Sapporo Hokuyo mulls applying for public funds to boost capital

Sapporo Hokuyo mulls applying for public funds to boost capital

SAPPORO, Japan - Photo shows the headquarters of Sapporo Hokuyo Holdings Inc. in Sapporo's Chuo Ward on Jan. 18. The Hokkaido-based financial institution is considering asking the Financial Services Agency for an injection of public funds to boost its capital amid deteriorating economic conditions, sources close to the matter said on Jan. 18.

North Pacific Bank, Sapporo Bank to merge next Oct.

North Pacific Bank, Sapporo Bank to merge next Oct.

SAPPORO, Japan - North Pacific Bank President Tyuzo Yokouchi speaks at a press conference in Sapporo on Jan. 12. He said his bank and Sapporo Bank, both the banking subsidiaries of Sapporo Hokuyo Holdings Inc., will officially merge, possibly on Oct. 14, 2008. Yokouchi will become president of the post-merger bank, which will rank sixth among Japanese regional banks.

Hokuyo Electric's UGM-50LAP range finder

Hokuyo Electric's UGM-50LAP range finder

Hokuyo Electric has developed a range sensor that can withstand 50G of shock acceleration and more than 1,000 shocks of 25G. The distance to the target is determined from the reflection time of the laser. The measurement range is 120 meters when the laser scanning angle is 190 degrees, 20 milliseconds when measuring at a pitch of 0.32 degrees, and 80 milliseconds when measuring at a pitch of 0.08 degrees. The outer frame and the internal structure for scanning the laser have been designed to resist shock. The surface of the sensor is also hard coated to prevent scratches. The shock resistance has been increased 2.5 times compared to the conventional product. Heavy machinery is expected to be subjected to severe shocks and vibrations at the sites where they are used, and high reliability has been required of sensors for safety monitoring. We will prepare the production system and set the price for the launch.

North Pacific Bank, Sapporo Bank to merge next Oct.

North Pacific Bank, Sapporo Bank to merge next Oct.

SAPPORO, Japan - North Pacific Bank President Tyuzo Yokouchi speaks at a press conference in Sapporo on Jan. 12. He said his bank and Sapporo Bank, both the banking subsidiaries of Sapporo Hokuyo Holdings Inc., will officially merge, possibly on Oct. 14, 2008. Yokouchi will become president of the post-merger bank, which will rank sixth among Japanese regional banks. (Kyodo)

Sapporo Hokuyo mulls applying for public funds to boost capital

Sapporo Hokuyo mulls applying for public funds to boost capital

SAPPORO, Japan - Photo shows the headquarters of Sapporo Hokuyo Holdings Inc. in Sapporo's Chuo Ward on Jan. 18. The Hokkaido-based financial institution is considering asking the Financial Services Agency for an injection of public funds to boost its capital amid deteriorating economic conditions, sources close to the matter said on Jan. 18. (Kyodo)