Tokyo, January 20, 2012 --- Hitachi, Ltd. (NYSE: HIT / TSE: 6501; “Hitachi”) today announced the outcome of the tender offer (the “Tender Offer”) for shares of Shin-Kobe Electric Machinery Co., Ltd. (TSE: 6934; the “Target Company”) by Hitachi Chemical Co., Ltd. (TSE: 4217; the “Company”), a subsidiary of Hitachi. The Company announced acquiring shares of the Target Company through the Tender Offer on November 25, 2011 and commenced the Tender Offer from December 1, 2011. As the Tender Offer was completed on January 19, 2012, the Company hereby announced the outcome of the Tender Offer as attached.