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 Half-Year Profits Down 39%
Nov 1, 2005
 Printable format
 Email this Article
 Search

Hitachi Ltd. (Tokyo) posted a 39 percent decrease in operating income for the second quarter of fiscal 2005, ended Sept. 30, 2005. The diversified electronics and appliances maker recorded operating income of 77.7 billion yen (approx. U.S. $667 million), 39-percent less than in the same period in 2004.

Hitachi's consolidated business results for the half-year includes revenues of 4,413.3 billion yen (approx. $37.9 billion), up 2 percent from 2004. Net loss for the period was 10.9 billion yen (approx. $93.5 million).

Hitachi blames the lower operating income on lower earnings in its Electronic Devices and Information & Telecommunications Systems business units and an operating loss in the Digital Media and Consumer Products business segment. Higher operating incomes came from Power & Industrial Systems, high Functional Materials & Components and Financial Services business segments.

Back to Daily News

 

Daily News

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

Aug 28, 2014: LG Heat Pump Clothes Dryer Earns Emerging Technology Award

Aug 28, 2014: Early Snowthrower Demand Boosts Toro Sales

Aug 27, 2014: Sustainability Standard Launched for Household Portable and Floor Care Appliances

Aug 27, 2014: Electrolux Joins AllSeen Alliance to Develop Seamlessly Connected Appliances

Aug 27, 2014: HRAI Awards Industry Leaders at 46th Annual Meeting

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