Hitachi Metals regards the three sectors of rolling stock, medical products and automotive electronic components as growth drivers for its business segment of wires, cables and related products, and is intent on building highly profitable business models in these sectors.

Rail transportation is attracting renewed attention these days because it is energy efficient and emits less CO₂ by transport volume, reducing the environmental burden on the Earth. In overseas markets-particularly Europe and Asia-the pace of upgrading high-speed railway networks is accelerating, driving up demands for rolling stock and related components. China has the world's largest rolling stock manufacturer, and expects robust demand for these products since the country serves as a rolling stock manufacturing base for both domestic and overseas use.

Taking these factors into account, the new production line at Hitachi Cable (Suzhou) Co., Ltd., our Chinese production base for industrial cables will enhance the rolling stock cable business that has excellent potential for sustainable growth.