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Hitachi said the revamping of its semiconductor and telecommunications equipment businesses improved profitability.
All of Morgan Stanley's businesses improved in the three months ended March 31.
The company's sales of digital cameras and video cameras fell while its television, music and smartphone businesses improved.
The GfK Group, a market research firm, said German consumer sentiment was "stable" in October, while surveys of economic expectations among consumers and businesses improved.
"The profitability of our retail and services businesses improved strongly, benefiting from a successful holiday season," Mr. Martinez said in a statement.
At this point, corporate organization must be aligned with corporate strategy, and coordination between related but hitherto independent businesses improved for the benefit of the whole corporation.
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