Mr. Minoru Tsukada, Chairman of the Executive Board of the Hitachi Center, currently serves as President of the Hitachi Research Institute. Mr. Tsukada joined Hitachi, Ltd. in 1969. Mr. Tsukada was appointed General Manager of the International Business Planning & Development Group in 1999. In 2000, he became Managing Director of Hitachi Europe Ltd., responsible for the regional operations in Western, Central and Eastern Europe, Middle East, and Africa. Mr. Tsukada returned to Japan in April 2003 as Managing Officer of Hitachi, Ltd., and was also appointed General Manager of Hitachi’s Kansai Area Operation. He was then appointed Vice President and Executive Officer of Hitachi, Ltd. in June 2003, while maintaining ongoing responsibility for the Kansai Area Operation. In February 2005, Mr. Tsukada became Chief Executive for China and was responsible for all activities of the Hitachi group in China. He was also appointed Senior Vice President and Executive Officer of Hitachi, Ltd. in April 2006 while he was based in China.