Hitachi Targetting 'Social Innovation Business': Chairman

The transcript discusses Hitachi's current business focus, including M&A activities and the reshuffling of subsidiaries. It highlights the company's emphasis on digital transformation and value creation, as well as its divestment plans and future strategy centered around social innovation. The challenges of hosting the Olympics in Japan during the COVID-19 pandemic are also addressed.

What is one of the main focuses of Hitachi's recent business activities?

• Reducing workforce

• Investing in real estate

• Mergers and acquisitions

• Expanding into the food industry

What is Hitachi's approach towards Hitachi Metals and construction machinery?

• Complete divestment

• Finding a new business model

• Merging with competitors

• Shutting down operations

How is Hitachi planning to create new business models with customers?

• By reducing prices

• Through aggressive marketing

• Through digital transformation

• By increasing production

What is a key component of Hitachi's digital transformation strategy?

• Reducing employee numbers

• Creating common values with customers

• Increasing manufacturing output

• Focusing on traditional marketing

What is Hitachi's long-term target in terms of business focus?

• Automobile manufacturing

• Social innovation business

• Retail expansion

• Real estate development

What challenge does Hitachi face regarding the Olympics in Japan?

• Political opposition

• Insufficient infrastructure

• COVID-19 related issues

• Lack of sponsorship

What is Hitachi's strategy for dealing with diverse customer fields?

• Focusing on a single industry

• Standardizing all products

• Adjusting to each industry's environment

• Ignoring industry differences