Hitachi, Ltd. (NYSE:HIT / TSE: 6501, "Hitachi"), Toshiba Corporation (TSE: 6502, "Toshiba"), Matsushita Electric Industrial Co., Ltd. (NYSE: MC / TSE: 6752, "Matsushita") and wholly owned Hitachi subsidiary Hitachi Displays, Ltd.

Financial Results for the Half Year Ended September 30, 2004.

Hitachi, Ltd. (NYSE:HIT / TSE:6501) President and Chief Executive Officer Etsuhiko Shoyama today made a speech entitled "Hitachi's Global Alliance Strategy and Agile Management" at Shanghai Forum 2004 International Entrepreneurs in Shanghai, China. The event was hosted by the Shanghai Municipal Economic Commission.

Hitachi, Ltd. (NYSE:HIT / TSE:6501), has succeeded in 40 Gbit/s optical transmission using 16-level per symbol multi-level modulation, the highest number of signal levels per symbol in high speed optical transmission to be reported to date, for application in next generation trunk line (inter-city) and metropolitan (intra-city) optical fiber networks.

Hitachi Asia Ltd., a subsidiary of Hitachi, Ltd., established in Singapore in 1989, operates across seven Asian countries (India, Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam).

Hitachi, Ltd. (NYSE:HIT / TSE:6501 / 'Hitachi') today announced a new business strategy for China with the aim of achieving a high, double-digit annual growth rate heading into fiscal 2006, ending March 31, 2007.

Tokyo, October 1st 2004- Hitachi, Ltd. (Hitachi) and NEC Corporation (NEC) today announced the establishment of a new joint venture company, ALAXALA Networks Corporation (ALAXALA), which specializes in the business of backbone routers/switches for networks of telecommunications carriers, government/public sectors and large corporations based on the agreement signed on June 25th 2004.

Hitachi, Ltd. (NYSE: HIT / TSE: 6501, the "Company") today announced that the conditions of stock acquisition rights as stock options, resolved at the meeting of Board of Directors held September 24, 2004 in accordance with the resolution at the 135th Ordinary General Meeting of Shareholders held June 24, 2004, have been decided on as follows.

Hitachi, Ltd. (NYSE: HIT / TSE: 6501, the "Company") today announced that the details of stock acquisition rights to be issued as stock options, resolved at the 135th Ordinary General Meeting of Shareholders held June 24, 2004, have been decided on as follows.

Hitachi, Ltd. (TSE: 6501 / NYSE:HIT), headquartered in Tokyo, Japan, is a leading global electronics company, with approximately 326,000 employees worldwide.