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Wood Station (Chiba City) launches “large panel production partner association”. The inauguration ceremony will be held on February 21. As a countermeasure to the shortage of craftsmen, the company said that it is urgent to make wooden construction prefabricated, and has asked timber businesses in various parts of Japan to participate in the “large panel production partnership” and has promoted nationwide deployment. Currently, there are 54 total members and 32 regular members. The latter will have...

In April, Chubu Electric Power’s Vice President Onoda assumed office as president of the company that TEPCO and Chubu Electric Power Co. ‘s thermal power generation department integrated and formed, and they expressed willingness to supply affordable electricity at the press conference. Tokyo Electric Power Company and Chubu Electric Power Company have gradually shifted the thermal power generation division to “JERA” jointly established in 2015. After the completion of the integration in April, the thermal...

Major electronics manufacturer Mitsubishi Electric registered a 13% decrease in profit compared to the same period in the previous year due to a decline in smartphone-related equipment investment in China reported in the nine-month settlement to December last year. According to Mitsubishi Electric’s announcement on April 4 last year from April to December, the group’s sales increased by 2.4% compared with the same period in the previous year to 3, 264.1 billion yen, but the...

Nomura Holdings, the largest securities company, officially announced that it will acquire Orion beer headquartered in Okinawa Prefecture in collaboration with an investment fund in the United States. The Orion side also agreed with the acquisition, and it is said that the management team will make a part of the investment, and it is their policy to strengthen overseas development and such in the future. According to the announcement, Nomura Holdings and American investment fund Carlyle...

Nissan Motor President Hiroto Saikawa stated that “Nissan’s past responsibilities and my responsibilities that led to these circumstances are naturally heavy” in regards to Nissan’s charges for violating the Financial Instruments and Trading Law. In addition, as for future actions, “While the company is facing a lot of very difficult situations, I would like to think about focusing on fulfilling my duties and then taking responsibility for it”.