Hitachi Ltd. engages in the manufacture of electronic and electrical equipment. It operates through the following segments: Information and Telecommunication Systems; Power Systems; Social Infrastructure Transportation and Industrial Systems; Electronic Systems and Equipment; Construction Machinery; High Functional Materials and Components; Automotive Systems; Digital Media and Consumer Products; and Financial Services.

Hitachi

Conglomerate

Japan

The Conglomerates sector refers to the area of the market occupied by large corporations comprised of diverse and unrelated business units. The rise of the conglomerate model began as ambitious businesses keen to expand were unable to grow in their own sector. Firms began acquiring businesses in unfamiliar sectors and diversifying themselves. Conglomerates may be regarded as dinosaurs in the developed world, but in emerging markets, diversified business groups continue to thrive, namely south east Asia. Investors in the west believe that diversification destroys value. However that is changing. Tech companies, with their abundant cash flows, are becoming a new version of the conglomerate, investing in research & development sometimes far afield of their core competencies. Diversified enterprises, by one name or another, will play a big role in the business world for a long time.

Irvine

United States of America

California

Suginami City

Tokyo

10,001+ Employees

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