Company Hitachi, Ltd.

Equities

6501

JP3788600009

Consumer Goods Conglomerates

Market Closed - Japan Exchange 01:00:00 2023-12-07 am EST Intraday chart for Hitachi, Ltd. 5-day change 1st Jan Change
10,110 JPY -2.74% +1.05% +51.10%

Business Summary

Hitachi specializes in manufacturing and marketing of electronic and industrial equipments. Net sales (including intragroup) break down by family of products and services as follows:

- social infrastructure and industrial systems (24.7%): elevators, escalators, industrial facilities, railway systems, power generation units, etc. The group also provides engineering and construction of nuclear, hydroelectric, and thermal power plants services;

- information and telecommunications products and services (20.1%): systems integration, cloud computing, software, servers, hard disks, PCs, ATMs, data communication base stations, payment terminals, etc.;

- materials and components (16.6%): semi-conductor materials, printed circuit cards, cables, copper and forged steel products, magnetic materials, organic and inorganic chemical products, etc.;

- construction equipment (10%) : hydraulic excavators, wheel loaders, mining equipment, etc.;

- automotive systems (9.4%): powertrain systems, control systems, etc.;

- electronic products (9.2%): fiber-optic components, screen tubes, testing and measurement equipment, medical equipment, equipment for manufacturing semiconductors, etc.;

- household appliances (4.7%): heating and air conditioning equipments, refrigerators, washing machines, etc.;

- other (5.3%): mainly transport, financial and logistical services.

Net sales are distributed geographically as follows: Japan (49.2%), Asia (21.3%), North America (12.7%), Europe (10.8%) and other (6%).

Number of employees : 322,525

Sales per Business

JPY in Million2022Weight2023Weight Delta
Connected Industries
25.4 %
- - 2,759,660 25.4 % -
Green Energy & Mobility
22.4 %
- - 2,432,204 22.4 % -
Digital Systems & Services
20.4 %
1,988,339 19.4 % 2,217,973 20.4 % +11.55%
Automotive System
17.6 %
1,591,093 15.5 % 1,915,254 17.6 % +20.37%
Hitachi Metals
7.6 %
915,250 8.9 % 825,588 7.6 % -9.80%
Hitachi Construction Machinery
4.4 %
1,022,793 10.0 % 474,168 4.4 % -53.64%
Other
2.2 %
223,401 2.2 % 238,631 2.2 % +6.82%
Corporate and Elimination
0.2 %
10,465 0.1 % 17,672 0.2 % +68.87%

Sales per region

JPY in Million2022Weight2023Weight Delta
Japan
37.8 %
4,187,077 40.8 % 4,118,244 37.8 % -1.64%
United States
15.9 %
1,411,681 13.8 % 1,732,535 15.9 % +22.73%
Europe
14.1 %
1,299,413 12.7 % 1,535,948 14.1 % +18.20%
China
12.4 %
1,331,618 13.0 % 1,345,223 12.4 % +1.02%
Asia
11.9 %
1,183,225 11.5 % 1,289,891 11.9 % +9.01%
Other Regions
6.6 %
708,127 6.9 % 713,852 6.6 % +0.81%
North America
1.3 %
143,461 1.4 % 145,457 1.3 % +1.39%

Managers

Managers TitleAgeSince
Chief Executive Officer 67 1982
Director of Finance/CFO 67 2015
Chief Tech/Sci/R&D Officer 58 2015
Chief Tech/Sci/R&D Officer 62 1986
Director/Board Member 66 1979
Director/Board Member 68 2011
Investor Relations Contact - -
Public Communications Contact 62 1983
Sales & Marketing 59 1987
Comptroller/Controller/Auditor 62 1987

Members of the board

Members of the board TitleAgeSince
Director/Board Member 64 2018
Director/Board Member 67 2013
Director/Board Member 66 2014
Director/Board Member 68 2011
Director/Board Member 60 2020
Director/Board Member 61 2020
Chairman 73 2018
Director/Board Member 71 2016
Chief Executive Officer 67 1982
Director/Board Member 66 1979

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 938,241,277 885,635,753 ( 94.39 %) 11,434,907 ( 1.219 %) 94.39 %

Shareholders

NameEquities%Valuation
Nomura Asset Management Co., Ltd.
3.793 %
35,163,199 3.793 % 2 200 M ¥
The Vanguard Group, Inc.
3.310 %
30,691,210 3.310 % 1 921 M ¥
Norges Bank Investment Management
2.624 %
24,329,758 2.624 % 1 522 M ¥
Nippon Life Insurance Co.
2.157 %
20,000,099 2.157 % 1 252 M ¥
Hitachi Group Employees Stock Ownership Plan
2.122 %
19,674,086 2.122 % 1 231 M ¥
Daiwa Asset Management Co. Ltd.
1.725 %
15,996,099 1.725 % 1 001 M ¥
Fidelity Management & Research Co. LLC
1.378 %
12,778,393 1.378 % 800 M ¥
Massachusetts Financial Services Co.
1.243 %
11,527,181 1.243 % 721 M ¥
MFS International (UK) Ltd.
1.161 %
10,763,600 1.161 % 674 M ¥
Geode Capital Management LLC
0.6560 %
6,082,064 0.6560 % 381 M ¥
NameEquities%Valuation
Dimensional Fund Advisors LP
0.5814 %
2,695,496 0.5814 % 337 M ¥
MFS Investment Management Canada Ltd.
0.3032 %
1,405,748 0.3032 % 176 M ¥
Fisher Asset Management LLC
0.2192 %
1,016,402 0.2192 % 127 M ¥
Todd Asset Management LLC
0.0348 %
161,355 0.0348 % 20 M ¥
The Renaissance Group LLC
0.0113 %
52,317 0.0113 % 7 M ¥
T. Rowe Price Associates, Inc. (Investment Management)
0.0111 %
51,229 0.0111 % 6 M ¥
Teachers Retirement System of the State of Kentucky
0.007981 %
37,000 0.007981 % 5 M ¥
Ramirez Asset Management, Inc.
0.004032 %
18,691 0.004032 % 2 M ¥
Envestnet Asset Management, Inc.
0.003804 %
17,637 0.003804 % 2 M ¥
Victory Capital Management, Inc. (Investment Management)
0.003026 %
14,027 0.003026 % 2 M ¥

Holdings

NameEquities%Valuation
31,786,256 75.00% 1,579,487,033 $
54,062,000 25.13% 1,375,065,889 $
2,310,000 8.35% 4,469,157 $
1,000,000 7.04% 5,011,720 $
830,000 6.59% 5,688,795 $
520,000 4.09% 7,210,538 $
887,000 4.07% 7,139,578 $
59,152,000 4.03% 386,248,364 $
61,990,548 3.17% 800,439,313 $
300,000 1.67% 818,118 $

Company contact information

Hitachi Ltd.

1-6-6 Marunouchi Chiyoda-Ku

100-8280, Tokyo

+81 3 3258 1111

http://www.hitachi.co.jp
address Hitachi, Ltd.(6501)

Group companies

NameCategory and Sector
Hitachi Rail STS USA, Inc.
Transportation - Railroads
Hitachi International Treasury Ltd.
Commercial Services - Miscellaneous Commercial Services
Electronic Technology - Semiconductors
Producer Manufacturing - Industrial Machinery
Hitachi Energy Sweden AB
Producer Manufacturing - Electrical Products
Hitachi Rail STS France SAS
Electronic Technology - Computer Communications
Hitachi Construction Machinery (UK) Ltd.
Distribution Services - Wholesale Distributors
Tata Hitachi Construction Machinery Co. Pvt Ltd.
Producer Manufacturing - Trucks/Construction/Farm Machinery
Hitachi Channel Solutions, Corp.
Electronic Technology - Computer Peripherals

Sales per Business

Sales per region

Trading Rating :
Investor Rating :
ESG Refinitiv :
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
15
Last Close Price
10,395JPY
Average target price
11,286.67JPY
Spread / Average Target
+8.58%
Consensus
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