Hitachi Construction Machinery Co., Ltd.
Notice Regarding Major Shareholder as Other Related Company
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.
Key Figures
- HCJI's shareholding ratio of our shares: 26%
- Itochu's voting rights ratio in our company (including direct and indirect): 33.4%
- Additional acquisition of our shares by Citrus: 0.4%
AI要約
Regarding the transfer of shareholding of the major shareholder
In HCJI Holdings Co., Ltd., jointly owned equally by Citrus Investment LLC, a wholly-owned subsidiary of Itochu Corporation, and JIP SPC, a special purpose company of an investment fund managed by JIP, it was resolved that JIP SPC would acquire all shares of HCJI stock it holds as treasury stock. HCJI holds 26% of our shares, and Citrus acquired an additional 0.4% of our shares through market transactions in early February.
Changes in shareholder structure and future relations
As a result, Itochu's voting rights ratio in our company is expected to reach 33.4%, and JIP will cease to be a substantial shareholder. Itochu plans to continue supporting us as an important partner in the medium to long term and deepen business growth and collaboration. We express our profound gratitude to JIP for their support to date.
