Согласно публикации на сайте Nikkei Asian Review, крупный японский производитель автозапчастей компания Denso собирается приобрести порядка 15 % акций японского производителя OLED-панелей компании JOLED. Слухи об инвестициях в JOLED компании Denso и ряда других компаний возникли в декабре прошлого года. Сообщалось, что Denso собирается вложить в бизнес JOLED порядка 50 млрд иен ($440 млн). Ближе к финишу по заключению сделки выяснилось, что Denso вложит в производителя панелей из светодиодов на основе органических материалов 30 млрд иен ($282 млн). Стенд Denso с автомобильными дисплеями JOLED на январской выставке в Лас-Вегасе (Nikkei)
Japanese auto parts supplier Denso Corp is buying an additional 4.5 percent stake in chipmaker Renesas Electronics in a deal worth $800 million based on market prices, as…
In sync with its plan to start testing autonomous vehicles by 2020, Toyota (TM) to invest roughly $3 billion in a Tokyo-based new company to develop software for self-driving vehicles.
Toyota Motor Corp и компании-поставщики Denso Corp и Aisin Seiki объявили о создании совместного предприятия для проведения исследований и разработок в области технологий автономного вождения. На эти цели предполагается направить более 300 млрд иен ($2,8 млрд). Новое предприятие получило название Toyota Research Institute-Advanced Development (TRI-AD, Исследовательский институт Toyota–перспективные разработки). 90 % его уставного капитала принадлежит Toyota. Компании Denso Corp и Aisin Seiki Co получили по 5 % уставного капитала TRI-AD каждая. REUTERS/Yuya Shino
Toyota в сотрудничестве с компаниями Aisin Seiki и Denso учредила новую исследовательскую фирму, которая будет базироваться в Токио, Япония, и заниматься разработкой ПО для беспилотных автомобилей.
Standard Motor (SMP) is closing relatively less important facilities and relocating some facilities to reduce production costs.
Японский поставщик автомобильных компонентов Denso рассматривает возможность инвестирования 50 млрд иен ($440 млн) в производителя OLED-дисплеев JOLED, созданного совместными усилиями компаний Japan Display, Panasonic, Sony и государственного инвестиционного фонда INCJ. Об инвестиционных планах Denso стало известно агентству Kyodo от собственных информаторов. По их сведениям, Sony и Panasonic, которым принадлежит по 5 % акций JOLED, также собираются вложить в этот бизнес по 5–10 млрд иен.
Westport Fuel (WPRT) enters into a $20-million loan agreement with EDC to support the commercialization of its Westport HPDI 2.0 program.
Consistent strong growth in the Towable business helps Winnebago (WGO) beat on Q1 earnings.
U.S. Ambassador's Residence Tokyo, Japan 9:18 A.M. JST PRESIDENT TRUMP: Thank you very much, Bill. Please, sit down. Thank you. Thank you very much, Mr. Ambassador, for that wonderful introduction, I guess. Right? (Laughter.) That was good with me. And thank you for representing, Bill, so well the interests of the American people in Japan and the incredible relationship that you have with Japan. We really appreciate it. You're doing a fantastic job. We very much appreciate it. Thank you. Let me begin today by addressing the horrific shooting in Sutherland Springs, Texas. Our thoughts and prayers are with the victims and families of today's horrible and murderous attack. This act of evil occurred as the victims and their families were in their place of sacred worship. We cannot put into words the pain and grief we all feel, and we cannot begin to imagine the suffering of those who lost the ones they so dearly loved. Our hearts are broken, but in dark times -- and these are dark times -- such as these, Americans do what they do best: We pull together. We join hands, we lock arms, and through the tears and through the sadness, we stand strong -- oh, so strong. My administration will provide its full support to the great state of Texas and all local authorities investigating this horrible crime. I've spoken just a few minutes ago with Governor Abbott, and we offer our thanks to the first responders, the FBI, all of the many people involved, both federal and otherwise. Ultimately, they stopped the suspect and rendered immediate lifesaving aid to certain victims of the shooting. I will continue to follow the developments closely. All of America is praying to God to help the wounded and the families of the victims. We will never, ever leave their side -- ever. With that being said, we are here today in Japan with one of our closest and most cherished allies, through bad times and good times, through rain and through shine. I want to thank Secretary Tillerson -- Rex -- who has done a tremendous job of leading the dedicated men and women of the Department of State here in Japan and around the world. The splendor and beauty of Japan has left a lasting impression on me and my family. And I want to thank the First Lady for being with us, Melania. Please stand. (Applause.) She's become a very, very popular First Lady, I can tell you that. Whenever I speak, they have hundreds of signs out in the audience. We love our First Lady, which is so true. Thank you. And our warmest admiration for this ancient culture. It's an ancient culture and its customs are ancient, and it's terrific. Over the weekend, Ivanka attended the World Assembly for Women with Prime Minister Abe, who I was with all day yesterday. I applaud the Prime Minister -- and he's a terrific person, by the way -- for his dedication to advancing women in the workforce. And I share his commitment to empowering women in business and in all professions. This morning, I am pleased to have an opportunity to discuss how we can strengthen and improve the economic ties between the United States and Japan. And I have to say, for the last many decades, Japan has been winning. You do know that. For the, actually, last 70 years, cooperation between our two countries has helped us to pioneer incredible advances in commerce, in science, medicine, and technology. Our students study together, our scholars exchange ideas, and business leaders like you work together to invest in a better, more prosperous future for both of our nations. I know many of the leaders in this room have helped build Japan into the center for commerce and innovation that it is today. And I want to commend you for your incredible achievements in so many areas. And I looked at a list of the people in the room -- they are truly the leaders of industry. I congratulate you all. Names that, in many cases, I haven’t met, but I know you well, from reading about you on the covers of every business magazine and sometimes well beyond the business magazines. So, congratulations. Fantastic job you've done in building some of the greatest companies in the world. And it's an honor to be working with you. We want to thank and make the United States for the people in this room, and well beyond this room, the most attractive place for you to hire, invest, and to grow. That's why we are very, very substantially lowering our taxes. The United States is one of the highest-taxed nations in the world. But it's also a market like no other; by far, the biggest market in the world. Its numbers are phenomenal over the last -- since November 8th, Election Day. Our unemployment is at a 17-year low. We've gotten almost 2 million more people in the workforce in just that short period of time. I've reduced regulations terrifically, frankly, if I do say so myself -- but at a level that nobody else has ever done. I've done more in nine months in terms of the reduction of regulations than any President has done in a full term, and it's not even close. And if it were close, they will let you know about it tomorrow morning, believe me. They will tell you about it, but it's not even close. The stock market reached an all-time high on Friday, and that's the 61st, I believe -- something around that number -- 61st time that's happened. So we have a lot of happy people in this room because your stocks are right in there. And look at you, you're smiling. Very happy. (Laughter.) What company? What company? PARTICIPANT: ANA. PRESIDENT TRUMP: Oh, that's another big one. That's a great company. Are you happy? You happy with the job? PARTICIPANT: (Inaudible.) PRESIDENT TRUMP: Good. Come around, give me your hand. (Applause.) That is some company, too. Congratulations, you've done a great job. But it's reached an all-time high. I believe it's maybe in the neighborhood of 61 times during the course of -- from November 8. And so we're honored by that. GDP growth, very importantly, we hit 3.2 last quarter -- 3.2 And this time we hit 3, and we figure a good point -- I would say a good solid point for hurricanes. We had four horrific hurricanes, as everybody knows, and did tremendous damage to Texas and Florida and Puerto Rico and the Virgin Islands and Louisiana, and even Alabama was affected, and other places -- Georgia. And we figured at least a point. So I was going to close my eyes a little bit when the numbers came out. And the number came out at 3. That would mean that it would have been 4. And GDP at 4 was unthinkable, actually unthinkable, when I was running. And I said we could do it. They were saying maybe you could hit 2, 2.5. My first quarter was 1. We were in the ones. And so we're at 3, and now 3.2. And again, without the hurricanes, I think we would have been 4 or very close to 4. So that's GDP of 4. That was not something that people thought of in the first three or four years, and we've already hit it. And we will continue to. On regulations, while I've reduced regulations terrifically. It would take, as an example, to build a highway -- it would take 17 to 20 years to get approvals. And at the end of 20th year, in many cases, they voted it down. Do you approve? No. So they wasted tens of millions of dollars. There's a highway in Maryland where it took exactly 17 years. And the original numbers were very little, and it ended up costing hundreds of millions of dollars for a very small, short highway. And we can't have that. So we're trying to bring that number down from -- anywhere from 13 to 20 years. We're trying to bring it down to one year. You want to build a road? You want to build a highway? You want to build a school? You want to build a factory -- most importantly, to the folks in this room -- or a plant? You're going to have your approvals very, very quickly. Now, you may be rejected quickly, too. But that's okay. If you're rejected quickly -- you don't want to be rejected at the end of the 17th year. I approved a power plant, which has been under consideration for 11 years, and they gave up, and I approved it. And it's a $7 billion plant. And the state wanted it and the local community wanted it, but they had environmental restrictions. And now it's being built. The Dakota Access Pipeline and, as you know, the Keystone Pipeline, that was rejected by the previous administration. The Keystone Pipeline was dead. And the Dakota Access Pipeline was in even in worse shape because they built it but they weren't allowed to hook it up. So I consider not starting even better than that. And in my first week, I approved both. It's 42,000 jobs. The Dakota is already open and Keystone is starting; it's actually already started. And that was done in the first week -- got it approved. And we have many other things like that. I could stand here all day and tell you additional events that we've done that create jobs and are good for our country, not bad for our country. When you want to build your auto plants, you will have your approvals almost immediately. When you want to expand your plants, you will have your approvals almost immediately. And in the room, we have a couple of the great folks from two of the biggest auto companies in the world that are building new plants and doing expansions of other plants. And you know who you are, and I want to just thank you very much. I want to thank you. I also want to recognize the business leaders in the room whose confidence in the United States -- they've been creating jobs -- you have such confidence in the United States, and you've been creating jobs for our country for a long, long time. Several Japanese automobile industry firms have been really doing a job. And we love it when you build cars -- if you're a Japanese firm, we love it -- try building your cars in the United States instead of shipping them over. Is that possible to ask? That's not rude. Is that rude? I don't think so. (Laughter.) If you could build them. But I must say, Toyota and Mazda -- where are you? Are you here, anybody? Toyota? Mazda? I thought so. Oh, I thought that was you. That's big stuff. Congratulations. Come on, let me shake your hand. (Applause.) They're going to invest $1.6 billion in building a new manufacturing plant, which will create as many as 4,000 new jobs in the United States. Thank you very much. Appreciate it. (Applause.) And we're very pleased that just last month, Denso announced that it will invest $1 billion to expand its activities in Tennessee, a great state -- great state -- AMBASSADOR HAGERTY: (Inaudible) right here, Mr. President. PRESIDENT TRUMP: I know, I'm going to introduce him now. And create over 1,000 new jobs. And I do believe that's you -- another famous man. Come here. (Applause.) Great state. You're going to love being there. And again, it's really terrific. You watch, it's going to be -- it's going to go so smoothly. And the process is a much easier process now. So, thank you. Thank you both very much. I want to thank these companies, but I want to thank all of the companies that are coming in. Many companies have announced now that they're coming into the United States to do plants, to do factories, to move. You saw Broadcom is coming in -- top 100 company -- they announced on Thursday from the Oval Office. Anytime you'd like to expand a second -- see, I don’t have to do that now because you've already announced, so I don’t have to bother. But if you do a little more expansion, we'll do it from the Oval Office, you two, all right? (Laughter.) But we just did that announcement from the Oval Office. And Foxconn is coming in with a massive plant that is going to be in Wisconsin. And that was very exciting. They do the Apple iPhones, and it's going to be a tremendous success. But we have to do more. The United States has suffered massive trade deficits with Japan for many, many years. Almost $70 billion annually. Seventy billion. Many millions of cars are sold by Japan into the United States, whereas virtually no cars go from the United States into Japan, and our car industry is doing very well and our product is fantastic. So we'll have to negotiate that out, and we'll do it in a very friendly way, and I know it's going to be a successful negotiation. And one thing I can say -- that we make the greatest military equipment in the world. There's nothing close. And the Prime Minister is ordering a lot of military equipment, as he should be -- as he should be with what's happening with one of your neighbors. So that is happening. We had a case yesterday, as you know, where a missile was shot into Saudi Arabia, and their missile system defense -- took the missile right out of the air, blew it up. Incredible talent, incredible technology that we have. Incredible. The accuracy that you can stop something like that, it's like a needle in the air going very, very fast. And, just, we make incredible equipment, whether it's the planes, the missiles -- anything you can think about. There's nobody even close. So we're going to be doing a lot of business with many countries on defense. We want fair and open trade. But right now, our trade with Japan is not fair and it's not open, but I know it will be, soon. We want free and reciprocal trade, but right now our trade with Japan is not free and it's not reciprocal. And I know it will be. And we've started the process, and it's gone on for a long time, but I know that we will be able to come up with trade deals and trade concepts that are going to be fair to both countries, and, actually, I think will actually be better for both countries. And I have no doubt that it will be done in a quick and very friendly manner. I'm very optimistic about the future of our economic partnership. We are proud, for instance, that, after the United States, Japan is the largest owner of Boeing aircraft. Greatest commercial aircraft in the world. (Applause.) Is Boeing here? Boeing? PARTICIPANT: Right there, for Boeing -- PRESIDENT TRUMP: Oh, look at my guy. Stand up. Boy, have I made him -- (applause) -- come, come. (Inaudible.) You know, Melania had some of your stock. You know what happened? When I won, she was forced to sell it. (Laughter.) Fantastic. Great job you're doing. And I do love the F-18 also. I love the F-18. So we're joined this morning also by Ray Washburne. Where's Ray? Stand up. What are you doing in the back of the room like that, Ray? Since when have you become shy? (Applause.) Ray was with us from the beginning. Right from the day I announced, Ray felt very strongly about it. And Ray is now the CEO of the Overseas Private Investment Corporation, or OPIC, and Ray is working with the Japan Bank for International Cooperation to invest in bold, new infrastructure projects. This is a major development that will advance our shared interests in the region. I want to thank you for doing such a great job. From day one, the day I met you -- perfect job. Thank you very much. (Applause.) And in partnership with the United States, the sovereign nations of the Indo-Pacific will work together to achieve a future of security, prosperity, and peace. We will have more trade than anybody ever thought of under TPP, that I can tell you. TPP was not the right idea. Probably some of you in this room disagree, but ultimately I'll be proven to be right. We will have much bigger trade with the way we're doing it right now, and it will be a much less complex situation. We cherish the friendship between the United States and Japan. And I cherish my friendship with Prime Minister Abe. We welcome more Japanese investments into the United States. We believe that a balanced economic partnership will unlock new frontiers for discovery, unleash new prosperity for our citizens, and improve the lives of millions and millions of people all around the world. We're grateful for everything you do to promote opportunity in both Japan and the United States. We look forward to many years of cooperation, innovation, collaboration, and unbelievable trade -- unbelievable trade. It's happening and it's going to happen. So I want to thank everybody for being here today. Again, you are the rock stars of business. Amazing people. I hope your family recognize how important you are. Oftentimes, they don't. Right? (Laughter.) But you really are. You're the rock stars of business, and it's an honor to be with you. And I think as soon as the media leaves, we'll do some question and answers. Okay? Thank you very much. Thank you. Thank you very much everybody. (Applause.) END 9:39 A.M. JST
President Donald J. Trump commenced his trip to Asia with a visit to Japan that began on November 5 and will conclude tomorrow on November 7. During the visit, the President met with American and Japanese military service members, participated in bilateral meetings and social events with Prime Minister Shinzo Abe, met their Majesties the Emperor and Empress, engaged Japanese and American business leaders, and met with the families of Japanese citizens abducted by the North Korean regime. The President congratulated Prime Minister Abe on his recent electoral victory and reaffirmed his desire to continue working closely with Japan. President Trump’s trip and summit meeting with Prime Minister Abe bolstered the United States-Japan Alliance; strengthened our shared resolve to maximize pressure on North Korea, including through trilateral cooperation with the Republic of Korea; boosted United States-Japan economic engagement; and aligned our strategic priorities toward a shared vision of a free and open Indo-Pacific. President Trump reaffirmed the unwavering commitment of the United States to Japan’s defense through the full range of U.S. military capabilities, both nuclear and conventional. President Trump thanked Prime Minister Abe for his role in the international pressure campaign toward North Korea, noting that Japan has been at the forefront of efforts at the U.N. Security Council and worldwide to develop and apply measures to politically and economically isolate North Korea in response to its unlawful nuclear and missile development programs. President Trump affirmed the importance of strengthening bilateral economic, trade, and investment ties. The President noted the importance of expanding trade and foreign direct investment between our two countries to strengthen economic growth and job creation. The President underscored his ongoing concern regarding the United States-Japan trade deficit in goods, which was $68.8 billion in 2016, and emphasized the importance of taking steps to address this matter and to achieve more balanced trade. President Trump reaffirmed the unwavering support of the United States for Japan’s permanent membership on a reformed U.N. Security Council. The President welcomed recent steps the United States and Japan have taken to strengthen their security, economic, scientific, and cultural relationship, which include the following: • In light of regional strategic threats exemplified by the recent unlawful North Korean nuclear tests and two missile launches over Japan, President Trump underscored the commitment of the United States to provide highly sophisticated defensive equipment to Japan, particularly in the area of ballistic missile defense to ensure the readiness and effectiveness of the Japanese Self Defense Forces. The President also welcomed Japan’s efforts to expand its roles and augment its capabilities within the Alliance. • President Trump and Prime Minister Abe reiterated their strong commitment to boost trilateral cooperation with the Republic of Korea in the face of the North Korean threat on anti-submarine warfare, ballistic missile defense, mine sweeping, and information sharing. The United States has already conducted joint exercises with Japan and the Republic of Korea in 2017. The two leaders announced new avenues for engagement to improve aviation and maritime interoperability and coordination. • President Trump and Prime Minister Abe reaffirmed their commitment to the realignment of the United States forces in Japan, so United States forces maintain operational and deterrent capability, while mitigating the impact on local communities. The leaders reconfirmed that relocation of Marine Corps Air Station (MCAS) Futenma to Henokosaki is the only solution that avoids the continued use of MCAS Futenma and called for the steady implementation of the construction plan for the Futenma Replacement Facility (FRF), noting the adverse impact of further delays on the ability of the Alliance to provide for peace and security. • President Trump and Prime Minister Abe reaffirmed their strong commitment to enhance United States-Japan cyber cooperation. The President emphasized North Korea’s increasingly disruptive activities in cyberspace, including the repeated targeting of government and military networks as well as networks of private entities and critical infrastructure. As the United States and Japan recognize the need for expanded cooperation, including with other allies and partners, President Trump and Prime Minister Abe endorsed strengthening United States-Japan coordination on cyber issues, including through the next rounds of the United States-Japan Cyber Dialogue and the United States-Japan-Republic of Korea Cyber Trilateral meeting. • On the South China Sea, the President underscored the critical importance of the peaceful resolution of disputes, unimpeded lawful commerce, and respect for international law, including freedom of navigation and overflight and other lawful uses of the sea, and discussed shared concerns over militarization of South China Sea outposts. • On October 16, 2017, the United States and Japan held the second round of the United States-Japan Economic Dialogue between Vice President Pence and Deputy Prime Minister Aso. President Trump and Prime Minister Abe discussed promoting balanced trade, including across the Indo-Pacific, by taking additional steps bilaterally to advance these objectives. Building on outcomes already achieved under the United States-Japan Economic Dialogue, President Trump recognized further steps taken by Japan in the areas of automotive standards and governmental financial incentives for motor vehicles, as well as efforts to strengthen the transparency of deliberations affecting the life sciences industry, as signs of continuing progress on bilateral trade issues. President Trump and Prime Minister Abe decided to accelerate engagement on trade in ways that expand the potential of the bilateral trade relationship. • The President noted that Japanese companies have invested more than $400 billion in the United States, and Japanese investment in the United States is growing at 8.9 percent per year. United States subsidiaries of Japanese-owned firms employ more than 850,000 workers in the United States, nearly half in the manufacturing sector. Just last month, Denso, a Japanese automotive components manufacturer, announced a $1 billion investment at its Maryville, Tennessee location, which will create more than 1,000 jobs. Since January 2017, Japanese companies have announced investments expected to amount to more than $8.3 billion in over 100 projects in the United States that will create more than 17,000 jobs. • President Trump and Prime Minister Abe affirmed that infrastructure projects in the Indo-Pacific should be consistent with market competition and transparency, responsible financing arrangements, open and fair market access, and high standards of good governance. President Trump took note of United States-Japan cooperation to support high-quality infrastructure development in third countries through fair and equal commercial partnerships and public-private collaboration. On November 7, the Overseas Private Investment Corporation will sign memoranda of understanding with its Japanese counterpart agencies, to establish a cooperative framework to provide finance, guarantees, or insurance for joint United States-Japan infrastructure investments in the Indo-Pacific region. • President Trump and Prime Minister Abe launched the Japan-United States Strategic Energy Partnership within the framework of the United States-Japan Economic Dialogue. The United States and Japan believe open, competitive energy markets are the best way to ensure secure, reliable, and resilient energy supplies. They plan to cooperate on fostering the development and use of advanced energy technologies, encouraging an efficient, transparent global natural gas market, and promoting the development and integration of energy-related infrastructure. On November 6, the U.S. Trade and Development Agency signed a memorandum of cooperation to enhance collaboration with the Ministry of Economy, Trade, and Industry to build the capacity of third countries’ to select high quality energy infrastructure solutions. • The two leaders took note of the long history of bilateral space cooperation and reaffirmed the strategic value of a multi-agency approach to strengthening cooperation in national security, commercial, and civil space activities. President Trump noted that the United States looks forward to continued strong cooperation with Japan, including when Tokyo hosts the second International Space Exploration Forum on March 3, 2018. • The leaders took note of bilateral health cooperation and the memorandum of cooperation the United States and Japan signed this year to promote research and exchanges in health and biomedical sciences and develop cooperation in healthcare delivery. The leaders reiterated their commitment to build global capacity to prevent, detect, and respond to infectious disease threats, including under the Global Health Security Agenda. • President Trump noted the memorandum of cooperation the United States and Japan signed this year to facilitate cooperation regarding the challenges associated with an aging population and housing market stability. This cooperation enables joint research on approaches to allow seniors to remain in their own homes and “age in place.” • President Trump praised the strong United States-Japan people-to-people relations, including two new sister-city relationships between the cities of Birmingham, Alabama and Maebashi, Gunma Prefecture, and Chattanooga, Tennessee and Tono, Iwate Prefecture in 2017, bringing the total number of sister-city relationships to almost 450. Thirty-seven Japan-America Society chapters in the United States are sustained by business ties to Japan. The United States-Japan Fulbright Program, supported by the two governments, has been a cornerstone of cooperation for more than 60 years. Last year, Japanese students added $620 million to the United States economy.
Dave is a big fan of electric vehicles - and of pick-and-shovel investing. Today he’s showing you how to combine these concepts to supercharge your portfolio.
Automotive supplier Denso announced plans Friday to invest $1 billion and create more than 1,000 new jobs in its main Tennessee facility to meet growing demand for electric…
DENSO Corporation (DNZOY) appears to be a good choice for value investors right now, given its favorable metrics and solid Zacks Rank.
Toyota (TM) is going to tie up with Mazda Motor Corp to develop electric-vehicles technology.
Автопроизводители Toyota Motor, Mazda Motor и поставщик автокомпонентов Denso объявили о подписании контракта на совместную разработку основных структурных технологий для электромобилей. Кроме того, компании также решили создать совместное предприятие EV Common Architecture Spirit Co Ltd, чтобы обеспечить эффективную реализацию совместных проектов технологического развития. У Toyota будет 90-процентная доля в уставном капитале нового предприятия, а у Mazda и Denso — по 5 %. Reuters/Paulo Whitaker