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Home > IR Library > Business and Management Initiatives > High Functional Materials & Components

Statements made on this website may contain forward-looking information which reflect the management's views at the time the information was made with respect to future events and financial performance. Such forward-looking information involves assumptions of future events as well as risks and uncertainties that could significantly affect expected results. These risks and uncertainties are discussed in the Company's SEC filings, including but not limited to, certain sections of the Company's annual report on Form 20-F. A summary of the specific risks and uncertainties relevant to the Company's business is set forth on the Company's Cautionary Statement.

Hitachi Cable Ltd.

  • 1. Hitachi Cable, Ltd. transferred its optical fiber cable and optical hardware and equipment business in Japan to Advanced Cable Systems Corporation, a joint venture with Corning Cable Systems LLC (April 2006).
  • 3. Hitachi Cable, Ltd. and Sumitomo Electric Industries, Ltd. made transfer and consolidation their businesses for sale of high high-voltage power cables to domestic power companies to their joint venture J-Power Systems Corp. (October 2004)

Hitachi Chemical Co. Ltd.

  • 1. Hitachi Chemical Co., Ltd. and Dainippon Ink and Chemicals Incorporated integrated unsaturated polyester resin business and established joint venture company, DH Material Co., Ltd. (April 2005).
  • 2. Hitachi Chemical Co., Ltd. transferred its thermoplastic molding material business to UMG ABS, Ltd. (April 2005).
  • 3. Hitachi Chemical Co., Ltd. transferred all the shares of Neuron Corporation, wholly-owned by Hitachi Chemical and engaged in magnetic card readers, to Towa Meccs Corporation. (November 2004).

Hitachi Metals Ltd.

  • 4. Hitachi Metals, Ltd. merged its magnet business into Sumitomo Special Metals Co., Ltd. Sumitomo Special Metals became a consolidated subsidiary of Hitachi Metals and renamed NEOMAX Co., Ltd.(April 2004)
  • 5. Hitachi Metals, Ltd. purchased Honeywell International Inc.'s Amorphous Metals Business Division (August 2003).

Other

  • 1. Hitachi's subsidiary Chuo Shoji, Ltd. sold shares of SLIONTEC Corporation. (December 2003).

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