Hitachi pres to brief on new management structure

TOKYO | Thu Feb 2, 2012 10:34pm EST

TOKYO Feb 3 (Reuters) - Japan's Hitachi Ltd said on Friday that its President Hiroaki Nakanishi will hold a news conference at 3:00 p.m. (0600 GMT) on its new management structure.

The electronics company, struggling with a strong yen and a global economic downturn, said on Thursday that its nine-month operating profit was 265.7 billion yen ($3.5 billion), down 21 percent from the same period last year. It kept its annual operating profit forecast at 400 billion yen.

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