QUOTE AND NEWS
The Economic Times  Jan 29  Comment 
According to a report, 22 out of 37 major smart cities across the world are likely to come up in the APAC region by 2022.
The Political and Financial Markets Commentator  Jan 28  Comment 
Nothing Says 'Super Bowl' Party Like Barack Obama Toilet Paper!! Or, if that doesn't HIT the spot, might I suggest The Obama Punching Bag instead? Did you know that there are actually 6 different types of military discharges and that there are...
Automotive World  Jan 27  Comment 
Hitachi Data Systems has been named a winner in the 2014-2015 Cloud Awards Program for the Best in Mobile Cloud Solution category. HDS was nominated for its Hitachi Content Platform (HCP) Anywhere offering. Built end-to-end by Hitachi Data...
The Hindu Business Line  Jan 27  Comment 
Johnson Controls plans to acquire 25.74 per cent stake in Hitachi Home & Life Solutions (India) Ltd through an open offer for an estimated price of ₹575 crore. In a public announceme...
Wall Street Journal  Jan 22  Comment 
Johnson Controls Inc. expects its joint venture with Japan’s Hitachi Ltd. will generate sales of $2.6 billion in 2016, as the Milwaukee manufacturing conglomerate broadens its product lines in air conditioning equipment and gains greater access...
The Economic Times  Jan 22  Comment 
Earlier in the day, Johnson Controls and Hitachi and Hitachi Appliances entered into a definitive agreement to form a global joint venture.
The Hindu Business Line  Jan 22  Comment 
Johnson Controls and Hitachi Appliances have entered into a definitive agreement to form a global joint venture for heating, air conditioning, ventilation and refrigeration (HCAV).As per th...
Wall Street Journal  Jan 22  Comment 
Johnson Controls Inc. expects its joint venture with Japan’s Hitachi Ltd. will generate sales of $2.6 billion in 2016, as the Milwaukee manufacturing conglomerate broadens its product lines in air conditioning equipment and gains greater access...
JCN Network  Jan 21  Comment 
Johnson Controls, Hitachi, Ltd. and Hitachi Appliances, Inc. entered into a definitive agreement for their global joint venture while at the World Economic Forum in Davos.
The Times of India  Jan 18  Comment 
Hitachi Data Systems (HDS), a wholly owned subsidiary of Hitachi, Ltd., today announced the appointment of Mark Ablett as senior vice president and general manager, Asia Pacific.




RELATED WIKI ARTICLES
 
TOP CONTRIBUTORS

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.




References

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki