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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. 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 is ranked number 371.
HistoryHitachi was founded in 1910 as an electrical repair shop. Today, it is one of the leading manufacturers in new technology. Hitachi WorksHitachi 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). 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. 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 divides its operations into seven industry segments. 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
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 developmentResearch is conducted in six corporate laboratories and in overseas R&D organizations. Corporate laboratoriesCentral Research Laboratory
Advanced Research Laboratory
Hitachi Research Laboratory
Systems Development Laboratory
Mechanical Engineering Research Laboratory
Production Engineering Research Laboratory
Overseas facilitiesHitachi Europe Ltd.
Hitachi America, Ltd.
Hitachi (China) Research & Development Corporation
Hitachi Asia Ltd.
Trivia
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See also
External linksWikimedia Commons has media related to:
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