Kandenko Co.,Ltd.
Matters Concerning Controlling Shareholders
As of March 31, 2026, Tokyo Electric Power Company Holdings, Inc. owns 35.3% of voting rights, and sales from the same group account for approximately 24%. Treasury stock acquisition of 29,999 million yen was completed in February 2026.
Key Figures
- Tokyo Electric Power Company Holdings, Inc. Voting Rights Ownership: 35.3%
- Tokyo Electric Power Grid Company, Incorporated Voting Rights Ownership: 34.8%
- Sales Ratio from the Same Group: Approximately 24%
- Transaction Amount with Tokyo Electric Power Company Holdings, Inc.: 12,498 million yen
- Transaction Amount with Tokyo Electric Power Grid Company, Incorporated: 140,108 million yen
- Amount of Treasury Stock Acquisition: 29,999 million yen (acquired on February 2, 2026)
AI要約
Status of Parent Company and Controlling Shareholders
As of March 31, 2026, Tokyo Electric Power Company Holdings, Inc. holds 35.3% of voting rights, and Tokyo Electric Power Grid Company, Incorporated holds 34.8%. Tokyo Electric Power Company Holdings, Inc. is the sole parent of Tokyo Electric Power Grid Company, Incorporated and is the major controlling shareholder of our company. Some of the directors come from the same group, but independent officers have also been appointed to ensure management transparency.
Transactions with Controlling Shareholders and Treasury Stock Acquisition
During the period from April 1, 2025 to March 31, 2026, sales from the Tokyo Electric Power Group accounted for approximately 24%. Electrical construction contracting transactions with Tokyo Electric Power Company Holdings, Inc. and Tokyo Electric Power Grid Company, Incorporated amounted to 12,498 million yen and 140,108 million yen, respectively. Additionally, based on a board resolution on February 2, 2026, 29,999 million yen worth of treasury stock was acquired. These transactions were determined after price negotiations considering market prices.
Kandenko Co., Ltd.
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