In fiscal year 2022, Hitachi plans to generate most of its revenue in Japan, about 38 percent, about 4.12 trillion Japanese yen. This was more than double the earnings recorded in the company’s next largest market, North America. In North America, China and Europe, the company earned revenue of approximately 1.88 trillion, 1.35 trillion and 1.54 trillion yen, respectively.
Background and current development of Hitachi
Established in 1910, Hitachi Ltd. is a Japanese multinational conglomerate that provides a range of products and services for businesses such as IT, energy, industry, smart living and automotive systems. The company has successfully expanded its operations globally establishing itself in several countries. Meanwhile, Hitachi continues to create opportunities, hiring more than 300,000 employees worldwide.
global exposure of hitachi
Hitachi’s global operations have steadily improved, resulting in positive financial performance in recent years. In fiscal 2022, Hitachi projects revenue of roughly 10.9 trillion Japanese yen, complemented by net income of roughly 703.8 billion yen over the same period.
