Mixing
Hitachi
 | |
 Hitachi Headquarters in Chiyoda, Tokyo | |
Type | Public (K.K) |
|---|---|
| Traded as | TYO: 6501 TOPIX Core 30 Component |
| Industry | Conglomerate |
| Founded | 1910 (1910) Hitachi, Ibaraki, Japan |
| Founder | Namihei Odaira |
| Headquarters | Chiyoda, Tokyo , Japan |
Area served | Worldwide |
Key people | Hiroaki Nakanishi (Chairman) Toshiaki Higashihara (President and CEO) |
| Products |
|
| Services |
|
| Revenue |  ¥9.162 trillion (2017)[1] |
Operating income |  ¥541.4 billion (2017)[1] |
Net income | ¥231.2 billion (2017)[1] |
| Total assets | ¥9.663 trillion (2017)[1] |
| Total equity | ¥2.967 trillion (2017)[1] |
Number of employees | 303,887 (2017)[2] |
| Website | www.hitachi.com |
Hitachi, Ltd. (株式会社日立製作所, Kabushiki-gaisha Hitachi Seisakujō) (Japanese pronunciation: [çiꜜtatɕi]) is a Japanese multinational conglomerate company headquartered in Chiyoda, Tokyo, Japan. It is the parent company of the Hitachi Group (Hitachi Gurūpu) and forms part of the DKB Group of companies. Hitachi is a highly diversified company that operates eleven business segments: Information & Telecommunication Systems, Social Infrastructure, High Functional Materials & Components, Financial Services, Power Systems, Electronic Systems & Equipment, Automotive Systems, Railway & Urban Systems, Digital Media & Consumer Products, Construction Machinery and Other Components & Systems.[3]
Hitachi is listed on the Tokyo Stock Exchange and is a constituent of the Nikkei 225 and TOPIX indices. It is ranked 38th in the 2012 Fortune Global 500 and 129th in the 2012 Forbes Global 2000.[4]
Contents
1 History
2 Products and services
2.1 Aircraft
2.1.1 Aircraft engines
2.2 Automotive systems
2.3 Components and devices
2.4 Construction machinery
2.5 Defense systems
2.6 Digital media and consumer products
2.7 Electronic systems and equipment
2.8 Financial services
2.9 Advanced materials
2.10 Information and telecommunication systems
2.11 Power systems
2.12 Social infrastructure and industrial systems
2.13 Other
3 Subsidiaries and divisions
3.1 Current
3.1.1 Hitachi Communication Technologies America
3.1.2 Hitachi Consulting
3.1.3 Hitachi Vantara
3.1.4 Hitachi Electronics
3.1.5 Hitachi Defense Systems
3.1.6 Hitachi Metal
3.1.7 Hitachi Koki
3.1.8 Hitachi Plant Technologies
3.1.9 Hitachi Rail
3.1.10 Hitachi Solutions America
3.1.11 Hitachi Works
3.1.12 R & D Group
3.2 Former divisions
3.2.1 Hitachi Global Storage Technologies
3.2.2 Hitachi Printing Systems
3.2.3 TELK (Transformers and Electricals Kerala Ltd.)
4 Corporate social responsibility
5 See also
6 References
7 External links
History
Former Hitachi logo (1968–1992)
Hitachi was founded in 1910 by electrical engineer Namihei Odaira in Ibaraki Prefecture.[5][6][7] The company's first product was Japan's first 4-kilowatt (5 hp) induction motor, initially developed for use in copper mining.[8][citation needed]
The company began as an in-house venture of Fusanosuke Kuhara's mining company in Hitachi, Ibaraki. Odaira moved headquarters to Tokyo in 1918.[9] Odaira coined the company’s toponymic name by superimposing two kanji characters: hi meaning “sun” and tachi meaning “rise.”[citation needed]
World War II had a significant impact on the company with many of its factories being destroyed by Allied bombing raids, and and discord after the war. Founder Odaira was removed from the company.[citation needed] Hitachi's reconstruction efforts after the war were hindered by a labor strike in 1950. The company saw an increase in business during the Korean War due to defense contracts offered by the American military.[citation needed] Meanwhile, Hitachi went public in 1949.[1]
Hitachi America, Ltd. was established in 1959.[10] Hitachi Europe, Ltd. was established in 1982.[11]
Former Hitachi logo (1992-2001)
In March 2011, Hitachi agreed to sell its hard disk drive subsidiary, HGST, to Western Digital (WD) for a combination of cash and shares worth US$4.3 billion.[12] Due to concerns of a duopoly of WD and Seagate Technology by the EU Commission and the Federal Trade Commission, Hitachi's 3.5" HDD division was sold to Toshiba. The transaction was completed in March 2012.[13]
In January 2012, Hitachi announced it would stop producing televisions in Japan.[14] In September 2012, Hitachi announced that it had invented a long-term data solution out of quartz glass that was capable of preserving information for millions of years.[15]
In October 2012, Hitachi agreed to acquire the United Kingdom-based nuclear energy company Horizon Nuclear Power, which plans to construct up to six nuclear power plants in the UK, from E.ON and RWE for £700 million.[16][17]
In November 2012, Hitachi and Mitsubishi Heavy Industries agreed to merge their thermal power generation businesses into a joint venture to be owned 65% by Mitsubishi Heavy Industries and 35% by Hitachi.[18][19] The joint venture began operations in February 2014.[20]
In October 2015, Hitachi completed a deal with Johnson Controls to form a joint-venture that would takeover Hitachi's HVAC business. Hitachi maintained a 40% stake of the resulting company, the Johnson Controls-Hitachi Air Conditioning.[21]
In May 2016, Hitachi announced it was investing $2.8 billion into its IoT interests.[22] In February 2017, Hitachi and Honda announced a partnership to develop, produce and sell motors for electric vehicles.[23]
On March 14, 2018, Zoomdata announced its partnership with Hitachi INS Software to help develop big data analytics market in Japan.[24] In December 2018, Hitachi Ltd. announced it would take over ABB Ltd.'s power grid division for $6.4 billion.[25]
Products and services
Aircraft
(Pre-war)
- Hitachi T.2
- Hitachi TR.2
Aircraft engines
- Hitachi Hatsukaze
Automotive systems
Hitachi Automotive Systems Americas Offices, Farmington Hills, Michigan
- Car Information Systems
- Drive Control
- Electric Powertrain Systems
- Engine Management Systems
Components and devices
- Batteries
- Hard disk drives (Separated division for this product line as Hitachi Global Storage Technologies, then HGST was purchased by Western Digital)
- Information Storage Media
- LCDs
Construction machinery
A Hitachi hydraulic excavator in use
- Hydraulic Excavators
- Forestry Equipment
- Mechanical & Hydraulic Cranes
- Mining Dump Trucks
- Crawler Dump trucks
- Wheel Loaders
Defense systems
- Military vehicles
- Vetronics
- Crisis management
C4I systems- Satellite image processing systems
- Social Infrastructure security business (in coordination with Hitachi's Infrastructure Systems Group)[26]
- Electric propulsion technology
Electro-mechanical systems (including some robotics research & development)- Advanced Combat Infantry Equipment System [ACIES] (JSDF) – Primary contractor
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JGSDF Type 87 Artillery Support Vehicle
JGSDF Type 92 Mine Clearance Vehicle
JGSDF Type 96 120 mm self-propelled mortar
JGSDF Type 99 Artillery Support Vehicle
Digital media and consumer products
2008 Hitachi air conditioning outdoor unit
The Magic Wand vibrating massager
- Air conditioning equipment
Hitachi Magic Wand[27][28]
- LCD projectors
- Professional DLP Projectors
Optical disc drives (Joint venture with optical disc drive division of LG as Hitachi-LG Data Storage)
Plasma and LCD Televisions
- Refrigerators
- Room air conditioners
- Washing machines
Note: A new product from Hitachi called Memory glass was to be introduced in 2015. It is a high density information storage medium utilizing laser etched/readable Fused quartz.[29]
Electronic systems and equipment
- LCDs
Medical electronics equipment- Power tools
- Semiconductor manufacturing equipment
- 2.5" Hard-drives
- Test and measurement equipment
Financial services
- Leasing
- Loan guarantees
- Invoice finance (via the Hitachi Capital arm of the business)
- Consumer finance (personal and retail)
- Business finance
Advanced materials
- Circuit boards and materials
- Copper products
- High grade casting components and materials
- Magnetic materials and components
- Semiconductor and display related materials
- Specialty steels
- Wires and cables
Information and telecommunication systems
The Hitachi factory in Toyokawa, Japan
- ATMs
Disk array subsystems- Mainframe computers
- Outsourcing services
- Servers
- Software
- Telecommunications equipment
Power systems
Nuclear, thermal and hydroelectric power plants
- Wind Power Generation Systems
Following the Fukushima Daiichi nuclear disaster in 2011 and the extended temporary closure of most Japanese nuclear plants, Hitachi's nuclear business became unprofitable and in 2016 Hitachi CEO Toshiaki Higashihara argued Japan should consider a merger of the various competing nuclear businesses.[30] Hitachi is taking for 2016 an estimated ¥65 billion write-off in value of a SILEX technology laser uranium enrichment joint venture with General Electric.[31][32] In 2019 Hitachi suspended the ABWR development by its British subsidiary Horizon Nuclear Power as it did not provide an adequate "economic rationality as a private enterprise" to proceed.[33]
Social infrastructure and industrial systems
Hitachi's G1TOWER, currently the world's tallest elevator research tower,[34] located at Hitachinaka, Ibaraki
- Elevators
- Escalators
- Industrial machinery and plants
- Railway vehicles and systems
- Hitachi A-train
Other
- Logistics: Hitachi Transport System Ltd, one of Japan's five large global logistics services providers.
- Property management
Subsidiaries and divisions
Current
Hitachi Communication Technologies America
Hitachi Communication Technologies America provides communications products and services for the telecommunications, cable TV, utility, enterprise, industrial and other markets.[35]
Hitachi Consulting
Hitachi Consulting is an international management and technology consulting firm with headquarters in Dallas, Texas. It was founded in 2000 and currently employs approximately 6,500 people across the United States, Japan, the United Kingdom, the Netherlands, India, Spain, Portugal, Germany, China, Brazil and Vietnam.
Hitachi Vantara
Hitachi Vantara is a wholly owned subsidiary of Hitachi which provides hardware, software and services to help companies manage their digital data. Its flagship products are the Virtual Storage Platform (for enterprise storage), Hitachi Unified Storage VM for large sized companies, Hitachi Unified Storage for small and mid-sized companies, Hitachi Content Platform (archiving and cloud architecture), Hitachi Command Suite (for storage management), Hitachi TrueCopy and Hitachi Universal Replicator (for remote replication), and the Hitachi NAS Platform.
Since September 19, 2017, Hitachi Data Systems (HDS) has become part of Hitachi Vantara, a new company that unifies the operations of Pentaho, Hitachi Data Systems and Hitachi Insight Group. The company name "Hitachi Data Systems" (HDS) and its logo is no longer used in the market.
Hitachi Electronics
Hitachi manufactures many types of electronic products including TVs, Camcorders, Projectors and Recording Media under its own brand name.
Hitachi Defense Systems
Hitachi provides various defense related/derived products & services.
Hitachi Metal
Among other things, Hitachi Metals supplies materials for aircraft engines and fuselage components (e.g. landing gear), along with finished components for same and other aerospace applications. It also provides materials, components and tools for the automotive and electronics industries.
Hitachi Koki
Hitachi Koki manufactures many types of tools including chainsaws, drills, woodworking power tools. Some are branded Koki Tanaka. On March 1, 2016, Hitachi Koki acquired German power tools manufacturer Metabo from Chequers Capital.
Hitachi Plant Technologies
Hitachi Plant Technologies, Ltd., along with its subsidiaries, engages in the design, development, manufacture, sale, servicing, and execution of social and industrial infrastructure machinery, mechatronics, air-conditioning systems, industrial plants, and energy plant equipment in Asia and internationally.
Hitachi Rail
A British Rail Class 395 train produced by Hitachi
Hitachi Rail is the rolling stock manufacturing division of Hitachi. It and Mitsubishi Heavy Industries agreed to cooperate in the field of international intra-city railway systems in 2010.[36]
Hitachi markets a general-purpose train known as the "A-train", which uses double-skin, friction-stir-welded aluminium body construction. The A-train concept can be customised to form different types of trains, ranging from high-capacity commuter and metro trains (as in the automated 3000 series train for the Nanakuma Line of the Fukuoka City Subway) to limited express (as in the E257 series jointly produced with Tokyu Corporation) and high-speed trains (as in the Class 395 trains for Southeastern in the UK).[37] They have made such trains for domestic and international operators alike. Among its most significant orders was the winning tender for the UK Department for Transport's Intercity Express Programme in June 2008.[38]
Hitachi's many products include the designing and manufacturing of many Shinkansen models, including the N700 Series Shinkansen,[37] which has been exported as the THSR 700T for Taiwan High Speed Rail.
The company also markets a driverless metro system developed by Hitachi Rail Italy, pioneered on the Copenhagen Metro, and straddle beam monorail technology, known as the Hitachi Monorail, which form the basis of the trains operating on the world's longest monorail system, currently part of the Chongqing Rail Transit network.
On February 24, 2015, Hitachi agreed to purchase the Italian rolling stock manufacturer AnsaldoBreda and acquire Finmeccanica's stake in Ansaldo STS, the railway signaling division of Finmeccanica[39] The purchase was completed later that year,[40] at which point the company was renamed as Hitachi Rail Italy. Since then, Hitachi has obtained a majority stake in Ansaldo STS.[41]
Hitachi Solutions America
Hitachi Solutions America is a consulting firm and systems integrator focusing primarily on Microsoft Dynamics. The firm utilizes AX and CRM from the Dynamics family to provide customers with a broad base of solutions. The company is international, with subsidiaries residing in the United Kingdom, Canada, Philippines, Thailand, Japan and India. Hitachi Solutions America acquired Ignify – another leading Microsoft Dynamics Solution providers in December 2015.[42] Hitachi Solutions has about 2000 Microsoft Dynamics consultants worldwide after the acquisition of Ignify.
Hitachi Works
Hitachi Works is the oldest member of the Hitachi Group and consists of three factories: Kaigan Works, Yamate Works, 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, after the Hitachi Mine near Hitachi, Ibaraki, 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).
R & D Group
- Technology Strategy Office
- Central Research Laboratory
- Hitachi Research Laboratory – Includes Mechanical Engineering Research Laboratory (Robotics)
- Yokohama Research Laboratory
- Design Division
- Overseas research centers
- In-house/Business division
- Development center
- Development & Design section
- Intellectual Property Group [subgroup][43]
Former divisions
Hitachi Global Storage Technologies
Hitachi Global Storage Technologies (Hitachi GST) manufactures computer hard drives. There are 3 main ranges: Hitachi Travelstar, Hitachi Deskstar, and Hitachi Ultrastar.
On March 7, 2011 Hitachi Global Storage Technologies was purchased by Western Digital Corporation for $3.5 billion in cash and $750 million in Western Digital common stock.[44]
Hitachi Printing Systems
Hitachi Printing Systems was established in 1980 and was acquired by Ricoh in 2004, becoming Ricoh Printing Systems, Ltd.
TELK (Transformers and Electricals Kerala Ltd.)
Hitachi had a joint venture with Kerala public sector company TELK from 1963 to 1989 for the production of electrical equipment. In collaboration with Hitachi, TELK was the first company to manufacture 400kV transformers in India. TELK transformers are well known for their quality and are in great demand for the Indian power system.
Corporate social responsibility
In August 2011, it was announced that Hitachi would donate an electron microscope to each of five universities in Indonesia (the University of North Sumatra in Medan, the Indonesian Christian University in Jakarta, Padjadjaran University in Bandung, General Soedirman University in Purwokerto and Muhammadiyah University in Malang).[45]
See also
- Membership of ATM Industry Association (ATMIA)
- GE Hitachi Nuclear Energy
Hitachi Group(ja:日立グループ)
References
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^ "Western Digital Closes Hitachi GST Acquisition, to Operate Separate Subsidiaries". Network World. 2012-03-09. Retrieved 2014-09-01.
^ Television, Marc Chacksfield 2012-01-23T13:26:00 22Z. "Hitachi to stop making TVs in 2012". TechRadar. Retrieved 2019-01-15.
^ Welch, Chris (2012-09-27). "Hitachi invents quartz glass storage capable of preserving data for millions of years". The Verge. Retrieved 2019-01-15.
^ "Hitachi buys UK nuclear project from E.On and RWE". BBC News. 30 October 2012. Retrieved 30 October 2012.
^ "Hitachi wins bid to build up to six UK nuclear plants". Reuters. 30 October 2012. Retrieved 30 October 2012.
^ "Hitachi and Mitsubishi Heavy shares rise after merger". BBC News. 30 November 2012. Retrieved 2 December 2012.
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^ "Honda, Hitachi Automotive to form EV motor joint venture". Reuters. 2017-02-07. Retrieved 2019-01-15.
^ GlobeNewsWire. "Hitachi INS Software and Zoomdata Partner to Develop Big Data Analytics Market in Japan." March 14, 2018. Retrieved March 16, 2018.
^ "Bloomberg - Are you a robot?". www.bloomberg.com. Retrieved 2019-03-29.
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