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Hitachi Ltd.
株式会社日立製作所
Type	Public (TYO: 6501 NYSE: HIT)
Founded	1910
Headquarters	Marunouchi-1, Chiyoda, Tokyo, Japan
Key people	Namihei Odaira, Founder; Takashi Kawamura, President
Industry	Industrial conglomerates
Products	industrial machinery, power plants, information systems, electronics, materials, financial services
Revenue	▼ ¥ 10.00 trillion (US$99.544 billion (Fiscal year ended March 31, 2009)
Profit	▼ -787, 337 million Yen (Fiscal Year Ended March 31, 2009) (US$7.837 billion 2009)
Total assets	▼ $95.207 billion (2009)
Employees	400,129 (2009)
Website	hitachi.com

"Hitachi" redirects here. For other uses, see Hitachi (disambiguation).

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.

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

[edit] History

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

[edit] 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]

[edit] 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%)

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%)

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

[edit] 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

[edit] Research and development

Research is conducted in six corporate laboratories and in overseas R&D organizations.

[edit] 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

[edit] 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]

[edit] Sponsorship

Hitachi were the first sponsors of the English football team Liverpool, sponsoring them from 1979 until 1982. At the time 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.^{[citation needed]} In 2008, Hitachi Power Tools sponsored the #28 Yates Racing Ford of Travis Kvapil for six races in the NASCAR Sprint Cup Series.

[edit] 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.^[5]

[edit] 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

[edit] References

[edit] External links

Wikimedia Commons has media related to: Hitachi

Companies portal

[0] ttp://www.hitachi.com/IR-e/library/annual/2009/ar2009e.pdf Annual Report 2009

[1] ttp://www.engadget.com/2009/02/24/hitachi-acquires-fabrik-looks-to-expand-market-presence/

[2] ttp://www.hitachi.com/IR-e/business/segment/index.html

[3] ttp://www.cleantechnology-business-review.com/news/hitachi_gst_introduces_new_powerefficient_enterprise_hard_drive_ultrastar_c10k300_090324

[4] ttp://www.tv.com/the-simpsons/little-big-girl/episode/914681/summary.html?tag=ep_list;title;11

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