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Producer Manufacturing

Hitachi Ltd.

  • 3,387.00 JPY
  • +21.00
  • +0.62%
  • Japan
    Nov 16, 2018
  • Ticker
    TKS(6501)
  • Prev. close
    3,366
  • Market cap (JPY)
    3,253.88B
  • Market cap (USD)
    28,696.42M
  • Shares
    966.69M

Business Summary

Hitachi Ltd. engages in the manufacture and sale of electrical equipment. It operates through the following segments: Information and Telecommunication Systems; Social Infrastructure and Industrial Systems; Electronic Systems and Equipment; Construction Machinery; High Functional Materials and Components; Automotive Systems; Smart Life and Ecofriendly Systems, Others, and Financial Services. The Information and Telecommunication Systems segment offers systems integration, outsourcing services, software, disk array subsystems, servers, mainframes, telecommunications equipment, and automated teller machine (ATM) services. The Social Infrastructure and Industrial Systems segment provides infrastructure products and services, industrial equipment, and energy-saving solutions that help to reduce environmental impact and promote urban development. The Electronic Systems and Equipment segment manufactures semiconductor, liquid crystal display (LCD), test and measurement equipment, medical electronics equipment, power tools, and electronic parts manufacturing systems. The Construction Machinery segment offers products for civil engineering and construction, building and structural demolition, mining and excavation such as hydraulic excavators, wheel loaders, and mining dump trucks. The High Functional Materials and Components segment produces wires and cables, semiconductor and display-related materials, circuit boards and materials, specialty steels, magnetic materials and components, and high grade casting components and materials. The Automotive Systems segment offers engine management systems, electric power train systems, drive control systems, and car information systems. The Smart Life and Ecofriendly Systems provides energy-efficient home appliances, lighting and housing equipment, refrigerating and air-conditioning solutions. The Others segment offers logistics and property management services. The Financial Services segment deals with leases, loan guarantees and insurance services, and conducts business in the area of securitization. The company was founded by Namihei Odaira in 1910 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2018 JPYUSD
Revenue9,368.61B84,529.54M
Gross Profit2,502.09B22,575.45M
Operating income714,630M6,447.84M
Income before tax638,646M5,762.26M
Net income379,008M3,419.64M
EBITDA1,079.06B9,735.97M
Diluted EPS375.603.38
Dividends Per Share750.67
Total Assets10,106.60B95,031.50M
Total liabilities5,594.93B52,608.65M
Total equity3,278.02B30,822.97M
Operating cash flow727,168M6,560.96M
Currency in JPYCurrency in USD

Historical Data

 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 9,666.44B 9,774.93B 10,034.30B 9,162.26B 9,368.61B
Gross Profit 2,492.69B 2,576.69B 2,575.23B 2,379.58B 2,502.09B
Operating income 593,946M 640,066M 601,372M 587,309M 714,630M
Income before tax 678,498M 518,994M 517,040M 516,277M 638,646M
Net income 420,832M 270,983M 229,236M 237,211M 379,008M
EBITDA 1,049.28B 1,121.08B 1,109.16B 1,002.49B 1,079.06B
Diluted EPS 428.30 225 178.10 239.40 375.60
Dividends Per Share 52.50 60 60 65 75
Total Assets 11,098.19B 12,433.72B 12,551.00B 9,663.91B 10,106.60B
Total liabilities 7,229.36B 8,137.38B 8,425.43B 5,566.92B 5,594.93B
Total equity 2,668.65B 2,942.28B 2,735.07B 2,967.08B 3,278.02B
Operating cash flow 306,777M 451,825M 812,226M 629,582M 727,168M
 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 96,498.95M 88,979.08M 83,560.51M 84,610.54M 84,529.54M
Gross Profit 24,884.31M 23,455.12M 21,445.20M 21,974.71M 22,575.45M
Operating income 5,929.29M 5,826.38M 5,007.91M 5,423.60M 6,447.84M
Income before tax 6,773.36M 4,724.29M 4,305.64M 4,767.65M 5,762.26M
Net income 4,201.11M 2,466.69M 1,908.95M 2,190.56M 3,419.64M
EBITDA 10,474.92M 10,205.01M 9,236.52M 9,257.68M 9,735.97M
Diluted EPS 4.27 2.04 1.48 2.21 3.38
Dividends Per Share 0.52 0.54 0.49 0.60 0.67
Total Assets 107,765.11M 103,679.18M 111,668.71M 86,726.34M 95,031.50M
Total liabilities 70,198.18M 67,853.94M 74,962.71M 49,958.91M 52,608.65M
Total equity 25,913.06M 24,534.34M 24,334.51M 26,627.34M 30,822.97M
Operating cash flow 3,062.51M 4,112.86M 6,763.79M 5,813.98M 6,560.96M

Valuation Measures

Mar 2018
PER10.25
ROA3.83%
ROE12.13%
Operating margin7.62%
Profit margin4.04%

Key executives

  • Executive President, CEO & Director: Toshiaki Higashihara
  • Chief Financial Officer: Mitsuaki Nishiyama
  • Chief Information Officer: Shinichiro Omori
  • Chief Technology Officer: Norihiro Suzuki
  • Executive Vice President: Toshikazu Nishino

Shareholders

  • Asset Management One Co., Ltd. (4.6%)
  • BlackRock Fund Advisors (3.2%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.8%)
  • Nomura Asset Management Co., Ltd. (2.4%)
  • The Vanguard Group, Inc. (2.3%)
  • Hitachi Group Employees Stock Ownership Plan (2.0%)
  • Nippon Life Insurance Co. (1.9%)
  • BlackRock Japan Co., Ltd. (1.8%)
  • Nikko Asset Management Co., Ltd. (1.6%)
  • Norges Bank Investment Management (1.3%)

Contact Details

Related Companies

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  • Shenzhen Hitachi Elevator Sales Co. Ltd.
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  • Shanghai Hitachi Elevator Engineering Co. Ltd.
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  • Far Shanghai New International Transport Co. Ltd.
  • Hitachi Data Systems GmbH (Austria)
  • Hitachi Data Systems (Polska) Sp zoo
  • Taiwan Hitachi Air Conditionc Co. Ltd.
  • Hitachi Payment Services Pvt Ltd.
  • PT Hitachi Plant Construction
  • Hitachi Consulting Malaysia Sdn. Bhd.
  • PT Hitachi Capital Finance Indonesia

Competitors

  • Canon Inc.
  • Hewlett Packard Enterprise Co.
  • thyssenkrupp AG
  • Continental AG
  • Sandvik AB
  • HollySys Automation Technologies Ltd.
  • Baker Hughes, a GE Company Class A
  • Diebold Nixdorf Incorporated
  • Delphi Technologies Plc
  • FAMUR S.A.
  • Dana Incorporated
  • Hengdian Group DMEGC Magnetics Co., Ltd Class A
  • Atlas Copco AB Class A
  • NetApp, Inc.
  • Huntsman Corporation
  • Bruker Corporation
  • Standard Motor Products, Inc.
  • CyberArk Software Ltd.
  • Malam-Team Ltd.
  • MKS Instruments, Inc.
  • 360 Security Technology, Inc. Class A
  • Bombardier Inc. Class B
  • Doosan Infracore Co., Ltd
  • Babcock & Wilcox Enterprises Inc
  • Terex Corporation
  • GRG Banking Equipment Co., Ltd. Class A
  • Lam Research Corporation
  • Xin Point Holdings Limited
  • Alstom SA
  • Concepcion Industrial Corp.
Last Updated on 16 Nov, 2018

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