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Company History

Hitachi History: Founding, Growth & Key Milestones

Founded 1910 in Hitachi, Japan

When was Hitachi founded?

Hitachi was founded in 1910 in Hitachi, Japan by Namihei Odaira, making it 116 years old.

Founded
1910
Founding place
Hitachi, Japan
Founders
Namihei Odaira
Headquarters today
Tokyo, Japan
Milestones documented
11 (1910–2026)
Current CEO
Toshiaki Tokunaga
Acquisitions
3
YearEvent
1910Founding and First Induction Motor
1932Expansion into Railway Technology
1959Entry into Computing and Electronics
2009Record Annual Loss
2016Toshiaki Higashihara becomes CEO
2020Acquisition of ABB's Power Grids Business
2021Acquisition of GlobalLogic
2022Hitachi Construction Machinery Stake Sale
2024Acquired Thales Ground Transportation Systems
2025Toshiaki Tokunaga Becomes CEO
2026Record Results and Home Appliance Sale
Where was Hitachi founded?
Hitachi was founded in Hitachi, Japan in 1910. wikidata.org
Who founded Hitachi?
Hitachi was founded by Namihei Odaira.
When did Hitachi start?
Hitachi was founded in 1910.
How old is Hitachi?
Hitachi is 116 years old as of 2026.

Founding Story

In 1910 Namihei Odaira, an electrical engineer at the Kuhara Mining copper mine in Hitachi, Ibaraki, built a 5-horsepower induction motor in the mine's repair shop. Japanese industry then relied on imported Western machinery, and Odaira wanted domestic engineers to build their own. That motor is treated as Hitachi's founding product. The business separated from the mining company in 1920 as Hitachi, Ltd.

Founders

Namihei Odaira

Hitachi possesses a historic, foundational founding story, rooted in the industrialization of early 20th-century Japan and driven by a nationalist obsession with technological independence. The company was founded in 1910 by Namihei Odaira, an effective, intensely patriotic electrical engineer. At the time Japan was rapidly modernizing and desperately building copper mines to fuel its electrical grid (Odaira worked at the Kuhara Mining Company in Hitachi City). However, a structural problem existed: virtually all advanced electrical equipment (like motors and generators) had to be imported from Western companies (like General Electric or Siemens). If a motor broke in a Japanese mine, production halted for months waiting for European replacement parts. Odaira found this reliance on foreign technology unacceptable for a sovereign nation. He secretly formed a small team of engineers inside the mining company to reverse-engineer and build their own electrical equipment. In 1910, his breakthrough occurred: he designed and manufactured Japan's very first five-horsepower electric induction motor. His foundational philosophy was entirely built on 'Wa' (harmony) and a commitment to independent, domestic R&D. He officially founded Hitachi (which translates to 'sunrise') as an independent company in 1920 to scale the production of heavy electrical machinery. Driven by demand from the Japanese government and military, Hitachi expanded into locomotives, power plants, and eventually supercomputers. By proving that Japan could design and manufacture the complex industrial foundation of a modern nation, Odaira built a powerful, revered corporate empire. Namihei Odaira was born in 1874 in Ienaka. Education: University of Tokyo.

Key Milestones

1910

Founding and First Induction Motor

Namihei Odaira establishes the machinery repair shop that becomes Hitachi, and develops Japan's first 5-horsepower induction motor, establishing the foundation for the company's dominance in electrical engineering.

Source: en.wikipedia.org
1932

Expansion into Railway Technology

Hitachi begins manufacturing electric locomotives and rail signaling systems, establishing a deep, institutionalized relationship with the Japanese national railway network that would evolve into the modern Hitachi Rail division.

Source: en.wikipedia.org
1959

Entry into Computing and Electronics

Hitachi develops its first electronic computer, the HITAC, marking the company's strategic entry into the information technology sector and laying the groundwork for its future digital systems business.

Source: en.wikipedia.org
2009

Record Annual Loss

Hitachi reported a net loss of about 787 billion yen for the year to March 2009, then the largest by a Japanese manufacturer.

Source: en.wikipedia.org
2016

Toshiaki Higashihara becomes CEO

Toshiaki Higashihara became CEO of Hitachi in 2016. Shifted Hitachi from a sprawling conglomerate toward infrastructure and digital businesses.

Source: en.wikipedia.org
2020

Acquisition of ABB's Power Grids Business

Hitachi executes the $11 billion acquisition of ABB's Power Grids business, renaming it Hitachi Energy and instantly establishing the company as the global leader in HVDC transmission and grid infrastructure.

Source: en.wikipedia.org
2021

Acquisition of GlobalLogic

The company acquires the global digital engineering firm GlobalLogic for $9.6 billion, instantly establishing Hitachi as a top-tier provider of advanced software and product design services for the automotive and telecommunications sectors.

Source: en.wikipedia.org
2022

Hitachi Construction Machinery Stake Sale

Hitachi sold a controlling stake in Hitachi Construction Machinery to Itochu and Japan Industrial Partners, part of its exit from cyclical listed subsidiaries.

Source: en.wikipedia.org
2024

Acquired Thales Ground Transportation Systems

Hitachi acquired Thales Ground Transportation Systems. Hitachi Rail completed its ~$1.88 billion (EUR 1.66 billion) acquisition of Thales's Ground Transportation Systems business, its rail signalling division, expanding Hitachi Rail to 51 countries and shifting most of its revenue to higher-return signalling and systems.

Source: hitachi.com
2025

Toshiaki Tokunaga Becomes CEO

Toshiaki Tokunaga became President and CEO on April 1, 2025, succeeding Keiji Kojima, who became Executive Chairman.

Source: en.wikipedia.org
2026

Record Results and Home Appliance Sale

Hitachi reported record FY2025 profit in April 2026 and agreed to sell 80.1% of its home appliance business to Nojima for about $737 million (¥110 billion).

Source: hitachi.com

Major Acquisitions

ABB Power Grids

2020

Hitachi bought 80.1% of ABB's Power Grids business in July 2020 (deal valuing the whole unit at about $11 billion) and the remaining 19.9% in 2022, to build a global grid equipment and HVDC business.

GlobalLogic

2021

Hitachi acquired US digital engineering firm GlobalLogic in July 2021 for about $9.6 billion to add software engineering talent and expand Lumada outside Japan.

Thales Ground Transportation Systems

2024

Hitachi Rail completed its ~$1.88 billion (EUR 1.66 billion) acquisition of Thales's Ground Transportation Systems business, its rail signalling division, expanding Hitachi Rail to 51 countries and shifting most of its revenue to higher-return signalling and systems.

Keep researching Hitachi

Hitachi Company History FAQ

What are the major historical eras in the 110+ year journey of Hitachi, Ltd.?

Hitachi's history runs from Namihei Odaira's 1910 induction motor in Ibaraki, through prewar expansion into turbines and locomotives, postwar growth in computers and electronics, the record fiscal 2008 loss and the Kawamura-Nakanishi turnaround, to the Social Innovation era of Hitachi Energy, GlobalLogic, and Lumada under Higashihara, Kojima, and current CEO Toshiaki Tokunaga.

What was the landmark invention of the electron holography microscope by Dr. Akira Tonomura at Hitachi?

In the 1980s, well-known Hitachi Fellow Dr. Akira Tonomura used a transmission electron microscope with electron holography to directly observe the Aharonov-Bohm effect and visualize magnetic magnetic flux quanta (vortices) in superconductors, earning international physics acclaim.

How did the launch of the Lumada digital platform in 2016 redefine Hitachi's corporate identity?

In May 2016, Hitachi launched Lumada (derived from 'illuminate data'), unifying its industrial IoT, artificial intelligence, and analytics software to help global clients solve complex operational challenges across smart manufacturing, smart grids, and smart cities.

What was the significance of the British Intercity Express Programme (IEP) for Hitachi Rail?

In 2012, Hitachi won the landmark ~$7.52 billion (£5.7 billion) contract to manufacture and maintain the British Intercity Express Programme fleet (Class 800 bi-mode trains), constructing a state-of-the-art rolling stock assembly plant in Newton Aycliffe, County Durham, UK.

What is Hitachi's ultimate corporate mission for the future of society?

Hitachi's foundational mission remains: 'Contribute to society through the development of superior, original technology and products', striving to improve people's quality of life and create a sustainable, prosperous society through Social Innovation Business.

How did Hitachi start?

Hitachi was founded in 1910 by Namihei Odaira, an electrical engineer in Ibaraki Prefecture, Japan. Originally, it was just a small, in-house repair shop for a copper mining company. Odaira brilliantly built Japan's first indigenous 5-horsepower electric motor, proving Japan didn't need to rely on Western imports, sparking a massive industrial empire.

Related Strategic History

Compare founding milestones and corporate evolution

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.