Economy of Japan

PIC Group’s Remote Operating Center in Full Operation

Monday, March 1, 2021 - 10:14pm

PIC Group, Inc., a global power and energy service provider, announces the full operation of its remote operating center (ROC), headquartered in Atlanta, Georgia.

Key Points: 
  • PIC Group, Inc., a global power and energy service provider, announces the full operation of its remote operating center (ROC), headquartered in Atlanta, Georgia.
  • Particularly suited for renewable energy applications such as wind, solar and hydropower, PIC Groups ROC is a versatile platform for all technologies including simple cycle and combined cycle power plants as well as refining operations.
  • Manned 24-hours per day, 7-days per week, PIC Groups remote operations center combines state-of-the-art technology with highly qualified and experienced control room operators for unmatched operations and control capability, said Frank Avery, President and CEO at PIC Group.
  • PIC Group, Inc. is a wholly owned subsidiary of Marubeni Corporation, a Fortune Global 500 Company.

Bridgestone Retail Operations Raises $3.6 Million in 2020 for Boys & Girls Clubs of America

Monday, March 1, 2021 - 3:38pm

NASHVILLE, Tenn., March 1, 2021 /PRNewswire/ -- Bridgestone Retail Operations (Bridgestone), a subsidiary of Bridgestone Americas , announced it raised more than $3.6 million in 2020 for Boys & Girls Clubs of America as part of their nationwide Driving Great Futures partnership.

Key Points: 
  • NASHVILLE, Tenn., March 1, 2021 /PRNewswire/ -- Bridgestone Retail Operations (Bridgestone), a subsidiary of Bridgestone Americas , announced it raised more than $3.6 million in 2020 for Boys & Girls Clubs of America as part of their nationwide Driving Great Futures partnership.
  • In addition to contributing $1.6 million to the Boys & Girls Clubs COVID-19 Relief Fund in 2020, Bridgestone awarded 40 transportation grants in December to Boys & Girls Clubs across the country.
  • Since 2015, Bridgestone has raised and contributed a total of $15.3 million for Boys & Girls Clubs of America since it began its nationwide Driving Great Futures partnership.
  • About Boys & Girls Clubs of America:
    For 160 years, Boys & Girls Clubs of America (BGCA.org ) has enabled young people most in need to achieve great futures as productive, caring, responsible citizens.

Konica Minolta’s AccurioPress C14000 and C12000 Achieve Two Idealliance® Certifications

Monday, March 1, 2021 - 3:55pm

(Konica Minolta), a leader in industrial and commercial printing and packaging solutions, is pleased to announce its AccurioPress C14000 and C12000 have earned Idealliance Digital Electrophotographic Press Certification and ISO/PAS 15339 System Certification .

Key Points: 
  • (Konica Minolta), a leader in industrial and commercial printing and packaging solutions, is pleased to announce its AccurioPress C14000 and C12000 have earned Idealliance Digital Electrophotographic Press Certification and ISO/PAS 15339 System Certification .
  • Konica Minoltas AccurioPress C14000/C12000 and EFI Fiery Controller IC-319 configuration surpassed all Idealliance criterion, exceeding the established industry tolerances set forth by Idealliance for excellence in the areas of colorimetric, accuracy, uniformity, repeatability, durability and registration.
  • Konica Minolta continues toadvance the industry, showingleadership in press performance and quality as highlighted by these certifications, said Mike Grady, Vice President of Global Partnerships, Idealliance .
  • Learn more about Konica Minoltas AccurioPress C14000 and C12000 in the United States here .

DENSO Products and Services Americas Celebrates 50 Years in America

Monday, March 1, 2021 - 2:00pm

LONG BEACH, Calif., March 01, 2021 (GLOBE NEWSWIRE) -- DENSO Products and Services Americas (DPAM), Inc., an affiliate of leading global automotive supplier DENSO Corp., today kicks off a year of commemorative activities to celebrate the companys 50th anniversary in America.

Key Points: 
  • LONG BEACH, Calif., March 01, 2021 (GLOBE NEWSWIRE) -- DENSO Products and Services Americas (DPAM), Inc., an affiliate of leading global automotive supplier DENSO Corp., today kicks off a year of commemorative activities to celebrate the companys 50th anniversary in America.
  • DENSO will mark the anniversary with various employee celebrations across its administrative, sales, manufacturing and distribution centers throughout North America.
  • We proudly carry this tradition into the future as we commemorate 50 years of DPAMs growth and success in America.
  • DPAMs rich history in America dates back to March 1, 1971, when the company incorporated as Nippondenso.

 DENSO Products and Services Americas Celebrates 50 Years in America

Monday, March 1, 2021 - 2:00pm

LONG BEACH,Calif., March 01, 2021 (GLOBE NEWSWIRE) -- DENSO Products and Services Americas (DPAM), Inc., an affiliate of leading global automotive supplier DENSO Corp., today kicks off a year of commemorative activities to celebrate the companys 50th anniversary in America.

Key Points: 
  • LONG BEACH,Calif., March 01, 2021 (GLOBE NEWSWIRE) -- DENSO Products and Services Americas (DPAM), Inc., an affiliate of leading global automotive supplier DENSO Corp., today kicks off a year of commemorative activities to celebrate the companys 50th anniversary in America.
  • DENSO will mark the anniversary with various employee celebrations across its administrative, sales, manufacturing and distribution centers throughout North America.
  • We proudly carry this tradition into the future as we commemorate 50 years of DPAMs growth and success in America.
  • DENSO is committed to advancing diversity and inclusion inside the company and beyond a principle that brings unique perspectives together, bolsters innovation and pushes DENSO forward.

Sony Music Middle East Signs Egyptian Hit Recording Artist Hamaki And Top Producer Hamdy Badr

Monday, March 1, 2021 - 11:18am

The partnership with Badr, who is also Hamaki's music producer, will help grow and scale Egyptian Pop music through multiple projects with hit recording artists and developing talent over the coming years.

Key Points: 
  • The partnership with Badr, who is also Hamaki's music producer, will help grow and scale Egyptian Pop music through multiple projects with hit recording artists and developing talent over the coming years.
  • "We are delighted to welcome Hamaki and Craft Media to the Sony Music family," said Shridhar Subramaniam, President, Strategy and Market Development Asia and Middle East, Sony Music.
  • "Both Hamaki and I are delighted to be working with Sony Music and their fantastic people in Dubai and across the world," added Hamdy Badr, founder of Craft Media and Manager of Hamaki.
  • "Sony Music has a strong reputation in the Middle East for its creativity, drive and always putting the artist first in everything it does.

Sony Music Middle East Signs Egyptian Hit Recording Artist Hamaki And Top Producer Hamdy Badr

Monday, March 1, 2021 - 11:04am

The partnership with Badr, who is also Hamaki's music producer, will help grow and scale Egyptian Pop music through multiple projects with hit recording artists and developing talent over the coming years.

Key Points: 
  • The partnership with Badr, who is also Hamaki's music producer, will help grow and scale Egyptian Pop music through multiple projects with hit recording artists and developing talent over the coming years.
  • "We are delighted to welcome Hamaki and Craft Media to the Sony Music family," said Shridhar Subramaniam, President, Strategy and Market Development Asia and Middle East, Sony Music.
  • "Both Hamaki and I are delighted to be working with Sony Music and their fantastic people in Dubai and across the world," added Hamdy Badr, founder of Craft Media and Manager of Hamaki.
  • "Sony Music has a strong reputation in the Middle East for its creativity, drive and always putting the artist first in everything it does.

Mitsubishi Power Commences Development of World's First Ammonia-fired 40MW Class Gas Turbine System

Monday, March 1, 2021 - 9:46am

TOKYO, Mar 1, 2021 - (JCN Newswire) - Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has commenced development of a 40-megawatt (MW) class gas turbine that is fueled by 100% ammonia (NH3).

Key Points: 
  • TOKYO, Mar 1, 2021 - (JCN Newswire) - Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has commenced development of a 40-megawatt (MW) class gas turbine that is fueled by 100% ammonia (NH3).
  • Going forward, after combustion and other testing, Mitsubishi Power is targeting commercialization in or around 2025.
  • Mitsubishi Power is working to reduce environmental impact through the development of high-efficiency power generation technologies.
  • Developing a method for directly combusting ammonia will further expand Mitsubishi Power's lineup of carbon-free power generation systems.

Effissimo Releases Presentation Explaining Proposal to Appoint Independent Investigators at Toshiba

Monday, March 1, 2021 - 7:00am

Effissimo Capital Management (Effissimo), the largest shareholder of Toshiba Corporation (Toshiba) (TYO:6502) through the funds it manages, today released a presentation explaining the reasons behind its proposal for an independent investigation into reported irregularities surrounding Toshibas July 2020 Annual General Meeting of Shareholders (AGM).

Key Points: 
  • Effissimo Capital Management (Effissimo), the largest shareholder of Toshiba Corporation (Toshiba) (TYO:6502) through the funds it manages, today released a presentation explaining the reasons behind its proposal for an independent investigation into reported irregularities surrounding Toshibas July 2020 Annual General Meeting of Shareholders (AGM).
  • Effissimos proposal will be voted on by Toshibas shareholders at an extraordinary shareholders meeting scheduled for March 18, 2021.
  • Finally, the presentation provides a detailed historical context of chronic governance and oversight dysfunction at Toshiba that has persisted despite the installation of new management in 2017.
  • Failure to perform a thorough and independent investigation will set a harmful precedent not only for Toshiba but also for corporate Japan as a whole.

Nidec Announces the Status of Own Share Repurchase

Monday, March 1, 2021 - 6:30am

KYOTO, Japan, March 01, 2021 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the Company) today announced the status of the Companys own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of Directors held on January 25, 2021, pursuant to Article 459, Paragraph 1, Item 1 of the Company Law of Japan.

Key Points: 
  • KYOTO, Japan, March 01, 2021 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the Company) today announced the status of the Companys own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of Directors held on January 25, 2021, pursuant to Article 459, Paragraph 1, Item 1 of the Company Law of Japan.
  • Period of own share repurchase: From February 1, 2021 through February 28, 2021
    3.
  • Number of own shares repurchased: 0
    Note: The above repurchase information has been prepared on the basis of trade date.
  • A)The following details were resolved by the Companys Board of Directors on January 25, 2021:
    2.