What is Hitachi doing in Ukraine?

Tokyo, March 10, 2022 – Hitachi Group considers the safety and health of all employees and their families as its top priority. In Ukraine, the company is engaged in various activities to realize this goal and hopes that peace will return as soon as possible. In Ukraine, there are engineering hubs of GlobalLogic, a U.S. subsidiary.

What is Hitachi energy?

Empowering the next wave of energy enthusiasts with education! Hitachi Energy in the US is advancing the world’s energy system to be more sustainable, flexible and secure.

How much of Hitachi's consolidated revenues are derived from GlobalLogic in Ukraine?

The revenues for which engineering hubs of GlobalLogic in Ukraine are involved in accounts for approx. 0.3% of Hitachi’s consolidated revenues forecast for the fiscal year ending March 2022.

How much of Hitachi's revenue comes from Russia?

The revenues in the Russian market accounts for approx. 0.5% of Hitachi’s consolidated revenues forecast for the fiscal year ending March 2022, 10 trillion yen, and more than a half of this is from revenues of construction machinery.

Will Russia-Ukraine situation affect Hitachi's consolidated earnings forecast?

There is not anticipated to be a significant impact on Hitachi’s consolidated earnings forecast for fiscal year ending March 2022 by the current Russia-Ukraine situation at this point. When it becomes certain that there is a significant impact on Hitachi’s future earnings, Hitachi will promptly disclose that.

Will Hitachi Group disclose a significant impact on its future earnings?

When it becomes certain that there is a significant impact on Hitachi’s future earnings, Hitachi will promptly disclose that. Tokyo, March 10, 2022 – Hitachi Group considers the safety and health of all employees and their families as its top priority.