(e 153rd Business Term) From April 1, 2021 to March 31, 20226-6, Marunouchi 1-chome, Chiyoda-ku, TokyoAnnual Securities Report ("Yukashoken Hokokusho")Article 24, Paragraph 1 of the Financial Instruments and Exchange Act of JapanDirector, Kanto Local Finance BureauThe 153rd Business Term (from April 1, 2021 to March 31, 2022)Keiji Kojima, President & CEO6-6, Marunouchi 1-chome, Chiyoda-ku, TokyoTakahiro Yamada, Manager, Legal Division6-6, Marunouchi 1-chome, Chiyoda-ku, TokyoTakahiro Yamada, Manager, Legal Division(2-1, Nihombashi Kabutocho, Chuo-ku, Tokyo)(8-20, Sakae 3-chome, Naka-ku, Nagoya)This is an English translation of the Annual Securities Report filed with the Director of the Kanto Local Finance Bureau via Electronic Disclosure for Investors' NETwork ("EDINET") pursuant to the Financial Instruments and Exchange Act of Japan with some contents including cover page, table of contents and URL of the reference information.Certain information in "Part I. Information on the Company --II. Business Overview --2 Risk Factors --Risks Related to Our American Depositary Shares" is only included in this English translation of the Annual Securities Report for ADSs holders and not included in the original report.Certain information in "Part I. Information on the Company --V. Financial Information" in this document incorporates financial statements prepared in conformity with the International Financial Report Standards ("IFRS") as issued by the International Accounting Standards Board and independent auditor's report instead of the English translation of the Annual Securities Report.The translation of the Internal Control Report, the Independent Auditors' Report and the Confirmation Letter for the original Annual Securities Report are included at the end of this document.In this document, the terms "we," "us," "our" and "Hitachi" refer to Hitachi, Ltd. and consolidated subsidiaries or, as the context may require, Hitachi, Ltd. on a non-consolidated basis and the term "the Company" refers to Hitachi, Ltd. on a non-consolidated basis.Unless otherwise stated, in this document, where we present information in millions or hundreds of millions of yen, we have truncated amounts of less than one million or one hundred million, as the case may be. Accordingly, the total of figures presented in columns We have rounded all percentages to the nearest percent, one-tenth of one percent or one-hundredth of one percent, as the case may be.References in this document to the "Financial Instruments and Exchange Act" are to the Financial Instruments and Exchange Act of Japan and other laws and regulations amending and / or supplementing the Financial Instruments and Exchange Act of Japan.References in this document to the "Companies Act" are to the Companies Act of Japan and other laws and regulations amending and / or supplementing the Companies Act of Japan.Part I Information on the Company1. Key Financial Data. ………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………2. History ………………………………………………………………………………………………3. Description of Business .. …………………………………………………………………………4. Information on Affiliates …………………………………………………………………………5. Employees .. …………………………………………………………………………………………1. Management Policy, Economic Environment and Challenges Hitachi Group Faces ………………2. Risk Factors ………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………3. Management's Discussion and Analysis of Consolidated Financial Condition,Results of Operations and Cash Flows ………………………………………………………………4. Material Agreements, etc ... ………………………………………………………………………………5. Research and Development …………………………………………………………………………1. Summary of Capital Investment, etc. ……………………………………………………………………2. Major Property, Plants and Equipment .. ………………………………………………………………3. Plans for Capital Investment, Disposals of Property, Plants and Equipment, etc. ………………1. Information on the Company's Stock, etc. …………………………………………………………(1) Total number of shares, etc. .. ……………………………………………………………………(2) Information on the stock acquisition rights, etc. .. ……………………………………………………(3) Information on moving strike convertible bonds, etc. ………………………………………………(4) Changes in the total number of issued shares and the amount of common stock and other…(5) Shareholders composition …………………………………………………………………………(6) Major shareholders ……………………………………………………………………………………(7) Information on voting rights. …………………………………………………………………………2. Information on Acquisition, etc. of Treasury Stock ... ……………………………………………………3. Dividend Policy .. ……………………………………………………………………………………4. Corporate Governance, etc. ………………………………………………………………………………(1) Corporate Governance .. ………………………………………………………………………………(2) Directors and Senior Management .. ………………………………………………………………(3) Audit .………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………(4) Compensation to Directors and Executive Officers. ………………………………………………VI. Stock-Related Administration for the Company ... ………………………………………… 108VII. Reference Information on the Company. …………………………………………………… 109Part II Information on Guarantors, etc. for the Company[Consolidated Financial Statements] .. ………………………………………………………………………… F-1Consolidated Financial Statements. ... ………………………………………………………………Reports of Independent Registered Public Accounting Firm .... …………………………………… F-81[Internal Control Report (Translation)] .. …………………………………………………………………… A-1[Independent Auditors' Report (Translation)] ... ……………………………………………………………… A-3[Confirmation Letter (Translation)] ... ………………………………………………………………………… A-9Part I Information on the CompanyI. Overview of the Company(Millions of yen, unless otherwise stated)Net cash provided by operatingNet cash used in investingNet cash provided by (used in)Cash and cash equivalents at(Notes) 1. Our consolidated financial statements have been prepared in conformity with IFRS.(2) Financial data etc. of the Company(Millions of yen, unless otherwise stated)Number of issued shares (thousands)Net assets per share (yen)[Of the above, interim dividends perNet income per share, basic (yen)Net income per share, diluted (yen)(Notes) 1. On October 1, 2018, the Company completed the share consolidation of every five shares into one share for its common stock. The figures for net assets per share and net income per share, basic and diluted, are calculated on the assumption that the Company conducted this share consolidation at the beginning of the 149th business term.Hitachi Ltd. published this content on 14 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 July 2022 07:23:03 UTC.