Tsutsumi-san's questions to Hitachi Ltd (HTHIY) leadership • Q3 2024
Question
An analyst identified as Tsutsumi-san asked whether Hitachi Energy's better-than-expected performance was due to market growth or improved competitive positioning. They also inquired about the potential business impact of new AI technologies like DeepSeek and the rationale for the recently announced strategic organizational changes.
Answer
Executive Tomomi Kato attributed Hitachi Energy's success to both market growth and a strong competitive position, enhanced by digital synergies with Hitachi's DSS business through Lumada. Regarding the new organization, Kato explained the goal is to create 'One Hitachi' with digital at its core, establishing a strategic SIB to capture new growth opportunities in areas like data centers, batteries, and healthcare.