Hitachi revised upward its consolidated earnings forecast for the fiscal year ending March 2027. The power transmission and distribution business was the main factor behind the upward revision.
Hitachi revised upward its consolidated earnings forecast for the fiscal year ending March 2027. The new forecast is presented on an International Financial Reporting Standards (IFRS) basis, with the contribution from the power transmission and distribution business identified as a key driver.
The power transmission and distribution business was primarily responsible for the improvement in earnings, while the article does not provide details on the contributions from other segments. The news is based on a report distributed by Jiji Press, and further details of the official announcement will need to await subsequent disclosure.