QUOTE AND NEWS
newratings.com  Jul 28  Comment 
TOKYO (dpa-AFX) - Hitachi Ltd. (HTHIF.PK, HTHIY.PK) Wednesday said its first-quarter net income climbed to 95 billion yen from 70.4 billion yen in the prior year. Attributable net income totaled 54.9 billion yen or 11.36 yen per share, compared...
The Hindu Business Line  Jul 27  Comment 
Sandeep Singh will take over as the new Managing Director of Tata Hitachi Construction Machinery Company from August 1. He will succeed Ranaveer Sinha. Previous to joining Tata Hitachi Co...
The Economic Times  Jul 24  Comment 
Hitachi Home and Life Solutions (India) Ltd today reported 8.13 per cent increase in its standalone net profit to Rs 46.52 crore.
The Economic Times  Jul 8  Comment 
Other companies to have a dream run on the bourses during the past decade include Cera Sanitaryware, Vadilal Industries and Hitachi Home.
guardian.co.uk  Jul 8  Comment 
RMT members at First Great Western walk out over jobs and maintenance of new Hitachi trains, hitting services between London and Wales for first Ashes Test Train services on some of the country’s busiest routes will be significantly hit from...
The Economic Times  Jun 26  Comment 
When PM Narendra Modi visited the ancient Buddhist temples in the former capital city of Japan, Kyoto, he had his vision of Varanasi in mind. He made it clear that Kyoto is a world class city of the kind he wants to replicate in Varanasi.
Automotive World  Jun 23  Comment 
Hitachi Automotive Systems (China), Ltd., a group company and the Chinese regional headquarters of Hitachi Automotive Systems, Ltd., and Hitachi (China), Ltd., the Chinese regional headquarters of Hitachi, Ltd., today announced that they...
newratings.com  Jun 18  Comment 
VENLO (dpa-AFX) - Hitachi High-Technologies Corp. and Qiagen N.V. (QGEN) have entered into a long-term strategic collaboration involving initiatives to deliver important advances in molecular testing. Under terms of the agreement, both companies...
Automotive World  Jun 4  Comment 
With Pentaho’s Data Integration and Visualization Technologies Now Integrated Into Its Advanced Analytics Foundation Software, HDS Is Positioned for IoT and Big Data Analytics Market Leadership Hitachi Data Systems Corporation (HDS), a wholly...




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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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