Hitachi Construction Machinery

Hitachi Construction Machinery Global
Hitachi Construction Machinery
Hitachi Construction Machinery Global
  • About us
    Close
    About Us Top

    • Top Message

    • Mid-term Management Plan

    • Company Outline

    • History

    • Codes of Conduct

    • Directors and Executive Officers

    • Production Quality

    • Procurement

    • News

    • Publicity

    • Quick Review


  • Products
    Close

    Products Top

    Compact
    • Mini Excavators
    • Mini Wheel Loaders

    Construction
    • Hydraulic Excavators
    • Wheel Loaders
    • Compaction Equipment

    Mining
    • Large Hydraulic Excavators / Ultra-large Hydraulic Excavators
    • Rigid Dump Trucks

    Value Chain
    • Parts and Service
    • Used Equipment
    • Rental
    • Parts Remanufacturing

  • Solutions
    Close
    Solutions Top

    Solution Linkage
    • Autonomous Haulage System (AHS)

    • Fleet Management Systems

    • ICT construction

    • ConSite


  • Innovations
    Close
    Innovations Top

    • Future Construction Sites Envisioned by Hitachi Construction Machinery

    • Achieving Autonomous Operation at Mines

    • Developing an Autonomous Compaction System using a Vibratory Roller for Earthwork

    • Simulation Technology to Achieve Smart Product Development


  • Investor Relations
    Close
    Investor Relations Top

    • Management Information

    • Business Results & Financial Information

    • IR Library

    • To Individual Investors

    • Stock & Bond Information

    • IR Calendar

    • Stock Price


  • Sustainability
    Close
    Sustainability Top

    • Sustainability Top Message

    • Our Approach towards SDGs

    • Materiality

    • Integrated Report

    • Environment

    • Social

    • Governance


  • English
  • 日本語
  • About us
  • Products
  • Solutions
  • Innovations
  • Investor Relations
  • Sustainability
  • English
  • 日本語
  1. Home
  2. News
  3. Price Revisions for Construction Machinery for Global Markets

Price Revisions for Construction Machinery for Global Markets

Management

Tokyo, February 28, 2023 –Hitachi Construction Machinery Co., Ltd. (TSE: 6305 President and Executive Officer: Kotaro Hirano, "Hitachi Construction Machinery") today announced that the company will sequentially increase selling prices of all construction machinery products for the global market starting in April 2023.

Hitachi Construction Machinery has been making efforts in cost reduction activities in response to the impact of rising energy costs such as electricity and gas, continuous raw material price hikes due to disruptions in the global supply chain, and increasing logistics costs.

We have implemented price revision in 2022 for all of our construction equipment products. We have decided to implement another price revisions for all construction machinery products out of necessity, as the impact of further cost increases in the global market, is beyond the scope of corporate efforts to address.

The main details of the revision of the selling price are as follows.

1. Applicable products and selling price increase rate
    Average price increase of 8% for all products of construction and mining machinery for the global market

2. Timing of selling price revision implementation
    From April 2023 in sequence

About Hitachi Construction Machinery Co., Ltd.

Hitachi Construction Machinery Co., Ltd. (TSE: 6305), headquartered in Tokyo, Japan, is a construction machinery manufacturer. The company engages in the development, manufacturing, sales, and service operations around the world for hydraulic excavators, wheel loaders, road construction machines, and mining machinery. Hitachi Construction Machinery is strengthening its focus on value chain businesses other than new machinery sales, such as parts and services, rentals, used equipment, and parts recycling, and is utilizing digital technologies to provide deeper solutions at all points of contact with customers. Hitachi Construction Machinery employs approximately 25,000 people worldwide. In fiscal year 2021 (ended March 2022), the consolidated sales revenue was ¥1,025.0 billion and the percentage of overseas sales revenue was approximately 79%. For details, visit the company’s website.

Information contained in this news release is current as of the date of the press announcement, but may be subject to change without prior notice.

About Us
  • Top Message
  • Mid-Term Management Plan
  • Codes of Conduct
  • Company Outline
  • History
  • Directors and Exective Officers
  • News
  • Publicity
  • Production and Quality
  • Procurement
  • Quick Review

Products
  • Mini Excavators
  • Mini Wheel Loaders
  • Hydraulic Excavators
  • Wheel Loaders
  • Compaction Equipment
  • Large Hydraulic Excavators / Ultra-large Hydraulic Excavators
  • Rigid Dump Trucks

Solutions
  • Autonomous Haulage System(AHS)
  • Fleet Management System
  • ICT construction
  • ConSite
  • Global e-Service

Innovations

Investor Relations
  • Management Information
  • To Individual Investors
  • Business Results & Financial Information
  • Stock & Bond Information
  • IR Library
  • IR Calendar
  • Stock Price

Sustainability
  • Our Approach towards SDGs
  • Materiality
  • Environment
  • Social
  • Governance

Global Network

Cookie Notice

Sitemap

Contact Us

  • Terms of Use
  • Privacy Policy

© 2023 Hitachi Construction Machinery Co., Ltd. All rights reserved.