Hitachi learns from substantial loss

After reporting a massive loss 10 years ago, Hitachi, Ltd. has been actively involved in corporate restructuring. President Toshiaki Higashihara shares his dream for the business for this instalment of Leaders, a column of corporate management and senior executives.

Hitachi's net loss in fiscal 2008 of 787.3 billion yen was the worst ever for a Japanese manufacturing company. At the time, Higashihara worked as chairman of a Hitac....