Hitachi, Ltd.
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Hitachi, Ltd. | |
Type | Public (TYO: 6501 NYSE: HIT) |
---|---|
Founded | 1910 |
Headquarters | Marunouchi-1, 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 |
[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 participants 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 disk drives (HDDs) and HDD 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)
In addition to consumer products, Hitachi provides products for other manufactures such as integrated circuits and other semiconductors.
[edit] Investor relations
Hitachi 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] Trivia
- Hitachi no ki (ja:日立の樹? lit. "Hitachi tree") is a famous monkey pod tree at Moanalua Gardens, Oahu, Hawaii, shown on Hitachi's TV commercials in Japan.[1]
[edit] See also
- Tsutenkaku (a tower in Osaka advertising Hitachi, Ltd.)
- The Hitachi Foundation, Hitachi's nonprofit philanthropic foundation
- Euclid Trucks – wholly-owned subsidiary of Hitachi Construction Machinery (Europe)
[edit] External links
- Company website (Global)
- Company website (Japan)
- Company's R&D website
- North America Portal
- European Portal
- Yahoo! - Hitachi, Ltd. Company Profile
- Hitachi Consulting (Global)
- The Hitachi Foundation website
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Categories: Companies listed on the Tokyo Stock Exchange | Companies listed on the New York Stock Exchange | Companies headquartered in Tokyo | Companies established in 1910 | Aircraft engine manufacturers of Japan | Electronics companies of Japan | Construction equipment manufacturers | Consumer electronics | Rail vehicles manufacturers | Electronics companies