Management
Over the past decade, Hitachi has embarked on a transformation journey to become a global leader in Social Innovation Business.
The Social Innovation Business leverages Hitachi’s IT, OT (Operational Technology), and products to solve social issues in collaboration with customers. Through the Lumada co-creation framework, we support the digital and green transformation (DX and GX) of society and industry with our diverse business portfolio aligned with the three technological trends: Digital, Green, and Connective.
In our current Mid-term Management Plan 2024, we are making a significant shift toward organic growth, expanding our Social Innovation Business globally with Lumada at the core. Our goal is to realize a sustainable society supported by data and technology, enhancing people's well-being. Moving forward, Hitachi will continue to evolve its Social Innovation Business and promote sustainability management to protect the planet, maintain society, and realize the well-being of every individual.
“Contribute to society through the development of superior, original technology and products.” — This strong belief of Hitachi’s founder, Namihei Odaira, has been passed down as our corporate philosophy throughout our history of over 110 years. Hitachi’s founding spirit of Harmony, Sincerity, and Pioneering Spirit expresses our core values that we uphold as we strive to solve social issues, by focusing on society and people.
Hitachi has created the slogan “Hitachi Social Innovation is POWERING GOOD” for the Social Innovation Business. Protecting the earth’s healthy environment while fostering economic growth and supporting the well-being of people around the world, in other words, realizing “GOOD” for society, is the guiding principle for our Social Innovation Business.
To expand the Social Innovation Business, it is important to have individuals who resonate with our corporate philosophy and have a strong will to drive social innovation. These talented individuals become the driving force of our sustainability management.
With the advent of generative AI, the demand for digitalization is rapidly increasing. Meanwhile, the global economy is pursuing the path to stable growth despite its vulnerabilities, due to complex geopolitical situations, and shortages of resources, energy, and labor. We believe it is crucial to identify new growth opportunities that are unlocked by the impact of generative AI on society, and the social issues that emerge from shifts such as climate change and demographics, and further advance our efforts toward realizing a sustainable society.
To tackle the increasingly diverse, severe, and complex social issues, it is important to strengthen our problem-solving capabilities using Lumada’s customer co-creation framework. The Hitachi Group has welcomed new members with global and diverse backgrounds and expertise through business portfolio reforms and M&As. These colleagues are our indispensable human capital for collaborating with customers across the globe to solve social issues.
Hitachi’s diverse businesses in Digital, Green, and Connective play a significant role in creating solutions to address complex social challenges. To leverage this diversity as a strength, it is important to embrace the One Hitachi mindset.
In April 2024, we launched a new business structure to accelerate digital growth and strengthen global competitiveness by appointing leaders with diverse backgrounds. Lorena Dellagiovanna, Chief Sustainability Officer and CDEIO, also took on the role of CHRO to reinforce sustainability within the organization.
In order to deepen sustainability management, Inclusive Leadership that embraces diverse and conflicting opinions, creates integrated ideas, and provides guidance to demonstrate One Hitachi teamwork is crucial. By increasing the number of inclusive leaders, we can strengthen teamwork with various stakeholders, such as our customers and partners, who work with us to solve social issues, thereby driving further growth of the Social Innovation Business.
Hitachi will deepen sustainability management and accelerate the growth of our Social Innovation Business and continue our transformation journey towards enhancing our corporate value. Please look forward to Hitachi's future.
Keiji Kojima
President & Chief Executive Officer
Hitachi, Ltd.