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Mitsubishi Electric Corporation (TOKYO: 6503) announced today its financial results for the first quarter ending June 30, 2010, of the current fiscal year ending March 31, 2011 (fiscal 2011).


Consolidated Financial Results

Net sales: 778.9 billion yen (11% increase from the same quarter last year)
Operating income: 51.5 billion yen (7-fold compared to the same quarter last year)
Income before income taxes: 46.7 billion yen (51-fold compared to the same quarter last year)

Net income attributable to

Mitsubishi Electric Corp.:


26.2 billion yen


-

Management conditions during the first quarter of fiscal 2011 have experienced an ongoing trend of gradual recovery despite the yen's appreciation mainly against Euro, as well as slow economic recovery in certain countries and regions.

Under these circumstances, first quarter consolidated net sales rose by 11% compared to the same period of the previous fiscal year to 778.9 billion yen, owing to increased revenue from the Industrial Automation Systems, Electronic Devices and Home Appliances segments, and other factors.

Consolidated operating income increased 7-fold from the same period of the previous fiscal year to 51.5 billion yen due to higher profits from the Energy and Electric Systems, Industrial Automation Systems, Electronic Devices and Home Appliances segments, and other factors.
 
aus der Diskussion: Mitsubishi Electric - japanischer PV-Player
Autor (Datum des Eintrages): R-BgO  (12.10.10 13:34:11)
Beitrag: 3 von 4 (ID:40304899)
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