Ï㽶ÊÓƵ Announces Completion of Investment in Hitachi Construction Machinery Co., Ltd.

August 23, 2022

Ï㽶ÊÓƵ (headquartered in Minato-ku, Tokyo; Keita Ishii, President & COO; hereinafter "Ï㽶ÊÓƵ") announced today that it completed investment in Hitachi Construction Machinery Co., Ltd. (headquartered in Taito-ku, Tokyo; Kotaro Hirano, President and Executive Officer, CEO; hereinafter "Hitachi Construction Machinery") jointly with Japan Industrial Partners, Inc. (headquartered in Chiyoda-ku Tokyo; Hidemi Moue, hereinafter "JIP"), information on which was included in a timely disclosure on January 14, 2022 and June 24, 2022.
Going forward, through a capital alliance with Hitachi Construction Machinery, Ï㽶ÊÓƵ will engage in business collaboration in many regions including the United States and a broad range of business areas, while simultaneously continuing to promote the creation of synergies with existing businesses and the development of businesses through the expansion of value chains.

For Reference

¡öTimely disclosure on January 14, 2022
Announcement in Relation to Capital Alliance with Hitachi Construction Machinery Co., Ltd. and a Change in Specified Subsidiaries

¡öTimely disclosure on June 24, 2022
(Amendments) Announcement Relating to Amendments to ¡°Announcement in Relation to Capital Alliance with Hitachi Construction Machinery Co., Ltd. and a Change in Specified Subsidiaries¡±