QUOTE AND NEWS
The Economic Times  May 25  Comment 
CleanMax Solar, on the other hand, will offer its expertise in developing, building and maintaining solar projects in India.
The Hindu Business Line  May 24  Comment 
Will jointly offer rooftop solar solutions to Japanese companies in India
The Economic Times  May 19  Comment 
It has thus far executed 11 export orders for supply of pressure parts, pulverisers and engineering services to the Middle East, Africa and South East Asia.
Automotive World  May 17  Comment 
Hitachi Automotive Systems, Ltd. announced today that it will exhibit at the Automotive Engineering Exposition 2017 Yokohama. The exposition will be held from May 24 to 26 at the Pacifico Yokohama in Japan, under the sponsorship of the Society of...
SeekingAlpha  May 12  Comment 
Cloud Computing  May 8  Comment 
The hot topics in the industry today seem to center around Digital Transformation and Mobile Apps. While a digital transformation strategy is crucial to keep up with the chaos in your industry, customer demands, and other disruptions, the need to...
The Hindu Business Line  Apr 27  Comment 
Hitachi India has appointed Bharat Kaushal as its Managing Director. The new appointment will be effective June 1. Bharat Kaushal succeeds Kojin Nakakita, who has been elevated as Chairman of Hitac...
The Economic Times  Apr 26  Comment 
Kaushal will be the first Indian to spearhead Hitachi India’s operations. He succeeds Kojin Nakakita who has been elevated as chairman of Hitachi India and Hitachi Asia.




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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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