Hitachi, Ltd. reports 10.58 trillion yen revenue amid structural reforms

Hitachi, Ltd. has reported significant financial growth for the fiscal year ending March 2026, characterized by a rise in revenue to 10.5867 trillion yen, an 8% increase from the previous year. This growth was driven by strong demand in the energy sector via power grids and steady domestic digital system and service demand, despite a decrease in demand for new elevators in the building systems business.

The company's profit figures reflect ongoing structural reforms, including business reorganizations. While the company recorded 151.5 billion yen in impairment losses—primarily due to goodwill impairment in the file storage business—it also realized 131.8 billion yen in gains from business restructuring, largely from the sale of shares in an air conditioning joint venture. Net profit attributable to owners of the parent reached 802.3 billion yen, with an ROE of 12.9%.

Under the leadership of President and CEO Toshiaki Tokunaga, Hitachi is focusing on a strategy centered on ‘physical AI’ to drive future growth. Following a major V-shaped recovery from significant losses in 2009, the company continues to execute large-scale acquisitions and subsidiary sales to accelerate decision-making and digital integration.