Hitachi

Hitachi is a Japanese multinational corporation headquartered in Chiyoda Tokyo Japan. So it is the parent company of the Hitachi Group and was part of the Nissan group of companies. Moreover as of 2020 Hitachi will operate businesses ranging from information technology. Including artificial intelligence and data to infrastructure.

About Hitachi

• The Hitachi Group is a Japanese multi-business corporation headquartered in Tokyo. The company was founded in 1910 by electrical engineer Niihi Odera.
• The company’s first product was the 5-horsepower induction motor. Then it was developed from copper mining. But soon it became the most prominent company in the production of electric motors.
• The company achieved revenues of $99 billion in 2009. Then the company was registered worldwide in the year 1920.
• Hitachi Ltd. the parent company of the Hitachi Group and part of the DKB group of companies is a highly diversified telecommunications company with a business line: Information and Communication Systems. I also worked in social infrastructure materials and high functions
• Certainly financial services energy systems and electronic systems companies have been listed on the Tokyo Stock Exchange. It also ranked 38 in the world in 2012 in the Nikkei 225 and TOPIX indices.

Hitachi’s history

• Hitachi was founded in Ibaraki Prefecture in 1910 by Niihi Odera chief electrical engineer at Hitachi.
• The company’s first product was Japan’s first induction motor with a capacity of 4 kW (5 HP). which was originally developed for copper extraction.
• The company began as a family owned mining company in Hitachi City Ibaraki Prefecture. Oderalso moved its headquarters to Tokyo in 1918.
• Odera came up with the company’s name. By combining two kanji characters: “he” meaning sun and “tashi” meaning rising.
• World War II had a huge impact on the company. Many of the company’s factories were destroyed by Allied bombing raids after the war.
• But the founder Odera was fired from the company and then Hitachi Sozen was dismissed.
• In 1950 Hitachi’s post-war reconstruction efforts were frustrated by a strike. Before that Hitachi went public in 1949.
• Then Hitachi America was founded in 1959. Hitachi Europe Ltd. was also founded in 1982.
• Hitachi lost $12.5 billion from 2006 to 2010 the largest loss in Japanese corporate history. This prompted Hitachi to restructure and sell off some divisions and companies a process expected to be completed in 2021.
• In March 2011 Hitachi agreed to sell its subsidiary Hitachi Global Warehousing to Western Digital for $4.3 billion in cash and stock.
• Hitachi’s 3.5-inch hard disk division was sold to Toshiba amid monopolies of Western Digital and C-Tech by the European Commission and the Federal Trade Commission. The transaction was completed in March 2012.
• In January 2012 Hitachi announced that it would stop producing televisions in Japan.
• In September 2012. Hitachi announced that it has created a method for long-term data retention using quartz glass that can retain information for millions of years.

Hitachi and Mitsubishi Heavy Industries to merge thermal power generation business

• In October 2012 Hitachi agreed to buy UK-based nuclear power company Horizon which plans to build up to six nuclear power plants in the UK for £700m.
• In November 2012. Hitachi and Mitsubishi Heavy Industries agreed to combine thermal power generation business into a joint venture. Where Mitsubishi owns 65% of the shares and Hitachi 35% the project started operations in February 2014.
• In October 2015 Hitachi and Johnson Controls completed a deal to acquire a joint venture to acquire Hitachi’s HVAC business.
• Then Hitachi retained a 40% stake in Johnson Controls-Hitachi Air Conditioners.
• In May 2016 Hitachi announced that it would invest $2.8 billion in its Internet of Things business.
• But after the 2011 Fukushima Daiichi nuclear disaster and the prolonged temporary shutdown of most Japanese nuclear power plants
• Hitachi’s nuclear business became unprofitable and in 2016 Hitachi CEO Toshiaki Higashihara stated that Japan should consider merging several competing nuclear companies.
• In 2016 Hitachi wrote off about 65 billion yen worth of its joint venture with GE’s SILEX technology for laser enrichment.
• In February 2017 Hitachi and Hondannounced a partnership to develop manufacture and sell electric vehicle motors.
• On March 14 2018 ZoomDatannounced a partnership with Hitachi Software. This to help develop the big data market in Japan.
• In December 2018 Hitachi announced the acquisition of ABB’s Electric Networks Division. $6.4 billion.

Private equity firm KKA

• In 2017 the semiconductor equipment division of Hitachi Kokusai itself a subsidiary of Hitachi was acquired by private equity firm KKA. In order to become Kokusai Electric.
• In 2019 Applied Materials announced that it would acquire Kokusai from KKR for $2.2 billion.
• From 2008 to 2018 Hitachi reduced the number of group companies and subsidiaries listed in Japan from 22 to 4 and from 400 to 202 respectively. Through restructuring and sales.
• The company plans to become an expert information technology and infrastructure maintenance in the near future.
• In 2019 Hitachi sold its medical imaging business to Fujifilm for $1.7 billion.
• Shu wa Denko acquired Hitachi Chemicals from Hitachi and other shareholders for $42.97 per share. During this time Hitachi Chemical Company was considered the basic unit of the group.

Hitachi Metal Co. Ltd

• Hitachi also suspended development of the EPWR by its UK subsidiary Horizon Nuclear. Because it did not prove “economic rationality as a private enterprise”.
• In October 2019 it was reported that Hondand Hitachi were negotiating to merge the auto parts businesses of the two companies. This to form a parts supplier with annual sales of nearly 17 billion US dollars making it the second largest auto parts company in Japan.
• The company then retained control of the new company with a 67 percent stake.
• In September 2020 the company withdrew its plan to build nuclear power plants in Gloucestershire and Wales due to funding problems caused by the COVID-19 pandemic.
• But in November 2020 it announced that Hitachi Metal Co. Ltd. and Hitachi Machine Co. Ltd. would be spun off from the group by reducing their holdings.
• On December 13 2020 Nikkei Shimbun announced that Hitachi intends to sell its overseas home appliance business to Archelik for approximately US$300 million to be jointly managed.

Hitachi products and services

• Household appliances and audio-visual products.
• energy
• industry
• Construction machinery and equipment
• Medical pharmaceutical and health equipment
• Information Technology
• Elevators and escalators
• Transportation
• Electronic devices and electrical connectors
• Various materials and supplies.

Hitachi Automotive Systems Works

• Automotive information systems
• Driving control
• electric powertrain systems
• Engine management systems

Hitachi Automotive Systems Works Construction machinery

Hitachi Automotive Systems Works Construction machinery defense systems

• military vehicles
• Vetronics
• Crisis Management
• C4I systems
• Satellite image processing systems
• Employee Social Infrastructure Security (in coordination with Hitachi Infrastructure Systems Group)
• Electric drive technology
• Electromechanical systems. For example research and development in the field of robotics.

Hitachi Automotive Systems Works Construction machinery defense systems Digital media and consumer products

• Air conditioning equipment – joint venture with Johnson Controls
• Hitachi magic wand
• Optical Drives – Joint venture with LG’s optical drive division Hitachi-LG for data storage
• Refrigerators
• washing machines

Electronic systems and equipment

• Test and measurement equipment
• Particle handling equipment
• Cell culture equipment

Hitachi Automotive Systems Works Construction machinery defense systems Digital media and consumer products financial services

• Leasing
• Loan guarantees
• Invoice Financing (via Hitachi Capital Business)
• Consumer financing (personal and retail)
• Business finance

Hitachi Automotive Systems Works Construction machinery defense systems Digital media and consumer products financial services Consumables

• custom steel
• Wires and cables

Hitachi Automotive Systems Works Construction machinery defense systems Digital media and consumer products financial services Consumables Information and communication systems

• ATM machines
• servers
• Disk subset systems
• Data storage
• Hitachi Fantara
• The Internet of things
• Hitachi Lomada
• Central computer operating system
• software
• Outsourcing services
• Telecommunications equipment

Hitachi Automotive Systems Works Construction machinery defense systems Digital media and consumer products financial services Consumables Information and communication systems power systems

• Nuclear thermal and hydroelectric power stations
• Wind power generation systems
• electricity networks

Hitachi Automotive Systems Works Construction machinery defense systems Digital media and consumer products financial services Consumables Information and communication systems power systems Social infrastructure and industrial systems

• Elevators
• Escalators
• Industrial machines and installations
• Rail vehicles and systems
• hitachi train
• Logistics services (through the company’s transportation system)
• Properties Management

Hitachi subsidiaries

Hitachi Vantra

• Hitachi Vantra wholly owned subsidiary of Hitachi Corporation provides hardware software and services to help companies manage their digital data.
• its main products. Such as Virtual Storage Platform for Enterprise Data Storage and Hitachi Unified Storage for large organizations. In addition to Hitachi Storage for small and medium enterprises Hitachi Content Platform Archive and Cloud Hitachi Command Suite for storage management Hitachi Chrokobi for remote replication and Hitachi Universal Repeater. Also Hitachi NAS platforms.
• As of September 19 2017 HDS is part of Hitachi Vantra new company that unites Pentaho Hitachi Data Systems and Hitachi Insight Group.
• The Hitachi Data Systems HDS name and logo are no longer used in the market. Hitachi Consulting a technology and management consulting firm based in Dallas Texas merged with Hitachi Vantara in 2019.

Hitachi Metal Corporation

• Hitachi Metals or Hitachi Metals provides materials for aircraft engines and airframe components. In addition to materials components and tools for the automotive and electronics industries.
• Among Hitachi Metal’s facilities the Tatara plant is one of the oldest foundries in Japan. Hitachi Metals will also be sold as part of the restructuring plan being implemented by the Hitachi Group as of September 2020.

Hitachi Real

• Hitachi Rail or Hitachi Rail is the manufacturing division of the company’s railway equipment. Also the Railways Department delivered 120 train cars between 1984 and 1988.
• Hitachi then sells a multi-use train called the A-Train which uses a friction-welded double-skin aluminum frame.
• On February 24 2015 Hitachi agreed to acquire Italian railway manufacturer Ansaldo Breda and acquire Leonardo’s stake in Leonardo’s railway signaling division Ansaldo STS.
• The acquisition was completed later that year. And at that time. Then the name of the company was changed to Hitachi Rail Italia. Since then the company has acquired a majority stake in Ansaldo.
• Then Hitachi Monorail builds the monorail systems and has built 10 systems so far.
• But in July 2020 Hitachi signed an exclusive agreement with UK-based lithium battery company HyperDrive to bring battery-powered trains to the country.

Hitachi works

• The company’s business consists of three factories: Kaigan Works Yamati Works and Renkai Works.
• The Yamanote Factory the oldest of the three Wasit was also founded in 1910 by Bobo Kodairas a factory for the manufacture and repair of electrical equipment.

other affiliated companies

• Hitachi Hi-Tech Hitachi Vehicle Systems Hitachi Nuclear Power Corporation (owned by General Electric)
• But Hitachi Global Living Solutions or Hitachi Living Solutions manufactures household appliances. In addition to air conditioners.
• In addition Hitachi Digital Media Group sells electronic products. Including video projectors under its own brand name.
• But Hitachi Planet Technology or Hitachi Planet Technology designs develops and manufactures. through sales.
• Further to the implementation of industrial and social infrastructure machines mechatronics air conditioning systems industrial facilities and power plant equipment in Asia and internationally.
• Thus Hitachi Communications Technologies Inc. in the United States provides telecom and broadcast television services and products.
• Hitachi Solutions America or Hitachi Solutions America is a systems integration and consulting company with a primary focus on Microsoft Dynamics.
• Ignify a Microsoft Dynamics service provider was then acquired by Hitachi Solutions in December 2015.

Hitachi’s charity