Worth reading
40Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
20
Year-on-year change in net sales (%)Wording
Conditional
How definitive the wording is.Contents of this document
Medium-Term Management Plan PresentationFY2026 1H8 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales$110 100 million+20.0%
Operating profit margin15.4 Adjusted EBITA margin %
Full-year earnings forecast
Net Sales
$236 100 million
Adjusted EBITA margin
15.7 ％
What the company explained in this material
New initiatives
- Capacity expansion through the digital core, AI and strategic investments
- AI-enabled productivity improvements in the supply chain, engineering, sales, and general and administrative functions
- Expansion of HMAX Energy and digital services
- Integrated power solutions for data centers through a partnership with Ansaldo Energia
- Development of an 800V DC architecture for next-generation AI factories with NVIDIA
- Partnerships and M&A in new high-growth areas
Key KPIsA metric the company considers important as a management benchmark.
- ROIC54.4 ％Year on year against the same period last year+12.7%
- Order backlog650 Over US$100 million
- Market share (transformers)1 1 in 6 transformers worldwide
- Market share (high-voltage switchgear)1 1 in 4 worldwide
- HVDC interconnection capacity175 GW+
- Number of countries served190 countries or more
- Number of assets served500,000 or more
Medium-term management plan targets
Revenue CAGRMid-teens (FY2024-FY2030)
FY2030 Adj. EBITA Margin19～21％
FY2030 ROIC30～40％
Financial targets
FY2030 ROIC
30～40
FY2026 H1 ROIC
54.4 ％
Market Size / Share
Market Size
- $4,000 100 million estimated size of Hitachi Energy's market in 2030
- 1,300 Approximately $100 million edge market in 2035
ShareNo. 1 in transformers, High Voltage, Grid Integration and Grid Automation. No. 2 in nuclear power in Japan.
Orders received and order backlog
Order backlog
- 650 Over $100 million first half of FY2026
- 1,000 Approximately $100 million FY2030 outlook
Number of employees
Number of EmployeesAdd 5,000 employees annually from FY2025 to FY2027
Changes during the period and hiring planFY2025～FY2027
Capital expenditures
$90 100 million investments in manufacturing, M&A and partnerships from FY2020 to FY2027
| Item | Details |
|---|---|
| Document type | Medium-Term Management Plan Presentation |
| Fiscal Period Covered | FY2026 1H |
| Net Sales | $110 100 million (YoY +20.0%) |
| Operating profit margin | 15.4 Adjusted EBITA margin (%) |
| Full-year earnings forecast | Net Sales $236 100 million / Adjusted EBITA margin 15.7 ％ |
| Key KPIs | ROIC 54.4 ％, Order backlog 650 Over US$100 million, Market share (transformers) 1 1 in 6 transformers worldwide, Market share (high-voltage switchgear) 1 1 in 4 worldwide, HVDC interconnection capacity 175 GW+, Number of countries served 190 countries or more, Number of assets served 500,000 or more |
| Number of employees | Number of Employees Add 5,000 employees annually from FY2025 to FY2027 / Changes during the period and hiring plan FY2025～FY2027 |
| Medium-term management plan targets | Revenue CAGR Mid-teens (FY2024-FY2030) / FY2030 Adj. EBITA Margin 19～21％ / FY2030 ROIC 30～40％ |
| Financial targets | FY2030 ROIC 30～40 / FY2026 H1 ROIC 54.4 ％ |
| Capital expenditures | $90 100 million (investments in manufacturing, M&A and partnerships from FY2020 to FY2027) |
| Orders received and order backlog | Order backlog 650 Over $100 million (first half of FY2026), 1,000 Approximately $100 million (FY2030 outlook) |
| Market Size / Share | Market Size $4,000 100 million (estimated size of Hitachi Energy's market in 2030), 1,300 Approximately $100 million (edge market in 2035) / Share No. 1 in transformers, High Voltage, Grid Integration and Grid Automation. No. 2 in nuclear power in Japan. |
| New initiatives | Capacity expansion through the digital core, AI and strategic investments, AI-enabled productivity improvements in the supply chain, engineering, sales, and general and administrative functions, Expansion of HMAX Energy and digital services, Integrated power solutions for data centers through a partnership with Ansaldo Energia, Development of an 800V DC architecture for next-generation AI factories with NVIDIA, Partnerships and M&A in new high-growth areas |
Items this document does not state (18)
Operating profitOrdinary incomeNet incomeGross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planSegment resultsBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition of treasury sharesKey points of the Q&A
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company cited high growth across its entire portfolio and all regions, disciplined business operations, capacity expansion, conversion of its order backlog into revenue, productivity gains through the use of AI, and expansion of its services business as drivers of growth and improved profitability.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.