Hitachi's Diagnostic Imaging-related Business to Split
Tokyo, Japan, 18 December, 2019

Hitachi's Diagnostic Imaging-related Business to Split

Corporate News

Notification of Company Split related to Diagnostic Imaging-related Business and Transfer of Shares of a New Company, and Recognition of Extraordinary Gain on an Unconsolidated Basis and Other Income on a Consolidated Basis for Fiscal Year Ending March 31, 2021

Tokyo, December 18, 2019 – Hitachi, Ltd. (TSE: 6501, “Hitachi”) today announced that it has decided to execute an absorption-type split (the “Company Split”) involving the diagnostic imaging-related business (the “Business”), currently undertaken by Hitachi and its consolidated subsidiaries and affiliate companies, through which the Business will be transferred to a newly established company serving as a successor company (the “New Company”), and transfer all shares in the New Company to FUJIFILM Corporation (TSE: 4901, “Fujifilm”) (such share transfer, the “Share Transfer”) after the Company Split.

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