To Our Shareholders and Investors

Allow me first to thank our shareholders and investors for their continued and tremendous support of Hitachi High-Technologies Corporation.

This October, the Hitachi High-Technologies Group celebrates its 10th anniversary, a milestone that marks the beginning of a new start for the Group. Although shaken by the devastation caused by the Great East Japan Earthquake, our business performance in the fiscal year ended March 31, 2011 strongly proved that our completed business structural reforms have put us on track for a V-shaped recovery. We will continue to embed initiatives focused on future business development and further accelerate our growth strategies.

Until now, we have developed business globally by striving to fulfill our corporate vision to consistently aim to be the Global Top in high-tech solutions. We have done this as a unique high-technology company integrating both trading and manufacturing functions to "lead the way for our customers' future as a fast moving creator." We believe that this is the key to sustainable development and growth for the Group.

More than ever, achieving this end will demand that we leverage our capabilities in technology development, manufacturing and services, and global marketing to further enhance Group businesses. It is also essential that we develop new businesses that will become the Group's next generation of core operations.

Our growth as a global company rests on coexistence with our many stakeholders, including our shareholders and investors, business partners, and employees. Through legal and regulatory compliance, awareness of the environment and human rights, continuous improvement of internal control systems such as risk management, thorough information management and appropriate disclosure, we will strive to manage our operations with a strong emphasis on CSR (corporate social responsibility) in order to further improve our corporate governance.

As mentioned earlier, 2011 marks 10 years since the founding of Hitachi High-Technologies. Among our workforce, all eyes are on this momentous occasion. As we move boldly forward with a new commitment to our work, all employees will take pride in being a member of the company and approach work with a new vigor.

Every employee of the Hitachi High-Technologies Group, myself included, will spare no effort to fulfill the expectations of our shareholders and all other stakeholders. We thank you for your continuous support.