{"id":43262,"date":"2026-04-28T13:22:25","date_gmt":"2026-04-28T04:22:25","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/1942-20260428-04_wp_general_ir\/"},"modified":"2026-04-28T13:22:25","modified_gmt":"2026-04-28T04:22:25","slug":"1942-20260428-04_wp_general_ir","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-1942\/ir\/1942-20260428-04_wp_general_ir\/","title":{"rendered":"Matters Concerning Controlling Shareholders"},"content":{"rendered":"<p>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.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"1942","jir_company_name":"Kandenko Co., Ltd.","jir_importance":"\u2605\u2605\u2606\u2606\u2606","jir_publication_date":"2026-04-28","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/1942-20260428-04.pdf","jir_short_summary":"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.","jir_summary":"### Status of Parent Company and Controlling Shareholders\nAs 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.\n\n### Transactions with Controlling Shareholders and Treasury Stock Acquisition\nDuring 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.","jir_financial_highlights":"Tokyo Electric Power Company Holdings, Inc. Voting Rights Ownership: 35.3% (Unknown)\nTokyo Electric Power Grid Company, Incorporated Voting Rights Ownership: 34.8% (Unknown)\nSales Ratio from the Same Group: Approximately 24% (Unknown)\nTransaction Amount with Tokyo Electric Power Company Holdings, Inc. (Electrical Construction Contracting): 12,498 million yen (Unknown)\nTransaction Amount with Tokyo Electric Power Grid Company, Incorporated (Electrical Construction Contracting): 140,108 million yen (Unknown)\nAmount of Treasury Stock Acquisition: 29,999 million yen (Unknown)","jir_category":"","jir_hashtags":"#Kandenko, #ControllingShareholders, #IRInformation, #JapaneseStocks","jir_key_figures":"Tokyo Electric Power Company Holdings, Inc. Voting Rights Ownership: 35.3%\nTokyo Electric Power Grid Company, Incorporated Voting Rights Ownership: 34.8%\nSales Ratio from the Same Group: Approximately 24%\nTransaction Amount with Tokyo Electric Power Company Holdings, Inc.: 12,498 million yen\nTransaction Amount with Tokyo Electric Power Grid Company, Incorporated: 140,108 million yen\nAmount of Treasury Stock Acquisition: 29,999 million yen (acquired on February 2, 2026)","jir_meta_title":"Kandenko Co., Ltd. - Controlling Shareholders Status and Treasury Stock Acquisition | April 2026","jir_meta_description":"As of the end of March 2026, Tokyo Electric Power Company Holdings, Inc. owns 35.3% of voting rights in Kandenko Co., Ltd., with approximately 24% of sales from the same group. Treasury stock acquisition of 29,999 million yen was completed in February 2026.","jir_og_title":"Kandenko Co., Ltd. - Controlling Shareholders Status and Treasury Stock Acquisition | April 2026","jir_og_description":"Information about Kandenko Co., Ltd.'s controlling shareholder status and treasury stock acquisition in February 2026.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7582,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-43262","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Matters Concerning Controlling Shareholders - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-1942\/ir\/1942-20260428-04_wp_general_ir\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-1942\/ir\/1942-20260428-04_wp_general_ir\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-1942\/ir\/1942-20260428-04_wp_general_ir\/\",\"name\":\"Matters Concerning Controlling Shareholders - 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