Hitachi Announces Recognizing Extraordinary Loss on Unconsolidated Basis

Tokyo, May 12, 2017 --- Hitachi, Ltd. (TSE:6501) today announced that it posted impairment loss on affiliated companies’ common stock of 187.8 billion yen for shares whose fair value decreased as extraordinary loss on unconsolidated basis for the fiscal year ended March 31, 2017. The major factor is related to the exit from the commercial development of a laser-based uranium enrichment technology by GE-Hitachi Nuclear Energy Holdings LLC, in which Hitachi America, Ltd., Hitachi’s consolidated subsidiary owns a part of shares.