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2 clusters · 4 sources · 4 days · First seen · Last updated

Hitachi financial performance and structural reforms

Overview

Hitachi, Ltd. reported a fiscal year ending March 2026 with revenue of 10.5867 trillion yen, an 8% increase from the previous year. This growth was supported by demand in the energy sector and domestic digital systems, despite impairment losses in the file storage business. Under CEO Toshiaki Tokunaga, the company is pursuing structural reforms and a strategy centered on ‘physical AI’.

Following these results, Hitachi Vantara reported a 12% year-over-year revenue increase for the first quarter of fiscal year 2026. This growth was driven by a 45% jump in storage sales, specifically attributed to the ‘Hitachi Virtual Storage Platform One (VSP One)’ portfolio as enterprises expand AI utilization. Significant product sales growth was noted in the Europe, Middle East, and Africa region, as well as the Asia-Pacific region.

Entities

Hitachi, Ltd. · Toshiaki Tokunaga · Hitachi Vantara · Adrian Johnson

Timeline

  1. 12 days ago

    [BUSINESS] 2 sources
    Hitachi Vantara reports strong Q1 FY2026 revenue growth

    Hitachi Vantara reported a 12% increase in Q1 FY2026 revenue, driven by a 45% surge in storage sales fueled by AI and infrastructure modernization demand.

  2. 16 days ago

    [BUSINESS] 2 sources
    Hitachi, Ltd. reports 10.58 trillion yen revenue amid structural reforms

    Hitachi, Ltd. reported 10.58 trillion yen in revenue for FY2026, driven by energy and digital services. The company is leveraging structural reforms and 'physical AI' to sustain growth.

Sources

ascii.jp · business.nikkei.com · limo.media · prtimes.jp