Hitachi's 31-2012 financial year closed on March 2013, with net income down 49%, from 347 to 175 billion yen ($1,86 billion) and revenues down from 9.665 billion yen to 9.041 billion yen, equal to 96,18 billion dollars. It weighs, yesn the results of the Japanese group, the sharp drop in sales.
For the current year, however, the company said it expects earnings growth, up to 210 billion yen. In recent times many rumors have been circulating regarding a possible interest by Hitachi for the acquisition of a part of Ansaldo Sts.