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%.