Hitachi Announces the "New Globalization Plan"

Tokyo, Japan, June 7, 2011 ― Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced the "New Globalization Plan" comprising measures within the entire Hitachi Group, in order to accelerate growth strategy of the Social Innovation Business, which provides social infrastructures supported by highly reliable and highly efficient information and telecommunications technology. The plan identifies 11 key regions, with a particular focus on the Asian Belt Zone, South America, and Central/Eastern Europe, where are expected to see increased demand for the Social Innovation Business, which Hitachi is currently focusing its business resources. Based on the status of markets, competition, and the Hitachi Group’s business in each country, the plan is formed as the foundations of regional strategies within the Hitachi Group.