Japan's Governance: Hitachi Construction Machinery: Additional Notes and Ownership Factor
144 Views, 20 Jan 2022 12:14
More important than the continuity of the Hitachi brand is how HCM can increase the competitive advantage of its products and how quickly it can respond to changes in market.
Changes in major shareholders and the presence of major shareholders have been shown to have statistically significant correlations in ROA, Tobin's q (and changes in market capitalization).
The existence of the Ownership factor doesn’t necessarily predict the future of HCM, but in construction equipment market with strong competition, having a reliable partner is encouraging in business decisions.