Hitachi: Investor Day 2026 Preview

研报英文原文证据摘录

Hitachi: Investor Day 2026 Preview

Idea

May 27, 2026 12:27 PM GMT

Morgan Stanley MUFG Securities Co., Ltd.+MHitachi (6501) | Japan Kazuo Yoshikawa, CFA

Equity Analyst

Investor Day 2026 Preview Kazuo.Yoshikawa@morganstanleymufg.comMorgan Stanley Asia Limited+ +81 3 6836-8408

Lisa Jiang

We will focus on initiatives to strengthen Connective Industries’ Equity Analyst

Lisa.Jiang1@morganstanley.com +852 2239-1282

global No.1 products and promote cross-sector data integration.

Morgan Stanley MUFG Securities Co., Ltd.+

Remain EW: Hitachi’s earnings are likely to continue delivering beat-and-raise, led by Daisuke Horiuchi

Research Associate

the Energy sector. However, buy-side expectations are already high, and we see the Daisuke.Horiuchi@morganstanleymufg.com +81 3 6836-5428

risk-reward as balanced.

Hitachi is scheduled to hold Hitachi Investor Day 2026 on June 10.

Reviewing past Investor Days: In each year from 2021 to 2025, Hitachi’s share price

slightly underperformed TOPIX in the five trading days following Investor Day

(Exhibit 1). While initiatives toward becoming a digital-centric company were well Hitachi (6501.T, 6501 JP)

received by investors, they were largely based on already-announced mid-term plans Conglomerates | Japan

and did not deliver meaningful surprises. Stock Rating Equal-weight

Industry View No Rating

Price target ¥5,200

This year’s focus on CI and cross-sector data integration: At the briefing on April Up/downside to price target (%) 5

27, President Tokunaga stated that details would be explained at Investor Day, Shr price, close (May 27, 2026) ¥4,960

Mkt cap, curr, basic (bn) ¥22,515.0

highlighting (1) strengthening global No.1 or category-leading products within the CI Div yld (03/27e) (%) 1.1