Hitachi, Ltd. announced that on April 1, 2018, it will strengthen its business structures as outlined below, to expand the Social Innovation Business, and to further evolve Hitachi into a true global company. Strengthening structures for the global expansion of the Social Innovation Business using digital technologies In order to achieve further growth in the Hitachi Group through the global expansion of the Social Innovation Business using digital technologies, Executive Vice President Keiichi Shiotsuka, who is the Head of the Systems & Services Business Division, will undertake a concurrent position as Head of the Social Innovation Business. Senior Vice President Yoshitaka Tsuda will act as Deputy Head of the Social Innovation Business. Both Executive Officers will collaborate with Front Business Units in supervising the creation of strategies for digital solutions business as well as approaching customers and securing new strategic projects. The goal of these new appointments is to promote the use of digital technologies in the Social Innovation Business, which combines Hitachi's strengths in Operational Technologies (OT), IT, and products, and to accelerate the delivery of digital solutions. Mr. Hicham Abdessamad will continue to lead the expansion of the Social Innovation Business using digital technologies in the context of global business. On April 1, Mr. Abdessamad will be appointed CEO of Hitachi Global Digital Holdings Corporation. In this capacity, he will lead the development and implementation of strategies to strengthen the global deployment of digital solutions using Lumada.
Hitachi specializes in manufacturing and marketing of electronic and industrial equipments. Net sales (including intragroup) break down by family of products and services as follows:
- social infrastructure and industrial systems (24.7%): elevators, escalators, industrial facilities, railway systems, power generation units, etc. The group also provides engineering and construction of nuclear, hydroelectric, and thermal power plants services;
- information and telecommunications products and services (20.1%): systems integration, cloud computing, software, servers, hard disks, PCs, ATMs, data communication base stations, payment terminals, etc.;
- materials and components (16.6%): semi-conductor materials, printed circuit cards, cables, copper and forged steel products, magnetic materials, organic and inorganic chemical products, etc.;
- construction equipment (10%) : hydraulic excavators, wheel loaders, mining equipment, etc.;
- automotive systems (9.4%): powertrain systems, control systems, etc.;
- electronic products (9.2%): fiber-optic components, screen tubes, testing and measurement equipment, medical equipment, equipment for manufacturing semiconductors, etc.;
- household appliances (4.7%): heating and air conditioning equipments, refrigerators, washing machines, etc.;
- other (5.3%): mainly transport, financial and logistical services.
Net sales are distributed geographically as follows: Japan (49.2%), Asia (21.3%), North America (12.7%), Europe (10.8%) and other (6%).