Hitachi Announce Change of the Effective Date of Transferring Subsidiary Shares

Tokyo, Japan, July 22, 2016 --- Hitachi, Ltd. announced on May 13, 2016 that it has executed an agreement regarding the transfer of common stocks of Hitachi Capital Corporation, a consolidated subsidiary of Hitachi. Based on this agreement, a part of shares of Hitachi Capital common stocks owned by Hitachi will be transferred to Mitsubishi UFJ Financial Group, Inc. and Mitsubishi UFJ Lease & Finance Co., Ltd..

Following the conclusion of the agreement, Hitachi, MUFG and Mitsubishi UFJ Lease have proceeded with the preparation toward the transfer of a part of shares of Hitachi Capital common stocks. However, considering the regulation, permission and authorization, Hitachi, MUFG and Mitsubishi UFJ Lease agreed to change the effective date of transfer of shares from "August, 2016 (planned)" to "October, 2016 or after, subject to the regulation, permission and authorization."