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Hitachi

Hitachi Information & Telecommunication Engineering, Ltd.

Information contained in this news release is current as of the date of the press announcement, but may be subject to change without prior notice.

Appointment of Name for New Integrated Company
to Run ICT System Engineering Business
and New President

Tokyo, March 8, 2013 – Hitachi, Ltd. (TSE: 6501) and its wholly owned two subsidiaries operating Hitachi's Information & Telecommunication Systems Company related businesses, Hitachi Information & Communication Engineering, Ltd. and Hitachi Computer Peripherals Co., Ltd., today announced the appointment of name for new integrated company to run ICT System Engineering Business, which will be formed by the merger of Hitachi Information & Communication Engineering and Hitachi Computer Peripherals on April 1, 2013, and also announced the appointment of new president.

New Company Name

Hitachi Information & Telecommunication Engineering, Ltd.

Overview of New Company

Headquarters Nishi-ku, Yokohama-shi, Kanagawa
Businesses
  • Development, design, manufacturing, sale and repair of products related to ICT systems such as servers, storage and networks
  • Development, design, manufacturing and sale of ICT equipment, ICT systems, software, and production facilities and equipment, and provision of ancillary services, etc.
Representative Minoru Kosuge, President
Capital Stock 1,000 million yen
Employees Approximately 3,600
Shareholder (Shareholding) Hitachi, Ltd. (100%)

Biography of New President

Minoru Kosuge

Date of Birth February 13, 1958
Education March, 1980 Graduated from Faculty of Engineering,
The University of Tokyo
Business Experience April 2012 President of Hitachi Information & Communication Engineering, Ltd.
April 2010 Chief Operating Officer of Platform Business,
Information & Telecommunication Systems Company, Hitachi, Ltd.
April 2009 President of Hitachi Information & Telecommunication Systems Global Holding Corporation
May 2007 Chief Executive Officer of Hitachi Data Systems Corporation
March 2003 General Manager of Disk Array Systems Division,
Information & Telecommunication Systems Group, Hitachi, Ltd.
April 1980 Joined Hitachi, Ltd.(Odawara Works)

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 320,000 employees worldwide. Fiscal 2011 (ended March 31, 2012) consolidated revenues totaled 9,665 billion yen ($117.8 billion). Hitachi will focus more than ever on the Social Innovation Business, which includes information and telecommunication systems, power systems, environmental, industrial and transportation systems, and social and urban systems, as well as the sophisticated materials and key devices that support them. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.