Question # 6

Research one multinational corporation like Procter and Gamble, Unilever, IBM, Microsoft, Honda and etc. Identify and describe how their subsidiaries are managed and how technology has assisted them in their corporate and/or local operations. Further, identify one Philippine company that has gone worldwide (eg. Jollibee and BENCH) and describe their strategies. Evaluate the strategies of foreign companies with that of Philippine corporations.


Hitachi Ltd.

History

Hitachi was founded in 1910 as an electrical repair shop. Today, it is one of the leading manufacturers in new technology.
Hitachi Works

Hitachi Works is the oldest member of the Hitachi Group and consists of three factories: Kaigan, Yamatte, and Rinkai Works. Yamatte Works, the oldest of the three factories, was founded in 1910 by Namihei Odaira as an electrical equipment repair and manufacturing facility. This facility was named Hitachi, and is regarded as the ancestral home of Hitachi, Ltd.
Many management trainees intern at Hitachi Works before being permanently assigned to other Hitachi divisions. Senior management personnel are often participants in rotations at Hitachi Works for a few years as their career develops towards eventual head office stature. As a result, many of the senior managers of Hitachi Ltd have passed through Hitachi Works.
Spin-off entities from Hitachi Works include Hitachi Cable (1956) and Hitachi Canadian Industries (1988).
In 2007, Hitachi won the Investment in People Award, Asia Pacific Entrepreneurship Awards from Enterprise Asia, a regional NGO based in Kuala Lumpur, Malaysia for their continued efforts in building human talents.


In November 2006, Hitachi announced a new corporate strategy to promote collaborative creation and profits. The strategy focuses on a market-oriented approach with profit creation as the basic policy. The aim is to establish a structure that consistently generates profits. The company has taken few initiatives such as the implementation of fully FIV (Future Inspiration Value) based management.
Scope of this report
Contains corporate strategy, value chain presence and SWOT Analysis
Provides detailed business description, segment analysis, 5-year financial trends, key products and key competitors
Includes information on suppliers/ partners, shareholding structure and key employees with biographies
Research and analysis highlights
Hitachi and the Hitachi Group are part of a corporate group of 1,100 companies, including 450 consolidated subsidiaries and 79 affiliated companies in Japan, and 484 subsidiaries and 86 affiliated companies outside Japan.
The company has a diversified product mix ranging from electricity generation systems to consumer products and electronic devices.Hitachi’s widespread customer base in domestic and overseas markets encompasses large industrial companies, financial institutions, utilities, governments and individual customers.
The Hitachi Group promotes innovation with an emphasis on profitability as one of its basic strategies.To increase the efficiency of group management the company is engaged in implementing a specific plan to reduce the number of consolidated subsidiaries to 700 by restructuring its businesses.
Key reasons to read this report
Access all the important information and analysis on the company in a single report
Understand company’s strengths, weaknesses, opportunities and threats along with business strategy and value chain
Gain access to company’s adjusted five year financial data along with key ratios and market capitalization.

For Business

Hitachi Ltd. introduce wide array of IT and security products, digital devices and parts, and power and industrial services.

Information Technology

Hitachi responds to business needs with high added-value solutions and our collective group strength.
Our goal is an enriched society with ubiquitous information. Hitachi contributes to the development of information lifelines by offering reliable, high-performance advanced platform technologies and solutions.

Security

Hitachi is ensuring a sense of security and safety in wide range of fields from Information System Security to Physical Security.