News story

TCM adds to Hitachi sales revenue

Thursday, 6 October 2005 ( #229 ) - TOKYO, Japan
Hitachi Construction Machinery Co (HCM)'s consolidated subsidiary TCM Corp will contribute to half the forecasted JPY120 billion (USD1.06 billion) increase in sales revenue for fiscal 2005-06.

According to the Japanese financially daily, Nihon Keizai Shimbun, sales for HCM are forecasted at JPY570 billion (USD5.01 billion).

The group's pre-tax profit increased 20 per cent to JPY40 billion (USD351 million) for the financial year ending March 2005, due to strong demand from overseas mining companies. Hitachi had earlier expected the group's pretax profit to increase 8 per cent to JPY36.3 billion (USD319 million).

Forkliftaction.com News reported that TCM's financial results would be part of HCM's consolidated results, as of the final quarter of fiscal 2005-06, ending March 2006.
(Forkliftaction.com News #209).

HCM became the largest single shareholder of TCM in July 2003 when it acquired a 30 per cent stake in the company. By April 1, 2005, the shareholding had reached 46 per cent.
Machinery-onQ Listings
Combilift C3000
  • CombiliftC3000
  • 2012 | Used - Sale
  • Australia
  • AUD 31,000
Toyota 02-5FG15
  • Toyota02-5FG15
  • 1991 | Used - Sale
  • Japan
Combilift C5000XL
  • CombiliftC5000XL
  • 2009 | Used - Sale
  • Australia
  • AUD 41,000
Toyota 7FBMF25
  • Toyota7FBMF25
  • 2010 | Used - Sale
  • United Kingdom
Combilift C8000
  • CombiliftC8000
  • 2007 | Used - Sale
  • United States
Combilift C2500
  • CombiliftC2500
  • 2010 | Used - Sale
  • Australia
  • AUD 41,800
Doosan GC25P5
  • DoosanGC25P5
  • 2008 | Used - Sale
  • United States
  • USD 8,500
Atlet UMS160DTFVRE675
  • AtletUMS160DTFVRE675
  • 2012 | Used - Sale
  • United Kingdom
Jungheinrich ETVQ20
  • JungheinrichETVQ20
  • 2008 | Used - Sale
  • United Kingdom
Pettibone 204SUPER20
  • Pettibone204SUPER20
  • 2015 | Used - Sale & Hire
  • United States