Company Profile For Hitachi Construction Machinery Co.,Ltd.

Hitachi Construction Machinery Co.,Ltd. (6305.T) (Tokyo Stock Exchange)

sector: Industrials · industry: Construction & Agricultural Machinery ·

As of 27 Nov 2009

1,927JPY

Price Change

-148

Percent Change

-7.13%

Analyst Recommendations

Overview

Hitachi Construction Machinery Co., Ltd. is a Japan-based company that is primarily engaged in the manufacture, sale and rental of construction equipment and industrial vehicles, as well as the provision of after-sales services. Its major products include excavators, wheel loaders, articulated dump trucks, rubber crawler carriers, aerial platforms, cranes and forklifts. The Company has 62 subsidiaries and 20 associated companies.

Quick Financial Synopsis

BRIEF: For the six months ended 30 September 2009, Hitachi Construction Machinery Co., Ltd.'s revenues decreased 40% to Y272.32B. The Company's net loss totaled Y7.30B, vs. a net income of Y22.23B. Revenues reflect lower sales due to unfavorable market environment. Net loss also suffers from higher percentage of cost of sales and SG&A expenses, the presence of Y1.21B equity losses, as well as decreased installment interest income.