# Who are Hitachi Construction Machinery's customers? Who does Hitachi Construction Machinery earn revenue from?
Canonical: https://valuechain.wiki/hitachi-construction-machinery · Facet: customers · Updated: 2026-10-30T17:23:14.566+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Hitachi Construction Machinery discloses no named confirmed revenue counterparties; 3 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 3 revenue edges, backed by 9 dated sources, 3 of them primary filings (as of 2026-10-30).

### 글로벌 건설·광산 고객 (high)
- metric: Revenue ¥698.1B · FY2026 H1 · consolidated revenue
- note: Sells excavators, mining equipment, parts and services worldwide. FY2026 first-half consolidated revenue reached a record JPY 698.076 billion, up 6.7% year on year.
- [confirms] Hitachi Construction Machinery (EN, filing, published 2026-10-29) https://www.hitachicm.com/content/dam/hitachicm/global/en/ir/library/results/docs/20261029-HCM-Financial-E.pdf: "First-half consolidated revenue was JPY 698.076 billion, up 6.7%, supported by parts and service growth and yen depreciation."
- [confirms] Kikai News (JA, news, published 2026-10-29) https://kikai-news.net/2026/10/29/%E6%97%A5%E7%AB%8B%E5%BB%BA%E6%A9%9F%E3%80%8126%E5%B9%B44%EF%BD%9E9%E6%9C%88%E5%A3%B2%E4%B8%8A%E5%8F%8E%E7%9B%8A%E3%81%AF6-7%E5%A2%97%E3%81%AE6980%E5%84%84%E5%86%86%E3%80%8127%E5%B9%B43%E6%9C%88/: "First-half consolidated revenue was JPY 698.076 billion, up 6.7%, supported by parts and service growth and yen depreciation."
- [confirms] Simply Wall St (KO, analysis, published 2026-08-13) https://simplywall.st/ko/stocks/jp/capital-goods/tse-6305/hitachi-construction-machinery-shares/news/f0b66e2cc37c438a/amp: "Q1 revenue was JPY 329.13 billion and net income was JPY 28.037 billion."
- [confirms] Hitachi Construction Machinery (EN, filing, published 2026-07-30) https://www.hitachicm.com/content/dam/hitachicm/global/en/ir/library/results/docs/20260730-HCM-Financial-E.pdf: "Q1 consolidated revenue reached JPY 329.13 billion, up 7.5% year on year."

### 아시아·오세아니아 고객 (high)
- metric: Revenue ¥249.7B · FY2026 H1 · Asia and Oceania external revenue
- note: Mining demand in Oceania and construction demand across India and Asia make this the largest regional revenue pool. FY2026 first-half Asia and Oceania revenue rose 14.9% to JPY 249.724 billion, 35.8% of total.
- [confirms] Hitachi Construction Machinery (EN, filing, published 2026-10-29) https://www.hitachicm.com/content/dam/hitachicm/global/en/ir/library/results/docs/20261029-HCM-Financial-E.pdf: "Asia and Oceania revenue rose 14.9% to JPY 249.724 billion and represented 35.8% of consolidated revenue."
- [confirms] Kikai News (JA, news, published 2026-10-29) https://kikai-news.net/2026/10/29/%E6%97%A5%E7%AB%8B%E5%BB%BA%E6%A9%9F%E3%80%8126%E5%B9%B44%EF%BD%9E9%E6%9C%88%E5%A3%B2%E4%B8%8A%E5%8F%8E%E7%9B%8A%E3%81%AF6-7%E5%A2%97%E3%81%AE6980%E5%84%84%E5%86%86%E3%80%8127%E5%B9%B43%E6%9C%88/: "Asia and Oceania revenue rose 14.9% to JPY 249.724 billion and represented 35.8% of consolidated revenue."
- [confirms] Hitachi Construction Machinery (EN, filing, published 2026-07-30) https://www.hitachicm.com/content/dam/hitachicm/global/en/ir/library/results/docs/20260730-HCM-Financial-E.pdf: "Asia and Oceania revenue was JPY 114.833 billion, or 34.9%."

### 이토추상사 (high)  → /itochu.md
- metric: Market share 33.4% · FY2026 Q1 · ITOCHU consolidated ownership
- note: ITOCHU increased its ownership through HCJI and Citrus from 20.4% to 33.4% in Q1 2026, investing JPY 134.1 billion.
- [confirms] ITOCHU (EN, filing, published 2026-08-03) https://www.itochu.co.jp/en/ir/download/__icsFiles/afieldfile/2026/08/03/27_1st_02_e_1.pdf: "Ownership rose from 20.4% to 33.4% with a JPY 134.1 billion investment."

### 히타치 (high)  → /hitachi.md
- metric: Market share 0% · 2026-08-19 · Hitachi Construction Machinery voting rights after full disposal
- note: Hitachi sold its remaining 10.1% voting stake on August 19, 2026, leaving 0% ownership. Business cooperation is expected to continue.
- [confirms] Hitachi Construction Machinery (EN, filing, published 2026-08-19) https://www.hitachicm.com/content/dam/hitachicm/global/en/pdf-news/press-releases/2026/20260819-HCM-Notice-E3.pdf: "The filing reports Hitachi voting rights falling from 10.1% to 0.0%."
- [confirms] Newspim (KO, news, published 2026-08-19) https://www.newspim.com/news/view/20260819000912: "Newspim reports Hitachi sold its entire remaining stake in Hitachi Construction Machinery."
- [confirms] Hitachi Construction Machinery (EN, filing, published 2026-03-31) https://www.hitachicm.com/global/en/ir/stock-and-bond/information/: "Hitachi held 39.062 million HCM shares, or 18.36%, at March 31, 2026."
- [confirms] Hitachi, Ltd. (EN, filing, published 2026-01-29) https://www.hitachi.com/New/cnews/month/2026/01/260129/2025_3Q.pdf: "The sale of 15 million shares reduced ownership from 25.4% to 18.4%, and HCM ceased to be an equity-method associate."
- [confirms] Hitachi Construction Machinery (EN, filing, published 2025-09-30) https://www.hitachicm.com/content/dam/hitachicm/global/en/sustainability/download/docs/ir2025/all-version-pdf/ir2025_all_en.pdf: "Hitachi, Ltd. held 54.062 million shares, or 25.42%."

### Whitehaven Coal (mid)
- metric: equipment deliveries 90 machines · through June 2025 · cumulative Hitachi machines delivered to Whitehaven sites in NSW and Queensland
- note: Hitachi Construction Machinery Australia supplies mining excavators, trucks, parts and service to Whitehaven. Whitehaven directly confirmed a new EX5600-7 at Daunia in June 2025. The report of more than 90 machines covers cumulative deliveries across sites, not current operating fleet or revenue. The 2018 count of 57 was a Maules Creek observation.
- [confirms] Whitehaven Coal (EN, ir, published 2025-06-05) https://www.linkedin.com/posts/whitehaven-coal_the-daunia-mine-team-is-excited-to-get-to-activity-7336180044374953984-YaKo: "Whitehaven said its new Hitachi EX5600-7 excavator at Daunia was assembled with Hitachi Construction Machinery Australia ahead of commissioning."
- [confirms] Australian Mining Review (EN, news, published 2025-06-01) https://australianminingreview.com.au/issue/2025/06/providing-reliable-solutions-to-whitehaven/: "The June 2025 feature reports more than 90 Hitachi machines delivered to Whitehaven sites in NSW and Queensland."
- [confirms] Cummins (KO, ir, published 2023-12-18) https://www.cummins.com/kr-kr/case-studies/cummins-repowers-project-slashes-costs-whitehaven-coal: "Cummins’ Korean case study describes repowering five Whitehaven Hitachi EH3500 trucks and a 32,000-hour refurbishment by Hitachi."
- [confirms] Whitehaven Coal (EN, filing, published 2020-12-10) https://whitehavencoal.com.au/wp-content/uploads/2020/12/WHC_Investor_Briefing_Presentation.pdf: "Whitehaven’s December 2020 investor briefing lists five Hitachi EX8000 excavators and 45 EH5000 trucks in the Maules Creek overburden fleet."
- [confirms] Hitachi Construction Machinery (EN, ir, published 2018-04-14) https://www.hitachicm.com/us/en/news/2018/4-14-2018/: "Hitachi Construction Machinery reported 57 units delivered to Whitehaven at Maules Creek by April 2018."

Reverse side: https://valuechain.wiki/hitachi-construction-machinery/suppliers.md · Ripple: https://valuechain.wiki/hitachi-construction-machinery/ripple.md

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