute to its economic development. Those efforts will include continuous business development and cross-sales in C2B area* like retail and healthcare, and multifaceted collaborations in mobility, renewable energy, carbon management and elsewhere.*In MC, we develop our growth strategies starting from consumer needs under the belief that it is the consumers who hold the power of choice in today's society with full of goods and services. To emphasize the importance of addressing consumer needs through a 'market-in' perspective, we deliberately define and refer to our so-called 'B2C' business as 'C2B' business.With the Mitsubishi UFJ Financial Group (MUFG) having also announced its investment in Mynt this past August, MC and AC shall work with MUFG as fellow shareholders to aid the company's future growth and development.VisionAbout Mitsubishi CorporationEstablished: April 1, 1950 (Foundation July 1, 1954)Representative: Katsuya Nakanishi, Representative Director, President and CEONumber of employees: Non-consolidated 5,421, consolidated 80,037 (as of the end of March 2024)Business description: The company 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.Website: www.mitsubishicorp.com/jp/en/About MyntHeadquarters: Taguig City, PhilippinesRepresentative: Martha Sazon, President and CEO Year of Establishment: 2015 Main Business Activities: Mynt is the first and only $5 billion unicorn in the Philippines. It is a leader in mobile financial services focused on accelerating financial inclusion through mobile money, financial services, and technology. Mynt operates two fintech companies: GXI, the mobile wallet operator of GCash — the #1 finance super app and largest digital cashless ecosystem in the Philippines, and Fuse Lending, a tech-based lending company that gives Filipinos access to microloans and business loans.About Ayala CorporationHeadquarters: Makati City, PhilippinesRepresentative: Cezar P. Consing, President and CEOYear of Establishment: 1834Main Business Activities: For 190 years, Ayala Corporation has been building businesses that enable people to thrive. As one of the largest and most enduring conglomerates in the Philippines, Ayala has established meaningful presence in real estate, banking, telecommunications, and renewable energy. It likewise has a growing presence in healthcare, logistics, mobility, fintech as well as investments in industrial technologies, education, and technology ventures. Ayala manages its corporate social responsibility initiatives through Ayala Foundation.MaterialityBased on the Three Corporate Principles, which serve as MC’s core philosophy, MC has continued to grow together with society by contributing to the sustainable development of society through its business activities while pursuing value creation. MC’s revised “Materiality” was announced in Midterm Corporate Strategy 2024 as a set of crucial societal issues that MC will prioritize through its business activities, towards the strategy’s goal of continuous creation of MC Shared Value (MCSV). Guided by this Materiality, MC will continue to strengthen its efforts towards sustainable corporate growth. Out of the six material issues relating to “Realizing a Carbon Neutral Society and Striving to Enrich Society Both Materially and Spiritually”, this project’s activities particularly support “Contributing to Decarbonized Societies”,“Promoting Stable, Sustainable Societies and Lifestyles”,"Utilizing Innovation to Address Societal Needs","Addressing Regional Issues and Growing Together with Local Communities".Inquiry Recipient:Mitsubishi CorporationTelephone:+81-3-3210-2171 Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Oct 18, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Kyushu Electric Power Co. Inc. (Kyushu) to supply MOX(1) fuel assemblies for Unit 3 of the Genkai Nuclear Power Station. Under this contract, MHI will perform design of MOX fuel, and have components such as cladding tubes manufactured by Mitsubishi Nuclear Fuel Co., Ltd. (MHI Group) provided to Orano, who plans to fabricate 40 MOX fuel assemblies at its MELOX plant in France.MOX Fuel AssemblyMHI has previously supplied 57 MOX fuel assemblies to Japanese utilities, and will supply high-quality MOX fuel by leveraging its past experience and technical capability. MOX fuel will enable Kyushu to utilize plutonium extracted by reprocessing spent fuel, and MHI will contribute to steady promotion of Kyushu's "Plu-Thermal" plan(2) through the supply of MOX fuel.(1) MOX (Mixed Oxide Fuel) is nuclear fuel made of plutonium extracted by reprocessing of spent fuel, and uranium.(2) The "Plu-Thermal" plan is to utilize MOX fuel in light water reactors.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.