That's shares are near its highest level since 1988.
What are your thoughts on the growing interest in the
stock from the market over the past 10 years,
we have continued structural reforms by revamping our portfolio and
moving businesses in and out. We also have a
portfolio in green and digital areas with huge growth potential
. I think it will continue to grow organically from
now on. I think the stock price reflects investors'
expectations of our growth based on this portfolio. Many
people seem to not really understand what Luma is really
about. Can you help us understand what the concept
behind Duda is and how is planning on using Luma
going forward? Luma is a business framework used when
customers want to transform and improve their businesses using digital
technologies. Hitachi provides various capabilities. For example,
we have a digital engineering company called Global Logic which
we acquire also have Hitachi Energy, a power grid
company in the green area. Both of these companies
will solve all kinds of problems faced by utility companies
. It's a business framework that solves customer issues by
combining digital with different themes such as green. Could
you explain what is overall strategy when it comes to
A I related technology and how big the position is
in the next 5 to 10 years within the company's
business. A I has been used to solve customer
problems and has produced results. But as you know
, generative A I is making extremely rapid progress.
What we want to do with it is to dramatically
raise the productivity of software and engineering labor in the
Luma business that I mentioned earlier. Software engineering is
very important, raising productivity there will directly lead to
improving our profit margins. 5 to 10 years from
now, I think that technology centered on generative ai
will really become the core of what is your macro
economic view when it comes to the central bank's monetary
policy and inflation, the pandemic is finally over in
Japan and wages are being raised. I think we
are once again on the trajectory of growth, the
central bank will continue with easy policy for a while
. I think we shouldn't pay too much attention to
central bank moves. We will just go ahead and
invest in areas where we see growth coming. It's
often in my opinion that we should go ahead without
waiting. I think that's the thinking of many top
Japanese management. Now, I have high hopes that
Japan will finally break out of the deflationary spiral.