According to the financial results of Hitachi, Ltd. and Mitsubishi Electric, which are major electric manufacturers engaged in many overseas businesses, for the past year, the recent depreciation of the yen has boosted sales.

Of these, Hitachi, Ltd.'s sales for the entire group increased by more than 17% from the previous year to 10,264.6 billion yen, and the final profit increased by more than 16% to 583.4 billion yen, a record high.



It is said that the recent depreciation of the yen has boosted sales by about 335 billion yen, and the earnings forecast for the current fiscal year is expected to increase sales by 202.0 billion yen.



On the other hand, Mitsubishi Electric's sales for the entire group increased by more than 6% from the previous year to 4,476.7 billion yen, and the final profit increased by more than 5% to 203.4 billion yen.



It is said that capital investment in the fields of digital and decarbonization increased among companies, related businesses were strong, and the depreciation of the yen boosted sales by 135 billion yen.



However, as the cost is increasing due to the rise in raw material prices, President Kei Urushima said at a press conference, "I think that the rise in raw material prices has more than offset the effect of the depreciation of the yen, and the situation is quite severe. Given that this situation will continue, I think it is necessary to ask for price increases while consulting with customers in response to future increases in costs. "