Kenichiro Yoshida
Chief Researcher
Global Intelligence and Research Office
Short Report
Since mid-2025, the correlation between US stocks and long-term Treasury bonds has been strengthening. Figure 1 compares the S&P 500 Index, a representative US stock market index, with the iShares Treasury Bond ETF price, which serves as a proxy for US long-term bond prices. It is evident that the two became more closely correlated from mid‑2025 through・・・
Transformation of manufacturing value chains and the creation of new value
Kazuyuki Fukuda
Senior Researcher, 2nd Research Department
Daisuke Yasuda
Group Leader and Senior Researcher, Global Business Strategy Group, 2nd Research Department
Masayuki Miyazaki
Chief Researcher, 3rd Research Department
Research Project
Previously, manufacturing industries globally dispersed their value chains in pursuit of efficiency gains and productivity improvements. In recent years, however, natural disasters and rising geopolitical tensions have caused value chains to stagnate and fragment, leading to recurring supply・・・
Ippei Nishida
Group Leader & Senior Researcher, Financial Strategy and Society Research Group, 1st Research Department
Yusuke Matsumoto
Researcher, Financial Strategy and Society Research Group, 1st Research Department
HRI Report
The global economic trend is shifting from globalization towards a kind of "global mosaicization" in which the economic zone of each country and region is pursuing its own path in a manner that is fragmenting the global movement of people, goods, money, and data. Furthermore, dramatic advances in・・・
Challenges and Future Direction of Hydrogen Projects
Naofumi Sakamoto
Senior Strategy Staff
Global Intelligence and Research Office
Short Report
Green and blue hydrogen, regarded as key solutions for decarbonization and energy security, reached a combined global production volume of over 700,000 tons in 2024, marking a 10% increase from the previous year (Figure 1). However, this amount accounts for only about 1% of the total hydrogen currently produced, which is primarily used for・・・
Effective Governments, Wealthy Nations: The Urgent Need for Pragmatic Reform
Dr. John J. Hamre
CEO Emeritus
Center for Strategic and International Studies (CSIS)
Every generation of humanity in every society experiences developments and disruptions that seem overwhelming and often threatening. We are living in a time of great technical advances and startling political changes, so much so that our circumstances seem more challenging and dangerous than the typical・・・
AI's Impact on Risk Management
Is It a Factor of Uncertainty or an Enabler of Better Management?
Birud Sindhav, PhD
Professor of Marketing
University of Nebraska at Omaha
The pace of change around organizational risk has accelerated sharply in recent years. Rapid shifts in geopolitical alignments, the frequency and severity of natural disasters, the lingering effects of pandemic-era disruption, and cascading volatility in global supply chains have created an operating environment in which the・・・
We provide you with the latest information on HRI‘s periodicals, such as our journal and economic forecasts, as well as reports, interviews, columns, and other information based on our research activities.
Hitachi Research Institute welcomes questions, consultations, and inquiries related to articles published in the "Hitachi Souken" Journal through our contact form.
