QUOTE AND NEWS
DailyFinance  Apr 4  Comment 
WESTLAKE VILLAGE, CA -- (Marketwired) -- 04/04/14 -- Compulink Business Systems, Inc. announced today that Compulink Advantage Version 11 is compliant with the ONC 2014 Edition criteria and was certified as a Complete EHR on March 27, 2014 by the...
DailyFinance  Apr 4  Comment 
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/04/14 -- Rainmaker Entertainment Inc. ("Rainmaker" or the "Company") (TSX VENTURE: RNK) announces that it is partnering with HIT Entertainment ("HIT"), one of the world's leading pre-school...
JCN Network  Apr 3  Comment 
Hitachi, Ltd. delivered six sets of centrifugal compressors for a Floating Production, Storage, and Offloading system (FPSO) for Petroleo Brasileiro S.A., the state oil company of the Federative Republic of Brazil.
DailyFinance  Mar 31  Comment 
Hitachi America, Ltd. and the Energy & Environmental Research Center (EERC) today announced that the two companies are partnering to develop technology-driven products, services, and solutions for enhancing the production of...
JCN Network  Mar 28  Comment 
Hitachi America, Ltd. and Demansys Energy LLC today announced that they have reached an agreement to perform a demonstration project utilizing Hitachi's "CrystEna" compact container-type energy storage system in the market for frequency regulation...
JCN Network  Mar 28  Comment 
Hitachi, Ltd. today announced its participation in the "Survey on Environmentally-Friendly Urban Development in South Africa" to be conducted by the Japan International Cooperation Agency ("JICA").
JCN Network  Mar 26  Comment 
Hitachi, Ltd. and Hitachi Elevator Asia Pte. Ltd., the supervising company for Hitachi's elevator business in Southeast Asia, India, and the Middle East, have been awarded a batch order for 49 elevators and escalators to be installed in the Duo...
DailyFinance  Mar 25  Comment 
SANTA CLARA, CA -- (Marketwired) -- 03/25/14 -- Hitachi Data Systems Corporation (HDS), a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501), today announced Gartner has scored its Hitachi Virtual Storage Platform (VSP) as one of two systems...
DailyFinance  Mar 25  Comment 
LOS ANGELES, CA -- (Marketwired) -- 03/25/14 -- MMRGlobal, Inc. (OTCQB: MMRF), through its wholly owned subsidiary MyMedicalRecords, Inc. (collectively, "MMR"), today announced that it has received a Notice of Allowance ("NOA") from the...
DailyFinance  Mar 25  Comment 
SANTA CLARA, CA -- (Marketwired) -- 03/25/14 -- Ensim Corporation , a leading provider of automation and orchestration solutions to service providers and enterprises, today announced that Hitachi Data Systems (HDS) has selected the...




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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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