The Economic Times  Sep 26  Comment 
Tata Hitachi today expressed concern over lack of "industrial peace" in the state and said it is creating a hurdle in doing business.
The Hindu Business Line  Sep 7  Comment 
Hitachi India sees the country as its key strategic market and plans to make it an export hub. The Japanese firm is looking at various businesses for expansion in India, including IT, Healthcar...
guardian.co.uk  Sep 3  Comment 
Chancellor welcomes facility in Newton Aycliffe as boost for northern powerhouse project but opening is met with scepticism as well as fanfare A new train factory has been opened in north-east England by Hitachi, and heralded by the prime...
Financial Times  Sep 3  Comment 
Hitachi opens £82m County Durham plant, its first in Europe
The Hindu Business Line  Aug 31  Comment 
Hitachi Solutions, part of the Japanese business conglomerate Hitachi, is going to hire engineers for its Chennai and Hyderabad facilities in the next 18 months. “We have 300 empl...
Forbes  Aug 13  Comment 
Hitachi Data Systems (HDS), once known as a storage leader, is now making big strides into smart cities, Internet of Things, and analytics. Branded as social innovation solutions, HDS is integrating Big Data analytics and IoT with its domain...
newratings.com  Jul 28  Comment 
TOKYO (dpa-AFX) - Hitachi Ltd. (HTHIF.PK, HTHIY.PK) Wednesday said its first-quarter net income climbed to 95 billion yen from 70.4 billion yen in the prior year. Attributable net income totaled 54.9 billion yen or 11.36 yen per share, compared...
The Hindu Business Line  Jul 27  Comment 
Sandeep Singh will take over as the new Managing Director of Tata Hitachi Construction Machinery Company from August 1. He will succeed Ranaveer Sinha. Previous to joining Tata Hitachi Co...
The Economic Times  Jul 24  Comment 
Hitachi Home and Life Solutions (India) Ltd today reported 8.13 per cent increase in its standalone net profit to Rs 46.52 crore.


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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