Hitachi Lifts FY2027 Profit Forecast on Surge in AI Data Center Power Demand

Hitachi has raised its profit guidance for the fiscal year ending March 2027, citing exceptional demand for power transmission and distribution equipment as artificial intelligence infrastructure buildout accelerates across Asia-Pacific. The Japanese conglomerate revised its consolidated net profit forecast to ¥900 billion (approximately $5.5 billion), up 12.2% from the prior year, and lifted operating profit guidance to ¥1.408 trillion, up from ¥1.315 trillion. Revenue is expected to reach ¥11.7 trillion, reflecting 10.5% year-on-year growth.