Press Releases 2014

Hitachi to Acquire Italian Engineering Firm Valcom S.r.l.

Tokyo, April 7, 2014 --- Hitachi, Ltd. (TSE: 6501/ “Hitachi”) today announced that it will acquire Valcom S.r.l. (“Valcom”), an engineering firm in the Italian Republic, through its European subsidiary Hitachi Europe Ltd., and concluded an agreement to acquire all issued shares of Valcom. Based on this agreement, Hitachi will conduct procedures to complete the acquisition by the end of April. After the acquisition is complete, Valcom will be renamed in due course as Hitachi Engineering Europe S.r.l. (provisional/ “Hitachi Engineering Europe”).

Hitachi to Participate in the "Survey on Environmentally-Friendly Urban Development in South Africa"

Tokyo, Japan, March 27, 2014 --- Hitachi, Ltd. (TSE: 6501, “Hitachi”) today announced its participation in the “Survey on Environmentally-Friendly Urban Development in South Africa” to be conducted by the Japan International Cooperation Agency (“JICA”). This study will focus on the three major South African cities of Johannesburg, Cape Town and eThekwini (Durban), aiming to gather and analyze basic data on social infrastructure in connection with urban development. The outcome will be used to examine the possibilities and areas of Japanese foreign assistance.

Hitachi to Strengthen Leadership Team to Drive Global Business Expansion in the Rail Systems Business

Tokyo, Japan, March, 20, 2014 --- Hitachi, Ltd. (TSE: 6501, “Hitachi”) today announced that it will create the post of Global Chief Executive Officer (CEO) as of April 1, 2014 to strengthen the management structure for global business expansion in the rail systems business. Specifically, Hitachi will assign a Global Chief Operating Officer (COO), Global Chief Strategy Officer (CSO) and other executives under the Global CEO to oversee and vigorously develop and advance global strategies for the rail systems business as it aims to drive further business expansion.

Hitachi Europe Announces the Appointment of Dr Satoshi Yoshitomias New General Manager of Johannesburg Office

Johannesburg, South Africa, March 18, 2014 --- Hitachi Europe Ltd., a subsidiary of Hitachi, Ltd. (TSE:6501), today announced that Dr Satoshi Yoshitomi has been appointed as General Manager of the Johannesburg Office of Hitachi Europe. Dr Yoshitomi currently serves as Senior Manager, Corporate Marketing Group, Hitachi, Ltd., and succeeds Mr Mitsunobu Oshima. The new appointment will be effective on 1 April, 2014.

Hokkaido University and Hitachi Complete a Facility Incorporating a Novel Proton Beam Therapy System for Cancer Treatment Developed Jointly under Japan's FIRST Program

Sapporo, March 17, 2014 --- Hokkaido University and Hitachi, Ltd. (TSE:6501) today announced that they have completed construction of facilities incorporating the “PROBEAT-RT Proton Beam Therapy System,” a novel proton beam cancer treatment system, within the Hokkaido University Hospital.

Toshiba, Hitachi and ITOCHU Win Order for ITS Package for Vietnam's Expressway

TOKYO, March 13, 2014 —Toshiba Corporation (TSE: 6502), Hitachi, Ltd. (TSE: 6501) and ITOCHU Corporation (TSE: 8001) today announced that the three companies have together signed a contract to supply the Vietnam Expressway Corporation (VEC) with an Intelligent Transport Systems (ITS) package that includes electronic toll collection (ETC), traffic control and equipment monitoring systems. The order has an estimated value of 4- billion yen, and is the first for an integrated ITS package that Japanese companies have received from overseas.

Commencement for "Smart Community Project in Greater Manchester, UK"

Tokyo, March 13, 2014 – Hitachi, Ltd. (TSE:6501/“Hitachi”), Daikin Industries, Ltd. (TSE:6367/“Daikin”), and Mizuho Bank, Ltd. (“Mizuho Bank”) today announced that their consortium will commence the demonstration phase of the “Smart Community Project in Greater Manchester, UK.” This project has been spearheaded by Japan’s New Energy Development Organization (“NEDO”), with the consortium selected to execute the project.

Hitachi to Establish Big Data Research Laboratory in Denmark

Tokyo, Japan, March 4, 2014 --- Hitachi, Ltd. (TSE: 6501, “Hitachi”) announced today that it will establish the Denmark Big Data Research Laboratory in the Kingdom of Denmark (“Denmark”) by the end of September 2014. The goal of the laboratory is to use big data to create new information services that will help to realize a sustainable, more comfortable society.

Hitachi Chemical, Hitachi, Sumitomo Electric to Establish Joint Venture for Epoxy Resin Molded Products Used in Gas insulated Switchgear and Power Transmission Cable Accessories

Tokyo and Osaka, March 3, 2014 - Hitachi Chemical Co., Ltd. (“Hitachi Chemical” /TSE:4217), Hitachi, Ltd. (“Hitachi”/TSE:6501) and Sumitomo Electric Industries, Ltd. (“Sumitomo Electric”/TSE:5802) today announced that they have reached an agreement to arrange the business succession of the epoxy resin molded products business of Hitachi Cable Mec-Tech, Ltd., a subsidiary of Hitachi Metals, Ltd., to a joint venture to be established by Hitachi Chemical, Hitachi and Sumitomo Electric, “Hitachi Chemical Sumiden Power Products, Ltd.” (tentative name), on April 1, 2014.

Hitachi Vehicle Energy's Design and Research & Development Operations to be Transferred and Integrated into Hitachi Automotive Systems' Operations

Tokyo, February 27, 2014 – Hitachi Automotive Systems, Ltd.(“Hitachi Automotive Systems”) and Hitachi Vehicle Energy, Ltd.(“Hitachi Vehicle Energy”) today announced that the two companies have decided to transfer and integrate Hitachi Vehicle Energy's design and research & development operations into Hitachi Automotive Systems on April 1, for further growth and expansion of the electric powertrain business and optimization of the business structure.


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