ITOCHU concluded a capital alliance agreement with Hitachi Construction Machinery Co., Ltd. in August 2022. We drive to collaborate in all areas of business such as sales, logistics, financing, rental of construction machinery and mining machinery manufactured by Hitachi Construction Machinery. Operating conditions and the lifecycle of construction machinery differs widely from country to country. Also, with the trend of the electrification of power train for decarbonization, clients’ needs are diversifying. Hitachi Construction Machinery Co., Ltd. is strengthening its services to provide the solution of its clients’ problems based on the approach of CIF (Customer Interest First). Our management policy sets forth changing business models with a market-oriented mindset. Leveraging our worldwide network and cross-industrial knowledge of our Division Companies, we will cooperate with Hitachi Construction Machinery Co., Ltd. to expand solution businesses to solve clients’ problems.