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HITACHI TO IMPLEMENT EMERGENCY MEASURES AND NEW MANAGEMENT SYSTEM.


Hitachi is implementing emergency management measures aimed at bringing about an early improvement in its business results.

Hitachi has been working to achieve the goals of its "i.e. HITACHI" medium-term business plan through restructuring moves and management reforms implemented under a new management system launched in April 1999. However, with rapid changes in the market environment leading to a worsening wors·en  
tr. & intr.v. wors·ened, wors·en·ing, wors·ens
To make or become worse.

Noun 1. worsening - process of changing to an inferior state
decline in quality, deterioration, declension
 of the Company's business results, Hitachi is implementing emergency management measures aimed at bringing about an early improvement in its business results.

Full-fledged consolidated management is essential to accelerate the increase in the corporate value of the Hitachi Group Hitachi Group (Hitachi Gurupu) is a group of companies that uses the Hitachi name, which includes Hitachi Ltd. Hitachi Heavy Industries, etc. See also
  • Hitachi
 within an environment shaped by intense competition. As such, starting from the second half of the current fiscal year, Hitachi Group head-office function will be strengthened and a new "Future Inspiration Value (FIV FIV

feline immunodeficiency virus.
)" index being devised by the Company will be used to re-evaluate the Company's business portfolio in terms of new segment units. Based on the outcome of this re-evaluation, the form the Hitachi Group should take will be defined, business strategies will be rigorously reviewed and operations will be resolutely res·o·lute  
adj.
Firm or determined; unwavering.



[Middle English, dissolved, dissolute, from Latin resol
 reorganized re·or·gan·ize  
v. re·or·gan·ized, re·or·gan·iz·ing, re·or·gan·iz·es

v.tr.
To organize again or anew.

v.intr.
To undergo or effect changes in organization.
.
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Comment:HITACHI TO IMPLEMENT EMERGENCY MEASURES AND NEW MANAGEMENT SYSTEM.
Publication:EDP Weekly's IT Monitor
Geographic Code:9JAPA
Date:Sep 10, 2001
Words:183
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