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TOKYO, Mar 4, 2022 - (JCN Newswire) - Mitsubishi Heavy Industries Aero Engines, Ltd. (MHIAEL), a group company of Mitsubishi Heavy Industries, Ltd. (MHI) has announced the appointment of Masanori Ushida as President & Chief Executive Officer (CEO), effective April 1, 2022. He succeeds Katsuyuki Shimauchi, who will continue to serve as Member of the Board of MHIAEL after serving as the first President & CEO of MHIAEL for more than seven years.

Mr. Ushida assumes the role of President & CEO after serving as Member of the Board and Senior Vice President of Commercial Engines since October 2020. He brings his more than 30 years of experience in MHI's aerospace business which includes multiple leadership roles ranging from manufacturing engineering, engine design to program management. He has also successfully grown MHIAEL's commercial engine maintenance, repair and overhaul (MRO) business to become one of the company's core businesses.

During his tenure as President & CEO, Mr. Shimauchi has successfully led the establishment of MHIAEL by ways of company split from MHI in October 2014 and managed to grow its revenues in three folds by 2019. He has also successfully navigated the company through one of the most challenging periods in aerospace history and formed a pathway for continued and further growth of the business including establishment of MHIAEL's second production site in Nagasaki.
Commenting on the appointment, Katsuyuki Shimauchi said, "The time has now come for me to step down and hand over to the next generation. Mr. Ushida is a tested leader who has successfully led our commercial engine programs with deep industry expertise and a fundamental understanding of our business. He also has a proven track record of building strong relationships with our stake holders, including customers and business partners. This is a crucial time for aero engine business, and I am very confident that he will help advance MHIAEL's further growth."

Masanori Ushida added, "I am honored to take up this opportunity at such an important time for MHIAEL. Under Mr. Shimauchi's strong leadership, MHI's aero engine business has grown significantly and strengthened our position in the aviation industry. Inheriting his great achievements, I look forward to continue working with our customers, business partners and our team to realize our full potential."


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comMitsubishi Heavy Industries Aero Engines, Ltd. (MHIAEL), a group company of Mitsubishi Heavy Industries, Ltd. (MHI) has announced the appointment of Masanori Ushida as President & Chief Executive Officer (CEO), effective April 1, 2022.

TOKYO, Mar 4, 2022 - (JCN Newswire) - Sony Group Corporation ("Sony") and Honda Motor Co., Ltd. ("Honda") today announced that they have agreed to deepen discussion and exploration of forming a strategic alliance that aims to create a new era of mobility and mobility services. Specifically, the two companies have signed a memorandum of understanding that outlines their intent to establish a joint venture ("New Company") through which they plan to engage in the joint development and sales of high value-added battery electric vehicles (EVs) and commercialize them in conjunction with providing mobility services.

The two companies will proceed with negotiations toward executing various definitive binding agreements, including a joint development agreement and a joint venture agreement, with a goal of establishing the New Company within 2022, subject to execution of the definitive agreements and relevant regulatory approvals.

This alliance aims to bring together Honda's mobility development capabilities, vehicle body manufacturing technology and after-sales service management experience cultivated over many years, with Sony's expertise in the development and application of imaging, sensing, telecommunication, network, and entertainment technologies, to realize a new generation of mobility and services that are closely aligned with users and the environment, and continue to evolve going forward.

Sales of the first EV model from the New Company are expected to start in 2025. The New Company is expected to plan, design, develop, and sell the EVs, but not own and operate manufacturing facilities, so Honda is expected to be responsible for manufacturing the first EV model at its vehicle manufacturing plant. It is expected that a mobility service platform will be developed by Sony and made available for the New Company.

Comment from Kenichiro Yoshida, Representative Corporate Executive Officer, Chairman,
President and CEO, Sony Group Corporation

"Sony's Purpose is to "fill the world with emotion through the power of creativity and technology." Through this alliance with Honda, which has accumulated extensive global experience and achievements in the automobile industry over many years and continues to make revolutionary advancements in this field, we intend to build on our vision to 'make the mobility space an emotional one,' and contribute to the evolution of mobility centered around safety, entertainment and adaptability."

Comment from Toshihiro Mibe, Director, President, Representative Executive Officer and CEO, Honda Motor Co., Ltd.

"The New Company will aim to stand at the forefront of innovation, evolution, and expansion of mobility around the world, by taking a broad and ambitious approach to creating value that exceeds the expectations and imagination of customers. We will do so by leveraging Honda's cutting-edge technology and know-how in relation to the environment and safety, while aligning the technological assets of both companies. Although Sony and Honda are companies that share many historical and cultural similarities, our areas of technological expertise are very different. Therefore, I believe this alliance which brings together the strengths of our two companies offers great possibilities for the future of mobility."


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comSony Group Corporation and Honda Motor Co., Ltd. today announced that they have agreed to deepen discussion and exploration of forming a strategic alliance that aims to create a new era of mobility and mobility services.

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DUBLIN–(BUSINESS WIRE)–The “Sustained Release Injectables Market Research Report by Dosage Type, by Route of Administration, by End-User, by Region – Global Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering. The Global Sustained Release Injectables Market size was estimated at USD 1,798.78 million in 2020 and expected to reach […]

The post Global Sustained Release Injectables Market (2021 to 2027) – by Dosage Type, Route of Administration, End-User and Region – ResearchAndMarkets.com appeared first on Fintech News.

RESEARCH TRIANGLE PARK, N.C.–(BUSINESS WIRE)–IQVIA Holdings Inc. (“IQVIA”) (NYSE:IQV), announced today that Ron Bruehlman, executive vice president and chief financial officer, will speak at the Barclays Global Healthcare Conference in Miami, FL on Wednesday, March 16, 2022 at 1:35 p.m. ET. A live audio webcast of the presentation will be available on the IQVIA Investor […]

The post IQVIA CFO to Speak at Barclays Global Healthcare Conference on March 16, 2022 appeared first on Fintech News.

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