Nikkei: Hitachi seeks alliance with Nissan

News Story
- 13 Oct 2011 ( #535 ) - Tokyo, Japan
1 min read
Nissan Motor Co Ltd has denounced a media report the company will soon be acquired by Hitachi Construction Machinery Co.

An October 5 Nikkei Report article reported that the two companies are currently negotiating an operating and capital alliance between their forklift businesses.

Nissan spokesman Mitsuru Yonekawa tells Forkliftaction.com News articles mentioning Hitachi Construction's impending acquisition of Nissan Forklift Co are "incorrect and speculative".

Hitachi Construction, which owns forklift manufacturer TCM Corp, turned TCM into a wholly-owned subsidiary in December 2009 (Forkliftaction.com News #427). The parent company absorbed the wheel loader operations in April 2010, leaving TCM to focus on forklifts. Nikkei Report says TCM was ranked fourth, with an 8.4% market share, in Japan last year.

Nissan Forklift Co is fifth, according to Nikkei Report, with a 6.8% share of the domestic market. Together, the two forklift businesses would have 15.2% of the Japanese forklift market, closing in on third-placed Komatsu Ltd.

Nissan spun off its forklift operations in October 2010, turning the business into a wholly-owned unit (Forkliftaction.com News #473). It has plants in Japan, the US, Spain and Sweden.
Briefs
Briefs 10 Jul 2025 - 1 min read
Best Line and Burwell expand in US
Best Line and Burwell expand in US 10 Jul 2025 - United States - 1 min read
Briefs
Briefs 26 Jun 2025 - 1 min read
Previously about:
Nissan launches NFCdirect.com News Story - 19 Jan 2012 - Marengo, IL, United States - 1 min read
Hitachi, Nissan to integrate forklift businesses News Story - 1 Dec 2011 - Tokyo, Japan - 1 min read
Briefs News Story - 10 Sep 2009 - 1 min read
Briefs News Story - 30 Oct 2014 - 2 min read
Komatsu opens parts centre at Oyama plant News Story - 28 Aug 2014 - Tokyo, Japan - 1 min read
Komatsu helps disadvantaged South Africans News Story - 27 Feb 2014 - Tokyo, Japan - 2 min read
UniCarriers consolidates forklift production News Story - 25 Oct 2012 - Tokyo, Japan - 1 min read
UniCarries finalises acquisition News Story - 20 Feb 2014 - Tokyo, Japan - 2 min read
UniCarriers to merge by spring News Story - 2 Aug 2012 - Tokyo, Japan - 1 min read
Forklift venture pursues global growth News Story - 14 Jun 2012 - Tokyo, Japan - 1 min read
UniCarriers consolidates forklift production News Story - 25 Oct 2012 - Tokyo, Japan - 1 min read
Briefs News Story - 19 Jan 2012 - 2 min read
TCM invests another RM4 million News Story - 22 Sep 2011 - Shah Alam, Malaysia - 1 min read
Do you have materials handling news? Submit your news here

Since July 2000, Forkliftaction News has been your guide to the developments that are shaping your industry.

Starting today we are also looking back on some of the key news stories from our extensive news archive.

In the news email and on the website, you'll see links to stories that were 'leading our news' multiple years ago, with topics spanning world-first products, big acquisitions, and major industry shifts.
We hope you enjoy this unique insight into the materials handling industry!

Words of support …

These releases in Forkliftaction are a nice experience for SNDC... We got seven inquiries coming from Canada, USA, Mexico, Israel and Australia (five from retailers, two from machines manufacturers) and we are still in contact with them. I can state that's a success story!

David Massat, Sales Director OEM and Export

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

It’s the year 2000. You’re in front of a boxy beige desktop waiting for the screeching ramblings of your dial-up to reach its finale. You go to Yahoo!, MSN, or maybe AOL, and start the mind-numbing process of finding your very specific needle in the digital haystack. And with web pages loading one image at a time, patience isn’t just a virtue – it’s a requirement!

As clumsy as this early iteration seems now, this technology was the great enabler that allowed Forkliftaction to connect to the industry across the globe.  

To everyone who has connected with Forkliftaction in the past 25 years, thank you for your contribution to our success! We feel deeply touched by your words of encouragement.

What has Forkliftaction meant to you? Drop us a line.

PREMIUM business

Hangzhou Manforce Material Handling Equipment Co., Ltd
Specializing in Nichi and conventional forklift products, we create significant value for all our partners!

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

It’s the year 2000. You’re in front of a boxy beige desktop waiting for the screeching ramblings of your dial-up to reach its finale. You go to Yahoo!, MSN, or maybe AOL, and start the mind-numbing process of finding your very specific needle in the digital haystack. And with web pages loading one image at a time, patience isn’t just a virtue – it’s a requirement!

As clumsy as this early iteration seems now, this technology was the great enabler that allowed Forkliftaction to connect to the industry across the globe.  

To everyone who has connected with Forkliftaction in the past 25 years, thank you for your contribution to our success! We feel deeply touched by your words of encouragement.

What has Forkliftaction meant to you? Drop us a line.