QUOTE AND NEWS
Cloud Computing  Apr 17  Comment 
CALGARY , April 17, 2014 /PRNewswire/ - Hitachi ID Systems is named a Leader vendor in the 2014 Identity Provisioning Leadership Compass report, published by EU-based analyst firm, KuppingerCole. read more
DailyFinance  Apr 16  Comment 
Sarasota Interventional Radiology announced today that it has installed Florida’s first Hitachi SCENARIA 128-slice, lower dose CT scanner. Dr. Gerald Grubbs, CEO and Medical Director of Sarasota Interventional...
The Economic Times  Apr 16  Comment 
Micro Clinic India, which has been acquired by Hitachi Systems for around Rs 100 crore in March, was renamed Hitachi Systems Micro Clinic on April 3.
The Economic Times  Apr 16  Comment 
Goldman Sachs, which has been appointed to scout for a buyer, has zeroed in on Hitachi, which has had a presence in India for 8 decades.
The Economic Times  Apr 15  Comment 
"Given the pace of discussion, it appears Hitachi and Thapars would enter into formal agreement soon," one of the two persons said.
Cloud Computing  Apr 15  Comment 
CALGARY, Alberta , April 15, 2014 /PRNewswire/ -- read more
DailyFinance  Apr 11  Comment 
Hitachi High-Technologies Corporation (Hitachi High-Tech) (TSE:8036) has been recognized as one of 8 companies receiving Intel Corporation’s prestigious Supplier Continuous Quality Improvement (SCQI) award for their...
JCN Network  Apr 10  Comment 
Hitachi, Ltd. (TSE:6501) today announced that it will establish a new R&D base in the UK - the European Nuclear Research Centre (ENRC) - by the end of September 2014.
DailyFinance  Apr 10  Comment 
NextGen Healthcare Information Systems, LLC., a wholly owned subsidiary of Quality Systems, Inc. (NASDAQ: QSII) and a leading provider of healthcare information systems and connectivity solutions, announced today that...




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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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