Last ¥920.00 JPY
Change Today +2.30 / 0.25%
Volume 18.8M
6501 On Other Exchanges
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Company Description

Contact Info

6-6, Marunouchi 1-chome

Chiyoda-ku

Tokyo, 100-8280

Japan

Phone: 81 3 3258 1111

Fax:

d Datacenter Services program. In November 2012, Mitsubishi Heavy Industries Ltd. and Hitachi Ltd. announced that the two companies have reached a basic agreement on integrating businesses in fields centered on thermal power generation systems and jointly managing these operations. In December 2012, Hitachi Ltd. and Hitachi Plant Technologies, Ltd. signed an agreement with the Kingdom of Saudi Arabia's King Abdulaziz University (KAU) for joint research on water quality monitoring technology to be used in seawater desalination facilities. In April 2013, Hitachi Ltd. and Tokyo Electric Power Company Inc. announced that the two companies have established 'THE Power Grid Solution Ltd.', a new company to expand overseas the business of consulting and engineering in the power transmission field. This business would integrate Hitachi's system solutions technologies in the power transmission field, with TEPCO's planning, operation and maintenance expertise related to power transmission facilities. In May 2013, Hitachi Ltd., Hitachi Data Systems Corporation, and Hitachi Consulting Corporation announced new enterprise-class converged solutions and services to help customers accelerate adoption of and achieve faster time to value with the SAP HANA platform. In June 2013, Mitsubishi Heavy Industries Ltd. and Hitachi Ltd. announced that they have signed a basic integration agreement and a joint venture agreement in relation to the business integration centered on the thermal power generation systems. In September 2013, Hitachi Ltd. announced a principal agreement with Lietuvos Energija (LE) which would see the companies embark on comprehensive consultations in Lithuania covering a range of energy fields. In September 2013, the company and OSIsoft, LLC announced that they have signed an MOU to work together towards development and marketing in Social Innovation Business. In October 2013, Hitachi Ltd. announced an agreement with its technology partner Fortune Electric Co., Ltd. to establish the joint venture company Hitachi Fortune Transformer Inc. in Taichung, Taiwan in January 2014. The business activities of the new company are includes design, manufacturing, inspection, sales, installation and after-sales service for oil-filled transformers. In October 2013, Hitachi Ltd. announced the signing of an agreement with Lietuvos Energija, UAB (Lietuvos Energija group), which lays down the framework to seek and concretize potential cooperation formats in specific innovative non-nuclear energy technologies fields. In April 2013, Hitachi entered into a strategic partnership with GEMC and the Budker Institute of Nuclear. In January 2014, Mitsubishi Heavy Industries Ltd. and Hitachi Ltd. announced that the two companies agreed to collaborate on the distributed gas engine power generation systems business in China, and signed an agreement on this collaboration. Mitsubishi Heavy Industries Ltd. and Hitachi Ltd. announced that Mitsubishi Hitachi Power Systems Ltd. (MHPS), the new company to be established by the business integration centered on the thermal power generation systems of MHI and Hitachi in tandem with the launch on February 1, 2014, would launch 58 MHPS group companies (nine companies in Japan and 49 companies in other countries). In February 2014, Hitachi Ltd. has agreed to collaborate with Johnson Controls Inc. in the field of building solutions. The two organizations would initially focus their joint efforts in several projects planned in the U.S. of America and Singapore. In March 2014, De Persgroep selected Hitachi ID Systems for Identity Management. In May 2014, Hitachi Ltd. announced that it has reached an agreement to form a joint venture with Walid Ahmad Juffali Company Limited to develop a gas-establish insulated switchgear business. In August 2014, Hitachi Ltd. announced that they have begun joint research with three American universities - the Massachusetts Institute of Technology (MIT), the University of Michigan (U-M), and the University of California, Berkeley (UCB) - targeted at using Transuranium Elements as fuel, and the development of Resource-renewable Boiling Water R

 

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Industry Analysis

6501

Industry Average

Valuation 6501 Industry Range
Price/Earnings 12.8x
Price/Sales 0.4x
Price/Book 1.5x
Price/Cash Flow 12.8x
TEV/Sales NM Not Meaningful
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