Hitachi
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| Type | Public TYO: 6501 NYSE: HIT |
|---|---|
| Industry | Conglomerate |
| Founded | 1910 |
| Founder(s) | Namihei Odaira |
| Headquarters | Marunouchi-1, Chiyoda, Tokyo, Japan |
| Area served | Worldwide |
| Key people | Namihei Odaira, Founder Takashi Kawamura, President |
| Products | Industrial machinery Power plants Information systems Electronics Materials Financial services |
| Revenue |  ¥ 10.00 trillion (2009) / US$ 99.544 billion (2009) |
| Profit | -787, 337 million Yen (2009) / US$ 7.837 billion (2009) |
| Total assets | US$ 95.207 billion (2009) |
| Employees | 400,129 (2009)[1] |
| Website | Hitachi.com |
Hitachi Ltd. (株式会社日立製作所 Kabushiki-gaisha Hitachi Seisakusho) (TYO: 6501, NYSE: HIT) is a Japanese multinational corporation specializing in high-technology and services headquartered in Marunouchi Itchome, Chiyoda, Tokyo, Japan. The company is the parent of the Hitachi Group (Hitachi Gurūpu) as part of the larger DKB Group companies. Hitachi is the third largest technological company by revenue as of 2009.
On the 2007 Forbes Global 2000 list, Hitachi was ranked number 371.
"Hitachi" in Japanese is 日立, literally "sun rises" or "sunrise".
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History
Hitachi was founded in 1910 as an electrical repair shop. Today, it is one of the leading manufacturers in new technology.
Hitachi Works
Hitachi Works is the oldest member of the Hitachi Group and consists of three factories: Kaigan, Yamate, and Rinkai Works. Yamate 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).
In 2007, Hitachi won the Investment in People Award, Asia Pacific Entrepreneurship Awards from Enterprise Asia, a regional NGO based in Kuala Lumpur, Malaysia for their continued efforts in building human talents.
On February 24, 2009, They acquired Fabrik Inc..[2]
Main products and services
Hitachi divides its operations into seven industry segments.[3] These segments are listed below with the main products and services offered by each. The figure in parentheses shown with each segment is the percentage of total revenue (for the fiscal year ended March 2007) derived from that segment.
Information and Telecommunication Systems (21%)
- System integration
- Outsourcing services
- Software
- Hard disk drives
- Disk array subsystems
- Servers
- Mainframe computers
- Personal computers
- LCD projectors
- Telecommunications equipment
- ATMs
Electronic Devices (11%)
- LCDs
- Semiconductor manufacturing equipment
- Power tools
- Test and measurement equipment
- Medical electronics equipment
- Semiconductor devices
Power & Industrial Systems (26%)
- Nuclear, thermal and hydroelectric power plants
- Industrial machinery and plants
- Automotive products
- Construction machinery
- Elevators
- Escalators
- Railway vehicles (see Hitachi Rail)
Digital Media & Consumer Products (13%)
- Optical disk drives
- Plasma and LCD Televisions
- LCD projectors
- DVD players
- Mobile phones
- Room air conditioners
- Refrigerators
- MP3 players
- Washing machines
- Bread machines
- Vibrators
- Information storage media
- Batteries
- Air conditioning equipment
High Functional Materials & Components (15%)
- Wires and cables
- Copper products
- Semiconductor materials
- Circuit boards and materials
- Organic and inorganic chemical products
- Synthetic resin products
- Display-related materials
- Specialty steels
- Magnetic materials and components
- High grade casting components and materials
Logistics, Services & Others (10%)
- General trading
- Logistics
- Property management
Financial Services (4%)
- Leasing
- Loan Guarantees
- Insurance Services
- Invoice Factoring
- Invoice Finance
- Interactive Whiteboards
Investor relations
Hitachi stock is traded on the following exchanges:
New York (HIT - American Depositary Receipt), Tokyo (6501), Osaka, Nagoya, Fukuoka and Sapporo stock exchanges
Research and development
Research is conducted in six corporate laboratories and in overseas R&D organizations.
Corporate laboratories
Central Research Laboratory
- Information & Communications
- Solution LSIs
- Advanced Devices
- Life Science
- Storage
- Embedded Systems
Advanced Research Laboratory
- Human & Information
- Medical & Bio
- Environment & Energy
- Materials & Nanotechnology
Hitachi Research Laboratory
- 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
Systems Development Laboratory
- Information Systems
- Security
- Ubiquitous Storage
- Service Solutions
Mechanical Engineering Research Laboratory
- Mechatronics Application Systems
Production Engineering Research Laboratory
- Management Systems
- Production Engineering
Overseas facilities
Hitachi Europe Ltd.
- Hitachi Cambridge Laboratory - Spintronics, Quantum Communications, Organic Electronics
- Hitachi Dublin Laboratory - Numerical Analysis
- Hitachi Software Engineering Ltd - Interactive Whiteboards + Software
- Hitachi Sophia Antipolis Laboratory - Next generation networks, Security, Mobile Communications
- Automotive Research and Development Laboratory - Automotive Systems
Hitachi America, Ltd.
- Automotive Products Research Laboratory - Engine Control Systems, Car Navigation Systems, Production Process Technologies
- Wireless Systems Research Laboratory - Advanced Broadband Wireless Systems
- SAN Solutions Laboratory - Next-generation Storage Solutions, Life-cycle Data Management Architecture
Hitachi (China) Research & Development Corporation
- IP Network System Laboratory - Next-generation Mobile IP Network Systems & Applications
- Open System Software Laboratory - Open Source Software Development Tools, Engineering for Offshore Development
- Ubiquitous Platform Development Laboratory (Beijing branch) - Digital Appliances, Image & Storage Media
- Ubiquitous Platform Development Laboratory - Digital Television Systems
- Innovative Systems & Materials Laboratory - Automotive Components & Materials, Innovative Software, Future TV System Technology
- Digital Appliances Development Center - Digital Television Software Development, Market & Technology Survey
- Development Center for Home Appliances - Air-conditioning System Design
Hitachi Asia Ltd.
- Hitachi Storage Mechanics Laboratory - Hard Disk Drives
- Hitachi introduces new Power Efficient Enterprise Hard Drive.
Sponsorship
During the late 1970s Hitachi sponsored two Mazda RX3 Rotary engined saloon cars in the highly successful Radio One Production Saloon Car Championships with drivers Cozy Powell, a top rock drummer and Dave Lee Travis, then a Radio One DJ. The promotion of this Championship on radio brought massive crowds to circuits throughout the UK. Hitachi were also the first sponsors of the English football team Liverpool, sponsoring them from 1979 until 1982. Initially the sponsors name was not permitted on the shirt for matches televised live, however as this was the first ever sponsorship of this kind in the UK, worldwide headlines followed. (Information confirmed by Richard Carpenter - Sponsorship Manager at the time - January 2010) In 2008, Hitachi Power Tools sponsored the #28 Yates Racing Ford of Travis Kvapil for six races in the NASCAR Sprint Cup Series.
References in media
- 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. (http://www.hitachinoki.net/)
- In cartoon sitcom The Simpsons, Lisa had to do a presentation on one of her ancestors. She invented a family including a fake Native American tribe to impress everyone for the diversity project at school. She named the Native American tribe "Hitachee Tribe", getting the name from the microwave in the kitchen of her home.[4]
See also
- The Hitachi Foundation, Hitachi's nonprofit philanthropic foundation
- Euclid Trucks, wholly-owned subsidiary of Hitachi Construction Machinery (Europe)
- Tsutenkaku, a tower in Osaka advertising Hitachi
- Hitachi Data Systems (HDS)
- Hitachi-LG Data Storage, joint venture between Hitachi and LG
- Hitachi Consulting
- Kashiwa Reysol, Hitachi's former company football (soccer) team, still sponsored by them
References
External links
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