Hitachi, Ltd. announced that it will give up most of the shares of "Hitachi Transport System," which holds nearly 40%, while reorganizing the group centered on IT and digital.
We will continue to collaborate in the digital field.
According to the announcement, Hitachi will temporarily release all of the shares of the group company "Hitachi Transport System," which holds 39%, in response to the repurchase of its own shares by this company.
Although it will be excluded from the group companies, "Hitachi Transport System" has strengths in the outsourced business of corporate logistics, so it plans to acquire 10% of the shares again and aim for cooperation in fields such as digitalization.
On the other hand, for Hitachi Transport System, the US investment fund "KKR" plans to carry out a takeover bid for TOB = shares, and if it is approved, it is expected to become a major shareholder.
Hitachi is reorganizing the group centered on the IT and digital fields, and the sale of Hitachi Transport System seems to be part of this, and President Keiji Kojima said at a press conference on the announcement of financial results on the 29th, "From a digital perspective. , I would like to continue to build a proper cooperative relationship with Hitachi Transport System and help our customers. "