Tokyo, March 16, 2009 - Hitachi, Ltd. (NYSE:HIT / TSE:6501) is actively examining and rigorously implementing structural reforms on a Group-wide basis to respond to a rapidly changing operating environment, to quickly turn around its performance and improve profitability, and to spur future growth.
As part of these efforts, Hitachi's Board of Directors decided at a meeting held today to implement business structure reforms centered on the split-off of Hitachi's Automotive Systems Group and Consumer Business Group.
Please download the press release for further information (PDF, 100kB).
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