Commenting on the news articles regarding its financial policy, Hitachi Ltd. (HIT) stated that those articles weren't based on its decision or disclosure.
Earlier, there were reports that Hitachi may raise as much as 400 billion yen or $4.5 billion in new stock and convertible bonds.
According to media reports, Tokyo-based Hitachi, which sees a net loss attributable to company of 230 billion yen for the fiscal year ending March 31, 2010, plans to sell about 300 billion yen of stock and 100 billion yen in convertible bonds.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.