Jun 30, 2016

Brexit risks pile up for Hitachi Construction, CEO says

The risks are piling up for Japan’s construction equipment makers in the aftermath of Brexit. Already contending with China’s slowdown and a rout in commodities prices, Hitachi Construction Machinery Co. now faces two new threats after the U.K.’s vote to quit the European Union: ...

Jun 23, 2016

Pay for Hitachi's Americas boss outshines that of other executives

Jack Domme, Hitachi Ltd. chief executive for the Americas, received ¥900 million in pay for fiscal 2015, far exceeding the remuneration of the firm’s other leaders, officials said Wednesday. Domme is the highest-paid Hitachi official on record, the company’s data show. In the same ...

Jun 11, 2016

Japanese firms operating in Britain concerned about Brexit

Japanese companies operating in Britain are increasingly concerned about the country’s possible exit from the European Union, a move that, if it happens, is expected to push up their costs. Concern is growing ahead of a national referendum on June 23 on Britain’s continued ...

May 11, 2016

Hitachi to invest ¥300 billion in Internet-connected projects

Hitachi Ltd. plans to invest about ¥300 billion ($2.8 billion) over the next three years in its “Internet of things” platform as the maker of power plants, bullet trains and elevators bets the technology will drive sales. The money will be used for acquisitions, ...

Mar 30, 2016

Hitachi, Sagawa Express agree to buy stakes in distribution businesses

Hitachi Ltd. and Sagawa Express Co. agreed Wednesday to buy stakes in each other’s distribution businesses as competition among Japanese logistics companies intensifies. Hitachi Transport System Ltd. will buy 20 percent of Sagawa Express Co. for ¥66.3 billion ($591 million) from its parent SG ...