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hitachi chemical co ltd (4217) Details

Hitachi Chemical Company, Ltd., together with its subsidiaries, manufactures and sells functional materials, and advanced components and systems primarily in Japan and internationally. The company offers semiconductor related materials, including chemical mechanical planarization slurry, high heat resistant fine polyimides, photosensitive insulation coatings, die bonding pastes and films, epoxy molding compounds, liquid encapsulants, cleaning sheets, high heat resistant coating materials, die bonding tapes, map molding support tapes, release sheets, and dicing films; and display and touch panel related materials, such as anisotropic conductive films, transparent conductive transfer films, optical clear adhesive materials, and adhesive films. It also provides photovoltaic related materials comprising conductive films and wavelength conversion particles; advanced films, RFID tags, foam products, and food wrap films; lithium-ion batteries materials, carbon brushes, carbon products, and ceramics; electrical insulating materials and resins; base and process materials for PWBs; and white Epoxy molding compounds for LED reflectors. In addition, the company offers automotive products consisting of molded plastics, poly-sheets, carbon sliding materials, SPD films, protective films, automotive batteries, and powder metal products; and industrial batteries and capacitors, as well as electrical equipment, including DC power supply units and systems, and uninterruptible power supply products. Further, it provides printed wiring boards (PWBs), such as high layer PWBs, high density multi wiring boards, and PWBs for IC testers; and diagnostics and instruments, such as allergy diagnostic kits, tear total IgE detection kits, and in-vitro diagnostic kits, as well as golf carts. The company was founded in 1912 and is headquartered in Tokyo, Japan. Hitachi Chemical Company, Ltd. is a subsidiary of Hitachi, Ltd.

19,117 Employees
Last Reported Date: 06/17/16
Founded in 1912

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hitachi chemical co ltd
Bluejay Diagnostics, Inc. and Hitachi Chemical Co., Ltd. Announce Clinical Research Collaboration to Develop Point of Care Test for Allergic Conjunctivitis

Bluejay Diagnostics Inc. announced a collaborative clinical research agreement with Hitachi Chemical Co., Ltd. to develop a non-invasive, point-of-care test that measures total IgE in human tears. The technology could be used to aid in the diagnosis of Allergic Conjunctivitis, that is Pink Eye. Under this collaboration, Hitachi Chemical will provide its technology, knowledge and understanding of the product to perform clinical trials and regulatory applications in the United States, Europe and South America. Strengthening the allergy business is part of Hitachi Chemical's in vitro Diagnostics strategy. Collaboration in developing a point of care total tear IgE test with Bluejay and expansion into non-invasive in vitro diagnostics is right in line with this strategy. The agreement will provide Bluejay with access to Hitachi Chemical's Allerwatch product - currently marketed in Japan for diagnosis of Allergic Conjunctivitis - for exclusive development, marketing and manufacturing in North America, South America and Europe.

Hitachi Chemical Company, Ltd. Announces Executive Changes

Hitachi Chemical Company, Ltd. announced the following executive changes. Toshihiko Miyauchi, Hiroyuki Morishima and Hiroyuki Yamashita executive officers of the company promoted to Vice President and Executive Officers of the company, effective April 1, 2017. Sakae Goka, Takuya Hirano and Shigeru Fujita are appointed as executive officers of the company, effective April 1, 2017. Hajime Nakayama announced retirement as executive officer of the company, effective March 31, 2017.

Hitachi Chemical Co. Ltd. Reports Consolidated Earnings Results for Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Year 2016

Hitachi Chemical Co. Ltd. reported consolidated earnings results for nine months ended December 31, 2016. For the period, the company’s revenue was ¥400,859 million against ¥415,342 million a year ago. Operating income was ¥40,730 million against ¥37,281 million a year ago. Income before tax was ¥41,792 million against ¥39,029 million a year ago. Net income attributable to owners of the parent was ¥31,323 million against ¥28,069 million a year ago. Basic EPS was ¥150.42 against ¥134.80 a year ago. Net cash provided by operating activities were ¥35,508 million against ¥53,162 million a year ago. Expenses for property, plant and equipment acquired was ¥23,649 million against ¥22,013 million a year ago. For the year ending March 31, 2017, the company expects revenue of ¥550,000 million, operating income of ¥53,000 million, income before tax of ¥54,500 million and net income attributable to owners of the parent of ¥39,500 million or ¥189.69 per basic share.


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Price/Earnings 16.5x
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TEV/Sales 1.0x

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