News Releases

09/04/2008

Annual Hitachi North America Food Drive Collects Over 45,351 Pounds of Food and $52,806 in Fight Against Hunger

--Hitachi Group Companies Have Raised More Than 327,000 Pounds of Food Since Inception of Drive--

WASHINGTON, DC and Tarrytown, New York (September 3, 2008) – The 2008 Annual Hitachi North America Food Drive experienced another banner year by collecting 45,351 pounds of food. This year, 27 Hitachi companies in 50 locations recruited employees and their families to join forces in the fight against hunger.

The food drive, which ran throughout the month of July, stretched across North America. In addition to food, companies raised $52,806. Additionally several Hitachi companies joined in the food drive for the first time.

This year’s efforts represent the ninth consecutive year the food drive has been conducted. Since its inception, Hitachi Group employees have collected more than 327,000 pounds of food and raised in excess of $160,000.

“Our North American Food Drive is a collaborative program that unites Hitachi Group companies across the continent by allowing us all to be community advocates in the fight against hunger,” noted Tadahiko Ishigaki, Chief Executive for the Americas, Hitachi, Ltd.

“As a company we believe in fostering and promoting corporate citizenship in the many communities in which we live and work. Our annual Food Drive is one of the many programs we support during the year underscoring our commitment in helping to improve our society through community outreach.”

The annual food drive reflects the strong partnership between the Hitachi Group companies across North America and The Hitachi Foundation. It was inspired by the Hitachi Community Action Partnership (HCAP), Hitachi’s comprehensive program for employee community engagement. Additionally, a short-form film about how the HCAP works in local communities entitled “Ripple Effect” was recently produced and can be viewed at http://www.hitachi.us/truestories/

The Hitachi Foundation was established as an independent nonprofit philanthropic organization by Hitachi, Ltd. in 1985.   The Foundation’s broad purpose is to enhance the well-being of economically and socially isolated people throughout the United States. For additional information about The Hitachi Foundation, visit the Foundation’s web site at www.hitachifoundation.org.

Hitachi, Ltd., (NYSE: HIT / TSE: 6501) headquartered in Tokyo, Japan, is a leading global electronics company with approximately 390,000 employees worldwide. Fiscal 2007 (ended March 31, 2008) consolidated revenues totaled 11,226 billion yen ($112.2 billion). The company offers a wide range of systems, products and services in market sectors including information systems, electronic devices, power and industrial systems, consumer products, materials and financial services. For more information on Hitachi, please visit the company’s website at www.hitachi.com.