Hitachi Ltd (HIT) reported second-quarter net loss of 48.11 billion yen versus profit of 9.9 billion yen a year ago. Net loss attributable to Hitachi was 50.56 billion yen or 15.21 yen per share, compared to a loss of 17.37 billion yen or 5.29 yen per share in the year-ago quarter.
Net loss attributable to Hitachi Ltd per ADS was 152 yen, compared to a loss of of 53 yen in the same quarter last year.
Sales declined to 2.23 trillion yen from 2.76 trillion yen in the same quarter last year.
Hitachi affirmed full-year expectations, revised earlier this week. The company now expects net loss attributable to Hitachi Ltd of 230 billion yen, on revenues of 8.7 trillion yen, compared to July projections for 270 billion yen loss, on revenues of 8.9 trillion yen.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.