Kyoto

BYD to Help Kyoto Reach Japan’s 2050 Carbon Neutral Goal

Retrieved on: 
Friday, February 26, 2021

On February 24, BYD Japan Co., Ltd. (BYD), Keihan Bus Co., Ltd. (Keihan Bus) and The Kansai Electric Power Co., Inc. (Kansai Electric Power) announced a tripartite deal in Kyoto, Japan, which will see the three parties work together to help the city achieve Japans 2050 carbon neutrality target and build a carbon-free society.

Key Points: 
  • On February 24, BYD Japan Co., Ltd. (BYD), Keihan Bus Co., Ltd. (Keihan Bus) and The Kansai Electric Power Co., Inc. (Kansai Electric Power) announced a tripartite deal in Kyoto, Japan, which will see the three parties work together to help the city achieve Japans 2050 carbon neutrality target and build a carbon-free society.
  • As the signing location for the landmark 1997 Kyoto Protocol, Kyoto is a pioneer city that has witnessed the world's active response to climate change.
  • The new bus loop line will connect Kyoto Station, Shichijo Keihan-mae, and Umekoji Hotel Emion Kyoto, which are surrounded by key tourist attractions such as Kyoto Railway Museum and Kyoto Aquarium.
  • The introduction of electric buses around the JR Kyoto Station - the gateway station to Kyoto - will further boost the citys green credentials.

BYD to Help Kyoto Reach Japan's 2050 Carbon Neutral Goal

Retrieved on: 
Friday, February 26, 2021

As the signing location for the landmark 1997 Kyoto Protocol, Kyoto is a pioneer city that has witnessed the world's active response to climate change.

Key Points: 
  • As the signing location for the landmark 1997 Kyoto Protocol, Kyoto is a pioneer city that has witnessed the world's active response to climate change.
  • Operating buses in this world-renowned tourist destination, Keihan Bus has always provided important travel support for the tourism industry in Kyoto.
  • The new bus loop line will connect Kyoto Station, Shichijo Keihan-mae, and Umekoji - Hotel Emion Kyoto, which are surrounded by key tourist attractions such as Kyoto Railway Museum and Kyoto Aquarium.
  • The introduction of electric buses around the JR Kyoto Station - the gateway station to Kyoto - will further boost the city's green credentials.

Aroma Bit Receives Additional Capital Investment Funding From Epson X Investment, Kyocera, and TechAccel Ventures

Retrieved on: 
Tuesday, February 9, 2021

EB-GB Limited Partnership funded by Epson X Investment Corporation (Representative Director: Yasunori Ogawa, headquarters: Chiyoda-ku, Tokyo), Kyocera Corporation (President: Hideo Tanimoto, headquarters: Kyoto City, Kyoto), and TechAccel investment limited partnership 1 (fund operated by TechAccel Ventures, LLC (Functional Manager: Masatoshi Ohba, headquarters: Minato-ku, Tokyo)) are the investment partners participating in this new capital investment.

Key Points: 
  • EB-GB Limited Partnership funded by Epson X Investment Corporation (Representative Director: Yasunori Ogawa, headquarters: Chiyoda-ku, Tokyo), Kyocera Corporation (President: Hideo Tanimoto, headquarters: Kyoto City, Kyoto), and TechAccel investment limited partnership 1 (fund operated by TechAccel Ventures, LLC (Functional Manager: Masatoshi Ohba, headquarters: Minato-ku, Tokyo)) are the investment partners participating in this new capital investment.
  • Aroma Bit launched its silicon CMOS sensor module development kit [5C-SSM-H1] in January of 2021.
  • Aroma Bit Silicon Sensor Technology, Inc., a subsidiary of Aroma Bit manages sales for these devices.
  • Aroma Bit is a company that plans, develops, and sells electronic devices such as compact odor sensors as well as innovative new services that use these devices.

Nidec to Acquire Mitsubishi Heavy Industries Machine Tool Co., Ltd.

Retrieved on: 
Thursday, February 4, 2021

After completion of the acquisition, Mitsubishi Heavy Industries Machine Tool will become the Nidec-Shimposthird main business.

Key Points: 
  • After completion of the acquisition, Mitsubishi Heavy Industries Machine Tool will become the Nidec-Shimposthird main business.
  • Since then, Mitsubishi Heavy Industries Machine Tool has been a group company of Mitsubishi Heavy Industries and has grown its business, while supporting Japanese manufacturing for many years.
  • Mitsubishi Heavy Industries Machine Tool has products related to automotive transmissions and reducers businesses, such as a gear cutting machine and a gear grinding machine with high accuracy and efficiency.
  • It is our intention to mutually leverage the Nidec Groups and Mitsubishi Heavy Industries Machine Tools respective technological capabilities, brand strength, and customer bases, to contribute to the further development of the global machine tool market.

Kamitsujien CO.,Ltd. Launches "Flavored Green Tea" With Uji Matcha

Retrieved on: 
Tuesday, February 2, 2021

has just launched three types of "Flavored Green Tea" (Strawberry Flavor, Banana Flavor, and Mango Flavor) with the mild taste of Uji Matcha and the aroma of fruits, in order to make it easier for people to enjoy Uji Matcha, which is a cultural asset of Kyoto.

Key Points: 
  • has just launched three types of "Flavored Green Tea" (Strawberry Flavor, Banana Flavor, and Mango Flavor) with the mild taste of Uji Matcha and the aroma of fruits, in order to make it easier for people to enjoy Uji Matcha, which is a cultural asset of Kyoto.
  • We developed "Flavored Green Tea" in order to share the taste of our Uji Matcha, which is popular among tea ceremony conductors and confectionery artisans, with many people around the world.
  • He said
    The Flavored Green Tea is usually prepared by skilled workers using frosted sugar to make it easier for it to dissolve.
  • We started producing green tea at our own field in Uji-Tawaracho, Kyoto, the birthplace of Japanese green tea.

Nidec Announces the Status of Own Share Repurchase

Retrieved on: 
Monday, February 1, 2021

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

Key Points: 
  • KYOTO, Japan, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the Company) today announced the status of the Companys own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of Directors held on January 25, 2021, pursuant to Article 459, Paragraph 1, Item 1 of the Company Law of Japan.
  • Period of own share repurchase: From January 26, 2021 through January 31, 2021
    3.
  • Number of own shares repurchased: 0
    Note: The above repurchase information has been prepared on the basis of trade date.
  • A)The following details were resolved by the Companys Board of Directors on January 25, 2021:
    2.

JETRO Kyoto Announces to hold Kyoto Virtual Design Fair featuring with Konkai-Komyoji Temple

Retrieved on: 
Wednesday, January 27, 2021

KYOTO, Japan, Jan. 27, 2021 /PRNewswire/ -- In response to the situation lots of trade fairs have been cancelled due to COVID-19, JETRO Kyoto will hold a virtual exhibition with overseas buyers to sell products from Kyoto.

Key Points: 
  • KYOTO, Japan, Jan. 27, 2021 /PRNewswire/ -- In response to the situation lots of trade fairs have been cancelled due to COVID-19, JETRO Kyoto will hold a virtual exhibition with overseas buyers to sell products from Kyoto.
  • JETRO Kyoto has justopened a special virtual exhibition site .
  • 3D photographs had been taken at the venue of Konkai Komyoji Temple where the products of 45 companies from Kyoto are exhibited.
  • However, at this virtual exhibition site, visitors can enjoy beautiful autumn which is the most beautiful season in Kyoto as well as find excellent design products from Kyoto.

Nidec Announces Financial Results for Fiscal Third Quarter and Nine Months Ended December 31, 2020

Retrieved on: 
Monday, January 25, 2021

Full copy of Nidecs financial statements for the third quarter and nine months ended December 31, 2020:

Key Points: 
  • Full copy of Nidecs financial statements for the third quarter and nine months ended December 31, 2020:
    A conference call webcast (audio-only, user-control slides attached) discussing Nidecs financial results for the third quarter and nine months ended December 31, 2020 is scheduled for 09:00 a.m. EST on Monday, January 25, 2021.
  • To listen to the webcast, please visit Nidec website at:
    Nidec Corporation (TSE: 6594) (OTC US: NJDCY) is a global leader in electric motor drive technology.
  • For the nine months ended December 31, 2020, 28.7% of its consolidated sales were represented by small precision motors; 21.6% by automotive products; 36.2% by appliance, commercial and industrial products; 9.4% by machinery; 3.9% by electronic and optical components, and 0.2% by the remaining products lines.
  • Nidec was founded in Kyoto, Japan in 1973 by Shigenobu Nagamori, its current Chairman and CEO.

Nidec Board Authorizes Share Repurchase Plan

Retrieved on: 
Monday, January 25, 2021

KYOTO, Japan, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the Company) announces today that its Board of Directors has authorized a new share repurchase plan at a meeting held on January 25, 2021, whereby the Company may repurchase up to four million shares in accordance with the Article of Incorporation pursuant to Article 459, Paragraph 1, Item 1 of the Company Law of Japan.

Key Points: 
  • KYOTO, Japan, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the Company) announces today that its Board of Directors has authorized a new share repurchase plan at a meeting held on January 25, 2021, whereby the Company may repurchase up to four million shares in accordance with the Article of Incorporation pursuant to Article 459, Paragraph 1, Item 1 of the Company Law of Japan.
  • This authorization is intended to enable agile capital management highly responsive to the changingbusiness environment.
  • Such forward-looking statements are not guarantees of future performance or events and involve risks and uncertainties.
  • The Company assumes no obligation to, and does not currently intend to, update these forward-looking statements, except as required by law.

Nidec Revises Upward Consolidated Financial Forecasts for the Year Ending March 31, 2021

Retrieved on: 
Monday, January 25, 2021

In view of the favorable growth in this period, the Company has decided to revise its previously announced financial performance forecast for the year ending March 31, 2021.

Key Points: 
  • In view of the favorable growth in this period, the Company has decided to revise its previously announced financial performance forecast for the year ending March 31, 2021.
  • The provided financial forecast assumes the exchange rates of 105 against the U.S. dollar and 117 against the euro.
  • During the nine months ended December 31, 2020, the Company completed the provisional accounting treatment for business combination.
  • Nidec undertakes no obligation to update the forward-looking statements unless required by law.