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.
February 27, 2012
Tokyo, February 27, 2012 --- Hitachi, Ltd. ("Hitachi", NYSE:HIT / TSE:6501) today announced that it has settled a lawsuit with Hokuriku Electric Power Company based on the proposal of settlement indicated by the Tokyo District Court. The lawsuit related to a claim for damages by Hokuriku Electric Power for damage to low-pressure turbines of Shika Nuclear Power Station No. 2.
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 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 .
