Nippon Ski Resort Development Co.,Ltd.
Notification Regarding Matters Concerning the Controlling Shareholder, etc.
Discloses the relationship and transaction terms with the parent company, Nippon Parking Development Co.,Ltd., and the concurrent officer positions held by the Company's directors who also serve as officers of the parent company. Executed a 2,500 million yen loan on 2026-09-30, interest fixed at 3.17% per annum, 10-year repayment, unsecured and unguaranteed. Describes the board's deliberation framework to secure independence.
Key Figures
- Loan Amount: 25 hundred million yen
- Loan Execution Date: 2026-09-30
- Loan Interest Rate: Fixed 3.17% per annum
AI要約
Overview of Relationship and Transactions with the Controlling Shareholder
The Company has a capital relationship with its parent company, Nippon Parking Development Co.,Ltd., and human relationships such as concurrent director positions. The board of directors includes a majority of independent outside directors, establishing a framework to ensure independence. The Company executed a 2,500 million yen loan from the parent company on 2026-09-30, with repayment due on the maturity date 10 years later; principal is deferred for the first five years, after which equal principal repayments will be made.
Minority Shareholder Protection and Deliberation Framework
For material transactions with the parent company, a system is in place whereby independent outside directors participate in deliberation and approval. Loan terms were compared with conditions from five domestic financial institutions and were judged not to be unreasonable. Board resolutions were conducted by written resolution under Article 370 of the Companies Act, and to avoid conflicts of interest, directors who concurrently serve as officers of the parent company did not participate in deliberation or voting.
Nippon Ski Resort Development Co.,Ltd.
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