Hitachi Construction Machinery

HCM – Hitachi Partial Stake Sale to Itochu

Event-Driven
285 Views, 13 Jan 2022 17:54
Mio has highlighted this Insight as a Top Pick
EXECUTIVE SUMMARY
  • NHK reports that Hitachi will be selling roughly half of its 51% stake in HCM to Itochu and Japan Industrial Partners. 
  • HCM has outperformed Komatsu over the last year and it is possible that some investors were expecting a buyout. 
  • If so, and if there is a negative reaction to this news we would be looking to buy.
detail (3-minute read)
WHAT’S TRENDING
logo
Logo
Top 5%
Mio Kato
Japan/Asia Long-Short
LightStream Research
JapanEquity Bottom-UpEquity Capital Markets

Over 15 years analysing Japanese and Asian stocks from a long/short perspective I focus on cyclically driven sectors su... 

x