ITOCHU Announces Increase in Shareholding by Berkshire Hathaway Inc. (Exceeding 10% Voting Rights in ITOCHU Shares)

March 2, 2026

On February 27, 2026, ITOCHU was informed by US-based Berkshire Hathaway Inc. (“Berkshire”) that they now hold 10% or more of the voting rights in ITOCHU through a wholly owned subsidiary of Berkshire, National Indemnity Company, as a result of an additional acquisition of our shares.

Number of ITOCHU Shares Held by Berkshire and Percentage of Total Voting Rights

Number of shares held Percentage of voting rights held
As of March 10, 2025 676,234,000 shares 9.54％
As of February 27, 2026 704,799,500 shares 10.07％
Note: ITOCHU conducted a share split at a ratio of five shares of each common stock effective as of January 1, 2026. The number of voting rights before and after the change, the total number of issued shares, and the number of shares without voting rights were calculated based on the assumption that the aforementioned share split occurred.

As of February 27, 2026, ITOCHU has confirmed that Berkshire has additionally acquired 28,565,500shares of ITOCHU. For further details, please refer to the timely disclosure document issued by ITOCHU today.
( https://www.itochu.co.jp/en/files/ITC20260302_2_E.pdf )
Please also refer to Berkshire’s “2025 ANNUAL REPORT”.
( https://www.berkshirehathaway.com/2025ar/2025ar.pdf )


Since Berkshire announced its investment in ITOCHU, we have consistently engaged in amicable dialogues and built a strong relationship of trust. In the course of these discussions, ITOCHU has confirmed not only that Berkshire intends to hold ITOCHU’s shares over the long term, but also that Berkshire is considering additional acquisitions in the future.