subject: Japan's Home Appliance Giant Operating Comments [print this page] Closing 30, Hitachi, Sony, Toshiba and other major home appliances giant, 8, 4 June 2010 on consolidated accounts of performance report released. Recovery by the economic situation improved, environmentally friendly energy-saving appliances universal point system to stimulate consumer subsidies and the recent high temperature, flat-panel TVs, refrigerators, air conditioners and other home appliances products in Japan and Europe and the United States and other overseas markets recover, in addition to foreign-7 giant NEC have achieved varying degrees profit.
Among them, Toshiba is a record operating profit record, out of the shadow of the financial crisis, to achieve V-recovery. However, for 11 years in March on the company's performance, Hitachi and other 5 companies still cautiously optimistic, showing a period of economic recovery in the future slowdown fears and sense of vigilance.
Chong, Vice President Hitachi Miyoshi in the 30th Division, said: "inventories to adjust very smoothly, and the purchasing power of a slight recovery in the pace of the recovery performance than previously expected to be faster."
In addition to the economic recovery strategy worked overseas in emerging country markets, the flat panel TV is the major performance of the business recovery, one of the three major contributor. Among them, the Hitachi flat-panel TV sales up 24% over the same period in the high, promoting the livelihood of the company's products to achieve 7.1 billion yen machine profits, loss of 13.5 billion last year in sharp contrast; Sony is an increase of up to 6 percent or so, TV the first time after a lapse of 8 years, quarterly earnings; Toshiba flat-panel TV sales quantities are greatly increased 7 percent year on year, in addition to Sharp, Mitsubishi Electric, Panasonic, etc. are all achieved high double-digit growth year on year, pushing the overall performance of the recovery up.
In addition, the digital home appliance market recovery, but also led the upturn in the semiconductor market. Toshiba's semiconductor sector to achieve 22.2 billion yen operating profit, compared with last year's 36.2 billion yen loss, the greatly improved.
However, for the year of the situation, Miyoshi, Hitachi vice president, said: "do not believe that this momentum will continue." Toshiba Muraoka Phu Hung, vice president, said, "not a fundamental appreciation of the yen to eliminate the pressure, Europe and the United States economy recovery has slowed, the future economic trend is not very clear. instability of demand in overseas markets will also be worrying. "
In view of these judgments, Hitachi, Toshiba, Sharp and other 5 big companies still maintain a 11-year 3-month pre-performance expectations. Sony, Matsushita, Mitsubishi Electric Corporation has raised three pre-revised earnings forecasts, but have different degrees of that increase is expected on the premise that maintaining the current level of growth, does not rule out further lower the second half of the economic situation, growth performance increase the level of reduction or even the possibility of negative growth over the previous year.
