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<description>Hitachi Ltd.</description>
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<item><title>OpNext Inc acquires StrataLight Communications Inc (pending)</title><description>US - Opnext Inc (OI), a joint venture between Hitachi Ltd and Clarity Group, definitively agreed to acquire all the outstanding stock of StrataLight Communications Inc, a manufacturer of optical subsystems and advanced dispersion compensation modules, for $###.### mil. The consideration was to consist of $## mil in cash and ##.## mil in OI common shares valued at $###.### mil. The shares were values based on OI's closing stock price of $#.## on July #, the last full trading day prior to the announcement. The transaction was subject to customary closing conditions and regulatory approval.</description><pubDate>7/10/2008 11:43:39 AM</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">68375V</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">86296R</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">433578</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">86296R</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">OpNext Inc</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">StrataLight Communications Inc</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">Hitachi Ltd</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">StrataLight Communications Inc</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/OpNext_Inc_acquires_StrataLight_Communications_Inc-1994576020</link><guid isPermaLink="false">sdc/1994576020</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>1994576020</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2008, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_EXCHANGE><sdc:value>Nasdaq</sdc:value></sdc:a_EXCHANGE><sdc:a_MAINDUSTRY><sdc:value>Metal and Metal Products</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>United States</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Drawing and insulating of nonferrous wire</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>3357</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>NJ</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>New Jersey</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Public</sdc:value></sdc:a_STATUS><sdc:a_TICKER><sdc:value>OPXT</sdc:value></sdc:a_TICKER><sdc:asic_SIC><sdc:value sdc:p="0">3357:Drawing and insulating of nonferrous wire</sdc:value><sdc:value sdc:p="1">3674:Semiconductors and related devices</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value sdc:p="0">3559:Special industry machinery, nec</sdc:value><sdc:value sdc:p="1">3563:Air and gas compressors</sdc:value><sdc:value sdc:p="2">3571:Electronic computers</sdc:value><sdc:value sdc:p="3">3575:Computer terminals</sdc:value><sdc:value sdc:p="4">3577:Computer peripheral equipment, nec</sdc:value><sdc:value sdc:p="5">3585:Refrigeration and heating equipment</sdc:value><sdc:value sdc:p="6">3621:Motors and generators</sdc:value><sdc:value sdc:p="7">3631:Household cooking equipment</sdc:value><sdc:value sdc:p="8">3632:Household refrigerators and home and farm freezers</sdc:value><sdc:value sdc:p="9">3634:Electric housewares and fans</sdc:value><sdc:value sdc:p="10">3651:Household audio and video equipment</sdc:value><sdc:value sdc:p="11">3672:Printed circuit boards</sdc:value><sdc:value sdc:p="12">3674:Semiconductors and related devices</sdc:value><sdc:value sdc:p="13">3695:Magnetic and optical recording media</sdc:value><sdc:value sdc:p="14">5045:Computers and peripheral equipment and software</sdc:value><sdc:value sdc:p="15">5046:Commercial equipment, nec</sdc:value><sdc:value sdc:p="16">5064:Electrical appliances, television and radio sets</sdc:value><sdc:value sdc:p="17">5065:Electronic parts and equipment, nec</sdc:value></sdc:aupsic_SIC><sdc:az_LAW30><sdc:value>Latham &amp; Watkins</sdc:value></sdc:az_LAW30><sdc:b_MAINDUSTRY><sdc:value>Communications Equipment</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>United States</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Communications equipment, nec</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>3669</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>CA</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>California</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Private</sdc:value></sdc:b_STATUS><sdc:c_ACIDGEN><sdc:value>688436003</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Mnfr,whl electn equip</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Mnfr optical subsystems</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value sdc:p="0">Cash</sdc:value><sdc:value sdc:p="1">Common Stock</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Stock</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>1027963001</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>Jul 10 2008</sdc:value></sdc:date_lastupdate><sdc:finbltm_BV><sdc:value>0.00000</sdc:value></sdc:finbltm_BV><sdc:finbltm_CASH><sdc:value>0.00000</sdc:value></sdc:finbltm_CASH><sdc:finbltm_CASHFLOW><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW><sdc:finbltm_CASHFLOW1><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW1><sdc:finbltm_CASHFLOW2><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW2><sdc:finbltm_CASHFLOW3><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW3><sdc:finbltm_CASHFLOW4><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW4><sdc:finbltm_CASHFLOW5><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW5><sdc:finbltm_COMEQ><sdc:value>0.00000</sdc:value></sdc:finbltm_COMEQ><sdc:finbltm_DEBTRAT><sdc:value>0.00000</sdc:value></sdc:finbltm_DEBTRAT><sdc:finbltm_DSER2><sdc:value>0.00000</sdc:value></sdc:finbltm_DSER2><sdc:finbltm_EBIT><sdc:value>0.00000</sdc:value></sdc:finbltm_EBIT><sdc:finbltm_EPS><sdc:value>0.00000</sdc:value></sdc:finbltm_EPS><sdc:finbltm_NI><sdc:value>0.00000</sdc:value></sdc:finbltm_NI><sdc:finbltm_PTINC><sdc:value>0.00000</sdc:value></sdc:finbltm_PTINC><sdc:finbltm_SALES><sdc:value>0.00000</sdc:value></sdc:finbltm_SALES><sdc:finbltm_STDEBT><sdc:value>0.00000</sdc:value></sdc:finbltm_STDEBT><sdc:finbltm_TASS><sdc:value>0.00000</sdc:value></sdc:finbltm_TASS><sdc:fiscal_ADCR><sdc:value>0.00000</sdc:value></sdc:fiscal_ADCR><sdc:fiscal_AEPS><sdc:value>0.00000</sdc:value></sdc:fiscal_AEPS><sdc:fiscal_ANI><sdc:value>0.00000</sdc:value></sdc:fiscal_ANI><sdc:fiscal_APFDCR><sdc:value>0.00000</sdc:value></sdc:fiscal_APFDCR><sdc:fiscal_ASALES><sdc:value>0.00000</sdc:value></sdc:fiscal_ASALES><sdc:fiscal_ATASS><sdc:value>0.00000</sdc:value></sdc:fiscal_ATASS><sdc:fiscal_RATE><sdc:value>0.00000</sdc:value></sdc:fiscal_RATE><sdc:g_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">OpNext Inc, located in</sdc:value><sdc:value sdc:p="1">Eatontown, New Jersey,</sdc:value><sdc:value sdc:p="2">manufactures fiber optic</sdc:value><sdc:value sdc:p="3">cables or communication</sdc:value><sdc:value sdc:p="4">equipment for</sdc:value><sdc:value sdc:p="5">telecommunications and data</sdc:value><sdc:value sdc:p="6">communication, defense and</sdc:value><sdc:value sdc:p="7">security, medical, automotive,</sdc:value><sdc:value sdc:p="8">information and industrial</sdc:value><sdc:value sdc:p="9">applications. The company was</sdc:value><sdc:value sdc:p="10">founded in 2000.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">OpNext Inc, located in Eatontown, New Jersey, manufactures</sdc:value><sdc:value sdc:p="1">fiber optic cables or communication equipment for</sdc:value><sdc:value sdc:p="2">telecommunications and data communication, defense and</sdc:value><sdc:value sdc:p="3">security, medical, automotive, information and industrial</sdc:value><sdc:value sdc:p="4">applications. The company was founded in 2000.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>OpNext Inc, located in Eatontown, New Jersey, manufactures fiber optic cables or communication equipment for telecommunications and data communication, defense and security, medical, automotive, information and industrial applications. The company was founded in 2000.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">StrataLight Communications</sdc:value><sdc:value sdc:p="1">Inc, located in Los Gatos,</sdc:value><sdc:value sdc:p="2">California, manufactures</sdc:value><sdc:value sdc:p="3">optical subsystems and</sdc:value><sdc:value sdc:p="4">advanced dispersion</sdc:value><sdc:value sdc:p="5">compensation modules for the</sdc:value><sdc:value sdc:p="6">communications industry.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">StrataLight Communications Inc, located in Los Gatos,</sdc:value><sdc:value sdc:p="1">California, manufactures optical subsystems and advanced</sdc:value><sdc:value sdc:p="2">dispersion compensation modules for the communications</sdc:value><sdc:value sdc:p="3">industry.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>StrataLight Communications Inc, located in Los Gatos, California, manufactures optical subsystems and advanced dispersion compensation modules for the communications industry.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>0.00000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>Y</sdc:value></sdc:i_CROSS1><sdc:i_CURRENCYLONG><sdc:value>U.S. Dollar</sdc:value></sdc:i_CURRENCYLONG><sdc:i_DATEANN><sdc:value>09 Jul 08</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Wed, 09 Jul 2008 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 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sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value><sdc:value sdc:p="14">15.00000</sdc:value><sdc:value sdc:p="15">16.00000</sdc:value><sdc:value sdc:p="16">17.00000</sdc:value><sdc:value sdc:p="17">18.00000</sdc:value><sdc:value sdc:p="18">19.00000</sdc:value><sdc:value sdc:p="19">20.00000</sdc:value><sdc:value sdc:p="20">21.00000</sdc:value><sdc:value sdc:p="21">22.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">US - Opnext Inc (OI), a joint</sdc:value><sdc:value sdc:p="1">venture between Hitachi Ltd</sdc:value><sdc:value sdc:p="2">and Clarity Group,</sdc:value><sdc:value sdc:p="3">definitively agreed to acquire</sdc:value><sdc:value sdc:p="4">all the outstanding stock of</sdc:value><sdc:value sdc:p="5">StrataLight Communications</sdc:value><sdc:value sdc:p="6">Inc, a manufacturer of optical</sdc:value><sdc:value sdc:p="7">subsystems and advanced</sdc:value><sdc:value sdc:p="8">dispersion compensation</sdc:value><sdc:value sdc:p="9">modules, for $172.043 mil. The</sdc:value><sdc:value sdc:p="10">consideration was to consist</sdc:value><sdc:value sdc:p="11">of $30 mil in cash and 26.55</sdc:value><sdc:value sdc:p="12">mil in OI common shares valued</sdc:value><sdc:value sdc:p="13">at $142.043 mil. The shares</sdc:value><sdc:value sdc:p="14">were values based on OI's</sdc:value><sdc:value sdc:p="15">closing stock price of $5.35</sdc:value><sdc:value sdc:p="16">on July 8, the last full</sdc:value><sdc:value sdc:p="17">trading day prior to the</sdc:value><sdc:value sdc:p="18">announcement. The transaction</sdc:value><sdc:value sdc:p="19">was subject to customary</sdc:value><sdc:value sdc:p="20">closing conditions and</sdc:value><sdc:value sdc:p="21">regulatory approval.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>US - Opnext Inc (OI), a joint venture between Hitachi Ltd and Clarity Group, definitively agreed to acquire all the outstanding stock of StrataLight Communications Inc, a manufacturer of optical subsystems and advanced dispersion compensation modules, for $172.043 mil. The consideration was to consist of $30 mil in cash and 26.55 mil in OI common shares valued at $142.043 mil. The shares were values based on OI's closing stock price of $5.35 on July 8, the last full trading day prior to the announcement. The transaction was subject to customary closing conditions and regulatory approval.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">US - Opnext Inc (OI), a joint venture between Hitachi Ltd and Clarity Group, definitively</sdc:value><sdc:value sdc:p="1">agreed to acquire all the outstanding stock of StrataLight Communications Inc, a</sdc:value><sdc:value sdc:p="2">manufacturer of optical subsystems and advanced dispersion compensation modules, for</sdc:value><sdc:value sdc:p="3">$172.043 mil. The consideration was to consist of $30 mil in cash and 26.55 mil in OI</sdc:value><sdc:value sdc:p="4">common shares valued at $142.043 mil. The shares were values based on OI's closing stock</sdc:value><sdc:value sdc:p="5">price of $5.35 on July 8, the last full trading day prior to the announcement. The</sdc:value><sdc:value sdc:p="6">transaction was subject to customary closing conditions and regulatory approval.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value sdc:p="0">US - Opnext Inc (OI), a joint venture between Hitachi Ltd and Clarity Group, definitively agreed to acquire all the outstanding stock of StrataLight Communications Inc, a manufacturer of optical</sdc:value><sdc:value sdc:p="1">subsystems and advanced dispersion compensation modules, for $172.043 mil. The consideration was to consist of $30 mil in cash and 26.55 mil in OI common shares valued at $142.043 mil. The shares were</sdc:value><sdc:value sdc:p="2">values based on OI's closing stock price of $5.35 on July 8, the last full trading day prior to the announcement. 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2008</sdc:value></sdc:date_lastupdate><sdc:finbltm_BV><sdc:value>0.00000</sdc:value></sdc:finbltm_BV><sdc:finbltm_CASH><sdc:value>0.00000</sdc:value></sdc:finbltm_CASH><sdc:finbltm_CASHFLOW><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW><sdc:finbltm_CASHFLOW1><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW1><sdc:finbltm_CASHFLOW2><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW2><sdc:finbltm_CASHFLOW3><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW3><sdc:finbltm_CASHFLOW4><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW4><sdc:finbltm_CASHFLOW5><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW5><sdc:finbltm_COMEQ><sdc:value>0.00000</sdc:value></sdc:finbltm_COMEQ><sdc:finbltm_DEBTRAT><sdc:value>0.00000</sdc:value></sdc:finbltm_DEBTRAT><sdc:finbltm_DSER2><sdc:value>0.00000</sdc:value></sdc:finbltm_DSER2><sdc:finbltm_EBIT><sdc:value>0.00000</sdc:value></sdc:finbltm_EBIT><sdc:finbltm_EPS><sdc:value>0.00000</sdc:value></sdc:finbltm_EPS><sdc:finbltm_NI><sdc:value>0.00000</sdc:value></sdc:finbltm_NI><sdc:finbltm_PTINC><sdc:value>0.00000</sdc:value></sdc:finbltm_PTINC><sdc:finbltm_SALES><sdc:value>0.00000</sdc:value></sdc:finbltm_SALES><sdc:finbltm_STDEBT><sdc:value>0.00000</sdc:value></sdc:finbltm_STDEBT><sdc:finbltm_TASS><sdc:value>0.00000</sdc:value></sdc:finbltm_TASS><sdc:fiscal_ADCR><sdc:value>0.00000</sdc:value></sdc:fiscal_ADCR><sdc:fiscal_ANI><sdc:value>0.00000</sdc:value></sdc:fiscal_ANI><sdc:fiscal_APFDCR><sdc:value>0.00000</sdc:value></sdc:fiscal_APFDCR><sdc:fiscal_ASALES><sdc:value>0.00000</sdc:value></sdc:fiscal_ASALES><sdc:fiscal_ATASS><sdc:value>0.00000</sdc:value></sdc:fiscal_ATASS><sdc:fiscal_RATE><sdc:value>0.00000</sdc:value></sdc:fiscal_RATE><sdc:g_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value><sdc:value sdc:p="14">15.00000</sdc:value><sdc:value sdc:p="15">16.00000</sdc:value><sdc:value sdc:p="16">17.00000</sdc:value><sdc:value sdc:p="17">18.00000</sdc:value><sdc:value sdc:p="18">19.00000</sdc:value><sdc:value sdc:p="19">20.00000</sdc:value><sdc:value sdc:p="20">21.00000</sdc:value><sdc:value sdc:p="21">22.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">Anoto Group AB, based in</sdc:value><sdc:value sdc:p="1">Stockholm, Sweden,</sdc:value><sdc:value sdc:p="2">manufactures handheld</sdc:value><sdc:value sdc:p="3">computers that combine a</sdc:value><sdc:value sdc:p="4">miniature digital camera, OCR</sdc:value><sdc:value sdc:p="5">and memory, called C-Pens. The</sdc:value><sdc:value sdc:p="6">product works as an electronic</sdc:value><sdc:value sdc:p="7">highlighter that scans to</sdc:value><sdc:value sdc:p="8">remember printed text and</sdc:value><sdc:value sdc:p="9">bar-codes. The Group operates</sdc:value><sdc:value sdc:p="10">through two segments: Anoto</sdc:value><sdc:value sdc:p="11">and C-Technologies. The Anoto</sdc:value><sdc:value sdc:p="12">division reads, stores,</sdc:value><sdc:value sdc:p="13">processes, translates and</sdc:value><sdc:value sdc:p="14">transfers text to PCs, PDAs</sdc:value><sdc:value sdc:p="15">and mobile phones and contains</sdc:value><sdc:value sdc:p="16">a digital address book and</sdc:value><sdc:value sdc:p="17">calendar. The C-Technologies</sdc:value><sdc:value sdc:p="18">division sends images through</sdc:value><sdc:value sdc:p="19">e-mails and stores</sdc:value><sdc:value sdc:p="20">hand-written notes. Founded in</sdc:value><sdc:value sdc:p="21">1996.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">Anoto Group AB, based in Stockholm, Sweden, manufactures</sdc:value><sdc:value sdc:p="1">handheld computers that combine a miniature digital camera,</sdc:value><sdc:value sdc:p="2">OCR and memory, called C-Pens. The product works as an</sdc:value><sdc:value sdc:p="3">electronic highlighter that scans to remember printed text</sdc:value><sdc:value sdc:p="4">and bar-codes. The Group operates through two segments:</sdc:value><sdc:value sdc:p="5">Anoto and C-Technologies. The Anoto division reads, stores,</sdc:value><sdc:value sdc:p="6">processes, translates and transfers text to PCs, PDAs and</sdc:value><sdc:value sdc:p="7">mobile phones and contains a digital address book and</sdc:value><sdc:value sdc:p="8">calendar. The C-Technologies division sends images through</sdc:value><sdc:value sdc:p="9">e-mails and stores hand-written notes. Founded in 1996.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Anoto Group AB, based in Stockholm, Sweden, manufactures handheld computers that combine a miniature digital camera, OCR and memory, called C-Pens. The product works as an electronic highlighter that scans to remember printed text and bar-codes. The Group operates through two segments: Anoto and C-Technologies. The Anoto division reads, stores, processes, translates and transfers text to PCs, PDAs and mobile phones and contains a digital address book and calendar. The C-Technologies division sends images through e-mails and stores hand-written notes. Founded in 1996.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">Hitachi Maxell Ltd-Digital Pen</sdc:value><sdc:value sdc:p="1">Business is designing,</sdc:value><sdc:value sdc:p="2">developing digital pen</sdc:value><sdc:value sdc:p="3">products.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">Hitachi Maxell Ltd-Digital Pen Business is designing,</sdc:value><sdc:value sdc:p="1">developing digital pen products.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>Hitachi Maxell Ltd-Digital Pen Business is designing, developing digital pen products.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>0.00000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>Y</sdc:value></sdc:i_CROSS1><sdc:i_DATEANN><sdc:value>09 Jun 08</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Mon, 09 Jun 2008 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 06/09/2008</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFFS><sdc:value>Date Effective:</sdc:value></sdc:i_DATEEFFS><sdc:i_DESCR><sdc:value>Acq. of Assets</sdc:value></sdc:i_DESCR><sdc:i_DESCR1><sdc:value>Friendly</sdc:value></sdc:i_DESCR1><sdc:i_FEEPCT><sdc:value>0.00000</sdc:value></sdc:i_FEEPCT><sdc:i_FEETOT><sdc:value>0.00000</sdc:value></sdc:i_FEETOT><sdc:i_HOSTAFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTAFEETOT><sdc:i_HOSTENTVAL><sdc:value>0.00000</sdc:value></sdc:i_HOSTENTVAL><sdc:i_HOSTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTFEETOT><sdc:i_HOSTPR><sdc:value>0.00000</sdc:value></sdc:i_HOSTPR><sdc:i_HOSTPRLABEL><sdc:value>Price/Share</sdc:value></sdc:i_HOSTPRLABEL><sdc:i_HOSTTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTTFEETOT><sdc:i_HOSTVALUE><sdc:value>0</sdc:value></sdc:i_HOSTVALUE><sdc:i_HOSTVALUE1><sdc:value>0.00000</sdc:value></sdc:i_HOSTVALUE1><sdc:i_HOST_EQVAL><sdc:value>0.00000</sdc:value></sdc:i_HOST_EQVAL><sdc:i_HOST_RANKVAL><sdc:value>0</sdc:value></sdc:i_HOST_RANKVAL><sdc:i_HOST_RANKVAL1><sdc:value>0.00000</sdc:value></sdc:i_HOST_RANKVAL1><sdc:i_PCTACQ><sdc:value>0.00000</sdc:value></sdc:i_PCTACQ><sdc:i_PCTOWN><sdc:value>0.00000</sdc:value></sdc:i_PCTOWN><sdc:i_PR><sdc:value>0.00000</sdc:value></sdc:i_PR><sdc:i_PR_INITIAL><sdc:value>0.00000</sdc:value></sdc:i_PR_INITIAL><sdc:i_RANKVAL><sdc:value>0.00000</sdc:value></sdc:i_RANKVAL><sdc:i_RANK_HOSTRANKVAL><sdc:value>0</sdc:value></sdc:i_RANK_HOSTRANKVAL><sdc:i_RATE><sdc:value>0.00000</sdc:value></sdc:i_RATE><sdc:i_STATUS_MMC><sdc:value>N</sdc:value></sdc:i_STATUS_MMC><sdc:i_STGVAL><sdc:value>0.00000</sdc:value></sdc:i_STGVAL><sdc:i_TERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TERMFEE><sdc:i_TFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_TFEEPCT><sdc:i_TFEETOT><sdc:value>0.00000</sdc:value></sdc:i_TFEETOT><sdc:i_TTERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TTERMFEE><sdc:i_VALLIA><sdc:value>0.00000</sdc:value></sdc:i_VALLIA><sdc:i_VALNOLIA><sdc:value>0.00000</sdc:value></sdc:i_VALNOLIA><sdc:i_VALUE><sdc:value>0.00000</sdc:value></sdc:i_VALUE><sdc:j_EQVALCF><sdc:value>0.00000</sdc:value></sdc:j_EQVALCF><sdc:j_EVCF><sdc:value>0.00000</sdc:value></sdc:j_EVCF><sdc:j_EVEBIT><sdc:value>0.00000</sdc:value></sdc:j_EVEBIT><sdc:j_EVNI><sdc:value>0.00000</sdc:value></sdc:j_EVNI><sdc:j_EVSALES><sdc:value>0.00000</sdc:value></sdc:j_EVSALES><sdc:j_MPRICEBOOK><sdc:value>0.00000</sdc:value></sdc:j_MPRICEBOOK><sdc:j_PHELD><sdc:value>0.00000</sdc:value></sdc:j_PHELD><sdc:j_PSOUGHT><sdc:value>100.00000</sdc:value></sdc:j_PSOUGHT><sdc:j_RANKVALCF><sdc:value>0.00000</sdc:value></sdc:j_RANKVALCF><sdc:j_RANKVALEB><sdc:value>0.00000</sdc:value></sdc:j_RANKVALEB><sdc:j_RANKVALNA><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNA><sdc:j_RANKVALNI><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNI><sdc:j_RANKVALSALES><sdc:value>0.00000</sdc:value></sdc:j_RANKVALSALES><sdc:j_VALEB><sdc:value>0.00000</sdc:value></sdc:j_VALEB><sdc:j_VALNI><sdc:value>0.00000</sdc:value></sdc:j_VALNI><sdc:j_VALSALES><sdc:value>0.00000</sdc:value></sdc:j_VALSALES><sdc:m_AMV><sdc:value>821.49700</sdc:value></sdc:m_AMV><sdc:m_CF3YGR><sdc:value>0.00000</sdc:value></sdc:m_CF3YGR><sdc:m_CF5YGR><sdc:value>0.00000</sdc:value></sdc:m_CF5YGR><sdc:m_DCR><sdc:value>0.00000</sdc:value></sdc:m_DCR><sdc:m_ENTVAL><sdc:value>0.00000</sdc:value></sdc:m_ENTVAL><sdc:m_EPS3YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS3YGR><sdc:m_EPS5YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS5YGR><sdc:m_LTD><sdc:value>0.00000</sdc:value></sdc:m_LTD><sdc:m_MV><sdc:value>0.00000</sdc:value></sdc:m_MV><sdc:m_NETASS><sdc:value>0.00000</sdc:value></sdc:m_NETASS><sdc:m_NETASS3YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS3YGR><sdc:m_NETASS5YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS5YGR><sdc:m_NI3YGR><sdc:value>0.00000</sdc:value></sdc:m_NI3YGR><sdc:m_NI5YGR><sdc:value>0.00000</sdc:value></sdc:m_NI5YGR><sdc:n_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">JAPAN - Anoto Group AB agreed</sdc:value><sdc:value sdc:p="1">to acquire the digital pen</sdc:value><sdc:value sdc:p="2">business of Hitachi Maxell Ltd</sdc:value><sdc:value sdc:p="3">(HM), a manufacturer of</sdc:value><sdc:value sdc:p="4">magnetic tapes, and a majority</sdc:value><sdc:value sdc:p="5">owned unit of Hitachi Ltd.</sdc:value><sdc:value sdc:p="6">Concurrently, HM agreed to</sdc:value><sdc:value sdc:p="7">acquire a 19.9% stake in Anoto</sdc:value><sdc:value sdc:p="8">Nippon KK (AN).</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>JAPAN - Anoto Group AB agreed to acquire the digital pen business of Hitachi Maxell Ltd (HM), a manufacturer of magnetic tapes, and a majority owned unit of Hitachi Ltd. Concurrently, HM agreed to acquire a 19.9% stake in Anoto Nippon KK (AN).</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">JAPAN - Anoto Group AB agreed to acquire the digital pen business of Hitachi Maxell Ltd</sdc:value><sdc:value sdc:p="1">(HM), a manufacturer of magnetic tapes, and a majority owned unit of Hitachi Ltd.</sdc:value><sdc:value sdc:p="2">Concurrently, HM agreed to acquire a 19.9% stake in Anoto Nippon KK (AN).</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value sdc:p="0">JAPAN - Anoto Group AB agreed to acquire the digital pen business of Hitachi Maxell Ltd (HM), a manufacturer of magnetic tapes, and a majority owned unit of Hitachi Ltd. Concurrently, HM agreed to</sdc:value><sdc:value sdc:p="1">acquire a 19.9% stake in Anoto Nippon KK (AN).</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">JAPAN - Anoto Group AB agreed to acquire the digital pen business of Hitachi Maxell Ltd (HM), a manufacturer of magnetic tapes, and a</sdc:value><sdc:value sdc:p="1">majority owned unit of Hitachi Ltd. Concurrently, HM agreed to acquire a 19.9% stake in Anoto Nippon KK 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xmlns:newstex="http://www.alacra.com/newstex">HITACHI LTD</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">LIVEDOOR CO LTD</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">HIT</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">LVDRF</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/KYO-0001-25874755</link><guid isPermaLink="false">newstex/KYO-0001-25874755</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> TOKYO, Jun. ##, #### (Kyodo News International delivered by Newstex) --  ---------- Electrical machinery makers raided over bid-rigging in HokkaidoTOKYO - Fair Trade Commission investigators Tuesday raided the Hokkaido offices of Hitachi...</description><newstex:cat 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xmlns:newstex="http://www.alacra.com/newstex">19002009</newstex:geo><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">Kyodo News International</newstex:Publication><title>Kyodo economic news summary -3-</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">KYO-0001-25874755</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">HITACHI LTD</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">TOYOTA MOTOR CORP</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">HIT</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">TM</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/MCOM-0006-25851181</link><guid isPermaLink="false">newstex/MCOM-0006-25851181</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> Jun. #, #### (M# Communications Ltd. delivered by Newstex) -- Swedish IT technology developer Anoto Group AB (OMX Stockholm:ANOT) said on Monday (# June) that it has agreed to establish a joint venture with Hitachi Maxell Ltd.The new...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016013</newstex:cat><pubDate>6/9/2008 7:06:06 AM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18022000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18015000</newstex:event><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19000000</newstex:geo><newstex:geo 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xmlns:newstex="http://www.alacra.com/newstex">HIT</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><title>Hitachi Capital(UK)PLC acquires London Scottish Invoice from London Scottish Bank PLC (pending)</title><description>UK - Hitachi Capital (UK) PLC, a ##.##%-owned unit of Hitachi Ltd's Hitachi Capital Corp subsidiary, agreed to acquire London Scottish Invoice Finance Ltd, a Telford-based provider of invoice finance services, from London Scottish Bank PLC, for an estimated ##.# mil British pounds ($##.### mil US) in cash. The transaction was subject to shareholders approvals.</description><pubDate>6/3/2008 12:07:10 PM</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">43341R</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">54209V</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">433578</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">54209T</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">Hitachi Capital(UK)PLC</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">London Scottish Invoice Finance Ltd</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">Hitachi Ltd</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">London Scottish Bank PLC</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/Hitachi_Capital_UK_PLC_acquires_London_Scottish_Invoice_from_London_Scottish_Bank_PLC-1982787040</link><guid isPermaLink="false">sdc/1982787040</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>1982787040</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2008, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_MAINDUSTRY><sdc:value>Credit Institutions</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>United Kingdom</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Personal credit institutions</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>6141</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>FF</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Foreign</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Subsidiary</sdc:value></sdc:a_STATUS><sdc:asic_SIC><sdc:value sdc:p="0">6141:Personal credit institutions</sdc:value><sdc:value sdc:p="1">6153:Short-term business credit institutions</sdc:value><sdc:value sdc:p="2">6159:Misc business credit</sdc:value><sdc:value sdc:p="3">6411:Insurance agents, brokers, and service</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value sdc:p="0">3559:Special industry machinery, nec</sdc:value><sdc:value sdc:p="1">3563:Air and gas compressors</sdc:value><sdc:value sdc:p="2">3571:Electronic computers</sdc:value><sdc:value sdc:p="3">3575:Computer terminals</sdc:value><sdc:value sdc:p="4">3577:Computer peripheral equipment, nec</sdc:value><sdc:value sdc:p="5">3585:Refrigeration and heating equipment</sdc:value><sdc:value sdc:p="6">3621:Motors and generators</sdc:value><sdc:value sdc:p="7">3631:Household cooking equipment</sdc:value><sdc:value sdc:p="8">3632:Household refrigerators and home and farm freezers</sdc:value><sdc:value sdc:p="9">3634:Electric housewares and fans</sdc:value><sdc:value sdc:p="10">3651:Household audio and video equipment</sdc:value><sdc:value sdc:p="11">3672:Printed circuit boards</sdc:value><sdc:value sdc:p="12">3674:Semiconductors and related devices</sdc:value><sdc:value sdc:p="13">3695:Magnetic and optical recording media</sdc:value><sdc:value sdc:p="14">5045:Computers and peripheral equipment and software</sdc:value><sdc:value sdc:p="15">5046:Commercial equipment, nec</sdc:value><sdc:value sdc:p="16">5064:Electrical appliances, television and radio sets</sdc:value><sdc:value sdc:p="17">5065:Electronic parts and equipment, nec</sdc:value></sdc:aupsic_SIC><sdc:b_MAINDUSTRY><sdc:value>Investment &amp; Commodity Firms,Dealers,Exchanges</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>United Kingdom</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Investment advice</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>6282</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>FF</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>Foreign</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Subsidiary</sdc:value></sdc:b_STATUS><sdc:c_ACIDGEN><sdc:value>184520003</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Mnfr,whl electn equip</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Pvd financial svcs</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value sdc:p="0">Cash</sdc:value><sdc:value sdc:p="1">Cash Only</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Assets</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>1013658001</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>Jun 3 2008</sdc:value></sdc:date_lastupdate><sdc:finbltm_BV><sdc:value>0.00000</sdc:value></sdc:finbltm_BV><sdc:finbltm_CASH><sdc:value>0.00000</sdc:value></sdc:finbltm_CASH><sdc:finbltm_CASHFLOW><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW><sdc:finbltm_CASHFLOW1><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW1><sdc:finbltm_CASHFLOW2><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW2><sdc:finbltm_CASHFLOW3><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW3><sdc:finbltm_CASHFLOW4><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW4><sdc:finbltm_CASHFLOW5><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW5><sdc:finbltm_COMEQ><sdc:value>0.00000</sdc:value></sdc:finbltm_COMEQ><sdc:finbltm_DEBTRAT><sdc:value>0.00000</sdc:value></sdc:finbltm_DEBTRAT><sdc:finbltm_DSER2><sdc:value>0.00000</sdc:value></sdc:finbltm_DSER2><sdc:finbltm_EBIT><sdc:value>0.00000</sdc:value></sdc:finbltm_EBIT><sdc:finbltm_EPS><sdc:value>0.00000</sdc:value></sdc:finbltm_EPS><sdc:finbltm_NI><sdc:value>0.00000</sdc:value></sdc:finbltm_NI><sdc:finbltm_PTINC><sdc:value>0.00000</sdc:value></sdc:finbltm_PTINC><sdc:finbltm_SALES><sdc:value>0.00000</sdc:value></sdc:finbltm_SALES><sdc:finbltm_STDEBT><sdc:value>0.00000</sdc:value></sdc:finbltm_STDEBT><sdc:finbltm_TASS><sdc:value>0.00000</sdc:value></sdc:finbltm_TASS><sdc:fiscal_ADCR><sdc:value>0.00000</sdc:value></sdc:fiscal_ADCR><sdc:fiscal_ANI><sdc:value>0.00000</sdc:value></sdc:fiscal_ANI><sdc:fiscal_APFDCR><sdc:value>0.00000</sdc:value></sdc:fiscal_APFDCR><sdc:fiscal_ASALES><sdc:value>0.00000</sdc:value></sdc:fiscal_ASALES><sdc:fiscal_ATASS><sdc:value>0.00000</sdc:value></sdc:fiscal_ATASS><sdc:fiscal_RATE><sdc:value>0.00000</sdc:value></sdc:fiscal_RATE><sdc:g_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value><sdc:value sdc:p="14">15.00000</sdc:value><sdc:value sdc:p="15">16.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">Hitachi Capital (UK) PLC,</sdc:value><sdc:value sdc:p="1">located in Middlesex, United</sdc:value><sdc:value sdc:p="2">Kingdom, provides financing</sdc:value><sdc:value sdc:p="3">services in the form of</sdc:value><sdc:value sdc:p="4">contract hire, block</sdc:value><sdc:value sdc:p="5">discounting, leasing, hire</sdc:value><sdc:value sdc:p="6">purchase, personal loans and</sdc:value><sdc:value sdc:p="7">related products and services.</sdc:value><sdc:value sdc:p="8">It also provides insurance and</sdc:value><sdc:value sdc:p="9">credit management services,</sdc:value><sdc:value sdc:p="10">operating through its five</sdc:value><sdc:value sdc:p="11">business areas, Vehicle</sdc:value><sdc:value sdc:p="12">Solutions, Business Finance,</sdc:value><sdc:value sdc:p="13">Consumer Finance, Insurance</sdc:value><sdc:value sdc:p="14">Services and Credit</sdc:value><sdc:value sdc:p="15">Management.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">Hitachi Capital (UK) PLC, located in Middlesex, United</sdc:value><sdc:value sdc:p="1">Kingdom, provides financing services in the form of contract</sdc:value><sdc:value sdc:p="2">hire, block discounting, leasing, hire purchase, personal</sdc:value><sdc:value sdc:p="3">loans and related products and services. It also provides</sdc:value><sdc:value sdc:p="4">insurance and credit management services, operating through</sdc:value><sdc:value sdc:p="5">its five business areas, Vehicle Solutions, Business</sdc:value><sdc:value sdc:p="6">Finance, Consumer Finance, Insurance Services and Credit</sdc:value><sdc:value sdc:p="7">Management.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Hitachi Capital (UK) PLC, located in Middlesex, United Kingdom, provides financing services in the form of contract hire, block discounting, leasing, hire purchase, personal loans and related products and services. It also provides insurance and credit management services, operating through its five business areas, Vehicle Solutions, Business Finance, Consumer Finance, Insurance Services and Credit Management.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">London Scottish Invoice</sdc:value><sdc:value sdc:p="1">Finance Ltd, located in</sdc:value><sdc:value sdc:p="2">Telford, United Kingdom,</sdc:value><sdc:value sdc:p="3">provides invoice finance to</sdc:value><sdc:value sdc:p="4">small and medium-sized</sdc:value><sdc:value sdc:p="5">enterprises.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">London Scottish Invoice Finance Ltd, located in Telford,</sdc:value><sdc:value sdc:p="1">United Kingdom, provides invoice finance to small and</sdc:value><sdc:value sdc:p="2">medium-sized enterprises.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>London Scottish Invoice Finance Ltd, located in Telford, United Kingdom, provides invoice finance to small and medium-sized enterprises.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>0.00000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>Y</sdc:value></sdc:i_CROSS1><sdc:i_CURRENCYLONG><sdc:value>British Pound</sdc:value></sdc:i_CURRENCYLONG><sdc:i_DATEANN><sdc:value>02 Jun 08</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Mon, 02 Jun 2008 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 06/02/2008</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFFS><sdc:value>Date Effective:</sdc:value></sdc:i_DATEEFFS><sdc:i_DESCR><sdc:value>Acq. of Assets</sdc:value></sdc:i_DESCR><sdc:i_DESCR1><sdc:value>Friendly</sdc:value></sdc:i_DESCR1><sdc:i_FEEPCT><sdc:value>0.00000</sdc:value></sdc:i_FEEPCT><sdc:i_FEETOT><sdc:value>0.00000</sdc:value></sdc:i_FEETOT><sdc:i_HOSTAFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTAFEETOT><sdc:i_HOSTENTVAL><sdc:value>0.00000</sdc:value></sdc:i_HOSTENTVAL><sdc:i_HOSTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTFEETOT><sdc:i_HOSTPR><sdc:value>0.00000</sdc:value></sdc:i_HOSTPR><sdc:i_HOSTPRLABEL><sdc:value>Price/Share</sdc:value></sdc:i_HOSTPRLABEL><sdc:i_HOSTTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTTFEETOT><sdc:i_HOSTVALUE><sdc:value>28.5 British Pound</sdc:value></sdc:i_HOSTVALUE><sdc:i_HOSTVALUE1><sdc:value>28.50000</sdc:value></sdc:i_HOSTVALUE1><sdc:i_HOST_EQVAL><sdc:value>0.00000</sdc:value></sdc:i_HOST_EQVAL><sdc:i_HOST_RANKVAL><sdc:value>28.5 British Pound</sdc:value></sdc:i_HOST_RANKVAL><sdc:i_HOST_RANKVAL1><sdc:value>28.50000</sdc:value></sdc:i_HOST_RANKVAL1><sdc:i_PCTACQ><sdc:value>0.00000</sdc:value></sdc:i_PCTACQ><sdc:i_PCTOWN><sdc:value>0.00000</sdc:value></sdc:i_PCTOWN><sdc:i_PR><sdc:value>0.00000</sdc:value></sdc:i_PR><sdc:i_PR_INITIAL><sdc:value>0.00000</sdc:value></sdc:i_PR_INITIAL><sdc:i_RANKVAL><sdc:value>28.50000</sdc:value></sdc:i_RANKVAL><sdc:i_RANK_HOSTRANKVAL><sdc:value>28.5 British Pound</sdc:value></sdc:i_RANK_HOSTRANKVAL><sdc:i_RATE><sdc:value>1.97600</sdc:value></sdc:i_RATE><sdc:i_STATUS_MMC><sdc:value>N</sdc:value></sdc:i_STATUS_MMC><sdc:i_STGVAL><sdc:value>28.50000</sdc:value></sdc:i_STGVAL><sdc:i_TERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TERMFEE><sdc:i_TFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_TFEEPCT><sdc:i_TFEETOT><sdc:value>0.00000</sdc:value></sdc:i_TFEETOT><sdc:i_TTERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TTERMFEE><sdc:i_VALLIA><sdc:value>0.00000</sdc:value></sdc:i_VALLIA><sdc:i_VALNOLIA><sdc:value>56.32700</sdc:value></sdc:i_VALNOLIA><sdc:i_VALUE><sdc:value>56.32700</sdc:value></sdc:i_VALUE><sdc:j_EQVALCF><sdc:value>0.00000</sdc:value></sdc:j_EQVALCF><sdc:j_EVCF><sdc:value>0.00000</sdc:value></sdc:j_EVCF><sdc:j_EVEBIT><sdc:value>0.00000</sdc:value></sdc:j_EVEBIT><sdc:j_EVNI><sdc:value>0.00000</sdc:value></sdc:j_EVNI><sdc:j_EVSALES><sdc:value>0.00000</sdc:value></sdc:j_EVSALES><sdc:j_MPRICEBOOK><sdc:value>0.00000</sdc:value></sdc:j_MPRICEBOOK><sdc:j_PHELD><sdc:value>0.00000</sdc:value></sdc:j_PHELD><sdc:j_PSOUGHT><sdc:value>100.00000</sdc:value></sdc:j_PSOUGHT><sdc:j_RANKVALCF><sdc:value>0.00000</sdc:value></sdc:j_RANKVALCF><sdc:j_RANKVALEB><sdc:value>0.00000</sdc:value></sdc:j_RANKVALEB><sdc:j_RANKVALNA><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNA><sdc:j_RANKVALNI><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNI><sdc:j_RANKVALSALES><sdc:value>0.00000</sdc:value></sdc:j_RANKVALSALES><sdc:j_VALEB><sdc:value>0.00000</sdc:value></sdc:j_VALEB><sdc:j_VALNI><sdc:value>0.00000</sdc:value></sdc:j_VALNI><sdc:j_VALSALES><sdc:value>0.00000</sdc:value></sdc:j_VALSALES><sdc:m_AMV><sdc:value>0.00000</sdc:value></sdc:m_AMV><sdc:m_CF3YGR><sdc:value>0.00000</sdc:value></sdc:m_CF3YGR><sdc:m_CF5YGR><sdc:value>0.00000</sdc:value></sdc:m_CF5YGR><sdc:m_DCR><sdc:value>0.00000</sdc:value></sdc:m_DCR><sdc:m_ENTVAL><sdc:value>0.00000</sdc:value></sdc:m_ENTVAL><sdc:m_EPS3YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS3YGR><sdc:m_EPS5YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS5YGR><sdc:m_LTD><sdc:value>0.00000</sdc:value></sdc:m_LTD><sdc:m_MV><sdc:value>0.00000</sdc:value></sdc:m_MV><sdc:m_NETASS><sdc:value>0.00000</sdc:value></sdc:m_NETASS><sdc:m_NETASS3YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS3YGR><sdc:m_NETASS5YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS5YGR><sdc:m_NI3YGR><sdc:value>0.00000</sdc:value></sdc:m_NI3YGR><sdc:m_NI5YGR><sdc:value>0.00000</sdc:value></sdc:m_NI5YGR><sdc:n_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">UK - Hitachi Capital (UK) PLC,</sdc:value><sdc:value sdc:p="1">a 53.87%-owned unit of Hitachi</sdc:value><sdc:value sdc:p="2">Ltd's Hitachi Capital Corp</sdc:value><sdc:value sdc:p="3">subsidiary, agreed to acquire</sdc:value><sdc:value sdc:p="4">London Scottish Invoice</sdc:value><sdc:value sdc:p="5">Finance Ltd, a Telford-based</sdc:value><sdc:value sdc:p="6">provider of invoice finance</sdc:value><sdc:value sdc:p="7">services, from London Scottish</sdc:value><sdc:value sdc:p="8">Bank PLC, for an estimated</sdc:value><sdc:value sdc:p="9">28.5 mil British pounds</sdc:value><sdc:value sdc:p="10">($56.327 mil US) in cash. The</sdc:value><sdc:value sdc:p="11">transaction was subject to</sdc:value><sdc:value sdc:p="12">shareholders approvals.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>UK - Hitachi Capital (UK) PLC, a 53.87%-owned unit of Hitachi Ltd's Hitachi Capital Corp subsidiary, agreed to acquire London Scottish Invoice Finance Ltd, a Telford-based provider of invoice finance services, from London Scottish Bank PLC, for an estimated 28.5 mil British pounds ($56.327 mil US) in cash. The transaction was subject to shareholders approvals.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">UK - Hitachi Capital (UK) PLC, a 53.87%-owned unit of Hitachi Ltd's Hitachi Capital Corp</sdc:value><sdc:value sdc:p="1">subsidiary, agreed to acquire London Scottish Invoice Finance Ltd, a Telford-based</sdc:value><sdc:value sdc:p="2">provider of invoice finance services, from London Scottish Bank PLC, for an estimated 28.5</sdc:value><sdc:value sdc:p="3">mil British pounds ($56.327 mil US) in cash. The transaction was subject to shareholders</sdc:value><sdc:value sdc:p="4">approvals.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value sdc:p="0">UK - Hitachi Capital (UK) PLC, a 53.87%-owned unit of Hitachi Ltd's Hitachi Capital Corp subsidiary, agreed to acquire London Scottish Invoice Finance Ltd, a Telford-based provider of invoice finance</sdc:value><sdc:value sdc:p="1">services, from London Scottish Bank PLC, for an estimated 28.5 mil British pounds ($56.327 mil US) in cash. The transaction was subject to shareholders approvals.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">UK - Hitachi Capital (UK) PLC, a 53.87%-owned unit of Hitachi Ltd's Hitachi Capital Corp subsidiary, agreed to acquire London Scottish</sdc:value><sdc:value sdc:p="1">Invoice Finance Ltd, a Telford-based provider of invoice finance services, from London Scottish Bank PLC, for an estimated 28.5 mil</sdc:value><sdc:value sdc:p="2">British pounds ($56.327 mil US) in cash. The transaction was subject to shareholders approvals.</sdc:value></sdc:n_synopsis5><sdc:p_MANAGER_LONG2><sdc:value>Rothschild</sdc:value></sdc:p_MANAGER_LONG2><sdc:p_SEQ><sdc:value>1.00000</sdc:value></sdc:p_SEQ><sdc:p_TFINL_ROLEVAL_LONG><sdc:value>$ 56.327 - Rothschild - 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the Car Parts and supply industry is available in its catalogue.
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The time has come to begin the meeting. We are expecting to conclude the meeting by # p.m. Before going into the explanation, I would like to confirm the materials that have been distributed to you. You should have the following material with you. First of all, the Tanshin for fiscal year #### news release, which is the fiscal year #### results outline, supplementary information for fiscal year #### for the information telecommunications systems and display and digital media. Also, you should have the PowerPoint presentation material for the period ending March ####. If you are missing any material, please let us know. We also have an English version of the presentation materials, so please let the staff know if you require the English material. I would now like to introduce the presenters for this...

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