HITACHI LOOKING TO SELL ITS SUBSIDIARY HITACHI METALS LTD.

Highlights –

• Hitachi looking to sell its subsidiary Hitachi Metals Ltd.
• Hitachi is in talks with U.S private equity fund Bain Capital for the same.
• Hitachi will also negotiate with Japan Industrial Partners Inc. for the sale.
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HITACHI LTD. TO BUY U.S GLOBALLOGIC INC. FOR $9.6 BILLION

Highlights –

• Hitachi Ltd. to buy U.S GlobalLogic Inc. for $9.6 billion.
• The acquisition is said to strengthen Hitachi’s digital operations in its wide range of business.
• Previously the deal was expected to close by end of July 2...

HITACHI ANNOUNCES ABOLISHMENT OF ‘HANKO’ SEALS FOR INTERNAL PAPERWORK BY 2022

Highlights –

• Hitachi announces the abolishment of ‘hanko’ seals for internal paperwork by 2022.
• It intends to do so by March 2022 and also reduce paper copies by 70 percent.
• The company also intends to slash the number of ...

HITACHI LTD. TO SCRAP ITS REMNANT SENIORITY-BASED PAY NORM

Highlights –

• Hitachi Ltd. to scrap its remnant seniority-based pay norm.
• The company needs to align pay at home with overseas operations.
• Currently, Hitachi is focused on infrastructure and related digital services.
• Hitach...

HOYA AND HITACHI ANNOUNCE LONG TERM TECHNICAL COLLABORATION

HIGHLIGHTS

• HOYA Corporation and Hitachi, Ltd. have signed a five year contract to strengthen technical collaboration.
• This collaboration is regarding EUS.

HOYA Corporation and Hitachi, Ltd. have signed a five year contract regarding ...