Schedule 13G Amendment No. 2

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

SCHEDULE 13G

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(AMENDMENT NO.     2    )*

 

 

 

 

Hitachi, Ltd.

(Name of Issuer)

 

 

American Depositary Shares

(Title of Class of Securities)

 

 

433578507

(CUSIP Number)

 

 

December 31, 2008

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

x Rule 13d-1(b)

¨ Rule 13d-1(c)

¨ Rule 13d-1(d)

 

 

*   The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

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CUSIP NO. 433578507

 

  1  

Name of Reporting Person

S.S. OR I.R.S. Identification No. of above person

 

Dodge & Cox 94-1441976

   
  2  

Check the Appropriate Box if a Member of a Group*

(a)  ¨

(b)  ¨

 

N/A

   
  3  

SEC Use Only

 

   
  4  

Citizenship or Place of Organization

 

California – U.S.A.

   

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH  

 

 

  5    Sole Voting Power

11,932,754

 

  6    Shared Voting Power

25,050

 

  7    Sole Dispositive Power

12,557,154

 

  8    Shared Dispositive Power

0

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

12,557,154

   
10  

Check box if the Aggregate Amount in Row (9) Excludes Certain Shares*

 

 

N/A

   
11  

Percent of Class Represented by Amount in Row 9

 

3.7%

   
12  

Type of Reporting Person*

 

IA

   

 

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Item 1(a) Name of Issuer:                    
   Hitachi, Ltd.

 

Item 1(b) Address of Issuer’s Principal Executive Offices:
   1-6-6 Marunouchi
   Chiyoda-ku
   Tokyo, 100-8280
   Japan

 

Item 2(a) Name of Person Filing:
   Dodge & Cox

 

Item 2(b) Address of the Principal Office or, if none, Residence:
   555 California Street, 40th Floor
   San Francisco, CA 94104

 

Item 2(c) Citizenship:
   California—U.S.A.

 

Item 2(d) Title of Class of Securities:
   American Depositary Shares

 

Item 2(e) CUSIP Number:
   433578507

 

Item 3 If the Statement is being filed pursuant to Rule 13d-1(b),
   or 13d-2(b), check whether the person filing is a:
   (e)     x     Investment Advisor registered under section 203 of

the Investment Advisors Act of 1940

 

Item 4 Ownership:
   (a)     Amount Beneficially Owned:
     12,557,154

 

   (b)     Percent of Class:
     3.7%

 

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   (c)     Number of shares as to which such person has:

 

  (i) sole power to vote or direct the vote:
     11,932,754

 

  (ii) shared power to vote or direct the vote:
     25,050

 

  (iii) sole power to dispose or to direct the
     disposition of: 12,557,154

 

  (iv) shared power to dispose or to direct the
     disposition of: 0

 

Item 5 Ownership of Five Percent or Less of a Class:
   If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following x.

 

Item 6 Ownership of More than Five Percent on Behalf of Another
   Person:
   Securities reported on this Schedule 13G are beneficially owned by clients of Dodge & Cox, which clients may include investment companies registered under the Investment Company Act and/or employee benefit plans, pension funds, endowment funds or other institutional clients.

 

Item 7 Identification and Classification of the Subsidiary Which
   Acquired the Security Being Reported on By the Parent
   Holding Company:
   Not applicable.

 

Item 8 Identification and Classification of Members of the Group:
   Not applicable.

 

Item 9 Notice of Dissolution of a Group:
   Not applicable.

 

Item 10 Certification:
   By signing below I certify that, to the best
   of my knowledge and belief, the securities referred to
   above were acquired in the ordinary course of business and
   were not acquired for the purpose of and do not have the
   effect of changing or influencing the control of the issuer
   of such securities and were not acquired in connection with
   or as a participant in any transaction having such purpose
   or effect.

 

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SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 11, 2009

 

DODGE & COX
By:  

/S/ THOMAS M. MISTELE

Name:   Thomas M. Mistele
Title:   General Counsel & COO

 

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