|
Company Name
|
Hitachi Cable, Ltd.
|
|
Headquarters:
|
Akihabara UDX, 14-1 Sotokanda 4-chome, Chiyoda-ku, Tokyo 101-8971, Japan
|
|
Homepage:
|
http://www.hitachi-cable.co.jp/
|
|
Business
Segment :
|
-The Company is operating in five business sectors, which are: (1) Electronic & Automotive Products; (2) Information Systems; (3) Semiconductor Materials & Packaging; (4) Metal Materials & Component Products; and (5) Sales Companies. The Electronic & Automotive Products Business manufactures and sells cables for commercial use and electric power-generation; automotive parts; fiber-optic communications wires; electric wires for devices and instruments; parts used for wiring; and coils.
-Developing the electric generator harness and copper plating for the lithium-ion battery used in hybrid electric vehicles (HEV) and electric vehicles (EV).
-The Company merged the power company electrical wire business with Sumitomo Electric Industries.
|
|
Products:
|
High Performance Materials & Components
Clad materials for joining dissimilar metals
Clad materials for heat exchangers
Crosslinked PTFE (a new fluoro-polymer material)
Lead frames for onboard-vehicle semiconductor packages
Copper alloy strips for connectors
Compound semiconductors (GaAs)
Plastic optical fibers
Cable & Wireless Components
Multi-band antennas
Shielded flexible flat cables (FFCs) for automotive use
Multi frame joiners (MFJ)
Eco-friendly & Hybrid Electric Vehicle Components
Hybrid System
High capacity power cable harnesses
Power cable harnesses for air conditioner electric compressors
Polyamide-imide enameled, small-sized rectangular wires (AIW)
Magnet wires
Wiring components for the insides of electric motors (BUSRING)
Copper strips for mold commutators
Power distribution boards (PDBs)
Inverter bus bars
Dual gauge copper strips for power devices
Copper strips with fins used to water-cool power devices
Rolled copper foil & nickel-plated copper strips for lithium ion batteries
Oxygen free copper sheets for large current substrates
Safety & Drive-Control Components
Active ABS wheel-speed sensors
ABS cables
Pressure sensors for jam prevention
Torque sensor coils
Hose products
-Brake hoses for four-wheel vehicles
-Vacuum brake hoses
-Hybrid brake hoses
-Stainless steel braided flexible hoses
-Hydraulic power steering hoses
Electric mechanical brake harnesses
|
|
Customers:
|
Nissan, UD Trucks, Isuzu, Mitsubishi Motors, Fuji Heavy Industries, Honda, Mazda, GM
Major Supply Agreements
|
Products
|
Maker
|
Model
|
Model year
|
|
HEV wiring harness
|
Toyota
|
Lexus CT
|
2011
|
|
HEV wiring harness
|
Toyota
|
Estima Hybrid
|
2011
|
|
HEV wiring harness
|
Toyota
|
SAI
|
2011
|
|
HEV wiring harness
|
Toyota
|
N/A
|
2011
|
|
Power steering hose
|
Nissan
|
Murano
|
2010
|
|
Power steering hose
|
Nissan
|
X-Trail
|
2010
|
|
Power steering hose
|
Nissan
|
Caravan
|
2010
|
|
Brake hose
|
Honda
|
Accord
|
2010
|
|
Brake hose
|
Honda
|
Odyssey
|
2010
|
|
Brake hose
|
Honda
|
Step WGN
|
2010
|
|
Brake hose
|
Honda
|
Stream
|
2010
|
|
Brake hose
|
Honda
|
Civic Hybrid
|
2010
|
|
Brake hose
|
Honda
|
Life
|
2010
|
|
Brake hose
|
Honda
|
Vamos
|
2010
|
|
Brake hose
|
Honda
|
Acty Van
|
2010
|
|
Brake hose
|
Honda
|
Vamos Hobio
|
2010
|
|
Brake hose
|
Honda
|
Accord Tourer
|
2010
|
|
Brake hose
|
Honda
|
Acty Truck
|
2010
|
|
Brake hose
|
Honda
|
Inspire
|
2010
|
|
Brake hose
|
Honda
|
Zest
|
2010
|
|
Brake hose
|
Mazda
|
RX-8
|
2010
|
|
Brake hose
|
Mazda
|
Roadster
|
2010
|
|
Brake hose
|
Mazda
|
Atenza
|
2010
|
|
Brake hose
|
Mazda
|
Demio
|
2010
|
|
Brake hose
|
Mazda
|
CX-9
|
2010
|
|
Brake hose
|
Mazda
|
CX-7
|
2010
|
|
Brake hose
|
Mazda
|
MPV
|
2010
|
|
Brake hose
|
Mazda
|
Atenza Sport
|
2010
|
|
Brake hose
|
Mazda
|
Atenza Sport Wagon
|
2010
|
|
Brake hose
|
Nissan
|
Infiniti FX
|
2010
|
|
|
Number of Employees:
|
16,064 employees (As of Mar. 31, 2011)
|
|
Shareholders :
|
|
Company Name
|
Investment ratio (%)
|
|
Hitachi, Ltd.
|
51.40
|
|
The Master Trust Bank of Japan, Ltd. (Trust account)
|
3.29
|
|
Tam 2
|
2.34
|
|
Japan Trustee Services Bank, Ltd. (Trust account)
|
2.34
|
|
Trust & Custody Services Bank, Ltd. (Pension Trust account)
|
1.53
|
|
Japan Trustee Services Bank, Ltd. (Trust account 9)
|
1.52
|
|
Nippon Life Insurance Co.
|
1.48
|
|
Employee Stockholdings
|
0.79
|
|
The Dai-ichi Life Insurance Company, Limited
|
0.70
|
|
Meiji Yusuda Life Insurance Company
|
0.53
|
|
Total
|
65.91
|
|
|
Board Member :
|
Hideaki Takahashi (President and CEO)
|
|
Business Highlights :
|
Recent Developments Outside Japan
The Company announced that it will merge Hitachi Cable Indiana, Inc. and Hitachi Cable Florida, Inc., its consolidated subsidiaries in North America, effective January 1, 2011. At the same time, the Group will establish Hitachi Cable Automotive Products USA, Inc. based on Hitachi Cable Indiana, which is the surviving company from the merger. The consolidation is part of the company's reorganization plans to streamline its auto parts business in North America. Hitachi Cable will thereby integrate its sales and production operations in the region into two companies: one each in the U.S.A. and Mexico. With this move, it aims to generate synergies such as cost reductions in materials procurement and business management, as well as improved efficiency in technology development and marketing activities. Hitachi Cable Automotive Products USA will have a workforce of some 500. Sales are expected to reach 138 million dollars (approximately 11.7 billion yen) in the year ending in March 2012. (From an article in the Nikkan Jidosha Shimbun on November. 25, 2010)
R&D
|
R&D Expenditure
|
(in millions of JPY)
|
|
|
FY2010
|
FY2009
|
FY2008
|
|
Group
|
9,034
|
9,612
|
11,078
|
|
Electronic & Automotive Products
|
2,632
|
-
|
-
|
|
Wires and cables
|
-
|
1,404
|
1,500
|
|
Supplicated materials
|
-
|
3,282
|
4,292
|
R&D Structure
-The Company conducts its R&D activities at its technical headquarters (technical center) and at the development departments in its business headquarters.
-Maintains close cooperation and collaboration with R&D centers in the Hitachi Group, of course including Hitachi itself. On occasion, it conducts joint research with R&D centers operated by its customers and the government.
R&D Activities
Electronic & Automotive Products Division
In order to meet the need for home-use battery-charging for EVs, and expand the infrastructure of battery-charging equipment, the Company developed wall-mounted battery-chargers for electric vehicles, launching sales of these in the summer of 2011. These devices are vastly superior in terms of safety and handling. The battery-charging devices, which are compliant with SAE J1772 international standards, consist of a charging gun, charging cable, and a Charge Circuit Interrupt Device (CCID).
A majority of next-generation vehicles use Permanent Magnet Synchronous Motors as the drive motors, which are controlled by inverters. The Company Group has developed ultra-heat-resistant, self-lubricating enamel wires, making it possible for motors to be built smaller, fulfill their original use, and still be highly powerful. Nowadays, in order to meet the need for further improving the reliability of motors in terms of making them smaller in size but more powerful, the Company developed its KMKED22A, an enamel wire with anti-inverter-surge properties, raising expectations for higher porosity in special flat wires. The company put this new wire to commercial use, which became the world’s first anti-inverter-surge polyamide-imide enamel wire.
The Company announced that it has developed a copper material for versatile use that has properties equivalent to copper with high purity. The supplier of copper products has succeeded in drawing out latent excellent properties from the lubber material by adding traces of titan to eliminate impurities. The new copper material called “HiFC” can be manufactured by an economical, continuous rolling process, leading to higher performance and lower cost. Hitachi Cable expects it will be used for electric cables and wires widely in the areas of information and communications services. (From an article in the Nikkan Jidosha Shimbun on January 24, 2011)
|
|
Affiliates
Companies :
|
|
Company
|
Location
|
Operation
|
Equity ratio
(%)
|
|
Consolidated Subsidiaries
|
|
Tonichi Kyosan Cable, Ltd
|
Ibaraki Pref.,
Japan
|
Manufacturing, assembly, processing and sales of electric wires, cables and optical fiber cables
|
100.0
|
|
Hitachi Alloy Ltd.
|
Tokyo,
Japan
|
Manufacturing and sales of copper and copper alloy products
|
100.0
|
|
Hitachi Cable Precision Co., Ltd.
|
Yamagata Pref.,
Japan
|
Manufacturing and sales of lead frames
|
100.0
|
|
Hitachi Cable Fine Tec, Ltd.
|
Ibaraki Pref.,
Japan
|
Manufacturing and sales of electric wires and electric wire processing components
|
100.0
|
|
Hitachi Cable Logi-Tech, Ltd.
|
Ibaraki Pref.,
Japan
|
Manufacturing and sales of electric wire and cable frames
Logistics operations
|
100.0
|
|
Hitachi Magnet Wire Co., Ltd
|
Ibaraki Pref.,
Japan
|
Manufacturing and sales of winding wires
|
100.0
|
|
Hitachi Cable Mectec Ltd.
|
Ibaraki Pref.,
Japan
|
Manufacturing and sales of rubber products, electric wires, and cable equipment
|
100.0
|
|
Tohoku Rubber Co., Ltd.
|
Miyagi Pref.,
Japan
|
Manufacturing and sales of rubber products
|
100.0
|
|
Hitachi Cable America Inc.
|
U.S.A.
|
Sales and business control of electric wire, cables and electronic parts materials in Europe and North America
|
100.0
|
|
Shanghai Hitachi Cable Co., Ltd.
|
China
|
Manufacturing and sales of winding wires and wired components
|
100.0
|
|
Hitachi Cable (Suzhou) Co., Ltd.
|
China
|
Manufacturing and sales of wires for electric equipment, processed wires and wired components
|
100.0
|
|
Hitachi Cable Automotive Products USA, Inc.
|
U.S.A.
|
Manufacturing and sales of automotive brake hoses, power-steering hoses, and metal fittings for hoses
|
100.0
|
|
Hitachi Cable (Johor) Sdn. Bhd.
|
Malaysia
|
Manufacturing of winding wires and wired components
|
100.0
|
|
Giga Epitaxy Technology Corporation
|
China
(Taiwan)
|
Manufacturing and sales of semiconductor material
|
67.2
|
|
AHCL (Thailand) Co., Ltd.
|
Thailand
|
Manufacturing and sales of automotive parts
|
100.0
|
|
Hitachi Cable (Singapore) Pte. Ltd.
|
Singapore
|
Manufacturing and sales of wiring materials used in devices and lead frames
|
100.0
|
|
Thai Hitachi Enamel Wire Co., Ltd.
|
Thailand
|
Manufacturing and sales of winding wires
|
49.4
|
|
Hitachi Cable Manchester, Inc.
|
U.S.A.
|
Manufacturing and sales of electric wires and cables
|
100.0
|
|
Hitachi Cable (China) Trading Co., Ltd.
|
China
|
Sales and business control of electric wires and cables, copper and copper alloy products, electronic parts materials and automotive parts in China.
|
100.0
|
|
Hitachi Cable Asia Ltd.
|
China
(Hong Kong)
|
Sales of electric wires, cables, electronic parts, brass and copper parts
|
100.0
|
|
Hitachi Cable Asia Pacific (HCAP) Pte. Ltd.
|
Singapore
|
Sales and business control of winding wires, wiring materials used in devices, electric wires and cables, rubber products, semiconductor materials, lead frames, information network products, and copper and copper-alloy products in Asia
|
100.0
|
|
Hitachi Cable Europe Ltd.
|
U.K.
|
Sales of electric wires, cables, and brass and copper parts; headquarters of European operations
|
100.0
|
|
Affiliates under equity method application
|
|
Shanghai Sunshine Copper Products, Co., Ltd.
|
China
|
Manufacturing and sales of copper pipes
|
50.0
|
|
Advanced Cable Systems Corp.
|
Tokyo,
Japan
|
Development, design, manufacturing and sales of optical fiber cables and optical interconnection devices
|
50.0
|
|
Sumiden Hitachi Cable Ltd.
|
Tokyo,
Japan
|
Development, manufacturing, outsourcing and sales of electric wires and cable products
|
50.0
|
|
|
Sales Data:
|
|
Sales by Segment
|
(in millions of JPY)
|
|
|
FY2010
|
FY2009
|
|
Sales
|
Operating income
|
Sales
|
Operating income
|
|
Electronic & Automotive Products
|
344,695
|
1,962
|
281,269
|
(2,268)
|
|
Information Systems
|
43,109
|
563
|
48,596
|
1,482
|
|
Semiconductor Materials & Packaging
|
30,190
|
(2,808)
|
39,368
|
(3,009)
|
|
Metal Materials & Component Products
|
98,692
|
(168)
|
79,116
|
(762)
|
|
Sales Companies
|
166,951
|
1,857
|
134,497
|
944
|
|
Adjusted amounts
|
(264,358)
|
(618)
|
(210,396)
|
(2,770)
|
|
Consolidated
|
419,279
|
788
|
372,450
|
(6,381)
|
|
|
Financial Status :
|
|
Financial Overview
|
(in millions of JPY)
|
|
|
FY2010
(ended
Mar. 2011)
|
FY2009
|
Rate of
Change (%)
|
Factors
|
|
Overall
|
|
Sales
|
419,279
|
372,450
|
12.6
|
-
|
|
Operating income
|
788
|
(6,381)
|
-
|
-
|
|
Ordinary income
|
(1,765)
|
(4,939)
|
-
|
-
|
|
Net income
|
(12,993)
|
(9,110)
|
-
|
-
|
|
Electronic & Automotive Products
|
|
Sales
|
344,695
|
281,269
|
22.5
|
Sales of automotive parts significantly grew year-on-year. During the third quarter, sales in Japan decreased slightly due to eco-car sales incentives coming to an end. However, during the fourth quarter, demand came back, even though the Great East Japan Earthquake had a negative impact on auto production. In addition to this, performance at subsidiaries outside Japan was favorable throughout the entire year.
|
|
Operating income
|
1,962
|
(2,266)
|
-
|
-
|
|
|
|
|
|
Source :
|
http://www.hitachi-cable.co.jp/
|
