Cash flow Hitachi, Ltd.

Equities

6501

JP3788600009

Consumer Goods Conglomerates

Market Closed - Japan Exchange Other stock markets 06:30:00 19/01/2026 GMT			5-day change	1st Jan Change
5,219.00 ^JPY	+0.29%		+1.64%	+6.47%

01-14	What are the best ETFs since the start of the year?
01-08	Hitachi ignites CES 2026 unveiling key collaborations with Nvidia, Google Cloud and Nozomi Networks	RE

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Published financial data: HITACHI, LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	8,729B	10,265B	10,881B	9,729B	9,783B
Total Revenues	8,729B	10,265B	10,881B	9,729B	9,783B
Cost of Goods Sold, Total	6,534B	7,706B	8,192B	7,147B	6,963B
Gross Profit	2,195B	2,559B	2,689B	2,582B	2,821B
Selling General & Admin Expenses, Total	1,700B	1,820B	1,941B	1,826B	1,849B
Other Operating Expenses	-	-	-194B	-51.52B	9.39B
Other Operating Expenses, Total	1,700B	1,820B	1,747B	1,775B	1,859B
Operating Income	495B	738B	942B	807B	962B
Interest Expense, Total	-22.78B	-27.11B	-51.31B	-70.92B	-46.91B
Interest And Investment Income	16.93B	15.49B	33.53B	48.66B	34.51B
Net Interest Expenses	-5.84B	-11.62B	-17.78B	-22.27B	-12.4B
Income (Loss) On Equity Invest.	38.86B	40.48B	52.85B	75.28B	58.32B
Currency Exchange Gains (Loss)	-	-	-11.91B	7.07B	47.56B
Other Non Operating Income (Expenses)	-27.17B	5.19B	-8.51B	-9.57B	-8.99B
EBT, Excl. Unusual Items	501B	772B	957B	858B	1,047B
Restructuring Charges	55.26B	102B	-9.32B	-19.44B	-10.52B
Gain (Loss) On Sale Of Investments	279B	-	-	-	-
Gain (Loss) On Sale Of Assets	118B	-	2.28B	17.06B	18.69B
Asset Writedown	-109B	-35.09B	-130B	-29.67B	-92.14B
Legal Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	844B	839B	820B	826B	963B
Income Tax Expense	325B	168B	116B	199B	306B
Earnings From Continuing Operations	519B	671B	704B	627B	657B
Earnings Of Discontinued Operations	-686M	-	-	-	-
Net Income to Company	519B	671B	704B	627B	657B
Minority Interest	-16.9B	-87.39B	-54.75B	-36.85B	-41.14B
Net Income - (IS)	502B	583B	649B	590B	616B
Net Income to Common Incl Extra Items	502B	583B	649B	590B	616B
Net Income to Common Excl. Extra Items	502B	583B	649B	590B	616B
Per Share Items
Net EPS - Basic	103.86	120.75	136.91	126.91	133.85
Basic EPS - Continuing Operations	104	120.75	136.91	126.91	133.85
Basic Weighted Average Shares Outstanding	4.83B	4.83B	4.74B	4.65B	4.6B
Net EPS - Diluted	103.86	120.75	136.78	126.75	133.72
Diluted EPS - Continuing Operations	104	120.75	136.78	126.75	133.72
Diluted Weighted Average Shares Outstanding	4.83B	4.83B	4.75B	4.65B	4.6B
Normalized Basic EPS	61.34	81.81	114.59	107.42	133.27
Normalized Diluted EPS	61.34	81.81	114.48	107.29	133.14
Dividend Per Share	21	25	29	36	43
Payout Ratio	19.26	19.05	19.87	24.47	30.7
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	987B	1,278B	1,469B	1,259B	1,394B
EBITA	495B	738B	942B	807B	962B
EBIT	495B	738B	942B	807B	962B
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	38.52	20.07	14.16	24.1	31.77
Total Current Taxes	220B	159B	-	-	-
Total Deferred Taxes	105B	9.48B	-	-	-
Normalized Net Income	296B	395B	543B	499B	613B
Non-Cash Pension Expense	-	-	86.42B	80.99B	70.77B
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	294B	317B	316B	290B	259B
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	-	-	-	-	-

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1,016B	969B	833B	705B	866B
Short Term Investments	328B	376B	347B	331B	318B
Total Cash And Short Term Investments	1,344B	1,345B	1,180B	1,037B	1,185B
Accounts Receivable, Total	2,734B	2,978B	2,875B	2,991B	3,496B
Notes Receivable	-	-	-	-	-
Total Receivables	2,734B	2,978B	2,875B	2,991B	3,496B
Inventory	1,653B	2,042B	1,646B	1,511B	1,566B
Other Current Assets, Total	211B	234B	227B	316B	351B
Total Current Assets	5,943B	6,599B	5,929B	5,855B	6,598B
Gross Property Plant And Equipment	-	7,466B	-	-	-
Accumulated Depreciation	-	-4,987B	-	-	-
Net Property Plant And Equipment	2,409B	2,479B	1,700B	1,222B	1,342B
Long-term Investments	1,006B	996B	1,191B	1,309B	1,376B
Goodwill	1,161B	2,154B	2,165B	2,372B	2,487B
Other Intangibles, Total	965B	1,257B	1,245B	1,179B	1,200B
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	-	-	272B	285B	283B
Other Long-Term Assets, Total	368B	402B	-	-	-
Total Assets	11,853B	13,888B	12,501B	12,221B	13,285B
Liabilities
Accounts Payable, Total	1,516B	1,755B	1,548B	1,400B	1,573B
Accrued Expenses, Total	699B	738B	721B	697B	736B
Short-term Borrowings	417B	1,234B	778B	37.83B	73.15B
Current Portion of Long-Term Debt	274B	336B	142B	187B	369B
Current Portion of Leases	-	-	-	-	-
Unearned Revenue Current, Total	934B	1,070B	-	-	-
Other Current Liabilities	758B	721B	1,977B	2,480B	3,157B
Total Current Liabilities	4,597B	5,854B	5,166B	4,803B	5,908B
Long-Term Debt	1,706B	1,556B	1,294B	955B	764B
Long-Term Leases	-	-	-	-	-
Pension & Other Post Retirement Benefits	434B	415B	323B	246B	247B
Deferred Tax Liability Non Current	-	-	155B	112B	102B
Other Non Current Liabilities	657B	707B	227B	246B	232B
Total Liabilities	7,395B	8,532B	7,166B	6,362B	7,253B
Common Stock, Total	461B	462B	463B	463B	464B
Additional Paid In Capital	84.04B	46.12B	-	-	-
Retained Earnings	2,711B	3,198B	3,637B	4,085B	4,351B
Treasury Stock	-3.49B	-3B	-3.54B	-4.99B	-8.59B
Comprehensive Income and Other	274B	639B	846B	1,161B	1,041B
Total Common Equity	3,526B	4,342B	4,943B	5,704B	5,847B
Minority Interest	933B	1,013B	393B	156B	184B
Total Equity	4,458B	5,355B	5,336B	5,860B	6,031B
Total Liabilities And Equity	11,853B	13,888B	12,501B	12,221B	13,285B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4.83B	4.84B	4.69B	4.63B	4.58B
ECS Total Common Shares Outstanding	4.83B	4.84B	4.69B	4.63B	4.58B
Book Value / Share	729.29	897.78	1.05K	1.23K	1.28K
Tangible Book Value	1,399B	931B	1,533B	2,153B	2,160B
Tangible Book Value Per Share	289.5	192.51	326.98	464.76	471.89
Total Debt	2,397B	3,127B	2,213B	1,180B	1,206B
Net Debt	1,053B	1,782B	1,033B	143B	21.45B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	254B	154B	131B
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	933B	1,013B	393B	156B	184B
Equity Method Investments, Total	472B	411B	479B	816B	836B
Account Code - Inventory Valuation	6	6	-	-	-
Inventories - Raw Materials, Total	-	-	584B	474B	546B
Inventories - Work In Process, Total	-	-	593B	597B	606B
Inventories - Finished Goods, Total	-	-	470B	439B	414B
Land - (BS)	-	256B	-	-	-
Buildings, Total	-	-	-	-	-
Machinery, Total	-	-	-	-	-
Full Time Employees	351K	368K	323K	269K	283K
Accumulated Allowance for Doubtful Accounts (Supple)	62.69B	80.94B	-	-	-

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	502B	583B	704B	627B	657B
Depreciation & Amortization - CF	492B	540B	526B	452B	432B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	492B	540B	526B	452B	432B
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-16.98B	-21.07B	127B	11.81B	73.24B
Asset Writedown & Restructuring Costs	-343B	-67.04B	-	-	-
(Income) Loss On Equity Investments - (CF)	-38.86B	-40.48B	-52.85B	-75.28B	-58.32B
Other Operating Activities, Total	174B	13.86B	-150B	-134B	-282B
Change In Accounts Receivable	89.72B	-33.29B	-60.67B	40.21B	80.04B
Change In Inventories	-47.94B	-330B	-244B	-88.32B	-42.78B
Change In Accounts Payable	-31.81B	156B	80.79B	61.34B	113B
Change in Other Net Operating Assets	14.78B	-72.04B	-103B	62.21B	201B
Cash from Operations	793B	730B	827B	957B	1,172B
Capital Expenditure	-255B	-297B	-253B	-233B	-247B
Sale of Property, Plant, and Equipment	83.48B	110B	55.58B	45.05B	46.38B
Sale (Purchase) of Intangible assets	-118B	-143B	-158B	-152B	-145B
Investment in Marketable and Equity Securities, Total	-179B	-764B	510B	195B	-219B
Other Investing Activities, Total	9.25B	45.47B	-4.18B	13.48B	-9.36B
Cash from Investing	-459B	-1,049B	151B	-132B	-574B
Short Term Debt Issued, Total	200B	653B	-	-	31.99B
Long-Term Debt Issued, Total	523B	44.8B	80.06B	105B	92.77B
Total Debt Issued	723B	698B	80.06B	105B	125B
Short Term Debt Repaid, Total	-	-	-278B	-550B	-
Long-Term Debt Repaid, Total	-230B	-306B	-289B	-302B	-175B
Total Debt Repaid	-230B	-306B	-566B	-852B	-175B
Issuance of Common Stock	583M	451M	164M	62M	8M
Repurchase of Common Stock	-159M	-251M	-200B	-100B	-200B
Common Dividends Paid	-96.61B	-111B	-129B	-144B	-189B
Common & Preferred Stock Dividends Paid	-96.61B	-111B	-129B	-144B	-189B
Other Financing Activities, Total	-581B	-78.41B	-327B	-33.62B	14.98B
Cash from Financing	-185B	203B	-1,143B	-1,025B	-424B
Foreign Exchange Rate Adjustments	54.1B	69.12B	29.31B	71.92B	-13.59B
Net Change in Cash	204B	-47.06B	-136B	-128B	161B
Supplemental Items
Cash Interest Paid	22.37B	26.7B	49.77B	69.16B	50.09B
Cash Income Tax Paid (Refund)	189B	248B	171B	155B	305B
Levered Free Cash Flow	527B	267B	1,142B	788B	905B
Unlevered Free Cash Flow	542B	284B	1,174B	832B	935B
Change In Net Working Capital	-113B	277B	-469B	-261B	-293B
Net Debt Issued / Repaid	493B	392B	-486B	-747B	-49.77B

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	2.84	3.58	4.46	4.08	4.72
Return on Total Capital	4.91	6.02	7.35	6.92	8.42
Return On Equity %	11.9	13.67	13.17	11.2	11.05
Return on Common Equity	15.03	14.83	13.98	11.08	10.66
Margin Analysis
Gross Profit Margin %	25.15	24.93	24.71	26.54	28.83
SG&A Margin	19.48	17.73	17.84	18.77	18.9
EBITDA Margin %	11.3	12.46	13.5	12.94	14.25
EBITA Margin %	5.67	7.19	8.66	8.3	9.84
EBIT Margin %	5.67	7.19	8.66	8.3	9.84
Income From Continuing Operations Margin %	5.95	6.54	6.47	6.44	6.71
Net Income Margin %	5.75	5.68	5.97	6.06	6.29
Net Avail. For Common Margin %	5.75	5.68	5.97	6.06	6.29
Normalized Net Income Margin	3.39	3.85	4.99	5.13	6.27
Levered Free Cash Flow Margin	6.04	2.61	10.49	8.1	9.25
Unlevered Free Cash Flow Margin	6.2	2.77	10.79	8.55	9.55
Asset Turnover
Asset Turnover	0.8	0.8	0.82	0.79	0.77
Fixed Assets Turnover	3.82	4.2	5.21	6.66	7.63
Receivables Turnover (Average Receivables)	3.5	3.59	3.72	3.32	3.02
Inventory Turnover (Average Inventory)	4.27	4.17	4.44	4.53	4.53
Short Term Liquidity
Current Ratio	1.29	1.13	1.15	1.22	1.12
Quick Ratio	0.89	0.74	0.78	0.84	0.79
Operating Cash Flow to Current Liabilities	0.17	0.12	0.16	0.2	0.2
Days Sales Outstanding (Average Receivables)	104.42	101.57	98.17	110.35	121.02
Days Outstanding Inventory (Average Inventory)	85.53	87.53	82.17	80.84	80.65
Average Days Payable Outstanding	75.03	73.73	77.33	76.95	77.3
Cash Conversion Cycle (Average Days)	114.93	115.36	103.02	114.23	124.38
Long Term Solvency
Total Debt/Equity	53.77	58.39	41.48	20.14	20
Total Debt / Total Capital	34.97	36.86	29.32	16.76	16.66
LT Debt/Equity	38.27	29.06	24.25	16.29	12.67
Long-Term Debt / Total Capital	24.89	18.35	17.14	13.56	10.56
Total Liabilities / Total Assets	62.39	61.44	57.32	52.05	54.6
EBIT / Interest Expense	21.74	27.23	18.36	11.38	20.51
EBITDA / Interest Expense	43.32	47.16	28.62	17.75	29.71
(EBITDA - Capex) / Interest Expense	32.14	36.21	23.7	14.47	24.45
Total Debt / EBITDA	2.43	2.45	1.51	0.94	0.87
Net Debt / EBITDA	1.07	1.39	0.7	0.11	0.02
Total Debt / (EBITDA - Capex)	3.27	3.19	1.82	1.15	1.05
Net Debt / (EBITDA - Capex)	1.44	1.82	0.85	0.14	0.02
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-0.43	17.59	6.01	-10.59	0.56
Gross Profit, 1 Yr. Growth %	-7.39	16.55	5.1	-3.98	9.25
EBITDA, 1 Yr. Growth %	-9.88	29.55	32.18	-14.28	10.71
EBITA, 1 Yr. Growth %	-25.19	49.08	13.98	-14.32	19.18
EBIT, 1 Yr. Growth %	-25.19	49.08	27.64	-14.32	19.18
Earnings From Cont. Operations, 1 Yr. Growth %	302.41	29.21	4.92	-10.96	4.81
Net Income, 1 Yr. Growth %	472.64	16.32	11.25	-9.12	4.38
Normalized Net Income, 1 Yr. Growth %	305.72	-22.63	39.55	-8.1	22.78
Diluted EPS Before Extra, 1 Yr. Growth %	462.57	16.28	13.42	-7.33	5.5
Accounts Receivable, 1 Yr. Growth %	20.98	8.91	-3.46	4.05	16.88
Inventory, 1 Yr. Growth %	17.35	23.53	-19.4	-8.23	3.68
Net Property, Plant and Equip., 1 Yr. Growth %	11.25	2.91	-31.4	-28.15	9.8
Total Assets, 1 Yr. Growth %	19.36	17.17	-9.98	-2.24	8.7
Tangible Book Value, 1 Yr. Growth %	-31.54	-33.47	64.64	40.48	0.32
Common Equity, 1 Yr. Growth %	11.57	23.16	13.84	15.39	2.51
Cash From Operations, 1 Yr. Growth %	41.4	-7.97	13.3	15.67	22.54
Capital Expenditures, 1 Yr. Growth %	-21.1	16.57	-14.93	-7.82	6
Levered Free Cash Flow, 1 Yr. Growth %	121.03	-49.28	324.65	-31.01	14.94
Unlevered Free Cash Flow, 1 Yr. Growth %	113.58	-47.48	310.69	-29.12	12.34
Dividend Per Share, 1 Yr. Growth %	10.53	19.05	16	24.14	19.44
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-4.04	8.2	11.65	-2.65	-5.18
Gross Profit, 2 Yr. CAGR %	-6.59	3.9	10.68	0.46	2.42
EBITDA, 2 Yr. CAGR %	-3.37	15.57	33.1	6.44	-2.58
EBITA, 2 Yr. CAGR %	-20.58	3.29	27.84	-1.18	1.05
EBIT, 2 Yr. CAGR %	-19.01	5.61	37.94	4.58	1.05
Earnings From Cont. Operations, 2 Yr. CAGR %	25.4	128.03	16.43	-3.34	-3.4
Net Income, 2 Yr. CAGR %	50.13	158.09	13.76	0.55	-2.61
Normalized Net Income, 2 Yr. CAGR %	-5.09	3.9	34.2	13.25	6.22
Diluted EPS Before Extra, 2 Yr. CAGR %	47.29	155.58	14.77	2.52	-1.12
Accounts Receivable, 2 Yr. CAGR %	6.74	14.79	2.54	0.22	10.28
Inventory, 2 Yr. CAGR %	10.39	20.4	-0.22	-14	-2.46
Net Property, Plant and Equip., 2 Yr. CAGR %	10.96	7	-15.98	-29.79	-11.18
Total Assets, 2 Yr. CAGR %	10.96	18.26	2.7	-6.19	3.09
Tangible Book Value, 2 Yr. CAGR %	-22.04	-32.52	4.66	52.08	18.72
Common Equity, 2 Yr. CAGR %	3.95	17.22	18.41	14.62	8.76
Cash From Operations, 2 Yr. CAGR %	14.02	14.08	2.12	14.48	19.05
Capital Expenditures, 2 Yr. CAGR %	-18.37	-4.1	-0.42	-11.45	-1.15
Levered Free Cash Flow, 2 Yr. CAGR %	43.9	5.72	47	71.16	-10.95
Unlevered Free Cash Flow, 2 Yr. CAGR %	42.29	5.76	47.08	70.62	-10.76
Dividend Per Share, 2 Yr. CAGR %	11.14	14.71	17.51	20	21.77
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-2.33	2.68	7.47	3.68	-1.59
Gross Profit, 3 Yr. CAGR %	-4.27	0.56	4.29	5.56	3.31
EBITDA, 3 Yr. CAGR %	-0.76	6.55	15.33	14.94	7.85
EBITA, 3 Yr. CAGR %	-12.7	-2.03	10.84	11.88	5.19
EBIT, 3 Yr. CAGR %	-11.51	-0.74	12.49	17.7	9.23
Earnings From Cont. Operations, 3 Yr. CAGR %	0.8	26.66	76.04	6.48	-0.7
Net Income, 3 Yr. CAGR %	11.38	37.89	94.96	5.55	1.81
Normalized Net Income, 3 Yr. CAGR %	-2.11	6.33	14.05	18.29	16.34
Diluted EPS Before Extra, 3 Yr. CAGR %	9.86	36.06	94.86	6.87	3.5
Accounts Receivable, 3 Yr. CAGR %	3.01	7.46	8.35	3.04	5.49
Inventory, 3 Yr. CAGR %	6.33	14.61	5.32	-2.96	-8.47
Net Property, Plant and Equip., 3 Yr. CAGR %	4.27	8.2	-7.74	-20.25	-18.51
Total Assets, 3 Yr. CAGR %	5.46	12.99	7.98	1.03	-1.47
Tangible Book Value, 3 Yr. CAGR %	-14.3	-26.05	-9.15	15.45	32.39
Common Equity, 3 Yr. CAGR %	2.46	9.99	16.08	17.39	10.43
Cash From Operations, 3 Yr. CAGR %	2.94	6.16	13.82	6.45	17.11
Capital Expenditures, 3 Yr. CAGR %	-10.22	-8.08	-7.85	-2.95	-5.98
Levered Free Cash Flow, 3 Yr. CAGR %	15.43	1.65	68.35	14.24	49.89
Unlevered Free Cash Flow, 3 Yr. CAGR %	15.04	2.07	66.5	15.32	48.43
Dividend Per Share, 3 Yr. CAGR %	11.87	13.72	15.14	19.68	19.81
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-2.75	2.3	3.04	0.52	2.22
Gross Profit, 5 Yr. CAGR %	-3.14	1.46	1.45	0.52	3.54
EBITDA, 5 Yr. CAGR %	-2.89	6.69	7.78	3.56	7.8
EBITA, 5 Yr. CAGR %	-4.85	3.48	4.83	0.56	6.82
EBIT, 5 Yr. CAGR %	-4.85	4.68	5.69	1.35	7.77
Earnings From Cont. Operations, 5 Yr. CAGR %	8.09	14.29	6.78	13.68	38.47
Net Income, 5 Yr. CAGR %	23.85	20.33	12.33	21.53	47.7
Normalized Net Income, 5 Yr. CAGR %	8.11	15.95	11.46	8.71	10.86
Diluted EPS Before Extra, 5 Yr. CAGR %	17	19.71	11.76	21.46	48.55
Accounts Receivable, 5 Yr. CAGR %	-1.79	4.13	2.82	4.5	9.12
Inventory, 5 Yr. CAGR %	4.93	10.75	3.66	2.17	2.14
Net Property, Plant and Equip., 5 Yr. CAGR %	-0.74	4.4	-4.36	-8.99	-9.13
Total Assets, 5 Yr. CAGR %	-1.14	7.52	4.34	4.89	5.99
Tangible Book Value, 5 Yr. CAGR %	-3.41	-14.59	-7.17	-1.33	1.11
Common Equity, 5 Yr. CAGR %	5.21	7.91	8.56	11.82	13.1
Cash From Operations, 5 Yr. CAGR %	-0.47	3	2.61	9.42	15.88
Capital Expenditures, 5 Yr. CAGR %	-22.46	-13.38	-6.42	-9.44	-5.23
Levered Free Cash Flow, 5 Yr. CAGR %	85.87	-26.44	27.2	25.34	30.49
Unlevered Free Cash Flow, 5 Yr. CAGR %	68.38	-25.67	26.97	25.48	29.74
Dividend Per Share, 5 Yr. CAGR %	11.84	13.97	14.09	16.19	17.75