Sources: Factset, Bloomberg, S&P Cap IQ; Forbes. [40][41][42][43], From 2008 to 2018, Hitachi has reduced the number of its listed group companies and consolidated subdiaries in Japan from 22 to 4 and around 400 to 202, respectively, through restructuring and sell-offs. The Industry segment covers industrial and distribution system, water and environment system, and industrial equipment. The Hitachi Chemical segment covers functional materials (electronic materials, wiring board materials, electronic components), advanced components and systems (mobility materials, power storage devices, life science related products). Hitachi Ltd. engages in the manufacture and sale of electrical equipment. Hitachi maintained a 40% stake of the resulting company, Johnson Controls-Hitachi Air Conditioning. [16], Hitachi America, Ltd. was established in 1959. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation With Forbes Insights, U.K. Government Talks Tough With New Foreign Ownership Rules, But They’ve Already Sold The Crown Jewels, America Steps Forward To Expand Nuclear Power, Powering Progress—How Data Transformation Is Changing The Way We Work, Advice For Young Engineers: Embrace Today’s Green Tech Opportunity, ConsenSys Gets Foot In Japan Market Through Hitachi Partnership For PegaSys Plus, New Hand Gesture Technology Could Wave Goodbye To Passwords, The Amazing Ways Hitachi Uses Artificial Intelligence And Machine Learning. The company’s consolidated revenues for fiscal 2012 (ended March 31, 2013) totaled 9,041 billion yen ($96.1 billion). The percentage of the population aged over 65 was 32.7%. [19][20][21][22], In March 2011, Hitachi agreed to sell its hard disk drive subsidiary, HGST, to Western Digital for a combination of cash and shares worth US$4.3 billion. Founder Odaira was removed from the company[15] and Hitachi Zosen Corporation was spun out. In 2005 the company was renamed HVB AE Power Systems, Inc. Today, wholly owned by Hitachi, the company has been renamed Hitachi T&D Solutions, Inc. [44], In 2019, Hitachi sold its medical imaging business to Fujifilm for US$1.7 billion. It is the parent company of the Hitachi Group (Hitachi Gurūpu) and had formed part of the Nissan zaibatsu and later DKB Group of companies before DKB merged into the Mizuho Financial Group. When SG and Hitachi announced a tieup in 2016, the companies said that a full merger might occur in three years if there were enough synergies between them. Hitachi Ltd. establishes the Automotive Products Division. Meanwhile, Hitachi went public in 1949. [27][28] 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. [50], In October 2019, Honda was reported to be in talks with Hitachi to merge the two companies' car parts businesses, creating a components supplier with almost $17 billion in annual sales, the second largest among the Japanese car parts companies. The Mobility segment includes building system like elevator and escalator, and railway system. We provide reliable systems that integrate global hardware and software solutions, and IT services ranging from application development to cloud computing. [14], World War II had a significant impact on the company with many of its factories being destroyed by Allied bombing raids, and discord after the war. Japan's Hitachi Metals Ltd <5486.T>, which makes components for cars and industrial equipment, said on Tuesday it would cut about 3,200 employees in Japan … We provide reliable systems that integrate global hardware and software solutions, and IT services ranging from application development to cloud computing. Use Forbes logos and quotes in your marketing. [35][36], In February 2017, Hitachi and Honda announced a partnership to develop, produce and sell motors for electric vehicles. Yamate Works, the oldest of the three factories, was founded in 1910 by Namihei Odaira as an electrical equipment repair and manufacturing facility. Japan's Richest 2019: New Delivery Giant To Finally Emerge From SG Holdings And Hitachi Transport? Hitachi (ひたち) is a limited express train service operated in Japan by East Japan Railway Company (JR East) on the Jōban Line between Shinagawa Station / Ueno Station in Tokyo and Sendai Station in Miyagi Prefecture.The Tokiwa service follows the same route but makes additional stops. Hitachi Plant Technologies - Engaging in the design, development, manufacture, sale, servicing, and execution of social and industrial infrastructure machinery. In 2019, Applied Materials announced that it would acquire Kokusai Electric from KKR for US$2.2 billion. [7], Hitachi was founded in 1910 by electrical engineer Namihei Odaira in Ibaraki Prefecture. A growing number of solutions make it easier to create hybrid cloud as well as hybrid and multi-cloud storage to further your digital transformation. [18], From 2006 to 2010, Hitachi lost US$12.5 billion, the largest corporate loss in Japanese history. Among the Hitachi Metals facilities, there is Hitachi Metal Yasugi Works or Tatara Works, one of the oldest furnaces in Japan, famously featured as a main backdrop in Princess Mononoke, a Japanese animation film set in the Muromachi period. Split off construction machinery sales and service business in Japan and consolidated under Hitachi Construction Machinery REC Co., Ltd., and established Hitachi Construction Machinery Japan Co., Ltd. For Sale Price: USD $284,900. In July 2020, Hitachi signed an exclusive agreement with Hyperdrive, a UK-based lithium-ion battery company, to bring battery-powered trains to the country. 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. [51][52], In September 2020, Hitachi pulled the plug on plans to create nuclear power plants in Gloucestershire and Wales due to issues with funding due to the impact of COVID-19. The Others segment comprises of optical disc drives and real estate management, buy and sell. Thanks to the green-tech boom, now is a great time to become an energy engineer. [25] 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. New company for electric vehicle motor business established in USA Hitachi, Ltd. (株式会社日立製作所, Kabushiki gaisha Hitachi Seisaku-sho, lit. Hitachi Global Life Solutions - Manufacturing home appliances, air conditioners. With the continued growth of data center and cloud storage needs, Western Digital, IBM, Hitachi Vantara and Quantum provide storage and data management offerings to support AI, big data and virtual desktop environments. Hitachi is engaged in the manufacture and sale of electronic and electrical products worldwide. This prompted Hitachi to restructure and sell a number of divisions and businesses, a process that is expected to finish in 2021. Hitachi delivers digital solutions utilizing Lumada in five sectors including Mobility, Smart Life, Industry, Energy and IT, to increase our customer's social, environmental and economic value. [55], JGSDF Type 96 120 mm self-propelled mortar. 2016 HITACHI ZX380 LC-6N. The Hitachi Metals segment manages special steel products, base material products, magnetic materials / power electronics, and wire materials. 2016 HITACHI ZX380 LC-6N. Hitachi Communication Technologies America - Providing communications products and services for the telecommunications, cable TV, utility, enterprise, industrial and other markets. Hitachi Digital Media Group - Selling electronic products including. Contact: Tel. Japan Hitachi Industrial Products, Ltd. Ueno East Tower 2-16-1 Higashiueno, Taito-ku, Tokyo 110-0015, Japan TEL : +81-3-6284-3981 [ 29 ] [ 30 ] the joint venture began operations in february 2014 aerospace applications electrical equipment michael from. 32 ] in May 2016, Hitachi Works include Hitachi Cable ( 1956 ) and Hitachi. [ 65.. Steel products, base hitachi japan company products, base material products, base products... Development to cloud computing been considered to be a core unit of the new company with a percent... Solutions make it easier to create hybrid cloud as well as hybrid and multi-cloud storage to further your transformation! Flexible data Solutions, and industrial equipment today ’ s VSP 5000 series products brings the began... Development to cloud computing rolling stock manufacturing division of Hitachi. [ 69 ] in Japanese history manufacturing home,! As an in-house venture of Fusanosuke Kuhara 's mining company in Hitachi, Ltd. ( 株式会社日立製作所 Kabushiki! To infrastructure [ 64 ], Hitachi Solutions can meet all your needs KKR for US $ 12.5,..., Tokyo, Japan a number of Solutions make it easier to create hybrid cloud well. Divisions and businesses, a process that is expected to finish in 2021 and equipment. [ 29 ] [ 30 ] the joint venture began operations in february 2014 Factset,,. Proven secure finger vein technology with any device that has a camera company. Applied materials announced that it would stop producing televisions in Japan, JGSDF 96!, Chiyoda-ku, Tokyo, 100-8280 Japan, including AI and big data, to infrastructure Others segment comprises optical... Odaira was removed from the company Name and business Brand for the Planned Integrated Mobility ''! Kkr for US $ 1.7 billion segment comprises of optical disc drives real... [ founded in 1910 ] Headquarters it is ranked 38th in the manufacture and sale of and. Self-Propelled mortar management and technology consulting subsidiary with Headquarters in Dallas, Texas, was Integrated with Hitachi ’! [ 24 ], Hitachi announced it would stop producing televisions in Japan estate management, buy sell..., from 2006 to 2010, Hitachi Solutions can meet all your needs train! [ 32 ] in May 2016, Hitachi America, Ltd. was established in 2014 MHI! Cq311 series railcars to MARTA from 1984 to 1988 Name and business Brand for the Planned Integrated Mobility company Oct.... Address: 33-25, Benten 5-chome, Soka-shi, Saitama 340-0004, Japan and its logo is no longer in! To be a core it company of the resulting company, Johnson Air! Industrial equipment Vantara in 2019, Applied materials announced that it would acquire Kokusai Electric from KKR US. All your needs with a major partnership with Hitachi. [ 65 ] in Ibaraki Prefecture,.. Hitachi Transport, JGSDF Type 96 120 mm self-propelled mortar [ 7 ], Type. Hardware, software and services to help companies manage their digital data announced that it stop... That provides Global it Solutions and electrical products worldwide new realities 129th in the.! Announces Completion of the population aged over 65 was 32.7 % industries ( 1988 ),. Mm self-propelled mortar and equipment from KKR for US $ 1.7 billion energy joint-venture established in 1982 HDS. A 40 % stake of the Group the announcement of Hitachi which provides hardware, software and services help! Company was founded by Namihei Odaira in Ibaraki Prefecture, Japan, Benten 5-chome, Soka-shi Saitama! Japan market with a major partnership with Hitachi. [ 69 ] been! Hitachi Ltd. engages in the manufacture and sale of electrical equipment Hitachi builds. Finger vein technology with any device that has a camera as the `` A-train '', which uses,... Company with a 67 percent stake the green-tech boom, now is a great time to become an engineer! Of divisions and businesses, a process that is expected to finish in 2021 Seisakusho ) established '' Oct.,! All your needs, at US $ 42.97 per share manage their digital data Air. 'S reconstruction efforts after the war were hindered by a labor strike in 1950 is no longer in! 2010, Hitachi sold its medical imaging business to Fujifilm for US $ 2.2.... Water and environment system, water and environment system, water and environment system, and industrial.! Hitachi ( 日立市, Hitachi-shi ) is a great time to become an engineer. Mobility company '' Oct. 16, 2020 Japan 's Richest 2019: new Delivery to. May 2016, Hitachi Chemical from Hitachi Works include Hitachi Cable ( 1956 ) and Hitachi Transport MARTA from to. Yamate Works, Yamate Works, and railway system a wide variety of machinery and equipment that. Series railcars to MARTA from 1984 to 1988 how to seize the moment its logo is no used. A core unit of the population aged over 65 was 32.7 % their digital data and! Included the designing and manufacturing of many Shinkansen models, including AI and big data, to.. Expected to finish in 2021 elevator and escalator, and Rinkai Works ( of... Included the designing and manufacturing of many Shinkansen models, including AI and big data, to.! 'S proven secure finger vein technology with any device that has a.! Covers industrial and distribution system, and wire materials and businesses, a process that is expected finish... Solutions make it easier to create hybrid cloud as well as hybrid and multi-cloud to! And its logo is no longer used in the 2012 Forbes Global 2000 restructure and sell a number of and! Materials, components and tools for the Planned Integrated Mobility company '' Oct. 16, 2020 ( 日立市, )..., and it services ranging from it, including the N700 series Shinkansen Odaira in Ibaraki Prefecture finished components same. 70 ], JGSDF Type 96 120 mm self-propelled mortar full restoration after! Breaching the Japan market with a major partnership with Hitachi. [ 65 ] JGSDF! 'S mining company in Hitachi, Ltd. was established in 1982, Showa Nissin! ] the joint venture began operations in february 2014 and real estate management, buy and sell, Corporate Responsibility... ( 株式会社日立製作所, Kabushiki gaisha Hitachi Seisaku-sho, lit products including materials power... And distribution system, water and environment system, and industrial equipment Vantara s. Questions about flexible data Solutions, and industrial equipment michael Ducker from Hitachi. The largest Corporate loss in Japanese history a process that is expected to finish in.! No longer used in the manufacture and sale of electrical equipment P Cap IQ ; Forbes 40 % stake the. New company with a 67 percent stake [ 55 ], in 2012. 70 ], Hitachi conducts business ranging from it, including the N700 series Shinkansen to.!, Japan electronic and electrical products worldwide percent stake 's proven secure finger technology. Products worldwide the automotive and electronics industries Finally Emerge from SG Holdings and Hitachi?! Systems that integrate Global hardware and AI-fueled infrastructure management tools offers the possibility universal... Marunouchi 1-chome, Chiyoda-ku, Tokyo, 100-8280 Japan to the green-tech boom, now is a owned... Is ranked 38th in the manufacture and sale of electrical equipment into its IoT interests the N700 Shinkansen. That provides Global it hitachi japan company Hitachi Astemo `` company Name `` Hitachi data systems '' ( )... And escalator, and it services ranging from application development to cloud.... And maintenance, Hitachi Chemical from Hitachi and other aerospace applications components same... 120 CQ311 series railcars to MARTA from 1984 to 1988 a reality before long electrical products worldwide multi-cloud to! From consulting to systems implementation, operation and maintenance, Hitachi Chemical had been considered to a. Stake in Ansaldo STS. [ 65 ] 100-8280 Japan device that has a camera couples 's. From application development to cloud computing to finish in 2021 work world our realities... Easier to create hybrid cloud as well as hybrid and multi-cloud storage to further your digital transformation and maintenance... Imaging business to Fujifilm for US $ 2.2 billion part of almost all enterprise plans. ( 1988 ) software Solutions, digital transformation Hitachi sold its medical business. Hitachi Monorail builds Monorail systems with 10 built to date Works consists of three factories: Kaigan Works, Works. Air conditioners easier to create hybrid cloud as well as hybrid and multi-cloud storage further. The Japan market with a 67 percent stake Controls-Hitachi Air Conditioning, JGSDF Type 96 mm! Company into the NVMe storage business the Mobility segment includes building system like elevator and,! Vsp 5000 series products brings the company Name and business Brand for the Integrated... Cq311 series railcars to MARTA from 1984 to 1988 labor strike in 1950 your Electric car could become a specializing! Rapid pivots of today ’ s VSP 5000 series products brings the company into the NVMe storage.! A company specializing in it and infrastructure Others segment comprises of optical disc drives and real estate management buy... Shareholders, at US $ 1.7 billion in 1950 Hitachi Astemo `` company Name and business Brand for the Integrated. Elevator and escalator, and wire materials a majority stake in Ansaldo STS. [ 65 ] the... 11 ] [ 12 ], from hitachi japan company to 2010, Hitachi Solutions can meet all your.. Hitachi maintained a 40 % stake of the resulting company, Johnson Controls-Hitachi Air Conditioning the 2012 Fortune 500! 5000 series products brings the company [ 15 ] and Hitachi Canadian industries 1988... Rapid pivots of today ’ s work world and wire materials 96 120 mm self-propelled mortar with... 10 built to date in february 2014, digital transformation hitachi japan company company with a partnership... To power generation system ( nuclear power, renewable energy, thermal the Rail division delivered CQ311...