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Producer Manufacturing

Hitachi Ltd.

  • 3,640.00 JPY
  • -24.00
  • -0.66%
  • Japan
    Aug 16, 2019
  • Ticker
    TKS(6501)
  • Prev. close
    3,664
  • Market cap (JPY)
    3,544.12B
  • Market cap (USD)
    33,293.70M
  • Shares
    967.28M

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 2019 JPYUSD
Revenue9,480.61B85,492.10M
Gross Profit2,515.98B22,688.05M
Operating income754,976M6,808.04M
Income before tax516,502M4,657.59M
Net income231,682M2,089.20M
EBITDA1,123.02B10,126.90M
Diluted EPS230.242.07
Dividends Per Share850.76
Total Assets9,626.59B86,972.87M
Total liabilities5,212.18B47,090.29M
Total equity3,262.60B29,476.47M
Operating cash flow610,025M5,500.94M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 9,774.93B 10,034.30B 9,162.26B 9,368.61B 9,480.61B
Gross Profit 2,576.69B 2,575.23B 2,379.58B 2,502.09B 2,515.98B
Operating income 640,066M 601,372M 587,309M 714,630M 754,976M
Income before tax 518,994M 517,040M 469,091M 638,646M 516,502M
Net income 270,983M 229,236M 237,211M 379,008M 231,682M
EBITDA 1,121.08B 1,109.16B 1,002.49B 1,079.06B 1,123.02B
Diluted EPS 225 178.10 239.40 375.60 230.24
Dividends Per Share 60 60 65 75 85
Total Assets 12,433.72B 12,551.00B 9,663.91B 10,106.60B 9,626.59B
Total liabilities 8,137.38B 8,425.43B 5,566.92B 5,594.93B 5,212.18B
Total equity 2,942.28B 2,735.07B 2,967.08B 3,278.02B 3,262.60B
Operating cash flow 451,825M 812,226M 629,582M 727,168M 610,025M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 88,979.08M 83,560.51M 84,610.54M 84,529.54M 85,492.10M
Gross Profit 23,455.12M 21,445.20M 21,974.71M 22,575.45M 22,688.05M
Operating income 5,826.38M 5,007.91M 5,423.60M 6,447.84M 6,808.04M
Income before tax 4,724.29M 4,305.64M 4,331.90M 5,762.26M 4,657.59M
Net income 2,466.69M 1,908.95M 2,190.56M 3,419.64M 2,089.20M
EBITDA 10,205.01M 9,236.52M 9,257.68M 9,735.97M 10,126.90M
Diluted EPS 2.04 1.48 2.21 3.38 2.07
Dividends Per Share 0.54 0.49 0.60 0.67 0.76
Total Assets 103,679.18M 111,668.71M 86,726.34M 95,031.50M 86,972.87M
Total liabilities 67,853.94M 74,962.71M 49,958.91M 52,608.65M 47,090.29M
Total equity 24,534.34M 24,334.51M 26,627.34M 30,822.97M 29,476.47M
Operating cash flow 4,112.86M 6,763.79M 5,813.98M 6,560.96M 5,500.94M

Valuation Measures

Mar 2019
PER15.55
ROA2.34%
ROE7.08%
Operating margin7.96%
Profit margin2.44%

Key executives

  • President, CEO & Representative Director: Toshiaki Higashihara
  • Chief Financial Officer & Senior GM-Finance: Mitsuaki Nishiyama
  • CTO, Managing Executive Officer, Manager-R&D Group: Norihiro Suzuki
  • Executive Vice President, Head-Environment & Water: Masakazu Aoki
  • Executive Vice President, Head-Nuclear & Energy: Toshikazu Nishino

Shareholders

  • Asset Management One Co., Ltd. (4.4%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.3%)
  • The Vanguard Group, Inc. (2.5%)
  • Nomura Asset Management Co., Ltd. (2.3%)
  • Hitachi Group Employees Stock Ownership Plan (2.1%)
  • Nippon Life Insurance Co. (1.9%)
  • Nikko Asset Management Co., Ltd. (1.6%)
  • BlackRock Fund Advisors (1.6%)
  • Norges Bank Investment Management (1.4%)
  • Dai-ichi Life Holdings, Inc. (1.3%)

Contact Details

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Competitors

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  • Lam Research Corporation
  • Talend SA Sponsored ADR
  • Alstom SA
  • Fuel Tech, Inc.
  • Shin Heung Energy & Electronics Co., Ltd.
Last Updated on 16 Aug, 2019

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