Notice Regarding the Planned Change in Major Shareholder
Hitachi Construction Machinery Co.,Ltd. (filing company), Hitachi,Ltd., and SMBC Nikko Securities Inc.
Shares of Hitachi Construction Machinery Co.,Ltd.
We have been engaged in various discussions with Hitachi to further promote independent management and expand the shareholder base to a broader range of investors, including individuals. We understand that this share sale is based on those discussions.
Change in voting rights ownership ratio
The voting rights ownership percentage is the proportion of the voting rights exercisable at a shareholders' meeting held by the shareholder.
Hitachi,Ltd.: 214,623 voting rights (21,462,310 shares), 10.1% (as of 30 June 2026). SMBC Nikko Securities Inc.: 637 voting rights (63,703 shares), 0.0% (as of 30 June 2026).
Hitachi,Ltd.: 0 voting rights (0 shares), 0.0%. SMBC Nikko Securities Inc.: 215,260 voting rights (21,526,013 shares), 10.1% (planned as of 19 August 2026). Thereafter, SMBC Nikko Securities Inc. is expected to hold 637 voting rights (63,703 shares), or 0.0%.
The change in major shareholder status will have no impact on our business performance.
Following this sale, Hitachi,Ltd. will no longer be a shareholder of Hitachi Construction Machinery Co.,Ltd., but will continue its cooperative relationship as an important business partner in areas including the use of digital and autonomous driving technologies, electrification, and parts supply. SMBC Nikko Securities Inc. plans to immediately resell the Hitachi Construction Machinery Co.,Ltd. shares to institutional investors in Japan and overseas on 19 August 2026, after which it will cease to be a major shareholder.
| Item | Details |
|---|---|
| Event name | Notice Regarding the Planned Change in Major Shareholder |
| Date of occurrence | 19 August 2026 (planned date of change) |
| Date recognized / date notice received | 18 August 2026 (date on which notice of the planned sale was received from Hitachi,Ltd.) |
| Subject Entity | Hitachi Construction Machinery Co.,Ltd. (filing company), Hitachi,Ltd., and SMBC Nikko Securities Inc. |
| Target Locations / Products | Shares of Hitachi Construction Machinery Co.,Ltd. |
| Cause | We have been engaged in various discussions with Hitachi to further promote independent management and expand the shareholder base to a broader range of investors, including individuals. We understand that this share sale is based on those discussions. |
| Impact on Earnings Forecast | The change in major shareholder status will have no impact on our business performance. |
| Voting rights ownership percentage before the change | Hitachi,Ltd.: 214,623 voting rights (21,462,310 shares), 10.1% (as of 30 June 2026). SMBC Nikko Securities Inc.: 637 voting rights (63,703 shares), 0.0% (as of 30 June 2026). |
| Voting rights ownership percentage after the change | Hitachi,Ltd.: 0 voting rights (0 shares), 0.0%. SMBC Nikko Securities Inc.: 215,260 voting rights (21,526,013 shares), 10.1% (planned as of 19 August 2026). Thereafter, SMBC Nikko Securities Inc. is expected to hold 637 voting rights (63,703 shares), or 0.0%. |
| Outlook | Following this sale, Hitachi,Ltd. will no longer be a shareholder of Hitachi Construction Machinery Co.,Ltd., but will continue its cooperative relationship as an important business partner in areas including the use of digital and autonomous driving technologies, electrification, and parts supply. SMBC Nikko Securities Inc. plans to immediately resell the Hitachi Construction Machinery Co.,Ltd. shares to institutional investors in Japan and overseas on 19 August 2026, after which it will cease to be a major shareholder. |
Items this document does not state (15)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.We have been discussing with Hitachi,Ltd. the further promotion of independent management and the expansion of the shareholder base to a broader range of investors, including individuals. We understand that this share sale is based on those discussions.