The Economic Times  Feb 6  Comment 
Hitachi Systems Micro Clinic Pvt. Ltd, a system integrator firm announced its plan to increase its workforce by 20% in line with its aim to become a $1 billion company by 2021.
SeekingAlpha  Jan 31  Comment 
The Hindu Business Line  Jan 30  Comment 
Construction equipment maker Hitachi wants the Budget to focus on the execution of road projects. The construction gear sector has been on the rebound since 2016-end after nearly three years
Clusterstock  Jan 12  Comment 
US stocks climbed to a new record as a handful of banks reported earnings, including JPMorgan, which gained on speculation that tax cuts will boost profits. The S&P 500 increased 0.7%, while the Dow Jones Industrial Average spiked 0.9% and the...
Clusterstock  Jan 9  Comment 
US stocks rose, hitting another record high, as investors continue to price in the impact of tax cuts ahead of corporate earnings season, which starts later this week. The S&P 500 rose 0.1%, while the Dow Jones Industrial Average climbed 0.4%...
The Hindu Business Line  Dec 26  Comment 
Shirdi Sai Electricals Ltd (SSEL), a transformer manufacturing company based in Kadapa, has announced the inauguration of its new plant for manufacture of energy efficient amorphous metal distributio...


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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