8058.T

Mitsubishi Corporation: Seven-Member Partnership Commits to Warehouse DX Initiative

Retrieved on: 
金曜日, 7月 1, 2022

The partnership members are Mitsubishi Corporation (MC), Mitsubishi Corporation LT, Inc. (MCLOGI), UTokyo Innovation Platform Co., Ltd. (UTokyo IPC), Prologis, Mitsui Fudosan Co., Ltd.,* Mitsubishi HC Capital Inc., and Mitsubishi Estate Co., Ltd.

Key Points: 
  • The partnership members are Mitsubishi Corporation (MC), Mitsubishi Corporation LT, Inc. (MCLOGI), UTokyo Innovation Platform Co., Ltd. (UTokyo IPC), Prologis, Mitsui Fudosan Co., Ltd.,* Mitsubishi HC Capital Inc., and Mitsubishi Estate Co., Ltd.
    Today MC also transferred its own warehouse DX operations to its newly established subsidiary Gaussy Inc. (Gaussy), in which each of the partnership's other six members has acquired a capital interest.
  • The businesses to be undertaken by Gaussy include provision of the warehouse robot subscription service "Roboware," which was launched by MC in 2020, and the warehouse sharing service "WareX."
  • Through this partnership, we strive to provide further efficiencies by taking advantage of unused warehouse space in addition to providing labor solutions.
  • This partnership will enable us to promote logistics-oriented DX in ways that should help the industry adapt to an evolving society.

MC and Maruha Nichiro Agree to Establish New Joint Venture in Salmon (land-based)

Retrieved on: 
木曜日, 6月 30, 2022

TOKYO, June 30, 2022 - (JCN Newswire) - Mitsubishi Corporation (MC) and Maruha Nichiro Corporation (Maruha Nichiro) are pleased to announce our agreement to establish a new joint venture company, ATLAND Corporation (ATLAND), that will specialize in the land-based production of salmon.

Key Points: 
  • TOKYO, June 30, 2022 - (JCN Newswire) - Mitsubishi Corporation (MC) and Maruha Nichiro Corporation (Maruha Nichiro) are pleased to announce our agreement to establish a new joint venture company, ATLAND Corporation (ATLAND), that will specialize in the land-based production of salmon.
  • ATLAND will be established in Nyuzen town of Toyama prefecture in around October 2022.1
    The investment ratio of ATLAND will be MC 51% and Maruha Nichiro 49%.
  • MC and Maruha Nichiro have been discussing the joint promotion of this project since March 2021.
  • The aim of our joint project is to create a local-production-for-local-consumption business model in Japan's salmon industry.

Mitsubishi Corporation signs Participation Agreement with Sempra Infrastructure, TotalEnergies, Mitsui for Carbon Sequestration Project in Louisiana

Retrieved on: 
火曜日, 5月 24, 2022

TOKYO, May 24, 2022 - (JCN Newswire) - Mitsubishi Corporation is pleased to announce that it has signed a participation agreement with Sempra Infrastructure, TotalEnergies and Mitsui & Co., Ltd. for the development of the proposed Hackberry Carbon Sequestration (HCS) project at the site in Southwest Louisiana.

Key Points: 
  • TOKYO, May 24, 2022 - (JCN Newswire) - Mitsubishi Corporation is pleased to announce that it has signed a participation agreement with Sempra Infrastructure, TotalEnergies and Mitsui & Co., Ltd. for the development of the proposed Hackberry Carbon Sequestration (HCS) project at the site in Southwest Louisiana.
  • The project aims to capture, transport and sequestrate carbon dioxide (CO2), primary sourced from Cameron LNG, and the participation agreement provides the basis for the parties to potentially enter into a joint venture with Sempra Infrastructure for the HCS project.
  • Last summer, the Hackberry Carbon Sequestration, LLC, which is owned by Sempra Infrastructure, filed an application for a Class VI injection well permit from the U.S. Environmental Protection Agency for permanent storage of up to 2 million tonnes per annum of CO2.
  • The development of the HCS project is subject to risks and uncertainties, including signing definitive agreements, securing all necessary permits, and reaching a final investment decision.

Project-Finance Agreement Signed for MC-Hokuden Hydro Power Alliance

Retrieved on: 
月曜日, 5月 23, 2022

The company, Donan Hydroelectric LLC (Donan Hydro), will be headquartered in Hakodate City, Hokkaido Prefecture.

Key Points: 
  • The company, Donan Hydroelectric LLC (Donan Hydro), will be headquartered in Hakodate City, Hokkaido Prefecture.
  • In conjunction with the new joint venture's establishment, Hokuden and MC have also agreed to form a hydroelectric power alliance that will service Hokkaido's Donan region.Our alliance will begin by Hokuden replacing in stages five existing power plants in Southern Hokkaido Prefecture, with Donan Hydro managing their operations thereafter.
  • They include four that are directly owned by Hokuden (Nanae Power Station, Isoyagawa Daiichi Power Plant, Isoyagawa Daini Power Plant, and Ainumanai Hydro Plant), and one owned by Hokuden's subsidiary Eco Energy Corporation, Ltd. (Ono Power Station).
  • The agreement was signed in March of this year.Hydropower requires a great deal of infrastructure, including dams, waterways, generators and substations.

MC and Morgenrot Enter into Capital and Business Alliance

Retrieved on: 
金曜日, 5月 20, 2022

TOKYO, May 20, 2022 - (JCN Newswire) - Mitsubishi Corporation (MC) and Morgenrot Inc. (Morgenrot) are pleased to announce that we have entered into a capital and business alliance, our aim being to jointly develop distributed computing services for customers in Japan and throughout ASEAN.

Key Points: 
  • TOKYO, May 20, 2022 - (JCN Newswire) - Mitsubishi Corporation (MC) and Morgenrot Inc. (Morgenrot) are pleased to announce that we have entered into a capital and business alliance, our aim being to jointly develop distributed computing services for customers in Japan and throughout ASEAN.
  • MC is one of Japan's leading sogo shosha (general trading companies), while Morgenrot is an engineering-centric startup company which provides cloud-based distributed computing solutions and green data centers powered by renewable energy.
  • Always on the lookout for ways to promote digital (DX) and energy (EX) transformations that take advantage of the MC Group's collective capabilities, MC is confident that this alliance with Morgenrot will foster progress that ultimately leads to new business opportunities.
  • Prior to entering into this capital and business alliance, we commenced discussions on the provision of high-power computing services in Singapore.

MC and Kurashiki City Sign Regional Development Agreement

Retrieved on: 
金曜日, 5月 20, 2022

These initiatives mirror the aspirations of Mitsubishi Corporation (MC), which is endeavoring to promote energy and digital transformations (EX/DX) in step with one another.

Key Points: 
  • These initiatives mirror the aspirations of Mitsubishi Corporation (MC), which is endeavoring to promote energy and digital transformations (EX/DX) in step with one another.
  • MC has detailed these aspirations in its latest management plan, announced just this month and entitled "Midterm Corporate Strategy 2024: Creating MC Shared Value."
  • MC and Kurashiki City are now pleased to announce that we have signed a collaborative research agreement that will explore a variety of cutting-edge advances designed to develop and revive local communities.
  • The details of our agreement are outlined in the diagram below entitled "Specifics of Joint Research Initiative Between MC and Kurashiki City."

Mitsubishi Corporation Invests in Climate-tech through Breakthrough Energy Catalyst

Retrieved on: 
月曜日, 4月 25, 2022

TOKYO, Apr 25, 2022 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce its decision to invest in Breakthrough Energy Catalyst (Catalyst), a program dedicated to accelerating innovative climate technologies.

Key Points: 
  • TOKYO, Apr 25, 2022 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce its decision to invest in Breakthrough Energy Catalyst (Catalyst), a program dedicated to accelerating innovative climate technologies.
  • Catalyst is part of Breakthrough Energy, a network of initiatives founded by Bill Gates in 2015 dedicated to funding, developing, commercializing, and scaling the technologies that will be necessary to avoid a climate disaster.
  • By making targeted investments in climate technologies that have proven their potential through research and development, Catalyst aims to speed up their large-scale commercialization.
  • We remain dedicated to optimizing those assets so that we can assist our Catalyst partners in steel, aviation, finance, energy and other industries.