HDS/Hitachi: FY13 Financial Results Ended March 31, 2014

HDS is currently an exception in the storage industry, being one of the rare storage giants growing rapidly.

For parent company Hitachi’s fiscal year 2013 ended March 31, 2014, revenue of storage solutions of HDS and in Japan increased 16% from $3.68 billion to $4.26 billion Y/Y. (at the rate of ¥103 per US dollar on the Tokyo Foreign Exchange Market as of March 31, 2014)

But forecast is less optimistic: only 3% growth for the next six months ended September 2014 and for the following fiscal year.

 Storage Solutions

Storage hardware
(including disk array systems, etc.)