Nov. 1, 2011, 3:46 AM
Nov. 1, 2011, 3:16 AMHitachi (HIT): FQ2 net profit -33% to ¥48B ($614M), operating profit -9% to ¥118.2B, revenue +3% to ¥2.42T. Strong yen and poor performances at its power plant, IT and electronic-device operations hurt earnings. Hitachi reiterates FY forecasts: net profit -16% to ¥200B, operating profit -10% to ¥400B, revenue +2% to ¥9.5T. | Comment!
May 11, 2011, 10:29 AMHitachi's (HIT -0.25%) FQ4 operating profit tumbles 34% to ¥106.62B ($1.3B) as the March earthquake hits mainstay businesses such as industrial machinery and electric power. Revenue rose 5% to ¥2.55T but would have been higher. Hitachi says the quake will continue to hurt it this fiscal year. (PR) | Comment!
HTHIY vs. ETF Alternatives
Hitachi and its subsidiaries are engaged in the development, production, sale and service of electrical machinery, semiconductors and computers. Co. is divided into seven business divisions: information & communication systems, electronic devices, digital media & consumer products, high... More
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