Promoting the Smart Life Business, which improves people's QoL, by applying digital technologies
Improving QoL with equipment data x digital technologies and AI
Ensuring safety and security with environmentally friendly solutions
FY2021 forecast: Revenues at 1.0 trillionyen; adjusted operating income ratio at 9.7%; EBIT ratio at 10.9%*
In FY2020, revenues from the automotive systems business increased due to the integration with three Honda-affiliated companies. However, profit decreased due to the impact of COVID-19
The operating income ratio and EBIT ratio of Hitachi GLS and Hitachi High-Tech met the Mid-term Management Plan due to the promotion of cost structural reforms by each entity
3
4
Accomplishing business portfolio reform
Hitachi Astemo was established as a result of integration with three Honda-affiliated companies. It began to be disclosed as an independent segment in FY2021
Transfer of diagnostic imaging-related business, conversion of Hitachi High-Tech into a wholly owned subsidiary, and establishment of a JV in overseas home appliances business
Investments for new growth
Expanding the Lumada business with a focus on EV, semiconductors, and connected home appliances
Developing next-generation healthcare business by investing strategically in four fields with high market growth rates
*EBIT ratio excluding temporary factors attributed to business transfer
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Hitachi Ltd. published this content on 08 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 June 2021 00:24:03 UTC.
Hitachi specializes in manufacturing and marketing of electronic and industrial equipments. Net sales (including intragroup) break down by family of products and services as follows:
- social infrastructure and industrial systems (24.7%): elevators, escalators, industrial facilities, railway systems, power generation units, etc. The group also provides engineering and construction of nuclear, hydroelectric, and thermal power plants services;
- information and telecommunications products and services (20.1%): systems integration, cloud computing, software, servers, hard disks, PCs, ATMs, data communication base stations, payment terminals, etc.;
- materials and components (16.6%): semi-conductor materials, printed circuit cards, cables, copper and forged steel products, magnetic materials, organic and inorganic chemical products, etc.;
- construction equipment (10%) : hydraulic excavators, wheel loaders, mining equipment, etc.;
- automotive systems (9.4%): powertrain systems, control systems, etc.;
- electronic products (9.2%): fiber-optic components, screen tubes, testing and measurement equipment, medical equipment, equipment for manufacturing semiconductors, etc.;
- household appliances (4.7%): heating and air conditioning equipments, refrigerators, washing machines, etc.;
- other (5.3%): mainly transport, financial and logistical services.
Net sales are distributed geographically as follows: Japan (49.2%), Asia (21.3%), North America (12.7%), Europe (10.8%) and other (6%).