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Hitachi Ltd.
株式会社日立製作所
Type Public
TYO: 6501
NYSEHIT
Founded 1910
Founder(s) Namihei Odaira
Headquarters Marunouchi-1, Chiyoda, Tokyo, Japan
Area served Worldwide
Key people Namihei Odaira, Founder
Takashi Kawamura, President
Industry Conglomerate
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, NYSEHIT) 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.

On the 2007 Forbes Global 2000 list, Hitachi was ranked number 371.

Contents

History

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

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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 pavilion at Expo 2005 in Nagakute, Aichi, featuring an artificial waterfall cut through the building and facade
Hitachi excavator
Hitachi logo and slogan.

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%)

Electronic Devices (11%)

Power & Industrial Systems (26%)

Digital Media & Consumer Products (13%)

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%)

Investor relations

The former Hitachi office building is in Chiyoda, Tokyo

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 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.[4]

Sponsorship

During the late 1970's 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

See also

References

External links


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