Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Hitachi Reports Steady Appliance Sales
May 16, 2013
 Printable format
 Email this Article
 Search

Hitachi, Ltd. (Tokyo) reported fiscal year revenues of 9,041,071 million yen (approx. US$96,182 million), compared to 9,665,883 million yen in the previous fiscal year. Hitachi's fiscal year 2012 ended March 31, 2013.

Operating income in FY 2012 was 422,028 million yen (approx. $4,490 million), from 412,280 million yen in FY 2011.

Hitachi is a diversified company with several product segments. Its Digital Media & Consumer Products segment produces consumer electronics products, including TVs, DVD drives, and data storage media. The segment also produces a number of appliances:
* air-conditioning equipment
* refrigerators
* room air conditioners
* washing machines

Digital Media & Consumer Products had FY 2012 revenues of 818.5 billion yen (approx $8,708 million), down 5% from FY 2011. The segment reported an operating loss of 5.3 billion yen (approx. $57 million), a 5.5 billion yen improvement from FY 2011.

The segment recorded steady sales of home appliances in FY 2012. The overall segment decrease came from lower sales in flat-panel TVs and lower optical disk drive sales caused by reduced prices.
The improvement in the operating loss reflected the benefits of reforms to the TV business structure reforms. FY 2011 had also been impacted by flooding in Thailand.

Back to Daily News

 

Daily News

...........................................................

May 22, 2014: AHAM Honors Top Home Appliance Industry Leaders

May 22, 2014: Affluent Consumers' Confidence Drops

May 21, 2014: Companies Must Apply for European HFC Quotas by July 1

May 21, 2014: New Game Consoles Energy Use Costs $400 Million/Year in Standby Mode

May 21, 2014: Whirlpool Tops Customer Experience Rating Survey

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows