InfoAnda - Japan's Hitachi Q1 operating profit beats market consensus |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

West piles pressure on Nepal over war disappearances | International | | 30 August 2009
Libya's Gaddafi will try to sell Libyan gold: ex-central banker | | 25 August 2011
Cellcom, Partner plan Internet TV as mobile competition bites | | 14 August 2012

Indians vote amid threats by suspected rebels | 23 April 2009

Forum Views () Forum Replies ()

Read more with google mobile : Japan's Hitachi Q1 operating profit beats market consensus |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Anatole Kaletsky Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Mark Leonard Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Olympics Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Olympics-Swimming-Medallist Lu hits out at Chinese training regimes 29 Jul 2012 Discussed 107 Penn State hit with $60 million fine, other penalties for Sandusky scandal 97 Obama attacks on taxes and Bain hit Romney ratings 84 Colorado massacre suspect silent in first court hearing Watched Camera system brings new focus to ball sports Sun, Jul 29 2012 Madonna gets political, Lady Gaga tries acting Fri, Jul 27 2012 Panetta: Syria strikes putting 'nail in Assad's own coffin' Sun, Jul 29 2012 Sponsored Links Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption London's opening Highlights from the Opening Ceremony of the London 2012 Olympic Games. Slideshow The Olympic Village Where the athletes will live during the London Olympics. Slideshow Japan's Hitachi Q1 operating profit beats market consensus Tweet Share this Email Print Related News Smartphones power record Samsung profit of $5.9 billion during Apple lull Fri, Jul 27 2012 Amazon profit margin rises as new businesses grow Thu, Jul 26 2012 Nomura CEO quits as insider trading scandal widens Thu, Jul 26 2012 Nikkei bounces on short covering but euro worries sink Canon Thu, Jul 26 2012 Canon cuts profit outlook, signals euro pain for Japan Inc Wed, Jul 25 2012 Related Topics Tech » Media » A logo of Hitachi Ltd. is seen at the company headquarters in Tokyo July 25, 2012. Credit: Reuters/Issei Kato TOKYO | Mon Jul 30, 2012 2:28am EDT TOKYO (Reuters) - Hitachi Ltd (6501.T), Japan's largest industrial electronics maker, reported a better-than-expected quarterly operating profit as strong sales in its power and automotive systems business offset the gloom in Europe and the slowdown in China. Hitachi reported an operating profit of 63.6 billion yen ($808.85 million) in the April-to-June quarter, up from 52.4 billion yen in the same period last year when Japanese corporate earnings were battered by the March 11 earthquake and tsunami. The results topped the average forecast of 59.5 billion yen estimated by four analysts polled by Thomson Reuters I/B/E/S. Unlike many of its peers in Japan that have been hit by reduced consumer demand from Europe and China, Hitachi has less exposure to these regions. Analysts say Europe and China will account for only 8 percent and 10 percent respectively of the company's overall sales this business year. Hitachi kept its annual forecast for a 480 billion-yen operating profit for the year ending March, below the average estimate of 500.6 billion yen in a poll of 22 analysts surveyed by Thomson Reuters I/B/E/S. The sprawling conglomerate, whose products range from excavators to thermal power plants, has also scaled back its unprofitable consumer electronics division and shifted its focus towards growth areas such as infrastructure, including rail systems and urban planning. The company plans to stop producing its own TV sets later this year after merging its loss-making small-panel display operations with those of Sony Corp (6758.T) and Toshiba Corp (6502.T) last year. Hitachi said last week that it won a 4.5 billion-pound ($7-billion) contract to build intercity trains in Britain, despite the debt crisis in Europe. The company has also invested in new segments such as cloud computing and social infrastructure systems. Still, Hitachi's operating margin was just above 4 percent in the previous year, lagging behind global counterparts such as General Electric Co (GE.N) and Siemens AG (SIEGn.DE) whose margins were around 14 and 10 percent respectively, Thomson Reuters data shows. Hitachi has vowed to more than double its margins through aggressive cost-cutting in all of its 900 subsidiaries and moving its focus to high-profit global infrastructure orders. The company logged a record net profit of 347.2 billion yen in the previous year, boosted by the sale of its hard drive business to Western Digital Corp. Hitachi's main domestic rivals Toshiba and Mitsubishi Electric (6503.T) are due to announce their quarterly earnings on Tuesday. Panasonic Corp (6752.T) also reports on the same day. Shares of Hitachi, partly owned by foreign funds, ended up 0.4 percent at 456 yen before its results. Tokyo's benchmark Nikkei .N225 traded 0.8 percent higher. ($1 = 78.6300 Japanese yen) (Reporting by Mari Saito; Editing by Ryan Woo) Tech Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Monday, 30 July 2012
Romanian president may keep job on low turnout |
Greyjing? Air pollution fouls Beijing's name |
First Pisa, now Rome's Colosseum
Don't tweet if you want TV, London fans told |
Olympics soundtrack races into British charts |
Hollywood extends slow turnaround in home video sales |
Syria says it recaptures Aleppo district after battle |
Iran's Khamenei: reliance on oil sales a trap |
China paper blames poor government decisions for violent protest |
Russia's Pussy Riot on trial for cathedral protest |
Yemen vows to track down kidnappers of Italian embassy officer |
Eight dead after Polish train hits bus |
Mali interim president announces new posts in transition shake-up |
Japan's Hitachi Q1 operating profit beats market consensus |
NBC gets Twitter backlash over Olympics, but record TV audience |
Russia's Pussy Riot on trial for cathedral protest |
Pakistan to push for intel share at U.S. talks |
Iran says to keep Hormuz open as long as it serves its interests |
Assange's mother says WikiLeaks founder under stress |
Indonesia challenges EU over duties at WTO |
Slovaks want Hungary to extradite war crimes suspect |
Daylight shoot-out rocks Kazakh financial capital |
Yemeni gunmen vacate Interior Ministry after protest |
Romania PM demands president resign, row persists |
Oracle to buy software maker Xsigo |
Analysis: Critics assail 1980s-era hacking law as out of step |
Taiwan university sues Apple over speech recognition patents |
Mexico's Cemex signs 10-yr outsourcing deal with IBM |
Hungary's Sziget festival gets boost from Glastonbury founder |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01