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    6501   JP3788600009

HITACHI, LTD.

(6501)
  Report
End-of-day quote. End-of-day quote Japan Exchange - 06/14
6032 JPY   +0.82%
06/10HITACHIá : Overview of Strategic Direction
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06/07HITACHIá : IT Sector (PDF format, 3,626kBytes)
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06/07HITACHIá : Industry Sector (PDF format, 6,317kBytes)
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SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Hitachi mulls selling half of its stake in machinery subsidiary

10/23/2020 | 12:48am EDT

Hitachi Ltd. is considering selling about half its stake in Hitachi Construction Machinery Co. in a bid to streamline its business, sources close to the matter said Friday.

Hitachi currently owns around a 51 percent stake in the machinery subsidiary. The Japanese conglomerate has been focusing its resources on the infrastructure and information technology sectors and offloading subsidiaries not strongly connected to its core business.

To concentrate on key areas, Hitachi sold its entire stake in chemical unit Hitachi Chemical Co. to Showa Denko K.K. in April and is considering selling its listed steelmaking unit Hitachi Metals Ltd.

==Kyodo

© Kyodo News International, Inc., source Newswire

Stocks mentioned in the article
ChangeLast1st jan.
HITACHI CONSTRUCTION MACHINERY CO., LTD. -0.58% 3455 End-of-day quote.17.92%
HITACHI METALS, LTD. -0.05% 2123 End-of-day quote.35.57%
HITACHI, LTD. 0.82% 6032 End-of-day quote.48.39%
SHOWA DENKO K.K. 0.00% 3585 End-of-day quote.63.18%
All news about HITACHI, LTD.
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06/07HITACHIá : IT Sector (PDF format, 3,626kBytes)
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06/07HITACHIá : Industry Sector (PDF format, 6,317kBytes)
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More news
Financials
Sales 2022 9 530 B 86 549 M 86 549 M
Net income 2022 516 B 4 686 M 4 686 M
Net Debt 2022 1 678 B 15 242 M 15 242 M
P/E ratio 2022 11,2x
Yield 2022 1,95%
Capitalization 5 832 B 53 023 M 52 965 M
EV / Sales 2022 0,79x
EV / Sales 2023 0,72x
Nbr of Employees 350 864
Free-Float 95,7%
Chart HITACHI, LTD.
Duration : Period :
Hitachi, Ltd. Technical Analysis Chart | MarketScreener
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Technical analysis trends HITACHI, LTD.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 14
Average target price 6 713,93 JPY
Last Close Price 6 032,00 JPY
Spread / Highest target 33,0%
Spread / Average Target 11,3%
Spread / Lowest Target -41,6%
EPS Revisions
Managers and Directors
NameTitle
Toshiaki Higashihara President, Chief Executive Officer & Director
Yoshihiko Kawamura Chief Financial Officer
Norihiro Suzuki Chief Technology Officer, Manager-R&D Group
Seiichiro Nukui Chief Information Officer
George William Buckley Independent Non-Executive Director
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1st jan.Capitalization (M$)
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