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NIPPON Passport Secures 200 Million JPY in Pre-Series A Funding

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NIPPON Passport Co., Ltd. (Head Office: Tokyo, Japan, CEO: Nao Hashiguchi) announced that it has closed 200 million JPY in a pre-series A funding. The funding was led by private investors and business companies through a third-party allotment in a pre-series A funding round.

The government of Japan shows the target to attract 60 million foreign tourists annually by 2030. NIPPON Passport launched a new service NP Pass, a service to attract customers, and the commission fee is 10% of the total sales as contingency fees. We lead foreign visitors to our affiliate shops and transfer them from one shop to another.

With this pre-series A financing, NIPPON Passport improve NP Pass app and provide a simple and easy-to-use service. We also develop our affiliate shops and agents. At the same time, we examine the scheme of attracting foreign visitors to Japan and using discount coupons (vouchers), solve problems, and establish a smooth scheme for our service. As the next step, we aim to achieve Series A funding (1 billion JPY) at the end of April 2020.

  • About Our Service NP Pass

NP Pass is a service that attracts and sends foreign visitors to Japan both on pre-trip and on a trip, and lead them to our affiliate shops and restaurants.

The commission is 10% of the total sales as contingency fees. This service includes promotions for foreign tourists to Japan and issuance of coupons (vouchers).

 

Initial cost: Free

 

Monthly usage fee: Free

 

Commission fee: 10% of the total sales as contingency fees

If you are interested in our business or would like to register for membership, please contact us.

Contact & Inquiries: [email protected]

  • Comments from major shareholders

Shinsuke Hishiki: CEO, NIPPON Platform Co., Ltd.

Japan’s population has been steadily decreasing. We believe that NIPPON Passports service makes significant headway in collaboration with NIPPON Platform related to tablet solutions, and transfers from attracting customers for tourism consumption to making solutions for paving the way for regional revitalization.

With expanding the business know-how that NIPPON Passport has cultivated in Japan to overseas market, NIPPON Passport will create a cross-border customer service.

First of all, we hope that organic collaboration with NIPPON Passport will be achieved nationwide as soon as possible!

  • Comments from our board of directors

Nao Hashiguchi: President, NIPPON Passport Co., Ltd.

Our target is to attract 60 million foreign visitors to Japan in 2030. It is not enough for foreign visitors to get attractive local contents and information both on pre-trip and on a trip. NIPPON Passport is a tourism platform to solve this inconvenience.

In the future, we would like to enhance the quality of customer experiences and give the next approach to connect with the world to travelers looking forward to meeting our hometown and unique experiences.

Tharminder Singh: Director, NIPPON Passport Co., Ltd.

In todays world with the ever-changing nature of technology. Starting from AI to Self-driving cars we see that people moving away from products and towards experiences/travel. Using technology and smart mechanisms to harness the value of bringing people together through tourism inbound and outbound. Creating a value proposition that helps drive the industry and new ways of attracting people and traffic and increasing business.

We see a future with the diminishing population of Japan, in which Japanese culture would be experienced by the whole world and a future Japan with a ratio of 1 Japanese to 1 Foreigner. We would like to be at the forefront capturing that vision.

NIPPON Passport Co., Ltd.

Head office

:

2-14-5-3F Kamiosaki, Shinagawa-ku, Tokyo, Japan

URL

:

https://nippon-passport.com/en/

President

:

Nao Hashiguchi

Established

:

January 2018

Capital

:

201,000,000 JPY (Including capital reserves)

Business

:

Services for attracting foreign tourists

 

 

Support service for community revitalization and store redevelopment

 

Contact & Inquiries

NIPPON Passport Co., Ltd.

Masami Yokoyama

Public Relations

Tel: +81-36670-5186 / E-mail: [email protected]

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Huawei Releases Banking Resilience Index for 2020 and Beyond

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Measuring the Banking Industry’s Rises to the New Normal

SHANGHAI, Sept. 27, 2020 /PRNewswire/ — At HUAWEI CONNECT 2020, International Data Corporation (IDC), the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications and consumer technology markets, along with Huawei, have released a major White Paper titled "Banking Industry Rises up to the New Normal".  In this paper, IDC and Huawei survey the impact that Covid-19 has had on the banking industry and outlines steps that should be taken by banks to ensure their future success.  As part of this report, IDC and Huawei has developed a Banking Resilience Index, which quantifies the current status of banking by region in terms of six key measures.  This Index shows major regional differences and can be used by banks to assess their own Resilience and provides guidance for where to focus for future success.

At HUAWEI CONNECT 2020, Huawei and its partners are showing the wide range of FSI solutions, including Financial Cloud, smart branches, digital CORE and intelligent data platforms.  These solutions allow banks to reduce costs, increase agility to the rapidly changing FSI environment, attract and retain customers and position themselves against emerging competitors.  The recent disruptions to everyday life have moved the focus of financial services to Mobile and Huawei has been a leader in supporting the move to mobile interactions globally, based on the early experiences in China.  The insights we are sharing are allowing financial customers globally to respond and support customers in these trying times.

These experiences led Huawei to work with IDC on this report.  Some of the major findings in the report concern the financial impact of the pandemic on bank’s balance sheets, the exponential increase in digital payments from mobile devices and the dramatic shift in the role of branches in banking services.  In looking to the future, IDC finds that efforts should concentrate on:

Channel Upgrades – moving to a completely digital customer journey,
Communication Rethink – changing how services are delivered to customers,
Infrastructure Overhaul – building on hybrid cloud and microservices,
Data and Analytics Redefinition – building robust data lake and AI capabilities,
Workflow Reimagining – moving beyond paper and PCs to mobile workflows, and
Platform Transformation – incorporating emerging technologies such as 5G, AI and IoT, etc.

Taken together, the Banking Resilience Index and the focus areas, provide guidance for banks as they deal with the continuing challenges of "The New Normal".

Huawei will continue to expand its engagement with the world’s leading financial organizations and the insights provided by this report will provide a solid foundation for that work.

To download the white paper, please click the link: https://e.huawei.com/en/solutions/industries/smart-finance/banking-industry-rises-up-to-the-new-normal

HUAWEI CONNECT 2020 is an annual flagship event hosted by Huawei for the global ICT industry, and is being held in Shanghai from September 23 to 26, 2020. For more information, please visit:
https://www.huawei.com/en/events/huaweiconnect2020/

Related Links :

http://www.huawei.com/cn

http://www.huawei.com

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For Public Safety Due to Severe Weather and Wind, PG&E Expects to Turn Off Power to Approximately 89,000 Customers in Parts of 16 Counties

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Pacific Gas and Electric Company (PG&E) has announced that it will de-energize certain electrical lines as part of a Public Safety Power Shutoff (PSPS) due to a strong and dry offshore wind event. The PSPS event will affect customers in portions of 16 counties, primarily in Northern Sierra and the North Valley.

The first de-energization phase will begin early Sunday morning and impact approximately 15,000 customers. The second phase is expected to begin Sunday afternoon and will impact approximately 74,000 customers. This PSPS event is based on forecasts of widespread, severely dry conditions and strong, gusty winds. These conditions are expected to continue through Monday morning in most locations.

The power shutoff is expected to impact approximately 89,000 customers in portions of 16 counties, including: Alpine, Amador, Butte, Calaveras, El Dorado, Lake, Napa, Nevada, Placer, Plumas, Shasta, Sierra, Tehama and Yuba counties. Two customers within Sonoma County and 15 customers in Kern County are also expected to be included in the scope of this PSPS.

PG&E is working to improve its PSPS program by making events smaller in size, shorter in length and smarter for our customers. While PSPS is an important wildfire safety tool, PG&E understands the burden PSPS places on its customers especially for those with medical needs and customers sheltering-at-home in response to COVID-19.

Timeline for safety shutoffs

Based on wind forecasts, the process to shut off power will begin in the early morning hours of Sunday, Sept. 27. PG&E expects to begin de-energization for the first wave of 15,000 customers at approximately 2:00 a.m. on Sunday morning.

Weather forecasts project a lull in wind activity during the day on Sunday, and then escalating again Sunday late afternoon. At that timeapproximately 4 p.m.PG&E will begin de-energization for the second wave of 74,000 customers, primarily in the Central Sierra region.

Once the high winds subside Monday morning, PG&E will inspect the de-energized lines to ensure they were not damaged during the wind event, and then restore power. PG&E will safely restore power in stages as quickly as possible, with the goal of restoring power to nearly all customers within 12 daylight hours after severe weather has passed.

Customer notificationsvia text, email and automated phone callbegan Thursday, approximately 48 hours prior to the potential shutoff. Customers enrolled in the companys Medical Baseline program who do not verify that they have received these important safety communications will be individually visited by a PG&E employee to deliver the warning if possible, starting with customers who rely on electricity for critical life-sustaining equipment.

Potentially Impacted Counties and Customers

The power shutoff is currently expected to impact approximately 89,000 customers in the following 16 counties, including:

  • Alpine County: 573 customers, 6 Medical Baseline
  • Amador County: 5,465 customers, 400 Medical Baseline
  • Butte County: 18,001 customers, 1,726 Medical Baseline
  • Calaveras County: 9,978 customers, 386 Medical Baseline
  • El Dorado County: 30,259 customers, 2,011 Medical Baseline
  • Kern County: 15 customers, 0 Medical Baseline
  • Lake County: 55 customers, 2 Medical Baseline
  • Napa County: 216 customers, 5 Medical Baseline
  • Nevada County: 7,260 customers, 434 Medical Baseline
  • Placer County: 9,056 customers, 560 Medical Baseline
  • Plumas County: 785 customers, 24 Medical Baseline
  • Shasta County: 2,816 customers, 241 Medical Baseline
  • Sierra County: 1,099 customers, 22 Medical Baseline
  • Sonoma County: 2 customers, 0 Medical Baseline
  • Tehama County: 1,223 customers, 58 Medical Baseline
  • Yuba County: 1,891 customers, 152 Medical Baseline

Total: 88,703 customers, 6,027 Medical Baseline

Customers can use an address lookup tool to find out if their location is being monitored for the potential safety shutoff at www.pge.com/pspsupdates.

Heres Where to Go to Learn More

  • PG&Es emergency website www.pge.com/pspsupdates is now available in thirteen languages. Currently, the website is available in English, Spanish, Chinese, Tagalog, Russian, Vietnamese, Korean, Farsi, Arabic, Hmong, Khmer, Punjabi and Japanese. Customers will have the opportunity to choose their language of preference for viewing the information when visiting the website.
  • Customers are encouraged to update their contact information and indicate their preferred language for notifications by visiting www.pge.com/mywildfirealerts or by calling 1-800-742-5000, where in-language support is available.
  • Tenants and non-account holders can sign up to receive PSPS Zip Code Alerts for any area where you do not have a PG&E account by visiting www.pge.com/pspszipcodealerts.
  • PG&E has launched a new tool at its online Safety Action Center www.safetyactioncenter.pge.com to help customers prepare. By using the “Make Your Own Emergency Plan” tool and answering a few short questions, visitors to the website can compile and organize the important information needed for a personalized family emergency plan.

Community Resource Centers Reflect COVID-Safety Protocols

PG&E will open approximately 28 outdoor, open-air Community Resource Centers (CRCs) in every county where a PSPS occurs. These temporary CRCs will be open to customers when power is out at their homes and will provide ADA-accessible restrooms, hand-washing stations; medical-equipment charging; Wi-Fi; bottled water; grab-and-go bags and non-perishable snacks. PG&E updates its CRC locations regularly, click here for updates.

All CRCs will follow important health and safety protocols including:

  • Facial coverings and maintaining a physical distance of at least six feet from those who are not part of the same household will be required at all CRCs.
  • Temperature checks will be administered before entering CRCs that are located indoors.
  • CRC staff will be trained in COVID-19 precautions and will regularly sanitize surfaces and use Plexiglass barriers at check-in.
  • All CRCs will follow county and state requirements regarding COVID-19, including limits on the number of customers permitted indoors at any time. 

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric energy companies in the United States. Based in San Francisco, with more than 23,000 employees, the company delivers some of the nation’s cleanest energy to 16 million people in Northern and Central California. For more information, visit pge.com and pge.com/news.

Media Relations

415.973.5930

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SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Nano-X Imaging Ltd. of Class Action Lawsuit and Upcoming Deadline – NNOX

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NEW YORK, Sept. 26, 2020 — Pomerantz LLP announces that a class action lawsuit has been filed against Nano-X Imaging Ltd.  (“Nano-X” or the “Company”) (NASDAQ: NNOX) and certain of its officers.   The class action, filed in United States District Court for the Eastern District of New York, and docketed under 20-cv-04528, is on behalf of a class consisting of all persons other than Defendants who purchased or otherwise, acquired Nano-X securities between August 21, 2020 and September 15, 2020, both dates inclusive (the “Class Period”). Plaintiff seeks to recover compensable damages caused by Defendants’ violations of the federal securities laws under the Securities Exchange Act of 1934 (the “Exchange Act”).

If you are a shareholder who purchased Nano-X securities during the class period, you have until November 16, 2020, to ask the Court to appoint you as Lead Plaintiff for the class.  A copy of the Complaint can be obtained at www.pomerantzlaw.com.   To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. 

[Click here for information about joining the class action]

Nano-X purportedly develops and produces x-ray source technology for the medical imaging industry.

The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operational, and compliance policies.  Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Nano-X’s commercial agreements and its customers were fabricated; (ii) Nano-X’s statements regarding its “novel” Nanox System were misleading as the Company never provided data comparing its images with images from competitors’ machines; (iii) Nano-X’s submission to the U.S. Food and Drug Administration (“FDA”) admitted the Nanox System was not original; and (iv) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

On September 15, 2020, Citron Research published a report titled “Nano-X Imaging (NNOX) A Complete Farce on the Market – Theranos 2.0” (the “Citron Report”). With respect to Nano-X, the Citron Report stated that “this $3 billion company is nothing more than a science project with a simple rendering, minimal R&D, fake customers, no FDA approval, and fraudulent claims that are beyond the realm of possibility.”

The Citron Report revealed that the Company’s claims about its customers with commercial agreements were false.

The Citron Report also discussed how Nano-X has not published any data comparing images from its machines with other x-ray machines and that Nano-X’s statements that it was creating a novel solution to medical imaging were false.

The Citron Report noted and explained that the Company’s 510(k) application to the FDA for the Nanox System was an admission that the Company did not have a novel product, stating, in part: “By submitting a 510(K), you are saying you have nothing new and are seeking easy approval as you are just another product that has already been tested.

On this news, Nano-X’s ordinary share price fell $12.41 per share, or more than 25%, over the next two trading days to close at $36.80 per share on September 16, 2020, damaging investors.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

CONTACT: Robert S. Willoughby Pomerantz LLP [email protected] 888-476-6529 ext. 7980

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