Author: jodywrenfordsley

Japan – Looking Toward Strengthening our Existing Businesses and Creating of New, Highly Profitable Businesses Restructuring Hitachi High-Tech Fine Systems

Hitachi High-Tech Corporation (“Hitachi High-Tech”) today announced the restructuring of Hitachi High-Tech Fine Systems Corporation (“HFS”) on April 1, 2022, as part of Hitachi High-Tech’s key initiatives for our 2024 Mid-Term Management Plan. Hitachi High-Tech aims to create new businesses that will be a key part of our future, in tandem with the plans to further expand the growth and profitability of our existing businesses. Through corporate divestiture, HFS will transfer its railroad inspection, HD/FPD(1) and laboratory solutions businesses to Hitachi High-Tech Solutions Corporation (“HSL”) and transfer its manufacturing functions to Hitachi High-Tech Manufacturing & Service Co., Ltd. (“HMS”). Furthermore, ... Read more