NEC transfers a portion of its shares in NEC Capital Solutions, an equity method affiliate

NEC Corporation (TSE: 6701) has decided to transfer a portion of its shares in NEC Capital Solutions Corporation, an affiliated company accounted for by the equity method, to SBI Shinsei Bank, Ltd. The share transfer is scheduled to take place in October of this year.

NEC Capital Solutions was established in 1978 as a financial services company within the NEC Group. Since then, in addition to leasing various equipment and facilities, including information and communications technologies (ICT), the company has expanded its financing menu and broadened the range of solutions it provides to help customers solve various management issues.

As NEC focuses more on IT services and social infrastructure businesses, the company has decided it would be beneficial for NEC Capital Solutions to concentrate on medium- to long-term business growth and profitability improvement through collaboration with a financial business where new synergies may be expected.

As a result of this stock transfer, NEC Capital Solutions will no longer be an affiliated company of NEC accounted for by the equity method. However, NEC and NEC Capital Solutions will continue to work together to provide vendor finance services. Moreover, the name of NEC Capital Solutions will remain unchanged after the share transfer.

About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.

Ninja Transfers Launches Ninja Patches to Expand Product Offerings

 Ninja Transfers, the industry leader in custom DTF transfers for apparel has turned up the heat. Ninja Patches has been added to Ninja Transfers’ arsenal of heat-applied decoration options. Ninja Patches offers the highest quality custom patches in a variety of styles. With such a multitude of options, you can elevate the look, feel, and perceived value of any product.

The custom patches can be used on every type of product with just a heat press, including on hats, uniforms, jackets, backpacks, tote bags, denim and more. They can be used for brand recognition, elevating customization for your client, and promoting a cause or organization. The possibilities are endless.

Try any of Ninja Patches patch types, such as embroidered, full color printed, leather, as well as newer methods like silicone or PVC, woven and chenille. If you’re not sure what kind of patch works best for you, Ninja Patches offers a Patch Comparison Chart to help you decide which patch best fits your needs. Ninja Patches also has application tutorials on their website to make sure customers get long-lasting results every time.

When placing an order with Ninja Patches, customers can take advantage of bulk quantity discounts starting at 50 pieces. Plus, with no art or setup fees, pricing is as transparent as it gets when moving through the ordering process. Ninja Transfers’ addition of Ninja Patches to their product line is another step towards becoming a one-stop-shop for all decorating and custom apparel needs. Nina Patches understands that service, quality and speed matter most. Thanks to Ninja’s 1,000+ embroidery head facilities and their excellent customer service, they get the job done and done on time.

Whether you are a high-volume decorator or just starting out, customers can depend on Ninja for high quality custom patches in addition to everything else Ninja Transfers has to offer.

For more information on Ninja Patches product offerings, please visit their website at NinjaPatches.com.

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Tom Golubovich
888-356-3665
ninjatransfers.com

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Ninja Transfers’ UV DTF 3D PermaStickers are the Solution for Hard Good Customization

 Ninja Transfers, the industry leader in custom DTF transfers for apparel, recently launched a new solution for hard good customization. Their UV DTF 3D PermaStickers can be used for decorating mugs, tumblers, and any other hard goods with no heat required.

Crafted with precision using top-of-the-line UV DTF printing technology, Ninja Transfers’ UV DTF 3D PermaStickers offer vibrant colors that won’t fade over time, even when exposed to sunlight and harsh weather conditions. Plus, they are dishwasher safe.

Ninja Transfers’ UV DTF 3D PermaStickers are formulated to be applied much like a regular sticker but with far more permanent results. No specialized equipment is required. Customers need their hands and the provided squeegee, that’s it.

Ninja Transfers’ UV DTF 3D PermaStickers not only allow customers to expand their offerings beyond custom apparel, but also serve as a great solution for those already customizing hard goods that are looking for an easy, cost effective way to fulfill their orders.

For more information on Ninja Transfers’ UV DTF 3D PermaStickers, please visit their website NinjaTransfers.com.

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Tom Golubovich
888-356-3665
ninjatransfers.com

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Korindo Transfers Urban Forest Management to Bogor Regency Government

After three years of planting and maintenance under Korindo Foundation’s care, Pakansari Stadium’s urban forest (or Pakansari City Forest) was finally handed over to the Bogor Regency Government at the beginning of February 2023.
Korindo Foundation Chairman Robert Seung performed the handing-over ceremony with Bogor’s acting regent Iwan Setiawan, the handover fulfilling the region’s dream of owning a lush urban forest. Pakansari City Forest is, in fact, the first wooded area to be established in Bogor Regency.

“Through the Green Collaboration program, Korindo Group and Foundation are committed to supporting government efforts that keep our country’s natural environment and our beloved Earth sustainable,” said Robert Seung in his opening speech.

This green space was actually a part of the regency government’s masterplan, but for several reasons, its construction was put on hold. The project only saw the light in November 2019, when Korindo Foundation agreed to help out with the development.

And that’s how the commitment to revitalize the land outside Pakansari Stadium began. Starting with 1,294 Eucalyptus deglupta saplings, the Foundation kept planting until a total of 1,800 trees were reached, adorning a two-hectare area that’s sectioned into six planting zones.

For the next step, tree and land maintenance, local residents were given a chance to participate. Together with the Foundation, they conducted regular plant care that involved cutting weeds, cleaning up fallen branches, and pulling tangled weeds.

“After three years, I think we can all see how these seeds we planted have very much thrived and grown so large, making this place greener and much more pleasant to the eye. And from this forest, we can enjoy cleaner and fresher air,” said Robert Seung.

About Korindo
Korindo Group (Korindo) was established in 1969, and consists of companies engaged in the field of natural resources, industrial paper manufacturing, heavy industry, logistics, finance, and property. As one of the major corporate groups in Indonesia, Korindo has contributed significantly to the nation’s development in various ways. Visit https://www.korindonews.com, and watch the video www.korindo.co.id/group-profile/.

Through Korindo Foundation, we have a responsibility for building sustainable communities in various fields through our Corporate Social Contribution (CSC) programs. Our CSC activities focus on strategic, systematic and sustainable programs through 5 main program pillars, namely Education, Health, Economics, Environment, and Infrastructure. Learn more at https://korindofoundation.com.


Topic: Press release summary

Japan – DENSO Transfers Its Aftermarket and Non-automotive Business to DENSO Solution

DENSO Corporation today announced that on July 1, 2021, it will transfer its aftermarket and non-automotive products organization to DENSO Solution Japan Corporation, which at the same time will be renamed DENSO Solution Corporation. The transfer will include product planning, development and aftersales service functions undertaken by DENSO’s Automotive & Life Solutions Division and Customer Service Engineering Division.

Overall, the move aims to strengthen DENSO’s structure and foster seamless operations encompassing product planning, technology development, design, sales, quality assurance and aftersales. This will enable the new organization, DENSO Solution, to increase its responsiveness and speed and offer added value beyond expectations to solve various problems faced by customers.

In addition, DENSO Solutions will become the global headquarters for DENSO’s aftermarket operations. As part of this, DENSO will make efforts to improve its ability to quickly propose solutions that meet local needs, both in the Japanese and overseas markets. Such a focus will create synergies in DENSO’s global operations by sharing the solution model across regions and among group companies, ultimately helping to expand business.

In the future, DENSO Solution will utilize its integrated system in the aftermarket business to respond to the detailed needs of customers, and will accelerate and strengthen the provision of solutions in a society where cars, cities and people are seamlessly connected.

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