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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.

February 20, 2017

Kojin Nakakita Appointed as Chairman of Hitachi India Pvt. Ltd.

 

Delhi, February 20, 2017 --- Hitachi India Pvt. Ltd. today announced the appointment of Mr. Kojin Nakakita as the Chairman of Hitachi India Pvt. Ltd. He will also concurrently been appointed as Chairman of Hitachi Asia Ltd. The new appointments will be effective from 1st April 2017. Mr. Nakakita will continue to serve as Managing Director of Hitachi India Pvt. Ltd.

He succeeds Mr. Ichiro Iino, who is returning to Japan to assume the post of Vice President and Executive Officer, Hitachi Transport System, Ltd.

"I am honoured to take on the roles of Chairman of Hitachi India Pvt. Ltd.," said Mr. Nakakita. "India is one of the focus areas of growth for Hitachi. In particular, the emerging markets show tremendous potential. I am already working very closely on increasing business opportunities. There is a lot that Hitachi can contribute to improving India's economic growth and quality of life through our Social Innovation Business."

After graduating from the United States International University in 1988, Mr. Nakakita joined Hitachi's Heavy Industry Department, Headquarters Sales Office. He possesses a strong background in social infrastructure business development, particularly in the water treatment, smart cities and heavy industry equipment industries. India presents various challenges and opportunities in these industries. Mr. Nakakita's strong understanding and long experience in these fields will allow him to make decisions to propel Hitachi India and steer the company's infrastructure business in India.

About Hitachi in India

Hitachi started its business in India in the 1930's. With over 25 business bases and over 10,000 employees in India. Presently, Hitachi Group in India is expanding through using its expertise in 'Social Innovation Business', by providing solutions in the areas including information and communication systems, industrial systems like water, oil and gas supply and management, transportation and urban development systems. Together with further localisation, Hitachi aims to contribute to developing a sustainable society in India as well as contributing to the country's economic growth. For more information about the Hitachi Group in India, please visit the website at www.hitachi.co.in.

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society's challenges with our talented team and proven experience in global markets. The company's consolidated revenues for fiscal 2014 (ended March 31, 2015) totaled 9,761 billion yen ($81.3 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes power & infrastructure systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

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