4 February 2014
Tokyo, February 4, 2014 – Hitachi, Ltd. (TSE:6501) today announced director candidates in accordance with a decision taken at a meeting of Nominating Committee convened today, subject to approval at Hitachi’s Ordinary General Meeting of Shareholders in June 2014.
1. Director Candidates [* New]
Proposed at Hitachi’s Ordinary General Meeting of Shareholders in June 2014
Note: Director Candidates are listed in Japanese alphabetical order of surname within each grouping.
<Outside Director>
Nobuo Katsumata, currently Outside Director of Hitachi, Ltd., Senior Corporate Advisor of Marubeni Corporation
Cynthia Carroll, currently Outside Director of Hitachi, Ltd., Non-Executive Director of BP plc. (UK)
Sadayuki Sakakibara, currently Outside Director of Hitachi, Ltd., Chairman of the Board and Representative Member of the Board, Toray Industries, Inc.
George Buckley, currently Outside Director of Hitachi, Ltd., Chairman of Arle Capital Partners Limited (UK)
Harufumi Mochizuki, currently Outside Director of Hitachi, Ltd., President and Representative Director of Tokyo Small and Medium Business Investment & Consultation Co., Ltd.
Philip Yeo, currently Outside Director of Hitachi, Ltd., Chairman of SPRING Singapore
*Hiroaki Yoshihara, former Vice Chairman of KPMG International
<Director>
Hiroaki Nakanishi, currently Director, Representative Executive Officer and President of Hitachi, Ltd.
Takashi Hatchoji, currently Director of Hitachi, Ltd., Chairman of the Board of Hitachi America, Ltd.
*Toshiaki Higashihara, currently Senior Vice President and Executive Officer of Hitachi, Ltd.
Takashi Miyoshi, currently Director of Hitachi, Ltd.
*Nobuo Mochida, currently Representative Executive Officer, Executive Vice President and Executive Officer of Hitachi, Ltd.
| Nominating Committee | Nobuo Katsumata, Sadayuki Sakakibara, Harufumi Mochizuki, Hiroaki Nakanishi |
|---|---|
| Audit Committee | Takashi Miyoshi, Nobuo Katsumata, Harufumi Mochizuki, Hiroaki Yoshihara, Nobuo Mochida |
| Compensation Committee | Harufumi Mochizuki, Nobuo Katsumata, Sadayuki Sakakibara, Toshiaki Higashihara |
2. Retiring Directors
Takashi Kawamura, currently Chairman of the Board of Hitachi, Ltd.
Yoshie Ota, currently Outside Director of Hitachi, Ltd.
Tohru Motobayashi, currently Outside Director of Hitachi, Ltd., Attorney at law, Partner of Ihara and Motobayashi
Michijiro Kikawa, currently Director of Hitachi, Ltd., Chairman of the Board of Hitachi Construction Machinery Co., Ltd.
Stephen Gomersall, currently Director of Hitachi, Ltd., Deputy Chairman of Hitachi Europe Ltd.
3. Biography of New Director Candidates
Hiroaki Yoshihara
| 3. Professional Experience: | |
|---|---|
| 1. Date of Birth: | February 9, 1957 |
| 2. Education: | |
| March, 1979 | Graduated from Osaka University, Bachelor of Science in Economics |
| June, 2008 | Member of the Board of Directors (Outside Director), Murata Manufacturing Co., Ltd. |
| October, 2003 | Vice Chairman and Global Managing Partner, KPMG International (Retired in April, 2007) |
| October, 1997 | The Board Member, KPMG LLP |
| July, 1996 | National Managing Partner, the Pacific Rim Practice, KPMG LLP |
| November, 1978 | Joined Peat Marwick Mitchell & Co. |
Toshiaki Higashihara
| 3. Professional Experience: | |
|---|---|
| 1. Date of Birth: | February 16, 1955 |
| 2. Education: | |
| September, 1990 | Master of Science in Computer Science, Boston University |
| March, 1977 | Graduated from Faculty of Engineering, The University of Tokushima |
| April, 2013 | Senior Vice President and Executive Officer President &CEO of Infrastructure Systems Group and Infrastructure Systems Company, Hitachi, Ltd. |
| April, 2012 | Vice President and Executive Officer, Vice President and Executive Officer of Infrastructure Systems Group, General Manager of Water Environment Solutions Division, Hitachi, Ltd. |
| April, 2011 | Vice President and Executive Officer, in charge of Industrial & Social Systems Business, Hitachi, Ltd. |
| June, 2010 | President and Representative Director of Hitachi Plant Technologies, Ltd. |
| April, 2010 | Representative Executive Officer, President and Chief Executive Officer of Hitachi Plant Technologies, Ltd. |
| April, 2008 | President of Hitachi Power Europe GmbH |
| April, 2007 | Vice President and Executive Officer, Chief Operating Officer of Power Systems Group, Hitachi, Ltd. |
| April, 2006 | Chief Operating Officer of Information & Telecommunication Systems Group, Hitachi, Ltd. |
| April, 2004 | General Manager of Information & Control Systems Division, Information & Telecommunication Systems Group, Hitachi, Ltd. |
| October, 2001 | General Manager of Public Utility and Energy Industry Information Systems Division, Information & Control Systems Division, System Solutions Group, Hitachi, Ltd. |
| August, 2000 | Senior Manager of Public Utility and Energy Industry Information Systems Design Department, Information & Control Systems Division, Power & Industrial Systems Group, Hitachi, Ltd. |
| April, 1999 | Senior Manager of Transportation Systems Design Department, Omika Industrial Systems Division, Power & Industrial System Group, Hitachi, Ltd. |
| April, 1977 | Joined Hitachi, Ltd. |
Nobuo Mochida
| 3. Professional Experience: | |
|---|---|
| 1. Date of Birth: | April 1, 1947 |
| 2. Education: | |
| March, 1970 | Graduated from Faculty of Engineering, The University of Tokyo |
| October, 2013 | Representative Executive Officer, Executive Vice President and Executive Officer, Head of MONOZUKURI & Quality Assurance, Hitachi, Ltd. |
| August, 2012 | Representative Executive Officer, Executive Vice President and Executive Officer, Project Leader of Production Cost Transformation Project, Smart Transformation Project Initiatives Division, Hitachi, Ltd. Chairman of the Board of Hitachi Metals, Ltd. |
| April, 2010 | Representative Executive Officer, Executive Vice President and Executive Officer, General Manager of Corporate Quality Assurance Division and Supervisory Office for MONOZUKURI, Deputy General Manager of Supervisory Office for Business Infrastructure, Hitachi, Ltd. Chairman of the Board of Hitachi Metals, Ltd. |
| June, 2006 | Director, Representative Executive Officer, President and Chief Executive Officer of Hitachi Metals, Ltd. |
| June, 2005 | Vice President and Executive Officer of Hitachi Metals, Ltd. Director, Vice President and Executive Officer of NEOMAX Co., Ltd. |
| June, 2004 | Director, Vice President and Executive Officer of NEOMAX Co., Ltd. |
| April, 2004 | Vice President and Director of NEOMAX Co., Ltd. |
| October, 2002 | Managing Officer, President of Magnetic Materials Company, Hitachi Metals, Ltd. |
| October, 2001 | President of Magnetic Materials Company, Hitachi Metals, Ltd. |
| April, 1999 | General Manager of Kumagaya Magnetic Works, Hitachi Metals, Ltd. |
| April, 1970 | Joined Hitachi Metals, Ltd. |
About Hitachi, Ltd.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 326,000 employees worldwide. The company’s consolidated revenues for fiscal 2012 (ended March 31, 2013) totaled 9,041 billion yen ($96.1 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes infrastructure systems, information & telecommunication systems, power systems, construction machinery, high functional material & components, automotive systems and others.
For more information on Hitachi, please visit the company's website at http://www.hitachi.com .
Press Contacts:
Japan
Yoji Maruo
Hitachi, Ltd.
+81-3-5208-9324
USA
Mickey Takeuchi
Hitachi America, Ltd.
+1-914-333-2987
Hitachi in Canada
At Hitachi, green and digital innovation drives our mission as climate change innovators. Converging operational and information technologies, Hitachi is addressing societal and environmental challenges, shaping a greener, brighter tomorrow for all.
4 February 2014
Tokyo, February 4, 2014 --- Hitachi, Ltd. (TSE:6501) today announced its consolidated financial results for the third quarter of fiscal 2013, ended December 31, 2013.
Notes:
- All figures, except for the outlook for fiscal 2013, were converted at the rate of 105 yen to the U.S. dollar, the approximate exchange rate on the Tokyo Foreign Exchange Market as of December 30, 2013.
- Operating income is presented in accordance with financial reporting principles and practices generally accepted in Japan.
For more information, please click here http://www.hitachi.com/New/cnews/140204.html
Press Contacts:
Japan
Yoji Maruo
Hitachi, Ltd.
+81-3-5208-9324
USA
Mickey Takeuchi
Hitachi America, Ltd.
+1-914-333-2987
Hitachi in Canada
At Hitachi, green and digital innovation drives our mission as climate change innovators. Converging operational and information technologies, Hitachi is addressing societal and environmental challenges, shaping a greener, brighter tomorrow for all.
6 February 2014
Tokyo, February 6, 2014 – Hitachi, Ltd. (TSE: 6501; “Hitachi”) and Hitachi Medical Corporation (TSE: 6910; “Hitachi Medical”) determined on January 30, 2014 the method for making Hitachi Medical a wholly-owned subsidiary of Hitachi to be a share exchange with Hitachi as the wholly-owning parent company and Hitachi Medical as the wholly-owned subsidiary (the “Share Exchange”). They today announced that they have reached agreement on the exchange ratio, the effective date and other detailed matters of the Share Exchange and that they have concluded a share exchange agreement (the “Share Exchange Agreement”).
Both companies plan to implement the Share Exchange without obtaining approval by resolution of a General Meeting of Shareholders, with Hitachi using a simplified share exchange (kani kabushiki kokan) procedure pursuant to Article 796, Paragraph 3 of the Companies Act of Japan, and Hitachi Medical using a short-form share exchange (ryakushiki kabushiki kokan) procedure pursuant to Article 784, Paragraph 1 of the Companies Act of Japan.
Hitachi Medical shares will be delisted on February 26, 2014 (the final trading date will be February 25, 2014) prior to the effective date of the Share Exchange (March 1, 2014).
For more information, please click here http://www.hitachi.com/New/cnews/f_140206.pdf
Press Contacts:
Hitachi
Tamie Nagamoto
+81-3-5208-9323
Hitachi Medical
Legal & Corporate
Communication Department
+81-3-3526-8809
Hitachi in Canada
At Hitachi, green and digital innovation drives our mission as climate change innovators. Converging operational and information technologies, Hitachi is addressing societal and environmental challenges, shaping a greener, brighter tomorrow for all.
28 March 2014
First pilot installation of CrystEna planned outside of Philadelphia
Tarrytown, New York and New Milford, Connecticut, March 28, 2014 --- Hitachi America, Ltd., a wholly owned subsidiary of Hitachi, Ltd. (“Hitachi” / TSE:6501) and Demansys Energy LLC (“Demansys”) today announced that they have reached an agreement to perform a demonstration project utilizing Hitachi’s “CrystEna” compact container-type energy storage system in the market for frequency regulation and capacity services*2, and that site installation work will soon commence. The demonstration, which is designed to confirm the benefits of using the CrystEna energy storage system for grid stabilization, will run for two years, beginning in June 2014.
Recently, regulators, grid operators, utilities, and research organizations have projected the need for additional grid storage systems to help ensure reliable power system operation as an increasing percentage of intermittent energy sources, such as wind and photovoltaic power generation, are brought on-line. Throughout the USA, numerous new entrants, including storage resources, are demonstrating their ability to provide frequency regulation and capacity services.
Hitachi’s CrystEna is a complete energy storage system. The system was developed with an emphasis on long operating life, providing significant commercial value. It uses Hitachi’s control systems and power conditioning systems (PCS), and lithium-ion batteries from Hitachi Chemical Co., Ltd.(TSE:4217). Its enhanced economics are due to both its compact design and system performance improvements.
Demansys is participating in frequency regulation and reserves programs throughout the Northeastern US, using its Grid Daemon platform to supply grid operators with highly-reliable services involving real-time control and management of energy storage and behind-the-meter energy assets. It also has the ability to provide capacity services and plans to do so from the New Jersey-based demonstration project.
Demansys will be responsible for overall coordination of the new demonstration project. The demonstration involves the installation of a Hitachi CrystEna system in New Jersey, not far from Philadelphia. To verify the system’s effectiveness for grid stabilization, the demonstration will collect data over a two year period, including a capacity pilot project with PJM*3 and frequency regulation operation in PJM, the USA’s largest independent grid operator. The demonstration will be used by Hitachi to further evaluate its energy storage systems and to verify the systems’ reliability and effectiveness with a view to future commercialization.
Hitachi’s electric power transmission and distribution systems business is a core part of its power systems business. It is seeking to expand its solution business by combining IT and power electronics technology for control systems and other balance of plant. Hitachi anticipates applications for CrystEna at a wide range of facilities in the future, and is actively working to expand sales of all of its energy storage systems.
Demansys’ Grid Daemon has been used in a diverse range of commercial and industrial applications. Since October 2012, the company has participated in a pilot program in the New England frequency regulation market that controls consumer loads in order to regulate frequency without the use of generators. By maximizing benefits for end users, as well as providing an interface for market transactions between grid operators and consumers, Demansys is contributing to a robust frequency regulation market utilizing numerous types of supply resources.
In announcing the demonstration project, Masaaki Nomoto, General Manager, Transmission & Distribution Systems Division, Power Systems Company, Hitachi, Ltd. said, “We are pleased to conduct the demonstration project in the USA. This demonstration represents another important milestone in the deployment of Hitachi’s battery storage business in the USA, and we will further pursue technically superior solutions to meet the requirements of various customers.”
Jeff Lines, Demansys CEO said, “At its core, Demansys is committed to enhancing the smart grid and creating value for its stakeholders. We are proud to partner with Hitachi on the CrystEna project and incorporate our Grid Daemon software platform to demonstrate the significant impact this energy storage system will have on grid stabilization.”
*1 Trademark registered in Japan. Application for trademark registration in USA currently pending.
*2 Capacity market: An auction through which grid operators secure a sufficient supply of capacity several years into the future from supply and demand-side resources. In PJM, rules are currently being developed for storage resources.
*3 PJM(PJM Interconnection LLC): Independent grid operator in the Mid-Atlantic and Midwest. Covering a total of 13 states, it is the largest power system operator in North America. PJM is an abbreviation of Pennsylvania, New Jersey, and Maryland.
About Hitachi, Ltd.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 326,000 employees worldwide. The company’s consolidated revenues for fiscal 2012 (ended March 31, 2013) totaled 9,041 billion yen ($96.1 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes infrastructure systems, information & telecommunication systems, power systems, construction machinery, high functional material & components, automotive systems and others. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.
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 http://www.hitachi.us/.
About Demansys Energy LLC
Demansys Energy LLC, a Connecticut-based company, is a provider of smart-grid services. Demansys provides turnkey solutions for advanced control of energy consumption, distributed generation, and storage resources, which creates additional revenue streams for end-use customers, as well as reliability products for utilities and grid operators. The Demansys Grid Daemon Platform was developed to continuously communicate with system operators and customers to seamlessly control demand-side energy resources and storage systems in real-time, using sophisticated proprietary algorithms. For more information, visit www.demansys.com.
Press Contacts:
Mickey Takeuchi
Hitachi America, Ltd.
+1-914-333-2987
Jennifer Meyer
Demansys Energy LLC
+1-603-508-0551
Hitachi in Canada
At Hitachi, green and digital innovation drives our mission as climate change innovators. Converging operational and information technologies, Hitachi is addressing societal and environmental challenges, shaping a greener, brighter tomorrow for all.
31 March 2014
Data Management for the One of the Largest Oil Fields in the United States
Tarrytown, NY, March 31, 2014 — Hitachi America, Ltd. and the Energy & Environmental Research Center (EERC) today announced that the two companies are partnering to develop technology-driven products, services, and solutions for enhancing the production of oil reserves from the Bakken petroleum system. Covering parts of North Dakota, Montana, Saskatchewan, and Manitoba, the Bakken petroleum system is estimated to hold hundreds of billions of barrels of oil.
With nearly 6000 unconventional Bakken petroleum system wells and nearly 200 drilling rigs in North Dakota alone, the sheer volume of data collected to date is staggering. Using powerful analytical tools to compile and evaluate Bakken data, oilfield operators and state officials can better understand the relationships between the productivity of an oil well and a variety of factors, such as how the well was drilled and the geology of the area in which it was drilled. These tools can also be used to identify previously unrecognized relationships in the data. In turn, this improved understanding will enable industry to improve the productivity of current and future Bakken wells.
Over the past several years, the EERC has conducted several research projects that have been geared toward both improving the productivity and efficiency of Bakken development and reducing its environmental footprint. Meanwhile, Hitachi has worked to develop analytical data tools for the conventional oil and gas industry. The two organizations recognized the unique, complementary skill sets that each other had and quickly identified the Bakken oil boom as an opportunity to collaboratively apply their combined expertise in ways that were beneficial for the industry.
“As an unconventional resource, there is much about the Bakken that remains unknown. However, we believe that through our partnership with Hitachi, we will be able to shed light on these unknowns and help guide the next round of discovery,” said John Harju, Associate Director of Research at the EERC.
“At Hitachi we believe in a customer-driven research model where we collaborate with leading industry players to understand the hard problems they face and apply our research techniques to help transform our customers business. This collaboration with EERC complements our in-house strengths in big data analytics with deep domain related expertise in shale oil and gas production. Such collaborations will prove to be instrumental for the success of our IT X OT Convergence program,” said Dr.Umeshwar Dayal, VP and Sr. Fellow Big Data Research Lab, Hitachi America Ltd.
About Hitachi, Ltd.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 326,000 employees worldwide. The company’s consolidated revenues for fiscal 2012 (ended March 31, 2013) totaled 9041 billion yen (US$96.1 billion). Hitachi is focusing more than ever on its social innovation business, which includes infrastructure systems, information and telecommunication systems, power systems, construction machinery, high functional material and components, automotive systems, and others. For more information, visit www.hitachi.com.
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.
About the EERC
The EERC is a research, development, demonstration, and commercialization facility recognized as one of the world’s leading developers of cleaner, more efficient energy technologies as well as tools and approaches specifically focused on resource assessment and optimization of oil and gas exploration and production performance. The EERC, a high-tech, nonprofit division of the University of North Dakota, operates like a business and pursues an entrepreneurial, market-driven approach to research and development in order to successfully demonstrate and commercialize innovative technologies. For more information, see www.undeerc.org.
Press Contacts:
Mickey Takeuchi
Hitachi, Ltd.
Cindy Hecht
Hitachi America, Ltd.
Hitachi in Canada
At Hitachi, green and digital innovation drives our mission as climate change innovators. Converging operational and information technologies, Hitachi is addressing societal and environmental challenges, shaping a greener, brighter tomorrow for all.
5 May 2014
Farmington Hills, Michigan, May 5, 2014 --- Hitachi Automotive Systems Americas, Inc., the regional headquarters for the Americas within Hitachi Automotive Systems’ global operations – today announced that Hitachi Automotive Systems Mexico, S.A. de C.V. (President: Takumi Shimaoka) has begun the construction of a new plant in Lerma City, Mexico to manufacture automotive systems.
Mexico continues to develop as a base for automotive manufacturing throughout the Americas, including Latin America. The numbers of foreign car maker factories are increasing. As a result, there are greater demands of localization to respond quickly to the community needs and to secure production capacity in Mexico for automotive equipment system manufacturers. Furthermore, due to NAFTA (Mexico, United States and Canada’s North American Free Trade Agreement) and the Economic Complementation Agreement (ACE) No 55 regarding the automotive sector between Mexico and the member countries of the MERCOSUR (Argentina, Brazil, Paraguay and Uruguay), there are tariff-free exports of automotive parts. This has led to enhanced introduction of automotive equipment system manufacturers into Mexico.
This new plant, 3rd for the Company and 5th for Hitachi Automotive Systems Group within Mexico, is being established to respond appropriately to support the production of vehicles in Mexico and to further strengthen the supply for the car makers throughout the Americas using the preferential trade agreement.
As a result of the establishment of the new plant, the Company will be securing approximately 180,000 square meters of land in Lerma City, Mexico. The Company will begin production of pistons for automotive parts as well as aluminum diecasts in May 2015. Further expansion of production is to be expected in the future.
Hitachi Automotive Systems will continue to work on establishing further expansion of the automotive equipment systems business in Mexico.
Overview of the new plant in Lerma, Mexico
| Name | Hitachi Automotive Systems Mexico, S.A. de C.V. Plant 3 (As of April 2014, company name change from Unisia Mexicana S.A. de C.V.) |
|---|---|
| Location | Lerma City, State of Mexico |
| Products | Piston for automotive parts, aluminum diecast (Planning for steady expansion of manufacturing) |
| Site Area | Approximately 180,000 m² |
| Production | May of 2015 |
Hitachi Automotive Systems Group in Mexico
| Name | Hitachi Automotive Systems Mexico, S.A. de C.V. | Hitachi Automotive Systems Queretaro, S.A. de C.V. | Electrónica Clarion S.A. de C.V. |
|---|---|---|---|
| Location | Lerma City, State of Mexico | Queretaro City, State of Queretaro | Corporate Office: Mexico City Plant: San Juan Del Rio, State of Queretaro |
| Representative | Takumi Shimaoka | Shigetoshi Nashimoto | Joaquín Loose |
| Date of Foundation | March of 1979 | July of 2012 | November of 1983 |
| Main Products | Plant 1: Pump, balancer, etc. Plant 2: Ignition Coil, etc. Plant 3: Piston, aluminum diecast | Suspension, brakes, etc. | Car audio equipment, Engine control unit, etc. |
| Number of employees (as of March 2014) | Approximately 1,320 | Approximately 200 | Approximately 1,680 |
About Hitachi Automotive Systems Americas, Inc.
Hitachi Automotive Systems Americas, Inc., a subsidiary of Hitachi America, Ltd., manufactures, remanufactures and markets a wide range of automotive systems including engine management systems, electric power train systems, drive control systems and car information systems for all major automotive original equipment manufacturers and aftermarket customers worldwide, providing leadership within Hitachi Automotive Systems’ global operations as the regional headquarters in the Americas. The company is headquartered in Farmington Hills, MI.
For more information, please visit www.hitachi-automotive.us.
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.
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, Ltd.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 326,000 employees worldwide. The company's consolidated revenues for fiscal 2012 (ended March 31, 2013) totaled 9,041 billion yen ($96.1 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes infrastructure systems, information & telecommunication systems, power systems, construction machinery, high functional material & components, automotive systems and others.
For more information on Hitachi, please visit the company's website at http://www.hitachi.com.
Press Contacts:
Craig Fisher
Hitachi Automotive Systems Americas, Inc.
+1-859-734-6448
Hitachi in Canada
At Hitachi, green and digital innovation drives our mission as climate change innovators. Converging operational and information technologies, Hitachi is addressing societal and environmental challenges, shaping a greener, brighter tomorrow for all.
31 July 2014
Tokyo, July 31, 2014 --- Hitachi, Ltd. (TSE:6501) today announced its consolidated financial results for the first quarter of fiscal 2014, ended June 30, 2014.
Notes:
- All figures, except for the outlook for full year and the first half of fiscal 2014, were converted at the rate of 101 yen to the U.S. dollar, the approximate exchange rate on the Tokyo Foreign Exchange Market as of June 30, 2014.
- Operating income is presented in accordance with financial reporting principles and practices generally accepted in Japan.
For more information, please click here http://www.hitachi.com/New/cnews/month/2014/07/140731.html
Press Contacts:
Japan
Yoji Maruo
Hitachi, Ltd.
+81-3-5208-9324
USA
Tamie Nagamoto
Hitachi America, Ltd.
+1-914-333-2987
Hitachi in Canada
At Hitachi, green and digital innovation drives our mission as climate change innovators. Converging operational and information technologies, Hitachi is addressing societal and environmental challenges, shaping a greener, brighter tomorrow for all.
23 October 2015
Sapporo, Japan, October 23, 2014 --- Hitachi, Ltd. (TSE:6501) and development partner, Hokkaido University today announced the launch of PROBEAT-RT, a new Single-Room Compact 360 degree Gantry Proton Beam Therapy System. Hitachi completed the installation of their first Compact Single-Room “PROBEAT-RT Proton Beam Therapy System,” at the Hokkaido University Hospital facility on schedule, and patient treatment with spot scanning beam commenced in March 2014.
The new Hitachi PROBEAT-RT technology system advancements developed with Hokkaido University includes:
- Compact 220 MeV "energy efficient" Synchrotron accelerator
- Full 360 degree Compact Gantry with rotating floor
- Real-time Tumor-tracking for motion management of sites affected by respiration
- Gantry Mounted Cone-Beam CT IGRT image guidance (Pending MLHW/PMDA)
The development of advanced Real-time Tumor-tracking, will continue with incorporation of Molecular Imaging, with the goal of dramatically reducing radiation dose to normal tissue from the imaging process. Hokkaido University's "Advanced Radiation Therapy Project Real-time Tumor-tracking with Molecular Imaging Technique" project was the only application accepted in the field of Radiation Therapy, by the Japanese Government FIRST (Funding Program for World-Leading Innovative R&D on Science and Technology) research program. The proposed system has gained worldwide attention as a potential driving force behind the advancement of radiation treatment and cancer therapy.
Hitachi has recently obtained Japan MLHW/PMDA approval for manufacture and sales of the spot scanning PROBEAT-RT Proton Beam Therapy treatment system with Real-time Tumor-tracking.
By merging Hitachi’s technologies with Hokkaido University expertise, Hitachi using it's proven dedicated spot scanning technology, has reduced the size of the Gantry, the Nozzle, and the Accelerator, in a new, easy-to-use, compact treatment system. In comparison to the industry leading PROBEAT Proton Beam Therapy System, the first FDA cleared spot scanning system in the US, released previously by Hitachi, the circumference of the new compact accelerator has been reduced from 23 feet to 16 feet. The Gantry of the PROBEAT has also been reduced in size, resulting in a 30 percent reduction in overall footprint.
Hitachi is currently installing three new compact Synchrotron accelerators in the US, where they will be used in a multi-room configuration, with Compact 190 degree Gantries, pending FDA clearance. Hitachi designed the new Compact system to meet the demands of today with the ability to support future growth, offering a choice of either 190 or 360 degree compact Gantries, and to expand to multiple treatment rooms from a single treatment room at a later point in time, if desired.
"Hokkaido University and Hitachi combined their respective outstanding technologies, knowledge, and experience in the medical and engineering fields, to create this cutting-edge proton beam therapy cancer treatment system, to maintain excellent quality of life (QOL) for patients. We are very pleased to introduce PROBEAT-RT to the US market, in conjunction with the first inaugural PTCOG-NA scientific meeting, hosted by the University of Texas MD Anderson Proton Therapy Center." Hitachi's Executive General Manager, Particle Therapy Division, Fumito Nakamura, said in a statement.
About Hitachi / PROBEAT
The Hitachi PROBEAT™ System is a proven, industry leading Proton Beam Therapy System, the first in FDA cleared IMPT Spot Scanning. IGRT choices includeC-Arm CBCT (Pending FDA) and Gantry-mounted CBCT (Pending Japan MLHW/PMDA) or combination with CT-on-Rails. Hitachi’s commitment to Proton Beam Therapy continues with essential innovations, such as Real-time Tumor-tracking.
Prestigious medical centers around the world, have chosen Hitachi PROBEAT™ due to high reliability and efficient work flow supporting features, such as fully automated beam switching between treatment rooms and beam matching, in multi-room centers.
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 2013 (ended March 31, 2014) totaled 9,616 billion yen ($93.4 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes infrastructure systems, information & telecommunication systems, power 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 Hokkaido University
Hokkaido University started out in 1876 as the Sapporo Agricultural College, the first modern academic institution in Japan. Over many generations, today we enroll approximately 18,000 students, including many international students from more than 85 countries. In order to meet the demands of society and to move ahead as a National University Corporation, Hokkaido University needs to formulate a long term goal for developing the basis of knowledge creation, knowledge dissemination and knowledge application in the new century, while re-realizing our basic philosophies and recognizing our accountability to society.
For more information on Hokkaido University, please visit university’s website at http://www.oia.hokudai.ac.jp/.
Contacts
For Hitachi America Ltd.
Tamie Nagamoto
Hitachi America, Ltd.
Phone: +1-914-333-2987
Mobile: +1-914-357-6075
tamie.nagamoto@hal.hitachi.com
For Hokkaido University
Masako Wada
Hokkaido University
Phone: +81-(0)11-706-7798
wadapmc@med.hokudai.ac.jp
Hitachi in Canada
At Hitachi, green and digital innovation drives our mission as climate change innovators. Converging operational and information technologies, Hitachi is addressing societal and environmental challenges, shaping a greener, brighter tomorrow for all.
23 October 2014
Treatments to begin using the world’s first spot scanning proton beam therapy system equipped with Real-time Tumor-tracking capability
Sapporo, Japan, October 23, 2014 --- Hokkaido University and Hitachi, Ltd. (TSE:6501) today announced that the approval under Japan’s Pharmaceutical Affairs Law has been granted to Hitachi for the manufacture and sales of the PROBEAT-RT, a proton beam therapy treatment system combining spot scanning irradiation and Real-time Tumor-tracking Radiation Therapy. Hokkaido University and Hitachi had been jointly developing this system after the project was awarded a grant in 2010 under the Funding Program for World-Leading Innovative R&D on Science and Technology (the “FIRST Program”), a national project sponsored by the Japanese government.
Treatments using this new method are scheduled to begin within fiscal year 2014 at Hokkaido University. The approval for the manufacture and sales of this system is the first of its type in the world and marks the start of irradiation treatments by a single system utilizing both Real-time Tumor-tracking and spot scanning irradiation.
Proton beam therapy (PBT) is an advanced type of cancer radiotherapy. Protons, the atomic nuclei of hydrogen, are accelerated to high speed and their energy is concentrated onto tumors. The superb characteristics of proton beams allow patients to maintain their normal lifestyles during treatment as it is painless and impact to the body’s normal functions are minimized. PBT has thus been expected as a cutting-edge therapy for treating cancer whilst maintaining patients' quality of life (QOL). As these characteristics enable precise dose concentration, PBT can be easily applied to stationary targets such as brain tumors. Treatment however, of tumors in the torso such as those in the lung or liver which move due to respiration, require special care - and thus the combination of PBT with real-time tracking to target moving tumors has been highly anticipated.
The PROBEAT-RT Proton Beam Therapy System brings together Real-time Tumor-tracking technique developed by Hokkaido University with Hitachi’s Spot Scanning Technology. After spot scanning irradiation was approved under Japan’s Pharmaceutical Law in March 2014, Real-time Tumor-tracking was incorporated into the PROBEAT-RT system enabling the precise irradiation of targets in motion – for example, due to respiration, achieving high dose delivery while significantly minimizing exposure to normal tissue and organs.
The FIRST Program is a major research support structure established as part of a Japanese government initiative to promote science and technology. At a meeting of the Council for Science and Technology Policy in March 2010, out of a total of 565 applications from across Japan, 30 "Core Researchers and Projects" were awarded grants based on their notable potential in the advancement of Japanese science and technology. Hokkaido University's "Advanced Radiation Therapy Project Real-time Tumor-tracking with Molecular Imaging Technique" project was awarded a FIRST grant following an application by Professor Hiroki Shirato of the Department of Radiation Medicine, Graduate School of Medicine*. This was the only application accepted in the field of radiation therapy. The proposed system has gained worldwide attention as a potential driving force behind the advancement of radiation treatment and cancer therapy.
The goal of the “Advanced Radiation Therapy Project Real-time Tumor-tracking with Molecular Imaging Technique” is to develop a treatment system that can dramatically reduce the irradiation of normal tissue, in a compact, low-cost system that demonstrates international competitiveness. This goal is achieved by combining the Real-time Tumor-tracking Radiation Therapy developed by Hokkaido University through X-ray therapy with Hitachi’s Spot Scanning proton beam irradiation technology, which was delivered for the first time ever to a general hospital. In this way, Hokkaido University and Hitachi will offer a proton beam therapy system that can accurately irradiate a tumor that moves due to respiration, for example in the lung or liver.
The PROBEAT-RT Proton Beam Therapy System is a compact, low-cost proton beam cancer treatment system developed jointly by Hokkaido University and Hitachi. By merging Hitachi’s technologies with the expertise that Hokkaido University has developed through radiation treatment, and by using only spot scanning irradiation as the irradiation method, it became possible to reduce the size of the gantry, the irradiation nozzle, and the accelerator. Hokkaido University began treatments using the compact system from March, 2014. Approval of this system allows us not only to bring to market a compact, proton beam therapy system with spot scanning, but one enhanced with Real-time Tumor-tracking. This additional, high precision capability can treat patients with tumors in motion due to respiration and thus achieves the goal stated in the “Advanced Radiation Therapy Project Real-time Tumor-tracking with Molecular Imaging Technique.”
Hokkaido University and Hitachi will combine their respective outstanding technologies, knowledge and experience in the medical and engineering fields, to contribute to cutting-edge radiation therapy and cancer treatments that maintain excellent QOL for patients through the development of this Proton Beam Therapy System.
* In parallel with development of the proton beam cancer treatment system, a component of the " Advanced Radiation Therapy Project Real-time Tumor-tracking with Molecular Imaging Technique," Kyoto University Professor Masahiro Hiraoka, who collaborated in the proposal for this national project, developed a tracking-image X-ray therapy system that tracks and irradiates tumors, as part of his activities in the X-ray therapy field.
Overview of Real-time Tumor-tracking Radiation Therapy
In “Real-time Tumor-tracking Radiation Therapy,” gold markers are inserted in the proximity of the tumor, and a computed tomography (CT) system is used to identify the marker positions in relation to the tumor core. Using an X-ray fluoroscopy system from two directions, this technology automatically pinpoints the gold markers positions on a fluoroscopy image using pattern recognition, and repeatedly calculates the spatial position at regular intervals. The treatment beam only irradiates the targeted tumor when the gold markers are located within a few millimeters of the planned positions. As this operation is performed at high speed, it is possible to irradiate tumors with a high degree of accuracy, even when they move within the body, for example due to the patient’s respiration. Compared to conventional methods that irradiate the entire area in which the tumor might migrate, this system reduces the irradiation volume by 50-75 percent, allowing a dramatic reduction in the irradiation of normal tissue.
Overview of spot scanning Irradiation Technology
Rather than scattering proton beams as in the case of conventional proton beam therapy, Hitachi’s Spot Scanning irradiation technology uses a constant, narrow beam, repeatedly turning this beam on and off at high speed as it progressively changes location. In this way, the beams can be targeted with high precision according to the shape of the tumors, even if those shapes are extremely complex, thus minimizing the impact on normal tissue.
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 2013 (ended March 31, 2014) totaled 9,616 billion yen ($93.4 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes infrastructure systems, information & telecommunication systems, power 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 Hokkaido University
Hokkaido University started out in 1876 as the Sapporo Agricultural College, the first modern academic institution in Japan. Over many generations, today we enroll approximately 18,000 students, including many international students from more than 85 countries. In order to meet the demands of society and to move ahead as a National University Corporation, Hokkaido University needs to formulate a long term goal for developing the basis of knowledge creation, knowledge dissemination and knowledge application in the new century, while re-realizing our basic philosophies and recognizing our accountability to society. For more information on Hokkaido University, please visit university’s website at http://www.oia.hokudai.ac.jp/.
Contacts
Japan
Yuko Futagami
Hitachi, Ltd.
+81-3-5208-9325
Yuko.futagami.ru@hitachi.com
Masako Wada
Hokkaido University
+81-11-706-7798
wadapmc@med.hokudai.ac.jp
U.S.
Tamie Nagamoto
Hitachi America, Ltd.
+1-914-333-2987
tamie.nagamoto@hal.hitachi.com
Hitachi in Canada
At Hitachi, green and digital innovation drives our mission as climate change innovators. Converging operational and information technologies, Hitachi is addressing societal and environmental challenges, shaping a greener, brighter tomorrow for all.
29 October 2014
Tokyo, October 29, 2014 --- Hitachi, Ltd. (TSE:6501) today announced that the Board of Directors decided the interim dividend for the fiscal year ending March 31, 2015 as shown below in view of earnings performance and other factors.
For more information, please click here http://www.hitachi.com/New/cnews/month/2014/10/141029a.html
Press Contacts:
Japan
Yoji Maruo
Hitachi, Ltd.
+81-3-5208-9324
yoji.maruo.pt@hitachi.com
USA
Tamie Nagamoto
Hitachi America, Ltd.
+1-914-333-2987
tamie.nagamoto@hal.hitachi.com
Hitachi in Canada
At Hitachi, green and digital innovation drives our mission as climate change innovators. Converging operational and information technologies, Hitachi is addressing societal and environmental challenges, shaping a greener, brighter tomorrow for all.