QUOTE AND NEWS
Automotive World  May 28  Comment 
Hitachi Automotive Systems, Ltd. today announced that the company is supplying Nissan Motor Co., Ltd. with the high-output lithium-ion battery pack used in the X-Trail Hybrid launched in May by Nissan. The lithium-ion battery pack used in the...
The Straits Times  May 25  Comment 
May 26, 2015 1:44 AM SINGAPORE will be the regional headquarters for a unit of global electronics giant Hitachi.
The Economic Times  May 23  Comment 
The officials expressed their willingness to partner with the state government in the areas of smart city solutions.
The Hindu Business Line  May 23  Comment 
Hitachi Solutions India is going to expand its operations in India. The firm, which offers business applications to enterprises, is all set to launch the second phase operations in Hyderabad in Aug...
Automotive World  May 19  Comment 
Hitachi Automotive Systems, Ltd. today announced that the company will be supplying 5,000W/kg high output power density prismatic lithium-ion battery cells for the new model Chevrolet Malibu Hybrid to be sold by General Motors (GM) in 2016. These...
The Economic Times  May 19  Comment 
Hitachi has decided to expand its operations in India as it regards the country as a central point for its support system in the global network.
Forbes  May 15  Comment 
I spent a day last week at Hitachi Data Systems' (HDS) conference (disclosure, HDS paid for my accommodation to attend the event). You'd be forgiven for assuming that HDS is one of the most boring of vendors. Traditionally a legacy storage shop,...
Automotive World  May 13  Comment 
Hitachi Automotive Systems, Ltd today announced that the company will exhibit at the 2015 Automotive Engineering Exposition to be held from May 20 to 22 at the Pacifico Yokohama Exhibition Hall in Yokohama, Japan, under the sponsorship of the...
Forbes  Apr 28  Comment 
Hitachi Data Systems (HDS) is a wholly owned subsidiary of Japanese behemoth Hitachi. The company's focus has traditionally been on data storage but in recent times it has branched out into wider areas - in particular big data and analytics. This...




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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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