HCM was established in 1970, when Hitachi, Ltd. spun off its construction machinery division. When it was still part of Hitachi more than 60 years ago, HCM was involved in the production of Japan's first mechanical excavator.
Currently, the 48 companies that comprise the HCM Group are using IT as a strategic management resource to provide total solutions for customers' needs. In this way, HCM continues to grow as a strong, global, competitive enterprise.
- Capital increased to 4.7 billion yen by issue of shares at market price; listed in the second section of the Tokyo Stock Exchange
Formed business tie-up with Tadano Ltd. in the area of track cranes and crawler cranes
- Capital increased to 5.17 billion yen through gratuitous issue of new shares
- Formed business tie-up with U.S. company Deere & Company for supply of hydraulic excavators
- Released UT series of ultrasonic instruments; entered business areas other than construction machinery
- Established Hitachi Construction Machinery (Singapore) Pte. Ltd.
- Capital increased to 5.687 billion yen through gratuitous issue of new shares
- Capital participation in a construction machinery sales company in France (Fiat-Hitachi Excavators France S.A.) Established Oriental Hitachi Construction Machinery Sdn. Bhd. in Malaysia Established Hitachi Construction Machinery (America) Corp.
- Released four models of the new-generation excavator EX series
- Established joint venture Fiat-Hitachi Excavators S.p.A. in Italy for local production of hydraulic excavators
- Released the EX3500, then the world's largest class of super-size hydraulic excavators
- Released six models in the second "Landy" EX series
- First issue of unsecured convertible debentures
- Capital increased to 6.8509 billion yen through gratuitous issue of new shares
Established joint venture Deere-Hitachi Construction Machinery Corp. in the United States for local production of hydraulic excavators
- Moved into the wheel loader field; released six models in the "Landy" LX series
- Capital increased to 13.41044 billion yen by issue of shares at market price; listed in the second section of the Tokyo Stock Exchange
- Completed Dejima Plant near Tsuchiura Works as base for mass production of Reduction Gear and other products
- Listed in the first section of the Tokyo Stock Exchange
- Second issue of unsecured convertible debentures
- Listed in the first section of the Osaka Securities Exchange Increased capital investment in Toyosha Co., Ltd.
- Entered bulldozer and road construction machinery fields
- Established Siam-Hitachi Construction Machinery Co., Ltd. in Thailand Released four models in the "Super Landy" New EX series