QUOTE AND NEWS
Clusterstock  Feb 10  Comment 
Stocks hit all-time highs again on Friday. All three major indices hit all-time highs, although they retraced some of their gains as the afternoon progressed. Stocks also climbed on Thursday following US President Donald Trump's announcement...
Clusterstock  Feb 9  Comment 
Stocks touched all-time highs on Thursday after US President Donald Trump said he would release his plan to reform the tax system in the next few weeks. Although they back-tracked on some of their gains near the end of the trading day, all three...
The Economic Times  Feb 9  Comment 
Hitachi confirmed the breach and said that they will continue to undertake all mandatory and regulatory security measures.
Wall Street Journal  Feb 7  Comment 
Honda Motor will team up with Hitachi’s automotive-parts unit to build motors for electric vehicles, the latest collaboration between industry giants to keep abreast of rapid changes.
The Hindu Business Line  Feb 6  Comment 
Hitachi Consulting Software Services India has changed its business strategy from a pure software services approach to focus on consulting and transformational solutions in the country and the Asia-P...
SeekingAlpha  Feb 1  Comment 
newratings.com  Feb 1  Comment 
VIENNA (dpa-AFX) - Hitachi Ltd. (HTHIF.PK, HTHIY.PK) reported nine-month net income to shareholders of 191.2 billion yen compared to 172.9 billion yen, prior year. Earnings per share was 39.60 yen compared to 35.79 yen. EBIT decreased to 362.0...
The Hindu Business Line  Jan 31  Comment 
Eyes contracts in IoT, Digital space
The Hindu Business Line  Jan 30  Comment 
Sees huge demand for cloud, analytics and IoT




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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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