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.
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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.
Tokyo, July 28, 2017 --- Hitachi, Ltd. (TSE:6501) today announced its consolidated financial results for the first quarter of fiscal 2017, ended June 30, 2017.
Tokyo, July 24, 2017 --- Hitachi Automotive Systems, Ltd. today announced that its lightweight, compact and highly reliable lithium-ion battery module has been chosen for Suzuki Motor Corporation’s new Swift HYBRID SG and Swift HYBRID SL, fitted with hybrid technology. The new models were launched on July 12, 2017.
Gloucester, July 19, 2017 --- Horizon Nuclear Power has today announced a partnership with Tecnatom, a global nuclear training services provider, as it looks to grow the future operational workforce for its lead project Wylfa Newydd on Anglesey, North Wales.
Tokyo, July 6, 2017 --- Hitachi, Ltd. entered into an agreement to acquire Accudyne Industries' subsidiaries and certain related assets that manufacture and distribute air compressors under the "Sullair" brand, as announced in its press release dated April 25, 2017 ("Hitachi Enters into Agreement to Acquire Air Compressor Manufacturer, Making a Full-Scale Entry into the North America Industrial Business").
Tokyo, July 3, 2017 --- Hitachi Automotive Systems, Ltd. and Honda Motor Co., Ltd. today announced the establishment of a joint venture company for the development, manufacture and sales of motors for electric vehicles on the premises of Hitachi Automotive Systems in Hitachinaka-shi, Ibaraki Prefecture.