# If Hitachi moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/hitachi · Facet: ripple · Updated: 2026-10-30T20:22:22.356068+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Hitachi is directly linked to 2 companies (0 supply, 0 revenue, 2 investment relationships) and reaches 4 companies within two hops; the links are backed by 20 dated sources, 8 of them primary filings (as of 2026-10-30).

Hitachi gained 54.8% in 2023 and 96% in 2024 as grid demand was priced early, then slowed to 26% in 2025 and 5.1% through October 30, 2026. FY2026 Q2 Energy revenue rose 28% and orders 47%; H1 Energy backlog reached JPY 10.5 trillion, 14% above the FY2025 year-end. Orders and revenue are currently stronger than the share-price clock. The planned $528 million Mississippi transformer factory is not current revenue because production is scheduled for 2029. Whitehaven equipment supply and autonomous-haulage work belong to Hitachi Construction Machinery, not Hitachi Ltd., which sold its final stake in August 2026. Delayed HVDC execution or capacity expansion would weaken the backlog-to-revenue thesis.

## Supply chain (benefiting)
- T1 Hitachi High-Tech (https://valuechain.wiki/hitachi-hightech.md)
- T1 Hitachi Construction Machinery (https://valuechain.wiki/hitachi-construction-machinery.md)
- T2 Itochu (https://valuechain.wiki/itochu.md)
- T3 Berkshire Hathaway (https://valuechain.wiki/berkshire-hathaway.md)
- T3 CITIC Limited (https://valuechain.wiki/citic-limited.md)
- T2 Cummins (https://valuechain.wiki/cummins.md)
- T3 United Rentals (https://valuechain.wiki/united-rentals.md)

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Full node: https://valuechain.wiki/hitachi.md · JSON: https://valuechain.wiki/hitachi.json