tiprankstipranks
Hitachi,Ltd. (JP:6501)
TSE/TYO:6501
Holding JP:6501?
Track your performance easily

Hitachi,Ltd. (6501) Earnings Dates, Call Summary & Reports

7 Followers

Earnings Data

Report Date
Jan 31, 2025
TBA Not Confirmed
Period Ending
2024 (Q3)
Consensus EPS Forecast
¥36.92
Last Year’s EPS
¥50.82
Same Quarter Last Year
Based on 4 Analysts Ratings
---

Earnings Call Summary

Earnings Call Date:Oct 30, 2024
|
% Change Since: -6.00%
|
Next Earnings Date:Jan 31, 2025
Earnings Call Sentiment|Neutral
Hitachi's earnings call highlighted strong revenue growth, particularly in Digital Systems & Services and Green Energy & Mobility, along with strategic investments and shareholder returns. However, challenges in Connective Industries and semiconductor delays, coupled with reliance on foreign exchange gains, present ongoing risks.
Company Guidance
During the second quarter of the fiscal year 2023 earnings call for Hitachi, Ltd., the company provided an upward revision for its full-year forecast. Key metrics highlighted included a 13% year-on-year increase in Q2 revenues to JPY 2,096.5 billion, and a 17.3% rise in adjusted EBITA to JPY 202.7 billion. The forecast for the full year was revised upward to JPY 8 trillion in revenues, marking a 2% increase from the previous forecast, and adjusted EBITA was projected to rise to JPY 818 billion, up by JPY 18 billion. Net income was anticipated to reach JPY 520 billion, a JPY 20 billion increase, while core free cash flow was expected to grow by JPY 30 billion to JPY 340 billion. Orders in the Digital Systems & Services sector saw a 15% year-on-year increase to JPY 669.3 billion, with a backlog reaching JPY 1.5 trillion, and Hitachi Energy orders rose 14% to JPY 653.8 billion, with a backlog of JPY 3.9 trillion. The company also completed a JPY 100 billion share buyback and announced an interim dividend of JPY 80 per share.
Strong Revenue Growth
For the second quarter, Hitachi reported revenues of JPY 2,096.5 billion, marking a 13% year-on-year increase. Adjusted EBITA was JPY 202.7 billion, up by JPY 17.3 billion.
Upward Revision for Full Year Forecast
The full-year forecast for continuing consolidated business was revised upward to revenues of JPY 8 trillion, with an adjusted EBITA increase of JPY 18 billion.
Hitachi Energy Order Growth
Hitachi Energy saw strong orders, with Q2 orders at JPY 653.8 billion, a year-on-year increase of 14%. The backlog reached JPY 3.9 trillion.
Shareholder Returns Enhanced
A JPY 100 billion share buyback was completed, and the interim dividend is planned to be JPY 80 per share, a JPY 10 increase from the previous fiscal year.
Lumada Business Expansion
Lumada business revenues are expected to reach JPY 2.31 trillion, an 18% increase year-on-year, with an adjusted EBITDA margin of 15%.
---

Hitachi,Ltd. (JP:6501) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

JP:6501 Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Jan 31, 20252024 (Q3)
36.92 / -
50.82
Oct 30, 20242024 (Q2)
33.46 / 25.42
29.87-14.90% (-4.45)
Jul 31, 20242024 (Q1)
24.95 / 37.87
14.958153.18% (+22.91)
Apr 26, 20242023 (Q4)
27.39 / 31.19
75.25-58.56% (-44.06)
Jan 31, 20242023 (Q3)
29.05 / 50.82
25.396100.11% (+25.42)
Oct 27, 20232023 (Q2)
28.92 / 29.87
28.2965.56% (+1.57)
Jul 28, 20232023 (Q1)
17.70 / 14.96
7.70694.11% (+7.25)
Apr 27, 20232022 (Q4)
63.08 / 75.25
27.438174.25% (+47.81)
Feb 01, 20232022 (Q3)
41.73 / 25.40
26.56-4.38% (-1.16)
Oct 28, 20222022 (Q2)
49.33 / 28.30
41.436-31.71% (-13.14)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---

JP:6501 Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 30, 2024¥4053.00¥4147.00+2.32%
Jul 31, 2024¥3222.92¥3270.66+1.48%
Apr 26, 2024¥2633.04¥2680.79+1.81%
Jan 31, 2024¥2239.95¥2306.12+2.95%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---

FAQ

When does Hitachi,Ltd. (JP:6501) report earnings?
Hitachi,Ltd. (JP:6501) is schdueled to report earning on Jan 31, 2025, TBA Not Confirmed.
    What is Hitachi,Ltd. (JP:6501) earnings time?
    Hitachi,Ltd. (JP:6501) earnings time is at Jan 31, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is the P/E ratio of Hitachi,Ltd. stock?
          The P/E ratio of Hitachi,Ltd. is 27.3.
            What is JP:6501 EPS forecast?
            JP:6501 EPS forecast for the fiscal quarter 2024 (Q3) is ¥36.92.
              ---
              What am I Missing?
              Make informed decisions based on Top Analysts' activity
              Know what industry insiders are buying
              Get actionable alerts from top Wall Street Analysts
              Find out before anyone else which stock is going to shoot up
              Get powerful stock screeners & detailed portfolio analysis