TOKYO -- Hitachi shares reached a roughly 20-year high in Tokyo trading on Friday, buoyed by forecasts that the company is headed toward a record net profit for the second year in a row for the 12 months ending March 2022.
Investors bullish over profit boost from restructuring drive
Hitachi is looking to transform itself from an industrial conglomerate to a services-driven company. © Reuters
TOKYO -- Hitachi shares reached a roughly 20-year high in Tokyo trading on Friday, buoyed by forecasts that the company is headed toward a record net profit for the second year in a row for the 12 months ending March 2022.