Hitachi Construction Machinery Co., the world’s biggest maker of giant excavators, dropped on the Tokyo Stock Exchange after Nomura Securities Co. and CLSA Asia- Pacific Markets cut their ratings on the stock.
Hitachi Construction Machinery fell 8.4 percent to 2,785 yen as of 9:27 a.m. in Tokyo, the biggest decline in the past four trading sessions. […]

Japan’s Hitachi Ltd. aims to generate 50 pct or more of its sales from overseas through bolstering its social infrastructure operations including power generation and railway, President Kazuo Furukawa said Tuesday.
The Japanese company will push power generation equipment, railway systems and construction machinery in Europe, Furukawa said at a press conference here.
Hitachi plans to […]