# Hitachi, Ltd.

## Overview

### Q1 2027 in 3mo

| Quarter      | Earnings Change |
|-------------|-----------------|
| Q4 2026     | -5.32%          |
| Q3 2026     | -6.68%          |
| Q2 2026     | +60.11%         |
| Q1 2026     | +13.32%         |
| Q4 2025     | -16.25%         |
| Q3 2025     | -20.41%         |
| Q2 2025     | -24.03%         |
| Q1 2025     | +51.78%         |
| Q4 2024     | +14.18%         |
| Q3 2024     | +72.54%         |
| Q2 2024     | +3.95%          |
| Q1 2024     | -17.30%         |
| Q4 2023     | +23.03%         |
| Q3 2023     | -39.14%         |
| Q2 2023     | -42.64%         |

### 6501.T 2026 Q4 Earnings Call

**Date:** Mon, Apr 27, 2026, 03:30 AM EDT  
**Current Price:** ¥4.88K

**Revenue:** ¥3T (est.)  
**Actual Revenue:** ¥3.1T (Beat +2.20%)  
**EPS (Adj.):** ¥38.50 (est.)  
**Actual EPS:** ¥36.45 (Miss -5.32%)

### Highlights
- Hitachi reported record highs for adjusted EBITDA, net income, and core free cash flow in FY2025, with revenue up 8% year on year, adjusted EBITDA up 21%, and net income exceeding 800 billion yen for the first time, driven by strong performance in the power grid, domestic IT, and railway businesses.
- For FY2026, Hitachi projects revenue growth of approximately 5% year on year with all four business segments expected to see increased revenue and profit; core free cash flow is expected to decline due to large advance payment timing effects, incorporating a 40 billion yen revenue risk and 20 billion yen adjusted EBITDA risk related to the Middle East situation in Q1.
- The Lumada business reached 40% of consolidated revenue and a 16% adjusted EBITDA margin in FY2025; FY2026 targets aim for approximately 4.8 trillion yen in revenue representing 16% growth year on year and a 44% revenue ratio, while the H Max digital services business reached 300 billion yen in revenue with an adjusted EBITDA margin exceeding 20% and targets 480 billion yen in FY2026.
- Hitachi plans total shareholder returns of approximately 800 billion yen for FY2026, including dividends of approximately 250 billion yen and share buybacks of approximately 550 billion yen on a cash basis, with the year-end dividend for FY2025 increased by 4 yen per share.
- The energy segment's power grid business saw its adjusted EBITDA margin rise by 3.3 percentage points to 12.9% in FY2025, supported by strong global demand and productivity improvements, with the FY2027 target revised upward; key ongoing risks include Middle East conflicts and US tariffs.

### Company Information
- **Symbol:** 6501.T  
- **IPO Date:** Jan 3, 2000  
- **CEO:** Toshiaki Tokunaga  
- **Fulltime Employees:** 269K  
- **Sector:** Industrials  
- **Industry:** Conglomerates  
- **Country:** Japan  
- **Exchange:** Tokyo Stock Exchange

## Earnings History

### EPS & Revenue Estimates

| Estimate      | Beat | Miss | Match |
|---------------|------|------|-------|
| ¥0.00        |  ¥100 | ¥200 | ¥300  |
| ¥400        |

## Related Prediction Markets
[Bank of Japan Decision in June?](/content/finance/predictions/287195/index.html):  
- No change  
- 53.0%  
- 13.5%  
- 25 bps increase  
- 50.0%  
- 1.9%  
- 50+ bps increase  
- <0.1%  
- 1.2%

### Financial Data Sources
- Financial information provided by [Financial Modeling Prep](https://site.financialmodelingprep.com/).
- Options data provided by Unusual Whales.
- Earnings transcripts, audio, and documents provided by Quartr.
- Reported revenue and EPS data from Earnings powered by [Fiscal.ai](https://fiscal.ai/).
- Estimates provided by [S&P Global](https://www.spglobal.com/).
- Prediction markets data from [Polymarket](https://polymarket.com/).