Hitachi, Ltd. Decides to Suspend New Nuclear Power Stations Project in the U.K
January 17, 2019 at 05:00 am EST
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Hitachi, Ltd. announced that at the Board of Directors meeting the company decided to suspend it's new nuclear power stations project in the U.K. Since Hitachi acquired Horizon Nuclear Power Limited in 2012, the company has been making utmost efforts to supply clean energy which does not emit CO2 by constructing nuclear power stations with 2 units of ABWR, Advanced Boiling Water Reactor, which complies with the U.K. regulations and cost requirements, the reactor which has an extensive construction and operation track record in Japan.
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%).