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Hitachi Kokusai Electric Inc (6756.T)

6756.T on Tokyo Stock Exchange

3,110JPY
23 Jan 2018
Change (% chg)

¥0 (+0.00%)
Prev Close
¥3,110
Open
¥3,115
Day's High
¥3,120
Day's Low
¥3,110
Volume
583,700
Avg. Vol
556,941
52-wk High
¥3,370
52-wk Low
¥2,275

Latest Key Developments (Source: Significant Developments)

Hitachi Kokusai Electric says rating withdrawal by R&I
Wednesday, 20 Dec 2017 03:14am EST 

Dec 20 (Reuters) - Hitachi Kokusai Electric Inc <6756.T>:Says Rating and Investment Information, Inc. (R&I)withdrew the rating on the company of "BBB+".  Full Article

KKR Has Brought Its Tender Offer For Shares Of Hitachi Kokusai Electric To A Close - Nikkei‍​
Friday, 8 Dec 2017 01:05pm EST 

Dec 9 (Reuters) - Nikkei::KOHLBERG KRAVIS ROBERTS HAS BROUGHT ITS TENDER OFFER FOR SHARES OF HITACHI KOKUSAI ELECTRIC TO A CLOSE - NIKKEI‍​.KKR ACQUIRED 26 PERCENT OF OUTSTANDING HITACHI KOKUSAI SHARES BY THE FRIDAY DEADLINE, ACCORDING TO SOURCES CLOSE TO THE MATTER - NIKKEI‍​.  Full Article

KKR said latest offer price for Hitachi Kokusai is final - Hitachi Kokusai
Thursday, 23 Nov 2017 11:53pm EST 

Nov 24 (Reuters) - Hitachi Kokusai Electric Inc <6756.T>:KKR <<>> said latest offer price for Hitachi Kokusai is final and won't be changed - Hitachi Kokusai.  Full Article

KKR raises bid price for unit Hitachi Kokusai, extends tender offer period
Thursday, 23 Nov 2017 11:18pm EST 

Nov 24 (Reuters) - Hitachi Ltd <6501.T>:U.S. buyout fund KKR & Co LP <<>> has raised its offer price for unit Hitachi Kokusai Electric Inc <<<6756.T>>> to 3,132 yen a share from 2,900 yen, its second increase, according to a statement issued by Hitachi Kokusai.KKR also extended the deadline for the tender offer to Dec. 8.  Full Article

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

BRIEF-Hitachi Kokusai Electric to retire treasury shares

* Says it will retire 2.5 million shares (2.4 percent of outstanding) of its common stock on March 13