Business description: Hitachi, Ltd.

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: 268,655

Sales by Activity: Hitachi, Ltd.

Fiscal Period: March20202021202220232024

Connective Industries

- - - 2,975B 3,058B

Green Energy & Mobility

- - - 2,493B 3,052B

Company-Wide and Elimination

-813B - -715B -692B -652B

Digital System & Service

2,099B 2,049B 2,154B 2,389B 2,599B

Automotive Systems

- - 1,598B 1,920B 1,164B

Other

485B 449B 456B 473B 508B

Hitachi Chemical

631B - - - -

Hitachi Metals

881B 762B 943B 848B -

Hitachi High-Tech

695B - - - -

Smart Life (Inclu. Hitachi High-Technologies)

- 2,240B - - -

Smart Life (Excl. Automotive Systems)

- - 1,029B - -

Life

1,473B - - - -

Mobility

1,144B 1,200B 1,426B - -

Industry

841B 830B 901B - -

Energy

399B 1,108B 1,448B - -

Hitachi Construction Machinery

931B 813B 1,025B 475B -
See all business segments

Geographical breakdown of sales: Hitachi, Ltd.

Fiscal Period: March20202021202220232024

Japan

4,559B 4,190B 4,855B 4,118B 3,773B

Asia

1,753B 1,920B 2,547B - 2,152B

North America

1,140B 1,135B 1,560B - 1,583B

Europe

877B 960B 1,307B 1,536B 1,551B

Other

438B 524B 710B 714B 670B

United States of America

- - - 1,733B -

North America (Excl. United States of America)

- - - 145B -

Asia (Excl. China)

- - - 1,290B -

China

- - - 1,345B -

Corporate Items and Eliminations

- - -715B - -
See all geographic segments

Managers: Hitachi, Ltd.

Director TitleAgeSince
Chief Executive Officer 68 2022-03-31
Chief Tech/Sci/R&D Officer 57 2020-03-31
Chief Tech/Sci/R&D Officer 59 2021-06-22
Human Resources Officer 55 2023-03-31
Corporate Officer/Principal - 2022-03-31
See HITACHI, LTD. governance

Members of the board: Hitachi, Ltd.

Manager TitleAgeSince
Director/Board Member 67 2014-05-31
Director/Board Member 68 2021-05-31
Director/Board Member 52 2015-05-31
Director/Board Member 72 2016-05-31
Director/Board Member 68 2023-05-31
Chairman 74 2018-05-31
Director/Board Member 65 2018-05-31
Director/Board Member 61 2020-06-30
Director/Board Member 62 2020-06-30
Chairman 69 2021-05-11
Composition of the Board of Directors

Shareholders: Hitachi, Ltd.

NameEquities%Valuation
BlackRock Fund Advisors
3.338 %
154,786,595 3.338 % 3 866 M ¥
Nippon Life Insurance Co.
2.157 %
100,000,495 2.157 % 2 498 M ¥
BlackRock Japan Co. Ltd.
2.152 %
99,787,000 2.152 % 2 492 M ¥
Hitachi Group Employees Stock Ownership Plan
1.895 %
87,843,370 1.895 % 2 194 M ¥
45,854,408 0.9890 % 1 145 M ¥
NameEquities%Valuation
Moody, Lynn, Lieberson & Walker LLC
0.006504 %
150,785 0.006504 % 8 M ¥
Ramirez Asset Management, Inc.
0.003815 %
88,431 0.003815 % 4 M ¥
Banca Passadore & C SpA
0.002619 %
60,714 0.002619 % 3 M ¥
Yousif Capital Management LLC
0.001541 %
35,722 0.001541 % 2 M ¥
RhumbLine Advisers LP
0.001410 %
32,697 0.001410 % 2 M ¥
List of HITACHI, LTD. shareholders

Holdings: Hitachi, Ltd.

NameEquities%Valuation
31,786,25675.00%4,502,939,244 $
54,062,00025.13%1,215,976,560 $
45,854,4080.99%1,145,253,275 $
4,500,0000.44%92,495,925 $
597,6000.76%35,183,138 $
900,0000.05%28,458,900 $
1,286,9000.40%26,614,585 $
3,000,0000.06%25,798,170 $
3,000,0000.37%24,979,200 $
887,0004.07%9,213,438 $

Company details: Hitachi, Ltd.

Hitachi Ltd.

1-6-6 Marunouchi Chiyoda-Ku

100-8280, Tokyo

+81 3 3258 1111

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

Group companies: Hitachi, Ltd.

NameCategory and Sector
Electronics/Appliances
Electrical Products
Finance/Rental/Leasing
ABB SRL
Industrial Machinery
ABB Power Grids France SAS
See all subsidiaries

Sector

This company's sector is not yet available
Trading Rating
Investor Rating
ESG Refinitiv
B+
surperformance-ratings-light-chart HITACHI-LTDMore Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
15
Last Close Price
4,043.00JPY
Average target price
4,509.83JPY
Spread / Average Target
+11.55%
Consensus

Quarterly revenue - Rate of surprise