HTCMF (Hitachi Construction Machinery Co) Research & Development : $0 Mil (TTM As of Sep. 2024)

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What is Hitachi Construction Machinery Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Hitachi Construction Machinery Co's Research & Development for the three months ended in Sep. 2024 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was $0 Mil.

Hitachi Construction Machinery Co Research & Development Historical Data

The historical data trend for Hitachi Construction Machinery Co's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hitachi Construction Machinery Co Research & Development Chart

Hitachi Construction Machinery Co Annual Data

Trend

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Research & Development

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Hitachi Construction Machinery Co Quarterly Data
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Hitachi Construction Machinery Co Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Hitachi Construction Machinery Co (OTCPK:HTCMF) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Hitachi Construction Machinery Co Research & Development Related Terms

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Hitachi Construction Machinery Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Hitachi Construction Machinery Co Ltd (OTCPK:HTCMF) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

HTCMY:USA 6305:Japan HCM:Germany

Address

16-1, Higashiueno 2-chome, Taito-ku, Tokyo, JPN, 110-0015

Website

https://www.hitachicm.com

Hitachi Construction Machinery, or HCM, manufactures and sells construction and mining machinery, and provides related services such as parts supply, rentals, and others. HCM was established in 1970 as a subsidiary of Hitachi, but its origins date back to 1949 when it introduced Japan's first mechanical excavator. The company's main products include hydraulic excavators for mining/construction, rigid dump trucks, and wheel loaders. As of August 2022, Hitachi is no longer the parent company of HCM, after selling 26% of its stake to HCJI Holdings, a joint venture between Itochu and Japan Industrial Partners. Currently, Hitachi has a 25.4% stake in Hitachi Construction Machinery as an equity-method affiliate. HCM is based in Tokyo, Japan.