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Greetings

President of Hitachi, Ltd. Mr. Kazuo FurukawaKazuo Furukawa
President, Hitachi, Ltd.

2010 will mark Hitachi's centennial. At a time when Japan was focused on achieving rapid modernization through the widespread introduction of technology from Europe and the United States, Namihei Odaira founded Hitachi with the aim of promoting technology developed in Japan. We refer to this founding philosophy as "The Hitachi Spirit," a heritage that lives on, embodied in the words "Harmony," "Sincerity," and "Pioneering spirit." This Hitachi spirit is very important even in this day and age.

The Hitachi Group includes many business divisions and companies, and many technologies, products and solution technologies. Nowhere in the world is there another business group that has such a broad range of diversity. In line with Hitachi's founding philosophy, the Company has used its collective strengths to create a new value concept, named "uVALUE," and inspire the next generation. Only Hitachi is capable of providing uVALUE. Hitachi actualizes our corporate statement "Inspire the Next"(breathe new life into the next era) by combining "the truly collective strengths" of the wide range of businesses, technologies and expertise within the Hitachi Group, to generate the optimal uVALUE for the diverse problems facing customers and society.

Amid the increasing diversification of society, Hitachi's role has become even larger. In today's world, where the Corporate Social Responsibility (CSR) of companies is being questioned, Hitachi achieves further growth by looking back to its origins and impressing anew on the heart and mind of each and every employee the founding philosophy of "contributing to society through technology".

From a number of perspectives, Hitachi is an enterprise with high potential.

On the basis of this potential, by combining the skills and expertise of our employees and the trust Hitachi has won from our customers, there is no doubt that we can lead the world in the creation of new value as well as deliver the top quality to our customers.

Please join us on our journey to the future, and accept our appreciation for your kind and on-going support.

Minoru Tsukada
Vice President and Senior Executive Officer
Chief Executive for China
Hitachi, Ltd.

About Hitachi, Ltd.

Corporate Name Hitachi, Ltd.
(Kabushiki Kaisha Hitachi Seisakusho)
Founded 1910 (Incorporated in 1920)
Principal Office 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, 100-8280 Japan
phone:+81-3-3258-1111
As of March 31, 2006
Common Stock 282,033 million yen
Number of Employees
(Unconsolidated Basis)
41,069
Number of Employees
(Consolidated Basis)
384,444
For the Year Ended March 31, 2006
Revenues
(Unconsolidated Basis)
2,597,496 million yen
Revenues
(Consolidated Basis)
10,247,900 million yen

History of Hitachi, Ltd.

Brand Management

Our vision is
to create richer lives and a better society
by providing products,systems,and services
with a new level of value and potential
based on the latest advances in technology,
especially knowledge and information technology.

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