editor | Webnewswire

Japan – DENSO Holds Annual Dialog Day, Delivers Company Direction Update

Dec 17, 2022 | Business

DENSO, a leading mobility supplier, has hosted its annual Dialog Day on December 15th. Aiming to enhance its concepts “Green” and “Peace of Mind” to realize what the company calls a “well-being cycle society,” DENSO has announced its sustainability management strategy that contributes to a sustainable society, its corporate value improvement strategy to strengthen the corporate foundation which supports the creation of values, and “The Five Flows,” which is DENSO’s unique approach to the “2035 Vision.”

“Over the past 10 years, DENSO has allocated a total of approximately 8 trillion yen in research and development and capital expenditures for future investments. DENSO has also been investing in human resources, which can be seen through the large increase of employees worldwide, from 130,000 to 170,000. As a result, the company expects to reach a new record in sales and operating income. On the other hand, as global environmental issues, food shortages, and resource shortages become more serious, we often ask ourselves, “what more can we do to contribute to people’s well-being?” said Koji Arima, President, and CEO of DENSO Corporation. “To date, DENSO has been striving to create a ‘cycle of well-being’ by growing and developing together with everyone in the automotive industry. As part of our efforts to expand this cycle of well-being from mobility to broader society, we have focused on “The Five Flows,” which are: Free Movement of People, Flow of Goods, Energy Utilization, Minimization of Resource Requirements, and Flow of Data. DENSO will work to realize a “well-being cycle society” in which happiness can circulate more widely by interconnecting and integrally controlling “The Five Flows.” Furthermore, DENSO will make future investments of 10 trillion yen over the next 10 years. As top management, I will seek partners who share our ‘2035 Vision’ while enhancing our ability to achieve it.”

Technological Developments towards the World in 2035

To realize a recycling-oriented society that never stops social activities and responds to diverse values and well-being, DENSO will work on “The Five Flows.”

Initiatives for the Free Movement of People and the Flow of Goods for Safe and Valuable Mobility

– Free Movement of People
Aiming to eliminate fatalities from traffic accidents, DENSO will expand the scope of support to include everyday driving. DENSO has developed algorithms that support safe driving by integrating not only the vehicle’s surroundings, but also the driver’s condition, skills, and driving tendencies. This will realize a higher level of safety. In addition, to realize mobility that responds to diverse values, DENSO will develop an electronic platform that updates vehicle functions following the values sought by individuals.

– Flow of Goods
To solve social issues such as driver shortages and increased cargo volumes, DENSO intends to realize a logistics system that combines automated driving and advanced operating systems. The advanced operating system will embark on efforts to eliminate long-hour operations and empty cargo on return trips in trunk routes, and eventually utilize quantum computing to optimize teams, goods, and time in logistics as a whole.

Initiatives for Energy Utilization and Minimization of Resource Requirements for Eco-Friendly Monozukuri

– Energy Utilization
DENSO will build an energy circulation system that combines various types of energy such as electricity, hydrogen, and fuels, aiming to realize carbon neutrality in monozukuri, or the art of making things. In addition, DENSO has started demonstrating this system at its factory and will expand it to other industries and regions.

– Minimization of Resource Requirements
To sustainably manufacture products with limited resources and minimize environmental impacts, DENSO will build an ecosystem for car manufacturing in which car resources are recycled in cooperation with various partners and industries, enabling the collection of discarded products and their reintroduction as recycled products. DENSO will progress with the development of new disassembly methods and materials to achieve low-cost, high-efficiency recycling.

Initiatives to Join Flows Together to Maximize Value

– Flow of Data
We will build a standard data platform that connects supply chains with data and apply it to battery traceability systems for electric vehicles. DENSO will also provide new values by connecting all data generated from “The Five Flows” in the lifecycle of mobility. Furthermore, DENSO will realize a world where new cars are reborn from old cars.

– Strategies for Enhancing Corporate Value
Through the initiatives of Green and Peace of Mind, DENSO will promote sustainability management that leads to solutions to social issues, and work on financial strategies to improve Return on Equity (ROE) to achieve business growth.

Promoting Sustainability Management

– The Progress of Green and Peace of Mind Strategies
DENSO is making steady progress in efforts to maximize the values of Green and Peace of Mind. In order to achieve carbon neutrality by 2035, DENSO has achieved sales of 550 billion yen in the electrification field, and has been improving the cumulative number of inverters produced, and is working to develop technologies to recycle and repurpose CO2. In addition, sales in the advanced driver assistance systems (ADAS) field have reached 320 billion yen, and the introduction of thermal management systems for battery EVs is progressing, accelerating the safety strategy to deliver peace of mind to society.

– Strengthening the Corporate Foundation
DENSO has established various sustainability key performance indicators (KPIs) corresponding to materiality. In addition to establishing KPIs for a thriving, diverse workforce such as the ratio of female managers and the ratio of local human resources among the heads of overseas bases, we have introduced some of these KPIs into the evaluation of executive compensation.

Financial Strategies to Improve ROE

– Growth Strategies that Balance Both Philosophy and Profitability
DENSO will further accelerate the transformation of its business portfolio to eliminate CO2 emissions and eliminate traffic fatalities and increase profitability. While promoting convergence in products for internal combustion engines, DENSO will expand CASE areas and new businesses, aiming for sales of 7 trillion yen in growth areas in 2035. In the electrification sector, DENSO aims to achieve annual production of 19 million inverters in 2030, which will also contribute to the expansion of battery EVs. In addition, for semiconductors that support electrification and ADAS, DENSO will strengthen in-house development and strategic collaboration with competitive partners. Over the next 3 years, DENSO aims to invest 250 billion yen in the semiconductor field.

– Resource Strategies
DENSO will shift its resources to CASE areas, including semiconductors while reducing capital expenditures mainly in mechanical and hardware for products of internal combustion engines. DENSO will also focus on software development, targeting a research and development expenditure of 450 billion yen and a capital expenditure of 350 billion yen by 2025.

– Improvement of Capital Structure and Shareholder Return Policy
With a target of a shareholders’ equity ratio of 50% or more, DENSO will improve its capital structure to achieve both efficiency and safety and improve ROE. In 2021, DENSO has raised its dividend standard to a dividend on equity (DOE) of 3.1%, and will continue to improve the level of dividends in a stable manner over the long term with an awareness of the cost of shareholders’ equity.

About DENSO

DENSO is a $45.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 198 facilities to produce electrification system, powertrain system, thermal system, mobility electronics, & advanced devices, to create jobs that directly change how the world moves. The company’s 167,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2022. For more information about global DENSO, visit  www.denso.com/global/en/.

Sectors: Automotive

Hong Kong – Two more assistance seekers in relation to employment fraud in Southeast Asian countries return to Hong Kong safely

Dec 17, 2022 | International

Two more assistance seekers in relation to employment fraud in Southeast Asian countries return to Hong Kong safely

******************************************************************************************

     A spokesman for the Security Bureau (SB) today (December 16) said that two more Hong Kong residents, who sought assistance from the Assistance to Hong Kong Residents Unit of the Immigration Department (ImmD) earlier, have returned to Hong Kong respectively from Cambodia and Myanmar safely today with the assistance of the Office of the Commissioner of the Ministry of Foreign Affairs in the Hong Kong Special Administrative Region, the Chinese Embassy in the Kingdom of Cambodia, the Chinese Embassy in the Republic of the Union of Myanmar, the SB’s dedicated task force and the Hong Kong Economic and Trade Office in Bangkok. Since the establishment of the SB’s dedicated task force, a total of 21 assistance seekers have returned to Hong Kong safely under the task force’s co-ordination.

     The spokesman appealed to Hong Kong residents or their family members concerned about missing relatives to contact the ImmD as soon as possible. They may make use of the WhatsApp hotline 5190 8909 dedicated to the matter, call the 24-hour hotline of the Assistance to Hong Kong Residents Unit of the ImmD at (852) 1868, call the 1868 hotline by network data call via the ImmD mobile application or submit an Online Assistance Request Form. Citizens should make a report to the Police as soon as practicable if a scam is suspected. If anyone knows or has received information that there are victims in need of assistance, they should contact the ImmD as soon as possible to secure the safe return of the Hong Kong resident.

Artistraman creates mural for Charlotte Hornets

Dec 16, 2022 | Business

This 8×10 ft murals was designed by artist Raman Bhardwaj aka ArtistRaman who is based in Greensboro, NC and is a known professional illustrator, muralist and designer. For this project ArtistRaman based his mural design on the Hornets slogan Lets fly and used flat tones of their brand colors, purple and teal, in the composition. For the execution of the mural the Hornets foundation invited ten students from two local high schools of Charlotte, NC to paint along side the mural artist as a part of their community outreach program. The artist, thus designed a paint-by-number format mural so the students can follow the directions and install this mural successfully. The students were very excited to participate. ArtistRaman along with his assistant and wife Cortni arrived before the students and traced the design on to the wall for the students to come and have fun painting.

The installation took three days in the Spectrum Arena working about 4 hours each day. Using different shades of acrylic paints the students laid the colors in the numbered shapes on the wall. Everyone was excited to see how the design will come out after all the color shapes are filled in. ArtistRaman shared tips on painting and masking to the students and demonstrated his brushwork to lay sharp straight and curvy lines. Since it was an interior mural and also involved teenage participants Artist Raman decided not to use aerosol colors which he often uses in his large-scale outdoor murals. He instead chose acrylic and latex paint to execute this mural. After the students had pitched in blocking the color, ArtistRaman and his assistant cleaned up all the geometric lines and shapes in the mural.

The design shows the words Lets Fly in big letters, surrounded by swirly thick lines of purple tones and a pattern of honeycomb. And then there is the Hornets mascot (a toon hornet) flying beside the official Hornets burnt red basketball. The artist chose to finish the ball with realism and 3D depth to stand out against all the flat toned design. He used a pro airbrush to add the shadows and highlights to the ball to create the illusion of 3D. The students and the Artist were invited by the Charlotte Hornets to view a game on November 25th, 2022 during which the mural was unveiled on the large digital screen in the arena, the names of the artist and students were announced and they were shown on the large screen.
ArtistRaman is an award winning South Asian artist who lives in NC and he has created over 50 murals. He has won a national award in India for children book illustrations. He is recognized for his realistic style artwork as well as a unique flat-color style of art, and for the latter he won ArtPopStreet Gallery award in 2019.

About Artistraman
ArtistRaman is an art studio of Raman Bhardwaj. A one stop shop for murals, paintings, portraits, book illustrations, logo and graphic designs. Raman Bhardwaj is a South Asian illustrator, muralist, painter based in Greensboro, NC. As a muralist he paints photorealistic portraits and colorful illustrative compositions. Raman also creates photo real portraits with airbrush. As a fine artist he enjoys creating bold expressionistic paintings and figurative line drawings. He also creates digital art in a mannerist figurative style with vibrant flat tones of colors. He holds a BFA and a MA degree in Fine Arts. He has won national award in India for children book illustrations and Art pop street gallery award in the USA.
His clients include Charlotte Hornets, Artpop Street Gallery, ArtsGreensboro, City of Greensboro, Kotis Properties,YWCA Charlotte, Deloitte Pixel, the Carolina Public Press, and many others across the globe.

###

The Academy of Scholars Private School Celebrates Parent Participation with Cookie Social

Dec 16, 2022 | Business

Private Christian elementary school near Atlanta, Georgia, honors parents and their involvement in their child’s education with a Christmas cookie social.

As a premier Christian private elementary school for both in-person and virtual students, The Academy of Scholars teaches Christian values alongside a robust curriculum. The Decatur, Georgia school offered a Christmas and Cookies social for parents, highlighting their strong belief that parents should be an integral part of their child’s education. Parents were invited to mingle with their students, fellow parents, and teachers at the December 9 social, one of the many events The Academy of Scholars offers to engage parents in their child’s learning journey.

Many parents choose The Academy of Scholars private elementary school because of its Christian focus and well-rounded curriculum, which introduces scholars to computer coding as early as pre-K and also immerses them in entrepreneurship and foreign language instruction. “We want kids to have a firm foundation spiritually and academically so that they are resilient, adaptable, and ready for success,” said Dr. Brian Bolden, Head of School. “We’re focused on giving even our youngest students a competitive edge from the moment they walk through our doors.”

Parents also choose The Academy of Scholars for its emphasis on school safety. Dr. Bolden is a nationally-known authority on school safety. While serving as the principal of nearby R.E. McNair Discovery Learning Academy in Decatur, Georgia, Bolden helped usher the entire student body and faculty to safety after an active shooter breached the school building.

“A lot of our parents are disillusioned with public schools. They want something more without paying a fortune for exclusive private schools,” said Bolden. The Academy of Scholars offers competitive tuition rates and scholarship opportunities alongside direct access to faculty and administrators (rather than a bureaucratic maze).

The Academy of Scholars draws in-person students from the greater Atlanta area as well as online elementary school students from up and down the East Coast who want the benefit of the Academy’s popular curriculum and attentive faculty from a homeschool environment.

To learn more about The Academy of Scholars private Christian school and its opportunities for in-person and online students, call 678-632-6001 or visit AcademyofScholars.com.

About The Academy of Scholars

The Academy of Scholars is an independent, Christian school serving children from age 4 through grade 6. Their mission is to develop their scholars to their fullest intellectual, moral, spiritual, emotional, physical, and social potential in a safe, supportive, interactive, nurturing environment.

Logistics Plus Opens New 1.1 Million Square Foot Phoenix Warehouse

Dec 16, 2022 | Business

The new warehouse is next to the company’s existing 543 thousand square foot Phoenix facility.

Logistics Plus, Inc. (LP), a leading worldwide provider of transportation, logistics, and supply chain solutions, is pleased to announce the opening of a new 1.1 million square foot warehouse in the greater Phoenix area. The new warehouse, located at the NEC Loop 303 and Bethany Home Road intersection in Glendale, Arizona, is adjacent to the 543 thousand square foot warehouse Logistics Plus opened earlier in the year.

Logistics Plus now has 18 fully managed commercial warehouses in the U.S., comprising 5 million square feet of storage space. The company also manages many additional virtual and commercial warehouses worldwide.

The new “LP PHX 2” warehouse is in a growing industrial development region northwest of Phoenix. The facility features quick freeway access, 395 trailer stalls, and 40-foot ceilings and is only a six-hour drive from the Los Angeles/Long Beach ports. Tom Kelly, Regional Director of Sales and Operations for Logistics Plus, will oversee the move-in and ongoing management of the operation, in addition to the company’s other Phoenix and four southern California warehouses.

“As other logistics companies slow down or reduce their warehousing footprints, we are doubling down to meet the current and future needs of our customers,” said Yuriy Ostapyak, COO for Logistics Plus. “We still see strong demand for our commercial warehousing solutions in key verticals, and we expect that growth to continue. Our new, second Phoenix warehouse will allow us to keep pace with that growth.”

Earlier this week, Multichannel Merchant named Logistics Plus a 2023 Top 3PL for e-commerce warehousing and fulfillment solutions. View a map of all Logistics Plus U.S. warehouses at www.logisticsplus.com/warehouse-map.

About Logistics Plus, Inc.

Logistics Plus, Inc. is a 21st-century logistics company that provides freight transportation, warehousing, fulfillment, global logistics, business intelligence, and supply chain management solutions through a worldwide network of talented and caring professionals. It is a highly regarded, fast-growing, and award-winning transportation and logistics company. With a Passion For Excellence™, its employees put the PLUS in LOGISTICS by doing the big things properly, plus the countless little things, that together ensure complete customer satisfaction and success. The Logistics Plus® network includes dozens of offices and warehouses in the United States, and numerous other offices in more than 35 countries around the world. For more information, visit www.logisticsplus.com or follow @LogisticsPlus on Twitter.