Purpose of She and Him the Tender Offer with regard to
Purpose of reveals band she and him the Tender she and my spells out Offer” with regard to the existence ofan agreement and details thereof between Hitachi and Hitachi Kokusai Electricand/or its directors. (2) Other Information Considered Necessary for Helping Investors Decide Whetherto Subscribe to the Tender OfferHitachi Kokusai Electric submitted its Quarterly Report for the 2nd quarter ofits 85th Business Period on November 13, 2008. A summary of Hitachi KokusaiElectric`s consolidated operating results and other financial information basedon this report is provided in the tables below. 1) Operating Results (Millions of yen)Accounting PeriodFirst Half of 85th Business Period(April 1, 2008 to September 30, 2008)Net sales66,442 Cost of sales52,387 Selling, general and administrative expenses 15,271 Non-operating income 831Non-operating expenses 266Net loss (1,007)Note: Net sales exclude consumption tax, etc. 2) Data per Share (Yen)Accounting Period First Half of 85th Business Period (April 1, 2008 to September 30, 2008)Net loss per share(9.79) Dividend per share9.00 Net assets per share1,044.31Cautionary StatementCertain statements found in this document may constitute “forward-lookingstatements” as defined in the U.S Private Securities Litigation Reform Act of1995.
Such “forward-looking statements” reflect management`s current views withrespect to certain future events and financial performance and include anystatement that does not directly relate to any historical or current fact black hole by she and him . Wordssuch as “anticipate,” “believe,” “expect,” “estimate,” “forecast,” “intend,”"plan,” “project” and similar expressions which indicate future events andtrends may identify “forward-looking statements.” Such statements are based oncurrently available information and are subject to various risks anduncertainties that could cause actual results to differ materially from thoseprojected or implied in the “forward-looking statements” and from historicaltrends she and her She and Him tickets . Certain “forward-looking statements” are based upon current assumptionsof future events which may not prove to be accurate her and him . Undue reliance should notbe placed on “forward-looking statements,” as such statements speak only as ofthe date of this document she and me She and Him concert tickets – wikipedia .
Factors that could cause actual results to differ materially from thoseprojected or implied in any “forward-looking statement” and from historicaltrends include, but are not limited to: ? increased commoditization of information technology products and digitalmedia related products and intensifying price competition for suchproducts, particularly in the Information & Telecommunication Systems segment, Electronic Devices segment and Digital Media & Consumer Productssegment;?fluctuations in product demand and industry capacity, particularly in the Information & Telecommunication Systems segment, Electronic Devices segment and Digital Media & Consumer Products segment; ?uncertainty as to Hitachi`s ability to continue to develop and market products that incorporate new technology on a timely and cost-effective basis and to achieve market acceptance for such products; ?rapid technological innovation, particularly in the Information & Telecommunication Systems segment, Electronic Devices segment and Digital Media & Consumer Products segment; ?exchange rate fluctuation for the yen and other currencies in which Hitachi makes significant sales or in which Hitachi`s assets and liabilities are denominated, particularly against the U.S buy she and him . dollar and the euro; ?increases in the price of raw materials including, without limitation, petroleum and other materials, such as copper, steel, aluminum and synthetic resins; ?uncertainty as to Hitachi`s ability to implement measures to reduce the potential negative impact of fluctuations in product demand, exchange rate fluctuation and/or increases in the price of raw materials; ? general socio-economic and political conditions and the regulatory andtrade environment of Hitachi`s major markets, particularly Japan, Asia, the United States and Europe, including, without limitation, a return tostagnation or a deterioration of the Japanese economy, direct or indirectrestrictions by other nations on imports, or differences in commercialand business customs including, without limitation, contract terms andconditions and labor relations; ?uncertainty as to Hitachi`s access to, or ability to protect, certain intellectual property rights, particularly those related to electronics and data processing technologies; ?uncertainty as to the outcome of litigation, regulatory investigations and other legal proceedings of which the Company, its subsidiaries or its equity method affiliates have become or may become parties; ?the possibility of incurring expenses resulting from any defects in products or services of Hitachi; ?uncertainty as to the success of restructuring efforts to improve management efficiency and to strengthen competitiveness; ?uncertainty as to the success of alliances upon which Hitachi depends, some of which Hitachi may not control, with other corporations in the design and development of certain key products; ?uncertainty as to Hitachi`s ability to access, or access on favorable terms, liquidity or long-term financing; and ?uncertainty as to general market price levels for equity securities in Japan, declines in which may require Hitachi to write down equity securities it holds.The factors listed above are not all-inclusive and are in addition to otherfactors contained in Hitachi`s periodic filings with the U She and Him tickets – sheandhim .S she took him . Securities andExchange Commission and in other materials published by Hitachi she lifted him . Other Cautionary Matters* In accordance with the provisions of the Financial Instruments and ExchangeLaw, Article 167, paragraph 3 and its Enforcement Order, Article 30, anyonehaving read this press release is considered a primary recipient of informationfrom the viewpoint of insider trading regulations she spanked him . We accordingly urge you toexercise due care as you may be prohibited from purchasing the stocks of HitachiKokusai Electric before 12 hours have passed from the time of this announcement She and Him concert tickets .If you are held liable under criminal, civil, or administrative laws for makingsuch a prohibited purchase, we note that Hitachi will assume no responsibilitywhatsoever. * This announcement is a press release announcing the tender offer and has notbeen prepared for the purpose of soliciting an offer to sell stocks.
Ifshareholders wish to make an offer to sell their stocks, they should first readthe Explanatory Document for the tender offer and make their own decision change is hard she and him . Thispress release does not constitute, nor form part of, any offer or invitation tobuy, sell, exchange or otherwise dispose of, or issue, or any solicitation ofany offer to sell or issue, exchange or otherwise dispose of, buy or subscribefor, any securities she felt him . In addition, this press release does not constitute, orform part of, any offer or invitation to sell, or any solicitation of any offerto purchase any securities in any jurisdiction, nor shall it (or any part of it)or the fact of its distribution form the basis of or be relied on in connectionwith, any contract therefore me and him . * This press release contains certain forward-looking statements based on theCompany`s Management`s current view of future business developments that mayoccur upon successful completion of the tender offer she girl . Various factors may causeactual results to differ materially from the forward-looking statements. * The tender offer is not being made, directly or indirectly, in or into theUnited States, or by the use of the mails, or by any other means orinstrumentality (including, but not limited to, telephones, telexes, facsimiletransmissions, e-mails and internet communications) of interstate or foreigncommerce, or by any facility of a national securities exchange of the UnitedStates of America. Accordingly, copies of offering documents are not being, andmust not be, mailed or otherwise be forwarded, transmitted, distributed or sentin, into or from the United States of America.
No person may apply for thistender offer by the use of such means or instrumentality or of such facility, orfrom the United States of America . Any purported application of the tender offerresulting directly or indirectly from a violation of these restrictions will notbe accepted my she . No securities or other consideration is being solicited in theUnited States and if sent in response by a resident of the United States ofAmerica will not be accepted she legs . * Some countries or regions may impose restrictions on the announcement, issueor distribution of this press release .
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