QUOTE AND NEWS
Reuters  Oct 14  Comment 
Finmeccanica has shortlisted China's CNR Corporation and Hitachi of Japan to buy its rail assets but binding offers have not yet been presented, Chief Executive Mauro Moretti said...
JCN Network  Oct 10  Comment 
Hitachi Rail Europe is delighted that Transport Scotland has announced its intention to award Abellio the new ScotRail franchise.
SeekingAlpha  Oct 9  Comment 
By WisdomTree: By Jeremy Schwartz When I spoke with Jesper Koll from J.P. Morgan Securities, one particular theme appeared in our conversation: Prime minister Shinzo Abe is an important catalyst-but not necessarily the primary factor-for what...
JCN Network  Oct 9  Comment 
Hitachi, Ltd. (TSE: 6501, "Hitachi") today announced that it will host the "Hitachi Innovation Forum 2014 Singapore," on 19 November at the Suntec Singapore Convention & Exhibition Centre.
JCN Network  Oct 8  Comment 
The Asian University for Women ("AUW") and Hitachi, Ltd. (TSE:6501, "Hitachi") announced today that Hitachi will sponsor scholarships for three students attending AUW for four years.
JCN Network  Oct 1  Comment 
Hitachi Consulting, the global management consulting and IT services business of Hitachi Ltd., today announced that it has acquired Stone Apple, a specialist in Enterprise Applications, Embedded Systems, Business Intelligence & Analytics,...
The Economic Times  Sep 30  Comment 
Hitachi Home and Whirlpool are flying. It appears that there is great Diwali buying, also in auto stocks, particularly Eicher, Apollo Tyres etc.
JCN Network  Sep 19  Comment 
Hitachi Rail today announced that it will be showcasing its latest rolling stock and signaling operations at InnoTrans 2014, at the Messe Berlin exhibition centre in Berlin, Germany.
The Hindu Business Line  Sep 18  Comment 
IT services major Infosys on Thursday said it has joined hands with Microsoft, Hitachi Data Systems (HDS) and Huawei in a bid to expand offerings in cloud, big data and analytics, communica...
JCN Network  Sep 18  Comment 
Hitachi, Ltd. today announced that it will open a new R&D base in the UK - the European Nuclear Research Centre (ENRC) - on September 30th 2014.




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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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