To export products to Japan, Europe and the U.S.

RAC Business during Winter Season

RAC Factory Shipments Up 14% in August

PAC Shipments Up 16% in August

Domestic Refrigerator Shipments Jump 38% in July

Hitachi Exhibition 2004 in China

Shipments likely to reach 4.5 million units

Globalization of White Goods Business – Increased Exports and Imports –

Imports expected to reach ￥400 billion

60% of white goods exports occupied by Acs