NEWS&PRODUCTS
 
  Nikon's CoolPix digital cameras get even better  
Ryoshoku streamlines logistics
Nippon Mitsubishi Oil gets new look
Mitsubishi Electric blurs distinction between phones and computers
Tokio Marine foils would-be car thieves
IT Frontier moves fast
NYK Line invents new ways to safeguard cargoes in shipping containers
Mitsubishi Motors unveils new sport-utility vehicle
Digital Photography Gets Even Better
Nikon, the Mitsubishi company famous for fine cameras and semiconductor manufacturing equipment, is leading the advance of digital photography. Its CoolPix 995 makes digital imaging a more compelling technology than ever in mainstream cameras.
High-end digital cameras that rival single-lens reflex (SLR) film cameras in performance have become available from Nikon and other manufacturers in recent years. But they still carry hefty price tags despite progress in lowering costs. Nikon made digital photography widely affordable with its CoolPix line of medium-priced cameras. In fact, the CoolPix line has become an industry standard for superior quality in middle-market digital cameras.
   Since the first CoolPix camera debuted in 1997, the CoolPix line has won acclaim for affordable, high-quality imaging. The cameras are popular with demanding amateurs and also in a wide and growing range of professional applications. Their resolution, especially, has increased steadily. From the 1,310,000 pixels of the original CoolPix 900, it rose to 3,340,000 in the Cool Pix 990, which appeared in spring 2000. The CoolPix 995 inherits the 990's 3,340,000-element charge-coupled device. But the new model is even more compact and sports a four-power zoom Nikkor lens.
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 It's the Coolest one yet.
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Wholesale Revolution
Ryoshoku, a Mitsubishi Corporation subsidiary, is revolutionizing Japanese wholesaling. Along the way, it has become Japan's largest wholesaler of processed food products, by far, with annual turnover of about ?700 billion (about $6 billion).
   "We have streamlined logistics by consolidating the most troublesome work at specialized processing centers," explains Ryoshoku's Masaharu Katsumata. He runs one of those centers, a brand-new facility near Tokyo. His company operates nine centers like his throughout Japan and scores of simpler distribution centers.
   Wholesalers' "most troublesome work" in Japan is preparing individual shipments. "U.S. retailers purchase most of their merchandise in the big cartons shipped by the manufacturers," notes Katsumata. "Wholesalers simply distribute the goods. But Japanese retailers buy most of their merchandise in smaller lots. We need to open the cartons from the manufacturers, withdraw items in the amounts ordered by the retailers, and place those items in shipping containers."
   Katsumata's center ships 300,000 items a day in 6,000 containers. "Accuracy is everything," he stresses. "Shipping mistakes antagonize retailers, and the follow-up processing costs time and money. We've reduced the rate of shipping errors to less than one in one hundred thousand."
   Ryoshoku also has reduced waste in packaging materials dramatically. That effort helped earn an ISO 14001 certification for environmental management--rare in the wholesale industry.
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 A scale weighs each delivery container before it goes out the door. The computer "knows" what is supposed to be in each container and, therefore, how much the container should weigh. Inspectors double check the contents of any container that differs significantly from the predicted weight.

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 Katsumata points to the production date markings. Ryoshoku ships on a first-in, first-out basis and refuses to accept out-of-date goods.
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 Each container carries a shipping list that activates electronic indicators to tell the people on the line what and how much to pack.
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 Ryoshoku delivers goods to retailers in returnable plastic containers. Its quality control procedures have all but eliminated shipping errors.
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Rebranding Japan’s Biggest Oil Company
Nippon Mitsubishi Oil, the biggest oil company in Japan, has adopted a unified brand for its nationwide network of gasoline stations. The company is the product of the April 1999 merger between Mitsubishi Oil and Nippon Oil (Nisseki). It had marketed gasoline since the merger through distribution networks that operated under the Mitsubishi and Nisseki names. On July 1, it began conducting all its distribution under the single name, Eneos. That name is a compound of the word energy and the Greek word, neos, for new.
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  "Premium or regular? And shall we check your oil while you're here?"
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You’ve Got a Call
Will cellular telephones gradually acquire the capabilities of handheld computers? Or will the handhelds displace the cell phones by acquiring their communications capabilities? Whichever technology emerges on top in the end, you can be sure that Mitsubishi Electric will be an important player. The company is a leading supplier of cellular telephones around the world. And it now is becoming a serious competitor in handheld computers.
   Mitsubishi Electric's French subsidiary Trium recently launched the Mondo, a combination dualband phone, personal organizer, and pocket personal computer. Mondo lets users browse the World Wide Web and send and receive E-mail at their convenience. It connects to computers for exchanging data and plays MP3 music files. The Mondo even sends faxes.
   As a telephone, the Mondo supports mobile conference calls with up to six people at a time. The product also includes a voice recorder function. Talkative types will welcome the two-and-a-half hour talk time afforded by the long-lasting battery. The standby time is fully 100 hours.
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 Mitsubishi Electric's French Connection .

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Don’t Touch that Car
Tokio Marine has developed an antitheft system for automobiles. Like other antitheft systems, Tokio Marine's system will alert the owner by cellular telephone or pager if an unauthorized person takes the wheel. It also will let the owner monitor the location of the stolen vehicle, as some other systems do.
   Tokio Marine's system, however, also will let owners sound the horn in the vehicle by remote control. That will call attention to the theft. The system even could let the owner switch off the engine by remote control. That would involve issues of traffic safety, though, which will need to be resolved before incorporating such a function. A control center can sound the vehicle's horn on behalf of the owner as necessary.
   Developing the antitheft system in cooperation with Tokio Marine is Omron Corporation, a leading manufacturer of process control equipment. The partners have achieved dramatic cost reductions, which will make the system 90% less expensive than comparable products.
   Vehicle theft is becoming a serious problem in Japan. Owners reported 56,000 stolen vehicles in 2000, up 63% over the total in 1997. Professional thieves make off with high-priced, late-model vehicles and ship them to other Asian nations. Tokio Marine's antitheft system promises to help put a dent in that element of Japan's trade surplus.
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  "My Galant! It was here just a moment ago!!!"
 
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Blazing Trails in Information Technology
IT Frontier, the result of the April 2001 merger of five Mitsubishi Corporation subsidiaries, is off to a fast start. It announced a tie-up on June 5 with India's two largest information technology companies: Tata Consultancy Services and Wipro Limited. The Indian companies will share software development capabilities with IT Frontier to configure information technology solutions for Japanese customers.
   Also on June 5, IT Frontier announced a tie-up with the Japanese company Network Associates in Internet security. The partners will provide customers with advanced support for Pretty Good Privacy (PGP) encryption. That encryption, which relies on two-way verification, ensures the confidentiality of information.
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Tender Loving Care
NYK Line, the original Mitsubishi company, recently announced two advances in handling cargoes in containers. The world's biggest marine transport company, NYK Line also operates overland transport links. Most of the cargo that it handles through intermodal--sea and land--connections travels in 20- and 40-foot long containers.
   One advance is water-absorbent sheet for preventing dew condensation on the container ceilings from dropping onto cargoes. NYK Line calls the invention CT (Condensation Terminator) Sheet. Customers will stretch the sheet across the top of the container interiors by fastening it easily to lashing rings. The CT Sheet will be especially valuable in preventing spoilage of such cargoes as coffee, cacao, and grains. It also will prevent rust damage to canned goods and water damage to cardboard cartons and wooden items.
Meet Mr. CES
The other recent advance is a service that lets customers access 14 years of data about conditions inside containers. Customers access the data via the World Wide Web. NYK Line has dubbed that service Mr. CES, for Container Environment Measurement Service. Customers can access data about trends in temperature, shock, and other conditions inside containers on different routes and with different cargoes.
   NYK Line also is working on several additional measures to safeguard container cargoes and otherwise improve container transport. That work takes place through a subsidiary, NYK Logistics Technology Institute. You can learn more about the technologies at NYK Logistics Technology's Web site: www.nyklti.co.jp. Or e-mail the company at info_LTI@jp.nykline.com.
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  You won't find any drips on the bottom of this container.
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Spectacular Unbelievable  Vigor
Mitsubishi Motors, a traditional leader in sport-utility vehicles (SUVs), has augmented its SUV lineup with an all-new model. It unveiled the Airtrek in Tokyo on June 20.
   The launch signifies a newly aggressive product strategy by Mitsubishi Motors in cooperation with DaimlerChrysler. Together, the companies are working to rekindle Mitsubishi Motors' leadership in SUVs.
   Mitsubishi Motors characterizes the Airtrek as a next-generation crossover SUV. In other words, the vehicle combines the rugged utility of an SUV with the comfort and amenity of a luxury urban vehicle. And it incorporates the latest technologies for maximizing safety and minimizing environmental impact.
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  Mitsubishi Motors president and CEO Takashi Sonobe introduces the Airtrek.

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 The automaker's chief operating officer, Rolf Eckrodt, congratulates Sonobe on the launch.
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FLASHES
Mitsubishi Plastics Develops Adapter for Memory Cards
A new adapter from Mitsubishi Plastics lets personal computers read and write data from and to secure digital (SD) memory cards and multimedia cards. Mitsubishi Plastics developed the adapter with Altech Computer Systems, of Germany.

Mitsubishi Corporation Invests in U.S. On-Line English Trainer
A U.S. investment arm of Mitsubishi Corporation has invested in GlobalEnglish Corporation, which provides English training over the Internet. Mitsubishi Corporation will market GlobalEnglish's services in Japan. It also will use those services for in-house training.

Mitsubishi Tokyo Financial Group’s Trust Units to Merge
Bank of Tokyo-Mitsubishi and Mitsubishi Trust Bank, along with Nippon Trust Bank, set up a common holding company, Mitsubishi Tokyo Financial Group, in April. Next, Nippon Trust Bank and another trust banking subsidiary of Bank of Tokyo-Mitsubishi will merge with Mitsubishi Trust Bank on October 1.

DC Card Upgrades Host Computer SystemDC Card Upgrades Host Computer System
Thirty-four companies of the DC Card Group have deployed a state-of-the-art host computer system. Their system handles credit verifications from retailers, manages cardholder information, supports external access, and monitors receivables.
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