Tokyo, Japan, November 17, 2017 --- Hitachi, Ltd. (TSE:6501, “Hitachi”) announced in its press release dated October 11, 2017 titled “Notification of Commencement of Tender Offer for Shares of Subsidiary” (“Hitachi’s October 11 Press Release”) that HKE Holdings G.K. (Executor: William Janetschek, “HKE”) has commenced a tender offer for common shares of Hitachi Kokusai Electric Inc. (President and Chief Executive Officer: Kaichiro Sakuma, “Hitachi Kokusai”) from October 12 (the “Tender Offer”), and the period of the Tender Offer is until November 24, 2017.
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Tokyo, November 17, 2017 --- Hitachi, Ltd. (TSE:6501, “Hitachi”) today announced its decision with respect to the partial sale of shares of Maxell Holdings, Ltd. (TSE:6810, “Maxell Holdings”) common stock owned by Hitachi (the “Offering”) as follows.
1. Outline of the Offering
(1) Name of stock to be offered: Common stock of Maxell Holdings, Ltd.
(2) Number of shares to be offered: 6,194,100 shares*
(3) Method of the Offering: Secondary offering by way of underwriting and over- allotment
London, November 16th, 2017 --- Hitachi Europe Ltd., a subsidiary of Hitachi, Ltd. (TSE:6501), today announced that it is hosting a Social Innovation Forum in London at The Berkeley Hotel on Tuesday 28th November 2017. The event, which forms the UK leg of its global series of Social Innovation Forums, will highlight how Social Innovation can lead to the creation of a safer, smarter and healthier future, as well as demonstrate Hitachi’s wide range of technologies.
Tokyo, Japan, November 15, 2017 --- Hitachi, Ltd. (TSE: 6501, “Hitachi”) and Hitachi Medical Computer Systems, Inc. (“HMCS”) today announced that they have decided to integrate the maintenance services and sales service support divisions related to medical devices business and electronic medical record business at HMCS as of April 1, 2018, and changing the name of the company to Hitachi Healthcare Systems, Inc. (tentative).
Tokyo, November 14, 2017 --- Hitachi, Ltd. (TSE: 6501, Hitachi) today announced the development of the technology increasing the speed of big data analytics on an open source software Hadoop-based distributed data processing platform(1)(“Hadoop platform”) by a maximum of 100 times that of a conventional system. This technology converts data processing procedure generated for software processing in conventional Hadoop data processing, to that optimized for parallel processing on hardware, to enable high-speed processing of various types of data in FPGA(2).
Tokyo, October 26, 2017 --- Hitachi, Ltd. (TSE:6501) today announced that the Board of Directors decided the interim dividend for the fiscal year ending March 31, 2018 as shown below in view of earnings performance and other factors.
Tokyo, October 26, 2017 --- Hitachi, Ltd. (TSE:6501) today announced its consolidated financial results for the second quarter of fiscal 2017, ended September 30, 2017.
Tokyo, October 20, 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 upgraded Note, which commenced sales in September 2017.
Milan 18 October, 2017 --- Hitachi, Ltd. (TSE:6501, “Hitachi”) today hosted the “Hitachi Social Innovation Forum 2017 Milan.” The aim of the Forum is to develop and strengthen partnerships with customers as part of measures aimed at expanding the Social Innovation Business using digital technologies in Italy.
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.