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HITACHI KOKUSAI ELECTRIC INC. AND SUBSIDIARIES

CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31, 2009


Consolidated Quarterly Statements of Income (Unaudited)

Years ended March 31, 2009 and 2008

Summary
  YEN (millions) (A)/(B)
×100(%)
U.S.Dollars
(millions)
FY2008(A) FY2007(B) FY2008
 Net sales
 Cost of sales
128,586
109,699
197,983
147,083
65
75
1,309
1,117
 Gross profit 18,887 50,900 37 192
 Selling, general and administrative expenses 30,295 33,966 89 308
 Operating income (loss) (11,407) 16,933 - (116)
 Non-operating income
Interest income
Dividends income
Gain on sales of securities
Foreign exchange gains
Equity in earnings of affiliates
Other

400
243
0
120
50
357

462
192
22
1,324
317
548

87
127
-
9
16
65

4
2
0
1
1
4
Total non-operating income
1,173 2,867 41 12
 Non-operating expenses
Interest expenses
Loss on valuation of securities
Loss on disposal of noncurrent assets
Loss on cancel of distributor contracts
Maintenance cost for unemployed assets
Other

21
27
148
300
77
187

25
312
527
-
-
528

84
9
28
-
-
35

0
0
2
3
1
2
Total non-operating expenses
761 1,394 55 8
 Ordinary income (loss) (10,996) 18,405 - (112)
 Income (loss) before income taxes and minority interests (10,996) 18,405 - (112)
 Income taxes-current
 Income taxes-deferred
413
13,439
4,897
1,656
8
812
4
137
 Total income taxes 13,853 6,554 211 141
 Minority interests in income 30 46 65 0
 Net income (loss) (24,880) 11,804 - (253)