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Hitachi, Ltd.plans 6% net profit growth for March 2027, driven by power grid and domestic IT
HITACHI <6501> released its consolidated guidance for the fiscal year ending March 2027 alongside its FY2026 results following the market close on April 27. The company projects revenue of 11.1 trillion yen (up 4.8% year-on-year) and net profit of 850.0 billion yen (up 5.9%), anticipating growth across all four of its core sectors. The expansion is expected to be led by the Energy segment’s power grid business and robust domestic IT demand within its Digital Systems & Services (DSS) unit.
For the fiscal year ended March 2026, HITACHI reported revenue of 10.59 trillion yen (up 8.2% year-on-year) and a 30.3% surge in net profit to 802.4 billion yen. The performance was anchored by the Energy segment, which saw global expansion?particularly in Europe and North America?while DSS captured strong digital demand in the Japanese market.
In a significant move for shareholder returns, HITACHI also announced a massive share buyback program with a maximum value of 500.0 billion yen (up to 160 million shares, or 3.56% of total issued shares). The buyback will be executed via market purchases on the Tokyo Stock Exchange between April 28, 2026, and March 31, 2027.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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