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Hitachi Ltd (HTHIY.PQ)

HTHIY.PQ on OTC Markets Group

22 Jul 2016
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$1.09 (+2.43%)
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Latest Key Developments (Source: Significant Developments)

Hitachi announces incorporation-type company split related to LCD panel, etc. manufacturing equipment business, and transfer of shares of new company
Friday, 11 Mar 2016 01:00am EST 

Hitachi Ltd:To transfer LCD panel, etc. manufacturing equipment business to a new subsidiary via incorporation-type split, on July 1.To transfer most of the shares of the new subsidiary to a new company of Polaris Capital Group Co Ltd, on July 1.  Full Article

ShinMaywa Industries to take over business from Hitachi 's unit Hitachi Building Systems
Friday, 26 Feb 2016 03:00am EST 

ShinMaywa Industries LTD:To take over building care packing system business from Hitachi Building Systems Ltd which is the wholly owned subsidiary of Hitachi Co., Ltd. for 16 million yen in total, effective on May 1.  Full Article

Ryosan to acquire millimeter wave IC business from Hitachi
Friday, 26 Feb 2016 01:00am EST 

Ryosan Co Ltd:To acquire 24GHz band millimeter wave IC business for automotive use from Hitachi Ltd on July 1.  Full Article

Koninklijke Philips to collaborate with Hitachi Data Systems‍​
Thursday, 18 Feb 2016 08:00am EST 

Koninklijke Philips NV:Announces a collaboration with Hitachi data systems, wholly-owned subsidiary of Hitachi, Ltd‍​.Collaboration is to deliver a highly scalable, high-performance vendor neutral archive (VNA) solution.Philips plans to launch the solution in the second half of 2016.  Full Article

Hitachi announces change of CEO
Wednesday, 3 Feb 2016 01:00am EST 

Hitachi Ltd:Appoints Hiroaki Nakanishi as new chairman of the board of executive officers and chief executive officer (CEO) to replace Toshiaki Higashihara, effective on April 1.  Full Article

Hitachi Ltd - EU fines Mitsubishi Electric, Hitachi 137.8 mln euros - Reuters
Wednesday, 27 Jan 2016 12:03am EST 

Hitachi Ltd:European Union antitrust regulators fined Mitsubishi Electric and Hitachi Ltd a total of 137.8 million euros ($149.8 million) on Wednesday for fixing prices of car alternators and starters. - RTRS.World No. 2 car parts maker Denso avoided a fine as it alerted the European Commission to the existence of the cartel. Reuters had reported on Jan. 25 that the cartel would be sanctioned by the EU competition watchdog.Mitsubishi Electric received the biggest fine at 110.9 million euros while Hitachi's sanction came to 26.9 million euros - RTRS.  Full Article

Hitachi Ltd - EU antitrust regulators to fine Japanese car accelerators cartel - sources - Reuters
Monday, 25 Jan 2016 05:33am EST 

Hitachi Ltd:EU antitrust regulators are set to hand down fines shortly to a cartel of Japanese car parts makers involved in fixing prices of car accelerators and starters, two people familiar with the matter said on Monday - RTRS.The companies in the cartel are world No. 2 parts maker Denso, Mitsubishi Electric Corp and a Hitachi Ltd unit, the people said - RTRS.It was not clear if there was a whistleblower among them and which company this was. Companies which report a cartel to the European Commission are not sanctioned - RTRS.Commission spokesman Ricardo Cardoso declined to comment. A Denso spokesman said: "We are not in a position to comment on the investigation." Hitachi and Mitsubishi Electric officials were not immediately available for comment - RTRS.  Full Article

Hitachi changes reorganization plan
Wednesday, 13 Jan 2016 01:00am EST 

Hitachi Ltd:Changes reorganization plan disclosed on July 21, 2015.New plan is to take over business (expect manufacturing departments), from subsidiary Hitachi Medical Corporation and sub-subsidiary Hitachi Aloka Medical, Ltd, on April 1.To merge Hitachi Medical Corporation with Hitachi Aloka Medical, on April 1, and Hitachi Medical as surviving firm.  Full Article

Hitachi issues consolidated full-year outlook for FY 2016
Wednesday, 28 Oct 2015 02:00am EDT 

Hitachi Ltd:Issued the consolidated full-year outlook for revenue at 9,950,000 million yen for FY ending March 2016.Operating profit after adjustment of 680,000 million yen.EBIT of 620,000 million yen.Net profit attributable to parent company's shareholders of 310,000 million yen.  Full Article

Hitachi to issue mid-year dividend for FY 2016
Wednesday, 28 Oct 2015 02:00am EDT 

Hitachi Ltd:To issue a mid-year dividend of 6 yen per share to all the shareholders of record as of Sep. 30, for FY ending March 2016.Payment date Nov. 26.  Full Article

BRIEF-Hitachi to transfer shares of Hitachi Capital Corp after October

* Says the co will transfer 31.8 million shares of Hitachi Capital Corp to Mitsubishi UFJ Financial Group Inc and Mitsubishi UFJ Lease & Finance Co Ltd after October