Oct 1, 2012
Hitachi Chemical Co., Ltd.

Update of Notice Regarding Transfer of Semiconductor Encapsulating Materials Business (Excluding Encapsulating Materials Business for Optical Semiconductors)

Hitachi Chemical Co., Ltd. (Head Office: Tokyo; President & CEO: Kazuyuki Tanaka; hereinafter referred to as "Hitachi Chemical") today announces that Hitachi Chemical acquired the semiconductor encapsulating materials business (excluding encapsulating materials business for optical semiconductors) from Nitto Denko Corporation (Head Office: Osaka; President: Yukio Nagira; hereinafter referred to as "Nitto Denko"), as announced in the press release on April 27, 2012, "Completion of Contract to Transfer (Acquire) a Semiconductor Encapsulating Materials Business (Excluding Encapsulating Materials Business for Optical Semiconductors)." With its transfer, the two Nitto Denko's subsidiaries operating semiconductor encapsulating materials business became Hitachi Chemical's wholly-owned subsidiaries and start their operations.

The Transfer enables Hitachi Chemical to establish a strong market position in the semiconductor encapsulating materials business through adding the new product lines and expanding the sales channels, and realize synergies with other semiconductor related material businesses. As a result, Hitachi Chemical expects growth in sales of the electronics materials business sector.

1. Outline of the two new subsidiaries (As of October 1, 2012)

(1)Company name:Hitachi Chemical Electronics Materials (Kyushu) Co., Ltd. (formerly NITTO ELECTRONICS KYUSYU CORPORATION)
(2)Address:2307-2, Yoshida, Yoshinogari-cho, Kanzaki-gun, Saga, Japan
(3)Name and title of representative:Yorihiro Nakano, President
(4)Business description:Manufacture and sale of semiconductor encapsulating materials, semiconductor mold encapsulating cleaning sheets
(5)Capital:436 million yen
(6)Date of establishment:April 1, 2002
(7)Major shareholders and shareholding ratio:Hitachi Chemical Co., Ltd. 100%
(8)Number of employee:73

(1)Company name:Hitachi Chemical (Selangor) Sdn. Bhd. (formerly NITTO DENKO ELECTRONICS (MALAYSIA) SDN. BHD.)
(2)Address:No. 2, Persiaran Budiman, Seksyen 23, 40300, Shah Alam, Selangor Darul Ehsan, Malaysia
(3)Name and title of representative:Yorihiro Nakano, Managing Director
(4)Business description:Manufacture and sale of semiconductor encapsulating materials
(5)Capital:52,500 thousand Malaysian ringgit
(6)Date of establishment:December 1, 1989
(7)Major shareholders and shareholding ratio:Hitachi Chemical Co., Ltd. 100%
(8)Number of employee:About 320

2. Future outlook
Expected influence of this matter on the business performance and financial position of Hitachi Chemical is minor.

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