Hitachi, Ltd. · TSE:6501

Hitachi — Corporate Update (June 2011)

62 slides from Hitachi's corporate update, Jun 10, 2011

  1. Slide 1: Form 6-K Hitachi, Ltd.

    Table of Contents FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of June 2011 Commission File Number 1-8320 Hitachi, Ltd. (Translation of registrant’s name into

  2. Slide 2: Contents of this Form 6-K

    Table of Contents This report on Form 6-K contains the following: 1. Press release dated June 9, 2011 regarding revisions of full-year business forecasts for fiscal 2011 2. Press release and presentation material dated June 9, 2011 regarding progress of “2012 Mid-term Management Plan”

  3. Slide 3: Signatures

    Table of Contents SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Hitachi, Ltd. (Registrant) Date June 10, 2011 By /s/ Toshiaki Kuzuoka Toshiaki Kuzuok

  4. Slide 4: Revisions of Full-Year Business Forecasts for Fiscal 2011

    Table of Contents FOR IMMEDIATE RELEASE Hitachi Announces Revisions of Full-Year Business Forecasts for Fiscal 2011 Tokyo, June 9, 2011 — Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced the following forecasts, which were undecided on May 11, 2011. 1. Revisions of Consolidated Interim Business F

  5. Slide 5: Cautionary Statement

    Table of Contents -2- 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 futur

  6. Slide 6: Cautionary Statement (continued)

    Table of Contents -3- • the possibility of disruption of Hitachi’s operations in Japan by earthquakes, tsunamis or other natural disasters, including the possibility of continuing adverse effects on Hitachi’s operations as a result of the earthquake and tsunami that struck northeastern Japan on Marc

  7. Slide 7: Supplementary Information on the Forecast for the Year ending March 31, 2012

    Table of Contents June 9, 2011 Hitachi, Ltd. Supplementary Information on the Forecast for the Year ending March 31, 2012 1. Summary (1) Consolidated Basis Fiscal 2009 Fiscal 2010 Fiscal 2011 (Forecast)*1 Six months ending September 30 (C)/six months ended Sep. 30, (A) (B) (B)/(A) (C) 2010 (D) (D)/(

  8. Slide 8: Consolidated Revenues by Business Segment

    Table of Contents -2- 2. Consolidated Revenues by Business Segment*5 (Billions of yen) Fiscal 2009 Fiscal 2010 Fiscal 2011 (Forecast) Six months ending September 30 (C)/six months ended Sep. 30, (A) (B) (B)/(A) (C) 2010 (D) (D)/(B) Information & Telecommunication Systems 1,705.5 1,652.0 97% 770.0 99

  9. Slide 9: Eliminations & Corporate Items, Total

    Eliminations & Corporate Items (105.4) (121.0) — Total 3,654.7 4,046.5 111% 4,400.0 109%

  10. Slide 10: Overseas Production and Capital Investment by Segment

    Table of Contents -3- 5. Overseas Production (Total Revenues of Overseas Manufacturing Subsidiaries)*6 Fiscal 2009 Fiscal 2010 (A) (B) (B)/(A) Overseas production (billions of yen) 2,182.4 2,487.0 114% Percentage of revenues (%) 24 27 — Percentage of overseas revenues (%) 60 61 — *6 Figures in table

  11. Slide 11: Consolidated R&D Expenditure by Business Segment

    Table of Contents -4- 8. Consolidated R&D Expenditure by Business Segment*5 (Billions of yen) Fiscal 2009 Fiscal 2010 Fiscal 2011 (Forecast) (A) (B) (B)/(A) (C) (C)/(B) Information & Telecommunication Systems 82.2 79.5 97% Power Systems 17.6 16.4 93% Social Infrastructure & Industrial Systems 19.9 2

  12. Slide 12: Consolidated Balance Sheets by Financial and Non-Financial Services

    Table of Contents -5- 9. Consolidated Balance Sheets by Financial and Non-Financial Services*6 (Billions of yen) As of March 31, 2011 Manufacturing, Services Financial and Others Services Total*7 Current assets 4,302.1 940.0 4,900.0 Cash and cash equivalents 533.6 108.8 554.8 Trade receivables 1,770

  13. Slide 13: Statements of Operations and Cash Flows by Financial and Non-Financial Services

    Table of Contents -6- 10. Consolidated Statements of Operations by Financial and Non-Financial Services*6 (Billions of yen) Fiscal 2010 Manufacturing, Services Financial and Others Services Total*7 Revenues 9,112.6 372.9 9,315.8 Operating income 431.7 14.2 444.5 Income before income taxes 419.7 13.9

  14. Slide 14: Information & Telecommunication Systems

    Table of Contents -7- 12. Information & Telecommunication Systems (1) Revenues and Operating Income*8 (Billions of yen) Fiscal 2009 Fiscal 2010 Fiscal 2011 (Forecast) Six months ending September 30 (C)/six months ended Sep. 30, (A) (B) (B)/(A) (C) 2010 (D) (D)/(B) Revenues 1,705.5 1,652.0 97% 770.0

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  16. Slide 16: Hitachi Announces Progress of 2012 Mid-term Management Plan

    Table of Contents FOR IMMEDIATE RELEASE Hitachi Announces Progress of “2012 Mid-term Management Plan” Tokyo, June 9, 2011 — Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced a progress of its management plan “2012 Mid-term Management Plan” to promote “Growth Driven by Social Innovation Business” &

  17. Slide 17: Outlook of Overseas Revenue Ratio and Global Growth Strategy

    Table of Contents -2- 2. Outlook of Overseas Revenue Ratio (1) Aim to achieve an overseas revenue ratio of more than 50% in FY2012 (2) Personnel Organization FY2010 Results Results as of Reflecting HDD March 31, 2011 business transfer FY2012 Targets Head count in Japan 216 k 215 k 215 k Head count o

  18. Slide 18: Focusing Business Resources and Strengthening the Business Structure

    Table of Contents -3- 4. Focusing Business Resources and Strengthening the Business Structure (1) Focusing Business Resources a. Continue to conduct business portfolio realignment b. Capex and strategic investments - Concentrate investments from FY2010 to FY2012 - Total amount, including investment

  19. Slide 19: Global Human Capital and FY2012 Targets Update

    Table of Contents -4- c. Global Human Capital - Talent management to realize Hitachi’s targeted value Realize global growth as “One Hitachi”. - Rebuild Hitachi Group’s entire human capital platform * Establish “Global Human Capital Division” [July 2011] * Create a human capital database covering all

  20. Slide 20: Cautionary Statement

    Table of Contents -5- 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 futur

  21. Slide 21: Cautionary Statement (continued)

    Table of Contents -6- • uncertainty as to the success of alliances upon which Hitachi depends, some of which Hitachi may not control, with other corporations in the design and development of certain key products; • uncertainty as to Hitachi’s access to, or ability to protect, certain intellectual pr

  22. Slide 22: Progress and Prospects of 2012 Mid-term Management Plan

    Table of Contents 2012 Progress June Hiroaki Hitachi, President © Hitachi, 9, Mid-term 2011 Nakanishi Ltd. and Ltd. Prospects Management 2011. All rights Plan reserved.

  23. Slide 23: Contents

    Table of Contents 2012 Progress 1. Contents 2. 3. 4. 5. © Opening Progress Global Focusing FY2012 Hitachi, Mid-term and Growth Ltd. Targets Overview Business Prospects Management 2011. Strategy Update Resources All rights forPlan Social reserved. and Strengthening Innovation 2 Business the Business

  24. Slide 24: Contents

    Table of Contents 2012 Progress 1. Contents 2. 3. 4. 5. © Opening Progress Global Focusing FY2012 Hitachi, Mid-term and Growth Ltd. Targets Overview Business Prospects Management 2011. Strategy Update Resources All rights forPlan Social reserved. and Strengthening Innovation 3 Business the Business

  25. Slide 25: Recovery Responses from the Great East Japan Earthquake: Production Recovery

    Table of Contents Assistance 1-1. Support Restoration Production Supplying Restoring Resumed Implementing Establish Leverage Strengthen Secure Build © Hitachi, for a facilities framework Recovery for aour production damaged materials Ltd. and global risk-resilient resumption disaster-affected ofown

  26. Slide 26: Recovery Responses: Power Supply and Infrastructure Recovery

    Table of Contents *© Assistance 1-2. Hitachi Ensuring Gas •Dispersed Recovering Pumps Securing Solar Power Large-scale Fromturbines forpower and is Recovery supply Business Hitachi,information power doing power and power recoveryliving Ltd.Generators distributed generation Responses facilities suppl

  27. Slide 27: Recovery Responses: Business Continuity and Social Innovation Focus

    Table of Contents Assistance 1-3. Safe, Ensure Contribute Leverage Adhere Focus © Hitachi, for secure business urban power to Recovery Hitachi’s Ltd. and toand functions creation and Responses resources 2011. active from accelerate strengths All ofregional the and sustainable rights onGreat lifeline

  28. Slide 28: Progress and Overview

    Table of Contents 2012 Progress 1. Contents 2. 3. 4. 5. © Opening Progress Global Focusing FY Hitachi, Mid-term 2012 and Growth Ltd. Overview Targets Business Prospects Management 2011. Strategy Update Resources All rights forPlan Social reserved. and Strengthening Innovation 7 Business the Business

  29. Slide 29: Progress Overview: Financial Results

    Table of Contents 2-1.Progress Operating Revenues Net D/E Total Stockholders’ ¥8,968.5 FY2009 ¥202.1 (2.3%) (¥106.9 1.38 ¥9,315.8 FY2010 14.3% ¥444.5 (4.8%) ¥238.8 *1.03 15.7% © Including Hitachi, income ratio* times Hitachi, billion billion) billion income Ltd. noncontrolling (loss) Overview equity

  30. Slide 30: Progress Overview: FY2011 Forecasts

    Table of Contents *© 2-2.Progress Operating Revenues Net FY2011 ¥9,500 ¥400 (4.2%) ¥200 Earthquake Difficulties Condition Restoration income Expectbillion billion toIncludes Forecasts* Hitachi, income of seeprocuring effects expenses attributable Overview power Ltd. impact (ratio) an2011. utilities

  31. Slide 31: FY2011 Forecasts by Business Segment

    Table of Contents 2-3.Progress (Billion Information Power Social Consumer Financial Eliminations Others 810.0 1,700.0 Revenues Total 9,500.0 (1,340.0) Operating YoY 400.0 (68.0) 29.0 5.0 23.0 20.0 86.0 64.0 52.0 46.0 10.0 +6.0 +1.5 +1.4 0.0 +8.7 (9.9) © Hitachi, -(44.5) 103% +11.3 +14.7 (31.7) 1,170

  32. Slide 32: FY2012 Financial Targets

    Table of Contents 2-4.Including Achieve FY2012 Operating Revenues Net D/E Total ¥10,000 Over Consistently 0.8 *1 *2 Includes times income Progress ratio*2 5% Hitachi, billion Targets*1 mid-term or income attributable impact below generate noncontrolling Overview Ltd. (ratio) plan stockholders’ 20% o

  33. Slide 33: Outlook for Overseas Revenue Ratio

    Table of Contents 2-5. Aim Revenues China [[14] [8] Headcount Asia Japan [16] Overseas Emerging 46% Europe *North ]:Hitachi, 43% %Progress to Over and FY2012 © ratio [54] America [57] achieve [9] Includes Others Europe [13] by countries 50% China [13] FY2010 JapanRegion Overview revenue Ltd. anreven

  34. Slide 34: Global Growth Strategy for Social Innovation Business

    Table of Contents 2012 Progress 1. Contents 2. 3. 4. 5. © Opening Progress Global Focusing FY2012 Hitachi, Mid-term and Growth Ltd. Targets Overview Business Prospects Management 2011. Strategy Update Resources All rights forPlan Social reserved. and Strengthening Innovation 13 Business the Business

  35. Slide 35: Social Innovation Business: Targeted Value

    Table of Contents 3-1. Develop Offer Refine Value Advanced Trustworthiness © Hitachi, Social products, created that based systems products lasts technologies Ltd. Innovation onand our for to services 2011. and and shared meet future role reliability All services Business changing and and with rights

  36. Slide 36: Social Innovation Business: Focused Business Areas

    Table of Contents 3-2. Social Industrial, Eco-cities Cloud Green Data Storage Information Telecommunication © Hitachi, Social centers mobility computing Innovation Smart Water Transportation Ltd. Innovation and Energy grids Consulting 2011. treatment machinery Business Systems (Thermal, All Business

  37. Slide 37: Hitachi's Strengths: Group Value Chain Collaboration

    Table of Contents 3-3. Hitachi’s Industrial, Information Key Power Collaboration Materials Metals •Cables Chemicals ©Antennas Simulation MONOZUKURI Business Motor Materials Hitachi, Social Devices Systems Motors •materials Cables Materials Social Business Transportation cooperation Ltd. for Innovati

  38. Slide 38: Global Growth Strategy

    Table of Contents (1) 3-4. (2) (3) © Global Promote Strengthen Rigorously Grasp local Growth Expand Hitachi, Ltd. and project develop values, new 2011. Strategy expand business control standards All glocalization a businesses moreopportunities center market-centric and rights via risks local under i

  39. Slide 39: New Globalization Plan

    Table of Contents 3-5. New Designate Cultivate Apply 11 •Americas FY2010 1.9 (Trillion Develop Americas, Local Planning, India Japan China Europe Expand Strengthen Enhance ©Vietnam Turkey Indonesia China India Saudi Brazil Central Russia South Egypt Hitachi, key 2.5 Promote Globalization Southeast l

  40. Slide 40: Market-centric Regional Glocalization

    Table of Contents 3-6. Market-centric Elevator Expand Shanghai Japan Development Southeast Middle Strengthen Conduct Promote China: U.S.: Europe: Asia: Automotive Businesses [Regional © Hitachi, Promote Storage Software, China Expand Smart East business Advanced and market-oriented R&D elevator Asia

  41. Slide 41: Glocalization: Power Systems and Infrastructure Businesses

    Table of Contents *© Hitachi, 3-7. Grasp Thermal Established generating Joint Coal-fired 10-Year China 70 Source: Generators Railway Move Leverage Rendering Construction –– Middle [Established Southeast [Invest GW/year Expand Promote ventures rolling local to East, Hitachi Demand Intercity infrastru

  42. Slide 42: Glocalization: Smart Grids, Water and Industrial Opportunities

    Table of Contents *© 3-8. [Government Sino-Singapore Began Rendering Dalian Areas Guangzhou Developing SmartExpand of city grid receiving City [Mitsubishi Aim Business Industrial [Mayekawa Strategic [Agreement Mayekawa Middle [Plan FY2011] Hitachi, toto Home recycling Hydroelectricbusiness of projec

  43. Slide 43: Growth in Information and Cloud Businesses

    Table of Contents 3-9. –Business Financial Intelligent Provide Highly Security Fusion Growth Record (18% U.S.: Strengthen (China, Expand Apply Promote © Create Hitachi, Expand Acquired up to of reliable revenue India, highly of advanced Green safe, YoY, smart mission-critical growth Next-generation

  44. Slide 44: Water, Environment and Rare-earth Businesses

    Table of Contents 3-10. Contribute Water Become Active Introduce Maldives/Male Facility Operational Enter Industrial Highly Hitachi’s (Collaboration Basic Battery Long-lasting Response Develop Commercialize © Hitachi, Expand water design environment participation efficient business management the ra

  45. Slide 45: Healthcare and New Businesses

    Table of Contents 3-11. Rendering Begin Diagnosis Hitachi Clinical MD Proton Treatment U.S.: Contribute Corporate Expand Strengthen Information, *1: *2: System Positron Anderson Expand MD construction beam Medical High-Technologies and chemistry, Anderson Healthcare Made of to services Collaboration

  46. Slide 46: Focusing Business Resources and Strengthening the Business Structure

    Table of Contents 2012 Progress 1. Contents 2. 3. 4. 5. © Opening Progress Global Focusing FY2012 Hitachi, Mid-term and Growth Ltd. Targets Overview Business Prospects Management 2011. Strategy Update Resources All rights forPlan Social reserved. and Strengthening Innovation 25 Business the Business

  47. Slide 47: Focusing Resources: Portfolio Realignment

    Table of Contents 4-1. Strengthening Hitachi 2010/12 2011/10 2010/10 Engineering Services (Formation Restructured 2011/4 Integrated 2010/4 Transfer 2010/6 Agreed 2011/3 Actively Enhance Strengthen Selection FY2010 © Hitachi, Focusing to Consulting Agreement 2010/12 FY2011 of merged management promot

  48. Slide 48: Capex and Strategic Investments

    Table of Contents (1) 4-2. Continue Total Focusing Promote (Billion FY2010 220.0 Investment Major *Restored Concentrate Informationtohealthcare concentrate Telecommunication Established Systems strengthen & Business earthquake-resistance Industrial amount, Investments yen) Business FY2011 M&As produ

  49. Slide 49: R&D Investments

    Table of Contents (2) 4-3. Continue Total 200.0 North LargeFocusing Allocate Energy Strategically Reorganized conduct Examples Global Social Information Environment Efficient Investment (Billion 230.0 FY2010 Utilization © Hitachi, to amount: 240.0 America:concentrate capacity, Innovation Regional Bu

  50. Slide 50: Summary of Investment Plan

    Table of Contents 4-4. Investment Capex ¥1.1 Expand 500 Social High F R&D ¥670 Conduct Billion Materials yen Information 200 200.0 Platforms 240.0 120% 300 Power 100 0& ©Y2010 FY2010 Hitachi, Components 480.0 & Focusing trillion Functional billion Investment Infrastructure Industrial and Systems and

  51. Slide 51: Cost Structure Reform: Hitachi Smart Transformation Project

    Table of Contents *© Hitachi, 4-5. Transform Conduct Launched (Appointed Optimally Expand FY2009 Centralized Improve Strengthening centralized Chief FY2010 operational company-wide “Hitachi locate cost CTrO*, purchasing Ltd.Transformation structure and FY2012 the Smart 2011.purchasing established ef

  52. Slide 52: Reinforce Financial Position

    Table of Contents 4-6. Improve Expand to via Consistently net Hitachi, 200 Strengthen Raise Reduce Total *Including © Hitachi, improve “Hitachi income billion Strengthening Hitachi, nettotal strong Ltd. profitability income Ltd. cost financial noncontrolling operating yen attributable Smart generate

  53. Slide 53: Global Human Capital Strengthening

    Table of Contents *© Hitachi, 4-7. Talent Realize Recruitment Recruit Strengthen Optimally Deployment Provide Accelerate Compensation Evaluation Continuously Development Comprehensive Rebuild Establish Create Strengthening management aglobal human employees global young Hitachi University human glob

  54. Slide 54: Value Creation and CSR

    Table of Contents *© Hitachi, 4-8. Realize Value Create Contribution Help Contribute Develop Greenification, Science Strengthening reduce created both Hitachi education, Products young tosocial annual Ltd.to regional and environmental leaders Environment Target that shared and the IT 2011.CO2educati

  55. Slide 55: FY2012 Targets Update

    Table of Contents 2012 Progress 1. Contents 2. 3. 4. 5. © Opening Progress Global Focusing FY2012 Hitachi, Mid-term and Growth Ltd. Targets Overview Business Prospects Management 2011. Strategy Update Resources All rights forPlan Social reserved. and Strengthening Innovation 34 Business the Business

  56. Slide 56: Business Prospects: Power Systems

    Table of Contents 5-1. Market Business •Low Renewable Nuclear Support Respond Thermal Quickly Accelerate Stabilize Provide (Wind, ©With Healthy Expanding Hitachi, FY2012 Thermal some solar, Trends total power countermeasures restore power power to field demand Ltd. global Energy nuclear exceptions,

  57. Slide 57: Business Prospects by Business Segment

    Table of Contents 5-2. Social, 22% (Billion 676.4 •800.0 © Power Revenues 870.0 1,100.0 500 Information Overseas 35% 2,000 0F 1,000 Y2010 Industrial Rail Hitachi FY2010 Hitachi, Total FY2012 29% 24% 813.2 1,750.0 Systems Systems—Business Industrial yen) FY2012 Plant Industrial revenue of (Billion Re

  58. Slide 58: Operating Income Ratio Targets by Segment

    Table of Contents 5© 5-3. FY2010 Operating (Billion Construction All & [Operating profitable % Equipment Social over 4.8 2.3 segments FY2012 FY2009 FY2012 yen) Actual Target Information Arrows High Systems Consumer 5.0Hitachi, total Innovation Operating 5% income income &Targets Functional point Tel

  59. Slide 59: FY2012 Targets Update

    Table of Contents 5-4. Achieve Operating Revenues Net D/E Total FY2011 ¥9,500 (4.2%) ¥200 FY2012 ¥10,000 Over Consistently 0.8 *1 20% *2 © Hitachi, Includes Including times income FY2012 ratio*2 5% billion Hitachi, ¥400 billion Forecasts*1 billion Targets*1 Mid-term or income Ltd. attributable impac

  60. Slide 60: Toward Next Growth Through Social Innovation Business

    Table of Contents 5-5. FY2012 Toward Deepen Focus Conduct Strengthen Upgrade Global Challenge Respond 39 business Fusion Next global continuous global totofinancial society’s move Targets Targets Environment growth resources human forward portfolio base Update needs strategy capital onthrough into t

  61. Slide 61: Cautionary Statement

    Table of Contents Cautionary Certain management’s “expect,” information “forward-looking only •Factors industrial makes losses particularly timely which aluminum negative its strengthen Japan, contract of rights, or operations Japan as The materials © economic Hitachi, long-term certain its to strat

  62. Slide 62: Hitachi Inspire the Next

    Table of Contents Hitachi Inspire the next

Hitachi — Corporate Update (June 2011) on 6ix