Economy of Japan

Class Raises $105 Million in Series B Funding Led by SoftBank Vision Fund 2

Retrieved on: 
Wednesday, July 28, 2021
SoftBank Group, Companies, Vodafone, SoftBank Vision Fund, Economy of Japan, Michael Chasen, Service companies

WASHINGTON, July 28, 2021 /PRNewswire/ -- Class Technologies Inc., the company enhancing virtual and hybrid classrooms by adding teaching and learning tools to Zoom, has raised a $105 million Series B funding round led by SoftBank's Vision Fund 2*.

Key Points: 
  • WASHINGTON, July 28, 2021 /PRNewswire/ -- Class Technologies Inc. , the company enhancing virtual and hybrid classrooms by adding teaching and learning tools to Zoom, has raised a $105 million Series B funding round led by SoftBank's Vision Fund 2*.
  • In conjunction with the funding, Kristin Bannon, Investment Director, SoftBank Investment Advisers will join the Class board of directors.
  • Class is software developed by Class Technologies Inc., a company founded by education software pioneer Michael Chasen.
  • *As of the date of this press release, SoftBank Group Corp. has made capital contributions to allow investments by SoftBank Vision Fund 2 ("SVF 2") in certain portfolio companies.

Mitsubishi Electric Announces Replacement of President & CEO, Changes to Representative Executive Officer and Executive Officer

Retrieved on: 
Wednesday, July 28, 2021
Rail, Technology, Transport, Manufacturing, Other Manufacturing, Hardware, Companies, Mitsubishi companies, Economy of Japan, Manufacturing, Mitsubishi Motors, Mitsubishi

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that in light of a series of issues in Mitsubishi Electric Group, namely the quality-related conduct disclosed on June 30 and July 2, 2021, pertaining to HVAC (Heating, Ventilation and Air Conditioning systems) for railcars, among others, Director, Representative Executive Officer, President & CEO Takeshi Sugiyama will resign as of July 28, 2021.

Key Points: 
  • Mitsubishi Electric Corporation (TOKYO: 6503) announced today that in light of a series of issues in Mitsubishi Electric Group, namely the quality-related conduct disclosed on June 30 and July 2, 2021, pertaining to HVAC (Heating, Ventilation and Air Conditioning systems) for railcars, among others, Director, Representative Executive Officer, President & CEO Takeshi Sugiyama will resign as of July 28, 2021.
  • In addition, at an extraordinary meeting of the Board of Directors held on July 28, 2021, resolutions were made concerning a successor to the positions of President & CEO and Representative Executive Officer, as well as with regard to the executive officer structure.
  • As such, at an extraordinary meeting of the Board of Directors held on July 28, 2021, Mitsubishi Electric made resolutions pertaining to the successor to the positions of President & CEO and Representative Executive Officer, and concerning the executive officer structure.
  • Under the leadership of the new President & CEO and Executive Officers, Mitsubishi Electric will investigate the root causes of the series of improper quality-related conduct, and will also promote reform of the companys corporate culture while striving to recover trust from all stakeholders.

Konica Minolta MFPs Exceed Industry Standards for Cybersecurity Compliance

Retrieved on: 
Tuesday, July 27, 2021
Konica Minolta, Companies, Industry economics), Economy of Japan, Minolta, Konica, Multi-function printer

Konica Minolta puts their products through rigorous internal cybersecurity tests to protect their systems and ensure they meet PCI, HIPAA, FERPA and GDPR compliance requirements.

Key Points: 
  • Konica Minolta puts their products through rigorous internal cybersecurity tests to protect their systems and ensure they meet PCI, HIPAA, FERPA and GDPR compliance requirements.
  • But to further assure customers that the printers exceed industry standards for cybersecurity compliance, Konica Minolta invested in an extra layer of threat protection penetration tests provided by NTT DATA and the Security division of NTT Ltd.
    Konica Minolta provided a line of its multifunction printers and their source code to NTT DATA for penetration testing.
  • Visit Konica Minolta online to read the full report or watch a short video about its efforts to protect its systems from vulnerabilities.
  • Konica Minolta partners with its clients to give shape to ideas and works to bring value to our society.

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

Retrieved on: 
Tuesday, July 27, 2021
Energy, Other Energy, Utilities, Oil, Gas, Fuyo Group, Marubeni, Economy of Japan, Companies

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.

Sharp NEC Display Solutions Adds the NC1202L to its Digital Cinema Projector Series

Retrieved on: 
Tuesday, July 27, 2021
Entertainment, Consumer electronics, Technology, General Entertainment, Other Technology, Audio, Video, Hardware, Companies, Digital media, Economy of Japan, Technology, NEC Display Solutions, Display technology, NEC, Digital cinema, Digital signage, Projector

Sharp NEC Display Solutions, a global leader in the projector and display market , today announced the availability of the NC1202L laser light source projector, an addition to its digital cinema projection series.

Key Points: 
  • Sharp NEC Display Solutions, a global leader in the projector and display market , today announced the availability of the NC1202L laser light source projector, an addition to its digital cinema projection series.
  • The new NC1202L, an upgraded model from its previous generation, is the latest and greatest projector for the small screen market with exceptional picture quality and color rendition, said Rich McPherson, Senior Product Manager for Sharp NEC Display Solutions.
  • For more information on Sharp NEC Display Solutions, visit https://www.sharpnecdisplays.us/ .
  • About Sharp NEC Display Solutions of America, Inc.
    Sharp NEC Display Solutions of America, Inc. is the leading global provider of professional and commercial visual technology and digital signage solutions, wholly owned by Sharp NEC Display Solutions, Ltd .

NTT and ACCESS Forge Partnership Toward Realization of IOWN

Retrieved on: 
Tuesday, July 27, 2021
Data management, Technology, Other Technology, Telecommunications, Software, Networks, Internet, Companies, Nippon Telegraph and Telephone, Economy of Japan, Telecommunications, NTT, Mobile virtual network operators, Mobile telecommunications, NTT Communications, Wireless networking, NTT DoCoMo, NTT, ACCESS, NTT, ACCESS

NTT Corporation (NTT) and ACCESS Co., Ltd., today announced a business and technology partnership aimed at promoting the realization of Innovative Optical and Wireless Network (IOWN) (*1).

Key Points: 
  • NTT Corporation (NTT) and ACCESS Co., Ltd., today announced a business and technology partnership aimed at promoting the realization of Innovative Optical and Wireless Network (IOWN) (*1).
  • Through the arrangement, NTT and ACCESS will conduct research and development on new user interface and user experience technology for IOWN.
  • NTT and ACCESS will continue conducting open R&D with various global partners toward realization of IOWN.
  • IOWN stands for Innovative Optical and Wireless Network and a concept proposed by NTT for networks and information processing infrastructure.

Back To College Essentials Just Got Tougher With Casio

Retrieved on: 
Tuesday, July 27, 2021
Casio, Companies, Watch, Economy of Japan, Industry economics)

DOVER, N.J., July 27, 2021 /PRNewswire/ --Back to College shopping season is officially here and when it comes to adding a functional and stylish timepiece to your college wardrobe, Casio America Inc .

Key Points: 
  • DOVER, N.J., July 27, 2021 /PRNewswire/ --Back to College shopping season is officially here and when it comes to adding a functional and stylish timepiece to your college wardrobe, Casio America Inc .
  • For those who appreciate a refined look, the G-STEEL and G-MS collections bring the ideal timepiece for the college student looking to add a sleek yet tough watch to their college wardrobe.
  • Casio America, Inc., Dover, N.J., is the U.S. subsidiary of Casio Computer Co., Ltd., Tokyo, Japan, one of the world's leading manufacturers of consumer electronics and business equipment solutions.
  • Casio has strived to realize its corporate creed of "creativity and contribution" through the introduction of innovative and imaginative products.

Pat Whalen joins RiverMeadow from Microsoft as Senior Vice President, Sales

Retrieved on: 
Tuesday, July 27, 2021
Industry economics), Cloud infrastructure, Fujitsu, Furukawa Group, Companies, Economy of Japan, Cloud computing

LOS GATOS, Calif., July 27, 2021 /PRNewswire/ -- RiverMeadow Software Inc ., a leading provider of Cloud Migration Services and MigrationPlatform Capability , announced today that it has appointed Pat Whalen as Senior Vice President, Sales.

Key Points: 
  • LOS GATOS, Calif., July 27, 2021 /PRNewswire/ -- RiverMeadow Software Inc ., a leading provider of Cloud Migration Services and MigrationPlatform Capability , announced today that it has appointed Pat Whalen as Senior Vice President, Sales.
  • Pat joins RiverMeadow from Microsoft where he spent six years in Solutions Sales successfully identifying and developing Azure migration opportunities into multi-million-dollar deals.
  • Previous positions included Fujitsu and Cap Gemini where he worked in a variety of senior sales and sales management roles solving mission-critical technology issues for clients.
  • In his new role Pat will be responsible for overseeing RiverMeadow's fast-growing customer base, as well as progressing the company's relationships with leading hyper scalers.

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

Retrieved on: 
Tuesday, July 27, 2021
Canon Inc., Fuyo Group, Companies, Economy of Japan, Industry economics)

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.

Mitsubishi Tanabe Pharma America and Target ALS Announce Call for Nominations for First Annual Rebecca Luker Courage Award

Retrieved on: 
Tuesday, July 27, 2021
Companies, Mitsubishi companies, Economy of Japan, Economic history of Japan, Mitsubishi Tanabe Pharma, Mitsubishi Motors, Pharma, Luker, Mitsubishi

JERSEY CITY, N.J., July 27, 2021 /PRNewswire/ -- Mitsubishi Tanabe Pharma America, Inc. (MTPA) and Target ALS today announced the establishment of the inaugural Target ALS Rebecca Luker Courage Award.

Key Points: 
  • JERSEY CITY, N.J., July 27, 2021 /PRNewswire/ -- Mitsubishi Tanabe Pharma America, Inc. (MTPA) and Target ALS today announced the establishment of the inaugural Target ALS Rebecca Luker Courage Award.
  • We are tremendously honored to present the Target ALS Rebecca Luker Courage Award to members of the ALS community who tackle seemingly impossible challenges with a tenacious spirit."
  • During the months of July, August and September, community members can nominate individuals for the Rebecca Luker Courage Award by visiting www.TargetALS.org .
  • About Mitsubishi Tanabe Pharma America, Inc.
    Based in Jersey City, N.J., Mitsubishi Tanabe Pharma America, Inc. (MTPA) is a wholly-owned subsidiary of Mitsubishi Tanabe Pharma Corporation's (MTPC) 100 percent owned U.S. holding company, Mitsubishi Tanabe Pharma Holdings America, Inc.