Tokyo, March 16, 2009 – Hitachi, Ltd. (NYSE:HIT / TSE:6501) is actively examining and rigorously implementing structural reforms on a Group-wide basis to respond to a rapidly changing operating environment, to quickly turn around its performance and improve profitability, and to spur future growth.
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Tokyo, February 24, 2009 – The Centre for Process Innovation Ltd. (“CPI”), Hitachi, Ltd. (NYSE:HIT / TSE:6501, “Hitachi”) and Hitachi High-Technologies Corporation (TSE:8036, “Hitachi High-Technologies”) have agreed to begin a joint evaluation aimed at developing applications for direct methanol fuel cells (DMFCs) and creating a viable business in the U.K.
LONDON, 12 FEBRUARY 2009 – Hitachi, Ltd. (NYSE: HIT / TSE: 6501, “Hitachi”) today announced plans for the establishment of a rolling stock assembly and manufacturing facility in the UK1, following the announcement that Agility Trains, of which Hitachi is the main shareholder, has been selected as preferred bidder to supply new rolling stock for the Intercity Express Programme.
Tokyo, February 3, 2009 – Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced its consolidated financial results for the third quarter of fiscal 2008, ended December 31, 2008.
Tokyo, February 3, 2009 – Hitachi, Ltd. (NYSE:HIT/TSE:6501) today announced executive changes in accordance with a resolution passed by a meeting of the Board of Directors held today. The appointments take effect on April 1, 2009.
Tokyo, January 30, 2009 – Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced that the Company plans to record a valuation allowance against deferred tax assets for fiscal 2008, year ending March 31, 2009. Additionally on an unconsolidated basis, the Company plans to recognize losses related to write-downs of subsidiaries shares.
Tokyo, January 30, 2009 – Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced revisions to the Company's consolidated business forecasts for fiscal 2008, year ending March 31, 2009, which were announced on October 30, 2008, in light of recent business performance.
Tokyo, January 30, 2009 – Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced that it would rigorously pursue the following measures designed to improve profitability and spur future growth in the face of a rapidly changing operating environment. Hitachi is determined to implement far-reaching structural reforms while at the same time using its advanced technologies to address needs related to social, industrial, life and information infrastructure, fields that are expected to see growth over the medium and long terms worldwide.
LONDON, PARIS, BERLIN, WARSAW, 12 JANUARY 2009 – Hitachi Europe has today unveiled its new European brand campaign. The TV spot is scheduled to run in the UK, France, Germany and Poland and will be supported by widespread online presence in the same countries.
LONDON, 9 DECEMBER 2008 – Hitachi Rail Group (Hitachi) today announced that the first production standard sets of new Class 395 trains for Southeastern's high speed service have been shipped from their factory in Kasado, Japan. The shipment follows successful testing of the first four units on the High Speed 1 line between Ashford and St Pancras and on the Kent DC network.