Evolving into business organization which steadily generates double-digit adjusted operating income ratio
Evolving into business organization which steadily generates double-digit adjusted operating income ratio despite changes in business environment, supported by expansion of Lumada business which leads company-wide Social Innovation Business, and the results of structural reforms
Acquisition of GlobalLogic progressing as planned toward closing
Acquisition of GlobalLogic (Enterprise value: US$ 9.5 Billion, EV/EBITDA multiple: 37.4x) progressing as planned toward closing by the end of July
Transforming to global player by combining GlobalLogic
Transforming to global player by combining IT Sector's SI capabilities in mission-critical area with GlobalLogic's digital engineering capabilities
Achieve both growth and profitability of Lumada business which exceed the market growth
Achieve both growth and profitability in the high-growth DX market by expanding Lumada business with the acquisition effect of GlobalLogic and maintaining high profitability in Japan
: Acquisition is scheduled to be completed by the end of July 2021
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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%).
HITACHI, LTD. 
