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26 Hitachi, Ltd. Annual Report 2012
To Our ShareholdersFinancial Highlights
Research and Development/
Intellectual Property
Management Structure
Financial Section/
Corporate Data Segment Information
Automotive Systems
Segment revenues climbed 10% year over year to
¥811.5 billion. The increase was primarily due to an
upturn in global demand for automobiles including
emerging countries.
Segment profi t jumped 56% year over year to ¥37.0
billion due to cost reduction and improvements in capac-
ity utilization as a result of the recovery in demand.
Fiscal 2011 Topics
Automotive equipment subsidiary in Europe acquired
Germany-based HEUCO Automotive GmbH in January
2012 in order to strengthen the automotive aftermarket
business in Europe.
Aiming for the expansion of the automotive equipment sys-
tems business in China, a new company was established
on February 2012 in Guangdong Province, China to engage
in development, design and manufacturing activities.
200
400
600
800
1,000
0
(Billions of yen)
(FY) 09 1110
Revenues
Hitachi Automotive Systems’ and Hitachi Vehicle Energy’s Hybrid System
The companies’ hybrid systems are used to control power effi ciency, contribute to improved fuel effi ciency and lower exhaust gas emissions. These benefi ts are
achieved through the use of motors that deliver high output with reduced size and weight, inverters that enhance the effi ciency of high-output motors and lithium-
ion batteries that utilize the Hitachi Group’s wide range of technologies including electric control, automotive-related batteries, material and component parts tech-
nologies.
The Hitachi Group provides a broad spectrum of hybrid systems that cater to the various needs from small to large passenger cars, commercial vehicles and
buses.
Share of Revenues Overseas Revenue Ratio
42 44
FY2010 FY2011
7 8
FY2010 FY2011
Inverter
Lithium-ion Battery Cells
Motor
Lithium-ion Battery Module
Lithium-ion Battery Module