Tokyo, Japan, October 11, 2017 --- Hitachi, Ltd. (TSE:6501,”Hitachi”) announced in its press release titled “Notification of Execution of Basic Agreement pertaining to Tender Offer for Shares of Subisidiary” issued on April 26, 2017 (“Hitachi’s April 26 Press Release”), that the tender offer (the “Tender Offer”) has been scheduled to be conducted by HKE Holdings G.K. (Executor: William Janetschek, “HKE”) for the common shares of Hitachi Kokusai Electric Inc.
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Tokyo, October 4, 2017 --- Toyota Motor Corporation (Toyota) and Hitachi, Ltd. (Hitachi) today announced that they will embark on a collaborative creation to build a high-efficiency production model using an IoT platform. These two companies will conduct verification at Toyota's model plants (Toyota, Aichi Prefecture) starting from this October. Through this verification, they intend to establish a platform using Hitachi's IoT platform “Lumada”, which utilizes the latest digital technologies such as AI and big data analysis.
London, October 4th, 2017 --- Hitachi Europe Ltd., a subsidiary of Hitachi, Ltd. (TSE:6501), today announced that it is hosting its first Social Innovation Forum in Milan at Pirelli HangarBicocca on Wednesday 18th October 2017. The event, which forms the Italian leg of its global series of Social Innovation Forums, will discuss ideas with customers and partners to help solve societal challenges in Italy, and demonstrate Hitachi’s wide range of technologies.
Tokyo, September 27, 2017 ---Hitachi Automotive Systems, Ltd. today announced that its Advanced Driver Assistance System Electronic Control Unit (ADAS ECU) was selected for use in Nissan Motor Co., Ltd.'s completely redesigned Nissan LEAF, which commenced sales in September 2017.
London, September 15, 2017 --- Hitachi Europe Ltd. a subsidiary of Hitachi, Ltd., today announced that Mr. Yoshiyuki Ogura has been appointed as Chairman of the Board, Hitachi Europe Ltd. Mr Ogura is currently Managing Director of Hitachi Europe GmbH (Germany), a wholly owned subsidiary of Hitachi Europe Ltd., and will also continue in this role. The new appointment will be effective 1 October, 2017.
Tokyo, August 22, 2017 --- Hitachi, Ltd. today announced that it has received the notice of the request for arbitration which was filed against Hitachi as follows.
Tokyo, August 21, 2017 --- Hitachi, Ltd. and Hitachi Building Systems Co., Ltd. today announced the launch of the new TX Series escalator for India, Asia and the Middle East. The escalator has already been released in China, and will be released in stages across the remainder regions, commencing August 21, 2017.
London, August 11, 2017 - Hitachi Europe Ltd., a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501, “Hitachi”) today announced it has joined the HumanDrive project, an R&D project consortium selected by Innovate UK, “the UK’s Innovation Agency”, to develop methodologies and technologies based on artificial intelligence (AI) to support the deployment of connected and autonomous Vehicles (CAVs) in UK and globally.
Tokyo, Japan, August 9, 2017 --- Hitachi, Ltd. (TSE:6501, “Hitachi”) announced in its press release titled “Notification of Execution of Basic Agreement pertaining to Tender Offer for Shares of Subsidiary” issued on April 26, 2017 (“Hitachi’s April 26 Press Release”) that it has executed a basic agreement with HKE Holdings G.K. (Executor: William Janetschek, “HKE”) and HVJ Holdings Inc. (Representative Director and President: Tatsuo Kimura, “HVJ”) regarding a tender offer scheduled to be conducted by HKE for the common shares of Hitachi Kokusai Electric Inc.
Tokyo, July 31, 2017 --- Hitachi Ltd. commented on the captioned matter as follows.
Mitsubishi Heavy Industries, Ltd. today announced that it has filed an arbitration claim against Hitachi regarding the transfer price adjustment in connection with the certain boiler construction projects ("Projects") in the Republic of South Africa that involves Mitsubishi Hitachi Power Systems, Ltd. (“MHPS”), which is the joint venture company that integrated the respective thermal power generation system businesses of MHI and Hitachi.