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Nichiha's Nine-Month Profit Plunges 33%
Hitachi, upward revision on March 25, operating profit 930 billion yen, up from 875 billion yen.
Hitachi <9501> announced a revision of the performance forecast for the fiscal year ending March 2025. Revenue has been revised upward from 9 trillion 150 billion yen to 9 trillion 700 billion yen, and operating profit has been increased from 875 billion yen to 930 billion yen. The revenue of its subsidiary, Hitachi Energy, engaged in power transmission and distribution networks, is growing, and the "Lumada" business that supports corporate digital transformation (DX) is also performing well. The depreciation of the yen against the Exchange Rates (1 dollar = 145 yen) is also boosting revenue. [Positive Assessment] <95
Express News | Nichiha 9-Mth Group Operating Profit 5.59 Bln Yen (-27.2 %), 2024/25 Forecast Profit 7.00 Bln Yen (-31.4 %)
Express News | Nichiha 9-Mth Group Net Profit 3.77 Bln Yen (-33.0 %), 2024/25 Forecast Profit 4.50 Bln Yen (-44.2 %)
Nichiha: Presentation of financial results for the 3rd quarter of the fiscal year ending March 31, 2025
Nichiha: Summary of Financial Results for the 3rd Quarter Ending March 31, 2025 [Japanese GAAP] (Consolidated)