Hitachi Announces Position and Policy on Decreasing the Investment Unit
Tokyo, May 14, 2015 --- Hitachi, Ltd. (TSE:6501) today announced its position and policy on decreasing investment unit on the stock exchanges in Japan as follows.
Hitachi recognizes that decreasing the investment unit is one of the important means of promoting the participation of wide variety of investors in the stock market and therefore creating the stable and vibrant stock market.
Hitachi does not currently intend to lower the investment unit since Hitachi judges that its stock has high liquidity and is held by a wide range of investors. Hitachi will continue to carefully consider actions related to decreasing the investment unit from the perspectives of the liquidity of Hitachi shares, shareholder composition, and associated costs and benefits, etc.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society’s challenges with our talented team and proven experience in global markets. The company’s consolidated revenues for fiscal 2014 (ended March 31, 2015) totaled 9,761 billion yen ($81.3 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes power & infrastructure systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.