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DMG Mori Seiki Co., Ltd.
Native name
Traded asTYO: 6141
IndustryMachinery
Founded(October 26, 1948; 71 years ago)
HeadquartersNakamura-ku, Nagoya, Aichi 450-0002, Japan
Masahiko Mori
(President)
Products
  • Machining centers
  • CNC controls
RevenueJPY 160.7 billion (FY 2013) (US$ 1.57 billion) (FY 2013)
JPY 9.4 billion (FY 2013) (US$ 92.1 million) (FY 2013)
Number of employees
4,159 (consolidated, as of March 31, 2014)
WebsiteOfficial website
Footnotes / references
[1][2]

DMG Mori Seiki Co., Ltd. (DMG森精機株式会社DMG Mori Seiki Kabushiki-gaisha) (formerly Mori Seiki Co., Ltd.) is a Japanese company, headquartered in Nakamura-ku, Nagoya, engaged primarily in the manufacture and sale of machine tools.

Based on the agreement, DMG MORI will lend out the latest 5-axis machining center to the industrial research laboratory in Mie prefecture and work on improving the technical level. The company also plans to lend a number of machine tools to industrial high schools and dispatch lecturers. DMG MORI also strive to promote industrial training. You can use LuxaCrown in both crowns and bridges to give the remaining tooth long-term protection, to restore anatomical form, masticatory function and for esthetic corrections. The durability of LuxaCrown makes it especially well suited for the long-term monitoring of treatment success while bridging the gap during healing stages and in difficult restorations. DMG America LLC is located in Ridgefield Park, New Jersey. The company has an experienced network of sales and support representatives available to help dental professionals meet their materials needs. To find a local DMG America Representative, please contact us at 800-662-6383.

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Since its establishment in 1948, it has grown into one of the largest machine tool builders in the world. With its sister company in Germany, DMG Mori Seiki AG, it markets machine tools worldwide under the brand DMG Mori.

Circa 2009, Japan's Mori Seiki entered into a strategic partnership with Germany's Deckel-Maho-Gildemeister (DMG) of Gildemeister AG, yielding the current two DMG Mori Seiki organizations. In 2015 it was reported that the company will carry out a takeover bid to acquire its German partner.[3]

Details[edit]

DMG MORI SEIKI CO., LTD. is a manufacturer of machine tools, peripherals and systems, with more than 160,000 installations around the world. Mori Seiki is directed by President Masahiko Mori (森 雅彦Mori Masahiko), Dr. Eng., and employs over 4,000 individuals worldwide.

In the 21st century, DMG MORI SEIKI CO., LTD. established the Digital Technology Laboratory (DTL)[4] in Davis, California, USA. The mission of the DTL is to develop advanced software for new products.

Corporate affairs[edit]

The worldwide headquarters are located in Nakamura-ku, Nagoya, Aichi Prefecture.[5][6][7]

The U.S. headquarters are located in the Chicago Technical Center in Hoffman Estates, Illinois near Chicago with locations in Boston, Cincinnati, Dallas, Detroit, Los Angeles and New Jersey.[8] The facility overlooks Interstate 90 (Jane Addams Memorial Tollway). The building has 102,000 square feet (9,500 m2) of space and includes classrooms.[9] In November 2009 the current U.S. headquarters opened during a four-day event with over 2,200 visitors.[10] On April 1, 2010, as part of the deal between Mori Seiki and Gildemeister AG (DMG) the U.S. divisions of both companies merged into one unit.[11]

Convert dmg. DMG MORI SEIKI CO., LTD. has its offices in the Middlemarch Business Park in Coventry.[12] MORI SEIKI GmbH, the European division, has its head office in Wernau, Germany.[13][14]

In 2009, DMG MORI SEIKI CO., LTD. relocated its U.S. headquarters to a newly built building, designed by Itasca, Illinois-based Cornerstone Architects Ltd., located in the AT&T corporate center in Hoffman Estates.[citation needed]

From October 1, 2013 the company renamed from Mori Seiki Co., Ltd. to DMG MORI SEIKI CO., LTD..[15]

In 2016, DMG Mori opened its new 200,000 m2 plant in Ulyanovsk, Russia, starting production of its ecoline group of machine tools there, plus attendant training and service facilities.[16]

Products and Technologies[edit]

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A Mori Seiki CNC lathe

DMG MORI SEIKI CO., LTD.'s major products include computer numerical control (CNC)lathes, parallel-twin-spindle turning centers, multi-axis turning centers, five-axis turning centers, vertical machining centers, horizontal machining centers, linear motor-driven horizontal machining centers, operating systems, machining support systems, networking systems, and production support systems. Mori Seiki has 29 subsidiaries and six associated companies.

Throughout its history, the company has developed more than 200 models of CNC lathes and machining centers.

Service[edit]

DMG MORI SEIKI CO., LTD. provides service and support over the life of its machines. Service centers throughout the country provide customers local support with global backing.

Motorsports involvement[edit]

In 2014, DMG MORI SEIKI CO., LTD. became the exclusive premium partner of the Porsche 919 Hybrid Team, supporting its return to the top category of the FIA World Endurance Championship.[17]

References[edit]

  1. ^'Corporate Profile'. DMG Mori Seiki. Archived from the original on June 19, 2015. Retrieved June 17, 2015.
  2. ^'Company Snapshot'. Bloomberg Businessweek. Retrieved June 17, 2015.
  3. ^'Japan's DMG Mori Seiki to acquire German partner'. Nikkei Asian Review. Nikkei Inc. January 22, 2015. Retrieved June 17, 2015.
  4. ^http://us.dmgmori.com/dmg-mori-usa/dmg-mori-manufacturing-usa/digital-technology-laboratory
  5. ^'Corporate Profile.' Mori Seiki. Retrieved on January 30, 2011. 'Nagoya Head Office 2-35-16 Meieki, Nakamura-ku, Nagoya City, Aichi 450-0002, Japan.'
  6. ^'DMG MORI SEIKI CO.,LTD. A Change in our URL Notice'. www.dmgmoriseiki.co.jp.
  7. ^Direct map image linkArchived July 14, 2011, at the Wayback Machine Mori Seiki. Retrieved on January 30, 2011. 'Nagoya Head Office 2-35-16 Meieki, Nakamura-ku,Nagoya City, Aichi 450-0002, Japan.'
  8. ^HeadquartersArchived September 16, 2012, at the Wayback Machine. DG Mori Seiki USA. Retrieved on June 19, 2013. '2400 Huntington Boulevard Hoffman Estates, IL 60192'
  9. ^'Mori Seiki opens headquarters.' Daily Herald. October 23, 2009. Business p.1. Retrieved on June 19, 2013. 'Mori Seiki USA will celebrate the opening of its new headquarters next week in Hoffman Estates. The 102,000 square-foot building will house the machine tool company’s North American headquarters. The facility at 2400 Huntington Blvd., overlooking the Jane Addams Memorial Tollway, also includes classrooms.'
  10. ^AM Staff. 'Mori Seiki Unveils New U.S. Headquarters.' American Machinist. November 15, 2009. Retrieved on June 19, 2013.
  11. ^TMD Staff. 'DMG and Mori Seiki Officially Combine US Operations 4/1/10[permanent dead link].' Aerospace Manufacturing and Design. March 1, 2010. Retrieved on June 19, 2013.
  12. ^'Contact.' DMG Mori Seiki UK. Retrieved on June 19, 2013. '4030 Siskin Parkway East Middlemarch Business Park Coventry, CV3 4PE'
  13. ^'Impressum.' Mori Seiki Germany. Retrieved on June 19, 2013. 'Antoniusstraße 14 D-73249 Wernau'
  14. ^'Mentions légales.' Mori Seiki france. Retrieved on June 19, 2013. 'MORI SEIKI GmbH Antoniusstraße 14 D-73249 Wernau'
  15. ^Press release of September 30, 2013Archived November 16, 2013, at the Wayback Machine (PDF)
  16. ^'ULYANOVSK MACHINE TOOL OOO'. www.dmgmori.com.
  17. ^'DMG Mori supports Porsche's return to the World Endurance Championship'. Machinery Magazine. Findlay Media Ltd. March 10, 2014. Retrieved June 17, 2015.

External links[edit]

Media related to DMG Mori Seiki Co. at Wikimedia Commons

Retrieved from 'https://en.wikipedia.org/w/index.php?title=DMG_Mori_Seiki_Co.&oldid=916431188'

Highlights:

  • DMG Blockseer Japan has entered into a 5-year licensing agreement with a Japanese National Investigation Agency
  • The Japan Agency will use Blockseer technology to investigate and prosecute crimes relating to Bitcoin and Ethereum transactions, thefts, heists, and money laundering
  • Japan is the first major country to regulate cryptocurrency and as such, Japan is the ideal market for DMG Blockseer’s data analytic and forensic software products

VANCOUVER, British Columbia, Oct. 18, 2019 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (DMGGF:OTC US) (FRANKFURT:6AX) (“DMG” or the “Company”), a diversified blockchain and technology company, is pleased to announce that DMG Blockseer Japan has entered into a 5-year software licensing agreement with a Japanese National Investigation Agency.

Japan is one of the first countries to regulate cryptocurrency. Since April 2017, exchanges and other businesses involved in crypto are regulated by the Japanese Payment Services Act and report annually to the Financial Services Agency. Notable thefts and frauds in Japan include Mt Gox and Coincheck, the latter of which DMG Blockseer Japan was able to investigate and subsequently identify the wallets in which a large portion of the remaining stolen bitcoin are currently held.

Adrian Glover, Director of DMG Blockseer Japan commented, “Blockseer is one of two data analytics products we’ve been developing for several years. Blockseer is a state-of-the-art blockchain explorer that assists in conducting investigations, while Walletscore is an anti-money laundering tool, primarily used to determine the risk level of transacting with a given wallet. We established DMG Blockseer Japan Corporation as a joint venture company with JCIS in order to market and sell Walletscore and Blockseer into the Japanese market. We are thrilled that a Japanese National Investigation Agency has selected Blockseer for their forensic and investigative work.”

JCIS’s Naoji Kozuka added, “We are proud that one of the Japanese national agencies has selected a 5-year Walletscore and Blockseer license over the competition. We are continuing our efforts to on-board cryptocurrency exchanges along with audit and compliance institutions.”

By gaining the trust and credibility from government agencies, DMG intends to enter into additional agreements with crypto-exchanges, other companies, and law enforcement agencies in Japan and worldwide.

Investor Relations

DMG is also pleased to announce that it has retained Hybrid Financial Ltd. (“Hybrid”) to provide investor relations and marketing services to the Company. Hybrid has been engaged to heighten market and brand awareness for DMG and to broaden the Company's reach within the investment community.

The marketing and investor relations agreement with Hybrid has an initial term of six months from the date of TSX Venture Exchange (“TSXV”) approval and may be renewed by the parties in accordance with the agreement.

Hybrid will be paid a monthly fee of $7,500 plus applicable taxes and will be granted stock options to acquire up to 600,000 common shares of DMG at a price of $0.115 per share for a period of five years, vesting in stages over a period of 12 months in equal portions every three months, in accordance with the Company’s stock option plan and the policies of the TSXV. In accordance with the terms of the agreement, Hybrid will be paid additional fees equal to dollar amount of stock options that it exercises.

Hybrid is arm’s length to the Company and all services provided by Hybrid will comply with applicable securities laws and the policies of the TSXV.

The engagement of Hybrid remains subject to the approval of the TSXV.

About Hybrid Financial Ltd.

Hybrid is a sales and distribution company that actively connects issuers to the investment community across North America. Using a data driven approach, Hybrid provides its clients with comprehensive coverage of both American and Canadian markets. Hybrid Financial has offices in Toronto and Montreal.

Dmg Mori Nara Japan

-------------------------------------------------
About DMG Blockchain Solutions Inc.
DMG Blockchain Solutions Inc. is a diversified blockchain and cryptocurrency company that manages, operates and develops end-to-end solutions to monetize the blockchain ecosystem. DMG, with its Blockseer division located in Silicon Valley, intends to be the global leader in industrial scale crypto mine hosting – Mining as a Service (MaaS), crypto mining, blockchain forensics/analytics, and blockchain platform development.

For more information on DMG Blockchain Solutions visit: www.dmgblockchain.com

On behalf of the Board of Directors,
Daniel Reitzik, CEO & Director
For further information, please contact:

DMG Blockchain Solutions Inc.

Investor Relations: John Martin
Toll Free: 1-888-702-0258
Email: investors@dmgblockchain.com
Web: www.dmgblockchain.com
Direct: 778-868-6470

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Cautionary Note Regarding Forward-Looking Information

This news release contains forward-looking information based on current expectations. Statements about the Company’s plans and intentions, other potential transactions, statements that address the engagement of Hybrid and the approval by the TSXV, acquisition of customers, product development, events, courses of action, and the potential of the Company’s technology and operations, among others, are all forward-looking information. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company’s financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; access to equipment; market conditions and the demand and pricing for products; the demand and pricing of bitcoins; security threats, including a loss/theft of DMG’s bitcoins; DMG’s relationships with its customers, distributors and business partners; the inability to add more power to DMG’s facilities; DMG’s ability to successfully define, design and release new products in a timely manner that meet customers’ needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. DMG may not actually achieve its plans, projections, or expectations. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, the ability to successfully develop software, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to achieve goals and the price of bitcoin. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements.

The securities of DMG are considered highly speculative due to the nature of DMG’s business.

Factors that could cause actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, equipment failures, lack of supply of equipment, power and infrastructure, failure to obtain any permits required to operate the business, the impact of technology changes on the industry, competition, security threats including stolen bitcoins from DMG or its customers, consumer sentiment towards DMG’s products, services and blockchain technology generally, failure to develop new and innovative products, litigation, increase in operating costs, increase in equipment and labor costs, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by third parties in respect of the matters discussed above.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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