HITACHI KOKUSAI ELECTRIC INC. AND SUBSIDIARIES

CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED MARCH 31, 2009

	Consolidated Balance Sheets
	Consolidated Statements of Income
	Consolidated Statements of Cash Flows
	Segment Information

Summary(Unaudited)

In millions of yen and U.S. dollars, except Net income (loss) per share (5), Equity ratio (7) and Net assets per share (8).

Years ended March 31, 2009 and 2008

	YEN (millions)		(A)/(B) ×100(%)	U.S.Dollars (millions)
	FY2008(A)	FY2007(B)	(A)/(B) ×100(%)	FY2008
1. Net sales	128,586	197,983	65	1,309
2. Operating income (loss)	(11,407)	16,933	-	(116)
3. Ordinary income (loss)	(10,996)	18,405	-	(112)
4. Net income (loss)	(24,880)	11,804	-	(253)
5. Net income (loss) per share (YEN/$)	(241.79)	113.72	-	(2.46)
6. Net assets	81,317	109,971	74	828
7. Equity ratio (%)	58.6	54.1	-	-
8. Net assets per share (YEN/$)	789.31	1,067.66	74	8.04
9. Total assets	138,546	203,057	68	1,410
10. Cash Flows
(1) Operating activities	(1,166)	7,657	-	(12)
(2) Investing activities	(5,525)	(4,929)	-	(56)
(3) Financing activities	(7,993)	(3,028)	-	(81)
(4) Cash and cash equivalents	36,064	51,208	70	367

* Notes:

The consolidated financial statements are stated in Japanese yen. The translations of Japanese yen amounts into U.S. dollar amounts are included solely for the convenience of readers and have been made at the rate of 98.23 yen to U.S.$1, the rate of exchange at March 31, 2009.

HITACHI KOKUSAI ELECTRIC INC. AND SUBSIDIARIES

CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31, 2009

CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED MARCH 31, 2009