Hitachi ABB HVDC Technologies, Ltd. commences business operations for HVDC in Japan

Tokyo, October 15, 2015 --- Hitachi, Ltd. (TSE: 6501 / “Hitachi”) and ABB, the leading power and automation technology group, today announced the completion of the process to establish a joint venture company, Hitachi ABB HVDC Technologies, Ltd., for high-voltage direct current (HVDC*1) transmission in Japan. Hitachi ABB HVDC Technologies, Ltd. will commence operations in November 2015. The company will provide ABB’s latest technology to HVDC projects on which Hitachi is the prime contractor, offering total services for direct current (DC) systems from design to engineering and equipment supply as well as after-sales service.