December 27, 2022President and Director Charlie Takeuchi quoted in a Newsweek article about Japan’s hidden champions

Hitachi Industrial Equipment Systems (HIES) President and Director Yasuhiro (Charlie) Takeuchi is quoted in an article in the December 23, 2022, edition of Newsweek International. The article, appearing on pages 42-43, is titled ‘Japan’s hidden champions reign supreme.’
The article, which also features CEOs from KEYENCE Corporation, Mabuchi Motor Co. Ltd. and Sojitz Corporation, discusses how many Japanese manufacturers have maintained large global market shares in B2B despite growing competition from the likes of China, South Korea and Southeast Asia. The ‘hidden champions,’ including HIES, produce high-quality parts, materials and machinery often working behind the scenes in industrial facilities worldwide.

Mr. Takeuchi discusses how HIES’ focus on high-end, valued-added technology allows the company to continue to play a major role in the global industry. Mr. Takeuchi’s comments are excerpts from a full interview with Worldfolio available to read hereOpen in new tab (Click to The Worldfolio website).
HIES is a leading global provider of electric and industrial products and solutions, including air compressors, coding and marking systems, transformers, hoist systems, inverters and more.

• Information contained in this news release is current as of the date of the press announcement, but may be subject to change without prior notice.

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