Hitachi Announces Recognizing Item on Unconsolidated Basis
OREANDA-NEWS. Hitachi, Ltd. announced that the company plans to post an extraordinary gain of 41.1 billion yen on the sale of investments in securities, resulting from the sale of a portion of Western Digital Corporation common stock that Hitachi owned, on an unconsolidated basis for the three months ending December 31, 2013.
About Hitachi, Ltd. Hitachi, Ltd., headquartered in Tokyo, Japan, is a leading global electronics company with approximately 326,000 employees worldwide. The company's consolidated revenues for fiscal 2012 (ended March 31, 2013) totaled 9,041 billion yen.
Hitachi is focusing more than ever on the Social Innovation Business, which includes infrastructure systems, information & telecommunication systems, power systems, construction machinery, high functional material & components, automotive systems and others.
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