Deterioration in Performance at Equity-Method Affiliates and Risk of Investment Impairment
First written in FY2016. 21 of 36 entries say "Mitigated", first in FY2017-Q3. Latest entry: FY2026.
Hitachi moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2019: 3 of 8 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Equity in earnings of affiliates decreased by ¥14.2 billion from the previous fiscal year to a profit of ¥44.1 billion.」
Equity in earnings of affiliates decreased from ¥58.3 billion in the previous fiscal year to ¥44.1 billion, and the earnings contribution from companies accounted for under the equity method deteriorated. - FY2026-H1MitigatedAnnual report
「Equity in earnings of affiliates increased by ¥8.2 billion year on year to a profit of ¥12.9 billion, mainly due to an improvement in Astemo's equity in earnings of affiliates, among other factors.」
Due to an improvement in Astemo's equity in earnings of affiliates, among other factors, equity in earnings of affiliates was ¥12.9 billion, up ¥8.2 billion year on year. - FY2025WorsenedAnnual report
「Equity in earnings of affiliates decreased by ¥16.9 billion from the previous fiscal year to a profit of ¥58.3 billion.」
Equity in earnings of affiliates decreased from ¥75.2 billion in the previous fiscal year to ¥58.3 billion, and the earnings contribution from companies accounted for under the equity method deteriorated. - FY2025-H1WorsenedAnnual report
「Equity in earnings of affiliates decreased by ¥28.5 billion year on year to a profit of ¥4.6 billion, mainly due to deterioration in Astemo's equity in earnings of affiliates, among other factors.」
Due to deterioration in Astemo's equity in earnings of affiliates, among other factors, equity in earnings of affiliates was ¥4.6 billion, down ¥28.5 billion year on year. - FY2024MitigatedAnnual report
「Equity in earnings of affiliates increased by ¥22.4 billion from the previous fiscal year to a profit of ¥75.2 billion.」
Equity in earnings of affiliates was ¥75.2 billion, up ¥22.4 billion year on year, and the earnings contribution from companies accounted for under the equity method improved. - FY2024-Q3MitigatedAnnual report
「Equity in earnings of affiliates increased by ¥8.6 billion year on year to a profit of ¥42.6 billion, mainly because Hitachi Construction Machinery Co.,Ltd. changed from a consolidated subsidiary of the Company to a company accounted for under the equity method in August 2022, among other factors.」
Equity in earnings of affiliates was ¥42.6 billion, up ¥8.6 billion year on year, and the earnings contribution from companies accounted for under the equity method improved. - FY2024-Q2MitigatedAnnual report
「Equity in earnings of affiliates increased by ¥6.5 billion year on year to a profit of ¥33.2 billion, mainly because Hitachi Construction Machinery Co.,Ltd. changed from a consolidated subsidiary of the Company to a company accounted for under the equity method in August 2022, among other factors.」
Equity in earnings of affiliates was ¥33.2 billion, up ¥6.5 billion year on year, and the earnings contribution from companies accounted for under the equity method improved. - FY2024-Q1MitigatedAnnual report
「Equity in earnings of affiliates increased by ¥6.9 billion year on year to a profit of ¥19.8 billion, mainly because Hitachi Construction Machinery Co.,Ltd. changed from a consolidated subsidiary of the Company to a company accounted for under the equity method, among other factors.」
Equity in earnings of affiliates was ¥19.8 billion, up ¥6.9 billion year on year, and the earnings contribution from companies accounted for under the equity method improved. - FY2023MitigatedAnnual report
「Equity in earnings of affiliates increased by ¥12.3 billion from the previous fiscal year to a profit of ¥52.8 billion.」
Equity in earnings of affiliates was ¥52.8 billion, up ¥12.3 billion year on year, and the earnings contribution from companies accounted for under the equity method improved. - FY2023-Q3MitigatedAnnual report
「Equity in earnings of affiliates increased by ¥0.6 billion year on year to a profit of ¥34.0 billion.」
Equity in earnings of affiliates was ¥34.0 billion, up ¥0.6 billion year on year, and the earnings contribution improved slightly. - FY2023-Q2MitigatedAnnual report
「Equity in earnings of affiliates increased by ¥3.2 billion year on year to a profit of ¥26.6 billion.」
Equity in earnings of affiliates for the first six months were a profit of ¥26.6 billion, an improvement of ¥3.2 billion year on year. - FY2022MitigatedAnnual report
「Equity in earnings of affiliates improved by ¥1.6 billion from the previous fiscal year to a profit of ¥40.4 billion.」
Equity in earnings of affiliates improved from a profit of ¥38.8 billion in the previous fiscal year to ¥40.4 billion, slightly easing the impact of deteriorating performance and investment loss risks at companies accounted for under the equity method. - FY2022-Q3MitigatedAnnual report
「Equity in earnings of affiliates increased by ¥25.9 billion year on year to a profit of ¥33.3 billion.」
Equity in earnings of affiliates was ¥33.3 billion, up ¥25.9 billion year on year, easing the risk of deteriorating performance and investment losses at companies accounted for under the equity method. - FY2022-Q2MitigatedAnnual report
「Equity in earnings of affiliates improved by ¥28.3 billion year on year to a profit of ¥23.4 billion.」
Equity in earnings of affiliates improved from a loss in the same period of the previous year to a profit of ¥23.4 billion, easing the adverse impact from companies accounted for under the equity method. - FY2022-Q1MitigatedAnnual report
「The share of profit or loss of investments accounted for using the equity method increased by ¥300 million from the same period of the previous year to a profit of ¥11,800 million.」
Equity in earnings of affiliates was ¥11.8 billion, up ¥0.3 billion year on year, representing a slight improvement in the earnings contribution. - FY2021WorsenedAnnual report
「The share of profit or loss of investments accounted for using the equity method decreased by ¥4,700 million from the previous fiscal year to a profit of ¥38,800 million.」
The share of profit or loss from equity-method investments remained profitable but decreased from ¥43,600 million in the previous fiscal year to ¥38,800 million. - FY2021-Q3WorsenedAnnual report
「The share of profit or loss of investments accounted for using the equity method decreased by ¥30,000 million from the same period of the previous year to a profit of ¥7,400 million.」
The share of profit or loss from equity-method investments decreased by ¥30,000 million year on year to a profit of ¥7,400 million, and the earnings contribution from equity-method affiliates deteriorated. - FY2021-Q2WorsenedAnnual report
「The share of profit or loss of investments accounted for using the equity method deteriorated by ¥32,400 million from the same period of the previous year to a loss of ¥4,900 million.」
The share of profit or loss from equity-method investments deteriorated from a profit in the same period of the previous year to a loss of ¥4,900 million, and the risk relating to the earnings contribution from equity-method affiliates re-emerged. - FY2021-Q1WorsenedAnnual report
「The share of profit or loss of investments accounted for using the equity method decreased by ¥5,500 million from the same period of the previous year to a profit of ¥11,500 million.」
Income from equity-method investments decreased by ¥5,500 million year on year, and the earnings contribution from equity-method affiliates deteriorated. - FY2020MitigatedAnnual report
「The share of profit or loss of investments accounted for using the equity method improved by ¥58,600 million from the previous fiscal year to a profit of ¥43,600 million.」
The share of profit or loss from equity-method investments improved from a loss of ¥15,000 million in the previous fiscal year to a profit of ¥43,600 million. - FY2020-Q3MitigatedAnnual report
「The share of profit or loss of investments accounted for using the equity method increased by ¥26,900 million from the same period of the previous year to a profit of ¥37,400 million.」
The share of profit or loss from equity-method investments improved by ¥26,900 million year on year to a profit of ¥37,400 million. - FY2020-Q2MitigatedAnnual report
「The share of profit or loss of investments accounted for using the equity method increased by ¥24,300 million from the same period of the previous year to a profit of ¥27,500 million.」
The share of profit or loss from equity-method investments improved by ¥24,300 million year on year to a profit of ¥27,500 million. - FY2020-Q1MitigatedAnnual report
「The share of profit or loss of investments accounted for using the equity method improved by ¥28,200 million from the same period of the previous year to a profit of ¥17,000 million.」
The share of profit or loss from equity-method investments improved from a loss in the same period of the previous year to a profit of ¥17,000 million, reducing the impact of the risk of deteriorating performance and investment losses at equity-method affiliates in the current quarter. - FY2019WorsenedAnnual report
「The share of profit or loss of investments accounted for using the equity method deteriorated by ¥77,400 million from the previous fiscal year to a loss of ¥15,000 million, due to foreign exchange losses at overseas equity-method affiliates and impairment losses on investments in equity-method affiliates, among other factors.」
The share of profit or loss from equity-method investments deteriorated from a profit of ¥62,400 million in the previous fiscal year to a loss of ¥15,000 million, reflecting the impact of foreign exchange losses and impairment losses on investments. - FY2019-Q3WorsenedAnnual report
「Income from equity-method investments decreased by ¥34,900 million from the same period of the previous year to ¥10,400 million.」
Income from equity-method investments decreased by ¥34,900 million year on year to ¥10,400 million, and the earnings contribution from equity-method affiliates deteriorated further. - FY2019-Q2WorsenedAnnual report
「Income from equity-method investments decreased by ¥18,300 million from the same period of the previous year to ¥3,100 million.」
Income from equity-method investments decreased by ¥18,300 million year on year to ¥3,100 million, and the earnings contribution from equity-method affiliates deteriorated from the same period of the previous year. - FY2019-Q1WorsenedAnnual report
「The share of profit or loss of investments accounted for using the equity method deteriorated by ¥28,700 million from the same period of the previous year to a loss of ¥11,100 million.」
The share of profit or loss from equity-method investments turned from a profit in the same period of the previous year to a loss of ¥11,100 million, deteriorating by ¥28,700 million year on year. The risk of deteriorating performance and investment losses at equity-method affiliates re-emerged. - FY2018MitigatedAnnual report
「The share of profit or loss of investments accounted for using the equity method improved by ¥109,600 million from the previous fiscal year, when an impairment loss related to the uranium enrichment business conducted by a US equity-method affiliate in the Social Innovation Business segment resulted in a loss of ¥47,100 million, to a profit of ¥62,400 million.」
The share of profit or loss from equity-method investments turned from a loss of ¥47,100 million in the previous fiscal year to a profit of ¥62,400 million, substantially improving the adverse impact related to equity-method affiliates. - FY2018-Q3MitigatedAnnual report
「Income from equity-method investments increased by ¥11,300 million from the same period of the previous year to ¥45,400 million.」
Income from equity-method investments increased by ¥11,300 million year on year to ¥45,400 million, indicating an improvement in the risk of deteriorating performance and investment losses at equity-method affiliates. - FY2018-Q2MitigatedAnnual report
「Income from equity-method investments increased by ¥18,100 million from the same period of the previous year to ¥21,400 million.」
Income from equity-method investments increased by ¥18,100 million year on year, indicating an improvement in the risk of deteriorating performance and investment losses at equity-method affiliates. - FY2018-Q1MitigatedAnnual report
「The share of profit or loss of investments accounted for using the equity method was a profit of ¥17,500 million, compared with a loss of ¥2,200 million in the same period of the previous year.」
The share of profit or loss from equity-method investments turned from a loss in the same period of the previous year to a profit of ¥17,500 million, improving in the current quarter from the deterioration related to equity-method affiliates that emerged in the previous fiscal year. - FY2017WorsenedAnnual report
「The share of profit or loss of investments accounted for using the equity method deteriorated by ¥47,300 million from the previous fiscal year to a loss of ¥47,100 million, mainly because an impairment loss was recognized in the Social Innovation Business segment in connection with the uranium enrichment business conducted by a US equity-method affiliate.」
The share of profit or loss from equity-method investments was a loss of ¥47,100 million, reflecting deterioration including ¥66,477 million in losses related to the withdrawal of a US affiliate from its uranium enrichment business. - FY2017-Q3MitigatedAnnual report
「Income from equity-method investments increased by ¥19,300 million from the same period of the previous year to ¥34,100 million.」
Income from equity-method investments increased year on year, indicating an improvement in the nine months ended the third quarter from the loss in the first quarter and the year-on-year deterioration through the second quarter. - FY2017-Q2MaterialisedAnnual report
「Income from equity-method investments decreased by ¥8,600 million from the same period of the previous year to ¥3,300 million.」
Income from equity-method affiliates decreased year on year. Although it improved from the loss in the first quarter, the adverse year-on-year impact continued. - FY2017-Q1MaterialisedAnnual report
「The share of profit or loss of investments accounted for using the equity method was a loss of ¥2,200 million, compared with a profit of ¥4,500 million in the same period of the previous year.」
The share of profit or loss from equity-method affiliates turned from a profit in the same period of the previous year to a loss in the current quarter. - FY2016First statedAnnual report
「Losses of equity-method affiliates are recognized in the consolidated financial statements in proportion to the ownership interests of the Company and its consolidated subsidiaries.」
Income from equity-method investments decreased from ¥46,600 million in the previous fiscal year to ¥200 million in the current fiscal year, with the deterioration in the profitability of overseas equity-method affiliates reflected in the results.