Acquiring Technology, Markets and Locations Through M&A, Joint Ventures and Strategic Alliances
First written in FY2016. 42 of 53 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-10-15.
31 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As a result of the transaction, our ownership interest in Hitachi Construction Machinery decreased from 25.4% to 18.4%, and Hitachi Construction Machinery ceased to be our equity-method affiliate.」
The sale of the Company's interest in Hitachi Construction Machinery eliminated not only the parent-subsidiary relationship but also the equity-method relationship, advancing the disposal of non-core portfolio assets. - FY2026AdvancedAnnual report
「The acquisition consideration is expected to be approximately US$360 million (approximately ¥57.5 billion) and will be determined after separate adjustments.」
Hitachi Rail signed an agreement to acquire Clever Devices, an ITS company serving public transportation, on 31 March 2026, with completion expected during 2026. - FY2026-H1AdvancedAnnual report
「On 3 November 2025, under the agreement, Bonus acquired 100% of the issued shares of synvert, and synvert became a wholly owned subsidiary of the Company.」
The acquisition of synvert, a data and AI consulting firm acquired through GlobalLogic, was completed on 3 November 2025, making synvert a wholly owned subsidiary. The acquisition consideration was €306 million (¥53,304 million), and the acquisition was aimed at strengthening the deployment of HMAX. - FY2025AdvancedAnnual report
「In May 2024, the Company acquired Thales' rail signalling business, strengthening its business portfolio and global footprint in transportation solutions.」
The acquisition of Thales' rail signalling business was completed, strengthening the rail systems business portfolio and global footprint. - FY2025-H1AdvancedAnnual report
「Revenue increased 33% year on year to ¥1,785.7 billion, due to foreign exchange effects, steady conversion of Hitachi Energy's order backlog into revenue, and the acquisition of Thales' rail signalling business in the Rail Systems business, among other factors.」
Following the acquisition of Thales' rail signalling business, revenue in Green Energy & Mobility increased 33% year on year to ¥1,785.7 billion. - FY2024AchievedAnnual report
「Under the agreement, the Company acquired a 100% interest in CENTELEC UK LIMITED, which was carved out from Thales, and completed the acquisition on 31 May 2024. As a result, CENTELEC became a subsidiary of the Company.」
For the acquisition of Thales' rail signalling business, the acquisition of a 100% interest in CENTELEC and completion on 31 May 2024 were disclosed. The acquisition consideration was €2,009 million (¥304,990 million). - FY2024-Q3Enterprise value of Thales' rail signalling business updatedAnnual report
「Subject to obtaining the clearances, permits and other approvals required under competition laws and other applicable laws and regulations, Hitachi Rail Ltd. plans to complete the acquisition of the rail signalling business to be carved out from Thales in the first half of 2024. The enterprise value of the business has been agreed at €1.66 billion (approximately ¥260.8 billion), and the final acquisition consideration will be determined after separate adjustments.」
For the acquisition of Thales' rail signalling business, the expected completion date in the first half of 2024 was maintained, and the yen equivalent of the enterprise value was updated to approximately ¥260.8 billion. The transaction remains subject to obtaining the necessary approvals and adjustment of the final consideration. - FY2024-Q2SoftenedAnnual report
「Subject to obtaining the clearances, permits and other approvals required under competition laws and other applicable laws and regulations, Hitachi Rail Ltd. plans to complete the acquisition of the rail signalling business to be carved out from Thales in the first half of 2024. The enterprise value of the business has been agreed at €1.66 billion (approximately ¥262.2 billion), and the final acquisition consideration will be determined after separate adjustments.」
For the acquisition of Thales' rail signalling business, the expected completion date changed from the second half of 2023 to the first half of 2024. The yen equivalent of the enterprise value was also updated to approximately ¥262.2 billion. - FY2024-Q1Enterprise value of Thales' rail signalling business updatedAnnual report
「Subject to obtaining the clearances, permits and other approvals required under competition laws and other applicable laws and regulations, Hitachi Rail Ltd. plans to complete the acquisition of the rail signalling business to be carved out from Thales in the second half of fiscal 2023. The enterprise value of the business has been agreed at €1.66 billion (approximately ¥261.6 billion), and the final acquisition consideration will be determined after separate adjustments.」
For the acquisition of Thales' rail signalling business, the expected completion date in the second half of fiscal 2023 was maintained, while the yen equivalent of the enterprise value was updated to approximately ¥261.6 billion. The transaction remains subject to obtaining the necessary approvals and adjustment of the final consideration. - FY2023AdvancedAnnual report
「In addition, to support global growth, particularly in North America, a key focus region, the Company acquired Flexware Innovation, Inc., which has strengths in the OT field, including MES and SCADA, and Telesis Technologies Inc., which operates in the product-marking systems field, in 2022.」
The acquisitions of Flexware Innovation and Telesis Technologies in North America expanded the business platform combining OT, marking systems and digital technologies. The acquisition of Thales' rail signalling business remains scheduled for completion in the second half of 2023. - FY2023-Q3SoftenedAnnual report
「Subject to obtaining the clearances, permits and other approvals required under competition laws and other applicable laws and regulations, Hitachi Rail Ltd. plans to complete the acquisition of the rail signalling business to be carved out from Thales in the second half of 2023. The enterprise value of the business has been agreed at €1.66 billion (approximately ¥234.8 billion), and the final acquisition consideration will be determined after separate adjustments.」
For the acquisition of Thales' rail signalling business, the expected completion date changed from fiscal 2022 to the second half of 2023, and the yen equivalent of the enterprise value was updated to approximately ¥234.8 billion. The requirement to obtain the necessary approvals and the scope for adjustment of the final consideration remain unchanged. - FY2023-Q3AdvancedAnnual report
「On 28 December 2022, following the acquisition of the shares under the agreement, the Company's ownership interest in Hitachi Energy changed from 80.1% to 100%, and Hitachi Energy became a wholly owned subsidiary of the Company. The acquisition consideration was US$1,679 million (¥243,200 million).」
The additional acquisition of the 19.9% interest in Hitachi Energy held by ABB was completed on 28 December 2022, increasing the Company's ownership interest from 80.1% to 100%. - FY2023-Q2AdvancedAnnual report
「On 30 September 2022, the Company entered into a share transfer agreement with ABB Ltd. for the acquisition, through the exercise of the Company's call option, of 19.9% of the issued shares of Hitachi Energy held by ABB. Hitachi Energy is a subsidiary of the Company in the Green Energy & Mobility segment. Following the acquisition under the agreement, the Company's ownership interest in Hitachi Energy will change from 80.1% to 100%, and Hitachi Energy is expected to become a wholly owned subsidiary of the Company. The acquisition consideration is US$1,679 million (approximately ¥243.2 billion), and completion is expected during the current consolidated fiscal year.」
An agreement was signed to acquire an additional 19.9% interest in Hitachi Energy held by ABB, increasing the Company's ownership interest from 80.1% to 100%. The acquisition consideration is US$1,679 million, with completion expected during the current consolidated fiscal year. The yen equivalent of the enterprise value for the acquisition of Thales' rail signalling business was also updated to approximately ¥236.2 billion. - FY2022-Q2Acquisition terms updatedAnnual report
「Subject to obtaining the clearances, permits and other approvals required under competition laws and other applicable laws and regulations, Hitachi Rail Ltd. plans to complete the acquisition of the rail signalling business to be carved out from Thales during fiscal 2022. The enterprise value of the business has been agreed at €1.66 billion (approximately ¥215.0 billion), and the final acquisition consideration will be determined after separate adjustments.」
The terms of the acquisition of Thales' rail signalling business were specified, including completion during fiscal 2022, an enterprise value of €1.66 billion (approximately ¥215.0 billion), and the condition that the required approvals be obtained. - FY2022-Q1AdvancedAnnual report
「Hitachi Rail Ltd., a subsidiary of the Company in the Mobility segment, entered into an agreement with France's Thales S.A. on 3 August 2021 for the acquisition of Thales' rail signalling business, with the aim of expanding its rail signalling systems business globally.」
An agreement was signed to acquire Thales' rail signalling business to expand the rail signalling systems business globally. Completion of the acquisition is expected during fiscal 2022. - FY2022-Q1AdvancedAnnual report
「Under the agreement, Hitachi GLS established a new company, transferred the overseas white goods business to it, and transferred 60% of the shares in the new company to Arçelik on 1 July 2021. The sale consideration was US$343 million (¥38,000 million).」
The transfer of the overseas white goods business to the joint venture with Arçelik and the transfer of 60% of the shares were completed. - FY2022-Q1AdvancedAnnual report
「On 13 July 2021, as a result of a series of procedures, including an absorption-type merger of an SPC with GlobalLogic Worldwide Holdings as the surviving company, HGDH acquired 100% of the issued shares of GlobalLogic Worldwide Holdings, and GlobalLogic Worldwide Holdings and GlobalLogic became wholly owned subsidiaries of the Company.」
The acquisition of GlobalLogic Inc., aimed at strengthening Lumada's digital portfolio, was completed and GlobalLogic became a wholly owned subsidiary. - FY2021AdvancedAnnual report
「The total acquisition price, including the repayment of GlobalLogic's interest-bearing debt, is expected to be US$9.6 billion (approximately ¥1,047.0 billion). Following a series of procedures, including the absorption-type merger of an SPC with GlobalLogic Worldwide Holdings Inc. as the surviving company, GlobalLogic Worldwide Holdings Inc. and GlobalLogic Inc. are expected to become wholly owned subsidiaries of the Company.」
An acquisition agreement for GlobalLogic Inc. was signed to strengthen Lumada's digital portfolio. The total acquisition price is US$9.6 billion, completion is expected by the end of July 2021, and GlobalLogic is expected to become a wholly owned subsidiary. - FY2021-Q3AdvancedAnnual report
「日立GLS plans to establish a new company, transfer its white goods business outside Japan to that company with a target of spring 2021, and transfer 60% of the new company's shares to Arçelik. The sale consideration is expected to be approximately US$300 million (approximately ¥31.5 billion). After the transfer of shares, 日立GLS's ownership interest in the new company is expected to decrease from 100% to 40%, and the new company is expected to become an equity-method affiliate of the Company.」
The transfer of the overseas white goods business and the partnership with an external partner were put into concrete form through the establishment of a joint venture with Arçelik. - FY2021-Q3AdvancedAnnual report
「The operating results of Hitachi ABB Power Grids Ltd. included in the condensed quarterly consolidated income statement for the period from the acquisition date through 31 December 2020, before elimination of internal transactions, were revenue of ¥507,047 million, EBIT of negative ¥8,431 million and quarterly profit of negative ¥8,739 million.」
Actual revenue, EBIT and quarterly profit from the acquisition of Hitachi ABB Power Grids Ltd. on 1 July 2020 through 31 December were disclosed. - FY2021-Q3AdvancedAnnual report
「Under the agreement, on 1 January 2021, 日立AMS and Honda-related companies carried out an absorption-type merger in which 日立AMS was the surviving company and each Honda-related company was an absorbed company, establishing 日立Astemo㈱ (日立Astemo). After the merger, the Company's ownership interest in 日立Astemo was 66.6%, and 日立Astemo became a consolidated subsidiary of the Company.」
The integration of Hitachi AMS and a Honda-affiliated company, aimed at strengthening the development and provision of global solutions in the CASE field, was completed, and Hitachi Astemo was established. - FY2021-Q2AdvancedAnnual report
「The operating results of Hitachi ABB Power Grids Ltd. included in the condensed quarterly consolidated income statement for the period from the acquisition date through 30 September 2020, before elimination of internal transactions, were revenue of ¥233,626 million, EBIT of negative ¥12,615 million and quarterly profit of negative ¥9,665 million.」
For the first time, the actual contribution of ABB's Power Grids business to consolidated results for the period from 1 July to 30 September 2020 was disclosed following the acquisition. - FY2021-Q1AdvancedAnnual report
「Under the agreement, the company acquired an 80.1% interest in Hitachi ABB Power Grids Ltd., which was spun off from ABB, and completed the acquisition on 1 July 2020. As a result, Hitachi ABB Power Grids Ltd. became a subsidiary of the company.」
The acquisition of ABB's Power Grids business was completed on 1 July 2020, making it a consolidated subsidiary with an 80.1% equity interest. The acquisition consideration was US$6,850 million. - FY2021-Q1AdvancedAnnual report
「Following a series of procedures to make Hitachi High-Tech a wholly owned subsidiary, the company's ownership interest in Hitachi High-Tech reached 100% on 20 May 2020. The total purchase price was ¥531,084 million, and during the cumulative first quarter of the current fiscal year, capital surplus and non-controlling interests decreased by ¥321,627 million and ¥209,457 million, respectively.」
The conversion of Hitachi High-Tech into a wholly owned subsidiary was completed, and the purchase price of ¥531,084 million was disclosed. - FY2020AdvancedAnnual report
「In the Energy sector, the company acquired the Power Grids business of Switzerland's ABB, Ltd. to expand and strengthen its energy solutions business globally, and began operations as Hitachi ABB Power Grids Ltd. In the Industry sector, the company acquired US-based JR Technology Group, LLC, which builds production lines and logistics systems using industrial robots.」
The acquisitions of ABB's Power Grids business and JR Technology Group were completed, expanding the group's global platform for energy and robot systems. The ABB acquisition was described as a transaction completed on 1 July 2020, after the filing date. - FY2020-Q3AdvancedAnnual report
「If the tender offer was successful, the Company would carry out the series of procedures for making 日立ハイテク a wholly owned subsidiary. As a result, the Company's ownership interest in 日立ハイテク was expected to increase from 51.7% to 100%.」
The company planned to make Hitachi High-Tech a wholly owned subsidiary to establish a measurement and analysis platform and strengthen Lumada. The purchase price was expected to be approximately ¥531.1 billion. - FY2020-Q3AdvancedAnnual report
「Hitachi America, Ltd., a subsidiary of the company, completed the acquisition on 27 December 2019 pursuant to the transfer agreement. As a result, the company's ownership interest in JR Technology reached 100%, and JR Technology became a subsidiary of the company.」
The acquisition of JR Technology Group for the global expansion of the robot systems integration business was completed on 27 December 2019, making it a wholly owned subsidiary. - FY2020-Q2AdvancedAnnual report
「The company and its subsidiary Hitachi Automotive Systems, Ltd. (Hitachi AMS), which belonged to the Life segment, entered into an agreement on 30 October 2019 with HONDA MOTOR CO.,LTD. (Honda), and Honda affiliates Keihin Corporation, Showa Corporation and Nissin Kogyo Co., Ltd. (collectively, the Honda affiliates), concerning the integration of the management of Hitachi AMS and the Honda affiliates, with the aim of strengthening the development and provision of globally competitive solutions in the CASE field.」
The company entered into an agreement to integrate the management of Hitachi AMS and the Honda affiliates to strengthen the global development and provision of solutions in the CASE field. The company's ownership interest in the integrated company was expected to be 66.6%. - FY2020-Q2AdvancedAnnual report
「Hitachi AMS completed the acquisition on 11 October 2019 pursuant to the transfer agreement. The purchase price was €506 million (¥60,078 million). In addition to the acquisition, Hitachi International (Holland) B.V., a subsidiary of the company, repaid €194 million (¥23,066 million) of borrowings of Chassis Brakes International.」
Hitachi Automotive Systems completed its acquisition of all shares of Chassis Brakes International on 11 October 2019. The purchase price was €506 million, and it also repaid €194 million of the acquired company's borrowings. - FY2020-Q1AdvancedAnnual report
「The company and its subsidiary Hitachi Automotive Systems, Ltd. (Hitachi AMS), which belonged to the Life segment, entered into a share transfer agreement on 24 July 2019 with Caliper Acquisition International S.à r.l. (Caliper), a special-purpose entity of US-based KPS Capital Partners, under which Hitachi AMS would acquire all shares of Chassis Brakes International held by Caliper. Hitachi AMS planned to complete the acquisition during 2019 pursuant to the agreement. The purchase price was expected to be €510 million (¥62,433 million).」
Hitachi Automotive Systems entered into an agreement to acquire all shares of Chassis Brakes International, with completion planned during 2019 and a purchase price of €510 million. - FY2020-Q1AdvancedAnnual report
「For the global expansion of its robot systems integration business, the company entered into a share transfer agreement on 23 April 2019 with JR Intermediate Holdings, LLC (JR Intermediate) to acquire from JR Intermediate's subsidiary the robot systems integration business centered on US-based JR Automation Technologies, LLC. The company planned to complete the acquisition during 2019. The purchase price was expected to be US$1,425 million (¥153,601 million).」
For the global expansion of its robot systems integration business, the company entered into an agreement to acquire the JR Automation business, with completion planned during 2019 and a purchase price of US$1,425 million. - FY2019AdvancedAnnual report
「As a result of HRII's continued acquisition of all remaining shares of STS, the company's ownership interest in STS reached 100% on 30 January 2019. The total purchase price was €1,250 million (¥159,031 million), and during the fiscal year, the combined total of capital surplus and non-controlling interests decreased by the same amount.」
The acquisition of additional shares in Ansaldo STS was completed, bringing the ownership interest to 100%. The plan to acquire an 80.1% interest in ABB's Power Grids business by the first half of 2020 also remained in place. - FY2019-Q3AdvancedAnnual report
「To expand and strengthen its Energy Solutions business globally, the Company decided on 17 December 2018 to acquire ABB Ltd’s power grids business and entered into an acquisition agreement with ABB Ltd. The Company plans to make an 80.1% investment in the power grids business company to be spun off from ABB Ltd by the first half of 2020, making it a consolidated subsidiary. The consideration for the acquisition is expected to be US$6.4 billion (approximately ¥710.4 billion).」
The company entered into an agreement to acquire ABB's Power Grids business, with plans to acquire an 80.1% interest, make it a consolidated subsidiary in the first half of 2020, and pay a purchase price of US$6.4 billion. - FY2019-Q3AdvancedAnnual report
「The transaction was completed on 2 November 2018 pursuant to the transfer agreement. As a result of HRII's continued acquisition of STS shares, its ownership interest in STS was 92.5% as of 31 December 2018. The total purchase price was €1,060 million (¥135,335 million), and during the cumulative third quarter of the current fiscal year, the combined total of capital surplus and non-controlling interests decreased by the same amount. HRII continued acquiring all remaining shares of STS after 1 January 2019, bringing its ownership interest in STS to 100% on 30 January 2019.」
The acquisition of an additional 31.8% interest in Ansaldo STS was completed on 2 November 2018, raising the ownership interest to 92.5% as of 31 December 2018. The ownership interest subsequently reached 100% on 30 January 2019. - FY2019-Q2AdvancedAnnual report
「The company decided to launch a tender offer for all issued shares of Yungtay Engineering, a Taiwanese elevator company, to expand its product lineup and strengthen cost competitiveness in China and Asia, thereby increasing new installations, and to improve profitability by expanding its maintenance base. On 26 October 2018, the company submitted to Yungtay Engineering a legally binding proposal expressing its intention to launch the tender offer.」
The company proposed a tender offer for all shares of Taiwan's Yungtay Engineering to strengthen its product lineup, cost competitiveness and maintenance business. In addition, it completed the acquisition of an additional 31.8% interest in STS on 2 November 2018, raising its ownership interest from 50.8% to 82.6%. - FY2018-Q3Updated provisional purchase price in acquisition accountingAnnual report
「During the cumulative third quarter of the current fiscal year, the provisional purchase price was updated because the fair value measurement at the acquisition date of some acquired assets and assumed liabilities had been completed.」
For the acquisition of Bradken, the provisional purchase price at the acquisition date was updated following partial completion of the fair value measurement of acquired assets and assumed liabilities. - FY2018-Q1AdvancedAnnual report
「The cash purchase price for the Sullair business was US$836 million (¥92,833 million). In addition to this acquisition, Hitachi America, Ltd. repaid US$517 million (¥57,502 million) of borrowings included in the Sullair business.」
The acquisition of the Sullair business was completed, and the purchase price of US$836 million and repayment of US$517 million in borrowings included in the acquired business were disclosed. - FY2017AdvancedAnnual report
「As the ownership percentage of Bradken's total shareholder voting rights exceeded 50% as of 20 March 2017, Bradken became a consolidated subsidiary of Hitachi Construction Machinery on that date, which was the acquisition date.」
The acquisition of Bradken was completed and progressed to its conversion into a consolidated subsidiary. In addition, by the filing date, agreements had been signed for the acquisition of the Sullair business and the sale and reorganization of Hitachi Kokusai Electric. - FY2017-Q3Updated tender offer termsAnnual report
「Hitachi Construction Machinery Co.,Ltd. (Hitachi Construction Machinery), a subsidiary of the company belonging to the Construction Machinery segment, entered into an agreement on 3 October 2016 with Bradken Limited (Bradken), which operates a casting and cast-products manufacturing, sales and services business, concerning a tender offer by Hitachi Construction Machinery for all issued common shares of Bradken, with the aim of strengthening and complementing its parts and services business in the mining industry. The tender offer period was from 1 November 2016 to 24 February 2017, and the purchase price was expected to be A$689 million (¥58,124 million). If the tender offer was completed successfully, Bradken was expected to become a consolidated subsidiary of Hitachi Construction Machinery.」
The period of the tender offer for Bradken was updated to run through 24 February 2017, and the purchase price was updated to ¥58,124 million. The acquisition had not yet been completed. - FY2017-Q2AdvancedAnnual report
「Hitachi Construction Machinery Co.,Ltd. (Hitachi Construction Machinery), a subsidiary of the company belonging to the Construction Machinery segment, entered into an agreement on 3 October 2016 with Bradken Limited (Bradken), which operates a casting and cast-products manufacturing, sales and services business, concerning a tender offer by Hitachi Construction Machinery for all issued common shares of Bradken, with the aim of strengthening and complementing its parts and services business in the mining industry. The tender offer period was scheduled to run from 1 November 2016 to 10 February 2017, and the purchase price was expected to be A$689 million (¥53,080 million).」
Hitachi Construction Machinery entered into an agreement for a tender offer for all shares of Bradken. The planned purchase price was A$689 million, and the tender offer period was from 1 November 2016 to 10 February 2017. - FY2016First statedAnnual report
「In each business area, the group relies to a certain extent on acquisitions of other companies, business joint ventures and strategic alliances with external partners to design and develop important new technologies and products, strengthen market competitiveness by expanding business scale, and acquire operating bases and sales channels for entering new regions.」
The company has acquired Pentaho, acquired the railway business from Finmeccanica, and formed an air-conditioning joint venture with Johnson Controls, among other transactions.