Toho Co., Ltd.
Matters Concerning Controlling Shareholders
Hankyu Hanshin Holdings, Inc. holds a 22.62% voting rights ownership ratio as an other affiliated company, with limited transactions with our company, ensuring a high degree of independence.
Key Figures
- Voting Rights Ownership Ratio of Hankyu Hanshin Holdings, Inc.: 22.62%
- Direct Ownership Ratio: 13.58%
- Combined Target Ratio: 9.03%
AI要約
Status of Controlling Shareholders and Others
Hankyu Hanshin Holdings, Inc., an other affiliated company of ours, holds a total voting rights ownership ratio of 22.62%, forming the core of the Hankyu Hanshin Toho Group together with our company and H2O Retailing Corporation. Direct transactions are limited, consisting of certain transactions such as building leases with Hankyu Corporation and Hankyu Hanshin Properties Corporation, and minimal ordinary transactions with Hankyu Travel International Co., Ltd. and Hankyu Hanshin Express Co., Ltd.
Management Independence and Minority Shareholder Protection
The relationship with Hankyu Hanshin Holdings, Inc. is a loose collaboration ensuring a high degree of independence. There is no sharing of management policies or strategies, and there are no particular constraints on our group’s business operations. It is considered that there is no influence causing disadvantage to minority shareholders. Additionally, the group CEO and Representative Director of Hankyu Hanshin Holdings, Inc. has been appointed as a director (non-executive) of our company, contributing to strengthened cooperation.
