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32 Hitachi, Ltd. Annual Report 2012
To Our ShareholdersFinancial Highlights
Research and Development/
Intellectual Property
Management Structure
Financial Section/
Corporate Data Segment Information
Financial Services
Others
For the fiscal year under review, segment revenues
increased 24% year over year to ¥951.6 billion. This was
mainly due to the conversion of Vantec Corporation into
a subsidiary by Hitachi Transport Systems, Ltd. as well
as healthy growth in third-party logistics solutions.
Segment profi t totaled ¥33.2 billion, an increase of
15% year over year. This was largely attributable to
higher year over year revenues.
100
200
300
400
500
0
(Billions of yen)
(FY) 09 1110
Revenues
200
400
600
800
1,000
0
(Billions of yen)
(FY) 09 1110
Revenues
Share of Revenues
Share of Revenues Overseas Revenue Ratio
Segment revenues decreased 5% year over year to ¥353.2
billion. Despite healthy overseas sales trends, this decrease
was largely attributable to a drop in revenues from the
fi nancial services business for corporations in Japan.
In contrast, segment profi t was ¥30.2 billion, up 112%
year over year. Notwithstanding the downturn in reve-
nues, this upswing in earnings was the result of success-
ful efforts to reduce fi nancing costs and credit costs.
Overseas Revenue Ratio
13％ ⇒ 14％
FY2010 FY2011
4％ ⇒ 3％
FY2010 FY2011
Fiscal 2011 Topics
쎲 Hitachi Capital Corporation converted Malaysia-based First
Peninsula Credit Sdn. Bhd. and Indonesia-based PT
Arthaasia Finance into subsidiaries in November 2011 and
January 2012, respectively, with the aim of expanding its
overseas business mainly in Asia.
Fiscal 2011 Topics
쎲 Hitachi Transport System, Ltd. converted Thailand-based
Eternity Grand Logistics Public Co., Ltd. as well as China-
based DIC Express Co., Ltd. and DIC Logitech China Co.,
Ltd. into subsidiaries in April 2011 and January 2012,
respectively, with the aim of expanding its overseas busi-
ness. In addition, the company established local subsidiar-
ies in Australia and Vietnam in April 2011 and November
2011, respectively.
7％ ⇒ 9％
FY2010 FY2011
13％ ⇒ 13％
FY2010 FY2011