Hitachi, Ltd. · TSE:6501
Hitachi — Investor Day (November 2026)
40 slides from Hitachi's investor day presentation, Nov 2, 2026
Slide 1: Notification regarding disclosure of Hitachi Energy Investor Day materials
For Immediate Release Notification regarding the disclosure of materials for Hitachi Energy Investor Day (CEO 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: Powering growth: Strategic outlook
Hitachi Energy Investor Day 2026 Powering growth: Strategic outlook Andreas Schierenbeck Senior Vice President and Executive Officer, CEO of Energy Sector, CEO of Power Grids Business Unit, Hitachi Ltd. CEO of Hitachi Energy Ltd. Date November 3, 2026 © 2026 Hitachi Energy. All rights reserved.
Slide 3: Contents
Powering growth: Strategic outlook Contents Key figures 01 Market development and outlook 02 Strategic priorities 03 Future ambition 04 2 Public © 2026 Hitachi Energy. All rights reserved.
Slide 4: Continued profitable growth and accelerated cash conversion in H1
Continued profitable growth and accelerated cash conversion in H1 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 geograp
Slide 5: Strong financial performance at the start of Inspire 2027
Strong financial performance at the start of Inspire 2027 Revenue1 Achievements 15.7% 13.4% Continuous significant $23.6B revenue growth 11.1% Adj. EBITA $19.8B margin2 8.5% 7.1% $15.7B 6.1% $12.8B De-risked strategy, leading to better margin and risk $10.4B $9.6B profile in order backlog Operationa
Slide 6: Hitachi Energy leads across electrification sectors and technologies
Hitachi Energy leads across electrification sectors and technologies Transformers High Voltage Grid Integration Grid Automation Service Nuclear (HVDC & Power Quality) Installed 1 in 4 high-voltage Access to world’s largest Supporting 2/3 of BWR3 switchgear in the world; >175 GW1 of HVDC2 installed b
Slide 7: Contents
Powering growth: Strategic outlook Contents Key figures 01 Market development and outlook 02 Strategic priorities 03 Future ambition 04 6 Public © 2026 Hitachi Energy. All rights reserved.
Slide 8: From molecules to electrons – the 'Age of Electricity' is here
From molecules to electrons – the ‘Age of Electricity’ is here 2x 128,000 TWh 130,000 TWh 114,000 TWh 55,000 TWh 32,000 TWh 23,000 TWh 42% 20% 25% 2020 2030 2050 Total energy consumption Share of electricity 7 Source: World Energy Outlook report by the International Energy Agency (IEA) Public © 2026
Slide 9: Electricity demand across regions is surging
Electricity demand across regions is surging U.S (in TWh) India (in TWh) 6,000 5,000 5,000 4,000 3,000 4,000 2,000 3,000 1,000 2,000 - 1990 2000 2020 2025 2030 2050 1990 2000 2020 2025 2030 2050 EU27+UK (in TWh) China (in TWh) 4,000 15,000 10,000 3,000 5,000 2,000 - 1990 2000 2020 2025 2030 2050 199
Slide 10: Global capital is shifting toward electrification
Global capital is shifting toward electrification 2026ee USD 3.4 trillion rillion 2015 USD 2.6 trillion rillion il Renewables enewables 1.9x at ral gas Grids rids 1.7x il enewables at ral gas rids ien Electrification le tri ation 2.7x oal ien le tri ation lear oal ow emissions els torage Nuclear le
Slide 11: Governments extend planning horizons, TSO scale networks
Governments extend planning horizons, TSO scale networks IEA Report: Planning horizons significantly extended1 $2.4 trillion TSO capex Germany for 2026-20352 India Across regions, leading transmission China operators are scaling their networks South Africa Brazil $864B $840B Japan APAC Europe Europe
Slide 12: 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 CAGR 2025-2030 245 ~7% 210 154 118 120 128 107 110 CAGR 2030-2035 ~5% Public © 2025 Hitachi Energy. All rights reserved 11 Unconsolidated
Slide 13: High market growth across key products and solutions, 2020-2050
High market growth across key products and solutions, 2020-2050 Transformers HV Switchgear HVDC BESS 3x 3-5x 4x >10x STATCOM Power electronics Software solutions Service 5-10x 6-8x >10x >6x 12 HV: High Voltage; BESS: Battery Energy Storage System; HVDC: High Voltage Direct Current; Public © 2026 Hit
Slide 14: Entering the adjacent 'Edge' market
Entering the adjacent “Edge” market, unlocking a $1 0B market by 0 5 Utility customers Industry customers New customers ~75% of customers today1, Increased electricity demand E.g. data centers with strong demand due to grid due to electrification and rise a need for energy hubs modernization of rene
Slide 15: Contents
Powering growth: Strategic outlook Contents Key figures 01 Market development and outlook 02 Strategic priorities 03 Future ambition 04 14 Public © 2026 Hitachi Energy. All rights reserved.
Slide 16: 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 17: 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 16 Public © 2026 Hitachi Energy. All rights reserved.
Slide 18: Revenue is increasing strongly – and our backlog even more
Revenue is increasing strongly – and our backlog even more Revenue growth driven by capacity expansion Backlog evolution up to 2030 (B USD)1 (B USD)1 ~100 ~16% CAGR ~25% CAGR ~60 ~38 ~20 ~9 ~11 FY2020 FY2025 FY2030 FY2020 FY2025 FY2030 1 In constant currency 17 Public © 2026 Hitachi Energy. All righ
Slide 19: Securing continued revenue and profitability growth
Securing continued revenue and profitability growth Evolving customer Growing backlog with higher margin and increased visibility behavior provides longer-term visibility FA & CRA1 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 OBL2 in B USD ~10 1 De-risked business OBL volume FY2021 model and enhanced c
Slide 20: Capacity expansion for growth through bankable business cases
Capacity expansion for growth through bankable business cases 40+ capacity expansion projects ongoing Revenue Greenfield Brownfield >4x FY2020 FY2025 FY2030 Workforce ~2x FY2020 FY2025 FY2030 Investment: $9B1 Employees: +5,000/y2 1 FY2020-2027 Investments in manufacturing, M&A and partnerships acros
Slide 21: 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 20 Public © 2026 Hitachi Energy. All rights reserved.
Slide 22: Faster backlog delivery enabled by AI
Faster backlog delivery enabled by AI Value pools One Automation & Digital & Digital Core Analytics Physical AI Improved utilization & Implementing one Unlocking resilience Executing faster, throughput single ERP following and productivity in safer and better, the carve-out our supply chain enabled
Slide 23: 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 22 Public © 2026 Hitachi Energy. All rights reserved.
Slide 24: Service business expansion and performance in line with plan
Service business expansion and performance in line with plan Strong revenue growth, Service innovation and Expansion of HMAX Energy building the pipeline for Shermco synergies portfolio and R&D future years contributing to partnership- investments to advance led expansion in North digitally enabled
Slide 25: HMAX Energy expands our customer reach and impact
HMAX Energy expands our customer reach and impact HYPERSCALER Top 3 hyperscalers HMAX Energy delivers – Resident engineers 24/7 in 3 sites resilience for hyperscalers – Complete O&M coverage “Do It in Thailand – <15min emergency expert response For Me” STORAGE HMAX Energy guarantees – Predictive mai
Slide 26: 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 25 Public © 2026 Hitachi Energy. All rights reserved.
Slide 27: Data center buildout by 2040
Data center buildout by 2040 Projected in 20402 Annual U.S. CAPEX spending in power equipment and cumulative addition1 2040 Live cluster Planned cluster Annual CAPEX (B USD) Cumulative addition (B USD) Live data center Planned data center B USD 160 465 140 120 100 80 60 40 20 29 41 62 86 108 139 0 2
Slide 28: Data center customers are a key growth driver
Data center customers are a key growth driver Hitachi Energy data center orders (B USD)1 Targeting 5x growth in 8.0 data center orders 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 FY2024 FY2025 FY2026 FY2027 Actual Forecasted 1 In constant currency 27 Public © 2026 Hitachi Energy. All rights reserved.
Slide 29: Power infrastructure is a critical bottleneck for data center growth
Power infrastructure is a critical bottleneck for data center growth Until now in the U.S. New phase Grid connection and Power generation power equipment and storage 70-80% Less large-scale AI campuses large-scale AI campuses Higher number of smaller data center locations 1-3 years setup time 5-15 y
Slide 30: With our offering, we enable faster data center deployment
With our offering, we enable faster data center deployment Data centers face increasing energy infrastructure challenges Grid Reliability and Impact on Uncertain future capacity stability communities demand Build large, Build off-grid grid dependent Build a hybrid and flexible solution Location cons
Slide 31: Grid-to-Rack power chain: We are closing the gaps
Grid-to-Rack power chain: We are closing the gaps Covered Partially covered White spots HV Grid HV Power BESS and MV to LV Rack Connection Substation Substation1 Generation e-STATCOM Distribution LV AC or 800V DC2 Energy Management System / Power Management System Service Service (incl. HMAX Energy)
Slide 32: Offering integrated power solutions with Ansaldo, focusing on DTC
Offering integrated power solutions with Ansaldo, focusing on DTC Power Generation Generation island Collector BUS, UPS/BESS Data halls Strategic partnership: – Ansaldo Energia heavy duty gas turbines (50 Hz) – Hitachi Energy static frequency converter and grid technology Addressing the US market ne
Slide 33: Connecting electricity systems operating at different frequencies for years
Connecting electricity systems operating at different frequencies for years Consumption: 16 ⅔ Hz Railway Generation: Digital gearbox: Network, Deutsche Bahn 50 Hz Hz → ⅔ Hz 110 kV | Converter system supplies Datteln 4 Power Station Static Frequency Converter ~25% of peak traction-power 1,100 MW | Op
Slide 34: Proven concept applied to connect generation with data centers in the US
Proven concept applied to connect generation with data centers in the US Generation: Digital gearbox: Consumption: 50 Hz Hz → Hz 60 Hz Ansaldo Energia heavy Static Frequency Converter Data center in the US duty gas turbines Extending our offering for data centers to end-to-end solutions through our
Slide 35: Integrated power solutions for data centers' challenges
Integrated power solutions for data centers’ challenges Provide additional capacity to the Combine grid and on-site 60 Hz market, benefitting the grid generation for faster time-to-power and the community Decouple the gas turbine from the grid to Bring costs down and expand power mitigate volatility
Slide 36: Contents
Powering growth: Strategic outlook Contents Key figures 01 Market development and outlook 02 Strategic priorities 03 Future ambition 04 35 Public © 2026 Hitachi Energy. All rights reserved.
Slide 37: 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 36 Public © 2026 Hitachi Energy. All rights reserved.
Slide 38: Our 2030 ambition
Our 2030 ambition Revenue CAGR Adjusted EBITA1 ROIC2 FY2024-FY2030 FY2030 FY2030 Mid-teens 19-21% 30-40% Sustain profitable growth. Strengthen market leadership. 1 Adj. EBITA: adjusted operating income plus acquisition-related amortization 37 © 2026 Hitachi Energy. All rights reserved. 2 Hitachi Ene
Slide 39: 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 40: Hitachi
HITACHI