Hitachi to Strengthen Business Structures for a Transformation into a Global Leader, as Laid Out in the 2021 Mid-term Management Plan
Tokyo, Japan, February 1, 2019 --- Hitachi, Ltd. (TSE:6501, “Hitachi”) today announced that on April 1, 2019, it will strengthen its business structures, in order to achieve a transformation into a global leader, as laid out in the 2021 Mid-term Management Plan.
In the newly created 2021 Mid-term Management Plan, which will begin in FY2019, Hitachi will strive to become a global leader in the Social Innovation Business. To achieve this goal, in various regions, it will concentrate on solutions in fields expected to demonstrate growth through innovations. Hitachi will leverage its strengths in information technology (IT), operational technology (OT), and products to bring about reforms in social infrastructures through digital technologies. Starting in April 2019, by strengthening business structures as outlined below, Hitachi will increase the value of solutions provided to customers, and accelerate the creation of innovations.