Hitachi Ltd.

Company Snapshot

Founded: 1910
Entity Type: Public
Employees: 268655
Region: Japan
Revenue: $67,410.3 Millions
Revenue Year: 2023
Headquarter: Tokyo, Japan
Key Geographics: Japan, Asia, North America, Europe
Corporate Address: 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo 100-8280, Japan Tel. +81-3-3258-1111 www.hitachi.com

Company Overview

Hitachi Ltd. is a prominent global electronics company with a diverse presence in information technology, electronics, power systems, social infrastructure, industrial systems and construction machinery.

The company began working with industrial robotic technology in the 1960s and displayed early computer-controlled domestic robots in the 1970s. It has developed a wide range of robots for various applications by leveraging its expertise in operational technologies (OT). Around 2003, it started working with AI for autonomous movement for the purpose of making logistics more efficient. That work culminated in 2009 with the commercialization of an autonomous automatic guided vehicle that can move without reading white lines or similar artificial markers, instead of creating its own maps.

The company acquired Kyoto Robotics, a Japan- based startup company for intelligent robotic systems in April 2021, to provide one-stop and speedy robotic for an entire automated line in the fields of logistics and factory automation.

Financial Highlights (FY 2023)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Hitachi Ltd. In Reports

Smart Transportation: Technologies and Markets

BCC Research Market Analyst says global smart transportation market was valued at $152.6 billion in 2023. The market is expected to grow from $181.7 billion in 2024 to $484.5 billion by 2029.

Microscopy: The Global Market

BCC Research Report: Dive into microscopy market estimates, data has been provided for 2021, 2022, and 2023 as the base year, 2024, and a forecast for 2029.

Robotics: Technologies and Global Markets

BCC Research Market Analyst says global market for robotics was valued at $67.9 billion in 2023. The market is expected to grow from $78.4 billion in 2024 to $165.2 billion by the end of 2029 at a CAGR of 16.1%.

Company's Business Segments

  • Digital Systems & Services : Cloud Services Platforms , Digital Engineering , Financial Institutions, Social Infrastructure Systems, Hitachi Systems, Hitachi Solutions
  • Green Energy & Mobility : Nuclear Energy, Power Grids, Hitachi Power Solutions, Railway Systems
  • Connective Industries : Building Systems, Hitachi Global Life Solutions, Hitachi High-Tech, Industrial Digital, Water & Environment, Hitachi Industrial Products, Hitachi Industrial Equipment Systems
  • Automotive systems : The Automotive Systems business provides High-efficiency Power Train Systems, Advanced Chassis, Autonomous Driving, Advanced Driver-assistance systems, Integrated Electronic Control Platform, supporting progress in Software-Defined Vehicles (SDV) and also provides systems for motorcycles.
  • Others : Other products and services including Property Management are provided in this segment.

Applications/End User Industries

  • Digital Transformation
  • Renewable Energy
  • Electric Vehicles
  • Industrial Automation
  • Automotive Components
  • Electronics
  • Internet of Things (IoT)
  • Digital Solutions
  • Digital Services
  • Software Development Companies
  • IT Consulting
  • Energy Friendly Solution Companies
  • Environmentally Friendly Companies
  • Transportation Technologies
  • Safety Features For Vehicles
  • Sustainable Mobility Solutions
  • Engines