QUOTE AND NEWS
The Political and Financial Markets Commentator  Dec 18  Comment 
Get Obama Toilet Paper For That Special Someone On Your Christmas Giving List! Or, if that doesn't HIT the spot, might I suggest The Obama Punching Bag instead? Despite all of the jokes told about lawyers (two of them are provided), the...
The Political and Financial Markets Commentator  Dec 18  Comment 
Get Obama Toilet Paper For That Special Someone On Your Christmas Giving List! Or, if that doesn't HIT the spot, might I suggest The Obama Punching Bag instead? Is the T-shirt below simply a valid message to citizens everywhere or, as liberals...
Reuters  Dec 17  Comment 
A senior Hitachi Ltd executive confirmed the company has bid for Italian conglomerate Finmeccanica's train-making and rail signal assets.
Reuters  Dec 16  Comment 
* Pair hope to profit from Japanese electricity reforms (Recasts, adds details on electricity reforms in Japan)
Automotive World  Dec 15  Comment 
Nissan’s AVM and MOD technologies give ultra-large equipment operators visual and audio information for improved situational awareness AVM and MOD are among the building blocks of Nissan’s Autonomous Drive technology Nissan Motor Co., Ltd....
The Political and Financial Markets Commentator  Dec 13  Comment 
Get Obama Toilet Paper For That Special Someone On Your Christmas Giving List! Or, if that doesn't HIT the spot, might I suggest The Obama Punching Bag instead? Our Commander-in-Chief is a no show at the Army-Navy football game that's taking...
Reuters  Dec 12  Comment 
GE and Hitachi have cleared the next regulatory hurdle towards permission for the use of their joint nuclear reactor design in Britain after the government awarded it a so-called regulatory justification.
The Political and Financial Markets Commentator  Dec 11  Comment 
Get Obama Toilet Paper For That Special Someone On Your Christmas Giving List! Or, if that doesn't HIT the spot, might I suggest The Obama Punching Bag instead? Thanks to political expediency, it appears that a huge revenue raising experiment in...
JCN Network  Dec 10  Comment 
Hitachi, Ltd. today announced that Hitachi Group holds a "Hong Kong Hitachi Group 50th Anniversary Commemorative Ceremony".




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Hitachi, Ltd. (HIT), a Tokyo-based global conglomerate, has a highly diversified product mix ranging from consumer electronic products to power plants and electronic devices. Hitachi's emphasis on research and development (R&D) and its application of a wide range of advanced technologies for this purpose, makes it one of the world s largest manufacturers of electronic products. The company operates through seven industry segments. These segments include Power & Industrial Systems (25.6% of 2006 revenue), Information & Telecommunications Systems (21.0%), High Functional Materials & Components (15.2%), Digital Media & Consumer Products (12.8%), Logistics, Electronic Devices (10.9%), Services, & Others (10.3%), and Financial Services (4.2%).

Hitachi operates on a global scale with more than one-third of its business conducted overseas, as indicated by its sources of revenue for fiscal year 2006, ended March 2007. The company generated 59.5% from Japan, 18.1% from Asia, 10.3% from North America, 8.5% from Europe, and 3.6% from other areas. Employing more than 356,000 people worldwide, Hitachi distributes its products in Japan (primarily through its own sales network) and uses overseas sales subsidiaries, joint-venture companies, and unaffiliated distributors for international marketing. Hitachi currently has 920 consolidated subsidiaries and 165 equity-method affiliates. The company's total assets as of March 31, 2007 were $90,259.1 million, compared to $85,221.5 as on March 31, 2006.

Hitachi faces several challenges such as globalization of some of its markets, commoditization of some of its products, stagnation in some industries, fluctuation in exchange rates, and an interest rate hike in China, where Hitachi is expanding its business. To combat the pressure, the company is closing or downsizing unprofitable operations where feasible, seeking joint ventures with competitors, reallocating employees from overstaffed businesses to growth businesses, reorganizing the geographical allocation of its manufacturing facilities, and emphasizing the development of cutting-edge technology. Despite its recent progress and a promising future, Hitachi will have to resolve these key issues before the shares become more attractive.




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