{
  "id": 17018475,
  "title": "Hitachi shares slide as Q2 profit drop overshadows strong top-line earnings",
  "url": "https://urgent.news/2026/10/29/hitachi-shares-slide-as-q2-profit-drop-overshadows-strong-top-line",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T05:45:38.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/hitachi-shares-slide-as-q2-profit-drop-overshadows-strong-topline-earnings-4981528"
  },
  "original_language": "en",
  "account": "Hitachi Ltd shares plummeted 10.5% on Thursday, becoming the weakest performer on Japan's Nikkei index, as a decline in second-quarter profits contrasted with a record revenue. The stock closed at ¥5,030, while the Nikkei 225 index increased by 1.2%.\n\nHitachi's revenue surged 15% year-over-year to a record ¥2.904 trillion, prompting the company to raise its full-year profit forecast for fiscal 2026. The company upgraded its net profit outlook from ¥900 billion to ¥920 billion, disclosed on Wednesday evening. However, net income attributable to shareholders declined to ¥227.1 billion from ¥280.6 billion due to a one-time cost surge in the Digital Systems & Services segment.\n\nThe rise in revenue did not suffice to counteract the drop in bottom-line profit, as the stock approached a five-year high in valuation multiples. Despite raising its interim dividend to ¥32 per share, the company's share buyback program remained on track, with 52% of the ¥550 billion full-year program completed.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}