Hitachi Announces Recognizing Extraordinary Item on an Unconsolidated Basis

Tokyo, April 27, 2011 — Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced that the Company plans to post 52.9 billion yen in write-downs of subsidiaries and affiliated companies shares in line with a decline in market price or actual price as an extraordinary loss on an unconsolidated basis for the fiscal year ended March 31, 2011.