Tokyo, March 12, 2019 --- Hitachi Automotive Systems, Ltd. today announced a strengthening of its global organizational structure effective from April 1, 2019, to achieve its ambitions of global leadership and being a true value creator for stakeholders.
Previously, Business Divisions were responsible for business accountability in Japan, while Regional Headquarters were responsible for business accountability outside Japan. However, from April, business accountability will be owned by global product-based Business Divisions and Business Units. In addition, Hitachi Automotive Systems will optimize operations in Regions and strengthen its Global Functions. By doing so, we will increase the value provided to customers and accelerate the creation of innovative products and services.
In recent years, the environment surrounding the automotive industry has undergone significant changes, with intensified competition to develop new technologies such as electrification and AD/ADAS. In addition, new competitors are entering the automotive market, and the worldwide demand for car sharing and mobility services has also increased. In this rapidly changing business environment, automotive suppliers must generate and speedily deliver new solutions, new technologies, and higher value-added products. In response to these market requirements, Hitachi Automotive Systems will promote business optimization through portfolio reorganization and a new corporate strategy to improve global competitiveness.
Based on the new corporate strategy, Hitachi Automotive Systems will strengthen its global organizational structure in three domains to achieve agile and efficient business operations.