Kanagawa Chuo Kotsu Co., Ltd.

2026/08/21 Updated
Market Cap: $301.8M (¥48.0B)
Stock Price: $24.59 (¥3,910)
Exchange Rate: 1 USD = ¥158.98

[Kanagawa Chuo Kotsu] Business Alliances with Controlling Shareholders for the Fiscal Year Ending March 2026 | May 20, 2026

Kanagawa Chuo Kotsu is an equity-method affiliate with a 45.54% voting rights ownership by its parent company, Odakyu Electric Railway. It details the earnings for the fiscal year ending March 2026 and business collaborations. Transactions and relationships with controlling shareholders are also clarified.

Importance:
Page Updated: May 20, 2026
IR Disclosure Date: May 20, 2026

Key Figures

  • Voting rights ownership ratio: 45.54%
  • Transaction amount with controlling shareholders: 800 million yen
  • Transaction balance with controlling shareholders: Current assets 500 million yen, current liabilities 100 million yen

AI要約

Relationship with Controlling Shareholders and Business Connections

Kanagawa Chuo Kotsu is a subsidiary of Odakyu Electric Railway, primarily engaged in passenger automobile operations. The Chairman of Odakyu Electric Railway serves as a director, strengthening collaboration. The company owns 45.54% of voting rights, maintaining certain independence in its business activities while pursuing synergistic effects with rail operations. The earnings and strategic outlook for the fiscal year ending March 2026 are also described.

Future Outlook and Transaction Relationships

In fiscal year 2025, transactions with the controlling shareholder mainly included real estate leasing and bus transportation outsourcing, totaling 800 million yen. The company aims to deepen cooperation with the parent company, improve operational efficiency, and expand regional-focused services. There are no restrictions from the controlling shareholder, and a certain degree of business independence is preserved.

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

Kanagawa Chuo Kotsu Co., Ltd.

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