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  • Previous Rank89
  • Revenues ($M)$83,584
  • Revenue Percent Change-6%
  • Profits ($M)$1,434
  • Profits Percent Change-27.5%
  • Assets ($M)$111,684
  • Employees335,244

Hitachi CEO Hiroaki Nakanishi sought to grow his wide-ranging Japanese conglomerate, which has been losing out to General Electric and an increasing threat from China’s industrial manufacturing sector. In 2015, he bulked by up buying Finmeccanica’s railroad business for $2.2 billion. Added to the earlier purchase of American iron casting company Waupaca Foundry Holdings, Nakanishi’s moves helped increase revenue modestly for the year to almost $90 billion. Strong results in North America and Europe more than offset weakness in China and its home market of Japan.

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Company Information

CEO
Toshiaki Higashihara
Sector
Industrials
Industry
Electronics, Electrical Equip.
HQ Location
Tokyo, Japan
Employees335,244
Websitehttp://www.hitachi.com
Years on Global 500 List22
Figures prepared in accordance with International Accounting Standards. Figures are for fiscal year ended March 31, 2016.

Hitachi Rank History

Key Financials (last fiscal year)

($ Millions)% change
Revenues ($M)$83,584-6%
Profits ($M)$1,434-27.5%
Assets ($M)$111,684-
Total Stockholder Equity ($M)$24,338-

Profit Ratios

Profit as % of Revenues1.7%
Profits as % of Assets1.3%
Profits as % of Stockholder Equity5.9%