Investor Presentaiton
Appendix 1: Progress in 2021 Mid-term Management Plan
HITACHI
Inspire the Next
Unit: billion yen
FY2019
FY2020
YOY
YOY
FY2021
Forecasts
(as of June 2021)
YOY
Targets
(announced on IR Day
Change from
previous targets
in June 2019)
Revenues
867.8
94%
858.1
99%
880.0
103%
1,000.0
88%
Overseas revenues ratio
21%
Down 8.2 points
24%
Up 3.1 points
24%
Up 0.4 points
30%
Down 6.0 points
Adjusted op. income
57.9
Up 33.8
48.6
Down 9.2
72.0
Up 23.4
91.0
Down 19.0
Adjusted op. income ratio
EBIT*1
6.7%
Up 4.1 points
5.7%
Down 1.0 points
8.2%
Up 2.5 points
9.1%
Down 0.9 points
60.9
Up 38.5
45.4
Down 15.5
62.0
Up 16.6
86.0
Down 24.0
EBIT ratio
7.0%
Up 4.6 points
5.3%
Down 1.7 points
7.0%
Up 1.7 points
8.6%
Down 1.6 points
EBITDA *² ratio
9.6%
Up 5.3 points
8.2%
Down 1.4 points
9.4%
Up 1.2 points
ROIC (Return on Invested Capital)
8.6%
Down 0.7 points
6.1%
Down 2.5 points
8.7%
Up 2.6 points
10.8%
Down 2.1 points
FY2020
Outlook for FY2021
⚫ Financial results
•
•
•
Revenues: Took new normal-conscious measures to offset a decline in revenues
attributable to the COVID-19 pandemic
Adjusted operating income: Took new normal-conscious fixed cost reduction measures
ROIC: Deteriorated due to a decrease in adjusted operating income and an increase in
invested capital
• Achievements
.
•
A shift to the digital solution business, the reallocation of resources to growing and
solid business areas, and establishment of a structure in which revenues are secured
mainly through the improvement of SI productivity even amid the COVID-19 pandemic
Decisive implementation of structural reforms and preparation for the next growth
stage (creating the Next-Generation Platform Development Center)
*1 Earnings before interests and taxes, *2 Earnings before interests, taxes, depreciation and amortization
⚫ Financial results
.
•
.
Revenues: Expected to increase by 3%, partly reflecting the continuing impact of
the COVID-19 pandemic
Adjusted operating income: Expected to increase due to the optimization of fixed
costs and improvement of productivity, and other measures
ROIC: Expected to improve with an increase in adjusted operating income
• Issues
•
•
.
Expansion of the robotic SI business
Acceleration of scaling and further improvement of productivity
Strengthening of systems with an eye to accelerating global expansion and
becoming the global leader
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