Hitachi to Adopt International Financial Reporting Standards

Tokyo, January 26, 2015 - Hitachi, Ltd. (TSE:6501, “Hitachi”) today announced that it has decided to voluntarily adopt International Financial Reporting Standards (IFRS) in place of accounting principles generally accepted in the U.S. for its consolidated financial statements. Hitachi plans to apply IFRS to the presentation of the consolidated financial statements in its annual securities report for the fiscal year ending March 31, 2015 (from April 1, 2014 to March 31, 2015). Hitachi will, however, prepare its consolidated financial results announced as a press release and its consolidated financial statements under the Companies Act for the fiscal year ending March 31, 2015 in accordance with accounting principles generally accepted in the U.S. as before.