Hitachi has got warning of massive losses in sales that can cross over $7.8 billion. That would make the loss biggest for any Japanese company. I guess the recession hasn’t let any sector safe, given the vast reach if Hitachi that produces household electronic goods to nuclear reactor, the losses speak volumes of tough economic conditions. Its CEO Kazua Furukawa stated:
Since last November, economic conditions surrounding our company have kept deteriorating at an unprecedented speed.
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