Hints and tips:
...Despite improving its return on equity, and a 31 per cent gain in its shares in the past year, Hitachi trades at just 11 times forward earnings, a 40 per cent discount to peers such as Sharp and Fujitsu....
...(Dai-Ichi Kangyo Bank), IBM (Fuji Bank) and Hitachi (Industrial Bank of Japan)....
...After several years of aggressive stake sales, Hitachi is close to becoming the first of Japan’s big conglomerates — a group that includes Mitsubishi, Toshiba, Panasonic and Fujitsu — to have sold all of...
...A broader shift in Japan has been marked by large conglomerates such as Toshiba, Panasonic, Hitachi and Fujitsu coming under pressure to buy in or sell off their listed subsidiaries....
...With $2bn of backing from state-backed INCJ, Japan Display was created seven years ago by merging the display units of Sony, Toshiba and Hitachi....
...According to the latest findings released on Friday, the subsidiary of industrial conglomerate Hitachi said the affected products included car batteries and materials used in chips, displays and lithium...
...Japan Display, which was formed through the 2011 merger of the OLED operations of Sony, Toshiba and Hitachi, has been working toward delivering a turnround plan by the end of its financial year in March...
...Campaigns undertaken during the period studied by JPMorgan have targeted titans of Japanese industry including Nintendo, Toshiba, Fujitsu, Hitachi and Sony....
...times, unsuccessfully, by companies including Intel, Gillette, AMD and Fujitsu....
...JD was established via a merger of the LCD businesses of Sony, Toshiba and Hitachi in 2012, before being floated on the Tokyo Stock Exchange two years later....
...Hitachi, Toshiba and Sony combined their display units in 2012, with Sharp now looking increasingly likely to take part in the merged entity called Japan Display....
...As part of the fix, Toshiba is discussing the merger of its laptop business with Fujitsu, which could eventually be integrated with Sony’s spun-off PC division....
...Hitachi’s unveiling last summer of its latest advances in AI sparked a quick response from Japanese rivals NEC and Fujitsu....
...Among Japanese consumer electronics companies, it was early to jettison its fading consumer PC and capital-intensive display divisions....
...To them, recent talks to merge the PC units of Fujitsu and Toshiba, and Osaka Steel’s takeover of rival Tokyo Kohtetsu, show the ministry is running Japan Inc once again....
...Cainz Home, one of the country’s biggest DIY chains, brands its display of safes by asking shoppers whether they “have a negative rates strategy in place”....
...Its biggest deal so far has been a Y200bn investment in Japan Display when it was formed by combining the display businesses of Hitachi, Toshiba and Sony in 2012....
...It remains an investor in Japan Display, which was created by combining the liquid crystal display units of Hitachi, Toshiba and Sony and makes smartphone displays for Apple....
...To stay competitive, these products need investment: Japan Display (created from LCD units discarded by Hitachi, Toshiba and Sony) is to spend $1.4bn to build a new factory....
...Last week was the turn of Newton Aycliffe in Sunderland, where both were on hand to welcome an £82m investment by Hitachi of Japan in a train factory....
...Blue-chips including Toyota, Panasonic and Hitachi saw their 2014-15 profits rise on the back of a weaker yen, which made Japanese products more competitive overseas....
...An internet company does not display your product, it can’t upsell. But we do a better job than any of the opposition.” “Gerry is a fierce competitor,” says a former rival....
...At the bottom of the pile languishes Sharp, which cannot make money in the capital intensive and competitive display market....
...Currently, Japanese electronics makers such as Hitachi, Panasonic and Fujitsu generate from 7 to 16 per cent of their sales from automotive-related products, according to Morgan Stanley MUFG Securities....
...In July this year the company said it would close its plasma display division as the battle is lost to liquid crystal display TVs....
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