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 Names New President
Dec 21, 2005
 Printable format
 Email this Article
 Search

Hitachi Ltd. (Tokyo) will shuffle leadership roles for its next fiscal year. Etsuhiko Shoyama, currently president, CEO and director, will have the titles of chairman, CEO and director as of April 1, 2006. Kazuo Furukawa, currently executive vice president and executive officer, as well as president and CEO of Hitachi's Information and Telecommunications Systems Group, will become Hitachi Ltd. president and chief operating officer (COO) on April 1, 2006.

Furukawa will be under pressure to increase profits for the diversified electronics and appliances maker. As APPLIANCE magazine reported last month, Hitachi posted a 39-percent decrease in operating income for the second quarter of fiscal 2005. It 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).

Back to Daily News

 

Daily News

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

Dec 19, 2014: Whirlpool Corp. provides guidance for 2015

Dec 19, 2014: Panasonic to showcase built-in appliances at LivingKitchen 2015

Dec 19, 2014: New residential construction in November 2014

Dec 19, 2014: 2014 U.S. steel production up 0.7% from 2013

Dec 19, 2014: Strong North American PCB Order Growth in October

More Daily News>>

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

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

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
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 | Plastics Today | Powder Bulk Solids | Canon Trade Shows