Hitachi Zosen Corporation (TYO:7004) is a Japan-based manufacturer engaged in four business segments. The Environment and Plant segment offers refuse incineration plants, industrial waste treatment plants, biomass energy systems, water and sludge treatment plants and others. The Machinery and Processing Machinery segment offers iron-making machines, forging machines, wind-driven machines, food processing machines, pharmaceutical machines, plastic processing machines, precision machines and power generating units. The Steel and Construction segment offers bridges, doors for water gates, steel chimneys, steel pipes, marine engineering equipment, shield machines and civil engineering equipment. The Others segment is engaged in the provision of electronic and control systems, high-accuracy positioning systems and disaster prevention systems, as well as the whole sale of electric power.
Hitachi Zosen Corporation
TYO:7004 ISIN:JP3789000001
News
Most major Asian indexes ended higher on Monday except for the Japan market. Tokyo stocks hit by the bankruptcy of nonbank lender SFCG dropped 2.8% in early trading and ended 0.5% at the close. South Korea's Kospi jumped 3.2%, China's Shanghai Composite added 2% and Hong Kong's Hang Seng Index surged 3.8%. This morning the Nikkei average extended its tumble after US stocks sank to a record low since 1997.
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