Tokyo, February 22, 2013 --- Hitachi, Ltd. (TSE: 6501, "Hitachi") and Hitachi Automotive Systems, Ltd. ("Hitachi Automotive Systems") on December 6, 2012 announced that the two companies agreed that the operations of the Car Information Systems ("CIS") Division of Hitachi Automotive Systems would be transferred to the Information & Telecommunication Systems Company of Hitachi on April 1, 2013 through a corporate split. The purpose of the transfer is to drive expansion and growth of the Hitachi Group's CIS business and optimize the business structure in this field. Having concluded an absorption-type corporate split agreement today, the two companies have announced matters that were undecided in the press release issued on December 6, 2012, as follows. Changes to that press release are underlined.
