Fuyo Group

Showa Denko Announces the Issue Price, Selling Price, and Matters Relating to its New Shares

Retrieved on: 
Monday, September 6, 2021

(the "Company") hereby announces the issue price, selling price and certain other matters relating to the issuance of its new shares and the secondary offering of shares which its board of directors resolved on August 23, 2021, as set forth below.

Key Points: 
  • (the "Company") hereby announces the issue price, selling price and certain other matters relating to the issuance of its new shares and the secondary offering of shares which its board of directors resolved on August 23, 2021, as set forth below.
  • in chemicals segment and 5,800,000,000 yen as investment funds for manufacturing facilities for SiC power semiconductor-related materials and lithium-ion battery materials, etc.
  • For more information regarding the use of proceeds, please refer to the press release "Announcement Regarding Issuance of New Shares and Secondary Offering of Shares" dated August 23, 2021.
  • Showa Denko K.K., CSR & Corporate Communication Office, Tel: 81-3-5470-3235

Thales Enters Into Agreement in View of Selling Its Ground Transportation Systems Business to Hitachi Rail

Retrieved on: 
Wednesday, August 4, 2021

Thales (Euronext Paris: HO) and Hitachi Rail announce today that they are entering into exclusive negotiations on the sale of Thaless Ground Transportation Systems Global Business Unit (Ground Transportation Systems or GTS) for an enterprise value of 1,660 million.

Key Points: 
  • Thales (Euronext Paris: HO) and Hitachi Rail announce today that they are entering into exclusive negotiations on the sale of Thaless Ground Transportation Systems Global Business Unit (Ground Transportation Systems or GTS) for an enterprise value of 1,660 million.
  • The combined strength of Hitachi and GTSs digital expertise will also help Hitachi Rail to accelerate its Mobility as a Service (MaaS) offering.
  • After discussions with key market players, Thales has selected the best industrial partner to ensure a successful long term development of its ground transportation business.
  • Hitachi Rail is a fully integrated, global provider of rail solutions across rolling stock, signalling, service & maintenance, digital technology and turnkey solutions.

Hitachi Rail Enters Agreement to Acquire Thales' Ground Transportation Systems Business

Retrieved on: 
Wednesday, August 4, 2021

Tokyo and London, Aug 4, 2021 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501) and Hitachi Rail today agreed to acquire Thales' Ground Transportation Systems business (the "Business" or "GTS") for an enterprise value of EUR1,660 million (~YEN215 billion).

Key Points: 
  • Tokyo and London, Aug 4, 2021 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501) and Hitachi Rail today agreed to acquire Thales' Ground Transportation Systems business (the "Business" or "GTS") for an enterprise value of EUR1,660 million (~YEN215 billion).
  • As a result of this agreement, Hitachi Rail expects to drive growth by expanding the scale of its rail signalling systems business globally, bringing an enhanced turnkey railway offering to new markets around the world.
  • The Business consists of four segments: mainline railroad signalling systems, urban rail signalling, integrated communication systems and revenue collection systems.
  • Andrew Barr, Chief Executive Officer, Hitachi Rail, said: "Today's announcement marks an exciting opportunity for the teams at Hitachi Rail and Thales' Ground Transportation Systems business to create new value for our customers, cities and passengers around the world.

Canon Solutions America Announces New Strategic Relationship with Lindenmeyr Munroe

Retrieved on: 
Tuesday, August 3, 2021

MELVILLE, N.Y., Aug. 3, 2021 /PRNewswire/ --Canon Solutions America, Inc., a wholly owned subsidiary of Canon U.S.A., Inc., announces today its new strategic relationship with Lindenmeyr Munroe , a leading independent paper, packaging and wide format solutions provider supporting customers nationwide with a comprehensive selection of products and services.

Key Points: 
  • MELVILLE, N.Y., Aug. 3, 2021 /PRNewswire/ --Canon Solutions America, Inc., a wholly owned subsidiary of Canon U.S.A., Inc., announces today its new strategic relationship with Lindenmeyr Munroe , a leading independent paper, packaging and wide format solutions provider supporting customers nationwide with a comprehensive selection of products and services.
  • Lindenmeyr Munroe's dedication to delivering solutions that meet customers' brand, budget and environmental needs directly aligns with Canon Solutions America's commitment to providing innovative technology to meet new and existing challenges.
  • Canon Solutions America, Inc. provides industry leading enterprise, production, and large format printing solutions, supported by exceptional professional service offerings.
  • A wholly owned subsidiary of Canon U.S.A., Inc., Canon Solutions America, Inc. is headquartered in Melville, NY and has sales and service locations across the U.S. For more information on Canon Solutions America, please visit csa.canon.com .

Showa Denko Revises Forecast of Consolidated Performance and Records Extraordinary Loss

Retrieved on: 
Tuesday, August 3, 2021

SDK also announces that it will record extraordinary loss.

Key Points: 
  • SDK also announces that it will record extraordinary loss.
  • Revision of forecast of consolidated business results for January 1 - June 30, 2021
    (1) Revised forecast of consolidated business results for January 1 - June 30, 2021
    Net sales hovers around the level of the previous forecast.
  • Especially in the Showa Denko Materials segment, operating income is expected to increase due to a continuously tight supply-demand situation regarding its semiconductor related business.
  • However, net income attributable to owners of the parent is expected to decrease due to recording of extraordinary loss.

PIC Group Awarded O&M Support Services Agreement for a New Refinery in Nigeria

Retrieved on: 
Tuesday, July 27, 2021

Under the terms of the agreement, PIC Group will provide Operations and Maintenance (O&M) support services including site-specific integrated operation & maintenance procedures, a systematic approach to training as well as operational support in the form of oversight and mentoring of refinery personnel by PIC Groups specialists.

Key Points: 
  • Under the terms of the agreement, PIC Group will provide Operations and Maintenance (O&M) support services including site-specific integrated operation & maintenance procedures, a systematic approach to training as well as operational support in the form of oversight and mentoring of refinery personnel by PIC Groups specialists.
  • Founded in 1988, PIC Group, Inc. is dedicated to delivering value by providing global energy services to facilities across four continents North America, South America, Asia and Africa.
  • PIC Group provides O&M Services (Care, Custody and Control), Commissioning and Startup, Documentation & Training and Staffing services and serves the power generation, oil and gas, petrochemical, pulp and paper and manufacturing industries.
  • PIC Group, Inc. is a wholly owned subsidiary of Marubeni Corporation, a Fortune Global 500 Company.

Hitachi Astemo: New Global Leader In Automotive Mobility Technology

Retrieved on: 
Tuesday, July 27, 2021

Hitachi Astemo was created on January 1, 2021, from the merger of Hitachi Automotive Systems with three former Honda affiliates: Nissin Kogyo, Keihin and Showa.

Key Points: 
  • Hitachi Astemo was created on January 1, 2021, from the merger of Hitachi Automotive Systems with three former Honda affiliates: Nissin Kogyo, Keihin and Showa.
  • The company has the scale, technical depth and software capabilities to make significant contributions in rapidly changing mobility technology areas such as safety, electrification, comfort and sustainability.
  • The group is headed by Paul Carroll, a senior vice president of Hitachi Astemo and president and CEO of Hitachi Astemo Americas.
  • Today, Hitachi Astemo is number one in global sales for hydraulic suspensions and EV components such as electric motors and inverters.

Ricoh unveils new subscription pricing model for Avanti Slingshot to meet market demand

Retrieved on: 
Tuesday, July 27, 2021

EXTON, Pa., July 27, 2021 /PRNewswire/ -- Ricoh USA, Inc. today announced a new subscription pricing model for its AvantiSlingshot Printmanagement information system (MIS) and business workflow management platform.

Key Points: 
  • EXTON, Pa., July 27, 2021 /PRNewswire/ -- Ricoh USA, Inc. today announced a new subscription pricing model for its AvantiSlingshot Printmanagement information system (MIS) and business workflow management platform.
  • At a time in the market when decisions continue to be accelerated, this subscription option helps businesses grow at a pace that works most effectively for their customers' needs.
  • Ricoh's Avanti Slingshot offers mid-size and large print service providers the efficiency, control and visibility needed to effectively improve the customer experience.
  • Now, with an option to leverage Avanti Slingshot as a subscription, customers have the ability to scale more cost-effectively and as quickly as end user demand dictates.

Canon Adds Energy And New Perspectives To Renowned Explorers Of Light Program

Retrieved on: 
Tuesday, July 27, 2021

MELVILLE, N.Y., July 27, 2021 /PRNewswire/ --Canon U.S.A., Inc., a leader in digital imaging solutions, announced it is adding five photographers to its famed Explorers of Light (EOL) program.

Key Points: 
  • MELVILLE, N.Y., July 27, 2021 /PRNewswire/ --Canon U.S.A., Inc., a leader in digital imaging solutions, announced it is adding five photographers to its famed Explorers of Light (EOL) program.
  • Each photographer brings their own unique blend of art, energy, and perspective and will join 32 current members of the program.
  • What it Means to be a Canon EOL: "Being named as a Canon Explorer of Light is an accomplishment, but also a great responsibility.
  • What it Means to be a Canon EOL: "To be a part of Canon's Explorers of Light is a huge accomplishment for me.

Yamaha Motor to Establish Environmental Technology Investment Fund

Retrieved on: 
Thursday, July 22, 2021

Yamaha Motor Co., Ltd. (TOKYO: 7272) announced that it plans to establish an investment fund seeking potential business partners and startups for collaborations that will accelerate the development of environmental technologies.

Key Points: 
  • Yamaha Motor Co., Ltd. (TOKYO: 7272) announced that it plans to establish an investment fund seeking potential business partners and startups for collaborations that will accelerate the development of environmental technologies.
  • The Yamaha Motor group has set a new goal of aiming for carbon neutrality throughout all of its business activities, including across the life cycles of its products,* by 2050.
  • The planned fund will aid in Yamaha Motor achieving its targets by supporting new businesses that contribute to the preservation and/or progress of the global environment.
  • The Yamaha Motor group aims to help build new businesses that will lead to carbon-negative solutions in the environmental resources field.