Hitachi to Restructure Elevator and Escalator Business in Japan Through Company Split
TOKYO, 23 October, 2013

Hitachi to Restructure Elevator and Escalator Business in Japan Through Company Split

Hitachi to Restructure Elevator and Escalator Business in Japan Through Company Split

Tokyo, October 23, 2013 --- Hitachi, Ltd. (TSE: 6501 / “Hitachi”) today announced that it has decided to transfer its elevator and escalator business in Japan and integrate it with Hitachi Building Systems Co., Ltd. (“Hitachi Building Systems”), a wholly owned subsidiary, on April 1, 2014. The purpose of this restructuring is to strengthen and expand the elevator and escalator business in Japan.

Share this article