QUOTE AND NEWS
JCN Network  Jul 22  Comment 
Hitachi Rail Europe Ltd. today revealed its newly designed AT200 commuter train to an audience of 200 rail industry representatives.
The Economic Times  Jul 22  Comment 
Shares in Hitachi Home and Life Solutions surged as much as 11.6% to a record high of Rs 407 after the company reported April-June net profit tripled.
The Australian  Jul 18  Comment 
HIT by two astonishing tragedies in quick succession, the Malaysia Airlines brand may be impossible to redeem.
The Hindu Business Line  Jul 15  Comment 
Move aimed at centralisation of AC production
The Hindu Business Line  Jul 14  Comment 
To maximise productivity, minimise/reduce operational costs to remain competitive in the market and for administrative convenience, the management of Hitachi Home & Life Solutions (India)
JCN Network  Jul 9  Comment 
Hitachi Europe Ltd., a subsidiary of Hitachi, Ltd. and MIG Int., today announced a roll-out of mobile Wi-Fi scanners that offer convenient mobile identification for the patient at the point of care.
JCN Network  Jun 30  Comment 
Hitachi Automotive Systems Americas, Inc., one of the Hitachi Automotive Systems' group companies and regional headquarters of the company for the Americas, today announced that it has completed construction of a third production facility at their...
Forbes  Jun 25  Comment 
In many ways, Hitachi Data Systems (HDS) is emblematic of a storage industry that is grappling with the need to quickly make a transition to new business models. Why? The storage industry has suddenly become a convergence zone for many of...
Cloud Computing  Jun 19  Comment 
Seven10 Storage Software has announced significant enhancements to its object storage data protection suite; StorFirst Back-Up EMC Edition (formerly StorFirst Altus) and StorFirst Back-Up Hitachi Edition (formerly StorFirst Apollo). Endorsed by...




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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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