Hitachi and Mitsubishi Heavy Industries agree to transfer X Radiation Therapy Equipment Business

Tokyo, August 4, 2016 --- Hitachi, Ltd. ("Hitachi") and Mitsubishi Heavy Industries, Ltd. ("MHI") today announced that they have signed an agreement to transfer MHI's X Radiation Therapy Equipment Business to Hitachi. With this agreement, Hitachi will expand its customer-base and acquire X radiation therapy system technology, and together with its current Particle Beam Therapy Treatment Business, will further strengthen and expand the Radiation Treatment System Business.