Latest news with #Fujitsu
Nikkei Asia
a day ago
- Business
- Nikkei Asia
Lockheed deal highlights Fujitsu as under-the-radar Japan defense stock
Fujitsu will supply radar components to Lockheed Martin for ships equipped with the Aegis missile defense system. (Photo by Kyoko Hariya) KYOKO HARIYA TOKYO -- Fujitsu's share price has hit a 25-year high as its secretive defense segment has stepped into the spotlight. The Tokyo-listed stock has gained roughly 40% over the past year, touching 3,570 yen a share on Monday, its highest level since the bubble.
Nikkei Asia
a day ago
- Business
- Nikkei Asia
Lockheed deal highlights Fujitsu as surprise Japan defense stock
Fujitsu will supply radar components to Lockheed Martin for ships equipped with the Aegis missile defense system. (Photo by Kyoko Hariya) KYOKO HARIYA TOKYO -- Fujitsu's share price has hit a 25-year high as its secretive defense segment has stepped into the spotlight. The Tokyo-listed stock has gained roughly 40% over the past year, touching 3,570 yen a share on Monday, its highest level since the bubble.
Yahoo
2 days ago
- Business
- Yahoo
1Finity, a Fujitsu Company, Commences Operations and Reveals Brand Identity
1Finity to deliver high-quality network solutions to meet global market demands KAWASAKI, Japan, July 01, 2025--(BUSINESS WIRE)--1Finity today announced the commencement of operations under its new name and brand identity. As previously announced, 1Finity consolidates Fujitsu's global network-related organizations under one entity, to enable greater autonomy and flexibility. This move aims to accelerate and strengthen delivery of high quality, competitive network solutions on a global scale, and shape the future of telecommunications infrastructure for a connected society. 1Finity, which is a wholly owned subsidiary of Fujitsu Limited, will continue to deliver a full portfolio of optical and wireless hardware, software and services. With streamlined processes — from research and development to manufacturing, operation and maintenance — the newly formed company will enable networks without limits for customers, while operating in a sustainable manner. "As telecoms and data center network operators face pressure from escalating data demand, artificial intelligence (AI) adoption and rising costs, they require more agile and innovative network solutions," said Masaaki Moribayashi, Chief Executive Officer at 1Finity. "1Finity is well-positioned to help customers respond quickly to the rapidly changing market landscape with timely delivery of innovative products that maximize the use of innovative technology, software expertise and intelligent AI analytics." For more information, visit: About 1Finity Inc. 1Finity, a Fujitsu company, is a global provider of communications networks for our connected world. We uniquely combine technological leadership and expertise in open optical and wireless networking, network automation, and applied AI/ML to design, build, operate, and maintain critical digital communications network infrastructure. Collaborating closely with ecosystem partners, we deliver transformative outcomes for service providers and network operators, and enable them to lower TCO, improve network performance, and increase energy efficiency. For more information, visit 1FINITY and Fujitsu are trademarks of Fujitsu Limited in the United States and other countries. All rights reserved. The information provided in this press release is accurate at the time of publication and is subject to change without advance notice. View source version on Contacts Media Contacts: Susan North America and Europe Luke Asia Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Sky News
6 days ago
- Sky News
Post Office: Police identify seven suspects related to Horizon scandal
Police investigating the Horizon Post Office scandal have now identified seven suspects, with more than 45 people classed as "persons of interest". A "scaled-up" national team of officers has been in place for over six months as part of Operation Olympos - dedicated to looking at crimes related to the Horizon Post Office scandal. The number of suspects has increased to seven since before Christmas, as part of a UK-wide investigation involving 100 officers. Four have now been interviewed under caution. Hundreds of subpostmasters were wrongfully convicted of stealing after faulty computer software created false accounting shortfalls in Post Office branches between 1999 and 2015. Commander Stephen Clayman, Gold Command for Operation Olympos, described a "huge shift" in terms of their investigation and "significant progress". "We've got over four million documents that are going to rise to about six million documents," he said, "but we're beginning to methodically work through those and looking at individuals who are associated with certain prosecutions." He described a "pool of about 45 people plus" classed as "persons of interest", with that number "expected to grow". He added that officers have questioned "some" in the past and "more recently" and are looking at the offences of perverting the course of justice and perjury. The "wider pool" of persons of interest is made up of Post Office investigators, lawyers, and "management" across Fujitsu and the Post Office. 11:28 The team of officers will be identifying actions which could amount to criminal offences on both an individual and corporate basis. Any decisions made on whether to charge will not happen until after the Post Office inquiry findings are "published and reviewed". The Operation Olympos officers are part of four teams - a London hub and three regional teams - who have been described as "highly motivated" across England and Wales. Police Scotland and the Police Service of Northern Ireland are also helping. Cmdr Clayman said that officers "will be building a robust case" to pass on to the Crown Prosecution Service. He also added that, compared to the inquiry, his officers will have to "prove this to the criminal standard…a much, much higher standard". He described feeling "optimistic" and "confident" that the teams will have "some successful outcomes", and said they are "working as hard and as quickly as (they) can". Teams are involved in what has been described as a "focused strategy which gets to the heart of the issues". Their investigations are being overseen by the National Police Chiefs' Council and the Metropolitan Police. Victims have also been told that the police will not be reinvestigating every case but "taking a speculative look at cases" to focus on key people involved and evidence for prosecution. Operation Olympos is also making use of special software to help process the amount of evidence to sift through material in relation to key events and identified cases. Of the four suspects interviewed under caution, two were questioned in late 2021, one in late 2024 and the most recent in early 2025.
Telegraph
22-06-2025
- Business
- Telegraph
Post Office admits Horizon scandal staff are compensating victims
The Post Office has admitted that staff linked to wrongful prosecutions of postmasters are still working in a department which compensates victims of the scandal. Chairman Nigel Railton has acknowledged three so-called 'past roles employees' remain employed in the organisation's remuneration unit. It came after the chair of the advisory board for compensating victims said how postmasters had been left 'deeply distressed' after encountering certain members of staff. The Telegraph can reveal one employee was involved in the mediation scheme case of Lee Castleton, a former postmaster bankrupted as a result of civil action taken against him by the Post Office. More than 900 former sub-postmasters were wrongfully prosecuted as a result of the Horizon scandal, when faulty Fujitsu software incorrectly recorded shortfalls on their accounts. A public inquiry into the scandal is expected to produce its first report in the coming weeks, which will focus on the human impact of the scandal and the ongoing process of financial redress. Though various schemes were set up to compensate victims, Sir Alan Bates and others have criticised them for taking too long and for offering payouts far smaller than some have claimed for. The majority of the schemes – including the one set up to pay out Sir Alan and more than 500 others who took legal action against the Post Office – are now administered by the Government. However, the Post Office continues to run the Horizon Shortfall Scheme for victims who were neither wrongfully convicted nor involved in the High Court Case. Last month, The Telegraph revealed a former Post Office auditor who visited branches with suspected shortfalls, was, until recently, employed within the unit. And earlier this month, Christopher Hodges, chair of the Horizon Compensation Advisory Board, wrote to Mr Railton to express his concerns about staff who had roles linked to historic cases linked to the scandal. 'The issue is the ongoing involvement in redress and appeals work of Post Office staff who are perceived as having earlier been involved in the scandal,' he said. 'We continue to hear reports from victims who have met such staff in compensation meetings, and who find it deeply distressing and inappropriate.' 'No conflict' In a letter in response, Mr Railton said that as far as its 'analysis' showed, it had 'no employees working on redress who are in a position of actual conflict'. Mr Railton said some individuals who worked for Post Office while postmasters were being wrongfully prosecuted were employed in the Remediation Unit when it was set up. He then said the Post Office 'quickly acknowledged' that this gave rise to 'perceived conflict' particularly in the case of those who worked in roles 'even loosely connected with historic prosecutions' – known as 'past roles employees'. While the chair said the Post Office had 'taken steps to remove' these staff, he said the organisation was anxious that as these individuals hadn't been accused of wrongdoing, they were to be treated fairly and that the process should not 'slow down the pace of redress'. 'Leaving at the earliest opportunity' Mr Railton then added: 'As at the date of your last meeting (at which the oral update was given), we were in a position to report that all but two Past Roles Employees had been redeployed from the Remediation Unit (and many had left the business altogether), and that discussions were ongoing with the remaining two individuals with a view to their leaving Post Office. 'Since then, one further individual has been identified and the team is working towards their leaving Post Office too at the earliest opportunity.' One individual who continues to be employed within the unit is Shirley Hailstones, who is not accused of wrongdoing. Documents shown to the inquiry show Ms Hailstones gave feedback on a defence drafted on the Post Office's behalf in relation to victims' cases. And Ms Hailstones was also previously involved in the mediation case of Mr Castleton, who was portrayed by Will Mellor in the ITV drama Mr Bates vs The Post Office. Mr Castleton was ultimately told he would not be able to take part in the scheme and that his only option would be to take his case to court. The inquiry was shown emails from forensic accountant Ron Warmington and Ms Hailstones, a Post Office case review manager, sent in November 2013, discussing potential links between faults at different Post Office branches. Ms Hailstones did not copy-in former sub-postmasters Mr Castleton and Sir Alan to her email, before she shared it with then-Post Office irrelevant Angela van den Bogerd and said: 'This interaction in my view should not be widely circulated.' Speaking to The Telegraph, Mr Castleton said: 'It's entirely irrelevant whether any of these people are guilty of wrongdoing or not. 'From the perspective of former sub-postmasters, anybody working at the Post Office in that era will be tainted – it's the optics. They need to be removed.' A Post Office spokesman said: 'We do not comment on individual employment matters. 'We can confirm, as per our letter to the Advisory Board that has been published, there are three individuals leaving the Post Office at the earliest opportunity.'
