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In the 12 months to end March 2012 the company lost JPY 376 billion (USD 4.8 billion), largely attributable to its over-investment in money-losing liquid crystal television production and sales.
FORBES: Hon Hai May Be Walking Away From, and Dooming, Sharp
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Fortunately this includes (in addition to USD) the EUR, GBP, JPY, CHF, CAD, AUD, NZD and even the Norwegian, Swedish and Danish currencies.
FORBES: Questions Linger Regarding New Forex Rules
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Mizuho and Mitsubushi Tokyo UFJ banks announced on August 31 that they would each provide JPY 75 billion (USD 960 million) in new financing in September, filling the gap left from the lock out of the commercial paper market.
FORBES: Hon Hai May Be Walking Away From, and Dooming, Sharp
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For example, Mitsubishi Corporation paid JPY 230 billion (USD 3 billion) for rights to gas in Canada.
FORBES: Itochu Acquiring Dole's Asian Business, Leading a Surge in Japanese Offshore M&A, But the Dispute with China Looms
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In value terms the deals totaled JPY 3.5 trillion (USD 44.7 billion), up 9%, the second highest amount on record.
FORBES: Itochu Acquiring Dole's Asian Business, Leading a Surge in Japanese Offshore M&A, But the Dispute with China Looms
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In FY 2007- 2009, Hitachi recorded losses totaling JPY 952 billion (USD 12.2 billion).
FORBES: Hitachi Ltd. CEO Nakanishi Writing Template for Restoring Global Competitiveness for Japanese Industry (1)
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The combined company will have recorded sales of JPY 12 trillion (USD 150 billion) making it the second largest industrial company in Japan after Toyota.
FORBES: I Admit It--I'm Elated by the Hitachi-Mitsubishi Heavy Merger
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We saw before that in FY2010 the business produced consolidated gross profits of JPY 1, 347.5 billion (USD 16.8 billion), only slightly below the JPY 1, 507.9 billion produced by the corporate business (including investment banking).
FORBES: Mitsubishi UFJ Financial Group--A Megabank View of Japan's Economy (2)
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According to a report in the September 13 Nihon Keizai Shimbun, the deal will cost Itochu some USD 1.7 billion (JPY 132 billion).
FORBES: Itochu Acquiring Dole's Asian Business, Leading a Surge in Japanese Offshore M&A, But the Dispute with China Looms