March 19, 2021

To whom it may concern,

Hitachi Capital Corporation President & CEO Seiji Kawabe

(Securities Code No. 8586)

(Listing Exchange: Tokyo Stock Exchange)

Notice Regarding Secondary Distribution of Shares

Today, Hitachi Capital Corporation (the "Company") received a notice from Mitsubishi UFJ Financial Group, Inc. ("MUFG"), a shareholder of the Company, to the effect that MUFG will transfer a portion of its shares in the Company held by MUFG to Mitsubishi Corporation ("Mitsubishi Corporation").

We hereby inform you the details of the above transfer because it falls under a secondary distribution of the shares in the Company.

1. Outline of Secondary Distribution

(1)

Class and number of shares for secondary distribution

3,507,379 shares of common stock of the Company

(2)

Secondary distribution price

2,420 yen per share

(3)

Total secondary distribution price

8,489,406,952 yen in total

(4)

Owner and number of shares for secondary distribution

MUFG: 3,507,379 shares

(5)

Secondary distribution method

Assignment of the shares of common stock of the Company by MUFG to Mitsubishi Corporation

(6)

Subscription period

March 19, 2021

(7)

Settlement date

March 25, 2021 (scheduled)

(8)

Subscription deposit

N/A

(9)

Subscription unit of shares

1 share

(10)

Other

The Company has submitted the above matters in the securities notification statement set out in the Financial Instruments and Exchange Act.

(Note): The secondary distribution price above was determined though consultations between the parties described in (5) above.

2. Purpose of Secondary Distribution

Given that an agreement to assign the shares in the Company in an over-the-counter transaction was reached by MUFG and Mitsubishi Corporation, the objective is to carry out the assignment through a secondary distribution pursuant to procedures set out in the relevant laws and regulations.

3. Future Outlook

The secondary distribution of shares will have only a minor impact on the Company's business results for the current fiscal period.

End

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Hitachi Capital Corporation published this content on 19 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 March 2021 06:59:03 UTC.