Hitachi boosts shareholder returns despite tariff, strategy investment risks

Hitachi (TSE:6501) announced its consolidated financial results for fiscal 2024, alongside its plans to strengthen shareholder returns and its new management plan, “Inspire 2027." The company forecasts a 3% revenue increase, reaching JPY 10,100.0 billion, and net income attributable to Hitachi, Ltd. stockholders to JPY 710.0 billion. This is despite headwinds from the U.S. reciprocal tariffs policy and strategic investments. Hitachi plans to mitigate these challenges through continued growth in its Digital Systems & Services, Energy, and Mobility sectors.