Last $7.62 USD
Change Today +0.02 / 0.26%
Volume 1.5K
As of 8:10 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

hitachi ltd (HTHIF) Snapshot

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01/15/14 - $8.39
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hitachi ltd (HTHIF) Details

Hitachi, Ltd. manufactures and sells products, and provides services primarily in the segments of information and telecommunication systems, power systems, and social infrastructure and industrial systems in Japan, Asia, North America, and Europe. Its Information and Telecommunication Systems segment provides systems integration, outsourcing services, software, disk array subsystems, servers, mainframes, telecommunications equipment, and ATMs. The company’s Power Systems segment offers thermal, nuclear, and renewable energy power generation systems; and transmission and distribution systems. Its Social Infrastructure and Industrial Systems segment provides industrial machinery and plants, elevators, escalators, and railway systems. The company’s Electronic Systems and Equipment segment offers semiconductor and LCD manufacturing equipment, test and measurement equipment, medical electronics equipment, and power tools. Its Construction Machinery segment provides hydraulic excavators, wheel loaders, and mining machinery. The company’s High Functional Materials and Components segment offers semiconductor and display-related materials, circuit boards and materials, energy storage devices, specialty steels, magnetic materials and components, casting components and materials, and wires and cables. Its Automotive Systems segment provides engine management systems, electric power train systems, drive control systems, and car information systems. Hitachi’s Digital Media and Consumer Products segment provides air-conditioning equipment, room air conditioners, refrigerators, washing machines, optical disk drives, and flat-panel TVs. The company’s Others (Logistics and Other Services) segment provides logistics, property management, and other services. Its Financial Services segment offers leasing services and loan guarantees. The company was founded in 1910 and is headquartered in Tokyo, Japan.

Founded in 1910

hitachi ltd (HTHIF) Top Compensated Officers

Chairman, Chief Executive Officer, Representa...
Total Annual Compensation: ¥173.0M
Compensation as of Fiscal Year 2014.

hitachi ltd (HTHIF) Key Developments

Agency for Science, Technology and Research, Hitachi and Building and Construction Authority Jointly Commissioned Advanced Combined Heat and Power Pilot Plant

The Agency for Science, Technology and Research's (A*Star) Experimental Power Grid Centre (EPGC), Hitachi and the Building and Construction Authority (BCA) jointly commissioned an advanced Combined Heat and Power (CHP) pilot plant to conduct further research focused on powering cities more sustainably. The EPGC is a research and development programme under A*Star. The CHP plant's research is funded by A*Star-Ministry of National Development Green Building Joint Grant call. The newly completed CHP plant will be used to harness waste heat generated from the EPGC building's embedded generation which provides it with electrical power. The waste heat - which will normally be discharged into the environment - will be transformed into viable energy to power air-conditioning systems. This can increase energy efficiency by up to 33%. Most buildings in Singapore have not adopted the CHP system as they mostly obtain their electrical power straight from the power grid instead of their own embedded generators. The advanced CHP plant will soon hit the market as Hitachi has outlined its plans to commercialise the CHP system, particularly in South-east Asia, in 2015.

Bombardier And Hitachi Are Reportedly Two Frontrunners To Buy AnsaldoBreda

Bombardier Inc. (TSX:BBD.B) and Hitachi Ltd. (TSE:6501) are the two frontrunners to buy Finmeccanica SpA's (BIT:FNC) rail subsidiaries, several sources close to the auction process said. Finmeccanica has been trying to sell AnsaldoBreda S.p.A. together with its profitable rail signals business Ansaldo STS SpA (BIT:STS) for three years, to help reduce net debts of $6.4 billion. The sources said Bombardier and Hitachi are expected to bid for Finmeccanica's rail businesses ahead of an August 29, 2014 deadline. Three other groups are also expected to bid. A spokesman for Finmeccanica, which is being advised on the sale by Mediobanca and UBS, said the process remained open and offers needed to reflect the value of the assets and guarantee investment and development prospects. The sources close to the auction process, who declined to be named because the talks are private, said Bombardier and Hitachi had the most overlap with train builder AnsaldoBreda. Several sources said Bombardier was well-placed to win because it already works with AnsaldoBreda. Representatives of Bombardier and Hitachi declined to comment.

Five Likely To Bid fo Finmeccanica SpA's Rail Subsidiaries

Bombardier Inc. (TSX:BBD.B) and Japanese industrial giant Hitachi Ltd. (TSE:6501) are the two front-runners to buy Finmeccanica SpA's (BIT:FNC) rail subsidiaries, several sources close to the auction process said. Finmeccanica has been trying to sell its cash strapped train division AnsaldoBreda S.p.A together with its profitable rail signals business Ansaldo STS Spa (BIT:STS) for three years. The sources said Bombardier and Hitachi are expected to bid for the Italian group's rail businesses ahead of an August 29, 2014 deadline. Three other groups, Thales SA (ENXTPA:HO); Hitachi Ltd. (TSE:6501), Construcciones y Auxiliar de Ferrocarriles, S.A. (CATS:CAF and China CNR Corporation Limited (SHSE:601299), in tandem with its partner Insigma Technology Co., Ltd. (SHSE:600797) are also expected to bid.


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