Hitachi, Ltd. (6501.T)

Hitachi's price dropped roughly a twentieth of its value in a single week on heavier-than-usual trading.

What is going on right now?

Hitachi fell about 4% in a day while trading volume ran about 30% above its usual pace. A political scandal in Japan's cabinet has shaken confidence across Japanese stocks broadly, with the wider market down about 11% from its early-October peak.

How is the business itself doing?

Revenue grew about 20% over the past year, but actual profit barely budged, up less than 1%. Hitachi makes everything from power equipment to digital infrastructure, and it carries very little debt, only about 16% of its own capital.

What stands out?

Hitachi earns a meaningful share of its money abroad, and the yen recently hit a five-week high. A stronger yen shrinks the value of those overseas earnings when converted back.

What comes next?

Hitachi's next earnings report is due October 28, 2026, the first to reflect how fast data-center spending is flowing into its digital systems business.