Hitachi

Hitachi, Ltd. (Japanese pronunciation: [çi̥taꜜtɕi]) is a Japanese multinational conglomerate founded in 1910 and headquartered in Chiyoda, Tokyo. The company specialises in a diverse range of products, including digital systems, power and renewable energy solutions, railway systems, healthcare products, and financial systems.

Hitachi, Ltd.
Native name
株式会社日立製作所
Kabushikigaisha Hitachi Seisaku-sho
lit. "Share Company Hitachi Manufacturing Plant"
Company typePublic
IndustryConglomerate
Founded1910 (1910)
Hitachi, Ibaraki, Japan
FounderNamihei Odaira
Headquarters,
Japan
Area served
Worldwide
Key people
Toshiaki Higashihara
(Executive Chairman)
Keiji Kojima(businessman)
(President and CEO)
Products
Services
Revenue ¥10.264 trillion (2021)
¥738.2 billion (2021)
¥583.2 billion (2021)
Total assets ¥13.887 trillion (2021)
Total equity ¥4.341 trillion (2021)
Number of employees
397,732 (total)
29,485 (non-consolidated) 368,247 (consolidated)
(as of March 2022)
Websitewww.hitachi.com

It was founded as an electrical machinery manufacturing subsidiary of the Kuhara Mining Plant in Hitachi, Ibaraki by Namihei Odaira in 1910. It started as an independent company under its current name in 1920.

Hitachi is listed on the Tokyo Stock Exchange and is a key component of the Nikkei 225 and TOPIX Core30 indices. As of November 2023, it has a market capitalisation of 9.67 trillion yen, making it the twelfth largest Japanese company by market value. In terms of global recognition, Hitachi was ranked 38th in the 2012 Fortune Global 500 and 129th in the 2012 Forbes Global 2000.

Hitachi is a highly globalised conglomerate. In the fiscal year 2022, it generated approximately 61% of its total revenue of 10.9 trillion yen from international markets. The major contributors to this global revenue were Asia, Europe, and North America, with each region accounting for 24%, 14%, and 17% of the total revenue, respectively.

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