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Tokyo, Japan, Published date 27 April, 2023

Hitachi Announces Consolidated Financial Results for Fiscal 2022

Select category Corporate News Finance

Hitachi Announces Consolidated Financial Results for Fiscal 2022

Tokyo, April 27, 2023 --- Hitachi, Ltd. (TSE:6501) today announced its consolidated

financial results for fiscal 2022, ended March 31, 2023.



(Billions of yen)

Year ended March 31, 2022 (A)

Year ended March 31, 2023 (B)

(B)/(A) (%)

1. Revenues10,264.610,881.1106
2. Adjusted operating income738.2748.1101
3. Adjusted EBITA (Adjusted Earnings before interest, taxes   and amortization)855.3884.6103
4. Income before income taxes839.3819.998
5. Net income670.8703.8105
6. Net income attributable to Hitachi, Ltd. stockholders583.4649.1111
7. Earnings per share attributable to Hitachi, Ltd. stockholders















Notes: 1. The Company's consolidated financial statements are prepared based on IFRS.

2. "Adjusted operating income" is presented as revenues less cost of sales as well as selling, general and administrative expenses.

3."Adjusted EBITA" = Adjusted operating income + Acquisition-related amortization + Share of profits(losses) of investments accounted for

using the equity method.

4. The figures are for 696 consolidated subsidiaries and 267 equity-method associates and joint ventures.


Download the PDF to read the full details of the financial results for fiscal 2022.


Hitachi Europe Media contact

Kelly Smith

phone call us 01628 585379
Tokyo, Japan, 27 April 2023
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