Hitachi's Net Attributable Income Surges 30% in Fiscal Year 2025

MT Newswires Live16:57

Hitachi's(TYO:6501) net income attributable to owners of the parent surged by 30% to 802.3 billion yen for the fiscal year 2025 from 615.7 billlion yen a year ago.

The company, which offers systems to power and renewable energy firms' net income per share increased to 176.63 yen from 133.72 yen a year ago, according to a Tokyo bourse filing on Monday.

Revenues jumped 8% to 10.6 trillion yen for the full year ended March 31 from 9.783 trillion yen the prior year.

In a separate disclosure, Hitachi planned a year-end dividend of 27 yen per share, based on earnings performance and other factors.

The dividend, totalling approximately 121.5 billion yen, is scheduled to be finalized by the Board of Directors in May and will be paid on June 4.

For the fiscal year 2026, the company expects attributable net income of 850 billion yen and revenues of 11.1 trillion yen.

Hitachi plans to pay an interim dividend of 28 yen per share each for the current fiscal year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment