News Releases from Headquarters


Start Business Operations of Hitachi Information Systems (Shanghai) Co., Ltd.

    Hitachi Information Systems (Shanghai) Co., Ltd., (Chairman: Mr. Yasuhiro Moriuchi) headquartered in Shanghai, China (herein called by HISS), which was established jointly by Hitachi, Ltd. (President and Director: Mr. Etsuhiko Shoyama) headquartered in Tokyo, Japan and Hitachi (China), Ltd., started its business operations in March 1st, 2002.
    HISS is expected to expand the scale of Hitachi's IT business in China by using information technology widely provided in Japanese market as one of Hitachi Group's members.
    HISS will provide ERP (iBaanERP), SCM, CRM and other IT solutions to affiliates of Japanese companies and other foreign based companies, as well as to Chinese companies making global business operations. HISS will establish the offices in Beijing and Shenzhen soon.
    We will have the opening ceremony with all the parties concerned in Shanghai today.

About Hitachi Information Systems (Shanghai) Co., Ltd.


US$ 2.5 million
Capital Percentage : Hitachi, Ltd. owning 90% & Hitachi (China), Ltd. owning 10%
Sales (Estimated) : Approximately US$ 2.8 million in 2002,
rising to approximately US$ 30 million in 2006
Head Office : Shanghai (Beijing Branch, Shenzhen Branch)
Employees(Estimated) : Approximately 50 in 2002, increasing to approximately 250 in 2006
Business : Systems Integration (ERP, SCM, CRM)


Information contained in this news release is current as of the date of the press announcement, but may be subject to change without prior notice.

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