Hitachi's revenue FY 2022, by region

In the fiscal year 2022, Hitachi generated the majority of its revenue, roughly 38 percent, in Japan, amounting to approximately 4.12 trillion Japanese yen. This was more than twice as much as the earnings recorded in North America, the company's next largest market. In North America, China, and Europe, the company earned respectively revenue of around 1.88 trillion, 1.35 trillion, and 1.54 trillion yen.

Background and current developments of Hitachi

Founded in 1910, Hitachi Limited is a Japanese multinational conglomerate that offers a range of products and services for businesses like IT, energy, industry, smart life, and automotive systems. The company has expanded its operations successfully on a global scale, establishing itself in numerous countries. Meanwhile, Hitachi continued to create opportunities, hiring more than 300,000 employees worldwide.

Global performance of Hitachi

The global operations of Hitachi have continuously improved, resulting in recent years' positive financial performance. In fiscal 2022, Hitachi generated revenue of roughly 10.9 trillion Japanese yen, complemented by a net income of around 703.8 billion yen in the same period.