Hitachi Conclude Absorption-type Company Split Agreement Relating to the Restructuring of Power Semiconductor Business

Tokyo, August 6, 2013 --- Hitachi, Ltd. (TSE: 6501 / “Hitachi”) on June 11, 2013 announced that it had decided to create an integrated framework encompassing design, manufacturing and sales in power semiconductors by transferring its design, manufacturing, quality assurance, sales and other operations of the power semiconductor business (“businesses to be transferred”) to Hitachi Haramachi Electronics Co., Ltd. through a company split on October 1, 2013, in order to provide a faster response to diversifying customer needs in this business.