Hitachi America, Ltd. XBRL Business Unit Introduces Xinba(TM) 2.0.New Software Tool Allows XBRL (EXtensible Business Reporting Language) A specification for publishing financial information in the XML format. It is designed to provide a standard set of XML tags for exchanging accounting information and financial statements between companies and analysts. Users to Easily Use and Analyze XBRL Information in Microsoft[R] Excel[R] BRISBANE, Calif. -- Hitachi America, Ltd. XBRL Business Unit, which develops and delivers eXtensible Business Reporting Language (XBRL) solutions for corporate and government customers, today announced Xinba[TM] 2.0 Reader and Analyzer, a desktop-based Microsoft[R] Excel[R] add-in that gives users the capability to import, open, and manipulate XBRL financial information directly in Microsoft Excel (tool) Microsoft Excel - A spreadsheet program from Microsoft, part of their Microsoft Office suite of productivity tools for Microsoft Windows and Macintosh. Excel is probably the most widely used spreadsheet in the world. Latest version: Excel 97, as of 1997-01-14. , the standard for financial and numerical communications within the enterprise. Xinba 2.0 Reader and Analyzer allows end-users to import XBRL 2.0a and 2.1 compliant financial information directly into Microsoft Excel by using Web Services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. to access taxonomies and instances which can be stored locally or -- if they do not want to store the data locally -- over a network or anywhere on the Internet. Xinba 2.0 Reader and Analyzer supports Web Services standards such as SOAP and WSDL (Web Services Description Language) An XML-based language for defining Web services. Developed by Microsoft and IBM, WSDL describes the protocols and formats used by the service. so that end users can send requests and receive instance data provided by third party data vendors using Web Services. Xinba 2.0 Reader and Analyzer supports both the US-GAAP and IFRS IFRS International Financial Reporting Standard(s) IFRS Inter Frame Relay Service IFRS Indiana Facilities Registry System taxonomies. With Xinba 2.0 Reader, users can analyze XBRL data in the same manner as they are accustomed to when using Microsoft Excel for financial analysis. * Xinba 2.0 Reader provides XBRL Worksheet Functions, allowing an XBRL dataset to be displayed in an Excel spreadsheet. From Balance Sheet to Cash Flow Statement, Xinba 2.0 Reader utilizes the XBRL dataset to the fullest extent of its capabilities. * Xinba 2.0 Reader allows users to customize the display of financial information by selecting just an individual element with its sub-elements or an entire category such as Income Statement or Earning Release. * Xinba 2.0 Reader's Presentation Setting allows the display of Labels in different languages, allowing the user to easily switch Labels from one language to another. * Xinba 2.0 Reader's Presentation Setting offers a roll-up calculation option. Upon selection, the aggregated value of a group of elements defined by the Calculation Linkbase is displayed in Italics if the subtotal subtotal /sub·to·tal/ (sub-to´t'l) less than, but often almost, complete. is not reported. * Xinba 2.0 Reader provides consistency check on the Calculation Linkbase relationship between a reported element and its sub-elements and reports any inconsistencies found. * Xinba 2.0 Reader allows users to select from a list of already-registered Web Services or register a Web Service to retrieve remote XBRL data. Xinba 2.0 Analyzer offers a wealth of extra capabilities such as pre-defined templates, the ability for users to customize their own templates using template management functionalities, the Plug-in Framework, and VBA (Visual Basic for Applications) A subset of Visual Basic that provides a common language for customizing Microsoft applications. VBA supports COM, which allows a VBA script to invoke internal functions within Excel, Word and other COM-based programs or to make use of automation. * Xinba 2.0 Analyzer allows users to examine and analyze XBRL financial data and generate customized financial reports and graphs such as KPI KPI Key Performance Indicator KPI Kuwait Petroleum International KPI Kiev Polytechnic Institute (Ukraine) KPI Kernel Programming Interface KPI King Pin Inclination (vehicle steering geometry angle) (Key Performance Indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. ) graphs. Analysis can be performed on the data using standard Microsoft Excel functionality. The Xinba template can be displayed and saved as a standard Excel worksheet. * Xinba 2.0 Analyzer's easy-to-use templates eliminate manual "cutting and pasting" of data; an XBRL dataset can easily be imported for analysis in a straightforward manner. Xinba 2.0 Analyzer keeps track of available templates, offering users a list of available pre-defined templates whenever they open an instance file. * Xinba 2.0 Analyzer's XBRL Function Builder allows users to create their own templates. Function Builder allows users to search and specify the XBRL functions they would like to use - such as particular Labels, Values, Units, Contexts and Footnotes -- and automatically inserts them into the new template. * Xinba 2.0 Analyzer's Plug-In Framework allows users to add new applications to Xinba by inserting new plug-in modules or creating their own using an open API Open API (often referred to as OpenAPI) is a word used to describe sets of technologies that enable websites to interact with each other by using SOAP, Javascript any other web technology. . Users can simply copy plug-in files to the Xinba install directory to activate them. Two plug-ins - a SEC plug-in and a FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). plug-in - are included free with the full version of Xinba 2.0 Reader and Analyzer. * Xinba 2.0 Analyzer's allows users to create complex Excel spreadsheet models by utilizing Microsoft Excel VBA. Xinba 2.0 Reader and Analyzer runs on all versions of Microsoft Excel: 2000, XP, and 2003 and is offered with both the Hitachi XBRL Reporter and Hitachi XBRL Controller products. Pricing for the Xinba 2.0 Reader and Analyzer is $400 with $80 per year annual maintenance; a volume discount is available. A 30-day trial version with the SEC plug-in can be downloaded for free at www.hitachixbrl.com. ABOUT HITACHI HAL Hal: see Halle, Belgium. hal In Sufism, a state of mind reached from time to time by mystics during their journey toward God. The ahwal (plural of hal) are God-given graces that appear when a soul is purified of its attachments to the material world. XBRL Business Unit delivers superior eXtensible Business Reporting Language (XBRL) solutions that improve corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. , restore shareholder confidence and enable market agility by delivering correct actionable data in real time. Hitachi is a pioneer in the development of XBRL products and services for the financial and business communities at large. In addition to developing its own offerings, Hitachi partners with other firms - including systems integrators, auditing firms, and service providers - to create innovative XBRL solutions. The company has working partnerships with Merrill Corporation and PricewaterhouseCoopers. Hitachi America, Ltd. XBRL Business Unit focuses on developing business relationships with four types of companies: those who want to reduce their time for financial analysis and reporting; those with multiple divisions that are in a merger/acquisition process; those trading on foreign or multinational exchanges; and those that want to be perceived as leaders in technology adoption. A copy of the business unit's white paper "The XBRL-Enabled Company" can be downloaded at www.hitachi.us/XBRL. For more information, please visit www.hitachixbrl.com or contact Hitachi at 1-888-HITACHI, or info@hitachixbrl.com. Hitachi America, Ltd., a subsidiary of Hitachi, Ltd., markets and manufactures a broad range of electronics, computer systems and products, and consumer electronics, and provides industrial equipment and services throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . For more information, visit http://www.hitachi.us. Hitachi, Ltd., (NYSE NYSE See: New York Stock Exchange :HIT)(TOKYO:6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 356,000 employees worldwide. Fiscal 2005 (ended March 31, 2006) consolidated sales totaled 9,464 billion yen ($80.9 billion). The company offers a wide range of systems, products and services in market sectors including information systems, electronic devices, power and industrial systems, consumer products, materials and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . For more information on Hitachi, please visit the company's website at http://www.hitachi.com. Note: Microsoft, Windows and Excel are trademarks or registered trademarks of Microsoft Corporation (company) Microsoft Corporation - The biggest supplier of operating systems and other software for IBM PC compatibles. Software products include MS-DOS, Microsoft Windows, Windows NT, Microsoft Access, LAN Manager, MS Client, SQL Server, Open Data Base Connectivity (ODBC), MS Mail, in the United States and/or other countries. All other names and trademarks are the property of their respective owners. |
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