Hitachi Construction Machinery Co., Ltd. (日立建機株式会社) is a Japanese construction equipment company which is into the manufacturing, sales and service of construction machinery, transportation machinery, and other machines and devices.[2] As of August 2022, Hitachi, from which the company was spun off in 1970, owns 25.4% of the total shares.[3] In April 2027, the company plans to change its corporate name and brand to "LANDCROS".[4]
History
Hitachi Construction Machinery Co., Ltd. was formally established on 1 October 1970 through the merger of Hitachi Construction Machinery Manufacturing Co., Ltd. and the (former) Hitachi Construction Machinery Co., Ltd., with an initial capital of ¥3.8 billion.[5]
The origins of the company, however, trace back to earlier construction machinery activities within the Hitachi Group. In December 1955, Hitachi Construction Machinery Service Co., Ltd. was established as a subsidiary of Hitachi, Ltd. In April 1965, this company was incorporated together with the construction machinery sales divisions of Hitachi, Ltd., resulting in the formation of the first Hitachi Construction Machinery Co., Ltd.