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Hitachi to Invest $1.25 bn AUD in Australian Social Innovation Business
2016/12/03

Company to increase revenue to $3.75 bn AUD by FY2020 through Collaborative Creation with Australian partners

Sydney, Australia, December 1, 2016 --- Hitachi, Ltd. (TSE: 6501) has announced its commitment to invest $1.25 billion AUD in its Australian Social Innovation business and forecasts to triple its FY2015 revenue total in Australia to reach $3.75 billion AUD by FY2020 as a result of focusing on the growth of its mining, railway system, healthcare, security, and agriculture businesses. During a Keynote Speech delivered at the ‘Hitachi Social Innovation Forum 2016 SYDNEY’ at Sofitel Sydney Wentworth, Hitachi’s President & CEO, Toshiaki Higashihara, addressed how Hitachi will contribute to resolving issues faced by Australian society and improving Australian’s quality of life, through Social Innovation and leveraging digital technologies.

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