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Hitachi, Ltd
Type Public (TYO: 6501 NYSE: HIT)
Founded 1910
Headquarters Marunouchi-1, Chiyoda, Tokyo,
Flag of Japan Japan
Key people Namihei Odaira, Founder
Kazuo Furukawa, President
Industry Industrial conglomerates
Products industrial machinery, power plants, information systems, electronics, materials, financial services
Revenue ▲ ¥10,248 billion ($94. The, or TSE, located in Tokyo, Japan, is the second largest Stock exchange market in the world by market value second only to the New York Stock The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. Year 1910 ( MCMX) was a Common year starting on Saturday (link will display calendar of the Gregorian calendar (or a Common year starting Marunouchi (丸の内 is a commercial district of Tokyo located in Chiyoda between Tokyo Station and the Imperial Palace. is one of the 23 special wards in central Tokyo, Japan. In English it calls itself Chiyoda City For a topic outline on this subject see List of basic Japan topics. Namihei Odaira (小平浪平 1874 – 1951 was a Japanese Entrepreneur and Philanthropist who founded what is now known as Hitachi Ltd. For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been 998 billion USD (2007)
Employees 384,444 (2007 consolidated)
Website www.hitachi.com

Hitachi, Ltd (株式会社日立製作所 Kabushiki-kaisha Hitachi Seisakusho?) (TYO: 6501, NYSE: HIT) is a multinational corporation specializing in high-technology and services headquartered in Marunouchi Itchome, Chiyoda, Tokyo, Japan. Employment is a Contract between two parties, one being the employer and the other being the employee. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages The, or TSE, located in Tokyo, Japan, is the second largest Stock exchange market in the world by market value second only to the New York Stock The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. Multinational corporation ( MNC) or transnational corporation ( TNC) is a Corporation or enterprise that manages Production or delivers is one of the 23 special wards in central Tokyo, Japan. In English it calls itself Chiyoda City officially, is one of the 47 prefectures of Japan and located on the eastern side of the main island Honshū. For a topic outline on this subject see List of basic Japan topics. The company is the parent of the Hitachi Group (Hitachi Gurūpu) as part of the larger DKB Group companies. Hitachi Data Systems is a wholly owned subsidiary of Hitachi Ltd The or the Dai-Ichi Kangyo Group is the largest Japanese Keiretsu.

On the 2007 Forbes Global 2000 list, Hitachi is ranked number 371. The Forbes Global 2000 is an annual ranking of the top 2000 Public companies in the world by Forbes magazine

Contents

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, Yamatte, and Rinkai Works. Hitachi Data Systems is a wholly owned subsidiary of Hitachi Ltd Yamatte Works, the oldest of the three factories, was founded in 1910 by Namihei Odaira as an electrical equipment repair and manufacturing facility. Namihei Odaira (小平浪平 1874 – 1951 was a Japanese Entrepreneur and Philanthropist who founded what is now known as Hitachi Ltd. 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. Job rotation is an approach to Management development where an individual is moved through a Schedule of Assignments designed to give him or her a breadth 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). A spin-off (or spinoff) is a new Organization or Entity formed by a split from a larger one such as a Television series based on a pre-existing ( was established in 1956 as a manufacturer of electric wire and cable for power distribution Hitachi Canadian Industries Ltd (HCI is a wholly owned independent subsidiary of Hitachi Ltd

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. Asia Pacific Entrepreneurship Awards are a series of recognition awards given by a Kuala Lumpur-based regional NGO Enterprise Asia. Enterprise Asia is a Non-governmental organization founded in 2007 by a group of Entrepreneurs headquartered in Kuala Lumpur, Malaysia with

Main products and services

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

Hitachi divides its operations into seven industry segments. Expo 2005 was the World's Fair held in Aichi Prefecture, Japan, east of the city of Nagoya. is a town located in Aichi District, Aichi, Japan. As of 2003, the town has an estimated Population of 44985 and a density 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%)

Logistics, Services & Others (10%)

Financial Services (4%)

Investor relations

The former Hitachi office building is in Chiyoda, Tokyo
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. System integration is the bringing together of the component Subsystems into one system and ensuring that the subsystems function together as a system Outsourcing is Subcontracting a process such as product design or Manufacturing, to a Third-party company A hard disk drive ( HDD) commonly referred to as a hard drive, hard disk, or fixed disk drive, is a Non-volatile storage device A disk array is a Disk storage system which contains multiple Disk drives It is differentiated from a Disk enclosure, in that an array has Cache A server is a Computer dedicated to providing one or more services over a computer network typically through a request-response routine Mainframes (often colloquially referred to as Big Iron) are Computers used mainly by large organizations for critical applications typically bulk data A personal computer ( PC) is any Computer whose original sales price size and capabilities make it useful for individuals and which is intended to be operated Semiconductor device fabrication is the process used to create chips the Integrated circuits that are present in everyday Electrical and electronic A power tool is a Tool powered by an Electric motor, a compressed air motor or a gasoline engine Semiconductor devices are Electronic components that exploit the electronic properties of Semiconductor materials principally Silicon, Germanium Engineering vehicles, known by the other terms construction Equipment, earth movers heavy equipment or just plain equipment are machines specifically designed to execute An elevator or lift is a Transport device used to move people or goods vertically from one floor to another An escalator is a Conveyor transport device for transporting people consisting of individual linked steps that move up or down on tracks which keep the treads "Railroad" and "Railway" both redirect here For other uses see Railroad (disambiguation. In Computing, an optical disc drive ( ODD) is a Disk drive that uses Laser light or electromagnetic waves near the Light spectrum A plasma display panel (PDP is a type of Flat panel display now commonly used for large TV displays (typically above 37-inch or 940 mm Television ( TV) is a widely used Telecommunication medium for sending ( Broadcasting) and receiving moving Images, either monochromatic An LCD projector is a type of Video projector for displaying video images or computer data on a screen or other flat surface An air conditioner is an Appliance, System, or mechanism designed to extract Heat from an area via a Refrigeration cycle A refrigerator (often called a " fridge " for short is a cooling appliance comprising a thermally insulated compartment and a Heat pump - A digital audio player, more commonly referred to as an MP3 player, is a Consumer electronics device that stores organizes and plays audio files Some A washing machine, or washer, is a machine designed to clean Laundry, such as Clothing, Towels and sheets The term is mostly applied The Hitachi Magic Wand is an electric massager (otherwise known as a vibrator) intended for massaging muscles as well as Erogenous zones It first appeared in the In electronics a battery is a combination of two or more Electrochemical cells which store chemical Energy which can be converted into electrical energy An air conditioner is an Appliance, System, or mechanism designed to extract Heat from an area via a Refrigeration cycle Leasing is a process by which a firm can obtain the use of a certain fixed assets for which it must pay a series of contractual periodic tax deductable payments Insurance, in Law and Economics, is a form of Risk management primarily used to hedge against the Risk of a contingent loss is one of the 23 special wards in central Tokyo, Japan. In English it calls itself Chiyoda City The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. An American Depositary Receipt (or ADR represents the ownership in the shares of a foreign company trading on US financial markets The, or TSE, located in Tokyo, Japan, is the second largest Stock exchange market in the world by market value second only to the New York Stock

Corporate laboratories

Central Research Laboratory

Advanced Research Laboratory

Hitachi Research Laboratory

Systems Development Laboratory

Mechanical Engineering Research Laboratory

Production Engineering Research Laboratory

Overseas facilities

Hitachi Europe Ltd. A fuel cell is an electrochemical conversion device It produces electricity from Fuel (on the Anode side and an oxidant (on the A hybrid vehicle is a vehicle that uses two or more distinct power sources to propel the vehicle Self-assembly is a term used to describe processes in which a disordered system of pre-existing components forms an organized structure or pattern as a consequence of specific local

Hitachi America, Ltd.

Hitachi (China) Research & Development Corporation

Hitachi Asia Ltd.

Trivia

References

See also

External links

The Hitachi Foundation is an independent nonprofit philanthropic organization founded in 1985 with an endowment from Hitachi Ltd. The Euclid Company of Ohio was a company specialized in Heavy equipment for earthmoving, namely Dump trucks and Wheel tractor-scrapers that operated Hitachi Construction Machinery (Europe NV is a subsidiary of Hitachi Construction Machinery Group lit "Tower Reaching Heaven" owned by Tsūtenkaku Kanko Co Hitachi Data Systems is a wholly owned subsidiary of Hitachi Ltd Hitachi-LG Data Storage (abbreviated HL-DS is a Joint venture between Hitachi and LG. Hitachi Consulting is an international management and technology consulting firm with headquarters in Dallas, Texas.
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