ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Producer Manufacturing

Hitachi Construction Machinery Co., Ltd.

Business Summary

Hitachi Construction Machinery Co., Ltd. engages in the manufacture, sale, service, and rental of construction and industrial machinery. It operates through the Construction Machinery and Solution segments. The Construction Machinery segment includes mini, medium and large excavators; wheel loaders; demolition equipment; metal recycling equipment; forest machines; rigid dump trucks, compaction equipment; cranes & foundation machines; and double front work machine. The Solution segment covers the manufacture and sale of parts not included in the construction machinery business, and service sales. The company was founded in January 30,1955 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Gross Profit279,988M2,491.60M
Operating income93,518M832.21M
Income before tax104,645M931.23M
Net income75,826M674.77M
Diluted EPS356.573.17
Dividends Per Share1100.97
Total Assets1,437.41B11,842.71M
Total liabilities769,479M6,339.68M
Total equity611,608M5,038.99M
Operating cash flow39,317M349.88M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 959,153M 1,033.70B 931,347M 813,331M 1,024.96B
Gross Profit 263,837M 298,196M 250,757M 193,343M 279,988M
Operating income 93,582M 116,841M 76,618M 32,710M 93,518M
Income before tax 95,612M 102,702M 67,103M 24,150M 104,645M
Net income 60,004M 68,542M 41,171M 10,340M 75,826M
EBITDA 131,414M 153,795M 122,765M 82,887M 148,998M
Diluted EPS 282.16 322.31 193.60 48.62 356.57
Dividends Per Share 85 100 60 20 110
Total Assets 1,101.41B 1,198.29B 1,179.58B 1,242.13B 1,437.41B
Total liabilities 596,386M 655,637M 654,469M 673,575M 769,479M
Total equity 448,502M 486,407M 473,537M 513,602M 611,608M
Operating cash flow 84,528M -25,693M 22,682M 91,339M 39,317M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 8,654.08M 9,321.48M 8,566.01M 7,668.78M 9,121.08M
Gross Profit 2,380.50M 2,689.00M 2,306.32M 1,823.00M 2,491.60M
Operating income 844.35M 1,053.62M 704.69M 308.41M 832.21M
Income before tax 862.67M 926.12M 617.17M 227.70M 931.23M
Net income 541.39M 618.08M 378.66M 97.49M 674.77M
EBITDA 1,185.70M 1,386.85M 1,129.12M 781.52M 1,325.92M
Diluted EPS 2.54 2.90 1.78 0.45 3.17
Dividends Per Share 0.76 0.90 0.55 0.18 0.97
Total Assets 10,356.51M 10,826.20M 10,926.58M 11,241.00M 11,842.71M
Total liabilities 5,607.76M 5,923.44M 6,062.42M 6,095.70M 6,339.68M
Total equity 4,217.22M 4,394.51M 4,386.42M 4,647.98M 5,038.99M
Operating cash flow 762.66M -231.68M 208.61M 861.22M 349.88M

Valuation Measures

Mar 2022
Operating margin9.12%
Profit margin7.39%

Key executives

  • President, Chief Executive Officer & Director: Kotaro Hirano
  • Chief Financial Officer & Executive Officer: Keiichiro Shiojima
  • Chief Technology Officer: Eiji Fukumoto
  • Director & Chief Human Resources Officer: Seishi Toyoshima
  • Chief Marketing & Sales Officer & EVP: Yasushi Ochiai


  • HCJI Holdings Co., Ltd. (25.7%)
  • Hitachi Ltd. (25.1%)
  • Nomura Asset Management Co., Ltd. (5.6%)
  • Nikko Asset Management Co., Ltd. (2.9%)
  • Daiwa Asset Management Co. Ltd. (2.7%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.1%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (1.4%)
  • The Vanguard Group, Inc. (1.2%)
  • Hitachi Construction Machinery Co., Ltd. (1.1%)
  • BlackRock Fund Advisors (0.9%)

Contact Details

Related Companies

  • Eurasian Machinery LLP
  • Hitachi Construction Machinery Camino Co., Ltd.
  • Hitachi Construction Machinery Canada Ltd.
  • Wenco International Mining Systems Ltd. (Australia)
  • Hitachi Construction Machinery Middle East Corp. FZE
  • Hitachi Construction Machinery Holding U.S.A. Corp.
  • Hitachi Construction Machinery Eurasia Manufacturing LLC
  • Hitachi Construction Machinery (Mozambique) Ltd.
  • Hitachi Construction Machinery Eurasia Sales LLC
  • Hitachi Construction Machinery Zambia Co. Ltd.
  • Hitachi Construction Machinery Leasing (China) Co., Ltd.
  • Hitachi Aloka Medical Taiwan Ltd.
  • Hitachi Construction Machinery (Shanghai) Co., Ltd.
  • Hitachi Construction Machinery Japan Co., Ltd.
  • Hitachi Construction Machinery Africa (Pty) Ltd.
  • Hitachi Korea Ltd.
  • KCM Corp. (Hyogo)
  • Hitachi Construction Truck Manufacturing Ltd.
  • Hitachi Chemical Electronic Materials (Korea) Co., Ltd.
  • Hitachi Kenki Logistics Technology Co., Ltd.
  • PT Hitachi Construction Machinery Indonesia
  • Niigata-Material Co., Ltd.
  • Hitachi Construction Machinery Tierra Co., Ltd.
  • Hitachi Construction Machinery (China) Co., Ltd.
  • Wenco International Mining Systems Ltd.
  • Shin Tohoku Metal KK
  • Hitachi Construction Machinery Asia & Pacific Pte Ltd.
  • H-E Parts International LLC
  • Hitachi-Furukawa Loaders Europe SAS
  • Hitachi Construction Machinery Loader Co., Ltd.


  • CNH Industrial NV
  • Deere & Company
  • Caterpillar Inc.
  • Inner Mongolia North Hauler Joint Stock Co., Ltd Class A
  • Zoomlion Heavy Industry Science & Technology Co. Ltd. Class H
  • Ferreycorp SA
Last Updated on 27 Jan, 2023

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more