QUOTE AND NEWS
Financial Times  Aug 16  Comment 
Mitsubishi Hitachi Power Systems gains market share in battle with GE and Siemens
The Hindu Business Line  Aug 9  Comment 
Sandeep Singh, MD of Tata Hitachi, is upbeat about the new offering, Shinrai
The Economic Times  Jul 31  Comment 
We are keen in the indigenisation of bullet train coaches. BEML had tied up with Japanese company Hitachi in this regard, said D K Hota.
SeekingAlpha  Jul 27  Comment 
The Economic Times  Jul 26  Comment 
Prior to joining Hitachi Vantara, Tiwari worked at Hewlett Packard for over two decades in various senior management positions across Asia and India.
JCN Network  Jul 18  Comment 
Milan, Italy, Jul 18, 2018 - (JCN Newswire) - Hitachi Rail Italy signed a contract worth 87 million euro for the supply of 12 Leonardo metro trains, destined for Milan Metro Line 2. These units are in addition to the 60 trains already ordered by...
Forbes  Jun 28  Comment 
New enterprise storage products enable modern data centers to process data fast, using on-premises, public or hybrid clouds with these WD, DDN, Hitachi Vantara and Qumulo products.




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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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