31 August 2011

- To establish a leading global company by integrating three companies’ businesses -

TOKYO, August 31, 2011 – Innovation Network Corporation of Japan (“INCJ”), Hitachi,Ltd. (“Hitachi”), Sony Corporation (“Sony”) and Toshiba Corporation (“Toshiba”) announced today that they have signed a non-binding Memorandum of Understanding to integrate their small- and medium-sized display businesses, which are operated by subsidiaries of Hitachi, Sony and Toshiba, in a new company to be established and operated by INCJ (“NewCo”). INCJ, Hitachi, Sony and Toshiba are aiming to sign definitive and legally-binding agreements in the Autumn of 2011 and to complete the business integration in the Spring of 2012, subject to the receipt of any necessary government approvals.

All of the issued shares of subsidiaries of Hitachi, Sony and Toshiba engaged in the small- and medium-sized display business (i.e., Hitachi Displays, Ltd., Sony Mobile Display Corporation and Toshiba Mobile Display Co., Ltd., collectively referred to as the “Subject Subsidiaries”) and other assets are planned to be transferred to NewCo, and INCJ, as a public-private partnership that provides financial, technological and management support for next-generation businesses, plans to invest a total of 200 billion yen in NewCo in exchange for shares to be newly issued to INCJ by NewCo as a third-party allotment. Eventually, INCJ expects to hold 70% of the shares with voting rights of NewCo, while Hitachi, Sony and Toshiba each expect to hold 10% of such shares.

The global market of small- and medium-sized displays is expected to grow rapidly due to anticipated strong demand for high resolution, high value-added products, particularly for smartphones and tablet computers, and superior high resolution display technology, in which Japanese companies are world leaders, is key to competitiveness. Other small- and medium-sized display manufacturers have announced significant investment plans to try to capture this market, and appropriate measures are required in order to enhance competitiveness.

NewCo is expected to utilize the world’s best high value-added technologies of the Subject Subsidiaries and establish new production lines by utilizing capital, which will be provided by INCJ, in order to meet the market demand for high value-added products. In addition, by efficient use of existing production capabilities of the Subject Subsidiaries, NewCo aims to improve its cost competitiveness to solidify its position as a global leading company in the small- and medium-sized display market.

In order to maintain and enhance the world’s best technologies, NewCo is also expected to invest in the world’s most advanced research and development. This investment will focus on the development of high-potential next-generation technologies, including higher resolution and thinner Organic light-emitting diode (“OLED”) displays, in an effort to drive forward the market as a whole.

NewCo’s management will be newly hired, and INCJ is leading the selection process. Each of INCJ, Hitachi, Sony and Toshiba plans to appoint the outside directors of NewCo. Also, INCJ, Hitachi, Sony and Toshiba intend to provide NewCo with technical support, and NewCo will establish a strong governance framework and business infrastructure.

“This is a landmark project for INCJ in our mission to make impactful, long-term and hands-on investments to grow next-generation businesses worldwide in the spirit of open innovation,” said Kimikazu Noumi, President and CEO of INCJ. “The new company will become a leading small- and medium-sized display manufacturer, and by pooling compelling technological know-how, will be positioned to win in a competitive and lucrative global growth market that has a real impact on the quality of people’s everyday lives.”

“By integrating each partner company’s wealth of display expertise and know-how, I am confident the new company will become a driving force for technological innovation and new growth in the rapidly expanding small- and medium- sized display market. I believe it will perform a vital role in ensuring the stable supply of high quality display devices that further enhance the user experience in the growing field of smartphones and tablet computers,” said Howard Stringer, Chairman, CEO and President, Representative Corporate Executive Officer of Sony Corporation.

”I have every confidence that this integration of three highly capable manufacturers of small- and medium-sized displays and their leading-edge technologies, along with the infusion of capital from INCJ, will create a highly competitive company. Toshiba will provide full support for the new company as it seeks to win leadership in the global market,” said Norio Sasaki, Director, Representative Executive Officer, President and Chief Executive Officer of Toshiba Corporation.

"The new company, which integrates the three companies' technology, experience and resource, possess the necessary capabilities to offer high value-added products to meet customer needs, through the development of cutting-edge display technologies. I believe the new company will fully satisfy customers to succeed and to become a leading company in the global market.” concluded Hiroaki Nakanishi, President of Hitachi, Ltd.

Outline of the NewCo (Planned)

Name: Japan Display K.K.
Shares with voting rights: INCJ 70%, Hitachi 10%, Sony 10%, Toshiba 10%

About Innovation Network Corporation of Japan (INCJ)

INCJ was established in July 2009 as a public-private partnership that provides financial, technological and management support for next-generation businesses. INCJ specifically supports those projects that combine technologies and varied know-how across industries and materialize open innovation. INCJ has the capacity to invest up to 900 billion yen (approx US$ 12 billion).

To date, INCJ has invested approximately 120 billion yen. INCJ is actively reviewing various investment opportunities in areas of environment, energy, electronics, IT, bio-technology and infrastructure such as water supply.

About the Subject Subsidiaries

About Hitachi Displays, Ltd.

• Founded: October 1, 2002
• Address of Head Office: Chiyoda-ku, Tokyo
• Sales: 150.8 Billion Yen (in the fiscal year ended March 31, 2011)
• Capital: 35.2 Billion Yen (as of the end of March 2011)
• Major Shareholders and Shareholding Ratio: Hitachi 75% (as of the end of March 2011)
• Representatives: Yoshiyuki Imoto
• Employees: Approximately 2,600 (as of the end of March 2011)
• Business: Development, design, production and sales of Small/mid-sized TFT LCDs and related products
• Production base: Mobara-shi, Chiba

About Sony Mobile Display Corporation

• Founded: October 22, 1997
• Address of Head Office: Higashiura, Chita-gun, Aichi
• Sales: 141.2 Billion Yen (in the fiscal year ended March 31,2011)
• Capital: 23.1 Billion Yen (as of the end of March 2011)
• Major Shareholders and Shareholding Ratio: Sony 100% (as of the end of March 2011)
• Representatives: Shuji Aruga
• Employees: Approximately 2,200 (as of the end of June 2011)
• Business: Development, design, production and sales of small/mid-sized LCD devices and OLED display devices
• Production base: Higashiura TEC (Head office) - Higashiura, Chita-gun, Aichi
  Tottori TEC – Tottori-shi, Tottori

About Toshiba Mobile Display Co., Ltd.

• Founded: April 1, 2002
• Address of Head Office Fukaya-shi, Saitama
• Sales: 209.6 Billion Yen (in the fiscal year ended March 31,2011)
• Capital: 10 Billion Yen
• Major Shareholders and Shareholding Ratio: Toshiba Group 100% (as of the end of March 2011)
• Representatives: Masahiko Fukakushi
• Employees: Approximately 2,200 (as of the end of March 2011)
• Business: Development, production & sales of low temperature poly-silicon TFT LCDs and amorphous poly-silicon TFT LCDs
• Production base: Headquarters Office – Fukaya-shi, Saitama
• Ishikawa Works - Kawakita-cho, Nomi-gun, Ishikawa

About Hitachi, Ltd.

Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 360,000 employees worldwide. Fiscal 2010 (ended March 31, 2011) consolidated revenues totaled 9,315 billion yen ($112.2 billion). Hitachi will focus more than ever on the Social Innovation Business, which includes information and telecommunication systems, power systems, environmental, industrial and transportation systems, and social and urban systems, as well as the sophisticated materials and key devices that support them. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

Contacts

Japan: Atsushi Konno
Hitachi, Ltd.
+81-3-5208-9325
atsushi.konno.gs@hitachi.com

U.S.: Mickey Takeuchi
Hitachi America, Ltd.
+1-914-333-2987
Masayuki.Takeuchi@hal.hitachi.com

15 September 2011

Tokyo, September 15, 2011 --- Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced that the Board of Directors decided on a plan for the interim dividend for fiscal year ending March 31, 2012. The interim dividend is scheduled to be finally authorized at the meeting of the Board of Directors in early November this year.

Plan for the Interim Dividend

*1 The calculation of the aggregate amount of the interim dividend is based on 4,517,644,287 shares, which deducted 2,513,294 shares of treasury stock from total issued shares of 4,520,157,581 shares as of August 31, 2011.

(Reference) Dividends for the fiscal year ended March 31, 2011

*2 The amount consists of ordinary dividend of 3 yen per share and commemorative dividend of 2 yen per share for Hitachi’s centennial anniversary.

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.

The factors listed above are not all-inclusive and are in addition to other factors contained in Hitachi’s periodic filings with the U.S. Securities and Exchange Commission and in other materials published by Hitachi.

• 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 in Japan, declines in which may require Hitachi to write down equity securities that it holds;

• the potential for significant losses on Hitachi’s investments in equity method affiliates;

• increased commoditization of information technology products and digital media-related products and intensifying price competition for such products, particularly in the Components & Devices and the Digital Media & Consumer Products segments;

• 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;

• rapid technological innovation;

• 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;

• 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;

• 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 restructuring efforts to improve management efficiency by divesting or otherwise exiting underperforming businesses and to strengthen competitiveness and other 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 affiliates have become or may become parties;

• the possibility of incurring expenses resulting from any defects in products or services of Hitachi;

• the possibility of disruption of Hitachi’s operations in Japan by earthquakes, tsunamis or other natural disasters, including the possibility of continuing adverse effects on Hitachi’s operations as a result of the earthquake and tsunami that struck northeastern Japan on March 11, 2011;

• 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 Hitachi’s periodic filings with the U.S. Securities and Exchange Commission and in other materials published by Hitachi.

About Hitachi, Ltd.

Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 360,000 employees worldwide. Fiscal 2010 (ended March 31, 2011) consolidated revenues totaled 9,315 billion yen ($112.2 billion). Hitachi will focus more than ever on the Social Innovation Business, which includes information and telecommunication systems, power systems, environmental, industrial and transportation systems, and social and urban systems, as well as the sophisticated materials and key devices that support them. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

Contacts

Japan

Masanao Sato
Hitachi, Ltd.
+81-3-5208-9324
masanao.sato.sz@hitachi.com

US

Mickey Takeuchi
Hitachi America, Ltd.
+1-914-333-2987
masayuki.takeuchi@hal.hitachi.com

16 September 2011

Tokyo, September 16, 2011 --- Hitachi, Ltd. (NYSE:HIT/TSE:6501) today announced the following changes of director and senior corporate adviser.

1. Resignation of Director [Effective September 30, 2011]
Michiharu Nakamura
-- Scheduled to be appointed President of Japan Science and Technology Agency, effective on October 1, 2011

2. Resignation of Senior Corporate Adviser [Effective September 30, 2011]
Kazuo Furukawa
-- Scheduled to be appointed Chairman of New Energy and Industrial Technology Development Organization, effective on October 1, 2011

About Hitachi, Ltd.

Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 360,000 employees worldwide. Fiscal 2010 (ended March 31, 2011) consolidated revenues totaled 9,315 billion yen ($112.2 billion). Hitachi will focus more than ever on the Social Innovation Business, which includes information and telecommunication systems, power systems, environmental, industrial and transportation systems, and social and urban systems, as well as the sophisticated materials and key devices that support them. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

Contacts

Japan

Masanao Sato
Hitachi, Ltd.
+81-3-5208-9324
masanao.sato.sz@hitachi.com

US

Mickey Takeuchi
Hitachi America, Ltd.
+1-914-333-2987
masayuki.takeuchi@hal.hitachi.com

4 October 2011

TARRYTOWN, NY, October 4, 2011 – Hitachi America, Ltd. today announced the debut of a new corporate brand campaign, an evolution of its “Interconnected” campaign, first launched in 2009.  The new campaign targets governmental influencers and policy makers a key target audience for Hitachi underscoring the company’s commitment to the Social Innovation Business.  Simply, Hitachi’s Social Innovation Business fuses IT technologies with innovative solutions that improve social infrastructure.

“Our brand campaign illustrates Hitachi’s on-going commitment to improving global infrastructure through our focus on the Social Innovation Business,” said Lauren Raguzin, Director of Branding and Corporate Communications, Hitachi America, Ltd. “By offering social infrastructure solutions that take advantage of the latest technologies, research and products, Hitachi is helping to improve the quality of life for people around the world, which ultimately helps to create a more sustainable society. The new campaign illustrates how the Social Innovation Business connects the foundations of society,” she continued.

The campaign features a new print execution featuring Hitachi’s familiar “red road visual” highlighting the way in which Hitachi’s Information and Control Systems support management of global infrastructures more efficiently and eco-consciously in the power, rail and water flow management industries.  A digital campaign including a Bloomberg Businessweek IPAD application also launches this month along with a revamped campaign microsite (www.hitachi.us/connected.) 

Additionally, as part of the corporate brand campaign, Hitachi is a premier sponsor for the first time of The World Business Forum, a leading business symposium featuring some of today’s top business visionaries. The Forum draws more than 5,000 senior executives from around the world, including President Bill Clinton as a keynote presenter at this year’s event.  The event takes place October 5-6, 2011 at the Jacob Javits Center in New York City.

The new enhanced microsite allows visitors to navigate the web site more quickly and easily. Visitors can explore the diversity and breadth of Hitachi’s leadership in the fields of Energy, Green Mobility, Green IT, High Functional Materials, Life Sciences and Water Management.

Print advertising will run in mainstream publications including: The Atlantic Magazine, Bloomberg Businessweek and The Economist.  The print campaign launches this month through June, 2012. 

Banner ads through a variety of online media are aimed at driving visitors to the microsite.  Online media partners include Atlantic.com, CNN.com, Google, Harvard Business Review, and Washington Post.com.  Billings for the campaign were not disclosed. 

Gotham, Inc. is responsible for the creative and production and Initiative handles the media buying for this year’s campaign.

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, automotive products and consumer electronics with operations throughout the Americas. For more information, visit www.hitachi-america.us. For more information on other Hitachi Group companies in the United States, please visit www.hitachi.us.

Get updates and information on Social Innovation Business by following @SocInnovBiz_US on Twitter. For more information on Hitachi, please visit the company's website at www.hitachi.us/connected.

About Hitachi, Ltd.

Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 360,000 employees worldwide. Fiscal 2010 (ended March 31, 2011) consolidated revenues totaled 9,315 billion yen ($112.2 billion). Hitachi will focus more than ever on the Social Innovation Business, which includes information and telecommunication systems, power systems, environmental, industrial and transportation systems, and social and urban systems, as well as the sophisticated materials and key devices that support them.

About Gotham Inc.

Gotham services the integrated communication needs of clients in fashion and beauty, retail, healthcare, financial services, hi tech and packaged goods categories. Clients include: Best Western, Denny’s, L’Oreal Professional, Reebok, Lindt, Lufthansa, Fresh Direct, Yellowbook.com, Waterford, Wedgewood, Royal Doulton (WWRD Holdings), Goody, Hitachi America, Maybelline, Remington, Time Warner Cable and Newman’s Own. For more information, visit www.gothaminc.com.

About Initiative

Initiative (www.initiative.com) is a performance led media communications company that transforms media exchanges into marketing results through a commitment to performance. Initiative believes that all marketing should be performance-driven. Data, analytics, insight and innovation are central to all our services, and we hold ourselves fully accountable to client business goals. This commitment to performance is at the heart of Initiative's unique process and culture. Owned by the Interpublic Group, Initiative is part of media management group Mediabrands and a partner of Magna, IPG’s centralized media negotiation entity. Initiative employs more than 2500 talented professionals, working in 91 offices across 70 markets, worldwide. Initiative’s comprehensive range of performance-led communications services include: research and insight, media planning and buying, digital communications solutions, content creation, and evaluation and accountability services.

Contacts

Cindy Hecht
Hitachi America, Ltd.
914-333 -2989
Cindy.Hecht@hal.hitachi.com

24 October 2011

GREENVILLE, SC October 24, 2011 – Greenville, SC (October 24, 2011)– Hitachi Electronic Devices (USA), Inc. (HEDUS), a leading supplier of Industrial Liquid Crystal Displays (LCD) and Video Display Devices throughout the Americas, has been recommended for ISO 9001:2008 certification by Det Norske Veritas (DNV). ISO 9001:2008 registration is the most widely recognized international standard for quality management systems and is an important step in maintaining their leadership position in the industry.

The ISO standards are the only set of international standards that addresses systemic change. The ISO 9001:2008 standard is a standard that defines minimum requirements for a company’s Quality Management System. Many major domestic purchasers and multinational corporations require their suppliers to hold ISO 9001:2008 certification. In addition to benefits to the management of the company of a more organized operating environment and a higher level of satisfaction for customers a number significant financial benefits for organizations certified to ISO 9001:2008 can also be realized.

"We are proud of this achievement. It is tangible evidence of our commitment to superior product quality and customer satisfaction," said Tom Heiser, President and CEO of HEDUS. "Our LCD panels have been supplied for years by our ISO 9001:2008 certified Hitachi sister companies in Japan (Hitachi Displays, Ltd.) and Taiwan (Kaohsiung Hitachi Electronics Co. Ltd.) and we are excited to offer this with our Panel+ Display Products which we design and assemble in the USA.

ABOUT HITACHI

About Hitachi Electronic Devices (USA), Inc.

Hitachi Electronics Devices, (USA) Inc., a subsidiary of Hitachi America Ltd., markets and manufactures LCD’s and Panel+ display assemblies to North and South America, focusing on the small and mid size LCD business area, mainly for use in mobile devices, gaming, in-flight entertainment, medical use and other industrial applications. Hitachi is the industry leader with it’s In plane Switching (IPS) technology for wide viewing angle high performance Displays. For more information, please visit www.hitachi-displays.us.com.

About Hitachi, Ltd.

Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 360,000 employees worldwide. Fiscal 2010 (ended March 31, 2011) consolidated revenues totaled 9,315 billion yen ($112.2 billion). Hitachi will focus more than ever on the Social Innovation Business, which includes information and telecommunication systems, power systems, environmental, industrial and transportation systems, and social and urban systems, as well as the sophisticated materials and key devices that support them. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

Contacts

Larry Weidman
Hitachi Electronic Devices (USA) Inc.
864-299-2673
Larry.weidman@hedus.com

26 October 2011

Tokyo, October 26, 2011 --- Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced revisions to the Company’s consolidated business forecasts for the first half of fiscal 2011, year ending March 31, 2012, which were announced on July 29, in light of recent business performance.

Reasons for Revisions

Consolidated revenues for the first half of fiscal 2011 are projected to exceed the previous forecast announced on July 29, 2011, due mainly to improved revenues in the High Functional Materials & Components, Information & Telecommunication Systems, Social Infrastructure & Industrial Systems, and Automotive Systems segments. This is the result of a cohesive effort by the Hitachi Group to recover quickly from the impact of the Great East Japan Earthquake.

Operating income is also expected to be higher than the previous forecast due to improved earnings in all business segments as a result of increased revenues and progress in cutting costs, including fixed costs. Furthermore, although net other deductions are expected to deteriorate due to the impact of the rapid appreciation of the yen and other factors, income before income taxes, net income and net income attributable to Hitachi, Ltd. are all expected to surpass previous forecasts.

Regarding full-year forecasts for fiscal 2011, Hitachi has not revised its previous forecasts because of considerable uncertainty surrounding trends in the global economy, especially in the U.S., Europe and China, the impact of damage from flooding in Thailand, foreign currency fluctuations, and fluctuations in raw materials prices.

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 in Japan, declines in which may require Hitachi to write down equity securities that it holds;

• the potential for significant losses on Hitachi’s investments in equity method affiliates;

• increased commoditization of information technology products and digital media-related products and intensifying price competition for such products, particularly in the Components & Devices and the Digital Media & Consumer Products segments;

• 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;

• rapid technological innovation;

• 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;

• 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;

• 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 restructuring efforts to improve management efficiency by divesting or otherwise exiting underperforming businesses and to strengthen competitiveness and other 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 affiliates have become or may become parties;

• the possibility of incurring expenses resulting from any defects in products or services of Hitachi;

• the possibility of disruption of Hitachi’s operations in Japan by earthquakes, tsunamis or other natural disasters, including the possibility of continuing adverse effects on Hitachi’s operations as a result of the earthquake and tsunami that struck northeastern Japan on March 11, 2011;

• 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 Hitachi’s periodic filings with the U.S. Securities and Exchange Commission and in other materials published by Hitachi.

About Hitachi, Ltd.

Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 360,000 employees worldwide. Fiscal 2010 (ended March 31, 2011) consolidated revenues totaled 9,315 billion yen ($112.2 billion). Hitachi will focus more than ever on the Social Innovation Business, which includes information and telecommunication systems, power systems, environmental, industrial and transportation systems, and social and urban systems, as well as the sophisticated materials and key devices that support them. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

Contacts

Japan

Masanao Sato
Hitachi, Ltd.
+81-3-5208-9324
masanao.sato.sz@hitachi.com

US

Mickey Takeuchi
Hitachi America, Ltd.
+1-914-333-2987
masayuki.takeuchi@hal.hitachi.com

2 November 2011

Tokyo, November 2, 2011 – Hitachi, Ltd. (NYSE: HIT / TSE: 6501, “Hitachi”), Cyber Defence Institute, Inc. (“Cyber Defence Institute”) and Mizuho Corporate Bank, Ltd. (“Mizuho Corporate Bank”) today announced that the companies have been selected as contractors for a world-leading smart grid demonstration project on Maui Island in Hawaii (“Project”), spearheaded by the New Energy and Industrial Technology Development Organization (“NEDO”) as the result of feasibility study which was conducted from May to September this year by Hitachi and other companies. Serving as the project leader, Hitachi will take a leading role and coordinate the entire project.

The Project, a joint undertaking by the U.S. and Japan, is based on the Japan-U.S. Clean Energy Technologies Action Plan, which was agreed to following the Japan-U.S. Heads of State Summit held in November 2009. These contractors will cooperate with the State of Hawaii, Hawaiian Electric Company, Inc., the University of Hawaii, and the U.S. National Laboratories in the Project. The Project is expected to be completed by the end of March 2014. The estimated budget for the Project is approximately US$ 37 million.

The objectives of the Project are to establish a system model for the integration of clean energy and to verify cutting-edge technologies in a smart grid system on Maui where a high percentage of renewable energy is already in place. The system being tested mitigates the impact of variable renewable energy generation and uses renewable energy efficiently. Other objectives of the Project include contributing to standardization of a low-carbon social infrastructure system deployment to other islands and semitropical regions all over the world.

The target and schedule of the Project are as follows:

1. The target

1) “Advanced load shift” for maximum utilization of renewable energy

2) “Direct control” of home electric appliances and PV generation output control by smart PCS to withstand rapid changes in power supply and demand

3) “EV/PHEV management system” coordinated with the grid management system for the impact of EV/PHEV high penetration

4) “Cyber security” to improve safe operation of the system

5) “Autonomous control architecture” for system scalability and highly responsive energy control

6) Evolution of community and infrastructure based on the integrated control system of EV/PHEV management system and the grid management system using the latest information and communication and control technology to improve quality of life

7) Evaluation of the efficiency of demonstration systems developed forthe Project. Establish business models and assessment tools for remote island social infrastructure systems based on the project results

2. Schedule of the Project

1) From October, 2011 and FY2012: System design and construction

2) From the beginning of FY2013 and FY2014: Demonstration and business case assessment

About Hitachi, Ltd.

Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 360,000 employees worldwide. Fiscal 2010 (ended March 31, 2011) consolidated revenues totaled 9,315 billion yen ($112.2 billion). Hitachi will focus more than ever on the Social Innovation Business, which includes information and telecommunication systems, power systems, environmental, industrial and transportation systems, and social and urban systems, as well as the sophisticated materials and key devices that support them. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

About Cyber Defence Institute, Inc.

Cyber Defence Institute, Inc., (CDI), in Tokyo, Japan, is a cyber security assessment and audit company with approximately 30 employees. CDI is a group of experienced cyber security professionals providing penetration testing from the “hacker’s view”, hands-on training (network/web application hacking, exploit writing, network/web application penetration testing, incident response, forensics, and malware analysis), forensics services, and information analysis/intelligence services. CDI also provides security assessments for new areas such as smart phone security, smart grid and industrial (SCADA) system security. For more information on CDI, please visit the company's website at https://www.cyberdefense.jp/en.html

About Mizuho

Mizuho Corporate Bank, Ltd. provides financial and strategic solutions for the increasingly diverse and sophisticated needs of clients, focusing its efforts on serving major corporations, financial institutions, and public sector entities. A relationship management approach to serving clients enables Mizuho Corporate Bank, Ltd., together with affiliates such as Mizuho Securities Co. Ltd., to develop customized solutions in areas such as corporate, structured and project finance, investment banking, transaction banking and risk management. With offices in more than 30 countries, Mizuho Corporate Bank, Ltd. offers clients both localized service and the extensive reach of a global business network. Mizuho Corporate Bank, Ltd. is a subsidiary of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG / TSE:8411), one of the largest financial services companies in the world, with total assets of over $1.9 trillion as of March 31, 2011.

For more information on Mizuho, please visit the company's website at http://www.mizuhocbk.com/index.html

Contacts

Hitachi, Ltd.

Japan

Masayoshi Yamaji

Hitachi, Ltd.

+81-3-5208-9324

masayoshi.yamaji.ca@hitachi.com

US

Mickey Takeuchi
Hitachi America, Ltd.
+1-914-333-2987
masayuki.takeuchi@hal.hitachi.com

Cyber Defence Institute, Inc.

Yuka Usami

Cyber Defence Institute, Inc.

+81-3-3242-8700

usami@cyberdefense.jp

Mizuho Corporate Bank, Ltd.

Tomohiro Sakauchi

Mizuho Corporate Bank, Ltd.

+81-3-5252-6574

tomohiro.sakauchi@mizuho-cb.co.jp

25 November 2011

Tokyo, November 15, 2011 --- Innovation Network Corporation of Japan (“INCJ”), Hitachi, Ltd. (“Hitachi”), Sony Corporation (“Sony”) and Toshiba Corporation (“Toshiba”) announced today that they have signed definitive agreements to integrate their small- and medium-sized display businesses in a new company to be established and operated by INCJ as attached.

About Hitachi, Ltd.

Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 360,000 employees worldwide. Fiscal 2010 (ended March 31, 2011) consolidated revenues totaled 9,315 billion yen ($112.2 billion). Hitachi will focus more than ever on the Social Innovation Business, which includes information and telecommunication systems, power systems, environmental, industrial and transportation systems, and social and urban systems, as well as the sophisticated materials and key devices that support them. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

INCJ, Hitachi, Sony and Toshiba Sign Definitive Agreements Regarding Integration of Small- and Medium-Sized Display Businesses

TOKYO, November 15, 2011 – Innovation Network Corporation of Japan (“INCJ”), Hitachi, Ltd. (“Hitachi”), Sony Corporation (“Sony”) and Toshiba Corporation (“Toshiba”) announced today that they have signed definitive agreements to integrate their small- and medium-sized display businesses in a new company to be established and operated by INCJ, which is planned to be named Japan Display Inc. (“Japan Display”).

Pursuant to the definitive agreements, all of the issued shares of certain subsidiaries of Hitachi, Sony and Toshiba engaged in the small- and medium-sized display business (i.e., Hitachi Displays, Ltd., Sony Mobile Display Corporation and one other Sony subsidiary*, and Toshiba Mobile Display Co., Ltd., collectively referred to as the “Subject Subsidiaries”) and other assets are planned to be transferred to Japan Display, in which each of the four companies INCJ, Sony, Toshiba and Hitachi will invest. INCJ, as a public-private partnership that provides financial, technological and management support for next-generation businesses, will invest a total of 200 billion yen in Japan Display in exchange for shares to be newly issued to INCJ by Japan Display as a third-party allotment.

Japan Display is expected to utilize the world’s best high value-added technologies of the Subject Subsidiaries and establish new production lines by utilizing funds provided by INCJ, in order to meet the market demand for high value-added products. In addition, through efficient use of the existing production capabilities of the Subject Subsidiaries, Japan Display aims to improve its cost competitiveness to solidify its position as a global leading company in the small- and medium-sized display market. The business is scheduled to begin operations in Spring of 2012, subject to the receipt of any necessary government approvals.

Outline of Japan Display (as currently planned):

About Innovation Network Corporation of Japan (INCJ)

INCJ was established in July 2009 as a public-private partnership that provides financial, technological and management support for next-generation businesses. INCJ specifically supports those projects that combine technologies and varied expertise across industries and materialize open innovation. INCJ has the capacity to invest up to 900 billion yen (approx US$12 billion).

To date, INCJ has invested approximately 325 billion yen in a total of 19 projects and is currently focused on a broad range of areas from green energy, electronics, IT and biotechnology to infrastructure-related sectors such as water supply. INCJ maintains a hands-on approach to investment, engaging in the business development of cutting-edge core technologies through intellectual property funds, expansion of venture companies and aggressive overseas development through initiatives such as restructuring and mergers of tech businesses and acquisitions of foreign companies.

Overview of Subject Subsidiaries

About Hitachi Displays, Ltd.

Founded: October 1, 2002

Address of Head Office: Chiyoda-ku, Tokyo

Sales: 150.8 billion yen (in the fiscal year ended March 31, 2011)

Capital: 35.2 billion yen (as of the end of March 2011)

Major Shareholders and Shareholding Ratio: Hitachi 75% (as of the end of March 2011)

Representatives: Yoshiyuki Imoto

Employees: Approximately 2,600 (as of the end of March 2011)

Business: Development, design, production and sales of small/mid-sized TFT LCDs and related products

Production base: Mobara-shi, Chiba

About Sony Mobile Display Corporation*

Founded: October 22, 1997

Address of Head Office: Higashiura-cho, Chita-gun, Aichi

Sales: 141.2 billion yen (in the fiscal year ended March 31, 2011)

Capital: 23.1 billion yen (as of the end of March 2011)

Major Shareholders and Shareholding Ratio: Sony 100% (as of the end of March 2011)

Representatives: Shuji Aruga

Employees: Approximately 2,200 (as of the end of June 2011)

Business**: Development, design, production and sales of small/mid-sized LCD devices and organic light-emitting diode (“OLED”) display devices

Production base: Higashiura Plant (Head office) – Higashiura-cho, Chita-gun, Aichi Tottori Plant – Tottori-shi, Tottori

* The Subject Subsidiaries that will be involved in this business integration also include Sony Mobile Display (Suzhou) Co., Ltd., a wholly-owned subsidiary of Sony which is engaged in the small- and medium-sized display business in Suzhou, China. The equity transfer is scheduled to occur after the start of operations of Japan Display.

** Information as of the date of announcement. Closer to the completion of the business integration, Sony plans to transfer its small- and medium-sized LCD device business to Sony Mobile Display Corporation, while the OLED display device business of Sony Mobile Display Corporation will be transferred to Sony or its subsidiary with the exception of part of the OLED display device production process.

About Toshiba Mobile Display Co., Ltd.

Founded: April 1, 2002

Address of Head Office Fukaya-shi, Saitama

Sales: 209.6 billion yen (in the fiscal year ended March 31, 2011)

Capital: 10 billion yen

Major Shareholders and Shareholding Ratio: Toshiba Group 100% (as of the end of March 2011)

Representatives: Masahiko Fukakushi

Employees: Approximately 2,200 (as of the end of March 2011)

Business: Development, production & sales of low temperature poly-silicon TFT LCDs and amorphous poly-silicon TFT LCDs

Production base: Headquarters Office – Fukaya-shi, Saitama

Ishikawa Works - Kawakita-cho, Nomi-gun, Ishikawa

Contacts

Japan

Atsushi Konno

Hitachi, Ltd.

+81-3-5208-9325

atsushi.konno.gs@hitachi.com

US

Mickey Takeuchi
Hitachi America, Ltd.
+1-914-333-2987
masayuki.takeuchi@hal.hitachi.com

25 December 2011

Tokyo, November 25, 2011 --- Hitachi, Ltd. (NYSE:HIT/TSE:6501) today announced the following executive change and organization change. The appointments take effect on January 1, 2012.

1. Executive Change

Resignation [Effective December 31, 2011]

Yoshito Tsunoda, currently Senior Vice President and Executive Officer, President & CEO of Battery Systems Company

2. Organization Change [Effective January 1, 2012]

Hitachi will eliminate Battery Systems Company.

About Hitachi, Ltd.

Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 360,000 employees worldwide. Fiscal 2010 (ended March 31, 2011) consolidated revenues totaled 9,315 billion yen ($112.2 billion). Hitachi will focus more than ever on the Social Innovation Business, which includes information and telecommunication systems, power systems, environmental, industrial and transportation systems, and social and urban systems, as well as the sophisticated materials and key devices that support them. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

<Reference>

Executive Officers [Effective January 1, 2012 (as of November 25, 2011)]

Contacts

Japan

Masanao Sato

Hitachi, Ltd.

+81-3-5208-9324

masanao.sato.sz@hitachi.com

US

Mickey Takeuchi
Hitachi America, Ltd.
+1-914-333-2987
masayuki.takeuchi@hal.hitachi.com

25 November 2011

Tokyo, November 25, 2011 --- Hitachi, Ltd. (NYSE: HIT / TSE:6501 “Hitachi”) will realign the operation of the Hitachi Group’s battery business into a framework organized by application, specifically, consumer, automotive and industrial systems applications. Business operations will be centralized at Hitachi Maxell Energy, Ltd. (“Hitachi Maxell Energy”) for consumer applications, Hitachi Vehicle Energy, Ltd. (“Hitachi Vehicle Energy”) for automotive applications, and Shin-Kobe Electric Machinery Co., Ltd. (“Shin-Kobe Electric Machinery”) for industrial systems applications. Hitachi also plans to centralize oversight of large-scale lithium-ion batteries for industrial systems applications at Shin-Kobe Electric Machinery by transferring this responsibility from the Battery Systems Company, effective January 1, 2012.

Currently, the battery market is showing a growing need for technological development such as development of larger capacity and higher output batteries. Technological innovation has advanced rapidly as a result of strong ties between battery systems and application products, particularly in the fields of batteries for automotive and industrial systems applications. Furthermore, companies are now entering the lithium-ion battery market from around the world, sparking stronger price competition. In addition, as energy-conservation demand rapidly expands worldwide, there has been a growing need for solutions that help to secure a stable power supply in times of emergency by combining renewable energy and large-scale storage batteries.

In response to these changes in the business environment, Hitachi established the Battery Systems Division on April 1, 2009 and began to formulate strategies for the entire Group with respect to the battery businesses that were previously promoted by each Group company individually. Furthermore, the Battery Systems Company was established on April 1, 2010 to coordinate the technologies, expertise, development resources, and other assets of Group companies, while laying stronger foundations for fundamental technologies such as electrode materials, control, and application technologies. Hitachi has also worked to strengthen power source solutions that combine standalone battery cells with application systems. Here, Hitachi has created new applications that contribute to the Social Innovation Business, which is a key priority for the Hitachi Group, and expanded these power solutions to large-scale applications.

Alongside these efforts to enhance the development of technologies and solutions, Hitachi has worked to develop a framework for driving business expansion by promoting strong ties between battery systems and application products. Specifically, in April 2011, Hitachi strengthened ties between Hitachi Vehicle Energy, which specializes in automotive batteries, and Hitachi Automotive Systems, Ltd., which specializes in automotive components and systems. At the same time, Hitachi Maxell Energy, which specializes in batteries for consumer applications, was spun off from Hitachi Maxell, Ltd. into an independent company. Moreover, Hitachi has now centralized the battery business for industrial systems applications at Shin-Kobe Electric Machinery. This has formed a framework capable of keeping up with rapid market changes by creating solutions utilizing world-class technological and product capabilities in each business based on strong ties between battery systems and products in the fields of consumer, automotive and industrial systems applications. In addition, Hitachi Chemical Co., Ltd. today announced that it aims to convert Shin-Kobe Electric Machinery into a wholly owned subsidiary through a tender offer.

Lithium-ion batteries are a key component underpinning Hitachi’s Social Innovation Business, including the fields of Green Mobility and new energy. Hitachi will work to promote swifter, more dynamic business development with the aim of maximizing corporate value.

About Hitachi, Ltd.

Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 360,000 employees worldwide. Fiscal 2010 (ended March 31, 2011) consolidated revenues totaled 9,315 billion yen ($112.2 billion). Hitachi will focus more than ever on the Social Innovation Business, which includes information and telecommunication systems, power systems, environmental, industrial and transportation systems, and social and urban systems, as well as the sophisticated materials and key devices that support them. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

Contacts

Japan

Atsushi Konno

Hitachi, Ltd.

+81-3-5208-9325

atsushi.konno.gs@hitachi.com

US

Mickey Takeuchi
Hitachi America, Ltd.
+1-914-333-2987
masayuki.takeuchi@hal.hitachi.com