Outline of 2015 Mid-term Management Plan (Fiscal 2013 – Fiscal 2015)
Management Focus

Achieving Growth and Hitachi’s Transformation
Deliver innovation to customers and society globally• Enhance engineering teams to strengthen

EMEA
CIS

solutions-provision structure and accelerate

Chinaglobal business initiatives• Sales growth in North America and China

GLOBAL

Americasin addition to Asia
• Globalization of management and use

Japanof global resources in R&D
Asia
Pacific

Promote Social Innovation
Business Globally

Strengthen service businesses
that maximize the utilization ofIT and bring about innovation• Grow the Social Innovation Business by working
with customers to identify their challenges and byINNOVATION

providing innovative solutions• Strengthen and expand service businesses by
providing solutions for customers’ issues andproduct services

Transform to deliver innovation
by standardized and speedy
operation• Advancing the Hitachi Smart Transformation

TRANSFORMATION

Drive business growth by strengthening
the Social Innovation Business

Innovation
GlobalProject, a cost structure reform project (reevaluating

STP*1

operations to strengthen competitiveness andgenerate cash)• Leverage global talent to lead businesses

Investment• Cost structure reform• CCC*2 reforms• Establish
a business baseEarnings and cash
generation*1 STP: Hitachi Smart Transformation Project*2 CCC : Cash Conversion Cycle

6

Hitachi, Ltd. | Annual Report 2015

Fiscal 2015 Forecast
Revenues / Net income attributable
to Hitachi, Ltd. stockholders
Revenues

EBIT margin / Operating income margin

Net income attributable to Hitachi, Ltd. stockholders

EBIT margin

Operating income margin

Fiscal 2015

Fiscal 2015

Revenues(Revenues (IFRS))

Forecast

Initial target¥9.9 trillion(¥9.95 trillion)¥10 trillion

Net income attributable toOver ¥350.0¥330.0 billion
Hitachi, Ltd. stockholdersbillion(Net income attributable to(¥310.0 billion)
Hitachi, Ltd. stockholders (IFRS))¥9,041.0
billion¥9,563.7billion¥9,761.9billion¥9,900.0billion

EBIT margin(EBIT margin (IFRS))
Operating income margin(Adjusted operating incomemargin (IFRS))Over 7%

6.7%Over 7%(6.8%)

6.7%¥264.9billion¥241.3billionOver¥350.0billion¥330.0billion
0.3

FY2012
ResultInitial target

6.6%(6.2%)¥10 trillion
6.1%¥175.3billion

ForecastFY2013
ResultFY2014
ResultFY2015
Forecast

6.6%
4.7%

Over 7%

6.2%

5.6%

5.6%

FY2013ResultFY2014
ResultOver 7%4.0%
FY2015Initial Target

FY2012
Result

FY2015
Forecast

FY2015Initial Target(U.S. GAAP)(U.S. GAAP)Net income attributable to Hitachi, Ltd.
stockholders per share

Stockholders’ equity ratio(Manufacturing, Services and Others)

Fiscal 2015

Net income attributable to Hitachi,Ltd. stockholders per share(Earnings per share attributableto Hitachi, Ltd. stockholders,
basic (IFRS))

Forecast

Initial target¥68.3

Over ¥70(¥64.2)

¥68.3
¥54.9

Fiscal 2015
Forecast

Initial target

Stockholders’ equity ratio(Manufacturing, Services and Others)

29.0%Over 30%(Total Hitachi, Ltd. stockholders’equity ratio (Manufacturing,Sergvices and Others) (IFRS))(29.0%)

Over ¥70¥50.0¥37.3

27.4%

27.3%

FY2013Result

FY2014
Result29.0%Over 30%

23.2%

FY2012
Result

FY2013Result

FY2014
Result(U.S. GAAP)FY2015
Forecast

FY2015Initial Target

FY2012
Result

FY2015
Forecast

FY2015Initial Target(U.S. GAAP)
7