Hitachi, Ltd. · TSE:6501

Hitachi — Hitachi Ltd Ord — Q1 2025 Earnings Presentation

28 slides from Hitachi's earnings presentation, Jul 31, 2025

  1. Slide 1: Outline of Consolidated Financial Results for the First Quarter Ended June 30, 2025

    HITACHI Outline of Consolidated Financial Results for the First Quarter Ended June 30, 2025 [Fiscal 2025] Hitachi, Ltd. Senior Vice President and Executive Officer, CFO Tomomi Kato July 31st, 2025 ©ditachi, Ltd. 2025. All rights reserved

  2. Slide 2: Contents

    HITACHI Contents Key Messages Q1 FY2025 Results FY2025 Outlooks . Performance by Business Segment BWN = Appendices Hitachi, Ltd. 2025. All rights reserved

  3. Slide 3: Key Messages

    Key Messages 1. Q1 FY2025 Results v v HITACHI PG business of Energy sector and Railway business of Mobility sector performed strongly, with increased revenues and profits, despite FX impacts and U.S. reciprocal tariff impacts. Adjusted EBITA reached a record high received effect: c. +70 billion yen)

  4. Slide 4: +2.6 pts +0.1 pts +0.6 pts

    +2.6 pts ✓ +0.1 pts ✓ +0.6 pts ✓ ✓ ✓ +0.2 pts ✓ ✓ ✓ ： ✓

  5. Slide 5: Topics (U.S. Reciprocal Tariff Impacts)

    HITACHI Topics (U.S. Reciprocal Tariff Impacts) 1. Q1 FY2025 (Actual) Y Direct and indirect impact amounts (after offsetting effects of countermeasures): (2.5) billion yen in Adj. EBITA, (4.0) billion yen in Net Income ¥ Hitachi Energy implemented efforts to mitigate the direct impact on performance

  6. Slide 6: Contents

    HITACHI Contents Key Messages Q1 FY2025 Results FY2025 Outlooks . Performance by Business Segment BWN > Appendices 6 Hitachi, Ltd. 2025. All rights reserved

  7. Slide 7: Q1 FY2025 Highlights

    HITACHI Q1 FY2025 Highlights v The consolidated total business expanded, driven by strong demand for environmental solutions and equipment upgrades, particularly in the Energy and Mobility sectors. Revenues increased (YoY +5% excl. FX impact), and Adj. EBITA increased by 13.2 billion yen, resulting

  8. Slide 8: Revenue and Adj. EBITA bridges

    [YoY +5%] [YoY +2%] ⊕ ⊕ ⊖ ⊖ Q1 FY24 エナジー・・ 小計 為替影響 FY25 ・ モビリティ・他 Lower management platform renewal cost originally incurred (Excluding the above impact: (6.5) billion yen) [YoY +0.4 pts] ⊕ ⊕ ⊖ ⊖ Q1 FY24 ・ エナジー・ 戦略投資 小計 為替影響 米国関税影響 Q1 FY25 ・ モビリティ・他 FY24 Adj. EBITA 正味運転資金 CAPEX その他 FY25

  9. Slide 9: Financial Position and Cash Flows

    Financial Position and Cash Flows Summary of Consolidated Financial Position HITACHI As of As of Difference from Billions of yen March 31, 2025 June 30, 2025 March 31, 2025 Total assets 13,284.8 13,492.0 +207.1 Cash and cash equivalents 866.2 1,242.2 +375.9 Trade receivables and contract assets 3,49

  10. Slide 10: Regional Revenues in Q1 FY2025

    HITACHI Regional Revenues in Q1 FY2025 v The business in Europe expanded: Energy, driven by robust demand for transmission upgrades and connections to renewable energy sources, and Mobility, driven by the acquisition of Thales's railway signaling-related business and robust performance of signaling

  11. Slide 11: Impact of large projects and Thales railway acquisition

    ✓ ： ✓ ： ✓ ： ✓ ： Impact of large projects in Q1 FY2024 Impact of the acquisition of Thales's railway business

  12. Slide 12: Contents

    Contents Key Messages Q1 FY2025 Results FY2025 Outlooks . Performance by Business Segment BWN >? Appendices 2 HITACHI Hitachi, Ltd. 2025. All rights reserved

  13. Slide 13: FY2025 Highlights

    HITACHI FY2025 Highlights Amid growing uncertainty in the global economy triggered by the U.S. reciprocal tariffs policy, we expect the momentum of DX and GX demand expansion to remain unchanged in the mid-to-long term v Despite incorporating in increased strategic investments, FX impacts, U.S. tari

  14. Slide 14: FY2025 revenue and Adj. EBITA outlook bridges

    [YoY +6%] [YoY +3%] FY24 DSS・エナジー・ ・ ・ 小計 為替影響 FY25 モビリティ・他 ・ ・エナジー・ ・ 戦略投資 小計 為替影響 米国関税の 事業悪化リスク モビリティ・他 ・ 直接影響想定 リスク織り込み

  15. Slide 15: FY2025 Adj. EBITA and Core FCF bridges

    FY24 調整後営業利益 空調事業合弁会社 為替影響 左記以外の 米国関税の直接影響 FY25 の売却影響 (含、営業外損益) 営業外損益等 想定リスク織り込み FY24 Adj. EBITA 正味運転資金 CAPEX その他増減 FY25

  16. Slide 16: Contents

    Contents Key Messages Q1 FY2025 Results FY2025 Outlooks . Performance by Business Segment BWN >? Appendices 6 HITACHI Hitachi, Ltd. 2025. All rights reserved

  17. Slide 17: ± ± ± ± ± ± ± ± ± ± ± ± ± ±

    ± ± ± ± ± ± ± ± ± ± ± ± ± ± • ： • • ： • • ： • • ：

  18. Slide 18: Energy: Performance by Business Segment in FY2025

    HITACHI Energy: Performance by Business Segment in FY2025 Q1FY2025 FY2025 YoY vs Previous Forecasts Billions of yen Revenues Adj.EBITA Revenues Adj.EBITA Revenues A BITA Revenues Adj.EBITA Revenues A BITA Energy | 667.5 78.4 +8% | 414.5 | 2,840.0 346.0 +8% +1% +32.0 11.8% [413%] 41.5 pts 12.2% [413%

  19. Slide 19: excl. related cost) excl. related cost)

    ± • ： • ： excl. related cost) • ： excl. related cost)

  20. Slide 20: ± ± ± ± ± ± ± ± ± ± ± ± ± ±

    ± ± ± ± ± ± ± ± ± ± ± ± ± ± ± ± ± ± ± ± ± ± ± ± ± • ： • ： • ： • ： • ：

  21. Slide 21: Lumada Business

    Lumada Business HITACHI vY The Lumada business is expanding especially with Energy. The provision of digital services for digitized assets is progressing steadily across all sectors Q1FY2024 Q1FY2025 Lumada business revenue ratio 27% 41% 31% Lumada business Adj. EBITA margin 15% Lumada business reve

  22. Slide 22: Lumada business initiatives by sector

    ・Utilizing generative AI in modernization and migration initiatives in Front Business, and enhancing and streamlining customer management solutions in IT Services (*) ・Expanding the installed base for data center applications in Services & Platforms leads to the growth of Digitalized Assets ・For lar

  23. Slide 23: Contents

    Contents Key Messages Q1 FY2025 Results FY2025 Outlooks . Performance by Business Segment BWN > Appendices 23 HITACHI Hitachi, Ltd. 2025. All rights reserved

  24. Slide 24: Consolidated Total: Performance by Business Segment in FY2025

    HITACHI Consolidated Total: Performance by Business Segment in FY2025 vs Previous Forecasts +0% +0.0 +0.0 pts +1% +32.0 +1.0 pts +1% +1.0 +0.0 pts +0% +0.0 +0.0 pts +0% +0.0 +0.0 pts - (33.0) +0% +0.0 +0.0 pts Q1FY2025 YoY FY2025 YoY Billions of yen Revenues Adj.EBITA Revenues Adj.EBITA Revenues Adj

  25. Slide 25: Summary of Consolidated Statement of Profit & Loss

    Summary of Consolidated Statement of Profit & Loss HITACHI ae Q1FY2024 Q1FY2025 YoY FY2024 FY2025 YoY Billions of yen Revenues 2,211.4 2,258.3 +2% 9,783.3 10,100.0 +3% Adj. Operating Income 197.6 211.0 +13.3 971.6 1,005.0 +33.3 Acquisition-related amortization +26.6 +26.5 (0.1) +111.9 +105.0 (6.9) t

  26. Slide 26: Notes

    Notes 26 HITACHI Items Contents DSS / Cl Digital Systems & Services / Connective Industries Adj. EBITA Adj. operating income plus acquisition-related amortization Acquisition-related amortization Amortization and depreciation of intangible assets and other assets allocated from goodwill recognized t

  27. Slide 27: ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼

    ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼ ◼

  28. Slide 28: HITACHI

    HITACHI

Hitachi Ltd Ord — Q1 2025 Earnings Presentation on 6ix