QUOTE AND NEWS
Cellular News  Jun 27  Comment 
Hitachi Data Systems Federal, Inc., (HDS Federal) today announced it has signed a definitive agreement with Brocade Communication Systems, Inc. (Brocade) to accept the transfer and control of certain Brocade U.S....
Cellular News  Jun 13  Comment 
JERSEY CITY, N.J.andnbsp;oXya, a Hitachi Group Company, has been named by IDG's Computerworld as one of 2017 Best Places to Work in Information Technology (IT). The annual list, published for the 24th year, consists of 100 top organizations that...
Japan Today  Jun 12  Comment 
Hitachi Ltd has developed a smartphone-connected device to prevent drunken driving by detecting alcohol from a person's breath while employing facial recognition technology to prevent the person from…
JCN Network  Jun 9  Comment 
TOKYO, Jun 9, 2017 - (JCN Newswire) - Ansaldo STS has signed a Memorandum of Understanding (MoU) with Metroselskabet to develop a Proof of Concept for a new Dynamic Headway solution leveraging Hitachi technologies for the Copenhagen Metro...
JCN Network  Jun 8  Comment 
TOKYO, Jun 8, 2017 - (JCN Newswire) - Hitachi Healthcare Americas Corporation, a wholly owned subsidiary of Hitachi, Ltd. (TSE:6501) and The University of Texas MD Anderson Cancer Center have announced today that they have entered into an...
The Hindu Business Line  Jun 6  Comment 
Hitachi executes a three-year efficiency project
Clusterstock  Jun 2  Comment 
Stocks continued their upwards trek on Friday, even following a somewhat disappointing jobs report. All three indices finished at record highs. First up, the scoreboard: Dow: 21,206.29, +62.11, (+0.29%) S&P 500: 2,439.07, +9.01,...
JCN Network  Jun 2  Comment 
Image of Guangzhou CTF Finance Centre TOKYO, Jun 2, 2017 - (JCN Newswire) - Hitachi, Ltd. (TSE:6501) today announced that its ultra-high-speed elevator reached a speed of 1,260 m/min. The speed was recorded during a test of the elevator under...
The Hindu Business Line  Jun 1  Comment 
On the anvil are more products in the construction equipment space
JCN Network  May 31  Comment 
System Overview Release Schedule and Price TOKYO, May 31, 2017 - (JCN Newswire) - Hitachi, Ltd. (TSE:6501) today announced that the company will launch the progress and operation monitoring system and the work improvement support...




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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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