Hitachi Medical Device Company Intelligence Report

Publication Date	November 2005
Publisher	Espicom
Product Type	Report
Pages	38
ISBN Number	not applicable
Product Code	ESP00402

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Summary

Hitachi Medical Corporation, headquartered in Tokyo, Japan, is a leading manufacturer of diagnostic imaging systems, including MRI, CT, PET, X-ray, ultrasound and optical topography systems. The company also provides medical information systems and services. Hitachi Medical is a subsidiary of global electronics giant, Hitachi Group.

Hitachi Medical sells medical systems in Japan, North America, Europe, Asia and other regions. Japan accounts for about 60% of total sales, and overseas markets for the remaining 40%. The North American market is the company's principal international market, accounting for approximately 60% of overseas sales.

Hitachi Medical has nearly 1,500 open MRI systems installed throughout the US and over 3,100 open MRI systems installed worldwide. The company is currently working to expand its product range and establish the Hitachi Medical brand in overseas markets by implementing a product strategy that takes into consideration the characteristics of each region in which it operates.

For the year ended 31st March 2005 (i.e. fiscal 2004), Hitachi Medical reported a 2.8% decline in sales to 119.3 billion (US$1.1 billion). Although the company achieved higher sales of CT systems during the year, this growth was offset by weaker revenue from accessories used with image analysis systems. In addition, operating profit for Hitachi Medical fell by 4.7% to 7.8 billion (US$72.7 million) during the year and net income declined by 34.4% to 2 billion (US$18.8 million).

Content

Overview
Corporate History
- Foundation
- Recent Corporate News
- Mergers and Acquisitions
  - MTS Systems - MR Imaging Systems' Power Supply Business
  - Ecoscan
  - Oki Medical Systems
- Joint Ventures
  - Hitachi Medical Systems America
- Agreements
  - Syntermed
  - Mirada Solutions (now part of Siemens Molecular Imaging Division)
  - Siemens Medical - Molecular Imaging Division (formerly CPS Innovations)
  - CIVCO Medical Instruments
- Supply Agreements
  - Novation
    - Open MR Systems
    - Ultrasound
- Industry Consortiums
  - PET Cancer Screening Alliance
- Corporate Structure
- Strategic Focus
Products
- Magnetic Resonance
  - HHF1 MRI System
  - Altaire High-Field MRI System
    - SDQ Breast Coil for Altaire
  - AIRIS Elite Mid-Field MRI System
  - AIRIS
  - MRP Series
    - MRP-7000
- Hitachi Medical
  - Coils
    - RAPID Head Coil, Body Coil and Extremity Coil
    - Quadrature Cervical Spine Coil
    - Bilateral TMJ Coil
    - Bilateral Breast Coil
    - Flexible Body Coils
    - Quadrature Open Head Coil
    - Quadrature or Multiple Array Wrist Coil
    - Multiple Array Shoulder Coil
    - Multiple Array CTL Coil
    - MA Neurovascular Coil
    - MA Peripheral Vascular Coil
- Pet/Ct
  - Sceptre P3
    - AVIA Workstation with Fusion7D
    - Emory Cardiac Toolbox PETtools
    - RTist for AVIA
    - EASY Route Features for AVIA
  - Sceptre
- Ultrasound
  - Hi Vision 8500 (EUB-8500)
  - Hi Vision 6500 (EUB-6500)
  - EUB-6000
  - Hi Vision 5500
  - EUB-2000
  - EUB-525 CFA
  - EUB-420
  - EUB-405 plus
  - Probes
    - Linear Array
    - EUP-L53ST
    - EUP-L54M
    - EUP-L34T
    - Convex Array
    - EUP-C514
    - EUP-C516
    - EUP-C524
    - EUP-B31
    - EUP-L53
- Hitachi Medical
  - EUP-C532
  - Fingertip/Intraoperative
  - EUP-F334
  - EUP-F531
  - EUP-053T
  - Phased Array
  - EUP-S50
  - EUP-S52
  - Endocavity
  - EUP-CC531
  - EUP-R54AW
  - EUP-U533
  - EUP-V53W
  - Specialty
  - EUP-OL334
  - EUP-B514
  - EUP-TC3
  - Endoscopic/Mini-Probes
  - Fujinon Mini-probes
- Medical Information Systems
  - Open-Karte
  - iClinic
  - HI-PACS
- X-RAY
  - Concord
  - Clinix DHF-122HII/YTS-1
  - Hitachi Surgical X-ray TV Units, DHF-105CX Series
  - PRIUS-CAD
  - TD-B8
  - Sirius Star Mobile
  - Technomobile 21
- Conebeam Ct
  - CB MercuRay
- Optical Topography
  - ETG-4000
    - Optical Topography Research
- Ct Systems
  - CXR-4
  - Presto
- Hitachi Medical
  - Pronto
  - Pronto VE
  - Carino
International Activities
- Asia
  - China
  - Singapore
- North America
  - United States
- Europe
  - Switzerland
- Global Locations
Research and Development
- Research Establishments
- Research Projects
  - New PET Device
  - Sensor Node
  - Portable Magnetic Cardiograph
  - Non-invasive Blood Sugar Monitoring Device
  - Research into Tooth Regeneration
Financial Review
- Financial Indicators
Financial Highlights
Commentary
Fiscal 2004
Operating Divisions
- Medical Systems
- Medical Information Systems
Global Review
First Half of Fiscal 2005 and Outlook
Hitachi Medical
Financial Indicators