Hitachi revises down earnings forecasts for fiscal 1st half

Hitachi revises down earnings forecasts for fiscal 1st half

TOKYO, Japan - Hitachi Ltd. Vice President Yoshiki Yagi (R) speaks at a news conference Sept. 11. Hitachi revised down earnings forecasts for the six-month period to Sept. 30, citing the anemic sales of power generation facilities, mobile phones, and the higher yen that caused foreign exchange losses on overseas earnings.

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