() is a Japanese multinational conglomerate
company headquartered in Chiyoda, Tokyo
, Japan. 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
. As of 2020, Hitachi conducts business ranging from IT
, including AI
, the Internet of Things
, and big data
, to infrastructure
Hitachi is listed on the Tokyo Stock Exchange
and Nagoya Stock Exchange
and its Tokyo listing is a constituent of the Nikkei 225
Core30 indices. It is ranked 38th in the 2012 Fortune Global 500
and 129th in the 2012 Forbes Global 2000
Hitachi was founded in 1910 by electrical engineer Namihei Odaira
in Ibaraki Prefecture
. The company's first product was Japan's first induction motor
, initially developed for use in copper mining
The company began as an in-house venture of Fusanosuke Kuhara
'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
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
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 finish in 2021.
In March 2011, Hitachi agreed to sell its hard disk drive
, 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
, 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
for £700 million. 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.
The joint venture named Mitsubishi Hitachi Power Systems (MHPS) began operations in February 2014.
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, Johnson Controls-Hitachi Air Conditioning. In May 2016, Hitachi announced it was investing $2.8 billion into its IoT
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
bought Hitachi Kokusai's (itself a subsidiary of Hitachi) semiconductor equipment division, becoming Kokusai Electric. In 2019, Applied Materials
announced that it would acquire Kokusai Electric from KKR for US$2.2 billion.
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
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.
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
for US$1.7 billion. Showa Denko
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
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
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 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
. 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
, 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.
Products and services
* Car Information Systems
* Drive Control
* Electric Powertrain Systems
* Engine Management Systems
* Hydraulic Excavators
* Forestry Equipment
* Mechanical & Hydraulic Cranes
* Mining Dump Trucks
* Crawler Dump trucks
* Wheel Loaders
* Military vehicle
* Crisis management
* Satellite image processing systems
* Social Infrastructure security
business (in coordination with Hitachi's Infrastructure Systems Group)
* Electric propulsion technology
systems (including some robotics
research & development)
* Advanced Combat Infantry Equipment System CIES
) - Primary contractor
Digital media and consumer products
* Air conditioning equipment
- jointly with Johnson Controls
* Hitachi Magic Wand
*Optical disc drive
s - jointly with optical disc drive division of LG
as Hitachi-LG Data Storage
* White goods (refrigerator
s, washing machine
s, etc.) - majority stake of ex-Japan business sold to Arcelik
Electronic systems and equipment
* Test and measurement equipment
* Particle therapy equipment
* Cell culture equipment
* Specialty steels
* Wires and cables
Information and telecommunication systems
* Disk array
** Virtual Storage Platform
* Internet of Things
** Hitachi Lumada
*Mainframe computer operating system
and hydrogen power generation systems
Social infrastructure and industrial systems
* Industrial machinery and plants
* Railway vehicles and systems
** Hitachi A-train
* Property management
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
, the group's international management and technology consulting subsidiary with headquarters in Dallas, Texas, was integrated with Hitachi Vantara in 2019.
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
'', 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 is the rolling stock
manufacturing division of Hitachi.
The rail division delivered 120 CQ311 series railcars to MARTA
from 1984 to 1988.
Hitachi markets a general-purpose train known as the "A-train
", which uses double-skin
, friction-stir-welded aluminium
Hitachi's products have included the designing and manufacturing of many Shinkansen
models, including the N700 Series Shinkansen
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
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.
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.
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
companies Showa Corporation
, Keihin Corporation
, and Nissin Kogyo
, 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.
The rest of the group companies include:
*Hitachi Construction Machinery
**Hitachi Construction Machinery (Europe)
*GE Hitachi Nuclear Energy
(co-owned by General Electric
*Hitachi Global Life Solutions - Selling home appliances except audiovisual
-Hitachi Air Conditioning - A/C business majority-owned by Johnson Controls since 2015.
*Hitachi Digital Media Group - Selling electronic products including video projector
s 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
, 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.
Discontinued or divested businesses
* 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 consists of three factories: Kaigan Works, Yamate Works, and Rinkai Works. Yamate Works, the oldest of the three factories, started operation 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
entities from Hitachi Works include Hitachi Cable
(1956) and Hitachi Canadian Industries (1988).
As Hitachi pulled out of MHPS and handed over the control to MHI
, Hitachi Works was also transferred, becoming part of Mitsubishi Power.
Other former businesses Hitachi had had include the following:
** Hitachi T.2
* Aircraft Engines
** Hitachi Hatsukaze
** Ships - Business merged with the shipbuilding operation of NKK corporation
to form Universal Shipbuilding Corporation
and LCD Television
s - Ceased production
** Small LCDs - Divested to be part of Japan Display
s - Sold to Maxell
* Memory chips - Spun off to be part of Elpida Memory
*System LSIs - Spun off to be part of Renesas Technology
* Personal computers
- Ceased production
* Mobile phones - Merged with Casio
's cellphone manufacturing business, then absorbed into NEC Mobile Communications
* 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
** Chemical vapor deposition
s (Hitachi Koki) - Sold to KKR and renamed Hikoki
* Car navigation system
(Clarion) - Sold to Faurecia
* Wind turbine
s - Ceased production
* Chemical products
(Hitachi Chemical) - Sold to Showa Denko
and renamed Showa Denko Materials
* Medical diagnostic equipment
- Sold to Fujifilm
* Thermal power generation system
Hitachi Power Systems) - Shares held by Hitachi transferred to Mitsubishi
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
, the Indonesian Christian University
, Padjadjaran University
, General Soedirman University
University in Malang
* ATM Industry Association (ATMIA)
Category:Japanese companies established in 1910
Category:Aircraft engine manufacturers of Japan
Category:Audio equipment manufacturers of Japan
Category:Companies listed on the Tokyo Stock Exchange
Category:Companies listed on the Nagoya Stock Exchange
Category:Companies formerly listed on the New York Stock Exchange
Category:Computer security companies
Category:Conglomerate companies of Japan
Category:Consumer electronics brands
Category:Defense companies of Japan
Category:Display technology companies
Category:Electrical engineering companies of Japan
Category:Electrical wiring and construction supplies manufacturers
Category:Electronics companies of Japan
Category:Equipment semiconductor companies
Category:Home appliance manufacturers of Japan
Category:Heating, ventilation, and air conditioning companies
Category:Robotics in Japan
Category:Military vehicle manufacturers
Category:Mobile phone manufacturers
Category:Multinational companies headquartered in Japan
Category:Nuclear technology companies of Japan
Category:Power tool manufacturers
Category:Public safety communications
Category:Rail infrastructure manufacturers
Category:Robotics companies of Japan
Category:Rolling stock manufacturers of Japan
Category:Conglomerate companies established in 1910
Category:Wind turbine manufacturers
Category:Steam turbine manufacturers
Category:Mining equipment companies
Category:Manufacturing companies established in 1910
Category:Electronics companies established in 1910