Common use of Outlook Clause in Contracts

Outlook. The impact of the joint venture dissolution on the operating results of the co-parent companies has not been determined. Further announcements will be made immediately if it is clear that there will be a material impact on business result of each of the companies. Company name Hitachi, Ltd. Fuji Electric Co., Ltd. Meidensha Corporation Representative ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, Representative Executive Officer and President ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ President and Representative Director ▇▇▇▇▇ ▇▇▇▇▇▇▇ President Headquarters ▇-▇, ▇▇▇▇▇▇▇▇▇▇ ▇-▇▇▇▇▇, ▇▇▇▇▇▇▇-▇▇, ▇▇▇▇▇ 100-8280 11-2, Osaki ▇-▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇-▇▇, ▇▇▇▇▇ 141-0032 1-1,▇▇▇▇▇ ▇-▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇-▇▇,▇▇▇▇▇ 141-6029 Established February 1st, 1920 August 29th, 1923 June 1st, 1917 Business field Development, manufacture and sales of products and provision of services across 11 segments: Information & Telecommunication Systems, Power Systems, Social Infrastructure & Industrial Systems, Electronic Systems & Equipment, Construction Machinery, High Functional Materials & Components, Automotive Systems, Components & Devices, Digital Media & Consumer Products, Financial Services, Others Development, Manufacture, sales and services of various equipment and systems related to social infrastructure in the industrial, public, energy and transportation sectors, as well as semiconductor devices, photoconductive drums and peripheral imaging devices Development, manufacture and sales of products and provision of services of Social Infrastructure Systems (power apparatus for power generation and T&D, water processing system, etc.) and Industrial Systems (products for industrial systems, vehicle testing systems, logistics supports systems and motor drive systems) and Services (product maintenance and facility management) No. of employees (As of March 31, 2011) (Consolidated) 361,745 (Unconsolidated) 32,926 (Consolidated) 24,562 (Unconsolidated) 819 (Consolidated) 6,994 (Unconsolidated) 3,674