Zaibatsu

SPARX Group to Establish "Mirai Creation Fund III"

Retrieved on: 
Monday, August 2, 2021
Companies, Economy of Japan, Economic history of Japan, Sumitomo Group, Mitsui, Keiretsu, Zaibatsu, SPARX Group, Sumitomo Mitsui Financial Group, Sumitomo Mitsui Banking Corporation, Mirai, Toyota

Toyota City, Japan, Aug 2, 2021 - (JCN Newswire) - SPARX Group Co., Ltd. ("SPARX") has established the Mirai Creation Fund III ("Fund III").

Key Points: 
  • Toyota City, Japan, Aug 2, 2021 - (JCN Newswire) - SPARX Group Co., Ltd. ("SPARX") has established the Mirai Creation Fund III ("Fund III").
  • The two seed LPs for the Mirai Creation Fund II ("Fund II"), Toyota Motor Corporation ("Toyota") and Sumitomo Mitsui Banking Corporation ("SMBC"), are to participate again as initial investors in Fund III.
  • artificial intelligence), Robotics, Technologies for a Hydrogen-Powered Society, Electrification, and New Materials that Fund II (formed in October 2018) focused on, the Mirai Creation Fund III mandate also will include global companies that provide solutions that promote carbon neutrality.
  • - With SPARX Asset Management Co., Ltd., a subsidiary of SPARX, acting as Fund III's fund manager and with an initial commitment from Toyota, SMBC, and SPARX totaling approximately YEN15.0 billion, Mirai Creation Fund III investment activities are scheduled to begin from October 2021.

Mitsubishi Electric Corporation Investors: Company Investigated by the Portnoy Law Firm

Retrieved on: 
Thursday, July 29, 2021
Economy of Japan, Companies, Mitsubishi companies, Anti-Japanese sentiment in Korea, Keiretsu, Mitsubishi, Zaibatsu, Economic history of Japan

LOS ANGELES, July 29, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Mitsubishi Electric Corporation ("Mitsubishi" or the "Company") (OTCMKTS: MIELY) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.

Key Points: 
  • LOS ANGELES, July 29, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Mitsubishi Electric Corporation ("Mitsubishi" or the "Company") (OTCMKTS: MIELY) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.
  • The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors options for pursuing claims to recover their losses.
  • Nikkei Asia published an article on July 2, 2021 entitled "Mitsubishi Electric CEO Sugiyama quits over fake inspections: Outgoing chief admits 'systemic wrongdoing' going back decades at industrial group[.]"
  • The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing.

Mitsubishi Electric Corporation Investors: Company Investigated by the Portnoy Law Firm

Retrieved on: 
Wednesday, July 14, 2021
Economy of Japan, Companies, Mitsubishi companies, Anti-Japanese sentiment in Korea, Keiretsu, Mitsubishi, Zaibatsu, Economic history of Japan

LOS ANGELES, July 14, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Mitsubishi Electric Corporation ("Mitsubishi" or the "Company") (OTCMKTS: MIELY) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.

Key Points: 
  • LOS ANGELES, July 14, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Mitsubishi Electric Corporation ("Mitsubishi" or the "Company") (OTCMKTS: MIELY) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.
  • The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors options for pursuing claims to recover their losses.
  • Then, on July 2, 2021, Nikkei Asia published an article entitled "Mitsubishi Electric CEO Sugiyama quits over fake inspections: Outgoing chief admits 'systemic wrongdoing' going back decades at industrial group[.]"
  • The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing.

Jefferies and SMBC Group Announce Strategic Alliance to Drive Growth

Retrieved on: 
Wednesday, July 14, 2021
Banking, Professional services, Finance, Financial services, Sumitomo Group, Mitsui, Sumitomo Mitsui Financial Group, Economic history of Japan, Finance, Keiretsu, Zaibatsu, Sumitomo Mitsui Banking Corporation, Jefferies Group, Nikko Cordial, Richard B. Handler, Jefferies Financial Group, Inc., Sumitomo Mitsui Financial Group, Inc., Sumitomo Mitsui Banking Corporation, SMBC Nikko Securities Inc., JEFFERIES FINANCIAL GROUP, INC., SUMITOMO MITSUI FINANCIAL GROUP, INC., SUMITOMO MITSUI BANKING CORPORATION, SMBC NIKKO SECURITIES INC.

Jefferies Financial Group, Inc. (NYSE: JEF) (Jefferies Financial), the parent company of Jefferies Group LLC (Jefferies Group) (together hereafter referred to as Jefferies), and Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG), Sumitomo Mitsui Banking Corporation (SMBC) and SMBC Nikko Securities Inc. (SMBC Nikko) (together hereafter referred to as SMBC Group) announced today that they have entered into a Strategic Alliance to collaborate on future corporate and investment banking business opportunities.

Key Points: 
  • Jefferies Financial Group, Inc. (NYSE: JEF) (Jefferies Financial), the parent company of Jefferies Group LLC (Jefferies Group) (together hereafter referred to as Jefferies), and Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG), Sumitomo Mitsui Banking Corporation (SMBC) and SMBC Nikko Securities Inc. (SMBC Nikko) (together hereafter referred to as SMBC Group) announced today that they have entered into a Strategic Alliance to collaborate on future corporate and investment banking business opportunities.
  • Through the Strategic Alliance, Jefferies and SMBC Group will coordinate across highly accretive growth areas in the corporate and investment banking business.
  • SMBC will also provide financing to Jefferies Finance LLC (JFIN), the leveraged finance underwriting affiliate of Jefferies, to expand JFINs and Jefferies leveraged finance origination and underwriting efforts, as well as financing to Jefferies Group.
  • Rich Handler, Jefferies CEO, and Brian Friedman, its President, stated: We are pleased and excited to enter into this Alliance with SMBC Group and to get their support for Jefferies continued growth and momentum.

Fidelity and Mitsui Form Joint Venture to Accelerate Hyperscale Strategy in Japan

Retrieved on: 
Wednesday, July 14, 2021
Software, Technology, Networks, Data management, Sumitomo Group, Economic history of Japan, Keiretsu, Mitsui, Zaibatsu, Articles, Hyperscale computing, Technology

Colt Data Centre Services (DCS), a leading provider of global hyperscale data centre solutions, today announced, that Fidelity has entered into a joint venture agreement with Mitsui & Co, and Mitsui & Co Asset Management Holdings, to provide state-of-the-art hyperscale data centres in Japan.

Key Points: 
  • Colt Data Centre Services (DCS), a leading provider of global hyperscale data centre solutions, today announced, that Fidelity has entered into a joint venture agreement with Mitsui & Co, and Mitsui & Co Asset Management Holdings, to provide state-of-the-art hyperscale data centres in Japan.
  • The new joint venture will be owned 50:50 and will further strengthen Colt DCS presence in the Tokyo and Osaka regions of Japan.
  • The joint venture between Fidelity and Mitsui will allow Colt DCS to further accelerate its hyperscale strategy in Japan, where it has seen unprecedented success.
  • Colt DCS currently have 50MW existing built in Japan, which will almost triple to 140MW following the joint venture.

MITSUBISHI ELECTRIC ALERT: Bragar Eagel & Squire, P.C. Is Investigating Mitsubishi Electric Corporation on Behalf of Mitsubishi Stockholders and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, July 14, 2021
Legal, Professional services, Stock market, Companies, Economy of Japan, Mitsubishi companies, Financial economics, Anti-Japanese sentiment in Korea, Keiretsu, Mitsubishi, Zaibatsu, Security, Stock

Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Mitsubishi Electric Corporation (Other OTC: MIELY) on behalf of Mitsubishi Electric stockholders.

Key Points: 
  • Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Mitsubishi Electric Corporation (Other OTC: MIELY) on behalf of Mitsubishi Electric stockholders.
  • Our investigation concerns whether Mitsubishi Electric has violated the federal securities laws and/or engaged in other unlawful business practices.
  • Following this news, Mitsubishi Electrics American depositary shares dropped $1.54 per ADS, or 5%, to close at $27.30 per ADS on July 1, 2021.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Beyond Limits Announces Partnership with Mitsui to Expand Global Access to Cognitive AI Solutions

Retrieved on: 
Tuesday, July 13, 2021
Mitsui, Keiretsu, Economic history of Japan, Sumitomo Group, Economy of Japan, Companies, Zaibatsu

LOS ANGELES, July 13, 2021 (GLOBE NEWSWIRE) -- Beyond Limits , an industrial and enterprise-grade AI technology company built for the most demanding sectors, today announced a new partnership with Mitsui & Co., Ltd. (Mitsui) to expand access to Cognitive AI solutions in the Asia-Pacific region.

Key Points: 
  • LOS ANGELES, July 13, 2021 (GLOBE NEWSWIRE) -- Beyond Limits , an industrial and enterprise-grade AI technology company built for the most demanding sectors, today announced a new partnership with Mitsui & Co., Ltd. (Mitsui) to expand access to Cognitive AI solutions in the Asia-Pacific region.
  • Were proud to partner with Mitsui, an established leader in business development and trade in so many global industries.
  • Mitsui is delighted to partner with Beyond Limits, said Hiroki Tanabe, Deputy General Manager, Forth Dept, Division III, Infrastructure Projects Business Unit at Mitsui.
  • For more information on Beyond Limits Cognitive AI energy solutions, click here .

Beyond Limits Announces Partnership with Mitsui to Expand Global Access to Cognitive AI Solutions

Retrieved on: 
Tuesday, July 13, 2021
Mitsui, Keiretsu, Economic history of Japan, Sumitomo Group, Economy of Japan, Companies, Zaibatsu

LOS ANGELES, July 13, 2021 (GLOBE NEWSWIRE) -- Beyond Limits , an industrial and enterprise-grade AI technology company built for the most demanding sectors, today announced a new partnership with Mitsui & Co., Ltd. (Mitsui) to expand access to Cognitive AI solutions in the Asia-Pacific region.

Key Points: 
  • LOS ANGELES, July 13, 2021 (GLOBE NEWSWIRE) -- Beyond Limits , an industrial and enterprise-grade AI technology company built for the most demanding sectors, today announced a new partnership with Mitsui & Co., Ltd. (Mitsui) to expand access to Cognitive AI solutions in the Asia-Pacific region.
  • Were proud to partner with Mitsui, an established leader in business development and trade in so many global industries.
  • Mitsui is delighted to partner with Beyond Limits, said Hiroki Tanabe, Deputy General Manager, Forth Dept, Division III, Infrastructure Projects Business Unit at Mitsui.
  • For more information on Beyond Limits Cognitive AI energy solutions, click here .

Mitsubishi Power Aero Delivers Vital Power Project to Mexico: RFP Issuance to Commercial Operation in 145 Days

Retrieved on: 
Thursday, June 3, 2021
Other Energy, Utilities, Oil, Gas, Nuclear, Coal, Alternative energy, Energy, Other Construction & Property, Other Manufacturing, Construction & Property, Engineering, Building Systems, Manufacturing, Companies, Mitsubishi companies, Economy of Japan, Anti-Japanese sentiment in Korea, Keiretsu, Mitsubishi, Zaibatsu, LinkedIn, AERO

The mobile generation units that Mitsubishi Power Aero installed will maintain dispatch security, reliability, quality, and continuity in the Baja Electric System.

Key Points: 
  • The mobile generation units that Mitsubishi Power Aero installed will maintain dispatch security, reliability, quality, and continuity in the Baja Electric System.
  • Mitsubishi Power Aero President and CEO Raul Pereda noted, We are pleased that we were able to deliver critical power for CFEnergia on such a tight timeline.
  • Mitsubishi Power Aero LLC, headquartered in Glastonbury, Connecticut, USA, is a leader in the supply of fast-track, on-demand power solutions to global power producers and industrial and O&G customers.
  • Mitsubishi Power Aero is a group company of Mitsubishi Power Americas, Inc. Connect with us at aero.power.mhi.com and LinkedIn .

Upstream Security Raises $36M from Mitsui Sumitomo Insurance to Disrupt the Telematics Insurance Space

Retrieved on: 
Thursday, May 20, 2021
Economy of Japan, Companies, Economic history of Japan, Sumitomo Group, Mitsui, Keiretsu, Zaibatsu, MS&AD Insurance Group, Mitsui Sumitomo Insurance Group, Insurance, Nationwide Mutual Insurance Company, Nissan

MSI is leading Upstream\'s C-Round as part of a larger investment round that will be announced by Upstream during Q2\' 2021.

Key Points: 
  • MSI is leading Upstream\'s C-Round as part of a larger investment round that will be announced by Upstream during Q2\' 2021.
  • Insurance Company, one of the Israel\'s leading insurance companies, also took part in the investment round.
  • Through this partnership, MSI and Upstream will bring the power and benefits of automotive telematics data into the hands of the insurers and policy-holders.\nEstablished in 1918, Mitsui Marine & Fire Insurance Co., Ltd. merged with Sumitomo Marine & Fire Insurance Co., Ltd. in 2001 to form Mitsui Sumitomo Insurance Co., Ltd.
  • Upstream is privately funded by Alliance Ventures (Renault, Nissan, Mitsubishi), Volvo Group, Hyundai, Nationwide Insurance, Salesforce Ventures, CRV, Glilot Capital Partners, and Maniv Mobility.\n'