Edition:
United States

Hitachi Kokusai Electric Inc (6756.T)

6756.T on Tokyo Stock Exchange

2,597JPY
24 May 2017
Change (% chg)

¥36 (+1.41%)
Prev Close
¥2,561
Open
¥2,554
Day's High
¥2,600
Day's Low
¥2,554
Volume
938,600
Avg. Vol
1,339,968
52-wk High
¥2,688
52-wk Low
¥1,358

Latest Key Developments (Source: Significant Developments)

R&I places Hitachi kokusai Electric on rating monitor with view to downgrading -R&I
Friday, 28 Apr 2017 03:36am EDT 

April 28 (Reuters) - Hitachi kokusai Electric Inc <6756.T>:Says Rating and Investment Information, Inc. (R&I) downgraded the company's rating to "BBB+" from "A-" -R&I.Says R&I put the company on rating monitor with view to downgrading -R&I.  Full Article

KKR announces tender offer to buy Hitachi Kokusai Electric
Wednesday, 26 Apr 2017 05:21am EDT 

April 26 (Reuters) - KKR & Co LP ::KKR announces tender offer to acquire Hitachi Kokusai Electric.Proposed tender offer price of JPY 2,503 per share and share repurchase price of JPY 1,710.34 per share.Japan Industrial Partners, Hitachi to each buy 20 pecrent of Hitachi Kokusai's Video & Communication Solutions segment after division of Hitachi Kokusai's units.Expects to make investment for deal from its Asian private equity fund.HKE Holdings expects to commence tender offer in early August 2017.Post-share consolidation after tender offer, Hitachi Kokusai to buy Hitachi's 51.67 percent holding of Hitachi Kokusai's shares in a share repurchase.To collaborate with Hitachi Group to further expand Hitachi Kokusai's businesses, establish a "stable business base through structural reforms".Hitachi Kokusai to conduct absorption-type company split; HKE Holdings G.K. to succeed to 100 percent of Hitachi Kokusai's Thin-Film Process Solutions business.Subsequently, HKE Holdings G.K. will transfer 20 percent of shares of Hitachi Kokusai to each of Hitachi Ltd and HVJ Holdings Co Ltd.  Full Article

Hitachi plans to sell unit Hitachi Kokusai Electric to KKR and Japan Industrial Partners - Nikkei
Tuesday, 25 Apr 2017 01:20pm EDT 

April 25 (Reuters) - Nikkei::Hitachi plans to sell chipmaking equipment unit Hitachi Kokusai Electric to private equity firms KKR and Japan Industrial Partners - Nikkei.KKR, Japan Industrial Partners aim to buy all Hitachi Kokusai shares through a tender offer estimated to exceed 200 billion Yen ($1.8 billion) - Nikkei.Hitachi plans to spend 1 trillion Yen on acquisitions over the two years to fiscal 2018 - Nikkei.  Full Article

R&I affirms Hitachi Kokusai Electric's rating at "A-" and announces stable outlook – R&I
Friday, 31 Mar 2017 02:05am EDT 

Hitachi Kokusai Electric Inc <6756.T>: Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-" – R&I .Rating outlook stable– R&I.  Full Article

Hitachi Kokusai Electric to offer early-retirement program
Thursday, 26 Jan 2017 01:00am EST 

Hitachi Kokusai Electric Inc <6756.T>: Says it to offer an early-retirement program with a subsidiary to employees, who are above 40 years old . Says offering period from late Feb. to middle March . Says the employees who take up the offer will retire on March 31 .The company will provide retirement payment and outplacement support to the retiring employees.  Full Article

Hitachi Ltd seeks to sell Hitachi Koki,a portion of Hitachi Kokusai Electric - nikkei
Tuesday, 4 Oct 2016 01:02pm EDT 

Nikkei: Hitachi Ltd seeks to sell Hitachi Koki and a portion of Hitachi Kokusai electric for total of more than 100 bln Yen ($972 MLN) - Nikkei .Hitachi Ltd has initiated a bidding process with a goal of unloading the stake by the first half of 2017 - Nikkei.  Full Article

Orders for semiconductor-manufacturing equipment picking up at seven major Japanese producers - Nikkei
Friday, 26 Aug 2016 06:14pm EDT 

: Manufacturing equipment picking up at seven major Japanese producers - Nikkei .Orders at seven major Japanese producers expected to total about 730 bln yen ($7.17 bln) in April-September first half of fiscal 2016 - Nikkei.  Full Article

Hitachi Kokusai Electric announces change of executive president
Wednesday, 3 Feb 2016 01:00am EST 

Hitachi Kokusai Electric Inc:Appoints Kaichiro Sakuma as new executive president to replace Manabu Shinomoto, effective on April 1.  Full Article

Hitachi Kokusai Electric to issue mid-year dividend for FY 2016
Monday, 26 Oct 2015 02:00am EDT 

Hitachi Kokusai Electric Inc:To issue a mid-year dividend of 14.00 yen per share to all the shareholders of record as of Sep. 30, 2015, for the fiscal year ending March 2016.Payment date Dec. 1, 2015.Says the dividend amount is above the latest forecast disclosed on April 27, 2015.  Full Article

Taiwan Semiconductor Manufacturing to buy machinery equipment from Sumitomo Heavy Industries Ion Technology, Hitachi Kokusai Electric, Hitachi High-Technologies and Lam Research International Sarl
Friday, 25 Sep 2015 02:20am EDT 

Taiwan Semiconductor Manufacturing Co Ltd:To buy a batch of machinery equipment at T$2,319 million in total from Sumitomo Heavy Industries Ion Technology Co., Ltd., Hitachi Kokusai Electric Inc., Hitachi High-Technologies Corporation and Lam Research International Sarl.  Full Article

More From Around the Web

BRIEF-R&I places Hitachi kokusai Electric on rating monitor with view to downgrading -R&I

* Says Rating and Investment Information, Inc. (R&I) downgraded the company's rating to "BBB+" from "A-" -R&I