Hitachi Construction Machinery : Notice Concerning Other Affiliated Company as the Largest Shareholder(88 KB)

February 19, 2026

Corporate name Hitachi Construction Machinery Co., Ltd.

(Code: 6305, Prime Market of the Tokyo Stock Exchange)

Name of representative Masafumi Senzaki

Executive Officer, President & COO

As stated in the "Announcement Regarding Additional Acquisition of Shares in Hitachi Construction Machinery Co., Ltd." published today by ITOCHU Corporation ("ITOCHU"), Hitachi Construction Machinery Co., Ltd. ("HCM") has been notified by ITOCHU that a resolution has been made and an agreement reached regarding the acquisition by HCJI Holdings, Ltd. ("HCJI"), which is jointly owned on a 50-50 basis by HCJ Holdings ("JIP SPC"), a special purpose company invested by the investment funds managed, operated or informed by Japan Industrial Partners, Inc. ("JIP"), and Citrus Investment G.K. ("Citrus"), a company wholly owned by ITOCHU, to acquire all HCJI shares held by JIP SPC as treasury shares.

HCJI holds a 26% stake in HCM shares and is the largest shareholder and other affiliated company of HCM. In addition, Citrus acquired an additional 0.4% of HCM shares through market transactions in early February this year. As a result of this additional share acquisition, ITOCHU's shareholding ratio in HCM (including direct and indirect holdings via Citrus) is expected to reach 33.4%. HCM understands that ITOCHU has no plans for further acquisition of HCM shares.

JIP will no longer be an effective shareholder of HCM. Since HCJI became the major shareholder in 2022, HCM expresses its deepest gratitude for the tremendous support JIP has provided for HCM's growth strategy targeting the global market.

ITOCHU has consistently supported HCM's efforts to achieve further growth and advancement in HCM's business, while also providing medium- to long-term support as a shareholder. HCM will continue to deepen collaboration in various aspects of the business as an important partner.