NEC Corporation has signed a contract with the Commonwealth of Australia to supply nine types of defense equipment for the Royal Australian Navy's SEA3000 frigate procurement program. The initial phase includes outfitting three ships, part of a broader plan to acquire 11 vessels. The agreement involves NEC providing underwater-related equipment, such as surface ship sonars, which are crucial for enhancing […]
TANAKA PRECIOUS METAL GROUP Co., Ltd. has announced that its newly established subsidiary, TANAKA PRECIOUS METAL NEXT Co., Ltd., has been certified as a special subsidiary under Japan's Act to Facilitate the Employment of Persons with Disabilities. This certification, obtained on March 30, 2026, marks a significant step in TANAKA's commitment to fostering an inclusive work environment. Established in January […]
Isuzu Motors Limited and Toyota Motor Corporation have announced a collaboration to develop a next-generation light-duty fuel cell electric truck. The vehicle will be based on Isuzu's ELF EV battery electric vehicle and incorporate Toyota's third-generation fuel cell system. The companies aim to start production in fiscal year 2027, enhancing technologies that support the high-utilization conditions of commercial vehicles. The […]
Honda Motor Co., Ltd. is set to launch the all-new Honda Insight, a fully electric vehicle, in Japan on April 17, 2026. This marks the introduction of the fourth-generation model, which continues the legacy of the Insight as Honda's pioneering hybrid vehicle since its debut in 1999. The new Insight is characterized by its distinctive crossover SUV design, aiming to […]
Hitachi Energy and Samsung C&T Engineering & Construction Group have signed a Memorandum of Understanding (MoU) to enhance their collaboration on high-voltage alternating current (HVAC) grid infrastructure projects worldwide. This partnership aims to address the evolving global energy landscape by modernizing infrastructure and integrating more clean energy sources. The collaboration will leverage Hitachi Energy's expertise in grid technologies and Samsung […]
Mitsubishi Motors Corporation announced that its Outlander plug-in hybrid electric vehicle (PHEV) model secured the top position in domestic sales within Japan's PHEV category for fiscal year 2025. The company reported sales of 7,794 units, marking the second consecutive year the Outlander PHEV has led the category. Since its introduction in 2013, the Outlander PHEV has been a significant player […]
Nuvoton Technology Corporation Japan announced the launch of its latest high-power violet laser diode, boasting an optical output of 4.5 watts at 402 nanometers, representing a 1.5-fold increase over its predecessor. The diode, designed for use in maskless lithography systems, will enter mass production in May. The technological advancements in Nuvoton's new product are attributed to a proprietary device structure […]
Keio Plaza Hotel Co., Ltd. has announced the schedule for its upcoming cultural experience workshop program titled “Journey into Japan: A Workshop of Cultural Discovery,” set to take place from May to August 2026. The program will be held regularly in the Art Lobby on the third floor of the Main Tower at the Keio Plaza Hotel Tokyo, located in […]
Taiho Ventures, LLC, the corporate venture capital arm of Taiho Pharmaceutical Co., Ltd., marks its 10th anniversary since establishment in 2016, underscoring a decade of strategic investments in therapeutics startups and healthcare technologies. Over the past decade, Taiho Ventures has emerged as a significant player in the Japanese pharmaceutical industry's corporate venture capital landscape, maintaining the largest fund size among […]
DENSO Corporation has announced a strategic partnership with Oracle Corporation to modernize its core systems in the supply chain domain. The initiative, which commenced in April, will see DENSO deploy a new global core system based on Oracle Fusion Cloud Applications, incorporating the latest AI technologies. The automotive industry is grappling with increasing complexity in supply chain operations, driven by […]
Fujitsu Limited and Chugoku Electric Power Transmission & Distribution Co., Inc. have entered into an intellectual property licensing agreement effective April 15, 2026. The agreement focuses on leveraging Chugoku Electric Power T&D's dynamic line rating technology and maintenance-related intellectual property to enhance power grid operations. The collaboration aims to support renewable energy expansion and improve power transmission facility maintenance using […]
InnoEX, organized by the Innovation, Technology and Industry Bureau of the HKSAR Government and the Hong Kong Trade Development Council (HKTDC), has opened alongside the Hong Kong Electronics Fair (Spring Edition) at the Hong Kong Convention and Exhibition Centre. The event, themed “Innovate • Automate • Elevate,” will run for four days, featuring over 2,800 exhibitors from 27 countries and […]
Alpha Growth plc's asset management subsidiary, Alpha Longevity Management Ltd (ALM), has introduced a new U.S.-focused specialty finance strategy aimed at Japanese institutional investors. The initiative is part of the firm's strategic expansion across Asia's institutional capital markets. The strategy is led by Andre Severino, a former senior member of Nikko Asset Management, and Charlie Devin-Smith. Both executives bring extensive […]
Hoshizaki Corporation, a leading manufacturer of commercial foodservice equipment, has announced plans to implement IFS Cloud as its next-generation core system to transform its legacy ERP systems. The initiative aims to support over 700 users across two major production sites and establish a foundation for AI-enabled manufacturing optimization. Amid growing competition and product diversification, Hoshizaki views this as an opportunity […]
NEC Corporation's automated negotiation AI initiative has been recognized as a key use case in the Gartner research report “Deploy AI Agents in Procurement: A Roadmap to Success.” The report outlines strategies for chief information officers and executive leaders to implement machine buyers, a transformative AI capability designed to streamline internal supply chains and procurement processes. The inclusion of NEC's […]
