Long before activist investors swooped into Japan to shake up conglomerates saddled with losses and legacy assets, Hitachi Ltd. managed to do it on its own, selling off more than ¥2 trillion ($18 billion) worth of businesses in the past five years under Chief Executive Officer Toshiaki Higashihara.
The result? A market value that’s more than doubled to ¥6.2 trillion ($54 billion), second only to Sony Group Corp. among Japanese electronics makers and roughly equal to the next two competitors — Panasonic Corp. and Mitsubishi Electric Corp. — combined.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.