History

Steel Department made an independent subsidiary of Hitachi Ltd. and named Hitachi Metal Industries, Ltd.

Sales of Access Floor systems marketed.

Hitachi Chain, Ltd. that sold Chains manufactured by Hitachi Metals, Ltd. established with capital of 30 million yen and six offices.

Sales of HIBASE marketed.

Hitachi Chain, Ltd. licensed by the Minister of Construction as a machinery installation business.

Building Equipment Center established in the Hitachi Metals, Ltd. Marketing Headquarters.

HIBASE Method assessed by the Building Center of Japan.

Hitachi Maxco, Ltd. (U.S.A.) established.

Established with capital of 200 million yen by merging Hitachi Chain, Ltd. and the Building Equipment Center of Hitachi Metals, Ltd. and Tohoku Sales Office opened in Senadi-shi.

Licensed by the Minister of Construction as an interior finishing work business.

Hokuriku Liaison Office opened in Toyama-shi.

Hitachi Sales Office opened in Hitachi-shi and Kanto Sales Office opened in Takasaki-shi.

Osaka Sales Office renamed the Kansai Sales Branch.

Capital increased to 500 million yen.

Construction Department established and construction business got off to a full-scale start.

Transferred the Access Floor installation business from Hitachi Metals, Ltd.

Licensed by the Minister of Construction as a construction business, steel structure manufacturing business, and stonemasonry business.

Japanese name changed to Hitachi kizai.

Listed on the Second Section of the Tokyo Stock Exchange (capital increased to 3.38 billion yen).

Hokuriku Liaison Office transfered from Toyama-shi to Kanazawa-shi.

Cosmo sprocket Ltd. established.

Technical Department and Research Division established. Nagoya Sales Office renamed Chubu Sales Branch.

Transfered the manufacturing right of the Chain and Access Floor from Hitachi Metals, Ltd.

Kanto Works established in Kumagaya-shi. Manufacture of Chain and Access Floor began.

Shanghai Hitachi Metals Techno, Ltd. (Currently consolidated subsidiary company) is established with a 55% investment and then the production and sale of sprocket are started.

First issue of unsecured convertible bonds (total amount issued: 4 billion yen).

Hitachi Maxco, Ltd. (Currently consolidated subsidiary company) established Maxcess Technologies, Inc. (U.S.A.) and Maxcess Technologies Inc. (Canada) with each 51% investment and then the production and sales of Access Floor is started in U.S.A. and Canada.

Transfered the Expansion Tank manufacturing business from Hitachi Metals, Ltd.

Kuwana Works opened in Kuwana-shi .

Hitachi Maxco, Ltd. made Maxcess Technologies, Inc. (U.S.A.) and Maxcess Technologies Inc. (Canada) into a wholly-owned subsidiary.

Made Shanghai Hitachi Metals Techno, Ltd. (China) into a wholly-owned subsidiary.

Katou Works qualified ISO 9001 certification for quality.

Cosmo sprocket Ltd. dissolved. Absorbed the Sprocket Wheel business from Cosmo sprocket Ltd.

Kanto Works qualified ISO 14001 certification for environmental performance.

Maxess Technologies,Inc. (U.S.A.) obtained 26% of the stock of Sun Maxcess, LLC, and made into a subsidiary.

Expansion Tank manufacturing business transferred to Hitachi Metals, Ltd. and Kuwana works closed.

Kyushu Sales Office renamed Kyushu Sales Branch.

The Access Floor production department of Maxcess Technologies, Inc.(U.S.A.) closed and the sales department of it is alienated to Sun Maxcess, LLC. In business. Subsequently, the company name of it is changed to liquidation company Maxcess Resources, Inc., which implements the procedure of dissolving it. Sun Maxcess, LLC. Renamed Maxcess Technologies, LLC.

Hitachi Sales Office closed.

The liquidation of Maxcess Resources, Inc. is finished.

Maxcess Techologies, LLC. renamed Maxcess Technologies, Inc. (U.S.A.)

Maxess Technologies, Inc. (U.S.A.) is dissolved.
All the stocks of Maxess Techonologies Inc. (Canada) are alienated.

Hokuriku Liaison Office renamed Hokuriku Sales Office.

Shanghai Hitachi Metals Techno, Ltd. (China) dissolved and Shanghai Representative Office opened.

Merger with the Building Equipment sales business of Hitachi Metals Admet, Ltd. and Niigata Liaison office opened in Niigata-shi.