Fuyo Group

Hitachi Completes Acquisition of GlobalLogic

Retrieved on: 
Wednesday, July 14, 2021
Companies, Economy of Japan, Industry economics), Hitachi, Fuyo Group, GlobalLogic, SuperH

TOKYO, July 14, 2021 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501, "Hitachi") today announced that it has completed the acquisition of GlobalLogic Inc. ("GlobalLogic") pursuant to the terms of the definitive agreement signed on March 31, 2021.

Key Points: 
  • TOKYO, July 14, 2021 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501, "Hitachi") today announced that it has completed the acquisition of GlobalLogic Inc. ("GlobalLogic") pursuant to the terms of the definitive agreement signed on March 31, 2021.
  • As announced in the press release dated March 31, Hitachi Global Digital Holdings LLC ("HGDH"), a U.S. subsidiary of Hitachi, has acquired 100% of the outstanding shares of GlobalLogic Worldwide Holdings, Inc. ("GlobalLogic Worldwide Holdings"), the parent company of GlobalLogic, and GlobalLogic Worldwide Holdings and GlobalLogic have become wholly owned subsidiaries of HGDH.
  • The acquisition of GlobalLogic will enhance Hitachi Group's ability to deliver on its strategy to promote Social Innovation Business through digital technology to solve the issues faced by customers and society.
  • "We are very pleased to welcome GlobalLogic to the Hitachi Group," said Toshiaki Higashihara, Executive Chairman & CEO, Hitachi Ltd. "Hitachi aims to become a global leader in the social innovation business by accelerating digital transformation of social infrastructure by combining the innovativeness of GlobalLogic's advanced digital product engineering and experience design capabilities with the reliability that Hitachi has established in mission-critical fields.

Sompo International launches the Sompo Women in Insurance Management (SWIM) program to Help Women Better Prepare for Careers in Insurance

Retrieved on: 
Monday, July 12, 2021
Furukawa Group, Fuyo Group, Sompo Japan Nipponkoa Insurance, Companies, Economy of Japan

PEMBROKE, Bermuda, July 12, 2021 (GLOBE NEWSWIRE) -- Sompo International Holdings Ltd., a global, Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced todaythe launch of its Sompo Women in Insurance Management (SWIM) program which aims to better prepare young women to assume future leadership roles at Sompo International.

Key Points: 
  • PEMBROKE, Bermuda, July 12, 2021 (GLOBE NEWSWIRE) -- Sompo International Holdings Ltd., a global, Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced todaythe launch of its Sompo Women in Insurance Management (SWIM) program which aims to better prepare young women to assume future leadership roles at Sompo International.
  • financial support in the form of an annual scholarship,
    a paid internship at Sompo International after their third year,
    a dedicated Sompo International business advocate/coach,
    access to Sompo International leadership in a classroom setting, and
    the expectation of joining the Sompo International Undergraduate Training program following graduation and successful completion of the program.
  • Brian Goshen, Chief Administrative Officer at Sompo International added, At Sompo International we recognize that our success is derived directly from our people.
  • Sompo International Holdings Ltd. (Sompo International) is a global specialty provider of property and casualty insurance and reinsurance, headquartered in Bermuda.

Hitachi Astemo Americas And Light Collaborate On Development Of ADAS Technology

Retrieved on: 
Monday, July 12, 2021
Companies, Manufacturing, Economy of Japan, Fuyo Group, Hitachi, Embedded systems, Power control, ADAS, Advanced driver-assistance systems, Engine control unit

SANTA CLARA, Calif., July 12, 2021 /PRNewswire/ --Hitachi Astemo Americas, Inc., and Light, a leading provider of depth perception for vehicles, have begun "proof of concept" development of a forward-facing perception system for use with advanced driver assistance systems.

Key Points: 
  • SANTA CLARA, Calif., July 12, 2021 /PRNewswire/ --Hitachi Astemo Americas, Inc., and Light, a leading provider of depth perception for vehicles, have begun "proof of concept" development of a forward-facing perception system for use with advanced driver assistance systems.
  • The two companies will begin to field test the new multi-view, camera-based sensing technology later this month.
  • Light's Clarity systems have better range, detail and accuracy at distance than existing sensor solutions and integrate seamlessly into Hitachi Astemo's advanced vehicle assistance systems (ADAS) to work directly with other ADAS and ECU (engine control unit) applications.
  • Hitachi Astemo Americas, Inc. manufactures and markets engine management, electric powertrain, integrated vehicle control for major automotive manufacturers worldwide, adhering to ISO/TS:16949:2009 industry standards.

Hitachi Astemo Americas And Light Collaborate On Development Of ADAS Technology

Retrieved on: 
Monday, July 12, 2021
Companies, Manufacturing, Economy of Japan, Fuyo Group, Hitachi, ADAS, Advanced driver-assistance systems, Engine control unit

REDWOOD CITY, Calif., July 12, 2021 /PRNewswire/ -- Hitachi Astemo Americas, Inc., and Light, a leading provider of depth perception for vehicles, have begun "proof of concept" development of a forward-facing perception system for use with advanced driver assistance systems.

Key Points: 
  • REDWOOD CITY, Calif., July 12, 2021 /PRNewswire/ -- Hitachi Astemo Americas, Inc., and Light, a leading provider of depth perception for vehicles, have begun "proof of concept" development of a forward-facing perception system for use with advanced driver assistance systems.
  • The two companies will begin to field test the new multi-view, camera-based sensing technology later this month.
  • Light's Clarity systems have better range, detail and accuracy at distance than existing sensor solutions and integrate seamlessly into Hitachi Astemo's advanced vehicle assistance systems (ADAS) to work directly with other ADAS and ECU (engine control unit) applications.
  • Hitachi Astemo Americas, Inc. manufactures and markets engine management, electric powertrain, integrated vehicle control for major automotive manufacturers worldwide, adhering to ISO/TS:16949:2009 industry standards.

Nissan Brings "A to Z" Lineup of New Vehicles to Chicago Auto Show

Retrieved on: 
Monday, July 12, 2021
Automotive, General Automotive, Automotive Manufacturing, Other Automotive, Manufacturing, Alternative Vehicles, Fuels, Cars, Sport utility vehicles, Motor vehicles, Fuyo Group, Nissan, Renault–Nissan–Mitsubishi Alliance, Crossover, Nissan Murano, Nissan Pathfinder

Consumers can now see an all-new Nissan brand in one place for the first time ever at the 2021 Chicago Auto Show - including the iconic Z Proto.

Key Points: 
  • Consumers can now see an all-new Nissan brand in one place for the first time ever at the 2021 Chicago Auto Show - including the iconic Z Proto.
  • Other eye-catching Nissan vehicles at the Chicago Auto Show include the new 2021 Armada full-size SUV, all-new 2021 Rogue crossover and new 2021 Kicks compact crossover.
  • Other eye-catching Nissan vehicles at the show, representing Nissans global transformation include the new 2021 Armada full-size SUV, all-new 2021 Rogue crossover and new 2021 Kicks compact crossover.
  • The stunning Z Proto previews the next generation Nissan Z which makes its world production debut on August 17.

Sompo International Commercial P&C Expands Multinational Capabilities with Establishment of Sompo Global Risk Solutions Asia-Pacific

Retrieved on: 
Friday, July 9, 2021
Furukawa Group, Fuyo Group, Sompo Japan Nipponkoa Insurance, Reinsurance, Insurance, Companies, Economy of Japan

The establishment of Sompo GRS Asia-Pacific is the latest move by Sompo Internationals Commercial P&C segment to rapidly expand its global footprint and strengthen its ability to serve an increasingly multinational client base.

Key Points: 
  • The establishment of Sompo GRS Asia-Pacific is the latest move by Sompo Internationals Commercial P&C segment to rapidly expand its global footprint and strengthen its ability to serve an increasingly multinational client base.
  • By exporting the strength of our commercial lines servicing capabilities and underwriting expertise throughout the broader Sompo network, we will continue to increase our global relevance to clients, including the industry verticals served by Sompo Global Risk Solutions.
  • The launch of Sompo GRS in Asia builds upon our established brand presence and expands our ability to serve commercial clients with a comprehensive set of risk management services and multi-line capabilities.
  • Sompo International Holdings Ltd. (Sompo International) is a global specialty provider of property and casualty insurance and reinsurance, headquartered in Bermuda.

Polish-Japanese Smart Grid Demonstration Project in Poland has been completed

Retrieved on: 
Thursday, July 8, 2021
Companies, Economy of Japan, Fuyo Group, Manufacturing, Robotics in Japan, Showa Denko, Renewable energy, Hitachi

The project aimed to contribute to further integration of renewable energy in Poland by achieving secure power grid operation while minimizing investment costs for power transmission equipment at the same time.

Key Points: 
  • The project aimed to contribute to further integration of renewable energy in Poland by achieving secure power grid operation while minimizing investment costs for power transmission equipment at the same time.
  • This demonstration project was completed upon the accomplishment of the goal that the technical effectiveness of both systems, which were developed under the entrustment by NEDO, were confirmed through the demonstration period.
  • Hitachi, SMBC, and Showa Denko Materials will contribute to the enhancement of Polish power system with the know-how gained from the demonstration project.
  • As a global financial group, SMBC will contribute to the development of a sustainable society together with the project participants.

About a Media Report Concerning Showa Denko

Retrieved on: 
Thursday, July 8, 2021
Fuyo Group, Showa Denko, Economy of Japan, SDK, The Nikkei, Keizai, Nikkei, Companies, Business

TOKYO, July 8, 2021 - (JCN Newswire) - With regard to the media coverage made by Nihon Keizai Shimbun (NIKKEI: The Japan Economic Journal) published on July 8, 2021 reporting that Showa Denko (SDK; TSE:4004) will sell off the lead-acid battery business operated by Showa Denko Materials Co., Ltd., which is a member company of the Showa Denko Group, SDK has never released such news, and the coverage is not based on information disclosed by SDK.

Key Points: 
  • TOKYO, July 8, 2021 - (JCN Newswire) - With regard to the media coverage made by Nihon Keizai Shimbun (NIKKEI: The Japan Economic Journal) published on July 8, 2021 reporting that Showa Denko (SDK; TSE:4004) will sell off the lead-acid battery business operated by Showa Denko Materials Co., Ltd., which is a member company of the Showa Denko Group, SDK has never released such news, and the coverage is not based on information disclosed by SDK.
  • SDK has been investigating various measures to increase its corporate value, including review of the Showa Denko Group's business portfolio.
  • Showa Denko K.K.
  • Showa Denko K.K., CSR & Corporate Communication Office, Tel: +81-3-5470-3235

New ProCare After-Sales Service Program Tailored for Canon Colorado Customers

Retrieved on: 
Wednesday, July 7, 2021
Companies, Canon Inc., Fuyo Group, ProCare, Economy of Japan, Canon, Industry economics)

MELVILLE, N.Y., July 7, 2021 /PRNewswire/ --Canon Solutions America, Inc., a wholly owned subsidiary of Canon U.S.A., Inc., today announces the launch of its new ProCare after-sales service program, designed for users of the Canon Colorado roll-to-roll wide format printer series powered by UVgel technology.

Key Points: 
  • MELVILLE, N.Y., July 7, 2021 /PRNewswire/ --Canon Solutions America, Inc., a wholly owned subsidiary of Canon U.S.A., Inc., today announces the launch of its new ProCare after-sales service program, designed for users of the Canon Colorado roll-to-roll wide format printer series powered by UVgel technology.
  • The ProCare service program reflects this philosophy, giving customers the added confidence they need to always deliver.
  • 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 .

Ricoh joins AMERICA IS ALL IN coalition to tackle the worldwide climate crisis

Retrieved on: 
Wednesday, July 7, 2021
Energy policy, Articles, Physical sciences, Emissions reduction, Companies, Climate change policy, Fuyo Group, Ricoh, 100% renewable energy, Renewable energy transition, Climate change mitigation, Renewable resource

EXTON, Pa., July 7, 2021 /PRNewswire/ -- Ricoh USA, Inc. today announced that it has joined AMERICA IS ALL IN , the most expansive coalition of leaders in the U.S. supporting climate action.

Key Points: 
  • EXTON, Pa., July 7, 2021 /PRNewswire/ -- Ricoh USA, Inc. today announced that it has joined AMERICA IS ALL IN , the most expansive coalition of leaders in the U.S. supporting climate action.
  • Ricoh's pledge builds upon its long-standing commitment to combat climate change and to help create a more environmentally sustainable society.
  • Ricoh has also set an interim target of 30% by March 2023, accelerating its renewable energy transition by eight years .
  • Currently, eight Ricoh USA offices are 100% renewable energy dependent, including facilities in Illinois, Massachusetts, Ohio, Pennsylvania and Texas.