QUOTE AND NEWS
Automotive World  Jul 14  Comment 
Hitachi Automotive Systems, Ltd. today announced that Mazda Motor Corporation has developed a new technology based on Hitachi’s G-Vectoring vehicle motion control technologies and will be introducing it as an advanced safety feature into all...
Clusterstock  Jul 12  Comment 
US stocks are at all-time highs with the Dow spiking above its previous closing and intraday peaks in early trading on Tuesday. First, let's head to the scoreboard: Dow: 18,347.26 (+0.7%) S&P 500: 2,145.25 (+0.7%) Nasdaq: 4,569.12...
The Hindu Business Line  Jul 11  Comment 
Hitachi Consulting Software Services India has extended the paid maternity leave period from three months to six months. The new policy adopted by the firm also allows inclusion of the newborn baby i...
Automotive World  Jun 24  Comment 
Hitachi Automotive Systems, Ltd. today announced that the company’s high pressure fuel pumps compatible with the fuel situation in the Federative Republic of Brazil (hereinafter Brazil) are being used by Volkswagen (hereinafter VW). In Brazil,...
Automotive World  Jun 22  Comment 
Tokyo, June 22, 2016 – Hitachi Automotive Systems, Ltd. today announced that it has been selected by Volkswagen AG as a strategic partner in the field of gasoline injection systems for Volkswagen’s Future Automotive Supply Tracks (FAST)...
The Hindu Business Line  Jun 21  Comment 
CMR Institute of Technology (CMRIT) has entered into a memorandum of understanding (MoU) with Hitachi Solutions India as part of academic-industry collaboration. This initiative aims to train the s...
Forbes  Jun 13  Comment 
Storage systems vendors have observed a decline in revenues due to a slowdown in hardware sales over the last couple of years. As a result, prominent vendors such as EMC (NYSE:EMC, NetApp, IBM, Hitachi Data Systems and HP Enterprise have seen...
The Hindu Business Line  Jun 3  Comment 
Dolat CapitalHitachi Home (Accumulate)CMP: ₹1,273.85Target: ₹1,364Hitachi Home & Life Solutions (India) Ltd (HHLS) is a subsidiary of Hitachi Appliance Inc, Japan. Hitachi Home presents a premiu...
The Economic Times  Jun 3  Comment 
State-run firm BSNL today announced partnership with Hitachi Payment Services for facilitating round-the-clock phone bill payment through ATM.
Forbes  Jun 1  Comment 
EMC has witnessed a slowdown in its core information storage business over the last couple of years – a trend consistent across most large storage vendors, including NetApp, IBM, Hitachi Data Systems and HP Enterprise. As a result, EMC’s...




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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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