() is a Japanese
multinational conglomerate corporation headquartered in
Chiyoda, Tokyo
is a Special wards of Tokyo, special ward located in central Tokyo, Japan. It is known as Chiyoda City in English language, English. , Japan. It is the parent company of the Hitachi Group (''Hitachi Gurūpu'') and had formed part of the
Nissan ''zaibatsu'' and later
DKB Group The or the Dai-Ichi Kangyo Group was the largest Japanese keiretsu in the late 1990s.
The group emerged after World War II and coalesced around the Dai-Ichi Kangyo Bank. Two of DKB's largest clients, Kawasaki Heavy Industries and Furukawa Electr ...
and
Fuyo Group
is a Japanese ''keiretsu'' descended from the Yasuda zaibatsu, Asano zaibatsu and Okura zaibatsu. They are major business grouping in Japan up to World War II. In 1948, Yasuda was dismantled, with its key financial arm Yasuda Bank becoming Fu ...
of companies before DKB and
Fuji Bank (the core Fuyo Group company) merged into the
Mizuho Financial Group. As of 2020, Hitachi conducts business ranging from
IT, including
AI, the
Internet of Things, and
big data
Though used sometimes loosely partly because of a lack of formal definition, the interpretation that seems to best describe Big data is the one associated with large body of information that we could not comprehend when used only in smaller am ...
, to
infrastructure.
Hitachi is listed on the
Tokyo Stock Exchange
The , abbreviated as Tosho () or TSE/TYO, is a stock exchange located in Tokyo, Japan. It is the third largest stock exchange in the world by aggregate market capitalization of its listed companies, and the largest in Asia. It had 2,292 listed c ...
and
Nagoya Stock Exchange and its Tokyo listing is a constituent of the
Nikkei 225 and
TOPIX
, commonly known as TOPIX, along with the Nikkei 225, is an important stock market index for the Tokyo Stock Exchange (TSE) in Japan, tracking all domestic companies of the exchange's Prime market division. It is calculated and published by the T ...
Core30 indices. It is ranked 38th in the 2012
Fortune Global 500 and 129th in the 2012
Forbes Global 2000.
History
Hitachi was founded in 1910 by electrical engineer
Namihei Odaira (1874–1951) in
Ibaraki Prefecture
is a prefecture of Japan located in the Kantō region of Honshu. Ibaraki Prefecture has a population of 2,871,199 (1 June 2019) and has a geographic area of . Ibaraki Prefecture borders Fukushima Prefecture to the north, Tochigi Prefecture ...
. The company's first product was Japan's first
induction motor
An induction motor or asynchronous motor is an AC electric motor in which the electric current in the rotor needed to produce torque is obtained by electromagnetic induction from the magnetic field of the stator winding. An induction motor ...
, initially developed for use in
copper mining
Copper extraction refers to the methods used to obtain copper from its ores. The conversion of copper consists of a series of physical and electrochemical processes. Methods have evolved and vary with country depending on the ore source, loc ...
.
The company began as an in-house venture of
Fusanosuke Kuhara
was an entrepreneur, politician and cabinet minister in the pre-war Empire of Japan.
Biography
Kuhara was born in Hagi, Yamaguchi Prefecture into a family of ''sake'' brewers. His brother was the founder of Nippon Suisan Kaisha and his uncle Fu ...
's mining company in
Hitachi, Ibaraki. Odaira moved headquarters to
Tokyo in 1918. Odaira coined the company's
toponymic name by superimposing two ''
kanji'' characters: ''hi'' meaning "sun" and ''tachi'' meaning "rise".
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. Founder Odaira was removed from the company
and
Hitachi Zosen Corporation
is a major Japanese industrial and engineering corporation. It produces waste treatment plants, industrial plants, precision machinery, industrial machinery, steel mill process equipment, steel structures, construction machinery, tunnel boring m ...
was spun out. Hitachi's reconstruction efforts after the war were hindered by a labor strike in 1950. Meanwhile, Hitachi went public in 1949.
Hitachi America, Ltd. was established in 1959.
The Soviet Union started to produce air conditioners in 1975. The
Baku
Baku (, ; az, Bakı ) is the capital and largest city of Azerbaijan, as well as the largest city on the Caspian Sea and of the Caucasus region. Baku is located below sea level, which makes it the lowest lying national capital in the world ...
factory was established under the license of Japanese company Hitachi. Volumes of production of air conditioners in the USSR were small, about 500,000 per year. However air conditioners were a matter of great pride. Mainly window air conditioners were produced. Most of the output was exported.
Hitachi Europe, Ltd. was established in 1982.
From 2006 to 2010, Hitachi lost US$12.5 billion, the largest corporate loss in Japanese history. This prompted Hitachi to restructure and sell a number of divisions and businesses, a process that is expected to end in 2021.
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. Due to concerns of a duopoly of WD and
Seagate Technology by the EU Commission and the
Federal Trade Commission
The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) antitrust law and the promotion of consumer protection. The FTC shares jurisdiction ov ...
, Hitachi's 3.5" HDD division was sold to
Toshiba. The transaction was completed in March 2012.
In January 2012, Hitachi announced it would stop producing televisions in Japan. 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. 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. In November 2012, Hitachi and
Mitsubishi Heavy Industries
is a Japanese multinational engineering, electrical equipment and electronics corporation headquartered in Tokyo, Japan. MHI is one of the core companies of the Mitsubishi Group and its automobile division is the predecessor of Mitsubishi Motors ...
agreed to merge their thermal power generation businesses into a joint venture to be owned 65% by Mitsubishi Heavy Industries and 35% by Hitachi.
The joint venture named Mitsubishi Hitachi Power Systems (MHPS) began operations in February 2014.
In October 2015, Hitachi completed a deal with
Johnson Controls
Johnson Controls International is an American
Irish-domiciled multinational conglomerate headquartered in Cork, Ireland, that produces fire, HVAC, and security equipment for buildings. As of mid-2019, it employed 105,000 people in around 2, ...
to form a joint-venture that would takeover Hitachi's HVAC business. Hitachi maintained a 40% stake of the resulting company, Johnson Controls-Hitachi Air Conditioning. In May 2016, Hitachi announced it was investing $2.8 billion into its
IoT
The Internet of things (IoT) describes physical objects (or groups of such objects) with sensors, processing ability, software and other technologies that connect and exchange data with other devices and systems over the Internet or other comm ...
interests.
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.
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.
In February 2017, Hitachi and
Honda announced a partnership to develop, produce and sell motors for electric vehicles. Also in 2017, private equity firm
KKR
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strateg ...
bought Hitachi Kokusai's (itself a subsidiary of Hitachi) semiconductor equipment division, becoming Kokusai Electric. In 2019,
Applied Materials
Applied Materials, Inc. is an American corporation that supplies equipment, services and software for the manufacture of semiconductor (integrated circuit) chips for electronics, flat panel displays for computers, smartphones, televisions, and s ...
announced that it would acquire Kokusai Electric from KKR for US$2.2 billion. The deal was later terminated in 2021.
In 2018, Hitachi stopped selling televisions in Japan because its market share had dropped to 1%, opting to sell Sony TVs through its existing dealer network.
On March 14, 2018,
Zoomdata
Zoomdata is a business intelligence software company that specializes in real-time data visualization of big data, streaming data, and multisource analysis. The company's products are deployable on-prem, in the cloud, and embedded in other ap ...
announced its partnership with Hitachi INS Software to help develop big data analytics market in Japan.
In December 2018, Hitachi Ltd. announced it would take over 80% of
ABB Ltd.'s power grid division for $6.4 billion renaming it Hitachi-ABB Power Grids in the process. In October2021, the enterprise was rebranded HitachiEnergy.
[
]
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. It plans to become a company specializing in IT and infrastructure maintenance in the near future.
In 2019, Hitachi sold its medical imaging business to
Fujifilm
, trading as Fujifilm, or simply Fuji, is a Japanese multinational conglomerate headquartered in Tokyo, Japan, operating in the realms of photography, optics, office and medical electronics, biotechnology, and chemicals.
The offerings from t ...
for US$1.7 billion.
Showa Denko
, founded in 1939 by the merger of Nihon Electrical Industries and Showa Fertilizers, both established by a Japanese entrepreneur Nobuteru Mori, is a Japanese chemical company producing chemical products and industrial materials.
SDK's products ...
bought
Hitachi Chemical from Hitachi and other shareholders, at US$42.97 per share. Until then, Hitachi Chemical had been considered to be a core unit of the group. Hitachi also suspended the
ABWR
The advanced boiling water reactor (ABWR) is a Generation III boiling water reactor. The ABWR is currently offered by GE Hitachi Nuclear Energy (GEH) and Toshiba. The ABWR generates electrical power by using steam to power a turbine connected ...
development by its British subsidiary
Horizon Nuclear Power as it did not provide an adequate "economic rationality as a private enterprise" to proceed.
In October 2019, the talks between
Honda and Hitachi to consolidate their four automotive parts businesses,
Showa,
Nissin and
Keihin of the former and the latter's Hitachi Automotive Systems, have reportedly begun, resulting in the creation of a "mega supplier" named Hitachi Astemo incorporated in January 2021.
In September 2020, Hitachi abandoned plans to create nuclear power plants in Gloucestershire and Wales due to issues with funding due to the impact of
COVID-19. In the same month, Hitachi Capital agreed to be bought by its second-largest shareholder, business partner, and former rival
Mitsubishi UFJ Lease, which has invested in the Hitachi subsidiary in 2016.
In November 2020, it announced that Hitachi Metals and
Hitachi Construction Machinery
is a Japanese construction equipment company which is into the manufacturing, sales and service of construction machinery, transportation machinery, and other machines and devices. It is a subsidiary of the Hitachi Group.
History
Hitachi Cons ...
, both being some of the last remaining listed subsidiaries, will likely be detached from the group according to the restructuring plan. In December, Hitachi sold a 60% stake in its overseas home appliance business to Turkish
Arcelik for US$300 million.
In December 2021, it was announced by OPG that they had selected GE-Hitachi to construct two BWRX-300 reactors at the Darlington site in Ontario, Canada. OPG and GE-Hitachi will be collaborating on the design, planning and preparation of license materials for the construction of Canada's first SMR which is planned to enter operation in 2028.
Products and services
Automotive systems
* Car Information Systems
* Drive Control
* Electric Powertrain Systems
* Engine Management Systems
Construction machinery
* Hydraulic Excavators
* Forestry Equipment
* Mechanical & Hydraulic Cranes
* Mining Dump Trucks
* Crawler Dump trucks
* Wheel Loaders
Defense systems
*
Military vehicle
A military vehicle is any vehicle for land-based military transport and activity, including combat vehicles; both specifically designed for, or significantly used by military and armed forces. Most military vehicles require off-road capabili ...
s
*
Vetronics
Vetronics, a portmanteau of vehicle and electronics, is a technological designation used extensively in the military domain. The term also has limited usage in other contexts and in company branding, particularly in the veterinary and medical doma ...
*
Crisis management
Crisis management is the process by which an organization deals with a disruptive and unexpected event that threatens to harm the organization or its stakeholders. The study of crisis management originated with large-scale industrial and envir ...
*
C4I
Command and control (abbr. C2) is a "set of organizational and technical attributes and processes ... hatemploys human, physical, and information resources to solve problems and accomplish missions" to achieve the goals of an organization or en ...
systems
* Satellite image processing systems
* Social Infrastructure
security
Security is protection from, or resilience against, potential harm (or other unwanted coercive change) caused by others, by restraining the freedom of others to act. Beneficiaries (technically referents) of security may be of persons and social ...
business (in coordination with Hitachi's Infrastructure Systems Group)
*
Electric propulsion technology
*
Electro-mechanical
In engineering, electromechanics combines processes and procedures drawn from electrical engineering and mechanical engineering. Electromechanics focuses on the interaction of electrical and mechanical systems as a whole and how the two systems ...
systems (including some
robotics research & development)
* Advanced Combat Infantry Equipment System
CIES
The International Centre for Sports Studies, known mostly by the initials CIES from the French ''Centre International d'Etude du Sport'', is an independent, research and education organization, located in Neuchâtel, Switzerland.
It had a resear ...
(
JSDF) - Primary contractor
Digital media and consumer products
*
Air conditioning equipment - jointly with
Johnson Controls
Johnson Controls International is an American
Irish-domiciled multinational conglomerate headquartered in Cork, Ireland, that produces fire, HVAC, and security equipment for buildings. As of mid-2019, it employed 105,000 people in around 2, ...
*
Hitachi Magic Wand
The Hitachi Magic Wand (renamed Magic Wand Original and Original Magic Wand) is an AC-powered wand vibrator. It was originally manufactured for relieving tension and relaxing sore muscles, however, it is most known for its use as a sex toy. Japa ...
*
Optical disc drive
In computing, an optical disc drive is a disc drive that uses laser light or electromagnetic waves within or near the visible light spectrum as part of the process of reading or writing data to or from optical discs. Some drives can only ...
s - jointly with optical disc drive division of
LG as
Hitachi-LG Data Storage
Hitachi-LG Data Storage (HLDS, HL-DT-ST or H-L Data Storage), a joint venture between Hitachi and LG, is a manufacturer of DVD and Blu-ray optical disk drives for desktop and notebook computers. Founded in late 2000, the company began operation ...
* White goods (
refrigerator
A refrigerator, colloquially fridge, is a commercial and home appliance consisting of a thermally insulated compartment and a heat pump (mechanical, electronic or chemical) that transfers heat from its inside to its external environment so t ...
s,
washing machines, etc.) - majority stake of ex-Japan business sold to
Arcelik.
Electronic systems and equipment
* Test and measurement equipment
*
Particle therapy equipment
*
Cell culture equipment
Advanced materials
* Specialty steels
* Wires and cables
Information and telecommunication systems
*
ATMs
*
Servers
*
Disk array subsystems
*
Data storage and
analytics
Analytics is the systematic computational analysis of data or statistics. It is used for the discovery, interpretation, and communication of meaningful patterns in data. It also entails applying data patterns toward effective decision-making. It ...
solutions
**
Virtual Storage Platform
*
Internet of Things
** Hitachi Lumada
*
VOS3 Mainframe computer operating system
*
Software
*
Outsourcing services
*
Telecommunications equipment
Power systems
*
Nuclear
Nuclear may refer to:
Physics
Relating to the nucleus of the atom:
*Nuclear engineering
*Nuclear physics
*Nuclear power
*Nuclear reactor
*Nuclear weapon
*Nuclear medicine
*Radiation therapy
*Nuclear warfare
Mathematics
*Nuclear space
*Nuclear ...
and
hydrogen power generation systems
*
Power Grids
*
GE Hitachi Nuclear Energy
GE Hitachi Nuclear Energy (GEH) is a provider of advanced reactors and nuclear services. It is headquartered in Wilmington, North Carolina, United States. Established in June 2007, GEH is a nuclear alliance created by General Electric and Hitach ...
Social infrastructure and industrial systems
*
Elevators
*
Escalator
An escalator is a moving staircase which carries people between floors of a building or structure. It consists of a motor-driven chain of individually linked steps on a track which cycle on a pair of tracks which keep the step tread horizo ...
s
* Industrial machinery and plants
* Railway vehicles and systems
**
Hitachi A-train
Others
* Logistics
* Property management
Subsidiaries
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 Consulting
Hitachi Consulting Corporation was an American international management and technology consulting firm with headquarters in Dallas, Texas. It was founded in November 2000 as a subsidiary of the Japanese corporation Hitachi, and employed approxima ...
, the group's international management and technology consulting subsidiary with headquarters in Dallas, Texas, was integrated with Hitachi Vantara in 2019.
Hitachi Metals
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. Among the Hitachi Metals facilities is Hitachi Metal Yasugi Works or Tatara Works, one of the oldest furnaces in Japan, famously featured as a main backdrop in ''
Princess Mononoke
is a 1997 Anime, Japanese animated Epic film, epic historical drama, historical fantasy film written and directed by Hayao Miyazaki and animated by Studio Ghibli for Tokuma Shoten, Nippon Television Network and Dentsu. The film stars the voices ...
'', a Japanese animation film set in the
Muromachi period.
As of September 2020, Hitachi Metals is set to be divested as part of the long-term restructuring plan being executed by the group.
Hitachi Rail
''Hitachi, Ltd. Railway Systems Business Unit'', known as Hitachi Rail is the
rolling stock
The term rolling stock in the rail transport industry refers to railway vehicles, including both powered and unpowered vehicles: for example, locomotives, freight and passenger cars (or coaches), and non-revenue cars. Passenger vehicles can b ...
and
railway signalling
Railway signalling (), also called railroad signaling (), is a system used to control the movement of railway traffic. Trains move on fixed rails, making them uniquely susceptible to collision. This susceptibility is exacerbated by the enormo ...
manufacturing division of Hitachi.
Hitachi built the first railway carriage in 1924 for the domestic japanese market and soon became one of the main railway suppliers in Japan. By 1964 Hitachi was one of only three companies that built the world’s first fleet of high-speed trains, the
shinkansen. ''Hitachi Rail Europe'' (legally ''Hitachi Rail Limited'') was established in
London as the European headquarters of the company in 1999. Other
subsidiaries are:
* HITACHI RAIL ESPANA S.L.,
* HITACHI RAIL HONOLULU JV,
* HITACHI RAIL STS,
* AUSTRALIA PTY LTD,
* HITACHI RAIL STS CANADA, INC.,
* HITACHI RAIL STS DEUTSCHLAND GMBH,
* HITACHI RAIL STS FRANCE SOCIETE PAR ACTIONS SIMPLIFIEE,
* HITACHI RAIL STS HONG KONG LIMITED,
* HITACHI RAIL STS HURONTARIO HOLDINGS INC.,
* HITACHI RAIL STS INDIA PRIVATE LIMITED,
* HITACHI RAIL STS MALAYSIA SDN BHD,
* HITACHI RAIL STS MOBILINX HURONTARIO GP INC.,
* HITACHI RAIL STS RAILWAY SIGNALING TECHNOLOGY (BEIJING) COMPANY LIMITED,
*
HITACHI RAIL STS S.P.A.,
* HITACHI RAIL STS SWEDEN AB,
* HITACHI RAIL STS UK LTD,
* HITACHI RAIL STS USA, INC.,
* HITACHI RAIL STS USA INTERNATIONAL CO.
* HITACHI RAIL WASHINGTON LLC.
The rail division delivered 120 CQ311 series railcars to
MARTA
Marta may refer to:
People
* Marta (given name), a feminine given name
* Märta, a feminine given name
* Marta (surname)
: István Márta composer
* Marta (footballer) (born 1986), Brazilian professional footballer
Places
* Marta (river), ...
from 1984 to 1988.
Hitachi markets a general-purpose train known as the "
A-train", which uses
double-skin,
friction-stir-welded aluminium
Aluminium (aluminum in American and Canadian English) is a chemical element with the symbol Al and atomic number 13. Aluminium has a density lower than those of other common metals, at approximately one third that of steel. It has ...
body construction.
Hitachi's products have included the designing and manufacturing of many
Shinkansen models, including the
N700 Series Shinkansen
The is a Japanese Shinkansen high-speed train with tilting capability developed jointly by JR Central and JR West for use on the Tokaido and San'yō Shinkansen lines since 2007, and also operated by JR Kyushu on the Kyushu Shinkansen line.
N ...
.
On February 24, 2015, Hitachi agreed to purchase the Italian rolling stock manufacturer
AnsaldoBreda
Hitachi Rail Italy S.p.A. is a multinational rolling stock manufacturer company based in Pistoia, Italy. Formerly AnsaldoBreda S.p.A., a subsidiary of state-owned Finmeccanica, the company was sold in 2015 to Hitachi Rail of Japan. After the ...
and acquire
Finmeccanica
Leonardo S.p.A., formerly Leonardo-Finmeccanica and originally Finmeccanica, is an Italian multinational company specialising in aerospace, defence and security. Headquartered in Rome, Italy, the company has 180 sites worldwide. It is the eighth ...
's stake in
Ansaldo STS
Hitachi Rail STS SpA (from ''Hitachi Rail Signalling and Transportation Systems'') or Hitachi Rail STS (previously Ansaldo STS) is a transportation company owned by Hitachi with a global presence in the field of railway signalling and integrated ...
, the
railway signaling division of Finmeccanica
The purchase was completed later that year,
at which point the company was renamed as
Hitachi Rail Italy. Since then, Hitachi has obtained a majority stake in Ansaldo STS.
Hitachi Monorail
The Hitachi Monorail System refers to the family of monorails offered by Hitachi Rail.
List of notable Hitachi monorails
Hitachi's designs are ALWEG-based, and are available in three configurations:
All Hitachi trains except those on Japan's ...
builds monorail systems with 10 built to date.
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.
Late in 2021 Alstom announced the transfer of business relating to
Bombardier Zefiro
Zefiro is a family of high-speed passenger trains designed by Bombardier Transportation (now Alstom) whose variants have top operating speeds of between ; and .
The family consists of: the ''Zefiro 250'', which has a top operating speed of an ...
to Hitachi Rail and should be completed in early 2022.
Late 2022 Hitachi Rail won the contract to supply train sets for
Ontario Line being planned in
Toronto.
Hitachi Astemo
Hitachi Astemo, which stands for "Advanced Sustainable Technologies for Mobility", is a 67-33 joint venture between Hitachi and
Honda, which merged their four auto parts affiliates and division, the latter's three
keiretsu
A is a set of companies with interlocking business relationships and shareholdings. In the legal sense, it is a type of informal business group that are loosely organized alliances within the social world of Japan's business community. The ''k ...
companies
Showa Corporation
is a manufacturer of high-performance automotive, motorcycle and outboard suspension systems based in Gyoda, Saitama in Japan.
The company was founded in 1938 as Showa Aircraft Precision Works. In Japan's drive to develop its military capab ...
,
Keihin Corporation
The is a Japanese automotive and motorcycle parts company headquartered in Shinjuku, Tokyo, Japan. The company is a major supplier to Honda, who owns nearly half of Keihin's shares, but also supplies other motorcycle manufacturers, among them ...
, and
Nissin Kogyo
is a Japanese automotive parts company that makes vehicle braking systems and aluminium products. The company was founded in 1953 and is listed on the first section Tokyo Stock Exchange. As of March 2017, the company had 1.54 billion dollars in ...
, and the former's wholly owned Hitachi Automotive Systems, to be better equipped for the changing car market environment, frequently represented as CASE, for which they will integrate their assets to accelerate development of new technology and software.
Hitachi Astemo is considered a "mega supplier", as annual sales of the four predecessors combined stood at $17 billion, placing it as the second largest among the compatriot auto suppliers.
Other subsidiaries
The rest of the group companies include:
*Hitachi High-tech
*
Hitachi Construction Machinery
is a Japanese construction equipment company which is into the manufacturing, sales and service of construction machinery, transportation machinery, and other machines and devices. It is a subsidiary of the Hitachi Group.
History
Hitachi Cons ...
**
Hitachi Construction Machinery (Europe)
Hitachi Construction Machinery (Europe) NV (HCME) is a subsidiary of Hitachi Construction Machinery Co.,Ltd. (HCM) and was established in 1972 in Oosterhout, The Netherlands. It is responsible for the manufacture, sales and marketing of Hitachi ...
*
GE Hitachi Nuclear Energy
GE Hitachi Nuclear Energy (GEH) is a provider of advanced reactors and nuclear services. It is headquartered in Wilmington, North Carolina, United States. Established in June 2007, GEH is a nuclear alliance created by General Electric and Hitach ...
(co-owned by
General Electric)
*Hitachi Global Life Solutions - Selling home appliances except
audiovisual
Audiovisual (AV) is electronic media possessing both a sound and a visual component, such as slide-tape presentations, films, television programs, corporate conferencing, church services, and live theater productions.
Audiovisual service ...
products.
*
Johnson Controls
Johnson Controls International is an American
Irish-domiciled multinational conglomerate headquartered in Cork, Ireland, that produces fire, HVAC, and security equipment for buildings. As of mid-2019, it employed 105,000 people in around 2, ...
-Hitachi Air Conditioning - A/C business majority-owned by Johnson Controls since 2015.
*Hitachi Digital Media Group - Selling electronic products including
video projectors under its brand name.
*Hitachi Plant Technologies - Engaging 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 Communication Technologies America - Providing communications products and services for the telecommunications, cable TV, utility, enterprise, industrial and other markets.
*Hitachi Solutions America - A consulting firm and systems integrator focusing primarily on
Microsoft Dynamics. Hitachi Solutions America acquired
Ignify
Ignify was an ERP, CRM, POS and e-commerce software company headquartered in Long Beach, California with more than 500 employees in 8 countries. Ignify's tagline is "Igniting Ideas. Delivering Results." Ignify was founded by Sandeep Walia and Pa ...
, a Microsoft Dynamics Solution provider, in December 2015.
*Hitachi Industrial Equipment Systems - producing industrial automation systems and equipment.
*Hitachi Transport System - providing one-stop logistics services.
*Hitachi Energy
Discontinued or divested businesses
Hitachi Capital
*
Leasing
* Loan guarantees
* Invoice finance
* Consumer finance (personal and retail)
* Business finance
Bought by
Mitsubishi, it had been the group's financial business arm.
Hitachi Works
Spin-off
Spin-off may refer to:
*Spin-off (media), a media work derived from an existing work
* Corporate spin-off, a type of corporate action that forms a new company or entity
* Government spin-off, civilian goods which are the result of military or gov ...
entities from Hitachi Works include
Hitachi Cable
was established in 1956 as a manufacturer of electric wire and cable for power distribution. The company, based in Tokyo, Japan, was formed from Hitachi Densen Works, the Hitachi Works spin-off previously known as Densen Works.
In the half-cen ...
(1956) and Hitachi Canadian Industries Limited (founded 1988 in
Saskatoon and closed in 2016 as Mitsubishi-Hitachi Power Systems).
As Hitachi pulled out of MHPS and handed over the control to
MHI, Hitachi Works was also transferred, becoming part of Mitsubishi Power.
Others
Other former businesses Hitachi had had include the following:
*Aircraft
**
Hitachi T.2
**
Hitachi TR.2
* Aircraft Engines
**
Hitachi Hatsukaze
The Hitachi Hatsukaze (初風, Hatsukaze - fresh wind), also known as the Hitachi GK4 (short Navy), Hitachi Army Type 4 110hp Air Cooled Inline (Army long), Hitachi Ha47 (Army Hatzudoki) and Ha-11 model 11 (unified), was Hitachi's fourth design i ...
*
Hitachi Zosen
** Ships - Business merged with the shipbuilding operation of
NKK corporation to form
Universal Shipbuilding Corporation
(informally JMU) is a Japanese ship building marine engineering and service company headquartered in Yokohama, Japan.
It's Japan’s second largest shipbuilder after Imabari Shipbuilding, with shipyard facilities in Kure, Hiroshima, Yokohama, ...
* Displays
**
Plasma and
LCD Televisions - Ceased production. Brand name continues to be licensed to
Vestel
Vestel is a Turkish home and professional appliances manufacturing company consisting of 18 companies specialised in electronics, major appliances and information technology. Vestel's headquarters and production plant are located in Manisa, wh ...
for TVs sold at
Argos in the UK.
** Small LCDs - Divested to be part of
Japan Display
, commonly called by its abbreviated name, JDI, is the Japanese display technology joint venture formed by the merger of the small and medium-sized liquid crystal display businesses of Sony, Toshiba, and Hitachi.
As of March 2014, JDI was one of ...
**
Projectors - Sold to
Maxell
* Memory chips - Spun off to be part of
Elpida Memory
*System LSIs - Spun off to be part of
Renesas Technology
is a Japanese semiconductor manufacturer headquartered in Tokyo, Japan, initially incorporated in 2002 as Renesas Technology, the consolidated entity of the semiconductor units of Hitachi and Mitsubishi excluding their dynamic random-access mem ...
*
Personal computers
A personal computer (PC) is a multi-purpose microcomputer whose size, capabilities, and price make it feasible for individual use. Personal computers are intended to be operated directly by an end user, rather than by a computer expert or techn ...
- Ceased production
* Mobile phones - Merged with
Casio
is a Japanese multinational electronics manufacturing corporation headquartered in Shibuya, Tokyo, Japan. Its products include calculators, mobile phones, digital cameras, electronic musical instruments, and analogue and digital watches. It ...
's cellphone manufacturing business, then absorbed into
NEC Mobile Communications
NEC Mobile Communications was a mobile phone manufacturer established 1 May 2010. It started as a joint venture among three Japanese electronics manufacturers NEC, Casio and Hitachi, where NEC owned 70.74%, Casio 20.00% and Hitachi 9.26%. At one p ...
* Batteries - Sold to Maxell
* Drilling instruments (Hitachi Via Mechanics) - Sold to The Longreach Group
* Hard disk drives - Separated division for this product line as
Hitachi Global Storage Technologies, then HGST was purchased by
Western Digital
*
Mainframe computer hardware - Stopped exporting in 2000; Ceased production in 2017 to focus on the operating system business.
*Hitachi Kokusai Electric - Sold to
KKR
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strateg ...
**Telecommunication equipment
**
Chemical vapor deposition
Chemical vapor deposition (CVD) is a vacuum deposition method used to produce high quality, and high-performance, solid materials. The process is often used in the semiconductor industry to produce thin films.
In typical CVD, the wafer (substra ...
equipment
*
Power tools (Hitachi Koki) - Sold to KKR and renamed
Hikoki
*
Car navigation system (Clarion) - Sold to
Faurecia
Faurecia SE is a French global automotive supplier headquartered in Nanterre, in the western suburbs of Paris. In 2018 it was the 9th largest international automotive parts manufacturer in the world and #1 for vehicle interiors and emission contro ...
*
Wind turbines - Ceased production
*
Chemical products
Products are the species formed from chemical reactions. During a chemical reaction, reactants are transformed into products after passing through a high energy transition state. This process results in the consumption of the reactants. It can be a ...
(Hitachi Chemical) - Sold to
Showa Denko
, founded in 1939 by the merger of Nihon Electrical Industries and Showa Fertilizers, both established by a Japanese entrepreneur Nobuteru Mori, is a Japanese chemical company producing chemical products and industrial materials.
SDK's products ...
and renamed Showa Denko Materials
*
Medical diagnostic equipment - Sold to
Fujifilm
, trading as Fujifilm, or simply Fuji, is a Japanese multinational conglomerate headquartered in Tokyo, Japan, operating in the realms of photography, optics, office and medical electronics, biotechnology, and chemicals.
The offerings from t ...
*
Thermal power generation system (
Mitsubishi Hitachi Power Systems) - Shares held by Hitachi transferred to Mitsubishi
Philanthropy
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
Medan (; English: ) is the capital and largest city of the Indonesian province of North Sumatra, as well as a regional hub and financial centre of Sumatra. According to the National Development Planning Agency, Medan is one of the four main ...
, the
Indonesian Christian University in
Jakarta,
Padjadjaran University
Padjadjaran University id, Universitas Padjajaran, abbreviated as UNPAD) is a public university located in Sumedang Regency and Bandung, which is the provincial capital of West Java, Indonesia. It was established on September 11, 1957.
UNPAD has ...
in
Bandung
Bandung ( su, ᮘᮔ᮪ᮓᮥᮀ, Bandung, ; ) is the capital city of the Indonesian province of West Java. It has a population of 2,452,943 within its city limits according to the official estimates as at mid 2021, making it the fourth most ...
,
General Soedirman University in
Purwokerto
Purwokerto is a large but non-autonomous town on the island of Java, Indonesia. It is the capital of Banyumas Regency, Central Java province. The population of the four districts which comprise the town at the 2010 census was 233,951 and 229 ...
and
Muhammadiyah
Muhammadiyah ( ar, محمدية; 'followers of Muhammad'); also known as the Muhammadiyah Society ( id, Persyarikatan Muhammadiyah) is a major Islamic non-governmental organization in Indonesia.A. Jalil HamidTackle the rising cost of living longer ...
University in
Malang
Malang (; ) is a landlocked city in the Indonesian province of East Java. It has a history dating back to the age of Singhasari Kingdom. It is the second most populous city in the province, with a population of 820,043 at the 2010 Census and 8 ...
).
See also
*
ATM Industry Association (ATMIA)
Notes
References
External links
*
{{Authority control
Japanese companies established in 1910
Aircraft engine manufacturers of Japan
Audio equipment manufacturers of Japan
1940s initial public offerings
Companies listed on the Tokyo Stock Exchange
Companies listed on the Nagoya Stock Exchange
Companies formerly listed on the New York Stock Exchange
Computer security companies
Conglomerate companies of Japan
Consumer electronics brands
Defense companies of Japan
Display technology companies
Electrical engineering companies of Japan
Electrical wiring and construction supplies manufacturers
Electronics companies of Japan
Elevator manufacturers
Equipment semiconductor companies
Escalator manufacturers
Fuyo Group
Home appliance manufacturers of Japan
Heating, ventilation, and air conditioning companies
Industrial machine manufacturers
Japanese brands
Robotics in Japan
Midori-kai
Military vehicle manufacturers
Mobile phone manufacturers
Multinational companies headquartered in Japan
Nuclear technology companies of Japan
Power tool manufacturers
Public safety communications
Rail infrastructure manufacturers
Robotics companies of Japan
Rolling stock manufacturers of Japan
Conglomerate companies established in 1910
Wind turbine manufacturers
Steam turbine manufacturers
Mining equipment companies
Manufacturing companies established in 1910
Electronics companies established in 1910
Carburetor manufacturers
Electric motor manufacturers
Engine manufacturers of Japan
Pump manufacturers
Tool manufacturing companies of Japan