Category: News Type

India Dealbook: Vue.ai, Leadstart, EnKash, Sensivision, Kozhnosys raise early-stage funding

April 25, 2019 AI start-up Vue.ai, publishing firm Leadstart Publishing and EnKash, a B2B payments management and automation platform, join the burgeoning list of elite startups to raise capital, signalling an increased investor interest in the sector. And they are not the only ones. As many as two medical devices startups also garnered funds to… Continue reading India Dealbook: Vue.ai, Leadstart, EnKash, Sensivision, Kozhnosys raise early-stage funding

Honda Global | April 25, 2019 Honda Sets All-Time Fiscal Year Records for Automobile Production Worldwide, in Asia and China

Honda Motor Co., Ltd. today announced a summary of automobile production, Japan domestic sales, and export results for the fiscal year ended March 31, 2019 as well as for the month of March 2019. Worldwide Production   Fiscal Year 2019(’18 Apr. – ’19 Mar.) March 2019 Units vs.FY18 Units vs.’18 Japan 911,837 　 +10.0% 80,461… Continue reading Honda Global | April 25, 2019 Honda Sets All-Time Fiscal Year Records for Automobile Production Worldwide, in Asia and China

Honda Global | April 16, 2019 Honda Exhibits the World Premiere of the X-NV Concept, a Concept Model for its Second China-exclusive Electric Car, at Auto Shanghai 2019

SHANGHAI, China, April 16, 2019 – Honda today exhibited the world premiere of the X-NV Concept, a concept model of its China-exclusive electric vehicle (EV), at Auto Shanghai 2019 (The 18th International Automobile & Manufacturing Technology Exhibition, Press days: April 16-17, 2019, Public days: April 18-25, 2019). The X-NV Concept developed jointly by Honda Motor… Continue reading Honda Global | April 16, 2019 Honda Exhibits the World Premiere of the X-NV Concept, a Concept Model for its Second China-exclusive Electric Car, at Auto Shanghai 2019

Michelin : Michelin announces sales of €5.8 billion, an increase of 9.3% at constant exchange rates. 2019 guidance confirmed

PRESS RELEASEClermont-Ferrand, France – April 24, 2019COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINFinancial information for the three months ended March 31, 2019First-quarter 2019: In difficult markets, Michelin announces sales of €5.8 billion, an increase of 9.3% at constant exchange rates, led by a robust price-mix and a strong contribution from newly acquired businesses.2019 guidance confirmedA resilient performance… Continue reading Michelin : Michelin announces sales of €5.8 billion, an increase of 9.3% at constant exchange rates. 2019 guidance confirmed

Financial information for the three months ended March 31, 2019

Financial information for the three months ended March 31, 2019 First-quarter 2019: In difficult markets, Michelin announces sales of €5.8 billion, an increase of 9.3% at constant exchange rates, led by a robust price-mix and a strong contribution from newly acquired businesses. 2019 guidance confirmed. A resilient performance by the Group in difficult markets, with volumes… Continue reading Financial information for the three months ended March 31, 2019

Nidec Acquires CIMA S.p.A., an Italian Commercial Motor Manufacturer

FOR IMMEDIATE RELEASE

Nidec Corporation

Tokyo Stock Exchange code: 6594

Contact:

Masahiro Nagayasu

General Manager

Investor Relations

+81-75-935-6140

ir@nidec.com

Released on July 3, 2018, in Kyoto, Japan

Nidec Acquires CIMA S.p.A., an Italian Commercial Motor Manufacturer

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that it acquired a 100% ownership interest in CIMA S.p.A. (“CIMA”), an Italian commercial motor manufacturer, from its shareholders (the “Transaction”) on July 2, 2018, local time. As a result of the Transaction, CIMA became a consolidated subsidiary of Nidec, as outlined below:

1. Outline of New Subsidiary

(1) Company Name:

CIMA S.r.l.(*)

(2) Headquarters:

Vicenza (Italy)

(3) Foundation:

1977

(4) Directors:

　Director and Chairman, CEO:

Paolo Delpogetto
(FIR Elettromeccanica S.r.l., CEO)

　Director:

James Halley
(Appliance, Commercial and Industrial
Motor Business Unit, CFO of Euro..