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In accordance with its mission, “Contribute to society through the development of superior, original technology and products,” Hitachi, which will celebrate the 110th year since its founding in 2020, has responded to the expectations of society and its customers through innovation. Established as a manufacturer of five-horsepower induction motors, Hitachi has not only developed its ability to create products, but has honed its abilities in control and operational technologies (OT) in the more than 100 years it has operated as a manufacturer, as well as its knowledge in information technologies (IT) over the past 50 years. Hitachi's Social Innovation Business combines Hitachi's OT, IT and products to create new value and resolve social issues.
Currently, the world is facing a variety of changes, including issues related to resource shortages and climate change, demographic changes brought on by the aging of society, and the issues accompanying urbanization. In response to these changes, efforts to achieve the Sustainable Development Goals (SDGs) adopted by the United Nations in 2015 have begun throughout the world. Under these circumstances, Hitachi will return to its founding principles of advancing societal development with the goal of contributing to the achievement of a sustainable society by evolving its Social Innovation Business on a global scale.
Under its three-year 2021 Mid-term Management Plan, which began in fiscal 2019, Hitachi aims to become a global leader through its Social Innovation Business with the goal of stimulating further growth. We have identified five growth sectors (Mobility, Smart Life, Industry, Energy and IT) and will help increase social, environmental and economic values for our customers in each sector.
With our new slogan, “Hitachi Social Innovation is POWERING GOOD,” which expresses the vision of our Mid-term Management Plan, we will devote all our energy to realize the “good” desired by people throughout the world, raise the quality of people's lives and build a sustainable society.