FOR IMMEDIATE RELEASE
Hitachi Announces Revisions ofFull-Year Business Forecasts for Fiscal 2011
Tokyo, June 9, 2011 --- Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced thefollowing forecasts, which were undecided on May 11, 2011.
1. Revisions of Consolidated Interim Business Forecasts for Fiscal 2011
(From April 1, 2011 to September 30, 2011)(Millions of yen)Previous forecast (A)--Incomebefore income
taxes
--

Net income
attributable toHitachi, Ltd-

Revised forecast (B)4,400,000

80,00055,00020,0000(B)-(A)-----% changeFirst half of fiscal 2010
ended September
30,2010-----

4,502,451

218,048

263,808

204,437

158,049

Revenues

Operatingincome

Net income

2. Revisions of Consolidated Business Forecasts for Fiscal 2011
(From April 1, 2011 to March 31, 2012)

Previous forecast (A)--Incomebefore income
taxes-

Revised forecast (B)9,500,000

400,000(B)-(A)-% change
Fiscal 2010
ended March 31,2011(Millions of yen)-

Net income
attributable toHitachi, Ltd-

410,000

280,000

200,000

-

-

----

-

-

-

9,315,807

444,508432,201

303,126

238,869

Revenues

OperatingincomeNet income

Reasons for Revisions
Hitachi decided not to issue consolidated forecasts for the year ending March 31, 2012 on
May 11 because they were difficult to rationally estimate due to the impact of the Great East
Japan Earthquake. However, Hitachi has issued the forecasts above based on recent
conditions, business performance and other factors.
Cautionary Statement
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 notdirectly 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 tovarious 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-more--2current 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.
Factors that could cause actual results to differ materially from those projected or implied in any “forward-lookingstatement” and from historical trends include, but are not limited to:•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 majorindustrial sectors Hitachi serves, including, without limitation, the information, electronics, automotive,construction and financial sectors;•

exchange rate fluctuations of the yen and 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;•

uncertainty as to Hitachi’s ability to access, or access on favorable terms, liquidity or long-term financing;•

uncertainty as to general market price levels for equity securities in Japan, declines in which may require
Hitachi to write down equity securities that it holds;•the potential for significant losses on Hitachi’s investments in equity method affiliates;•

increased commoditization of information technology products and digital media-related products andintensifying price competition for such products, particularly in the Components & Devices and the DigitalMedia & Consumer Products segments;•

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;•

rapid technological innovation;•

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;•fluctuations in the price of raw materials including, without limitation, petroleum and other materials, such ascopper, steel, aluminum and synthetic resins or shortages of materials, parts and components;•fluctuations in product demand and industry capacity;•uncertainty as to Hitachi’s ability to implement measures to reduce the potential negative impact of fluctuationsin product demand, exchange rates and/or price of raw materials or shortages of materials, parts andcomponents;•

uncertainty as to Hitachi’s ability to achieve the anticipated benefits of its strategy to strengthen its Social
Innovation Business;•uncertainty as to the success of restructuring efforts to improve management efficiency by divesting orotherwise exiting underperforming businesses and to strengthen competitiveness and other cost reductionmeasures;•

general socioeconomic and political conditions and the regulatory and trade environment of countries whereHitachi conducts business, particularly Japan, Asia, the United States and Europe, including, without limitation,
direct or indirect restrictions by other nations on imports and differences in commercial and business customs
including, without limitation, contract terms and conditions and labor relations;•uncertainty as to the success of alliances upon which Hitachi depends, some of which Hitachi may not control,with other corporations in the design and development of certain key products;•uncertainty as to Hitachi’s access to, or ability to protect, certain intellectual property rights, particularly thoserelated to electronics and data processing technologies;•uncertainty as to the outcome of litigation, regulatory investigations and other legal proceedings of which theCompany, its subsidiaries or its equity method affiliates have become or may become parties;•the possibility of incurring expenses resulting from any defects in products or services of Hitachi;•the possibility of disruption of Hitachi’s operations in Japan by earthquakes, tsunamis or other natural disasters,
including the possibility of continuing adverse effects on Hitachi’s operations as a result of the earthquake andtsunami that struck northeastern Japan on March 11, 2011;•uncertainty as to Hitachi’s ability to maintain the integrity of its information systems, as well as Hitachi’s ability
to protect its confidential information or that of its customers;•

uncertainty as to the accuracy of key assumptions Hitachi uses to evaluate its significant employee benefit
related costs; and- more --3•

uncertainty as to Hitachi’s ability to attract and retain skilled personnel.

The factors listed above are not all-inclusive and are in addition to other factors contained in Hitachi’s periodic filings withthe U.S. Securities and Exchange Commission and in other materials published by Hitachi.

About Hitachi, Ltd.
Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan, is a leading global
electronics company with approximately 360,000 employees worldwide. Fiscal 2010
(ended March 31, 2011) consolidated revenues totaled 9,315 billion yen ($112.2 billion).
Hitachi will focus more than ever on the Social Innovation Business, which includes
information and telecommunication systems, power systems, environmental, industrial andtransportation systems, and social and urban systems, as well as the sophisticatedmaterials and key devices that support them. For more information on Hitachi, please visit
the company's website at http://www.hitachi.com.

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