6501
Hitachi, Ltd.
株式会社日立製作所
Electric Appliances
Hitachi, Ltd. provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally. It operates through Digital Systems & Services, Green Energy & Mobility, Connective Industries, and Others segments. The company offers system integration, consulting, cloud services, storage, servers, software, and ATMs; finance solutions, social infrastructure information systems, public IT solutions, industrial internet of things, digital engineering, control system, and cloud services; and IT products, such as data management and storage. It also provides power grids, clean, nuclear, renewable energy, and railway systems, such as rolling stock, signaling, supervision, telecommunications, and ticketing and payment solutions; automotive automation, including automotive assembly, glass applications, press automation, powertrain, paint and sealer applications, and tyre and wheel systems; and emobility solutions, as well as elevators and escalators, home appliances, air conditioners, industry and distribution solution, water and environment solutions, and industrial machinery. In addition, the company offers semiconductor manufacturing equipment; electron microscopes and atomic force microscopes; analytical systems, such as spectrophotometers, thermal analysis and chromatography systems, x-ray fluorescence analyzers, silicon drift detectors, potentiometric titrator, laser induced breakdown spectroscopy, and magnetic induction devices; clinical analyzers, and treatment and diagnostics solutions; and property management and other services. The company serves semiconductors, automotive , electrical, chemical and pharmaceuticals, healthcare, life-sciences, ICT, metals and mining, engineering and manufacturing, oils and petrochemicals, nonmetal materials, energy and batteries, environment, recycling, food and beverage, utilities, and other industries. Hitachi, Ltd. was founded in 1910 and is headquartered in Tokyo, Japan.
Price
¥5,166
Market Cap
¥23.6T
Ent. Value
¥22.4T
Net Cash
¥1.3T
Shares Out.
4.6B
P / E
29.2×
EV / EBIT
18.7×
P / Book
3.54×
P / NCAV
N/M
Div. Yield
0.45%
Financials
| Metric |
FY 2025
TDnet |
FY 2024
TDnet |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Net Sales | ¥10,586.8B | ¥10,586.8B | ¥9,728.7B | ¥10,881.1B | ¥10,264.6B |
| Cost of Sales | ¥7,407.3B | ¥7,407.3B | ¥7,146.6B | ¥8,192.1B | ¥7,706.0B |
| Gross Profit | ¥3,179.5B | ¥3,179.5B | ¥2,582.1B | ¥2,689.1B | ¥2,558.6B |
| SG&A | ¥1,980.3B | ¥1,980.3B | ¥1,826.3B | ¥1,940.9B | ¥1,820.4B |
| Operating Income | ¥1,199.3B | ¥971.6B | — | — | — |
| Non-Operating Income | — | ¥53.9B | ¥17.4B | ¥7.9B | ¥27.9B |
| Interest Income | — | ¥32.0B | ¥38.8B | ¥25.7B | ¥15.5B |
| Non-Operating Expenses | — | ¥12.9B | ¥10.0B | ¥20.4B | ¥97M |
| Interest Expense | — | ¥46.9B | ¥70.9B | ¥51.3B | ¥27.1B |
| Ordinary Income | ¥1,311.4B | ¥1,083.5B | — | — | — |
| Pre-tax Income | ¥1,273.1B | ¥1,273.1B | ¥825.8B | ¥820.0B | ¥839.3B |
| Net Income (owners) | ¥802.4B | ¥802.4B | ¥589.9B | ¥649.1B | ¥583.5B |
| Minority Interest | — | ¥41.1B | ¥36.9B | ¥54.7B | ¥87.4B |
| Comprehensive Income | — | ¥563.2B | ¥1,078.5B | ¥1,021.3B | ¥1,130.9B |
| EPS | ¥176.76 | ¥176.76 | ¥634.57 | ¥684.55 | ¥603.75 |
| Shares Outstanding | — | 4.58B | 926.6M | 937.5M | 967.2M |
| Shares Issued (total) | — | 4.58B | 927.2M | 938.1M | 968.2M |
| Treasury Shares | — | 2.5M | 0.6M | 0.5M | 1.0M |
| Metric |
FY 2025
TDnet |
FY 2024
TDnet |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥15,041.2B | ¥15,041.2B | ¥12,221.3B | ¥12,501.4B | ¥13,887.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥7,867.2B | ¥7,867.2B | ¥5,854.6B | ¥5,928.5B | ¥6,599.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥1,323.5B | ¥1,323.5B | ¥705.4B | ¥833.3B | ¥968.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥7,174.0B | ¥7,174.0B | ¥6,366.7B | ¥6,572.9B | ¥7,288.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥1,652.9B | ¥1,652.9B | ¥1,221.8B | ¥1,700.5B | ¥2,478.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | — | ¥2,486.8B | ¥2,371.7B | ¥2,165.3B | ¥2,153.7B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | — | ¥1,200.0B | ¥1,178.8B | ¥1,244.7B | ¥1,257.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥8,268.6B | ¥8,268.6B | ¥6,361.7B | ¥7,165.8B | ¥8,532.2B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥7,167.1B | ¥7,167.1B | ¥4,802.6B | ¥5,166.2B | ¥5,854.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | ¥43.4B | ¥43.4B | ¥37.8B | ¥777.6B | ¥1,234.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥1,101.5B | ¥1,101.5B | ¥1,559.1B | ¥1,999.7B | ¥2,678.2B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥6,772.6B | ¥6,772.6B | ¥5,859.6B | ¥5,335.6B | ¥5,355.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | — | — | — | — | ¥46.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥4,759.8B | ¥4,759.8B | ¥4,084.7B | ¥3,637.2B | ¥3,197.7B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | — | ¥-8.6B | ¥-5.0B | ¥-3.5B | ¥-3.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥6,568.4B | ¥6,568.4B | ¥5,703.7B | ¥4,942.9B | ¥4,341.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | — | ¥184.3B | ¥155.9B | ¥392.7B | ¥1,013.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt ⓘ | ¥43.4B | ¥43.4B | ¥37.8B | ¥777.6B | ¥1,234.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥1,280.1B | ¥1,280.1B | ¥667.5B | ¥55.6B | ¥-265.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥-401.4B | ¥-401.4B | ¥-507.1B | ¥-1,237.3B | ¥-1,932.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | — | ¥-88 | ¥-547 | ¥-1,320 | ¥-1,998 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | — | ¥1,435 | ¥6,156 | ¥5,272 | ¥4,489 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2025
TDnet |
FY 2024
TDnet |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Operating CF | ¥1,668.1B | ¥1,668.1B | ¥956.6B | ¥827.0B | ¥729.9B |
| Investing CF | ¥-341.6B | ¥-341.6B | ¥-131.5B | ¥151.1B | ¥-1,048.9B |
| CapEx | ¥351.8B | ¥351.8B | ¥232.9B | ¥252.6B | ¥297.0B |
| Financing CF | ¥-971.0B | ¥-971.0B | ¥-1,024.9B | ¥-1,143.0B | ¥202.7B |
| Free Cash Flow | ¥1,316.3B | ¥1,316.3B | ¥723.7B | ¥574.4B | ¥433.0B |
| Net Change in Cash | — | ¥160.9B | ¥-127.9B | ¥-135.5B | ¥-47.1B |
| Metric |
FY 2025
TDnet |
FY 2024
TDnet |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| ROE | 11.8% | 12.7% | 10.5% | 12.1% | 10.9% |
| ROA | 5.3% | 5.9% | 4.8% | 4.9% | 4.2% |
| EPS | ¥176.76 | ¥176.76 | ¥634.57 | ¥684.55 | ¥603.75 |
| DPS | ¥23.00 | ¥23.00 | ¥180.00 | ¥145.00 | ¥125.00 |
| BPS | ¥1,459.71 | ¥1,459.71 | — | — | — |
| FCF/Share | — | ¥288 | ¥781 | ¥613 | ¥448 |
| NCAV/Share | — | ¥-88 | ¥-547 | ¥-1,320 | ¥-1,998 |
| Payout Ratio | 13.0% | 13.0% | 28.4% | 21.2% | 20.7% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 3
Capital Allocation Signals 1
| Date | Type | Amount | Summary | |
|---|---|---|---|---|
|
2026-05-14
15:30
|
Div Increase | ¥121.5B ¥27.0/sh +23% | Hitachi, announced a final dividend of ¥27 per share for the fiscal year ending March 31, 2026, totaling ¥121.5 billion,… | |
|
Summary
Hitachi, announced a final dividend of ¥27 per share for the fiscal year ending March 31, 2026, totaling ¥121.5 billion, representing a significant 22.7% increase from the prior year's ¥22 per share. The dividend will be paid from retained earnings with an effective date of June 4, 2026, bringing the full-year dividend to ¥50 per share, up from ¥43 in the prior fiscal year.
Deadline: 2026-06-04
Shares: 4,499,762,162
YoY: +23%
Source (JP)
2026年3月期 期末配当について、業績等の状況に鑑み、1株当たり配当金27円、配当金の総額121,493百万円とすることを決定
剰余金の配当(期末配当)に関するお知らせ
TDnet PDF
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| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社(信託口)
|
788,876,600 | 17.23% |
| 2 |
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
|
270,599,100 | 5.91% |
| 3 |
State Street Bank and Trust Company
ステート ストリート バンク アンド トラスト カンパニー 505001 (常任代理人 株式会社みずほ銀行)
|
143,436,447 | 3.13% |
| 4 |
State Street Bank and Trust Company
ステート ストリート バンク ウェスト クライアント トリーティー 505234 (常任代理人 株式会社みずほ銀行)
|
98,697,835 | 2.16% |
| 5 | モックスレイ・アンド・カンパニー・エルエルシー (常任代理人 株式会社みずほ銀行) | 95,208,929 | 2.08% |
| 6 |
JPMorgan Chase Bank, N.A.
ジェーピー モルガン チェース バンク 385632 (常任代理人 株式会社みずほ銀行)
|
89,489,070 | 1.95% |
| 7 |
State Street Bank and Trust Company
ステート ストリート バンク アンド トラスト カンパニー 505223 (常任代理人 株式会社みずほ銀行)
|
85,424,943 | 1.87% |
| 8 |
Nippon Life Insurance
日本生命保険相互会社
|
84,499,995 | 1.85% |
| 9 |
Employee Stock Ownership Plan
日立グループ社員持株会
|
79,042,957 | 1.73% |
| 10 |
GOVERNMENT OF NORWAY
GOVERNMENT OF NORWAY (常任代理人 シティバンク、エヌ・エイ)
|
77,771,030 | 1.70% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
23.1%
+0.2% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
9.1%
+0.9% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
7.4%
-1.2% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 39.6% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Japan Master Trust Bank 日本マスタートラスト信託銀行 | 18.20% | 16.80% | 17.23% +0.43% | |
| State Street | 6.56% | 6.58% | 7.16% +0.58% | |
| Japan Custody Bank 日本カストディ銀行 | 6.67% | 6.19% | 5.91% -0.28% | |
| モックスレイ・アンド・カンパニー・エルエルシー NEW ENTRY | — | — | — | 2.08% NEW |
| JP Morgan ↑ | 1.57% | 1.65% | 1.95% +0.30% | |
| Nippon Life Insurance 日本生命保険 | 2.13% | 2.16% | 1.85% -0.31% | |
| Employee Stock Ownership Plan 日立グループ社員持株会 | 2.10% | 1.90% | 1.73% -0.17% | |
| GOVERNMENT OF NORWAY | 2.62% | 2.28% | 1.70% -0.58% | |
| ナッツ クムコ last seen 2024 | Exited Top 10 | 1.85% | 2.24% | — |
| Concentration (HHI) ⓘ | 440 | 385 | 401 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥37,111M
-83% since 2023
Holdings
40
+3 new
12 exited
Trend
3 unwinding
vs 2023
| Held Company | FY2025 ¥37,111M total | FY2023 ¥212,998M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
Central Japan Railway Company
東海旅客鉄道
|
12,843 |
+400.0%
↑
4,500,000
|
14,229 | 900,000 | |
|
SEIBU HOLDINGS INC.
西武ホールディングス
|
4,249 |
1,286,900
|
1,748 | 1,286,900 | |
|
DAIICHI SANKYO COMPANY, LIMITED
第一三共
|
3,159 |
900,000
|
4,339 | 900,000 | |
|
The Chiba Bank, Ltd.
千葉銀行
|
2,798 |
-33.3%
↓
2,000,000
|
2,565 | 3,000,000 | M |
|
SAPPORO HOLDINGS LIMITED
サッポロホールディングス
|
2,294 |
-49.7%
↓
300,800
|
2,034 | 597,600 | M |
|
Electric Power Development Co., Ltd.
電源開発
|
1,324 |
523,280
|
1,115 | 523,280 | M |
|
West Japan Railway Company
西日本旅客鉄道
|
1,254 |
+100.0%
↑
430,000
|
1,173 | 215,000 | |
|
ONO PHARMACEUTICAL CO., LTD.
小野薬品工業
|
961 |
600,000
|
1,658 | 600,000 | M |
|
Kyoto Financial Group, Inc.
京都フィナンシャルグループ
|
910 |
NEW
New
400,000
|
— | ||
|
譬ェ蠑丈シ夂、セ繧ス繝ゥ繧ウ繝
ソラコム
|
872 |
NEW
New
962,400
|
— | ||
|
Keio Corporation
京王電鉄
|
786 |
206,574
|
959 | 206,574 | M |
|
SEIKO ELECTRIC CO., LTD.
正興電機製作所
|
724 |
-24.1%
↓
630,320
|
843 | 830,320 | M |
|
TOKYU CORPORATION
東急
|
663 |
394,016
|
694 | 394,016 | M |
| Taragaon Regency Hotel | 622 |
+4.0%
↑
528,351
|
239 | 508,030 | |
|
The Keiyo Bank, Ltd.
京葉銀行
|
493 |
550,275
|
311 | 550,275 | M |
|
Keihan Holdings Co.,Ltd.
京阪ホールディングス
|
396 |
121,927
|
421 | 121,927 | |
|
TOMONY Holdings,Inc.
トモニホールディングス
|
365 |
679,200
|
239 | 679,200 | M |
|
Kintetsu Group Holdings Co.
近鉄グループホールディングス
|
332 |
104,291
|
444 | 104,291 | |
|
繧オ繧、繝舌�シ繝医Λ繧ケ繝域ェ蠑丈シ夂、セ
サイバートラスト
|
295 |
+100.0%
↑
128,000
|
100 | 64,000 | |
|
The Kita-Nippon Bank,Ltd.
北日本銀行
|
235 |
73,500
|
145 | 73,500 | M |
|
Aichi Financial Group Co., Ltd.
あいちフィナンシャルグループ
|
211 |
74,112
|
159 | 74,112 | |
|
THE SHIGA BANK,LTD.
滋賀銀行
|
210 |
40,000
|
107 | 40,000 | M |
|
Euglena Co., Ltd.
ユーグレナ
|
189 |
375,000
|
352 | 375,000 | |
|
San ju San Financial Group,Inc
三十三フィナンシャルグループ
|
174 |
73,623
|
116 | 73,623 | |
|
THE TOCHIGI BANK, LTD.
栃木銀行
|
162 |
513,150
|
140 | 513,150 | |
|
Senshu Ikeda Holdings,Inc.
池田泉州ホールディングス
|
137 |
315,327
|
73 | 315,327 | |
|
THE TAIKO BANK,LTD.
大光銀行
|
126 |
88,000
|
97 | 88,000 | |
| INNORULES CO., LTD. | 92 |
150,000
|
179 | 150,000 | |
|
THE DAITO BANK, LTD.
大東銀行
|
77 |
110,000
|
70 | 110,000 | |
|
Informetis Co., Ltd.
インフォメティス
|
67 |
NEW
New
80,400
|
— | ||
|
THE BANK OF KOCHI,LTD
高知銀行
|
55 |
69,900
|
47 | 69,900 | |
|
TOMATO BANK,LTD.
トマト銀行
|
36 |
30,000
|
30 | 30,000 | |
|
Shin-Etsu Chemical Co., Ltd.
信越化学工業
|
— | — | M | ||
| レゾナックホールディングス | — | — | |||
|
Maxell, Ltd.
マクセル
|
— | — | |||
| 愛知銀行 | — | — | |||
|
The Chukyo Bank, Limited
中京銀行
|
— | — | |||
|
Jimoto Holdings,Inc.
じもとホールディングス
|
— | — | |||
| みちのく銀行 | — | — | |||
| 長野銀行 | — | — | |||
|
Japan Metallurgical & Chemical Co., Ltd.
日本冶金工業
|
— |
−100%
Exit
—
|
172 | 40,425 | |
|
Daido Signal Co.,Ltd.
大同信号
|
— |
−100%
Exit
—
|
129 | 300,000 | M |
|
Nishi-Nippon Railroad Co.,Ltd.
西日本鉄道
|
— |
−100%
Exit
—
|
14 | 6,000 | |
|
Procrea Holdings, Inc.
プロクレアホールディングス
|
— |
−100%
Exit
—
|
10 | 5,211 | |
|
Renesas Electronics Corporation
ルネサスエレクトロニクス
|
— |
−100%
Exit
—
|
118,618 | 61,990,548 | |
|
Mitsubishi HC Capital Inc.
三菱HCキャピタル
|
— |
−100%
Exit
—
|
39,458 | 57,688,280 | |
| Western Digital | — |
−100%
Exit
—
|
15,556 | 3,125,000 | |
|
East Japan Railway Company
東日本旅客鉄道
|
— |
−100%
Exit
—
|
2,979 | 406,200 | |
|
The Bank of Kyoto
京都銀行
|
— |
−100%
Exit
—
|
625 | 100,000 | |
|
TOSOH CORPORATION
東ソー
|
— |
−100%
Exit
—
|
590 | 328,500 | |
|
ANA HOLDINGSINC.
ANAホールディングス
|
— |
−100%
Exit
—
|
143 | 50,000 | |
|
Tokyo Kiraboshi Financial Group, Inc.
東京きらぼしフィナンシャルグループ
|
— |
−100%
Exit
—
|
78 | 30,000 | M |
| Portfolio total | 37,111 | 212,998 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding