Hitachi Sees 16% Net Profit Fall in Cautious Outlook

Japan's Hitachi Ltd forecast a 16-percent fall in net profit to 200 billion yen ($2.5 billion) for the year ending March 2012, as it eyes robust sales of electronics and construction equipment in emerging markets.

Japan's Hitachi Ltd forecast a 16-percent fall in net profit to 200 billion yen ($2.5 billion) for the year ending March 2012, as it eyes robust sales of electronics and construction equipment in emerging markets.

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