Tokyo, December 7, 2018 --- Hitachi Automotive Systems, Ltd. today announced that the company has signed an agreement with Knorr-Bremse AG, the German global market leader for braking systems, to transfer Hitachi Automotive Systems’ commercial vehicle steering business to Knorr-Bremse.
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LONDON, 00:01 GMT, Friday 30th November: The world’s biggest trial of commercial electric vehicles (EVs) has been given the green light by UK energy regulator Ofgem, bringing together leading power, technology, fleet and transport companies to test and implement the best approaches to the EV rollout for commercial enterprises.
Tokyo, November 22, 2018 --- Hitachi, Ltd. (TSE:6501) today announced the following retirement of a director.
Retiring Director [Effective November 22, 2018]
Continue to serve as a Chairman of the Board, Hitachi Chemical Company, Ltd.
About Hitachi, Ltd.
Tokyo, Japan, November 12, 2018 --- Hitachi, Ltd. (TSE:6501, “Hitachi”) and Hitachi Industrial Equipment Systems Co., Ltd.
On Wednesday 7th November at Glaziers Hall, London Bridge
London, October 31st, 2018 --- Hitachi Europe Ltd., a subsidiary of Hitachi, Ltd. (TSE:6501), today announced that it is hosting a Social Innovation Forum in London at Glaziers Hall on November 7th, 2018. The event, which forms the UK leg of its global series of Social Innovation Forums, will explore the business case for IoT and demonstrate its value as a driver of commercial revenue and an enabler of sustainable business.
Tokyo, Japan, and Rome, Italy, 29 October, 2018 – Hitachi, Ltd. (TSE:6501, “Hitachi”) today announced that Hitachi, Ltd. and its (indirectly) wholly owned subsidiary, Hitachi Rail Italy Investments S.r.l., have signed an agreement to acquire the 31.794 percent stake (63,588,837 ordinary shares) in Ansaldo STS S.p.A. owned by Elliott International, L.P., Elliott Associates, L.P. and The Liverpool Limited Partnership (together, “Elliott”) for a purchase price of Eur 12.7 per share.
Tokyo, October 26, 2018 --- Hitachi, Ltd. (TSE: 6501, “Hitachi”) today announced that it has executed a tender offer agreement (the “Agreement”) with Hennape Six SAS (the “Offeror”), a subsidiary of Faurecia S.A. (“Faurecia”), and Faurecia under which Hitachi agrees to tender all shares of common stock in Clarion Co., Ltd. (TSE: 6796, “Clarion”) held by Hitachi, in response to a tender offer (the “Tender Offer”) to be carried out by the Offeror for the shares of common stock of Clarion, a consolidated subsidiary of Hitachi.
Tokyo, October 26, 2018 --- Hitachi, Ltd. (TSE:6501) today announced its consolidated financial results for the second quarter of fiscal 2018, ended September 30, 2018.
Tokyo, October 26, 2018 --- Hitachi, Ltd. (TSE: 6501, “Hitachi”) today announced that it decided to conduct a public tender offer to acquire all issued shares of Yungtay Engineering Co., Ltd. (TWSE: 1507, “Yungtay”), an elevator and escalator company in Taiwan, and submitted a binding letter to Yungtay with the intent to acquire each share at 60.0 TWD. Additionally, Hitachi has signed a contract with Chou-Li Hsu, Honorary Chairman and founding family of Yungtay, that he will tender his 4.3% of shares in Yungtay, in the case of a public tender offer by Hitachi.
Tokyo, October 26, 2018 --- Hitachi, Ltd. (TSE:6501) today announced that the Board of Directors decided the interim dividend for the fiscal year ending March 31, 2019 as shown below in view of earnings performance and other factors.