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Mazda Production and Sales Results for November 2020

Monday, December 28, 2020 - 1:37am

Mazda's domestic production volume in November 2020 decreased 3.8% year on year due to decreased production of passenger and commercial vehicles.

Key Points: 
  • Mazda's domestic production volume in November 2020 decreased 3.8% year on year due to decreased production of passenger and commercial vehicles.
  • Mazda's overseas production volume in November 2020 decreased 18.6% year on year due to decreased production of passenger and commercial vehicles.
  • Mazda's domestic sales volume in November 2020 decreased 0.4% year on year due to decreased sales of commercial vehicles.
  • Mazda's global sales volume in November 2020 decreased 10.0% year on year due to decreased sales in the U.S., China, Europe.

Hitachi Capital, Hitachi Asia, and SANTEC Begin Collaboration to Drive Solar Power Generation Business in Thailand

Monday, December 28, 2020 - 12:19am

TOKYO, Dec 28, 2020 - (JCN Newswire) - Hitachi Capital (Thailand) Co., Ltd., a subsidiary of Hitachi Capital Corporation, Hitachi Asia (Thailand) Co., Ltd., a subsidiary of Hitachi, Ltd., and SANTEC POWER SOLUTIONS CO.,LTD.

Key Points: 
  • TOKYO, Dec 28, 2020 - (JCN Newswire) - Hitachi Capital (Thailand) Co., Ltd., a subsidiary of Hitachi Capital Corporation, Hitachi Asia (Thailand) Co., Ltd., a subsidiary of Hitachi, Ltd., and SANTEC POWER SOLUTIONS CO.,LTD.
  • Three companies will encourage installation of the commercial solar self-consumption equipment within Hitachi Group in Kingdom of Thailand (Thailand), based on MOU.
  • In Thailand, the power development plan aims 33% of renewables share in the total power generation capacity in 2037.
  • With this collaboration, HCT, Hitachi Asia (Thailand) and SANTEC will pursue installation of solar self-consumption equipment within Hitachi Group in Thailand.

Toyota Launches "C+pod" Ultra-Compact Battery Electric Vehicle in Japan

Friday, December 25, 2020 - 6:14am

Toyota City, Japan, Dec 25, 2020 - (JCN Newswire) - Toyota Motor Corporation (Toyota) has announced a limited launch of the "C+pod" ultra-compact battery electric vehicle (BEV), from December 25, to corporate users, local governments and other organizations that have been exploring new options to drive the popularization of BEVs.

Key Points: 
  • Toyota City, Japan, Dec 25, 2020 - (JCN Newswire) - Toyota Motor Corporation (Toyota) has announced a limited launch of the "C+pod" ultra-compact battery electric vehicle (BEV), from December 25, to corporate users, local governments and other organizations that have been exploring new options to drive the popularization of BEVs.
  • The new C+pod is an environmentally-friendly two-seater BEV designed as a mobility option that improves per-person energy efficiency.
  • To drive further popularization of BEVs, Toyota is expanding its product lineup and forming open collaborations as it works to build new business models.
  • In Japan, it is focusing initially on the C+pod, Walking Area BEVs(1), and Toyota i-Road(2), with more than 200 corporate and local government partners(3) currently involved in exploring new transportation models.

Showa Denko Revises Dividend Payment Forecast

Friday, December 25, 2020 - 5:00am

TOKYO, Dec 25, 2020 - (JCN Newswire) - Showa Denko (SDK; TSE:4004) announces that it revises its forecast of year-end dividend payment as in below, taking the latest trend in its business performance into consideration.

Key Points: 
  • TOKYO, Dec 25, 2020 - (JCN Newswire) - Showa Denko (SDK; TSE:4004) announces that it revises its forecast of year-end dividend payment as in below, taking the latest trend in its business performance into consideration.
  • Based on its comprehensive consideration to the importance of the maintenance of shareholder return, including stable payment of dividend, and its latest forecast of the performance for 2020, SDK revises its forecast of year-end dividend payment per share as in below.
  • Earlier forecast (Announced on August 12, 2020) : - / Undecided / Undecided
    Revised forecast (Announced on December 25, 2020) : - / 65.00 / 65.00
    Showa Denko K.K.
  • Showa Denko K.K., CSR & Corporate Communication Office, Tel: 81-3-5470-3235

Toyota's Global Sales and Production Up Year-on-Year in November for Third Consecutive Month

Friday, December 25, 2020 - 4:43am

Results in November were driven primarily by sales in China and Japan, and global sales were up approximately 2 percent year-on-year.

Key Points: 
  • Results in November were driven primarily by sales in China and Japan, and global sales were up approximately 2 percent year-on-year.
  • As a result, sales were up approximately 12 percent year-on-year, the second consecutive year-on-year increase.
  • Results in November were driven primarily by production in China and Japan, and production was up approximately 7 percent year-on-year.
  • Strong sales of the Camry and the RAV4 had an impact, and as a result, production was up approximately 11 percent year-on-year.

Vietnam Pilot Project Utilizing TradeWaltz Platform Adopted Under Government's Supply-Chain Diversification Scheme

Thursday, December 24, 2020 - 8:01am

Slated to begin in March 2021 with operations conducted by Mitsubishi Corporation Plastics Ltd. (MCP) and Mitsubishi Corporation (MC), the project will revolve around the TradeWaltz information-sharing platform, which is managed by its namesake company TradeWaltz, Inc. (TradeWaltz).

Key Points: 
  • Slated to begin in March 2021 with operations conducted by Mitsubishi Corporation Plastics Ltd. (MCP) and Mitsubishi Corporation (MC), the project will revolve around the TradeWaltz information-sharing platform, which is managed by its namesake company TradeWaltz, Inc. (TradeWaltz).
  • Participating in the project alongside TradeWaltz will be the platform's four initial users1, namely MCP, MC, MUFG Bank, Ltd. (MUFG), and Tokio Marine & Nichido Fire Insurance Co., Ltd. (Tokio Marine Nichido).
  • This project has also been adopted as part of a larger scheme to help diversify overseas supply chains that was introduced in the fiscal year 2021 supplementary budget of Japan's Ministry of Economy, Trade and Industry (METI).
  • The Japan External Trade Organization (JETRO) is serving as secretariat for the diversification scheme.

Honda Cars India Realigns Production Operations, To Focus on Sustainable Business Efficiency

Thursday, December 24, 2020 - 12:00am

New Delhi, India, Dec 24, 2020 - (JCN Newswire) - Honda Cars India Ltd. (HCIL) has announced the realignment of its manufacturing operations with the goal of improving business efficiency.

Key Points: 
  • New Delhi, India, Dec 24, 2020 - (JCN Newswire) - Honda Cars India Ltd. (HCIL) has announced the realignment of its manufacturing operations with the goal of improving business efficiency.
  • However, all Head Office functions, India R&D Centre and Spare Parts operations (including warehouse) for Automobile, Two Wheeler and Power Product business will continue to operate from Greater Noida.
  • Gaku Nakanishi, President & CEO, Honda Cars India said, "Despite an uptick in sales in the last three months, the current market conditions remain unpredictable for the industry at large.
  • About Honda Cars India Ltd.
    Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India, was established in December 1995 with a commitment to provide Honda's latest passenger car models and technologies, to the Indian customers.