Hitachi, Ltd.

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Hitachi, Ltd.
Type of co.	Public (TYO: 6501 NYSE: HIT)
Founded	1910
Headquarters	Marunouchi Itchome, Chiyoda, Tokyo, Japan
Key people	Kazuo Furukawa, President
Industry	Computer hardware, software
Products	software & services, computing & communications platforms, electronic devices
Revenue	¥4,766 billion yen (2004)
Employees	~151,000 (2005)
Slogan	Inspire the Next
Website	www.hitachi.com

Hitachi, Ltd. (株式会社日立製作所, Kabushiki-gaisha Hitachi Seisakusho^?) (TYO: 6501 , NYSE: HIT) is a Japanese global company headquartered in Marunouchi Itchome, Chiyoda, Tokyo, Japan. The company forms Hitachi Group.

Contents 1 History 1.1 Hitachi Works 2 Products 3 Investor relations 3.1 Shareholders 4 Research 5 See also 6 External links

[edit] History

Hitachi was founded in 1910 as an electrical repair shop. Today it is one of the leading retailers in new technology

[edit] Hitachi Works

Hitachi Works is the oldest member of the Hitachi Group and consists of three factories: Kaigan, Yamatte, and Rinkai Works. Yamatte Works, the oldest of the three factories, was founded in 1910 by Namihei Odaira as an electrical equipment repair and manufacturing facility. This facility was named Hitachi, and is regarded as the ancestral home of Hitachi, Ltd.

Many management trainees intern at Hitachi Works before being permanently assigned to other Hitachi divisions. Senior management personnel are often participate in rotations at Hitachi Works for a few years as their career develops towards eventual head office stature. As a result, many of the senior managers of Hitachi Ltd. have passed through Hitachi Works.

Spin-off entities from Hitachi Works include Hitachi Cable (1956) and Hitachi Canadian Industries (1988).

[edit] Products

• Air conditioners
• Batteries
• Camcorders
• Computers → Flora Prius
• Computer displays
• Digital Storage
• Mainframe computer
• Heavy equipment (Euclid-Hitachi Heavy Equipment Inc.)
• Automotive Products (Hitachi Automotive Products, Inc.)
• High definition televisions (HDTV)
• Mobile phones
• Digital audio players
• Televisions
• Hard Disks and Hard Disk Recorders
• Elevators/Escalators
• Appliances (under a subsidiary, Hitachi Hometec, manufacturer of mainly micom rice cookers and vacuum pots)
• Power tools
• Railroad vehicles
• Financing/Credit (Hitachi Capital America)
• Business Consulting Services (Hitachi Consulting)

As well as consumer products, Hitachi provides products for other manufactures such as integrated circuits and other semiconductors.

[edit] Investor relations

The stock is traded on the following exchanges:

Luxembourg, Frankfurt, Amsterdam, Paris, New York (HIT), Tokyo (6501), Osaka, Nagoya, Fukuoka and Sapporo stock exchanges

[edit] Shareholders

(Data as of February 2006)

• NATS CUMCO 8.55%
• The Master Trust Bank of Japan, Ltd. 5.50%
• Japan Trustee Services Bank, Ltd. 5.06%
• State Street Bank and Trust Company 4.72%
• The Chase Manhattan Bank, N.A. London 3.84%
• Nippon Life Insurance Company 2.91%
• Hitachi Employees Shareholding Association 2.78%
• The Dai-ichi Mutual Life Insurance Company 2.24%
• Trust & Custody Services Bank, Ltd. 1.93%
• Meiji Yasuda Life Insurance Company 1.46%

[edit] Research

The Hitachi Research Laboratory is involved in research in several fields. Currently they are working on:

• Fuel cells through the use of nanotechnology
• Hybrid battery cars
• High strength nano-glass substrates
• Nano-grain encapsulation and self-assembly
• High-performance power supplies

[edit] See also

• Tsutenkaku (a tower in Osaka advertising Hitachi, Ltd.)
• Samanea saman also called "monkey pod" (a tree in Oahu, Hawaii shown on TV commercial in Japan)

[edit] External links

• Company website (Global)
• Company website (Japan)
• Company's R&D website
• North America Portal
• European Portal
• Yahoo! - Hitachi, Ltd. Company Profile
• Silicon Valley InfoZone - Hitachi
• Hitachi Consulting (Global)
• Mainframes (AP8000/MP-series), english site