Excavator

Additional Assistance in Relation to the Great East Japan Earthquake Devastation: Centering on charge-free lending of Komatsu Group's equipment and facilities

For the Great East Japan Earthquake and tsunami on March 11, 2011, while we, at the Komatsu Group, are working to engage in the maintenance service of construction equipment in operation at the affected areas, we are also offering relief assistance largely in the form of lending our construction equipment, forklift trucks, temporary housing units, power generators and other equipment, all free of charge. Worth JPY1.6 billion, these equipment and facilities are also urgently needed by the concerned municipal governments. 
It is projected that reconstruction of the affected areas will take a long time. We are anticipating that we will continue to receive requests for equipment from the municipal governments. In light of these conditions, we are going to offer additional assistance in a similar form, centering on free-of-charge lending of Komatsu Group's equipment and facilities, worth JPY800 million (total assistance in value: JPY2.4 billion). 
 
We are determined to continue into the future our group-wide assistance aimed at the reconstruction of the affected areas. 
 
[Contents of Additional Assistance] 
·Free-of-charge lending of construction equipment, forklift trucks, temporary housing units, power generators and other products that the Komatsu Group owns. 
·Donation of prefabricated structures. 
·Subsidies for participants who are taking the operation training course for construction equipment, forklift trucks and other heavy machinery offered by the Miyagi Center of Komatsu Safety Training Center Ltd. 
 
[Reference] 
In addition to the above-mentioned assistance centering on free-of-charge lending of equipment owned by the Komatsu Group, we are offering scholarships (total: JPY400 million) to college students in the disaster-devastated regions. 
·Total of JPY200 billion for students of national technical colleges for 10 years. 
<Refer to the news release dated April 15, 2011.> 
http://www.komatsu.com/CompanyInfo/press/2011041813471627222.html 
·Jointly with Rio Tinto, total of JPY400 million for disaster-stricken undergraduate and graduate students enrolled in Tohoku University in Sendai City for 10 years. (JPY200 million provided by Komatsu) 
<Refer to the news release dated June 7, 2011.> 
http://www.komatsu.com/CompanyInfo/press/2011060713281405555.html 
 
Information in the news releases is current on the date of the announcement and is subject to change without notice.

Additional Assistance in Relation to the Great East Japan Earthquake Devastation: Centering on charge-free lending of Komatsu Group's equipment and facilities

For the Great East Japan Earthquake and tsunami on March 11, 2011, while we, at the Komatsu Group, are working to engage in the maintenance...

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SANY SCC4000 Crawler Crane Completes Assembly of Ethiopian Wind Power Project

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CHANGSHA, CHINA, May 25, 2012 - SANY Heavy Industry is pleased to announce that a SANY SCC4000 crawler crane has successfully completed assembly of the final turbine at the Ethiopian Electric Power Company’s ADAMA wind power project. Chinese Ambassador to Ethiopia Xie Xiaoyan and Ethiopian State Finance Minister Ahmed Shide gathered with other leaders to witness the historic moment.</div>
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At noon, ADAMA’s project manager began giving instructions for the operation, and 15 minutes later, the blades docked perfectly with the 1.5-megawatt nacelle. The SANY SCC4000, known as the number one crane in China, used 84 meters of boom with 9 meters of fixed jib to complete the lift.</div>
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Total installed capacity at the 34-turbine site is 51 megawatts, and the project is the first wind farm in Ethiopia to use Chinese technology, equipment and project management. The wind farm is located in the harsh highlands of eastern Africa, where the SANY SCC4000 displayed superb stability and reliability.</div>
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SANY SCC4000 Crawler Crane Completes Assembly of Ethiopian Wind Power Project

CHANGSHA, CHINA, May 25, 2012 - SANY Heavy Industry is pleased to announce that a SANY SCC4000 crawler crane has successfully complet...

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Putzmeister debut Trinity tour Taiyuan Station

Putzmeister debut Trinity tour Taiyuan Station Category: News Date: 2012-05-14• This is the Trinity acquisition of elephants, for the first time jointly participate in the tour• On-site turnover of 300 million yuan, the largest single sale of 120 million Taiyuan, Shanxi, "Dragon and Elephant • Sany 2012 brand experience Day 16 stations. This station, compared to the previous tour to gather more popular, because this exhibition is not only 3 equipment more Putzmeister high-end equipment.According to reports, this is 3 1 acquisition of the German Putzmeister (elephant) after completion of delivery, for the first time jointly participate in the tour. ■ co-exhibitors, open the depth of cooperation April 17, 1 acquisition of an elephant to complete the equity settlement, elephants officially became the Trinity one. April 28, 3 new members in pumping the tour activities of the Division "Dragon and Elephant" Shanxi station officially unveiled. The Hou Xuemei of elephants in China, general manager of sales and elephant Shanxi agents thin Peng Hui also came to the scene.Learned that you can glimpse the presence of one elephant device, Shanxi, more than 800 customers who heard about.According to reports, the elephant carefully chosen star product exhibitors, including a 56 m-Benz chassis, concrete pump trucks and a telescopic belt conveyor car. The pump 56 meters of the elephant is a new product after a lot of field research, developed specifically according to the Chinese conditions and Chinese users' habits.Tour outside the field area, the elephants equipment neatly lined up with three to a variety of concrete machinery and equipment to accept customers throughout the review. White and red and white appearance and a full range of products pavilions. Opponents now have to become intimate brothers stand together, causing the stop onlookers crowded site.According to reports, Shanxi station is one elephant for the first time jointly participate in the tour, to achieve a true sense of the "Dragon and Elephant". The move also marks the cooperation between the two sides will enter a new phase, the future in technology research and development, marketing channels, brand building, and elephants will be a multi-level, comprehensive, more closely linked.  ■ site turnover of 300 million yuan With the warmer weather, Shanxi started construction of the horn sounded gradually. Shanxi is a tradition of strong regional Sany, over the years, impressive. Virtue of superior quality and exceed customer expectations of service, a here firmly establish the brand image of high quality pumping products to an absolute advantage for many years to maintain the market share of industry; elephant leading technology throughout the worldmarketing network and a long history of the brand is also quite a reputation.It is reported that after a detailed understanding of the strategic objectives of the Trinity and elephants for future cooperation and implementation of strategies, many Shanxi customers have expressed the intention to buy.At the event, the number of units and one 3 Shanxi agents signed a purchase agreement, a total sales of 300 million yuan. Shanxi, a total of procurement mixing station four sets of pump 10, car pump, mixer 100, a procurement totaling 120 million yuan, the highest this year, most of the tour single purchase amount."Some years ago, we started the Trinity, when company size is not that great. I am grateful to Trinity, is the one to help my company has grown." Said the chairman of the company. At the same time, he believes, "Dragon and Elephant", and an elephant sales channels, service resources, the integration of leading-edge technology will provide users with new technology and product experience. (Chenxi Min Qi ocean)

Putzmeister debut Trinity tour Taiyuan Station

Putzmeister debut Trinity tour Taiyuan Station Category: News Date: 2012-05-14 • This is the Trinity acquisition of elephants, for the first...

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Hitachi Announces Progress of “2012 Mid-term Management Plan”

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Tokyo, May 10, 2012 --- Hitachi, Ltd. (TSE:6501) today announced a progress of its management plan “2012 Mid-term Management Plan” to promote "Growth
Driven by Social Innovation Business" & "Solid Financial Base".
Summary of progress are below.<o:p></o:p></div>
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Key Message of Today’s Announcement<o:p></o:p></div>
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(1) In FY2012, which is the final year of the Mid-term Management Plan, the
company expects to meet goals; such as operating income (ratio), net
earnings attributable to Hitachi, Ltd., the D/E ratio, and the shareholders’
equity ratio.<o:p></o:p></div>
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(Revenues are expected to fall below original targets due in part to the small-to medium-sized display business, etc.)<o:p></o:p></div>
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(2) The company will continue to promote management measures aimed at achieving growth in the global market with a focus on the Social Innovation Business.<o:p></o:p></div>
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(3) Through the continued execution of growth strategies, cost structure reforms,
and business model innovations, Hitachi will strive to become a global major
player that responds to global needs through the Social Innovation Business.<o:p></o:p></div>
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1. Progress Overview<o:p></o:p></div>
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(1) FY2011 Results, FY2012 Forecasts and Targets<o:p></o:p></div>
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FY2011 Results<o:p></o:p></div>
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FY2012 Forecast(*1)<o:p></o:p></div>
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FY2012 Target(*2)<o:p></o:p></div>
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Revenues<o:p></o:p></div>
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9,665.8<o:p></o:p></div>
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billion yen<o:p></o:p></div>
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9,100.0<o:p></o:p></div>
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billion yen<o:p></o:p></div>
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10,000<o:p></o:p></div>
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billion yen<o:p></o:p></div>
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Operating income<o:p></o:p></div>
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(ratio)<o:p></o:p></div>
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412.2 billion yen<o:p></o:p></div>
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(4.3%)<o:p></o:p></div>
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(5.3%)<o:p></o:p></div>
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(Over 5%)<o:p></o:p></div>
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Net income attributable<o:p></o:p></div>
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to Hitachi, Ltd.<o:p></o:p></div>
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347.1 billion yen<o:p></o:p></div>
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<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 21.7pt; margin-right: -1pt; margin-top: 0cm;">
200.0 billion yen<o:p></o:p></div>
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Consistently generate at least<o:p></o:p></div>
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200 billion yen<o:p></o:p></div>
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D/E ratio(*3)<o:p></o:p></div>
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0.86 times (Manufacturing, Services and Others:<o:p></o:p></div>
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0.56 times)<o:p></o:p></div>
</td>
 <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 72.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 120.6pt;" valign="top" width="161">
 <div align="right" class="MsoNormal" style="line-height: 147%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 7.65pt; margin-right: 4.5pt; margin-top: 2.0pt; text-align: right; text-indent: 46.2pt;">
0.80 times (Manufacturing, Services and
  Others:<o:p></o:p></div>
<div align="right" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 0cm; margin-right: 4.6pt; margin-top: 1.15pt; text-align: right;">
0.50  times)<o:p></o:p></div>
</td>
 <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 72.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 112.3pt;" valign="top" width="150">
 <div class="MsoNormal" style="line-height: 9.5pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .5pt; mso-line-height-rule: exactly;">
 </div>
<div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;">
 </div>
<div class="MsoNormal" style="line-height: 130%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 73.3pt; margin-right: 2.5pt; margin-top: 0cm; text-indent: -34.1pt;">
0.8 times or
 below<o:p></o:p></div>
</td>
 </tr>
<tr style="height: 72.5pt; mso-height-rule: exactly; mso-yfti-irow: 5; mso-yfti-lastrow: yes;">
 <td style="border-top: none; border: solid black 1.0pt; height: 72.5pt; mso-border-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 4.0cm;" valign="top" width="151">
 <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: 1.0pt; mso-line-height-rule: exactly;">
 </div>
<div class="MsoNormal" style="line-height: 130%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 5.1pt; margin-right: 4.4pt; margin-top: 0cm;">
Total Hitachi, Ltd. Stockholders’
 equity ratio<o:p></o:p></div>
</td>
 <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 72.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 4.0cm;" valign="top" width="151">
 <div align="right" class="MsoNormal" style="line-height: 147%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 5.0pt; margin-right: 4.35pt; margin-top: 2.0pt; text-align: right; text-indent: 65.05pt;">
18.8% (Manufacturing, Services and Others:<o:p></o:p></div>
<div align="right" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 0cm; margin-right: 4.6pt; margin-top: 1.15pt; text-align: right;">
20.5%)<o:p></o:p></div>
</td>
 <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 72.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 120.6pt;" valign="top" width="161">
 <div align="right" class="MsoNormal" style="line-height: 147%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 12.1pt; margin-right: 4.5pt; margin-top: 2.0pt; text-align: right; text-indent: 65.05pt;">
20.0% (Manufacturing, Services and Others:<o:p></o:p></div>
<div align="right" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 0cm; margin-right: 4.75pt; margin-top: 1.15pt; text-align: right;">
22.0%)<o:p></o:p></div>
</td>
 <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 72.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 112.3pt;" valign="top" width="150">
 <div class="MsoNormal" style="line-height: 8.5pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .5pt; mso-line-height-rule: exactly;">
 </div>
<div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;">
 </div>
<div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;">
 </div>
<div align="right" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 0cm; margin-right: 4.6pt; margin-top: 0cm; text-align: right;">
20%<o:p></o:p></div>
</td>
 </tr>
</tbody></table>
<div class="MsoNormal" style="line-height: 11.3pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 20.5pt; margin-right: -1.0pt; margin-top: 0cm; mso-line-height-rule: exactly;">
*1 As of June 9 , 2011 (includes impact of HDD business transfer).<o:p></o:p></div>
<div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 29.55pt; margin-right: 136.65pt; margin-top: 0cm; text-align: center;">
Exchange ratio: 80 yen to the U.S. dollar and 110 yen to the euro.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 20.5pt; margin-right: -1pt; margin-top: 0cm;">
*2 Exchange ratio: 75 yen to the U.S. dollar    and 100 yen to the euro.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 31.3pt; margin-right: 94.5pt; margin-top: 0cm; text-indent: -10.8pt;">
*3 Including non-controlling interests, and also including liabilities associated with the consolidation of securitized entities.<o:p></o:p></div>
<div class="MsoNormal" style="line-height: 6.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;">
 </div>
<div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;">
 </div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 18.9pt; margin-right: -1pt; margin-top: 0cm;">
2. Outlook of the overseas sales ratio<o:p></o:p></div>
<div class="MsoNormal" style="line-height: 18.75pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 18.2pt; margin-right: -1.0pt; margin-top: 0cm; mso-line-height-rule: exactly;">
(1) Overseas sales ratio<span lang="EN-US" style="font-family: "Adobe 黑体 Std R","sans-serif"; font-size: 12.0pt; mso-bidi-font-family: "Adobe 黑体 Std R"; mso-fareast-font-family: "Adobe 黑体 Std R"; mso-font-width: 49%; mso-text-raise: -.5pt; position: relative; top: .5pt;">：<o:p></o:p></div>
<div class="MsoNormal" style="line-height: 17.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 18.2pt; margin-right: 181.3pt; margin-top: 1.05pt; text-indent: 18.25pt;">
FY2010 results: 41%(*4) → FY2012 forecast: 43% (2) Staff composition<o:p></o:p></div>
<div class="MsoNormal" style="line-height: 2.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .1pt; mso-line-height-rule: exactly;">
 </div>
<table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="border-collapse: collapse; margin-left: 19.7pt; mso-padding-alt: 0cm 0cm 0cm 0cm; mso-table-layout-alt: fixed; mso-yfti-tbllook: 480;">
 <tbody>
<tr style="height: 18.6pt; mso-height-rule: exactly; mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
 <td style="border: solid black 1.0pt; height: 18.6pt; mso-border-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 191.4pt;" valign="top" width="255">
 <div class="MsoNormal">
 </div>
</td>
 <td style="border-left: none; border: solid black 1.0pt; height: 18.6pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 123.95pt;" valign="top" width="165">
 <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 11.25pt; margin-right: -1pt; margin-top: 0.35pt;">
FY2010 Results(*4)<o:p></o:p></div>
</td>
 <td style="border-left: none; border: solid black 1.0pt; height: 18.6pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 124.05pt;" valign="top" width="165">
 <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 15.1pt; margin-right: -1pt; margin-top: 2.1pt;">
FY2012 Forecast<o:p></o:p></div>
</td>
 </tr>
<tr style="height: 18.5pt; mso-height-rule: exactly; mso-yfti-irow: 1;">
 <td style="border-top: none; border: solid black 1.0pt; height: 18.5pt; mso-border-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 191.4pt;" valign="top" width="255">
 <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 60.45pt; margin-right: -1pt; margin-top: 2pt;">
Head count in 
 Japan<o:p></o:p></div>
</td>
 <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 18.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 123.95pt;" valign="top" width="165">
 <div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 46.65pt; margin-right: 45.75pt; margin-top: 2pt; text-align: center;">
212k<o:p></o:p></div>
</td>
 <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 18.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 124.05pt;" valign="top" width="165">
 <div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 46.65pt; margin-right: 45.9pt; margin-top: 2pt; text-align: center;">
212k<o:p></o:p></div>
</td>
 </tr>
<tr style="height: 36.5pt; mso-height-rule: exactly; mso-yfti-irow: 2;">
 <td style="border-top: none; border: solid black 1.0pt; height: 36.5pt; mso-border-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 191.4pt;" valign="top" width="255">
 <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 59.85pt; margin-right: -1pt; margin-top: 2pt;">
Head count overseas<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 96.3pt; margin-right: -1pt; margin-top: 4.2pt;">
(overseas ratio)<o:p></o:p></div>
</td>
 <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 36.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 123.95pt;" valign="top" width="165">
 <div class="MsoNormal" style="line-height: 11.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;">
 </div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 30.55pt; margin-right: -1pt; margin-top: 0cm;">
100k (32%)<o:p></o:p></div>
</td>
 <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 36.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 124.05pt;" valign="top" width="165">
 <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .75pt; mso-line-height-rule: exactly;">
 </div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 30.7pt; margin-right: -1pt; margin-top: 0cm;">
125k (37%)<o:p></o:p></div>
</td>
 </tr>
<tr style="height: 18.5pt; mso-height-rule: exactly; mso-yfti-irow: 3; mso-yfti-lastrow: yes;">
 <td style="border-top: none; border: solid black 1.0pt; height: 18.5pt; mso-border-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 191.4pt;" valign="top" width="255">
 <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 82.9pt; margin-right: -1pt; margin-top: 2pt;">
Total Head count<o:p></o:p></div>
</td>
 <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 18.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 123.95pt;" valign="top" width="165">
 <div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 46.65pt; margin-right: 45.75pt; margin-top: 2pt; text-align: center;">
312k<o:p></o:p></div>
</td>
 <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 18.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 124.05pt;" valign="top" width="165">
 <div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 46.65pt; margin-right: 45.9pt; margin-top: 2pt; text-align: center;">
337k<o:p></o:p></div>
</td>
 </tr>
</tbody></table>
<div class="MsoNormal" style="line-height: 10.8pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 21.65pt; margin-right: -1.0pt; margin-top: 0cm; mso-line-height-rule: exactly;">
*4 Includes impacts of transfer of small- to medium-sized display business and HDD business<o:p></o:p></div>
<div class="MsoNormal" style="line-height: 6.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .15pt; mso-line-height-rule: exactly;">
 </div>
<div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;">
 </div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 6.1pt; margin-right: -1pt; margin-top: 0cm;">
3. Global Expansion for the Social Innovation Business<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 18.2pt; margin-right: -1pt; margin-top: 4.05pt;">
(1) Establish 5-Group Structure<o:p></o:p></div>
<div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 28.55pt; margin-right: 48.4pt; margin-top: 4.2pt; text-align: center;">
1) Reform management structures using market needs as
the
starting point<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 42.55pt; margin-right: -1pt; margin-top: 4.2pt;">
- Create new businesses and technologies from a customer perspective<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 42.55pt; margin-right: -1pt; margin-top: 4.2pt;">
- Anticipate changes in the market and the competition<o:p></o:p></div>
</div>
<span lang="EN-US" style="font-family: "Calibri","sans-serif"; font-size: 11.0pt; line-height: 115%; mso-ansi-language: EN-US; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-language: AR-SA; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: 宋体; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-fareast; mso-hansi-theme-font: minor-latin;">

<div class="MsoNormal" style="line-height: 5.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .25pt; mso-line-height-rule: exactly;">
 </div>
<div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;">
 </div>
<div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;">
 </div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 29.45pt; margin-right: -1pt; margin-top: 1.45pt;">
2) Create new businesses through the fusion of IT and
social infrastructures<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 41.55pt; margin-right: -1pt; margin-top: 4.2pt;">
- Business proposals for growth regions and industries<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 41.55pt; margin-right: -1pt; margin-top: 4.2pt;">
- Create new businesses, including new services<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 17.2pt; margin-right: -1pt; margin-top: 4.2pt;">
(2) Expand the Social Innovation Business<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 29.45pt; margin-right: -1pt; margin-top: 4.2pt;">
1) Global expansion for the smart city business with
demonstration models<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 29.45pt; margin-right: -1pt; margin-top: 4.2pt;">
2) Global growth in response to market needs in Infrastructure Systems Field<o:p></o:p></div>
<div class="MsoNormal" style="line-height: 130%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 41.55pt; margin-right: 20.35pt; margin-top: 4.2pt; text-indent: -12.1pt;">
3) Global business expansion through the usage of Big Data technologies
in Information & Telecommunication Systems Field<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 29.45pt; margin-right: -1pt; margin-top: 0.1pt;">
4) Accelerate global expansion of business in Power Systems Field<o:p></o:p></div>
<div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;">
 </div>
<div class="MsoNormal" style="line-height: 12.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .3pt; mso-line-height-rule: exactly;">
 </div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 5.1pt; margin-right: -1pt; margin-top: 0cm;">
4. Strengthening the Management Base and Global Growth Strategies<o:p></o:p></div>
<div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 15.3pt; margin-right: 210.8pt; margin-top: 4.05pt; text-align: center;">
(1) Strengthening the management base<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 29.45pt; margin-right: -1pt; margin-top: 4.2pt;">
1) Implement cost structure reforms<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 41.55pt; margin-right: -1pt; margin-top: 4.2pt;">
- Execute “the Hitachi Smart Transformation Project”<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 29.45pt; margin-right: -1pt; margin-top: 4.2pt;">
2) Strengthen the financial position<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 41.55pt; margin-right: -1pt; margin-top: 4.2pt;">
- Improve profitability and strengthen the financial position<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 41.55pt; margin-right: -1pt; margin-top: 4.2pt;">
- Focus management resources<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 17.2pt; margin-right: -1pt; margin-top: 4.2pt;">
(2) Global Growth Strategies<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 29.45pt; margin-right: -1pt; margin-top: 4.2pt;">
1) Expand investments targeting key regions<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 41.9pt; margin-right: -1pt; margin-top: 4.2pt;">
- Globalize corporate functions and implement the<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 47.9pt; margin-right: -1pt; margin-top: 4.2pt;">
“China Business Strategy 2015”<o:p></o:p></div>
<div class="MsoNormal" style="line-height: 130%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 48.5pt; margin-right: 7.0pt; margin-top: 4.2pt; text-indent: -6.1pt;">
- Expand business in the ASEAN region, which is a
new
key target region for Hitachi, and
start up business in Myanmar<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 29.45pt; margin-right: -1pt; margin-top: 0.1pt;">
2) Optimum and borderless use for human resources to increase efficiency<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 41.55pt; margin-right: -1pt; margin-top: 4.2pt;">
- Develop Global Human Resources Strategies<o:p></o:p></div>
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- Start Global Management Development Program, staffing / training /<o:p></o:p></div>
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job rotation in FY2012<o:p></o:p></div>
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3) Strengthening global governance<o:p></o:p></div>
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- Responding to globalized management and strengthening supervisory
functions<o:p></o:p></div>
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4) Value Creation and CSR<o:p></o:p></div>
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- Promote contributions to the environment and regional social contribution activities<o:p></o:p></div>
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- Emphasize respect for human rights and
promote dialogues with
stakeholders<o:p></o:p></div>
</div>
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5. As a Global Major Player<o:p></o:p></div>
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(1) Execute growth strategies: Focus on key businesses and regions<o:p></o:p></div>
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(2) Cost structure reforms: Execute the Hitachi Smart Transformation Project<o:p></o:p></div>
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(3) Business model innovations: Organize structure to compete
in the global arena<o:p></o:p></div>
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(4) Human Resources strategies: Optimum and global use for human resources<o:p></o:p></div>
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(5) A company that grows with the region: Make social contributions and demonstrate respect for diversity<o:p></o:p></div>
</div>
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Cautionary Statement<o:p></o:p></div>
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Certain statements found in this document
may constitute “forward-looking statements” as defined in the U.S.
Private Securities Litigation Reform Act of 1995.
Such “forward-looking statements” reflect management’s current
views with respect
to certain future events and
financial
 performance  and  include
 any  statement  that  does
 not  directly  relate
 to  any
historical or current fact.
Words such as “anticipate,” “believe,” “expect,” “estimate,” “forecast,” “intend,” “plan,” “project” and similar expressions which indicate future events and trends may
identify “forward-looking statements.” Such statements are based on
currently available information and are subject to various risks and uncertainties that could
cause 
 actual   results   to   differ   materially   from   those 
 projected   or   implied   in   the
“forward-looking  statements”  and
 from  historical
 trends.  Certain
 “forward-looking statements” are based upon current assumptions of future events which may not prove to
be accurate. Undue reliance should not
be placed on “forward-looking statements,” as such statements speak only as of the date of this document.<o:p></o:p></div>
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Factors that could cause actual results to differ materially from those projected or implied in
any
“forward-looking statement” and from historical trends include, but are not limited to:<o:p></o:p></div>
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•     economic conditions, including consumer spending and plant and equipment investment in Hitachi’s major markets, particularly Japan, Asia, the United States and
Europe, as well as levels of demand in the major industrial sectors Hitachi serves,
including, without limitation, the information, electronics, automotive, construction and
financial sectors;<o:p></o:p></div>
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•     exchange rate fluctuations of the yen against other currencies in which Hitachi makes
significant sales or in which Hitachi’s assets and liabilities are
denominated, particularly against the U.S. dollar and the euro;<o:p></o:p></div>
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•     uncertainty as to Hitachi’s ability to access, or access on favorable terms, liquidity or
long-term financing;<o:p></o:p></div>
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•     uncertainty as to
general market price levels for equity securities, declines in which may require Hitachi to write down equity securities that it holds;<o:p></o:p></div>
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•    the potential for significant losses on Hitachi’s investments in equity method affiliates;<o:p></o:p></div>
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•     increased commoditization of information technology products and digital media-related products and intensifying price competition for such products, particularly
in the Digital
Media & Consumer Products segments;<o:p></o:p></div>
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•     uncertainty as to Hitachi’s ability to continue to develop and market products that
incorporate new technologies on a timely and cost-effective basis and to achieve market acceptance for such products;<o:p></o:p></div>
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•    rapid technological innovation;<o:p></o:p></div>
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•     the possibility of cost fluctuations during the lifetime of, or cancellation of, long-term
contracts for which Hitachi uses the percentage-of-completion method to recognize revenue from sales;<o:p></o:p></div>
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•     fluctuations in the price of raw materials including, without limitation, petroleum and
other materials, such as copper, steel, aluminum, synthetic resins, rare metals and
rare-earth minerals, or shortages of materials, parts and components;<o:p></o:p></div>
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•    fluctuations in product demand and industry capacity;<o:p></o:p></div>
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•     uncertainty as to Hitachi’s ability to implement measures to reduce the potential
negative impact of fluctuations in product demand, exchange rates and/or price of raw materials or shortages of materials, parts and components;<o:p></o:p></div>
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•     uncertainty as to Hitachi’s ability to achieve the anticipated benefits of its strategy to
strengthen its Social Innovation Business;<o:p></o:p></div>
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•     uncertainty as to the success of restructuring efforts to improve management efficiency by divesting or otherwise exiting underperforming businesses and to strengthen competitiveness and other cost reduction measures;<o:p></o:p></div>
</div>
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Hitachi Announces Progress of “2012 Mid-term Management Plan”

T o k y o , M a y 10 , 20 1 2 -- - H i ta c h i , Ltd . ( T S E : 6501 ) to d a y announ c e d a p r o gr e s s o f i t s ...

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