Hitachi

Hitachi is an industrial conglomerate that operates in telecommunications, power systems, industrial systems, transportation and financial services. Read more

33,490 Followers on Owler
33,490 Followers on Owler
33,490 Followers on Owler
33,490 Followers on Owler

Hitachi

Hitachi is an industrial conglomerate that operates in telecommunications, power systems, industrial systems, transportation and financial services. Read more

Toshiaki Higashihara's photo - President & CEO of Hitachi

President & CEO

Toshiaki Higashihara

CEO Approval Rating

65/100

Founded:

1910

Status:

PublicIndependent CompanyTokyo Stock Exchange6501

HITACHI TOP COMPETITORS OR ALTERNATIVES

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GE is seen as one of Hitachi's top competitors. GE was founded in 1892, and is headquartered in Boston, Massachusetts. GE operates in the Renewable Energy Equipment & Services industry. GE generates $892.1M less revenue vs. Hitachi.

Siemens is a top competitor of Hitachi. Siemens was founded in 1847, and its headquarters is in Munich, Bavaria. Siemens competes in the Electrical Components & Equipment industry. Siemens has 8,941 fewer employees than Hitachi.

3M is Hitachi's #3 rival. 3M was founded in Saint Paul, Minnesota} in 1902. 3M is in the Logistics, Wholesalers & Retail Distributors field. Compared to Hitachi, 3M generates $44.1B less revenue.

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Hitachi Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$77.1B

Hitachi's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 56.7B. Over the last two quarters, Hitachi's revenue has grown by 38.9%. Specifically, in Q3 2020's revenue was $20.5B; in Q2 2020, it was $14.8B.

Hitachi Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Kyoto Robotics Corporation

Apr 2021

Source »
undisclosed
Kyoto Robotics is a Japan-based automotive company that manufactures and distributes 3D vision systems, picking robots and related equipment for the logistics industry.
GlobalLogic, Inc.

Mar 2021

Source »
$9.6B
GlobalLogic is a California-based IT services company that offers product engineering and software development services for automotive, retail, financial and media industries.
Yungtay Engineering Co., Ltd.

Oct 2020

Source »
undisclosed
Yungtay is a manufacturer and supplier of escalators and elevators for hotel, residential and healthcare sectors.
JR Automation

Apr 2019

Source »
$1.4B
JR Automation designs and builds automation solutions for aerospace, automotive, life science and construction sectors.

-

Power Grids Business of ABB Ltd

Dec 2018

Source »
$6.8B
-

These are all the companies that Hitachi has acquired. Hitachi has acquired 12 companies and its latest acquisition was Kyoto Robotics Corporation in Apr 2021. Kyoto Robotics is a Japan-based automotive company that manufactures and distributes 3D vision systems, picking robots and related equipment for the logistics industry.

Hitachi Funding History

No recent funding data found related to Hitachi

Hitachi Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Taranis is a precision farming company that offers crop monitoring, accounting and defect prevention solutions for individuals and farmers.
$30M
Jul 20, 2020
Series C
-
Flutura is a provider of big data analytics solutions that helps organizations to manage and optimize their machine performance.
$1M
Mar 19, 2018
Equity
-
Enechange is an energy price comparison portal for electricity retail to small-scale end users.
$3.5M
Jan 31, 2016
Equity
Dec 23, 2020
The Fabric is a business accelerating firm that co-creates, funds and develops cloud and Internet-of-Things companies.
$10.5M
Oct 10, 2013
Unattributed
-
Silver Spring is a developer of Internet of Things platform to connect, optimize and manage smart energy and city infrastructure for utilities and cities.
$30M
Mar 01, 2012
Debt
Sep 01, 2017

These are all the companies that Hitachi has invested in. Hitachi has invested 12 companies and its latest investment was Kyoto Robotics Corporation in Apr 2021. Kyoto Robotics is a Japan-based automotive company that manufactures and distributes 3D vision systems, picking robots and related equipment for the logistics industry.

Hitachi News

May 12, 2021TechGenYZ

Samsung, Sony, Hitachi invested approx $130 M in UK health tech firm Huma

Samsung, Sony, and Hitachi have invested in UK heath tech company Huma Therapeutics Limited in its la... See more »
May 12, 2021UK Tech News

UK's 'hospital at home' startup Huma raises $130M from Bayer and Hitachi

Health and medtech companies were always vital, but they emerged to be one of the most focused segmen... See more »
May 11, 2021Markets Insider

Huma raises $130 million financing to scale its digital health platform for better care and research

The investment arms of leading health and technology companies, Bayer, Hitachi, Samsung, Sony Innovat... See more »
May 11, 2021TechCrunch

Huma, which uses AI and biomarkers to monitor patients and for medical research, raises $130M

While much of the world eagerly watches to see if the vaccination rollout helps curb and eventually s... See more »
May 10, 2021Business Live UK

Hitachi Rail continues investigations into cracks on trains

Trains assembled in County Durham have been withdrawn from services after problems were discovered... See more »
May 7, 2021Rave Publication

Hitachi Launches Hospitality Displays

Hitachi has announced the launch of a line of hospitality displays from 32"-65". When combined with t... See more »
May 6, 2021News Break

Global Automotive Biometric Identification Growth Opportunity 2021 | Estimates Huge Development by - Hitachi Ltd., FUJITSU, Safran - News Break

Global Automotive Biometric Identification Market Research Report provides exclusive information incl... See more »

Hitachi Press Releases

January 28, 2021PR Newswire Asia

Hitachi Elevator Garners Two Government Procurement Awards

The elevator maker cites its efforts at innovation as the key driver in earning the coveted recogniti... See more »
December 4, 2020PR Newswire

Hitachi Vantara Named a Leader in the 2020 Gartner Magic Quadrant for Primary Storage Arrays for Second Consecutive Year

SANTA CLARA, Calif., Dec. 4, 2020 /PRNewswire/ -- Hitachi Vantara, the digital infrastructure and sol... See more »
October 31, 2020StreetInsider

Hitachi Rail and Mitsubishi Corporation to Deliver Metro de Panama's Line 3 worth JPY 92.0 Billion

TOKYO, Oct 30, 2020 - (JCN Newswire) - - Hitachi, Ltd., Hitachi Rail STS S.p.A. (Hitachi Rail) and Mi... See more »
October 16, 2020ACN Newswire

Honda Announces Completion of the Tender Offer for Shares in Keihin, Showa and Nissin

TOKYO, Oct 16, 2020 - (JCN Newswire) - As announced in the press release issued on October 30, 2019, ... See more »
October 15, 2020JCN Newswire

Hitachi Acquired Additional Shares to Hold Majority of Shares of Yungtay, Elevator Company Based in Taiwan

TAIPEI, TAIWAN, Oct 15, 2020 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501) today announced that it acq... See more »
August 10, 2020GlobeNewswire

Hitachi and Bombardier awarded contract to supply 23 very high-speed Frecciarossa trains to Trenitalia for operation by ILSA on routes in Spain

NAPLES, Italy and BERLIN, Aug. 10, 2020 (GLOBE NEWSWIRE) --To view the photo associated with this pre... See more »
June 11, 2020WebWire

Establishment of and Participation in the ESG Disclosure Study Group Comprised of 19 Companies in the Private Sector

Hitachi, Ltd. (TSE: 6501, "Hitachi") today announced that it will take part in the ESG Disclosure Stu... See more »

Social Media

Hitachi Headquarters

6-6, Marunouchi 1-chome

Chiyoda-ku, Tōkyō Prefecture100-8280

81-33-258-1111

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Hitachi Summary

ABOUT

Overview

Hitachi is an industrial conglomerate that operates in telecommunications, power systems, industrial systems, transportation and financial services. Hitachi was founded in 1910. Hitachi's headquarters is located in Chiyoda-ku, Tōkyō Prefecture, JP 100...

CEO

Hitachi's President & CEO, Toshiaki Higashihara, currently has an approval rating of 65%. Hitachi's primary competitors are GE, Siemens & 3M.

Website

hitachi.com

Frequently Asked Questions about Hitachi

  1. When was Hitachi founded?

    Hitachi was founded in 1910
  2. Who is Hitachi's CEO?

    Hitachi's CEO is Toshiaki Higashihara
  3. How much revenue does Hitachi generate?

    Hitachi generates $77.1B in revenue
  4. How much funding does Hitachi have?

    Hitachi has historically raised $0 in funding
  5. Where is Hitachi's headquarters?

    Hitachi's headquarters is in Chiyoda-ku Tōkyō Prefecture, JP
  1. How many employees does Hitachi have?

    Hitachi has 295,941 employees
  2. What sector does Hitachi operate in?

    Hitachi is in Electrical & Electronics goods
  3. Who are Hitachi's competitors?

    Hitachi's top competitors are GE, Siemens, 3M
  4. Who has Hitachi invested in?

    Hitachi's has invested in companies such as Taranis, Flutura, Enechange Co. Ltd.