Février 2017 / Asahi

Hitachi to take a 70 billion yen hit after U.S nuclear project fails

By SATOSHI SEII/ Staff Writer - February 2, 2017

Electronics giant Hitachi Ltd. is set to lose tens of billions of yen this fiscal year due to the withdrawal from a project to develop a new method of uranium enrichment by a joint venture in the United States.

The loss, forecast by Hitachi on Feb. 1, was disclosed shortly after Toshiba Corp. made a similar announcement last month of deficits brought on by its nuclear power business.

Hitachi is expected to report a 70 billion (...)

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