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Hitachi Group

Hitachi, Ltd.
株式会社日立製作所
Public kabushiki gaisha ("stock company")
Traded as :
TOPIX Core 30 Component
Industry Conglomerate
Founded 1910; 107 years ago (1910)
Hitachi, Ibaraki, Japan
Founder Namihei Odaira
Headquarters Chiyoda, Tokyo, Japan
Area served
Worldwide
Key people
Hiroaki Nakanishi
(Chairman)
Toshiaki Higashihara
(President and CEO)
Products
Services
Revenue Decrease¥9.162 trillion (2017)
Increase¥541.4 billion (2017)
Profit Increase¥231.2 billion (2017)
Total assets Decrease¥9.663 trillion (2017)
Total equity Increase¥2.967 trillion (2017)
Number of employees
303,887 (2017)
Website www.hitachi.com

Hitachi, Ltd. (株式会社日立製作所, Kabushiki-gaisha Hitachi Seisakusho) (Japanese pronunciation: [çiꜜtatɕi]) is a Japanese multinational conglomerate company headquartered in Chiyoda, Tokyo, Japan. It is the parent company of the Hitachi Group (Hitachi Gurūpu) and forms part of the DKB Group of companies. Hitachi is a highly diversified company that operates eleven business segments: Information & Telecommunication Systems, Social Infrastructure, High Functional Materials & Components, Financial Services, Power Systems, Electronic Systems & Equipment, Automotive Systems, Railway & Urban Systems, Digital Media & Consumer Products, Construction Machinery and Other Components & Systems.

Hitachi is listed on the and is a constituent of the Nikkei 225 and TOPIX indices. It is ranked 38th in the 2012 Fortune Global 500 and 129th in the 2012 Forbes Global 2000. On January 21, 2014, numerous tech articles around the globe published findings from the cloud storage provider Backblaze that Hitachi hard disks are the most reliable among prominent hard disk manufacturers.

Hitachi was founded in 1910 by electrical engineer Namihei Odaira in Ibaraki Prefecture. The company's first product was Japan's first 5-horsepower induction motor, initially developed for use in copper mining. Odaira's company soon became the domestic leader in electric motors and electric power industry infrastructure.

The company began as an in-house venture of Fusanosuke Kuhara's mining company in Hitachi, Ibaraki. Odaira moved headquarters to Tokyo in 1918. Long before that, he coined the company’s toponymic name by superimposing two kanji characters: hi meaning “sun” and tachi meaning “rise”. The young company's national aspirations were conveyed by its original brand mark, which evoked Japan's imperial rising sun flag.


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