Settlement with the European Commission in connection with Investigation into Automotive Parts

January 27, 2016, Tokyo --------- Hitachi, Ltd. (“Hitachi” / TSE: 6501) and Hitachi Automotive Systems, Ltd. (“Hitachi Automotive Systems”) today announced that the companies settled with the European Commission regarding infringements of the EU competition laws relating to sales of alternators and starters to certain of their customers. As part of the settlement, Hitachi and Hitachi Automotive Systems will pay the European Commission a fine of 26.86 million euros (approx. 3.45 billion yen).