Hitachi Ltd Ord (HTHIF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you very much for taking your time to join us today for Hitachi's financial results briefing. We will now begin Hitachi Limited's financial results briefing for the first quarter of the fiscal year ending March 31, 2027. Let me first introduce today's speakers. Tomomi Kato the Senior Vice President and Executive Officer, CFO, Hitachi Limited, Masashi Hatakeyama, Vice President and Executive Officer, Deputy CFO, Shinichiro Tanumai, General Manager, Investor Relations Division. Those are today's three presenters. So Mr. Kato, the floor is yours. I'm Kato, good afternoon. Before I begin today's presentation, I'd like to express my deepest condolences to those who lost their lives in yesterday's Kumamoto earthquake of 2026 and extend my heartfelt sympathies to everyone affected by this disaster. At this time, we have confirmed no material impact on the Hitachi Group. However, we will continue to closely monitor the situation and take any necessary actions as appropriate. In addition, based on conditions and needs in the affected areas, we are considering what support Hitaju can provide to assist with the recovery efforts. Now, I would like to walk you through our consolidated financial results for the first quarter of fiscal 2026, as well as our outlook for the fall year. Let me begin with the key highlights of today's earnings announcement. In the first quarter of fiscal year 2026, the revenue increased 20% year-on-year reflecting business expansion as well as favorable foreign exchange effects. Both revenue and adjusted EBITDA reached record highs for our first quarter. Led by the continued strong performance of energy power grids business, all four sectors, DSS, energy, mobility, and connective industries achieved double-digit revenue growth. The impact on the s...