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| 5.
Financial Results (for the most recent three years) |
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| 6. Changes after share exchanges |
| (1) |
Trade name, business, head-office location:
On October 1, UNISIA JECS will change its corporate name to Hitachi-Unisia Automotive, Ltd. There is no change of the business and a head-office location.
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| (2) |
Capital and Capital Reserve
It has not been decided whether there will be increase in Hitachi's capital and capital reserve.
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| (3) |
Change of the president of UNISIA JECS
Mr. Kouichiro Tohda, currently president of UNISA JECS, will step down and Mr. Katsukuni Hisano, currently senior vice president and director of Hitachi, will become president.
[Mr. Hisano will assume the presidency following the approval of the board of directors at a meeting convened following the ordinary general meeting of the shareholder of UNISIA JECS in June 27, 2002.]
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| 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. |
WRITTEN BY Corporate Communications Division
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