The Supreme Court of South Korea ruled in favor of victims forced into labor during Japan's 1910-1945 colonial rule, who filed compensation suits against Mitsubishi Heavy Industries Ltd. and the Hitachi Zosen Corp.
One of the victims, surnamed Hong alongside other surviving victims and families...
Ukrainian energy company DTEK said on Monday that two Hitachi Energy Ltd. subsidiaries delivered 52 transformers to Ukraine in an effort to replace energy infrastructure damaged in Russian strikes this month.
"New transformers, which are urgently needed to quickly restore light in the homes of...
KKR & Co. Inc announced on Thursday a tender offer seeking to take private Hitachi Transport System Ltd. in a deal estimated to be worth some ¥670 billion (US$5.2 billion).
The global investment firm bids ¥8,913 per Hitachi Transport share in the market, a premium of 166% over Hitachi Transport's...
Hitachi Ltd. plans to fully eliminate greenhouse gases from its supply chain by 2050, the Japanese industrial group announced in a statement on Monday.
Hitachi previously aimed to reduce direct emissions from its factories and offices to zero by 2030. Its updated climate goal includes its...
Thales Group, a France-based electrical systems maker for transportation and defense firms, unveiled on Wednesday that it will sell its railway signaling business to Japan's Hitachi, Ltd. in a deal valued at $2 billion.
The sale of the unit, dubbed Ground Transportation Systems, is expected to be finalized...
Japanese technology group Hitachi is looking to build new plants in the United States, China and Japan by the end of 2022 to expand the production of electric vehicle components, Nikkei reported on Friday.
The move will help establish the company as a top supplier of the key EV parts since the...
Hitachi Ltd. intends to invest around ¥300 billion ($2.7 billion) in the healthcare sector before the end of fiscal 2023, Nikkei reported on Thursday. The company plans to use half the funds for mergers and acquisitions, while the rest will be allotted to "fields where data analysis technologies can be...
Hitachi Ltd. announced on Wednesday it will sell its subsidiary Hitachi Metals Ltd. to a consortium led by United States-based Bain Capital Private Equity LP for ¥382 billion ($3.51 billion).
"An expected gain on the sale of Hitachi Metals Shares in the amount of approximately 114.0 billion yen [$1.05...
Bain Capital is close to reaching a deal to buy Hitachi Metals Ltd. for an estimated $8 billion, the Financial Times reported on Thursday. The agreement would involve Japanese parent company Hitachi Ltd. selling its 53% stake in the subsidiary.
Bain is leading a consortium, also including Japan Industrial...
Hitachi, Ltd. will buy American software developer GlobalLogic for $9.6 billion, Nikkei reported on Wednesday.
According to the report, the Japanese company intends to acquire all GlobalLogic shares from its shareholders in July and make it a part of Hitachi Global Digital Holdings.
The current...
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