Hitachi
HTHIY · OTCHeavy Construction Other Than Bldg Const - Contractors · Fiscal year ends Mar 31 · Reports in JPY
Hitachi reported revenue of JPY 9,316B in the fiscal year ended Mar 2011, up 3.9% from the year before. Net income was JPY 239B. Operating cash flow of JPY 842B less capital expenditure of JPY 254B left free cash flow of JPY 587B. Net debt was JPY 1,084B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
|---|---|---|---|---|
| Revenue | JPY 11,227B | JPY 10,000B | JPY 8,969B | JPY 9,316B |
| Cost of revenue | JPY 8,778B | JPY 7,816B | JPY 6,849B | JPY 6,967B |
| Gross profit | JPY 2,449B | JPY 2,184B | JPY 2,119B | JPY 2,348B |
| Research & development | – | JPY 417B | JPY 372B | JPY 395B |
| Selling, general & admin | JPY 2,104B | JPY 2,057B | JPY 1,917B | JPY 1,904B |
| Interest expense | JPY 42.4B | JPY 33.8B | JPY 26.3B | JPY 24.9B |
| Pre-tax income | – | −JPY 290B | JPY 63.6B | JPY 432B |
| Income tax | JPY 272B | JPY 505B | JPY 148B | JPY 129B |
| Net income | −JPY 58.1B | −JPY 787B | −JPY 107B | JPY 239B |
| Diluted EPS | −17.77 | −236.87 | −29.20 | 49.38 |
Balance sheet
| Fiscal year | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
|---|---|---|---|---|
| Cash & equivalents | JPY 561B | JPY 808B | JPY 578B | JPY 555B |
| Inventory | – | JPY 1,456B | JPY 1,222B | JPY 1,342B |
| Current assets | – | JPY 5,065B | JPY 4,775B | JPY 4,900B |
| Net PP&E | – | JPY 2,394B | JPY 2,220B | JPY 2,111B |
| Goodwill | – | JPY 134B | JPY 166B | JPY 172B |
| Total assets | – | JPY 9,404B | JPY 8,964B | JPY 9,186B |
| Payables | – | JPY 1,139B | JPY 1,230B | JPY 1,237B |
| Current liabilities | – | JPY 4,622B | JPY 3,931B | JPY 4,089B |
| Short-term debt | – | JPY 532B | JPY 304B | JPY 338B |
| Long-term debt | – | JPY 1,290B | JPY 1,612B | JPY 1,300B |
| Total liabilities | – | JPY 7,224B | JPY 6,697B | JPY 6,744B |
| Shareholders' equity | JPY 3,313B | JPY 1,050B | JPY 1,285B | JPY 1,440B |
Cash flow
| Fiscal year | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
|---|---|---|---|---|
| Operating cash flow | JPY 792B | JPY 559B | JPY 798B | JPY 842B |
| Capital expenditure | JPY 474B | JPY 422B | JPY 286B | JPY 254B |
| Free cash flow | JPY 317B | JPY 137B | JPY 512B | JPY 587B |
| Depreciation & amortisation | JPY 541B | JPY 479B | JPY 442B | JPY 383B |
| Share buybacks | – | JPY 841M | JPY 115M | JPY 183M |
| Dividends paid | JPY 19.9B | JPY 19.8B | JPY 134M | JPY 22.5B |
Key ratios
| Fiscal year | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
|---|---|---|---|---|
| Revenue growth (YoY) | – | −10.9% | −10.3% | 3.9% |
| Gross margin | 21.8% | 21.8% | 23.6% | 25.2% |
| Net margin | −0.5% | −7.9% | −1.2% | 2.6% |
| Return on equityBlank when equity is negative | −1.8% | −75.0% | −8.3% | 16.6% |
| Free cash flow margin | 2.8% | 1.4% | 5.7% | 6.3% |
| Cash conversion (CFO ÷ net income) | −13.6x | −0.71x | −7.46x | 3.52x |
| Inventory days | – | 68 | 65 | 70 |
| Payable days | – | 53 | 66 | 65 |
| Debt ÷ equity | – | 1.73x | 1.49x | 1.14x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | – | JPY 1,013B | JPY 1,338B | JPY 1,084B |
| Current ratio | – | 1.10x | 1.21x | 1.20x |
Recent filings
More in Heavy Construction Other Than Bldg Const - Contractors
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.