19 May 2015

Tokyo, May 19, 2015 --- Hitachi Automotive Systems, Ltd. today announced that the company will be supplying 5,000W/kg high output power density prismatic lithium-ion battery cells for the new model Chevrolet Malibu Hybrid to be sold by General Motors (GM) in 2016.

These prismatic lithium-ion battery cells being delivered for the 2016 new model Chevrolet Malibu Hybrid employ heat resistant separators to ensure the ionic conductivity between the positive and negative electrodes, achieving not only a high output power density of 5,000W/kg, but also a high level of safety. In addition to this, the battery's ability to maintain its high output power density in GM evaluations, even under extremely low temperatures such as the minus 30℃ cold region test, led to its adoption.

Hitachi's lithium-ion battery operations for vehicles began in 1999, leading the charge worldwide and beginning mass production of safe, high-performance, long lasting products. To date, a total of over 5 million lithium-ion batteries have been introduced into the market for commercial hybrid buses and trucks, as well as hybrid passenger cars.

The many years of supply performance for lithium-ion batteries as mass produced products, together with the accumulated production and quality management know-how garnered from feedback from the market, has led to an emphasis on high reliability and earned Hitachi a high reputation from car manufacturers both inside and outside of Japan.

In addition, last year Hitachi Automotive Systems integrated the lithium-ion battery manufacturer Hitachi Vehicle Energy's design and R&D departments, advancing lithium-ion batteries by using the electronic, control, and software technology the company possessed toward battery control system development.

Hitachi Automotive Systems will continue to contribute to the evolution of electrically driven vehicles through the strengthening of electric power train products, lithium-ion batteries, and more.

About Hitachi Automotive Systems, Ltd.

Hitachi Automotive Systems, Ltd. is a wholly owned subsidiary of Hitachi, Ltd., headquartered in Tokyo, Japan. The company is engaged in the development, manufacture, sales and services of automotive components, transportation related components, industrial machines and systems, and offers a wide range of automotive systems including engine management systems, electric power train systems, drive control systems and car information systems. For more information, please visit the company's website at http://www.hitachi-automotive.co.jp/en/.

About Hitachi Vehicle Energy, Ltd

Hitachi Vehicle Energy, Ltd. is a subsidiary of Hitachi, Ltd., headquartered in Ibaraki Prefecture, Japan. The company is manufacturing lithium-ion battery and expanding the scale of the mass production. For more information, please visit the company's website at http://www.hitachi-ve.co.jp/en/.

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society’s challenges with our talented team and proven experience in global markets. The company’s consolidated revenues for fiscal 2014 (ended March 31, 2015) totaled 9,761 billion yen ($81.3 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes power & infrastructure systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

Contact:

Craig Fisher
Hitachi Automotive Systems Americas, Inc.
+1-859-734-6448
craig.fisher@hitachi-automotive.us

11 June 2015

Tokyo, June 11, 2015 – Hitachi, Ltd. (TSE: 6501) today announced its cost structure reform and growth strategies for seven businesses toward achieving the goals of its “2015 Mid-term Management Plan.” On May 14, 2015, Hitachi announced a progress of the “2015 Mid-term Management Plan.” The primary goals of this mid-term management plan are to promote achieving growth and Hitachi’s transformation driven by Social Innovation Business.

For more information, please click here http://www.hitachi.com/IR-e/library/irday/index.html

Contact:

Japan

Masahiro Takahashi
Hitachi, Ltd.
+81-3-5208-9323
masahiro.takahashi.rh@hitachi.com

U.S.

Tamie Nagamoto
Hitachi America, Ltd.
(914) 333-2987
Tamie.Nagamoto@hal.hitachi.com

11 June 2015

Including a 10-Year System Maintenance Agreement

Tokyo, June 11, 2015 --- Hitachi, Ltd. (TSE:6501, “Hitachi”) today announced that Johns Hopkins Medicine has selected Hitachi to provide its proton beam therapy (PBT) system at Sibley Memorial Hospital located in Washington, D.C. This collaboration, which includes a 10-year maintenance service, marks the first multi-room PBT application in the nation’s capital. This will be Hitachi’s fifth PBT system in North America.

The next-generation system “PROBEAT”, which comes with IMPT (Intensity Modulated Proton Therapy) and cone-beam CT, will have improved spot scanning capability in all 3 gantry-type treatment rooms, along with a fixed irradiation room dedicated to cancer research.

Toshiaki Higashihara, President & COO of Hitachi, Ltd. stated that “We are greatly honored that Johns Hopkins selected Hitachi as their proton partner. As one of the leaders in cancer research and treatment, the Johns Hopkins Sidney Kimmel Comprehensive Cancer Center’s philosophy of being at the leading edge of cancer treatment through research and development is very similar to our Social Innovation concept which supports a healthy and secure society through innovative technologies, systems, solutions and services. The proton center at Sibley Memorial Hospital will be an impressive demonstration of industry and academic medicine collaborating to bring a new technology and new cancer treatment modality to Washington, D.C. and the surrounding communities. Thus, we foresee an exciting, long term relationship that will benefit cancer patients and cancer research.”

In December 2007, Hitachi was the first company in the U.S. to clear FDA Premarket Notification Special 510(k) for the “PROBEAT” system with its spot scanning irradiation technology. Hitachi has delivered the first hospital based spot scanning system in May 2008 and has treated over 1,500 patients to date. The same spot scanning system has already been installed at Nagoya Proton Therapy Center and Hokkaido University in Japan. In fiscal year 2015 (ending March 2016), one of Hitachi's new PBT site is planning to start treatment of patients. Hitachi has shown great stability in the proton market through continued investment in research and development, track record for high clinical availability of over 98%, along with a commitment to a long term partnership with all of its clients.

Given the growing demand for technical and clinical advancements in the treatment of cancer, interest in proton therapy is on the rise, with more and more hospitals and cancer treatment facilities venturing into this area. Hitachi will continue to globally expand the healthcare business where proton therapy is its flagship solution, and contribute to cancer treatment around the world.

Overview of Proton Beam Therapy

Proton Beam Therapy (PBT) is an advanced type of cancer radiotherapy. Protons from a hydrogen atom are extracted and accelerated up to 70% the speed of light. Its energy is concentrated directly on the tumor while avoiding radiation dose to the surrounding healthy tissues. PBT improves the quality of life for cancer patients since the patient experiences no pain during treatment and the procedure has very few side effects compared with that of traditional radiotherapy. In most cases, patients can continue with their normal daily activities while undergoing treatment. Because there are fewer side effects, PBT is expected to expand, especially for pediatric treatment.

 

Overview of Spot Scanning Technology

Unlike conventional scattering technology, spot scanning technology delivers narrow beams to the tumor and the complex tumor shape can be irradiated through repetitive beam delivery with quick position change. Spot scanning technology has been achieved by advancing the uniform quality beam extraction technology from the accelerator and beam control technology with high accuracy. Three primary benefits are: (1) more accurate irradiation which reduces the side effects to healthy tissues surrounding the tumor compared with irradiation from conventional double scattering irradiation; (2) patient-specific collimators and boluses become obsolete, shortening set up times for patients; and (3) high proton beam usage factor reducing unnecessary secondary radiation.

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society’s challenges with our talented team and proven experience in global markets. The company’s consolidated revenues for fiscal 2014 (ended March 31, 2015) totaled 9,761 billion yen ($81.3 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes power & infrastructure systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

Contact:

Japan

Sei Shi
Hitachi, Ltd.
+81-3-5208-9324
sei.shi.qe@hitachi.com

U.S.

Tamie Nagamoto
Hitachi America, Ltd.
(914) 333-2987
Tamie.Nagamoto@hal.hitachi.com

18 June 2015

Tarrytown, New York, June 18, 2015Hitachi America, Ltd. (HAL) today announced that, as of July 1, 2015, it is establishing a new subsidiary jointly with Hitachi Industrial Equipment Systems Co., Ltd. (HIES). The new subsidiary will operate as Hitachi Industrial Equipment Marking Solutions Inc. (HIMS) and will be based just outside of Chicago in Elk Grove Village, IL. To form this new subsidiary, HAL and HIES have also agreed to purchase the assets of IMS-Partners, Inc., a leading provider of marking, gluing and labeling products and services in Illinois, Wisconsin and Indiana.

HIES has been a leader in the Marking and Coding industry for over 40 years, and HAL has been selling and servicing Marking and Coding solutions in the Americas through distributor channels since 2003. With the formation of HIMS, HAL will continue to solidify its leadership position in this market. The new subsidiary will enable HAL to enhance its product line and strengthen its distribution service offerings in Illinois, Wisconsin, and Indiana. HAL is confident that this new subsidiary will accelerate its business in the three states in which it will operate as well as enhance its ability to provide excellent service to customers.

Profile of HIMS

 

Company Name

Hitachi Industrial Equipment Marking Solutions Inc.

Location

Elk Grove Village, Illinois, United States

Address

2730 Greenleaf Avenue, Elk GroveVillage, IL 60007

Representative

Dale Tetzlaff

Business

Sales and servicing of marking and coding solutions

Employees

9 (Planned)

Shareholding

HAL 80%, HIES 20%

About Hitachi America, Ltd.

Hitachi America, Ltd. headquartered in Tarrytown, New York, a subsidiary of Hitachi, Ltd., and its subsidiary companies offer a broad range of electronics, power and industrial equipment and services, particle beam therapy technologies, automotive products and consumer electronics with operations throughout the Americas. For more information, visit http://www.hitachi-america.us/. For information on other Hitachi Group companies in the United States, please visit http://www.hitachi.us/.

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society’s challenges with our talented team and proven experience in global markets. The company’s consolidated revenues for fiscal 2014 (ended March 31, 2015) totaled 9,761 billion yen ($81.3 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes power & infrastructure systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information on Hitachi, please visit the company's website at http://www.hitachi.com/.

About Hitachi Industrial Equipment Systems Co., Ltd.

Hitachi Industrial Equipment Systems Co., Ltd. headquarted in Tokyo, Japan, is a subsidiary of Hitachi, Ltd., and is engaged in the manufacturing, sales and services of industrial components and equipment. The company offers various industrial products including Motors, factory automation/control systems, wind/water systems, pneumatic systems, power distribution, environmental systems and labor-saving systems. For more Information, visit http://www.hitachi-ies.co.jp/english.

Contact:

Sayaka Eiki
Hitachi America, Ltd.
914-524-6717
ICED.Marketing@hal.hitachi.com

29 June 2015

Hitachi Consulting to globally deploy cloud technology to address scale, security and performance challenges for enterprises moving to the cloud

DALLAS, June 29, 2015 – Hitachi Consulting has joined the AT&T* Partner ExchangeSM to bring customers innovative choices and to help facilitate deployments, enhance security and enable flexibility. Through this new relationship, AT&T will support the Hitachi Cloud Framework, powered by Hitachi Data Systems. This will support Hitachi Consulting delivering enterprise-class cloud computing for client applications.

“Hitachi Consulting has been delivering services to companies across the entire spectrum of industries and geographies for years. We now offer a full range of IT outsourcing services that utilize near-shore and global facilities across the globe. Our relationship with AT&T through the AT&T Partner Exchange program is one of our greatest assets in this endeavor, and we look forward to teaming with AT&T to expand our capability to provide enterprise-grade cloud solutions that work toward delivering measurable and sustainable business results to our customers,” said Jim Cole, Senior Vice President of Outsourcing Services, Hitachi Consulting.
 

“A primary focus of the AT&T Partner Exchange program is working with our solution provider community to help them grow their business, elevate the end-user experience and deliver tailor-made solutions to their customers. We’re delighted to welcome Hitachi Consulting and look forward to creating new opportunities together,” said Randall Porter, vice president of business development, AT&T Partner Solutions. “By collaborating with Hitachi Consulting, we will help them accelerate their customers’ adoption of cloud-based IT outsourcing services as well as help them boost enterprise customers’ confidence in the security, reliability and performance of the cloud.”

*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

About Hitachi Consulting Outsourcing Services

​Hitachi Consulting is a recognized leader in delivering services to Global 2000 companies across many industries. With a balanced view of strategy, people, process and technology, Hitachi Consulting works with companies to understand their unique outsourcing needs. We consistently work to develop and implement practical strategies and technical solutions that support the most rigorous business requirements.

For more information, or information about this release, contact Hitachi Consulting: https://www.hitachiconsulting.com/about-hitachi-consulting/contact-us.html.

21 July 2015

Hitachi UCP Converged Infrastructure Provides Container Orchestration as the First Enterprise Infrastructure Platform Available for Kubernetes

OSCON 2015 – PORTLAND, Ore. – July 21, 2015 --- Hitachi Data Systems (HDS), a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501), today announced support and community validation of Kubernetes on Hitachi Unified Compute Platform (UCP) converged infrastructure systems, providing a proven enterprise-class private cloud infrastructure for developers and customers to orchestrate and run container-based applications with a full microservices architecture. Hitachi introduced the first UCP solutions in 2010, with enterprise support and end-to-end integration with industry-leading software from VMware, SAP and Microsoft. Kubernetes now joins the list of solutions validated to run on our enterprise UCP platform.

With this announcement Hitachi has validated Kubernetes and VMware running side-by-side on the UCP platform, providing an enterprise solution for container-based applications and traditional virtualized workloads. UCP provides the ideal platform to leverage the power of Kubernetes to orchestrate container-based workloads with migration capabilities.

The Hitachi Unified Compute Platform is an enterprise-class converged infrastructure system that is proven to provide five-nines service levels with the industry’s highest recovery time objectives for site-to-site replication, failover and recovery as a turnkey solution. UCP provides the best infrastructure platform for enterprise applications and workloads to move seamlessly from test/dev environments to highly scalable production deployments with predictable performance and high availability. The UCP portfolio helps customers rapidly and more easily support core-to-edge IT workloads. The UCP family, with industry leading Hitachi Unified Compute Platform Director infrastructure automation software, allows customers to drive operational efficiencies through rapid deployment and provisioning of infrastructure for managing an agile data center, prepared to change workloads to match business needs.

The combined infrastructure orchestration of UCP Director and power of Kubernetes can reduce costs by eliminating error-prone manual tasks and decoupling application dependencies, thereby accelerating software development for businesses and speeding time-to-market.

OSCON 2015

Hitachi Data Systems will participate in the Kubernetes launch event at this week’s Open Source Convention (OSCON), July 20-24, at the Oregon Convention Center in Portland, Oregon.

Find Out More

About Hitachi Data Systems

Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd., builds information management and Social Innovation solutions that help businesses succeed and societies be safer, healthier and smarter. We focus on big data that offers real value – what we call the Internet of Things that matter. Our IT infrastructure, analytics, content and cloud solutions and services drive strategic management and analysis of the world’s data. Only Hitachi Data Systems integrates the best information technology and operational technology from across the Hitachi family of companies to deliver the exceptional insight that business and society need to transform and thrive. Visit us at HDS.com.

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society’s challenges with our talented team and proven experience in global markets. The company’s consolidated revenues for fiscal 2014 (ended March 31, 2015) totaled 9,761 billion yen ($81.3 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes power & infrastructure systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

Contact:

Kevin Komiega
Hitachi Data Systems
978-834-6898
Kevin.Komiega@hds.com

21 July 2015

Tokyo, July 21, 2015 - Hitachi, Ltd. (TSE: 6501, "Hitachi"), Hitachi Medical Corporation ("Hitachi Medical"), and Hitachi Aloka Medical, Ltd. (“Hitachi Aloka Medical”) today announced that Hitachi Medical and Hitachi Aloka Medical will establish a new manufacturing subsidiary by combining the manufacturing divisions of them and that Hitachi will conduct absorption-type mergers of Hitachi Medical and Hitachi Aloka Medical (the “Merger”) on April 1, 2016 (hereinafter the establishment of the manufacturing subsidiary and the Merger collectively will be referred to as the “Reorganization”). The Reorganization aims to strengthen Hitachi’s healthcare business and accelerate growth of this business.
Certain information has been omitted in this release as the Merger is an absorption-type merger in which Hitachi will integrate wholly-owned subsidiaries.

1. Purpose of the Reorganization

In the healthcare field today, there are difficult challenges in developed countries, such as aging populations and an increase in chronic diseases. At the same time, emerging countries are facing challenges such as improving the level of medical care in line with their economic growth. Under these situations, the market size for healthcare businesses - diagnostics & clinical, testing & reagents, and informatics (services and platforms) - is expected to grow over 5% annually. Hitachi considers that its healthcare business will grow significantly by providing new solutions that combine its technologies and expertise with IT in addition to its existing businesses, such as medical imaging systems and cancer therapy systems. Hitachi has positioned its healthcare business as an important part of its Social Innovation Business.

To date, Hitachi has taken several steps to expand its healthcare business, including the conversion of Aloka Co., Ltd. (currently Hitachi Aloka Medical) into a wholly-owned subsidiary of Hitachi Medical in March 2011, and the conversion of Hitachi Medical into a wholly-owned subsidiary of Hitachi in March 2014. Moreover, in April 2014, Hitachi established the “Healthcare Group” and the Healthcare Company, an in-house company. In April 2015, Hitachi Medical and Hitachi Aloka Medical integrated their functions into the Healthcare Company. Through these moves, Hitachi has strengthened its organization and its businesses, and worked to create a streamlined management structure.

The Reorganization will streamline the overlapping business sites in Japan and overseas of Hitachi, Hitachi Medical and Hitachi Aloka Medical, and we will work toward full management integration. Moreover, we will enhance our competitiveness by realizing high-quality and low-cost production and integrating the manufacturing technology and know-how of Hitachi Medical and Hitachi Aloka Medica

Hitachi will strengthen and create solutions for the healthcare field utilizing the three core domains of diagnostics & clinical, testing & reagents, and informatics. Working closely with Hitachi’s in-house companies, such as the Information & Telecommunication Systems Company, the Hitachi Group will strengthen its capacity to provide healthcare services. In so doing, the Hitachi Group will further accelerate its growth strategies and focus on care cycle and medical innovation aimed at achieving quality improvement and streamlining the delivery of healthcare.

2. Regarding the Merger

2.1 Outline of the Merger

(1) Schedule

Decision to Merge

July 21, 2015

Execution of Merger Agreement

December 2015 (Planned)

Scheduled Merger Date (Effective Date)

April 1, 2016 (Planned)

*The Merger is deemed to be a simplified absorption-type merger for Hitachi pursuant to Article 796, Paragraph 3 of the Companies Act of Japan. Furthermore, it is deemed to be a short-form absorption-type merger for Hitachi Medical and Hitachi Aloka Medical pursuant to Article 784, Paragraph 1 of the Companies Act of Japan. Therefore, Hitachi, Hitachi Medical and Hitachi Aloka Medical do not convene shareholders’ meetings to obtain approval for the merger agreement.

(2) Merger Method

These are absorption-type mergers in which Hitachi is the surviving company and Hitachi Medical and Hitachi Aloka Medical are the disappearing companies.

(3) Details of Allotments Related to the Merger

There will be no allotment of shares or other assets as a result of the Merger, because the Merger is between Hitachi and its wholly-owned subsidiaries.

(4) Handling of Stock Acquisition Rights and Bonds with Stock Acquisition Rights of the Disappearing Companies

Hitachi Medical and Hitachi Aloka Medical have not issued any stock acquisition rights or bonds with stock acquisition rights.

2.2 Profiles of the Parties of the Merger

(1)Surviving Company

(1)

Name

Hitachi, Ltd.

(2)

Head office

6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo

(3)

Representative

Toshiaki Higashihara, President & COO

(4)

Business

Development, manufacture and sales of products and provision of services across 9 segments; Information & Telecommunication Systems, Social Infrastructure & Industrial Systems, Electronic Systems & Equipment, Construction Machinery, High Functional Materials & Components, Automotive Systems, Smart Life & Ecofriendly Systems, Others( Logistics and Other services) and Financial Services.

(5)

Capital

458,790 million yen

(6)

Established

February 1, 1920

(7)

Total number of issued shares

4,833,463,387 shares

(8)

Fiscal year-end

March

(9)

Major shareholders and
shareholding
(As of March 31, 2015)

The Master Trust Bank of Japan, Ltd. (Trust Account)            6.24%
Japan Trustee Services Bank, Ltd. (Trust Account)     4.57%
Hitachi Employees’ Shareholding Association         2.07%
Nippon Life Insurance Company                                 1.93%
NATS CUMCO                                                            1.74%

(10) Financial Conditions and Business Results for the Most Recent Fiscal Year
(Consolidated/ IFRS) (Millions of yen unless otherwise specified)

Total Hitachi, Ltd. Stockholders’ equity

2,942,281

Total assets

12,433,727

Total Hitachi, Ltd. Stockholders’ equity
per share (yen)

609.35

Revenues

9,774,930

Income from continuing operations, before income taxes

518,994

Net income attributable to Hitachi, Ltd. stockholders

217,482

Earnings per share attributable to Hitachi, Ltd. stockholders (Basic) (yen)

45.04

(2)Disappearing Companies

 

Disappearing Company 1

Disappearing Company 2

(1)

Name

Hitachi Medical Corporation

Hitachi Aloka Medical, Ltd.

(2)

Head office

4-14-1, Soto-Kanda, Chiyoda-ku, Tokyo

6-22-1, Mure, Mitaka-shi, Tokyo

(3)

Representative

Akio Yamamoto, President

Yukitoshi Kiyomura, President

(4)

Business

Development, manufacturing, sales and installation and maintenance services of Medical Systems and Information Systems

Manufacturing and sales of Medical Electronic Systems, General Analysis Systems,
Medical Analysis Systems

(5)

Capital

13,884 million yen

6,465 million yen

(6)

Established

May 9, 1949

January 20, 1950

(7)

Total number of issued shares

38,795,425 shares

27,355,375 shares

(8)

Fiscal year-end

March

March

(9)

Major shareholders and shareholding
(As of March 31, 2015)

Hitachi, Ltd. 100%

Hitachi Medical Corporation 100%

(10) Financial Conditions and Business Results for the Most Recent Fiscal Year
(Non-Consolidated/ J-GAAP) (Millions of yen unless otherwise specified)

Net assets

40,125

53,239

Total assets

108,082

68,622

Net assets per share (yen)

1,034.29

1,946.21

Revenues

83,298

57,027

Operating income

(4,163)

5,305

Ordinary income

(1,759)

5,775

Net income

(1,043)

3,621

Net income per share (yen)

(26.89)

132.39

2.3 Status of Hitachi After the Merger

There will be no change in the company name, business, head office, representative, capital or fiscal year-end of Hitachi due to the Merger.

2.4 Outlook

The Merger will have minimal impact on the consolidated operating results of Hitachi because the Merger is between Hitachi and its wholly-owned subsidiaries.

3. Profile of the Newly-Establishing Manufacturing Subsidiary

(1)

Name

Hitachi Healthcare Manufacturing(tentative)

(2)

Head office

Not yet determined

(3)

Representative

Not yet determined

(4)

Business

Manufacturing of Medical Systems, Medical Analysis Systems, General Analysis Systems, Medical Information Systems

(5)

Capital

Not yet determined

(6)

Established

April 1, 2016 (Planned)

(7)

Business sites

4 sites (Kashiwa-shi, Mobara-shi in Chiba, and Oume-shi, Kokubunji-shi in Tokyo)

(8)

Employees

Approximately 700 (Planned)

(9)

Major
shareholders
and shareholding

Hitachi, Ltd. 100%(After the Merger)

(Reference) Consolidated Business Forecasts for the Year Ending March 31, 2016 (announced on May 14, 2015) and Consolidated Operating Results for the Previous Fiscal Year (Millions of yen)

 

Revenues

Income from continuing operations, before income taxes

Net income

Net Income attributable to Hitachi, Ltd. Stockholders

Consolidated Business Forecasts for Fiscal 2015 (Year Ending March 31, 2016)

9,950,000

600,000

450,000

310,000

Consolidated Operating Results for Fiscal 2014 (Year Ended March 31, 2015)

9,774,930

518,994

343,418

217,482

Cautionary Statement
Certain statements found in this document may constitute “forward-looking statements” as defined in the U.S. Private Securities Litigation Reform Act of 1995. Such “forward-looking statements” reflect management’s current views with respect to certain future events and financial performance and include any statement that does not directly relate to any historical or current fact. Words such as “anticipate,” “believe,” “expect,” “estimate,” “forecast,” “intend,” “plan,” “project” and similar expressions which indicate future events and trends may identify “forward-looking statements.” Such statements are based on currently available information and are subject to various risks and uncertainties that could cause actual results to differ materially from those projected or implied in the “forward-looking statements” and from historical trends. Certain “forward-looking statements” are based upon current assumptions of future events which may not prove to be accurate. Undue reliance should not be placed on “forward-looking statements,” as such statements speak only as of the date of this document.

Factors that could cause actual results to differ materially from those projected or implied in any “forward-looking statement” and from historical trends include, but are not limited to:

  • economic conditions, including consumer spending and plant and equipment investment in Hitachi’s major markets, particularly Japan, Asia, the United States and Europe, as well as levels of demand in the major industrial sectors Hitachi serves, including, without limitation, the information, electronics, automotive, construction and financial sectors;
  • exchange rate fluctuations of the yen against other currencies in which Hitachi makes significant sales or in which Hitachi’s assets and liabilities are denominated, particularly against the U.S. dollar and the euro;
  • uncertainty as to Hitachi’s ability to access, or access on favorable terms, liquidity or long-term financing;
  • uncertainty as to general market price levels for equity securities, declines in which may require Hitachi to write down equity securities that it holds;
  • uncertainty as to Hitachi’s ability to continue to develop and market products that incorporate new technologies on a timely and cost-effective basis and to achieve market acceptance for such products;
  • the possibility of cost fluctuations during the lifetime of, or cancellation of, long-term contracts for which Hitachi uses the percentage-of-completion method to recognize revenue from sales;
  • credit conditions of Hitachi’s customers and suppliers;
  • fluctuations in the price of raw materials including, without limitation, petroleum and other materials, such as copper, steel, aluminum, synthetic resins, rare metals and rare-earth minerals, or shortages of materials, parts and components;
  • fluctuations in product demand and industry capacity;
  • uncertainty as to Hitachi’s ability to implement measures to reduce the potential negative impact of fluctuations in product demand, exchange rates and/or price of raw materials or shortages of materials, parts and components;
  • increased commoditization of and intensifying price competition for products;
  • uncertainty as to Hitachi’s ability to achieve the anticipated benefits of its strategy to strengthen its Social Innovation Business;
  • uncertainty as to the success of acquisitions of other companies, joint ventures and strategic alliances and the possibility of incurring related expenses;
  • uncertainty as to the success of restructuring efforts to improve management efficiency by divesting or otherwise exiting underperforming businesses and to strengthen competitiveness;
  • uncertainty as to the success of cost reduction measures;
  • general socioeconomic and political conditions and the regulatory and trade environment of countries where Hitachi conducts business, particularly Japan, Asia, the United States and Europe, including, without limitation, direct or indirect restrictions by other nations on imports and differences in commercial and business customs including, without limitation, contract terms and conditions and labor relations;
  • uncertainty as to the success of alliances upon which Hitachi depends, some of which Hitachi may not control, with other corporations in the design and development of certain key products;
  • uncertainty as to Hitachi’s access to, or ability to protect, certain intellectual property rights, particularly those related to electronics and data processing technologies;
  • uncertainty as to the outcome of litigation, regulatory investigations and other legal proceedings of which the Company, its subsidiaries or its equity-method associates and joint ventures have become or may become parties;
  • the possibility of incurring expenses resulting from any defects in products or services of Hitachi;
  • the potential for significant losses on Hitachi’s investments in equity-method associates and joint ventures;
  • the possibility of disruption of Hitachi’s operations by natural disasters such as earthquakes and tsunamis, the spread of infectious diseases, and geopolitical and social instability such as terrorism and conflict;
  • uncertainty as to Hitachi’s ability to maintain the integrity of its information systems, as well as Hitachi’s ability to protect its confidential information or that of its customers;
  • uncertainty as to the accuracy of key assumptions Hitachi uses to evaluate its significant employee benefit-related costs; and
  • uncertainty as to Hitachi’s ability to attract and retain skilled personnel.

The factors listed above are not all-inclusive and are in addition to other factors contained in other materials published by Hitachi.

 

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society’s challenges with our talented team and proven experience in global markets. The company’s consolidated revenues for fiscal 2014 (ended March 31, 2015) totaled 9,761 billion yen ($81.3 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes power & infrastructure systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, healthcare and others.

For more information on Hitachi, please visit the company’s website at http://www.hitachi.com.

29 July 2015

Home improvement company to feature the broadest selection of the Hitachi tools pros trust most

MOORESVILLE, N.C., July 29, 2015 – Lowe's Companies, Inc. (NYSE: LOW) and Hitachi Power Tools announced today the introduction of the industry leading line of professional grade Hitachi pneumatic nailers and fasteners exclusively at Lowe’s stores nationwide and online at Lowes.com. Lowe’s now offers the broadest selection of Hitachi power tools, with a lineup of tools the pros prefer most with the latest innovations that deliver lighter, faster and more durable products. The new Hitachi Power Tool displays are joining the existing lineup of Hitachi tools at Lowe’s and are rolling out to stores this month.

To make the shopping experience simpler for consumers, Hitachi pneumatics will be featured in a dedicated brand display with color-coded nailers, associated fasteners and accessories located directly below the coordinating tools for efficiency. Pro and DIY consumers alike will find increased on-hand availability and the diversity of tool selection needed to tackle any pneumatic tool and fastener application. The Hitachi fasteners will also be clearly labeled by the local building codes for quick and easy identification.

Hitachi provides leading heritage in wood-to-wood construction and has a long-standing reputation with the pro. Building professionals know Hitachi for residential construction as the market leader for more than 20 years and reach for Hitachi tools when durability and performance can’t be sacrificed.

The Hitachi pneumatic set will offer a complete variety of stick-style framing nailers, a coil siding nailer, a coil framing nailer and Strap-Tite Fastening system nailers for securing pre-drilled metal connectors to wood, a complete line of finish nailers (15-Gauge, 16-Gauge, 18-Gauge and 23-Gauge), and various pneumatic staplers along with a sub-section designed for driving collated screws.

The line will also feature a comprehensive mix of related Hitachi nails, staples and collated screws to complete jobs specific to local market needs as well as all the related Hitachi accessories, such as compressor hoses and pneumatic fittings and couplers, pros need.

These nailers are covered by Hitachi’s industry leading 5-year warranty.

The new tools will join Lowe’s exclusive current Hitachi offering, which includes cordless tools, saws, routers, sanders, planers, grinders, compressors, corded tools, associated accessories and more.

For more information on the new product line, visit https://www.lowes.com/b/MetaboHPT.html.

About Lowe's

Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customers a week in the United States, Canada and Mexico through its stores and online at lowes.com, lowes.ca and lowes.com.mx.  With fiscal year 2014 sales of $56.2 billion, Lowe’s has 1,840 home improvement and hardware stores and more than 265,000 employees.  Founded in 1946 and based in Mooresville, N.C., Lowe’s supports the communities it serves through programs that focus on K-12 public education and community improvement projects. For more information, visit Lowes.com.

About Hitachi Power Tools

Hitachi Power Tools (Hitachi Koki USA, Ltd) offers an extensive line of professional grade power tools and accessories for woodworking, metalworking, drilling and fastening, concrete drilling and cutting, outdoor power equipment products as well as a complete line of pneumatic nailers, staplers, compressors and collated fasteners. From headquarters in Braselton, GA, and satellite offices in the United States and Canada, Hitachi Power Tools supports over 4000 retail locations carrying Hitachi tools and over 1000 authorized service centers. Hitachi Koki USA, Ltd. is the North American division of Hitachi Koki Japan, a subsidiary within Hitachi Ltd. For more information on Hitachi Power Tools, visit www.hitachipowertools.com.

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society’s challenges with our talented team and proven experience in global markets. The company’s consolidated revenues for fiscal 2014 (ended March 31, 2015) totaled 9,761 billion yen ($81.3 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes power & infrastructure systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

Contacts

Abby Levy
Hitachi Power Tools
(770) 925-1774 ext. 258
abbyl@hitachi-powertools.com

Jaclyn Pardini
Lowe’s Companies, Inc.
(704) 758-4317
jaclyn.pardini@lowes.com

29 July 2015

Tokyo, July 29, 2015 --- Hitachi, Ltd. (TSE:6501) today announced its consolidated financial results for the first quarter of fiscal 2015, ended June 30, 2015.

Note: All figures, except for the outlook for full year and the first half of fiscal 2015, were converted at the rate of 122 yen to the U.S. dollar, the approximate exchange rate on the Tokyo Foreign Exchange Market as of June 30, 2015.

For more information, please click here http://www.hitachi.com/New/cnews/month/2015/07/150729.html

Presentation

Outline of Consolidated Financial Results for the First Quarter ended June 30, 2015

26 August 2015

Hitachi Data Systems Recognized for Bringing Innovative, Secure Cloud Portfolio to Market

SANTA CLARA, CA – Aug. 26, 2015 – Hitachi Data Systems (HDS) has been named a winner of the TMC 2015 Cloud Computing Excellence Awards for its advanced Hitachi Content Platform portfolio, including Hitachi Content Platform, Hitachi Content Platform Anywhere and Hitachi Data Ingestor.

Presented by Cloud Computing magazine, the Cloud Computing Excellence Awards recognize companies that have most effectively leveraged cloud computing in their efforts to bring new, differentiated offerings to market. 

The Hitachi Content Platform portfolio is the only portfolio that offers integrated solutions and a single architecture for private and hybrid cloud, OpenStack support, cost-effective erasure-coded dense storage, elastic cloud gateways, file sync and share, and mobile access to enterprise NAS file shares. By using a common platform, customers enjoy superior cost optimization across multiple use cases, eliminate solution silos, and improve manageability and security from a single point of control. Hitachi Content Platform is a cloud storage solution that enables IT organizations and cloud service providers to store, share, sync, protect, preserve, analyze and retrieve file data from a single system.

The portfolio consists of Hitachi Content Platform, Hitachi Content Platform Anywhere, and Hitachi Data Ingestor. Hitachi Content Platform Anywhere is an enterprise mobility platform that allows employees to access their data any time, on any device from anywhere. HDS customers have the freedom to use existing infrastructure and hardware to deploy HCP Anywhere as a software-defined solution. Hitachi Data Ingestor (HDI) is an elastic and backup-free cloud gateway ideal for organization with multiple remote or branch offices and cloud service providers looking to offer file services to their customers.

“We are proud to be honored as a winner of this year’s Cloud Computing Excellence Awards,” said Peter Sjoberg, chief technology officer (CTO), Cloud and Mobility, Hitachi Data Systems. “We are passionate about bringing secure, enterprise mobility to the workplace and will continue to deliver a platform that meets the dynamic needs of today’s mobile workforce.”

“Recognizing leaders in the advancement of cloud computing, TMC is proud to announce Hitachi Content Platform featuring the Content Platform Anywhere and Hitachi Data Ingestor as a recipient of the Fifth Annual Cloud Computing Excellence Award,” said TMC CEO Rich Tehrani. “Hitachi Data Systems is being honored for its achievement in bringing innovation and excellence to the market, while leveraging the latest technology trends.”

Learn More. Join the Conversation.

About TMC

TMC is a global, integrated media company that supports clients' goals by building communities in print, online, and face to face. TMC publishes multiple magazines including Cloud Computing, IoT Evolution, Customer, and Internet Telephony. TMCnet is the leading source of news and articles for the communications and technology industries, and is read by 1.5 million unique visitors monthly. TMC produces a variety of trade events, including ITEXPO, the world's leading business technology event, as well as industry events: 2015 Connecticut Mobile Summit; Asterisk World; AstriCon; ChannelVision (CVx) Expo; DevCon5 - HTML5 & Mobile App Developer Conference; Drone Zone 360; IoT Evolution Conference & Expo; IoT Evolution Developers Conference; IoT Evolution Fog, Analytics & Data Conference; IoT Evolution Connected Transportation Conference; IoT Evolution Connected Home & Building Conference; MSP Expo; NFV Expo; SIP Trunking, Unified Communications & WebRTC Seminars; Wearable Tech Conference & Expo featuring Fitness and Sports Wearable Technology (FAST) Expo; WebRTC Conference & Expo; and more. For more information about TMC, visit www.tmcnet.com.

About Hitachi Data Systems

Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd., builds information management and Social Innovation solutions that help businesses succeed and societies be safer, healthier and smarter. We focus on big data that offers real value – what we call the Internet of Things that matter. Our IT infrastructure, analytics, content and cloud solutions and services drive strategic management and analysis of the world’s data. Only Hitachi Data Systems integrates the best information technology and operational technology from across the Hitachi family of companies to deliver the exceptional insight that business and society need to transform and thrive. Visit us at HDS.com.

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society’s challenges with our talented team and proven experience in global markets. The company’s consolidated revenues for fiscal 2014 (ended March 31, 2015) totaled 9,761 billion yen ($81.3 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes power & infrastructure systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information on Hitachi, please visit the company's website at http://www.hitachi.com

HITACHI is a trademark or registered trademark of Hitachi, Ltd.

Contacts

Stefani Finch
Hitachi Data Systems
408-499-7349
stefani.finch@hds.com