Hitachi, Ltd. (the “Offeror”) hereby announces as follows that, on January 31, it resolved to implement a tender offer for the common shares of Hitachi High-Technologies Corporation (the “Target”, and its common shares, the “Target Common Shares”) in accordance with the Financial Instruments and Exchange Act (Act No. 25 of 1948, as amended; the “Act”, and this tender offer, the “Tender Offer”).
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Tokyo, January 31, 2020 --- Hitachi, Ltd. (TSE:6501) today announced its consolidated financial results for the third quarter of fiscal 2019, ended December 31, 2019
Note: All figures were converted at the rate of 110 yen to the U.S. dollar as of December 31, 2019.
Tokyo, January 31, 2020 --- Hitachi, Ltd. (TSE:6501) today announced the following executive changes to improve corporate value.
* Executives are listed by position and in Japanese alphabetical order of surname within each position.
Tokyo, January 31, 2020 --- Hitachi, Ltd. (TSE:6501, “Hitachi”) will strive to improve social value, environmental value and economic value and become a global leader by the Social Innovation Business under the 2021 Mid-term Management Plan, which started in FY2019.
While Hitachi plans on raising funds of 4-4.5 trillion yen, it will proceed with more aggressive investment for further growth of 2-2.5 trillion yen, as well as capital expenditures and shareholder returns in the 2021 Mid-term Management Plan.
Tokyo, Japan, January 31, 2020 --- Hitachi, Ltd. (TSE: 6501, “Hitachi”) today announced that as part of its efforts to achieve the goals of the 2021 Mid-term Management Plan, effective April 1, 2020, it will strengthen its management structures from the perspective of three management platforms: accelerating future growth through the global rollout of the Social Innovation Business using digital technologies; building structures to become a global leader; and strengthening the management base.
Hitachi's pioneering Hand Gesture Technogy solution is now available through Ubisecure Identity-as-a-Service (IDaaS)
Tokyo, January 16, 2020 --- Hitachi, Ltd. (TSE:6501, "Hitachi") today announced that Hitachi has joined WIPO GREEN as a contributing partner. WIPO GREEN is an open platform administered by the World Intellectual Property Organization (WIPO) to connect green technology seekers and providers in order to spread and promote innovation in, and the increased use of, environmentally friendly technologies.
Tokyo, January 10, 2020 – Hitachi, Ltd. (TSE: 6501, “Hitachi”) today announced that the Omika Works, which manufactures information control systems for social infrastructure systems and industries, was recognized by the World Economic Forum (“WEF”) as a Lighthouse advanced factory.
Holland, December 27, 2019 – Hitachi, Ltd. (TSE: 6501, “Hitachi”) and JR Automation Technologies, LLC (CEO: Bryan Jones, “JR Automation”) today announced that Hitachi has completed the acquisition of the robotic SI business mainly operated by JR Automation from funds managed by Crestview Partners (“Crestview”). The agreement to acquire JR Automation was announced on April 23, 2019 (EST) and the companies are pleased to have brought this deal to a successful conclusion.
Tokyo, December 18, 2019 --- Hitachi, Ltd.