Are you the publisher? Claim or contact us about this channel


Embed this content in your HTML

Search

Report adult content:

click to rate:

Account: (login)

More Channels


Channel Catalog


Channel Description:

ACN Newswire press release news - Recent Press Releases

older | 1 | .... | 202 | 203 | (Page 204) | 205 | 206 | .... | 320 | newer

    0 0

    I. Production
    II. Domestic sales
    III. Exports
    TOKYO, Sep 28, 2017 - (JCN Newswire) - Mazda Motor Corporation's production and sales results for August 2017 are summarized below.

    I. Production
    http://www.acnnewswire.com/topimg/Low_Mazda92817Production.jpg

    1. Domestic Production

    Mazda's domestic production volume in August 2017 decreased 4.1% year on year due to decreased production of passenger vehicles.

    Domestic production of key models in August 2017
    CX-5: 26,547 units (up 6.5% year on year)
    CX-3: 11,236 units (up 45.7% year on year)
    Mazda3 (Axela): 10,598 units (down 34.3% year on year)

    2. Overseas Production

    Mazda's overseas production volume in August 2017 decreased 10.7% year on year, reflecting decreased production of passenger vehicles.

    Overseas production of key models in August 2017
    Mazda3: 19,173 units (down 7.8% year on year)
    Mazda2: 9,212 units (down 4.3% year on year)
    CX-4: 6,192 units (up 37.1% year on year)

    II. Domestic sales
    http://www.acnnewswire.com/topimg/Low_Mazda92817DomSales.jpg

    Mazda's domestic sales volume in August 2017 decreased 7.1% year on year due to decreased sales of passenger vehicles. Mazda's registered vehicle market share was 4.6% (down 0.9 points year on year), with a 2.6% share of the micro-mini segment (up 0.3 points year on year) and a 3.9% total market share (down 0.5 points year on year).

    Domestic sales of key models in August 2017
    Mazda2 (Demio): 3,741 units (down 5.7% year on year)
    CX-5: 2,523 units (up 104.0% year on year)
    CX-3: 1,415 units (up 41.5% year on year)

    III. Exports
    http://www.acnnewswire.com/topimg/Low_Mazda92817Exports.jpg

    Mazda's export volume in August 2017 decreased 7.2% year on year due to decreased shipments to Europe, Oceania and other regions.

    Exports of key models in August 2017
    CX-5: 26,351 units (up 5.0% year on year)
    Mazda3: 9,921 units (down 40.3% year on year)
    CX-3: 9,695 units (up 33.5% year on year)

    About Mazda

    Mazda Motor Corporation (TSE: 7261) started manufacturing tools in 1929 and soon branched out into production of trucks for commercial use. In the early 1960s, Mazda launched its first passenger car models and began developing rotary engines. Still headquartered in Hiroshima in western Japan, Mazda today ranks as one of Japan's leading automakers, and exports cars to the United States and Europe for over 30 years. For more information, please visit www.mazda.com

    Contact:
    Corporate Communications Division Mazda Motor Corporation, Japan +81-3-3508-5056 [Tokyo] +81-82-282-5253 [Hiroshima] mailto: media@mazda.co.jp

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

    0 0

    - The three companies agree to establish a new company as a joint development center and begin specific cooperative projects -

    Toyota City, Japan, Sep 28, 2017 - (JCN Newswire) - Mazda Motor Corporation, Denso Corporation, and Toyota Motor Corporation signed a contract today to jointly develop basic structural technologies for electric vehicles. Furthermore, the three companies have also decided to establish a new company consisting of selected engineers from the three companies to ensure the efficient implementation of the joint technological development projects.

    As countries and regions around the world adopt increasingly stringent policies to help reduce greenhouse gases, new regulations that mandate a certain proportion of electric vehicle sales are beginning to emerge. Complying with these environmental regulations, while ensuring the sustainable growth of our companies, requires the development of a wide range of powertrains and technologies. We regard electric vehicles (EVs) as a key technological field in this process alongside fuel cell vehicles.

    With EVs yet to find widespread market acceptance, the huge investments and time required to cover all markets and vehicle segments is a pressing issue for individual automakers when responding to the widely varying demand for vehicles around the world.

    Mazda, Denso, and Toyota have decided to jointly develop basic structural technologies for EVs capable of covering a wide variety of vehicle segments and types to ensure flexible and rapid response to market trends. This agreement covers a diverse range of models, from minivehicles to passenger vehicles, SUVs, and light trucks, and aims to innovate the development process by combining the strengths of each company, including Mazda's bundled product planning and prowess in computer modeling-based development, Denso's electronics technologies, and the Toyota New Global Architecture (TNGA) platform.

    The new company will engage in the following:
    1) Research into the characteristics (common architecture(1)) that define optimum performance and functions of EVs from the standpoint of both individual components and the whole vehicle
    2) Verification of component installation and vehicle performance realized by the characteristics achieved in item 1
    3) Examination of the optimum concept for each car classification with regard to each component and each type of vehicle realized by achieving items 1 and 2

    Through this joint technological development project, by dedicating an equal amount of development resources, ensuring efficient development processes, and taking advantage of existing production facilities, Mazda and Toyota intend to focus their resources on fundamental vehicle values to enable the creation of appealing EVs that embody the unique identities of each brand and avoid the commoditization of EVs.

    The companies also aim to create a business structure that is open to participation by other automakers and suppliers.

    (1) Common architecture is the basic product design concept for realizing required product performance by distributing those requirements among structural components. Under the concept of a common architecture, the basic structure of each component can be commonized, thereby transcending differences in vehicle class and power. By organizing component characteristics, various products can be developed and produced through the same process.

    About Mazda

    Mazda Motor Corporation (TSE: 7261) started manufacturing tools in 1929 and soon branched out into production of trucks for commercial use. In the early 1960s, Mazda launched its first passenger car models and began developing rotary engines. Still headquartered in Hiroshima in western Japan, Mazda today ranks as one of Japan's leading automakers, and exports cars to the United States and Europe for over 30 years. For more information, please visit www.mazda.com

    Contact:
    Corporate Communications Division Mazda Motor Corporation, Japan +81-3-3508-5056 [Tokyo] +81-82-282-5253 [Hiroshima] mailto: media@mazda.co.jp

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

    0 0

    - Production of all-new CX-5 began in August, new measures further improve production quality -

    HIROSHIMA, Japan, Sep 28, 2017 - (JCN Newswire) - Mazda Motor Corporation has announced that its sales and production company in Malaysia, Mazda Malaysia Sdn. Bhd., has strengthened its production system and unveiled a locally made all-new CX-5, a model it began producing on August 29 this year. Mazda Malaysia held a ceremony to mark the occasion, and representatives of Mazda and local business partners also took part.

    Before starting production of the CX-5, Mazda Malaysia invested about 2.3 billion yen to build an exclusive paint shop for Mazda's designer body colors and to automate part of the body-welding process. These measures align new technologies at the plant with those at Ujina and Hofu, Mazda's "parent factories" in western Japan, and will further enhance production quality. Until now, the CX-5 made in Malaysia has been sold in Malaysia and Thailand. Moving forward, the company plans to ship the model to the Philippines, Indonesia, Cambodia and Myanmar as well.

    "We see Malaysia as an important production base in the ASEAN region and, with the aim of establishing a sturdy production system, we've worked closely with our business partners to develop manufacturing of Mazda cars here," said Masatoshi Maruyama, Mazda's Managing Executive Officer in charge of Global Production and Business Logistics. "In addition to enabling the production of cars in Soul Red Crystal and Machine Gray, colors that represent the Mazda brand, these new measures strengthen a consistent production framework based on Mazda's manufacturing concepts and technologies. We will continue efforts to raise quality levels even higher, and I'm confident that cars manufactured here will satisfy customers in every market."

    Hiroshi Inoue, Mazda's Managing Executive Officer in charge of ASEAN business, said, "Customers in ASEAN markets are constantly raising the bar for Mazda's products, technologies and quality standards. We see it as our mission to offer value that exceeds their expectations. And the Malaysia-made all-new CX-5, which is imbued with Mazda's passion for car-making, is just the model to do that. Moving forward, we will continue working closely with our business partners to contribute to the development of the automotive industry in Malaysia, and aim to enrich people's lives with cars that provide driving pleasure."

    Outline of the new paint shop exclusively for Mazda's designer body colors

    Location: Within the grounds of Inokom Corporation Sdn. Bhd. (Kulim, Kedah), a local automobile manufacturing company producing vehicles for Mazda Malaysia on consignment.
    Operations began: August 29, 2017
    Colors: Soul Red Crystal, Machine Gray and Snow Flake White Pearl Mica

    Mazda in Malaysia

    Jan 2011: Started local assembly of the Mazda3 (called Axela in Japan)
    Sep 2012: Established Mazda Malaysia Sdn. Bhd., a sales and production company
    Mar 2013: Started local assembly of the CX-5; began operations at a vehicle body shop exclusively for Mazda vehicles
    Sep 2013: Began exporting the Malaysia-made CX-5 to Thailand
    May 2014: Started operations at a vehicle assembly plant exclusively for Mazda vehicles
    Aug 2017: Started local assembly of the all-new CX-5, began operations at a paint shop exclusively for designer colors for Mazda vehicles

    About Mazda

    Mazda Motor Corporation (TSE: 7261) started manufacturing tools in 1929 and soon branched out into production of trucks for commercial use. In the early 1960s, Mazda launched its first passenger car models and began developing rotary engines. Still headquartered in Hiroshima in western Japan, Mazda today ranks as one of Japan's leading automakers, and exports cars to the United States and Europe for over 30 years. For more information, please visit www.mazda.com

    Contact:
    Corporate Communications Division Mazda Motor Corporation, Japan +81-3-3508-5056 [Tokyo] +81-82-282-5253 [Hiroshima] mailto: media@mazda.co.jp

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

    0 0

    Toyota City, Japan, Sep 28, 2017 - (JCN Newswire) - Toyota Motor Corporation (TMC) announces its production, domestic sales, and export results for August 2017, including those for subsidiaries Daihatsu Motor Co., Ltd., and Hino Motors, Ltd.

    August 2017 Key Points (year-on-year)

    Production in Japan

    Toyota
    - Decreased

    Daihatsu
    - Sixteenth consecutive month of increase

    Hino
    - Second consecutive month of increase

    Toyota + Daihatsu + Hino
    - First increase in two months

    Sales in Japan

    Toyota
    - Decreased
    - Lexus vehicle sales totaled 2,489 units (31.0 percent decrease)
    - Minivehicle sales totaled 2,758 units (22.4 percent increase)
    - 45.7 percent share of market excluding minivehicles (4.3 percentage point decrease)
    - 30.9 percent share of market including minivehicles (3.0 percentage point decrease)

    Daihatsu
    - Fifth consecutive month of increase
    - Minivehicle sales totaled approximately 41,400 units (9.7 percent increase); fifth consecutive month of increase
    - 34.0 percent share of minivehicle market (0.8 percentage point increase)

    Hino
    - Second consecutive month of increase
    - Standard truck sales totaled approximately 4,800 units (95.3 percent increase); second consecutive month of increase
    - 45.0 percent share of the truck market (10.4 percentage point increase)

    Toyota + Daihatsu + Hino
    - First increase in two months
    - 45.3 percent share of market including minivehicles (1.3 percentage point decrease)

    Exports

    Toyota
    - First increase in two months; due to increased exports to North America and Oceania

    Daihatsu
    - There were no exports for Daihatsu.

    Hino
    - Second consecutive month of increase; due to increased exports to North America, Europe, and Asia

    Toyota + Daihatsu + Hino
    - First increase in two months

    Production Outside of Japan

    Toyota
    - Decreased; due to decreased production in North America and Australia

    Daihatsu
    - First decrease in two months; due to decreased production in Indonesia

    Hino
    - Second consecutive month of increase; due to increased production in Asia

    Toyota + Daihatsu + Hino
    - First decrease in two months

    About Toyota

    Supported by people around the world, Toyota Motor Corporation (TSE: 7203; NYSE: TM), has endeavored since its establishment in 1937 to serve society by creating better products. As of the end of December 2013, Toyota conducts its business worldwide with 52 overseas manufacturing companies in 27 countries and regions. Toyota's vehicles are sold in more than 170 countries and regions. For more information, please visit www.toyota-global.com.

    Contact:
    Public Affairs Division Global Communications Department Toyota Motor Corporation Tel: +81-3-3817-9926

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

    0 0

    Step WGN SPADA HYBRID G Honda SENSING
    TOKYO, Sep 28, 2017 - (JCN Newswire) - Honda Motor Co., Ltd. will begin sales of a newly refreshed Step WGN on Friday, September 29, 2017 at dealerships across Japan.

    The current version of Step WGN has been well-received by many customers especially for its functional cabin space and the revolutionary tailgate mechanism called the Waku Waku Gate ("Waku Waku" is a Japanese expression for "exciting"). Through this minor model change, the Step WGN SPADA received a new exterior look and hybrid types equipped with the Honda Sport Hybrid i-MMD(1) two-motor hybrid system have been added to the SPADA lineup. Moreover, all types of the Step WGN Series now feature the Honda SENSING(2) suite of advanced safety and driver-assistive technologies as standard equipment(3), further enhancing the lineup of functional features of Step WGN models.

    http://www.acnnewswire.com/topimg/Low_HondaWGNSPADAHYBRID.jpg
    Step WGN SPADA HYBRID G Honda SENSING

    Sales plan (in Japan, monthly): 5,000 units

    Key changes:

    Renewed exterior design of Step WGN SPADA
    - Newly-adopted LED head lights express increased sharpness and a front grille designed exclusively for this model expresses an enhanced sense of presence. With these new items, a stylish and dynamic front mask was perfected to further highlight SPADA's unique characteristics.
    - Moreover, in consideration of aerodynamics, the form of the tailgate spoiler was modified, which led to the evolution of exterior design in a more sporty direction.

    Hybrid types added to the Step WGN SPADA lineup
    - Hybrid types equipped with the Honda Sport Hybrid i-MMD two-motor hybrid system are now available for the Step WGN SPADA. These hybrid types realize both high-quality and powerful driving performance together with top-in-class level(4) fuel economy of 25.0 km/L (JC08 mode(5)). Moreover, for the first time among Honda automobiles, SPADA's fuel economy was certified under the Worldwide-Harmonized Light Vehicles Test Cycle (WLTC) mode(6), measured at 20.0 km/L.
    - Exclusively-tuned suspensions were adopted for all hybrid types, and performance dampers(7) were adopted for the highest grade hybrid type to balance the occupant comfort and driving stability at a high level.

    Enhanced functions of Honda SENSING, advanced safety and driver-assistive technologies
    - With adoption of the Pedestrian Collision Mitigation Steering function, all eight basic functions(8) of Honda SENSING are now available for all types as standard equipment.
    - Honda SENSING supports safer driving, peace of mind and frontal collision avoidance by alerting the driver through the use of millimeter-wave radar and a monocular camera, together with braking/steering control technologies.
    - Hybrid types feature Adaptive Cruise Control (ACC) with Low-Speed Follow (LSF). By expanding its range of operation to 0 km/h, the system will reduce the burden on the driver while driving on congested highways.
    - All types of Step WGN SPADA and Modulo X qualify for the "Safety Support Car S - Wide" and all other types of Step WGN qualify as "Safety Support Car S - Basic+" promoted by the Japanese government.

    (1) i-MMD: Intelligent Multi Mode Drive
    (2) There are limitations to the capabilities of each function (detecting capability or controlling capability) of Honda SENSING. Please do not overestimate the capabilities of each function and drive safely while always paying close attention to the surroundings. For more details, please visit Honda SENSING website: http://world.honda.com
    (3) A version without Honda SENSING is also available for some types.
    (4) Internal research by Honda (as of September 2017), 1.5L-2.0L class, 7/8-seater minivan models with the vehicle height more than 1,800 mm
    (5) Tested by the Ministry of Land, Infrastructure, Transport and Tourism in Japan
    (6) WLTC (the Worldwide harmonized Light vehicles Test Cycles) mode is an international driving mode which consists of three different driving modes -- city driving, suburban area driving and highway driving - allocated proportionally to average driving time in each mode. Fuel economy was tested by the Ministry of Land, Infrastructure, Transport and Tourism in Japan.
    (7) Step WGN SPADA HYBRID G EX Honda SENSING features performance dampers
    (8) Eight basic functions of Honda SENSING are Collision Mitigation Braking System (CMBS), False Start Prevention, Pedestrian Collision Mitigation Steering System, Road Departure Mitigation (RDM) System, Adaptive Cruise Control (ACC), Lane Keeping Assist System (LKAS), Lead Car Departure Notification System and Traffic Sign Recognition.

    About Honda

    Honda Motor Co., Ltd. (TSE:7267/NYSE:HMC/LSE:HNDA) is one of the leading manufacturers of automobiles and power products and the largest manufacture of motorcycles in the world. Honda has always sought to provide genuine satisfaction to people worldwide. The result is more than 120 manufacturing facilities in 30 countries worldwide, producing a wide range of products, including motorcycles, ATVs, generators, marine engines, lawn and garden equipment and automobiles that bring the company into contact with over 19 million customers annually. For more information, please visit http://world.honda.com.

    Contact:
    Honda Media Inquiries corporate_pr@hm.honda.co.jp +81-3-5412-1512

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

    0 0

    TOKYO, Sep 28, 2017 - (JCN Newswire) - Honda Motor Co., Ltd. today announced a summary of automobile production, Japan domestic sales, and export results for the month of August 2017.

    Worldwide Production
    http://www.acnnewswire.com/topimg/Low_Honda92817WProd.jpg

    Production Outside of Japan
    http://www.acnnewswire.com/topimg/Low_Honda92817ProdOut.jpg

    Production in Japan for the month of August 2017 experienced a year-on-year increase for the first time in two months (since June 2017).

    Production in regions outside of Japan experienced a year-on-year increase for the fourth consecutive month (since May 2017), setting record high production for the month of August. This includes record high production for the month of August in Asia and China.

    Worldwide production experienced a year-on-year increase for the fourth consecutive month (since May 2017), also setting record high production for the month of August.

    Sales in the Japanese Market
    http://www.acnnewswire.com/topimg/Low_Honda92817SalesJap.jpg

    Total domestic automobile sales in the Japanese market for the month of August 2017 experienced a year-on-year increase for the second consecutive month (since July 2017).

    New vehicle registrations experienced a year-on-year increase for the second consecutive month (since July 2017).

    Sales of mini-vehicles experienced a year-on-year decrease for the first time in four months (since April 2017).

    Vehicle registrations - excluding mini-vehicles
    FIT was the industry's fourth best-selling car among new vehicle registrations for the month of August 2017 with sales of 7,705 units. FREED was the industry's sixth best-selling car with sales of 6,557 units.

    Mini-vehicles - under 660cc
    N-BOX was the industry's second best-selling car in the mini-vehicle category for the month of August 2017 with sales of 10,080 units. N-WGN was the industry's ninth best-selling car with sales of 4,658 units.

    Exports from Japan
    http://www.acnnewswire.com/topimg/Low_Honda92817ExportsJap.jpg

    Total exports from Japan in August 2017 experienced a year-on-year decrease for the third consecutive month (since June 2017).

    About Honda

    Honda Motor Co., Ltd. (TSE:7267/NYSE:HMC/LSE:HNDA) is one of the leading manufacturers of automobiles and power products and the largest manufacture of motorcycles in the world. Honda has always sought to provide genuine satisfaction to people worldwide. The result is more than 120 manufacturing facilities in 30 countries worldwide, producing a wide range of products, including motorcycles, ATVs, generators, marine engines, lawn and garden equipment and automobiles that bring the company into contact with over 19 million customers annually. For more information, please visit http://world.honda.com.

    Contact:
    Honda Media Inquiries corporate_pr@hm.honda.co.jp +81-3-5412-1512

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

    0 0

    TOKYO, Sep 28, 2017 - (JCN Newswire) - Summary : August 2017

    Domestic Production
    - Third consecutive monthly year-on-year increase since May, 2017 (127.5% year-on-year)

    Overseas Production
    - Third consecutive monthly year-on-year increase since May, 2017 (152.7% year-on-year)

    Total Production
    - Third consecutive monthly year-on-year increase since May, 2017 (140.3% year-on-year)

    Domestic Sales
    - Fourth consecutive monthly year-on-year increase since April, 2017 (118.5% year-on-year)

    Exports
    - Sixteenth consecutive monthly year-on-year decrease since April, 2016 (97.9% year-on-year)
    Supplemental Information

    Overseas Production
    - Asia (48,013 units : 152.1% year-on-year)

    Exports
    - Asia (707 units : 43.8% year-on-year)
    - North America (4,149 units : 55.9% year-on-year)
    - Europe (7,994 units : 93.9% year-on-year)

    About Mitsubishi Motors

    Mitsubishi Motors Corporation is the fifth largest automaker in Japan and the fifteenth largest in the world by global unit sales. It is part of the Mitsubishi keiretsu, formerly the biggest industrial group in Japan, and was formed in 1970 from the automotive division of Mitsubishi Heavy Industries.

    Throughout its history it has courted alliances with foreign partners, a strategy pioneered by their first president Tomio Kubo to encourage expansion, and continued by his successors. A significant stake was sold to Chrysler Corporation in 1971 which it held for 22 years, while DaimlerChrysler was a controlling shareholder between 2000 and 2005. Long term joint manufacturing and technology licencing deals with the Hyundai Motor Company in South Korea and Proton in Malaysia were also forged, while in Europe the company co-owned the largest automobile manufacturing plant in the Netherlands with Volvo for ten years in the 1990s, before taking sole ownership in 2001.

    Contact:
    Mitsubishi Motors Public Relations Department http://www.mitsubishi-motors.com +81-3-6852-4275

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

    0 0

    Distribution transformers manufactured by Hitachi SEM
    TOKYO, Sep 28, 2017 - (JCN Newswire) - Hitachi Soe Electric & Machinery Co., Ltd. (Hitachi SEM) - a subsidiary of Hitachi Industrial Equipment Systems Co., Ltd. (HIES) in the Republic of the Union of Myanmar - has received orders for the delivery of approximately 5,400 distribution transformers from the Myanmar Ministry of Electricity and Energy. The total amount of the orders is equivalent to approximately $15 million.

    http://www.acnnewswire.com/topimg/Low_Hitachi92817SEM.jpg
    Distribution transformers manufactured by Hitachi SEM

    Demand for electric power in Myanmar has been increasing rapidly because of economic development in recent years, and the establishment of power infrastructure to support this demand is now a major issue. The Myanmar government has set itself the medium- to long-term goal of increasing its electrification ratio, from the current level of 37% (in 2016) to 100% by 2030. As one aspect of this initiative, in September 2015, the government formulated "Myanmar National Electrification Project (NEP)"; a plan which aims to achieve electricity supply to every household in Myanmar through the establishment of a nationwide power distribution grid, with funding from the World Bank.

    On this occasion, the first formal bidding in relation to equipment for the NEP was conducted, and Hitachi SEM successfully received orders for the delivery of approximately 5,400 distribution transformers. Hitachi SEM will commence sequential supply of the transformers from October 2017, contributing to the achievement of the plan to increase the nationwide electrification ratio in Myanmar to around 50% by 2020.

    Moving forward, Hitachi SEM will continue to support the stable supply of electrical power in Myanmar through the design, manufacture, sales, installation and maintenance of power transmission and distribution devices, with a primary focus on power and distribution transformers.

    About Hitachi Industrial Equipment Systems Co,. Ltd.

    Hitachi Industrial Equipment Systems Co,.Ltd. headquarted in Tokyo, Japan, is a subsidiary of Hitachi, Ltd., and is engaged in the manufacturing, sales and services of industrial components and equipments. The company offers various industrial products including motors, factory automation/control systems, wind/water systems, pneumatic systems, power distribution, environmental systems and labor-saving systems. For more information, visit http://www.hitachi-ies.co.jp/english.

    About Hitachi, Ltd.

    Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society's challenges with our talented team and proven experience in global markets. The company's consolidated revenues for fiscal 2014 (ended March 31, 2015) totaled 9,761 billion yen ($81.3 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes power & infrastructure systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information on Hitachi, please visit the company's website at www.hitachi.com.

    Contact:
    Hitachi Ltd Corporate Communications Tel: +81-3-3258-1111

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

    0 0

    TOKYO, Sep 28, 2017 - (ACN Newswire) - JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., (referred to below as "JCB") and ICCREA Banca S.p.A. (ICCREA) are proud to announce our partnership, aimed at strengthening acceptance of JCB cards in Italy, allowing both companies to focus on growing their businesses and sustaining customer satisfaction.

    The agreement will allow the acceptance of JCB cards at all ICCREA POS terminals and for all Italian merchants who are customers of ICCREA. The network will involve 106 million JCB cards and an incipient number of 70,000 POS terminals, which will gradually increase up to 150,000.

    This partnership will deliver two key outcomes: firstly, it will increase JCB's throughput in the Italian network, adding value to the card acceptance network and providing greater convenience for JCB cardmembers; secondly, it will contribute to the growth of ICCREA, giving further opportunities and options to its customers across the country.

    JCB and ICCREA are combining efforts in the ecommerce space, to ensure security standards are upheld, and will be partnering to ensure that J/Secure is utilized as its new payer authentication service.

    The agreement underlines the role of ICCREA Group as a focal point for the development of the services in cooperation with external partners, providing Banche di Credito Cooperativo (BCC) banks and their customers with a further resource for the needs of JCB cardmembers. According to the Italian Government Tourist Board, in 2015, Italy welcomed more than 1 million arrivals from Japan; moreover, Japanese tourists turned out to be the "top spenders" (in comparison to other global tourists), with an average daily disbursement on holiday of EUR 193.00. ( http://www.enit.it/en/studies-and-research.html )

    In previous years, the range of services JCB offers has grown and evolved, and so has its presence in the European market, providing customers with a safe and easy to use the payments system. Currently, JCB cards are accepted by the merchants worldwide*. Through the partnership with ICCREA, JCB will further develop the use and acceptance of cards in Italy by increasing its merchant base. The partnership also enhances brand visibility, for the benefit of customers.

    Mr. Tsuyoshi Notani, Managing Director, JCB International (Europe) Ltd., said, "Italy is one of the most frequently visited destinations for Asian and European tourists and so it is a key market for us. In order to respond to customer needs, JCB has made efforts to expand merchant network across Italy. We are glad to welcome ICCREA as a new JCB partner because ICCREA can provide nationwide acceptance through their BCC network in Italy. JCB cardmembers will benefit from wider acceptance which will bring more convenience".

    Mr. Leonardo Rubattu, Iccrea Banca S.p.A. CEO said, "We, at Iccrea Banca S.p.A., are very satisfied with the agreement reached with a prestigious partner like JCB. First of all because we improve the quality of services provided to the BCC banks on behalf of JCB cardmembers visiting our country for business or leisure reasons. And also because we can enrich services offered by ICCREA in the electronic-money field for the BCC banks and their customers. And, finally, we foresee that this agreement will let ICCREA, one of the best players in Italy for acquiring services, gain a greater market share, providing another important tool for our net of commercial businesses under agreement".

    About JCB

    JCB is a major global payment brand and a leading payment card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase merchant coverage and card member base. As a comprehensive payment solution provider, JCB commits to provide responsive and high-quality service and products to all customers worldwide. Currently, JCB cards are accepted globally and issued in 23 countries and territories. For more information, please visit: www.global.jcb/en/

    Note: Statistics about JCB are as of March 2017.

    About ICCREA

    The Iccrea banking Group gathers the companies that provide BCC banks with a competitive offer system, arranged for their 6 millions customers. Iccrea Banca S.p.A. is the parent company and controls the companies that provide goods and services for BCC banks and their customers: little and intermediate companies (Corporate segment) and families (Retail segment). Up to June 2017, in Italy we have 313 BCC and Rural banks. Up to March 2017 the branches are 4,315, the volume of deposits (banks, customers and bonds) was 195 billion EURO, while the economic lending reached 131,3 billion EURO: this amount grows up to 145,7 if we consider also the lending from second level banks (for an overall 7.9 % of market share). Lending to companies reaches 80,8 billion EURO: this amount grows up to 91,7 billion EURO if we consider also the financing paid out from second level banks (for an overall 10.6% of market share). Assets (share capital and reserves) are worth 19,7 billion EURO.

    Contact
    JCB International Co., Ltd.
    Kae Mitsuda
    Global Business Planning
    Tel: +81 3 5778 7963
    Email: jcbinternational-pr@info.jcb.co.jp

    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

    0 0

    Offering Total of 126,000,000 Shares;
    Price Set at HK$0.5 Per Offer Share

    HONG KONG, Sep 28, 2017 - (ACN Newswire) - Furniweb Holdings Limited ("Furniweb" or the "Company"), a long-established elastic textile and webbing manufacturer in Malaysia and Vietnam, announced today the details of the listing of its shares on the Growth Enterprise Market ("GEM") of The Stock Exchange of Hong Kong Limited ("HKEx").

    Furniweb plans to offer a total of 126,000,000 Shares, comprising 12,600,000 Public Offer Shares and 113,400,000 Placing Shares, at an Offer Price of HK$0.5 per Offer Share. The Public Offer will open at 9 am on Friday, 29 September 2017 and close at noon on Friday, 6 October 2017. The allotment results will be announced on Friday, 13 October 2017. Dealings in the Company's shares on GEM are expected to commence on Monday, 16 October 2017 under the stock code 8480. Shares of the Company will be traded in board lots of 4,000 shares each.

    Shenwan Hongyuan Capital (H.K.) Limited is the Sole Sponsor. Yuanta Securities (Hong Kong) Company Limited acts as the Sole Global Coordinator, Sole Bookrunner and Sole Lead Manager in relation to the Share Offer.

    Furniweb ranked No.1 in terms of market share in FY2016 amongst manufacturers of: 1) covered elastic yarn in Malaysia and Vietnam; 2) narrow elastic fabric in Vietnam; 3) furniture webbing in Malaysia and Vietnam and 4) seat belt webbing in Malaysia. It is principally engaged in the manufacturing of: 1) elastic textile comprising covered elastic yarn and narrow elastic fabric; 2) webbing comprising furniture webbing and seat belt webbing and 3) other products including rubber tape.

    During the Track Record Period, Furniweb recorded a steady growth in its business. For FY2015 and FY2016, its revenue was approximately RM$89.0 million and RM$97.9 million, respectively; its net profit excluding listing expenses was approximately RM$5.38 million and RM$9.07 million, respectively. Net profit margin excluding listing expenses was 6.1% and 9.3%, respectively.

    As at 19 September 2017, Furniweb had five production facilities in total, with three production facilities in Malaysia occupying an aggregate gross floor area of 195,227.0 sq.ft., and two production facilities in Vietnam occupying an aggregate gross floor area of 346,237 sq.ft.. Taking advantage of Vietnam's potential and business prospects such as the availability of labour at competitive costs and the introduction of favourable taxation environment for foreign investments, the Company is able to establish a scaled production capacity that allows the Company to serve customers of different operation scales.

    Capitalising on its know-how in weaving and knitting, Furniweb expanded its product range over the years and now offers a wide range of products comprising elastic textile, webbing products and other products including rubber tape. The Company's ability to offer a wide range of products enables itself to reduce reliance on any specific type of customer and industry, expand its customer network in different industries and countries, as well as create cross-selling opportunities.

    Over the years, the Company has accumulated a significant amount of experience and knowledge in developing customised products to satisfy customers' changing product specifications. Led by the Product Modification Department, the capability to cater customers' changing specification is instrumental in establishing its broad clientele and developing close and long-term business relationship with its customers on the one hand,whilst increasing the utilisation of machinery and reducing the risk of inventory obsolescence on the other hand.

    To maintain its competitive advantage, Furniweb places emphasis on the supply of products of high and consistent quality. To this end, the Company has established stringent quality control and operational measures to ensure the quality of products. In recognition of its quality management system, the Company has obtained the ISO 9001:2008, ISO14001:2015, ISO/TS16949:2009 and Oeko-Tex Standard 100.

    Moreover, Furniweb has a well-rounded leadership team with in-depth industry knowledge and experience. The Company is led by its founders and experienced senior management team, including Mr. Cheah Eng Chuan, one of the Co-founders, Executive Director & Chief Executive Officer, who is responsible for the overall corporate strategies, management and business development of the Company; Mr. Lee Sim Hak, one of the Co-founders and a member of senior management, who oversees the production function, and Mr. Ong Lock Hoo, one of the Co-founders and a member of senior management, who oversees the sales and marketing function, each having more than 30 years of experience in elastic textile and webbing industry. Other Directors and senior management of the Company, namely Dato' Lim Heen Peok, Non-executive Director & Chairman, Dato' Lua Choon Hann, Executive Director and Mr. Tan Chuan Dyi, Executive Director & Chief Operating Officer, are experienced in corporate development and operational and financial management and have contributed to the business development and corporate governance of the Company during the Track Record Period. The strong management team enables the Company to continue to explore new business opportunities and strengthen its position in the market leveraging its experience and dedication.

    Dato' Lim Heen Peok, Non-executive Director & Chairman of Furniweb says, "We are pleased to witness this significant milestone in the Company's history. Through our listing on GEM of the Hong Kong Stock Exchange, we will tap into the international capital markets, which will not only broaden our capital and shareholder base, but also provide us with capital to fund our expansion plan to continue strengthening our leading position in the industry and further enhancing our competitive advantages, thereby driving the Company's long-term development."

    Mr. Cheah Eng Chuan, Executive Director & Chief Executive Officer of Furniweb added, "We have been in the elastic textile and webbing manufacturing industry for more than 30 years and have established a solid customer base and a leading position in the industry. Looking forward, we are poised to take advantage of the favorable operating environment with our strengths in providing high and consistent quality products through quality control measures, along with our proven track record and established long-standing relationships with our major customers. With the proceeds from the Share Offer, we will further strengthen our production capacity in elastic textile and seat belt webbing, expanding the applications of narrow elastic fabric to sportswear and exporting seat belt webbing to the new market. With our competitive edges and business plans in place, we are well-positioned to benefit from the enormous market opportunities."

    For further enquiries, please contact Frement Financial Relations Limited:

    Betty Dong
    Tel: (852) 2890 8262
    Mob: (852) 9666 8657
    Email: betty@frement.com


    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

    0 0

    Virginie Duperat-Vergne
    AMSTERDAM, Sep 29, 2017 - (ACN Newswire) - Gemalto (Euronext NL0000400653 - GTO), leader in digital security today announces that after 10 years of dedicated and exemplary service, Jacques Tierny, the Chief Financial Officer (CFO) of the Company, has decided to leave on December 31, 2017 to pursue other activities.

    On October 16, 2017, Virginie Duperat-Vergne will join Gemalto to become Company CFO on January 1, 2018. Virginie Duperat-Vergne will undergo an induction program and a transition period with Jacques Tierny in order to get to know the Company deeper and be ready for her new assignment.

    "Jacques has been a key contributor to Gemalto over the last 10 years, overseeing the development and the diversification of the Company. His remarkable expertise in Finance, his professionalism as well as his team spirit were instrumental during all these years of intense activity", said Philippe Vallee, CEO of Gemalto. "It has been a real honor and pleasure for me to contribute to the growth and the transformation of Gemalto over the last decade", said Jacques Tierny. Jacques will remain an active member of the Management team until the end of 2017, ensuring a smooth and successful transition with his successor.

    Virginie Duperat-Vergne, 42, is a seasoned Finance executive and was Group Deputy Chief Financial Officer and a member of the Senior Leadership Team at TechnipFMC. During the 7 years she spent there, she held various positions in the Group Finance team from Group Chief Accounting Officer to Group Controller and was deeply involved in the strategy development and overall execution of the recent Technip merger with FMC Technologies. She started her career in 1997 as an external auditor and spent more than 10 years at Arthur Andersen, then Ernst & Young (now EY) before joining Canal + Group as Compliance Officer for Accounting Standards. Virginie holds a master's degree in management from Toulouse Business School. "Virginie brings an impressive experience to Gemalto. She will contribute significantly to the on-going transformation of the Company and the new challenges that come with it. I look forward to working with Virginie", said Philippe Vallee, CEO of Gemalto.

    Gemalto is very happy to welcome Virginie as the future Company CFO. We warmly thank Jacques for his engagement, his integrity and all that he has done for Gemalto during his tenure as CFO and we wish him the very best for his new life.

    Investor Relations
    Winston Yeo
    M.: +33 6 2947 0814
    winston.yeo@gemalto.com

    Jean-Claude Deturche
    M.: +33 6 2399 2141
    jean-claude.deturche@gemalto.com

    Sebastien Liagre
    M.: +33 6 1751 4467
    sebastien.liagre@gemalto.com

    Corporate Communication
    Isabelle Marand
    M.: +33 6 1489 1817
    isabelle.marand@gemalto.com

    Media Relations Agency
    Suzanne Bakker
    M.: +31 6 1136 8659
    suzanne.bakker@citigateff.nl

    This press release contains inside information as referred to in article 7 paragraph 1 of Regulation (EU) 596/2014 (Market Abuse Regulation).

    About Gemalto

    Gemalto (Euronext NL0000400653 GTO) is the global leader in digital security, with 2016 annual revenues of EUR 3.1 billion and customers in over 180 countries. We bring trust to an increasingly connected world.

    From secure software to biometrics and encryption, our technologies and services enable businesses and governments to authenticate identities and protect data so they stay safe and enable services in personal devices, connected objects, the cloud and in between.

    Gemalto's solutions are at the heart of modern life, from payment to enterprise security and the internet of things. We authenticate people, transactions and objects, encrypt data and create value for software - enabling our clients to deliver secure digital services for billions of individuals and things.

    Our 15,000+ employees operate out of 112 offices, 43 personalization and data centers, and 30 research and software development centers located in 48 countries.

    For more information visit www.gemalto.com, or follow @gemalto on Twitter.

    Press release (PDF): http://hugin.info/159293/R/2137744/818252.pdf
    Virginie Duperat-Vergne-Photo: http://hugin.info/159293/R/2137744/818254.jpg

    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

    0 0

    - Multi-arm trial targets sub-population of advanced lung, and head and neck cancer patients
    - Medium term objective is to transform non-responders into checkpoint inhibitor responders while improving patient benefits
    - Trial aims to evaluate the ability of NBTXR3 to generate an abscopal effect
    - Expands the potential for NBTXR3, including recurrent or metastatic disease
    - Trial should start with combining NBTXR3 with any approved checkpoint inhibitors in head and neck squamous cell carcinoma or non-small cell lung cancer

    Paris, France and Cambridge, Massachusetts, USA, Sep 29, 2017 - (ACN Newswire) - NANOBIOTIX (Euronext: NANO - ISIN: FR0011341205), a late clinical-stage nanomedicine company pioneering new approaches to the treatment of cancer, announced today its intention to start a new trial in the company's immuno-oncology (IO) program. The trial is aimed at expanding the potential of NBTXR3 to recurrent and metastatic disease.

    The trial would target recurrent head and neck, and metastatic lung cancer patients. Studies indicate that the vast majority of oncology patients do not respond to checkpoint inhibitors.

    Nanobiotix's plan for this U.S.-based trial is to evaluate its lead product, NBTXR3, in combination with immune checkpoint inhibitors, with the aim of unlocking their vast potential to convert refractory patients into responders.

    Elsa Borghi, Nanobiotix's Chief Medical Officer commented: "The immunomodulatory effects of NBTXR3 have the potential to transform non-responders into responders. This approach could be practice-changing, as it addresses unmet medical needs through directed tumor in situ vaccination."

    For the past decade, there has been excitement around immuno-oncology agents' capacity to boost the immune system's response, priming it for an active attack against tumor cells. The response to checkpoint inhibitors in so-called "hot" tumors, infiltrated by T-cells and characterized by an inflammatory profile, has been striking with long-lasting clinical benefits in many cancer patients.

    However, many tumors exhibit little or no response to therapies targeting the immune system and are considered "cold", due to a lack of immunogenicity.

    According to published data, only 15 to 20% of non-small-cell lung cancer patients (NSCLC), and 13 to 22% of head and neck squamous cell carcinoma patients (NHSCC) respond to immunotherapy treatments.

    Moreover, treatment using checkpoint inhibitors is generally not effective against all tumor types ("cold" tumors devoid of T-cell saturation, PD-1/PDL-1 blockage cannot drive an anti-cancer response).

    The physical mode of action and subsequent cell death generated by NBTXR3 induce a different immunogenicity compared to radiotherapy and chemotherapy. This could be the key to significantly increasing the number of cancer patients who can benefit from immuno-oncology strategies.

    As Nanobiotix reported earlier this year at ASCO 2017, NBTXR3 activated by radiotherapy was shown to induce a specific adaptive immune pattern that could potentially convert a non-responder into an immune-responsive patient receptive to treatment with checkpoint inhibitors.

    On top of NBTXR3's core developments as a single agent across seven oncology indications, Nanobiotix's Immuno-Oncology combination program opens the door to new developments, potential new indications, and important value creation opportunities.

    About Nanobiotix's immuno-oncology research program

    Many IO combination strategies focus on 'priming' the tumor, which is now becoming a prerequisite of turning a "cold" tumor into a "hot" tumor.

    Compared to other modalities that could be used for priming the tumor, NBTXR3 could have a number of advantages: the physical and universal mode of action that could be used widely across oncology, the one-time local injection and good fit within existing medical practice already used as a basis for cancer treatment, as well as a very good chronic safety profile and well-established manufacturing process.

    After 18 months of development, the Company presented preclinical proof of concept demonstrating that NBTXR3 actively stimulates the host immune system to attack tumor cells.

    Recently, Nanobiotix presented new translational data. Taken together, these non-clinical and preliminary clinical results confirm that NBTXR3 plus radiotherapy could efficiently prime an adaptive antitumor immune response, turning "cold" tumors in "hot" tumors. Additionally, these results suggest that the physically-induced response and subsequent immune activation triggered by the NBTXR3 treatment could be generic. Results suggests that NBTXR3 with radiotherapy could transform tumors into an effective in situ vaccine, opening up very promising perspectives in the treatment of local cancer and metastases.

    The new clinical data and previous pre-clinical data indicate that NBTXR3 could play a key role in oncology and could become a backbone of immuno-oncology.

    On top of the Company's core development activities, these findings could open new collaborations for NBTXR3 through combinations with other immuno-oncology drugs.

    About NANOBIOTIX: www.nanobiotix.com

    Nanobiotix (Euronext: NANO / ISIN: FR0011341205) is a late clinical-stage nanomedicine company pioneering novel approaches for the treatment of cancer. The Company's first-in-class, proprietary technology, NanoXray, enhances radiotherapy energy with a view to providing a new, more efficient treatment for cancer patients.

    NanoXray products are compatible with current radiotherapy treatments and are meant to treat potentially a wide variety of solid tumors including soft tissue sarcoma, head and neck cancers, liver cancers, prostate cancer, breast cancer, glioblastoma, etc., via multiple routes of administration.

    NBTXR3 is being evaluated in: soft tissue sarcoma (STS), head and neck cancers, prostate cancer, and liver cancers (primary and metastases). Additionally, head and neck cancer and rectal cancer trials led by Nanobiotix's Taiwanese partner, PharmaEngine, are underway in the Asia Pacific region. The Company filed in August 2016 for market approval (CE Marking) in Europe for its lead product NBTXR3.

    In 2016 the Company started a new preclinical research program in Immuno-oncology with its lead product NBTXR3, which could have the potential to bring a new dimension to cancer immunotherapies.

    Nanobiotix is listed on the regulated market of Euronext in Paris (ISIN: FR0011341205, Euronext ticker: NANO, Bloomberg: NANO: FP). The Company's Headquarters is based in Paris, France, with a U.S. affiliate in Cambridge, MA.

    Contact

    Nanobiotix
    Sarah Gaubert
    Director, Communications & Public Affairs
    +33 (0)1 40 26 07 55
    sarah.gaubert@nanobiotix.com / contact@nanobiotix.com

    Noel Kurdi
    Director, Investor Relations
    +1 (646) 241-4400
    noel.kurdi@nanobiotix.com / investors@nanobiotix.com

    Media relations
    France - Springbok Consultants
    Marina Rosoff
    +33 (0)6 71 58 00 34
    marina@springbok.fr

    United States - RooneyPartners
    Marion Janic
    +1 (212) 223-4017
    mjanic@rooneyco.com

    Disclaimer

    This press release contains certain forward-looking statements concerning Nanobiotix and its business. Such forward-looking statements are based on assumptions that Nanobiotix considers to be reasonable. However, there can be no assurance that the estimates contained in such forward-looking statements will be verified, which estimates are subject to numerous risks including the risks set forth in the reference document of Nanobiotix filed with the French Financial Markets Authority (Autorite des Marches Financiers) under number D.17-0470 on April 28, 2017 (a copy of which is available on www.nanobiotix.com) and to the development of economic conditions, financial markets and the markets in which Nanobiotix operates. The forward-looking statements contained in this press release are also subject to risks not yet known to Nanobiotix or not currently considered material by Nanobiotix. The occurrence of all or part of such risks could cause actual results, financial conditions, performance or achievements of Nanobiotix to be materially different from such forward-looking statements.

    This press release and the information that it contains do not constitute an offer to sell or subscribe for, or a solicitation of an offer to purchase or subscribe for, Nanobiotix shares in any country. At the moment NBTXR3 does not bear a CE mark and is not permitted to be placed on the market or put into service until NBTXR3 has obtained a CE mark.

    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

    0 0

    Share Offer of 250,000,000 Shares;
    Offer Price Ranges from HK$0.20 to HK$0.24 per Share

    HONG KONG, Sep 29, 2017 - (ACN Newswire) - Satu Holdings Limited ("Satu Holdings" or the "Group"), which principally engages in the design, development and production management of a wide variety of homeware products, today announced the details of the proposed listing of its shares (the "Listing") on the Growth Enterprise Market ("GEM") of The Stock Exchange of Hong Kong Limited ("SEHK").

    Offering Details

    Satu Holdings is offering 250,000,000 Shares at the Offer Price, of which 90% are for Placing Shares, the rest of approximately 10% are under Public Offer. The estimated net proceeds from the Public Offering, assuming an Offer Price of HK$0.22, being the mid-point of the indicative Offer Price range of HK$0.20 to HK$0.24, are expected to be approximately HK$32.0 million.

    The Hong Kong Public Offering commenced at 9:00 a.m. today (29 September 2017), and will close at 12:00 noon on 6 October 2017 (Friday). The final Offer Price and the basis of allocation are expected to be announced on 13 October 2017 (Friday). Dealings in the Shares on the SEHK will commence at 9:00 a.m. on 16 October 2017 (Monday) under the stock code 8392. The Shares will be traded in board lots of 10,000 Shares.

    Sunfund Capital Limited is the Sole Sponsor. Emperor Securities Limited is the Sole Bookrunner and Lead Manager and Sunfund Securities Limited is the Co-Lead Manager.

    Investment Highlights

    Well-established relationships with major customers

    Since 2002, the Group has targeted overseas customers and from 2006 onwards, the Group has built a diverse global customer portfolio comprising international brand owners and licensee, chain supermarkets and renowned department stores such as Kahler Design A/S. During the Track Record Period, most of its homeware products were exported overseas with shipment destinations in more than 25 countries, including U.K., Denmark, Germany, Australia, France, Poland, Italy and U.S..

    As at 31 March 2017, the Group has sustained business relationships with its five largest customers for a period ranging from approximately two to over 10 years. Such well-established relationships were built up by comprehensive services including: (i) product design and development, (ii) stringent quality control, (iii) stable delivery of high quality products, and (iv) timely completion of customers' orders.

    Moreover, another major strength of the Group would be its efficient and effective communication with customers, which has assisted the Group in securing long established relationships. The Group's sales and marketing team is responsible for coordinating and maintaining an effective communication channel between overseas customers and the third party factories in the PRC. Such communication allows the Group to better understand the needs and requirements of its customers which enables stable orders from its customers.

    Strong and established product design and development capabilities

    The Group offers a diverse product portfolio, including home decorations, bathroom accessories and kitchenware and tableware. It launches new seasonal collections twice per annum for homeware products in order to catch up with the seasonal trends. During the Track Record Period, the Group has successfully launched over 60 series of homeware products, which in aggregate include over 1,500 pieces of homeware products with various colours, sizes, shapes and features.

    The Group continuously seeks to identify new product trends and applications to cater to the latest market trends. Its product design and development team also works with third party factories, sales and marketing team and customers to fine-tune designs to suit the tastes of end customers and the feasibility of production.

    Streamlined business model and stringent quality control measures throughout the production processes

    The Group engages third party factories to undertake the production processes. By outsourcing the production processes, the Group can focus its resources on product design, development of production technologies, quality control as well as customer sales and services and supply products in stylish design and at good quality.

    The Group places emphasis on product quality by implementing comprehensive quality control and production control. The production and quality control processes are carried out by its quality assurance team to oversee the quality control of products by regularly visiting the third party factories and conducting product inspections. The quality assurance team also meets regularly with customers and the third party factories to review the possibilities of further quality enhancement.

    Growth Strategies

    Moving forward, the Group will continue to enhance its presence and expand market share in the global homeware products industry. Leveraging its market presence, the Group plans to broaden its customer base and attract new international brand owners and licensees in order to diversify revenue sources and increase market share. Hence, the Group plans to improve its existing office and showroom in Shenzhen, the PRC and also establish one liaison office with showroom in Europe and one liaison office in U.S., with which to provide prompt response to customers' needs and explore potential customers.

    Additionally, the Group plans to continue improving its design capabilities and skills by providing trainings and further enhance the design technology for development of products. In order to do so, the Group plans to upgrade the existing design software and purchase new design software as well as to acquire advance design hardware to facilitate new product development. The Group is launching its own e-commerce platform by the end of 2017, on which the existing and potential customers can obtain more information about the Group's brand and products, keep posted of new product series, and place purchase orders. Such self-operated e-commerce platform is expected to enhance brand recognition, corporate image and reputation.

    The Group intends to set up a quality control laboratory at its largest third party factory to perform product testing, which administrative cost and time required for transporting and transferring the samples to the quality control laboratory can be greatly reduced. With the establishment of the quality control laboratory, not only it can perform quality control testings against the products developed by the Group directly during the process of product design and development, it can also enhance the quality of products, expand the Group's operation scale, as well as assisting the Group in meeting requirements of potential customers who require suppliers to have their own quality control laboratories for conducting product testing, thus increasing chance in sourcing new customers and broadening the Group's customer base.

    Financial Highlights

    HK$'000                 Year ended 31 Mar 2016           Year ended 31 Mar 2017
    Revenue                        85,669                            65,224
    Gross profit                   27,644                            25,732
    Gross profit margin            32.3%                             39.5%
    Profit for the year            9,306                             10,336
    Net profit margin              10.9%                             15.8%
    

    Use of Net Proceeds

    Assuming an Offer Price per Offer Share of HK$0.22 (being the mid-point of the indicative Offer Price range), the estimated net proceeds are expected to be approximately HK$32.0 million, intended to be applied for the following purposes:

    Uses / Percentage
    - Broaden the existing customer base, increasing the Group's market share in the existing target markets and expanding into new markets: 42.2%
    - Enhance brand recognition and awareness and promote corporate reputation: 20.0%
    - Enhance design and development capabilities: 15.0%
    - Enhance quality assurance capabilities: 15.0%
    - Provide funding for working capital and other general corporate purposes: 7.8%
    Total: 100%


    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

    0 0

    - Visitors Will Experience the MRJ's Cutting-edge Technologies -

    TOKYO, Sep 29, 2017 - (JCN Newswire) - On November 30 Mitsubishi Heavy Industries, Ltd. (MHI) will hold the grand opening of the "MRJ MUSEUM," an exhibition venue dedicated to the MRJ (Mitsubishi Regional Jet), Japan's first passenger jet currently under development applying the full resources of the MHI Group. The new museum is to be located within the MRJ's Final Assembly Hangar (Toyoyama-cho, Nishikasugai-gun, Aichi) at MHI's Nagoya Aerospace Systems Works, the core base for the new aircraft's development and manufacture. Starting November 30, the MRJ MUSEUM will be made accessible to the general public as a facility where they can experience the cutting-edge technologies being incorporated into the MRJ. All visitors will be required to make reservations in advance, with bookings to be accepted starting in late October.

    The MRJ MUSEUM will be an exhibition space created on the fifth floor (area: approx. 1,150m2) of the MRJ's Final Assembly Hangar, a new factory located next to an existing facility at the Komaki South Plant. Here, visitors will see full-size mock-ups of the MRJ's fuselage, engines, etc., enabling them to get a true sense of the scale of the new jet. They will also be able to view the MRJ's actual manufacturing process, on the second floor.

    In the display zone devoted to the MRJ's technical development, a real-size flight deck and passenger cabin will enable visitors to learn how the new aircraft was designed for operating ease and flying comfort, with Japanese-style design features incorporated throughout. A state-of-the-art video presentation will introduce the cutting-edge technologies adopted in the MRJ: for example, its aerodynamic design based on basic aircraft principles, computational fluid dynamics (CFD), and its next-generation GTF ("Geared TurbofanTM") engines offering industry-leading fuel efficiency and emissions and noise reduction.

    In the zone dedicated to production features, through use of virtual reality and hands-on access to the actual parts and materials used in the MRJ, visitors will gain an appreciation of the aircraft's superior reliability and safety backed by supreme quality control.

    Aichi, along with Gifu, forms the core of what the Japanese Government has designated the "Special Zone to Create Asia's No.1 Aerospace Industry Cluster." In response, the area around Nagoya Airport, home to MHI's Komaki South Plant, is now proactively working to attract businesses relating to the aircraft industry as well as cultural and exhibition facilities. The MRJ MUSEUM constitutes one response to this initiative, and in tandem with the "Aichi Museum of Flight" simultaneously opening nearby, the new facility will give a great boost to the movement to concentrate Chubu, central part of Japan's aerospace industry cluster in this region.
    With the opening of the MRJ MUSEUM to the general public, the MHI Group will make important contributions to regional development, furtherance of the aviation industry, education and human resources development.

    About Mitsubishi Heavy Industries, Ltd.

    Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, is one of the world's leading industrial firms with 80,000 group employees and annual consolidated revenues of around 38 billion U.S. dollars. For more than 130 years, the company has channeled big thinking into innovative and integrated solutions that move the world forward. MHI owns a unique business portfolio covering land, sea, sky and even space. MHI delivers innovative and integrated solutions across a wide range of industries from commercial aviation and transportation to power plants and gas turbines, and from machinery and infrastructure to integrated defense and space systems.
    For more information, please visit the MHI Group website: http://www.mhi-global.com.
    For Technology, Trends and Tangents, visit MHI's new online media SPECTRA: http://spectra.mhi.com.

    Contact:
    Joseph Hood, PR Manager Mitsubishi Heavy Industries, Ltd. Email: mhi-pr@mhi.co.jp Tel: +81-(0)3-6716-2168 Fax: +81-(0)3-6716-5860

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

    0 0

    - Results of Subpopulation Analysis of Patients From Greater Chinese Region (Mainland China, Hong Kong, and Taiwan) -

    TOKYO, Sep 29, 2017 - (JCN Newswire) - Eisai Co., Ltd. has announced that the results of a subpopulation analysis of patients from the Greater Chinese Region (mainland China, Hong Kong, and Taiwan) in a Phase III trial (REFLECT / Study 304)(1) of its in-house discovered and developed anticancer agent lenvatinib mesylate (product names: Lenvima / Kisplyx, "lenvatinib") versus sorafenib as a first-line treatment for unresectable hepatocellular carcinoma (HCC) were orally presented for the first time during the 20th Annual Meeting of the Chinese Society of Clinical Oncology (CSCO), which took place in Xiamen (Amoy) in the Fujian Province of China. Over half of the world's HCC patients come from the Greater Chinese Region.

    In the subpopulation analysis, lenvatinib demonstrated efficacy based on extension of Overall Survival (OS) compared to sorafenib (nominal P = 0.026), with improvements also observed in Progression Free Survival (PFS), Time to Progression (TTP) and Objective Response Rate (ORR) (see table below). Approximately 80% of patients in the subpopulation were suffering from HCC resulting from chronic hepatitis B virus (HBV). For these patients, median OS in the lenvatinib group (123 patients) was 14.9 months, compared to 9.9 months in the sorafenib group (119 patients) (Hazard Ratio (HR) 0.72, 95% Confidence Interval (CI) = 0.53-0.97). These findings are consistent with the overall results of the Greater Chinese Region subpopulation. HBV is considered to be a negative predictor of tumor response to existing drug therapies. However, this data supports the effect of lenvatinib in patients with HCC resulting from HBV. Since there are many patients suffering from HCC resulting from HBV in the Greater Chinese Region, lenvatinib is expected to be a new treatment option for HCC patients in this area.

    Liver cancer is the second leading cause of cancer related deaths and is estimated to be responsible for approximately 750,000 deaths per year globally. Additionally, approximately 780,000 cases are newly diagnosed each year, about 80% of which occur in Asian regions. Specifically, in China, there are approximately 395,000 new cases and 380,000 deaths per year, accounting for approximately 50% of cases worldwide.(2) HCC accounts for 85% to 90% of primary liver cancer cases. Treatment options for unresectable HCC are limited and the prognosis is very poor, making this an area of high unmet medical need.

    Following submissions in Japan (June 2017), the United States and Europe (July 2017), Eisai will submit a regulatory application for lenvatinib in HCC in China within the latter half of fiscal 2017. Eisai remains committed to generating scientific evidence aimed at maximizing the value of lenvatinib as it seeks to contribute further to addressing the diverse needs of, and increasing the benefits provided to, patients with cancer, their families, and healthcare providers.

    About lenvatinib mesylate (generic name, "lenvatinib", product name: Lenvima / Kisplyx)

    Discovered and developed in-house, lenvatinib is an orally administered multiple receptor tyrosine kinase (RTK) inhibitor with a novel binding mode that selectively inhibits the kinase activities of vascular endothelial growth factor (VEGF) receptors (VEGFR1, VEGFR2 and VEGFR3) and fibroblast growth factor (FGF) receptors (FGFR1, FGFR2, FGFR3 and FGFR4) in addition to other proangiogenic and oncogenic pathway-related RTKs (including the platelet-derived growth factor (PDGF) receptor PDGFRalpha; KIT; and RET) involved in tumor proliferation. Currently, Eisai has obtained approval for lenvatinib as a treatment for refractory thyroid cancer in over 50 countries, including the United States, Japan, and in Europe. Additionally, Eisai has obtained approval for lenvatinib in combination with everolimus in the United States, Europe, and other countries, as a treatment for renal cell carcinoma (second-line). In Europe, lenvatinib was launched under the brand name Kisplyx for this indication. A Phase III study of lenvatinib in separate combinations with everolimus and pembrolizumab in renal cell carcinoma (first-line) is underway. A Phase Ib/II study to investigate the agent in combination with pembrolizumab in select solid tumors (endometrial cancer, non-small cell lung cancer, renal cell carcinoma, urothelial cancer, head and neck cancer, and melanoma) is underway. Additionally, a Phase Ib study of the agent in hepatocellular carcinoma is also underway.

    About analysis of Greater Chinese Region subpopulation in REFLECT study

    The results presented were based on a subpopulation analysis of 288 patients from the Greater Chinese Region (mainland China: 213, Hong Kong: 21, Taiwan: 54) out of the 954 HCC patients that participated in the REFLECT study. The subpopulation analysis revealed the following results: OS (lenvatinib 15.0 months versus sorafenib 10.2 months in median, HR 0.73, 95% CI = 0.55-0.96, nominal P=0.026), PFS (lenvatinib 9.2 months versus sorafenib 3.6 months in median, HR 0.55, 95% CI = 0.42-0.72, nominal P=0.00001), TTP (lenvatinib 11.0 months versus sorafenib 3.7 months in median, HR 0.53, 95% CI = 0.40-0.71, nominal P=0.00001) and ORR (lenvatinib 21.5% versus sorafenib 8.3%, odds ratio 3.17, 95% CI = 1.54-6.53, nominal P=0.0014). Additionally, of the 288 patients in the subpopulation, approximately 80% (n = 231) were suffering from HCC resulting from HBV. An analysis of these patients revealed the following results: OS (lenvatinib [n = 123] 14.9 months versus sorafenib [n = 119] 9.9 months in median, HR 0.72, 95% CI = 0.53-0.97) and PFS (lenvatinib 9.2 months versus sorafenib 3.5 months in median, HR 0.52, 95% CI = 0.38-0.70). Additionally, lenvatinib's safety profile for the Greater Chinese Region subpopulation was consistent with previous studies.

    About lenvatinib mesylate (generic name, "lenvatinib", product name: Lenvima / Kisplyx)
    Discovered and developed in-house, lenvatinib is an orally administered multiple receptor tyrosine kinase (RTK) inhibitor with a novel binding mode that selectively inhibits the kinase activities of vascular endothelial growth factor (VEGF) receptors (VEGFR1, VEGFR2 and VEGFR3) and fibroblast growth factor (FGF) receptors (FGFR1, FGFR2, FGFR3 and FGFR4) in addition to other proangiogenic and oncogenic pathway-related RTKs (including the platelet-derived growth factor (PDGF) receptor PDGFRalpha; KIT; and RET) involved in tumor proliferation. Currently, Eisai has obtained approval for lenvatinib as a treatment for refractory thyroid cancer in over 50 countries, including the United States, Japan, and in Europe. Additionally, Eisai has obtained approval for lenvatinib in combination with everolimus in the United States, Europe, and other countries, as a treatment for renal cell carcinoma (second-line). In Europe, lenvatinib was launched under the brand name Kisplyx for this indication. A Phase III study of lenvatinib in separate combinations with everolimus and pembrolizumab in renal cell carcinoma (first-line) is underway. A Phase Ib/II study to investigate the agent in combination with pembrolizumab in select solid tumors (endometrial cancer, non-small cell lung cancer, renal cell carcinoma, urothelial cancer, head and neck cancer, and melanoma) is underway. Additionally, a Phase Ib study of the agent in hepatocellular carcinoma is also underway.

    About analysis of Greater Chinese Region subpopulation in REFLECT study

    The results presented were based on a subpopulation analysis of 288 patients from the Greater Chinese Region (mainland China: 213, Hong Kong: 21, Taiwan: 54) out of the 954 HCC patients that participated in the REFLECT study. The subpopulation analysis revealed the following results: OS (lenvatinib 15.0 months versus sorafenib 10.2 months in median, HR 0.73, 95% CI = 0.55-0.96, nominal P=0.026), PFS (lenvatinib 9.2 months versus sorafenib 3.6 months in median, HR 0.55, 95% CI = 0.42-0.72, nominal P=0.00001), TTP (lenvatinib 11.0 months versus sorafenib 3.7 months in median, HR 0.53, 95% CI = 0.40-0.71, nominal P=0.00001) and ORR (lenvatinib 21.5% versus sorafenib 8.3%, odds ratio 3.17, 95% CI = 1.54-6.53, nominal P=0.0014). Additionally, of the 288 patients in the subpopulation, approximately 80% (n = 231) were suffering from HCC resulting from HBV. An analysis of these patients revealed the following results: OS (lenvatinib [n = 123] 14.9 months versus sorafenib [n = 119] 9.9 months in median, HR 0.72, 95% CI = 0.53-0.97) and PFS (lenvatinib 9.2 months versus sorafenib 3.5 months in median, HR 0.52, 95% CI = 0.38-0.70). Additionally, lenvatinib's safety profile for the Greater Chinese Region subpopulation was consistent with previous studies.

    (1) Cheng A et al. "Phase 3 trial of lenvatinib vs sorafenib in first-line treatment of patients with unresectable hepatocellular carcinoma", the 53rd Annual Meeting of the American Society of Clinical Oncology (ASCO), (June 2017), Abstract No: 4001
    (2) GLOBOCAN2012: Estimated Cancer Incidence, Mortality and Prevalence Worldwide in 2012. http://globocan.iarc.fr/

    About Eisai

    Eisai Co., Ltd. (TSE:4523; ADR:ESALY) is a research-based human health care (hhc) company that discovers, develops and markets products throughout the world. Eisai focuses its efforts in three therapeutic areas: integrative neuroscience, including neurology and psychiatric medicines; integrative oncology, which encompasses oncotherapy and supportive-care treatments; and vascular/immunological reaction. Through a global network of research facilities, manufacturing sites and marketing subsidiaries, Eisai actively participates in all aspects of the worldwide healthcare system. For more information about Eisai Co., Ltd., please visit www.eisai.com.

    Contact:
    Public Relations Department, Eisai Co., Ltd. +81-3-3817-5120

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

    0 0

    HIROSHIMA, Japan, Sep 29, 2017 - (JCN Newswire) - Mazda Motor Corporation today published the Mazda Sustainability Report 2017(1) in Japanese and Annual Report 2017(2) in English and Japanese on the company's website. The English version of the Sustainability Report will be published in October.

    The Sustainability Report 2017 outlines Mazda's corporate social responsibility (CSR) initiatives and achievements(3) for the fiscal year ended (FYE) March 2017. The Annual Report 2017 features management information and financial news.

    Highlights of the Sustainability Report 2017
    - Top Message - Mazda's Representative Director, President and CEO Masamichi Kogai discusses his views on CSR and introduces some CSR initiatives linked to the company's business strategy.
    - Details Mazda's "Sustainable Zoom - Zoom 2030" long-term vision for technology development and capital alliance with Toyota Motor Corporation

    - Special Feature 1: SKYACTIV-X next-generation engine
    Mazda's new SKYACTIV-X combines the advantages of gasoline and diesel engines and represents a significant step forward in Mazda's quest to make the ultimate combustion engine.
    - Special Feature 2: All-new Mazda CX-5 Crossover SUV
    Showcases the all-new Mazda CX-5, which honed the company's latest design and technology for more refined driving pleasure in every area
    - Initiatives based on Sustainable Development Goals:
    Introduces initiatives that will help achieve the United Nation's 17 Sustainable Development Goals(4)

    Highlights of the Annual Report 2017
    - Message from Management - President and CEO Masamichi Kogai outlines his vision for Mazda as a brand that forms a strong bond with customers and makes world-class vehicles and gives an overview of the capital and business alliance with Toyota.
    - Akira Marumoto, Representative Director and Executive Vice President, explains Mazda's initiatives for sustainable growth, including specifics of the capital and business alliance with Toyota and Mazda's product and technology strategy for adapting to the changing business environment over the medium and long term.

    - Mazda's Business Strategy:
    Looks at the key initiatives of the medium-term business plan, Structural Reform Stage 2, and progress made since implementation began in the fiscal year ended March 2017
    - Review of Operations:
    Looks at business results and sales initiatives in Japan, North America, Europe, China and other markets
    - Mazda's Art of Car Making:
    Introduces "Sustainable Zoom-Zoom 2030," the next-generation SKYACTIV-X engine and Monotsukuri Innovation, as well as accolades for Mazda's products technologies

    Mazda's Sustainability Report and Annual Report can be downloaded from the company's global website.

    Sustainability Report: http://www.mazda.com/en/csr/download/
    Annual Report: http://www.mazda.com/en/investors/library/annual/

    Mazda began fully implementing Brand Value Management in 2013. The Sustainability Report and Annual Report show how Mazda is working to become a brand that enriches people's lives at every touchpoint to build a strong emotional connection with customers, focusing on the company's initiatives, organizational aspects and people.

    (1) The Sustainability Report 2017 in Japanese is available as an "in-depth version" and a "social contribution version." A digest version and corporate profile featuring highlights from the full report will be available in both printed and online formats in October. English editions of the "in-depth version" and the "social contribution version" will be available online in October, and English editions of the digest version and corporate profile will be available in both printed and online formats in November.
    (2) Both the English and Japanese versions are available only in online format.
    (3) Mazda's CSR initiatives are divided into the following six categories; Customer Satisfaction, Quality, Safety, Environment, Respect for People and Social Contributions.
    (4) Sustainable Development Goals (SDGs) form an agenda for United Nations member states to realize sustainable development in areas ranging from poverty, hunger and energy to climate change and peace from 2015 through 2030. Announced in September 2015, the SDGs consists of 17 goals and 169 targets.

    About Mazda

    Mazda Motor Corporation (TSE: 7261) started manufacturing tools in 1929 and soon branched out into production of trucks for commercial use. In the early 1960s, Mazda launched its first passenger car models and began developing rotary engines. Still headquartered in Hiroshima in western Japan, Mazda today ranks as one of Japan's leading automakers, and exports cars to the United States and Europe for over 30 years. For more information, please visit www.mazda.com

    Contact:
    Corporate Communications Division Mazda Motor Corporation, Japan +81-3-3508-5056 [Tokyo] +81-82-282-5253 [Hiroshima] mailto: media@mazda.co.jp

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

    0 0

    TOKYO, Sep 29, 2017 - (JCN Newswire) - Honda Motor Co., Ltd. today announced its lineup of production and concept-model automobiles and motorcycles as well as other products at the 45th Tokyo Motor Show 2017, to be held at Tokyo Big Sight (Press days: October 25-26, Public days: October 27 - November 5).

    This year, Honda's entire booth will promote the expanding possibilities of people through mobility and enriched lifestyles.

    Honda will be exhibiting many electrified models such as the Honda Sports EV Concept which will be world premiered during the event, and global models such as the Japan premiere all-new Honda CR-V. Featuring a new model celebrating cumulative production of the Super Cub reaching 100 million units in October this year, the Honda booth will also be exhibiting about 60 years of Super Cub history, its current models, and its future.

    The Motorsports section of the booth will treat visitors to fun activities such as riding or touching real racing machines, and in the center area of the booth will welcome visitors to relax and gather.

    Honda will also be participating in the Tokyo Motor Show organizer's "TOKYO CONNECTED LAB 2017" display, promoting its "Spend more time with the family" concept, exhibiting unique mobility such as "Honda Ie-mobi Concept" ("Ie" is a Japanese word for "home") focused on being connected with family.

    Key Exhibition Models

    Automobiles

    - Honda Sports EV Concept (World premiere)
    The Honda Sports EV Concept aims to realize a feel of unity with the car, combining EV performance and AI with a compact form. While sharing the platform with Honda Urban EV Concept, its unforgettable silhouette, friendly front fascia that naturally blends into any lifestyle, and supple surfaces make it a next-generation sports car that brings joy and emotional attachment in ownership.

    - Honda Urban EV Concept (Japan premiere)
    The Honda Urban EV Concept is built on a newly developed, EV-only platform, signaling the future of mass-produced EV models and directions in design. Its compact size is ideal for urban driving, and its simple design brings "joy of lively driving" and "friendliness that inspires attachment" to the customer. The Urban EV Concept realizes natural communication between people and cars through technologies such as AI and the car's front display that shows messages and greetings to onlookers.

    - Honda NeuV (Japan premiere)
    The Honda NeuV is an EV concept model that explores the growing possibilities of mobility through autonomous driving technology and AI. It determines the driver's stress level from facial expressions and voice tones to support safe driving, and by learning the driver's lifestyle and preferences, provides suggestions to the driver according to the situation, realizing natural communication between driver and mobility. The NeuV also explores autonomous car-sharing use, with permission from its owner, when it is not being used.

    - CR-V (Japan premiere)
    The Honda CR-V is an SUV with the driving performance of a sedan yet with high functionality, and is supported in over 160 countries and regions worldwide. The fifth-generation CR-V includes a series-first hybrid model equipped with Honda's unique "SPORT HYBRID i-MMD" two-motor hybrid system, which will be available in front-wheel drive and 4WD variants. Utility has been enhanced, adding a 3-row seat gasoline model to the line-up. Honda's advanced safe driving support system "Honda SENSING" is now a standard feature.

    Motorcycles

    - Honda Riding Assist-e (World premiere)
    The Honda Riding Assist-e features Honda's unique balance control technology, developed through its humanoid robot research. The motorcycle automatically balances itself at very low speeds, reducing rider load. This model makes riding easier, and more fun. The Riding Assist-e is powered by electric motor, and marks a step towards realizing Honda's vision of "enjoying the freedom of mobility" and "a carbon-free society."

    About Honda

    Honda Motor Co., Ltd. (TSE:7267/NYSE:HMC/LSE:HNDA) is one of the leading manufacturers of automobiles and power products and the largest manufacture of motorcycles in the world. Honda has always sought to provide genuine satisfaction to people worldwide. The result is more than 120 manufacturing facilities in 30 countries worldwide, producing a wide range of products, including motorcycles, ATVs, generators, marine engines, lawn and garden equipment and automobiles that bring the company into contact with over 19 million customers annually. For more information, please visit http://world.honda.com.

    Contact:
    Honda Media Inquiries corporate_pr@hm.honda.co.jp +81-3-5412-1512

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

    0 0

    Adjusted Net Profit Increased by 30.6% to US$13.3 Million

    HONG KONG, Sep 29, 2017 - (ACN Newswire) - Sisram Medical Ltd ("Sisram Med" or the "Company"; stock code: 1696.HK), a leading global provider of energy-based medical aesthetic treatment systems, listed on the Main Board of The Stock Exchange of Hong Kong Limited on September 19, 2017, became the first Israeli company to list in Hong Kong, marking a key milestone in the business development of the Group. Sisram Med yesterday announced its unaudited interim results for the six months ended June 30th, 2017 ("Period").

    During the first half of 2017, the Company continued to promote its various brands, increase market awareness and sales of its products as well as expand existing sales and distribution channels. At the same time, the Company continued to satisfy the evolving demands of treatment providers and treatment recipients by launching innovative products driven by our strengths in research and development. Benefitting from the launch of four new applicators and bolstered by the increased awareness and acceptance of medical aesthetic treatments, Sisram Med's business operations continued to perform well.

    Helped greatly by growing revenues from sales of non-invasive medical aesthetic products, revenue from product sales during the period amounted to US$61.6 million, an increase of 14.8% compared to the corresponding period of 2016. Revenue from services and other amounted to US$4.7 million. The overall revenues of the Company increased by 12.9% compared to the corresponding period of 2016, reaching US$66.3 million. Due to steady business growth and further sales structure optimisation, the Company recorded adjusted net profits of US$13.3 million, which was a sharp increase of 30.6%. The adjusted net profit margin was 20.1%, a rise of 16.2%. During the period, the profitability and operational quality of the Company further improved. The net cash flow from operating activities amounted to US$9.3 million, an increase of 42.4% compared to the corresponding period of 2016.

    The Company's products are categorised into non-invasive medical aesthetic products and minimally invasive products. Substantially all Sisram Med products are energy-based medical aesthetic treatment systems and ancillary products for use with the Company's treatment systems. The Company sells treatment systems in approximately 80 countries and jurisdictions worldwide and maintains a lean and efficient direct sales team and structure. which allows for more effective sales and marketing efforts. In the United States, Canada, Germany, Austria and India, the Company engages in direct sales to treatment providers. In other geographic markets, including the PRC and the rest of the Asia Pacific region, EMEA and Latin America, the Company sells products to distributors, who in turn sell to treatment providers.

    Looking ahead in the second half of 2017, the Company is poised to expand its sales channels in the United States, Germany, and India as well as its distribution networks globally. Moreover, the Company intends to upgrade existing facilities or establish new service centres for its direct sales markets in India and Germany.

    The Company boasts strong R&D capabilities that are focused on meeting the specific needs of treatment providers, using a systematic and user-oriented approach. During the period, the Company continued to focus on R&D activities with R&D expenses increasing by 38.4% to US$4.8 million from US$3.5 million during the corresponding period of 2016. R&D expenses primarily comprise remuneration to research and development team members, materials costs, and expenses related to regulatory compliance as well as registration of patents and trademarks. In the second half of 2017, Sisram Med will continue to focus on innovation and development, and strive to develop new strategic products. The Company also intends to develop greater analytical capabilities using cloud technology in its treatment systems which are linked to its information technology system. At the same time, the Company also intends to upgrade and remap its production lines to, among other things, enhance efficiency and increase throughput as well as strengthen its capabilities in developing and producing more advanced products as the latest technologies evolve.

    Mr. Yi Liu, the Chairman and Executive Director, said, "Following our successful listing, we at Sisram Med expect to enhance our brand and business development across the PRC as well as attract new investors seeking investment opportunities in the medical devices sector. We feel that this will accelerate our development overall." Looking forward, Mr Liu added, "the Group will continue to remain committed to its mission of providing cost-effective and high-performance systems based on the very latest clinical research and cutting-edge technologies. To this end, we will also stay true to our corporate philosophy of "Enhancing Quality of Life", and will endeavor to capture new opportunities that arise across expanding aesthetic and surgical markets, this will help us focus on developing strategies for organic growth, external expansion and integrated development, and will also bolster our efforts to acquire and integrate with other domestic and overseas quality aesthetic and surgical manufacturing companies. The Group also aims to further enhance its core competencies to improve overall operating results."

    About Sisram Medical Ltd
    Sisram Medical Ltd (stock code: 1696.HK) is a leading global provider of energy-based medical aesthetic treatment systems, with comprehensive in-house capability to design, develop and produce such systems, which often feature the Company's innovative and proprietary technologies. "Alma" brand, as well as the brands of many of the Company's products such as "Soprano", "Harmony", "Accent" and "FemiLift", are widely recognized and well regarded among treatment providers and treatment recipients internationally. The Company has also been the largest provider of energy-based medical aesthetic treatment systems in the PRC market and one of the leaders in the medical aesthetic treatment system market globally, in terms of revenue in 2016, according to the Medical Insight Report. The company sells its treatment systems in approximately 80 countries and jurisdictions worldwide. Sisram Med, incorporated in 2013 in Israel, is a non-wholly owned subsidiary of Fosun Pharma. Fosun Pharma is a leading healthcare group in China with businesses covering the whole healthcare industry chain.


    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

    0 0
  • 09/28/17--23:33: Rally de Espana: Preview
  • Car 12 (Esapekka Lappi, Janne Ferm)
    - Dual surface challenge ahead for the Yaris WRC in Spain -

    Toyota City, Japan, Sep 29, 2017 - (JCN Newswire) - The TOYOTA GAZOO Racing World Rally Team faces a fresh challenge on Rally de Espana (October 5-8): the only round of the FIA World Rally Championship run on both gravel and asphalt. This mixed-surface event will provide a thorough test of the development of the Yaris WRC during its first season. Already, the car has won on snow in Sweden in the hands of Jari-Matti Latvala and on gravel in Finland with Esapekka Lappi. Progress has been made on asphalt too as seen last time out in Germany, where Juho Hanninen finished fourth and all three drivers took stage wins.

    http://www.acnnewswire.com/topimg/Low_ToyotaGAZOO92917.jpg
    Car 12 (Esapekka Lappi, Janne Ferm)

    Historically, the Spanish round of the WRC has been run over the smooth, fast and flowing asphalt roads of Catalunya, which are similar to racing circuits in their characteristics. Since 2010, these stages have been preceded by a day on gravel. Teams are required to transfer the cars from gravel to asphalt specification within a 75-minute service on Friday evening.

    The rally begins on Thursday evening with a ceremonial start in the service park in Salou ahead of three stages all run twice on Friday run mostly on gravel--although the 38.95-kilometre Terra Alta test features sections of asphalt. Saturday features two loops of three stages followed by a Salou seafront test and there are six more stages on Sunday.

    Following the launch of EchoCam on Rally Finland, TOYOTA GAZOO Racing and its partner Microsoft will offer HoloLens mixed reality technology on Rally de Espana as a trial. It will be available at the TGR fan booth at the service park from Thursday to Saturday.

    Quotes:

    Tommi Makinen (Team Principal)

    "Spain will be something completely unknown for me, as I have never driven the rally like it is nowadays with a mix of gravel and asphalt. I don't know what to expect personally, but of course Jari-Matti knows the challenges very well. Having two surfaces will require work from the engineers and the mechanics, as well as quite a lot of extra equipment. I am sure though that everybody is prepared and knows what to do when the cars arrive into service in order to change all the necessary parts. We have been making some good steps forward with the car and I hope that with more new items and new ideas, we can make some small improvements again in Spain."

    Jari-Matti Latvala (Driver car 10)

    "I like the combination in Spain of having the first day on gravel and then two days on asphalt. They are the best asphalt roads in the championship--as close to a race circuit as is possible--and the gravel stages are also quite good. I did two days of testing for Spain this week: on the asphalt, we were focused on the suspension, and on gravel we concentrated on the differential. The change of surface creates extra work for the mechanics and the engineers, and as drivers we need to adapt our driving style overnight. Our car showed winning speed on gravel in Finland and the performance was also there on asphalt in Germany, so I believe we should be very competitive."

    Juho Hanninen (Driver car 11)

    "The car has felt good in testing, just like it did in Germany. We plan to continue in the same way in Spain. Friday will be challenging for me because the stages are exactly the same as recent years and I haven't done this rally for a while, so I will need to push a lot on Friday in order to be in the fight. But unless it rains like last year, I don't think the time differences will be too big. Then there will be some new stages on Saturday and Sunday, which should help."

    Esapekka Lappi (Driver car 12)

    "Spain is a really challenging rally with the mix of gravel and asphalt. It's a completely different type of rally to what we are used to. The gravel part is similar to Portugal in my opinion, and then the asphalt stages are quite unique: I think they're the best stages on asphalt in the world. They are pretty clean and smooth, and are not as twisty as Corsica and not as narrow as Germany, so really enjoyable to drive. I'm really looking forward to it. There were some ups and downs in Germany but in the end, we could match the speed of the others and our performance should be good on both surfaces."

    About Toyota

    Supported by people around the world, Toyota Motor Corporation (TSE: 7203; NYSE: TM), has endeavored since its establishment in 1937 to serve society by creating better products. As of the end of December 2013, Toyota conducts its business worldwide with 52 overseas manufacturing companies in 27 countries and regions. Toyota's vehicles are sold in more than 170 countries and regions. For more information, please visit www.toyota-global.com.

    Contact:
    Public Affairs Division Global Communications Department Toyota Motor Corporation Tel: +81-3-3817-9926

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

    0 0

    SINGAPORE, Sep 29, 2017 - (ACN Newswire) - The 2017 edition of Spikes Asia closed with the Spikes Asia Awards, where members of the creative industry from across Asia-Pacific gathered to celebrate and honour the best work from the region.

    This year, Spikes received 4,301 entries from 23 countries. In addition to the 20 award categories announced at the Spikes Asia Awards, the ceremony also announced the recipients of: Media Agency of the Year, Independent Agency of the Year, Network of the Year, Asia-Pacific Agency of the Year Award the Spikes Palm Award, the Grand Prix for Good and the Country Agency of the Year Award a new award that celebrates agency performance at a national level.

    Terry Savage, Co-Chairman of Spikes Asia, commented on how this year's crop of winning work was a shining example of how the Asia-Pacific region was embracing new creative trends: "There's been a growing movement of brands and their creative partners producing a new kind of work that goes beyond advertising. The ideas being recognised at Spikes this year show brands breaking out of traditional channels, impacting culture and delivering business results."

    This year's winners were:

    Creative Effectiveness
    - 2 Spikes from 19 entries were awarded including 1 Creative Effectiveness Spike.
    The Creative Effectiveness Grand Prix went to Colenso BBDO, Auckland, New Zealand for their campaign 'Brewtroleum' for DB Breweries/Heineken.

    Design
    - 39 Spikes from 350 entries were awarded including 3 Gold Spikes, 14 Silver Spikes and 21 Bronze Spikes.
    CJ WORX, Bangkok, Thailand won the Design Grand Prix for 'The Unusual Football Field Project', AP Thailand.

    Digital
    - 44 Spikes from 407 entries were awarded including 4 Gold Spikes, 17 Silver Spikes and 22 Bronze Spikes.
    Clemenger BBDO Melbourne, Australia, won its first Grand Prix for 'Meet Graham' for the Transport Accident Commission Victoria.

    Digital Craft
    - 17 Spikes from 131 entries were awarded including 2 Gold Spikes, 5 Silver Spikes and 9 Bronze Spikes.
    The Grand Prix was awarded to R/GA Sydney, Australia for its campaign 'Through the Dark' for Google.

    Direct
    - 37 Spikes from 291 entries were awarded including 2 Gold Spikes, 14 Silver Spikes and 20 Bronze Spikes.
    Clemenger BBDO Melbourne, Australia won its second Grand Prix for 'Meet Graham' for the Transport Accident Commission Victoria.

    Entertainment
    -13 Spikes from 126 entries were awarded including 2 Gold Spikes, 4 Silver Spikes and 6 Bronze Spikes.
    The Grand Prix was awarded to Hakuhodo Inc., Tokyo, Japan for their campaign 'Gravity Cat' for Sony Interactive Entertainment Inc.

    Film
    - 37 Spikes from 379 entries were awarded 6 Gold Spikes, 12 Silver Spikes and 18 Bronze Spikes.
    Colenso BBDO, Auckland, New Zealand won the Grand Prix for their campaign "Hard Man to Impress", "Scared" and "Treehouse" for Pedigree.

    Film Craft
    - 43 Spikes from 441 entries were awarded including 6 Gold Spikes, 14 Silver Spikes and 23 Bronze Spikes.
    There was no Grand Prix awarded.

    Healthcare
    - 25 Spikes from 188 entries were awarded including 4 Gold Spikes, 6 Silver Spikes and 14 Bronze Spikes.
    Clemenger BBDO Melbourne, Australia won its third Grand Prix of the evening for 'Meet Graham' for the Transport Accident Commission Victoria.

    Innovation
    - 3 Spikes from 32 entries were awarded including 2 Innovation Spikes.
    The Grand Prix was presented to Dentsu Inc., Tokyo, Japan for 'Smile Lock Outlet' for Toyota.

    Integrated
    - 6 Spikes from 43 entries were awarded including 1 Gold Spike, 2 Silver Spikes and 2 Bronze Spikes.
    The Grand Prix was presented to Taproot Dentsu, Mumbai, India for 'Adidas Odds' for Adidas.

    Media
    - 37 Spikes from 333 entries were awarded including 7 Gold Spikes, 14 Silver Spikes and 15 Bronze Spikes.
    McCann Melbourne, Australia won the Grand Prix for 'Made Possible by Melbourne' for the University Of Melbourne.

    Mobile
    - 20 Spikes from 173 entries were awarded including 3 Gold Spikes, 5 Silver Spikes and 11 Bronze Spikes.
    The Grand Prix was awarded to MediaMonks, Amsterdam / Google Asia Pacific, Singapore / Lenovo, Singapore / Marina Bay Sands, Singapore / WWF Singapore, The Netherlands for 'Arts Science Museum: Into the Wild' for Google, Lenovo and WWF.

    Music
    - 7 Spikes from 56 entries were awarded including 1 Gold Spike, 2 Silver Spikes and 3 Bronze Spikes.
    Host Sydney, Australia won the Grand Prix for 'Summer Wonderland' for Air New Zealand.

    Outdoor
    - 28 Spikes from 293 entries were awarded including 4 Gold Spikes, 13 Silver Spikes and 10 Bronze Spikes.
    CJ WORX, Bangkok, Thailand won its second Grand Prix of the evening for 'The Unusual Football Field Project', AP (Thailand).

    PR
    - 26 Spikes from 264 entries were awarded including 4 Gold Spikes, 8 Silver Spikes and 13 Bronze Spikes.
    The Grand Prix was awarded to Clemenger BBDO Melbourne, Australia for 'Meet Graham' for the Transport Accident Commission Victoria.

    Print & Outdoor Craft
    - 17 Spikes from 177 entries were awarded including 3 Gold Spikes, 6 Silver Spikes and 7 Bronze Spikes.
    Ogilvy & Mather Japan, Tokyo, Japan won the Grand Prix for its campaign 'Flounder Fish', 'Octopus', 'Lotus Root', 'Mackerel', 'Onion', 'Mushroom' and 'Okra' for Sagawa Shoyu Inc.

    Print & Publishing
    - 10 Spikes from 148 entries were awarded including 3 Gold Spikes, 4 Silver Spikes and 2 Bronze Spikes.
    Ogilvy, Bangkok, Thailand, were awarded the Grand Prix for 'Build the Future 1' for Dksh (Thailand) Ltd.

    Promo & Activation
    - 26 Spikes from 346 entries were awarded including 4 Gold Spikes, 6 Silver Spikes and 15 Bronze Spikes.
    The Grand Prix was awarded to CJ WORX, Bangkok, Thailand for 'The Unusual Football Field Project' for AP Thailand.

    Radio
    - 12 Spikes from 104 entries were awarded including 1 Gold Spike, 4 Silver Spikes and 6 Bronze Spikes.
    Bashful, Sydney / Kind Agency, Sydney, Australia were awarded the Grand Prix for 'Smartwig' for The Star Sydney.


    The Grand Prix for Good was presented to McCann India, Mumbai / McCann Health, Mumbai, India for "The Immunity Charm", Ministry Of Public Health, Afghanistan.

    Younghee Lee, Chief Marketing Officer of Samsung Electronics and Head of Global Marketing for Samsung's Mobile Business accepted the Spikes Asia Advertiser of the Year Award.

    Network of the Year was presented to BBDO with Dentsu coming second and Ogilvy & Mather in third place.

    Dentsu Inc., Tokyo, Japan received the Asia-Pacific Agency of the Year, Clemenger BBDO Melbourne, Australia took second place with Colenso BBDO, Auckland, New Zealand in third.

    The Independent Agency of the Year was awarded to CJ WORX, Bangkok, Thailand, Fred & Farid Shanghai, China came second and Enjin, Tokyo, Japan came third.

    Media Agency of the Year was awarded to PHD, Auckland, New Zealand, OMD Singapore, Singapore was second with dentsu X, Makati, The Philippines in third place.

    Tohokushinsha Film Corporation, Japan received the Spikes Palm, Revolver/Will O'Rourke, Australia came second and Joinery, USA in third.

    The Country Agency of the Year, a new award for 2017 saw the agencies below receive the honour of the most awarded agency in their country:
    JAPAN : Dentsu Inc., Tokyo
    AUSTRALIA : Clemenger BBDO, Melbourne
    SINGAPORE : Ogilvy & Mather, Singapore
    CHINA : Fred & Farid Shanghai
    INDIA : Taproot Dentsu, Mumbai
    THAILAND : CJ WORX, Bangkok
    PHILIPPINES : Dentsu Jayme Syfu, Makati City
    SOUTH KOREA : Cheil Worldwide, Seoul
    HONG KONG : Cheil Worldwide, Hong Kong
    MALAYSIA : Isobar, Kuala Lumpur
    INDONESIA : Hakuhodo Indonesia, Jakarta
    NEW ZEALAND : Colenso BBDO, Auckland

    Young Spikes PR Competition Winners
    1st place -- JAPAN: Taro Taniwaki, Activation Planner, Hakuhodo and Takumi Sekiya, Planner, Hakuhodo
    2nd place -- SINGAPORE: Ayden Ong, Client Executive, Brand, Edelman and Abraham Christopher, Senior Client Executive, Edelman
    3rd place -- HONG KONG: Holly Chan, Account Manager, Sinclair Communications and Emma Williamson, Account Manager, Sinclair Communications

    Young Spikes Digital Competition Winners
    1st place -- AUSTRALIA: Tristan Viney, Creative Director, Eardrum and Rosie Stone, Copywriter, LOUD
    2nd place -- VIETNAM: Trang Quynh Nhu, Creative, Mirum Agency and Nguyen Thi Uyen Chi, Senior Account Executive, Mirum Agency
    3rd place -- BANGLADESH: Md Mahmudur Rahman, Senior Visualizer, Magnito Digital and Tasnim Noorin, Senior Strategic Planner, Magnito Digital

    Young Spikes Integrated Competition Winners
    1st place -- BANGLADESH: Farah Yasmin, Senior Visualizer, Grey Global and Maisha Binte Siddiq, Executive, Servicing & Planning, Grey Global
    2nd place -- SINGAPORE: Elon Law, Copywriter, Blak Labs and Leonardo Rusli, Art Director, Blak Labs
    3rd place -- CHINA: Daniel Lo, Creative Group Head, Saatchi & Saatchi Shanghai and Gavin Lee, Senior Art Director, Saatchi & Saatchi Shanghai

    Young Spikes Media Competition Winners
    1st place -- SINGAPORE: Judy Soh, Media Executive, PHD Media and Rylie Huang, Account Executive, PHD Media
    2nd place -- AUSTRALIA: Millie Di Maio, Digital Director, Slingshot and Kaia Webber, Business Director, Slingshot
    3rd place -- SRI LANKA: Dilendri Vibodha Wettewe, Senior Brand Executive, Leo Burnett and Sarah Hassanally, Senior Brand Planning Executive, Leo Burnett

    Winners are online at https://www.spikes.asia/winners/2017/.
    Awards Ceremony photos are available at http://bit.ly/2yxQ0nv.

    About Spikes Asia

    The Spikes Asia Festival of Creativity, celebrating and inspiring Asia-Pacific creativity in advertising. Suntec City, Singapore, 27-29 September, 2017. Building on 30 years of the illustrious Spikes Awards, the Spikes Asia Festival of Creativity is the result of a collaboration between the organisers of Cannes Lions and Haymarket, publishers of Campaign Asia Pacific.

    The Festival provides the region's growing creative and advertising industry with a platform to network and exchange ideas, bringing together some of the finest creative thinkers from across the region and around the world. Spikes Asia, attended by over 1,800 delegates in 2016, offers an inspirational programme of seminars, tech talks and forums, focusing on creativity and learning, exhibitions of creative work from Asia-Pacific, networking events in the evening and the Spikes Asia award show.

    The Spikes Awards, judged by leading international and regional creatives, honour the best creative work in the categories of Film, Print, Outdoor, Radio, Digital, Integrated, Direct, Promo & Activation, Media, Print Craft, Film Craft, Design, Mobile, PR, Branded Content & Entertainment, Healthcare and Innovation.

    Incorporating Tangrams Effectiveness @ Spikes brings 15 years of celebrating Effectiveness and Strategy under one roof. The Tangrams celebrate the latest thinking in marketing effectiveness and showcase the very best examples of effective brand building from Asia Pacific. The Tangrams awards honour clients and their agencies for marketing strategies that deliver solid results to transform businesses and brands in categories for Effectivenss, Digital Strategy, Media Strategy, Data & Analytics and e-commerce.

    Ascential Events

    Ascential powers the prestigious Cannes Lions festival for the branded communications industry, the world's premier payments and financial services congress Money20/20, Spring Fair/Autumn Fair, the global fashion trend forecasting service WGSN, environmental risk data business Groundsure, e-commerce analytics provider One Click Retail and advisory and business services firm, MediaLink.

    Ascential Events is part of Ascential plc, which transforms knowledge businesses to deliver exceptional performance. Ascential plc is a global business-to-business information company that informs and connects the business world in 150 countries through market-leading Exhibitions & Festivals and Information Services. Ascential's premium products enable focus, growth and value. The company provides customers with world class content and connections empowering their businesses to be the best informed and best connected. www.ascential.com

    About Haymarket Media Group

    The Haymarket Media Group established in 1957 is the largest privately-owned magazine publisher in the UK, and one of the fastest growing media companies globally. The principal business is centred around its consumer, business, professional and customer publications. These are complemented by digital platforms and live events, including extensive exhibitions, conferences and awards. The Group's global expansion comes from wholly owned subsidiaries, joint ventures and extensive licensing of key magazines to other publishers.

    In Asia from their offices in Hong Kong, Mumbai and Singapore, Haymarket Media Ltd publish market-leading titles Campaign Asia-Pacific, Finance Asia, Asian Investor, CEI Asia Pacific and Campaign India. In addition Haymarket organise a number of the region's leading industry awards and conferences relating to the communications and finance sectors. For more information about the Haymarket Media Group see www.haymarket.com.

    Contact:
    Marian Brannelly Press & Public Relations Manager Spikes Asia Festival of Creativity marianb@canneslions.com +44 20 3033 4012 http://www.spikes.asia

    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

older | 1 | .... | 202 | 203 | (Page 204) | 205 | 206 | .... | 320 | newer