Honda (Ningde) — Contemporary Amperex Technology Co., Limited (CATL) and Honda have signed an agreement to form a comprehensive strategic alliance on new energy vehicle batteries to strengthen their strategic partnership and promote the popularization of electrified vehicles. This agreement will enable the two companies to begin discussions on a broad range of areas including joint development, stable supply, and the recycling and reuse of batteries.

By bringing together the two companies’ individual technology advantages, CATL and Honda will conduct joint development on NEVs batteries and joint R&D into fundamental technologies, aiming for their future application. CATL will provide stable supply of NEV batteries to Honda, mainly for battery electric vehicles (BEVs). The first model equipped with a CATL battery is scheduled to be launched in the Chinese market in 2022. This alliance will be further expanded to the global level in the future. Moreover, battery recycling and reuse also will be a topic in further discussions between CATL and Honda.

CATL is a technology company that is committed to providing advanced battery solutions for global new energy application, with businesses covering R&D, manufacturing and sales of battery systems for new energy vehicles and energy storage systems. Honda is a mobility company with motorcycles, automobiles, life creation (power products) and aircraft businesses around the globe, and is currently accelerating its initiatives to electrify its products on a global basis. By strengthening technological cooperation and the competitive supply system, CATL and Honda will strive to realize global electrification together.

Honda has acquired approximately 1% of CATL shares through the non-public issuance of stocks, which makes Honda a leading strategic partner of CATL. This will enable Honda to secure a stable supply of batteries with excellent product and cost competitiveness. Through the non-public issuance of stocks, CATL will strengthen its battery development and further expand production capacity, etc. Based on this alliance, the two companies will strengthen initiatives to further popularize electrified vehicles and establish a long-term relationship.

Comments by Zhou Jia, President of CATL: “Honda is a key player in global electrification. Through this strategic cooperation, CATL and Honda will establish a stronger global partnership. We are working together to deliver more competitive products and solutions to global electrification, and to finally achieve a clean and pleasant style of mobility.”

Comments by Toshihiro Mibe, Senior Managing Officer, Executive in Charge of Monozukuri (Research & Development, Production, Purchasing, Quality, Parts, Service, Intellectual Property, Standardization and IT), Honda Motor Co, Ltd: “This alliance enables Honda to further strengthen its partnership with CATL. As the speed of electrification continues to increase, CATL will be a partner that will give Honda new strength, and we believe that our long-term alliance will enable Honda to further increase the competitiveness of our electrified products. Honda will continue its challenges toward offering joy and freedom of mobility and the realization of a sustainable society.”

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Sony (Tokyo) — Sony Corporation and Epic Games, Inc. are pleased to announce that Sony has agreed to make a strategic investment of US$250 million to acquire a minority interest in Epic through a wholly-owned subsidiary of Sony. The investment cements an already close relationship between the two companies and reinforces the shared mission to advance the state of the art in technology, entertainment, and socially-connected online services.

The investment allows Sony and Epic to aim to broaden their collaboration across Sony’s leading portfolio of entertainment assets and technology, and Epic’s social entertainment platform and digital ecosystem to create unique experiences for consumers and creators. The closing of the investment is subject to customary closing conditions, including regulatory approvals.

“Epic’s powerful technology in areas such as graphics places them at the forefront of game engine development with Unreal Engine and other innovations. There’s no better example of this than the revolutionary entertainment experience, Fortnite. Through our investment, we will explore opportunities for further collaboration with Epic to delight and bring value to consumers and the industry at large, not only in games, but also across the rapidly evolving digital entertainment landscape,” said Kenichiro Yoshida, Chairman, President and CEO, Sony Corporation.

“Sony and Epic have both built businesses at the intersection of creativity and technology, and we share a vision of real-time 3D social experiences leading to a convergence of gaming, film, and music. Together we strive to build an even more open and accessible digital ecosystem for all consumers and content creators alike,” said Tim Sweeney, Founder and CEO of Epic.

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Foundation: 1949

Headquarters: Kita Ward, Osaka

President and CEO: Masahiro Okafuji

Website

Itochu Corporation is one of the largest Japanese general trading companies, distinguished by not being descended one of the historical zaibatsu. It grew out of its textile business, but later expanded into many fields. Its annual income is in the range of US$45 billion.

News Timeline

2020

July

-Itochu reportedly offers about US$5.6 billion to increase its stake in the convenience store chain FamilyMart from 50.1% to 100%, which would make it a wholly-owned subsidiary of the trading company.

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Foundation: 1987

Headquarters: Shibuya Ward, Tokyo

President: Yuji Fukasawa

Website

East Japan Railway Company (JR East) is the main railway company operating in the Kanto region and is the largest railway company in the nation. It is the largest of the seven private companies created by the breakup of the state-run Japanese National Railways in 1987. Its annual income is in the range of US$30 billion.

News Timeline

2020

July

-JR East President Yuji Fukasawa declares that “we won’t return to the situation before the epidemic.” The company will be shifting its fare structure, including the possibility of changing the prices of boarding the trains depending on the time of day.

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Foundation: 1987

Headquarters: Nagoya City, Aichi

Chairman: Koei Tsuge

Website

Central Japan Railway Company (JR Central) is the main railway company operating in the Chubu region of central Japan, and noted especially as owner and operator of the the Tokaido Shinkansen between Tokyo Station and Shin-Osaka Station. It is one of the seven private companies created by the breakup of the state-run Japanese National Railways in 1987. Its annual income is in the range of US$15 billion.

News Timeline

2020

July

Shizuoka Governor Heita Kawakatsu officially notifies JR Central that it must stop construction of the Chuo Shinkansen maglev, part of which is to run through Shizuoka. The governor feels that environmental protection measures are insufficient.

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Foundation: 2017

Headquarters: Minato Ward, Tokyo

CEO: Jin Tomioka

Website

Telexistence is a Japanese firm dedicated to the design, manufacture, and operation of robots. Its annual income is undisclosed.

News Timeline

2020

July

Telexistence announces an agreement with FamilyMart to use remote-control robots to restock the shelves on convenience stores. The first tests to begin this summer with the aim of having robots in up to 20 stores by 2022.

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Foundation: 2016

Headquarters: Shibuya Ward, Tokyo

CEO: Michael Sheetal

Website

PlayBrain is a company built to help brands reach gamers and game fans with esports, targeted communication, and content marketing. Its annual income is in the range of US$2 million.

News Timeline

2020

July

PlayBrain announces that it has raised US$6 million in funding to create content and manage tournaments for esports competitions in Japan. The investment is said to for growing the company’s presence and expand esports and entertainment properties.

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Mitsubishi Corporation (Tokyo) — Mitsubishi Corporation (MC) and NTT Anode Energy Corporation (NTT Anode) have agreed to study collaboration in the energy sector. The agreement is part of the industrial partnership formed between MC and NTT Corporation (NTT) on December 20, 2019.

MC is engaged in a wide range of electric power businesses and is now endeavoring to extend those operations beyond power distribution. By combining renewables and other green energy sources with digital technologies, the company aims to provide customers with new, value-added solutions to balance supply and demand. Also active in energy storage, MC manufactures and sells vehicle-and-industrial-use lithium-ion batteries and promotes their reuse and further application throughout the energy sector. These initiatives are invested in the development of sustainable societies and are helping MC to both strengthen its corporate worth and realize its three-value mission.

NTT Anode was established to promote smart-energy businesses that take advantage of the NTT Group’s proprietary ICT and direct-current (DC) technologies. By maximizing the group’s synergies and optimizing use of distributed energy resources, such as storage batteries and power generation facilities driven by renewables, the company is working with its partners to develop new energy-distribution systems and invigorate industry.

The MC-NTT Anode alliance will focus on the following areas:

Renewable Energy Generation: This work will study to involve joint investment in renewable energy projects in Japan and overseas, as well as investigation into the possibility of supplying energy from those projects to NTT Group companies.

Energy Management with EVs and Storage Batteries: This work will study to involve building a microgrid platform for new, decentralized energy businesses that incorporates electric vehicles (EVs) and storage batteries, and leveraging both those businesses and the existing networks of MC and NTT Anode to investigate unique energy solutions.

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Foundation: 1952

Headquarters: Chiyoda Ward, Tokyo

President: Jun Sawada

Website

The Nippon Telegraph and Telephone Corporation, commonly known as NTT, is a Japanese telecommunications company. From its establishment in 1952 until 1985, it was a state-owned enterprise. Currently, the NTT Group consists of NTT East, NTT West, NTT Communications, NTT Docomo, the latter two listed separately on the stock market. Its annual income is in the range of US$110 billion.

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Foundation: 1899

Headquarters: Minato Ward, Tokyo

President: Takashi Niino

Website

NEC Corporation is a Japanese multinational information technology and electronics company. Formerly known as the Nippon Electric Company, it provides IT network to business enterprises, communications services providers, and to government agencies. Its annual income is in the range of US$30 billion.

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Sparx Group (Tokyo) — Sparx Innovation for the Future Co., Ltd.—a subsidiary of Sparx Group Co., Ltd.—today announced that it established the Space Frontier Fund. The fund primarily aims to support human resources and technology development in space-related industries, to foster Japanese space companies that are competitive on the world stage, and to contribute to technological innovation throughout Japan.

Casting technologies that “promote the exploitation of space” as core technologies of the future, the Space Frontier Fund invests in start-ups and other organizations that boast innovative technologies in related sectors. Even as Covid-19 continues to have a significant impact on life and society, the fund helps accelerate the pace of innovation by financing companies’ and projects’ business development in technologies that will drive future growth.

The Space Frontier Fund began operations in June with its initial total capital of ¥8.2 billion (US$77 million) financed through contributions from its limited partners. By December 31, 2020, the goal is to have gathered a total of ¥15 billion (US$140) in capital through additional contributions from investors that endorse the objectives of the new fund.

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NEC (Tokyo) — NTT Corporation and NEC Corporation today agreed to form a capital and business alliance for the purpose of joint research and development and the global rollout of ICT products utilizing innovative optical and wireless technologies. The companies aim to improve their corporate value by expanding sales of products applying jointly developed technologies through this alliance. In addition, through these initiatives, the companies will contribute to enhancing industrial competitiveness of Japan and further ensuring safe and reliable communication infrastructure, playing leading roles in working with numerous communication equipment vendors.

Looking ahead into the world of Society 5.0 and post Covid-19, social and industrial digital transformation is accelerating, and communications infrastructure, which is the foundation for connecting vast amounts of data that connect people and things, is expected to increase capacity and become more sophisticated. This communication infrastructure is also required to be more safe and reliable as a core infrastructure. Such trends are common in countries around the world, and various players have entered the field as they conduct business activities globally.

Under these circumstances, NTT is promoting innovative research and development that promotes transformation of the world based on its medium-term management strategy, “Your Value Partner 2025.” Specifically, NTT has launched its IOWN initiative as a future research and development vision, and is working with global partners on innovation through, among others, developing game-changing technology.

NEC is focusing its efforts on solutions for society, and creating new business models and services through co-creation with various partners, utilizing network technologies such as 5G and digital technologies, including AI, biometrics, and security.

Through this alliance, NTT and NEC will jointly develop cutting-edge technologies and globally competitive products that utilize both companies’ strengths and originate from Japan, as they collaboratively form an optimal sales framework in order to further roll out such technologies and products to the global market.

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GEF (Singapore) — The Global Esports Federation today announced that it has entered a strategic partnership with Dentsu Inc. to promote the global development and growth of esports.

Chris Chan, President, Global Esports Federation said, “We are certain that this strategic partnership will strengthen the future prospects of the GEF, expanding the vital work that the team has already established. We look to Dentsu for their expertise to bring together the best of esports and sport, further fulfilling our mission to elevate esports and the world’s esports ecosystem.”

The GEF was launched in December 2019, in Singapore, to establish the voice and authority for the worldwide esports movement. The Federation brings together diverse leaders from esports, as well as traditional sporting organizations and athletes, with the vision to create a sustainable ecosystem for esports. Tencent is the Founding Global Partner of the GEF, while the Japan eSports Union (JeSU) is a member of the Federation. Hideki Okamura, Representative Director of JeSU, was recently appointed as a member of the GEF Board.

The strategic partnership will focus on joint efforts to develop new marketing programs and esports events. In collaboration with JeSU, Dentsu will lend its expertise and experience to collaborate with various game publishers, commercial partners and various international organizations to further elevate the credibility, legitimacy and prestige for esports.

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Fujitsu (Tokyo) — The new supercomputer Fugaku, which is being developed jointly by RIKEN and Fujitsu, has taken the top spot on the Graph500 list, a ranking of the world’s fastest supercomputers on data-intensive workloads. The top rank was won by a collaboration involving RIKEN, Kyushu University, Fixstars Corporation, and Fujitsu Limited. The award was announced on June 22.

In gaining the award, Fugaku far surpassed the capabilities of its predecessor, the K computer, which was decommissioned in 2019 to make way for Fugaku. Using 92,160 nodes (approximately 58% of the entire system), it solved a breadth-first search of a large scale graph with 1.1 trillion nodes and 17.6 trillion edges in approximately 0.25 seconds, earning it a score of 70,980 gigaTEPS, more than doubling the score of 31,303 gigaTEPS attained by the K computer and tripling the performance of the second place supercomputer, which is currently second on the list, with 23,756 gigaTEPS.

Fugaku, located at the RIKEN Center for Computational Science in Kobe, is being developed under a national plan to develop Japan’s next generation flagship supercomputer to carry out a wide range of applications that will address social and scientific issues of high priority. It will be put to use in applications aimed at achieving the Society 5.0 plan, which aims to realize a smart society that creates new value. Fugaku will start public service in fiscal 2021

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Nissan (Yokohama) — Nissan Motor Co., Ltd. and Sunwoda Electric Vehicle Battery Co., Ltd. will begin studying joint development of next-generation vehicle batteries for Nissan’s e-Power vehicles.

The two companies will also discuss the development of an efficient production system to ensure stable supply capacity for jointly developed batteries. Nissan and Sunwoda aim to conclude a final agreement by the end of this year, based on the specific content and conditions of the study.

Nissan is expanding its global lineup of electric cars and e-Power models. The company’s e-Power technology consists of an electric motor that delivers power directly to the wheels, and an onboard gasoline engine that generates electricity for the motor. Nissan will expand the 100% electric motor-driven e-Power technology globally into the B- and C-segments. Nissan expects to sell more than 1 million electrified vehicles annually by the end of fiscal year 2023.

Sunwoda has an established global track record in the development of lithium-ion batteries, mainly used in consumer electronics and automotive batteries. Nissan is confident that Sunwoda’s deep-rooted technological expertise will contribute to Nissan’s e-Power strategy.

Further discussions by the companies will focus on combining Nissan’s expertise in electric vehicles and battery technology with Sunwoda’s next-generation battery development capabilities and production capacity, with an eye to strengthening competitiveness in the Chinese market and globally. The companies are also considering the joint establishment of a secure supply structure geared toward future global business opportunities.

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Sumitomo Corporation (Tokyo) — Sumitomo Corporation has concluded an agreement with the Tokyo Metropolitan Government on the preliminary trial installation and verification of smart poles being carried out by the government. Together with NEC Corporation, Sumitomo Corporation intends to install two types of smart poles in the Nishi-Shinjuku area of Tokyo by the end of June 2020.

In its “Tokyo Data Highway Basic Strategy,” formulated in August 2019, the Tokyo Metropolitan Government calls for constructing an ultra-high-speed mobile Internet network in Tokyo. As part of that effort, the government is looking to install smart poles at an early date in the Nishi-Shinjuku area, a priority improvement zone. Smart poles are multi-functional poles equipped with communication base stations, wi-fi, street lighting, signage, etc., and they are expected to serve as infrastructure useful for the provision of new community services.

In partnering with the Tokyo Metropolitan Government, Sumitomo Corporation and NEC will be installing two types of smart poles in the Nishi-Shinjuku area by the end of June 2020 to verify their utility under both ordinary and emergency circumstances. More specifically, the two companies plan to install two models of NEC’s “Smart Street Lighting” equipped with functions such as digital signage and pedestrian traffic flow analysis cameras; one model will be outfitted with a 5G shared antenna system for joint use by multiple telecommunications carriers, while the other, a site-sharing model, will be equipped with 5G base stations for multiple telecommunications carriers.

With the aim of bringing 5G shared antenna systems into full-scale use by March 2021, efforts will be made to extend these systems across the entire metropolis and to help develop services for Tokyo residents and visitors through the construction of efficient infrastructure by accumulating knowledge on the installation and operation of smart poles.

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Rakuten (Tokyo) — Rakuten, Inc. today announced that it will launch the new takeout support service Rakuten Realtime Takeout on May 7, 2020. The service makes it possible for customers to pre-order and pay for products from restaurants, cafes and other eateries. Starting today, Rakuten will begin accepting applications to introduce this service from business customers nationwide. In response to the spread of Covid-19, initial fees and monthly usage fees for this service will be made free of charge for a limited time, until October 31.

Rakuten Realtime Takeout enables users to select products available for takeout from eateries in their neighborhoods via their smartphone or computer website, and complete pre-order and payment using their Rakuten ID, making it possible to pick up orders in real time without waiting inside the restaurant. Users will also be able to earn Rakuten Points according to the purchase amount and use earned points when paying. For the launch, this service will be available at 187 eateries in Tokyo located near Shibuya Station and Gotanda Station, with plans to expand to eateries nationwide.

This service provides business owners with a simple solution for introducing takeout services at their establishments. The restaurant industry has experienced a marked increase in demand for eateries to provide takeout services due to the Covid-19 pandemic. In response to this new societal need, Rakuten will make initial fees and usage fees for this service free of charge until October 31, 2020 (excluding credit card transaction and related fees), as well as lend smartphones for registering products and managing orders free of charge to interested business owners starting in mid-May. Based on the financial condition of the restaurant, Rakuten will also provide the revenue earned via Rakuten Realtime Takeout to the business as early as the week following the customer transaction, until October 31. The U.S.-based Rakuten Ready launched a similar service, known as “Rakuten Takeout,” in April of this year to restaurant chains in San Mateo, California.

To mark the launch of the service, Rakuten will hold a special campaign awarding 10x Rakuten Points to customers ordering takeout during the campaign period. Starting on May 7, the campaign will award 10x the usual amount of Rakuten Points to customers who purchase products via takeout delivery from eligible eateries using Rakuten Realtime Takeout. The number of points awarded is based on the purchase price. Rakuten will cover the costs of the points awarded via this campaign.

In addition to providing services such as Rakuten Realtime Takeout that deliver greater levels of convenience to customers, Rakuten also aims to tackle the various challenges faced by business owners in order to empower people and society.

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Tokyo (KDDI) — In summer 2020, KDDI Corporation and LG Uplus will launch Coretronic Intelligent Robotics Corporation (CIRC)’s G6.0, a drone compatible with smart drone platforms, in Japan and South Korea.

The three companies signed an operational partnership agreement on March 25, 2020. Going forward, the three companies aim to expand the drone’s market in Japan and South Korea.

The G6.0 is a portable AI-friendly, fully autonomous drone that measures 500mm across and weighs less than 3kg. Highly resistant to dust and water, the drone is expected find use in monitoring and inspecting infrastructure and large facilities.

Used in conjunction with the designated G6.0 “Nest” drone port that allows the drone to depart and land with high precision and also charges the drone, the drone enables effective and safe operations without the need to send operators directly into the sites themselves.

The G6.0 is the first step of the operational partnership to develop a drone platform, signed between KDDI and LG Uplus on June 27, 2019. The drone supports a connection interface and communication modules commonly used for smart-drone platforms.

The three companies will continue to expand the lineup of global models that connect to the smart-drone platform, and create new experiences and value through introducing drones to society.

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Toyota (Toyota City) — BYD Company Ltd. (BYD) and Toyota Motor Corporation (Toyota) announced today that preparations have proceeded since they signed an agreement for the establishment of a joint venture company to conduct research and development of battery electric vehicles (BEVs) on November 7, 2019, and registration of the new company has been completed. Operations are scheduled to commence in May 2020. The name of the new company is BYD Toyota EV Technology (BTET). Hirohisa Kishi from Toyota will serve as chairman, and Zhao Binggen from BYD will be the chief executive officer (CEO).

New Chairman Hirohisa Kishi said with regard to the establishment of the company, “With the engineers from BYD and Toyota working together under the same roof, we aim to develop BEVs that are superior in performance and meet the needs of customers in China by merging the two companies’ strengths and also through friendly rivalry.”

Newly appointed CEO Zhao Binggen commented, “This joint venture company will focus on the research and development of battery electric vehicles with technology and know-how from both China and Japan. The company is committed to promoting and populating high-quality technologies that make battery electric vehicles more environmentally friendly, safe, comfortable, and intelligent. Our vision is to create a future customer-first mobility style, and a harmonious society for humans and nature.”

BYD and Toyota will work together to meet the diverse needs of customers by researching and developing BEVs that appeal to customers and promoting their widespread adoption and also hope to contribute to improving the environment in China.

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Toyota (Toyota City) — Toyota Motor Corporation and Hino Motors have agreed to jointly develop a heavy-duty fuel cell truck, and to proceed with initiatives toward its practical use through verification tests and other means.

Toyota and Hino are determined to take proactive action toward resolving global environmental issues as one of the most important corporate tasks. The two companies have declared ambitious goals to reduce CO2 emissions by 2050 and are developing electric vehicle technologies for widespread use in society. In order to achieve further reductions in CO2 emissions, major improvements will be required in the environmental performance of heavy-duty trucks, which account for about 60% of the total CO2 emissions from commercial vehicles in Japan.

For the electrification of commercial vehicles, the optimum powertrain must be adopted to ensure both outstanding environmental performance and just-right practicality as a business vehicle in terms of cruising range, load capacity, and other aspects depending on the usage. Heavy-duty trucks are typically used for highway transportation; therefore, they are required to have sufficient cruising range and load capacity as well as fast refueling capability. For this reason, fuel cell vehicles that run on hydrogen with its higher energy density are considered effective.

The heavy-duty fuel cell truck in this joint development project is based on Hino Profia, and is being developed taking maximum advantage of the technologies both Toyota and Hino have cultivated over the years. The chassis is specially designed with the optimum packaging for a fuel cell vehicle, and steps are being taken through comprehensive weight reduction to ensure a sufficient load capacity. The powertrain is equipped with two Toyota fuel cell stacks that have been newly developed for Toyota’s next Mirai and includes vehicle driving control that applies heavy-duty hybrid vehicle technologies, developed by Hino. Also, cruising range will be set at approximately 600 km, aiming to meet high standards in both environmental performance and practicality as a commercial vehicle.

Toyota and Hino have positioned hydrogen as an important energy source for the future and have worked together on developing technologies and spreading and innovating fuel cell vehicles for over fifteen years since their joint demonstration trials of the fuel cell bus in 2003. Going forward, Toyota and Hino will further strengthen its partnership and accelerate efforts toward the realization of a hydrogen society.

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