Message from the President and CEO

Message from the President and CEO

The Hitachi Chemical Group will focus on expanding its businesses through growth strategies based on the two pillars of expanding global operations as well as creating new products and developing new businesses. Furthermore, we will strive to improve its corporate value.

I am deeply grateful that you, our shareholders, continue to give particular consideration to our company. I would also like to express my sincerest condolences to those people who have suffered as a result of the Great East Japan Earthquake. I am praying for the quick recovery of the affected regions.

The Group is currently advancing growth strategies based on the two pillars of expanding global operations as well as creating new products and developing new businesses in accordance with its medium-term management plan for the three-year period that began in April 2010. Although the Great East Japan Earthquake occurred in March 2011, at the end of fiscal 2010, we were able to achieve gains in both net sales and operating income as a result of initiatives that we implemented throughout the year. These initiatives included working to create new products and develop new businesses while focusing management resources on growth fields, as well as taking steps to strengthen overseas operations. Going forward, we will continue to advance these growth strategies and target improved corporate value.

I am deeply grateful that you, our shareholders, continue to give particular consideration to our company.