Hitachi Tool Engineering, Company Profile - Aug 20, 2011 by WrightReports

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									Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Hitachi Tool Engineering, Ltd.
                                                                                        440 Wheelers Farms Road
                                                                                        Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Japanese Yen

                                 Wright Quality Rating:DAB0                                 Key Data

   Hitachi Tool Engineering, Ltd. is a Japan-based company mainly engaged in the            Ticker:
   manufacture and sale of machinery tools, machinery edged tools, and all sorts of         5963
   machinery components, which are made of special steel and cemented carbides. The
   Company's main products include carbide end mills, drills, reamers, cutters, inserts,    2011 Sales:
   carbide tool materials, turning and milling inserts, indexable tools, non-step borers,
                                                                                            16,140,000,000
   modular mills, and related products. As of March 31, 2010, the Company had two
   marketing subsidiaries, Hitachi Tool Engineering Europe GmbH. and Hitachi Tool
   Engineering (Shanghai), Ltd.                                                             Major Industry:
                                                                                            Machinery & Equipment
                          Stock Chart                                 Officers
                                                                      President
                                                                Hirokazu Tanaka (Rep)       Sub Industry:
                                                                                            Machine Tools

                                                                                            Country:
                                                                                            Japan

                                                                                            Currency:
                                                                                            Japanese Yen

                                                                                            Fiscal Year Ends:
                                                                                            March

                                                                                            Employees
                                                                                            737

                                                                                            Exchanges:
                                                                                            OSA TYO
              Stock Price (8/12/2011): 856.00
                 Recent stock performance                                                   Share Type:
                     1 Week       3.1%
                                                                                            Common
                     4 Weeks     -4.9%
                     13 Weeks     4.6%
                     52 Weeks    -6.8%
								
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