Creating Business from Our Core Measurement and Analysis Technologies, and Creating Societal-Issue Driven Value
Through our 2021 Mid-Term Management Plan, we at Hitachi High-Tech have been working to enhance or social and environmental value in addition to our economic value, and to become a company that will continue to be seen as essential by society. We formulated our 2024 Mid-Term Management Plan ( "2024 Mid-Term Plan"), which encompasses the years 2022 through 2024, based on the results of this 2021 Mid-Term Management Plan and in pursuit of our goals to significantly contribute to solving the social issues that will grow more critical in the future as the world changes further using our core technologies in Observation, Measurement, and Analysis (measurement and analysis technologies) and to realize a more sustainable society.
The importance of solving social issues pertaining to the "environment, resilience, and safety & security," such as the increasing threat of climate change, pandemics and geopolitical risks, is growing more intense. In light of these circumstances, the need for Hitachi High-Tech’s strengths in Observation, Measurement, and Analysis will continue growing in the future, and these strengths will be indispensable to solving social issues.
In line with these changes in our social environment and expansion in business opportunities, we at Hitachi High-Tech upheld our “Sustainability 2030” declaration to clarify our future stated aims for the Hitachi High-Tech Group, and to demonstrate our stance of creating societal issue-driven value. And, by backcasting from our Stated Aims for 2030, we formulated this 2024 Mid-Term Plan.
Creating societal issue-driven value through the “Sustainability 2030 “ Declaration
-In order to solve social issues, we will create business from our core measurement and analysis technologies, and form portfolios of high-profit businesses-
Hitachi High-Tech has achieved growth with business created by developing dedicated equipment designed specifically to address our customer issues from general-purpose equipment. Even as our social environment changes greatly, there will be many opportunities for Hitachi High-Tech Group to contribute to solving social issues using our strengths in Observation, Measurement, and Analysis technologies. In order for us to sustainably grow into a company that can contribute to society 10 or even 20 years into the future, we believe it will be necessary for us to enhance our existing businesses, starting with our healthcare and nanotechnology (semiconductor field) businesses, and to create new businesses that can contribute to solving social issues in various fields. Furthermore, to ensure stable and continuous growth of business, we believe it is crucial that we develop a strong management foundation that can flexibly respond to changes in the social environment.
We will further enhance our existing mainstay businesses in healthcare and nanotechnology (semiconductor field) by deepening integration with digital capabilities and co-creation with customers.
In order to contribute to the realization of a sustainable society, we will create new business through three-pronged activities centered around our “core technologies and business,” utilizing “front office capabilities and issue resolution capabilities” pertaining to global business expansion, and “business development capabilities” incorporating customer co-creation, as well as the active use of Lumada.
In order to create new value even as uncertainty rises in the world, we will build a firm management foundation that can flexibly respond to social changes.
As a member of Hitachi, Ltd.'s Connective Industries Sector, Hitachi High-Tech will digitally connect strong products in a wide range of fields with using Lumada, and provide solutions through co-creation with customers to respond to complicated and complex social issues.
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