Hitachi, Ltd. · TSE:6501
Hitachi — Investor Day (November 2026)
26 slides from Hitachi's investor day presentation, Nov 2, 2026
Slide 1: Notification regarding disclosure of materials for Hitachi Energy Investor Day
For Immediate Release Notification regarding the disclosure of materials for Hitachi Energy Investor Day (CFO presentation ) Tokyo, November 2 , 202 6 , Hitachi, Ltd. (TSE:6501) today announced the disclosure of the presentation materials for “Hitachi Energy Investor Day ,” which will be held on Tue
Slide 2: Financial performance and outlook
Hitachi Energy Investor Day 2026 Financial performance and outlook Ismo Haka CFO, Hitachi Energy Date November 3, 2026 © 2026 Hitachi Energy. All rights reserved.
Slide 3: Contents
Financial performance and outlook Contents First half 2026 & Inspire 2027 01 Market development & outlook 02 Profitable and sustainable growth strategy 03 Conclusion and future outlook 04 2 Public © 2026 Hitachi Energy. All rights reserved.
Slide 4: H1 2026: Profitable growth & strong cash conversion drive higher returns
H1 2026: Profitable growth & strong cash conversion drive higher returns Revenue1 (B USD) Adj. EBITA2 (%) ROIC3 (%) +20% $11.0B 15.4% 54.4% $9.2B 12.9% 41.7% H1 FY2025 H1 FY2026 H1 FY2025 H1 FY2026 H1 FY2025 H1 FY2026 High growth across our Margin accretion through Record high returns portfolio and
Slide 5: Building on a proven track record of profitable growth
Building on a proven track record of profitable growth Revenue1 (B USD) Adj. EBITA2 (%) ROIC3 (%) 23% +9ppt +44ppt CAGR 23.6 15.7% 50%+ 13.4% 44% 19.8 15.7 11.1% 12.8 8.5% 26% 10.4 7.1% 11% 6% FY2022 FY2023 FY2024 FY2025 FY2026 FY2022 FY2023 FY2024 FY2025 FY2026 FY2022 FY2023 FY2024 FY2025 FY2026 FC
Slide 6: Building on proven performance, raising our 2030 ambition
Building on proven performance, raising our 2030 ambition Revenue1 (B USD) Adj. EBITA2 (%) ROIC3 (%) 25% Mid-teens 38+ CAGR 33+ 19-21% 20% 16-17% 25-30% 27+ 23+ 15% 16-20% 11% 13-15% 16 10% 30-40% 5% 0% FY2024 FY2027 FY2030 FY2024 FY2027 FY2030 Prior ambition4 Upgraded outlook Prior ambition4 Upgrad
Slide 7: Contents
Financial performance and outlook Contents First half 2026 & Inspire 2027 01 Market development & outlook 02 Profitable and sustainable growth strategy 03 Conclusion and future outlook 04 6 Public © 2026 Hitachi Energy. All rights reserved.
Slide 8: Market size for Hitachi Energy is expected to nearly double 2025-2035
Market size for Hitachi Energy is expected to nearly double 2025-2035 Fiscal year 2017 2018 2019 2020 2021 2022 2023 2024 2025 2030 2035 By 2030 500 400 $400B 285 245 CAGR 2025-2030 210 154 ~7% 118 120 128 107 110 CAGR 2030-2035 ~5% 7 Unconsolidated, constant currency, B USD Public © 2026 Hitachi En
Slide 9: Contents
Financial performance and outlook Contents First half 2026 & Inspire 2027 01 Market development & outlook 02 Profitable and sustainable growth strategy 03 Conclusion and future outlook 04 Public © 2026 Hitachi Energy. All rights reserved 8 © 2026 Hitachi Energy. All rights reserved.
Slide 10: Our strategic priorities, enabling profitable growth
Our strategic priorities, enabling profitable growth 01 02 03 04 05 Deliver Capacity Operational Technology- New high- backlog expansion efficiency enabled service growth offerings Convert our $65B+ Scale capacity Leverage AI to Expand service Deliver end-to-end backlog into through Digital Core, in
Slide 11: Larger, stronger order backlog supports sustained revenue growth
Larger, stronger order backlog supports sustained revenue growth Quantity Backlog H1 FY26 – >4x backlog from FY2021 – Market and technology leadership positions enable us to capture outsized opportunities $65B1+ Quality Backlog margin vs. FY2022 +23% – Enhanced T&C, de-risked business model Revenue
Slide 12: Scaling capacity to enable sustainable revenue growth
Scaling capacity to enable sustainable revenue growth Revenue growth driven by capacity expansion (B USD)1 Backlog evolution up to FY2030 (B USD)1 ~16% ~25% Backlog evolution up to 2030 (B USD) *1 ~100 CAGR CAGR ~60 38 20 9 ~11 FY2020 CAPEX FTE and FY2025 CAPEX Additional Operational FY2030 FY2020 F
Slide 13: Disciplined scaling of capacity to capture growth opportunities
Disciplined scaling of capacity to capture growth opportunities Hitachi Energy workforce & revenue evolution Workforce optimization ~+$18B ‒ Balance workforce scaling with +$11B vs vs 2025 AI-driven productivity improvements Revenue growth1 >4x 2020 ‒ Attract, develop and retain talent Workforce ~+1
Slide 14: Capturing operating leverage through scale and AI
Capturing operating leverage through scale and AI Sales cost % • ~100 b.p. improvement from FY2023 to FY2026 • Achieved higher sales productivity, while investing to maintain market leadership • Sharpened go-to-market, volume leverage through AI G&A cost % • ~100 b.p. improvement from FY2023 to FY20
Slide 15: Finance efficiency driven by digitalization and automation
Finance efficiency driven by digitalization and automation INVOICE TO PAY PARTNER MASTER DATA Revenue & Finance headcount growth 22% 600k Revenue growth Approvals eliminated per YoY increase in productivity Finance HC growth 23% CAGR powered by Machine Learning, AI language recognition and year powe
Slide 16: High growth markets: data centers
High growth markets: data centers Hitachi Energy data center orders1 We offer B USD Targeting 5x growth Grid-to-Rack, modular solutions 8.0 7.0 Reliable, scalable and 6.0 efficient solutions 5.0 Full-lifecycle service agreements 4.0 3.0 Where we are 2.0 1.0 Data centers are a key growth driver 0.0 F
Slide 17: High growth markets: service
High growth markets: service Profitable growth through strong backlog Service revenue growth & book-to-bill ratio – Order growth contributing to increasing book to bill ratio Service revenue, BUSD1 6.0-8.0 Organic Inorganic ~15-20% Strategic footprint and partnership- CAGR led expansion 12% – Shermc
Slide 18: Partnering to finance energy infrastructure funding gap
Partnering to finance energy infrastructure funding gap Hitachi Energy Financial partners $3-4 trillion Third-party financing solutions Grid connection as a service Independent energy ecosystems Minority stakeholder share capital gap to fund (Energy Hub) the Energy Transition1 Strong governance pair
Slide 19: Margin expansion through growth, discipline, volume leverage and AI
Margin expansion through growth, discipline, volume leverage and AI Adjusted EBITA1 bridge to FY2030 ambition Key value drivers 19-21% Volume Factory optimization and increased throughput enabled by Physical AI, results in higher growth with lower capital intensity 13.4% Margin expansion Margin incr
Slide 20: Driving cash generation with disciplined capital allocation
Driving cash generation with disciplined capital allocation Cash generation Cash generation ‒ Enhanced Terms & Conditions (CRAs and advances) OCF1 (Operating Cash Flow) Cash Conversion Ratio deliver more cash earlier in project lifecycle ‒ Continued NWC optimization leveraging our Digital Core and A
Slide 21: Contents
Financial performance and outlook Contents First half 2026 & Inspire 2027 01 Market development & outlook 02 Profitable and sustainable growth strategy 03 Conclusion and future outlook 04 Public © 2026 Hitachi Energy. All rights reserved 20 © 2026 Hitachi Energy. All rights reserved.
Slide 22: Building on proven performance, raising our 2030 ambition
Building on proven performance, raising our 2030 ambition Revenue1 (B USD) Adj. EBITA2 (%) ROIC3 (%) 25% Mid-teens 38+ CAGR 33+ 19-21% 20% 16-17% 25-30% 27+ 23+ 15% 16-20% 11% 13-15% 16 10% 30-40% 5% 0% FY2024 FY2027 FY2030 FY2024 FY2027 FY2030 Prior ambition4 Upgraded outlook Prior ambition4 Upgrad
Slide 23: FY2035 perspective
FY2035 perspective Strong market outlook Continued solid revenue growth FY2024 FY2027 FY2030 FY2035 © 2026 Hitachi Energy. All rights reserved 22 © 2026 Hitachi Energy. All rights reserved.
Slide 24: Key takeaways
Key takeaways 01 Energy transition, high growth markets and operational excellence drive mid-teens revenue CAGR between FY2024-FY2030 Profitable growth, volume leverage, and 02 AI-enabled productivity gains lift Adjusted EBITA1 margin to 19-21% Scaling for growth. 03 Disciplined investments in capac
Slide 25: Cautionary Statement
Cautionary Statement Certain statements found in this document may constitute “forward-looking statements” as defined in the U.S. Private Securities Litigation Reform Act of 1995. Such “forward-looking statements” reflect management’s current views with respect to certain future events and financial
Slide 26: HITACHI
HITACHI