Hitachi Construction Machinery Invests in Canada's Rithmik Solutions to Further Optimize Mining Operations Through AI Analysis Technology

Tokyo, December 2, 2025 - Hitachi Construction Machinery Co., Ltd. (President and Executive Officer: Masafumi Senzaki; "Hitachi Construction Machinery") announces that they have made an investment of three million US dollars in Rithmik Solutions Ltd. (CEO: Ross Barichievy; "Rithmik"), a Canadian company.  Through this investment, Hitachi Construction Machinery aims to leverage Rithmik's AI analysis technology to deliver mining solutions that increase productivity and reduce environmental impact at mining sites.

Modern mines manage complex operations to maximize the productivity of resource extraction while increasing safety, lowering lifecycle costs including energy management, and reducing the environmental impact. Hitachi Construction Machinery began offering LANDCROS Connect Insight in April 2025 to support efficient mining operations through near real-time operational data analysis.

Rithmik possesses expertise in AI-powered asset health management and operational data analysis for mining machinery. In demonstration testing conducted at a mine site from August 2024 to July 2025, Rithmik analyzed operational data from 40 dump trucks and six ultra-large hydraulic excavators. By comparing design-based reference values with real-time operational data, the company quantitatively evaluated the accuracy of anomaly detection and predictive maintenance. The results confirmed that early detection of machine abnormalities enabled proactive intervention, reducing downtime and fuel consumption, which in turn contributed to improved productivity and reduced environmental impact.

Going forward, Hitachi Construction Machinery plans to explore opportunities to apply  Rithmik's AI analysis to a platform such as LANDCROS Connect Insight, with the goal of achieving more advanced operational data analysis. Instead of conventional analysis based on design values, AI will learn from actual operating conditions and automatically set optimal reference values for each machine. This approach will enable asset health and operational management with unprecedented precision.

Hitachi Construction Machinery’s investment in Rithmik will drive ongoing technology advancement, customer support capabilities, and market expansion. The Hitachi Construction Machinery Group will continue to advance its efforts to optimize mining operations and improve sustainability.

Comment from Rithmik Solutions CEO Ross Barichievy

We’re honoured to collaborate with Hitachi Construction Machinery, a company that shares our dedication to innovation, operational excellence, and collaboration. By leveraging HCM’s global presence with Rithmik’s expertise in mining analytics, we aim to deliver unprecedented performance, reliability, and sustainability to customers worldwide. This partnership marks a significant step toward the advancement of smart mining.

Comment from Vice President and Executive Officer, President of Mining Business Unit Eiji Fukunishi

This investment marks an important step towards Hitachi Construction Machinery's goal of building open digital platforms with various partners. Combining Rithmik's advanced, AI-powered data analysis technology with Hitachi Construction Machinery's insight will help us provide more flexible solutions to our customers as well as contribute to increased productivity and reduced environmental impact at mining sites.

Overview of Rithmik Solutions Ltd.

Related Information

Trademark notice

• LANDCROS is registered trademarks of Hitachi Construction Machinery Co., Ltd.

About Hitachi Construction Machinery Co., Ltd.

Hitachi Construction Machinery Co., Ltd. (TSE: 6305), headquartered in Tokyo, Japan, is a construction machinery manufacturer that globally deploys development, manufacturing, sales, and service businesses for its hydraulic excavators, wheel loaders, compaction equipment, and mining machinery, etc. In addition to its new machinery business, Hitachi Construction Machinery is expanding its "value chain businesses" of parts and services, remanufacturing (parts and machines), rentals, and used equipment as it continues to grow together with customers as a solutions provider that offers innovative solutions to customers. With roughly 26,000 employees around the world, the consolidated sales revenue for Hitachi Construction Machinery was 1,371.3 billion yen for fiscal year 2024 (ended March 2025) with an overseas sales revenue ratio of 84%. For more details, please see the company's website.

The company plans to change its trade name to "LANDCROS Corporation" and its corporate brand to "LANDCROS" on April 1, 2027.

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.