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HITACHI KOKUSAI ELECTRIC INC. AND SUBSIDIARIES

CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2009


Consolidated Quarterly Statements of Income (Unaudited)

For the six months ended September 30, 2009 and 2008

Summary
  YEN (millions) (A)/(B)
×100(%)
U.S.Dollars
(millions)
2Q of FY2009 2Q of FY2008 2Q of FY2009
 Net sales
 Cost of sales
45,623
40,084
66,442
52,387
69
77
506
444
 Gross profit 5,538 14,054 39 61
 Selling, general and administrative expenses 12,921 15,271 85 143
 Operating loss (7,382) (1,216) 607 (82)
 Non-operating income
Interest income
Dividends income
Gain on sales of securities
Equity in earnings of affiliates
Other

89
104
233
15
387

224
213
-
48
345

40
49
-
31
112

1
1
3
0
4
Total non-operating income
831 831 100 9
 Non-operating expenses
Interest expenses
Loss on disposal of noncurrent assets
Maintenance cost for idle assets
Other

8
49
70
175

11
85
-
169

73
58
-
104

0
1
1
2
Total non-operating expenses
304 266 114 3
 Ordinary loss (6,855) (652) 1,051 (76)
 Loss before income taxes and minority interests (6,855) (652) 1,051 (76)
 Income taxes-current
 Income taxes-deferred
171
516
442
(112)
39
-
2
6
 Total income taxes 687 330 208 8
 Minority interests in income(loss) (29) 25 - (0)
 Net loss (7,513) (1,007) 746 (83)