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    5486   JP3786200000

HITACHI METALS, LTD.

(5486)
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Hitachi Metals : Japan's Hitachi Metals to cut about 3,200 employees

10/27/2020 | 06:19am EDT

TOKYO, Oct 27 (Reuters) - Japan's Hitachi Metals Ltd , which makes components for cars and industrial equipment, said on Tuesday it would cut about 3,200 employees in Japan and overseas as it copes with the impact of the coronavirus.

It will try to make 1,000 of those job cuts through voluntary retirement, the company said. (Reporting by Kaori Kaneko; Editing by Andrew Heavens)


ę Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
HITACHI METALS, LTD. 0.00% 2122 End-of-day quote.35.50%
HITACHI, LTD. -0.63% 6142 End-of-day quote.51.09%
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Financials
Sales 2021 757 B 6 837 M 6 837 M
Net income 2021 -42 356 M -383 M -383 M
Net Debt 2021 135 B 1 218 M 1 218 M
P/E ratio 2021 -21,4x
Yield 2021 0,41%
Capitalization 907 B 8 189 M 8 196 M
EV / Sales 2021 1,38x
EV / Sales 2022 1,17x
Nbr of Employees 28 620
Free-Float 46,3%
Chart HITACHI METALS, LTD.
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Technical analysis trends HITACHI METALS, LTD.
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TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 4
Last Close Price 2 122,00 JPY
Average target price 1 894,25 JPY
Spread / Average Target -10,7%
EPS Revisions
Managers and Directors
NameTitle
Mitsuaki Nishiyama Co-Chairman, CEO & Executive President
Hiroaki Nishioka Chief Financial Officer & Head-Administration
Kenichi Nishiie Co-Chairman
Kazuya Murakami Managing Executive Officer, General Manager-R&D
Ryoichi Aida Chief Quality Officer & Head-Technology
Sector and Competitors
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HITACHI METALS, LTD.35.50%8 230
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HARMONIC DRIVE SYSTEMS INC.-36.12%5 006