Hitachi: Fiscal 3Q13 Financial Results (Period Ended December 2013)

(in ¥ billion)	3Q12	3Q13	9 mo. 2012	9 mo. 2013
Storage solutions (HDS + Japan)	98.0	123.0	273.0	323.0
*Growth*		26%		*18%*
Storage hardware*	52.6	62.9	146.9	163.6
*Growth*		19%		*11%*

* including disk array systems, etc.

Hitachi Ltd. announces its financial results for the third quarter of FY2013 ended December 21, 2013.

It reports strong sales of storage and services and is one of the rare storage giants also in servers (Dell, HP, IBM just selling its server business to Lenovo) to execute this year, in hardware as well as in systems for HDS outside Japan and in Japan.

Storage solution revenue increase 18% quarterly.

For fiscal year ended March 2014, the company forecasts ¥420.0 billion (or $4.122 billion at today’s currency rate) or a growth for solutions of 11% compared to the former year, a percentage better than expected (8%). It was 8% from FY11 to FY12.