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Hitachi HIT Issuance of common stock in connection with the Spin-Off and reclassification of net parent investment

Issuance of common stock in connection with the Spin-Off and reclassification of net parent investment at other companies

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$1.82M+3.1%
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Other financials

Income statement

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Revenue$8.8M+9.4%
Gross profit$4.5M-15.8%
Net income-$1.6M-419%
EPS (diluted)-$0.03-400%

Balance sheet

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Cash & equivalents$10.3M+36.3%
Total debt$121.6K-36.2%
Total equity$21.6M+52.6%
Total assets$29.0M+35.8%

Cash flow

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Operating cash flow-$3.3M-729%

Valuation

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Market cap$66.21M+51.3%
Enterprise value$56.01M+56.5%
P/S1.9×+0.3×

Profitability

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Gross margin58.9%-15.5pp
Net margin9.3%

Returns & leverage

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Return on equity105.4%
Debt / equity0.0×
Current ratio3.1×+0.8×

Where this comes from

Reported directly by Hitachi in its filing.

Tagged under the XBRL concept us-gaap:StockIssuedDuringPeriodValueNewIssues.

The official record: Hitachi’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hitachi's issuance of common stock in connection with the spin-off and reclassification of net parent investment?
Hitachi (HIT) reported issuance of common stock in connection with the spin-off and reclassification of net parent investment of $5.93M in Q1 2026.
What does issuance of common stock in connection with the spin-off and reclassification of net parent investment mean?
Reflects the total monetary value of new common stock issued during the reporting period, often associated with corporate restructuring, spin-offs, or capital raising activities. This metric helps investors understand changes in equity structure and potential dilution.