7.00 PM Thursday, 28 March 2024
  • City Fajr Shuruq Duhr Asr Magrib Isha
  • Dubai 04:57 06:11 12:27 15:53 18:37 19:51
28 March 2024

Hitachi eyes acquisitions for growth

Hiroaki Nakanishi (SUPPLIED)

Published
By Staff Writer

Loss-making Hitachi will seek more alliances and acquisitions, as well as introduce a new governance system to help accelerate decision-making across the sprawling conglomerate, its new president said. "We have good technology but are not profitable. That is the truth," Hiroaki Nakanishi, who took the helm this month of Japan's largest conglomerate, said.