Tokyo, May 12, 2017 --- Hitachi, Ltd. (TSE:6501) today announced its position and policy on decreasing investment unit on the stock exchanges in Japan as follows.
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Tokyo, May 12, 2017 --- Hitachi, Ltd. (TSE:6501) today announced that the Board of Directors decided the year-end dividend for the fiscal year ended March 31, 2017 as shown below in view of earnings performance and other factors.
Tokyo, May 12, 2017 --- Hitachi, Ltd. (TSE:6501; “Hitachi”) today announced that Bradken Limited (Chairman: Phillip Arnall, “Bradken”) has become a consolidated sub-subsidiary of Hitachi and a consolidated subsidiary of Hitachi Construction Machinery Co., Ltd. (President and Chief Executive Officer: Kotaro Hirano; “Hitachi Construction Machinery”), which is a consolidated subsidiary of Hitachi, on March 20, 2017 as a result of Bradken shareholders’ acceptance of the takeover offer for Bradken in Australia (the “Takeover Offer”).
Tokyo, May 12, 2017 --- Hitachi, Ltd. (TSE:6501) today announced that it posted impairment loss on affiliated companies’ common stock of 187.8 billion yen for shares whose fair value decreased as extraordinary loss on unconsolidated basis for the fiscal year ended March 31, 2017. The major factor is related to the exit from the commercial development of a laser-based uranium enrichment technology by GE-Hitachi Nuclear Energy Holdings LLC, in which Hitachi America, Ltd., Hitachi’s consolidated subsidiary owns a part of shares.
Tokyo, May 12, 2017 --- Hitachi, Ltd. (TSE:6501) today announced its consolidated financial results for fiscal 2016, ended March 31, 2017.
London, 27th April, 2017 --- Hitachi, Ltd. (TSE: 6501, “Hitachi”) today announced it has entered the elevator market in Europe with the acquisition of Temple Lifts Ltd. (“Temple”), the UK-based company which manages the sales, installation, maintenance and repair of lifts in the UK. Hitachi will expand its elevator business into the UK by using Temple’s sales channel, knowledge and existing high quality technology in lift maintenance, adding Hitachi’s highly efficient products.
Tokyo, Japan, April 26, 2017 --- Hitachi, Ltd. today announced that it has executed a basic agreement (the "Basic Agreement") with HKE Holdings G.K. (Executor: William Janetschek, "HKE"), which is indirectly held and operated by a related investment fund whose equity interests are wholly owned by Kohlberg Kravis Roberts & Co. L.P. (Co-Chairman and Co-CEO: Henry R. Kravis, George R. Roberts; including affiliate companies and other related business entities, collectively referred to as "KKR") , and with HVJ Holdings Inc.
Tokyo, 26 April, 2017 --- Hitachi, Ltd. today announced that it has concluded an agreement with SAP to be a supplier for the SAP HANA® Enterprise Cloud. This agreement builds on Hitachi's long-standing strategic alliance with SAP. Under the terms of the agreement, Hitachi and oXya, a Hitachi Group company and a leading SAP-certified provider of cloud services, will deliver their support services to customers via SAP HANA Enterprise Cloud.
Tokyo, April 26, 2017 --- Hitachi, Ltd. today announced that undetermined terms have been determined as follows, with respect to the issuance of stock acquisition rights to Executive Officers and Corporate Officers as stock options as stock-based compensation, announced on April 6, 2017.
Tokyo, Japan, April 25, 2017 --- Hitachi, Ltd. (TSE:6501, “Hitachi”) and Accudyne Industries (CEO ： Charles Treadway; “Accudyne”) today announced that the two companies have entered into an agreement regarding Hitachi’s acquisition of Accudyne’s subsidiaries and certain related assets that manufacture and sell air compressors under the “Sullair” brand ( Sullair (President: John (Jack) Carlson)).