Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Hitachi Asia Ltd. Appoints CEO for Asia
Jun 29, 2006
 Printable format
 Email this Article
 Search

Hitachi, Ltd. announced the appointment of Shunsuke Ohtsu, managing director Hitachi Asia Ltd., as CEO for Asia, effective Aug. 1, 2006. The CEO for Asia is the Hitachi Group's senior representative for all Asian countries, except Japan and China. In this capacity, Ohtsu is responsible for developing the business strategy for the group and promoting business localization in the Asian region. Other responsibilities include developing and conducting new businesses leveraging group synergies, strengthening relationships with important customers and governing brand and risk management in this region.

In April 2003, the Hitachi Group established the regional chief executive system with senior representative responsibilities for the group. These individuals represent the social and customer interests in each region. The Hitachi Group's aim in establishing this system is to promote operations as a "truly local company" in each geographic region by conducting business based on strategies that suit the characteristics of the particular region. Hitachi has already appointed full-time executive officers and directors as regional chief executive officers for North America, Europe and China. In each region, the regional chief executive will drive efforts to efficiently utilize the management resources of the entire Hitachi Group and formulate as well as execute strategies carefully tailored to each region.

Asian economies at present are characterized by steadily growing consumer spending, as well as healthy exports and capital expenditures. The Indian economy, in particular, has recorded high growth, driven by the IT and financial services industries; the real GDP growth rate in the Indian economy in 2005 was 8.0 percent. With internal demand also growing, boosted by higher consumer spending as employment and wage environments improve, India is expected to continue experiencing high economic growth. Markets in ASEAN countries are also expected to expand, based on healthy exports and capital expenditures in Thailand and Indonesia, rising income levels and other factors.

Back to Daily News

 

Daily News

...........................................................

Oct 31, 2014: Whirlpool Completes Acquisition of Majority Stake In Hefei Sanyo

Oct 30, 2014: Whirlpool Corp. reports strong third-quarter

Oct 30, 2014: Statistical Portrait of the European Appliance Industry Released by Appliance Magazine

Oct 30, 2014: New Whirlpool acquisition Indesit reports profit for year so far

Oct 30, 2014: Consumer Confidence Index rebounds in October

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows