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Hitachi Construction Machinery AI simulator
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Hub AI
Hitachi Construction Machinery AI simulator
(@Hitachi Construction Machinery_simulator)
Hitachi Construction Machinery
Hitachi Construction Machinery Co., Ltd. (日立建機株式会社) is a Japanese construction equipment company which is into the manufacturing, sales and service of construction machinery, transportation machinery, and other machines and devices. As of August 2022, Hitachi, from which the company was spun off in 1970, owns 25.4% of the total shares.
Hitachi Construction Machinery Co., Ltd. was formally established on 1 October 1970 through the merger of Hitachi Construction Machinery Manufacturing Co., Ltd. and the (former) Hitachi Construction Machinery Co., Ltd., with an initial capital of ¥3.8 billion.
The origins of the company, however, trace back to earlier construction machinery activities within the Hitachi Group. In December 1955, Hitachi Construction Machinery Service Co., Ltd. was established as a subsidiary of Hitachi, Ltd. In April 1965, this company was incorporated together with the construction machinery sales divisions of Hitachi, Ltd., resulting in the formation of the first Hitachi Construction Machinery Co., Ltd.
In November 1969, Hitachi, Ltd.’s construction machinery manufacturing division was spun off and reorganized as Hitachi Construction Machinery Manufacturing Co., Ltd., with production facilities in Adachi and Tsuchiura. These restructuring steps culminated in the October 1970 merger that created the present company.
In October 1973, the company merged with Sagami Kogyo Co., Ltd. (established on 30 January 1951), resulting in a change to the par value of shares and an increase in capital to ¥3.85 billion.
Beginning in the 1970s, the company expanded internationally. In 1972, Hitachi Construction Machinery (Europe) N.V. was established in the Netherlands. Subsequent decades saw the creation of operations and subsidiaries in Singapore (1984), the United States (1988, through Deere-Hitachi Construction Machinery Corp.), Indonesia (1991), China (1995), and Canada (1998).
The company was listed on the Second Section of the Tokyo Stock Exchange in December 1981 and moved to the First Section in September 1989. It was also listed on the First Section of the Osaka Securities Exchange in January 1990.
During the 2000s and 2010s, Hitachi Construction Machinery strengthened its global position through strategic joint ventures, acquisitions, and internal restructuring. In 2002, Sumitomo Heavy Industries Construction Cranes Co., Ltd. was established as a joint venture. In 2010, the company acquired management rights in Tata Hitachi Construction Machinery Co., Pvt., Ltd. in India.
Hitachi Construction Machinery
Hitachi Construction Machinery Co., Ltd. (日立建機株式会社) is a Japanese construction equipment company which is into the manufacturing, sales and service of construction machinery, transportation machinery, and other machines and devices. As of August 2022, Hitachi, from which the company was spun off in 1970, owns 25.4% of the total shares.
Hitachi Construction Machinery Co., Ltd. was formally established on 1 October 1970 through the merger of Hitachi Construction Machinery Manufacturing Co., Ltd. and the (former) Hitachi Construction Machinery Co., Ltd., with an initial capital of ¥3.8 billion.
The origins of the company, however, trace back to earlier construction machinery activities within the Hitachi Group. In December 1955, Hitachi Construction Machinery Service Co., Ltd. was established as a subsidiary of Hitachi, Ltd. In April 1965, this company was incorporated together with the construction machinery sales divisions of Hitachi, Ltd., resulting in the formation of the first Hitachi Construction Machinery Co., Ltd.
In November 1969, Hitachi, Ltd.’s construction machinery manufacturing division was spun off and reorganized as Hitachi Construction Machinery Manufacturing Co., Ltd., with production facilities in Adachi and Tsuchiura. These restructuring steps culminated in the October 1970 merger that created the present company.
In October 1973, the company merged with Sagami Kogyo Co., Ltd. (established on 30 January 1951), resulting in a change to the par value of shares and an increase in capital to ¥3.85 billion.
Beginning in the 1970s, the company expanded internationally. In 1972, Hitachi Construction Machinery (Europe) N.V. was established in the Netherlands. Subsequent decades saw the creation of operations and subsidiaries in Singapore (1984), the United States (1988, through Deere-Hitachi Construction Machinery Corp.), Indonesia (1991), China (1995), and Canada (1998).
The company was listed on the Second Section of the Tokyo Stock Exchange in December 1981 and moved to the First Section in September 1989. It was also listed on the First Section of the Osaka Securities Exchange in January 1990.
During the 2000s and 2010s, Hitachi Construction Machinery strengthened its global position through strategic joint ventures, acquisitions, and internal restructuring. In 2002, Sumitomo Heavy Industries Construction Cranes Co., Ltd. was established as a joint venture. In 2010, the company acquired management rights in Tata Hitachi Construction Machinery Co., Pvt., Ltd. in India.