Category: JCN Newswire

TOKYO, June 3, 2026 - (JCN Newswire via SeaPRwire.com) - NEC Corporation (NEC; TSE: 6701) today announced that it has been named a winner at the Newsweek AI Impact Awards 2026 (*1). NEC was recognized for its Management Dashboard initiative targeted at accelerating decision-making with AI in the category of AI Workplace: Best Outcomes, Leadership and Succession Planning. Winners were chosen by a panel of expert judges based on their ability to clearly demonstrate how they have utilized AI technology to address critical business challenges across different industry segments or to significantly improve their technical capabilities.NEC provides customers and society with hands-on experience by first implementing its cutting-edge technologies internally under its "Client Zero" strategy.Award Details(1) CategoryAI Workplace: Best Outcomes, Leadership and Succession Planning(2) TitleManagement Dashboard: Accelerating Decision-Making with AI(3) OverviewTo further elevate the caliber of its business operations and management, NEC promotes a data-driven work style throughout the company. As part of these efforts, NEC has not only standardized processes and data company-wide but also visualized approximately 100 categories of management information across 10 management areas, including finance, HR, and IT, on its management dashboards. This has enabled all employees, from executives to general staff, to access the same data, encouraging engagement in analysis, operational decisions, decision-making, and other actions.These management dashboards use dotData, an AI-powered data analytics platform, to visualize actual results and display performance forecasts. As a result, users can take swift action based on foresight.(4) Reference URLhttps://wisdom.nec.com/ja/feature/dxmanagement/2025100101/index.html (available in Japanese only)NEC’s AIMany companies choose to partner with NEC due to its end-to-end capabilities, which enable it to deliver one-stop support services, including everything from consulting to operational services, as well as its world-class technical expertise and the ability to offer assistance for AI specialist training. In this way, NEC provides extensive and specialized support to help its customers effectively harness the power of AI. Going forward, NEC will continue researching and developing safe, secure and responsible AI to ensure the success of transformation efforts and help customers overcome their business challenges. Reference URL: https://group.nec/jp/en/solutions/ai/dotData, the AI-powered data analytics platform used for this initiativedotData is an AI-powered data analytics platform (*2) that automates the entire data science process and provides a one-stop solution for AI development, from extracting features from business data to building predictive models using machine learning. With automated feature engineering and machine learning automation (AutoML), this platform eliminates the need for AI expertise and coding. As the exclusive distributor of dotData in the Japanese market, NEC has built a strong track record of successfully implementing this platform at various companies (*3).A service created based on knowledge acquired through this initiativeThe Management Strategy Support Cockpit, a service launched in Japan in April 2026, primarily supports department heads and executives in using data to optimize the decision-making process (*4).Note: Although the performance forecast feature is not available at this time, please contact NEC regarding individual consultations.NEC offers end-to-end digital transformation (DX) services, from strategy and concept consulting to implementation-focused offerings, based on the three pillars of business models, technology, and organization/talent. Additionally, in its shift from a traditional systems integrator to a "Value Driver," NEC restructured its value creation model under the name "NEC BluStellar" (*5), which leverages NEC's cutting-edge technologies, developed and refined through years of experience and proven cross-industry expertise, aiming to transform business models, address social challenges, resolve management issues faced by customers, and lead them into a brighter future.(*1) https://events.newsweek.com/aiimpact-us-2026(*2) An AI-powered analytics platform offered by dotData, Inc. (Headquarters: California,USA; CEO: Ryohei Fujimaki), a company founded in Silicon Valley, California, in 2018 as a carve out from NEC, taking with it technology developed by NEC. https://www.nec.com/en/global/solutions/dotdata/(*3) https://jpn.nec.com/solution/dotdata/analysis_platform/index.html (available in Japanese only)(*4) https://jpn.nec.com/press/202603/20260319_01.html (available in Japanese only)(*5) "NEC BluStellar" is a value creation model that leads customers into a brighter future by realizing business model innovation and solving social issues and customer management issues. This is accomplished through advanced cross-industry knowledge backed by proven results and NEC's cutting-edge technology honed through years of development and operation. https://group.nec/jp/en/solutions/nec-blustellar/About NECThe NEC Group leverages technology to create social value and promote a more sustainable world where everyone has the chance to reach their full potential. NEC Corporation was established in 1899. Today, the NEC Group’s approximately 110,000 employees utilize world-leading AI, security, and communications technologies to solve the most pressing needs of customers and society. For more information, please visit https://www.nec.com, and follow us on LinkedIn and YouTube. Copyright 2026 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com

Daisuke Okanohara, Co-Founder and CEO of PFN and Eisaku Ito, President and CEO of MHITOKYO, June 3, 2026 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) and Preferred Networks, Inc. (PFN) have entered into a business alliance agreement to jointly develop cutting-edge AI technologies to enhance the intelligence and autonomy of mission-critical machinery and systems, primarily in the social infrastructure and national security sectors in Japan.In today's social infrastructure and national security fields, which underpin safe and secure living, there is an increasing demand for rapid responses to complex and constantly evolving challenges. To maintain and improve the safety and resilience of machinery and systems operated by customers in these mission-critical domains, it is essential to implement advanced AI technologies that enable autonomous, sophisticated situational assessment and response capabilities.MHI has long been a leader in Japan's social infrastructure as well as the aerospace, defense, and space sectors. The company possesses advanced hardware design and system integration expertise, along with extensive product knowledge cultivated through its global business foundation. MHI has also accumulated comprehensive capabilities in machinery and system design, development, control, and simulation technologies. Under its management policy, "Innovative Total Optimization (ITO)," MHI is committed to "Group-Wide Optimization" and "Reach Expansion," delivering unprecedented value to a vastly larger customer base through corporate collaboration and IT utilization.PFN has delivered vertically integrated expertise across the AI value chain, spanning advanced AI models, supercomputing infrastructure, proprietary AI chips, as well as products and solutions. Since its founding in 2014, PFN has built a proven track record of real-world deployments for its clients and partners across a diverse range of industries.MHI and PFN formed this alliance to establish a long-term collaborative framework that unites their respective strengths. Both companies recognize that this synergy is essential to rapidly deploy complex innovations in mission-critical intelligence and autonomy, ultimately maintaining and advancing a safe, secure society.Through this alliance, the two companies will explore the joint development of autonomous AI-powered machinery and systems for mission-critical applications that demand high reliability and rapid responsiveness. This initiative will combine MHI's advanced hardware, control, and simulation technologies with PFN's homegrown AI foundation models, AI chips, and computing infrastructure. By embedding these AI technologies into MHI's product and systems portfolio, the alliance aims to drive intelligent and autonomous operations, advanced predictive maintenance, and rapid crisis management. Through this collaboration, the companies seek to provide a resilient, secure, and safe social infrastructure that protects society and clients' businesses from unforeseen risks.Based on the progress of this business alliance, the companies aim to conclude a capital and business alliance agreement within fiscal 2026. By establishing a stronger cooperative foundation, including capital ties, the two companies intend to accelerate mid- to long-term R&D investments and commercialization efforts.Going forward, both companies will continue to maximize their respective strengths and contribute to building sustainable, secure, and safe social infrastructure through innovation driven by AI technologies.About Mitsubishi Heavy Industries 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.About Preferred NetworksGuided by its mission to "Make the real world computable and create the future together," Preferred Networks, Inc. (PFN) develops advanced software and hardware technologies through a vertically integrated approach spanning the entire AI value chain—from AI chips and computing infrastructure to generative AI foundation models and solutions across a wide range of industries. Founded in 2014 in Tokyo, PFN currently develops and delivers the MN-Core™ series of AI processors, the PFCP™ cloud platform for AI computing, and the Japan-developed generative AI foundation model PLaMo™.https://www.preferred.jp/en/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 2026 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com

TOKYO, June 3, 2026 - (JCN Newswire via SeaPRwire.com) - JAL Engineering Co., Ltd. (JALEC), a wholly owned subsidiary of Japan Airlines Co., Ltd. (JAL), and Mitsubishi Heavy Industries, Ltd. (MHI) have concluded discussions and jointly established a new company, Aero Breath Co., Ltd., dedicated to the aircraft aftermarket business, effective today, June 1, 2026.In response to the growing demand for aircraft maintenance driven by the recovery of air passenger traffic, Aero Breath will combine JAL and JALEC's extensive operational and maintenance expertise with MHI's advanced and broad technical capabilities. This new platform aims to improve maintenance work efficiency and aircraft quality, thereby minimizing aircraft ground time and further enhancing operational efficiency(1).Aero Breath will be headquartered at Aichi Prefectural Nagoya Airport and plans to start regional aircraft maintenance services within fiscal 2026, subject to obtaining necessary permits and approvals.JALEC and MHI will collaborate closely with Aero Breath to contribute to the development of Japan's aircraft aftermarket business and support the sustainable growth of the aviation industry, while maintaining safe and reliable flight operations.Company OverviewNameAero Breath Co., Ltd.RepresentativePresident & CEO Taro MatobaLocation4677-1 Aoyama Shaguji, Toyoyama-cho, Nishikasugai-gun, Aichi Prefecture, JapanEstablishedJune 1, 2026Business OverviewAftermarket business focused on aircraft maintenance, including airframe maintenance of regional aircraft.CapitalJPY 79 millionShareholdersJAL Engineering Co., Ltd. 51%, Mitsubishi Heavy Industries, Ltd. 49%Websitehttps://www.aerobreath.co.jp(1) Press Release dated August 27, 2024: "JAL and MHI Begin Joint Exploration of Collaboration in Aircraft Maintenance and Aftermarket Services"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 2026 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com

TOKYO, June 3, 2026 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI), to contribute to the realization of a resource-circulating society, is working to develop and commercialize AdBio® (Biomass High-Efficiency Recovery and Recycling System),(1) a system to efficiently sort and recover biomass such as food waste and paper from municipal waste and unsorted food waste, enabling stable recovery of biogas in methane fermentation systems. MHI has recently received a technology verification report from the Japan Environmental Sanitation Center (JESC)(2) verifying that AdBio® is at a level for practical application in terms of technology, conducted as part of JESC's Waste Treatment Technology Verification Project.(3)Recovered biogas is widely used as a source of green energy for electricity generation, heating, and fuel, so efficient recovery and recycling are required to realize a resource-circulating society. With the JESC report, AdBio® has now been recognized as a technology that enhances the efficiency of biomass sorting and recovery and improves degradation rates in methane fermentation, increasing biogas production and enabling stable operations.When used for municipal waste, the introduction of AdBio® is expected to increase biomass recovery compared to conventional crushing and sorting methods. In addition, the improved degradability of paper and other waste material is projected to provide an approximately 40% increase in biogas generation. Further, the system will allow a wide range of raw materials, such as agricultural waste, to be utilized for methane fermentation, leading to further growth in biogas production and use.This system can be installed at existing methane fermentation facilities as well as newly built plants, supporting efficient green energy generation while ensuring steady raw material supply and operational stability. The system can also respond flexibly to changes in societal conditions that result in changes in processing volumes and the properties of the raw material, as well as diversifying raw material needs.Going forward, through the widespread adoption of AdBio®, MHI, together with local governments, private businesses, green energy suppliers, and consumers, will contribute to the realization of a resource-circulating society.Presentation Ceremony(1) AdBio® is a registered trademark of Mitsubishi Heavy Industries in Japan and other countries.(2) Established in 1954, Japan Environmental Sanitation Center (JESC) is a general incorporated foundation that contributes to the promotion of public welfare by conducting research and providing technical support related to the conservation of living environments and the global environment, and ensuring public hygiene.(3) JESC's Waste Treatment Technology Verification Project is a system to verify the technical aspects and performance of waste treatment technologies developed by private companies and other organizations, and publish the results as highly reliable technical information.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 2026 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com

Kobe, Kawasaki, Japan, June 3, 2026 - (JCN Newswire via SeaPRwire.com) - DUNLOP (Company name: Sumitomo Rubber Industries, Ltd. [1] ) and Fujitsu Limited [2] today announced that they have jointly developed a technology, an AI surrogate model, to predict tire performance with high accuracy and in a short time using AI, confirming its effectiveness in a recent proof of concept. This technology, developed as part of DUNLOP's long-term management strategy for design digital transformation, was applied to the structural analysis of tire deformation when in contact with the road surface. As a result, the analysis time was significantly reduced by approximately 90% from about 45 minutes to about 5 minutes, while achieving analysis of approximately 600,000 elements (meshes).Based on the results of this proof of concept, both companies will proceed with the development of a design support tool for tire design, aiming for its practical implementation at DUNLOP by April 2027. This will enable DUNLOP to accelerate data-driven development and swiftly supply high-quality tires with enhanced safety and environmental performance to the market.This technology is designed to run on "FUJITSU-MONAKA," [3] a next-generation Arm-based CPU developed by Fujitsu that pursues both high performance and energy efficiency. Moving forward, both companies aim to optimize inference speed, accuracy, and power efficiency by commencing verification of this technology on a prototype of FUJITSU-MONAKA by December 2026.BackgroundIn manufacturing, CAE (Computer Aided Engineering) analysis [4], which simulates the behavior of products and structures to evaluate performance and safety, requires a substantial amount of computational time due to the increasing performance and complexity of products.In tire design, FEM (Finite Element Method) analysis [5], a type of CAE analysis, is commonly used. While increasing the number of elements by refining the mesh improves accuracy, it also increases computation time and associated development costs, necessitating a balance between accuracy and computational load. Furthermore, analysis requires specialized knowledge, and securing skilled engineers is also a challenge.To address these issues, both companies developed an AI surrogate model that rapidly predicts solutions to the governing equations of FEM using accumulated FEM analysis results as training data.Proof of Concept ResultsLeveraging DUNLOP's tire design expertise and actual design data, along with Fujitsu's AI technology, both companies jointly developed an AI surrogate model based on the Graph Neural Network (GNN) [6] algorithm. They conducted a proof of concept for tire structural analysis, focusing on evaluating deformation behavior and contact characteristics such as contact shape and pressure distribution when a tire is in contact with the road surface.As a result, computation time for the analysis was reduced from approximately 45 minutes to about 5 minutes. The technology predicted the contact shape between the tire and the road surface with a high average accuracy of 87.7% compared to FEM analysis. This technology will enable faster decision-making and optimize costs, in addition to improving performance, by allowing the determination of tire structure and material specifications in fewer processes and a shorter time, which previously required multiple design processes.A part of these results will be presented at the 31st Computational Engineering Conference, held from June 3, 2026.Figure1: Proof of Concept Image Figure 2: Relationship between accuracy and computation time in FEM analysisFuture PlansBoth companies will begin verification of this AI surrogate model using a prototype of FUJITSU-MONAKA by December 2026, aiming to optimize inference speed and power efficiency. They will also expand the application range of tire structural analysis and develop a design and development support tool that can be directly used by designers without specialized knowledge. DUNLOP aims to commence practical operation by April 2027.DUNLOP aims to realize its vision of “Continuing to Provide ‘New Experiential Value’ Born from Rubber to Everyone” under the Long-term Corporate Strategy “R.I.S.E. 2035.” [7] Through this co-creation with Fujitsu, DUNLOP will further enhance its proprietary Rubber and Analytical Technology, strengthening its technological capabilities and accelerating innovation. By doing so, DUNLOP will put into practice its Purpose: “Through innovation we will create a future of joy and well-being for all.” and continue to deliver new value to society.Fujitsu will leverage this initiative to promote horizontal deployment to large-scale FEM analysis in the automotive and other manufacturing industries. Moving forward, Fujitsu will contribute to optimizing development and promoting carbon neutrality through improved power efficiency in the manufacturing industry by developing an AI inference platform combining FUJITSU-MONAKA and GNN, and offering it on the AI platform "Fujitsu Kozuchi." [8]Trademark InformationAll company or product names mentioned herein are trademarks or registered trademarks of their respective owners.[1] Sumitomo Rubber Industries, Ltd.:Headquarters: Kobe City, Hyogo Prefecture, Japan; President and CEO: Yasuaki Kuniyasu.[2] Fujitsu Limited:Headquarters: Kawasaki City, Kanagawa Prefecture, Japan; Representative Director and President: Takahito Tokita.[3] FUJITSU-MONAKA:A processor based on the Arm instruction set architecture, utilizing cutting-edge 2-nanometer technology. It achieves high power efficiency through Fujitsu's proprietary technologies such as its self-designed microarchitecture and ultra-low voltage technology. Furthermore, it promotes the establishment of an environment where performance can be maximized through industry-standard software compatibility via collaboration with the OSS community. These new technologies applied to FUJITSU-MONAKA are based on results obtained from a project subsidized by the New Energy and Industrial Technology Development Organization (NEDO).[4] CAE (Computer Aided Engineering) analysis:An engineering method that contributes to shortening development time, reducing costs, and improving quality by simulating and evaluating the design and performance of products on a computer. FEM (Finite Element Method) is one of the representative numerical analysis methods that constitute CAE.[5] FEM (Finite Element Method) analysis:A numerical analysis method widely used for evaluating strength and deformation. It involves dividing a continuous object, such as a structure, into numerous small regions and numerically solving them by applying physical laws to each.[6] Graph neural network (GNN):An AI model capable of directly handling graph-structured data (such as meshes) and learning the interactions between nodes.[7] Long-term Corporate Strategy “R.I.S.E. 2035.”[8] Fujitsu Kozuchi:A group of AI services (platform) that integrates research and development with business, based on Fujitsu's advanced AI technologies. Its purpose is to quickly commercialize high-demand technologies from the research stage and continuously improve and enhance them.About DUNLOPDUNLOP (Company name: Sumitomo Rubber Industries, Ltd.) aims to realize its vision of “Continuing to Provide ‘New Experiential Value’ Born from Rubber to Everyone” under the Long-term Corporate Strategy “R.I.S.E. 2035.” Leveraging its core strength in Rubber and Analytical Technology, the Company develops and provides products and services across a wide range of fields, including tires, sports, and industrial products. With DUNLOP as its global core brand, the Company creates new value in diverse areas such as mobility, sports, industrial infrastructure, and healthcare. Guided by its Purpose: “Through Innovation We Will Create a Future of Joy and Well-being for All,” DUNLOP contributes to the realization of a sustainable society. Find out more: https://www.srigroup.co.jp/english/About 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 around the globe, our 100,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: AI, Computing, Networks, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.5 trillion yen (US$23 billion) for the fiscal year ended March 31, 2026 and remains the top digital services company in Japan by market share. Find out more: global.fujitsuPress ContactsDUNLOPhttps://www.srigroup.co.jp/english/contact/Fujitsu LimitedPublic, Investor and Analyst Relations DivisionInquiries Copyright 2026 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com

TOKYO, June 3, 2026 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Electric Building Solutions Corporation (MEBS, Head Office: Chiyoda-ku, Tokyo; President: Iwao Oda) today announced that Taiwan Mitsubishi Elevator Co., Ltd. (TMEC), an MEBS group company that manufactures, sells, installs, and maintains elevators and escalators in Taiwan, has delivered 153 elevators and escalators for the first phase of the New Taipei Metro Sanying Line, which is scheduled to open in summer 2026.Escalators at Dingpu Station on the New Taipei Metro Sanying LineFor this project, TMEC delivered 40 elevators and 113 escalators for the 12 stations to be constructed in the first phase of the Sanying Line project, as well as for the administrative and rolling stock maintenance center. As Taiwan’s public transportation infrastructure continues to expand, the opening of this line is expected to improve access from the Sanxia and Yingge districts to central Taipei while reducing travel times.Through their participation in this project, MEBS and TMEC are supporting safe and comfortable vertical mobility and contributing to the development of sustainable urban transportation in Taiwan.Features of the Delivered Products1) Enhancing safety as part of the public transportation infrastructure by equipping elevators for emergency operation during earthquakes- The elevators are equipped with Earthquake Emergency Return operation control to facilitate rapid evacuation and passenger safety during earthquakes.2) Improving station design and convenience by installing see-through and through-type elevators- Of the 40 elevators, 19 are see-through models with glass specifications that create a bright and open atmosphere inside the station buildings.- Six through-type elevators, with entrances on both the front and rear sides, are installed in locations where space is limited, enabling efficient passenger flow and effective use of space.3) Improving energy efficiency and reducing environmental impact through escalator automatic speed control- The escalators are equipped with an automatic speed control function that adjusts the operating speed according to the usage conditions.- By eliminating unnecessary power consumption, this function improves energy efficiency, reduces operating costs, and minimizes environmental impact.Overview of the New Taipei Metro Sanying LineThe New Taipei Metro Sanying Line is a fully elevated line extending 14.29 kilometers from Dingpu Station in New Taipei City through the Sanxia District to the Yingge District. The New Taipei City Government’s Department of Rapid Transit Systems is developing the line to connect Sanxia and Yingge, which have stable or growing populations despite the overall decline in Taiwan’s population, to existing railway lines, thereby improving access to central Taipei and reducing travel times.At Dingpu Station, the Sanying Line connects with the Tucheng Line, and at Yingge Station, it connects with the Taiwan Railways Western Trunk Line. The new line will significantly improve convenience for communities along its route, including in the vicinity of National Taipei University. Future plans include a connection with the Taoyuan Metro Green Line, and the line is expected to contribute to regional economic development as a key part of the wide-area transportation network spanning the Taipei and Taoyuan metropolitan areas.Product SpecificationsProductNo. of unitsMain specificationsElevators40 unitsIncluding 19 see-through elevators and 6 through-type elevatorsEscalators113 unitsLow-speed automatic standby operation and automatic speed control function (switching between 30 m/min and 39 m/min)Total153 units Future Plans and ProspectsSince its establishment nearly 60 years ago in 1968, TMEC has contributed to enhancing mobility in Taiwan’s urban development and transportation infrastructure by providing elevators and escalators. Building on the advanced technologies and solid business foundation cultivated throughout its long history, TMEC recently completed the delivery of 153 elevators and escalators for the new Sanying Line, which is scheduled to open in 2026. These facilities will ensure safe and comfortable travel for passengers using the line, which is expected to become a vital new artery for New Taipei City.MEBS and TMEC are committed to building on the foundation of technology and trust they have cultivated for many decades, passing it on to the next generation, and contributing to the development of safe, secure, and sustainable urban transportation in Taiwan.Overview of TMECCompany NameTaiwan Mitsubishi Elevator Co., Ltd.PresidentJin-Diehn KaoLocationTaipei, TaiwanCapitalApprox. NT$2.22 billionOwnershipMitsubishi Electric Corporation: 43.689%Mitsubishi Electric Building Solutions Corporation*: 11.092%Tokyo Sangyo Co., Ltd.: 5.0%Taiwanese shareholders: 40.219%EstablishedOctober 1968Employees2,239, as of the end of April 2026Business activitiesManufacturing, sales, installation, and maintenance of elevators and escalators*The business operations and management of TMEC are handled by Mitsubishi Electric Building Solutions Corporation.About Mitsubishi Electric Building Solutions CorporationMitsubishi Electric Building Solutions Corporation is a consolidated subsidiary of Mitsubishi Electric Corporation established in April 2022 that conducts a comprehensive range of operations in the building systems business, from development and manufacturing to maintenance and renewal. As a building solutions provider, we support the economic and social infrastructure through one-stop integrated solutions that combine a wide range of building-related products and services, including elevators, escalators, air conditioning and refrigeration equipment, and building systems, as well as with our extensive experience in building operation and management, and advanced digital technology. From buildings to building complexes and even entire cities, we contribute to enriching human life in buildings and urban spaces by solving a wide variety of issues that are closely linked to people and society, with the ultimate aim of realizing smart cities. For more information, please visit www.mebs.com/Customer InquiriesJapan Business Group, Business Strategy DivisionAffiliated Companies Management DepartmentMitsubishi Electric Building Solutions CorporationMedia InquiriesCorporate Communication DivisionMitsubishi Electric Building Solutions Corporationhttps://www.mebs.com/contact/ssl/php/1481/inquiryform.php?fid=1481 Press Release: http://www.acnnewswire.com/docs/files/20260603.pdf Copyright 2026 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com