#HitachiConstructionMachinery

Mr. Yoshiaki Narikawa will assume the position of Representative Executive Officer as of April 1, 2026, and Mr. Yusuke Kajita will retire. The new executive structure includes promotions and role changes among multiple officers.

Itochu Corporation increased its voting rights ratio in our shares to 33.4% through Citrus Investment, and JIP is expected to no longer be a substantial shareholder.

Itochu Corporation resolved to acquire HCJI's JIP SPC equity as treasury stock to increase its voting rights ratio in Hitachi Construction Machinery to 33.4%. Completion of acquisition is scheduled for April 2026.

For Q3 of the fiscal year ending March 2026, revenue was JPY 979,349 million (YoY △1.2%), adjusted operating income was JPY 92,592 million (YoY △11.4%), and net income attributable to owners of parent was JPY 56,206 million (YoY △9.2%). The full-year earnings guidance was upwardly revised to revenue of JPY 1,370,000 million (+3.8% from previous forecast).