Hitachi Reports Third Quarter 2012/13 Results
OREANDA-NEWS. Hitachi's consolidated revenues for the third quarter of fiscal 2012 declined 7% year over year, to 2,113.1 billion yen. Hitachi posted operating income of 68.3 billion yen, down 26.7 billion yen year over year. Hitachi posted net other deductions of 8.9 billion yen, 2.2 billion yen better year over year.
Hitachi recorded income before income taxes of 59.4 billion yen, a year over year decline of 24.5 billion yen. After taxes of 30.5 billion yen, Hitachi posted net income of 28.8 billion yen, a year over year decrease of 17.5 billion yen. After deducting net income attributable to non controlling interests of 8.6 billion yen, Hitachi recorded net income attributable to Hitachi, Ltd. stockholders of 20.2 billion yen, down 14.0 billion yen year over year.
For the nine-month period ended December 31,2012, consolidated revenues decreased 5% year over year, to 6,468.7 billion yen. Operating income declined 33.7 billion yen year over year, to 231.9 billion yen. Hitachi recorded net income attributable to Hitachi, Ltd. stockholders of 50.3 billion yen, a 34.8 billion yen decline yea over year.
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