Hitachi Targeting 'Social Innovation Business': Chairman

The transcript discusses Hitachi's recent activities, including mergers and acquisitions, and their focus on digital transformation and social innovation. It highlights the company's divestment strategy, particularly concerning Hitachi Metals, and outlines future business goals. 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 activities?

• Expanding into the fashion industry

• Investing in real estate

• Mergers and acquisitions

• Reducing workforce

What is Hitachi's direction for Hitachi Metals and construction machinery?

• To focus on solution providing

• To exit the market

• To merge with a competitor

• To become a leading manufacturer

How does Hitachi plan to create new business models?

• Through digital transformation and data analysis

• By outsourcing operations

• By increasing production

• By cutting costs

What is a key component of Hitachi's long-term strategy?

• Social innovation business

• Reducing environmental impact

• Expanding into new geographical markets

• Increasing product variety

What challenge does Hitachi face regarding the Olympics in Japan?

• Political instability

• Insufficient infrastructure

• COVID-19 pandemic

• Lack of sponsorship

What is Hitachi's approach to dealing with different industry environments?

• Focusing only on technology

• Standardizing all processes

• Adjusting to each industry's environment

• Ignoring industry differences

What is Hitachi's target in terms of customer engagement?

• To limit customer interaction

• To spread out to a wide range of potential customers

• To focus on a niche market

• To only engage with existing customers