Edition:
United States

Hitachi Transport System Ltd (9086.T)

9086.T on Tokyo Stock Exchange

1,808JPY
22 Jul 2016
Change (% chg)

¥-22 (-1.20%)
Prev Close
¥1,830
Open
¥1,800
Day's High
¥1,825
Day's Low
¥1,792
Volume
355,300
Avg. Vol
321,535
52-wk High
¥2,380
52-wk Low
¥1,577

Latest Key Developments (Source: Significant Developments)

Hitachi Transport System forms business and capital alliance with SG Holdings Co.,Ltd. and Sagawa Express Co., Ltd.
Wednesday, 30 Mar 2016 02:00am EDT 

Hitachi Transport System Ltd:Formed a business and capital alliance with SG Holdings Co.,Ltd. and on March 30.Through the business alliance, the three companies will work together on joint sales, vehicles centralized management, logistics improvement, global business expansion and resource business.Through the capital alliance, SG Holdings will purchase 10,655,240 shares (20 pct voting rights) of Sagawa Express at the price of 6,224 yen per share, effective May 20.SG Holdings will also purchase 32,349,700 shares (29 pct voting rights) of Hitachi Transport System, at the price of 2,707 yen per share, or 87,570,637,900 yen in all, from Hitachi, Ltd., effective May 19.After the transaction, Hitachi, Ltd will hold 30.01 pct voting rights in Hitachi Transport System, down from 59.02 pct.SG Holdings will become the second major shareholder of Hitachi Transport System, with 29.01 pct voting rights, up from 0 pct.  Full Article

R&I affirms Hitachi Transport System Ltd's rating at "A" and stable outlook
Thursday, 14 Jan 2016 01:00am EST 

Hitachi Transport System Ltd:Rating and Investment Information, Inc. (R&I) affirms the company's issuer rating at "A".Rating outlook stable.  Full Article

Hitachi Transport System to issue year-end dividend for FY 2015
Friday, 22 May 2015 05:00am EDT 

Hitachi Transport System Ltd:To issue a year-end dividend of 14 yen per share to all the shareholders of record as of March 31, for FY ended March 2015.Payment date June 8.Says latest dividend forecast was 14 yen per share.  Full Article

Hitachi Transport System announces changes of chairman of the board
Monday, 11 May 2015 02:00am EDT 

Hitachi Transport System Ltd:Appoints Junzo Takajima as the new Chairman of the Board in the company, to replace Takao Suzuki.Effective date June 23.  Full Article

Hitachi Transport System announces application of IFRS
Friday, 30 Jan 2015 01:00am EST 

Hitachi Transport System Ltd:To apply International Financial Reporting Standards (IFRS) as the new accounting method, to replace the current Japan Accounting Standards, starting from the annual report for fiscal year ending March 31, 2015.  Full Article

R&I affirms Hitachi Transport System Ltd's rating at "A" and stable outlook
Thursday, 13 Nov 2014 01:00am EST 

Hitachi Transport System Ltd:Rating and Investment Information, Inc. (R&I) affirms the company's issuer rating at "A".Rating outlook stable.  Full Article

Hitachi Transport System Ltd amends consolidated mid-year and full-year outlook for FY 2015
Friday, 24 Oct 2014 04:00am EDT 

Hitachi Transport System Ltd:Says the company amended the consolidated mid-year outlook for the FY ending March 2015.Revenue forecast increased to 329,000 million yen from 320,000 million yen.Operating profit forecast decreased to 7,600 million yen from 10,600 million yen.Ordinary profit forecast decreased to 8,000 million yen from 10,300 million yen.Net profit forecast decreased to 2,800 million yen from 5,100 million yen.Earnings per share decreased to 25.10 yen from 45.72 yen.Says the company amended the consolidated full-year outlook for the FY ending March 2015.Revenue forecast increased to 660,000 million yen from 655,000 million yen.Operating profit forecast decreased to 22,500 million yen from 25,000 million yen.Ordinary profit forecast decreased to 22,500 million yen from 24,400 million yen.Net profit forecast decreased to 10,000 million yen from 13,300 million yen.Earnings per share decreased to 89.65 yen from 119.23 yen.FY 2015 revenues of 657.70 billion yen, net income of 11.88 billion yen – Thomson Reuters I/B/E/S.Comments that increased sales revenue and increased costs are the main reasons for the forecast.  Full Article

BRIEF-Hitachi Transport System and Sagawa Express are expected to integrate their operations within 3 years - Nikkei

* Hitachi Transport System and Sagawa Express are expected to integrate their operations within three years - Nikkei Source - http://s.nikkei.com/25x2xn7 Further company coverage: