Hitachi, Ltd. Announces Management Changes, Effective April 1, 2025
December 16, 2024 at 01:30 am EST
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Hitachi, Ltd. announced the change of representative executive officer and president in accordance with a resolution passed by the meeting of the Board of Directors held on December 16, 2024. Change of CEO [Effective April 1, 2025]: Keiji Kojima: Position & Responsibility (as of March 31, 2025): Director Representative Executive Officer, President & CEO. Position & Responsibility (effective April 1, 2025): Director, Vice Chairman.
Toshiaki Tokunaga: Position & Responsibility (as of March 31, 2025): Representative Executive Officer, Executive Vice President and Executive Officer, Assistant to the President [Growth Strategies, Cloud Services Platform Business, Digital Engineering Business, Financial Institutions Business, Government, Public Corporation and Social Infrastructure Systems Business, Defense Systems Business, Social Innovation Business Promotion, and Digital Strategies], and General Manager of Digital Systems & Services Division; Position & Responsibility (effective April 1, 2025): Representative Executive Officer, President & CEO. Toshiaki Tokunaga: Date of Birth: March 15, 1967; Education: March, 1990, Graduated from Faculty of Engineering, The University of Tokyo; Business Experience: April, 2024: Representative Executive Officer, Executive Vice President and Executive Officer, Assistant to the President [Growth Strategies, Cloud Services Platform Business, Digital Engineering Business, Financial Institutions Business, Government, Public Corporation and Social Infrastructure Systems Business, Defense Systems Business, Social Innovation Business Promotion, and Digital Strategies], General Manager of Digital Systems & Services Division; April, 2023: Representative Executive Officer, Executive Vice President and Executive Officer, Assistant to the President [Cloud Services Platforms Business, Digital Engineering Business, Financial Institutions Business, Government, Public Corporation and Social Infrastructure Systems Business, Defense Systems Business, Social Innovation Business Promotion, and Digital Strategies], General Manager of Digital Systems & Services Division; April, 2022: Representative Executive Officer, Executive Vice President and Executive Officer, Assistant to the President [Financial Institutions Business, Government, Public Corporation and Social Infrastructure Systems Business, Defense Systems Business, Services & Platforms Business, Social Innovation Business Promotion, and Digital Strategies], General Manager of Digital Systems & Services Division/Chairman of the Board of Hitachi Digital LLC; April, 2021: Representative Executive Officer, Executive Vice President and Executive Officer, Assistant to the President [Systems & Services Business and Defense Systems Business], Head of Systems & Services Business, General Manager of Systems & Services Business Division, and Head of the Social Innovation Business/Chairman of the Board and CEO of Hitachi Global Digital Holdings Corporation; April, 2020: Senior Vice President and Executive Officer, CEO of Services & Platforms Business Unit/Chairman of the Board and CEO of Hitachi Global Digital Holdings Corporation/Chairman of the Board and CEO of Hitachi Vantara LLC; April, 2019: Vice President and Executive Officer, COO of Services & Platforms Business Unit/Chairman of the Board of Hitachi Global Digital Holdings Corporation/Chairman of the Board of Hitachi Vantara Corporation; April, 2018: General Manager of Smart Life & Ecofriendly Systems Division, Hitachi, Ltd./President of Hitachi Appliances Inc.; April, 2017: President of Hitachi Appliances Inc.; April, 2014: General Manager of Smart Information Systems Division, Services Division Group, Information & Telecommunication Systems Company, Information & Telecommunication Systems Group; April, 2006: General Manager of Department 1, Financial Information Systems Business Unit 1, Financial Information Systems Division, Information & Telecommunication Systems Group; April, 1990: Joined Hitachi, Ltd.
Hitachi specializes in manufacturing and marketing of electronic and industrial equipments. Net sales (including intragroup) break down by family of products and services as follows:
- social infrastructure and industrial systems (24.7%): elevators, escalators, industrial facilities, railway systems, power generation units, etc. The group also provides engineering and construction of nuclear, hydroelectric, and thermal power plants services;
- information and telecommunications products and services (20.1%): systems integration, cloud computing, software, servers, hard disks, PCs, ATMs, data communication base stations, payment terminals, etc.;
- materials and components (16.6%): semi-conductor materials, printed circuit cards, cables, copper and forged steel products, magnetic materials, organic and inorganic chemical products, etc.;
- construction equipment (10%) : hydraulic excavators, wheel loaders, mining equipment, etc.;
- automotive systems (9.4%): powertrain systems, control systems, etc.;
- electronic products (9.2%): fiber-optic components, screen tubes, testing and measurement equipment, medical equipment, equipment for manufacturing semiconductors, etc.;
- household appliances (4.7%): heating and air conditioning equipments, refrigerators, washing machines, etc.;
- other (5.3%): mainly transport, financial and logistical services.
Net sales are distributed geographically as follows: Japan (49.2%), Asia (21.3%), North America (12.7%), Europe (10.8%) and other (6%).