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Hitachi Ltd (6501.T)

6501.T on Tokyo Stock Exchange

471JPY
28 Sep 2016
Change (% chg)

¥-6 (-1.32%)
Prev Close
¥478
Open
¥473
Day's High
¥475
Day's Low
¥468
Volume
12,211,000
Avg. Vol
22,764,078
52-wk High
¥755
52-wk Low
¥400

Latest Key Developments (Source: Significant Developments)

Hitachi needs to include deals to achieve goal of raising sales from railway unit to 1 trillion yen in early 2020s - Nikkei
Wednesday, 21 Sep 2016 02:15pm EDT 

Nikkei: Hitachi Ltd will need to include mergers, acquisitions to achieve goal of raising sales from railway business to 1 trillion yen ($9.92 bln) in early 2020s - Nikkei .Hitachi Ltd expects current production sites in Japan, the U.K. and Italy to lift sales only to between 700 bln and 800 bln yen - Nikkei.  Full Article

Hitachi Metals to stop production of China metal roll unit
Wednesday, 31 Aug 2016 03:25am EDT 

Hitachi Metals Ltd <5486.T>: Says its China-based unit, which is engaged in production of metal rolls, will stop production since Sep. 1 .Says the co plans to dissolve the unit.  Full Article

Hitachi to lower costs by 200 bln yen- Nikkei<6501.T>
Monday, 29 Aug 2016 06:06pm EDT 

NIkkei : Hitachi to cut 200 billion yen in materials and fixed costs, projects a 540 billion yen operating profit for fiscal 2016 - Nikkei .  Full Article

R&I affirms Hitachi's rating at "A+" and announces stable outlook – R&I
Wednesday, 24 Aug 2016 02:00am EDT 

Hitachi Ltd <6501.T>: Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+" – R&I .Rating outlook stable– R&I.  Full Article

General Electric and Hitachi to sell a canada-based nuclear power venture - Nikkei
Thursday, 18 Aug 2016 02:33pm EDT 

: General electric and Hitachi to sell a canada-based nuclear power venture - Nikkei .GE Hitachi Nuclear Energy Canada will be sold to BWXT Canada, a subsidiary of BWX Technologies, for an undisclosed sum - Nikkei.  Full Article

Toshiba Medical Systems has made an offer to buy Takeda's unit Wako Pure Chemicals Industries - Nikkei
Thursday, 18 Aug 2016 01:01pm EDT 

: Toshiba Medical Systems has made an offer to acquire a Takeda Pharmaceutical subsidiary - Nikkei .Fujifilm Holdings And Hitachi Group also participated in first round of bidding for Takeda Pharma's Unit Wako Pure Chemicals Industries - Nikkei.  Full Article

Hitachi's European unit to build additional train cars for a British intercity rail project - Nikkei<6501.T>
Thursday, 4 Aug 2016 06:25pm EDT 

Nikkei: Hitachi's European unit to build additional 63 train cars for a British intercity high-speed rail project; deal estimated at about 20 billion yen - Nikkei .  Full Article

Ryosan suspends business takeover plan from Hitachi Ltd
Friday, 29 Jul 2016 03:21am EDT 

Ryosan Co Ltd <8140.T>: Says it has suspended the milli-wave IC business takeover plan, which was announced on Feb. 26 .Says the company planned to takeover the business from Hitachi Ltd <6501.T>.  Full Article

Hitachi to transfer shares of Hitachi Capital Corp after October
Friday, 22 Jul 2016 02:00am EDT 

Hitachi Ltd <6501.T>: Says the co will transfer 31.8 million shares of Hitachi Capital Corp <8586.T> to Mitsubishi UFJ Financial Group Inc <8306.T> and Mitsubishi UFJ Lease & Finance Co Ltd <8593.T> after October .Says in the previous release disclosed on May 13, the shares transfer was said to occur in August.  Full Article

Hitachi buys minority stake in Frauscher Rail Signalling Systems India - Nikkei
Friday, 15 Jul 2016 04:49pm EDT 

Nikkei: Hitachi takes stake in Indian railway equipment maker - Nikkei . Hitachi has purchased a minority interest in Frauscher Rail Signalling Systems India - Nikkei .Hitachi to start out by working with Frauscher Rail Signalling Systems India to develop equipment for orders - Nikkei.  Full Article

BRIEF-Hitachi needs to include deals to achieve goal of raising sales from railway unit to 1 trillion yen in early 2020s - Nikkei

* Hitachi Ltd will need to include mergers, acquisitions to achieve goal of raising sales from railway business to 1 trillion yen ($9.92 bln) in early 2020s - Nikkei