Kinden Corporation

1944.T
Engineering & Construction
2026/08/21 Updated
Market Cap: $6.9B (¥1.1T)
Stock Price: $42.14 (¥6,700)
Exchange Rate: 1 USD = ¥158.98

Regarding Matters Related to Controlling Shareholders

Kansai Electric Power Co., Inc. owns 37.2% of our voting rights. Transaction amounts for fiscal 2025 include electrical construction orders totaling 1,217 million yen and completed work accounts receivable of 677 million yen.

Importance:
Page Updated: April 27, 2026
IR Disclosure Date: April 27, 2026

Key Figures

  • Voting Rights Ownership Ratio of Kansai Electric Power Co., Inc.: 37.2% (Direct 29.8%, Indirect 7.4%)
  • Transaction Amount for Electrical Construction Orders: 1,217 million yen
  • Deposits: 10,000 million yen

AI要約

Status of Controlling Shareholder

As of March 31, 2026, Kansai Electric Power Co., Inc. owns 37.2% of our voting rights, and we are positioned as an affiliate of this company. Kansai Electric Power is engaged in the electricity business, and the proportion of orders received from them in our completed construction volume for the period is 0.2%. Additionally, we have accepted three secondees from Kansai Electric Power who provide certain technical guidance; however, our business operations make independent decisions to maintain autonomy.

Transaction Status with Controlling Shareholder

During the period from April 1, 2025, to March 31, 2026, transactions with Kansai Electric Power mainly consisted of electrical construction orders amounting to 1,217 million yen, with completed work accounts receivable of 677 million yen. Deposits total 10,000 million yen, set at an interest rate considering market conditions. Transaction terms are determined through appropriate price negotiations, ensuring fair dealings.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Kinden Corporation

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