Change in the Major Shareholder and Largest Shareholder among the Major Shareholders
National Indemnity Company (a wholly owned subsidiary of Berkshire Hathaway Inc.)
The receipt of a report from Berkshire Hathaway Inc. that the ratio of voting rights owned by its wholly owned subsidiary, National Indemnity Company, to the voting rights of all shareholders had exceeded 10%.
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.
1,544,727 voting rights (154,472,700 shares), 9.32%; ranked first among major shareholders as of 10 March 2025
1,652,660 voting rights (165,266,000 shares), 10.10%; ranked first among major shareholders as of 6 May 2026
We will continue our dialogue with shareholders and make ongoing management efforts to enhance corporate value.
| Item | Details |
|---|---|
| Event name | Change in the Major Shareholder and Largest Shareholder among the Major Shareholders |
| Date of occurrence | 1 May 2026 (date of change) |
| Date recognized / date notice received | 7 May 2026 (date on which the report was received from Berkshire Hathaway Inc.) |
| Subject Entity | National Indemnity Company (a wholly owned subsidiary of Berkshire Hathaway Inc.) |
| Cause | The receipt of a report from Berkshire Hathaway Inc. that the ratio of voting rights owned by its wholly owned subsidiary, National Indemnity Company, to the voting rights of all shareholders had exceeded 10%. |
| Voting rights ownership percentage before the change | 1,544,727 voting rights (154,472,700 shares), 9.32%; ranked first among major shareholders as of 10 March 2025 |
| Voting rights ownership percentage after the change | 1,652,660 voting rights (165,266,000 shares), 10.10%; ranked first among major shareholders as of 6 May 2026 |
| Outlook | We will continue our dialogue with shareholders and make ongoing management efforts to enhance corporate value. |
Items this document does not state (17)
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.Because Berkshire Hathaway Inc. reported that the voting rights ownership ratio of its wholly owned subsidiary, National Indemnity Company, had exceeded 10%.