TOKYO, Dec 11, 2020 - (JCN Newswire) - Biogen and Eisai, Co., Ltd. (Tokyo, Japan) announced that Biogen has submitted a Japanese New Drug Application (J-NDA) to the Ministry of Health, Labor and Welfare (MHLW) for aducanumab, an investigational therapy for Alzheimer's disease. Aducanumab, an amyloid beta-targeting antibody, has been shown in clinical trials to remove amyloid beta in the brain and significantly slow clinical decline in patients with Mild Cognitive Impairment (MCI) due to Alzheimer's disease and mild Alzheimer's disease dementia."Japan is the third market where we have applied for regulatory approval for aducanumab, and the filing represents continued progress on our commitment to bring this therapy to patients around the world," said Michel Vounatsos, Chief Executive Officer at Biogen. "Japan has met the challenges of a rapidly-aging population by demonstrating global leadership in setting policies that aim to increase support for Alzheimer's disease patients and caregivers. We look forward to the regulatory review of aducanumab with the hope that, if approved, it could help further manage the impact of this devastating disease.""As Japan has the oldest population in the world, it is anticipated that the social burden of Alzheimer's disease will continue to grow," said Dr. Haruo Naito, Chief Executive Officer at Eisai Co., Ltd. "For more than 30 years, Eisai has been dedicated to dementia research and development, and working with people living with Alzheimer's and their caregivers to fight this disease. The filing of the application is an important step in serving patients and their families as aducanumab may help reduce clinical decline and potentially maintain the ability to live an independent life for as long as possible. Aducanumab also has the potential to help address the public health challenges our aging population faces in Japan."The Japanese regulatory authority will review the application through the standard review process. In addition to the filing in Japan, aducanumab is under Priority Review with the U.S. Food and Drug Administration, with a Prescription Drug User Fee Act (PDUFA) action date of March 7, 2021 and is also under review with the European Medicines Agency. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

TOKYO, Dec 11, 2020 - (JCN Newswire) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has become a member of "Planning and Design Center for Greener Ships," a core organization established to plan and propose state-of-the-art ships on a continuing basis through integration of the accumulated expertise of Japan's shipbuilding industry. Together with other members of domestic shipbuilders, going forward Mitsubishi Shipbuilding will pursue development of advanced environmental performance-enhancing technologies for the era of carbon neutrality, targeting near-zero carbon emissions, and engage in activities focusing on research and development related to commercialization of next-generation greener ships.Members of Planning and Design Center for Greener ShipsThe founding aim of the Planning and Design Center for Greener Ships is to contribute to the growth of Japan's shipbuilding industry by developing advanced environmental performance-enhancing technologies that will respond to tightening of environmental regulations over the long term through consolidation of the country's technologies in ship design, and by advancing commercialization of next-generation greener ships. A total of nine domestic shipbuilders, including Mitsubishi Shipbuilding, together with Nippon Kaiji Kyokai (ClassNK), have already joined or announced intent to join the Center. Going forward, further participation will be sought among domestic companies involved in marine business, shipping companies, trading houses and other entities supporting the Center's aims. Initially, the Center, representing Japan's shipbuilding industry, will strive to prepare a detailed proposal on next-generation ships that will reduce greenhouse gas (GHG) emissions, in a quest to achieve the medium to long-range targets of the International Maritime Organization (IMO), the United Nations specialized agency that serves to promote international cooperation concerning maritime issues.On December 10, a presentation was held in Yokohama to announce the establishment of Planning and Design Center for Greener Ships. At this news conference, a number of messages were launched directly for the domestic marine industry. One focused on the current situation in which global industrial society, including the marine industry, has entered a period of significant change stemming from response to the problem of global warming, rapid progress in digital technologies, etc., and in particular the accelerating demands for efforts to achieve zero carbon. Another emphasized that the future of Japan']'s shipbuilding industry, which today faces a critical situation largely attributable to the supply-and-demand imbalance in the global shipbuilding market, will be carved out by accelerating efforts to lead the world in integrating diverse environmental technologies and building competitive ships.Mitsubishi Shipbuilding believes it is important, for the growth of the domestic shipbuilding industry, to collaborate with other members in developing environmental technologies for the present and future, and to continuously plan and propose state-of-the-art ships. Going forward, as a member of the Planning and Design Center for Greener Ships, Mitsubishi Shipbuilding will expand on its marine and comprehensive technologies accumulated throughout MHI Group, and promote the development of advanced environmental performance-enhancing technologies that will respond to tightening environmental regulations over the medium to long term. By pursuing commercialization of next-generation greener ships, Mitsubishi Shipbuilding will play a leading role in activities that contribute to the growth of the domestic marine industry. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

TOKYO, Dec 11, 2020 - (JCN Newswire) - MITSUBISHI MOTORS CORPORATION (MMC) has teased the first image of the highly anticipated next-generation OUTLANDER. The vehicle will debut first in the U.S., Canada and Puerto Rico in February 2021, and follow soon-after in other international markets.Developed under the ideal of the Japanese term "I-Fu-Do-Do", which means authentic and majestic, the all-new OUTLANDER demonstrates strength and quality from the inside out. The exterior design is refined, with a powerful and proud front end with new generation Dynamic Shield design concept. The complete transformation from dimensions to exterior styling previews the design direction for the future MITSUBISHI MOTORS' models."The OUTLANDER is an iconic SUV for the company, so when we developed the next generation model, we took inspirations from our rich SUV heritage to realize a bold and confident styling with a solid stance that excites our customers," said Seiji Watanabe, Division General Manager of Design (Head of Design), MMC. "The all-new OUTLANDER is the first model epitomizing the new generation of Mitsubishi design and the frontrunner of our design strategy."The all-new OUTLANDER launch will be livestreamed in February 2021; more information on the launch will be made available after the new year. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

TOKYO, Dec 10, 2020 - (JCN Newswire) - Showa Denko K.K. (SDK; TSE:4004) has formulated its future "Long-term Vision (2021-2030) for Newly Integrated Company" (Long-term Vision) following integration with Showa Denko Materials Co., Ltd. (Showa Denko Materials).Since making Showa Denko Materials a consolidated subsidiary on April 28 of this year, Showa Denko has been developing its Long-term Vision in order to integrate the two companies as soon as possible and establish a foundation for future growth.Showa Denko and Showa Denko Materials are committed to providing new functions and value as an integrated company (the Company) in the chemicals industry where intensification of global competition and changes in market structure are expected to go forward, thereby contributing to the realization of a sustainable society.1. Long-term Vision and synergy for Newly Integrated Company(1) Purpose and Ideal stateIn terms of purpose, the Newly Integrated Company will seek to "change society through the power of chemistry." This includes contributing to the sustainable development of global society by creating functions required of the times as an advanced material partner. In addition, the Company will strive to become a company with a "strong presence in the global market" and that "contributes to a sustainable global society," which are the two things the Company aims to achieve in terms of its Ideal state in order to fulfill its purpose.Currently, global demand for solutions to environmental and social issues and contributions to SDGs is driving the need for the renewal of various social infrastructure such as digital infrastructure, mobility and energy. In this context, expectations for innovation by materials manufacturers are growing.By integrating the two companies, the Showa Denko Group (the Group) will meet these societal demands and expectations of its customers head on. It will provide onestop solutions and new functions to its customers and contribute to a sustainable society as a whole as a "global top-level functional chemical manufacturer" that will realize a breakthrough by fusing Showa Denko's midstream materials technologies, Showa Denko Materials' downstream application technologies and both companies' evaluation and analysis technologies.(2) Portfolio managementTo realize its Ideal state, the Showa Denko Group will leverage its highly complementary business portfolio built through the integration of the two entities. It will continue to provide new functions to the market and realize continuous growth by having its four business categories - "Core Growth" business, "Next-Generation" business, "Stable Earnings" business and "Fundamental Technologies/Materials" business - each plays a different role with a competitive advantage commensurate with their respective roles."Core Growth" business - Electronics, MobilityBusiness that possesses overwhelming scale/top-share products in growing markets and which will sustain the Group's future growth"Next-Generation" business - Life ScienceBusiness in an advantageous position that can lead to future growth in promising markets, and that will be developed into a next-generation pillar"Stable Earnings" business - Carbon, Petrochemicals, Device Solutions, Industrial Gases, Basic Chemicals, Aluminum Rolled Products, Aluminum Cans, Coating Materials, Electronics Materials, EnergyBusiness which earns a stable profit and generates investment capital with competitiveness/high share in markets where competitive landscape is stabilizing"Fundamental Technologies/Materials" business - Ceramics, Functional Chemicals, Aluminum Specialty ComponentsTechnology platform business to support innovation of other businesses with a wide range of inorganics, organics and aluminum technologies that support the competitiveness of the other three business categoriesIn particular, by strengthening the competitiveness of each of the business categories with the wide range of technologies and materials offered by the "Fundamental Technologies/Materials" business, and by continuing to refine such technologies and materials across a variety of businesses, the Group will expand its presence in new and promising future markets.(3) "Core Growth"/"Next-Generation" businessesThe "Core Growth" and "Next-Generation" businesses will drive the Showa Denko Group's future growth. The Group will pursue business development with a good understanding of differences in market stages and our position in each business.Electronics:With the prospect of continuous technological innovation and market growth, the market is expected to remain fiercely competitive. However, the direction of technological development is set and rapid structural changes and new entries in the industry are less likely to occur. As the world's No. 1 semiconductor materials manufacturer[1], with sales of around 200 billion yen, the Showa Denko Group is in the top position, far ahead of all other players in terms of business scale, and offers a broad product portfolio that boasts global top-level competitiveness and share in both wafer and packaging processes. Through the integration of the two companies, the Group will meet the expectations of its customers and win in growth markets by continuing to develop cutting-edge products and provide one-stop solutions with its enhanced technological capabilities.Note 1: The Showa Denko Group statistics; does not include silicon wafersMobility:With both future areas of high certainty and areas of uncertainty co-existing in the changing marketplace, the Showa Denko Group envisages that competition for the top position by multiple materials manufacturers will continue. The Group will manage certainty and uncertainty with its portfolio of businesses, by leveraging global top share products and its product line-up enhanced through integration, such as businesses that capture the highly certain trend of vehicle weight reduction against the backdrop of greenhouse gas reduction (multi-materials/resin molded automotive module business), businesses that capture the shift to electrification which is a trend that ranks alongside weight reduction (heat management materials packages business for Si power devices), and among the shift, businesses that seek to prepare for uncertainty of outlook for penetration of each powertrain which is driven by national policies in each country (LiB materials business, heat management materials packages business that maximizes performance of SiC power module) etc.Life Science (Regenerative Medicine):While the market is expected to grow significantly in the future, there is a wide range of views when it comes to expansion timelines and segments, and there are still a limited number of players in the market. Amid this, the Showa Denko Group will not only pursue growth by leveraging its first-mover advantage, including its global top-class contracting track record and know-how, global production structure that includes three sites in Europe, Asia and North America and was established ahead of other players, and development of pioneering manufacturing technology aimed at cost innovation, it will also build a medium-to-long-term competitive advantage by swiftly capturing future changes in the market.Among "Core Growth" and "Next-Generation" businesses, the Showa Denko Group has positioned the following five businesses as "growth businesses" that will drive the Group's growth over the medium to long term.- Electronics: Semiconductor wafer process business, semiconductor packaging process business- Mobility: Multi materials/resin molded automotive module business, heat management (power module) business- Life Science: Regenerative medicine businessCumulative sales for the above five growth businesses totaled approximately 230 billion yen in 2020, and the Group will seek to expand business scale to 600 billion yen by 2030 while achieving CAGR of 10% through innovations including technological synergies. In addition, it will generate an additional 18 billion and 48 billion yen in operating income in 2025 and 2030, respectively, through innovations that includes synergies across these five businesses.(4) Technology fusion through integrationAs a hybrid advanced material company combining midstream materials technology and downstream application technology, the Showa Denko Group will realize innovations centered on its growth businesses by integrating the technologies of both companies after integration. In addition to strengthening and creating businesses through the ongoing provision of a wide range of functions to the market through the fusion of three chemical technologies, namely "chemistry to synthesize," which encompasses Showa Denko's midstream materials, "chemistry to formulate," which constitutes Showa Denko Materials' downstream applications, and "chemistry to think," which includes both companies' evaluation/simulation technologies, structure analysis and computational science, the Group will continue to enhance its technology through its businesses, and with this virtuous cycle achieve self-directed portfolio reform and sustained high growth.In order to increase earnings, with a focus on the five growth businesses mentioned above, the Showa Denko Group will work to realize synergies through the integration of products and technologies of the two companies, as exemplified by the following examples, and achieve business growth rates that exceed market growth in each business.Semiconductor wafer process business: With performance of semiconductors becoming faster and higher than ever before, there is a need for technological innovation in semiconductor materials. While players such as GAFA have started to approach material manufacturers as they seek to manufacture key devices in-house, indicating that the growing importance of materials-related innovation, achieving breakthroughs in materials technology is becoming increasingly difficult each year. In this context, the Showa Denko Group will continue to meet the needs of its customers by breaking through technology trade-offs through the combination of technologies of both companies. For example, in the case of CMP slurry, a material used for smoothing and flattening semiconductor substrates in the semiconductor device manufacturing process, the Group is developing a next-generation product that combines a high removal rate and scratch reduction by utilizing Showa Denko's abrasive technology for Showa Denko Materials' "ultra-low-scratch Nano-ceria Slurry."Semiconductor packaging process business: As a result of trends such as the adoption of 5G and laminates, two aspects of technological innovations are required simultaneously - functional sophistication of individual semiconductor-related materials, and new packaging configurations and processes. The Showa Denko Group will leverage its "Packaging Solution Center," which is highly regarded by semiconductor manufacturers, to provide new value to its customers by combining materials based on evaluation technology, and will undertake the development of cutting-edge, next-generation products that combine technologies from both companies. For example, when it comes to laminate materials, the Group will develop next-generation products that combine Showa Denko Materials' copper clad laminates with Showa Denko's resin design technology and filler technology.Heat management (power module) business: With a shift to electronic control of vehicles, it is expected that new heat control challenges will occur and partial outsourcing by power module manufacturers will begin. The Showa Denko Group will address the technological challenges and needs of its customers by expanding its lineup of heat management materials and combining materials leveraging analysis and module evaluation technologies. Going forward, the Group will also consider promoting heat management materials packages that draw out the potential of SiC by leveraging SiC epitaxial wafer business.(5) Contribution to SDGsThe Showa Denko Group has established and follows Our Code of Conduct, which defines what each and every employee should do for the sustainable development of the international community and the Group itself. In addition, the Group will pursue business activities in accordance with the 17 Sustainable Development Goals (SDGs), will contribute to SDGs through various technologies and businesses, and further strengthen ESG efforts.Examples of post-integration contribution to SDGs through various technologies and businesses:- Optimize electric-power/resource consumption by offering next-generation semiconductor materials etc.- Increase resources efficiently/reduce greenhouse gases through chemical recycling of used plastics- Contribute to CO2-free energy creation through hydropower generation- Promote effective use of iron resources by supplying graphite electrodes for electric furnaces- Reduce greenhouse gases through mobility weight reduction/electrification- Improve QOL through Life Science business2. Long-term numerical targets(1) Thinking behind long-term numerical targetsShowa Denko's business philosophy aims to enhance value provided by the Group with the aim of satisfying all stakeholders, such as employees who drive value creation, shareholders, customers, and business partners.Showa Denko Group Business Philosophy"We at the Showa Denko Group will provide products and services that are useful and safe and exceed our customers' expectations, thereby enhancing the value of theGroup, giving satisfaction to our shareholders, and contributing to the sound growth of international society as a responsible corporate citizen."In creating its Long-term Vision, Showa Denko has set Total Shareholders Return (TSR), which is a comprehensive indicator of corporate value enhancement, EBITDA margin, net D/E ratio, and other indicators as long-term numerical targets for the newly integrated company, and is committed to their achievement.(2) Long-term numerical targetsPlease see www.sdk.co.jp/assets/files/english/news/2020/20201210_sdknewsrelease_e.pdf(3) Profit improvement drivers through 2025Although Showa Denko anticipates 2020 EBITDA margin of 8% (which it is on track to achieve; on an annualized basis), from 2021 onwards, the company will raise EBITDA margin to 15% by 2025 through business growth centered on Electronics and Mobility, aforementioned innovation initiatives, and structural reforms. In addition to these efforts, it aims to achieve EBITDA margin of 20% that factors in recovery from the impact of COVID-19 and market fluctuations. Even if market conditions deviate from expectations, the company will recover through business restructuring and additional structural reforms to achieve EBITDA margin of 20%.(4) Shareholder return policyIn regards to distribution of cash generated through future business growth, the Showa Denko Group will factor in the situation after integration, and for the time being, strive to pay out dividend as stably as possible, while prioritizing growth investment for profit growth and bringing net D/E ratio close to 1.0 times. In addition, the company will aim for total return ratio of 30% over the medium to long term.(5) Thinking behind compensation systemTo ensure that the Showa Denko Group's management team is committed to collectively achieving Group objectives and enhancing corporate value, Showa Denko intends to link a portion of executive compensation to management indicators. Although specific indicators and weighting for each item are under consideration, the company anticipates linking compensation to KPIs such as TSR, EBITDA margin, ROE and net D/E ratio.3. Short-term synergyIn order to realize continuous growth of the Showa Denko Group, it is important for the Group to carefully select its business portfolio and maximize organizational productivity.As part of these efforts, the company will steadily restructure its business portfolio, improve profit structure, streamline assets, and fully integrate organizations over the short-to-medium term between now and 2023.(1) Business portfolio restructuringAs part of business portfolio restructuring, Showa Denko is considering and negotiating the sell-off of multiple business. In terms of sale price, it envisages theequivalent of 200 billion yen on an enterprise value basis.(2) Profit structure improvement initiatives and asset streamlining1) Profit structure improvement initiativesAs profit structure-related synergies arising from integration of the two companies, Showa Denko Group is considering a series of six key initiatives, including reducing procurement and logistics costs, improving productivity, and reducing operational headcount by about 1,500 employees, in addition to improving sales-related profit, with the aim to achieve an impact of 28 billion yen on the current profit structure by the end of 2023.Sales-related profit improvement (Review sales policy for customers/agents, etc.) Approx. 3 bil. yenProcurement/logistics cost reduction (Consolidate common materials/logistics-related suppliers) Approx. 3 bil. yenProductivity improvement (Improve productivity of production lines) Approx. 2 bil. yenRent reduction (Reduce rent by consolidating head offices) Approx. 1 bil. yenReduction of other costs (Reduce common costs, SG&A, etc.) Approx. 7 bil. yenOperational optimization (Carry out structural reforms through organizational integration and operational efficiency improvement) Approx. 12 bil. yenShowa Denko will achieve a cumulative impact by also steadily implementing initiatives such as increasing profit through new product development and crossselling as well as the consolidation of operation sites, which have not been incorporated into the above initiatives.2) Asset streamliningAs part of initiatives toward greater financial health aimed as recovery from the impact of the deteriorating economic environment, Showa Denko is steadily streamlining assets, and forecasts 50 billion yen for immediate countermeasures through 2021. At the same time, the company also intend to consider additional initiatives over the medium to long term.Reduction of working capital (Compress inventory through supply chain improvement, etc.) Approx. 25 bil. yenSell-off of marketable securities (Sell off cross-shareholdings) Approx. 20 bil. yenSell-off of other assets (Sell off shares of affiliates and excess assets) Approx. 5 bil. yen(3) Organizational/business integration and restructuringShowa Denko will integrate and restructure its own businesses as well as Showa Denko Materials' businesses, based on the respective strategic business positioning of the above-described Core Growth, Next-Generation, Stable Earnings, and Fundamental Technologies/Materials businesses.- Core Growth: Electronics, Mobility- Next-Generation: Life Science- Stable Earnings: Carbon, Petrochemicals, Device Solutions, Energy, etc.- Fundamental Technologies/Materials: Functional MaterialsIn addition, the Showa Denko Group is leveraging its global research and development hub "Stage for Fusion" (Kanagawa Ward, Yokohama City), construction to be completed in spring of 2022, to conduct a joint initiative between head office functions aimed at creating and promoting new ESG-oriented research and development themes by fusing diverse technological specialties of both companies.The Showa Denko Group is making steady progress on PMI toward integration, with the milestone of integration as a corporate entity in January 2023, following substantive integration in July 2021 (unification of chain of command/integration of corporate functions) and integration of head offices in October of the same year.Long-term Vision for Newly Integrated Company (2021-2030)https://bit.ly/39Z6tHgAbout Showa Denko K.K.Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory/graphite electrodes and fine carbon products. The Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high bright LEDs, and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/.Contact:Showa Denko K.K., CSR & Corporate Communication Office, Tel: 81-3-5470-3235 Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

TOKYO, Dec 10, 2020 - (JCN Newswire) - Silicon carbide epitaxial wafers (SiC epi-wafers), the main material for power semiconductors, with a diameter of six inches (150mm) and manufactured by Showa Denko K.K. (SDK; TSE:4004), have been adopted by DENSO Corporation for their latest booster power modules for fuel cell electric vehicles (FCEVs).SDK's SiC epi-wafers, launched in 2009, have been adopted by electronic device manufacturers for various devices including power supply for servers of cloud computing systems, quick charging stands for EVs, and railcars. DENSO adopted SDK's SiC epi-wafers for its next-generation power modules recognizing the track record of adoption by device manufacturers, highest-grade epi specifications, low density surface defects, and low frequency of basal plane dislocation.When compared with current mainstream silicon-based semiconductors, SiC-based power semiconductors can operate under high-temperature, high-voltage, and high-current conditions, while substantially reducing energy loss. These features enable device manufacturers to produce smaller, lighter, more energy-efficient power control modules. SiC power semiconductors are already used in on-board battery chargers and quick charging stands for EVs, and railcars. Demand for SiC power semiconductors is expected to grow, with full scale use in power control units (PCUs) for EVs in and after 2025.The Showa Denko Group aims to contribute to the solution of SDGs-related issues through its business activities and become "a social contribution company" that contributes to the creation of society where affluence and sustainability are harmonized. The size of the market for SiC epi-wafer, which realizes efficient use of energy, is expected to be about 100 billion yen in 2025, and will grow further because of the start of its full-scale use as parts of PCUs. As the largest independent manufacturer of SiC epitaxial wafers, and under a motto of "Best in Class," SDK will continue coping with rapid expansion of the market for SiC epitaxial wafers and providing the market with high-performance and highly-reliable products, thereby contributing to the spread of SiC-based devices.About Showa Denko K.K.Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory/graphite electrodes and fine carbon products. The Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high bright LEDs, and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/.Contact:Showa Denko K.K., CSR & Corporate Communication Office, Tel: 81-3-5470-3235 Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

ZURICH, SWITZERLAND, Dec 10, 2020 - (JCN Newswire) - Hitachi ABB Power Grids today announced the energization of the NordLink project, a 623-km long high-voltage direct current (HVDC) electricity interconnection that for the first time links German and Norwegian power markets.NordLink is the world's first HVDC Light bi-pole installation to perform at a record level of 525-kilovolt (kV) and 1,400 megawatt (MW), nearly doubling the power transmission capacity compared with earlier systems and improving overall reliability and availability in the grid. The increased integration of renewables from both countries, in combination with the usage of pioneering technology, supports the green energy transition."We are delighted to be contributing to this milestone project, which brings Europe another step closer towards its vision of an interconnected and carbon-neutral energy system," said Niklas Persson, Managing Director of Hitachi ABB Power Grids' Grid Integration business unit. "Together, with the NordLink owners, Statnett and TenneT, Hitachi ABB Power Grids is contributing to the development of an integrated European energy market, which is powered by renewable energy and underpinned by an electricity backbone that supports sustainable society.""Our new interconnector, NordLink, is now entering trial operations and is ready to exchange renewable power between our two countries. NordLink will help us to achieve our climate goals and create value on both the Norwegian and the German side of the link," said Executive Vice President, Gunnar G. Lovas at Statnett."The connection provides the German power grid reliable access to hydropower resources in Norway, and Norway access to Germany's substantial base of renewable energy, particularly wind and solar energy resources. The link will help to strengthen the security of supply in a European power grid in which electricity is increasingly generated from sustainable energy," said Chief Operations Officer, Tim Meyerjurgens at TenneT.By energizing the NordLink project and through its HVDC technology, Hitachi ABB Power Grids is contributing to the UN's Sustainable Development Goal 7: increasing access to affordable, reliable, sustainable and modern energy for all. In the future, the link will be capable of delivering enough power to supply approximately 3.6 million homes in Germany.Hitachi ABB Power Grids designed, engineered and supplied the two converter stations -- located in Southern Norway and Northern Germany -- at the heart of theNordLink project. The converter stations have been delivered to a consortium of transmission system operators, Statnett and TenneT, and the state-owned German development bank, KfW. This complex project involving multiple locations, countries and customers, was executed safely and on time. Trial operations start this month and completion is planned for early 2021.Currently the longest and most powerful such interconnection in Europe, NordLink makes use of HVDC Light technology to expand the stable, large-scale integration and exchange of renewable power in Europe.The NordLink project marks a major milestone in Europe's goal of linking national transmission grids to create an efficient and integrated energy market, and will improve the capacity for cross-border electricity trading. NordLink also helps to accelerate the shift towards the integration of grid-connected electricity that is generated from bulk and distributed renewable energy sources, enabling consumers across the region to benefit from sustainable energy. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

Toyota City, Japan, Dec 9, 2020 - (JCN Newswire) - Toyota Motor Corporation today launched the completely redesigned "Mirai" fuel cell electric vehicle (FCEV). The all-new Mirai is available from Toyota vehicle dealers starting December 9.FCEVs run on hydrogen, a fuel that can be produced from various energy sources and contributes to preservation of the global environment and reinforcing energy security. They are the ultimate eco-cars, offering long cruising ranges with a short refueling time and generating zero emissions. The first-generation Mirai, launched in 2014, was a revolutionary FCEV and a global forerunner in mass production. During the early stages of the Mirai's introduction, there was limited supply capacity, and customers made various requests including a larger seating capacity and longer cruising range.In response, Toyota set a target for the all-new Mirai to create a "premium car that will make customers think that 'this is a high-quality car that I truly want' immediately upon seeing it, while driving, and after they complete a trip," while maintaining its status as an FCEV.Hydrogen use has progressed in various forms with the aim of creating a low-carbon and decarbonized economy, and Toyota plans to use new fuel cell (FC) systems that pursue compact size, efficiency, and productivity in the means of mobility that support society including trucks and buses, and contribute to the expanded use of hydrogen.The new Mirai will serve as a new departure point for creating a hydrogen-based society of the future.Grades and PricesTwo grades--the standard G grade and the high-end Z grade---are available. Both grades are equipped with ample and comfortable rear seat space, and the "Executive Package," with enhanced comfort as a luxury vehicle, is available. The "A Package" that includes Toyota Teammate Advanced Park and other features is available for the G grade. Prices for vehicles with Advanced Drive are not yet set.For more information, visit https://bit.ly/36Ymjjr. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

TOKYO, Dec 9, 2020 - (JCN Newswire) - NEC Corporation has been recognized again for leadership in corporate sustainability by global environmental non-profit CDP(1), securing a place on its prestigious "A List" for tackling climate change, as well as acting to protect water security.In 2017, NEC announced its climate change policy guidelines for 2050(2), aiming to reduce CO2 emissions from its direct business operations to become carbon neutral by 2050. In 2018, NEC received Science Based Targets (SBT) certification(3), and is working to expand the use of renewable energy and reduce CO2 throughout its supply chain. NEC also utilizes its ICT technologies to promote climate change mitigation and adaptation in collaboration with a wide range of customers.In addition, NEC is reducing the amount of water used at each of the company's sites, and is supporting disaster countermeasures around the world through the use of AI and IoT.(1) CDP is an international non-profit organization in which investors, companies, cities, nations, and regions operate a global information disclosure system to manage environmental impacts. In fiscal 2020, more than 9,600 companies worldwide disclosed information through CDP.(2) Formulation of climate change policy guidelines aimed at 2050https://www.nec.com/en/global/csr/eco/risk.html?#anc-strategy(3) NEC's greenhouse gas reduction targets approved by the Science Based Targets Initiativehttps://www.nec.com/en/press/201811/global_20181112_01.html Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

TOKYO, Dec 9, 2020 - (JCN Newswire) - Shanghai Showa Chemicals Co., Ltd. (SSC), a Chinese subsidiary of Showa Denko K.K. (SDK; TSE:4004), established a branch in Xi'an, Shaanxi Province, China, and started operation of the branch in December 2020, aiming to strengthen its business to sell and distribute high-purity gases for electronics in China. The new branch is SSC's third business base in China to sell and distribute high-purity gases for electronics, following those in Shanghai and Wuhan.The demand for semiconductors has been increasing due to the spread of the 5th generation mobile communication systems (5G) and cloud computing services, and increase in the amount of communicated data resulting from the rise in distribution of movie contents. The Chinese market for semiconductors has been expanding very rapidly due to the Chinese government's policy to nurture the electronics industry. Also SDK's high-purity gas business in China has been growing very rapidly because of the rapid expansion of the Chinese market.SDK has been taking positive measures to expand its high-purity gas business in China, including establishment of Wuhan Branch (a base to sell and distribute high-purity gases), expansion of the premises of Shanghai Plant for establishment of additional production facilities and hazardous chemicals warehouses, and establishment of a joint corporation in Chengdu. This time, we established the new branch in Xi'an as a base to sell and distribute high-purity gases, aiming to upgrade our customer service and strengthen our system that ensures stable supply of high-purity gases.The Showa Denko Group's Vision is to make itself a "KOSEIHA Company" (a group of KOSEIHA Businesses that can maintain profitability and stability at high levels over a long period), and the Group positions its business to produce and sell high-purity gases for electronics as a KOSEIHA Business. We will continue to make "thorough customer orientation" and "local consumption of locally produced products" our basic policies, aiming to maximize customer experience. And we will expand our business to produce and sell high-purity gases for electronics by responding positively to the lasting vigorous demand for high-purity gases.[Outline of the new branch](1) Branch name: Xi'an Branch, Shanghai Showa Chemicals Co., Ltd.(2) Location: Gaoxin District, Xi'an, Shaanxi Province, China,(3) Establishment: August 28, 2020(4) Scope of business: Sale of high-purity gases for electronics and other chemicals(5) Representative: Yoshinori Ohara (President, Shanghai Showa Chemicals Co., Ltd.)About Showa Denko K.K.Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory/graphite electrodes and fine carbon products. The Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high bright LEDs, and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/.Contact:Showa Denko K.K., CSR & Corporate Communication Office, Tel: 81-3-5470-3235 Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

TOKYO, Dec 9, 2020 - (JCN Newswire) - Fujitsu Limited today announced that the Fujitsu Group has been selected for the CDP's A List for both climate change for the fourth year in a row and water security for the second year in a row, earning the highest rating in the CDP's evaluation of corporate activities in response to climate change and water security.The Fujitsu Group aims to create a prosperous and sustainable society by enacting its medium- to long-term environmental vision, the Fujitsu Climate and Energy Vision, and contributing solutions to societal and environmental issues. Fujitsu plans to decarbonize its own business by 2050 using ICT, while working to mitigate and adapt to the impacts of climate change and to prevent and mitigate disasters as well as conserve water resources, through its business activities. CDP is an international non-profit organization that manages global disclosure for companies' activities relating to climate change, forests, and water security, on behalf of institutional investors that have total investment assets in excess of $106 trillion(As of 2020/12/7). The survey evaluates companies' outstanding efforts to demonstrate leadership in disclosing information, identifying and managing risks, addressing challenges, as well as setting ambitious and significant goals.The Fujitsu Group's Initiatives in Climate Change and Water SecurityThe Fujitsu Group laid out its medium- to long-term environmental vision, the Fujitsu Climate and Energy Vision, in May 2017. The group is working to achieve both zero CO2 emissions from its own business through the use of AI and other technologies that support digital transformation. The group is additionally taking measures to mitigate and adapt to climate change through its business activities by contributing to such efforts as the construction of more resilient social infrastructure and the creation of a decarbonized society. In addition the Fujitsu Group has aimed to reduce its internal water intake and promote activities to conserve water resource in the upstream supply chain, and is developing high-performance computing and AI to solve social issues such as water-related disaster prevention and mitigation. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

TOKYO, Dec 8, 2020 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that it has signed two contracts with Myanmar's state-run railway, Myanma Railways to deliver it new units of rolling stock. The first is for 66 cars that will be used in the Yangon Circular Railway (YCR) Project, and the second is for 180 cars that will be used in the Yangon-Mandalay Railway (YM) Project. Railway CarThe total cost of both projects is approximately 69 billion yen, which will be covered by an international-yen-loan agreement between the governments of Japan and Myanmar. The cars, which will include Japanese components and equipment, will be built by Spain's largest manufacturer of rolling stock, Construcciones y Auxiliar de Ferrocarriles, S.A. They will be delivered to Myanmar in stages between 2023 and 2025. The YCR Project is part of the overall plan to upgrade and modernize the Yangon Circular Railway. The cars delivered by MC will run on the approximately 46 kilometers of track that loop around central Yangon, Myanmar's largest commercial metropolis. At present, it takes a train roughly 170 minutes to complete the loop, but the modernization plan should cut that to about 110 minutes. The YM Project is part of Phase 2 of the work being done to improve the Yangon-Mandalay Railway Line. The cars delivered by MC will run on the approximately 620 kilometers of track that connect Yangon to Myanmar's second-largest city of Mandalay by way of the country's capital, Naypyidaw. The improvements to the line will almost halve the current 15-hour journey, cutting it to roughly eight hours.MC welcomes this opportunity to leverage its experience and know-how in international rail projects to help upgrade public transportation in Myanmar. By assisting with work to provide citizens with more convenient mobility solutions, MC is doing its part to accelerate economic development in the Southeast Asian country. Furthermore, by backing exports of high-quality infrastructure systems and proactively engaging in railway projects, the Japanese government is also striving to better the region's quality of life and address the challenges that face it, including traffic congestion. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

TOKYO, Dec 8, 2020 - (JCN Newswire) - Toyota Motor Corporation and Hino Motors, Ltd., together with Seven-Eleven Japan Co., Ltd., FamilyMart Co., Ltd., and Lawson, Inc., have agreed to jointly consider introducing light-duty fuel cell electric trucks (light-duty FCETs), and to establish an environment for its widespread use in the future, targeting the realization of a sustainable society that takes into account global warming and energy diversification.The main points of the agreement are as follows:- In 2021, Seven-Eleven, FamilyMart, and Lawson will conduct a trial operation of light-duty FCETs (max. payload: 3 tons) jointly developed by Toyota and Hino, to verify its practicality and convenience as part of considerations for its roll out.- In the evaluation of the trial operations, Seven-Eleven, FamilyMart, and Lawson will verify delivery by light-duty FCETs in logistics between multiple distribution centers and stores, to see whether or not continued trials are viable in 2022 and beyond, from the perspectives of businesses and the society.- Following this, in 2022 and beyond, they will work to identify various issues relating to convenience, such as positioning of hydrogen stations, hydrogen supply, filling capability, and operating hours, in their actual use in the market, as well as the purchase of vehicles and cost of hydrogen fuel, toward future popularization.- The parties will propose improvements in addressing these issues, and collaborate with the national and local authorities, and hydrogen station operators, to advance discussions on the necessary support and cooperative systems required to build effective mechanisms that lead to reduced CO2 emissions through the future widespread introduction of FCETs.Truck operations underpin the daily logistics of convenience stores that support people's daily lives. In particular, delivery trucks that distribute products such as pre-packed meals handle multiple delivery operations in one day, and are required to drive long distances over extended hours. Fuel cell vehicles that run on hydrogen, which has a higher energy density, are considered effective under such operating conditions that require them to have sufficient cruising range and load capacity as well as fast refueling capability. The cruising range for light-duty FCETs developed by Toyota and Hino will be set at approximately 400 km, aiming to meet high standards in both environmental performance and transport efficiency expected as a commercial vehicle.To achieve growth in demand for hydrogen, hopes are held for the introduction of fuel cell commercial vehicles, such as trucks and buses, that use more hydrogen compared with passenger vehicles. With commercial vehicles, depending upon their intended use, it is also possible to know the driving range and to plan operations systematically, including handling of refueling with hydrogen. But issues still remain for their full-scale introduction, including reduction of vehicle price and the cost of hydrogen, and improvement of the convenience of hydrogen stations.Given this situation, the five companies are making efforts to promote the establishment of an environment for the popularization of fuel cell vehicles, not only of light-duty trucks, but also of commercial and passenger vehicles. They also aim to collaborate with the national and local authorities, and hydrogen station operators, investigating various measures through the operation of light-duty FCETs in logistics settings, in order to tackle improvements and to resolve issues. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

TOKYO, Dec 8, 2020 - (JCN Newswire) - Fujitsu Limited and Zippin(1) today announced a new partnership that names Fujitsu as an exclusive distributor of Zippin's checkout-free solution in Japan.Fujitsu is Zippin's first exclusive distributor in any market and will start offering Zippin's checkout-free solution by March, 2021 with the aim of creating a new AI smart store business for the micromarket. In the future, the partners will further strengthen their cooperation and consider expansion in geographies outside Japan. The agreement was concluded after a successful field trial Fujitsu and Zippin conducted with the Lawson convenience store chain in Japan earlier this year.The partnership enables Fujitsu to build a new retail solution to deliver a new customer experience by September 2021, leveraging Zippin's checkout-free SaaS platform, with a focus on cashier-free, cashless operations to save staff time and increase their bandwidth - of particular importance during the pandemic. Features may include identity verification with multi-biometric authentication. The combined technological expertise of Fujitsu and Zippin will accelerate the digital transformation of any retail store.Increasing DemandThere is growing demand for new purchasing experiences and service styles in retail stores as retailers navigate the increasing pervasiveness of cashless transactions, address labor shortages, and embrace a "new normal" that demands safety for essential workers and shoppers during the COVID-19 pandemic.OverviewThrough this collaboration, Fujitsu and Zippin will accelerate retail digital transformation in-store and provide innovative services to consumers by leveraging Fujitsu's strong customer base and integration. The combination of digital technologies, such as multi-biometric authentication developed by Fujitsu Laboratories Ltd. and Zippin's global experience in implementing AI-based checkout-free solutions, will be a powerful offering for the Japanese market.This partnership helps to cement Zippin's position as a global leader in the provision of checkout-free technologies. Its solution is one of the most effective available, taking into account consumer behavior and combining both cameras and sensors to track the movement of products in-store.Under this agreement, Fujitsu will start providing Zippin's checkout-free solution, either directly or through local partners to the Japanese market. Fujitsu will also develop a solution to deliver a new buying experience, including a personalized service for consumers, and a managed service to accelerate the retail business globally, available as SaaS in the market by September 2021. Leveraging this solution, Fujitsu will support the retail industry, in which real engagement with customers remains an important factor, to increase customer satisfaction and create a new retail business model to improve profitability by providing queue-less, frictionless, wallet-less and even smart device-less purchasing experience.Comments from Partners"We are committed to providing new value to retail industry and are thrilled to have Zippin's advanced technology and expertise powering our solution," said Hirohisa Yamaguchi, Corporate Executive Officer and Head of Finance & Retail Solution Business Group of Fujitsu. "We will continue to proactively partner with best-in-class startup companies in order to accelerate digital transformation for not only Japan but for global retail industry.""We are tremendously excited about our partnership with Fujitsu," said Krishna Motukuri, co-founder and CEO of Zippin. "Zippin's technology has attracted a lot of attention from US, European, Asian companies. We chose Fujitsu as our reseller partner because they are a highly trusted general ICT vendor and we are confident that Fujitsu will drive the market forward in Japan.""Since February 2020, Fujitsu and Zippin have been participating in POC conducted by Lawson, Inc.. Based on the results of the POC, Lawson has been working with the two parties to identify business and technical issues. With this POC, we are confident with its potential and are looking forward to greatly expanding our partnership with them," said Kunitsugu Makino, Deputy Senior Vice President, General Manager, Open Innovation Center of Lawson. "In today's rapidly changing environment, a checkout-free store that can eliminate face-to-face payment, well reflects the needs of the recent situation. We expect the collaboration of Fujitsu and Zippin will infuse new breath into the retail industry."(1) ZippinDBA name and solution name of a US startup company Vcognition Technologies, Inc. (HQ California, USA, CEO Krishna Motukuri) founded in 2014.About ZippinZippin has developed the next generation of checkout-free technology enabling retailers to quickly deploy frictionless shopping in their stores. Our patent-pending approach uses AI, machine learning and sensor fusion technology to create the best consumer experience: banishing checkout lines and self-scanners for good, and letting shoppers zip in and out with their purchases. Zippin's platform leverages product and shopper tracking through overhead cameras, as well as smart shelf sensors, for the highest level of accuracy even in crowded stores. Founded by industry veterans from Amazon and SRI with deep backgrounds in retail technology, AI and computer vision, Zippin is headquartered in San Francisco and backed by Evolv Ventures (Kraft-Heinz), NTT Docomo, Nomura Research Institute, SAP, Maven Ventures, and Core Ventures Group. For more information, visit www.getzippin.com.About FujitsuFujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 130,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.9 trillion yen (US$35 billion) for the fiscal year ended March 31, 2020. For more information, please see www.fujitsu.com. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

TOKYO, Dec 8, 2020 - (JCN Newswire) - Qualcomm Technologies, Inc. and NTT DOCOMO, INC. today announced they have together enabled the world's first commercialization of 5G sub-6 GHz carrier aggregation (sub6-CA) in Japan, effective immediately, to bring multi-gigabit mobile experiences to DOCOMO customers. Deployment of 5G carrier aggregation, a critical capability in 5G specifications, is enabling customers to now enjoy improved performance on DOCOMO's rapidly expanding 5G network.Using DOCOMO's new 5G network and select devices powered by the Qualcomm SnapdragonTM 865 Mobile Platform with the Snapdragon X55 5G Modem-RF System, customers can now enjoy mobile download speeds of up to 4.2 Gbps - the fastest speeds available in Japan. This level of service is achieved through 5G sub-6 GHz carrier aggregation, which combines a 100 MHz carrier in band n78 and a 100 MHz carrier in band n79 to boost 5G performance and network capacity using DOCOMO's diverse spectrum assets.The deployment of 5G Sub6-CA, along with 5G mmWave 28 GHz band that DOCOMO began operating commercially in September, will unleash the full potential of 5G and enable accelerated deployment of DOCOMO's 5G service areas."It is a pleasure to continue our work with DOCOMO to advance and accelerate 5G technology throughout Japan," said Durga Malladi, senior vice president and general manager, 4G/5G, Qualcomm Technologies, Inc. "By providing access to breakthrough technologies like 5G carrier aggregation, we are enabling consumers and companies throughout Japan to access faster connectivity, enhanced capacity and better reliability.""In collaboration with Qualcomm Technologies, we are pleased to begin delivering this advanced and groundbreaking mobile technology to our customers nationwide," said Naoki Tani, Executive Vice President and Chief Technology Officer, NTT DOCOMO. "DOCOMO subscribers can now enjoy superior 5G service together with exciting mobile experiences. Moreover, by establishing a new standard of possibility for the industry, we are proud to help initiate a new era of connectivity in Japan."For more about DOCOMO devices that support 5G sub-6 GHz carrier aggregation and 5G mmWave, please visit https://www.nttdocomo.co.jp/english/product/. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

HIROSHIMA, Japan, Dec 7, 2020 - (JCN Newswire) - Mazda MX-30 has been named Design Car of the Year, a newly established award in this year's Car of the Year Japan awards.The MX-30 's design was based on a concept we call "Human Modern" and challenged the development of a new method of expression for Kodo - Soul of Motion design. The exterior is uncompromisingly simple to emphasize the vehicle's beauty as a solid mass. The MX-30's styling creates a friendly appearance, while the cabin design and freestyle doors* express lightness. The interior aims to give occupants a sense of "bathing in openness," with its floating console and unique materials designed to minimize environmental impact. As the Mazda MX-30 has been introduced in the year of Mazda's 100th anniversary, a material that has great significance to the company's heritage -- cork -- is used in the vehicle's interior to express tenderness and comfort.Ikuo Maeda, Managing Executive Officer in charge of Design and Brand Style said, "It's truly an honor to have the MX-30 receive this award as a token of high esteem for its design. I am truly grateful for all of those who have shown their support toward this model. In 2010, we started to apply Kodo design under the design philosophy of 'breathing life into cars.' As we strove to further mature Kodo design on its tenth year since birth, we were able to materialize its new directionality through the MX-30. Moving forward, we will continue to take pride in being a Japanese brand and remain committed to further improve Mazda's design."Mazda aims to become a brand that creates special bonds with customers by enriching their lives with an experience of car ownership that provides joy of driving, the pure essence of cars.*Center-pillar-less, center-opening free style door system Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

TOKYO, Dec 7, 2020 - (JCN Newswire) - MITSUBISHI MOTORS CORPORATION (MMC) today announced that the super height kei wagons eK X space (pronounced eK "cross" space) and eK space won the K Car of the Year(1), a new category of the 2020-2021 Car of the Year Japan(2) awarded to overall excellent kei car.The eK X space and eK space were recognized for the highly stable, easy-to-drive road performance, while also offering the practicality of a super height wagon. The quality of the interior and seat comfort were highly evaluated, and the MI-PILOT advanced driver assistance system with the same performance level as larger, non-kei vehicles was also well received by the judges.Last year, MITSUBISHI MOTORS won the Car of the Year in the Small Mobility category(3) with the eK X and eK Wagon. This marks the second consecutive year that the eK series has won the award in the kei/small category.The eK X space with SUV flavor and the stylish, approachable eK space offer spacious, comfortable and user-friendly cabin space with class-topping slide space at the rear seats(4) and hands-free automatic sliding doors that can be opened and shut with an easy kicking motion.They also come equipped with MI-PILOT single-lane driver assistance technology for highways which reduces the burden on the driver, and active safety technologies which make everyone in the car feel safer and more secure. Developed to embody Mitsubishi-ness, these super height kei wagons are garnering positive reviews.The eK series will soon celebrate its 20th anniversary since the initial launch. Starting with the first generation eK Wagon that debuted in 2001, MITSUBISHI MOTORS has pursued quality kei cars that meet the needs of times and win enduring affection of many customers. The eK series has sold a total of over 1.1 million units as of the end of November 2020.(1) Also awarded to the Nissan Roox(2) Held by the Car of the Year Japan Executive Committee(3) Also awarded to the Nissan Dayz(4) Models in the super height kei wagon class (overall height above 1,700 mm) with engines placed in the hood were compared by in-house research in February 2020.About the Car of the Year (COTY) Japan 2020-2021The awards of the 41st Car of the Year Japan were given to models launched in the Japanese market from November 1, 2019 to October 31, 2020. This year, the Ten Best Cars were selected on November 4, and after the Ten Best Test Drive on November 25, COTY members voted for each award, and the results were announced on December 7. In addition to the 2020-2021 Car of the Year, winners were also selected for Import Car of the Year, Design Car of the Year (car with outstanding interior and exterior design), Technology Car of the Year (car with innovative technologies for eco-friendliness, safety, etc.), Performance Car of the Year (car with emotionally inspiring driving feel), and K Car of the Year (overall excellent kei car). Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

Toyota City, Japan, Dec 7, 2020 - (JCN Newswire) - Sebastien Ogier and his co-driver Julien Ingrassia have claimed their seventh FIA World Rally Championship titles* with victory in the Toyota Yaris WRC in an eventful deciding round of the season at Rally Monza.Podium CeremonyOgier has achieved his latest success in his first season with the TOYOTA GAZOO Racing World Rally Team. The Frenchman becomes the fifth different driver in 30 years to win the WRC title driving a Toyota, reclaiming his crown after Ott Tanak won the championship with the team in 2019.In a season like no other following the disruption caused by the coronavirus pandemic, Ogier went head-to-head with team-mate Elfyn Evans for the drivers' title in the final round at Monza, which proved to be a demanding new addition the WRC calendar. As well as technical mixed-surface stages at the historic Italian motor racing venue that were made extra-challenging by continuous rain on Friday, the crews ventured onto nearby mountain roads on Saturday and encountered winter conditions that made driving treacherous.Already a winner in Sweden and Turkey this year in what was also his first season with Toyota, Evans was running in a podium position on Saturday when he slipped off the road on an incredibly slippery right-hander. Having not finished outside of the top four all season up to this point, he was able to return to action under restart rules on Sunday, retaining a slim possibility of claiming a maiden world title.The initiative however was with Ogier, who had moved into the rally lead on Saturday morning in conditions likened to those usually found on Rallye Monte-Carlo, where he is a seven-time winner. He took an advantage of 17.8 seconds into the final day, which consisted of three more stages around the Monza circuit and park. Once again, the rain made things challenging, particularly on the last stage, but Ogier made it through with a final margin of 13.9s.Tommi Makinen joined Ogier and Ingrassia on the Monza podium overlooking the pit straight, receiving the winning manufacturer trophy in his final event as Team Principal before he takes on a new role as Motorsport Advisor to Toyota from January 2021.Toyota finishes one-two in the drivers' and co-drivers' standings, with Evans and his navigator Scott Martin in second position following a breakthrough season in which they challenged for the championship for the first time.Completing a remarkable year for the team's all-new driver line-up are Kalle Rovanpera and Jonne Halttunen, who secured fifth in the championship with a sixth top-five finish in seven events in their rookie season at rallying's top level.In the manufacturers' championship, Toyota comes a close second, five points away from the winner, thanks to the efforts of its full-season line-up who won four of the seven events between them.Takamoto Katsuta completed his five-round schedule in a Yaris WRC as part of the TOYOTA GAZOO Racing WRC Challenge Program in style with victory in the rally-ending Power Stage - his maiden WRC fastest time.* Subject to the official publication of the results by the FIAFor more information, visit https://toyotagazooracing.com/release/2020/wrc/rd07-day4.html. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

TOKYO, Dec 7, 2020 - (JCN Newswire) - Hitachi ABB Power Grids has launched a year-long trial of the world's first hybrid solution, which combines a STATCOM (static compensator) with a synchronous condenser, working with SP Energy Networks, the University of Strathclyde and the Technical University of Denmark.This innovative new technology is set to contribute significantly to the UK's carbon-neutral future by enabling a smooth transition from traditional energy generation to renewable power and its integration into the electricity network.The Ofgem Network Innovation Competition (NIC), set up by the UK's electricity regulator, Ofgem, funded the Phoenix project which started in 2018. The outcome of the project is expected to contribute a cumulative savings of over 62,000 tons of carbon emissions, which is equivalent to the electricity use of over 6,000 homes.As part of the trial, Hitachi ABB Power Grids has installed the world's first hybrid solution, a strategic 275 kilovolt (kV) substation on SP Energy Networks' transmission network near Glasgow in Scotland. The project partners will now evaluate the installation's performance over the year-long trial."While power stations produce a steady and constant flow of energy, renewable energy generators like wind and solar can fluctuate as they respond to different weather conditions," said Niklas Persson, Managing Director of Hitachi ABB Power Grids' Grid Integration business unit. "This pioneering hybrid solution combines existing technology with an innovative control system that will enable a reliable and stable energy supply, while accelerating the UK towards a carbon-neutral future."Colin Taylor, Director of Processes and Technology at SP Energy Networks said, "I'm very proud that we have been able to drive forward with the Phoenix project this year, despite the recent pandemic and it's challenges." He continued, "This world first innovative project has just reached a key milestone following the commencement of its live trial. Technology like this allows us to accommodate even more renewable generation on our electricity system while maintaining levels of system stability and resilience."About the solutionThe first-of-its-kind hybrid solution combines traditional technology with power electronics and a hybrid control. The outcome is a system that is capable of delivering a combination of fast reaction, spinning capacity and short circuit control. The solution will inject or absorb energy into the network to maintain the voltage level within the required limits. In effect, it will provide a spinning reserve over a few seconds until other resources, such as a battery energy storage system (BESS) or a reserve generator, can be brought online.At Neilston substation near Glasgow a static synchronous compensator (STATCOM) operates in parallel with a synchronous condenser, connected to the bus via a three- winding power transformer. The STATCOM utilizes Modular Multilevel Converter (MMC) valve technology, while the synchronous condenser is a 4-pole motor with brushless excitation system. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

TOKYO, Dec 4, 2020 - (JCN Newswire) - MITSUBISHI MOTORS CORPORATION (MMC) launches the ECLIPSE CROSS plug-in hybrid (PHEV) and gasoline models in Japan. The new, redesigned model will be the second PHEV in the Mitsubishi lineup, marking the company's dedication and investment in PHEV technology.Watch the digital launch of the new ECLIPSE CROSS at:https://www.mitsubishi-motors.com/en/products/digitalrevealThe ECLIPSE CROSS is a crossover SUV that carries unique styling and dynamic performance. Launched globally during MITUSBISHI MOTORS' 100th anniversary in 2017, the vehicle boasted a stylish coupe shape and dynamic power, epitomizing the essence of Mitsubishi cars. The redesign takes SUV dynamics to a new level, while achieving a graceful, flowing form. For the first time, the company introduces a new PHEV variant which incorporates the twin-motor 4WD system from the OUTLANDER PHEV, the world's top-selling PHEV(1).MMC started taking pre-orders for the new ECLIPSE CROSS from mid-October in Japan, and already doubled the original sales target, reaching about 2,000 units in six weeks."We aim to provide customers around the world with exciting products that also offer peace of mind, by improving on our trademark eco-friendly technologies while also taking our 4WD technologies to the next level," said Takao Kato, CEO of MITSUBISHI MOTORS CORPORATION. "On the strength of both our pioneering PHEV technology and the 4WD expertise we have built through rally experience, we have infused the Mitsubishi essence in this redesign. The new ECLIPSE CROSS is an ideal partner for drivers who want to do more with their car, and to seek new challenges. At MITSUBISHI MOTORS, we are also committed to helping to achieve a sustainable environment by putting our EV and PHEV technologies into broader use. By 2030, we will raise the proportion of electrified vehicles in the total sales to 50%, with a focus on PHEVs such as this new model."Distinctive design that inspires drivers to be more activeDeveloped under the design concept Daring Grace, the extended length of the body and restyled front and rear design create a sleek, classy look with enhanced SUV dynamism in both front and back.The front end adopts an evolved version of Dynamic Shield, expressing the powerful performance of an SUV with the security to protect people on board. Its refreshed light layout completes the front design with a sharp, sporty look. Skid plates at the bottom of both bumpers add to the powerful SUV presence.The elegant yet sporty form continues to the rear. Designers have updated the double rear windshield from the previous model to a single windshield for a sleek styling and graceful shape, at the same time giving a clearer rear visibility. ECLIPSE CROSS' iconic three-dimensional taillights are placed at a higher position for a distinctive look that is also easy to see on the road. The heavy-duty body panels and bumpers project firmness and strength, while combining with the hexagon design reminiscent of a rear-mounted spare tire to express the ruggedness and road handling of an SUV.Inside the cabin, high-end trim levels(2) are given a new black interior with seats made of a combination of embossed suede-based materials and synthetic leather, while the manufacturer's option of leather seats are now available in light gray in addition to the conventional black. Door trims also coordinate with the car seat color for a high-quality, sporty interior space.MMC's trademark high-luminosity Diamond Color series offers two color options for body color - Red Diamond(3) and the new White Diamond(4). The latter is a shade that radiates both the white sheen of a pearl and the subtle nuance of metal, reflecting an energetic yet glamorous, mature elegance.Enjoy electric motor drive to one's heart's content only by the PHEVThe ECLIPSE CROSS used a modified twin-motor 4WD PHEV system from the OUTLANDER PHEV. The architecture consists of one front and one rear high-power electric motor, a large-capacity drive battery and a 2.4-liter MIVEC engine, allowing for the quick, silent, yet powerful acceleration unique to electric vehicles along with nimble yet stable handling.The drive battery is 13.8 kWh with an all-electric range of 57.3 km (WLTC Mode), allowing pure electric driving for most of daily commute. There are three driving modes: EV Mode drives with the electric motors using power from the drive battery, Series Hybrid Mode uses gasoline engine to generate power for the electric motors which drive the vehicle, and Parallel Hybrid Mode uses gasoline engine to drive the vehicle assisted by the electric motors. Automatic switching between these modes according to driving conditions allows drivers to feel the driving pleasure of motor drive in a variety of environments.The 100-volt AC on-board outlet with a maximum 1,500 watts can supply power to electronics and appliances(5) for outdoor leisure and as a reliable source of electricity in an emergency. The vehicle can also serve as a rechargeable battery that powers an entire household with its stored energy by connecting a V2H(6) device to the quick-charging port. Since the vehicle can generate its own power, it can supply up to 10 days(7) of power to a general household when fully charged and fueled.Four-wheel control for responsive driving feel with peace of mindHigh-rigidity body and optimized front and rear suspension make the S-AWC (Super-All Wheel Control) even more effective, resulting in an improved handling that is true to the driver's intent, and a more comfortable, quieter ride.The PHEV model employs the S-AWC system on the twin-motor 4WD that can freely distribute driving force to the front and rear electric motors without transmission loss. Utilizing electric vehicles' characteristic high response, high precision, and high degree of freedom, the system exercises a high level of vehicle's control on driving, cornering, and braking. Engineers also optimized the front-rear weight distribution on the ECLIPSE CROSS and lowered its center of gravity by positioning the high capacity drive battery under the center of the floor. This gave it an even more comfortable ride, with superior steering stability.The gasoline model has the S-AWC system which integrates Active Yaw Control (AYC) to adjust braking force between the front left and right wheels for sharper cornering, as well as an Anti-Lock Brake System (ABS) and Active Stability Control (ASC) to regulate braking force on an electronically-controlled 4WD base that distributes torque optimally between the front and rear wheels. Integrated control of these systems produces highly stable vehicle behavior that is true to the driver's intent. Coupled with optimizing the suspension, the ECLIPSE CROSS provides stable and precise handling in daily life and improved handling on slippery roads.Driver can select different driving modes of the ECLIPSE CROSS according to road and driving conditions. Normal Mode provides the appropriate steering and stability for a broad range of driving scenarios. Snow Mode maintains stable vehicle movement on slippery surfaces such as snowy roads. Gravel Mode generates superior road handling and stability on poor surfaces. The PHEV model also has Tarmac Mode, which delivers an even higher level of cornering and stability mainly on dry, paved surfaces for drivers to feel the joy of driving with extra peace of mind.Equipped featuresMISUBISHI MOTORS specially designed Mitsubishi Power Sound System (MPSS)(8) for the ECLIPSE CROSS, featuring eight premium speakers acoustically tuned and positioned specifically for the shape of the vehicle. Glass fiber cloth with aluminum vapor cone speakers and carbon cone mid-range tweeters in front with coaxial 2-way speakers on the rear doors aligned with the tweeters to deliver smooth, fluid sound quality.New smartphone link navigation offers convenient features including route navigation via built-in maps and compatibility with VICS traffic information. Apple CarPlay(9) - the smarter, safer way to use your iPhone while you drive comes standard on all models. Android AutoTM 10 - an easier way to use apps from your Android phone while on the road is also available on all models. The display screen has also been enlarged to 8 inches, making it clearer to see and operate.Trim levels and pricingThe PHEV model rolls out with three trim levels; the M comes standard equipped with preventive safety features, the G has additional features including a 100-volt power outlet (max 1,500 watts) and Head Up Display, and the high-end P has its own look while coming standard equipped with smartphone link navigation and other special features.The gasoline model has three trim levels; the M comes standard equipped with preventive safety features, the G has additional features including a Head Up Display and the ACC radar cruise control system, and the high-end G Plus Package comes standard equipped with smartphone link navigation and other special features.The ECLIPSE CROSS PHEV model is priced from 3,848,900 to 4,477,000 yen (10% consumption tax incl.), gasoline model from 2,531,100 to 3,346,200 yen (10% consumption tax incl.)(1) About 260,000 total units sold from Jan 2013 to Sep 2020, according to MMC research.(2) Standard equipped on the P and G of the PHEV model, and the G Plus Package and G of the gasoline model.(3) Optional color cost 77,000 yen (10% consumption tax incl.)(4) Optional color cost 77,000 yen (10% consumption tax incl.)(5) Cannot be used by some devices even if they have rated power output of 1,500 watts or less).(6) Vehicle to Home.Please read the handling instructions that come with the electronics and appliances, as well as the points of caution written on the devices, before using them with the on-board outlet.(7) Amounts and durations of power supply shown above were calculated by MMC (assuming average household power usage of approx. 10 kWh/day).(8) Available as an option on the P of the PHEV model, and the G Plus Package of the gasoline model.(9) Apple CarPlay is a trademark of Apple Inc. registered in the United States and other countries.(10) Android Auto is a trademark of Google LLC. 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TOKYO, Dec 4, 2020 - (JCN Newswire) - NEC Corporation (TSE: 6701) and NEC Asia Pacific today announced their participation and NEC's gold sponsorship of this year's Singapore FinTech Festival (SFF) x Singapore Week of Innovation & TeCHnology (SFF x SWITCH) from December 7-11, 2020. During the five-day festival, NEC will be presenting on 'Banks of the Future' at SFF x SWITCH's Green Shoot series and host three virtual workshops at the event. Topics covered at the workshops include how biometrics is redefining the financial industry and the benefits of banking and asset finance software on cloud and digital native architecture. "NEC is developing offerings to realize banks of the future," said Daichi Iwata, Senior Director, NEC Corporation. "NEC's suite of digital offerings backed with cutting-edge AI, blockchain, biometrics and other innovative technologies can help financial institutions to be competitive and provide more fair and accessible services."This year's SFF x SWITCH will take place in a unique hybrid format, featuring a 24-hour online event platform and over 40 global satellite events in FinTech hubs around the world. Selected events in some cities will allow in-person interactions to facilitate meetings with industry leaders and sponsors in accordance to local safe distancing measures. For more information about NEC Digital Finance, please visit https://www.nec.com/en/global/solutions/finance/. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com