QUOTE AND NEWS
JCN Network  Jul 25  Comment 
Nissan's partially redesigned X-Trail ADAS ECU TOKYO, Jul 25, 2017 - (JCN Newswire) - Hitachi Automotive Systems, Ltd. today announced that its Advanced Driver Assistance System Electronic Control Unit (ADAS ECU) was selected for...
JCN Network  Jul 24  Comment 
Swift HYBRID SL Lithium-ion battery module TOKYO, Jul 24, 2017 - (JCN Newswire) - Hitachi Automotive Systems, Ltd. today announced that its lightweight, compact and highly reliable lithium-ion battery module has been chosen for Suzuki...
Clusterstock  Jul 18  Comment 
Stocks ended Tuesday's trading day mixed, with the tech-heavy Nasdaq leading the way and the Dow Jones industrial average lagging. Financials slumped after concerning results from quarterly earnings from two major players, which Netflix soared...
Clusterstock  Jul 14  Comment 
The S&P 500 and Dow climbed to all-time highs in trading on Friday after some of the major banks reported quarterly profits that were better than expected.  Here's the scoreboard:  Dow: 21,637.74, +84.65, (0.39%) S&P 500: 2,459.27,...
The Hindu Business Line  Jul 13  Comment 
Demand for seamless payments operable across different modes of transport & cities increasing, says MD
Cloud Computing  Jul 13  Comment 
"We want to show that our solution is far less expensive with a much better total cost of ownership so we announced several key features. One is called geo-distributed erasure coding, another is support for KVM and we introduced a new capability...
JCN Network  Jul 3  Comment 
TOKYO, Jul 3, 2017 - (JCN Newswire) - Hitachi Automotive Systems, Ltd. and Honda Motor Co., Ltd. today announced the establishment of a joint venture company for the development, manufacture and sales of motors for electric vehicles on the...
Cellular News  Jun 27  Comment 
Hitachi Data Systems Federal, Inc., (HDS Federal) today announced it has signed a definitive agreement with Brocade Communication Systems, Inc. (Brocade) to accept the transfer and control of certain Brocade U.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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