QUOTE AND NEWS
guardian.co.uk  May 20  Comment 
Japanese company and US construction group Bechtel offer rival proposal to French firm EDF’s plans for Hinkley Point C reactor Hitachi has unveiled a construction consortium to build a £10bn nuclear power station in Wales “on time and on...
Automotive World  May 20  Comment 
Hitachi Automotive Systems, Ltd. today announced that its electric parking brake is being used on Mazda Motor Corporation’s new three-row midsize crossover SUV, the Mazda CX-9, to be sold in North America and other locations. In recent years, in...
Automotive World  May 17  Comment 
Hitachi Automotive Systems, Ltd. today announced that it will be exhibiting at the Automotive Engineering Exposition 2016 Yokohama to be held from May 25 to 27 at the Pacifico Yokohama Exhibition Hall in Yokohama, Japan, under the sponsorship of...
SeekingAlpha  May 13  Comment 
The Economic Times  May 12  Comment 
The platform will serve as the core foundation on which all of Hitachi’s IoT solutions are built and will enable the creation of IoT business ecosystems.
The Hindu Business Line  May 5  Comment 
Hitachi Home & Life Solutions India, part of Johnson Controls-Hitachi Air-Conditioning, aims to grow its revenues to ₹ 2,000 crore by FY17, from the current ₹1,700 crore. The joint venture com...
The Economic Times  May 4  Comment 
Airconditioner firm Hitachi Home & Life Solutions expects its sales to cross Rs 2,000 crore mark in the current financial year.
The Economic Times  May 3  Comment 
Japanese companies listed on Indian exchanges are seen heading for challenging times on D-Street, after the Japanese Yen rose to an 18-month high against the US Dollar on Tuesday.
The Economic Times  May 3  Comment 
Hitachi Koki, a power tools company from the Hitachi Group, intends to amplify its global acquisition of German competitor Metabo in the Indian market by introducing new products with cutting-edge technology.




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