Hitachi Construction Machinery Co Ltd

HCM

Company Profile

  • Business description

    Hitachi Construction Machinery manufactures and sells construction and mining machinery, and provides related services such as parts supply, rentals, and others. HCM was established in 1970 as a subsidiary of Hitachi, but its origins date back to 1949 when it introduced Japan’s first mechanical excavator. The company’s main products include hydraulic excavators for mining/construction, rigid dump trucks, and wheel loaders. As of August 2022, Hitachi is no longer the parent company of HCM, after selling 26% of its stake to HCJI Holdings, a joint venture between Itochu and Japan Industrial Partners. Currently, Hitachi has a 25.42% stake in Hitachi Construction Machinery as an equity-method affiliate. HCM is based in Tokyo.

  • Contact

    16-1, Higashiueno 2-chome
    Taito-ku
    Tokyo110-0015
    JPN

    T: +81 358268151

    https://www.hitachicm.com

  • Sector

    Industrials

    Stock type

    Sensitive

  • Industry

    Farm & Heavy Construction Machinery

    Fiscal Year End

    31 March 2027

    Employees

    28,306

Stocks News & Analysis

stocks

We lift our fair value estimate for this ASX energy play

Strong oil and LNG prices are a major win, though we don’t think they will stay high in the long term.
stocks

Chart of the Week: Headwinds for Aussie banks point to an imminent slowdown

Investor demand is expected to fade and slow credit growth as borrowers face higher costs and reduced tax breaks.
stocks

Hostile takeover on the cards for this ASX income opportunity

IFM lobs reasonable takeover offer.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries8,915.7016.000.18%
CAC 408,072.1331.96-0.39%
DAX 4023,954.5663.70-0.27%
Dow JONES (US)48,861.81280.12-0.57%
FTSE 10010,213.11119.68-1.16%
HKSE26,111.84432.061.68%
NASDAQ24,673.249.440.04%
Nikkei 22559,917.46619.90-1.02%
NZX 50 Index12,811.5341.230.32%
S&P 5007,135.952.85-0.04%
S&P/ASX 2008,687.009.400.11%
SSE Composite Index4,107.5128.880.71%

Market Movers