Will Appoint Chief Executives Responsible for Local Business in Four Global Regions Tokyo, February 4, 2015 - Hitachi, Ltd. (TSE:6501, “Hitachi”) today announced that it will appoint Chief Executives, who will function as representatives of the Hitachi Group in interactions with regional companies and customers, in four global regions - the Americas, China, Asia / Pacific, and Europe / Russia / Middle East and other areas (“EMEA･CIS”). This change is being made to accelerate Hitachi’s growth in the global market and will take effect on April 1, 2015. In addition to creating regional growth strategies, promoting localization, and effectively utilizing management resources, the Chief Executives will have authority to make investments in new business areas where growth is expected and will be accountable for achieving positive returns on these investments. The Chief Executives will implement a transition to an “autonomous decentralized global management” structure in which each region leads its business autonomously. Hitachi will expand its Social Innovation Business on a global scale, in order to reach the goals set forth in its 2015 Mid-term Management Plan, which will enter its final year in FY2015, and to achieve further growth in 2016 and beyond.
