MIRA INFORM REPORT
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Report Date : |
18.10.2012 |
IDENTIFICATION DETAILS
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Name : |
HITACHI CHEMICAL COMPANY, LTD. |
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Registered Office : |
43F, Shinjuku-Mitsui Bldg., 2-1-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo,
163-0449 |
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Country : |
Japan |
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Financials (as on) : |
31.03.2012 |
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Date of Incorporation : |
10.10.1962 |
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Legal Form : |
Public Subsidiary Company |
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Line of Business : |
Subject is engaged in manufacture, process and sale of
functional materials, advanced components and systems |
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No. of Employees : |
16,713 employees |
RATING & COMMENTS
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MIRAs Rating : |
A |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List June 30th, 2012
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Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
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Japan |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
japan - ECONOMIC OVERVIEW
In the years following World War II, government-industry cooperation, a
strong work ethic, mastery of high technology, and a comparatively small defense
allocation (1% of GDP) helped Japan develop a technologically advanced economy.
Two notable characteristics of the post-war economy were the close interlocking
structures of manufacturers, suppliers, and distributors, known as keiretsu,
and the guarantee of lifetime employment for a substantial portion of the urban
labor force. Both features are now eroding under the dual pressures of global
competition and domestic demographic change. Japan's industrial sector is
heavily dependent on imported raw materials and fuels. A tiny agricultural
sector is highly subsidized and protected, with crop yields among the highest
in the world. Usually self-sufficient in rice, Japan imports about 60% of its
food on a caloric basis. Japan maintains one of the world's largest fishing
fleets and accounts for nearly 15% of the global catch. For three decades,
overall real economic growth had been spectacular - a 10% average in the 1960s,
a 5% average in the 1970s, and a 4% average in the 1980s. Growth slowed
markedly in the 1990s, averaging just 1.7%, largely because of the after
effects of inefficient investment and an asset price bubble in the late 1980s
that required a protracted period of time for firms to reduce excess debt,
capital, and labor. Measured on a purchasing power parity (PPP) basis that
adjusts for price differences, Japan in 2011 stood as the fourth-largest
economy in the world after second-place China, which surpassed Japan in 2001,
and third-place India, which edged out Japan in 2011. A sharp downturn in
business investment and global demand for Japan's exports in late 2008 pushed
Japan further into recession. Government stimulus spending helped the economy
recover in late 2009 and 2010, but the economy contracted again in 2011 as the
massive 9.0 magnitude earthquake in March disrupted manufacturing. Electricity
supplies remain tight because Japan has temporarily shut down almost all of its
nuclear power plants after the Fukushima Daiichi nuclear reactors were crippled
by the earthquake and resulting tsunami. Estimates of the direct costs of the
damage - rebuilding homes, factories, and infrastructure - range from $235
billion to $310 billion, and GDP declined almost 0.5% in 2011. Prime Minister
Yoshihiko NODA has proposed opening the agricultural and services sectors to
greater foreign competition and boosting exports through membership in the
US-led Trans-Pacific Partnership trade talks and by pursuing free-trade
agreements with the EU and others, but debate continues on restructuring the
economy and reining in Japan's huge government debt, which exceeds 200% of GDP.
Persistent deflation, reliance on exports to drive growth, and an aging and
shrinking population are other major long-term challenges for the economy.
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Source : CIA |
Company name & address
Hitachi Chemical Company, Ltd.
43F, Shinjuku-Mitsui Bldg.
2-1-1, Nishi-Shinjuku, Shinjuku-ku
Tokyo, 163-0449
Japan
Tel: 81-3-33463111
Fax: 81-3-33462977
Synthesis
Employees: 16,713
Company Type: Public Subsidiary
Corporate Family: 1067
Companies
Ultimate Parent: Hitachi,
Ltd.
Traded: Tokyo
Stock Exchange: 4217
Incorporation Date:
10-Oct-1962
Auditor: Ernst & Young Shin
Nihon LLC
Financials in: USD
(Millions)
Fiscal Year End:
31-Mar-2012
Reporting Currency: Japanese
Yen
Annual Sales: 5,991.2 1
Net Income: 208.0
Total Assets:
5,352.7 2
Market Value: 2,776.6 (05-Oct-2012)
Business Description
Hitachi Chemical Company, Ltd. is mainly engaged in the manufacture, process and sale of functional materials, advanced components and systems. The Functional Materials provides electronic materials such as semiconductor die bonding materials and electrical insulating varnishes; inorganic materials such as carbon products and ceramic products; resin materials such as adhesive films, films for display circuit connections and adhesives; wiring board materials such as copper clad laminates and photo-sensitive films. The Advanced Component and System offers auto parts such as interior and exterior moldings and friction materials; electronic components including circuit boards; other products such as batteries, capacitors and diagnostic equipment. As of March 31, 2012, the Company had 57 subsidiaries and seven associated companies. On October 1, 2012, the Company acquired all the stake in two wholly owned subsidiaries of NITTO DENKO CORPORATION. For the three months ended 30 June 2012, Hitachi Chemical Company, Ltd. revenues decreased less than 1% to Y117.98B. Net income decreased 8% to Y5B. Revenues reflect Advanced Components and Systems Business segment increase of 5% to Y54.9B, also reflect Functional Materials Business segment decrease of 4% to Y63.08B. Net income was partially offset by Functional Materials Business segment income decrease of 32% to Y5.99B.
Industry
Industry Chemical Manufacturing
ANZSIC 2006: 1915 - Adhesive
Manufacturing
NACE 2002: 2462 - Manufacture
of glues and gelatine
NAICS 2002: 32552 - Adhesive
Manufacturing
UK SIC 2003: 2462 - Manufacture
of glues and gelatine
UK SIC 2007: 2052 - Manufacture
of glues
US SIC 1987: 2891 - Adhesives
and Sealants
Key Executives
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Name |
Title |
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Kazuyuki Tanaka |
Executive President, Representative Executive Officer, Director |
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Hiroki Sashima |
Executive Officer |
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Kiyoshi Togawa |
Senior Vice President and Executive Officer |
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Katsuki Miyauchi |
Managing Executive Officer-Research & Development |
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Shigeru Hayashida |
Executive Officer |
Significant
Developments
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Topic |
#* |
Most Recent Headline |
Date |
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Corporate Litigation |
1 |
INNOX Corp Announces Lawsuit Filed by Hitachi Chemical Company, Ltd. |
20-Jan-2012 |
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Mergers & Acquisitions |
5 |
Hitachi Chemical Company, Ltd. to Fully Acquire Nitto Electronics
Kyushu and NITTO DENKO ELECTRONICS (MALAYSIA) SDN. BHD. and Businesses from
Nitto Denko Corporation |
27-Apr-2012 |
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Strategic Combinations |
2 |
Hitachi Chemical Co Ltd Forms Business Alliance with Institute of
Microelectronics - Chemical Daily |
14-Sep-2012 |
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Dividends |
1 |
Hitachi Chemical Company, Ltd. Announces Year-end Dividend Payment for
FY Ended March 2012 |
1-Jun-2012 |
* number of significant developments within the last 12 months
News
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Title |
Date |
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WIPO PUBLISHES PATENT OF HITACHI CHEMICAL
FOR "RESIN PASTE, SOLAR CELL, METHOD FOR MANUFACTURING SOLAR CELL, RESIN
FILM AND SEMICONDUCTOR DEVICE".. |
8-Oct-2012 |
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US Patent Issued to Hitachi Chemical on
Oct. 2 for "Photosensitive Adhesive Composition, and Obtained Using the
Same, Adhesive Film, Adhesive Sheet,... |
8-Oct-2012 |
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WIPO PUBLISHES PATENT OF HITACHI CHEMICAL,
TOMOO NISHIYAMA, ATSUSHI KUWANO, TOSHIAKI SHIRASAKA, YASUHIKO AWANO FOR
"MULTILAYER RESIN SHEET, RESIN... |
7-Oct-2012 |
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WIPO PUBLISHES PATENT OF HITACHI CHEMICAL,
HIROKI MIKUNI, KIYOSHI KAWAI FOR "ALUMINUM SILICATE, METAL ION ADSORBENT
AND METHOD FOR PRODUCING SAME"... |
2-Oct-2012 |
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Patent Application Titled "Conductive
Adhesive, Solar Cell, Method for Manufacturing Solar Cell, and Solar Cell
Module" Under Review |
26-Sep-2012 |
Financial
Summary
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Stock Snapshot
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1 - Profit & Loss Item Exchange Rate: USD 1 = JPY 78.96121
2 - Balance Sheet Item Exchange Rate: USD 1 = JPY 82.38536
Corporate Overview
Location
43F, Shinjuku-Mitsui Bldg.
2-1-1, Nishi-Shinjuku, Shinjuku-ku
Tokyo, 163-0449
Japan
Tel: 81-3-33463111
Fax: 81-3-33462977
Quote Symbol - Exchange
4217 - Tokyo Stock
Exchange
Sales JPY(mil): 473,069.0
Assets JPY(mil): 440,981.0
Employees: 16,713
Fiscal Year End: 31-Mar-2012
Industry: Chemical
Manufacturing
Incorporation Date: 10-Oct-1962
Company Type: Public
Subsidiary
Quoted Status: Quoted
Executive President,
Representative Executive Officer,
Director: Kazuyuki
Tanaka
Company Web Links
Corporate History/Profile
Executives
Financial Information
Home Page
Investor Relations
News Releases
Products/Services
Contents
Industry Codes
Business Description
Financial Data
Market Data
Shareholders
Subsidiaries
Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
1915 - Adhesive Manufacturing
2439 - Other Electrical Equipment Manufacturing
1813 - Basic Inorganic Chemical Manufacturing
2429 - Other Electronic Equipment Manufacturing
NACE 2002 Codes:
2462 - Manufacture of glues and gelatine
2413 - Manufacture of other inorganic basic chemicals
3162 - Manufacture of other electrical equipment not elsewhere
classified
3210 - Manufacture of electronic valves and tubes and other
electronic components
NAICS 2002 Codes:
32552 - Adhesive Manufacturing
335991 - Carbon and Graphite Product Manufacturing
334419 - Other Electronic Component Manufacturing
334412 - Bare Printed Circuit Board Manufacturing
334414 - Electronic Capacitor Manufacturing
325188 - All Other Basic Inorganic Chemical Manufacturing
US SIC 1987:
2891 - Adhesives and Sealants
2819 - Industrial Inorganic Chemicals, Not Elsewhere Classified
3679 - Electronic Components, Not Elsewhere Classified
3624 - Carbon and Graphite Products
3675 - Electronic Capacitors
3672 - Printed Circuit Boards
UK SIC 2003:
2462 - Manufacture of glues and gelatine
3162 - Manufacture of other electrical equipment not elsewhere
classified
2413 - Manufacture of other inorganic basic chemicals
3210 - Manufacture of electronic valves and tubes and other
electronic components
UK SIC 2007:
2052 - Manufacture of glues
2790 - Manufacture of other electrical equipment
2611 - Manufacture of electronic components
2013 - Manufacture of other inorganic basic chemicals
Business
Description
Hitachi Chemical Company,
Ltd. is mainly engaged in the manufacture, process and sale of functional
materials, advanced components and systems. The Functional Materials provides
electronic materials such as semiconductor die bonding materials and electrical
insulating varnishes; inorganic materials such as carbon products and ceramic
products; resin materials such as adhesive films, films for display circuit
connections and adhesives; wiring board materials such as copper clad laminates
and photo-sensitive films. The Advanced Component and System offers auto parts
such as interior and exterior moldings and friction materials; electronic
components including circuit boards; other products such as batteries,
capacitors and diagnostic equipment. As of March 31, 2012, the Company had 57
subsidiaries and seven associated companies. On October 1, 2012, the Company
acquired all the stake in two wholly owned subsidiaries of NITTO DENKO
CORPORATION. For the three months ended 30 June 2012, Hitachi Chemical Company,
Ltd. revenues decreased less than 1% to Y117.98B. Net income decreased 8% to
Y5B. Revenues reflect Advanced Components and Systems Business segment increase
of 5% to Y54.9B, also reflect Functional Materials Business segment decrease of
4% to Y63.08B. Net income was partially offset by Functional Materials Business
segment income decrease of 32% to Y5.99B.
More Business
Descriptions
Processing of synthetic resin products; electrical machinery,
automobiles, housing materials
Chemical Mfr
Hitachi Chemical
Co., Ltd. (Hitachi Chemical) undertakes the production and distribution of
electronic related products and advanced performance products. Hitachi, Ltd. is
the parent company of Hitachi Chemical. The company offers principally
semiconductor related materials, epoxy molding compounds, liquid encapsulants,
display and optics-related materials and printed wiring boards, among others.
The company operates its business in two reportable segments, namely,
Functional Materials and Advanced Components and Systems segments.In Functional
Materials segment, the company focuses on four businesses, namely, Electronic
Materials, Inorganic Materials, Polymer Science Materials, and Printed Wiring
Board Materials. The company, through its Electronics Related Products
business, offers semiconductor and display related materials such as slurry for
chemical mechanical planarization; heat-resistant fine polymers; die bonding
materials; epoxy molding compounds; anisotropic conductive films for displays
and light guides for liquid crystal displays. It also offers printed wiring
boards and related products such as multilayer printed wiring boards; multiwire
boards; flexible printed wiring boards; package substrates; copper-clad
laminates for printed wiring boards; copper-clad laminates with inner layer circuits;
photosensitive dry films for printed wiring boards and plating chemicals for
printed wiring boards. The company is also involved in offering carbon anode
materials for lithium ion batteries and capacitors. These products are used
extensively in industries such as semiconductor, automobile, information
technology and telecommunications. The company has been manufacturing
anisotropic conductive films, ANISOLM, used to connect electronic components.
For the fiscal year 2012, the Functional Materials segment generated revenue of
JPY240,411m, indicating a decrease of 4.6% over 2011. The segment accounted for
50.82% of the company’s total revenue during the fiscal year ended 2012.
Through Advanced Components and Systems segment, the company is involved in
Advanced Product business, Electronic Components business and Other businesses.
It offers various products which include industrial materials such as
electrical insulating varnishes; solder resists; conformal coating resins;
alkyd resins; acrylic resins; amino resins; alkyl phenol resins; furan resins;
epoxy resin hardeners; specialty chemicals; shell molding resins; phenolic
resin molding compounds; molds for high-voltage insulation; adhesive road sign
materials; FRP molding compounds and automotive parts, such as interior and
exterior plastic molded products; molded plastic rear door modules; planar
antennas for millimeter-wave radar; disc brake pads; drum brake units; brake
shoes, brake linings; and flexible graphite gasket materials. The segment also provides
carbon and ceramic products; advanced functional films and other related
products. For the fiscal year 2012, the Advanced Components and Systems segment
generated revenue of JPY232,658m, indicating a decrease of 5.2% over 2011. The
segment accounted for 49.18% of the company’s total revenue during the fiscal
year ended 2012. The company operates a research center and an overseas office
in China, as well as a number of branches, sale offices and R&D centers in
Japan. The company operates manufacturing facilities in Japan, China, Malaysia,
Taiwan, the US and Mexico. Hitachi Chemical owns and manages several domestic
and international subsidiaries. Some of the key subsidiaries of the company
include Hitachi Chemical Research Center, Inc., Hitachi Chemical Europe GmbH,
Hitachi Chemical DuPont Micro Systems L.L.C., Hitachi Chemical (Suzhou) Co.,
Ltd., Hitachi Chemical (Malaysia) Sdn. Bhd. and Bioclone Australia Pty Ltd.,
among others.Geographically, the company operates through three segments,
namely, Japan, Asia and Other areas. During fiscal year 2012, the company
generated 57.57% of the total net sales from Japan, followed by 36.28% from
Asia, and 6.15% from Other areas. In June 2012, the company developed and
started production of MCL-E-800G series and MCL-E-705G series products for
next-generation semiconductor packages. In May 2012, the company's Chinese
subsidiary, Hitachi Powdered Metals (Dongguan) Co., Ltd. (HPMD), constructed a
new factory within its existing site to enhance production capacity for
increasing demand from the Chinese auto market. During the same month, the
company's Thai subsidiary, Japan Brake (Thailand) Co., Ltd. plans to build a
second friction materials plant in Thailand. In April 2012, the company
acquired Nitto Denko Corporation's semiconductor encapsulating materials
business. During the same month, the company's subsidiary, Hitachi Chemical
(Yantai) Co., Ltd., started the mass production of anode materials in April
2012, to expand its business in the area of carbon anode materials for lithium
ion batteries in China. The company's subsidiary, Hitachi Chemical (Johor) Sdn.
Bhd., investing approximately two billion yen to increase production capacity
of photosensitive dry films used for printed wiring board. In March 2012, the company
merged its subsidiaries, Hitachi Chemical Coated Sand Co., Ltd. and Hitachi
Chemical Industrial Materials Co., Ltd. to form Hitachi Kasei Techno Service
Co., Ltd., to increase the quality of complementary operations of the Group
business facilities. During the same month, the company established an
automotive carbon brush manufacturing plant within its Thai subsidiary's site.
The company's subsidiary, Hitachi Chemical Electronic Materials (Hong Kong)
Limited, invested around one billion yen to improve its facilities for
manufacturing copper-clad laminates used in printed wiring boards for
semiconductor packages. The company's subsidiary, Hitachi Powdered Metals
(Thailand) Co., Ltd. constructed a second powder metal products plant in
Thailand.
Hitachi Chemical
Co., Ltd. (Hitachi Chemical) carries out the manufacture and sale of advanced
performance and electronic related products. Hitachi, Ltd., the parent company
of Hitachi Chemical, holds 51.2% of the total share of the company. The
company’s product portfolio includes semiconductor and display related
materials; printed wiring boards and related products; industrial materials;
carbon and ceramic; automotive parts; and advanced functional films.
Geographically, the company owns and operates manufacturing facilities in
countries, such as Japan, China, Malaysia, Taiwan, the US and Mexico, among
others. Through its subsidiaries and affiliated companies, the company
distributes products in Japan and other parts of Asia, Europe and the US.
Hitachi Chemical is headquartered in Tokyo, Japan.The company mainly focus on
emerging markets, such as Taiwan, China, Mexico and India for global expansion
and development of new products and businesses to augment its growth prospects
in future. It also intends to provide superior technologies, products and
services that contribute to the betterment of human life and society. The
company also plans to start production at its new Chinese factory in autumn
2012 and Thai's plant in February 2013. It also aims to maintain its existing
partnerships and to enter into new collaborative agreements to augment its
services. This intent can be indicated from the recent acquisition of Nitto
Denko Corporation's semiconductor encapsulating materials business.The company
reported revenues of (Yen) JPY 473,069.00 million during the fiscal year ended
March 2012, a decrease of 4.90% from 2011. The operating profit of the company
was JPY 26,107.00 million during the fiscal year 2012, a decrease of 23.42%
from 2011. The net profit of the company was JPY 16,427.00 million during the
fiscal year 2012, a decrease of 13.28% from 2011.
This major group
includes establishments producing basic chemicals, and establishments
manufacturing products by predominantly chemical processes. Establishments classified
in this major group manufacture three general classes of products: (1) basic
chemicals, such as acids, alkalies, salts, and organic chemicals; (2) chemical
products to be used in further manufacture, such as synthetic fibers, plastics
materials, dry colors, and pigments; and (3) finished chemical products to be
used for ultimate consumption, such as drugs, cosmetics, and soaps; or to be
used as materials or supplies in other industries, such as paints, fertilizers,
and explosives.
Hitachi Chemical
Company, Ltd., a Japan-based manufacturer, has three business divisions,
including the electronics-related products division, which manufactures and
sells semiconductor- and display-related materials, printed-circuit boards and
materials for PCBs, and other products, such as carbon negative electrode
materials for lithium-ion batteries and capacitors; a functional
material-related product division, engaged in the manufacture and sale of
carbon ceramics, automobile parts, functional films and industrial materials,
such as resins, vanish for electrical insulation, solder masks and resin
hardeners. This division also offers other products, encompassing metal ceramic
products, accumulator batteries and materials for casting. And the housing
equipment and environmental facility division provides bathtubs, build-in
kitchens, prefabricated baths, gas and petroleum equipment, bathroom vanities
and others. The company was founded in 1912, a company researching electrical
insulating materials for electrical machinery. Headquartered in Tokyo, it has
60 subsidiaries and 10 associated companies.
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Helpful |
Harmful |
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Internal Origin |
Strengths |
Weaknesses |
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External Origin |
Opportunities |
Threats |
Overview
Hitachi Chemical
Co., Ltd. (Hitachi Chemical) is a diversified chemical company. It manufactures
semiconductor related materials, epoxy molding compounds, display and optics-related
materials, liquid encapsulants, and printed wiring boards. Extensive technology
platform gives the company an edge over its competitors. The broad and
diversified product portfolio enables the company to serve a number of customer
segments. Neverthless, the increasing demand for automotive semiconductor
market, along with expansion of manufacturing facilities across various regions
could provide growth opportunities for the company. However, the increasing
debt along with stringent environmental regulations and increased competition
could hamper the company's operational performance.
Strengths
Wide Geographical Operations
A wide
geographical presence helps the company mitigate the various risks associated
with the over dependence on a particular market. The company is principally
engaged in the manufacturing, marketing and sales of semiconductor products
worldwide. The company also has its manufacturing facilities located in the US,
China, Malaysia, Singapore, Mexico, Germany, Hong Kong, Taiwan, Korea, Thailand
and Australia. Geographically, the company operates through three segments,
namely, Japan, Asia and Other areas. During fiscal year 2012, the company
generated 57.57% of the total net sales from Japan, followed by 36.28% from
Asia, and 6.15% from Other areas. The wide geographical reach aids the group in
catering to different emerging markets. Also, a diverse revenue stream limits
the group’s exposure to the risks associated with a particular region.
Extensive Technology Platform
An extensive
technology platform enabled Hitachi Chemical to operate more efficiently in the
highly competitive chemical industry. Hitachi Chemical extended the scope of
its activities through the combination, harmonization and borderless expansion
of these technology platforms. The three main technology platforms include
material technology, process technology and evaluation technology. Material
Technology includes molecular and particle design; organic and inorganic
synthesis; purification, extraction and growth; and nanotechnology. Process
Technology covers molding, impregnation and coating, lamination, dispersion and
micro interconnection. The Evaluation Technology includes material property
evaluation, package assembly and reliability evaluation. The company through
its strong research and development activities launched various products such
as insulating varnishes, industrial laminates, porcelain insulators and carbon
brushes. In 2011, the company received an award for semiconductor bonding
technology that enables more compact and larger capacity electronic devices.
Its technology could enable it to increase revenue by producing more advanced
and customized products in future.
Diversified Product Portfolio
A strong and
diversified product portfolio supports the company’s innovation process,
besides enhancing its revenue. Hitachi Chemical’s diversified product
portfolio enables it to cater to the needs of a diversified customer base. The
company has two business segments: Functional Materials Segment and Advanced
Components and Systems. In 2012, the company generated 50.82% of the total
revenue from Functional Materials Segment and 49.18% from Advanced Components
and Systems business segment. The Functional Materials Segment include
semiconductor and display related materials such as slurry for chemical
mechanical planarization, heat resistant fine polymers, die bonding materials,
epoxy molding compounds; saturated polyester and epoxy resigns and electric
insulating materials; functional films such as advanced films for display and
semiconductor related products, foam products and food wraps; and others such
as carbon anode materials for lithium ion batteries and capacitors. The
Advanced Components and Systems segment of Hitachi Chemical include industrial materials
such as electrical insulating varnishes, solder resists, acrylic resins and
epoxy resin hardeners; carbon and ceramics such as carbon brushes, glass like
carbon products and alumina ceramics; automotive parts such as brake shoes,
brake linings and disc brake pads; advanced functional films such as adhesive
films and food wrapping films; and others such as power supply units, golf
carts and materials for foundries. Through its diversified products, the
company strives to meet its customers’ ever changing needs and expectations
successfully.
Weaknesses
Decreased Profitability Ratios
Decreasing
profitability ratios indicates the company’s deteriorating performance and
its inability to deliver the returns expected by its shareholders. The company
reported an operating profit of JPY26,107m during the fiscal year 2012, a
decrease of 23.42% over 2011. The decrease in operating profit resulted in the
decreased net profit levels. It reported net profit of JPY16,427m during the
fiscal year 2012, a decrease of 13.28% over 2011. The decreased top, operating
and bottom line levels resulted in decreased profitability ratios. The company
reported PBT (profit before tax) margin of 6.35% in 2012, as compared to 7.03%
in 2011, followed by return on equity 5.80% (6.88%), return on capital employed
7.87% (10.53%), return on assets 3.72% (4.38%) and return on fixed assets
13.56% (21.03%).
Increased Debt
For the fiscal
year 2012, the company recorded total debt of JPY41,615m, indicating an
increase of 53.27% over that in 2011. Its total long-term debt was nearly
JPY24,858m. This could impair its ability to obtain financing for working
capital, capital expenditure or general corporate purposes, especially if the
ratings assigned to its debt securities by rating organizations were revised
downward. It could restrict the flexibility of the company in responding to
changing market conditions and make it more vulnerable during times of
slowdown. Another major consequence of the debt is that the company would need
to allocate a substantial portion of the cash flow from operations to pay the
principal and interest on debt, thereby reducing funds, which could be used for
expansion through acquisitions, expansion of product offerings and for
marketing.
Opportunities
Expanding Manufacturing Base
In 2012, the
company establishes automotive carbon brush manufacturing base Hitachi Powdered
Metals (Thailand) Co., Ltd. in Thailand. Japan Brake (Thailand) Co., Ltd, a
subsidiary of the company plans to construct second friction materials plant in
Thailand and is expected to start its operations in 2013. The company started
the manufacturing of Carbon Anode Materials for Lithium Ion Batteries in China.
The company’s subsidiary Hitachi Chemical Electronic Materials (Hong Kong)
Limited started manufacturing copper-clad laminates for printed wiring boards
for semiconductor packages. In 2011, the company announced its plans to
establish Hitachi Chemical Electronic Materials (Taiwan) Co., Ltd. in Taiwan,
which produces CMP slurry and is expected to start its operations in April
2013. The company announced its plan to established new manufacturing base in China,
which manufactures “CF Series,” conductive film for solar cells. It is
expected to start its operations in 2013. The company also establishes a
manufacturing subsidiary Hitachi Chemical India Private Limited for powder
metal products in India. In March 2011, the company started producing carbon
anode materials for lithium ion batteries in China. The company along with
Allied Nippon Limited established a new subsidiary Allied JB Friction Pvt. Ltd.
to manufacture friction materials for two- and four-wheeled vehicles in India.
Growing Automotive Semiconductor Market
Growth in the
semiconductor market will increase the demand for the products of Hitachi
Chemical. The company has the opportunity to increase its revenue in the
growing automotive semiconductor market. The increasing demand for Energy
Efficient Vehicles with Safety and Comfort Systems provides market
opportunities in the automotive semiconductors industry. With the increasing
electronic content in the areas of safety, the usage of automotive
semiconductors will be high and the market for automotive semiconductors will
increase until 2015. The sales revenue of the automotive semiconductors is
expected to increase from $22.52 billion in 2010 to $32.66 billion by the end
of 2015. The increase in the use of electronics in the automobile industry to
produce environmentally friendly and fuel efficient vehicles is expected to increase
the demand for automotive semiconductors.
Capacity Expansion
In 2012, the
company’s subsidiary Hitachi Powdered Metals (Dongguan) Co., Ltd. , which
manufactures powder metal products announced its plan to expand its production capacity
through establishing a new factory to meet the increasing demand from the
Chinese auto market. This facility is expected to start its operations in 2012.
The company’s subsidiary Hitachi Chemical (Johor) Sdn. Bhd., plans to
increase its production capacity of photosensitive dry films for printed wiring
boards to meet the increasing demand and is expected to start its operations in
2013. Hitachi Chemical’s subsidiary Hitachi Powdered Metals (USA), Inc.
(formerly, Sintering Technologies, Inc) also announced its plan to expand its
production capacity of valve timing control system component by 150% in
response to increasing demand from North American auto market. In 2011, the
company announced its plan to increase its production capacity of Lithium ion
Automobile Batteries through adding third and fourth production lines
manufacturing carbon anode materials for lithium ion batteries. The company’s
subsidiaries Hitachi Chemical (Suzhou) Co., Ltd. and Hitachi Chemical
(Malaysia) Sdn. Bhd. Plans to invest JPY1.5 billion to expand the production
capacity in both countries by about 40%. Hitachi Chemical Mexico, S.A. de C.V.,
a subsidiary of the company plans to invest JPY2 billion to double its disk
brake pads production capacity to expand its business in the North America.
Such capacity expansions could provide new opportunities for the company in
growth emerging markets.
Threats
Stringent Regulations
The company could
be affected by the environmental regulations governing the global chemical
industry. Its business activities are subject to various regulations in the
countries in which Hitachi Chemical operates. The regulations include legal
obligations related to foreign investment, competition, trade, intellectual
properties, exchange rates, taxes, environment and recycling. The company must
abide by these regulations and spend on more efficient technologies to pursue
pollution emission standards, which could add to the costs. If the company
fails to comply with these environmental regulations, it may face heavy fines.
As the world is fighting against the global warming, more and stringent
environmental regulations could be initiated by governments. The cost of
adhering to new regulations may increase the company’s expenses and decrease
its profits substantially.
Competitive Pressure
Increased
competition may lead the company to reduce its prices, which will negatively
affect its margins. Hitachi Chemical operates in a highly competitive chemical
industry. The company operates in a progressively more complex and challenging
chemical marketplace whose dynamics are ever changing. Technological advances
by any player in the market could render its present or future products
obsolete or uneconomical. The existing market includes companies of varying sizes;
some more specialized than the company with respect to particular markets, and
some with greater financial resources than Hitachi Chemical. The company
competes in this evolving marketplace on the basis of many factors, including
price, quality, innovation, service, reputation, distribution and promotion.
Raw Material Procurement Risks
The increasing
prices of raw materials could affect the company’s business. Raw material
prices constitute a significant part of the production cost of the company.
Hitachi Chemical uses petrochemical products as raw materials for many of its
products. The prices of petrochemical products are influenced by fluctuations
in crude oil prices. High crude oil prices and refinery margins have increased
prices of petroleum products. Competition also limits the option of increasing
product prices to compensate for the higher production costs. In addition, the
continuous supply of the raw materials could be affected by weather conditions,
national emergencies, strikes, governmental controls, natural disasters, supply
shortages or other events. Thus, price fluctuations and non-availability of
these raw materials may have a material effect on the product costs and the
operations of the company.
|
Corporate Family |
Corporate
Structure News: |
|
|
Hitachi,
Ltd. |
|
Hitachi Chemical Company, Ltd. |
|
|
|
|
|
Company Name |
Company
Type |
Location |
Country |
Industry |
Sales |
Employees |
|
|
Parent |
Tokyo |
Japan |
Computer Peripherals |
122,413.1 |
323,540 |
|
|
|
Acquisition of XERVON Energy GmbH
proposed/announced. See corporate
structure news on
Hitachi, Ltd. for details |
|||||||
|
Holding |
Tokyo |
Japan |
Construction and Agriculture Machinery |
10,348.7 |
21,814 |
|
|
|
Subsidiary |
Osaka |
Japan |
Construction and Agriculture Machinery |
1,398.7 |
2,227 |
|
|
|
Subsidiary |
Bangsaothong, Samut Prakan |
Thailand |
Miscellaneous Capital Goods |
|
17 |
|
|
|
Subsidiary |
Zaventem |
Belgium |
Business Services |
33.2 |
11 |
|
|
|
Subsidiary |
West Columbia, SC |
United States |
Construction and Agriculture Machinery |
|
|
|
|
|
Subsidiary |
Houston, TX |
United States |
Miscellaneous Capital Goods |
22.5 |
20 |
|
|
|
Subsidiary |
Jakarta |
Indonesia |
Rental and Leasing |
671.7 |
1,160 |
|
|
|
Subsidiary |
Balikpapan, East Kalimantan |
Indonesia |
Construction Services |
|
100 |
|
|
|
Subsidiary |
Banjarmasin, South Kalimantan |
Indonesia |
Construction Services |
|
45 |
|
|
|
Subsidiary |
East Kalimantan |
Indonesia |
Construction Services |
|
42 |
|
|
|
Subsidiary |
Medan, North Sumatra |
Indonesia |
Construction Services |
|
35 |
|
|
|
Subsidiary |
Palembang, South Sumatra |
Indonesia |
Construction Services |
|
23 |
|
|
|
Subsidiary |
Padang, West Sumatra |
Indonesia |
Construction Services |
|
20 |
|
|
|
Subsidiary |
South Kalimantan |
Indonesia |
Construction Services |
|
20 |
|
|
|
Subsidiary |
East Kalimantan |
Indonesia |
Construction Services |
|
20 |
|
|
|
Subsidiary |
Jambi |
Indonesia |
Construction Services |
|
20 |
|
|
|
Subsidiary |
Central Kalimantan |
Indonesia |
Construction Services |
|
14 |
|
|
|
Subsidiary |
East Kalimantan |
Indonesia |
Construction Services |
|
13 |
|
|
|
Subsidiary |
Central Sulawesi |
Indonesia |
Construction Services |
|
8 |
|
|
|
Subsidiary |
Aceh |
Indonesia |
Construction Services |
|
8 |
|
|
|
Subsidiary |
- - |
Indonesia |
Construction Services |
|
8 |
|
|
|
Subsidiary |
Lampung |
Indonesia |
Construction Services |
|
6 |
|
|
|
Subsidiary |
Greystanes, NSW |
Australia |
Construction and Agriculture Machinery |
588.9 |
830 |
|
|
|
Subsidiary |
Sydney, NSW |
Australia |
Construction and Agriculture Machinery |
|
830 |
|
|
|
Subsidiary |
Amsterdam |
Netherlands |
Construction and Agriculture Machinery |
795.1 |
600 |
|
|
|
Subsidiary |
Hebburn |
United Kingdom |
Commercial Banks |
127.3 |
108 |
|
|
|
Subsidiary |
Hebburn |
United Kingdom |
Business Services |
|
5 |
|
|
|
Subsidiary |
Hebburn |
United Kingdom |
Business Services |
|
33 |
|
|
|
Subsidiary |
Hebburn |
United Kingdom |
Commercial Banks |
|
|
|
|
|
Subsidiary |
Boulogne Billancourt |
France |
Retail (Specialty) |
62.0 |
14 |
|
|
|
Hitachi
Construction Machinery Southern Africa Company Limited |
Subsidiary |
Dunswart |
South Africa |
Construction and Agriculture Machinery |
|
500 |
|
|
Subsidiary |
Bangkok |
Thailand |
Construction and Agriculture Machinery |
|
167 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Construction and Agriculture Machinery |
561.9 |
90 |
|
|
|
Branch |
Zincirlikuyu, Istanbul |
Turkey |
Miscellaneous Capital Goods |
|
50 |
|
|
|
Subsidiary |
Dubai |
United Arab Emirates |
Construction and Agriculture Machinery |
|
30 |
|
|
|
Hitachi
Construction Machinery Sales and Service France S.A.S. |
Subsidiary |
Boulogne-Billancourt |
France |
Business Services |
|
12 |
|
|
Subsidiary |
Bunkyo-Ku, Tokyo |
Japan |
Rental and Leasing |
115.9 |
8 |
|
|
|
Subsidiary |
Lower Hutt |
New Zealand |
Auto and Truck Manufacturers |
625.0 |
|
|
|
|
Subsidiary |
Osaka |
Japan |
Construction and Agriculture Machinery |
587.4 |
|
|
|
|
Subsidiary |
Koka, Shiga |
Japan |
Construction and Agriculture Machinery |
539.3 |
|
|
|
|
Subsidiary |
Tsuchiura, Ibaraki |
Japan |
Water Transportation |
535.6 |
|
|
|
|
Subsidiary |
Soka, Saitama |
Japan |
Rental and Leasing |
507.6 |
|
|
|
|
Subsidiary |
Taito-Ku, Tokyo |
Japan |
Construction and Agriculture Machinery |
354.0 |
|
|
|
|
Subsidiary |
Funabashi, Chiba |
Japan |
Miscellaneous Fabricated Products |
109.6 |
|
|
|
|
Subsidiary |
Nagaoka, Niigata |
Japan |
Iron and Steel |
48.4 |
|
|
|
|
Subsidiary |
Bristol |
United Kingdom |
Construction and Agriculture Machinery |
|
|
|
|
|
Subsidiary |
Tete |
Mozambique |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Construction and Agriculture Machinery |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Trucking |
7,015.3 |
21,104 |
|
|
|
Subsidiary |
Kawasaki |
Japan |
Miscellaneous Transportation |
1,539.5 |
5,302 |
|
|
|
Subsidiary |
Sunderland |
United Kingdom |
Miscellaneous Transportation |
40.0 |
587 |
|
|
|
Branch |
Tokyo |
Japan |
Fabricated Plastic and Rubber |
1.0 |
210 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Trucking |
16.6 |
95 |
|
|
|
Subsidiary |
Luchthaven Schiphol, Noord-Holland |
Netherlands |
Trucking |
|
36 |
|
|
|
Subsidiary |
Hyogo |
Japan |
Trucking |
|
30 |
|
|
|
Subsidiary |
Aguscalientes, Aguascalientes |
Mexico |
Miscellaneous Transportation |
0.8 |
26 |
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Trucking |
451.5 |
|
|
|
|
Subsidiary |
Hiki-Gun, Saitama |
Japan |
Trucking |
221.3 |
|
|
|
|
Subsidiary |
Chuo-Ku, Tokyo |
Japan |
Miscellaneous Transportation |
103.5 |
|
|
|
|
Subsidiary |
Miyako-Gun, Fukuoka |
Japan |
Trucking |
64.9 |
|
|
|
|
Subsidiary |
Osaka, Osaka |
Japan |
Trucking |
57.5 |
|
|
|
|
Subsidiary |
Kwai Chung, New Territories |
Hong Kong |
Miscellaneous Transportation |
45.0 |
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Miscellaneous Transportation |
|
|
|
|
|
Subsidiary |
Sapporo |
Japan |
Semiconductors |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Business Services |
|
|
|
|
|
Subsidiary |
Saitama |
Japan |
Business Services |
|
|
|
|
|
Subsidiary |
Saitama |
Japan |
Trucking |
|
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Business Services |
|
|
|
|
|
Subsidiary |
Fukuoka |
Japan |
Trucking |
|
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Trucking |
|
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Trucking |
|
|
|
|
|
Subsidiary |
Tochigi |
Japan |
Trucking |
|
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Trucking |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Software and Programming |
|
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Trucking |
|
|
|
|
|
Subsidiary |
Saitama, Saitama |
Japan |
Trucking |
268.0 |
600 |
|
|
|
Subsidiary |
Petaling Jaya |
Malaysia |
Business Services |
22.2 |
350 |
|
|
|
Subsidiary |
Tambol |
Thailand |
Business Services |
57.0 |
200 |
|
|
|
Subsidiary |
Anderson, IN |
United States |
Business Services |
21.2 |
150 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Business Services |
|
110 |
|
|
|
Subsidiary |
Waardenburg |
Netherlands |
Business Services |
75.4 |
70 |
|
|
|
Subsidiary |
Paranaque, Metro Manila |
Philippines |
Business Services |
|
60 |
|
|
|
Subsidiary |
Torrance, CA |
United States |
Business Services |
73.6 |
18 |
|
|
|
Branch |
Dallas, TX |
United States |
Trucking |
12.1 |
81 |
|
|
|
Branch |
Burlingame, CA |
United States |
Trucking |
2.1 |
14 |
|
|
|
Subsidiary |
Hamburg |
Germany |
Business Services |
|
15 |
|
|
|
Subsidiary |
Ardon |
France |
Business Services |
|
13 |
|
|
|
Subsidiary |
Compans |
France |
Business Services |
|
8 |
|
|
|
Subsidiary |
Basingstoke |
United Kingdom |
Business Services |
|
7 |
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Trucking |
270.1 |
|
|
|
|
Subsidiary |
Hitachi, Ibaraki |
Japan |
Trucking |
218.2 |
|
|
|
|
Subsidiary |
Koto-Ku, Tokyo |
Japan |
Trucking |
206.6 |
|
|
|
|
Subsidiary |
Koto-Ku, Tokyo |
Japan |
Trucking |
202.6 |
|
|
|
|
Subsidiary |
Kasuya-Gun, Fukuoka |
Japan |
Trucking |
172.6 |
|
|
|
|
Subsidiary |
Osaka, Osaka |
Japan |
Miscellaneous Transportation |
164.4 |
|
|
|
|
Subsidiary |
Osaka, Osaka |
Japan |
Trucking |
57.2 |
|
|
|
|
Subsidiary |
Koto-Ku, Tokyo |
Japan |
Software and Programming |
127.8 |
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Trucking |
121.0 |
|
|
|
|
Subsidiary |
Koto-Ku, Tokyo |
Japan |
Auto and Truck Manufacturers |
118.0 |
|
|
|
|
Subsidiary |
Koto-Ku, Tokyo |
Japan |
Trucking |
112.3 |
|
|
|
|
Subsidiary |
Koto-Ku, Tokyo |
Japan |
Trucking |
101.9 |
|
|
|
|
Subsidiary |
Osaka, Osaka |
Japan |
Trucking |
75.1 |
|
|
|
|
Subsidiary |
Tambol Bangsaothong, Samutprakarn |
Thailand |
Trucking |
33.0 |
|
|
|
|
Subsidiary |
Sapporo, Hokkaido |
Japan |
Trucking |
31.5 |
|
|
|
|
Subsidiary |
Koto-Ku, Tokyo |
Japan |
Personal Services |
29.5 |
|
|
|
|
Subsidiary |
Shanghai |
China |
Business Services |
|
|
|
|
|
Subsidiary |
Hong Kong, Shatin |
Hong Kong |
Business Services |
|
|
|
|
|
Subsidiary |
Tijuana |
Mexico |
Business Services |
|
|
|
|
|
Subsidiary |
Bgy San Dionisio, Paranaque |
Philippines |
Trucking |
|
|
|
|
|
Subsidiary |
Shenzhen |
China |
Business Services |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Business Services |
|
|
|
|
|
Subsidiary |
Zhengzhou, Heana |
China |
Business Services |
|
|
|
|
|
Subsidiary |
Qingdao |
China |
Business Services |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Business Services |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Business Services |
|
|
|
|
|
Subsidiary |
Shanghai, Nanhui |
China |
Business Services |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Business Services |
|
|
|
|
|
Subsidiary |
Suzhou, Jiangsu |
China |
Business Services |
|
|
|
|
|
Subsidiary |
Kladno |
Czech Republic |
Business Services |
|
|
|
|
|
Subsidiary |
New Delhi |
India |
Business Services |
|
|
|
|
|
Subsidiary |
Petaling Jaya |
Malaysia |
Business Services |
|
|
|
|
|
Subsidiary |
Laguna, Binan |
Philippines |
Business Services |
|
|
|
|
|
Subsidiary |
Tambol |
Thailand |
Business Services |
|
|
|
|
|
Subsidiary |
Taipei, Songshan |
Taiwan |
Business Services |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Business Services |
|
|
|
|
|
Subsidiary |
Yokohama |
Japan |
Business Services |
|
|
|
|
|
Subsidiary |
Jakarta |
Indonesia |
Business Services |
|
|
|
|
|
Subsidiary |
Mount Waverley |
Australia |
Business Services |
|
|
|
|
|
Subsidiary |
Mumbai, Andheri |
India |
Business Services |
|
|
|
|
|
Subsidiary |
Waardenburg |
Netherlands |
Business Services |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Business Services |
|
|
|
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Business Services |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Fabricated Products |
7,053.0 |
18,056 |
RT |
|
|
Subsidiary |
Purchase, NY |
United States |
Miscellaneous Capital Goods |
618.0 |
2,078 |
|
|
|
Subsidiary |
Blossburg, PA |
United States |
Iron and Steel |
411.4 |
989 |
|
|
|
Subsidiary |
Milwaukee, WI |
United States |
Miscellaneous Fabricated Products |
13.5 |
75 |
|
|
|
Subsidiary |
Saint Marys, OH |
United States |
Miscellaneous Capital Goods |
513.0 |
500 |
|
|
|
Branch |
Tioga, PA |
United States |
Miscellaneous Capital Goods |
46.8 |
200 |
|
|
|
Subsidiary |
Effingham, IL |
United States |
Miscellaneous Capital Goods |
58.2 |
180 |
|
|
|
Branch |
Kittanning, PA |
United States |
Miscellaneous Fabricated Products |
9.7 |
50 |
|
|
|
Branch |
Novi, MI |
United States |
Miscellaneous Capital Goods |
34.2 |
30 |
|
|
|
Branch |
Arlington Hts, IL |
United States |
Miscellaneous Capital Goods |
13.7 |
12 |
|
|
|
Branch |
Wellsboro, PA |
United States |
Auto and Truck Parts |
4.5 |
12 |
|
|
|
Branch |
Charlotte, NC |
United States |
Miscellaneous Capital Goods |
8.0 |
7 |
|
|
|
Branch |
San Jose, CA |
United States |
Semiconductors |
4.0 |
7 |
|
|
|
Branch |
Nashville, TN |
United States |
Auto and Truck Parts |
3.1 |
7 |
|
|
|
Facility |
Kumagaya, Saitama-ken |
Japan |
Miscellaneous Fabricated Products |
|
1,000 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Construction - Supplies and Fixtures |
|
574 |
|
|
|
Facility |
Yasugi, Shimane |
Japan |
Construction - Supplies and Fixtures |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Construction - Supplies and Fixtures |
311.6 |
383 |
|
|
|
Subsidiary |
Kennesaw, GA |
United States |
Miscellaneous Fabricated Products |
10.0 |
30 |
|
|
|
Branch |
Portland, OR |
United States |
Electronic Instruments and Controls |
5.3 |
7 |
|
|
|
Subsidiary |
Yabu, Hyogo |
Japan |
Electronic Instruments and Controls |
702.6 |
287 |
|
|
|
Subsidiary |
Phra Nakhon Si Ayutthaya |
Thailand |
Miscellaneous Capital Goods |
36.0 |
200 |
|
|
|
Subsidiary |
Javalera, General Trias, Cavite |
Philippines |
Miscellaneous Capital Goods |
|
200 |
|
|
|
Subsidiary |
Mie |
Japan |
Miscellaneous Fabricated Products |
|
200 |
|
|
|
Facility |
Mooka, Tochigi-ken |
Japan |
Miscellaneous Capital Goods |
|
200 |
|
|
|
Subsidiary |
Kumi, Kyongsangbuk-Do |
Korea, Republic of |
Electronic Instruments and Controls |
54.4 |
197 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Semiconductors |
908.2 |
183 |
|
|
|
Branch |
Seoul, Seoul |
Korea, Republic of |
Furniture and Fixtures |
63.5 |
11 |
|
|
|
Subsidiary |
Takeo, Saga |
Japan |
Electronic Instruments and Controls |
54.1 |
126 |
|
|
|
Subsidiary |
Miyako-Gun, Fukuoka |
Japan |
Miscellaneous Capital Goods |
37.1 |
97 |
|
|
|
Subsidiary |
New Taipei City |
Taiwan |
Semiconductors |
|
89 |
|
|
|
Subsidiary |
Yasugi, Shimane |
Japan |
Miscellaneous Fabricated Products |
7.8 |
80 |
|
|
|
Subsidiary |
Iwaki, Fukushima |
Japan |
Auto and Truck Parts |
18.5 |
64 |
|
|
|
Subsidiary |
Düsseldorf, Nordrhein-Westfalen |
Germany |
Scientific and Technical Instruments |
352.3 |
55 |
|
|
|
Subsidiary |
Suita, Osaka |
Japan |
Miscellaneous Fabricated Products |
282.0 |
|
|
|
|
Subsidiary |
Kitakyushu, Fukuoka |
Japan |
Miscellaneous Capital Goods |
215.6 |
|
|
|
|
Subsidiary |
Yasugi, Shimane |
Japan |
Miscellaneous Fabricated Products |
145.1 |
|
|
|
|
Subsidiary |
Takasaki, Gunma |
Japan |
Engineering Consultants |
132.4 |
|
|
|
|
Subsidiary |
Tsim Sha Tsui, Kowloon |
Hong Kong |
Miscellaneous Capital Goods |
130.7 |
|
|
|
|
Subsidiary |
Minamiuonuma, Niigata |
Japan |
Iron and Steel |
82.8 |
|
|
|
|
Subsidiary |
Koto-Ku, Tokyo |
Japan |
Miscellaneous Capital Goods |
75.8 |
|
|
|
|
Subsidiary |
Taegu, Taegu |
Korea, Republic of |
Auto and Truck Parts |
55.8 |
|
|
|
|
Subsidiary |
Kumagaya, Saitama |
Japan |
Forestry and Wood Products |
55.3 |
|
|
|
|
Subsidiary |
Yasugi, Shimane |
Japan |
Miscellaneous Fabricated Products |
38.8 |
|
|
|
|
Subsidiary |
Kuwana, Mie |
Japan |
Construction - Supplies and Fixtures |
38.5 |
|
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Miscellaneous Capital Goods |
35.0 |
|
|
|
|
Subsidiary |
Chuo-Ku, Tokyo |
Japan |
Business Services |
25.8 |
|
|
|
|
Subsidiary |
Mooka, Tochigi |
Japan |
Recreational Products |
9.3 |
|
|
|
|
Subsidiary |
Gurgaon, Haryana |
India |
Electronic Instruments and Controls |
6.3 |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Fabricated Products |
|
|
|
|
|
Subsidiary |
Wakamatsu-ku |
Japan |
Miscellaneous Fabricated Products |
|
|
|
|
|
Subsidiary |
Tottori |
Japan |
Electronic Instruments and Controls |
|
|
|
|
|
Facility |
Kuwana, Mie-ken |
Japan |
Miscellaneous Fabricated Products |
|
|
|
|
|
Facility |
Saga |
Japan |
Miscellaneous Fabricated Products |
|
|
|
|
|
Subsidiary |
Kuwana, Mie-ken |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Kitakyushu, Fukuoka |
Japan |
Iron and Steel |
|
|
|
|
|
Facility |
Tottori |
Japan |
Electronic Instruments and Controls |
|
|
|
|
|
Facility |
Yasugi, Shimane-ken |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Chemical Manufacturing |
5,991.2 |
16,713 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Electronic Instruments and Controls |
1,074.0 |
2,305 |
|
|
|
Subsidiary |
Mooka, Tochigi |
Japan |
Electronic Instruments and Controls |
151.7 |
|
|
|
|
Subsidiary |
Hirakata, Osaka |
Japan |
Fabricated Plastic and Rubber |
95.6 |
|
|
|
|
Subsidiary |
Arakawa-Ku, Tokyo |
Japan |
Aerospace and Defense |
82.3 |
|
|
|
|
Subsidiary |
Fukaya, Saitama |
Japan |
Fabricated Plastic and Rubber |
67.1 |
|
|
|
|
Subsidiary |
Hachioji |
Japan |
Auto and Truck Parts |
249.0 |
1,099 |
|
|
|
Subsidiary |
Futaba-Gun, Fukushima |
Japan |
Auto and Truck Parts |
72.5 |
150 |
|
|
|
Subsidiary |
Matsudo, Chiba Pref |
Japan |
Miscellaneous Fabricated Products |
477.5 |
905 |
|
|
|
Subsidiary |
Greensburg, IN |
United States |
Miscellaneous Capital Goods |
31.2 |
140 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Fabricated Products |
22.1 |
100 |
|
|
|
Subsidiary |
Chachoengsao |
Thailand |
Miscellaneous Fabricated Products |
|
|
|
|
|
Subsidiary |
Montemorelos, Nuevo Leon |
Mexico |
Auto and Truck Manufacturers |
0.7 |
200 |
|
|
|
Subsidiary |
Tai Po, New Territories |
Hong Kong |
Electronic Instruments and Controls |
|
200 |
|
|
|
Subsidiary |
Rayong |
Thailand |
Miscellaneous Capital Goods |
|
154 |
|
|
|
Subsidiary |
Ansan, Gyeonggi-Do |
Korea, Republic of |
Fabricated Plastic and Rubber |
|
63 |
|
|
|
Subsidiary |
Taipei |
Taiwan |
Chemical Manufacturing |
|
50 |
|
|
|
Subsidiary |
Ansan, Kyonggi-Do |
Korea, Republic of |
Chemical Manufacturing |
54.0 |
48 |
|
|
|
Subsidiary |
Cupertino, CA |
United States |
Chemical Manufacturing |
36.5 |
20 |
|
|
|
Branch |
Westborough, MA |
United States |
Electronic Instruments and Controls |
6.1 |
6 |
|
|
|
Subsidiary |
Marrickville, NSW |
Australia |
Biotechnology and Drugs |
1.7 |
17 |
|
|
|
Subsidiary |
Düsseldorf, Nordrhein-Westfalen |
Germany |
Electronic Instruments and Controls |
|
15 |
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Electronic Instruments and Controls |
659.2 |
|
|
|
|
Branch |
Singapore |
Singapore |
Chemical Manufacturing |
|
6 |
|
|
|
Subsidiary |
Tagawa, Fukuoka |
Japan |
Fabricated Plastic and Rubber |
293.8 |
|
|
|
|
Subsidiary |
Tsuen Wan, New Territories |
Hong Kong |
Electronic Instruments and Controls |
273.6 |
|
|
|
|
Subsidiary |
Hitachi, Ibaraki |
Japan |
Business Services |
236.4 |
|
|
|
|
Subsidiary |
Chikusei, Ibaraki |
Japan |
Electronic Instruments and Controls |
174.1 |
|
|
|
|
Subsidiary |
Shimo Ina-Gun, Nagano |
Japan |
Electronic Instruments and Controls |
90.1 |
|
|
|
|
Subsidiary |
Shinjuku-Ku, Tokyo |
Japan |
Chemical Manufacturing |
143.2 |
|
|
|
|
Subsidiary |
Futaba-Gun, Fukushima |
Japan |
Electronic Instruments and Controls |
44.6 |
|
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Rental and Leasing |
43.7 |
|
|
|
|
Subsidiary |
Prai, Penang |
Malaysia |
Chemicals - Plastics and Rubber |
17.9 |
|
|
|
|
Subsidiary |
Kaohsiung City |
Taiwan |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Foshan, Guangdong Province |
China |
Auto and Truck Parts |
|
|
|
|
|
Joint Venture |
Beijing |
China |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Chashan, Dongguan |
China |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Dongguan, Guangdong Province |
China |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Suzhou, Jangsu Province |
China |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Yantai, Shandong |
China |
Photography |
|
|
|
|
|
Unit |
Ichihara, Chiba |
Japan |
Semiconductors |
|
|
|
|
|
Subsidiary |
Tsuen Wan, New Territories |
Hong Kong |
Electronic Instruments and Controls |
|
|
|
|
|
Unit |
Chikusei, Ibaraki |
Japan |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Bangkok |
Thailand |
Miscellaneous Capital Goods |
|
|
|
|
|
Unit |
Hitachi, Ibaraki |
Japan |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Chiyoda-ku, JP |
Japan |
Electronic Instruments and Controls |
5,477.9 |
14,142 |
|
|
|
Subsidiary |
Phan Thong, Chon Buri |
Thailand |
Auto and Truck Parts |
|
800 |
|
|
|
Subsidiary |
Songjiang Industrial District, Shanghai |
China |
Communications Services |
150.0 |
750 |
|
|
|
Facility |
Lipa, Batangas |
Philippines |
Electronic Instruments and Controls |
|
500 |
|
|
|
Subsidiary |
Senai, Johor |
Malaysia |
Electronic Instruments and Controls |
48.8 |
481 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Construction - Supplies and Fixtures |
78.2 |
396 |
|
|
|
Joint Venture |
Pathumwan, Bangkok |
Thailand |
Miscellaneous Capital Goods |
|
280 |
|
|
|
Subsidiary |
Pathumwan, Bangkok |
Thailand |
Chemicals - Plastics and Rubber |
|
20 |
|
|
|
Subsidiary |
Hitachi, Ibaraki |
Japan |
Construction - Supplies and Fixtures |
430.1 |
220 |
|
|
|
Subsidiary |
Hitachi, Ibaraki |
Japan |
Miscellaneous Fabricated Products |
30.3 |
92 |
|
|
|
Subsidiary |
Yangmei City, Taoyuan |
Taiwan |
Semiconductors |
|
80 |
|
|
|
Subsidiary |
Queretaro, Queretaro |
Mexico |
Electronic Instruments and Controls |
|
35 |
|
|
|
Subsidiary |
Maidenhead |
United Kingdom |
Fabricated Plastic and Rubber |
28.1 |
11 |
|
|
|
Subsidiary |
Ebbw Vale |
United Kingdom |
Fabricated Plastic and Rubber |
17.3 |
28 |
|
|
|
Subsidiary |
Ishioka, Ibaraki |
Japan |
Miscellaneous Fabricated Products |
5,515.9 |
|
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Electronic Instruments and Controls |
935.2 |
|
|
|
|
Subsidiary |
Hitachi, Ibaraki |
Japan |
Miscellaneous Fabricated Products |
367.6 |
|
|
|
|
Subsidiary |
Hitachi, Ibaraki |
Japan |
Fabricated Plastic and Rubber |
176.7 |
|
|
|
|
Subsidiary |
Hitachi, Ibaraki |
Japan |
Trucking |
163.9 |
|
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Software and Programming |
153.2 |
|
|
|
|
Subsidiary |
Kazo, Saitama |
Japan |
Miscellaneous Fabricated Products |
114.9 |
|
|
|
|
Subsidiary |
Yonezawa, Yamagata |
Japan |
Semiconductors |
113.4 |
|
|
|
|
Subsidiary |
Chuo, Yamanashi |
Japan |
Electronic Instruments and Controls |
63.4 |
|
|
|
|
Subsidiary |
Sendai, Miyagi |
Japan |
Fabricated Plastic and Rubber |
51.5 |
|
|
|
|
Subsidiary |
Sapporo, Hokkaido |
Japan |
Electronic Instruments and Controls |
44.2 |
|
|
|
|
Subsidiary |
Makati City |
Philippines |
Miscellaneous Fabricated Products |
|
|
|
|
|
Subsidiary |
Hai Duong |
Viet Nam |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Dalian |
China |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Suzhou, Jiangsu |
China |
Miscellaneous Fabricated Products |
|
|
|
|
|
Hitachi Cable Asia Limited |
Subsidiary |
|
|
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Software and Programming |
|
10,388 |
|
|
|
Subsidiary |
Shinagawa-Ku, Tokyo |
Japan |
Software and Programming |
55.6 |
545 |
|
|
|
Subsidiary |
Osaka |
Japan |
Computer Services |
42.6 |
195 |
|
|
|
Subsidiary |
Shinagawa-Ku, Tokyo |
Japan |
Software and Programming |
132.2 |
|
|
|
|
Subsidiary |
Fukuoka, Fukuoka |
Japan |
Software and Programming |
79.8 |
|
|
|
|
Holding |
Tokyo |
Japan |
Scientific and Technical Instruments |
8,179.5 |
10,340 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Electronic Instruments and Controls |
|
960 |
|
|
|
Subsidiary |
Kumagaya, Saitama Pref |
Japan |
Electronic Instruments and Controls |
|
470 |
|
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Semiconductors |
|
153 |
|
|
|
Subsidiary |
Krefeld, Nordrhein-Westfalen |
Germany |
Miscellaneous Capital Goods |
729.5 |
100 |
|
|
|
Subsidiary |
Velizy-Villacoublay |
France |
Miscellaneous Capital Goods |
36.5 |
10 |
|
|
|
Subsidiary |
Schaumburg, IL |
United States |
Miscellaneous Capital Goods |
724.0 |
60 |
|
|
|
Branch |
Pleasanton, CA |
United States |
Semiconductors |
|
100 |
|
|
|
Branch |
Hillsboro, OR |
United States |
Semiconductors |
17.1 |
30 |
|
|
|
Branch |
Scottsdale, AZ |
United States |
Semiconductors |
|
15 |
|
|
|
Branch |
Dallas, TX |
United States |
Semiconductors |
5.7 |
10 |
|
|
|
Branch |
Huntsville, AL |
United States |
Electronic Instruments and Controls |
7.1 |
7 |
|
|
|
Branch |
Gaithersburg, MD |
United States |
Electronic Instruments and Controls |
5.3 |
7 |
|
|
|
Branch |
Dallas, TX |
United States |
Miscellaneous Capital Goods |
4.0 |
7 |
|
|
|
Branch |
Gaithersburg, MD |
United States |
Electronic Instruments and Controls |
5.3 |
6 |
|
|
|
Branch |
Lexington, KY |
United States |
Miscellaneous Capital Goods |
|
6 |
|
|
|
Branch |
New Brunswick, NJ |
United States |
Miscellaneous Capital Goods |
|
2 |
|
|
|
Subsidiary |
London |
United Kingdom |
Scientific and Technical Instruments |
|
17 |
|
|
|
Subsidiary |
Etobicoke, ON |
Canada |
Electronic Instruments and Controls |
13.0 |
15 |
|
|
|
Subsidiary |
Ramat Gan |
Israel |
Business Services |
|
14 |
|
|
|
Subsidiary |
Dublin |
Ireland |
Business Services |
|
5 |
|
|
|
Subsidiary |
Richmond, BC |
Canada |
Scientific and Technical Instruments |
|
2 |
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Engineering Consultants |
8,186.1 |
|
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Business Services |
97.4 |
|
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Business Services |
502.1 |
|
|
|
|
Subsidiary |
Chuo-Ku, Tokyo |
Japan |
Scientific and Technical Instruments |
488.0 |
|
|
|
|
Subsidiary |
Hitachinaka, Ibaraki |
Japan |
Business Services |
405.6 |
|
|
|
|
Subsidiary |
Mito, Ibaraki |
Japan |
Scientific and Technical Instruments |
314.3 |
|
|
|
|
Subsidiary |
Kawasaki |
Japan |
Business Services |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Business Services |
|
|
|
|
|
Subsidiary |
Shenzhen |
China |
Business Services |
|
|
|
|
|
Subsidiary |
Hong Kong |
China |
Business Services |
|
|
|
|
|
Subsidiary |
Dalian, Liaoning |
China |
Scientific and Technical Instruments |
|
|
|
|
|
Holding |
Saitama-Shi |
Japan |
Audio and Video Equipment |
2,364.6 |
9,975 |
|
|
|
Subsidiary |
Dongguan, Guangdong |
China |
Audio and Video Equipment |
|
2,600 |
|
|
|
Subsidiary |
México, D.F. |
Mexico |
Audio and Video Equipment |
175.0 |
1,440 |
|
|
|
Facility |
San Juan del Rio, Queretaro |
Mexico |
Audio and Video Equipment |
|
15 |
|
|
|
Subsidiary |
Xiamen, Fujian |
China |
Audio and Video Equipment |
|
1,031 |
|
|
|
Subsidiary |
Rosario |
Philippines |
Audio and Video Equipment |
17.8 |
900 |
|
|
|
Subsidiary |
Nagykata |
Hungary |
Audio and Video Equipment |
120.0 |
600 |
|
|
|
Subsidiary |
Bayan Lepas, Pinang |
Malaysia |
Audio and Video Equipment |
63.9 |
500 |
|
|
|
Subsidiary |
Pluak Daeng, Rayong |
Thailand |
Auto and Truck Parts |
|
60 |
|
|
|
Subsidiary |
Gardena, CA |
United States |
Appliance and Tool |
4.1 |
250 |
|
|
|
Branch |
Charlotte, NC |
United States |
Biotechnology and Drugs |
|
2,000 |
|
|
|
Subsidiary |
Kowloon |
Hong Kong |
Audio and Video Equipment |
1.0 |
100 |
|
|
|
Subsidiary |
Kowloon |
Hong Kong |
Audio and Video Equipment |
|
100 |
|
|
|
Subsidiary |
Walton, KY |
United States |
Audio and Video Equipment |
103.0 |
65 |
|
|
|
Subsidiary |
Oakville, ON |
Canada |
Communications Services |
32.1 |
30 |
|
|
|
Subsidiary |
Moorabbin, VIC |
Australia |
Audio and Video Equipment |
13.4 |
30 |
|
|
|
Subsidiary |
San Juan Del Rio, Queretaro |
Mexico |
Electronic Instruments and Controls |
158.7 |
22 |
|
|
|
Subsidiary |
Santa Maria, Rio Grande Do Sul |
Brazil |
Electronic Instruments and Controls |
|
20 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Audio and Video Equipment |
|
12 |
|
|
|
Subsidiary |
Hayward, CA |
United States |
Audio and Video Equipment |
|
3 |
|
|
|
Subsidiary |
Saitama, Saitama |
Japan |
Electronic Instruments and Controls |
135.8 |
|
|
|
|
Subsidiary |
Kooriyama, Fukushima |
Japan |
Auto and Truck Parts |
99.3 |
|
|
|
|
Subsidiary |
Bayan Lepas, Pulau Pinang |
Malaysia |
Electronic Instruments and Controls |
21.4 |
|
|
|
|
Subsidiary |
Taipei, Hsien |
Taiwan |
Audio and Video Equipment |
1.0 |
|
|
|
|
Subsidiary |
Saitama-shi |
Japan |
Business Services |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Koriyama-shi |
Japan |
Appliance and Tool |
|
|
|
|
|
Subsidiary |
Cavite |
Philippines |
Audio and Video Equipment |
|
|
|
|
|
Subsidiary |
Gardena, CA |
United States |
Appliance and Tool |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Construction Services |
3,509.5 |
6,500 |
|
|
|
Division |
Tokyo |
Japan |
Construction Services |
|
2,000 |
|
|
|
Branch |
Amagasaki, Osaka |
Japan |
Construction and Agriculture Machinery |
250.0 |
630 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Capital Goods |
108.1 |
500 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Construction Services |
|
500 |
|
|
|
Subsidiary |
Saitama |
Japan |
Electronic Instruments and Controls |
205.9 |
496 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Metal Mining |
|
350 |
|
|
|
Subsidiary |
Kudamatsu, Yamaguchi |
Japan |
Miscellaneous Transportation |
|
300 |
|
|
|
Subsidiary |
Kudamatsu, Yamaguchi |
Japan |
Miscellaneous Capital Goods |
|
300 |
|
|
|
Subsidiary |
Makati |
Philippines |
Construction Services |
8.0 |
200 |
|
|
|
Subsidiary |
Tomakomai |
Japan |
Business Services |
|
120 |
|
|
|
Subsidiary |
Makati , Metro Manila |
Philippines |
Construction Services |
|
100 |
|
|
|
Division |
Singapore |
Singapore |
Semiconductors |
19.2 |
50 |
|
|
|
Subsidiary |
Yixing, Jiangsu |
China |
Miscellaneous Capital Goods |
|
50 |
|
|
|
Subsidiary |
Kuala Lumpur |
Malaysia |
Miscellaneous Capital Goods |
|
50 |
|
|
|
Subsidiary |
Nanjing |
China |
Computer Peripherals |
|
40 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Waste Management Services |
|
30 |
|
|
|
Subsidiary |
Sathon, Bangkok |
Thailand |
Engineering Consultants |
|
15 |
|
|
|
Subsidiary |
Cairo |
Egypt |
Business Services |
|
5 |
|
|
|
Subsidiary |
Toshima-Ku, Tokyo |
Japan |
Construction Services |
290.7 |
|
|
|
|
Subsidiary |
Toshima-Ku, Tokyo |
Japan |
Construction Services |
213.0 |
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Engineering Consultants |
|
25 |
|
|
|
Subsidiary |
Brisbane, QLD |
Australia |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
Suzhou |
China |
Construction Services |
|
|
|
|
|
Subsidiary |
Wuxi |
China |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Giza |
Jordan |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
Puerto Ordaz |
Venezuela |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Trucking |
|
|
|
|
|
Subsidiary |
Tsuchiura, Ibaraki |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Construction Services |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Jiaxing, Zhejiang |
China |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Communications Equipment |
1,864.0 |
5,477 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Communications Equipment |
|
400 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Communications Services |
|
378 |
|
|
|
Subsidiary |
Katagami, Akita |
Japan |
Communications Equipment |
63.6 |
297 |
|
|
|
Subsidiary |
Hamura |
Japan |
Miscellaneous Capital Goods |
|
242 |
|
|
|
Subsidiary |
Cheonan |
Korea, Republic of |
Miscellaneous Capital Goods |
126.6 |
226 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Communications Services |
|
194 |
|
|
|
Subsidiary |
Erkrath, Nordrhein-Westfalen |
Germany |
Appliance and Tool |
15.0 |
43 |
|
|
|
Subsidiary |
Woodbury, NY |
United States |
Motion Pictures |
|
15 |
|
|
|
Subsidiary |
San Jose, CA |
United States |
Electronic Instruments and Controls |
|
90 |
|
|
|
Branch |
Vancouver, WA |
United States |
Semiconductors |
17.1 |
30 |
|
|
|
Subsidiary |
Erkrath |
Germany |
Semiconductors |
7.1 |
12 |
|
|
|
Subsidiary |
Erkrath |
Germany |
Communications Services |
|
11 |
|
|
|
Subsidiary |
Scarborough, ON |
Canada |
Communications Equipment |
2.6 |
4 |
|
|
|
Subsidiary |
Saitama, Saitama |
Japan |
Construction Services |
171.5 |
|
|
|
|
Subsidiary |
Nikaho, Akita |
Japan |
Communications Equipment |
9.0 |
|
|
|
|
Subsidiary |
Kodaira, Tokyo |
Japan |
Electronic Instruments and Controls |
111.7 |
|
|
|
|
Subsidiary |
Toyama, Toyama |
Japan |
Business Services |
70.6 |
|
|
|
|
Subsidiary |
Kodaira, Tokyo |
Japan |
Electronic Instruments and Controls |
52.2 |
|
|
|
|
Subsidiary |
Shinjuku-Ku, Tokyo |
Japan |
Electronic Instruments and Controls |
24.6 |
|
|
|
|
Subsidiary |
Hamura, Tokyo |
Japan |
Construction Services |
3.5 |
|
|
|
|
Subsidiary |
Cheonan-Si |
Korea, Republic of |
Appliance and Tool |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Appliance and Tool |
|
|
|
|
|
Subsidiary |
Erkrath |
Japan |
Appliance and Tool |
|
|
|
|
|
Subsidiary |
Nikaho-shi |
Japan |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Hsin-chu |
Taiwan |
Semiconductors |
|
|
|
|
|
Branch |
Singapore |
Singapore |
Miscellaneous Capital Goods |
|
5 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Fabricated Products |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Medical Equipment and Supplies |
2,105.3 |
5,416 |
|
|
|
Subsidiary |
Shinagawa-Ku, Tokyo |
Japan |
Software and Programming |
63.9 |
|
|
|
|
Subsidiary |
Beijing |
China |
Medical Equipment and Supplies |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Business Services |
2,058.1 |
5,035 |
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Business Services |
160.7 |
|
|
|
|
Subsidiary |
Hiroshima, Hiroshima |
Japan |
Software and Programming |
12.2 |
|
|
|
|
Subsidiary |
Sapporo-shi |
Japan |
Software and Programming |
|
|
|
|
|
Subsidiary |
Fukuoka-shi |
Japan |
Software and Programming |
|
|
|
|
|
Subsidiary |
Imabari-shi |
Japan |
Software and Programming |
|
|
|
|
|
Subsidiary |
Chaoyang District, Beijing |
China |
Electronic Instruments and Controls |
1,000.0 |
5,000 |
|
|
|
Holding |
Osaka |
Japan |
Business Services |
|
5,000 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Scientific and Technical Instruments |
|
5,000 |
|
|
|
Division |
Tainai, Niigata-ken |
Japan |
Electronic Instruments and Controls |
|
500 |
|
|
|
Subsidiary |
Narashino, Chiba |
Japan |
Software and Programming |
79.3 |
|
|
|
|
Subsidiary |
Narashino, Chiba |
Japan |
Construction Services |
60.5 |
|
|
|
|
Subsidiary |
Amagasaki, Hyogo |
Japan |
Business Services |
56.1 |
|
|
|
|
Hitachi
Industrial Equipment Systems Co., Ltd. - Sagami Division |
Division |
Ayase, Kanagawa-ken |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
Hitachi
Industrial Equipment Systems Co., Ltd. - Ebina Division |
Division |
Ebina, Kanagawa-ken |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
Hitachi
Industrial Equipment Systems Co., Ltd. - Narashino Division |
Division |
Narashino, Chiba |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
Hitachi
Industrial Equipment Systems Co., Ltd. - Air Compressor System Division |
Division |
Shizuoka |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Consumer Financial Services |
1,177.7 |
4,693 |
|
|
|
|
|||||||
|
Subsidiary |
Hounslow |
United Kingdom |
Consumer Financial Services |
471.0 |
543 |
|
|
|
Subsidiary |
Newbury |
United Kingdom |
Rental and Leasing |
257.6 |
259 |
|
|
|
Hitachi
Capital (UK) PLC - Hitachi Capital Commercial Vehicle Services Division |
Division |
Trowbridge |
United Kingdom |
Consumer Financial Services |
|
50 |
|
|
Subsidiary |
Telford |
United Kingdom |
Investment Services |
|
47 |
|
|
|
Subsidiary |
Dublin |
Ireland |
Insurance (Accident and Health) |
15.1 |
2 |
|
|
|
Subsidiary |
Norwalk, CT |
United States |
Investment Services |
|
100 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Insurance (Property and Casualty) |
|
100 |
|
|
|
Subsidiary |
Mongkok, Kowloon |
Hong Kong |
Business Services |
11.2 |
70 |
|
|
|
Subsidiary |
Beijing |
China |
Consumer Financial Services |
|
60 |
|
|
|
Subsidiary |
Naha, Okinawa |
Japan |
Retail (Specialty) |
51.5 |
19 |
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Rental and Leasing |
473.2 |
|
|
|
|
Subsidiary |
Osaka, Osaka |
Japan |
Rental and Leasing |
138.7 |
|
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Business Services |
79.4 |
|
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Business Services |
36.3 |
|
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Insurance (Property and Casualty) |
|
|
|
|
|
Subsidiary |
Naha |
China |
Business Services |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Investment Services |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Financial Services |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Business Services |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Business Services |
|
|
|
|
|
Subsidiary |
Bangkok |
Thailand |
Rental and Leasing |
|
|
|
|
|
Subsidiary |
Tarrytown, NY |
United States |
Electronic Instruments and Controls |
81,664.3 |
4,400 |
|
|
|
Subsidiary |
Tijuana, Baja California |
Mexico |
Audio and Video Equipment |
75.0 |
300 |
|
|
|
Branch |
Chula Vista, CA |
United States |
Medical Equipment and Supplies |
40.3 |
125 |
|
|
|
Branch |
Woodbury, NY |
United States |
Medical Equipment and Supplies |
9.7 |
30 |
|
|
|
Subsidiary |
Latham, NY |
United States |
Construction Services |
|
30 |
|
|
|
Branch |
St Louis, MO |
United States |
Engineering Consultants |
6.2 |
30 |
|
|
|
Branch |
Anoka, MN |
United States |
Miscellaneous Capital Goods |
23.1 |
20 |
|
|
|
Branch |
Clifton Park, NY |
United States |
Electronic Instruments and Controls |
15.3 |
20 |
|
|
|
Branch |
Willoughby, OH |
United States |
Miscellaneous Fabricated Products |
11.4 |
20 |
|
|
|
Branch |
Charlotte, NC |
United States |
Miscellaneous Capital Goods |
7.4 |
13 |
|
|
|
Branch |
Carrollton, TX |
United States |
Semiconductors |
5.7 |
10 |
|
|
|
Subsidiary |
Lawrenceville, GA |
United States |
Computer Hardware |
|
10 |
|
|
|
Branch |
Brookfield, WI |
United States |
Electronic Instruments and Controls |
7.1 |
7 |
|
|
|
Branch |
Princeton, NJ |
United States |
Electronic Instruments and Controls |
5.3 |
7 |
|
|
|
Branch |
Houston, TX |
United States |
Miscellaneous Capital Goods |
3.3 |
6 |
|
|
|
Subsidiary |
S San Francisco, CA |
United States |
Business Services |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Capital Goods |
|
3,050 |
|
|
|
Subsidiary |
Osaka |
Japan |
Audio and Video Equipment |
1,718.2 |
2,618 |
|
|
|
Subsidiary |
Telford |
United Kingdom |
Audio and Video Equipment |
184.9 |
171 |
|
|
|
Subsidiary |
Panama |
Panama |
Electronic Instruments and Controls |
|
40 |
|
|
|
Subsidiary |
Woodland Park, NJ |
United States |
Audio and Video Equipment |
700.0 |
30 |
|
|
|
Division |
Woodland Park, NJ |
United States |
Miscellaneous Capital Goods |
|
60 |
|
|
|
Division |
Woodland Park, NJ |
United States |
Miscellaneous Capital Goods |
|
20 |
|
|
|
Subsidiary |
Meerbusch |
Germany |
Appliance and Tool |
98.4 |
28 |
|
|
|
Subsidiary |
Taipei |
Taiwan |
Electronic Instruments and Controls |
|
17 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Audio and Video Equipment |
73.4 |
14 |
|
|
|
Subsidiary |
Budapest |
Hungary |
Electronic Instruments and Controls |
10.9 |
10 |
|
|
|
Subsidiary |
Barcelona |
Spain |
Computer Peripherals |
4.1 |
5 |
|
|
|
Subsidiary |
Concord, ON |
Canada |
Audio and Video Equipment |
3.8 |
3 |
|
|
|
Subsidiary |
Batu Berendam, Melaka |
Malaysia |
Fabricated Plastic and Rubber |
23.4 |
|
|
|
|
Subsidiary |
Kowloon |
Hong Kong |
Audio and Video Equipment |
|
|
|
|
|
Subsidiary |
Cergy Pontoise |
France |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
São Paulo , São Paulo |
Brazil |
Miscellaneous Capital Goods |
489.0 |
2,600 |
|
|
|
Subsidiary |
Hitachi, Ibaraki |
Japan |
Software and Programming |
|
2,600 |
|
|
|
Subsidiary |
Hitachi, Ibaraki |
Japan |
Software and Programming |
130.5 |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Business Services |
|
2,300 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Medical Equipment and Supplies |
485.5 |
1,712 |
|
|
|
Subsidiary |
Wallingford, CT |
United States |
Medical Equipment and Supplies |
6.4 |
20 |
|
|
|
Subsidiary |
Wellingborough |
United Kingdom |
Retail (Specialty) |
3.6 |
21 |
|
|
|
Subsidiary |
Guangzhou |
China |
Medical Equipment and Supplies |
|
|
|
|
|
Subsidiary |
Guangzhou, Guangdong Province |
China |
Miscellaneous Capital Goods |
1,031.7 |
1,900 |
|
|
|
Subsidiary |
Bekasi, West Java |
Indonesia |
Construction and Agriculture Machinery |
|
1,870 |
|
|
|
Subsidiary |
Duisburg, Nordrhein-Westfalen |
Germany |
Miscellaneous Capital Goods |
39.7 |
1,619 |
|
|
|
Subsidiary |
Darmstadt, Hessen |
Germany |
Engineering Consultants |
101.9 |
350 |
|
|
|
Subsidiary |
Duisburg, Nordrhein-Westfalen |
Germany |
Engineering Consultants |
30.8 |
232 |
|
|
|
|
|||||||
|
Subsidiary |
Meerane, Sachsen |
Germany |
Miscellaneous Capital Goods |
|
150 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Computer Hardware |
1,036.4 |
1,529 |
|
|
|
Subsidiary |
Bandar Baru Bangi, Selangor |
Malaysia |
Appliance and Tool |
449.3 |
1,500 |
|
|
|
Subsidiary |
Hitachi, Ibaraki |
Japan |
Miscellaneous Capital Goods |
|
1,500 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Capital Goods |
1,462.3 |
1,321 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Capital Goods |
63.8 |
320 |
|
|
|
Subsidiary |
Dubai |
United Arab Emirates |
Construction Services |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Software and Programming |
|
175 |
|
|
|
Subsidiary |
Norcross, GA |
United States |
Miscellaneous Capital Goods |
|
150 |
|
|
|
Division |
Pendergrass, GA |
United States |
Miscellaneous Capital Goods |
31.5 |
175 |
|
|
|
Subsidiary |
Taichung City |
Taiwan |
Appliance and Tool |
|
90 |
|
|
|
Subsidiary |
Willich, Nordrhein-Westfalen |
Germany |
Miscellaneous Capital Goods |
45.9 |
65 |
|
|
|
Subsidiary |
Kjeller |
Norway |
Miscellaneous Capital Goods |
63.3 |
62 |
|
|
|
Facility |
Haramachi, Fukushima |
Japan |
Appliance and Tool |
1.0 |
55 |
|
|
|
Subsidiary |
Evry |
France |
Miscellaneous Capital Goods |
65.4 |
49 |
|
|
|
Subsidiary |
Milton Keynes |
United Kingdom |
Construction and Agriculture Machinery |
27.5 |
41 |
|
|
|
Subsidiary |
Sollentuna |
Sweden |
Miscellaneous Capital Goods |
33.5 |
32 |
|
|
|
Subsidiary |
Mississauga, ON |
Canada |
Miscellaneous Capital Goods |
21.3 |
30 |
|
|
|
Subsidiary |
Seven Hills, NSW |
Australia |
Miscellaneous Capital Goods |
12.5 |
23 |
|
|
|
Subsidiary |
Bengaluru |
India |
Miscellaneous Capital Goods |
|
23 |
|
|
|
Subsidiary |
Wemmel |
Belgium |
Appliance and Tool |
22.0 |
22 |
|
|
|
Subsidiary |
Esbjerg N |
Denmark |
Miscellaneous Capital Goods |
13.4 |
11 |
|
|
|
Subsidiary |
Lahti |
Finland |
Miscellaneous Capital Goods |
8.7 |
11 |
|
|
|
Subsidiary |
Tsuen Wan |
Hong Kong |
Miscellaneous Capital Goods |
1.0 |
|
|
|
|
Subsidiary |
Fuzhou City, Fu Jian |
China |
Appliance and Tool |
75.3 |
881 |
|
|
|
Subsidiary |
Guangzhou City, Guang Dong |
China |
Appliance and Tool |
198.8 |
648 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Appliance and Tool |
1.0 |
|
|
|
|
Subsidiary |
Hitachinaka |
Japan |
Personal and Household Products |
1.0 |
|
|
|
|
Subsidiary |
Breda, Noord-Brabant |
Netherlands |
Miscellaneous Financial Services |
|
|
|
|
|
Subsidiary |
Breda, Noord-Brabant |
Netherlands |
Construction and Agriculture Machinery |
|
19 |
|
|
|
Subsidiary |
Decines Charpieu |
France |
Construction and Agriculture Machinery |
3.6 |
7 |
|
|
|
Subsidiary |
Owariasahi, Aichi |
Japan |
Computer Peripherals |
|
1,267 |
|
|
|
Subsidiary |
Subic |
Philippines |
Computer Hardware |
|
|
|
|
|
Subsidiary |
Yokohama, Kanagawa Pref |
Japan |
Software and Programming |
|
1,250 |
|
|
|
Subsidiary |
Yokohama-Shi |
Japan |
Software and Programming |
142.3 |
1,174 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Capital Goods |
1.0 |
1,153 |
|
|
|
Subsidiary |
Bauan, Batangas |
Philippines |
Miscellaneous Capital Goods |
18.9 |
558 |
|
|
|
Subsidiary |
Makati |
Philippines |
Metal Mining |
12.0 |
350 |
|
|
|
Subsidiary |
Kure, Hiroshima |
Japan |
Software and Programming |
79.1 |
|
|
|
|
Subsidiary |
Kokubunji |
Japan |
Semiconductors |
197.0 |
1,142 |
|
|
|
Subsidiary |
Akita, Akita |
Japan |
Electronic Instruments and Controls |
19.3 |
151 |
|
|
|
Branch |
Nagoya, Aichi |
Japan |
Semiconductors |
|
|
|
|
|
Subsidiary |
Dallas, TX |
United States |
Business Services |
213.0 |
835 |
|
|
|
Branch |
Seattle, WA |
United States |
Business Services |
47.8 |
200 |
|
|
|
Branch |
Irvine, CA |
United States |
Business Services |
47.8 |
200 |
|
|
|
Branch |
San Francisco, CA |
United States |
Business Services |
28.7 |
120 |
|
|
|
Branch |
Denver, CO |
United States |
Business Services |
26.8 |
112 |
|
|
|
Branch |
Houston, TX |
United States |
Business Services |
21.5 |
90 |
|
|
|
Branch |
Los Angeles, CA |
United States |
Business Services |
17.9 |
75 |
|
|
|
Branch |
Chicago, IL |
United States |
Retail (Technology) |
17.2 |
50 |
|
|
|
Subsidiary |
Gaithersburg, MD |
United States |
Business Services |
|
49 |
|
|
|
Branch |
Boston, MA |
United States |
Business Services |
4.8 |
20 |
|
|
|
Branch |
Atlanta, GA |
United States |
Business Services |
3.6 |
15 |
|
|
|
Subsidiary |
Newark, CA |
United States |
Business Services |
2.9 |
12 |
|
|
|
Branch |
Bellevue, WA |
United States |
Business Services |
2.9 |
12 |
|
|
|
Branch |
Waltham, MA |
United States |
Business Services |
2.9 |
12 |
|
|
|
Branch |
Edison, NJ |
United States |
Business Services |
2.4 |
10 |
|
|
|
Subsidiary |
London |
United Kingdom |
Computer Services |
|
|
|
|
|
Subsidiary |
London |
United Kingdom |
Computer Services |
|
70 |
|
|
|
Subsidiary |
Ebina, Kanagawa |
Japan |
Electronic Instruments and Controls |
406.0 |
800 |
|
|
|
Subsidiary |
Poole |
United Kingdom |
Miscellaneous Capital Goods |
8.8 |
171 |
|
|
|
Subsidiary |
San Jose, CA |
United States |
Electronic Instruments and Controls |
|
17 |
|
|
|
Branch |
Londonderry, NH |
United States |
Electronic Instruments and Controls |
6.0 |
30 |
|
|
|
Subsidiary |
San Jose, CA |
United States |
Electronic Instruments and Controls |
|
3 |
|
|
|
Subsidiary |
Lerma, Estado de México |
Mexico |
Auto and Truck Parts |
|
800 |
|
|
|
Subsidiary |
Bandar Baru Bangi, Selangor |
Malaysia |
Miscellaneous Capital Goods |
113.8 |
750 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Capital Goods |
216.7 |
725 |
|
|
|
Subsidiary |
Hilden, Nordrhein-Westfalen |
Germany |
Miscellaneous Capital Goods |
|
55 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Electronic Instruments and Controls |
2,230.6 |
700 |
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Electronic Instruments and Controls |
126.1 |
432 |
|
|
|
Facility |
Yokohama |
Japan |
Appliance and Tool |
|
|
|
|
|
Subsidiary |
Gurgaon |
India |
Electronic Instruments and Controls |
|
700 |
|
|
|
Subsidiary |
Mehsana |
India |
Appliance and Tool |
166.8 |
694 |
|
|
|
Branch |
Tokyo |
Japan |
Appliance and Tool |
3,750.0 |
17,700 |
|
|
|
Subsidiary |
Wuhu City, An Hui |
China |
Miscellaneous Fabricated Products |
122.4 |
1,300 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Software and Programming |
|
210 |
|
|
|
Subsidiary |
Ayutthaya |
Thailand |
Miscellaneous Capital Goods |
38.0 |
200 |
|
|
|
Subsidiary |
Tochigi, Tochigi |
Japan |
Waste Management Services |
54.8 |
80 |
|
|
|
Subsidiary |
Manaus, Amazonas |
Brazil |
Miscellaneous Capital Goods |
111.9 |
50 |
|
|
|
Subsidiary |
Tochigi, Tochigi |
Japan |
Miscellaneous Capital Goods |
292.2 |
|
|
|
|
Subsidiary |
Nerima-Ku, Tokyo |
Japan |
Miscellaneous Capital Goods |
173.6 |
|
|
|
|
Subsidiary |
Niigata, Niigata |
Japan |
Miscellaneous Capital Goods |
92.0 |
|
|
|
|
Subsidiary |
Fukuoka, Fukuoka |
Japan |
Miscellaneous Capital Goods |
50.5 |
|
|
|
|
Subsidiary |
Osaka, Osaka |
Japan |
Miscellaneous Capital Goods |
45.2 |
|
|
|
|
Subsidiary |
Shizuoka, Shizuoka |
Japan |
Construction Services |
44.7 |
|
|
|
|
Subsidiary |
Koto-Ku, Tokyo |
Japan |
Construction Services |
15.4 |
|
|
|
|
Subsidiary |
Qingdao, Shan Dong |
China |
Miscellaneous Capital Goods |
0.0 |
|
|
|
|
Subsidiary |
Shanghai |
China |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Guangzhou |
China |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Business Services |
98.4 |
630 |
|
|
|
Subsidiary |
Yokohama |
Japan |
Furniture and Fixtures |
|
605 |
|
|
|
Subsidiary |
Dalian |
China |
Electronic Instruments and Controls |
54.3 |
604 |
|
|
|
Subsidiary |
Shanghai |
China |
Auto and Truck Parts |
|
600 |
|
|
|
Subsidiary |
Bekasi |
Indonesia |
Construction and Agriculture Machinery |
211.0 |
595 |
|
|
|
Subsidiary |
Hitachi, Ibaraki |
Japan |
Miscellaneous Capital Goods |
160.3 |
591 |
|
|
|
Subsidiary |
Chon Buri |
Thailand |
Auto and Truck Parts |
|
580 |
|
|
|
Subsidiary |
Hitachi, Ibaraki |
Japan |
Miscellaneous Capital Goods |
|
570 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Real Estate Operations |
416.9 |
450 |
|
|
|
Subsidiary |
Tainai, Niigata |
Japan |
Electronic Instruments and Controls |
29.9 |
210 |
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Retail (Specialty) |
12.8 |
190 |
|
|
|
Subsidiary |
Toshima-Ku, Tokyo |
Japan |
Business Services |
138.8 |
|
|
|
|
Subsidiary |
Shizuoka, Shizuoka |
Japan |
Miscellaneous Capital Goods |
60.3 |
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Software and Programming |
75.2 |
409 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Computer Services |
894.0 |
400 |
|
|
|
Branch |
Makati , Metro Manila |
Philippines |
Miscellaneous Capital Goods |
267.0 |
100 |
|
|
|
Subsidiary |
Kuala Lumpur, Wilayah Persekutuan |
Malaysia |
Miscellaneous Capital Goods |
23.0 |
100 |
|
|
|
Subsidiary |
Suriyawong, Bangrak, Bangkok |
Thailand |
Miscellaneous Capital Goods |
19.0 |
100 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Computer Peripherals |
884.1 |
400 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Electronic Instruments and Controls |
125.5 |
800 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Capital Goods |
92.1 |
361 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Water Utilities |
|
243 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Construction and Agriculture Machinery |
|
100 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Electronic Instruments and Controls |
223.0 |
85 |
|
|
|
Subsidiary |
Makati, NC |
Philippines |
Miscellaneous Capital Goods |
19.0 |
100 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Investment Services |
|
70 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Electronic Instruments and Controls |
226.2 |
60 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Audio and Video Equipment |
115.5 |
49 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Capital Goods |
201.6 |
47 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Computer Networks |
76.5 |
41 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Chemical Manufacturing |
179.9 |
34 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Electronic Instruments and Controls |
78.7 |
26 |
|
|
|
Branch |
Tsim Sha Tsui, Kowloon |
Hong Kong |
Miscellaneous Capital Goods |
|
13 |
|
|
|
Branch |
Muntinlupa |
Philippines |
Business Services |
|
4 |
|
|
|
Subsidiary |
Bangalore |
India |
Appliance and Tool |
1.0 |
22 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Public Sector and Government |
|
18 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Medical Equipment and Supplies |
|
11 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Computer Networks |
|
10 |
|
|
|
Subsidiary |
Jiaxing, Zhejiang |
China |
Construction - Supplies and Fixtures |
|
400 |
|
|
|
Subsidiary |
Kure |
Japan |
Software and Programming |
|
392 |
|
|
|
Subsidiary |
Bangkok |
Thailand |
Miscellaneous Capital Goods |
|
390 |
|
|
|
Facility |
Chon Buri |
Thailand |
Miscellaneous Capital Goods |
|
170 |
|
|
|
Subsidiary |
Guangzhou City, Guang Dong |
China |
Miscellaneous Capital Goods |
37.7 |
377 |
|
|
|
Subsidiary |
Chachoengsao |
Thailand |
Electronic Instruments and Controls |
|
360 |
|
|
|
Subsidiary |
Pune |
India |
Computer Networks |
|
350 |
|
|
|
Subsidiary |
Slough |
United Kingdom |
Computer Services |
1,077.5 |
340 |
|
|
|
Subsidiary |
Hitachinaka, Ibaraki |
Japan |
Communications Equipment |
77.6 |
320 |
|
|
|
Subsidiary |
Saskatoon, SK |
Canada |
Miscellaneous Capital Goods |
4.4 |
300 |
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Miscellaneous Capital Goods |
18.0 |
296 |
|
|
|
Subsidiary |
Shibuya-Ku |
Japan |
Waste Management Services |
201.6 |
295 |
|
|
|
Subsidiary |
Vacarisses, Barcelona |
Spain |
Miscellaneous Capital Goods |
90.1 |
272 |
|
|
|
Joint Venture |
Changsha City, Hu Nan |
China |
Electronic Instruments and Controls |
54.9 |
272 |
|
|
|
Subsidiary |
Petaling Jaya, Selangor |
Malaysia |
Computer Services |
10.2 |
261 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Financial Services |
1.9 |
10 |
|
|
|
Subsidiary |
London |
United Kingdom |
Computer Services |
30.8 |
260 |
|
|
|
Subsidiary |
London |
United Kingdom |
Computer Services |
31.1 |
42 |
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Computer Services |
30.7 |
246 |
|
|
|
Subsidiary |
Olivet |
France |
Computer Hardware |
355.3 |
224 |
|
|
|
Subsidiary |
Maidenhead |
United Kingdom |
Business Services |
451.2 |
216 |
|
|
|
Subsidiary |
Duisburg |
Germany |
Miscellaneous Capital Goods |
180.8 |
1,100 |
|
|
|
Subsidiary |
Leiden |
Netherlands |
Miscellaneous Capital Goods |
|
500 |
|
|
|
Subsidiary |
Johannesburg |
South Africa |
Electric Utilities |
|
300 |
|
|
|
Subsidiary |
London |
United Kingdom |
Electronic Instruments and Controls |
|
383 |
|
|
|
Subsidiary |
Leeds |
United Kingdom |
Investment Services |
|
200 |
|
|
|
Subsidiary |
Bolton |
United Kingdom |
Recreational Products |
148.6 |
136 |
|
|
|
Subsidiary |
Düsseldorf, Nordrhein-Westfalen |
Germany |
Appliance and Tool |
53.9 |
80 |
|
|
|
Subsidiary |
Milano, Milano |
Italy |
Business Services |
|
47 |
|
|
|
Subsidiary |
Düsseldorf |
Germany |
Appliance and Tool |
175.0 |
|
|
|
|
Subsidiary |
Lyon |
France |
Furniture and Fixtures |
6,633.0 |
|
|
|
|
Subsidiary |
Nuneaton |
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
|
Hitachi
Europe Ltd. - Air Conditioning and Refrigeration Group Division |
Division |
Maidenhead |
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
Division |
Maidenhead |
United Kingdom |
Electronic Instruments and Controls |
|
|
|
|
|
Division |
Maidenhead |
United Kingdom |
Computer Networks |
|
|
|
|
|
Division |
Maidenhead |
United Kingdom |
Semiconductors |
|
|
|
|
|
Subsidiary |
Bastia Umbra, Perugia |
Italy |
Construction and Agriculture Machinery |
193.5 |
203 |
|
|
|
Subsidiary |
Pace Del Mela, Messina |
Italy |
Business Services |
4.1 |
6 |
|
|
|
Joint Venture |
Queezon |
Philippines |
Construction Services |
2.0 |
200 |
|
|
|
Subsidiary |
Shanghai |
China |
Miscellaneous Capital Goods |
|
200 |
|
|
|
Subsidiary |
Kowloon |
Hong Kong |
Miscellaneous Capital Goods |
|
200 |
|
|
|
Subsidiary |
Dasmarinas, Cavite |
Philippines |
Electronic Instruments and Controls |
|
192 |
|
|
|
Subsidiary |
London |
United Kingdom |
|
|
187 |
|
|
|
Subsidiary |
Oberding, Bayern |
Germany |
Auto and Truck Parts |
327.0 |
186 |
|
|
|
Branch |
Dusseldorf |
Germany |
Auto and Truck Parts |
|
9 |
|
|
|
Subsidiary |
Manchester, NH |
United States |
Construction Services |
26.2 |
160 |
|
|
|
Subsidiary |
Subic |
Philippines |
Miscellaneous Capital Goods |
|
152 |
|
|
|
Hitachi Air
Conditioning Products (Phils.) Inc. - Subic Bay Plant |
Facility |
Subic |
Philippines |
Miscellaneous Capital Goods |
|
160 |
|
|
Subsidiary |
Toyohashi, Aichi Ken |
Japan |
Furniture and Fixtures |
44.1 |
150 |
|
|
|
Subsidiary |
London |
United Kingdom |
Personal Services |
2.0 |
150 |
|
|
|
Subsidiary |
Custines |
France |
Appliance and Tool |
114.2 |
149 |
|
|
|
Subsidiary |
Swindon |
United Kingdom |
Miscellaneous Capital Goods |
9.4 |
23 |
|
|
|
Subsidiary |
London |
United Kingdom |
Railroads |
25.2 |
140 |
|
|
|
Subsidiary |
Calgary, AB |
Canada |
Software and Programming |
|
140 |
|
|
|
Subsidiary |
Bryanston |
South Africa |
Computer Hardware |
75.0 |
135 |
|
|
|
Subsidiary |
Taipei City, Taipei |
Taiwan |
Appliance and Tool |
|
125 |
|
|
|
Subsidiary |
Brugherio |
Italy |
Electronic Instruments and Controls |
|
120 |
|
|
|
Subsidiary |
Dasmarinas, Cavite |
Philippines |
Miscellaneous Capital Goods |
26.0 |
119 |
|
|
|
Subsidiary |
Velizy-Villacoublay |
France |
Miscellaneous Capital Goods |
266.6 |
112 |
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Business Services |
5.6 |
111 |
|
|
|
Subsidiary |
Torrance, CA |
United States |
Computer Peripherals |
|
110 |
|
|
|
Subsidiary |
Taipei |
Taiwan |
Electronic Instruments and Controls |
|
110 |
|
|
|
Subsidiary |
Hebburn |
United Kingdom |
Construction and Agriculture Machinery |
127.3 |
103 |
|
|
|
Subsidiary |
Kowloon, Kowloon |
Hong Kong |
Miscellaneous Capital Goods |
350.0 |
100 |
|
|
|
Subsidiary |
Kwai Fong |
Hong Kong |
Miscellaneous Capital Goods |
60.0 |
100 |
|
|
|
Subsidiary |
Kwai Fong, New Territories |
Hong Kong |
Electronic Instruments and Controls |
|
40 |
|
|
|
Subsidiary |
Kwai Fong, New Territories |
Hong Kong |
Miscellaneous Capital Goods |
|
30 |
|
|
|
Subsidiary |
Bangkok |
Thailand |
Appliance and Tool |
60.0 |
100 |
|
|
|
Subsidiary |
Brisbane, CA |
United States |
Miscellaneous Financial Services |
57.1 |
100 |
|
|
|
Subsidiary |
Santa Clara, CA |
United States |
Computer Hardware |
1,900.0 |
2,500 |
|
|
|
Subsidiary |
San Jose, CA |
United States |
Computer Storage Devices |
85.6 |
296 |
|
|
|
Branch |
Plainfield, IN |
United States |
Computer Hardware |
179.4 |
200 |
|
|
|
Branch |
San Diego, CA |
United States |
Computer Hardware |
134.6 |
150 |
|
|
|
Subsidiary |
Causeway Bay |
Hong Kong |
Computer Networks |
1.0 |
100 |
|
|
|
Branch |
Hanover, MD |
United States |
Software and Programming |
4.7 |
30 |
|
|
|
Branch |
Reston, VA |
United States |
Electronic Instruments and Controls |
5.7 |
28 |
|
|
|
Subsidiary |
Montreal, QC |
Canada |
Retail (Technology) |
11.4 |
25 |
|
|
|
Branch |
Kirkland, WA |
United States |
Retail (Technology) |
8.6 |
25 |
|
|
|
Subsidiary |
Mumbai |
India |
Computer Services |
1.0 |
25 |
|
|
|
Branch |
Bangalore |
India |
Computer Services |
1.0 |
20 |
|
|
|
Branch |
Rancho Cordova, CA |
United States |
Computer Hardware |
17.6 |
15 |
|
|
|
Branch |
Atlanta, GA |
United States |
Computer Hardware |
16.4 |
14 |
|
|
|
Branch |
Southfield, MI |
United States |
Retail (Technology) |
3.8 |
11 |
|
|
|
Branch |
Denver, CO |
United States |
Computer Hardware |
6.3 |
7 |
|
|
|
Branch |
Farmington, CT |
United States |
Computer Hardware |
6.3 |
7 |
|
|
|
Branch |
Bloomington, MN |
United States |
Computer Hardware |
6.3 |
7 |
|
|
|
Branch |
Dallas, TX |
United States |
Computer Hardware |
6.3 |
7 |
|
|
|
Branch |
Durham, NC |
United States |
Computer Hardware |
6.3 |
7 |
|
|
|
Branch |
St Louis, MO |
United States |
Computer Hardware |
6.3 |
7 |
|
|
|
Branch |
Piscataway, NJ |
United States |
Computer Hardware |
6.3 |
7 |
|
|
|
Branch |
Glendale, WI |
United States |
Computer Hardware |
6.3 |
7 |
|
|
|
Branch |
Zionsville, IN |
United States |
Computer Hardware |
6.3 |
7 |
|
|
|
Branch |
Schaumburg, IL |
United States |
Computer Hardware |
6.3 |
7 |
|
|
|
Branch |
Waltham, MA |
United States |
Retail (Technology) |
2.1 |
6 |
|
|
|
Branch |
Des Moines, IA |
United States |
Computer Hardware |
4.5 |
5 |
|
|
|
Branch |
Westerville, OH |
United States |
Communications Services |
2.1 |
5 |
|
|
|
Subsidiary |
Toronto, ON |
Canada |
Software and Programming |
|
5 |
|
|
|
Branch |
North York, ON |
Canada |
Retail (Technology) |
20.6 |
45 |
|
|
|
Branch |
Ottawa, ON |
Canada |
Retail (Technology) |
5.0 |
11 |
|
|
|
Branch |
Calgary, AB |
Canada |
Retail (Technology) |
2.3 |
5 |
|
|
|
Branch |
Quebec, QC |
Canada |
Retail (Technology) |
2.3 |
5 |
|
|
|
Subsidiary |
Pathum Wan, Bangkok |
Thailand |
Computer Services |
1.0 |
4 |
|
|
|
Subsidiary |
Johannesburg, Gauteng |
South Africa |
Computer Services |
69.1 |
|
|
|
|
Subsidiary |
Canberra, ACT |
Australia |
Computer Services |
1.0 |
|
|
|
|
Subsidiary |
Auckland |
New Zealand |
Computer Services |
1.0 |
|
|
|
|
Subsidiary |
Beijing |
China |
Computer Services |
1.0 |
|
|
|
|
Branch |
Shanghai |
China |
Computer Services |
1.0 |
25 |
|
|
|
Branch |
Guangzhou |
China |
Computer Services |
1.0 |
|
|
|
|
Subsidiary |
Norman, OK |
United States |
Computer Hardware |
|
500 |
|
|
|
Branch |
Waltham, MA |
United States |
Retail (Technology) |
2.1 |
6 |
|
|
|
Subsidiary |
Mountain View, CA |
United States |
Healthcare Facilities |
|
375 |
|
|
|
Branch |
Basking Ridge, NJ |
United States |
Electronic Instruments and Controls |
|
200 |
|
|
|
Subsidiary |
Twinsburg, OH |
United States |
Medical Equipment and Supplies |
186.0 |
140 |
|
|
|
Joint Venture |
Suwanee, GA |
United States |
Electronic Instruments and Controls |
49.1 |
80 |
|
|
|
Subsidiary |
Norcross, GA |
United States |
Communications Equipment |
200.0 |
70 |
|
|
|
Subsidiary |
China Grove, NC |
United States |
Miscellaneous Capital Goods |
14.5 |
70 |
|
|
|
Subsidiary |
San Jose, CA |
United States |
Electronic Instruments and Controls |
|
20 |
|
|
|
Subsidiary |
Irvine, CA |
United States |
Business Services |
|
15 |
|
|
|
Subsidiary |
Fair Lawn, NJ |
United States |
Retail (Technology) |
|
|
|
|
|
Subsidiary |
Santa Clara, CA |
United States |
Investment Services |
|
|
|
|
|
Subsidiary |
Santa Clara, CA |
United States |
Investment Services |
|
|
|
|
|
Subsidiary |
Pensacola, FL |
United States |
Fabricated Plastic and Rubber |
|
|
|
|
|
Subsidiary |
Düsseldorf |
Germany |
Electronic Instruments and Controls |
54.1 |
100 |
|
|
|
Hitachi
Europe GmbH - European Procurement and Sourcing Group Division |
Division |
Dusseldorf |
Germany |
Business Services |
|
80 |
|
|
Division |
Dusseldorf |
Germany |
Communications Equipment |
|
|
|
|
|
Subsidiary |
Caracas |
Venezuela |
Miscellaneous Capital Goods |
20.0 |
100 |
|
|
|
Subsidiary |
Jakarta |
Indonesia |
Miscellaneous Capital Goods |
16.0 |
100 |
|
|
|
Subsidiary |
Seremban, Negeri Sembilan |
Malaysia |
Electronic Instruments and Controls |
5.6 |
100 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Furniture and Fixtures |
1.0 |
100 |
|
|
|
Subsidiary |
Taipei City, Taipei |
Taiwan |
Business Services |
|
100 |
|
|
|
Subsidiary |
Budapest |
Hungary |
Miscellaneous Capital Goods |
|
100 |
|
|
|
Subsidiary |
Cilegon, Banten |
Indonesia |
Miscellaneous Capital Goods |
|
100 |
|
|
|
Subsidiary |
Suzhou |
China |
Electronic Instruments and Controls |
|
100 |
|
|
|
Subsidiary |
Quezon City |
Philippines |
Construction Services |
|
100 |
|
|
|
Subsidiary |
Chuo-Ku, Tokyo |
Japan |
Software and Programming |
52.7 |
98 |
|
|
|
Subsidiary |
North Ryde, NSW |
Australia |
Computer Hardware |
91.3 |
90 |
|
|
|
Subsidiary |
Wiesbaden, Hessen |
Germany |
Personal and Household Products |
42.7 |
90 |
|
|
|
Subsidiary |
Irvine, CA |
United States |
Software and Programming |
13.3 |
85 |
|
|
|
Subsidiary |
Villebon-sur-Yvette |
France |
Medical Equipment and Supplies |
28.9 |
71 |
|
|
|
Subsidiary |
New Delhi |
India |
Appliance and Tool |
|
70 |
|
|
|
Subsidiary |
Wallisellen |
Switzerland |
Computer Hardware |
90.3 |
60 |
|
|
|
Subsidiary |
Amsterdam |
Netherlands |
Computer Networks |
55.8 |
60 |
|
|
|
Subsidiary |
Santa Clara , CA |
United States |
Communications Equipment |
20.5 |
60 |
|
|
|
Subsidiary |
Jakarta |
Indonesia |
Appliance and Tool |
123.0 |
50 |
|
|
|
Subsidiary |
Buenos Aires |
Argentina |
Audio and Video Equipment |
2.0 |
50 |
|
|
|
Subsidiary |
Jakarta |
Indonesia |
Construction Services |
|
50 |
|
|
|
Subsidiary |
Amsterdam |
Netherlands |
Computer Networks |
|
50 |
|
|
|
Subsidiary |
Bangkok |
Thailand |
Electronic Instruments and Controls |
19.0 |
46 |
|
|
|
Subsidiary |
Lisbon |
Portugal |
Computer Networks |
4.5 |
45 |
|
|
|
Subsidiary |
São Paulo , São Paulo |
Brazil |
Computer Services |
|
45 |
|
|
|
Subsidiary |
Beijing |
China |
Miscellaneous Capital Goods |
|
45 |
|
|
|
Subsidiary |
Milan |
Italy |
Miscellaneous Capital Goods |
10.0 |
44 |
|
|
|
Subsidiary |
New Delhi |
India |
Miscellaneous Capital Goods |
1.0 |
40 |
|
|
|
Subsidiary |
Mississauga, ON |
Canada |
Electronic Instruments and Controls |
|
40 |
|
|
|
Subsidiary |
Guelph, ON |
Canada |
Auto and Truck Manufacturers |
154.9 |
300 |
|
|
|
Branch |
Calgary, AB |
Canada |
Electronic Instruments and Controls |
11.9 |
12 |
|
|
|
Division |
Calgary, AB |
Canada |
Electronic Instruments and Controls |
|
10 |
|
|
|
Subsidiary |
Altavilla Vicentina, Vicenza |
Italy |
Miscellaneous Capital Goods |
32.7 |
37 |
|
|
|
Subsidiary |
Nærum |
Denmark |
Computer Hardware |
27.9 |
35 |
|
|
|
Subsidiary |
Zug |
Switzerland |
Medical Equipment and Supplies |
|
35 |
|
|
|
Subsidiary |
Wien |
Austria |
Medical Equipment and Supplies |
|
|
|
|
|
Subsidiary |
Assago, Milano |
Italy |
Miscellaneous Capital Goods |
26.1 |
34 |
|
|
|
Subsidiary |
Kuala Lumpur |
Malaysia |
Miscellaneous Capital Goods |
47.1 |
30 |
|
|
|
Subsidiary |
Pleasanton, CA |
United States |
Electronic Instruments and Controls |
2.5 |
30 |
|
|
|
Subsidiary |
Taoyuan |
Taiwan |
Construction and Agriculture Machinery |
|
30 |
|
|
|
Subsidiary |
Mörfelden-Walldorf, Hessen |
Germany |
Electronic Instruments and Controls |
|
30 |
|
|
|
Subsidiary |
Kowloon |
Hong Kong |
Electronic Instruments and Controls |
|
30 |
|
|
|
Facility |
Guangzhou, Guang Dong |
China |
Miscellaneous Fabricated Products |
|
|
|
|
|
Subsidiary |
Terrassa, Barcelona |
Spain |
Miscellaneous Capital Goods |
17.3 |
28 |
|
|
|
Subsidiary |
Herzliyya |
Israel |
Computer Hardware |
29.0 |
24 |
|
|
|
Subsidiary |
Sydney, NSW |
Australia |
Electronic Instruments and Controls |
3.3 |
23 |
|
|
|
Subsidiary |
Sint-Stevens-Woluwe |
Belgium |
Computer Networks |
12.7 |
22 |
|
|
|
Subsidiary |
Sao Paulo |
Brazil |
Electronic Instruments and Controls |
|
22 |
|
|
|
Subsidiary |
Sao Paulo |
Brazil |
Medical Equipment and Supplies |
|
150 |
|
|
|
Subsidiary |
Sao Paulo |
Brazil |
Medical Equipment and Supplies |
|
6 |
|
|
|
Subsidiary |
Sao Paulo |
Brazil |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Santa Rita do Sapucai, Minas Gerais |
Brazil |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Wiener Neudorf |
Austria |
Appliance and Tool |
115.0 |
20 |
|
|
|
Subsidiary |
Madrid |
Spain |
Medical Equipment and Supplies |
8.8 |
20 |
|
|
|
Subsidiary |
Taipei |
Taiwan |
Computer Networks |
1.0 |
20 |
|
|
|
Subsidiary |
Halandri |
Greece |
Appliance and Tool |
|
16 |
|
|
|
Subsidiary |
Düsseldorf, Nordrhein-Westfalen |
Germany |
Electronic Instruments and Controls |
|
15 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Auto and Truck Parts |
|
14 |
|
|
|
Subsidiary |
Lysaker |
Norway |
Appliance and Tool |
17.6 |
13 |
|
|
|
Subsidiary |
Mexico |
Mexico |
Electronic Instruments and Controls |
3.0 |
12 |
|
|
|
Subsidiary |
Las Condes, Santiago |
Chile |
Computer Networks |
|
12 |
|
|
|
Subsidiary |
White Plains, NY |
United States |
Electronic Instruments and Controls |
88.3 |
11 |
|
|
|
Facility |
Manchester, NH |
United States |
Miscellaneous Fabricated Products |
|
170 |
|
|
|
Branch |
San Jose, CA |
United States |
Miscellaneous Capital Goods |
9.1 |
8 |
|
|
|
Branch |
San Jose, CA |
United States |
Miscellaneous Capital Goods |
8.0 |
7 |
|
|
|
Branch |
New Albany, IN |
United States |
Miscellaneous Capital Goods |
5.7 |
5 |
|
|
|
Facility |
Pensacola, FL |
United States |
Auto and Truck Parts |
|
|
|
|
|
Facility |
New Albany, IN |
United States |
Auto and Truck Parts |
|
|
|
|
|
Subsidiary |
Budapest |
Hungary |
Appliance and Tool |
|
11 |
|
|
|
Subsidiary |
Barcelona |
Spain |
Appliance and Tool |
2.3 |
10 |
|
|
|
Subsidiary |
Kowloon |
Hong Kong |
Electronic Instruments and Controls |
|
10 |
|
|
|
Subsidiary |
Warsaw |
Poland |
Computer Networks |
|
10 |
|
|
|
Subsidiary |
Velizy-Villacoublay |
France |
Electronic Instruments and Controls |
40.0 |
9 |
|
|
|
Subsidiary |
Waltham Cross |
United Kingdom |
Communications Equipment |
|
9 |
|
|
|
Subsidiary |
Sheung Shui, New Territories |
Hong Kong |
Electronic Instruments and Controls |
|
8 |
|
|
|
Subsidiary |
Paris |
France |
Miscellaneous Capital Goods |
0.8 |
7 |
|
|
|
Subsidiary |
Mechelen |
Belgium |
Medical Equipment and Supplies |
0.0 |
6 |
|
|
|
Subsidiary |
Reeuwijk |
Netherlands |
Medical Equipment and Supplies |
|
6 |
|
|
|
Subsidiary |
Sao Paulo, Sao Paulo |
Brazil |
Electronic Instruments and Controls |
|
6 |
|
|
|
Subsidiary |
Berlin |
Germany |
Computer Networks |
|
6 |
|
|
|
Subsidiary |
Paris |
France |
Computer Networks |
|
6 |
|
|
|
Subsidiary |
Budapest |
Hungary |
Medical Equipment and Supplies |
|
5 |
|
|
|
Subsidiary |
Gothenburg |
Sweden |
Computer Networks |
45.2 |
4 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Capital Goods |
|
3 |
|
|
|
Subsidiary |
Sollentuna, Stockholm |
Sweden |
Electronic Instruments and Controls |
18.7 |
2 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Financial Services |
9,031.9 |
|
|
|
|
Subsidiary |
Nakhon Ratchasima |
Thailand |
Auto and Truck Parts |
1.0 |
870 |
|
|
|
Subsidiary |
Velemysleves |
Czech Republic |
Communications Equipment |
1.0 |
800 |
|
|
|
Subsidiary |
Harrodsburg, KY |
United States |
Miscellaneous Capital Goods |
400.0 |
750 |
|
|
|
Facility |
Berea, KY |
United States |
Auto and Truck Parts |
374.0 |
903 |
|
|
|
Hitachi
Automotive Systems Americas, Inc. - Farmington Hills |
Branch |
Farmington Hills, MI |
United States |
Auto and Truck Parts |
29.9 |
200 |
|
|
Facility |
Monroe, GA |
United States |
Auto and Truck Parts |
84.2 |
175 |
|
|
|
Branch |
Torrance, CA |
United States |
Auto and Truck Parts |
48.6 |
130 |
|
|
|
Branch |
Cypress, CA |
United States |
Auto and Truck Parts |
340.0 |
40 |
|
|
|
Branch |
Allen Park, MI |
United States |
Auto and Truck Parts |
3.7 |
40 |
|
|
|
Branch |
El Segundo, CA |
United States |
Auto and Truck Parts |
3.7 |
10 |
|
|
|
Subsidiary |
Chikujo-Gun, Fukuoka |
Japan |
Miscellaneous Fabricated Products |
203.0 |
298 |
|
|
|
Subsidiary |
Hiki-Gun, Saitama |
Japan |
Auto and Truck Parts |
602.1 |
|
|
|
|
Subsidiary |
Hitachinaka, Ibaraki |
Japan |
Auto and Truck Parts |
450.2 |
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Miscellaneous Capital Goods |
228.5 |
|
|
|
|
Subsidiary |
Atsugi, Kanagawa |
Japan |
Food Processing |
207.0 |
|
|
|
|
Subsidiary |
Chuo-Ku, Tokyo |
Japan |
Scientific and Technical Instruments |
53.5 |
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Rental and Leasing |
40.0 |
|
|
|
|
Subsidiary |
Isesaki, Gunma-ken |
Japan |
Auto and Truck Parts |
|
|
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Appliance and Tool |
3,898.4 |
|
|
|
|
Subsidiary |
New Territories |
Hong Kong |
Miscellaneous Financial Services |
|
100 |
|
|
|
Subsidiary |
Shinagawa-Ku, Tokyo |
Japan |
Computer Services |
3,292.5 |
|
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Business Services |
136.3 |
|
|
|
|
Subsidiary |
Shinagawa-Ku, Tokyo |
Japan |
Computer Services |
96.5 |
|
|
|
|
Subsidiary |
Fukuoka, Fukuoka |
Japan |
Electronic Instruments and Controls |
50.5 |
|
|
|
|
Subsidiary |
Sapporo, Hokkaido |
Japan |
Construction Services |
39.4 |
|
|
|
|
Subsidiary |
Takamatsu, Kagawa |
Japan |
Electronic Instruments and Controls |
36.7 |
|
|
|
|
Subsidiary |
Prachinburi |
Thailand |
Computer Peripherals |
2,059.3 |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Capital Goods |
1,953.7 |
|
|
|
|
Subsidiary |
Kuala Lumpur, Wilayah Persekutuan |
Malaysia |
Miscellaneous Capital Goods |
13.3 |
200 |
|
|
|
Subsidiary |
Chuo-Ku, Tokyo |
Japan |
Business Services |
280.1 |
|
|
|
|
Subsidiary |
Adachi-Ku, Tokyo |
Japan |
Business Services |
145.6 |
|
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Real Estate Operations |
70.6 |
|
|
|
|
Subsidiary |
Adachi-Ku, Tokyo |
Japan |
Business Services |
68.4 |
|
|
|
|
Subsidiary |
Naha, Okinawa |
Japan |
Miscellaneous Capital Goods |
51.1 |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Software and Programming |
1,926.8 |
|
|
|
|
Subsidiary |
Alameda, CA |
United States |
Software and Programming |
|
65 |
|
|
|
Subsidiary |
London |
United Kingdom |
Computer Hardware |
13.2 |
25 |
|
|
|
Subsidiary |
Berlin |
Germany |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
London |
Germany |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
Mobara, Chiba |
Japan |
Electronic Instruments and Controls |
1,540.4 |
|
|
|
|
Subsidiary |
Suzhou City, Jiang Su |
China |
Electronic Instruments and Controls |
1,155.5 |
7,156 |
|
|
|
Subsidiary |
Kaohsiung City |
Taiwan |
Electronic Instruments and Controls |
|
980 |
|
|
|
Subsidiary |
Mobara, Chiba |
Japan |
Electronic Instruments and Controls |
36.3 |
|
|
|
|
Subsidiary |
Shenzhen |
China |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Mobara-shi |
Japan |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Taipei City, Taipei |
Taiwan |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Taipei City, Taipei |
Taiwan |
Appliance and Tool |
|
|
|
|
|
Subsidiary |
Shinagawa-Ku, Tokyo |
Japan |
Office Equipment |
1,082.2 |
|
|
|
|
Subsidiary |
Odawara, Kanagawa |
Japan |
Computer Storage Devices |
850.4 |
|
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Electronic Instruments and Controls |
818.1 |
|
|
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Computer Hardware |
653.5 |
349 |
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Electronic Instruments and Controls |
725.9 |
|
|
|
|
Branch |
Tsim Sha Tsui, Kowloon |
Hong Kong |
Electronic Instruments and Controls |
254.2 |
13 |
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Computer Networks |
703.3 |
|
|
|
|
|
|||||||
|
Subsidiary |
Kawasaki, Kanagawa |
Japan |
Auto and Truck Parts |
671.7 |
|
|
|
|
Subsidiary |
Otokuni-Gun, Kyoto |
Japan |
Electronic Instruments and Controls |
573.7 |
|
|
|
|
Subsidiary |
Shinagawa-Ku, Tokyo |
Japan |
Restaurants |
405.9 |
|
|
|
|
Subsidiary |
Haga Gun |
Japan |
Electronic Instruments and Controls |
395.2 |
|
|
|
|
Subsidiary |
Kawasaki, Kanagawa |
Japan |
Electronic Instruments and Controls |
375.0 |
|
|
|
|
Subsidiary |
Ashigara Kami-Gun, Kanagawa |
Japan |
Computer Hardware |
241.3 |
|
|
|
|
Subsidiary |
Kure, Hiroshima |
Japan |
Business Services |
217.0 |
|
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Printing Services |
202.9 |
|
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Printing Services |
66.1 |
|
|
|
|
Subsidiary |
Kudamatsu, Yamaguchi |
Japan |
Engineering Consultants |
199.2 |
|
|
|
|
Subsidiary |
Sendai, Miyagi |
Japan |
Software and Programming |
190.4 |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Communications Services |
188.1 |
|
|
|
|
Hitachi
Government&Public Corporation System Engineering,Ltd. |
Subsidiary |
Koto-Ku, Tokyo |
Japan |
Software and Programming |
176.0 |
|
|
|
Subsidiary |
Hitachinaka, Ibaraki |
Japan |
Electronic Instruments and Controls |
175.7 |
|
|
|
|
Subsidiary |
Hiroshima, Hiroshima |
Japan |
Software and Programming |
161.1 |
|
|
|
|
Subsidiary |
Kitakami, Iwate |
Japan |
Auto and Truck Parts |
152.1 |
|
|
|
|
Subsidiary |
Osaka, Osaka |
Japan |
Electronic Instruments and Controls |
151.3 |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Software and Programming |
145.3 |
|
|
|
|
Subsidiary |
Inazawa, Aichi |
Japan |
Electronic Instruments and Controls |
144.4 |
|
|
|
|
Subsidiary |
Inazawa, Aichi |
Japan |
Electronic Instruments and Controls |
46.1 |
|
|
|
|
Subsidiary |
Hitachi, Ibaraki |
Japan |
Semiconductors |
140.1 |
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Computer Networks |
132.2 |
|
|
|
|
Subsidiary |
Chuo-Ku, Tokyo |
Japan |
Software and Programming |
15.3 |
117 |
|
|
|
Subsidiary |
Naha, Okinawa |
Japan |
Software and Programming |
19.0 |
|
|
|
|
Subsidiary |
Saitama, Saitama |
Japan |
Electronic Instruments and Controls |
124.9 |
|
|
|
|
Subsidiary |
Taito-Ku, Tokyo |
Japan |
Electronic Instruments and Controls |
123.7 |
|
|
|
|
Subsidiary |
Shizuoka, Shizuoka |
Japan |
Electronic Instruments and Controls |
119.5 |
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Software and Programming |
105.9 |
|
|
|
|
Subsidiary |
Sapporo, Hokkaido |
Japan |
Electronic Instruments and Controls |
101.2 |
|
|
|
|
Subsidiary |
Aomori, Aomori |
Japan |
Electronic Instruments and Controls |
100.6 |
|
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Business Services |
100.3 |
|
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Office Supplies |
98.3 |
|
|
|
|
Subsidiary |
Ota-Ku, Tokyo |
Japan |
Electronic Instruments and Controls |
88.2 |
|
|
|
|
Subsidiary |
Osaka, Osaka |
Japan |
Computer Services |
84.5 |
|
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Security Systems and Services |
83.4 |
|
|
|
|
Subsidiary |
Aki-Gun, Hiroshima |
Japan |
Electronic Instruments and Controls |
77.7 |
|
|
|
|
Subsidiary |
Hitachinaka, Ibaraki |
Japan |
Engineering Consultants |
76.0 |
|
|
|
|
Subsidiary |
Tokushima, Tokushima |
Japan |
Electronic Instruments and Controls |
72.9 |
|
|
|
|
Subsidiary |
Fukuoka, Fukuoka |
Japan |
Miscellaneous Capital Goods |
66.4 |
|
|
|
|
Subsidiary |
Nieuwegein |
Netherlands |
Appliance and Tool |
60.2 |
|
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Engineering Consultants |
56.0 |
|
|
|
|
Subsidiary |
Yamagata, Yamagata |
Japan |
Electronic Instruments and Controls |
48.9 |
|
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Software and Programming |
48.6 |
|
|
|
|
Subsidiary |
Yokkaichi, Mie |
Japan |
Miscellaneous Capital Goods |
47.5 |
|
|
|
|
Subsidiary |
Abiko, Chiba |
Japan |
Business Services |
46.7 |
|
|
|
|
Subsidiary |
Kudamatsu, Yamaguchi |
Japan |
Electronic Instruments and Controls |
40.6 |
|
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Computer Services |
35.9 |
|
|
|
|
Subsidiary |
Kashiwa, Chiba |
Japan |
Recreational Activities |
31.2 |
|
|
|
|
Subsidiary |
Hitachi, Ibaraki |
Japan |
Business Services |
29.5 |
|
|
|
|
Subsidiary |
Onbekend, Onbekend |
Netherlands |
Miscellaneous Financial Services |
17.6 |
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Computer Storage Devices |
11.7 |
|
|
|
|
Subsidiary |
Higashimorokata-Gun, Miyazaki |
Japan |
Communications Equipment |
9.9 |
|
|
|
|
Subsidiary |
Akashi, Hyogo |
Japan |
Electronic Instruments and Controls |
5.4 |
103 |
|
|
|
Subsidiary |
Pelabuhan Klang, Selangor |
Malaysia |
Miscellaneous Capital Goods |
4.7 |
|
|
|
|
Subsidiary |
Kuala Lumpur, Wilayah Persekutuan |
Malaysia |
Business Services |
1.8 |
|
|
|
|
Subsidiary |
Gurgaon, Haryana |
India |
Miscellaneous Capital Goods |
1.8 |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Electric Utilities |
1.0 |
|
|
|
|
Subsidiary |
Hitachi, Ibaraki |
Japan |
Electronic Instruments and Controls |
1.0 |
|
|
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Computer Networks |
1.0 |
|
|
|
|
Subsidiary |
Lisboa, Lisboa |
Portugal |
Business Services |
0.3 |
|
|
|
|
Subsidiary |
Taipei |
Taiwan |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Bath |
United Kingdom |
|
|
|
|
|
|
Subsidiary |
Beijing |
China |
Computer Networks |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Computer Networks |
|
|
|
|
|
Subsidiary |
Bangkok |
Thailand |
Appliance and Tool |
|
|
|
|
|
Subsidiary |
London |
United Kingdom |
|
|
|
|
|
|
Subsidiary |
Macau |
Macau |
Appliance and Tool |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Appliance and Tool |
|
|
|
|
|
Subsidiary |
Abu Dhabi |
United Arab Emirates |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Bangkok |
Thailand |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Bangkok |
Thailand |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
|
|
|
|
|
|
|
|
Subsidiary |
London |
United Kingdom |
|
|
|
|
|
|
Subsidiary |
Amsterdam |
Netherlands |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Genas |
France |
Construction and Agriculture Machinery |
|
|
|
|
|
Subsidiary |
Prachinburi |
Thailand |
Appliance and Tool |
|
|
|
|
|
Subsidiary |
Rayong |
Thailand |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Appliance and Tool |
|
|
|
|
|
Subsidiary |
Kuching, Sarawak |
Malaysia |
Computer Storage Devices |
|
|
|
|
|
Subsidiary |
Quezon City |
Philippines |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Conghua, Guangzhou |
China |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Kamikurata |
Japan |
Business Services |
|
|
|
|
|
Subsidiary |
Dubai |
United Arab Emirates |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Ayutthaya |
Thailand |
Miscellaneous Fabricated Products |
|
|
|
|
|
Subsidiary |
Bekasi |
Indonesia |
Chemical Manufacturing |
|
|
|
|
|
Subsidiary |
Owariasahi, Aichi |
Japan |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Pyeongtaek, Gyeonggi-Do |
Korea, Republic of |
Chemical Manufacturing |
|
|
|
|
|
Subsidiary |
Kowloon |
Hong Kong |
Chemical Manufacturing |
|
|
|
|
|
Subsidiary |
Beijing |
China |
Business Services |
|
|
|
|
|
Subsidiary |
Jakarta |
Indonesia |
Scientific and Technical Instruments |
|
|
|
|
|
Subsidiary |
Bangkok |
Thailand |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
Kuala Lumpur |
Malaysia |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Kuala Lumpur |
Malaysia |
Computer Networks |
1.0 |
300 |
|
|
|
Subsidiary |
Senai, Johor Darul Takzim |
Malaysia |
Appliance and Tool |
|
270 |
|
|
|
Subsidiary |
Pasir Gudang, Johor Darul Takzim |
Malaysia |
Chemical Manufacturing |
53.8 |
250 |
|
|
|
Subsidiary |
Subang Jaya, Selangor |
Malaysia |
Construction and Agriculture Machinery |
51.5 |
100 |
|
|
|
Subsidiary |
Bandar Baru Bangi, Selangor Darul Ehsan |
Malaysia |
Appliance and Tool |
|
|
|
|
|
Subsidiary |
Sao Paulo |
Brazil |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Caracas |
Venezuela |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Bengaluru |
India |
Computer Networks |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Computer Networks |
|
|
|
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Suzhou |
China |
Auto and Truck Parts |
|
|
|
|
|
Subsidiary |
Amsterdam |
Netherlands |
Computer Storage Devices |
|
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Computer Storage Devices |
5,914.7 |
2,477 |
|
|
|
Subsidiary |
Shanghai |
China |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Chalandri |
Greece |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Chiyoda-ku, Tokyo |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Tambol Dong-Kee-Lek |
Thailand |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Wujiang, Jiangsu |
China |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
Senai |
Malaysia |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Kowloon |
Hong Kong |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Jakarta |
Indonesia |
Business Services |
|
|
|
|
|
Subsidiary |
Mexico, Mexico |
Mexico |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Hitachi, Ibaraki |
Japan |
Real Estate Operations |
|
|
|
|
|
Subsidiary |
Hitachi, Ibaraki |
Japan |
Scientific and Technical Instruments |
280.2 |
|
|
|
|
Subsidiary |
Hitachi, Ibaraki |
Japan |
Retail (Specialty) |
158.0 |
|
|
|
|
Subsidiary |
Hitachi, Ibaraki |
Japan |
Engineering Consultants |
124.1 |
|
|
|
|
Subsidiary |
Hangzhou |
China |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Chachoengsao |
Thailand |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Guangzhou |
China |
Auto and Truck Parts |
|
|
|
|
|
Subsidiary |
Pantelimon, Ilfov |
Romania |
Appliance and Tool |
|
|
|
|
|
Subsidiary |
Chachoengsao |
Thailand |
Auto and Truck Parts |
|
|
|
|
|
Subsidiary |
Nantong, Jiangsu |
China |
Construction - Supplies and Fixtures |
|
|
|
|
|
Subsidiary |
Suzhou, Jiangsu |
China |
Iron and Steel |
|
|
|
|
|
HITACHI
METALS (SUZHOU) TECHNOLOGY, LTD. - Specialty Steel Division |
Division |
Suzhou, Jiangsu |
China |
Iron and Steel |
|
70 |
|
|
Subsidiary |
Tsim Tsa Tsui |
Hong Kong |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Dongguan, Guangdong |
China |
Iron and Steel |
|
|
|
|
|
Subsidiary |
Guangzhou, Guangdong |
China |
Auto and Truck Parts |
|
|
|
|
|
Subsidiary |
Shenzhen, Guangdong |
China |
Computer Storage Devices |
|
|
|
|
|
Subsidiary |
Bekasi |
Indonesia |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Shenzhen, Guangdong |
China |
Computer Storage Devices |
|
|
|
|
|
Subsidiary |
Budapest |
Hungary |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Wiesbaden |
Germany |
Medical Equipment and Supplies |
|
|
|
|
|
Subsidiary |
Haikou |
China |
Business Services |
|
|
|
|
|
Subsidiary |
Narashino, Chiba-ken |
Japan |
Computer Networks |
|
|
|
|
|
Subsidiary |
Kowloon |
Hong Kong |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Calgary, AB |
Canada |
Investment Services |
|
|
|
|
|
Subsidiary |
Shenzhen, Guangdong |
China |
Computer Storage Devices |
|
|
|
|
|
Subsidiary |
Fuzhou |
China |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Electronic Instruments and Controls |
|
|
|
|
|
Hitachi
Global Storage Technologies Consulting (Shanghai) Co., Ltd. |
Subsidiary |
Shanghai |
China |
Computer Storage Devices |
|
|
|
|
Subsidiary |
Velizy-Villacoublay |
France |
Miscellaneous Capital Goods |
|
|
|
|
Competitors Report
|
Company
Name |
Location |
Employees |
Ownership |
|
AIR WATER INC. |
Osaka-Shi, Japan |
8,062 |
Public |
|
Asahi Kasei Corporation |
Tokyo, Japan |
25,085 |
Public |
|
MEC COMPANY LTD. |
Amagasaki-Shi, Japan |
284 |
Public |
|
Nippon Fine Chemical Co., Ltd. |
Osaka-Shi, Japan |
593 |
Public |
|
Sumitomo Chemical Co Ltd |
Tokyo, Japan |
29,839 |
Public |
Executive report
|
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Significant Developments
Hitachi Chemical Co Ltd Forms Business Alliance with Institute of Microelectronics - Chemical Daily Sep 14, 2012
Chemical Daily reported that Hitachi Chemical Co Ltd announced that it has signed an agreement to cooperate in the development of high-performance material technologies for thin semiconductor wafers processing, with Institute of Microelectronics on September 13, 2012.
Hitachi Chemical Company, Ltd. Announces Year-end Dividend Payment for FY Ended March 2012 Jun 01, 2012
Hitachi Chemical Company, Ltd. announced that it has issued dividend of JPY 18.00 per share, or JPY 3,748 million in total, on May 29, 2012, in line with a forecast of JPY 18.00 per share announced on April 25, 2012, from retained earnings to shareholders as of March 31, 2012.
Hitachi Chemical Company, Ltd. to Fully Acquire Nitto Electronics Kyushu and NITTO DENKO ELECTRONICS (MALAYSIA) SDN. BHD. and Businesses from Nitto Denko Corporation Apr 27, 2012
Hitachi Chemical Company, Ltd. announced that it will fully acquire Nitto Electronics Kyushu and NITTO DENKO ELECTRONICS (MALAYSIA) SDN. BHD., as well as the target sealing material related businesses from Nitto Denko Corporation, at the price of JPY 5.4 billion, effective October 1, 2012.
NITTO DENKO CORPORATION to Sell Business and Subsidiaries to Hitachi Chemical Company, Ltd. Mar 30, 2012
NITTO DENKO CORPORATION announced that it has decided to sell its semiconductor sealing business (except optical semiconductor sealing business), as well as all the stake in two wholly owned subsidiaries, NITTO ELECTRONICS KYUSHU CORPORATION and NITTO DENKO ELECTRONICS (MALAYSIA) SDN. BHD. to Hitachi Chemical Company, Ltd., effective October 1, 2012.
Nissin Kogyo Co., Ltd. Divests Stake in JAPAN BRAKE INDUSTRIAL CO., LTD. Jan 31, 2012
Nissin Kogyo Co., Ltd. announced that it has decided to sell all its stake (a 21.11% stake, or 114,000 shares) in JAPAN BRAKE INDUSTRIAL CO., LTD. to Hitachi Chemical Company, Ltd., effective February 24, 2012. Hitachi Chemical Company, Ltd. currently owns a 73.39% stake in JAPAN BRAKE INDUSTRIAL CO., LTD.
INNOX Corp Announces Lawsuit Filed by Hitachi Chemical Company, Ltd. Jan 20, 2012
INNOX Corp announced that Hitachi Chemical Company, Ltd. has filed a lawsuit against INNOX Corp, claiming for KRW 379,700,000 in return of patent infringement.
Hitachi, Ltd. Announces Outcome of Takeover Bid Launched by Hitachi Chemical Company, Ltd. Jan 20, 2012
Hitachi, Ltd. announced that its subsidiary, Hitachi Chemical Company, Ltd., has completed to acquire 19,961,369 shares of SHIN-KOBE ELECTRIC MACHINERY CO., LTD., at the price of JPY 1,710 per share, during the period from December 1, 2011 to January 19, 2012. The payment will be conducted on January 26, 2012. After the transaction, Hitachi Chemical Company, Ltd. will hold 97.78% voting rights of SHIN-KOBE ELECTRIC MACHINERY CO., LTD. Hitachi Chemical Company, Ltd. intends to fully acquire SHIN-KOBE ELECTRIC MACHINERY CO., LTD. and SHIN-KOBE ELECTRIC MACHINERY CO., LTD. may delist its stock from the Tokyo Stock Exchange and Osaka Securities Exchange.
Hitachi Chemical Company, Ltd. to Launch Takeover Bid for
Shares of SHIN-KOBE ELECTRIC MACHINERY CO., LTD. Nov 25, 2011
Hitachi Chemical
Company, Ltd. announced that it has decided to launch a takeover bid for shares
of SHIN-KOBE ELECTRIC MACHINERY CO., LTD. Hitachi Chemical Company intends to
acquire 21,090,267 shares of SHIN-KOBE ELECTRIC MACHINERY for JPY 1,710 per
share during the period from December 1, 2011 to January 19, 2012. If Hitachi
Chemical Company purchased as many shares of SHIN-KOBE ELECTRIC MACHINERY as
above, it will hold 100% voting rights in SHIN-KOBE ELECTRIC MACHINERY, up from
58.45%.
Rogers Corporation
And Hitachi Chemical Company, Ltd. Establish Strategic Collaboration Agreement
Oct 18, 2011
Rogers Corporation
and Hitachi Chemical Co., Ltd. announced that they have entered into a
strategic collaboration agreement (Agreement) to expand global adoption and
improve customer support of printed circuit board (PCB) materials for use in
high speed digital (HSD) applications. The Agreement enables Rogers and Hitachi
Chemical the ability to provide customers with a wider range of products,
faster delivery, and enhanced technical support to meet rapidly growing
material demand driven by HSD applications, which include high speed server,
router, and telecommunication devices operating at speeds greater than 1Gb/s,
for use in internet data and video transmission services. Under the terms of
the new Agreement, Rogers is granted exclusive rights to manufacture laminates
using prepregs (prepreg is the intermediate material of PCB material consisting
of impregnating glass cloth with thermosetting resin) supplied by Hitachi
Chemical, and to exclusively distribute these HSD PCB products to customers
other than those reserved by Hitachi Chemical.
Annual Income Statement
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
|
Auditor |
Ernst &
Young Shin Nihon LLC |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Net Sales |
5,991.2 |
5,805.2 |
4,898.7 |
4,862.8 |
5,484.8 |
|
Revenue |
5,991.2 |
5,805.2 |
4,898.7 |
4,862.8 |
5,484.8 |
|
Total Revenue |
5,991.2 |
5,805.2 |
4,898.7 |
4,862.8 |
5,484.8 |
|
|
|
|
|
|
|
|
Cost of Revenue |
4,673.0 |
4,355.3 |
3,684.2 |
3,859.9 |
4,095.1 |
|
Cost of Revenue, Total |
4,673.0 |
4,355.3 |
3,684.2 |
3,859.9 |
4,095.1 |
|
Gross Profit |
1,318.2 |
1,449.8 |
1,214.4 |
1,002.9 |
1,389.8 |
|
|
|
|
|
|
|
|
Selling/General/Administrative Expense |
515.3 |
475.2 |
395.8 |
400.7 |
451.7 |
|
Labor & Related Expense |
300.2 |
278.4 |
241.1 |
244.8 |
264.0 |
|
Total Selling/General/Administrative Expenses |
815.5 |
753.6 |
636.9 |
645.5 |
715.7 |
|
Research & Development |
192.5 |
188.9 |
165.0 |
159.0 |
144.8 |
|
Amortization of Acquisition Costs |
0.0 |
-7.5 |
-9.0 |
-6.4 |
0.0 |
|
Depreciation/Amortization |
0.0 |
-7.5 |
-9.0 |
-6.4 |
0.0 |
|
Restructuring Charge |
10.9 |
- |
0.0 |
4.3 |
17.8 |
|
Impairment-Assets Held for Use |
7.6 |
21.5 |
0.0 |
31.2 |
13.7 |
|
Other Unusual Expense (Income) |
-38.9 |
95.5 |
0.0 |
1.6 |
5.2 |
|
Unusual Expense (Income) |
-20.4 |
117.0 |
0.0 |
37.2 |
36.7 |
|
Total Operating Expense |
5,660.5 |
5,407.3 |
4,477.1 |
4,695.1 |
4,992.3 |
|
|
|
|
|
|
|
|
Operating Income |
330.6 |
397.8 |
421.5 |
167.7 |
492.6 |
|
|
|
|
|
|
|
|
Interest Expense -
Non-Operating |
-9.6 |
-7.2 |
-6.9 |
-10.3 |
-10.6 |
|
Interest Expense, Net Non-Operating |
-9.6 |
-7.2 |
-6.9 |
-10.3 |
-10.6 |
|
Interest Income -
Non-Operating |
4.1 |
3.5 |
3.6 |
6.5 |
9.9 |
|
Investment Income -
Non-Operating |
38.6 |
5.9 |
1.4 |
-16.8 |
0.0 |
|
Interest/Investment Income - Non-Operating |
42.6 |
9.5 |
5.0 |
-10.3 |
9.8 |
|
Interest Income (Expense) - Net Non-Operating Total |
33.0 |
2.3 |
-1.9 |
-20.5 |
-0.8 |
|
Gain (Loss) on Sale of Assets |
-2.6 |
-12.7 |
-15.4 |
-12.2 |
8.6 |
|
Other Non-Operating Income (Expense) |
19.9 |
21.3 |
-11.4 |
-7.7 |
6.0 |
|
Other, Net |
19.9 |
21.3 |
-11.4 |
-7.7 |
6.0 |
|
Income Before Tax |
380.8 |
408.6 |
392.8 |
127.3 |
506.4 |
|
|
|
|
|
|
|
|
Total Income Tax |
149.0 |
163.2 |
124.1 |
91.8 |
208.2 |
|
Income After Tax |
231.8 |
245.4 |
268.7 |
35.5 |
298.1 |
|
|
|
|
|
|
|
|
Minority Interest |
-23.8 |
-24.4 |
-15.8 |
-8.2 |
-23.1 |
|
Net Income Before Extraord Items |
208.0 |
221.1 |
252.9 |
27.3 |
275.0 |
|
Net Income |
208.0 |
221.1 |
252.9 |
27.3 |
275.0 |
|
|
|
|
|
|
|
|
Income Available to Common Excl Extraord Items |
208.0 |
221.1 |
252.9 |
27.3 |
275.0 |
|
|
|
|
|
|
|
|
Income Available to Common Incl Extraord Items |
208.0 |
221.1 |
252.9 |
27.3 |
275.0 |
|
|
|
|
|
|
|
|
Basic/Primary Weighted Average Shares |
208.3 |
208.3 |
208.3 |
208.3 |
207.4 |
|
Basic EPS Excl Extraord Items |
1.00 |
1.06 |
1.21 |
0.13 |
1.33 |
|
Basic/Primary EPS Incl Extraord Items |
1.00 |
1.06 |
1.21 |
0.13 |
1.33 |
|
Dilution Adjustment |
- |
0.0 |
0.0 |
0.0 |
0.0 |
|
Diluted Net Income |
208.0 |
221.1 |
252.9 |
27.3 |
275.0 |
|
Diluted Weighted Average Shares |
208.3 |
208.3 |
208.3 |
208.3 |
207.4 |
|
Diluted EPS Excl Extraord Items |
1.00 |
1.06 |
1.21 |
0.13 |
1.33 |
|
Diluted EPS Incl Extraord Items |
1.00 |
1.06 |
1.21 |
0.13 |
1.33 |
|
Dividends per Share - Common Stock Primary Issue |
0.46 |
0.42 |
0.34 |
0.32 |
0.28 |
|
Gross Dividends - Common Stock |
94.9 |
87.5 |
71.7 |
66.3 |
58.1 |
|
Interest Expense, Supplemental |
9.6 |
7.2 |
6.9 |
10.3 |
10.6 |
|
Depreciation, Supplemental |
357.6 |
338.2 |
340.7 |
343.9 |
287.5 |
|
Total Special Items |
-17.8 |
122.2 |
6.4 |
42.9 |
28.1 |
|
Normalized Income Before Tax |
363.1 |
530.8 |
399.2 |
170.2 |
534.4 |
|
|
|
|
|
|
|
|
Effect of Special Items on Income Taxes |
-7.0 |
51.8 |
4.9 |
17.3 |
11.6 |
|
Inc Tax Ex Impact of Sp Items |
142.1 |
215.0 |
129.0 |
109.1 |
219.8 |
|
Normalized Income After Tax |
221.0 |
315.8 |
270.2 |
61.1 |
314.7 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
197.2 |
291.5 |
254.5 |
52.9 |
291.6 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.95 |
1.40 |
1.22 |
0.25 |
1.41 |
|
Diluted Normalized EPS |
0.95 |
1.40 |
1.22 |
0.25 |
1.41 |
|
Amort of Acquisition Costs, Supplemental |
0.0 |
-7.5 |
-9.0 |
-6.4 |
0.0 |
|
Research & Development Exp, Supplemental |
132.7 |
307.9 |
273.3 |
274.8 |
246.4 |
|
Reported Operating Profit |
310.2 |
507.3 |
412.5 |
198.4 |
529.2 |
|
Reported Ordinary Profit |
352.1 |
525.6 |
392.8 |
164.4 |
520.5 |
|
Normalized EBIT |
310.2 |
514.8 |
421.5 |
204.8 |
529.2 |
|
Normalized EBITDA |
667.9 |
845.5 |
753.2 |
542.4 |
816.8 |
|
Current Tax - Total |
106.2 |
- |
- |
- |
- |
|
Current Tax - Total |
106.2 |
- |
- |
- |
- |
|
Deferred Tax - Total |
42.8 |
- |
- |
- |
- |
|
Deferred Tax - Total |
42.8 |
- |
- |
- |
- |
|
Income Tax - Total |
149.0 |
- |
- |
- |
- |
|
Interest Cost - Domestic |
28.4 |
26.1 |
25.3 |
23.4 |
20.3 |
|
Service Cost - Domestic |
36.1 |
32.6 |
31.2 |
29.3 |
26.0 |
|
Prior Service Cost - Domestic |
-3.3 |
-3.1 |
1.0 |
-1.6 |
-2.1 |
|
Expected Return on Assets - Domestic |
-14.8 |
-15.2 |
-12.5 |
-12.2 |
-13.2 |
|
Actuarial Gains and Losses - Domestic |
23.9 |
27.2 |
36.8 |
18.3 |
5.3 |
|
Transition Costs - Domestic |
- |
0.9 |
0.0 |
0.3 |
-0.3 |
|
Other Pension, Net - Domestic |
- |
4.3 |
1.9 |
2.4 |
3.1 |
|
Domestic Pension Plan Expense |
70.3 |
72.9 |
83.7 |
59.8 |
39.1 |
|
Defined Contribution Expense - Domestic |
12.3 |
10.4 |
10.3 |
9.6 |
8.1 |
|
Total Pension Expense |
82.5 |
83.3 |
94.0 |
69.3 |
47.2 |
|
Discount Rate - Domestic |
1.50% |
1.50% |
1.40% |
1.50% |
2.50% |
|
Expected Rate of Return - Domestic |
2.00% |
2.00% |
2.00% |
2.00% |
2.00% |
|
Total Plan Interest Cost |
28.4 |
26.1 |
25.3 |
23.4 |
20.3 |
|
Total Plan Service Cost |
36.1 |
32.6 |
31.2 |
29.3 |
26.0 |
|
Total Plan Expected Return |
-14.8 |
-15.2 |
-12.5 |
-12.2 |
-13.2 |
|
Total Plan Other Expense |
- |
4.3 |
1.9 |
2.4 |
3.1 |
Annual Balance Sheet
Financials in: USD (mil)
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate |
82.385362 |
82.88 |
93.44 |
98.77 |
99.535 |
|
Auditor |
Ernst &
Young Shin Nihon LLC |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Cash & Equivalents |
457.6 |
482.4 |
357.8 |
304.9 |
355.1 |
|
Short Term Investments |
23.0 |
68.7 |
0.0 |
- |
- |
|
Cash and Short Term Investments |
480.7 |
551.1 |
357.8 |
304.9 |
355.1 |
|
Accounts Receivable -
Trade, Gross |
1,300.3 |
1,290.3 |
1,124.3 |
782.0 |
1,271.2 |
|
Provision for Doubtful
Accounts |
-19.9 |
-30.9 |
-50.7 |
-43.6 |
-43.4 |
|
Trade Accounts Receivable - Net |
1,280.4 |
1,259.4 |
1,073.7 |
738.4 |
1,227.8 |
|
Total Receivables, Net |
1,280.4 |
1,259.4 |
1,073.7 |
738.4 |
1,227.8 |
|
Inventories - Finished Goods |
232.6 |
202.5 |
176.6 |
166.4 |
195.3 |
|
Inventories - Work In Progress |
126.1 |
116.4 |
99.6 |
88.6 |
115.9 |
|
Inventories - Raw Materials |
157.5 |
146.6 |
114.8 |
99.5 |
126.1 |
|
Total Inventory |
516.1 |
465.5 |
391.0 |
354.4 |
437.3 |
|
Deferred Income Tax - Current Asset |
86.1 |
107.4 |
107.4 |
86.7 |
117.0 |
|
Other Current Assets |
653.0 |
876.1 |
817.1 |
616.0 |
527.0 |
|
Other Current Assets, Total |
739.1 |
983.5 |
924.5 |
702.8 |
644.0 |
|
Total Current Assets |
3,016.3 |
3,259.5 |
2,747.1 |
2,100.4 |
2,664.2 |
|
|
|
|
|
|
|
|
Buildings |
1,610.8 |
1,531.6 |
1,360.1 |
1,270.6 |
1,246.8 |
|
Land/Improvements |
222.5 |
219.3 |
205.7 |
196.4 |
210.3 |
|
Machinery/Equipment |
3,899.3 |
3,788.6 |
3,398.3 |
3,274.7 |
3,237.2 |
|
Construction in
Progress |
125.5 |
50.6 |
49.1 |
100.4 |
53.0 |
|
Other
Property/Plant/Equipment |
754.4 |
745.2 |
662.2 |
643.9 |
637.0 |
|
Property/Plant/Equipment - Gross |
6,612.6 |
6,335.3 |
5,675.4 |
5,486.0 |
5,384.3 |
|
Accumulated Depreciation |
-5,019.0 |
-4,881.2 |
-4,320.1 |
-4,078.7 |
-3,929.5 |
|
Property/Plant/Equipment - Net |
1,593.7 |
1,454.1 |
1,355.4 |
1,407.3 |
1,454.8 |
|
Goodwill, Net |
299.6 |
- |
- |
- |
- |
|
Intangibles, Net |
61.0 |
79.1 |
61.4 |
66.4 |
75.5 |
|
LT Investment - Affiliate Companies |
82.8 |
71.7 |
76.4 |
- |
- |
|
LT Investments - Other |
89.2 |
136.8 |
138.9 |
166.6 |
207.6 |
|
Long Term Investments |
172.0 |
208.4 |
215.3 |
166.6 |
207.6 |
|
Deferred Income Tax - Long Term Asset |
88.4 |
98.0 |
80.2 |
87.7 |
57.5 |
|
Other Long Term Assets |
121.7 |
115.4 |
106.1 |
133.8 |
149.4 |
|
Other Long Term Assets, Total |
210.1 |
213.4 |
186.3 |
221.5 |
206.9 |
|
Total Assets |
5,352.7 |
5,214.6 |
4,565.3 |
3,962.2 |
4,608.8 |
|
|
|
|
|
|
|
|
Accounts Payable |
611.4 |
636.4 |
584.2 |
373.9 |
719.3 |
|
Accrued Expenses |
231.6 |
248.8 |
237.2 |
212.2 |
248.5 |
|
Notes Payable/Short Term Debt |
193.4 |
134.1 |
125.3 |
136.0 |
161.8 |
|
Current Portion - Long Term Debt/Capital Leases |
10.0 |
22.3 |
1.7 |
52.1 |
40.2 |
|
Income Taxes Payable |
63.2 |
78.7 |
121.0 |
23.3 |
109.6 |
|
Other Current Liabilities |
218.6 |
190.5 |
132.7 |
167.6 |
190.1 |
|
Other Current liabilities, Total |
281.7 |
269.2 |
253.7 |
190.8 |
299.7 |
|
Total Current Liabilities |
1,328.1 |
1,310.8 |
1,202.1 |
965.0 |
1,469.4 |
|
|
|
|
|
|
|
|
Long Term Debt |
300.3 |
169.3 |
133.7 |
122.8 |
171.8 |
|
Capital Lease Obligations |
1.4 |
1.9 |
2.1 |
1.0 |
- |
|
Total Long Term Debt |
301.7 |
171.2 |
135.8 |
123.8 |
171.8 |
|
Total Debt |
505.1 |
327.6 |
262.8 |
311.9 |
373.8 |
|
|
|
|
|
|
|
|
Minority Interest |
50.5 |
185.3 |
151.3 |
129.8 |
154.6 |
|
Pension Benefits - Underfunded |
216.0 |
209.7 |
182.0 |
168.2 |
161.8 |
|
Other Long Term Liabilities |
20.3 |
20.1 |
21.0 |
36.6 |
43.2 |
|
Other Liabilities, Total |
236.3 |
229.8 |
203.0 |
204.8 |
205.1 |
|
Total Liabilities |
1,916.6 |
1,897.1 |
1,692.2 |
1,423.4 |
2,000.9 |
|
|
|
|
|
|
|
|
Common Stock |
187.6 |
186.5 |
165.4 |
156.5 |
155.2 |
|
Common Stock |
187.6 |
186.5 |
165.4 |
156.5 |
155.2 |
|
Additional Paid-In Capital |
438.3 |
435.7 |
386.5 |
365.6 |
344.9 |
|
Retained Earnings (Accumulated Deficit) |
3,014.2 |
2,888.8 |
2,437.4 |
2,131.8 |
2,158.8 |
|
Treasury Stock - Common |
-2.3 |
-2.3 |
-1.9 |
-1.4 |
-1.2 |
|
Unrealized Gain (Loss) |
6.9 |
18.2 |
21.0 |
5.3 |
22.8 |
|
Translation Adjustment |
-208.6 |
-209.4 |
-135.3 |
-118.9 |
-72.6 |
|
Other Equity, Total |
-208.6 |
-209.4 |
-135.3 |
-118.9 |
-72.6 |
|
Total Equity |
3,436.0 |
3,317.5 |
2,873.1 |
2,538.9 |
2,607.9 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders’ Equity |
5,352.7 |
5,214.6 |
4,565.3 |
3,962.2 |
4,608.8 |
|
|
|
|
|
|
|
|
Shares Outstanding - Common Stock Primary
Issue |
208.2 |
208.3 |
208.3 |
208.3 |
207.4 |
|
Total Common Shares Outstanding |
208.2 |
208.3 |
208.3 |
208.3 |
207.4 |
|
Treasury Shares - Common Stock Primary Issue |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Employees |
16,713 |
15,930 |
15,267 |
15,289 |
15,303 |
|
Number of Common Shareholders |
17,942 |
18,008 |
17,197 |
16,933 |
14,930 |
|
Total Long Term Debt, Supplemental |
309.5 |
190.8 |
134.3 |
173.4 |
212.4 |
|
Long Term Debt Maturing within 1 Year |
9.2 |
21.5 |
0.6 |
50.6 |
40.6 |
|
Long Term Debt Maturing in Year 2 |
38.2 |
6.7 |
16.1 |
0.5 |
50.2 |
|
Long Term Debt Maturing in Year 3 |
13.6 |
23.7 |
2.6 |
14.7 |
2.0 |
|
Long Term Debt Maturing in Year 4 |
5.0 |
3.9 |
6.0 |
0.5 |
14.1 |
|
Long Term Debt Maturing in Year 5 |
121.9 |
13.5 |
0.6 |
5.2 |
- |
|
Long Term Debt Maturing in Year 6 |
121.4 |
- |
- |
- |
- |
|
Long Term Debt Maturing in 2-3 Years |
51.7 |
30.4 |
18.7 |
15.3 |
52.2 |
|
Long Term Debt Maturing in 4-5 Years |
126.9 |
17.4 |
6.6 |
5.7 |
14.1 |
|
Long Term Debt Matur. in Year 6 & Beyond |
121.6 |
121.5 |
108.4 |
101.8 |
105.5 |
|
Total Capital Leases, Supplemental |
2.3 |
2.7 |
3.2 |
2.5 |
- |
|
Capital Lease Payments Due in Year 1 |
0.8 |
0.9 |
1.1 |
1.4 |
- |
|
Capital Lease Payments Due in Year 2 |
1.0 |
0.8 |
0.9 |
0.6 |
- |
|
Capital Lease Payments Due in Year 3 |
0.4 |
0.7 |
0.6 |
0.3 |
- |
|
Capital Lease Payments Due in Year 4 |
0.1 |
0.3 |
0.4 |
0.1 |
- |
|
Capital Lease Payments Due in Year 5 |
0.0 |
0.0 |
0.2 |
0.0 |
- |
|
Capital Lease Payments Due in 2-3 Years |
1.3 |
1.5 |
1.5 |
1.0 |
- |
|
Capital Lease Payments Due in 4-5 Years |
0.1 |
0.4 |
0.6 |
0.1 |
- |
|
Pension Obligation - Domestic |
1,099.4 |
1,060.1 |
963.1 |
938.7 |
968.4 |
|
Plan Assets - Domestic |
833.6 |
821.7 |
737.9 |
607.9 |
789.6 |
|
Funded Status - Domestic |
-265.8 |
-238.3 |
-225.1 |
-330.8 |
-178.7 |
|
Total Funded Status |
-265.8 |
-238.3 |
-225.1 |
-330.8 |
-178.7 |
|
Discount Rate - Domestic |
1.50% |
1.50% |
1.40% |
1.50% |
2.50% |
|
Expected Rate of Return - Domestic |
2.00% |
2.00% |
2.00% |
2.00% |
2.00% |
|
Prepaid Benefits - Domestic |
45.5 |
41.2 |
37.8 |
58.1 |
64.6 |
|
Accrued Liabilities - Domestic |
-200.8 |
-193.6 |
-166.4 |
-151.3 |
-144.9 |
|
Other Assets, Net - Domestic |
110.5 |
86.0 |
96.5 |
237.7 |
98.4 |
|
Net Assets Recognized on Balance Sheet |
-44.8 |
-66.4 |
-32.1 |
144.5 |
18.1 |
|
Total Plan Obligations |
1,099.4 |
1,060.1 |
963.1 |
938.7 |
968.4 |
|
Total Plan Assets |
833.6 |
821.7 |
737.9 |
607.9 |
789.6 |
Annual Cash Flows
Financials in: USD (mil)
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
|
Auditor |
Ernst &
Young Shin Nihon LLC |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Net Income/Starting Line |
380.8 |
408.6 |
392.8 |
127.3 |
506.4 |
|
Depreciation |
357.6 |
338.2 |
340.7 |
343.9 |
287.5 |
|
Depreciation/Depletion |
357.6 |
338.2 |
340.7 |
343.9 |
287.5 |
|
Unusual Items |
15.5 |
85.8 |
12.6 |
10.3 |
9.2 |
|
Equity in Net Earnings (Loss) |
-16.3 |
-16.3 |
-11.7 |
11.0 |
-7.9 |
|
Other Non-Cash Items |
-35.5 |
9.9 |
15.0 |
7.6 |
-7.9 |
|
Non-Cash Items |
-36.3 |
79.4 |
15.9 |
29.0 |
-6.6 |
|
Accounts Receivable |
10.9 |
-77.8 |
-305.2 |
472.2 |
-126.9 |
|
Inventories |
-37.6 |
-22.8 |
-23.9 |
77.6 |
-17.0 |
|
Accounts Payable |
-29.4 |
12.0 |
170.8 |
-331.6 |
40.2 |
|
Other Operating Cash Flow |
-111.5 |
-224.1 |
16.8 |
-166.1 |
-174.0 |
|
Changes in Working Capital |
-167.7 |
-312.7 |
-141.5 |
52.0 |
-277.7 |
|
Cash from Operating Activities |
534.5 |
513.6 |
607.9 |
552.2 |
509.6 |
|
|
|
|
|
|
|
|
Purchase of Fixed Assets |
-424.8 |
-321.0 |
-224.8 |
-361.0 |
-299.3 |
|
Capital Expenditures |
-424.8 |
-321.0 |
-224.8 |
-361.0 |
-299.3 |
|
Acquisition of Business |
-62.6 |
-18.6 |
0.0 |
- |
- |
|
Sale of Fixed Assets |
24.3 |
5.6 |
7.3 |
17.7 |
23.6 |
|
Sale/Maturity of Investment |
123.9 |
88.1 |
7.0 |
3.4 |
117.2 |
|
Purchase of Investments |
-491.4 |
-77.6 |
-16.7 |
-28.3 |
-95.6 |
|
Other Investing Cash Flow |
-20.5 |
-93.6 |
12.0 |
-46.0 |
-41.1 |
|
Other Investing Cash Flow Items, Total |
-426.2 |
-96.1 |
9.6 |
-53.2 |
4.1 |
|
Cash from Investing Activities |
-851.1 |
-417.2 |
-215.2 |
-414.2 |
-295.2 |
|
|
|
|
|
|
|
|
Other Financing Cash Flow |
-7.0 |
-4.5 |
-5.0 |
-8.0 |
-12.1 |
|
Financing Cash Flow Items |
-7.0 |
-4.5 |
-5.0 |
-8.0 |
-12.1 |
|
Cash Dividends Paid - Common |
-94.9 |
-85.1 |
-67.2 |
-70.3 |
-54.4 |
|
Total Cash Dividends Paid |
-94.9 |
-85.1 |
-67.2 |
-70.3 |
-54.4 |
|
Short Term Debt, Net |
36.9 |
-27.1 |
-14.4 |
-18.9 |
8.6 |
|
Long Term Debt Issued |
147.0 |
37.6 |
5.2 |
2.3 |
0.0 |
|
Long Term Debt
Reduction |
-23.5 |
-0.6 |
-54.4 |
-42.3 |
-34.1 |
|
Long Term Debt, Net |
123.5 |
37.0 |
-49.2 |
-39.9 |
-34.1 |
|
Issuance (Retirement) of Debt, Net |
160.3 |
9.9 |
-63.6 |
-58.8 |
-25.5 |
|
Cash from Financing Activities |
58.4 |
-79.6 |
-135.8 |
-137.1 |
-92.0 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
-0.8 |
-27.8 |
-2.5 |
-22.0 |
-30.4 |
|
Net Change in Cash |
-259.1 |
-11.0 |
254.3 |
-21.1 |
92.0 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
1,225.6 |
1,140.3 |
795.8 |
757.2 |
573.7 |
|
Net Cash - Ending Balance |
966.5 |
1,129.3 |
1,050.2 |
736.1 |
665.6 |
|
Cash Interest Paid |
9.1 |
6.9 |
7.0 |
10.4 |
10.9 |
|
Cash Taxes Paid |
122.9 |
205.4 |
12.8 |
198.0 |
208.1 |
Annual Income Statement
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
|
Auditor |
Ernst &
Young Shin Nihon LLC |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Net Sales |
5,991.2 |
5,805.2 |
4,898.7 |
4,862.8 |
5,484.8 |
|
Total Revenue |
5,991.2 |
5,805.2 |
4,898.7 |
4,862.8 |
5,484.8 |
|
|
|
|
|
|
|
|
Total |
4,673.0 |
4,355.3 |
3,684.2 |
3,859.9 |
4,095.1 |
|
Other Selling/General/Admin. Expense |
322.3 |
- |
- |
- |
- |
|
Reserve Accrued Retirement |
20.2 |
17.0 |
23.4 |
19.2 |
16.5 |
|
Allowance Doubtful Accounts |
-3.6 |
- |
8.3 |
3.7 |
9.2 |
|
Salary/Bonus |
279.9 |
261.4 |
217.7 |
225.6 |
247.5 |
|
Shipping |
196.6 |
178.8 |
154.0 |
153.7 |
171.9 |
|
Research&Development |
192.5 |
188.9 |
165.0 |
159.0 |
144.8 |
|
Other SGA |
- |
296.4 |
233.5 |
243.3 |
270.7 |
|
Insurance Income |
-35.6 |
- |
- |
- |
- |
|
Loss on step acquisitions |
2.4 |
- |
- |
- |
- |
|
Compensation income |
-32.3 |
- |
- |
- |
- |
|
SP Rev. of allowance for doubtful accou |
0.0 |
-27.0 |
0.0 |
- |
- |
|
SP Gain on step acquisitions |
0.0 |
-4.6 |
0.0 |
- |
- |
|
Business structure improvement expenses |
10.9 |
- |
- |
- |
- |
|
SP Business Restructuring |
- |
- |
0.0 |
4.3 |
17.8 |
|
SP Res. for product safety |
- |
- |
- |
0.0 |
5.2 |
|
SP Impairment Loss |
7.6 |
21.5 |
0.0 |
31.2 |
13.7 |
|
SP Surcharge |
- |
- |
0.0 |
1.6 |
0.0 |
|
SP L on adjustment for changes of accoun |
0.0 |
7.2 |
0.0 |
- |
- |
|
SP Loss on disaster |
26.6 |
119.9 |
0.0 |
- |
- |
|
NOP Amort. of Negative Goodwill |
0.0 |
-7.5 |
-9.0 |
-6.4 |
0.0 |
|
Total Operating Expense |
5,660.5 |
5,407.3 |
4,477.1 |
4,695.1 |
4,992.3 |
|
|
|
|
|
|
|
|
Gain On Sales Of Noncurrent Assets |
8.4 |
- |
- |
- |
- |
|
SP G on transfer of business |
- |
- |
- |
0.0 |
25.9 |
|
SP G on sale of fixed assets |
- |
- |
- |
0.0 |
7.7 |
|
Gain on sales of investment securities |
21.3 |
- |
- |
- |
- |
|
SP L on trans. of business |
- |
- |
- |
0.0 |
-11.2 |
|
NOP Interest Income |
4.1 |
3.5 |
3.6 |
6.5 |
9.9 |
|
NOP Dividend Income |
3.6 |
2.7 |
1.5 |
3.9 |
2.6 |
|
NOP Equity in Earnings |
16.3 |
16.3 |
11.7 |
0.0 |
7.9 |
|
NOP Insurance Income |
- |
- |
- |
0.0 |
10.6 |
|
NOP Royalty income |
17.1 |
16.3 |
11.6 |
13.0 |
8.3 |
|
NOP G.Sale Inv. Secs |
- |
- |
- |
- |
0.0 |
|
Other income |
30.9 |
41.3 |
35.5 |
33.5 |
27.5 |
|
NOP Interest Expenses |
-9.6 |
-7.2 |
-6.9 |
-10.3 |
-10.6 |
|
NOP Prop. Disposal/Loss |
-11.0 |
-12.7 |
-15.4 |
-12.2 |
-13.9 |
|
NOP Warranty Expenses |
- |
0.0 |
-16.4 |
0.0 |
-8.8 |
|
NOP Exchange Loss |
-2.7 |
-13.0 |
-11.9 |
-9.6 |
-10.5 |
|
NOP Equity Loss |
- |
- |
0.0 |
-11.0 |
0.0 |
|
Other expenses |
-28.1 |
-36.3 |
-42.2 |
-54.2 |
-31.5 |
|
Net Income Before Taxes |
380.8 |
408.6 |
392.8 |
127.3 |
506.4 |
|
|
|
|
|
|
|
|
Provision for Income Taxes |
149.0 |
163.2 |
124.1 |
91.8 |
208.2 |
|
Net Income After Taxes |
231.8 |
245.4 |
268.7 |
35.5 |
298.1 |
|
|
|
|
|
|
|
|
Minority interests in income |
-23.8 |
-24.4 |
-15.8 |
-8.2 |
-23.1 |
|
Net Income Before Extra. Items |
208.0 |
221.1 |
252.9 |
27.3 |
275.0 |
|
Net Income |
208.0 |
221.1 |
252.9 |
27.3 |
275.0 |
|
|
|
|
|
|
|
|
Income Available to Com Excl ExtraOrd |
208.0 |
221.1 |
252.9 |
27.3 |
275.0 |
|
|
|
|
|
|
|
|
Income Available to Com Incl ExtraOrd |
208.0 |
221.1 |
252.9 |
27.3 |
275.0 |
|
|
|
|
|
|
|
|
Basic Weighted Average Shares |
208.3 |
208.3 |
208.3 |
208.3 |
207.4 |
|
Basic EPS Excluding ExtraOrdinary Items |
1.00 |
1.06 |
1.21 |
0.13 |
1.33 |
|
Basic EPS Including ExtraOrdinary Item |
1.00 |
1.06 |
1.21 |
0.13 |
1.33 |
|
Dilution Adjustment |
- |
0.0 |
0.0 |
0.0 |
0.0 |
|
Diluted Net Income |
208.0 |
221.1 |
252.9 |
27.3 |
275.0 |
|
Diluted Weighted Average Shares |
208.3 |
208.3 |
208.3 |
208.3 |
207.4 |
|
Diluted EPS Excluding ExtraOrd Items |
1.00 |
1.06 |
1.21 |
0.13 |
1.33 |
|
Diluted EPS Including ExtraOrd Items |
1.00 |
1.06 |
1.21 |
0.13 |
1.33 |
|
DPS-Common Stock |
0.46 |
0.42 |
0.34 |
0.32 |
0.28 |
|
Gross Dividends - Common Stock |
94.9 |
87.5 |
71.7 |
66.3 |
58.1 |
|
Normalized Income Before Taxes |
363.1 |
530.8 |
399.2 |
170.2 |
534.4 |
|
|
|
|
|
|
|
|
Inc Tax Ex Impact of Sp Items |
142.1 |
215.0 |
129.0 |
109.1 |
219.8 |
|
Normalized Income After Taxes |
221.0 |
315.8 |
270.2 |
61.1 |
314.7 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
197.2 |
291.5 |
254.5 |
52.9 |
291.6 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.95 |
1.40 |
1.22 |
0.25 |
1.41 |
|
Diluted Normalized EPS |
0.95 |
1.40 |
1.22 |
0.25 |
1.41 |
|
Research&Development(COGS) |
132.7 |
- |
- |
- |
- |
|
Research&Development |
- |
188.9 |
165.0 |
159.0 |
144.8 |
|
Research&Development(COGS) |
- |
119.0 |
108.3 |
115.9 |
101.6 |
|
Interest Expense |
9.6 |
7.2 |
6.9 |
10.3 |
10.6 |
|
Amort of Negative Goodwill |
0.0 |
-7.5 |
-9.0 |
-6.4 |
0.0 |
|
Amort of Tangible Assets-Current Portion |
357.6 |
- |
- |
- |
- |
|
Depreciation |
- |
338.2 |
340.7 |
343.9 |
287.5 |
|
Income taxes-current |
106.2 |
- |
- |
- |
- |
|
Current Tax - Total |
106.2 |
- |
- |
- |
- |
|
Income taxes-deferred |
42.8 |
- |
- |
- |
- |
|
Deferred Tax - Total |
42.8 |
- |
- |
- |
- |
|
Income Tax - Total |
149.0 |
- |
- |
- |
- |
|
Reported operating profit |
310.2 |
507.3 |
412.5 |
198.4 |
529.2 |
|
Reported ordinary profit |
352.1 |
525.6 |
392.8 |
164.4 |
520.5 |
|
Service cost |
36.1 |
32.6 |
31.2 |
29.3 |
26.0 |
|
Interest cost |
28.4 |
26.1 |
25.3 |
23.4 |
20.3 |
|
Expected return on plan asset |
-14.8 |
-15.2 |
-12.5 |
-12.2 |
-13.2 |
|
Actuarial G/L |
23.9 |
27.2 |
36.8 |
18.3 |
5.3 |
|
Prior service cost |
-3.3 |
-3.1 |
1.0 |
-1.6 |
-2.1 |
|
Additional retire benefit nonrecurr. |
- |
4.3 |
1.9 |
2.4 |
3.1 |
|
Partial transition pension |
- |
- |
- |
0.0 |
-0.3 |
|
Partail transition defined contribution |
- |
0.9 |
0.0 |
0.3 |
0.0 |
|
Domestic Pension Plan Expense |
70.3 |
72.9 |
83.7 |
59.8 |
39.1 |
|
Defined contribution exp. |
12.3 |
10.4 |
10.3 |
9.6 |
8.1 |
|
Total Pension Expense |
82.5 |
83.3 |
94.0 |
69.3 |
47.2 |
|
Discount Rate(MIN)-Retirement Cost(Domes |
1.50% |
- |
- |
- |
- |
|
Discount Rate |
- |
1.50% |
1.40% |
1.50% |
2.50% |
|
Expected return on assets(MIN)-Retiremen |
2.00% |
- |
- |
- |
- |
|
Expected Rate of Return |
- |
2.00% |
2.00% |
2.00% |
2.00% |
Annual Balance
Sheet
Financials in: USD (mil)
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate |
82.385362 |
82.88 |
93.44 |
98.77 |
99.535 |
|
Auditor |
Ernst &
Young Shin Nihon LLC |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Cash/Equivalents |
457.6 |
482.4 |
357.8 |
304.9 |
355.1 |
|
Notes and accounts receivable-trade |
1,300.3 |
1,290.3 |
1,124.3 |
782.0 |
1,271.2 |
|
Short-term investment securities |
23.0 |
68.7 |
0.0 |
- |
- |
|
Inventories - finished goods |
232.6 |
202.5 |
176.6 |
166.4 |
195.3 |
|
Inventories - work-in-process |
126.1 |
116.4 |
99.6 |
88.6 |
115.9 |
|
Inventories - raw materials |
157.5 |
146.6 |
114.8 |
99.5 |
126.1 |
|
Deferred Tax |
86.1 |
107.4 |
107.4 |
86.7 |
117.0 |
|
Deposits payments-Affi. |
469.7 |
686.7 |
686.7 |
444.0 |
409.3 |
|
Other |
183.3 |
189.4 |
130.4 |
172.1 |
117.6 |
|
Allw-Doubt.Acct |
-19.9 |
-30.9 |
-50.7 |
-43.6 |
-43.4 |
|
Total Current Assets |
3,016.3 |
3,259.5 |
2,747.1 |
2,100.4 |
2,664.2 |
|
|
|
|
|
|
|
|
Building/Struct |
1,610.8 |
1,531.6 |
1,360.1 |
1,270.6 |
1,246.8 |
|
Accum Dep & Impair Loss of Mchy &
Equipt |
-1,082.2 |
-1,049.3 |
-903.5 |
-847.5 |
-817.0 |
|
Machinery, Equipment and Vehicles Gross |
3,899.3 |
3,788.6 |
3,398.3 |
3,274.7 |
3,237.2 |
|
Acc. Depre&Impair-Machine,Equip&Vehicle |
-3,298.5 |
-3,197.8 |
-2,848.3 |
-2,694.6 |
-2,606.7 |
|
Land |
222.5 |
219.3 |
205.7 |
196.4 |
210.3 |
|
Constr.-in-Prog. |
125.5 |
50.6 |
49.1 |
100.4 |
53.0 |
|
Other PPE |
754.4 |
745.2 |
662.2 |
643.9 |
637.0 |
|
Other Accumulated depreciation |
-638.3 |
-634.1 |
-568.3 |
-536.6 |
-505.8 |
|
Goodwill |
299.6 |
- |
- |
- |
- |
|
Other |
61.0 |
- |
- |
- |
- |
|
Total intangible assets |
- |
79.1 |
61.4 |
66.4 |
75.5 |
|
Other LT investment |
89.2 |
- |
- |
- |
- |
|
Inv. in Secs. |
- |
136.8 |
138.9 |
166.6 |
207.6 |
|
Invt Secs Noncons, Asc, Affd Cos |
82.8 |
- |
- |
- |
- |
|
Equity secs.-nonconsol affil.&sub. |
- |
71.7 |
76.4 |
- |
- |
|
Deferred tax assets |
88.4 |
98.0 |
80.2 |
87.7 |
57.5 |
|
Other Assets |
130.2 |
125.2 |
116.0 |
141.8 |
155.3 |
|
Allw-Doubt.Acct |
-8.5 |
-9.8 |
-9.9 |
-8.0 |
-5.9 |
|
Total Assets |
5,352.7 |
5,214.6 |
4,565.3 |
3,962.2 |
4,608.8 |
|
|
|
|
|
|
|
|
Notes and accounts payable-trade |
611.4 |
636.4 |
584.2 |
373.9 |
719.3 |
|
Curr. Port. Bond |
- |
- |
0.0 |
50.6 |
40.2 |
|
Short-term loans payable |
193.4 |
134.1 |
125.3 |
136.0 |
161.8 |
|
Curr. Port. LTD |
9.2 |
21.5 |
0.6 |
0.0 |
- |
|
Current lease obligations |
0.8 |
0.9 |
1.1 |
1.4 |
- |
|
Accrued Expenses |
231.6 |
248.8 |
237.2 |
212.2 |
248.5 |
|
Provision for loss on disaster |
0.1 |
29.7 |
0.0 |
- |
- |
|
Income Taxes |
63.2 |
78.7 |
121.0 |
23.3 |
109.6 |
|
Other Liabs. |
218.4 |
160.8 |
132.7 |
167.6 |
190.1 |
|
Total Current Liabilities |
1,328.1 |
1,310.8 |
1,202.1 |
965.0 |
1,469.4 |
|
|
|
|
|
|
|
|
Corporate Bond |
242.8 |
120.7 |
107.0 |
101.2 |
150.7 |
|
Long-term loans payable |
57.5 |
48.6 |
26.7 |
21.5 |
21.1 |
|
Lease obligations |
1.4 |
1.9 |
2.1 |
1.0 |
- |
|
Total Long Term Debt |
301.7 |
171.2 |
135.8 |
123.8 |
171.8 |
|
|
|
|
|
|
|
|
Rsrv-Accr.Retire |
200.8 |
193.6 |
166.4 |
151.3 |
144.9 |
|
Provision for directors'' retirement ben |
15.2 |
16.2 |
15.6 |
16.9 |
16.9 |
|
Negative Goodwill |
- |
0.0 |
6.9 |
15.0 |
0.0 |
|
Other Liabs. |
20.3 |
20.1 |
14.1 |
21.6 |
43.2 |
|
Minority Int. |
50.5 |
185.3 |
151.3 |
129.8 |
154.6 |
|
Total Liabilities |
1,916.6 |
1,897.1 |
1,692.2 |
1,423.4 |
2,000.9 |
|
|
|
|
|
|
|
|
Common Stock |
187.6 |
186.5 |
165.4 |
156.5 |
155.2 |
|
Total capital surpluses |
438.3 |
435.7 |
386.5 |
365.6 |
344.9 |
|
Total retained earnings |
3,014.2 |
2,888.8 |
2,437.4 |
2,131.8 |
2,158.8 |
|
Treasury Stock |
-2.3 |
-2.3 |
-1.9 |
-1.4 |
-1.2 |
|
Valuation difference on available-for-sa |
8.9 |
18.7 |
21.2 |
5.4 |
22.1 |
|
Deferred hedge |
-2.0 |
-0.5 |
-0.2 |
-0.1 |
0.7 |
|
Translation Adj. |
-208.6 |
-209.4 |
-135.3 |
-118.9 |
-72.6 |
|
Total Equity |
3,436.0 |
3,317.5 |
2,873.1 |
2,538.9 |
2,607.9 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders' Equity |
5,352.7 |
5,214.6 |
4,565.3 |
3,962.2 |
4,608.8 |
|
|
|
|
|
|
|
|
S/O-Common Stock |
208.2 |
208.3 |
208.3 |
208.3 |
207.4 |
|
Total Common Shares Outstanding |
208.2 |
208.3 |
208.3 |
208.3 |
207.4 |
|
T/S-Common Stock |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Full-Time Employees |
16,713 |
15,930 |
15,267 |
15,289 |
15,303 |
|
Total Number of Shareholders |
17,942 |
- |
- |
- |
- |
|
Number of Common Shareholders |
- |
18,008 |
17,197 |
16,933 |
14,930 |
|
Bond Redemp Amts over 5 Yrs within 6 Yrs |
121.4 |
- |
- |
- |
- |
|
Long Term Debt Maturing within 1 Yr |
9.2 |
21.5 |
0.6 |
50.6 |
40.6 |
|
Lns Pble Maturing over a Yr within 2 Yrs |
38.2 |
- |
- |
- |
- |
|
Long Term Debt Maturing within 2 Yr |
- |
6.7 |
16.1 |
0.5 |
50.2 |
|
Lns Pble Maturg over 2 Yrs within 3 Yrs |
13.6 |
- |
- |
- |
- |
|
Long Term Debt Maturing within 3 Yr |
- |
23.7 |
2.6 |
14.7 |
2.0 |
|
Lns Pble Maturg over 3 Yrs within 4 Yrs |
5.0 |
- |
- |
- |
- |
|
Long Term Debt Maturing within 4 Yr |
- |
3.9 |
6.0 |
0.5 |
14.1 |
|
Lns Pble Maturg over 4 Yrs within 5 Yrs |
0.6 |
- |
- |
- |
- |
|
Bond Redemp Amts over 4 Yrs within 5 Yrs |
121.4 |
- |
- |
- |
- |
|
Long Term Debt Maturing within 5 Yr |
- |
13.5 |
0.6 |
5.2 |
- |
|
Loans Payable Remaining |
0.3 |
- |
- |
- |
- |
|
Long Term Debt Maturing thereafter |
- |
121.5 |
108.4 |
101.8 |
105.5 |
|
Total Long Term Debt, Supplemental |
309.5 |
190.8 |
134.3 |
173.4 |
212.4 |
|
Lease Maturing within 1 Yr |
0.8 |
0.9 |
1.1 |
1.4 |
- |
|
Cap Lease Maturg over a Yr within 2 Yrs |
1.0 |
- |
- |
- |
- |
|
Lease Maturing within 2 Yr |
- |
0.8 |
0.9 |
0.6 |
- |
|
Cap Lease Maturg over 2 Yr within 3 Yrs |
0.4 |
- |
- |
- |
- |
|
Lease Maturing within 3 Yr |
- |
0.7 |
0.6 |
0.3 |
- |
|
Cap Lease Maturg over 3 Yr within 4 Yrs |
0.1 |
- |
- |
- |
- |
|
Lease Maturing within 4 Yr |
- |
0.3 |
0.4 |
0.1 |
- |
|
Cap Lease Maturg over 4 Yr within 5 Yrs |
0.0 |
- |
- |
- |
- |
|
Lease Maturing within 5 Yr |
- |
0.0 |
0.2 |
0.0 |
- |
|
Total Capital Leases |
2.3 |
2.7 |
3.2 |
2.5 |
- |
|
Pension obligation |
1,099.4 |
1,060.1 |
963.1 |
938.7 |
968.4 |
|
Fair values of plan asset |
833.6 |
821.7 |
737.9 |
607.9 |
789.6 |
|
Funded status |
-265.8 |
-238.3 |
-225.1 |
-330.8 |
-178.7 |
|
Total Funded Status |
-265.8 |
-238.3 |
-225.1 |
-330.8 |
-178.7 |
|
Discount rate |
1.50% |
1.50% |
1.40% |
1.50% |
2.50% |
|
Expected rate of return |
2.00% |
2.00% |
2.00% |
2.00% |
2.00% |
|
Unrecog. acturarial G/L |
115.0 |
94.2 |
105.2 |
246.4 |
109.3 |
|
Unrecog. prior service cost |
-4.5 |
-8.3 |
-8.6 |
-8.8 |
-10.9 |
|
Prepaid pension |
45.5 |
41.2 |
37.8 |
58.1 |
64.6 |
|
Reserve pension benefit |
-200.8 |
-193.6 |
-166.4 |
-151.3 |
-144.9 |
|
Net Assets Recognized on Balance Sheet |
-44.8 |
-66.4 |
-32.1 |
144.5 |
18.1 |
Annual Cash Flows
Financials in: USD (mil)
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
|
Auditor |
Ernst &
Young Shin Nihon LLC |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst & Young
LLP |
Ernst &
Young LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Net Income,Bf.Tax |
380.8 |
408.6 |
392.8 |
127.3 |
506.4 |
|
Depreciation |
357.6 |
338.2 |
340.7 |
343.9 |
287.5 |
|
Increase (decrease) in allowance for dou |
-12.8 |
-25.5 |
6.8 |
2.5 |
8.8 |
|
Int.&Divid. Income |
-7.7 |
-6.2 |
-5.2 |
-10.4 |
-12.4 |
|
Interet Expense |
9.6 |
7.2 |
6.9 |
10.3 |
10.6 |
|
Loss (gain) on retirement and sales of p |
7.9 |
9.3 |
12.6 |
10.3 |
9.2 |
|
Equity in (earnings) losses of affiliate |
-16.3 |
-16.3 |
-11.7 |
11.0 |
-7.9 |
|
Impairment loss |
7.6 |
76.5 |
0.0 |
- |
- |
|
Decrease (increase) in notes and account |
13.0 |
-57.3 |
-305.2 |
472.2 |
-126.9 |
|
Decrease (increase) in inventories |
-37.6 |
-22.8 |
-23.9 |
77.6 |
-17.0 |
|
Decrease (increase) in accounts receivab |
-2.1 |
-20.4 |
0.0 |
- |
- |
|
Increase (decrease) in notes and account |
-29.4 |
15.4 |
192.8 |
-330.5 |
54.1 |
|
Other Payable |
- |
-3.4 |
-22.0 |
-1.0 |
-13.9 |
|
Increase (decrease) in provision for los |
-31.0 |
28.7 |
0.0 |
- |
- |
|
Increase (decrease) in provision for ret |
6.3 |
5.7 |
6.5 |
5.3 |
-14.9 |
|
Increase (decrease) in cash and cash equ |
1.6 |
- |
- |
- |
- |
|
Other, net |
-3.1 |
-35.1 |
22.1 |
22.9 |
24.4 |
|
Int.&Divid. Rcvd. |
22.0 |
23.3 |
14.5 |
19.3 |
20.6 |
|
Interest expenses paid |
-9.1 |
-6.9 |
-7.0 |
-10.4 |
-10.9 |
|
Income taxes paid, cash basis |
-122.9 |
-212.8 |
-55.7 |
-198.0 |
-208.1 |
|
Income taxes refund |
0.0 |
7.4 |
42.8 |
0.0 |
- |
|
Cash from Operating Activities |
534.5 |
513.6 |
607.9 |
552.2 |
509.6 |
|
|
|
|
|
|
|
|
Purchase Of Investments In Subsidiaries |
-460.9 |
- |
- |
- |
- |
|
Purchase of short-term investment securi |
-6.3 |
-40.8 |
0.0 |
- |
- |
|
Proceeds From Redemption Of Securities |
72.2 |
- |
- |
- |
- |
|
Proceeds from redemption of securities |
- |
5.8 |
- |
- |
- |
|
Purchase of property, plant and equipmen |
-424.8 |
-321.0 |
-224.8 |
-361.0 |
-299.3 |
|
Proceeds from sales of property, plant a |
24.3 |
5.6 |
7.3 |
17.7 |
23.6 |
|
Purch. Invest Sec |
-24.2 |
-36.6 |
-16.7 |
-26.2 |
-15.9 |
|
Sale Invest Secs |
51.7 |
3.3 |
7.0 |
3.4 |
0.1 |
|
Purchase of trust rights |
0.0 |
-67.3 |
0.0 |
- |
- |
|
Redemption of trust rights |
0.0 |
79.0 |
0.0 |
- |
- |
|
Purch. of Subs. Stk. |
- |
-0.2 |
0.0 |
-2.1 |
-79.7 |
|
Sale of Subs. Stk. due to Consol. change |
- |
- |
- |
0.0 |
117.1 |
|
Purc. of Subs. Stk. due to Consol. chan. |
-62.6 |
-18.6 |
0.0 |
- |
- |
|
Other, net |
-20.5 |
-26.2 |
12.0 |
-46.0 |
-41.1 |
|
Cash from Investing Activities |
-851.1 |
-417.2 |
-215.2 |
-414.2 |
-295.2 |
|
|
|
|
|
|
|
|
Net increase (decrease) in short-term lo |
36.9 |
-27.1 |
-14.4 |
-18.9 |
8.6 |
|
Proceeds from issuance of bonds |
126.6 |
- |
- |
- |
- |
|
Proceeds from long-term loans payable |
20.3 |
37.6 |
5.2 |
2.3 |
0.0 |
|
Repayment of long-term loans payable |
-23.5 |
-0.6 |
-0.6 |
-2.5 |
-7.8 |
|
Issuance Corp. Bond |
- |
0.0 |
- |
- |
0.0 |
|
Redempt Corp.Bond |
- |
- |
-53.8 |
-39.8 |
-26.2 |
|
Dividends Paid |
-94.9 |
-85.1 |
-67.2 |
-70.3 |
-54.4 |
|
Dividend Minority |
-6.3 |
-3.3 |
-2.5 |
-2.6 |
-3.8 |
|
Other, net |
-0.7 |
-1.1 |
-2.5 |
-5.4 |
-8.3 |
|
Cash from Financing Activities |
58.4 |
-79.6 |
-135.8 |
-137.1 |
-92.0 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
-0.8 |
-27.8 |
-2.5 |
-22.0 |
-30.4 |
|
Net Change in Cash |
-259.1 |
-11.0 |
254.3 |
-21.1 |
92.0 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
1,225.6 |
1,140.3 |
795.8 |
757.2 |
573.7 |
|
Net Cash - Ending Balance |
966.5 |
1,129.3 |
1,050.2 |
736.1 |
665.6 |
|
Cash Interest Paid |
9.1 |
6.9 |
7.0 |
10.4 |
10.9 |
|
Cash Taxes Paid |
122.9 |
205.4 |
12.8 |
198.0 |
208.1 |
Financial Health
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
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Annual Ratios
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.75 |
|
UK Pound |
1 |
Rs.85.08 |
|
Euro |
1 |
Rs.69.04 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
---- |
NB |
New Business |
---- |
This score serves as a reference to assess
SCs credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors and their relative weights (as
indicated through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.