Hitachi Ltd Ord (HTHIF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

The scheduled time has come. We will now begin the briefing session on the progress of INSPIRE 2027 Management Plan and Consolidated Financial Results for the year ended March 31, 2026. First President and CEO, Tokunaga, will say a few words. Mr. Tokunaga, please. This is Tokunaga speaking. Thank you very much for joining us despite your busy schedules today. At this moment, Mr. Carter, the CFO, will talk about the earnings for FY2025 and the three-year management plan from 2026 to 2028, inspired 2027, I will explain. Although we operated our business in a highly uncertain environment in fiscal year 2025, we think we were able to get off to a good start toward sustainable growth that inspired 2027 aims for now. Let me turn it over to Mr. Cato for a presentation. First, I, Cato, will now explain the consolidated financial results for fiscal year 2025 and the outlook for fiscal year 2026. First, I will outline the key performance highlights of this earnings announcement. Regarding the results for fiscal year 2025, in addition to continued strong performance of the power grid business, in the energy segment, domestic IT business in DSS and railway business in mobility served as key drivers resulting in year-on-year increases in both revenue and profit for HEPA's consolidated results. adjusted EBITDA net income and core free cash flow all reached new record highs. In addition to improved earnings in energy and DSS, the expansion of the Lumada business led to a 1.3% improvement in the adjusted EBITDA margin. Furthermore, on top of the increase in profits, core free cash flow also rose due to advances received. we were able to achieve results that exceeded our initial plans for the fiscal year, moving us closer to achieving the goals of INSPIRE 2027. Key financial KPIs, as...