OREANDA-NEWS. Hitachi's consolidated revenues for third quarter of fiscal 2013 increased 9% year over year, to 2,303.7 billion yen. This increase resulted mainly from the higher year over year revenues in the Information & Telecommunication Systems Segment, due to strong sales of storage solutions and services; in the Electronic Systems & Equipment Segment, attributed to higher sales at Hitachi High-Technolo gies Corporation, Hitachi Kokusai Electric Inc. and other entities; and within the Automotive Systems Segment, due to higher sales resulting from robust demand in North America and Japan. Conversely, revenues declined year over year in the Power Systems Segment, because of lower revenues in the nuclear power generation systems business in Japan.

Hitachi posted operating income of 122.0 billion yen, up 53.6 billion yen year over year.

Hitachi's consolidated revenues for the third quarter of fiscal 2013 increased 9% year over year, to 2,303.7 billion yen. This increase resulted mainly from the higher year over year revenues in the Information & Telecommunication Systems Segment, due to strong sales of storage solutions and services; in the Electronic Systems & Equipment Segment, attributed to higher sales at Hitachi High-Technologies Corporation, Hitachi Kokusai Electric Inc. and other entities; and within the Automotive Systems Segment, due to higher sales resulting from robust demand in North America and Japan.

Conversely, revenues declined year over year in the Power Systems Segment, because of lower revenues in the nuclear power generation systems business in Japan. Hitachi posted operating income of 122.0 billion yen, up 53.6 billion yen year over year.

For the nine-month period ended December 31, 2013, consolidated revenues increased 5% year over year, to 6,774.4 billion yen, and operating income increased 63.5 billion yen year over year, to 295.4 billion yen, the result of positive earnings in all segments. EBIT increased 124.7 billion yen year over year, to 311.

7 billion yen, reflecting the higher operating income, an improvement in equity in net earnings of affiliated companies, and a gain from the aforementioned sale of shares. Furthermore, net income attributable to Hitachi, Ltd. stockholders increased 76.9 billion yen year over year, to 127.2 billion yen.