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NEC launches Value Added xHaul Solution Suite with Open Ecosystem

TOKYO, Feb 16, 2023 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (TSE: 6701) and its ecosystem partners A10 Networks, Adtran (formerly ADVA), Fortinet and Juniper Networks have launched the Value Added xHaul Solution Suite to accelerate the monetization of operators' transport networks in the 5G era. The new solution suite will enable traditional IP and optical transport networking to bring additional value with enhanced capabilities, including datacenter networks, network security, and automation to maximize operators' profitability.In light of the transition to 5G, xHaul, the backbone of the entire network, needs to adapt to industry transformations, such as Open RAN to enable flexible networking, edge computing and network slicing for monetization, multi-domain automation for operational simplicity, as well as vigilant security measures to protect networks against increasing risks.To help operators tackle these emerging requirements for xHaul network evolution, NEC takes a unique holistic best-of-breed approach to move beyond the siloed proposition prevalent in the industry today. This collaborative approach improves efficiency and Return on Investment (ROI), enabling the optimization of the entire transport network. Leveraging its extensive experience as a global system integrator, as well as its IT and network engineering expertise, NEC delivers a single xHaul solution suite. The suite provides tailored solutions for operators to maximize the value and efficiency of their networks.As a part of 5G xHaul Transformation Services under NEC Open Networks, the new Value Added xHaul Solution Suite is engineered by NEC's 5G Transport Centers of Excellence (CoEs). NEC's central hubs meet regional and local operators' needs while ensuring the high performance of networks. The Value Added xHaul Solution Suite means NEC will continually contribute to advancing operators' xHaul networks and their business success globally. Supporting Quotes"We have been meeting the needs and demands of 5G in the networking and security areas through our strong and long-standing relationship with NEC. As a part of NEC's Value Added xHaul Solution Suite, we are thrilled to continuously provide solutions for the evolving 5G network," said Mikko Disini, VP Product Line Management, A10 Networks."This is an initiative based on strong relationships, close collaboration and our shared commitment to open and flexible ecosystems. Together, we're enabling operators to harness the latest multi-vendor innovation. With our secure optical and packet networking technology, along with our precise and reliable timing products, we're empowering NEC to address soaring demand for high-bandwidth, low-latency 5G networks and deliver a scalable solution for tomorrow's xHaul infrastructure," said Stephan Neidlinger, VP, Global Business Development, Adtran."The criticality of 5G networks and services in innovative use cases across industries emphasize the important role cybersecurity must play in operators' 5G infrastructure and services. As a leading cybersecurity vendor to mobile operators around the world, Fortinet is proud to be part of NEC's Value Added xHaul Solution Suite, empowering the delivery of secured, next-generation networking solutions to 5G operators," said John Maddison, EVP of Products and CMO at Fortinet."To be competitive, service providers must focus on the quality of user experience being delivered by their 5G-enabled infrastructure. So, it is crucial to select innovative, best-in-class solutions from a wide range of vendors in an open, interoperable environment (for example, Juniper's category-creating Cloud Metro portfolio), as well as work with a world-class integrator like NEC. This approach can uniquely unleash the true value of end-to-end automation, AI, cloud and other networking technologies in support of sustainable business models. Juniper welcomes this opportunity to continue our collaboration with NEC and its 5G ecosystem, creating networking solutions that can help service providers to deliver transformational experiences," said Thomas Desrues, Vice President, Strategic Alliances, Juniper Networks."NEC is committed to delivering innovative services with best-of-breed solutions built on a vibrant ecosystem of trusted industry partners. We are helping to resolve operators' pressing challenges in an end-to-end optimized approach. Our new Value Added xHaul Solution Suite addresses our customers' demands to adapt to emerging 5G dynamics in xHaul flexibly and with increased simplicity, better quality, and more profitability," said Hideyuki Ogata, General Manager, Service Provider Solutions Department, NEC CorporationAbout NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)

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Three partners build a demonstration system for CO2NNEX for e-methane, a digital platform for visualizing CO2 emissions across e-methane value chain and transferring e-methane’s environmental value

TOKYO, Feb 15, 2023 - (JCN Newswire via SEAPRWire.com) - Osaka Gas Co., Ltd., Mitsubishi Heavy Industries, Ltd. (MHI), and IBM Japan, Ltd. today jointly announced that they have built a demonstration system (the "System," see Figure 1) for CO2NNEX for e-methane, a digital platform for visualizing the amount of CO2 emissions across the value chain of e-methane (methane synthesized with the methanation technology) and transferring e-methane's environmental value. CO2NNEX for e-methane is based on CO2NNEX, a digital platform being developed by MHI and IBM Japan for visualizing the CO2 supply chain. In conducting the PoC (Proof of Concept) of CO2NNEX for e-methane, the three partners will discuss and exchange views with the Japan Gas Association, Tokyo Gas Co., Ltd., Toho Gas Co., Ltd., and INPEX CORPORATION to identify effective ways to promote the use of e-methane and establish its environmental value.Figure 1: The System's web siteFigure 2: Visualization of CO2 emissionsFigure 3: Transfer of e-methane’s environmental valueUsing the System, this tripartite project aims to achieve the following: A system for managing the amount of CO2 emissions from its sources throughout the e-methane supply chain to provide the data of e-methane's quantified environmental value to gas users; A shared platform that digitally connects e-methane production sites to markets for trading and transferring the environmental value of e-methane, which will be blended with natural gas in the pipeline. The three partners pursue this initiative, aiming to contribute to the transition to a net zero society, which requires practical solutions as currently studied, such as CO2 accounting methods for CCU (carbon dioxide capture and utilization), including methanation, and the application of the accounting methods for e-methane, a recycled-carbon fuel.The System has been established as part of the partners' joint project for another PoC that has been underway since October 2022 utilizing CO2NNEX. For the System, the partners have developed a feature that visualizes the amount of CO2 emissions throughout the e-methane lifecycle, from production to transport, supply, and combustion (see Figure 2) and a feature that displays the balance of e-methane environmental value held by each participant and requests/authorizes the trading of the value (see Figure 3).The project plans to conduct the demonstration to examine the effectiveness and efficiency of utilizing CO2NNEX for e-methane while promoting a wider recognition of the System to collect feedback from academia, industry, and government. The partners intend to apply the PoC results to planned methanation demonstrations, aiming to realize the practical application of e-methane and contribute to achieving a carbon neutral society.About CO2NNEX for e-methaneCO2NNEX for e-methane quantifies e-methane's environmental value by tracking and managing CO2 emissions throughout the e-methane supply chain from production to supply, including transport, and combustion by each participant at each location. The project aims to build a shared platform that transfers and trades e-methane's environmental value.About methanationMethanation is a technology for synthesizing methane, the main component of natural gas, from hydrogen and CO2. The resulting product is known as e-methane. The use (combustion) of e-methane results in no effective increase in CO2 for society as a whole because CO2, which is normally emitted into the atmosphere, is captured and recycled for use in producing e-methane. Also, methanation is expected to be an economically efficient way of achieving carbon neutrality, with e-methane being distributed through the existing gas infrastructure and combusted in existing gas appliances, requiring no large-scale investment for constructing new energy systems or modifying the existing ones.About Osaka GasOsaka Gas announced the Daigas Group Carbon Neutral Vision in January 2021 for achieving carbon neutrality by 2050 mainly through the introduction of carbon neutral gas produced by methanation, decarbonization of its power sources primarily through the use of renewable energies and the reduction of carbon emissions. The company is also conducting a number of studies on developing methanation projects overseas - notably in Australia, South America, and Southeast Asia - for the commercialization of methanation technology.About MHIMHI Group is actively involved in programs targeting the realization of a carbon neutral society. Building a CO2 ecosystem is central to its energy transition initiatives. As a global leader in CCUS, the company aims to accelerate this ecosystem development by seeking widespread adoption of related hardware as well as the CO2NNEX digital platform.About IBM JapanApplying its experience in supporting numerous customers worldwide, IBM Japan accelerates the development of CO2NNEX by utilizing its blockchain technology enabling highly secure, transparent, and reliable data sharing; its hybrid cloud technology for building an agile and flexible IT environment linking a cloud and existing systems; and its AI technology enabling visualization, automation and optimization of a value chain.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)

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NEC Orchestrating Future Fund, an Ecosystem-type CVC Fund, Completes Final Close for US$140 Million

TOKYO, Nov 30, 2022 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (TSE: 6701) has completed the final close of the "NEC Orchestrating Future Fund"(1), an ecosystem-type corporate venture capital (CVC) fund established in December 2021 for US$140 million (approximately 20 billion yen). This CVC fund was made possible through investments from NTT FINANCE CORPORATION, Mitsui Sumitomo Insurance Company, Limited, Sumitomo Mitsui Trust Bank, Limited, Fund Corporation for the Overseas Development of Japan's ICT and Postal Services Inc., and Japan Industrial Partners, Inc., which share NEC's vision of the future.NEC will accelerate the creation of new social value through co-creation with international and domestic startups that pioneer new markets with cutting-edge technologies and innovative business models.This CVC fund has been scouting startups for co-creation in the global market with the aim of realizing five social visions: "City" as a place for people's activities, "Communication" to connect people and goods, "Business" to support industry and society and fulfill one's purpose for being, "Environment" and "Life" as a way of life. As of November 2022, the fund has invested in two startup companies and has launched initiatives to create new social value, including a collaboration with SINAI Technologies Inc. in the decarbonization business.Everestlabs.AI provides high value-added solutions for increasing recovery and use of recyclable resources through AI and automation that support the realization of the circular economySINAI Technologies Inc. provides end-to-end CO2 calculation and decarbonization intelligence solutions, from reporting to reduction of greenhouse gas emissions"NEC aims to create social value under the motto 'Let's bring amazing ideas to life, together', and through this CVC Fund, NEC is seeking to realize "insight into the future". The Fund bundles investments by various investors and invests in startups with promising growth based on the judgement of the General Partner. Going forward, we will continue to accelerate initiatives in support of the 'NEC 2030VISION'(2), our vision for the future of society, through the collaboration among well-established companies, institutions, and startups," said Masamitsu Kitase, Senior Vice President, NEC Corporation.(1) Registered as: NEC AND TRANSLINK ORCHESTRATING FUTURE FUND, L.P.(2) About the NEC 2030VISIONwww.nec.com/en/global/about/vision/index.htmlAbout NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Global Innovation & Value Summit (GIVS2022): Why ESG Evaluation Matters, to be held November 18

KYOTO, Japan, Nov 17, 2022 - (JCN Newswire via SEAPRWire.com) - Opening the COP27 Conference, UN Secretary-General Antonio Guterres chided world leaders about their ongoing inaction, warning that immediate, real and tangible action is required to address the climate crisis, or "we are on the highway to hell, with our foot on the accelerator."IAFOR GIVS Symposium 2022 to be held on November 18: https://givs.iafor.org/ According to Prof. Philip Sugai, Director of the Value Research Center (VRC) in Kyoto, Japan, "Corporations are now pressed to answer to a more diverse group of stakeholders, and while there are more than a hundred different types of ESG (Environment, Social, and Governance) evaluation and reporting systems, none yet offer the guidance and strategic value to businesses that are required to address the many complex issues facing business leaders today."The 2022 IAFOR Global Innovation and Value Summit (GIVS) is focused on providing one possible offramp from Guterres's highway to hell, showcasing a new approach to measure and monitor the value created and destroyed by companies irrespective of their size, industry or location. The Value Model offers a powerful alternative to currently available ESG evaluation systems (ie MSCI, Bloomberg and FTSE4Good) with a new, more holistic approach for measuring, managing and creating value for a diverse group of stakeholders not yet found in any single existing ESG or sustainability reporting framework. The 2022 GIVS event, "The Future of ESG and Value: Why ESG Evaluation Matters", will include two panel sessions in the areas of sustainability, purpose, and value. Prof. Toshiya Hoshino, Director, ESG-Integration Research and Education Center (ESG-IREC) at Osaka University's Osaka School of International Public Policy (OSIPP) and former Ambassador and Deputy Permanent Representative of Japan to the United Nations, will deliver the keynote speech. Having attended COP27 in Sharm el-Sheikh, Egypt, he will bring to the Symposium valuable insights on the difficult international negotiations at the COP27 conference.The first panel session will cover critical issues that business leaders, regulators and policy makers need to focus on over the coming 12-24 months related to the implementation of ESG and sustainability within their organizations, and introduces the VRC Value Model. The second panel will explain the VRC Value Model and introduce the Value Model certification course.The full agenda for the 2022 IAFOR GIVS event ( https://givs.iafor.org/ ) is as follows:13:00-13:30: Keynote Address - Prof. Toshiya Hoshino, Director, ESG-Integration Research and Education Center, Osaka School of International Public Policy (OSIPP), Osaka University 13:30-15:00: Session 1 - Moderator: Prof. Haruko Satoh, OSIPP; Value Measurement & Sustainability, Challenges & Opportunities (15 min presentation each, 30-minute discussion)- Speaker 1: Mr. Paul Beddie, International Ambassador, SAP - Speaker 2: Dr. Flocy Joseph, Singapore Management University- Speaker 3: Prof. Philip Sugai, Value Research Center (VRC), Doshisha University, Kyoto, Japan15:00-15:15: Break15:15-16:45: Session 2 - Introducing the Value Model and Value Model Certification Program- Speaker 1: Prof. Philip Sugai, Value Research Center (VRC)- Speaker 2: Dr. Kumar Iyer (VRC)- Speaker 3: Seitaro Owada (EcoRing)16:45-17:00: Concluding address - Mr. Setsu Mori, CEO & Editor-in-Chief, Alterna MagazineThis course will be provided by the Value Research Center, in collaboration with the ESG-Integration Research and Education Center (ESG-IREC) at Osaka University's Osaka School of International Public Policy (OSIPP), as well as the VRC Juku, a new membership organization dedicated to thought leadership in value creation and measurement, with D-Bridge, a non-profit organization at Doshisha University (Kyoto, Japan).The time for action to attain UN Sustainable Development Goals (SDGs) is growing more critical every day. As neoliberal capitalism's excessive focus on company and shareholders' profits is increasingly identified as a major driver of environmental destruction as well as a host of social and economic inequality issues, today's business leaders are evaluated not only on their ability to create profitable outcomes, but to do so while simultaneously delivering real, tangible value for the other stakeholders, which include customers, employees, partners, society and ultimately the planet.About IAFORFounded in 2009, The International Academic Forum (IAFOR) is a politically independent non-partisan and non-profit interdisciplinary think tank, conference organiser and publisher dedicated to discussion, awareness and exchange through educational interaction and academic research. Based in Nagoya, Japan, its research centre is in the Osaka School of International Public Policy (OSIPP), Osaka University. Visit https://iafor.org/.About VRCThe Value Research Center (VRC) at Doshisha University in Kyoto, Japan was established in November 2021. Its mission: to develop a practical system called The Value Model, enabling organizations to measure, monitor, assess and report on their impacts to 7 key stakeholders: the organization itself, its shareholders, employees, customers, partners, society, and the planet.The VRC enhances The Value Model continuously, integrating new frameworks as they are introduced, bringing greater transparency, objectivity and measurability to value creation - in ways we don't often see. The VRC Value Model gives government and industry the eyes to see impacts they're actually having, and the ability to fix what's broken, and enhance what they're doing well. Visit www.valueresearchcenter.com.About ESG-IRECThe Osaka University Graduate School of International Public Policy - ESG Integration Research and Education Center (ESG-IREC) conducts research on practical implementable "ESG integration" models in corporate and business activities for the creation of a more sustainable future. Visit www.osipp.osaka-u.ac.jp/en/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Seiryoku Zenyo, Jita Kyoei spirit is fundamental to Value Creation

KYOTO, Japan, Sep 24, 2022 - (JCN Newswire via SEAPRWire.com) - Those in power have a choice, whether to use that power for their own benefit at the expense of all others or to use that power to help society constantly improve for the betterment of all. Based on which of these choices they make, the social impact of their efforts will change drastically. As the world faces increasingly complex challenges, the belief that one country, company or individual should win at the expense of others continues to be at the heart of our collective thinking about competition. But what if there was a different way? "The Japanese martial arts, or "Bu-do" in Japanese, are different from traditional sports, because their ultimate goal is to build the character of those who practice," says Yoshie Sugai, Founder of Chiseikan Dojo in Kyoto, Japan. "In doing so, Budo was created to nurture leaders who can lead society toward prosperity and peace, rather than dominating others for individual gain."Yoshie Sugai will present these ideas as part of a larger panel discussion on value creation and sustainability, convened by the Value Research Center (VRC) at Doshisha University for the United Nations General Assembly 77 (UNGA77) Science Summit on Monday, September 26th from 09:00 - 11:30 AM EST. Sugai will speak in the final panel of the "Valuing Value: How any organization can measure stakeholder value" session. She will include insights into the role of "Do" within Japanese culture, and how the actual application of "Seiryoku Zenyo, Jita Kyoei" principles by Minoru Mochizuki-sensei led to unexpected positive results for hundreds of thousands of people. She hopes to spark similar applications of the philosophy, and the fullest use of our energy for the mutual benefit of our communities, societies and countries globally."The idea that those in power have a responsibility to foster prosperity across all of their stakeholders is at the heart of what the VRC will be presenting at this year's UNGA Science Summit," said Dr Masato Yamazaki, Professor Emeritus at Aquinas College in Michigan. "Yoshie Sugai-sensei's introduction of the philosophy of 'Seiryoku Zenyo, Jita Kyoei' from Jigoro Kano, the founder of Judo, and his student and founder of Yoseikan Budo, Minoru Mochizuki, is critically important to anyone who is serious about value creation in business or government. Without the moral and ethical foundation that Yoshie will introduce, value creation efforts are bound to fail."Free registration for the UNGA77 Science Summit, and further information on the Valuing Value workshop are available at https://sched.co/1AWkD.About Chiseikan Dojo (Aikido in Kyoto)Chiseikan Dojo was founded in Kyoto Japan in April 2021. It is built upon a foundation of Aikido which integrates techniques and forms from other Japanese martial arts including karate, judo, jujutsu, and iaido. Chiseikan Dojo also teaches the underlying philosophy of the Japanese martial arts to all students, including children and adults. Chiseikan Dojo teaches the Nenshinryu Budo style which was founded by Toru Kinefuchi-sensei, a live-in student of Minoru Mochizuki-sensei, who held advanced black belts in multiple Japanese martial arts styles and was awarded the French Legion d'Honneur for spreading the martial arts throughout France.Visit online www.aikidoinkyoto.com, or Email: info@aikidoinkyoto.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Value Research Center (VRC) publishes August White Paper: The VRC Value Model & EFRAG

KYOTO, Japan, Sep 6, 2022 - (ACN Newswire via SEAPRWire.com) - Companies and sustainability teams need a new model for measuring and managing stakeholder impacts, as claims of corporate greenwashing and value washing increase daily. The Value Research Center (VRC) at Doshisha University in Kyoto, Japan has announced the publication of its 2022 August White Paper, focusing on the European Financial Reporting Advisory Group (EFRAG's) latest disclosure drafts for sustainability reporting, and how this model aligns with and deepens the overall quality of the VRC Value Model.The Value Research Center (VRC) publishes 2022 August White Paper: The Value Model & EFRAGAccording to Professor Philip Sugai, Director of the Value Research Center, "After integrating EFRAG's 114 draft disclosure requirements into the VRC Value Model, we were impressed with the scope of EFRAG's coverage of many of the Value Model's stakeholders, themes and goals. Especially with their push for companies to document their impacts using 'double materiality', we see a shift towards greater understanding of business decisions on individual stakeholder groups."SAP Japan International Ambassador Paul Beddie said, "The VRC In Kyoto has been working to organize the world's top ESG and Sustainability Reporting frameworks into a goal-based, value creation model that will help companies to create value across their key stakeholders. Companies around the world are in desperate need of a way to consolidate the alphabet soup of standards to reduce their workload on ESG reporting and focus more on the critical ESG outcomes they transformed their businesses to achieve. "The VRC's Value Model is a very effective tool for doing just that. The additional integration of the draft reporting standards from EFRAG should also help companies doing business in the EU to align their disclosures with the EU Taxonomy."With the publication of the August White Paper, the VRC will begin to collaborate with several of the world's leading companies in adopting the VRC Value Model, applying it to their own ESG and sustainability reporting requirements, and creating forward-looking sustainability strategies rather than backwards-focused disclosures.Professor Sugai will be hosting a session at the UNGA77 Science Summit, where he will discuss the VRC Value Model and its broader practical applications, together with a panel of experts from academia, government, and business.The UNGA77 Science Summit session, "Valuing Value: How any Organization Can Measure Stakeholder Value and "Ethical Capitalism" (https://ssunga77.sched.com/event/1AWkD), will be held on Sept 26 from 9:00 to 11:30 AM EST. Registration for the complete UNGA77 Science Summit is free and available at https://ssunga77.sched.com/tickets.The "2022 August White Paper: The Value Model & EFRAG" is available for download at the Value Research Center website: www.valueresearchcenter.com/publications.For more information about the Value Research Center and its projects, please visit: www.valueresearchcenter.com, or email Professor Philip Sugai at: info@valueresearchcenter.com .About the Value Research CenterThe Value Research Center (VRC) at Doshisha University in Kyoto, Japan was established in November 2021. Its mission: to develop a practical system for organizations to measure, monitor, assess and report on the impacts that they have on various stakeholder groups.The VRC continues to enhance its Value Model, integrating new frameworks as they're introduced, bringing greater transparency, objectivity and measurability to value creation - in ways we didn't see. The VRC Value Model gives government and industry eyes to see the impacts they're actually having, to fix what's broken, and enhance what they're doing well. For more information, visit www.valueresearchcenter.com. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Teijin and Fujitsu Agree to Jointly Develop Blockchain-based Commercial Platform to Promote Sustainable Use of Recycled Materials

TOKYO, Jul 12, 2022 - (JCN Newswire via SEAPRWire.com) - Teijin Limited (hereinafter Teijin) and Fujitsu Limited today launched a joint project to realize a blockchain-based commercial platform for enhancing the environmental value of recycled materials for manufacturers. The collaboration will promote environmentally conscious design(1) by leveraging Teijin's Life Cycle Assessment (LCA) Calculation Method for measuring the environmental impact of manufacturing processes across the value chain, as well as Fujitsu's blockchain technology to collect and track primary data on environmental impact (including GHG emissions) to deliver reliable, transparent traceability.Image of platform for enhancing the environmental value of recycled materialsThe new platform will promote the use of recycled materials and environmentally friendly designs by providing manufacturers who design products from recycled materials with accurate information about their environmental footprint, including proof of origin of recycled materials and data on GHG emissions.This joint effort demonstrates the two companies' commitment to contributing to the realization of the common global goal of a carbon-neutral future for humanity.BackgroundMeasuring and reducing the environmental impact of manufacturing processes as well as enhancing the environmental value of recycled materials represents an ongoing challenge for players in the manufacturing industry.To this end, manufacturers are increasingly introducing LCA throughout the life cycle of products, disclosing evaluation results, and taking proactive measures to obtain environmental labels(2) as part of their environmental impact management strategies. The introduction of stricter environmental regulations in Europe in particular requires companies to not only adjust to additional requirements in the manufacturing process, but also to focus on environmentally friendly designs and materials. In particular, fiber reinforced plastics (FRP), which are increasingly used for industrial purposes particularly in the transportation field such as aircraft and electric vehicles (EVs), will require more advanced, environmentally conscious design efforts in the future.To achieve these goals, both the government and the private sector are actively working to regulate waste disposal and develop improved recycling technologies. However, transparency and traceability of recycled materials remain an ongoing challenge, and demand for solutions for reliable information management is expected to grow amidst trends to institutionalize the verification of the usage of recycled resources.To address this issue, Teijin and Fujitsu started collaboration on a blockchain-based commercial platform to promote sustainable use of recycled materials and provide manufacturers with reliable and transparent information on the origin of recycled resources and data on GHG emissions.Outline of the joint projectTeijin has established a method for calculating greenhouse gas (GHG) emissions from carbon fiber and aramid fiber manufacturing processes and is also promoting initiatives related to FRP recycling. Fujitsu has a strong track record in building systems using blockchain technologies that ensure high transparency and traceability and makes it virtually impossible to falsify information.Features of the new platform- The new platform will improve the reliability and the environmental value of recycled materials by leveraging Fujitsu's blockchain technology to collect and trace primary data on environmental impact (including GHG emissions) across the value-chain- The new platform will promote the use of recycled materials and environmentally friendly designs by providing manufacturers who design products from recycled materials with environmental impact information, including proof of origin of recycled materials and highly reliable GHG emissionsFuture plansAs a first step in their collaboration, Teijin and Fujitsu will start full-scale trials with the aim of realizing business in the FRP field within fiscal 2022. Based on the results of these trials, the two companies will consider expanding the scope of the project for other types of materials.Moving forward, Teijin and Fujitsu will continue to contribute to the materials industry as a starting point for the realization of a "circular economy" and will promote environmentally conscious design in society by promoting the use of reliable recycled materials.The two parties will further promote discussions and field trials with partner companies and organizations that support this initiative to contribute to the realization of carbon neutrality on a corporate and global level.In order to realize a sustainable society, Teijin will provide innovative, people-centered solutions that improve peoples' quality of life. Teijin will further strive to mitigate the impact of its business activities on the environment and society to realize its long-term vision "to be a company that supports the society of the future." Fujitsu is promoting "Sustainable Manufacturing" to achieve growth through the coexistence of people and the earth as one of its key focus areas under its global business brand, Fujitsu Uvance.(1) Environmentally conscious design:Design that takes into account the entire life cycle of a product and aims to reduce its environmental impact(2) Environmental label:A mark that informs purchasers of how products and services contribute to the reduction of environmental impactAbout the Teijin GroupTeijin (TSE: 3401) is a technology-driven global group offering advanced solutions in the fields of environmental value; safety, security and disaster mitigation; and demographic change and increased health consciousness. Originally established as Japan's first rayon manufacturer in 1918, Teijin has evolved into a unique enterprise encompassing three core business domains: high-performance materials including aramid, carbon fibers and composites, and also resin and plastic processing, films, polyester fibers and products converting; healthcare including pharmaceuticals and home healthcare equipment for bone/joint, respiratory and cardiovascular/metabolic diseases, nursing care and pre-symptomatic healthcare; and IT including B2B solutions for medical, corporate and public systems as well as packaged software and B2C online services for digital entertainment. Deeply committed to its stakeholders, as expressed in the brand statement "Human Chemistry, Human Solutions," Teijin aims to be a company that supports the society of the future. The group comprises some 170 companies and employs some 20,000 people across 20 countries worldwide. Teijin posted consolidated sales of JPY 926.1 billion (USD 7.2 billion) and total assets of JPY 1,207.6 billion (USD 9.4 billion) in the fiscal year that ended on March 31, 2022. Please visit www.teijin.comAbout FujitsuFujitsu's purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$32 billion) for the fiscal year ended March 31, 2022 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com. Copyright 2022 JCN Newswire. All rights reserved. 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MHI Invests in Electric Hydrogen, a U.S. Startup, to Accelerate Efforts to Produce Clean Hydrogen at Scale

TOKYO, Jun 23, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) announced today that it has invested in Electric Hydrogen (EH2), a clean hydrogen startup headquartered in Natick, Massachusetts, to support its efforts in developing cost-competitive, fossil-free hydrogen. Through this investment, MHI aims to strengthen and diversify its hydrogen value chain, advance its energy transition business, and act on its commitment toward global carbon neutrality goals. The investment has been executed through Mitsubishi Heavy Industries America, Inc. (MHIA), which joins a consortium of investors including Breakthrough Energy Ventures, Equinor, Amazon, Honeywell, and Rio Tinto."No single company can provide needed technology to achieve global decarbonization, which is why we recognize the importance of investing in and enabling companies like Electric Hydrogen to develop new solutions," said Takajiro Ishikawa, President and CEO of MHIA.EH2's patented approach to electrolysis - the process of producing hydrogen from electricity and water - is specially designed for the high-volume, low-cost production required to support massive industrial operations, which could significantly improve the levelized cost of hydrogen.This investment will support the scale-up of EH2's high electrolyzer technology and its use in the manufacturing, and deployment of pilot projects to produce fossil-free hydrogen (also known as "green hydrogen") at large scale for industrial and infrastructure applications.Industries not amenable to electrification, such as steel, fertilizer and intercontinental energy transport, account for more than a third of the world's total greenhouse gas emissions, according to EH2. Hydrogen, when produced in places with abundant and clean electricity, is a promising pathway for decarbonizing these industries.MHI is working to build a hydrogen value chain through its proprietary technologies, plus investment and collaboration with companies such as EH2.About Electric HydrogenElectric Hydrogen (EH2) is a deep decarbonization company pioneering new technology for low-cost, high-efficiency, fossil-free hydrogen systems. Focusing on industrial applications of hydrogen in steel, ammonia and freight transport, EH2's goal is to help eliminate more than 30% of global GHG emissions from hard-to-electrify industries. Their leadership team has revolutionized other clean energy sectors at Tesla and First Solar and they are backed by world-class climate tech investors like Breakthrough Energy Ventures, Prelude Ventures, Capricorn Investment Group, Energy Impact Partners, Fifth Wall Climate Tech and S2G Ventures. The company also benefits from partnerships with strategic investors that are leaders in their target sectors, including Amazon Decarbonization Fund, Cosan, Equinor, Honeywell, Mitsubishi Heavy Industries and Rio Tinto.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Eisai Publishes Potential Economic Value of Investigational Lecanemab in Peer-Reviewed Neurology and Therapy Journal

TOKYO, Jun 22, 2022 - (JCN Newswire via SEAPRWire.com) - Eisai Co., Ltd. today announced publication of results from an early phase evaluation that aimed to estimate potential economic value of its investigational anti-amyloid-beta (Abeta) protofibril antibody lecanemab in people living with early Alzheimer's disease (AD) using a validated disease simulation model, AD Archimedes Condition Event (AD ACE) model1,2,3 from the healthcare payer and societal perspectives in the United States, in the peer-reviewed journal Neurology and Therapy. This is the second publication of lecanemab's potential value. It follows the evaluation of the long-term health outcomes using simulation modeling of lecanemab published in Neurology and Therapy in April 2022.4 While the healthcare payer perspective focuses on direct care costs (e.g., outpatient and inpatient services, medications, intervention costs, nursing home and home healthcare services), the societal perspective further considers societal costs (e.g., productivity loss and informal care costs). As reported in the previous publication, it was suggested that compared to standard of care* (SoC), individuals treated with lecanemab in addition to SoC (lecanemab+SoC) may potentially experience slower disease progression to mild, moderate and severe AD from baseline by 2.51, 3.13 and 2.34 years on average, respectively. The preliminary results of this model-based simulation could possibly translate into additional quality-adjusted life years (QALY**) and reduction in the formal and informal care costs***. Additionally, the AD ACE model framework used in this study allowed assessment of the potential value of lecanemab in different scenarios and sensitivity analyses, including the impact of patient subsets, alternative treatment stopping rules**** and potential dosing regimens as well as major sources of uncertainty. Eisai is committed to conducting and sharing these types of clinical and socioeconomic analyses to establish trust as we work to potentially bring lecanemab to people living with early AD who have confirmed presence of amyloid pathology in the brain. To that end, Eisai would like to provide a common foundation for stakeholders' discourse regarding the potential clinical and socioeconomic value of lecanemab from the societal perspective, not to assign a price for lecanemab at this time. This model-based simulation was conducted using the results of a Phase 2b clinical trial (Study 201) evaluating the efficacy and safety of lecanemab for early AD with confirmed amyloid pathology as well as published literature. It also estimated the potential economic value of lecanemab+SoC over a broad range of willingness-to-pay thresholds from $50,000 to $200,000 per QALY gained as recommended by the Institute for Clinical and Economic Review (ICER)*****. Lecanemab+SoC was predicted to result in a gain of 0.61 QALYs and a decrease in total non-treatment costs of $8,707 per person from the healthcare payer perspective (Societal perspective: 0.64 QALYs gain and $11,214 decrease) compared to the SoC for patients with early AD who have confirmed presence of amyloid pathology. The potential annual value-based price (VBP) of lecanemab was estimated at $9,249 to $35,605 (Societal perspective: $10,400 to $38,053) based on this early economic assessment. ICER's value framework5 indicates that value cannot be wholly derived from measures of clinical and cost-effectiveness, so contextual considerations and an examination of other benefits and disadvantages are also added into the framework when assessing long-term value. This may lead to using the societal perspective and higher end of the broad range of willingness-to-pay threshold in estimating the justifiable price of lecanemab, given the large societal burden of AD relative to direct healthcare costs. Many people living with AD received informal care from their family and friends totaling more than 16 billion hours of unpaid care valued at $271.6 billion in the U.S. in 2021.6 These predicted and simulated findings suggest that early treatment with lecanemab may reduce these costs and economic burdens, and provide insights for healthcare decision-makers regarding the potential clinical and socioeconomic value of lecanemab. The Phase 3 lecanemab Clarity AD data will soon be available to inform the model inputs and refine the findings. In the event that lecanemab receives the U.S. Food and Drug Administration's (FDA) approval, Eisai may determine a VBP using this framework along with other considerations, such as affordability, health system sustainability, etc. "Eisai's goal is to create therapies, such as our investigational anti-amyloid beta protofibril antibody lecanemab, that may help impact the anxieties of people living with Alzheimer's disease and their families. For Alzheimer's disease, it is important to evaluate the holistic value of therapies taking into account not only medical costs but also the immense societal costs," said Ivan Cheung, Senior Vice President, President Neurology Business Group and Global Alzheimer's Disease Officer, Eisai Co., Ltd., Chairman and CEO, Eisai Inc. "As part of Eisai's commitment to our human health care mission, trust and transparency, we will continue to publish data and information about lecanemab and look forward to sharing the results of the lecanemab confirmatory Phase 3 Clarity AD clinical trial this fall." Eisai completed lecanemab's rolling submission of a Biologics License Application (BLA) for the treatment of early AD to the FDA under the accelerated approval pathway in May 2022. The Clarity AD Phase 3 clinical study for lecanemab in early AD is ongoing and completed enrollment in March 2021 with 1,795 patients. The readout of the primary endpoint data of Clarity AD will occur in the fall of 2022. The FDA has agreed that the results of Clarity AD, when completed, can serve as the confirmatory study to verify the clinical benefit of lecanemab. Dependent upon the results of the Clarity AD clinical trial, Eisai may submit for full approval of lecanemab to the FDA during Eisai's fiscal year 2022, which ends in March2023. In Japan, in March 2022, Eisai initiated submission of application data to the Pharmaceuticals and Medical Devices Agency (PMDA) under the prior assessment consultation system with the goal of obtaining early approval for lecanemab, and aims to file for the manufacturing and marketing approval based on the results of Clarity AD during Eisai's fiscal year 2022. Also, in Europe, based on the results of the Clarity AD study, Eisai plans to submit a new drug application in fiscal year 2022. This release discusses investigational uses of an agent in development and is not intended to convey conclusions about efficacy or safety. There is no guarantee that such an investigational agent will successfully complete clinical development or gain health authority approval. * Standard of Care (SoC) for AD currently consists of lifestyle modifications and pharmacologic treatment of symptoms.** The quality-adjusted life year (QALY) is a measure of the value of health outcomes. Since health is a function of length of life (i.e., quantity) and quality of life (QOL), the QALY was developed as an attempt to combine the value of these attributes into a single index number. One QALY equates to one year in perfect health. QALY scores range from 1 (full health) to 0 (dead). For example, a new intervention may increase length of life by 3 years and improve quality of life by 70% (QALY score of 2.1) compared to an existing intervention that may increase length of life by 3 years and only improve QOL by 50% (QALY score of 1.5), the incremental QALY for this new intervention will be 0.6 QALYs.*** Formal and informal care costs do not include lecanemab drug cost.**** Alternative treatment stopping rules were explored in scenario analyses where treatment with lecanemab was stopped after a fixed duration of 1.5, 3 and 5 years.***** ICER is a non-profit research organization in the U.S. that evaluates the evidence on the clinical and economic value of prescription drugs, medical tests, devices and health system delivery innovations. 1 Kansal AR, Tafazzoli A, Ishak KJ, Krotneva S. Alzheimer's disease Archimedes condition-event simulator: Development and validation. Alzheimers Dement (NY). 2018;4:76-88. Published 2018 Feb 16. doi:10.1016/j.trci.2018.01.001.2) Tafazzoli and Kansal. Disease simulation in drug development, External validation confirms benefit in decision making. The Evidence Forum. 2018. bit.ly/3NgEeDD(3) Tafazzoli A, Weng J, Sutton K, et al. Validating simulated cognition trajectories based on ADNI against 436 trajectories from the National Alzheimer's Coordinating Center (NACC) dataset. 11th edition of Clinical Trials on 437 Alzheimer's Disease (CTAD); Barcelona, Spain: 2018.(4) Tahami Monfared AA, Tafazzoli A, Ye W, Chavan A, Zhang Q. Long-Term Health Outcomes of Lecanemab in Patients with Early Alzheimer's Disease Using Simulation Modeling. Neurol Ther 11, 863-880 (2022). https://link.springer.com/article/10.1007/s40120-022-00350-y.(5) ICER Value Framework 2020-2023. 2022. bit.ly/39HjYO3(6) Alzheimer's Association. 2022 Alzheimer's Disease Facts and Figures 2022 Available from: bit.ly/3bkCR9VMedia Inquiries:Public Relations Department,Eisai Co., Ltd.+81-(0)3-3817-5120 Eisai Inc. USLibby HolmanLibby_Holman@Eisai.com201-753-1945 Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Fujitsu and IHI Start Joint Project on New Environmental Value Distribution Platform Using Blockchain Technology

TOKYO, Apr 12, 2022 - (JCN Newswire via SEAPRWire.com) - IHI Corporation (hereinafter IHI) and Fujitsu Limited today announced the launch of a joint project on environmental value trading(1) starting April 1, 2022, with the aim of contributing to the realization of a carbon-neutral society and to revitalize the market of environmental value trading ecosystems.Market image utilizing the newly developed environmental value distribution platformUnder this joint project, IHI and Fujitsu will work toward the commercialization and promotion of an environmental value distribution platform by leveraging their business knowledge in blockchain technology and carbon neutrality solutions. The two parties will issue environmental value "tokens"(2) based on data on the reduction of CO2 emissions collected through IHI's IoT platform "ILIPS" (IHI group Lifecycle Partner System)(3) and establish a platform for distributing these tokens to the environmental value trading market by leveraging Fujitsu's "ConnectionChain" security technology to interconnect various blockchains.Through this new platform, the two companies aim to support an efficient distribution of environmental value and the reduction of CO2 emissions generated by companies around the world, and contribute to the realization of the common global goal of a carbon-neutral society.BackgroundThe trading of environmental values such as carbon credits(4) has been gaining increasing attention as it constitutes a cost-efficient means of reducing CO2 emissions and supports various countries and companies in their efforts to contribute to the realization of a carbon neutral society.At the same time, the expansion of the distribution volume of carbon credits on the market represents an urgent issue in efforts to bolster environmental value trading. Currently, international initiatives including TSVCM(5), a taskforce working to scale voluntary carbon markets, are promoting measures to expand the scale of transactions and standardize trading systems for carbon credits. Public and private sectors in Japan are further promoting the use of carbon credits through measures including the "J-Credit Scheme," a system in which the Japanese government certifies the amount of CO2 emissions reduced through measures including the promotion of renewable energy and forest management. These measures shall offer individuals and small and medium sized companies new opportunities to create environmental value, digitize the creation and utilization process of environmental value, create a trading market and ultimately expand the supply and demand of environmental value to improve the institutional environment.Current initiatives of the two companiesAs part of its initiatives to go carbon neutral, IHI is utilizing its IoT platform "ILIPS" to calculate the amount of CO2 emissions and reductions(6) from operation data of its equipment and facilities. It has additionally started deployment of a digital platform for the visualization and creation of environmental value using blockchain technology in February 2022.Fujitsu is providing its "ConnectionChain" blockchain technology to interconnect multiple ecosystems consisting of blockchains and other technologies, that is expected to serve as the basis for environmental value trading. ConnectionChain leverages Hyperledger Cactus, an open source software (OSS) project for secure and reliable integration between multiple blockchain platforms hosted by Hyperledger Foundation. Fujitsu has been contributing to the development efforts for "Hyperledger Cactus"(7) since its inception in 2020. Through these efforts, Fujitsu aims to establish a business platform that enables seamless and efficient commercial transactions of a variety of digital assets including environmental values, as well as crypto assets and STOs(8) which are gaining increased attention.Outline of the joint projectWithin this joint project, IHI and Fujitsu will construct a new system that leverages IHI's ILIPS platform to calculate the amount of CO2 emission reductions and Fujitsu's ConnectionChain blockchain technology to distribute tokens as high-reliable digital assets to the environmental value trading market. In this way, IHI and Fujitsu aim to launch a new platform for the efficient distribution of environmental value on a global scale and will work to expand the market for environmental value trading. At this end, the two companies will promote the application of digital technologies in the process of creating, managing, and trading environmental value tokens, and aim to create a sustainable value chain model in which funds can be reliably delivered to companies that are engaged in environmental contribution initiatives including the use of green energies and measures to reduce their CO2 emissions.Prior to this project, the two companies conducted and completed demonstration trials on linking IHI's ILIPS platform to Fujitsu ConnectionChain to distribute tokens to the environmental value trading market in the end of March 2022.Future PlansMoving forward, the two companies aim to realize an environmental value distribution platform by the end of fiscal 2022 and will further promote discussions and demonstration projects with partner companies, related ministries, agencies, and organizations that support this initiative with the goal to contribute to effective and concrete actions toward a carbon neutral society.(1) Environmental value trading:Measurement and certification of the reduction, absorption, or removal of CO2 and other emissions with the goal to create tradeable values based on decarbonization results.(2) Tokens:Digitized rights and assets issued independently by companies and organizations using blockchain technology.(3) ILIPS:Common platform for IHI Group products that integrates data on equipment and facilities into cloud servers for use in life cycle business with the aim of enhancing IHI Group products and services.(4) Carbon credit:One representative example of environmental value. Tradeable certificates of greenhouse gas reductions.(5) TSVCM:"The Taskforce on Scaling Voluntary Carbon Markets". International initiative led by the private sector to expand the scale of the carbon credit market.(6) Calculation of CO2 emissions/reductions:Calculations are based on fuel consumption, electric power consumption and a smart contract using methodologies of the J-Credit system and emission factors preset by the Japanese Ministry of the Environment.(7) Hyperledger Cactus:OSS development project to integrate different blockchain platforms hosted by Hyperledger Foundation, the open, global ecosystem for enterprise blockchain technologies.(8) STO:"Security Token Offering". Project to raise money mainly on stocks and other bonds; issues and sells its own currency "security token" to qualified investors to raise funds.About FujitsuFujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 126,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$34 billion) for the fiscal year ended March 31, 2021. For more information, please see www.fujitsu.com.About IHIIHI Corporation is a Japanese comprehensive heavy-industry manufacturer working to create value for customers in four main areas; Resource, Energy and Environment; Social Infrastructure and Offshore Facilities; Industrial Systems and General-purpose Machinery and Aero Engine, Space and Defense. Under the management philosophy of "Contribute to the development of society through technology," IHI leverages its engineering capabilities centered on "Monozukuri" technology in promoting initiatives to contribute to resolving such social issues as becoming carbon-free, preventing and mitigating disasters, and enriching lives of all people in order to create a world where nature and technology work in unity. For more information, please see https://www.ihi.co.jp/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Value Research Center (VRC) develops Value Model integrating ESG and Sustainability Measures

KYOTO, Japan, Mar 24, 2022 - (JCN Newswire via SEAPRWire.com) - The Value Research Center (VRC) has launched an integrated Value Model of ESG and Sustainability measures in a new white paper issued today. With the shift from short term, profit-focused thinking towards long-term, sustainable, value-focused thinking, businesses globally need to answer a fundamental question: "What value are you providing our collective future?"A Value Model for Responsible Business: The new Value Research Center (VRC) white paper was officially released today. The VRC initiative is aimed at improving company performance and social impact.VRC at Doshisha University was established in November 2021 to develop a Value Model that could guide any company to answer this question, so ensuring a more sustainable future. The VRC published its initial white paper, "Valuing Value", in June 2021, integrating 357 impact measurements from 15 of the world's top ESG and sustainability frameworks and developing a 7-stakeholder, 27-theme, 80-goal model to help businesses objectively and transparently measure and manage the value impacts that they have on their key stakeholders. The VRC's new white paper entitled "A Value Model for Responsible Business", integrates an additional 346 impact measurements from 6 new frameworks into the initial model. These 6 frameworks include the International Sustainability Standards Board (ISSB) Prototype Climate-related disclosures; Task Force on Climate-related Financial Disclosure (TCFD) guidance on metrics, targets and transition plans; Stockholm Resilience Center's Planetary Boundaries; United Nations Development Program (UNDP) SDG Impact Standards for Enterprises; International Finance Corporation (IFC) Performance Standards; and Science Based Targets initiative (SBTi) climate disclosures. Professor Philip Sugai, Director of the VRC, says "Our team analyzed hundreds of existing impact measurements and organized these into 27 common themes with 81 goals that any company, regardless of size, industry or location can use to measure, manage and use to consistently increase the value they create for stakeholders. Unlike existing ESG or sustainability reporting models, the VRC Value Model offers companies the ability to track their actual stakeholder impacts, using this data to create forward-looking strategies aimed at further increasing the value they create for and with these stakeholders."Masato Yamazaki, Professor Emeritus of Economics at Aquinas College, Grand Rapids, Michigan, and VRC operating council member, said "The Value Model that our VRC research team offers is a more advanced approach than any other sustainability model or approach in existence today, since it can automatically help identify the root causes of the problems companies face via well-developed assessment tools.""What is needed in sustainability efforts today goes beyond simple reporting," says Dr. Kumar Iyer, Mentor for Value Creation and VRC operating council member. "The VRC Value Model is based on objective metrics and quantifiable indicators which can be independently verified. This is uniquely different from any other sustainability reporting approach as it is directly linked to creating social impact."The white paper is available at the VRC website: https://www.valueresearchcenter.com/2022whitepaperAbout the Value Research Center (VRC)The Value Research Center (VRC) was officially established at Doshisha University in Kyoto, Japan in 2021. The VRC is mandated to research and develop an open, accessible and transparent system for assessing and reporting on value creation (destruction) impacts that organizations of every size have on seven stakeholder groups: (1) the organization itself, (2) shareholders or owners, (3) customers, (4) employees, (5) partners, (6) the society within which it operates, and (7) the planet. The VSC is not only a reporting standard. We ensure all relevant stakeholders which businesses impact are covered by assessment, and updated based on scientific data. As part of the Doshisha University network, we bear the reputation of our parent and its stature as a global organization affiliated with world leading Universities that we call partners. Learn about VRC and its research at https://www.valueresearchcenter.com, or email Prof Philip Sugai at info@valueresearchcenter.com.* Webinar, March 25 - IAFOR in discussion with VRC Director Philip SugaiDr. Joseph Haldane, Chairman & CEO of the International Academic Forum (IAFOR) will discuss the contents of this new white paper with VRC Director Prof. Philip Sugai in a Webinar on Friday, March 25, 5:00 - 6:00 pm JST, in collaboration with the new ESG-IREC Research Center at Osaka University. This webinar will be free to attend, and reservations can be made at: https://tinyurl.com/IRC-VRC-20220325About the IAFOR Research Center (IRC)The IRC aims to provide a research centre to nurture various international and interdisciplinary research policies that use the extensive networks of both Osaka University and IAFOR. https://iafor.org/.About the ESG-IREC Research CenterThe Osaka University Graduate School of International Public Policy - ESG Integration Research and Education Center (ESG-IREC) conducts research on practical implementable "ESG integration" models in corporate and business activities for the creation of a more sustainable future. https://www.osipp.osaka-u.ac.jp/en/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Value Research Center (VRC) authors Value Model integrating ESG and Sustainability Measures

KYOTO, Japan, Mar 23, 2022 - (JCN Newswire via SEAPRWire.com) - The Value Research Center (VRC) launched an integrated Value Model of ESG and Sustainability measures in a new white paper issued today. With the shift from short term, profit-focused thinking towards long-term, sustainable, value-focused thinking, businesses globally need to answer a fundamental question: "What value are you providing our collective future?"A Value Model for Responsible Business: The new Value Research Center (VRC) white paper was officially released today. The VRC initiative is aimed at improving company performance and social impact.The VRC at Doshisha University was established in November 2021 to develop a Value Model that could guide any company to answer this question, so ensuring a more sustainable future. The VRC published its initial white paper, "Valuing Value", in June 2021, integrating 357 impact measurements from 15 of the world's top ESG and sustainability frameworks and developing a 7-stakeholder, 27-theme, 80-goal model to help businesses objectively and transparently measure and manage the value impacts that they have on their key stakeholders. The VRC's new white paper entitled "A Value Model for Responsible Business", integrates an additional 346 impact measurements from 6 new frameworks into the initial model. These 6 frameworks include the International Sustainability Standards Board (ISSB) Prototype Climate-related disclosures; Task Force on Climate-related Financial Disclosure (TCFD) guidance on metrics, targets and transition plans; Stockholm Resilience Center's Planetary Boundaries; United Nations Development Program (UNDP) SDG Impact Standards for Enterprises; International Finance Corporation (IFC) Performance Standards; and Science Based Targets initiative (SBTi) climate disclosures. Professor Philip Sugai, Director of the VRC, says "Our team analyzed hundreds of existing impact measurements and organized these into 27 common themes, with 81 goals that any company, regardless of their size, industry or location can use to measure, manage and use to consistently increase the value they create for their stakeholders. Unlike existing ESG or sustainability reporting models, the VRC Value Model offers companies the ability to track their actual stakeholder impacts, using this data to create forward-looking strategies aimed at further increasing the value they create for and with these stakeholders."Masato Yamazaki, Professor Emeritus of Economics at Aquinas College, Grand Rapids, Michigan, and VRC operating council member, said "The Value Model that our VRC research team offers is a more advanced approach than any other sustainability model or approach in existence today, since it can automatically help identify the root causes of the problems companies face via well-developed assessment tools.""What is needed in sustainability efforts today goes beyond simple reporting," says Dr. Kumar Iyer, Mentor for Value Creation and VRC operating council member. "The VRC Value Model is based on objective metrics and quantifiable indicators which can be independently verified. This is uniquely different from any other sustainability reporting approach as it is directly linked to creating social impact."The white paper is available for download at the VRC website:https://www.valueresearchcenter.com/2022whitepaperAbout the Value Research Center (VRC)The Value Research Center (VRC) was officially established at Doshisha University in Kyoto, Japan in November 2021. The VRC aims to research and develop an open, accessible and transparent system for measuring, monitoring, assessing and reporting on value creation (destruction) impacts that organizations of any size make on the 7 stakeholder groups including (1) the organization itself, (2) shareholders or owners, (3) customers, (4) employees, (5) partners, (6) the society within which it operates, and (7) the planet.Learn more about the VRC and its projects at https://www.valueresearchcenter.com, or email Philip Sugai atinfo@valueresearchcenter.com * Webinar, March 25 - IAFOR discusses the white paper with VRC Director Philip SugaiDr. Joseph Haldane, Chairman & CEO of the International Academic Forum (IAFOR) will discuss the contents of this new white paper with VRC Director Prof. Philip Sugai in a Webinar on Friday, March 25, 5:00 - 6:00 pm JST, in collaboration with the new ESG-IREC Research Center at Osaka University. This webinar will be free to attend, and reservations can be made at: https://tinyurl.com/IRC-VRC-20220325About the IAFOR Research Center (IRC)IRC aims to provide a research centre to nurture various international and interdisciplinary research policies that use the extensive networks of both Osaka University and IAFOR. https://iafor.org/.About the ESG-IREC Research CenterThe Osaka University Graduate School of International Public Policy - ESG Integration Research and Education Center (ESG-IREC) conducts research on practically implemented "ESG integration" models in corporate business activities for the creation of a more sustainable future. https://www.osipp.osaka-u.ac.jp/en/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Yeahka CEO Addresses Employees on Its Future Development Plan, Establishing Strategic and Implementation Certainty

HONG KONG, Jan 5, 2022 - (ACN Newswire via SEAPRWire.com) - Yeahka Limited ("Yeahka" or the "Company") (09923.HK) founder and CEO, Luke Liu, sent an open letter to all employees via email, looking back on the 10-year history of the company and announcing its future development plan on January 3.In the email titled "Toward a More Promising Future", Luke looked back on Yeahka's transformation over the past 10 years since its inception, sharing how the Company grew from payment focused business to a comprehensive 2B business solution provider with extended product offerings including SaaS, Fintech, and other; subsequently evolved to an ecosystem with recently added In-store E-commerce business that covers both 2B and 2C markets; finally successfully transformed into a "payment-based digital commerce ecosystem". Till now, Yeahka serves nearly 7 million active merchants, with its service covering over 800 million consumers and generates nearly 100 million daily payment transactions within its ecosystem.To prepare for the increasing complexity and uncertainty of macro environment, Luke outlined Yeahka's future development blueprint in his letter, which is "upholding value creation principle, establishing strategic certainty and implementation certainty". He said that the Company's positioning and overall big picture strategy is getting clear and the Company's next steps will be the refinement of sub-strategy in the future. He also added that the strategy execution will be realized by strengthening corporate management, optimizing organizational mechanism, cultivating talents and leveraging scientific management methodologies.In relation to the Company's recent focus on the In-store E-commerce business, Luke reiterated his confidence in Yeahka's entry into the local lifestyle market. According to Yeahka's 2021 interim report, the Company has served more than 10,000 merchants with its in-store e-commerce services, with over 1.42 million paying consumers and a GMV exceeding RMB71 million. In order to further strengthen its capabilities in local lifestyle services, the Company invested RMB100 million for 60% equity of Dingding Cultural Tourism (Chengdu) Co., Ltd., expanding the scope of the Company's in-store e-commerce business.Full text of the 10th Anniversary Letter from Luke Liu, the founder and CEO of Yeahka Title: Yeahka's 10th Anniversary Letter - Toward a More Promising FutureHappy New Year, colleagues of Yeahka!In today's world where uncertainty has become a challenge, we need to keep reflecting ourself both in work and life. Thinking about the many moving pieces of the Company's businesses and what is happening with life, I want to take the opportunity to review the path we have all travelled together at this meaningful point in time, and to discuss how we should develop as a company going forward.On this day 10 years ago, I moved to 1802 Chang Hong Building, filled with anticipation for starting the offline payment business.In the following five years, my colleagues and I explored possibilities of various products in the offline payment space. However, the product/market fit was less than optimal, so we could only rely on the venture capital investments and hang on to our firm belief, that immerse opportunities lie in the offline payment space, to survive with strong will.In 2015, we set company strategy to be a "cloud platform for offline merchants", and chose the development direction of the Company to move "beyond payment". So we started the Smart Shopkeeper SaaS and fintech businesses. Looking back, these were very forward looking positioning and planning, way ahead of its time.In 2017, we foresaw that mobile payment would change people's lives, and started to invest into QR code payment early on. We strongly believed that if we dedicate ourselves to each and every single payment transaction, we could accumulate massive merchant and user base, traffic, channels, bring more value to merchants, and develop our comprehensive technology services.In 2020, we officially positioned Yeahka as a payment-based technology company, successfully listed the Company on HKEX, and became a high-profile IPO stock in the Hong Kong capital market. Ever since our listing 18 months ago, we have been thinking: where is Yeahka's next peak summit?Currently, although we have experienced the global pandemic for the last two years, and are facing the greatest changes in the century, we still firmly believe that the nearly 7 million active merchants and over 800 million consumers we serve, the nearly 100 million daily payment transactions we support, the flow of capital and information among different entities, and rich portfolio of value-added services will create the foundation for a payment-based digital commerce ecosystem, same as the exchange of matter and energy to create a natural ecosystem.Recently, we entered into the trillion dollar "local lifestyle" market in a big way, leap frogging from payment pureplay to providing enhancement of 2B business efficiency and financial performance, and subsequently to elevating the broader 2C consumer experience. Our chosen path has derived from mature and long-term business thinking, our drive comes from our innovative and assertive company value and genes, as well as our mission to consistently create value for merchants and consumers.10 years is enough for a toddler to become a teenager, but for a startup company, 10 years is only long enough for us to go from survival to just starting growth. Perhaps Yeahka does not yet have a revolutionary product to change the world, but we have the resilience, the long-term and forward-looking ways of thinking, and the capabilities to grasp industry opportunities, which are most-needed for an entrepreneurial company like Yeahka. The qualities we possess make us confident about our future, and keep us as curious and excited as we were 10 years ago.How do we deal with the complexity and uncertainty in the environment and still maintain our leading position? I believe the goal will be achieved primarily by upholding value creation principle, establishing strategic certainty and implementation certainty.On strategic certainty front, through 10 years of continuous exploration, we have developed a proprietary "clover" model to analyze and measure the user value of our business, to assess our competitive advantage and economic moat, and to accumulate long-term company value. After 10 years of shaping and reshaping, the Company's positioning and overall big-picture strategy has become crystal clear, and the Company's next steps will be the refinement of sub-strategy in the future. On implementation certainty front, we need to focus on management. Firstly, the robustness of the Company's organizational capability and the vitality of the corporate culture is the source of management power. It takes people with similar values to run a business. We ought to optimize our organizational mechanism to train and nurture talents. Also, we need to achieve goals by adopting scientific methodologies, identifying the core essence and key process points of issues, dissecting tasks from top down, and simplifying complicated matters. We will become very efficient on problem solving by adopting the above-mentioned practices.In the past 10 years, we have gone through ups and downs, tears and joys through our journey of entrepreneurship. But for every enterprise to achieve its goals, this is a necessary experience. The experience is just like the youth we have all experienced. It is filled with contradiction and uncertainty, and there is absolutely no need to be overly joyful or depressed, as I believe the journey itself is actually the most wonderful part.As long as we stand by our beliefs of creating value for users and society, we will be able to smile honestly and advance down the right path.Let us march forward towards the promising future. Luke Jan 2022About YEAHKA LIMITED (Stock Code: 9923.HK)Yeahka is a leading payment-based technology platform dedicated to creating value for merchants and consumers. According to Oliver Wyman, Yeahka is the second largest non-bank independent QR code payment service provider in China in terms of transaction count in 2019, with a market share of 14.0%. Yeahka's vision is to build a commercial digitalized ecosystem to enable seamless, convenient and reliable payment transactions among merchants and consumers , and to further provide a rich portfolio of diversified technology-enabled business services, including SaaS digital solutions, which help customers improve their operating efficiency; precision marketing services, which allow customers to effectively reach their target markets; fintech services, which satisfy customers' diversified financing needs; and in-store e-commerce services, which helps merchants to increase sales and consumers to enjoy local lifestyle discount benefits. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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MHI to Participate in “CO2LOS III” Project, Aiming to Achieve Business in CO2 Shipping

TOKYO, Nov 11, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) will participate in "CO2LOS III" (CO2 Logistics by Ship Phase III), a project to consider issues needing to be addressed in order to achieve business in liquefied CO2 (LCO2) carriers. CO2LOS III is aimed at promoting the development of technologies for transporting LCO2 by ship, as a complement to existing pipeline transport, through a partnership targeting sharing of knowledge and information necessary for understanding future needs and solutions in CO2 transport.Image of an LCO2 CarrierPartners in the project, co-founded by the Norwegian CLIMIT-Demo programme via Gassnova, include MHI, Air Liquide S.A., BP, Brevik Engineering AS, Equinor Energy AS, Gassco AS, SINTEF, TotalEnergies and Mitsubishi Corporation. By collaborating with these leading enterprises of Europe, where decarbonization projects are robust in the area of CO2 transport, an indispensable part of the CCUS (carbon capture, utilization and storage) value chain, MHI anticipates significant contributions to LCO2 carrier development and market expansion.MHI Group will contribute to building a CCUS value chain spanning land and sea by bringing to the project the full complement of its Groupwide knowledge and expertise. This includes the advanced gas handling technologies accumulated through Mitsubishi Shipbuilding Co., Ltd.'s construction of liquefied gas carriers (both liquefied petroleum gas [LPG] and liquefied natural gas [LNG]) and Mitsubishi Heavy Industries Engineering, Ltd.'s widely adopted carbon capture technologies.CCUS and CCS (carbon capture and storage) are garnering attention today as effective means of achieving a carbon-neutral society. Within their value chains, LCO2 carriers will play a vital role in transporting LCO2 to storage and utilization sites, and demand for such transport vessels is projected to expand in the future.MHI Group is currently undertaking strategic strengthening of business in the energy transition, and CO2 ecosystem building is central to this initiative. Through its participation in CO2LOS III, the Company will continue to focus on developing and providing the technologies relating to the LCO2 carriers necessary to CCUS value chain building, to make important contributions toward realizing the carbon-neutral society of tomorrow.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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Mitsubishi Shipbuilding and NYK Line Agree to Jointly Develop a Large LCO2 Carrier

TOKYO, Nov 9, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, and Nippon Yusen Kabushiki Kaisha (NYK Line) have agreed to jointly develop a large-scale liquefied CO2 (LCO2) carrier. To facilitate the development of technologies for transporting CO2 using large vessels, this project will combine Mitsubishi Shipbuilding?s advanced gas handling technologies accumulated through the construction of liquified gas carriers (LPG and LNG carriers), with NYK Line?s wealth of knowledge in operations of not only small and medium-sized vessels, but also large vessels that are expected to increase in demand globally. The two companies will participate in the CCUS value chain based on the development of LCO2 carriers.Image of an LCO2 carrierCarbon dioxide capture, utilization, and storage (CCUS) is attracting attention worldwide as an effective means to achieve a carbon neutral world. LCO2 carriers will play a vital role in that value chain by transporting liquified CO2 to storage sites and facilities for utilization, and demand for these vessels is expected to increase in the future.Mitsubishi Shipbuilding is actively pursuing commercialization of LCO2 carriers as part of MHI Group?s strategic initiative for the energy transition, bringing together technologies and knowledge gained from construction of liquified gas carriers in an effort, as a marine systems integrator, to support decarbonization at sea. This joint project is expected to make a significant contribution to the establishment of a CO2 ecosystem(Note) in the CO2 transport sector, which will be an essential component of the CCUS value chain.NYK Line expects the establishment of technology to transport CO2 using large-scale LCO2 carriers to make a significant contribution to the realization of a carbon neutral world. Through this joint project with MHI Group, which possesses a wide range of technologies to overcome the high technological hurdles in the CCUS value chain, NYK Line will be integrating its accumulated wealth of knowledge in ship operations to support early realization of not only small and medium sized vessels, but also large-scale LCO2 carriers. Building on this project, NYK Line will participate in the CCUS value chain.Going forward, Mitsubishi Shipbuilding and NYK Line will continue their efforts through this joint development project to develop the technologies for LCO2 carriers necessary to establish a CCUS value chain, utilizing the complementary strengths and knowledge of the companies to contribute to the realization of a carbon neutral world.MHI Group defines "CO2 ecosystem" as a societal structure in which all stakeholders with a connection to CO2, both direct and indirect, come together beyond their respective interests to achieve coexistence and co-prosperity.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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Announcing the HUMAN grants program: $10 million to fund the next wave of HUMAN solutions 

New York, NY / SEAPRWire / October 25, 2021 / – The MetaHUMAN Foundation has announced a grants program to support a new generation of projects looking to adopt and build on top of HUMAN Protocol. Successful applicants will have access to an allocated fund of $10 million, to supercharge the adoption of the Protocol, and realize new possibilities for HUMAN technology across new use cases. HUMAN Protocol is an open-source infrastructure. It is a beginning – a new way to represent and verify human value and contribution – that can be built upon. With each new application, the diversity of work processed by the Protocol expands, and the utility of the HMT token as a means to represent all forms of contribution increases.  HUMAN Protocol facilitates a new future of work by offering a permissionless system of exchange. Automated by software, enforced by smart contracts, and settled on the blockchain, HUMAN Protocol means any input or interaction can be tokenized, and its value securely represented. Its primary application is the creation and settlement of open job markets; the first to be supported by the Protocol is a data-labeling market, designed to offer ML practitioners the data required to create more relevant and detailed datasets.  “The grants program allows others to carry forward what we’ve started. HUMAN Protocol offers an open-source, broadly applicable solution to representing, verifying, and valuing worker contribution on an automatic basis. This could be job markets in which organizations request the completion of different jobs, split into the composite tasks; solutions such as Proof of HUMANity that verify human behaviour; or global Q&A systems,” said Alex Newman, Protocol Designer.  The core technology of HUMAN Protocol, however, extends far beyond job markets. It governs, secures, and automates the exchange of contribution – including knowledge – for value. Through it, all parties may interact and trade without trust; for example, organizations may request the completion of jobs by global workforces, with composite tasks parceled out through partnered applications. It makes possible a more comprehensive model for crowdsourcing in which both sides are equally served, and all contributions are rewarded. “HUMAN Protocol is built to change the future of work. That change will take collaboration; it will require us to support projects as they apply the technology to their unique use cases. We’re pleased to deliver a program that can help projects use, develop, and adopt HUMAN Protocol. Such a powerful tool needs to be worked on together. That is how we realize a better future of work,” said Andreas Schemm, Head of Ecosystem. The grants program is an invitation to all kinds of businesses, independent entrepreneurs, and developers to submit an application, which, far from the monetary rewards, can offer them a better way to reward workforces, offer more to users, or increase the value generated by user interactions. Applicants will be assessed in accordance with prespecified criteria, which includes the viability of the proposal and its potential value to the HUMAN ecosystem.  To learn more about the HUMAN grants program, visit the webpage, or read the latest updates on the HUMAN blog. Media Contact Brand: HUMAN Protocol Contact: Media Team E-mail: nishan@hmt.ai Website: https://www.hmt.ai/ SOURCE: HUMAN Protocol The article is provided by a third-party content provider. SEAPRWire ( www.seaprwire.com ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )

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Corinium Presents CDAO Deep Dive ASEAN Online: Data Innovation

Singapore, Oct 14, 2021 - (ACN Newswire via SEAPRWire.com) - Corinium is globally renowned for our leading face-to-face conferences and market research, and most recently the best real-time digital learning opportunities. We are now launching our Chief Data and Analytics Officer (CDAO) Deep Dive ASEAN series taking a closer look at the topics requested by the Southeast Asian data community.We will be bringing you incredible insights from the region's leading data experts, and you can watch them whenever and wherever you want, for free! Our Data Innovation Online Deep Dive will address the latest in driving data initiatives to growth business, converting traditional infrastructure, getting the most value out of data, implementing successful intelligence programmes, what risks should be taken with investments, building strategic data partnerships, and more.Join us, 24th November, and learn from the most successful data and analytics leaders and explore the strategic issues that matter to you!2021 Key Themes: - How to Modernise Data Governance & Management to Match Business Objectives Adapting to the latest challenges and understanding the way your enterprise-wide data governance needs to evolve for today and tomorrow.- Making Data Fit for Purpose: Delivering Trusted, High Quality, Robust DataEffective data governance through the lenses of risk, privacy, ethics, compliance and digital trust.- Modern Data Architecture for Maximum Impact! Building the right environment for faster, cheaper, easier access to data. Unifying data sources to gain a single view and supporting machine learning and artificial intelligence. - Consistent, Transparent and Safe Data Across the Organisation Promoting the business value of data governance, tracking all data elements and ensuring effective lifecycle management.Registrations are now open!- Gain best practices from actual case studies from organisations across ASEAN showcasing how they successfully implemented data strategies to strengthen business output- Hear from key data experts and professionals, as they share their best practices from different industries including banking and finance, insurance, telecommunications, government, media, and more- Insights into some of the hottest, trending themes in the data community such as Data Trends Driving Innovation and Growth & Digital Transformation and the Data Journey- Over 200 data professionals are expected to attend and voice their questions to speakers through our interactive Q&A - hear what they have to say and ask your questions tooRegister Here: https://bit.ly/3ly5Ppt For Further details regarding this event, visit our website, https://datainn-asean.coriniumintelligence.com/.You can contact us at: info@coriniumintel.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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AppsFlyer Launches Conversion Studio to Enable Single Source Mapping for SKAdNetwork Post-install Measurement

SINGAPORE, Sep 10, 2021 - (ACN Newswire via SEAPRWire.com) - AppsFlyer, the marketing measurement and experience platform, today launched Conversion Studio, a hyper-flexible solution for conversion value measurement. Conversion Studio enables marketers to master conversion values by maximizing the lifetime value measurement for post-install activity simply and effectively within the limited capacity of the SKAN framework."With Conversion Studio, we set out to help marketers with a challenge that has plagued them in the post iOS 14 era: the difficulty in understanding how valuable their acquired users are in the long run," said Roy Yanai, Head of Product, SKAdNetwork, AppsFlyer. "By design, SKAN limits advertisers to a single conversion value, which only captures one aspect of the user's post-install activity. With Conversion Studio, AppsFlyer is giving marketers the power to master SKAdNetwork conversions and take back control over SKAN post-install measurement with insight into the lifetime value of their users."Conversion Studio provides marketers the ability to easily set their conversion value mapping with the flexibility to measure several metrics simultaneously. With visual cues that show the conversion value capacity and how each metric is measured, advertisers can easily fine-tune their mapping to make sure they're making the most of virtually any post-install events, including metrics such as revenue, engagement, retention and conversion. Once the conversion value mapping is housed in AppsFlyer, it can be easily shared with all the SKAN integrated partners, serving as a single-source-of-truth for SKAN measurement.With Conversion Studio, marketers will now be able to:- Split measurement metrics. Marketers can now customize their measurement, simultaneously measuring metrics that's most important to them, such as revenue, in-app engagement, retention and more.- Extend the post-install user activity timer to a 72 hour window. By extending the activity timer, marketers will be able to measure longer lifetime value. In addition, marketers have an additional option of knowing when a user was last active, which facilitates the measuring of critical aspects like retention and cohorts.- Measure ranges within any specific metric. Defining flexible ranges within a specific metric enables marketers to be more efficient with the number of conversion values they implement.- Measure funnels to optimize the full capacity of lifetime value. By choosing the funnel function in Conversion Studio, advertisers can efficiently measure sequential events by using fewer values, optimizing the amount of in-app events measured."With AppsFlyer's solution for custom conversion value mapping, we finally have the freedom in what and how we want to measure on iOS," Michal Prokop Grno, Head of Marketing Analytics, Pixel Federation. "And all of that without the need to write a single line of code."More information on Conversion Studio is available here: https://www.appsflyer.com/product-news/marketing-analytics/introducing-conversion-studio/About AppsFlyerAppsFlyer helps brands make good choices for their business and their customers through innovative, privacy-preserving measurement, analytics, fraud protection, and engagement technologies. Built on the idea that brands can increase customer privacy while providing exceptional experiences, AppsFlyer empowers thousands of creators and 8,000+ technology partners to create better, more meaningful customer relationships. To learn more, visit www.appsflyer.com. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Joy Spreader Plans to Adopt a Share Award Scheme through a Stock Repurchase Program

HONG KONG, Jun 21, 2021 - (ACN Newswire via SEAPRWire.com) - The Board of Joy Spreader (06988.HK), a Hong Kong publicly traded company, made voluntary announcement regarding its plan of adoption of Share Award Scheme through a stock repurchase program on June 21st, 2021. The announcement says that the Scheme serves the purposes to recognize the crucial and remarkable dedications and contributions of certain directors, employees, consultants and advisers of the Company, as well as to incentivize them to retain longer term tenure with the Company, while to motivate them to endeavor for the future development and expansion strategy.Analysts credit that the Company has delivered an impressive growth dynamics and positive momentum in the recent years, however, believe the current stock price fails to reflect the intrinsic value of the Company, while signifying the optimal time window to conduct a stock repurchase program for award shares scheme. The announced Scheme demonstrates the Board's genuinely confidence and resolutely determination of the Company's prospect, along with establishment a stable and long-term platform of mutual interests between the Company and selected participants, while further stimulates and enhances the efficiency and effectiveness of management team and all employees, in order to empower the growth engine of the Company to fulfill the long-term missions and visions, and continuously improve the intrinsic value of the Company. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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