Hitachi Limited operates in the Computer related services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hitachi Limited with three other
computer services in Asia:
Digital Hearts Holdings Co Ltd
(2021
sales of 22.67 billion Japanese Yen [US$207.65 million]
of which 69%
was entertainment),
NEC Networks & System Integration Corporation
(339.11 billion Japanese Yen [US$3.11 billion]
of which 37%
was Digital Solutions Business), and
NS Solutions Corporation
(251.99 billion Japanese Yen [US$2.31 billion]
of which 64%
was Business Solutions).
Sales Analysis.
During the first
fiscal
quarter of 2022, sales at Hitachi Limited totalled
¥2.37 trillion.
This is
an increase of 48.5%
from the ¥1.59 trillion in sales at the company during the first quarter of 2021.
This was the biggest same quarter rise in sales at Hitachi Limited in the previous 34 quarters.
Sales at Hitachi Limited appear to have some seasonality: during each of the previous 9
fiscal
years, sales have been highest during the fourth quarter, which has accounted for
between 27.6% and 31.5%
of the annual
fiscal year
sales.
Hitachi Limited reported sales of ¥8.73 trillion (US$79.96 billion)
for the
fiscal
year ending
March of 2021.
This
represents
a
decrease of 0.4%
versus 2020, when the company's sales were ¥8.77 trillion.
Contributing to the drop in overall sales was the 13.6% decline
in Hitachi Metals, from ¥851.22 billion to ¥735.73 billion.
There were also decreases in sales in
Hitachi Construction Machinery (down 12.7% to ¥812.34 billion)
.
However, these declines were partially offset by the increase in sales of
Life (up 49.3% to ¥2.14 trillion)
and
Mobility (up 5.2% to ¥1.19 trillion)
and
Energy (up 215.5% to ¥1.05 trillion)
and
Industry (up 0.9% to ¥669.96 billion)
.