ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Hitachi pursues 10% profit margin by trimming fat

Japanese conglomerate unloads power, chemicals and diagnostic imaging businesses

Hitachi's joint venture incurred cost overruns during the construction of this power station in South Africa.

TOKYO -- Hitachi has been lopping off major peripheral businesses, including chemicals and diagnostic imaging equipment, in its quest to form a lean operation capable of generating an operating margin of 10%.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more