HitachiHitachi, Ltd.6501東京証券取引所・名古屋証券取引所電気機器FY ending Mar 2026, consolidated, IFRS

Hitachi FY ending Mar 2026 results

About 31% of Hitachi's sales come from Energy, with Connective Industries and Digital Systems and Services making up much of the rest.

Out of every ¥100 of sales, about ¥11 is left as operating profit.

Revenue changed +8.2% from the prior year.

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue
+8.2%¥9.78T → ¥10.6T
Gross profit
+12.7%¥2.82T → ¥3.18T
Net income attributable to owners
+30.3%¥615.7B → ¥802.4B
Operating cash flow
+42.3%¥1.17T → ¥1.67T
Free cash flow
+49.9%¥780.6B → ¥1.17T

Results at a glance

  • Revenue grew +8.2% in the FY ending Mar 2026, from ¥9.78T to ¥10.6T.
  • Gross profit rose faster, up +12.7%, and net income attributable to owners climbed +30.3% from ¥615.7B to ¥802.4B.
  • Cash generation improved too: operating cash flow rose +42.3% to ¥1.67T and free cash flow rose +49.9% to ¥1.17T.

What drove the change

  • In Energy, large power grid projects went well and the order backlog turned steadily into sales
  • Steady demand in Japan for digital transformation and system modernization lifted Digital Systems and Services
  • A gain from selling shares in the air-conditioning company JCH helped profit, partly offset by a goodwill impairment in the file storage business
  • Weaker demand for new elevators in China pulled down revenue in Connective Industries

Things to watch

  • Most sales are overseas, so currency swings can shrink revenue and profit when reported in yen
  • Economic slowdowns or conflicts in key countries could reduce demand for its products and services
  • On long-term contracts such as infrastructure construction, changes in cost estimates can hurt results

Annual Securities Report, FY ending Mar 2026 / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report, FY ending Mar 2026 / 事業等のリスク

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

※ Segment revenues include inter-segment sales and are scaled to consolidated revenue

※ Operating income is not disclosed; the chart goes straight to pretax income including investment gains

Where ¥100 of sales goes

For every ¥100 Hitachi sells, how much goes where, and how much is kept.

FY ending Mar 2026
Cost of sales
¥70
SG&A
¥19
Operating profit
¥11
Net profit kept
¥8

* This company does not report operating income, so it is calculated as gross profit minus SG&A. Equity-method income and dividends are not included, so net profit can be larger.

Annual margin trends

Gross margin30.0%
FY ending Mar 2021: 25.1%25.1%FY ending Mar 2022: 24.9%24.9%FY ending Mar 2023: 24.7%24.7%FY ending Mar 2024: 26.5%26.5%FY ending Mar 2025: 28.8%28.8%FY ending Mar 2026: 30.0%30.0%FY21FY22FY23FY24FY25FY26
Net margin7.6%
FY ending Mar 2021: 5.7%5.7%FY ending Mar 2022: 5.7%5.7%FY ending Mar 2023: 6.0%6.0%FY ending Mar 2024: 6.1%6.1%FY ending Mar 2025: 6.3%6.3%FY ending Mar 2026: 7.6%7.6%FY21FY22FY23FY24FY25FY26

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第157期(2025/04/01-2026/03/31)

    ID S100YGBO2026-06-22Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第156期(2024/04/01-2025/03/31)

    ID S100WFSJ2025-07-31Open
  • EDINET (FSA Japan)

    有価証券報告書-第155期(2023/04/01-2024/03/31)

    ID S100TP5S2024-06-21Open
  • EDINET (FSA Japan)

    有価証券報告書-第154期(2022/04/01-2023/03/31)

    ID S100QZT02023-06-21Open
  • EDINET (FSA Japan)

    有価証券報告書-第153期(令和3年4月1日-令和4年3月31日)

    ID S100OB342022-06-22Open
  • EDINET (FSA Japan)

    有価証券報告書-第152期(令和2年4月1日-令和3年3月31日)

    ID S100LNII2021-06-23Open

Extracted from XBRL: 44 / Derived from other figures: 1

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