Customer-specific solutions based on IT and control technologies and products

「Q1 Lumada revenue increased 31% year on year and expanded across all sectors.」

「We analyze data collected in real time from these digitized assets using Hitachi's domain knowledge and AI, and provide it as digital services that help solve customer and social challenges.」

「Revenue increased by 1% year on year to ¥1.3262 trillion. This reflected the solid performance of the front business, centered on domestic DX (digital transformation) and modernization, and the expansion of the Lumada business, despite lower revenue in the Services & Platforms business due mainly to the impact of restrained investment by customers in Europe and the United States.」

「Revenue from the Lumada business increased by 29% year on year to ¥3.021 trillion. Over the 3 years of the 2024 Mid-term Management Plan, the business achieved growth of approximately 2.2 times.」

「Revenue increased by 10% year on year to ¥1.3124 trillion, owing mainly to the solid performance of the Lumada business, which included large-scale projects such as system modernization and migration, primarily in the public and energy sectors, as well as the impact of foreign exchange movements.」

「Revenue from the Lumada business increased by 19% year on year to ¥2.334 trillion.」

「Revenue increased by 9% year on year to ¥1.8232 trillion, owing mainly to the capture of digital demand, the solid performance of the Lumada business and growth at GlobalLogic.」

「Revenue increased by 8% year on year to ¥1.1925 trillion, owing mainly to the capture of digital demand, the solid performance of the Lumada business and growth at GlobalLogic.」

「Revenue increased by 8% year on year to ¥545.9 billion, owing mainly to the capture of digital demand and the solid performance of the Lumada business.」

「With growing demand for DX (digital transformation) and GX (green transformation) also providing support, we will develop Lumada solutions in collaboration with all of the Group's businesses, including energy, transportation and industry.」

「Revenue increased by 12% year on year to ¥1.678 trillion, owing mainly to the impact of foreign exchange movements and the solid performance of the Lumada business and GlobalLogic. Adjusted EBITA increased by ¥8.5 billion year on year to ¥188.3 billion, despite the negative impact of higher costs in certain projects and other factors, owing mainly to higher revenue.」

「Revenue increased by 13% year on year to ¥1.0998 trillion, owing mainly to growth in the Lumada business and the solid performance of GlobalLogic, in addition to the impact of foreign exchange movements.」

「Revenue increased by 14% year on year to ¥505.3 billion, owing mainly to the solid performance of the Lumada business and GlobalLogic.」

「Revenue from the Lumada business in the consolidated fiscal year amounted to ¥1.609 trillion, reflecting year-on-year revenue growth in all segments as well as the impact of the power grids business acquired from ABB Ltd and the acquisition of GlobalLogic.」

「Revenue increased by 4% year on year to ¥1.4954 trillion, owing mainly to growth in the Lumada business, including increased revenue resulting from the acquisition of GlobalLogic.」

「Revenue increased by 3% year on year to ¥976.6 billion, owing mainly to growth in the Lumada business, including increased revenue resulting from the acquisition of GlobalLogic.」

「Revenue increased by 3% year on year to ¥442.8 billion, owing mainly to growth in the Lumada business.」

「Revenue from the Lumada business in the consolidated fiscal year accounted for 12.7% of total revenue of the Hitachi Group, or ¥1.11 trillion. In January 2020, Hitachi Vantara LLC, a U.S. company responsible for driving the Hitachi Group's digital businesses, including the Lumada business, globally, was reorganized. This was followed in November of the same year by the global launch of the Lumada Alliance Program, a partner program designed to accelerate open innovation aimed at enhancing social, environmental and economic value and quality of life. Furthermore, as described above, we aim to accelerate the digital transformation of social infrastructure worldwide by integrating Lumada with the services provided by GlobalLogic, which we announced the acquisition of in March 2021.」

「As a result of completing the series of procedures related to making Hitachi High-Tech a wholly owned subsidiary, the Company's ownership interest in Hitachi High-Tech reached 100% on 20 May 2020. The total consideration for the acquisition was ¥531.084 billion, and during the six-month period ended 30 September 2020, capital surplus and non-controlling interests decreased by ¥321.627 billion and ¥209.457 billion, respectively.」

「Revenue from the Lumada business in the consolidated fiscal year accounted for 12% of total revenue of the Hitachi Group, or ¥1.037 trillion. In January 2020, two U.S. subsidiaries of the Hitachi Group were integrated to establish a new company, Hitachi Vantara.」

「At a meeting of the Board of Directors held on 31 January 2020, the Company decided to launch a tender offer for the common shares of Hitachi High-Tech, a subsidiary of the Company belonging to the Hitachi High-Technologies segment, with the aim of establishing a measurement and analysis platform and strengthening Lumada.」

「Adjusted operating income increased by ¥9.0 billion year on year to ¥165.6 billion, despite an increase in strategic investment aimed at expanding the digital solutions business, owing mainly to higher revenue.」

「Adjusted operating income increased by ¥10.8 billion year on year to ¥109.1 billion, despite an increase in strategic investment aimed at expanding the digital solutions business, owing mainly to higher revenue.」

「We will further strengthen Lumada as a common platform and support the acceleration of customer innovation by serving as a bridge between the digital and physical worlds.」

「We will further strengthen our digital business by expanding co-creation with customers using OT × IT × products, based on the world-class IoT platform Lumada. At the same time, we will further expand Lumada's use cases and accelerate its global deployment.」

「While using Lumada, a platform for developing new solutions, we provide finely tailored services that help solve the increasingly complex challenges faced by society and customers.」

「To provide optimal solutions to customer challenges, the Group will establish a structure capable of providing finely tailored services suited to each customer's characteristics, while using its advanced IT and control technologies and outstanding products as a common foundation across the Group.」