Article: Hitachi Establishes ``Hitachi Group Headquarters''; Aims to Improve Group Management System and Expand Group Synergy.

Business Editors

TOKYO--(BUSINESS WIRE)--March 11, 2004

Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced plans to establish the Hitachi Group Headquarters on April 1 2004. This will develop and execute Group management strategy expanding Hitachi's group synergy. The establishment of Hitachi Group Headquarters is part of Hitachi's structural reform under the company's current medium-term management plan, "i.e.HITACHI Plan II."

Isao Uchigasaki, Chairman of the Board of Hitachi Chemical Co., Ltd., is to head the Hitachi Group Headquarters and will be appointed concurrently Hitachi Group Executive Officer at Hitachi. The Hitachi Group ...

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