In the fiscal year 2023, Hitachi generated the majority of its revenue, roughly 39 percent, in Japan, amounting to approximately 3.77 trillion Japanese yen. This was considerably more than the earnings recorded in the rest of Asia, the company's next largest market. In Asia, North America, and Europe, the company earned respectively revenue of around 2.15 trillion, 1.58 trillion, and 1.55 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 continues to create opportunities, employing an impressive amount of people worldwide.
Global performance of Hitachi
The global operations of Hitachi have continuously improved, resulting in recent years' positive financial performance. In fiscal 2023, Hitachi generated revenue of roughly 9.73 trillion Japanese yen, complemented by a net income of around 626.7 billion yen in the same period.
Revenue of Hitachi, Ltd. in fiscal year 2023, by region
(in trillion Japanese yen)
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Hitachi. (April 26, 2024). Revenue of Hitachi, Ltd. in fiscal year 2023, by region (in trillion Japanese yen) [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/317735/revenue-of-hitachi-by-region/
Hitachi. "Revenue of Hitachi, Ltd. in fiscal year 2023, by region (in trillion Japanese yen)." Chart. April 26, 2024. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/317735/revenue-of-hitachi-by-region/
Hitachi. (2024). Revenue of Hitachi, Ltd. in fiscal year 2023, by region (in trillion Japanese yen). Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/317735/revenue-of-hitachi-by-region/
Hitachi. "Revenue of Hitachi, Ltd. in Fiscal Year 2023, by Region (in Trillion Japanese Yen)." Statista, Statista Inc., 26 Apr 2024, https://www.statista.com/statistics/317735/revenue-of-hitachi-by-region/
Hitachi, Revenue of Hitachi, Ltd. in fiscal year 2023, by region (in trillion Japanese yen) Statista, https://www.statista.com/statistics/317735/revenue-of-hitachi-by-region/ (last visited November 09, 2024)
Revenue of Hitachi, Ltd. in fiscal year 2023, by region (in trillion Japanese yen) [Graph], Hitachi, April 26, 2024. [Online]. Available: https://www.statista.com/statistics/317735/revenue-of-hitachi-by-region/