Hitachi, Ltd.

2026/02/17 Updated
Market Cap: $150.0B (¥22.9T)
Stock Price: $33.26 (¥5,086)
Exchange Rate: 1 USD = ¥152.91

Overview of Consolidated Financial Results for Q3 FY2026 [FY2025]

Q3 FY2026 revenue was ¥2,714.3 billion (YoY +10%), quarterly profit ¥165.6 billion (+¥27.1 billion), Adj. EBITA ¥346.2 billion (+¥64.4 billion), and core FCF ¥289.1 billion (+¥83.4 billion), all reaching record highs.

Importance:
Page Updated: January 29, 2026
IR Disclosure Date: January 29, 2026

Key Figures

  • Q3 Revenue: ¥2,714.3 billion (YoY +10%)
  • Q3 Quarterly Profit (Net Income Attributable to Owners of Parent): ¥165.6 billion (+¥27.1 billion)
  • FY2025 Full-Year Revenue Guidance: ¥10,500.0 billion (YoY +7%)
  • FY2025 Full-Year Adj. EBITA Guidance: ¥1,260.0 billion (+¥176.4 billion)
  • Share Buyback Completed: approx. ¥300.0 billion, 68.67 million shares (completed December 17)
  • Additional Share Buyback: ¥100.0 billion, 30.0 million shares (January 30 – April 30, 2026)

AI要約

Performance Overview

In Q3 FY2026, Hitachi, Ltd. achieved record highs with revenue of ¥2,714.3 billion (YoY +10%), Adj. EBITA of ¥346.2 billion (+¥64.4 billion), quarterly profit of ¥165.6 billion (+¥27.1 billion), and core FCF of ¥289.1 billion (+¥83.4 billion). Strong growth momentum continued, centered on the robust Energy, Mobility, and domestic IT businesses, particularly Digital Systems & Services (DSS). Growth was solid even excluding foreign exchange effects.

FY2025 Full-Year Guidance and Segment Performance

FY2025 full-year revenue guidance was revised upward to ¥10,500.0 billion (YoY +7%), Adj. EBITA to ¥1,260.0 billion (+¥176.4 billion), and core FCF to ¥1,000.0 billion (+¥219.4 billion). Upward revisions were driven by Energy, Mobility, and CI businesses, particularly the Power Grid business. Overall DSS revenue is forecast at ¥2,950.0 billion (+4%), with Adj. EBITA of ¥437.0 billion (+¥42.9 billion). Regionally, expansion is expected across all areas, led by Europe, North America, and ASEAN & India.

Capital Policy and Share Buyback

As part of business portfolio reforms, the sale of Hitachi Construction Machinery was completed in November 2025, with the sale of Astemo expected to be completed during Q1 FY2026. Share buybacks of approximately ¥300.0 billion (68.67 million shares) were completed on December 17, with an additional ¥100.0 billion (30.0 million shares, representing 0.67% of outstanding shares) planned to be acquired from January 30 to April 30, 2026. The interim dividend was paid as planned at ¥23 per share.

Revenue Trend (Q3 FY2024 – Q3 FY2025)

Adj. EBITA Trend (Q3 FY2024 – Q3 FY2025)

Core FCF Trend (Q3 FY2024 – Q3 FY2025)

Q3 FY2025 Segment Revenue Breakdown (¥100 million)

Q3 FY2025 Regional Revenue Breakdown (¥100 million)

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