Investments
28Portfolio Exits
14Partners & Customers
10Service Providers
3About Hitachi
Hitachi (NYSE: HIT) (TSE: 6501) is a global electronics company that offers a wide range of systems, products, and services in market sectors, including information systems, electronic devices, power, and industrial systems, consumer products, materials, and financial services.On January 6th, 2021, Hitachi merged with Keihin, Showa, and Nissin Kogyo and formed Hitachi Astemo.
Hitachi Headquarter Location
1-6-6 Marunouchi, Chiyoda-ku
Tokyo, 100-8280,
Japan
+81-3-3258-1111
Hitachi Web Traffic
Hitachi Rank
Latest Hitachi News
May 25, 2022
Major players in the surgical imaging arms market are GE Healthcare, Hologic Inc, ATON GmbH, Whale Imaging Inc, Siemens Healthcare, Shimadzu Corp, Canon Medical Systems Corporation, Medtronic plc, Ziehm Imaging, and Philips Healthcare. May 25, 2022 04:49 ET Lyon, FRANCE New York, May 25, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Surgical Imaging Arms Global Market Report 2022" - https://www.reportlinker.com/p06280869/?utm_source=GNW The global surgical imaging arms market is expected to grow from $1.15 billion in 2021 to $1.22 billion in 2022 at a compound annual growth rate (CAGR) of 6.0%. The market is expected to grow to $1.6 billion in 2026 at a compound annual growth rate (CAGR) of 7.0%. The surgical imaging arms market consists of sales of surgical imaging arms and related services by entities (organizations, sole traders, and partnerships) that manufacture surgical imaging arms, a vital component used in the field of surgery, especially for performing minimally invasive procedures. The revenue generated by the entities primarily engaged in research, development, manufacturing, and marketing of surgical imaging arms is included in the market. The main types of surgical imaging arms are g-arm surgical imaging devices, c-arm surgical imaging devices, and O-arm surgical imaging devices.The g-arm surgical imaging devices are fluoroscopic X-ray devices that are used for diagnostic imaging and minimally invasive surgical procedures. The various technology involved is image intensifier c-arms and flat-panel detector c-arms.The various application involved are orthopedic and trauma surgeries, neurosurgeries, cardiovascular surgeries, gastrointestinal surgeries, and other applications. The end-users are hospitals and ambulatory surgical centers, and academic research institutes. High demand for mini C-arms devices is expected to boost market growth during the forecast period.Globally, companies are engaged in the development and manufacturing of novel equipment that assists surgeons in carrying out surgical procedures smoothly and efficiently. The rising demand for mini C-arms devices can be attributed to features, such as its miniaturized size, easy adaptability in the operation theatre, and lower price than other types of C-arms. For instance, In September 2019, OrthoScan Inc. launched TAU 2020 Mini C-arm which introduces the largest screen on the mini C-arm. Minimally invasive tests or surgeries incur low costs and save between $280 million and $340 million in the USA alone by opting for it. With this, the doses can be saved by minimizing shots to enhance work efficiency. Thus, the rising demand for mini C-arms combined with its easy-to-use features is expected to drive market growth. The high cost of surgical imaging arms is anticipated to hamper market growth during the forecast period.Recently, the prices of surgical arms are increasing owing to constant research and development to introduce new features in the devices. The price of C-arm imaging devices ranges from $25,000 to greater than $70,000.The advanced C-arms such as Siemens Cios Fusion of Siemens Healthcare and OEC 9900 of GE Healthcare range between $1,50,000 and $2,00,000. The average refurbished mini C-arm price ranges between $19,000 and $50,000. Health care settings face challenges with the high costs of these devices that are predicted to hinder the market growth. Integration of technology for real-time visualization during surgeries is gaining significant popularity in the surgical imaging arms market.With the increasing number of patients requiring surgeries, the scope and complexity of surgical interventions such as image-guided minimally invasive surgery continue to surge. In January 2020, Philips announced major innovations in its Zenition mobile C-arm platform.With the new user interface, the clinician will be able to operate C-arm inside the sterile field, reducing the communication burden with the operator and making it more intuitive to control the system. Moreover, the platform is extended to integrate intravascular ultrasound (IVUS) for peripheral vascular procedures for improving workflow and streamlining the operating room. In 2019, FUJIFILM Corporation, Japan-based multinational photography, medical equipment, and biotechnology company that leverages its imaging and information technology for innovation in healthcare, graphic arts, optical devices, highly functional materials, and other high-tech areas, planned to acquire Hitachi’s diagnostic imaging-related business for approximately $1.63 billion (JPY 179 Billion). Fujifilm will further expand its Medical Systems business by applying its proprietary image processing and AI technologies to Hitachi’s extensive product portfolio. Hitachi, Ltd., is a Japan-based multinational conglomerate company that provides solutions using a diagnostics imaging system, IT, and electronic health record. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the surgical imaging arms market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.
Hitachi Investments
28 Investments
Hitachi has made 28 investments. Their latest investment was in NeU as part of their Unattributed VC on February 2, 2022.
Hitachi Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
2/14/2022 | Unattributed VC | NeU | Yes | 2 | ||
2/20/2020 | Corporate Minority | Informetis | $7.17M | Yes | 1 | |
12/25/2018 | Corporate Minority - IV | Digital Grid | Yes | 3 | ||
10/29/2018 | Corporate Minority - P2P | |||||
3/8/2018 | Series B |
Date | 2/14/2022 | 2/20/2020 | 12/25/2018 | 10/29/2018 | 3/8/2018 |
---|---|---|---|---|---|
Round | Unattributed VC | Corporate Minority | Corporate Minority - IV | Corporate Minority - P2P | Series B |
Company | NeU | Informetis | Digital Grid | ||
Amount | $7.17M | ||||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 2 | 1 | 3 |
Hitachi Portfolio Exits
14 Portfolio Exits
Hitachi has 14 portfolio exits. Their latest portfolio exit was Hitachi Compressor on December 25, 2020.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
12/25/2020 | Divestiture | 1 | |||
12/23/2020 | IPO | ||||
12/17/2020 | Divestiture | 1 | |||
Date | 12/25/2020 | 12/23/2020 | 12/17/2020 | ||
---|---|---|---|---|---|
Exit | Divestiture | IPO | Divestiture | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 | 1 |
Hitachi Acquisitions
27 Acquisitions
Hitachi acquired 27 companies. Their latest acquisition was Yungtay on September 28, 2021.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
9/28/2021 | Acq - Pending | 3 | ||||
8/4/2021 | Acquired Unit | 2 | ||||
8/4/2021 | Acquired Unit | 1 | ||||
4/12/2021 | Series E+ | |||||
3/31/2021 | Other |
Date | 9/28/2021 | 8/4/2021 | 8/4/2021 | 4/12/2021 | 3/31/2021 |
---|---|---|---|---|---|
Investment Stage | Series E+ | Other | |||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acq - Pending | Acquired Unit | Acquired Unit | ||
Sources | 3 | 2 | 1 |
Hitachi Partners & Customers
10 Partners and customers
Hitachi has 10 strategic partners and customers. Hitachi recently partnered with SAP on April 4, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
4/4/2022 | Vendor | Germany | How Hitachi Is Making The Decarbonization Of Society A Reality `` Hitachi Ltd. 's long-standing partnership with SAP continues to advance our sustainability efforts and sets us up today to be a profitable and sustainable business tomorrow . '' | 1 | |
3/28/2022 | Partner | United States | Hitachi has collaborated with the University of Utah Health and the non-profit health informatics research organisation Regenstrief Institute to develop and test a new AI method that supports care for patients with type 2 diabetes who require complex drug treatment . | 1 | |
1/20/2022 | Partner | United States | DGAP-News: Shekel Technology Drives its First US Autonomous Store The partnership with Hitachi and UST , each a leader in its field , enables us to offer a holistic and complete product , with an attractive return on investment model that allows , for the first time , a profitable rollout of autonomous store networks . '' | 1 | |
11/22/2021 | Client | ||||
11/10/2021 | Partner |
Date | 4/4/2022 | 3/28/2022 | 1/20/2022 | 11/22/2021 | 11/10/2021 |
---|---|---|---|---|---|
Type | Vendor | Partner | Partner | Client | Partner |
Business Partner | |||||
Country | Germany | United States | United States | ||
News Snippet | How Hitachi Is Making The Decarbonization Of Society A Reality `` Hitachi Ltd. 's long-standing partnership with SAP continues to advance our sustainability efforts and sets us up today to be a profitable and sustainable business tomorrow . '' | Hitachi has collaborated with the University of Utah Health and the non-profit health informatics research organisation Regenstrief Institute to develop and test a new AI method that supports care for patients with type 2 diabetes who require complex drug treatment . | DGAP-News: Shekel Technology Drives its First US Autonomous Store The partnership with Hitachi and UST , each a leader in its field , enables us to offer a holistic and complete product , with an attractive return on investment model that allows , for the first time , a profitable rollout of autonomous store networks . '' | ||
Sources | 1 | 1 | 1 |
Hitachi Service Providers
4 Service Providers
Hitachi has 4 service provider relationships
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Acquired | Investment Bank | Financial Advisor | |
Service Provider | |||
---|---|---|---|
Associated Rounds | Acquired | ||
Provider Type | Investment Bank | ||
Service Type | Financial Advisor |
Partnership data by VentureSource
Hitachi Team
14 Team Members
Hitachi has 14 team members, including current Chief Executive Officer, Senior Vice President, Toshiaki Tokunaga.
Name | Work History | Title | Status |
---|---|---|---|
Toshiaki Tokunaga | Chief Executive Officer, Senior Vice President | Current | |
Michael Guido | Woodward, Integra LifeSciences, Danaher, Stanley Black & Decker, GE Appliances, and General Electric | Chief Financial Officer | Current |
Takao Iwayanagi | Chief Technology Officer | Current | |
Toshikazu Nishino | Executive Vice President | Current | |
Masateru Hayashihara | Senior Vice President | Current |
Name | Toshiaki Tokunaga | Michael Guido | Takao Iwayanagi | Toshikazu Nishino | Masateru Hayashihara |
---|---|---|---|---|---|
Work History | Woodward, Integra LifeSciences, Danaher, Stanley Black & Decker, GE Appliances, and General Electric | ||||
Title | Chief Executive Officer, Senior Vice President | Chief Financial Officer | Chief Technology Officer | Executive Vice President | Senior Vice President |
Status | Current | Current | Current | Current | Current |
You May Also Like
MegaChips Corporation (1st section of the TSE (Tokyo Stock Exchange): 6875) was established in 1990 as an innovative fabless company dedicated to ASICs and system LSIs with the goal of integrating LSIs and systems knowledge and solutions. Its focus is on the development of cutting-edge system LSIs and systems products incorporating original algorithms and architecture in the areas of imaging, audio, and telecommunications.

Toshiba (TYO: 6502) is a diversified manufacturer and marketer of advanced electronic and electrical products, spanning information & communications equipment and systems, Internet-based solutions and services, electronic components and materials, power systems, industrial and social infrastructure systems, and household appliances.

Tokyo Electron (TEL) (東京エレクトロン) (TYO: 8035) is a Japanese electronics and semiconductor company.

Renesas Electronics (ルネサス エレクトロニクス) (TSE: 6723) is a supplier of advanced semiconductor solutions including microcontrollers, SoC solutions and a broad range of analog and power devices. Business operations began as Renesas Electronics in April 2010 through the integration of NEC Electronics Corporation (TSE:6723) and Renesas Technology Corp., with operations spanning research, development, design and manufacturing for a wide range of applications. Headquartered in Japan, Renesas Electronics has subsidiaries in 20 countries worldwide.
Techpoint (Tokyo Stock Exchange: M-6697) is a privately held fabless semiconductor company developing high definition video connectivity technology targeting high definition video surveillance systems and broadcast video systems. Techpoint aims to address the growing needs of the next generation high definition video markets. With design centers at multiple US locations, as well as offices in China, Korea, and Japan, Techpoint has achieved cutting edge technology in our target markets. This has enabled the comapny to quickly establish strong market shares in the HD video surveillance space. The firm is based in Sunnyvale, California.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.