On April 28, 2021, Hitachi, Ltd. announced the progress of its 2021 Mid-term Management Plan. After discussing synergies and other aspects of Hitachi's acquisition of U.S. IT company GlobalLogic, which is to be completed in July 2021, Toshiaki Higashihara, President & CEO of Hitachi, Ltd. said: "We will find solutions to the challenges of society by evolving Lumada and pursuing collaborative creation with customers."
On the same day, Hitachi’s consolidated financial results for the fiscal year ending in March2021 were also announced. It was revealed that net income (501.6 billion yen) and cashflow margin from operating activities (9.1%) reached record highs.
